Continuing advances in computer technology
have raised the power and efficiency of desk-top PCs to new heights.
As a result, the cost of computing continues to drop. The advent
of the Internet has made information available to everybody.
Until recently, however, most credit
information was too expensive for everyday use. Today, thanks to
the PC and the Internet, that information can be inexpensive and easily
The PC revolution means that, with
the proper software program, credit group members can pool credit information
in proprietary databases. CCI Software/Systems has taken advantage of this
opportunity to become a leading developer of proprietary database software
for credit groups.
A proprietary database is one owned
by its members. Members contribute to the database on a regular basis
and only members may draw credit reports and other information from the
Unlike traditional credit databases
maintained by Dun & Bradstreet or TRW, databases developed by CCI offer
five distinct advantages: strict confidentiality; custom design;
concise trade reports; outstanding service; and most importantly, lower
CCI-designed databases feature the
ability to draw trade credit reports based on a name or telephone number
search; the ability to generate reports on customers with returned
check (NSF) activity or whose accounts have been placed for collection
(PFC); and an E-mail messaging systems for members.
Trade credit reports show the following
information: the date the information was reported; the date of last
sale; whether the account is cash in advance (CIA/CBD) or cash on delivery
(COD); the reporting member's pay history with the account; the account's
recent high credit, account balance and the percentages of the balance
current, and 1-30, 31-60, 61-90 and 91+ days past due. The identification
of the reporting member may also be shown, if desired. In addition,
the trade report is cross-referenced to an NSF and PFC database and will
alert users if there is any such activity in that account.
In addition, the trade experience of
all reporting members is summarized to give the composite experience in
both absolute dollar terms and percentages. Finally, the payment
trends of the customer for the prior three months is summarized, enabling
a quick review of payment performance.
Delivering credit information is a
service, not a sale of goods. Our work is just beginning once your
database is setup. CCI is dedicated to providing its clients with
superior service in the maintenance and day-to-day operation of their databases.
This includes both technical support and database maintenance.
We also understand that over time your
needs will change. We are ready to work with you to implement those
changes to fit your needs.
CCI was founded in August 1991 by Panos
Constantinides and Geoffrey Lyman. The principals foresaw the shift
away from main-frame based computing solutions and formed CCI to
provide customized database and programming services to business customers.
Since that time CCI has developed databases for the rare book and collectibles
market, as well as its specialty, database for commercial credit information.
The backgrounds of Constantinides and
Lyman make them uniquely qualified to provide their clients with state-of-the-art
database services, including both technical, legal and business advice.
Constantinides is a magna cum laude graduate of Harvard and hlds a J.D.
from the University of Virginia Law School. A corporate lawyer before
co-founding CCI, he has practiced extensively in the fields of secured
lending, anti-trust, bankruptcy and creditor's rights. He serves
as CCI's President and oversees the day-to-day operations of the company.
Lyman received his B.A. degree in computer
science magna cum laude from Duke University in 1986. Before co-founding
CCI, Lyman developed advanced database solutions for Data General Coprporation
in Durham, North Carolina. He serves as CCI's Vice-President with
responsibility for all technical and programming matters.