ABC-Amega Wins Competitive Bid for Credit Group Management Services

ABC-Amega Inc., a respected commercial receivable management firm, has been selected to provide credit group management services for Printing Industry Credit Executives, Inc. (PICE) following a competitive bid process among some of the most notable providers in the credit interchange industry. ABC-Amega was selected on the basis of its capabilities and state-of-the-art, Internet-based credit reporting system.

PICE was organized in 1977as a nonprofit association of financial, credit, and collection specialists including more than 100 of North America’s leading printing firms and related vendors. Members are primarily printers of books, catalogues, magazines, and direct mail in the United States and Canada. The group serves a customer base that includes advertising agencies, publishers, brokers, and end-users.

ABC-Amega?s Credit Information division will provide PICE with a complete range of credit interchange services geared to the specific needs of the organization?s members, including managing the group’s credit information database, planning meetings and facilitating A/R clearance sessions.

“I am extremely pleased about winning the PICE bid,” stated David Herer, CEO ABC-Amega Inc. “This opportunity is representative of the forward momentum for growth and expansion that is the focus of our Credit Information division. We’ve been an active part of the credit information industry for more than 40 years, and have continued to remain successful by providing group members with quality service and the best technology available. Currently we are in the process of developing plans to aggressively court new groups and to increase the range and level of services offered to existing groups.”

“The Credit Information division is an integral part of ABC-Amega’s operation,” continued Herer. “The success of this division benefits the entire company and presents opportunities for developing our credit and collection industry knowledge and position.”