Collection Software Provider eCredit and Quote To Cash (Q2C) Announce Strategic Alliance

DEDHAM, MA – eCredit, the leading provider of Web-based credit and collections automation applications, today announced that it has entered into a strategic alliance with Quote To Cash (“Q2C”) Process Consulting, a business consultancy designed to help companies improve working capital management by focusing on all activities within the quote to cash cycle. Under the terms of the referral partner program, eCredit and Quote To Cash will be able to refer each other’s services to their respective customer bases, thus enhancing the overall service each is able to provide. With long heritages in corporate credit and collections, eCredit and Quote To Cash will collaborate to help companies better measure and manage process efficiencies across the financial value chain.

“As independent consultants to companies seeking solutions to streamline the management of the financial value chain, identifying and securing strategic relationships with high quality companies such as eCredit enhances the overall value proposition we are able to deliver to our customers,” said John LaRocca, a Q2C partner. “By presenting our clients with best in class solutions from companies like eCredit, we not only expose them to the best available technologies in credit and collections automation, but we help them build a competitive advantage as well.”

“Entering into this referral partner program with Quote To Cash Process Consulting is an important milestone for eCredit and our customer base,” said Jeff Dickerson, president of eCredit. “As experts in the accounts receivable management process with a proven record of delivering cash flow improvements, Q2C consultants can both enhance the levels of service provided to eCredit’s existing customers, and allow us to further supplement our sales pipeline with new prospects. Working together, we will enable our customers to increasingly shorten the cycle between revenue and cash.”

About Quote To Cash Process Consulting (Q2C)
Since 2002, Q2C’s founding partners Paul Beretz, Allen Silberman, John LaRocca and Robert Shultz have been delivering quality solutions that improve companies and financial institutions cash flow, operational efficiency, customer retention and satisfaction. Each Q2C practitioner brings over 25 years of global financial and credit process management experience in a variety of industries. As “senior credit experts” Q2C tackles credit, collections and accounts receivable performance issues from the eyes of an experienced practitioner. They review processes, procedures, reporting, deduction management and organizational alignment. Q2C helps evaluate alternatives in selecting state of the art system solutions. They are expert witness consultants in bankruptcy preference lawsuits. For additional information visit Q2C on the web at www.quotetocash.biz.

About eCredit.com
Since 1993, eCredit.com has delivered credit risk management and collections software and services to Fortune 1000 companies and financial institutions. The Company improves credit and collections decision-making practices to deliver process efficiencies, optimized risk management, reduced operating costs, and increased revenues. Included among the Company’s customers are ChevronTexaco, Cisco, CIT Group, Sun Microsystems, and Ryder System, Inc. Headquartered in Dedham, Massachusetts, eCredit is an Internet Capital Group partner company with additional venture backing from Apex Venture Partners and Sterling Venture Partners. For additional information, visit eCredit on the Web at www.ecredit.com.