
Credit Management and Reporting
Thriving Through Better Credit Management and Reporting
Credit professionals are responsible for mitigating bad debt exposure but, in most cases, they are working with outdated and
non-integrated tools. Credit information has to be extracted from a variety of sources, manually reviewed and then acted
upon.
Cforia is the repository for all credit-related information and provides
new analytical tools to automate credit risk management. Cforia helps
companies thrive with:
- Days Beyond Terms Payment trend tracking
- Alerts to flag slow paying customers
- Credit risk assignment and tracking
- Suggested Credit Limits with change history
- Automated retrieval of credit reports that are triggered by Days
Beyond Terms thresholds, preset time interval or special circumstances
- Integrated access to EdgarOnline, Equifax, Experian, Graydon and LexisNexis.
- Wider coverage including small business down to the sole proprietor
- Offered on a lower cost per-report basis without an upfront annual commitment.
- Monitoring changes in accounts, such as payment delays, disputes and
other factors affecting a customer's credit
- Alerts to flag when a customer nears credit limits.
"Cforia’s credit risk and payment trending functionality allowed us to proactively manage at-
risk customers to mitigate bad debt exposure." - Otis Spunkmeyer
