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.
Before approving a loan and determining what terms to offer, many lenders must evaluate a company's creditworthiness, payment history, and outstanding balances. This information is typically obtained from business credit reports, which are reviewed on a regular basis during the loan's life. However, obtaining and reviewing these reports can be time-consuming and complicated, necessitating the development of a secure and user-friendly automated credit reporting tool.
Commercial Credit Checker is the proposed solution, an app that allows lenders to obtain instant real-time business credit reports from Experian, Equifax, PayNet, and DataMerch using any Salesforce standard or custom object. This app makes obtaining and reviewing credit reports easier, allowing lenders to make more informed decisions about extending credit, offering a lease, or improving contract terms.
Commercial Credit Checker compiles critical risk information into a single report, including bankruptcy, payment patterns, collection information, legal filings, and fraud. This data can help lenders avoid bad debt and unpaid invoices. The app provides lenders with instant access to commercial credit reports on over 365 million businesses in 62 countries, as well as multi-segment reports on a single page. Furthermore, by TIN check, Commercial Credit Checker validates the IRS TIN/Name matching, EIN/Name lookup, and Death Master file, reducing the possibility of human error. The app also helps lenders automate decisions based on predefined rules, which saves money and time.
Finally, Commercial Credit Checker offers lenders a comprehensive and efficient solution for obtaining and reviewing business credit reports, allowing them to make informed decisions and protect themselves from financial risks associated with lending.
The Salesforce integration, renowned for its ability to extract credit reports within Salesforce, has been crowned as the top-notch software in its category. Interested users can access the software on the Salesforce AppExchange platform and enjoy a 30-day free trial. For further details about the application or to request a live demonstration, please feel free to contact us at info@cloudmaveninc.com. You can also follow the company on LinkedIn and Twitter to stay updated with the latest news and developments.
