Quadient Launches Advanced Credit Module to Help Businesses Grow Revenue with Integrated Credit Risk Management

  • the Advanced VSrepeat module improved quadientit is accounts receivable automation solution, Yay Pay, with instant credit application, decision and scoring

  • New module allow companies to effectively manage credit risk and accelerate sales using external credit data access

Paris, January 25, 2022

quadient (Euronext Paris: QDT), a leader in helping companies create meaningful connections with their customers through digital and physical channels, today announced the launch of a Advanced Credit Module for its suite of cloud-based Intelligent Communications Automation (ICA) solutions. Quadient’s ICA Suite uniquely brings together Accounts Receivable (AR), Accounts Payable (AP), Customer Communications Management (CCM), Document Management and Customer Journey Mapping automation. Through his Yay Pay AR automation solution, Quadient is the only vendor that offers the full range of features, from customer acquisition to customer relationship capabilities.

“In 2022, credit management is a critical axis for all companies”, said Kevin Permenter, research director, financial applications, for IDC, a global market intelligence and consulting services company. “For maximum impact, businesses need easy-to-use, highly automated solutions to determine the correlation between credit decisions and revenue growth. YayPay’s Advanced Credit Module seeks to solve these problems by relying on a combination of friendliness, responsiveness and collaborative capabilities. quadient seeks to help companies reduce friction between teams and reduce exposure to risk, allowing these teams to act faster and smarter to accelerate cash flow in a controlled and repeatable way. »

As part of Quadient’s accounts receivable solution, Yaypay, the Advanced Credit module provides real-time credit data to enable users to grow their business smarter by accelerating sales while mitigating risk. It also gives instant access to customer credit information at any time, pulling data from external sources that combines with payer behavior data held in YayPay’s system. It brings together real-time credit scoring, personalized credit score cards, instant credit decisions, and flexible credit limits and approvals. All data is presented instantly on customizable dashboards for each client.

It is difficult to achieve best business practices without watertight credit management strategy, and having a one-size-fits-all approach means companies are missing out on critical revenue opportunities,” said Chris Hartigan, Director of Solutions, ICA, Quadient. “Using real-time credit data from external sources compiled on a easy to use dashboard, YayPay’s The Advanced Credit module enables AR teams to speed up client application, onboarding and management, ultimately delivering a more efficient and streamlined process.

YayPay’s Advanced Credit Module helps AR teams accurately predict payer behavior, streamline new customer onboarding, prevent unintended or unnoticed revenue loss, and ultimately perform better business planning. Teams can adjust credit limits based on risk management strategies and upcoming business objectives, addressing industry issues such as lack of information about customer payment behavior and recourse to external sites for credit checks.

On quadient®

Quadient is the engine of the most meaningful customer experiences in the world. By focusing on three key solution areas, intelligent communication automation, parcel locker solutions and mail-related solutions, Quadient helps simplify the connection between people and what matters. Quadient supports hundreds of thousands of customers worldwide in their quest to create relevant, personalized relationships and achieve customer experience excellence. Quadient is listed on compartment B of Euronext Paris (QDT) and is part of the CAC® Mid & Small and EnterNext® Tech 40 indices.

For more information about Quadient, visit www.quadient.com.

Contacts

Jo School, quadient

Freddie Barber, Maitland/OMA

World Press Relations Manager

Director of Media and Communications

+1 203-301-3673

+44 (0) 207 379 5151

j.scolaro@quadient.com

fbarber@maitland.co.uk

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