PayStream Advisors Names eCredit as Market Leader for Credit Management Software

DEDHAM, MA – eCredit, a leading provider of online solutions for credit and collections professionals, announced today that technology research firm PayStream Advisors has ranked eCredit as the leading provider of credit facilitation software in its recent report “Receivables and Collections Management (RCM): A Buyer’s Guide to Collection Automation Solutions“.

“When one considers the importance of accounts receivable on a company’s balance sheet, finding and implementing a trusted RCM software partner is of great significance,” said Henry Ijams, Managing Director and Founder of PayStream Advisors. “eCredit should be proud to recognized as the only solution to receive an ‘Advanced’ rating for its credit facilitation capabilities.”

eCredit received this highest score designation from PayStream Advisors after the rigorous evaluation of seven providers of Receivables and Collections Management (RCM) solutions, including eCredit, 9ci, Aceva, Cforia, GetPaid, Imany and Oracle. PayStream assessed each vendor on the strength of its product offering, its delivery method, market traction and its long-term RCM vision, and eCredit ranked as the leading provider of credit facilitation functionality. PayStream cited the following key differentiators for eCredit over the competitive solutions evaluated:

• Best-in-class credit risk management, process automation and scoring solution
• Proven, out-of-the-box access integration to all major domestic and international data bureaus covering over 100 countries
• Forefront of on-demand, software-as-a-service computing for the credit & collections industry
• Overall market presence and leadership in credit scoring across a number of industry segments

“We are honored that PayStream Advisors has designated eCredit as the best-of-breed credit management solution for trade creditors. Over the past several years, we have helped our customers reach their goals with respect to managing risk, lowering bad debt and DSO and centralizing credit and collections operations,” said Jeff Dickerson, eCredit President and CEO. “PayStream’s conclusions validate the work we have done with our customers and further demonstrate eCredit’s leadership in the RCM market.”