|Account monitoring service|
New account monitoring service includes the industry’s most comprehensive set of triggers.
Experian Launches Business Credit Monitoring System
Costa Mesa, Calif., May 19, 2008 — Experian®, a global information services company, today announced the launch of Account Monitoring ServiceSM, its comprehensive business credit monitoring system that provides relevant and actionable alerts, enabling clients to minimize risk and maximize customer relationships. The new system includes the industry’s widest range of credit-based alerts to inform clients of significant positive and negative events in their customers’ credit profiles, allowing them to avoid risk or signal up-sell or cross-sell opportunities.
Experian’s Account Monitoring Service is available to clients in three convenient delivery methods, including batch, Web service or through its new software interface, Portfolio Alert AdvisorSM. The new software provides enhanced filtering capabilities to view and process alerts in a prioritized list that can be expanded to provide specific details about each event or change. Portfolio Alert Advisor also improves the account management process by providing a multiuser, workflow-driven environment that helps reduce labor costs and time spent managing individual accounts.
“Establishing a proven portfolio management system is an important practice that every company should embrace,” said Dan Meder, vice president of Experian’s Business Information Services. “By utilizing our Account Monitoring Service, clients can allocate critical resources more efficiently, improve cash flow and develop stronger customer relationships. It also can help them stay competitive in tough economic times by helping to reduce delinquency and improve collections efforts.”
Some of the enhanced triggers include:
• Score changes
• Payment behavior changes
• Public record filings, including bankruptcy, liens and judgments
• Collection filings
• Changes in key payment ratios
• Delinquent accounts
For more information about Account Monitoring Service, Portfolio Alert Advisor or Experian’s other advanced business-to-business services, please visit www.experian.com/b2b or call an Experian sales representative at 1 800 509 5493.
Experian is a global leader in providing information, analytical and marketing services to organizations and consumers to help manage the risk and reward of commercial and financial decisions. Combining its unique information tools and deep understanding of individuals, markets and economies, Experian partners with organizations around the world to establish and strengthen customer relationships and provide their businesses with competitive advantage. For consumers, Experian delivers critical information that enables them to make financial and purchasing decisions with greater control and confidence. Clients include organizations from financial services, retail and catalog, telecommunications, utilities, media, insurance, automotive, leisure, e-commerce, manufacturing, property and government sectors.
Experian Group Limited is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. It has corporate headquarters in Dublin, Ireland, and operational headquarters in Costa Mesa, Calif., and Nottingham, UK. Experian employs approximately 15,500 people in 36 countries worldwide, supporting clients in more than 65 countries. Annual sales are in excess of $3.8 billion.
For more information, visit the Group’s Web site on www.experiangroup.com.
Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein may be the trademarks of their respective owners.
Experian Public Relations
1 (714) 830-5578
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