SCREDIT

SCREDIT helps B2B finance and credit teams manage onboarding, automated credit decisions, financial-risk analysis, collections, and portfolio exposure. Its workflow connects digital applications and underwriting with bureau intelligence, approvals, portfolio analytics, accounts-receivable visibility, and collections execution. Applications can collect documents, e-signatures, and trade references to create approval-ready profiles. Construction workflows track job-level exposure, retainage, lien deadlines, bond status, and project risk. Connectors cover ERP, accounting, CRM, bureaus, and other services. SCREDIT leaves the ERP as the record for invoices, terms, due dates, and cash application, while sending credit decisions and approved limits back. All plans include SCONNECT, a customer portal for applications, documents, invoices, statements, payments, and executed agreements. The software is listed for Android, iOS, and web. Starter is $750 a year billed annually, Growth is $2,000 a year, and Scale is $4,500 a year. EFILOS says its third-party SOC 2 audit is not yet complete.

SCREDIT links application, underwriting, exposure, and collections work while leaving specified financial records in the ERP. Its listed annual plans start at $750 a year, and the third-party SOC 2 audit remains incomplete.

SCREDIT is built for B2B teams handling at least 50 credit applications per month, including teams in manufacturing, distribution, construction supply, and FMCG/CPG. It may suit organizations that want customer-facing credit workflows while keeping their ERP as the invoicing and cash-application record.

Overview

SCREDIT is a B2B credit-management platform for teams that need to move customer applications through underwriting, risk review, and collections. It is best suited to companies processing 50 or more credit applications a month, particularly in distribution, manufacturing, construction supply, and FMCG/CPG. Its central trade-off is clear: it adds a dedicated credit workflow while leaving core financial records in the ERP.

Key features

Digital applications gather documents, e-signatures, and trade references into profiles ready for approval. Weighted scorecards, credit-limit controls, review workflows, and bureau intelligence support decisions; portfolio analytics and exposure monitoring carry that view across customers. This connected process is valuable for teams with a regular application pipeline, but may be more system than a business handling only occasional credit reviews needs.

Construction workflows track exposure by job, including retainage, lien deadlines, bond status, and project-specific risk. That level of detail gives construction suppliers a reason to consider Scale; companies outside the sector may find less benefit in its construction specialization.

Growth adds approval routing, bureau integrations, collections queues, promise-to-pay tracking, and dispute workflows. Those capabilities extend SCREDIT beyond approval into receivables follow-up. SCONNECT is included with every plan, letting customers submit applications, upload documents, view invoices and statements, make payments, and access executed agreements.

Purpose-built connectors span SAP, NetSuite, Dynamics 365, QuickBooks Online, and Salesforce, as well as commercial bureaus and services for identity, banking, tax, payments, and construction workflows. SCREDIT sends credit decisions and approved limits to the ERP, which remains the system of record for invoices, terms, due dates, and cash application. That boundary suits teams that want dedicated credit operations without replacing their financial system; it also means SCREDIT is not an ERP substitute.

Security controls include tenant-level schema isolation, role-based access, encryption, monitoring, least-privilege runtime controls, and audited administrative workflows. The customer organization retains ownership of submitted customer, financial, and workflow data. Controls are designed around SOC 2 principles, but EFILOS says its third-party SOC 2 audit is not complete, a material consideration for organizations requiring an audited assurance report.

Pricing

SCREDIT has no free plan. Its annual plans are billed annually, and the gap between tiers is mainly about workflow depth and specialized controls.

• Starter — $750 a year, billed annually: Covers 25–60 applications per month, digital applications, weighted scorecards, core AR views, watchlists, SCONNECT, and email support. It is the entry point for teams whose needs fit that application volume and do not require the added routing, bureau, or collections features in Growth.
• Growth — $2,000 a year, billed annually: Includes Starter plus approval routing, bureau integrations, collections queues, promise-to-pay, and dispute workflows. It fits teams that need decisions and collections to run through a more structured process.
• Scale — $4,500 a year, billed annually: Includes Growth plus multi-entity and multi-currency support, construction credit, concentration-risk monitoring, and priority support. It is the relevant tier for organizations that need those broader or construction-specific controls.
• Custom — custom pricing: Includes Scale plus board and CFO views, custom integrations, data migration, dedicated environments, and security review support. It is aimed at organizations with enterprise reporting, migration, or environment requirements.

Starter’s stated 25–60 applications per month is the only plan-specific application range given. Teams needing capabilities reserved for higher tiers must weigh those requirements against the substantial increase from Starter to Growth or Scale. Implementation is scoped in weeks rather than quarters, and support advances from email on Starter to priority support on Scale.

Platforms

SCREDIT supports Android, iOS, and web. Its ERP and accounting connectors can be relevant to teams keeping financial records in a separate system.

Who it's for

SCREDIT is aimed at B2B finance and credit teams processing at least 50 applications monthly, especially in manufacturing, wholesale and industrial distribution, construction supply, and FMCG/CPG. It is a stronger fit when application handling, risk scoring, exposure review, and collections need to operate as a connected workflow. Smaller or lower-volume teams may not need that breadth, while businesses seeking an ERP replacement should look elsewhere.

Pros and cons

• Pros: Connects applications, underwriting, exposure, and collections while keeping invoicing and cash application in the ERP.
• Pros: SCONNECT is included across all plans, with customer application, document, invoice, payment, and agreement functions.
• Pros: Scale offers job-level construction exposure controls, alongside multi-entity and multi-currency support.
• Cons: There is no free plan, and more advanced approval, bureau, and collections capabilities require Growth or above.
• Cons: The third-party SOC 2 audit is incomplete, which may not meet the assurance needs of some buyers.

Alternatives

Credit Management Software is a broader category to explore when comparing products for a credit-management workflow.

• Esker Accounts Payable Automation is worth considering for teams seeking a paid accounts-payable product; its pricing is available by contacting Esker or requesting a demo, and it has no free plan or trial.
• CreditRiskMonitor may suit buyers who want a freemium service with North American public and private company coverage, FRISK and PAYCE scores, and unlimited platform access in its Essentials plan, which starts at $8,450 a year.
• CMS CreditSuite is an option for buyers considering self-hosted, web, or Windows deployment; pricing is available by contacting CMS.
• Credisense Trade Credit is a paid web option from Credisense Limited, a New Zealand-based software company, with custom pricing available by inquiry.
• Credit Pulse may fit buyers comparing a paid web service with an API and a free trial; its Starter plan has no minimums and offers optional credit reports at $85 each.
• Datamatics FINATO Credit Management is another paid option with self-hosted and web platforms.
• Emagia Receivables Management is an enterprise receivables option with self-hosted and web platforms and pricing by inquiry.
• Moody’s Trade Credit offers business credit reports through enterprise subscriptions or pay-as-you-go pricing.

Verdict

Choose SCREDIT if your B2B team processes a steady volume of credit applications and wants one workflow for onboarding, decisions, exposure monitoring, and collections without moving core financial records out of the ERP. Its strongest reasons to buy are that connected process and the construction-specific controls at Scale. Look elsewhere if your volume is low, the higher-tier workflow is unnecessary, or an incomplete third-party SOC 2 audit is a blocker.