MIS Credit Rating Service Daeho Jeong Zachary Kotary James Campbell

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Transcript MIS Credit Rating Service Daeho Jeong Zachary Kotary James Campbell

MIS Credit Rating Service
Daeho Jeong
Zachary Kotary
James Campbell
Ming Qian
Faye Nguyen
Background
● Who we are?
○ Our company located right here in Buffalo, New York
○ We are one of the leading credit rating company in the State
● What we do?
○ We determines credit ratings for other firms across all industries
○ Credit rating is effective for a year, after 1 year they would need to
update it.
○ Provide consulting services to clients after rating process
Problems
● Missing Documents
○ Previously, frequent checks to see if required documents have
been submitted were needed
○ The new database automatically notifies you when something is
missing
● Consulting Speed
○ The last system took a long time to gather the information
required for a consultation
○ The new system pulls all of this information up instantaneously
Credit Report
● After the credit rating process is completed
● How client companies receive their report?
● Uses?
http://misratings.weebly.com
Missing Document
Problem:
● Client companies sometimes fail to properly submit important
documents
● Incomplete submission delays the rating process
Solution:
● Report allows the user to search for specific document types
● Generates a list of companies who are missing said document
http://misratings.weebly.com
Purpose
Industry standing solution
● One reason why companies request credit rating is to win bids over other
companies.
● Generates credit ratings of all the companies within the same industry.
● By knowing their rank within their industry, they know if their business is
doing well compared to competitors. If not, they can try a new business
strategy to be more successful.
Database Sample
Database Sample
Conclusion
● Ability to save at least 4 hours daily for the labor.
○ Ex: Track the document which is missing
● Access to information for
○ Documents tracking(the most important one we want to fix)
○ Company basic information tracking(address, phone number
etc. )
○ Rating speed tracking
○ Credit rating tracking
Question?