Best software to pull credit reports: Commercial Credit Checker
Commercial Credit Checker is an advanced credit reporting solution that automates business workflow by connecting lenders with significant credit reporting agencies to perform lending decisions inside Salesforce. Cloud Maven, Inc., a certified Salesforce ISV Partner, the 2021 Salesforce Partner Innovation Award winner, has developed this solution. In addition, the organization offers various products, advisory, and Salesforce consulting services to assist businesses in meeting their objectives. Credit grantors require business credit reports to make sound credit decisions. Business credit reports can provide a creditor with a comprehensive view of a company’s credit history, allowing the creditor to make better decisions about extending credit and to what extent.
To make a decision, they must consider a large amount of information, including ITR and financial results for the previous two to three years, personal financial information of partners, directors, and authorities, and the business owner’s personal credit history. To obtain these reports, one must rely on credit bureaus, and there are numerous credit bureaus with different credit information. That creates confusion for these creditors in making a precise lending decision. They often want to verify comprehensive details as the loan amount is high. They must pay a hefty amount to multiple bureaus to pull different reports. This credit reporting solution provides dual/tri-merge reports that include all the required information.
Furthermore, this app combines credit, fraud, and compliance checks with company background data in a single report, allowing you to make quick business decisions. The tool also assists creditors in obtaining a multi-segment report.
You can quickly obtain a real-time business credit report from Experian, Equifax, PayNet, or DataMerch by using any Salesforce object. It caters to a wider audience in over 62 countries and has a database of millions of active businesses. It enables creditors to conduct effective credit risk analysis within Salesforce by providing critical risk data such as bankruptcies, payment habits, collection information, legal filings and fraud, Liens and Judgment, and OFAC reports. The DataMerch report gives significant information to creditors on client preferences and financial behavior. It has a customizable dashboard that allows them to track and comprehend the profiles. The dashboard contains all of the company’s information and assists in sorting the profiles according to the business’s preferences. The app also allows for TIN verification. TIN check allows creditors to validate IRS TIN/Name matching, EIN name lookup, and Death Master file. This solution is available for a free 30-day trial on Salesforce AppExchange. Contact info@cloudmaveninc.com for any queries, and follow on LinkedIn, Twitter, and YouTube for further information.
