Case Study: NEC Financial achieves exponential credit decision speed and consistent policy enforcement with Cortera eCredit

NEC Financial - Customer Case Study

NEC Financial engaged Cortera to modernize its credit-management systems after its legacy software became outdated and cumbersome. The company needed to streamline credit-decision and deal-request workflows to improve turnaround time, enforce consistent corporate credit policies across analysts, and eliminate a proliferation of complex scorecards.

Cortera implemented its eCredit web-based decision automation and analysis platform, integrating multiple business credit information sources and centralizing NEC’s credit policies for consistent, faster decisions. The change delivered an “exponential” reduction in decision turnaround time, lower bureau costs with improved coverage, and a clearer view of customer exposure across NEC’s business units.

NEC Financial

Tom Prendergast

Credit Manager