Startup Idea: Credit and Collections-Focused Software Solution

Startup idea to develop a software specifically designed for credit and collections professionals. The software will provide more detailed and accurate insights into customer payment behavior, with data manipulation features like exclusion of certain elements from payment metrics to ensure accurate data.

I would like a software specifically geared to credit and collections professionals. Right now, we typically rely on a combination of Excel, and enterprise accounting programs. These programs were never meant to give us information related to how a customer pays, while giving us the ability to specifically exclude certain items from the payment metrics. For instance, a customer pays his bill in an average of 21 days every month, but one month he didn't get the bill because it was lost in the mail. I would want to be able to exclude that invoice from the calculation on how fast he pays, so that it doesn't skew the average, and I maintain a true sense of payment behavior not affected by external factors. I looked on google using "collections software" and "credit software" Right now I dump the data into excel and manipulate it to my needs.

Submitter: matt - (view contact info)