Facility Solutions Group Selects eCredit Professional Edition to Manage Credit Processing
- Leading Electrical Products and Contracting Services Provider Chooses eCredit -

DEDHAM, Mass. and AUSTIN, Tex., March 31, 2005 - eCredit, a leading provider of online software for credit and collections professionals, today announced that Facility Solutions Group (FSG) has selected eCredit Professional Edition to manage credit approval processes for its rapidly growing account base. Replacing FSG's existing manual paper-based system, eCredit Professional Edition was chosen over several competitive offerings because of its flexible delivery model and the completeness of its functionality. The scalability of the eCredit solution and the ability to accommodate future growth in number of users and business requirements was a similarly strong deciding factor.

"eCredit Professional Edition was the perfect solution for our credit department, which is under increasing pressure to turn around decisions quickly and accurately," said Carrie Hickey, Credit Manager, Facility Solutions Group. "Most importantly, eCredit will allow us to focus on what we do best - making the right credit decisions for the right customers."

Facility Solutions Group will leverage eCredit's ability to automate the approvals for new accounts. eCredit Professional Edition will streamline the credit decisioning process by linking to multiple data providers and automatically selecting the most appropriate data for the type of customer in question. In addition to helping improve the quality of decisions, eCredit will also store all customer-related information in a Web-based paperless customer file and provide workflow management tools to create efficiencies for a credit department whose workload is growing rapidly. Additionally, eCredit Professional Edition will be implemented quickly, placing no burden on FSG's IT infrastructure and using only minimal IT resources.

"At the end of the day, technology is a key enabler for a rapidly growing company like FSG. eCredit provided us with the right solution to meet our needs today, and gives us the flexibility to add additional functionality in the future as we continue to expand," continued Hickey. "By automating routine tasks and streamlining our overall process, eCredit enables us to grow our business without the need for additional resources."

"Facility Solutions Group, like other companies using paper-based systems to service an expanding account base, stands to benefit greatly from implementing eCredit Professional Edition," said Jeff Dickerson, eCredit President and CEO. "The accelerated implementation, the flexibility of a solution delivered online and the ability to turn around new credit approvals quickly will support FSG's expansion and allow it to manage its customer base more effectively."


About Facility Solutions Group
Facilities Solutions Group distributes electrical products and lighting equipment to customers in the US, Canada, and Puerto Rico through its American Light subsidiary. The company also provides electrical contracting services through its Design Electric subsidiary. The company has offices and lighting showrooms in Dallas and Austin, Texas. For more information, please visit www.fsgconnect.com.

About eCredit
eCredit is the leading provider of online solutions for credit and collections professionals. Its award-winning on-demand software supports the mission critical processes of granting credit, monitoring portfolio risk, and collecting accounts receivables. eCredit also offers a comprehensive industry specific credit reporting and scoring solution that includes tens of millions of trade experiences on millions of companies, developed as a result of 14 years of credit management leadership. With deep roots in the credit and collections community, eCredit has continually demonstrated results by helping companies reduce bad debt and DSO while improving productivity and lowering costs. eCredit is a private company headquartered in Dedham, Massachusetts. Major clients include AB Electrolux, American Airlines, Chevron, Cisco, Ferguson, Samsung Electronics, Cargill, NEC Financial, Graybar, CDW, Sun Microsystems, and Ryder System. For more information, please visit www.ecredit.com.

eCredit.com and the eCredit.com logo are registered trademarks.


Press Contacts

Kate Anderson
eCredit
(781) 752-1250
kanderson@ecredit.com

Alex Coté
eCredit
(781) 752-1287
acote@ecredit.com


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