GETPAID Corporation Announces Expansion of Product Suite for Credit Operations

Parsippany, NJ – The GETPAID® Corporation, the leading supplier of software and associated services for cash flow management, today announced the expansion of the GETPAID product suite to include integrated solutions for risk management, credit policy review and rules based cash application.

“The GETPAID solution allows you to establish and embed policy and best practices to drive workflow, automate processes and ensure compliance,” explains Dianna Piumelli, CEO of The GETPAID Corporation. “We have expanded this to include support for risk management, credit policy review, credit scoring, portfolio management and cash application, leveraging your existing data to employ a holistic approach to managing the credit operation.”

The GETPAID Enterprise product suite is a fully integrated solution designed for medium to large organizations that require comprehensive support of the credit and finance function; beginning with customer risk assessment continuing to collections, dispute management and cash application. “Using a cohesive approach with centralized data and policy management, you can greatly impact cash flow, reduce bad debt expense, and decrease operational costs,” states Piumelli. “With a complete, consolidated view of corporate performance and timely, accurate financial information you can improve the accuracy of cash projections and proactively manage your account portfolio to maximize your investment of time, capital, and resources.”

Automated Credit Policy Review Ensures Compliance
An ongoing credit risk management and account review process is an essential element in effective cash flow management. By centralizing your data collection for credit and financial data, and placing all accounts on an automated review schedule, with built-in alerts around key performance indicators, you can minimize risk and maximize collection effectiveness by incorporating this data in the collections process.

Generating Value from Your Customer Data
The GETPAID cash application product, GETApplied, offers the ability to develop policies to drive automation and establish work queues based on a configurable rules engine and your existing data. With GETApplied, you can establish and document policy around the cash application process incorporating data gathered during collections and dispute management to determine how payments are applied. The result is improved productivity and accuracy of your hit rate.

About The GETPAID Corporation
The GETPAID Corporation offers leadership, experience and results in cash flow management. The GETPAID suite of products allows you to establish, document, and embed policy to automate processes and drive workflow within the credit and finance function, resulting in increased cash flow, less bad debt expense and lower operating costs.

The GETPAID Professional Services team is comprised of credit industry experts who bring with them the collective experience and best practices of over 600 implementations in over 35 countries. Delivering implementation, training and on-going support optimization services to the more than 18,000 global users in a wide array of companies, industries and environments. GETPAID is based in New Jersey, USA, with offices worldwide. For more information, contact GETPAID at 1-973-463-1500 or visit www.getpaid.com.