SOURCE: eCredit

August 14, 2007 09:30 ET

D&H Distributing to Manage Customer Credit Applications With eCredit

Leading Computer and Consumer Electronics Distributor Chooses eCredit After Rigorous Evaluation Process

DEDHAM, MA--(Marketwire - August 14, 2007) - eCredit, a leading provider of business information solutions for credit and collections professionals, today announced that D&H Distributing Company has selected eCredit to automate the scoring processes for new and existing customers. Replacing a competitive solution, eCredit will speed credit approvals and accelerate the sales cycle, and eCredit's portfolio management capabilities will enable better credit risk management.

D&H Distributing, one of America's oldest and largest wholesale distributors of computer and consumer electronics products, has long been an industry leader in credit management. "As a company that has been ahead of the curve in terms of measuring and managing customer credit risk, D&H needed a progressive credit risk management and business information solution," said Joseph Chaudoin, Director, Credit and Financial Services, D&H Distributing Co. "eCredit was precisely what we were seeking."

eCredit will enable D&H commercial customers to request credit lines directly from the D&H website. Leveraging eCredit's integrations with multiple credit bureaus, including eCredit's own proprietary database, D&H will be able to provide near-instant credit decisions to its customers. "The quick turnaround enabled by eCredit will help us accelerate the sales cycle and ultimately increase the level of service we provide to our customers," continued Chaudoin.

"Counting a leading distributor like D&H among our customers demonstrates the innovativeness of our credit software and reporting solutions," said Jim Swift, eCredit President and CEO. "We look forward to enabling more businesses like D&H to leverage our technology and information to make better decisions."

About eCredit

eCredit™ is a leading provider of business information solutions for credit and collections professionals. Its market-leading credit scoring and collections automation support the critical processes of granting credit, monitoring portfolio risk, and collecting accounts receivable. eCredit also offers industry-specific credit reports, multi-bureau scores, and portfolio analysis tools that empower companies to make more informed decisions. eCredit is the choice of organizations of all sizes across all industries for optimizing commercial credit risk. eCredit is a privately held company with a who's who roster of clients including AB Electrolux, Chevron, Cisco, Continental Airlines, Ferguson, LG Electronics, Cargill, NEC Financial, Sun Microsystems, and Ryder System. For more information, please visit www.ecredit.com.

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