As a Regional Credit Manager for H&E Equipment, I use Cortera Pulse Alerts on a daily basis to identify red flags in my existing customers’ credit accounts and Cortera’s $4 Risk Reports to determine creditworthiness for new customers. Cortera’s daily alerts provide me with a better understanding of what is going on in terms of the financial health of my customers while bringing my attention to any important changes that are going on regarding their creditworthiness. Pulse puts all of the information in one centralized location and alleviates the need for me to manually source the information out individually. With thousands of customers, there is no way I would be able to manually pull public filings or articles on every account, every day. Pulse helps me effectively monitor, mitigate risk and make more informed credit decisions. 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. While we use Pulse as well as other bureaus, Pulse provides us an additional source of information and seems to have a large database of information. No one bureau has it all, but what I get from Cortera is a good value. I recommend Cortera Pulse to those who are looking for a more cost-effective method of pulling credit reports or a reliable accounts receivable monitoring tool.
-Nina Flurer, Regional Credit Manager