Case Study: Interstate Companies protects $40 million in receivables with Cortera

Protecting $40 million in receivables

Interstate Companies, a long-running business with a small centralized credit and collections team, needed a better way to keep up with credit decision response times and ongoing risk monitoring while working within a limited budget. They were spending too much time manually crunching numbers, creating reports, and analyzing data, and turned to Cortera for a more cost-effective data and monitoring solution, using Cortera Pulse®.

Cortera implemented Cortera Pulse with daily risk alerts and a monthly CFO Report to help Interstate monitor new and existing accounts, track portfolio risk, and identify accounts with the highest exposure. The solution gave the team reliable, easy-to-read data, automated analysis, and KPI reporting, saving time and improving decision-making across about $40 million in receivables, while delivering strong cost savings and better value than legacy providers.

Interstate

James Sarkkinen

Credit Manager, Interstate