Albuquerque, NM (PRWEB) May 25, 2006
American Software, the developer of CreditStar finance management software, announced the release of version 7.3 today. With this release businesses that use CreditStar to manage their consumer financing can now automatically report their account activity to the credit bureaus. This gives them another tool, along with statements and letters, to keep payments coming in and collections to a minimum. Company President Richard Hadad says that these features help make CreditStar a powerful way to ensure a steady cash flow for your company.
Hadad goes on to point out that using CreditStar provides a number of additional benefits for small and medium-sized businesses. Of course, the main benefit is the profit from interest and late fees. Using CreditStar 7.3, a company can easily finance their own sales instead of giving the interest and late fees — as well as the discount (as much as 12%!) — to the banks and finance companies. Another benefit is the opportunity for regular communication with customers, with advertising placed into statement envelopes. A more personal approach to financing and collecting means your customers will be much more loyal to you. And with CreditStar available for Revolving and Installment financing, or both, you have the flexibility to offer your customers the best plan for your needs.
Hadad points out that In today s retail world it can be hard to make a profit without having your own finance department. You already have the personnel, a desk and a computer and you ve made the sale. Add CreditStar consumer finance software and a supply of stationery and you re in business. CreditStar is available in a Standard version, with your choice of Installment or Revolving financing, or Professional, with available additional features such as Credit Bureau reporting and Letter and Contract writing, that allow credit managers to oversee every aspect of the credit department. Additional features can be added at any time, and are priced specifically for small and medium-sized companies. CreditStar is fully supported for 90 days after purchase, and annual maintenance contracts, on-site training, and courses in financing and credit are available.
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