Credit Assist: an innovative service for SingularLogic customers. Athens, February 7th 2008:An innovative service is being incorporated with the software products of SingularLogic. The service, called credit assist, exploits Internet possibilities and gives business customers competitive advantage. Credit assist is being developed with the cooperation of Hellastat and concerns the on-line provision of financial and corporate information through a number of SingularLogic software applications.
Hellastat has the greatest database of electronically processable financial and business information for companies headquartered in the Greek territory, covering all sectors of financial activity.
More specifically, by making use of this new service and SingularLogic's applications, companies may acquire business data online from Hellastat's data bank in order to:
-Protect their transactions
-Assess competition
-Compile potential client lists
-Directly obtain information about commercial transactions, solvency, efficiency, effectiveness, liquidity and profitability as well as customer and supplier tendencies
-Conduct research, studies, market & industry analysis
-Evaluate credit risks when granting credit
-Evaluate investments and procurements
-Search for companies in certain locations throughout the country.
The SingularLogic Credit Assist service is provided, from Hellastat, in the form of an annual subscription worth between euro 500 and euro 2,000, which covers the following areas of information:
-Simple and consolidated company report Annual and periodical financial statements
-Industry trends
-Competition comparison
-Investment evaluation
-Liquidity analysis
-Client list/List of potential clients
-Supplier list
-Balance sheets
-Standard & Poor's Rating Report
-Standard & Poor's Industry Rating Report
-Transactional behaviour.
The innovative new service, Credit Assist, is already available for SingularLogic Prime/Business ERP, Enterprise/Enterprise 4U, Eurofasma Next, Defacto 8, Manager Next, Accountant, Control, Horizons and Footsteps applications.
Please note that customers of the abovementioned applications will obtain a free limited trial use of the service, so that they can immediately benefit from its use.