SunGard AvantGard Receivables Integrates PredictiveMetrics' Scoring Solutions

SunGard announced that PredictiveMetrics  will integrate its Net30Score product into SunGard’s AvantGard Receivables solution. AvantGard Receivables helps credit and collections professionals to improve liquidity management by delivering solutions for operational control and visibility of treasury, receivables and payments operations.

PredictiveMetrics’ Net30Score predicts the likelihood that a customer will become delinquent, go to write-off, or file for bankruptcy within six months of the date the customer was scored. Net30Score will be integrated into the AvantGard Receivables solution to help customers to utilize statistical-based credit scoring as the basis for the development of risk-based collection strategies.

Net30Score uses a company’s internal accounts receivable data, data that is free and has been proven to be the most predictive, to produce portfolio collection scores that are validated to quantify an existing customer’s inherent risk.

“PMI’s statistical-based products have helped many leading companies lower their DSO and better manage their receivables by using statistically validated inherent risk, rather than aging, as the primary driver of an internal collection strategy,” stated Michael Banasiak, president of PredictiveMetrics. “In addition, customers keep costs low because they do not have to purchase bureau data for a majority of their clients. And they are making knowledge-based collection decisions.”

“The integration of Net30Score with AvantGard offers our customers not only a predictive risk score, but also value added advanced reporting which helps them to develop cost-effective, profitable collection strategies,” said C.J. Wimley, chief operating officer of SunGard’s AvantGard business unit. “Leveraging PMI’s predictive power of internal performance to develop portfolio management scorecards provides a robust decision system.”