eCredit

eCredit, a service offered by Moody's, provides a comprehensive, web-based software solution for managing business-to-business trade credit and collections. The platform is designed for organizations of all sizes across various industries, aiming to optimize commercial credit risk and accounts receivable performance. Its clientele includes major brands such as Chevron, Cargill, Sony, and Oracle.

The core of eCredit's offering is its Process Automation Engine (PAE), a rules-based technology that automates a company's unique credit policies. This allows for real-time, automated credit decisions by gathering a customer's information at the point of origination and processing it against the client's specific scorecard. The platform combines modules for credit processing, risk assessment, and collections management into a single application. Key features include workflow automation, customized credit scoring, portfolio monitoring, and seamless integration with back-office systems and global data providers.

For credit management, the software facilitates real-time risk scoring and credit line assignments, alongside in-depth analysis tools for more complex decisions. It centralizes all customer data, such as credit reports and financial statements, into a single electronic repository for easy access and analysis. The collections module is designed to accelerate the order-to-cash cycle by automating manual tasks. It enables users to create customized collection strategies that can be automatically assigned to invoices based on criteria like customer risk scores or invoice amounts, thereby prioritizing a collector's workload.

Keywords: trade credit management, collections automation, credit risk software, B2B credit solutions, accounts receivable automation, order-to-cash cycle, credit scoring automation, portfolio risk management, automated credit decisions, collections strategies, financial workflow solutions