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