Cortera® has welcomed Caine & Weiner, a leading commercial receivables management company, to the list of Cortera Open Receivables™ partners. As a network partner, Caine & Weiner can now offer a co-branded version of the Cortera Pulse® monitoring tool to their customers, with a click-to-place feature that automates the placement process of delinquent accounts.
Cortera’s Pulse product is a customer risk monitoring tool that gives credit managers and other finance professionals the ability to autonomously monitor their A/R portfolio for risk and opportunity. Cortera Pulse delivers daily alerts on changes in customer risk along with portfolio analytics that enable users to identify accounts that have a high risk of payment and those that should be the most collectable. Within Pulse, the Open Receivables “click-to-place” feature allows them to capitalize on these insights and take immediate action by triggering a placement with their preferred agency.
Aside from the value derived from advanced reporting capabilities using the Cortera Pulse application, mutual customers can save time and increase efficiency through the automation of their collection process. The overall collectability on an overdue account is dramatically increased when it is discovered in a timely manner that is conducive to repayment. Additionally, organizational time is not wasted filling out placement forms or validating financial data.
About: Caine & Weiner is a solution-based accounts receivable management company that provides credit and collection services to America’s leading companies. Our clients are comprised of a broad cross-section of American industry; in fact, 20% of the Fortune 500 companies use our services. Our investment in applied collection technology includes state-of-the-art call centers, online collection systems and instantaneous reporting. Our continuous market analysis, monitoring of the latest industry legislation and active participation in professional associations assure that our clients are the best served in the profession. To learn more, please visit: http://www.caine-weiner.com
Source: Cortera Press Release