Portfolio Analysis Tools, Turnkey Credit Scoring Software, Industry-Specific Credit Reports Usher in New Era of Commercial Credit Management
DEDHAM, Mass., -(June 11, 2007) – eCredit (now Cortera), a leading provider of business information solutions for credit and collections professionals, today announced the introduction of a suite of new products, providing credit managers with unprecedented flexibility and access to the information that will empower credit professionals to make better credit decisions. Leveraging over 14 years of experience in helping companies manage commercial credit and collections, eCredit has developed portfolio analysis tools, turnkey credit scoring software, and industry-specific credit reports. These products will help credit professionals streamline processes and use data and scores to make more informed decisions, reduce bad debt, and increase collections efficiency.
“As a customer for many years, we have long reaped the benefits of eCredit’s innovation with respect to credit scoring and collections automation,” said John Pomilio, Vice President, Financial Services, XTRA Lease. “These new information products from eCredit represent the next step in commercial credit management and we are confident in the value they will provide for our organization.”
The new family of eCredit products includes:
- Boost™ — A self-service, web-based portfolio scoring and analysis tool that appends insights and information to customer portfolios and prospect lists.
- Dig™ — An inexpensive credit report that provides industry-specific credit scores and detailed payment information.
- QuickLook™ — A simple yet powerful service that provides a low-cost way for credit analysts to perform an initial credit check on businesses.
- Snap™ — Credit scoring for everyone. An easy-to-implement and easy-to-use credit scoring and workflow application that provides credit professionals with access to data from multiple bureaus.
“With our history of leadership in the area of commercial credit and collections management, eCredit has the know how to power the evolution of business information solutions,” said Jim Swift, eCredit President and CEO. “We look forward to continuing our high level of innovation and supplying credit professionals with exactly what they need to help their department succeed.”