IODM signs strategic alliance agreement with National Credit Insurance

05 May 16

"Melbourne, Australia –- May 5, 2016: Paradigm Metals Limited (“Paradigm” or “the Company”) is pleased to announce that IODM has entered into a Strategic Alliance Agreement with leading Australian, New Zealand and Asian insurance credit broker National Credit Insurance (NCI).


IODM Managing Director, Damian Arena said the deal strengthens IODM’s end-to-end capability for all aspects of the debtor management cycle on the one platform.


“We’re delighted to be able to enhance our solution with this new partnership with NCI,” he said. “NCI offers a natural extension to our service offering and provide synergies between both companies."


“IODM’s automated debtor management platform combined with NCI’s tradecredit insurance and credit risk management solution provides an additional level of security for business which is clearly an attractive value proposition,” he said.

 

NCI Managing Director Kirk Cheesman said: “We have worked closely with IODM and believe there is a clear opportunity to provide real value to our clients by helping them reduce the administrative burden of collecting outstanding debtors via IODM’s system.”


Arena continued: “It’s an exciting time for IODM and we are building on significant momentum from last quarter in terms of further expanding our distribution model. The relationship opens up new growth opportunities for both IODM and NCI and cements our position as a differentiated end-to-end hub that controls all the parameters of the accounts receivable management lifecycle,” he said."

 

Damian Arena, IODM Managing Director