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Application of scoring systems in trade credit assessment. (Selected Topic).
As a result of the current economic downturn, credit managers are facing a tough, increasingly inflexible credit environment. Business bankruptcies are at historically high levels, with the number of slow paying accounts increasing 10 percent in the last couple of years. The degradation of credit has gone hand-in-hand with the pressure to manage the costs of credit operations. In an effort to reduce internal costs and improve operating efficiencies, companies have frozen or reduced budgets for the credit function.
At the same time, high profile corporate scandals, SEC investigations into corporate accounting practices and loss of investor confidence have ...
- HNC Software Enables Instant Access to Purchasing Credit for B2B Buyers; Aceva...
- Press release article from: Business Wire September 12, 2000 700+ words
...plans to enhance credit decisioning within its Aceva...Typically, trade credit decisioning is a manual...real-time credit decisioning over the Internet...percent, saving companies billions each...Valley, the company has received...
- ADP Credit Corp. Selects eFinance for Credit Decisioning & Workflow Management...
- Press release article from: Business Wire April 18, 2001 700+ words
...for eFinance, a credit decisioning and workflow management technology company, to provide ADPCC...computing services companies," said Reid...institutions, and other companies with an e-commerce...solution provides credit decisioning and fulfillment...integrated into a ...
- eFinance to Provide NEC With Online Credit Decisioning & Transaction Finance...
- Press release article from: Business Wire March 22, 2001 700+ words
...platform for credit decisioning and documentation...to work with a company of NEC's stature...institutions, and other companies with an e-commerce...solution provides credit decisioning and fulfillment...integrated into a company's e-commerce...
- Zoot Enterprises Reports Successful SAS 70 Audit; Instant Credit Decisioning...
- Press release article from: Business Wire May 22, 2006 700+ words
...advanced instant credit decisioning and loan origination...examination of the company's information...credit-issuing companies. The SAS 70...highly secure credit decisioning solutions that...a year. The company's product lines...
- Credit Decisioning: Top Tools for Tough Times: Today's risks prompt smaller...
- News wire article from: Banking Wire Malakian, Anthony July 14, 2008 700+ words
...NC-based behemoth Wachovia. But when it comes to credit decisioning, First Interstate Bank is playing on the same field...numerous other big banks for that matterin using an automated credit decisioning tool from Zoot Enterprises that allows big and small banks...
- Credit Decisioning: Top Tools For Tough Times: Today's risks prompt smaller...
- Magazine article from: US Banker Malakian, Anthony August 1, 2008 700+ words
...NC-based behemoth Wachovia. But when it comes to credit decisioning, First Interstate Bank is playing on the same field...numerous other big banks for that matterin using an automated credit decisioning tool from Zoot Enterprises that allows big and small banks...
- D&B Adds Web-based Credit Decisioning Solution to Risk Management Solutions...
- Press release article from: Business Wire January 29, 2002 700+ words
...simple and fast Web-based credit decisioning solution. Customers simply...vehicle lease applications, the company relies on a D&B Risk...implementing D&B's automated credit decisioning solution. The number of leasing...
- Destiny Software and Magnum Communications Partner to Deliver Credit...
- Press release article from: PR Newswire September 9, 1998 700+ words
...Solutions with Magnum's Credit Decisioning Technology CONSHOHOCKEN...experience in real-time credit decisioning. Under the agreement, the companies will integrate Destiny...institutions where both companies share common clients...
