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To: bob zagorin who wrote (3670)4/12/2004 9:50:42 AM
From: Fred Levine   of 4187
 
The Seattle Times Selects eCredit to Enhance Credit Operations
Monday April 12, 9:02 am ET
-- Leading National Newspaper Goes Live with eCredit nFusion to Automate Credit Processes --

DEDHAM, Mass., April 12 /PRNewswire/ -- eCredit, the leading provider of Web-based credit and collections automation applications, today announced that The Seattle Times has implemented the eCredit nFusion suite of applications to automate its credit processes. Looking to replace a manual credit processing structure with a more agile system to provide centralized tracking of credit performance, The Seattle Times began its implementation of nFusion earlier this year and, in a few months' time, has seen its entire credit department go live on the solution.
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The nFusion implementation contributes to the organization's pursuit of operational excellence by creating a system in which credit decisions can be made more consistently and efficiently. Under the terms of the agreement, The Seattle Times has implemented nFusion for all analysts in the credit department initially. Because nFusion is a scalable platform on which credit operations will be managed, the company will then add more users to the system as its benefits are realized across the organization. Later this year, a phased rollout to the retail advertising sales force will take place, which will improve decision turnaround time and overall communications between the sales and credit departments.

"Using eCredit nFusion, our credit department will centralize management and control of our business credit process," said Carrie Rorem, Customer Accounting and Credit Manager at The Seattle Times. "This will enable us to gain significant process efficiencies and dramatic improvements in the consistency of credit decisions being made. eCredit nFusion will be a core element in successfully supporting the growth targets of our business to business operations."

"As one of the Pacific Northwest's leading newspapers, The Seattle Times faces the daily challenges not only of covering the latest breaking news, but also of creating and maintaining a smoothly-running financial and operational infrastructure," said Jeff Dickerson, president of eCredit. "eCredit provides businesses like The Seattle Times with the tools they need to measure and manage business credit decisions, giving them a competitive advantage and enabling them to achieve their internal corporate objectives."


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