freightquote.com

“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.”

Eric Votaw, Sr. Manager – Corporate Credit & Cash Application

Challenge

  • Need for more industry-specific credit report information
  • Goal of improving the consistency of credit decisions throughout the credit organization

Solution

  • Leverage Cortera’s credit reports and scores in the transportation industry
  • Join the TRMG Credit Group managed by Cortera and NACM Houston
  • Integrate quarterly batch portfolio reviews into freightquote.com’s existing accounts receivable system based on Cortera information

Results

  • Significant reduction in bad debt
  • Streamlined collections based on credit group level detail
  • Improved insight based on participation in the TRMG credit group