“When making a tough credit decision, the human insight adds a tremendous amount of value to our client’s credit decision process” says Dave Gibson, PG’s Chief Operating Officer.
(PRWEB) June 01, 2017
ProfitGuard (PG), the leading provider of business credit information to the metals industry is excited to unveil its redesigned platform that will revolutionize the way suppliers make credit decisions and consume information. PG has partnered with Credit2B, the leading cloud data and technology provider to the trade credit community, to provide this unique solution.
Leveraging the latest technology, PG’s exclusive credit network of trade payment contributors in the metals industry will be empowered with state of the art credit risk management tools and information along with enhanced risk monitoring of their accounts. “The best credit decisions are made with objective information reviewed by an experienced eye. Our new platform will harness the power of these items into one integrated system, making credit decisions more effective than ever” says Jason Dworin, Director of PG.
PG’s credit management platform powered by Credit2B truly provides a start to finish credit risk solution, including deep peer-to-peer trade experiences in the metals industry, PG’s financial distress score for the metals industry, analyst reviews and risk monitoring alerts and dashboards. ProfitGuard’s experienced analyst team remains its competitive advantage and will now be more accessible through the user platform and be able to deliver more timely information. “When making a tough credit decision, the human insight adds a tremendous amount of value to our client’s credit decision process” says Dave Gibson, PG’s Chief Operating Officer.
ProfitGuard partnered with Credit2B to support the new backend user experience for PG clients, including the easy upload of trade payment intelligence and integrating third party data with in-depth business background information from Credit2B’s massive database of millions of companies. Shyarsh Desai, CEO of Credit2B emphasized the value of the partnership by saying “both organizations have a common vision. While the majority of Credit2B clients are corporates, the Credit2B platform can be quickly deployed to add value to any industry credit organization that believes that they can do better for their members through increased engagement, with a state of-the-art cloud solution that eliminates the burden of managing in-house technology.”
The new system allows PG to combine its proprietary credit data from multiple resources, credit ratings, financial information, and intelligence from the PG Credit Network and deliver it in a faster, more user friendly format. “PG’s new exclusively branded credit network is much like a traditional credit group except it’s always at your fingertips, more global and easy to expand by adding more trade supplier participants from the metals industry” says Craig Bonnell, PG’s President. Credit2B’s technology will also allow PG to connect thousands of leading credit professionals with a common interest in accessing better credit insights about their common customers in a supplier community based environment. Bonnell described Credit2B’s reputation as the industry innovator in using technology to bring together human insight and deep trading data, as key reasons why ProfitGuard selected Credit2B.
About ProfitGuard: ProfitGuard (PG) is the only credit reporting service exclusive to the metals sector, offering credit reporting, risk monitoring, and credit limit recommendations unmatched by generic credit reporting services. You can contact PG at 866-990-1099 or visit their web site at http://www.eprofitguard.com.
About Credit2B: Using patent-pending technology, Credit2B is a platform that empowers credit granting organizations to seamlessly exchange trade credit data and share experiences on common customers globally. Built as a scalable, secure cloud-based application, Credit2B today delivers remarkably high quality and timely credit information, including fully-integrating detailed public filing, third party data and online credit applications into its comprehensive business profiles. You can learn more about us at http://www.credit2b.com.