Global Credit Services Launches ClearPath Payment Score Report to Improve Commercial Payment Risk Management
NEW YORK, July 10, 2012 /PRNewswire/ -- Global Credit Services, a leading provider of information and enterprise credit risk management software solutions, announced today its launch of its new ClearPath Payment Score Report. The report dramatically improves comparative insights into business-to-business payment activity and behavior -- providing the information needed to quickly assess and manage the risk of doing business with over 20 million private and public U.S. companies.
The new ClearPath Payment Score Report draws from extensive business payment experience data. It's a comprehensive snapshot that includes, for each company, its ultimate parent company, a company profile, and a payment score, trend, rating, data, summary statistics, comparisons, and key executives' names and titles. ClearPath Payment Score Reports also includes key collections and public record indicators, including bankruptcies, judgments, and liens. And, for public companies, they provide financial statistics and business descriptions.
By leveraging data in the ClearPath Payment Score Report, businesses now can compare their own customer trade payment experiences with other companies' experiences. And, with improved insights, companies can be more informed when prospecting for new business, increasing revenue from existing customers, setting payment terms, and collecting outstanding balances. ClearPath Payment Score Report is a Web-based, on-demand solution.
"Launching the ClearPath Payment Score Report marks an important, strategic advance in our 16-year history serving the risk management needs of clients," said Arthur Stein, President and Chief Executive Officer of Global Credit Services. "Both large and small companies routinely sell their goods and services to privately owned companies, where timely trade payment insights are critical to assessing and managing business risk."
This new report is part of a new integrated suite of commercial payment risk management resources called ClearPath Trade Insights. ClearPath Trade Insights complements Global Credit Services' established ClearPath Scoring Insights, Analyst Insights, Private Company Scoring, and Custom Scoring solutions, which provide businesses with information, tools, and intelligence to manage risk among public and private companies globally.
About Global Credit Services
Global Credit Services, based in New York, is a leading provider of business-to-business credit information and risk management solutions. It helps corporations measure, control, and mitigate credit risk with its in-depth credit analysis, Web-based software solution, and robust database covering U.S. and international companies. It has been a trusted resource for risk management professionals for 16 years, helping them make informed decisions about their prospects, customers, suppliers, counterparties, and partners.
Global Credit Services, LLC
10 East 40th Street, New York, NY 10016, USA
http://www.GlobalCreditServices.com
Contact: Dorothy Serdenis
917-388-8812
This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.
SOURCE Global Credit Services, LLC
Share this article