Quadient announced the launch of an Advanced Credit module for its cloud-based Intelligent Communication Automation solution suite. Quadient's ICA suite is uniquely bringing together automation for accounts receivable, accounts payable, customer communications management, document management and customer journey mapping. Through its YayPay AR automation solution, Quadient is the only provider that offers the full range of capabilities from customer acquisition to customer relationship capabilities.

As part of Quadient's accounts receivable solution, Yaypay, the Advanced Credit module provides real-time credit data to enable users to grow their businesses more intelligently by accelerating sales while mitigating risk. It also gives instant access to customer credit information at any time, drawing data from external sources that combine with payor behavior data held within YayPay's system. It brings together real-time credit scoring, custom credit scorecards, instant credit decisions and flexible credit limits and approvals.

All data is presented instantly on customizable scorecards for each customer. YayPay's Advanced Credit module helps AR teams to accurately forecast payor behavior, streamline new customer onboarding, prevent unintended or unnoticed revenue loss and ultimately carry out better business planning. Teams may adjust credit limits depending on risk management strategies and upcoming business goals, addressing industry pain points such as a lack of insight into customer payment behavior and a reliance on external sites for credit checks.