Credit & Management Systems Teams with Rundts for Mitigating Country Risk

Credit & Management Systems, Inc. (CMS), a leading provider of credit and collection software and ASP solutions for business-to-business relationships, and S. J. Rundt & Associates, Inc. (Rundts), a leading provider of country risk analysis, have entered into a strategic alliance for the purpose of integrating Rundts Country Rating directly into CMSs system offerings, principally the Corporate Credit Manager system. This alliance enhances CMSs credit scoring capabilities by automatically incorporating country risk for short-term trade credit into CMS scoring models, enabling CMS clients to better manage their worldwide accounts.

LAKE BLUFF, IL (PRWEB) August 16, 2005 -- Credit & Management Systems, Inc. (CMS), a leading provider of credit and collection software and ASP solutions for business-to-business relationships, and S. J. Rundt & Associates, Inc. (Rundts), a leading provider of country risk analysis, have entered into a strategic alliance for the purpose of integrating Rundts Country Rating directly into CMSs system offerings, principally the Corporate Credit Manager system. This alliance enhances CMSs credit scoring capabilities by automatically incorporating country risk for short-term trade credit into CMS scoring models, enabling CMS clients to better manage their worldwide accounts.

Managing international trade and credit profitably today requires more alertness and more timely and reliable information than ever before. This partnership with CMS enables us to address credit managers needs to quickly and intelligently manage global credit where our country risk can be incorporated seamlessly in credit management and decision support tools," said Hans Belcsak, President of S.J Rundt & Associates, Inc. We will provide the Financial Executive's Country Risk Alert integrated with CMS. The Alert is published three times annually, with intermittent updates. The ratings are numerical along with recent change indications and short term outlook."

This alliance with Rundts continues our partnership drive with third party data providers and other scoring methodologies to complement our software offerings. As companies grow their worldwide sales, country risk becomes a more critical element in the credit decision process, leading to higher profits, competitive advantages, and safer investments around the world" said John Sargent, President and CEO of Credit & Management Systems, Inc. Incorporating country risk into CMSs automated scoring systems, particularly from a highly respected firm such as Rundts, makes decisions on global accounts more consistent and reliable."

This alliance is effective immediately and available to new and existing clients of both Credit & Management Systems, Inc. and S.J. Rundts Associates, Inc..

About S.J. Rundts & Associates, Inc
S. J. Rundt & Associates, Inc. is a 53-year old consulting and publishing firm dedicated to helping multinational companies, exporters, importers, banks and investors assess risks and opportunities in their international strategies and transactions. Rundt's provide an essential source of information, independent judgment and forecasts on global developments in trade & finance, economic and political trends, and government regulations. Many have come to rely on their impartial analysis and unbiased projection as an indispensable early-warning system for decisions. Rundts reviews cover 185 countries. Rundts draws on a global network of knowledgeable observers and insiders with whom they have cooperated closely for many years. Country risk analysis is Rundts only business.

About Credit & Management Systems, Inc.
Credit & Management Systems, Inc., headquartered in Lake Bluff, IL, USA, is a leading developer of comprehensive system solutions for corporate and commercial credit management as well as collections. CMSs highly acclaimed Corporate Credit Manager (CCM) software system is the most powerful and widely used commercial credit scoring, financial analysis, risk management, and decision support system available. CCM has come to be known as the accepted acronym for credit management software. CMS has over 1500 users, including more than 90 global firms having sales in excess of $1 billion.

For further information, visit www.icmsglobal.com, call 847-735-9700 or e-mail sales@icmsglobal.com.

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