Credit management software suppliers, OnGuard and Credit Tools have they announced that they have completed their merger. The companyies have announced that the new company will be calledOnguard.

In addition to a cosmetic change, the newly created company will create a software platform in which customers can resolve all issues which arise within the order to cash chain. The company is building an open platform together with its partners and provides easy-to-integrate applications, both on-site and in the cloud.

Bert van der Zwan, CEO of Onguard, said  “Our mission is to embrace the digital transformation and constantly focus on innovation and improving the quality of our products. We are seeing that our customers increasingly need a complete solution for the order to cash process. That’s why our new tagline is ‘Redefining order to cash’. Because we have combined the strengths of both companies in the merger, we are able to expand the functions of the existing software. This allows us to support our clients throughout the order to cash chain – from determining the risk profile, the orders, delivery, the pricing and the billing through to credit management. We thereby help our clients to make themselves futureproof.”