2022
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17.9
Petroleum Wholesaler Uses Deep Dive Reports to Reduce Operating Costs
about FLOCOR
Texas Enterprises, Inc. is a top petroleum and lubricant wholesale distributor with offices across ten locations in Texas and New Mexico.
Texas Enterprises, Inc. was looking for an affordable and efficient way to access timely credit information on businesses across its vast $1.2 billion portfolio. After trying numerous credit data providers, their credit team found the report subscriptions did not fit their needs in addition to being very costly.
About Texas Enterprises, Inc.
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Flocor is a leading North American distributor of top-quality name-brand pipe, valve and fitting products and services to mechanical, fire protection, waterworks, water, and wastewater treatment, commercial, mining, institutional and industrial markets.
Texas Enterprises, Inc. decided to start sharing their receivables with Moody Analytics Pulse to access affordable and robust credit reports on their customers.
Moody's Analytics Solution
Unlike other reports in the industry, the Deep Dive Reports present the information in a clean view, making it easy to identify a business's financial health without needing to study a report.
Cody Douglas
VP OF TREASURY & CREDIT
AT TEXAS ENTERPRISES, INC.
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Their credit team instantly noticed that the Deep Dive Credit Reports in Moody’s Analytics Pulse were an extremely effective tool in evaluating the creditworthiness of new applicants and reviewing the financial health of their existing customers.
Texas Enterprises, Inc. found the presentation of key payment and spending trends in the reports very intuitive, enabling them to identify risk more quickly and easily than ever before.
Deep Dive Credit Reports
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Interested in Reducing your Credit Team’s Operating Costs like Texas Enterprises, Inc.?
The Moody’s Analytics Pulse platform has empowered Texas Enterprises, Inc. to access timely credit information on their cusomers in an intuitive format while reducing operating costs.
According to Texas Enterprises, Inc.'s VP of Treasury & Credit Cody Douglas, “The Moody’s Analytics Pulse AR contribution model is a win-win for everyone and provides a value that is much greater than the cost.”
Results
I would give Moody's Analytics Pulse a 9/10 rating for providing reliable and credible credit reports for an extremely reasonable cost.
Cody Douglas
VP OF TREASURY & CREDIT, TEXAS ENTERPRISES, INC.
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TEXAS ENTERPRISES, INC. CASE STUDY
Their credit team instantly noticed that the Deep Dive Credit Reports in Moody’s Analytics Pulse were an extremely effective tool in evaluating the creditworthiness of new applicants and reviewing the financial health of their existing customers.
Texas Enterprises, Inc. found the presentation of key payment and spending trends in the reports very intuitive, enabling them to identify risk more quickly and easily than ever before.
Texas Enterprises, Inc. Accesses Detailed Insights at a Much Lower Cost than Other Credit Providers
Cody Douglas
VP OF TREASURY & CREDIT, TEXAS ENTERPRISES, INC.
Moody’s Analytics Pulse saves us over 92% annually in credit report costs across our $1.2B portfolio.
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