Creditek LLC
Extends Its Outsourcing Services to Mexico
PARSIPPANY, NJ—October 1,
2001—Creditek LLC is proud to announce that it has opened Creditek de
Mexico to provide accounts receivable, collection and deduction outsourcing in
Mexico. Creditek de Mexico will also collect cross-border trade transactions for
U.S. and Mexican companies.
"Our U.S. clients conduct
significant trade with Mexico and have major operations there. We see an
important opportunity to serve them in this critical, quickly developing
market," said John Metzger, Chairman of Creditek. "We wanted to find
just the right executive as the Managing Director. Under Fernando Casares’
leadership, we will be able to provide a professional, turnkey service to meet
the in-country and cross-border requirements of major companies with the same
standards and results as in the U.S."
Fernando Casares added,
"I am very pleased to be teaming up with the U.S. leader in revenue cycle
outsourcing. We are making available in Mexico the best practices and technology
from Creditek, and adding to it deep local market knowledge. As a result,
Creditek de Mexico can take total local accountability for a turnkey solution
– for the whole enterprise or for a tactical project to clear a backlog."
Casares continued, "As we
speak with key executives of local and foreign companies throughout the Mexican
economy, we find that we are meeting a major void."
Casares, the Managing Director
of Creditek de Mexico, has nearly 20 years of experience in credit and accounts
receivable management, including cross-border and domestic transactions, risk
management and work outs of troubled portfolios. He has served in senior
positions at the Specialized Banking Division of Bancomer, as Chief Credit
Officer for Banco de Pequeño Comercio, and most recently as the Country Manager
for Transamerica Finance. He has managed A/R of $500 million and has consulted
for many Fortune 1000 and smaller companies.
Creditek de Mexico is located in Mexico City, and can serve all of Mexico and
Central America. It is expected that U.S. and Mexican exporters, as well as U.S.
subsidiaries in Mexico, will be the first to take advantage of its state-of-the
art services.
In the U.S., Creditek LLC is a
revenue cycle outsourcing leader, delivering complete accounts receivable,
collections, customer-claims, and deduction management services. Other services
include revenue cycle consulting, and tactical project teams to cure short-term
needs. Creditek serves large companies in all sectors. Benefits to clients
include reduced net operating costs, accelerated cash flow, and additional
profit from reduced revenue dilution.
Creditek is also opening
operations in Europe and is prepared to fully meet the revenue cycle needs of
its global clients.
Information about Creditek de
Mexico services may be obtained by calling Richard Lander at 1-800-216-4000 or
by email at mexico@creditek.com.
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