Experian Launches Online Tool That Helps Small Businesses Improve Cash Flow

Experian launches online tool that helps small businesses improve cash flow
BusinessIQ ExpressSM enables small businesses to better manage their customer and vendor relationships and get paid faster and more reliably

Costa Mesa, Calif., May 08, 2012 — Experian®, the leading global information services company, today announced BusinessIQ ExpressSM, a complete online tool that helps small businesses improve cash flow by empowering more informed decisions about their business customers, suppliers and partners. The new service provides information and tools for evaluating and monitoring business relationships to help support profitable growth. Additionally, the service provides tools and resources to help small businesses collect on outstanding debts and avoid future losses.

Experian designed BusinessIQ Express to help small businesses keep their cash flowing by enabling owners and principals to quickly and easily make better decisions across the entire Customer Life Cycle. These important decisions help businesses meet their obligations and often can mean the difference between success or failure.

“Maintaining a profitable business is a challenge that all business owners face. Small-business owners especially feel this pressure because access to tools that enable them to effectively manage their business relationships have been too costly, too complex or too difficult to use,” said Adam Fingersh, senior vice president of Experian’s Business Information Services. “We designed BusinessIQ Express to address these challenges and level the playing field for small businesses as they compete in the marketplace with larger businesses that have historically had access to these types of tools and resources.”

The new online tool is available now, and offers three key ways to help members manage their business relationships quickly and easily:

• Evaluate — BusinessIQ Express members can evaluate prospects, customers, suppliers and partners on their likelihood to pay or deliver on time.
• Monitor — Members can easily monitor their business relationships with alerts and notifications of key changes, allowing them to take appropriate account actions and maintain beneficial relationships.
• Collect — The tool offers small-business members unique options that may have never before been easily accessible to them to help collect on outstanding debts and avoid future losses. 

BusinessIQ Express delivers valuable real-time data on more than 99.9 percent of all U.S. business. Members of the service also can rate an organization, as well as provide comments that can be viewed and used by other community members when evaluating a business. Additionally, the site is loaded with tutorial videos, tool tips and support options to assist small-business professionals at every stage of the Customer Life Cycle.

Experian’s Business Information Services launched BusinessIQ Express at Experian’s Vision 2012 Conference held May 6-9 at The Phoenician in Scottsdale, Arizona, and will be demonstrating the new platform today at the FinovateSpring2012 Conference, in San Francisco. For more information about BusinessIQ Express, visit www.BusinessIQexpress.com.

Roslyn Whitehurst
Experian Public Relations
1 714 830 5578

About Experian’s Business Information Services
Experian’s Business Information Services is a leader in providing data and predictive insights to organizations, helping them mitigate risk and improve profitability. The company’s business database provides comprehensive, third-party-verified information on 99.9 percent of all U.S. companies, with the industry’s most extensive data on the broad spectrum of small and midsize businesses. By leveraging state-of-the-art technology and superior data compilation techniques, Experian is able to provide market-leading tools, such as BusinessIQSM, that assist clients in making real-time decisions, processing new applications, managing customer relationships and collecting on delinquent accounts. For more information about Experian’s advanced business-to-business products and services, visit www.experian.com/b2b.

About Experian
Experian is the leading global information services company, providing data and analytical tools to clients in more than 80 countries. The company helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score and protect against identity theft.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2011, was $4.2 billion. Experian employs approximately 15,000 people in 41 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; Costa Mesa, California; and São Paulo, Brazil.

For more information, visit http://www.experianplc.com.

Experian and the Experian marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.