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Cortera Announces New Releases of eCredit® Software

Includes the Cortera Score and Customizable Views


BOCA RATON, FL–(Marketwired – May 14, 2014) Cortera, Inc., the foremost provider of business-to-business analytics and cloud-based risk management solutions, is pleased to announce two new releases of eCredit, the award-winning credit scoring and collections automation platform. These two releases continue the tradition of providing forward-thinking, customer-driven enhancements to keep eCredit at the forefront for credit and collections software.

Version 7.6 went live in March 2015 and incorporated the Cortera Score into eCredit reports. The Cortera Score assesses overall financial health and related credit risk of a business and it is derived from combined payment behavior and purchase behavior data. The Cortera Score gives new insights into credit risk and stronger predictive power than traditional credit risk scores.

Also included in this version is the Credit Request Snapshot, which provides a centralized view of all credit request data including credit application data, decisions, custom scorecards and other custom information all in a single screen. This template-driven screen allows customers to configure unique snapshot views for different user groups within the organization, tailoring the information delivered to each specific user groups’ business needs. The Credit Request Snapshot can also be configured in stand-alone view outside of the eCredit application so that it can be used for real-time decision status updates for sales and other departments, eliminating the need for an inefficient paper trail or email communications.

eCredit Version 7.6 also includes Quick View, pop-up screens for enhanced usability. Various screens provide specific information on a customer, credit request or invoice without navigating to the detailed screens. eCredit users can configure desired data fields to be included in Quick View.

eCredit is also now integrated with Google StreetView, providing easy access to a panoramic photograph of a customer’s location.

“As a long time eCredit user, we consistently see the feature set evolve to meet our needs, often introducing new functionality that increases our efficiency and focuses our staff’s attention to where it is most needed,” said Judy Kettlewell, director of credit, WinWholesale.

Building on these enhancements, Cortera is proud to announce the availability of Version 7.7 in late May, which will introduce additional integration with new real-time risk and fraud data providers. Upon the release of Version 7.7, eCredit will support over 25 third-party data suppliers within their platform.

In addition to the above major features, all releases also include other enhancements based on customer feedback.

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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