FOR IMMEDIATE RELEASE:
CONTACT:
Winston Aston
Transcredit, Inc.
Phone: 800-215-8448
Email: Winston@transcredit.com
Url: www.transcredit.com
Peggy Gordon
Bayside Business Solutions, Inc.
Phone: 205.972.8900, ext. 251
Email: pgordon@baysidebiz.com
Url: www.baysidebiz.com
TRANSCREDIT AND BAYSIDE BUSINESS SOLUTIONS ANNOUNCE PARTNERSHIP
Jacksonville, Florida and Birmingham, Alabama – December 16, 2011 – Transcredit and Bayside Business Solutions announced a partnership today that will allow Bayside to provide direct access to Transcredit’s transportation credit services from within Bayside’s CADENCE applications. The new capability, called Integrated Credit Monitoring, enables users to open a web dialog, initiate a credit request, and receive a credit report without ever leaving the system.
“It just makes sense to make the monitoring of client credit as easy as possible,” explains Jay McKinney, Bayside’s Senior V.P. of Operations. “We don’t think you should have to leave the system that runs your business to perform such an essential task.”
Winston Aston, TransCredit’s CEO describes the new CADENCE release as a “Factor’s dream come true.” “Where else can you get this much power from an AR program, scoring on every debtor, and “Alerts” on credit declines right at your fingertips?”
Integrated credit monitoring is just the beginning. Soon users will be able to set criteria within the system preferences so that—based on the credit score from the agency—the system can make automated credit approvals or redirect the request to a credit manager (along with the credit report) for further scrutiny. This will accelerate loan processing and allow staff to focus their efforts on exceptions.
ABOUT TRANSCREDIT
Transcredit is considered a pacesetter in transportation credit reporting and freight bill collections. Their exclusive Credit Score & Days-To-PayTM service is used to rate more than 93 million loads per year. Available on most load-posting services in the United States and Canada, their reports and credit scores are used by over 31,000 companies that have an interest in the transportation industry.
ABOUT BAYSIDE BUSINESS SOLUTIONS
Bayside Business Solutions is an industry-leading, innovative supplier of portfolio management software to the global commercial lending industry. Bayside has customers throughout North America as well as in Australia, the UK, Europe, and Latin America. Its operations are located in Birmingham, Alabama, and include worldwide support capabilities.