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Bowles ratifies new EU law on statistics
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Bowles ratifies new EU law on statistics
Sharon Bowles MEP, Chair of the influential Economic and Monetary Affairs Committee in the European Parliament, has overseen the signing into… More

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"Banking Union is a greater pooling of sovereignty than signing up to the Euro" - Sharon Bowles MEP
Sharon Bowles MEP, who chairs the European Parliament’s Economic and Monetary Affairs Committee, today cautioned that the plans to hand… More
"EU must get tough on tax" says Sharon Bowles MEP
Ahead of tomorrow’s EU Summit in Brussels, the European Parliament has backed a common European strategy to combat tax fraud, evasion and … More
The sky's the limit for air freight business
A Crawley-based air freight business has undergone a management buyout with the support of funding from Lloyds TSB Commercial Finance.… More
New Proposals to Change to IFRS Lease Accounting May Hinder Much-Needed EU Economic Growth
Brussels, 16 May, 2013 - After several years of re-considering proposals to change the international accounting standard for leases and rental … More

OnGuard Announces North American Client Win, World Shipping Inc.

Monday, 09 August 2010

New York, NY August 09, 2010 – OnGuard USA Inc., provider of credit management solutions, today announced that World Shipping Inc. has selected OnGuard’s flagship credit management platform, OnGuard ICMS. The product will help World Shipping integrate, enhance and streamline its credit management processes.

The solution will identify customers at the highest risk of default, combining external data and specific internal behavioural information, allowing resources to be concentrated in the most appropriate manner. The solution also brings consistency with quality controls over business communications and integrated functions for large volumes of data in multiple languages and currencies. World Shipping will become OnGuard’s 152nd client in the logistics and transport space.

Samuel Eisenmann, Vice President of OnGuard USA Inc., said: “With a client like World Shipping Inc. which has three offices in the U.S. and one in the Netherlands, the ability to create uniformity across each credit management department and remain compliant with specific national shipping regulations is a key factor to the ultimate success of the business.”

Historically, the shipping and trucking industries have struggled with credit management issues. High volumes of invoices and small profit margins mean that every day counts when chasing debts. With a proven track record in the industry, OnGuard allows its users to be proactive in their approach, giving them the ability to recognize payment patterns and settle invoices more quickly.

Eisenmann adds: “By keeping an open relationship with our clients and regularly attending trade shows, we are able to closely monitor the market trends in North America. This allows us to anticipate the needs of our clients and provide them with superior features, such as our recent addition of customer scoring to the core platform, and new products ahead of the competition. We also provide our clients with intense end-user training right before they go live with our products as we are well aware of the fact that educated users will always return the most effective results for organizations who buy into our product. ”

Atradius

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