Red Planet interface with Dun & Bradstreet to provide new credit status updates.
Wednesday October 23, 2013. Brisbane, Australia. Red Planet Software, a leading provider of software solutions to Finance providers, today announced the launch of an interface from Red Planet’s Odyssey Funding Management software directly to credit information bureau Dun & Bradstreet (D&B).
This innovative development will allow financiers to electronically transmit their trial balances to D&B and receive a credit status update on each of their clients (company or individual) to help access the suitability and risk involved in continuing to provide funding to the borrower.
“This enhancement in our solution helps our client’s better monitor their borrowers and stay abreast of the fast paced changes in the industry. The direct feedback from D&B will provide our clients with a credit status and identify any other credit issues their applicant may have recently in their track record,” says Peter Williams, CEO of Red Planet Software.
This enhancement will be made available to all new clients and as an upgrade to existing Red Planet Software clients that utilise the Odyssey Funding Application solutions.
“In today’s low growth environment, making the most informed credit decisions is even more critical to business success,” says Gareth Jones, CEO of Dun & Bradstreet.
“This interface will allow Red Planet Software clients to more efficiently manage risk and also identify new business opportunities.”
For more information on Red Planet Software, please visit our website at www.redplanetsoftware.com.
About Red Planet Software
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About Dun & Bradstreet
Dun & Bradstreet is Australia and New Zealand's oldest credit information bureau. Backed by its extensive financial database, D&B helps businesses to make informed credit decisions, and consumers to access personal credit information. www.dnb.com.au