Mayer Electric

Mayer Electric

"Cortera offers unique benefits that no other credit management solutions provider could present."

David Morgan, Chief Financial Officer


  • Replace an existing manual process with an automated one that would create centralized credit application processing and apply a consistent credit policy
  • Reduce credit application turnaround time – potential buyers walked away rather than wait three days to have their account approved
  • Lower sales abandonment rates
  • Rapid business growth through acquisitions was putting a strain on customer service levels


  • Implement a web-based, real-time credit automation system from Cortera
  • Automate routine decisions based on Mayer’s credit policy through scoring and workflow
  • Accounts that require in-depth reviews are routed to analysts automatically


  • “With eCredit our customers are not forced to wait for credit approval, and we expect our sales to increase due to the quick turnaround” – Brenda Lovell, Corporate Credit Manager, Mayer Electric
  • Credit application turnaround time was reduced from 2-3 days to 30 seconds
  • 98 percent of applications are automatically processed through Cortera’s eCredit software
  • “Since we have been live on eCredit, we have seen considerable gains in credit application turnaround time and in the quality and consistency of the decisions issued by our department.” – Brenda Lovell, Corporate Credit Manager, Mayer Electric

Download 50 FREE Cortera B2B Insight Reports!

See how you can manage risk, find new prospects and upsell customers based on their buying trends across key industry categories. Browse detailed reports on 20+ million companies.

Try Cortera Today