anscersX Commercial Credit Report Adds Ansonia, International Data to Multibureau Report

CMA’s anscersX report now offers up to four domestic credit bureaus, Dun & Bradstreet, Equifax, Experian, Ansonia Credit Data, and a comprehensive International report spanning 18 countries on demand. No contracts or minimum purchases required.

CMA’s anscersX report now offers up to four domestic credit bureaus, Dun & Bradstreet, Equifax, Experian, Ansonia Credit Data, and a comprehensive International report spanning 18 countries on demand. No contracts or minimum purchases required.

September 18, 2018 – Las Vegas, NV – In response to requests for easier access to information and a growing preference for transactional reports over credit reporting contracts, Credit Management Association™ (CMA), in partnership with Trade Information Exchange (TIE), has enhanced the anscersX combined Commercial Credit Report. The report will now include otherwise difficult-to-obtain results from small- to medium-sized businesses from Ansonia Credit Data, complementing data from the big three bureaus. An additional international report option is also now available, with data from 18 countries.

“Since it was launched in 2012, the anscersX Credit Report has been among the most popular of CMA’s member benefits. Many of our members, which are small to medium-sized companies, have told us that they prefer to pull reports on a transactional basis without having to sign a long-term contract. Larger companies, with contracts with one of the bureaus offered, can take advantage of the on-demand access to one or more of the other bureaus (if extra due diligence is warranted),” said CMA President and CEO Kim Lamberty, CAE. “This adds to the overall array of benefits that CMA offers its members and transactional customers by allowing them to select the specific bureaus they need on a case by case basis. Prices for the reports can fit any budget.”

Combining data from D&B, Equifax, Experian, CMA and Ansonia Credit Data is a unique approach developed by TIE. “The main advantage of the anscersX Report is that it combines data from up to four major providers giving them a more complete picture of their customers on one report. We put a lot of effort into combining the data from multiple data sources in an easily understandable way. The anscersX reports provide the data and scores needed for most credit decisions,” offers Robert Shultz, the TIE Managing Partner.

The new international anscersX report spans companies in 18 countries, including detailed company information, complete financial statements, key ratios, credit score and contact information for companies: United Kingdom, Belgium, Denmark, France, Germany, Ireland, Italy, Luxemburg, Netherlands, Norway, Sweden, Cambodia, Malaysia, Myanmar, Thailand, Vietnam, Mexico, and Afghanistan. Since the report is web based, companies with offices throughout the world can access anscersX as well.

The anscersX Report is helping credit departments with limited time and resources gather credit information quickly. “It is worth it to get an answer in minutes as opposed to calling all the trade references on a credit application,” says anscersX user Mary Donaldson, Office Manager, Worthen Equipment Inc.

Judy Bennett, Credit Manager, Brown-Strauss Steel,also likes the ease of use, “I have pulled several anscersX Reports and have been pretty happy with the results. We will continue to order anscersX Reports.”

“CMA members and customers tell us that maintaining multiple contracts with providers can be time consuming and expensive. We needed to make access to information easier and less expensive by offering a one-click combined report,” shares Lamberty. “anscersX Combined Business Credit Report attempts to solve that issue.”

anscersX is one in a variety of credit reporting and other solutions that are aimed at making a credit professional’s job easier. For more information about CMA or its services, visit www.CreditManagementAssociation.org or call 818-972-5300.

The domestic anscersX Combined Business Credit Report is available on a transactional basis, online, by registering on CMA’s services site anscers.com. Pricing ranges from $12.95 to $97 or depending on the data sources you choose. All international reports are priced at a flat rate of $40 per report. There are no contracts, no minimums, no hassles and instant access.

CMA’s anscersX report now offers up to four domestic credit bureaus, Dun & Bradstreet, Equifax, Experian, Ansonia Credit Data, and a comprehensive International report spanning 18 countries on demand. No contracts or minimum purchases required.

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About Credit Management Association™ : Credit Management Association (CMA) is a non-profit association that has served business to-business companies since 1883. CMA helps credit, collection, and financial decision-makers get the information and support they need to make fast, accurate credit decisions. In addition, CMA assists insolvent companies with workouts or liquidation through cost effective alternatives to bankruptcy.

