PredictiveMetrics Introduces Automated Decision Tool for Active Portfolio Monitoring

TINTON FALLS, NJ – PredictiveMetrics™ a leading knowledge-based scoring company, successfully launched Net30Score™, statistical model for commercial portfolio management, at Credit Research Foundation?s (CRF) Accounts Receivable & Credit Open Forum. Attendees were impressed with the concept of a multi-functional decision tool designed specifically for commercial net 30/net 10-day term transactions. They liked the idea of using their own predictive internal performance data, and having easy access to scores through the Internet. No software is required, minimizing IT resources.

Net30Score is designed to quickly and accurately predict the probability that an existing business-to-business customer will become seriously delinquent, bankrupt, or go to loss within 6 months. This objective decision tool can be used as an internal control for accounts receivable and losses to comply with the Sarbanes-Oxley Act. Many companies intrigued by Net30Score and further streamlining operations, expressed an interest in having PredictiveMetrics conduct a retrospective analysis to prove model effectiveness on their own portfolio.

?Validation results for the companies currently testing Net30Score indicate the model is a strong predictor of portfolio risk for more consistent decisioning,? says Michael Banasiak, president of PredictiveMetrics, Inc. ?By allowing companies to integrate their policy rules into Net30Score, drives model performance up and allows the credit and collection manager to control the level of automation, generating a superior decision system.?

Net30Score has many applications including new credit authorizations with existing customers, credit line management, and collections. The model leverages the predictive power of internal trade credit accounts receivable and collection performance data and also includes other predictive external information, supplied by PredictiveMetrics.

Access to scoring is easy with Net30Score. File transfer occurs through encrypted FTP Internet exchange, providing greater efficiency with faster turnaround on batch process. Net30Score resides on the company?s system and updated regularly. Scores are straightforward and the customer receives a score distribution to better evaluate and understand changes in risk for more knowledge-based decisions at the portfolio level. Net30Score joins a suite of PredictiveMetrics? other scoring products including UtilityScore for Collections, RecoveryScore, and DebtBuyerScore.

About PredictiveMetrics
PredictiveMetrics, formerly Predictive Business Decision Systems (PBDS), continuously helps customers increase efficiency as well as their profit margins by providing custom, industry specific, and pooled statistical scoring tools for credit, portfolio management, collection, and recovery. Utilizing advanced methodologies and statistics to application, accounts receivable, and collection data, as well as credit bureau, financial statement, and demographic data allows customers to turn probabilities into profits. Armed with experts in the field of developing predictive scoring solutions for a variety of applications, types of financing, and industries allied with its consultative approach, PredictiveMetrics provides the most accurate and predictive decision tools in the market today! Established in 1995, PredictiveMetrics is headquartered in Tinton Falls, NJ.For more information about PredictiveMetrics, visit the company’s web site at www.predictivemetrics.com. For more information about Net30Score, visit www.net30score.com.