Cortera
12 Case Studies
A Cortera Case Study
Corbion CARAVAN is a global leader in lactic acid and related biobased ingredients used across bakery, meat, pharma, and personal care markets. Its small Credit & Collections team must thoroughly vet new customers before extending unsecured credit, and sought to reduce North American credit-data costs without sacrificing the quality they’d been getting from D&B.
In 2014 Corbion switched to Cortera Pulse, using $4 Risk Reports and Daily Alerts to monitor customers; the $99/month platform enabled them to eliminate D&B, cut data costs substantially, and maintain comparable accuracy. As a result the team can set informed credit limits, spot payment risks early, and keep accounts receivable healthy—saving money while preserving service quality.
Joe Mehrer
Credit & Collections Manager, Corbion