Industry Credit Groups
Credit groups are an effective management tool and we manage national, regional, local and online groups. These groups permit credit professionals of different companies servicing the same customer, regardless of industry or trade, to compare information on collection history and provide a forum for the exchange of data as to the most recent payment practices. The purpose of exchanging information is to help group members segregate fiction from fact, so that individually competent and realistic credit decisions about a customer can be made. Credit groups provide members in the same field of business an opportunity to participate regularly in informative round table discussions of accounts, as well as share concerns about credit management procedures and techniques. Credit groups operate in virtually every industry, from advertising to construction, from food supply to industrial supply, from agriculture to steel. More than 1,500 industry credit groups are sponsored and operated by NACM; association personnel act as secretaries and meeting monitors. Most of these groups are local or regional in nature; some 200 are national in scope. For specific information about NACM-OHIO Industry Credit Groups, please contact us. We are always interested in starting new groups to meet the needs of our members!
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