DEDHAM, MA – eCredit, a leading provider of online software for credit and collections professionals, announced today that LG Electronics USA, Inc., (LGEUS) has selected eCredit Enterprise Edition to help manage its credit operations. eCredit Enterprise Edition will replace an internally developed, spreadsheet-based manual system. Among other benefits to LGEUS, eCredit will allow credit professionals to perform in-depth analysis on new accounts as well as LG’s existing customer base.
ID Kim, credit director, LGEUS, said, “We expect eCredit to help LGEUS standardize and expedite our decision-making of issuing credit lines. Plus, eCredit’s automated credit scoring will help us better assess our accounts’ ability to pay and this increased visibility will help reduce our overall risk.”
Chosen over other credit management solutions, eCredit’s rapid delivery model and scalability were key decision factors for LGEUS, Kim said. Initially, the solution will be implemented in the centralized credit department, and with eCredit-on-demand deployment capabilities, LGEUS can quickly add more users or additional functionality as required. “Combined with a strong track record in the electronics industry, eCredit offers the kind of flexibility that a fast- growing company like LGEUS needs,” he said.
“LGEUS is the latest electronics giant to select eCredit, helping to further solidify our position in this industry,” said Jeff Dickerson, eCredit President and CEO. “We are thrilled that LGEUS, like so many of its competitors, has chosen eCredit and we look forward to helping them streamline their processes and lower their overall risk.”
