SOURCE: eCredit

October 30, 2006 08:30 ET

Triumph Leasing Selects eCredit to Manage Credit and Collections Operations

Leading Regional Equipment Leasing Company Latest to Choose eCredit for Automating A/R Management Processes

DEDHAM, MA and LITTLETON, MA -- (MARKET WIRE) -- October 30, 2006 -- eCredit, the leading provider of online solutions for credit and collections professionals, today announced that Triumph Leasing Corporation has selected eCredit's Professional Edition to manage both its credit and collections operations. eCredit will replace a manual system and will help Triumph, a premier provider of permanent and temporary space solutions, better prioritize collections tasks and check the credit worthiness of customers.

eCredit offers Triumph Leasing a number of key advantages allowing for smooth and efficient credit check processing and collections management. Most notably, Triumph Leasing will leverage eCredit's automated collections work queue to prioritize tasks and make the most of their time in the office. In addition, eCredit will provide Triumph with the ability to pull credit data from multiple sources and better assess a customer's risk before a sale happens.

"We anticipate significant benefits from the eCredit solution," said Bob Tetrault, Credit Manager, Triumph Leasing Corporation. "Through the use of the eCredit's automated work queue, our team will be focused on tasks designed to produce the greatest portfolio protection and efficient receivables collection possible. In addition, the credit piece will allow us to manage our approval process more efficiently and more effectively."

"eCredit counts some of the leading equipment leasing companies in the country among its customers," said Jeff Dickerson, eCredit President and CEO. "We are pleased that Triumph Leasing has joined them in selecting eCredit and we are confident that we will deliver them the same outstanding results industry peers have come to expect."

About Triumph Leasing Corporation

Triumph Leasing Corp., based in Littleton, MA, is one of the region's fastest growing providers of temporary modular structures and permanent modular buildings. The company provides temporary and permanent storage and space solutions for schools, hospitals, manufacturers, businesses and municipalities throughout New England, and also has a large over-the-road trailer fleet. For more information, please visit www.triumphleasing.com.

About eCredit

eCredit is the leading provider of online solutions for credit and collections professionals. Its award-winning on-demand software supports the mission critical processes of granting credit, monitoring portfolio risk, and collecting accounts receivables. eCredit also offers a comprehensive industry specific credit reporting and scoring solution that includes tens of millions of trade experiences on millions of companies, developed as a result of 14 years of credit management leadership. With deep roots in the credit and collections community, eCredit has continually demonstrated results by helping companies reduce bad debt and DSO while improving productivity and lowering costs. eCredit is a private company headquartered in Dedham, Massachusetts. Major clients include AB Electrolux, American Airlines, Chevron, Cisco, Ferguson, Cargill, NEC Financial, Graybar, CDW, Sun Microsystems, and Ryder System. For more information, please visit www.ecredit.com.

eCredit.com and the eCredit.com logo are registered trademarks.

Contact Information

  • Press Contact:
    Kate Anderson
    eCredit.com
    (781) 752-1250
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