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Developer Of Credit Software Announces Rental Plan

Furniture World Magazine

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American Software is making it even easier for smaller retail businesses to start managing their own financing. By renting or leasing American Software’s CreditStar 7.2, a company can easily start to finance their own sales instead of giving their profits away to the banks and finance companies. Company President Richard Hadad says “Many companies are reluctant to get started in financing because of high up-front costs. They already have the personnel, a desk and a computer. By renting or leasing, it’s easy and inexpensive to add CreditStar and they’re in business.” Hadad says CreditStar 7.2 has been developed with small and medium-sized businesses in mind. CreditStar is a modular system, with modules such as Revolving (open end) contracts, Installment contracts, Credit Bureau reporting, and Letter and Contract writing, that allow credit managers to oversee every aspect of the credit department. Account entry is speeded up with default settings, and flexible finance plans such as “90 days same as cash” or “no payments or interest for 2 years” are simple to set up. CreditStar is fully supported for 90 days after purchase, and annual maintenance contracts, on-site training, and courses in financing and credit are available. With the new rental program a company can install a package of features such as Revolving accounts, Credit Bureau Reporting, and Collection letters and contracts for a $495 installation fee and $395 per month. New modules can be added at any time. Maintenance and upgrades are included in the rental price, and there is no minimum rental period. Half of the rental fee paid can be applied toward purchasing the program at any time. The program can also be leased for up to 36 months, and purchased at the end of the lease for $1. Call the company at 1-800-617-8271 for details.