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Hansen Technologies Announces Partnership with ONLINE Information Services, Inc., to Offer Integrated, Real-Time Credit Risk Assessment Tool

April 23rd, 2024 – Hansen Technologies (ASX:HSN), a leading global provider of software and services to the energy, water and communications industries, is pleased to announce a partnership with ONLINE Information Services, Inc. which will include the integration of ONLINE’s premier risk assessment and bad-debt elimination tool, the ONLINE Utility Exchange, with Hansen CIS for North America.

Through its partnership with ONLINE Information Services, Hansen will offer an integrated, real-time credit risk assessment, and Red Flag compliance tool, to their customers. The ONLINE Utility Exchange will utilise application data entered in Hansen’s platform to verify the applicant’s identity, return an accurate deposit decision according to the utility’s policies, and highlight the applicant’s previous payment experiences with other utilities from ONLINE’s unique national Utility Exchange database. The integration with Hansen CIS is scheduled for completion by the end of 2024.

Both Hansen and the ONLINE Utility Exchange will participate at the upcoming edition of CS Week, set to take place in Fort Worth, Texas, between April 30th and May 2nd. For more information on this, click here, and don’t forget to visit the Hansen team at booth #1215 during the three-day event.

John Baksa, President for Americas Utilities at Hansen, commented: “By partnering with ONLINE Information Services, Inc., we at Hansen look forward to working together with the nation’s leading risk-management organisation and credit bureau for the energy and utilities sector in North America. At a time of great change in the sector, we believe our customers will benefit greatly from the new support services now available with the integration of Hansen CIS with the ONLINE Utility Exchange.”

For further information about Hansen Technologies, please visit www.hansencx.com.

–ENDS–

About Hansen
Hansen Technologies (ASX: HSN) is a leading global provider of software and services to the energy, water and communications industries. With its award-winning software portfolio, Hansen serves customers in over 80 countries, helping them to create, sell, and deliver new products and services, manage and analyse customer data, and control critical revenue management and customer support processes.
For more information, visit www.hansencx.com

About the ONLINE Utility Exchange
Established in 1956 as a credit bureau and collections agency, ONLINE Information Services, Inc. is currently the nation’s leading developer of risk management and debt recovery solutions for the utility, property management, healthcare and mortgage industries. Serving over 1,100 utilities throughout the nation, the ONLINE Utility Exchange is a utility-specific credit bureau with the single focus of providing the tools necessary to assess risk and eliminate bad debt.
For more information, visit www.ONLINEUtilityExchange.com

Contacts:
Adnan Bashir
Global Lead, External Communications
Hansen Technologies
+1 647-204-0999