New Arena for Business Credit Reference: Credit Reference Inquiry Begins to Take Shape on the Web

Free business credit reference inquiry service by CreditReferenceOnline expected to eliminate transaction costs associated with traditional methods of phone and fax credit reference processing.

Wayne, NJ (PRWEB) October 18, 2006 -- CreditZar Inc. providers of enterprise credit risk management software solutions for the commercial credit industry today announced CreditReferenceOnline the premier global electronic exchange for business credit references.

CreditReferenceOnline (http://www.creditreferenceonline.com) is committed exclusively to the business credit grantor as its prime customer. CreditReferenceOnline works because it is secure, easy to use and allows credit grantors to quickly exchange unlimited credit references online.

CreditReferenceOnline not only enables business credit grantors to eliminate transaction costs associated with traditional methods (phone and faxes) of credit reference processing but also allows them to evaluate a customer's credit risk based on the recent and prior credit references using CreditReferenceOnline Analytics engine. You will gain speed with credit decisions by quickly learning the risk profile of your customers. Even established business credit grantors will discover fresh insights they never knew they had.

At CreditReferenceOnline, we ensure that transactions are kept transparent between parties while maintaining the confidentiality of creditors and customers information in a highly secured manner. Electronic Forms used at CreditReferenceOnline have been designed based on Principles for the Exchange of Commercial Credit Information, espoused by both National Association of Credit Management and The Risk Management Association.

Business credit grantors can securely, easily and quickly exchange credit references online and use other features, free of charge.

About CreditZar, Inc http://www.creditzar.com

CreditZar Inc. (CZ) provides enterprise credit risk management software solutions for the commercial credit industry. With CreditZar solutions, companies can quickly accelerate their productivity in managing credit risk, lower their credit risk exposure and ultimately improve their working capital health. Unlike other solution providers, CreditZar provides a one-stop comprehensive solution by aggregating what competitors offer in piece meal under a single but superior solutions platform.

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