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Creditsafe’s New Debt Collection Service

Creditsafe’s New Debt Collection Service

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Helping Businesses Increase their Likelihood of Getting Paid

ALLENTOWN, Pa. (March 2, 2015) – Creditsafe – the world’s most-used supplier of online company credit reports – announced that it has partnered with OTC Business Process Outsourcing provider, iQor, to add commercial debt collection to its solutions suite.

Creditsafe – the world’s most-used supplier of online company credit reports – announced that it has partnered with OTC Business Process Outsourcing provider, iQor, to add commercial debt collection to its solutions suite.

The service is designed to help businesses identify and collect on outstanding invoices, resolve problem debts, and accelerate cash flow to improve financial performance. With the new service, customers can simply log into their Creditsafe account to search for companies that owe them money, and then quickly place those debts into collection and begin the process to collect on an outstanding invoice, all in one place.

“The faster that businesses can act on problem debts, the better they’ll improve their chances of getting paid,” said Matthew Debbage, president of Creditsafe’s U.S. operations. “This service makes debt collection that much easier and efficient for our customers.”

“The payment of accounts receivable is the single most important source of cash flow for most businesses,” said Karl Nicosia, SVP and General Manager of iQor’s Commercial Services. ”Past due invoices are not only a distraction, they can have a huge impact on the balance sheet. Creditsafe’s new debt collection portal allows businesses to easily initiate a compliant and effective debt collection process in a matter of minutes.”

About Creditsafe

Founded in Norway in 1997, Creditsafe, Inc. is the most-used supplier of company credit reports in the world. It maintains the largest single owned and integrated database of business credit information gathered from 129 countries. Since its inception, the company has delivered more than 50 million company credit reports to customers worldwide.

With more than 5,000 customers, nationwide, Creditsafe is rapidly expanding its footprint into the U.S. by offering an easy-to-use, high-quality and cost-effective alternative to Dun & Bradstreet and other major credit reporting providers. Its U.S. operations are headquartered in Allentown, Pa. For more information, visit www.creditsafe.com.

About iQor

iQor’s Commercial Services, formerly Receivable Management Services (RMS), is a recognized industry leader in OTC Business Process Outsourcing, including first-party receivables management, invoicing, cash application, and credit card chargeback processing, as well as receivable recovery through third-party and attorney collections, and bankruptcy services.

iQor has been turning cash into cash flow for some of the globe’s most prominent commercial businesses for more than 150 years. For more information, visit http://www.iqor.com/.


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