Contact: Alan Dicker – adicker@emailcma.org – 818-972-5344; www.CreditManagementAssociation.org
or www.anscers.com

About Trade Information Exchange (TIE): TIE provides the technology to gain instant access on demand to trade credit report products and services for the manufacturing, distributing, and construction industries. With TIE, the promise is faster, less expensive, more accurate, industry-specific credit information on companies. The company has years of industry-specific experience and a small-company attitude toward customer service.
Contact: Robert Shultz – 805-520-7880

How to Find Credit Information About Your Customers by Using the CMA Credit Report, by Kim Lamberty, CAE

It’s hard to believe that 2018 is nearly half over. Time passes way too quickly!
At CMA, this has been one of the busiest years I’ve seen, as we are continuing to work on exciting new initiatives that will help your company’s credit and finance teams.

I love the opportunity to talk with members and customers; lately during these conversations we discuss cost savings and doing more with less. These issues are affecting every business. Utilizing cost-effective tools is one way to adhere to budget restrictions and bring efficiencies to the Credit Department. We’ve been looking at different solutions to help solve these issues and to that end I’m happy to tell you about the brand new CMA CREDIT REPORT. This report is a cost-efficient way to access data for small- to medium-sized companies that are not usually reported to the larger credit bureaus.

The CMA Credit Report, which is the result of a partnership with data provider Ansonia Credit Data, offers payment trends and experience on your customers so that you can make informed credit decisions. The report includes payment history, bankruptcies, risk score, balance, days beyond terms and more. Better yet, the report is available at an affordable price point: CMA members get 5 free reports to try during their membership calendar year, and then pay $12.95 per additional report. Members who contribute their data to CMA get an additional 5 free reports, and pay $10.95 per additional report.

The report is also integrated with anscersX, our multi-bureau reporting solution that allows users to get the most-used data elements from the major bureau reports with one click.

We are excited to hear from our members on your thoughts on the new report. We hope you enjoy this new benefit, and that it’s useful in your credit decision making process.

Two Billion Reasons Why You Need to Know the anscersX Multibureau Trade Credit Report, by Bob Shultz

anscersX Report

Do you have to make tough credit decisions quickly? How would you like to have the power of over two billion trade credit experiences available to you from the three most reliable sources on the planet? What about having credit scores and valuable facts on a company’s history at your fingertips immediately when the credit request lands on your desk?

In today’s competitive environment, informed credit decisions must be made quickly to get product out the door. Your company expects credit to support Sales and drive revenue. At the same time, credit decisions must be within your company’s risk tolerance with a likelihood of prompt payment.

This was the thought behind CMA’s anscersX Multi-Bureau Trade Credit Report. anscersX provides all the above and more from Dun and Bradstreet, Experian, Equifax, Ansonia and international data from CreditSafe International. You choose which bureaus you want to see. You pay only for what you get. The report is online and delivered to your workstation within seconds of ordering it.

anscersX provides all of the information you need to make most credit decisions. A Paydex Score from Dun and Bradstreet, Intelliscore from Experian and a Business Risk Score from Equifax, along with over two billion current trade lines, trends, details about the company and public records of suits, liens or judgments.

There is a side benefit to those of us in credit who must defend our decisions. Using powerful information such as the anscersX report will help justify any decision you make. If there are questions or push-back, you are locked and loaded to illustrate why you came to the conclusions you did.

Consider the anscersX report if any of the following are true:

  • Your monthly requirements do not justify a costly contract with one or more of the bureaus.
  • You are looking for a more efficient and cost effective way to order reports from multiple bureaus.
  • You have a contract with one of the major bureaus but want reports from additional sources.
  • You have a limit on the number of reports you can order from a bureau, anscersX can conserve usage.
  • A multi-bureau report will give additional insight into a higher risk prospect or customer.

The best thing you can do for yourself today is to go to anscers.com and check out anscersX, or read information about it here (including sample reports). It is brought to you by Credit Management Association for the benefit of the credit management community.

Robert S. Shultz is a Partner at Quote to Cash Solutions (Q2C) LLC, and a frequent speaker at CMA-sponsored and other credit events.