Last Updated
Overview
CMS Credit Suite software provides sophisticated commercial credit risk management, aiding large organizations in standardizing credit decisions and optimizing accounts receivable. It has been an industry standard for decades, offering tools for financial analysis and credit limit modeling. While the software interface may seem dated, its extensive features justify the cost.
Overall Rating
Based on 1 users reviews
4
Rating Distribution
Positive
100%
Neutral
0%
Negative
0%
Starting Price
Custom
CMS Credit Suite Specifications
- Workflow Automation
- Compliance & Security Features
- Reporting and Analytics
- Case Management
What Is CMS Credit Suite?
CMS Credit Suite is a powerful web-based Software as a Service (SaaS) platform from ICMS Global, designed for enterprise B2B credit professionals. It helps large businesses consolidate credit exposure across product lines and enforce standardized, auditable decision-making, mitigating legal risk. Key capabilities include custom commercial scoring, rules-based collections, and comprehensive portfolio risk reporting, ensuring maximum cash flow and reducing overall credit exposure for the entire accounts receivable department.
CMS Credit Suite Pricing
CMS Credit Suite Integrations
The software supports integration with multiple platforms, such as:
- Cortera
- Credit.NET
- Dun & Bradstreet
- Equifax
- Experian
- ProSight Financial Association
Who Is CMS Credit Suite For?
CMS Credit Suite is ideal for a range of industries, including:
- Steel manufacturing
- Energy
- Oil and gas
- Automotive
Is CMS Credit Suite Right For You?
CMS Credit Suite excels in providing enterprise-level credit management functionality as an on-demand SaaS platform. As the successor to Corporate Credit Manager, which was considered the industry standard since 1985, this solution brings proven expertise and authority to strategic B2B risk mitigation. It is the definitive choice for large organizations needing to consolidate financial risk, enforce consistent, auditable credit policies, and maximize cash flow.
Still not sure about CMS Credit Suite? Contact our support team at (661) 384-7070 for further guidance.
CMS Credit Suite Features
Custom Commercial Scoring
This allows users complete control over how customer risk is measured and weighted. Organizations can define unlimited scorecards using internal non-financial data, external ratings, and predictive models. This capability allows the resulting score to be accurately translated into an internal rating, which drives credit limit recommendations.
Approval Management Workflow
The system guides credit analysts through the entire approval process, enabling the delegation of credit decision-making for a majority of customers. It enforces the company’s documented methodology, ensuring consistency in setting appropriate credit limits and terms.
Rules-Based Collections
This functionality increases collector efficiency and improves corporate cash flow through an enforced, rules-based workflow. Users can define collection strategies to prioritize which accounts receive immediate attention, ensuring consistent adherence to policy. The collector's dashboard displays a prioritized work list along with recommended daily actions.
In-Depth Financial Analysis
Users are provided with specialized tools for comprehensive financial analysis of counterparties. This includes essential functions like tracking year-to-year comparisons of financial health. Additionally, the platform supports multi-statement view and entry, and allows for user-defined ratio calculation and proprietary scoring.
Query Builder
The platform delivers robust database reporting tools for managing the accounts receivable portfolio, providing key statistics like days of sales outstanding. Users rely on the efficient, user-created dashboard to view custom KPIs, alerts, and workflows.
Pros And Cons of CMS Credit Suite
Pros
Simplifies credit checks with instant score access
Streamlines rating process without manual coordination
Improves efficiency over outdated credit systems
Cons
Interface could benefit from a modern update
Customer support may vary at times
CMS Credit Suite Reviews
Total 1 reviews
4
All reviews are from verified customers
Rating Distribution
5
Stars0%
4
Stars100%
3
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2
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1
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Share your experience
Mid Market, 51-100 employees
“reliable dashboard for collections”
Pros
The collection monitoring works really well and the dashboard is user friendly and consistently up to date. It helps improve cash flow by keeping the collection workflow organized and properly managed.
Cons
Being cloud based can initially make it feel a bit risky. However I haven't run into any security problems so far. Security should still remain a top priority with close attention paid to potential hacking threats. Better data backup options would also be a valuable improvement.
Rating Distribution
Ease of use
9
Value for money
8
Customer Support
8
Functionality
8
Frequently Asked Questions
Does CMS Credit Suite offer an API?
No, CMS Credit Suite does not offer an API.
What language does CMS Credit Suite support?
CMS Credit Suite is primarily available in English.
Does CMS Credit Suite have a mobile app?
No, CMS Credit Suite does not have a mobile app.
What types of pricing plans does CMS Credit Suite offer?
The CMS Credit Suite price is customized according to the needs of the organization. Request a personalized CMS Credit Suite pricing quote for your business.
What other apps does CMS Credit Suite integrate with?
The software supports integration with multiple platforms, such as Cortera, Credit.NET, Dun & Bradstreet, Equifax, Experian, and ProSight Financial Association.
Who are the typical users of CMS Credit Suite?
Typical users include industries like steel manufacturing, energy, oil and gas, and automotive.
What level of support does CMS Credit Suite offer?
CMS Credit Suite offers support through email, phone, and contact form.