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Volition
Nov 29, 2016
Larry Cheng
Larry Cheng is a Co-Founder and Managing Partner at Volition Capital.

Cortera Announces Launch of Cortera Decisions

Automated Scorecard Platform Now Available

BOCA RATON, Fla., Nov. 29, 2016 (GLOBE NEWSWIRE) — Cortera, Inc., a leading provider of business-to-business analytics and cloud-based risk management solutions, is pleased to announce the launch of Cortera DecisionsTM, a new automated scorecard platform.  Available now, Decisions will help companies streamline processes and improve financial performance by increasing automation of credit decisioning and portfolio risk reviews.

Cortera Decisions will allow customers to create credit scorecards within the Cortera Pulse application using defined variables, conditions and weightings. When applied to a chosen business, the scorecard will automate an approved, pending or declined credit request along with a range of recommended credit limits.  The new analytics will be available through individual credit requests and batch scoring.  Users will also have access to their historical credit decisions.

“Cortera is known for constantly innovating to bring new functionality to our customers,” said Cortera’s CEO Jim Swift. “Recent brainstorming with customers resulted in what we believe is a powerful new way to deliver automated credit decisioning in a manner that allows companies to customize many dimensions to best meet their business needs.  This easy-to-use, highly configurable new product combines processing efficiency and higher order analytics to improve credit decisioning and credit limit management.”

Cortera Decisions is available for all Cortera Pulse customers. For more information on Cortera Decisions, visit https://www.cortera.com/products/decisions.

About Cortera

Cortera provides analytical and cloud-based workflow solutions that enable companies of all sizes to better understand their customers, suppliers and business partners. Our comprehensive solutions increase visibility into the financial health of your B2B customers while keeping you informed of important changes that traditional credit reporting tools miss. Thousands of companies across diverse industries use Cortera’s solutions to increase revenue, improve sales effectiveness, and reduce risk. Cortera is privately held with offices in Boca Raton, FL and Quincy, MA.

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