Simmons Foods

"With my 25 years experience in commercial credit management, Cortera gives me the biggest 'bang for my buck' of any source that I have ever used." Bill Smith, Corporate Credit Manager

Challenge

• Recent diversification of Simmons Preferred Foods’ customer base made finding information more challenging
• Past information providers were primarily targeted toward specific markets and provided only limited coverage outside those markets
• Simmons sought a new source of business credit information coupled with the coverage and quality required to cover multiple industries

Solution

• Implemented Cortera CPR Reports for improved coverage
• Leverages Cortera PULSE for customer risk monitoring
• “Cortera’s database is the largest and most all-inclusive we’ve found – roughly 98% of the companies we’ve inquired on have had a file with Cortera”.
• “Cortera’s ‘Qualifiers’ feature allows us to view the latest news regarding events materially affecting companies’ credit-worthiness.”

Results

• “Cortera’s large database enables us to locate history immediately and make qualified credit decisions literally within minutes”
• “We have saved many dollars on our budget because we are not saddled with a huge periodic contract. Also, we are not paying for ‘bells and whistles’ that are meaningless to us, nor are we being constantly badgered to purchase additional services.”
• “Cortera has been wonderful to contact us at our convenience to insure that we know how to access the information critical to our decision-making process.”