Buy Here Pay Here — Payment Center

To maintain an "audit-proof" operation, your payment center should generate these five reports monthly. Purpose: Tracks how long payments are overdue.

A BHPH payment center's success is measured by rather than just sales volume. High-performing centers typically maintain a payment yield (actual cash collected vs. scheduled) of 85% or higher. Core Industry Benchmarks (2024–2026)

Determines if underwriting standards for that specific period were successful or led to higher-than-average defaults. 4. Cash Drawer & Reversal Report Purpose: Balances physical and digital payments daily.

Roll Rates (the percentage of customers moving from one late bucket to the next). 2. Recency Report

The percentage of customers who made a "Promise to Pay" and actually followed through.

This report provides a comprehensive overview of a performance, focusing on collection efficiency, portfolio health, and operational benchmarks. 📊 Executive Summary: Portfolio Health

Identifies customers who are delinquent but have paid something recently.