The National Association of Credit Management: Calendar
- Teleconference: Emerging Trends for Small/Mid-Market Credit Departments: Credit
- NACM Teleconference
Emerging Trends for Small/Mid-Market Credit Departments: Credit
Time: 3:00 - 4:00 pm EST
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Small and mid-market Credit Departments have the challenge of managing receivables with fewer resources available. The smart ones realize they need to learn new ways and understand trends to make the most of available resources to be successful. In this session you will learn:
1) Latest in affordable/no-cost technologies to help you manage your credit files
2) Trends in credit information available to quickly assess credit worthiness
3) Most important factors in determining credit terms and credit lines
4) Determining strategies for offering terms efficiently
5) Reporting needs determined by CFO's and Controllers
Pamela Krank is President of The Credit Department, Inc, a Mendota Heights, Minnesota-based credit management technology and outsourcing solutions provider. Pam started the company in 1993 after 13 award-winning years in the Credit Department of the Fortune 500 Company, 3M.
Her company's mission is to help businesses maximize cash-flow and minimize costs in managing trade receivables by providing sophisticated cloud-based technology, custom processes, and trained personnel in the form of outsourced, virtual credit departments. The service saves her mostly-manufacturing clients from all over the world millions of dollars in interest and bad debt expenses every year.
Pam is a dynamic speaker in demand by trade associations, financial institutions, and credit groups worldwide. She is a graduate of the University of Minnesota's Credit and Financial Management program and is a FasTrac graduate from the University of St Thomas in Minneapolis. She taught entrepreneurship for 10 years at the University of St Thomas and Metropolitan State University. Pam is Past President of the Minnesota Chapter of the National Association of Women Business Owners. She is a frequent webinar leader and speaker on Trade Receivables Best Practices for NACM, Execusense, and CFO Magazine.
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