ABC-Amega Enhances Industry Group Credit Reporting with the Addition of Statistical Scoring from PredictiveMetrics

Buffalo, NY – ABC-Amega, Inc., a global leader in the commercial collection, credit information, and receivables outsourcing markets, has partnered with PredictiveMetrics? Inc. (PMI), a leading provider of statistical scoring solutions for the B2B market, to provide ABC-Amega’s credit group members with an industry-relevant, statistically based payment scoring analysis and reporting on their customers.

The ABC-Amega Net30Score Report integrates PredictiveMetrics’ state-of-the-art statistical scoring technology with ABC-Amega’s proprietary credit interchange system, goAmega. The resulting scoring analysis based on payment trends within each credit group’s historical customer payment database provides the group members the most advanced risk assessment available for small and mid-sized customers.

"Developing a predictive payment score from member-provided payment data makes it particularly relevant to the industry the various credit groups do business in," said David Herer, CEO of ABC-Amega. "Using PMI’s Net30Score in conjunction with the detailed aging information currently available to our members will give members added value through the addition of a statistically validated score that will help them make more accurate and profitable credit and collection decisions."

The ABC-Amega Net30Score Report is designed to allow credit group members to proactively monitor their customers’ creditworthiness in an ever-changing financial environment. Net30Score looks at every customer in the goAmega database each month and predicts the specific probability that an existing GOOD paying company is going to become a delinquent or BAD paying company in the future.  ABC-Amega credit group members now have access to the most predictive analysis on both their new and existing customers, which is based on their group’s specific payment data.

The Gift Associates Interchange Network (GAIN) will be the first of ABC-Amega’s industry credit groups to be introduced to ABC-Amega Net30Score Report when the product is launched at the group’s conference in Chicago, May 12-14, 2010. It will be rolled out to other ABC-Amega credit groups following the GAIN launch.

About ABC-Amega Inc.
Established in 1929 as American Bureau of Collections, a commercial collection company, ABC-Amega has grown from a one-man operation into a worldwide, world-class receivable management firm servicing thousands of small and medium-sized businesses, as well as many of the “Fortune 500” and multinational corporations.

ABC-Amega has been managing credit groups since 1965. Our credit groups save members time and money by providing accurate, relevant credit information that helps them make informed credit decisions quickly and easily.

About PredictiveMetrics? Inc.
Founded in 1995, PredictiveMetrics, Inc. is the leading provider of predictive scoring and analytical decision solutions. PMI’s custom and industry/finance decision technology spans many industries, types of financing and debt. PMI’s proprietary software systems are designed to conduct vigorous and sophisticated analytics which, coupled with advanced statistical techniques, provides customers the most cost-effective decision solutions. Combining clients’ business expertise with PredictiveMetrics’ data, modeling and resource capabilities, PredictiveMetrics provides extremely predictive decision technology for companies worldwide.

PMI is headquartered in Tinton Falls, NJ.