Tuesday, April 1, 2003

2003.4.1 National Association of Credit Managers Affiliate CMA, Partners with Credentrust to Streamline Trade Credit Processing for New and Existing C

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National Association of Credit Managers Affiliate CMA, Partners with Credentrust to Streamline Trade Credit Processing for New and Existing Customers.
Burbank, Calif. (May 1, 2003) – CMA Business Credit Services announced today that they have partnered with Credentrust Software, Inc. to provide a powerful business workflow collaboration tool for approving credit for the new and existing business customers of their over 2000 Clients. According to Michael Mitchell, Director of Marketing for CMA, customers regularly visit www.anscers.com to access a number of trade credit services. "While on the site, they can utilize the vast resources of Credentrust to simplify, streamline and standardize the once manual paper intensive, time consuming and often redundant process of capturing, preparing, analyzing, and storing credit files on new and existing customers," he explained. "The new customer simply fills out an interactive online credit application and uploads and/or efaxes all other necessary documents into their secure private VAULT. The sales, credit and any other department in the company granting credit can view this data anytime anywhere based upon permissions. They can view status history, view credit bureau data, bank and trade references in an instant, and process the new customers. It's really a time and cost saver which allows our clients more time to focus on urgent jobs within the company, like collections."
Credentrust’s technology offers each new customer a secure, paperless "VAULT" in which to upload and store their financials, tax returns, and other important information. The VAULT has 24/7 access and allows all parties in the transaction to view, analyze, communicate, decision, document, track, report and collaborate over information in order to get the new customer onboard.
CMA provides business credit services to over 2000 businesses needing access to information to make faster, better decisions on granting and approving new and existing customers for credit.
For more information about CAM Business Credit Services, call (800) 541-2622 xt 140 or visit www.anscers.com
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About CMA:
CMA is an affiliate of National Association of Credit Managers (NACM). CMA provides business credit services to over 2000 businesses needing access to information to make faster, better decisions on granting and approving new and existing customers for credit.
About Credentrust:
Credentrust is the premier developer of e-workflow collaboration software. Companies are provided with Customer Application Management (CAM) solutions for processing Trade Credit, New Franchisee, Lon and lease transaction for lenders, and Tenant Screening for property manager. In addition, Credentrust offers a private label Commercial Finance Center (CFC) that gives their business customers seamless connectively to over 150 lenders nationwide. With Credentrust’s CAM and CFC product which can purchased together or separate the business customer of a company can have a seamless, streamlined access to credit and capital using a faster, more productive and cost effective process. Credentrust reduces paper, faxes and costly overnight shipping charges. Credentrust captures franchise applications, credit applications, loan and lease applications and tenant lease applications, then uses this same data to procure financing from over 150 lenders for business loans, equipment leasing and commercial real estate loans ranging from $500 to $50 million. Credentrust has a complete credit tool box of third party reporting firms for business and individuals: Moody's Risk Management Services credit scoring reports, Transunion, Equifax and others. Visit www.credentrust.com and www.ibank.com . For more information please contact Tom Markel at tmarkel@credentrust.com or 949-743-1839

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