Since deploying Cortera’s eCredit solutions, Ryder has reduced the risk level of its customer portfolio by 5 percent…we are experiencing the lowest write-off volume in six years.

As a Credit Manager, I always try to make sure we are spending our credit reporting dollars efficiently, and Cortera fits that mold for us. Pulse helps us take a proactive and responsible approach to Credit Management, allowing us to monitor our customers on a daily and monthly basis.

Cortera Pulse provides me with a reliable risk management tool that helps me keep a keen eye on my portfolio’s overall risk exposure, it provides my team with a very objective, unbiased source of information to help focus and prioritize our sales attention effectively.

Cortera gives us relevant data, not just aggregate information. How a particular shipper is paying the electricity company is not as important to me as how this company is paying its freight bills. Cortera reports provide this valuable information.

We use Cortera Pulse Alerts on a daily basis to identify red flags in my existing customers’ credit accounts. I can think of several occasions where Pulse Alerts have identified bankruptcies or tax liens that empowered my team with the information they needed to reevaluate the risk on an account or prevent an order from going out. There are times when Pulse has saved us thousands of dollars by making us aware of these risks that would have otherwise gone unnoticed.

Pulse has made my job easier. It has freed my time from making individual trade reference calls, which can be very time-consuming, and instead, it has placed the data at my fingertips. You could spend hours and hours trying to monitor and build this data for yourself and get appropriate KPI measurements – or, you could use Cortera to do it for you. I have found Cortera’s data to be very accurate and cost-effective and it allows me to spend my time on value-added tasks.

We manage our Company’s portfolio risk through the use of Cortera’s monthly CFO reports. The data in the reports allows me to quickly and easily take action. Our CEO and CFO both view Cortera’s monthly CFO Report and have stated that the data is presented in a very easy-to-read, digestible format, where you can clearly see what is going on with the overall financial health of your customers.

In a world where we are asked to do more with less, Cortera really gives me a lot more for less. Cortera does a great job by making my job easier.

I would recommend Cortera Pulse to other businesses, it has been a useful tool that allows my credit team and me to inexpensively track our customers and get more information. The Pulse Daily Alerts are especially helpful in monitoring our 17,000 accounts effectively and efficiently.