Software to pull credit reports
Commercial Credit Checker is a sophisticated solution that automates business workflow within Salesforce. This solution is developed by Cloud Maven, Inc., a certified Salesforce ISV Partner and winner of the 2021 Salesforce Partner Innovation Award.
Many lenders check business credit reports before making lending decisions, and they may also check them regularly throughout the loan’s life. Lenders can assess the financial risks associated with a loan by reviewing business credit reports. This data assists lenders in determining whether to approve a loan and, if so, what terms to offer. In addition to the information in a standard credit report, lenders seek an automated credit reporting tool that is secure, and simple to use.
Commercial Credit Checker enables lenders to obtain information on a company’s creditworthiness, payment history, and outstanding balances instantly. This enables to make more informed decisions about extending credit, offering a lease, or improving the terms received on your contracts. Using any Salesforce standard or custom object, they can obtain instant real-time business credit reports from Experian, Equifax, PayNet, and DataMerch. Lenders can assess a company’s creditworthiness without leaving Salesforce’s secure environment in real time. It combines critical risk information, such as bankruptcy, payment patterns, collection information, legal filings, and fraud, into a single report This can protect them from bad debt and unpaid invoices. Commercial Credit Checker gives lenders instant access to commercial credit reports on over 365 million businesses in 62 countries. Lenders can obtain multi-segment reports on a single page by using this platform. The IRS TIN/Name matching, EIN/Name lookup, and Death Master file are all validated by TIN check. The app assists lenders in automating decisions based on predefined rules, reducing costs and time while eliminating human error.
This Salesforce integration has been recognized as the best software to pull credit reports inside Salesforce. It is available on Salesforce AppExchange for a 30-day free trial. For more information about the app or to request a live demo, contact info@cloudmaveninc.com. follow LinkedIn and Twitter to know more.
