National Association of Credit Management Selects TermSync as New Preferred Partner

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Columbia, MD: May 5, 2014— TermSync, Inc. was recently selected as the latest addition to the National Association of Credit Management’s (NACM’s) Preferred Partner Program. NACM created the Preferred Partner Program to capitalize on the incredible array of new and improved technology that has been steadily adopted by their member base over the last several years. Partnering with TermSync extends NACM's reach by surfacing the association’s capabilities and many benefits to a large number of users not yet familiar with NACM.

Introduction to and immersion in NACM typically begins with its members participating in industry trade credit groups, where they learn that the easy and efficient exchange of information becomes a critical component of success. The NACM/TermSync partnership will enable users to leverage TermSync’s accounts receivable management platform to extract and report their accounts receivable data as well as gain access to the NACM National Trade Credit Report (NTCR), which will provide a significantly higher return on investment and level of participation in these groups.

TermSync’s cloud-based platform helps companies get paid faster, reduce administrative costs and improve customer relationships. It works with existing accounting systems and can be up and running in a day or less. Companies can choose from various modules including invoice delivery, customer portals, collection workflow management and advanced reporting and analytics. Currently over 150,000 organizations use TermSync to either pay bills, get paid or both.

The NTCR provides a unique window into payment experience, with the ability to connect directly to other suppliers who sell to mutual firms. This factual, unique, accurate, fresh and relevant database continues to grow and expand with the support of the NACM membership and through technology partnerships such as this one with TermSync. The goal of the partnership is to also help NACM members improve their processes by offering discounted access to TermSync’s solution and to strengthen the NTCR’s position as one of the most unique and industry focused databases available today.

“Being selected as a Preferred Partner of NACM is something we’re very proud of,” said Mark Wilson, CEO at TermSync. “We’re thrilled to partner with a trusted organization like NACM and look forward to serving their members. Our users are excited to gain access to the NTCR through our already powerful yet easy-to-use solution.”

“At NACM, our focus is our member. To align ourselves with firms such as TermSync that are customer-centric, relationship based and operate with a long-term focus, fits right in our wheelhouse,” said Robin Schauseil, CAE, president of NACM.

TermSync will be exhibiting their solution and their NTCR integration at NACM’s 118th Credit Congress and Exposition—the premier educational and networking event in the commercial credit industry. The conference will be held from June 8-11 at the Rosen Shingle Creek Resort in Orlando, Florida and TermSync customers who are not yet NACM members can take advantage of a special discount as a result of this new partnership. Simply register at http://creditcongress.nacm.org and use code TSCC14 to receive the member rate.

ABOUT THE NATIONAL ASSOCIATION OF CREDIT MANAGEMENT
NACM, headquartered in Columbia, Maryland, supports more than 15,000 business credit and financial professionals worldwide with premier industry services, tools and information. NACM and its network of affiliated associations are the leading resource for credit and financial management information, education, products and services designed to improve the management of business credit and accounts receivable. NACM’s collective voice has influenced federal legislative policy results concerning commercial business and trade credit to our nation’s policy makers for more than 100 years, and continues to play an active part in legislative issues pertaining to business credit and corporate bankruptcy. NACM’s annual 118th Credit Congress & Exposition is the largest gathering of credit professionals in the world. Media is welcome. Contact Dan LaRusso at 410-740-5560 or danl@nacm.org for more information.

Launched in 2011, the National Trade Credit Report (NTCR) is comprised of NACM affiliates’ local and regional databases. NACM’s Preferred Partner Program helps NACM members easily participate in the NTCR initiative through the software they use on a daily basis. Visit www.tradecreditreport.com/index.php/preferred-partners for more information.

Contact: Michelle Herman, Business Development, NACM National Database Team
Email: michelle.herman@nacmtampa.com
Phone: 310-779-4408
Website: www.nacm.org
Twitter: NACM_National

ABOUT TERM SYNC
TermSync connects thousands of B2B vendors and customers through our standardized, cloud-based platform. Leveraging the collective power of the TermSync network as well as intuitive, non-disruptive technology, our clients are able to improve customer relations, reduce processing costs, increase sales and get paid faster. Our technology operates in tandem with existing workflows, can be up and running in less than a week, and receives rave reviews from our clients and their customers. We are committed to finally bringing B2B post-sale communication into the 21st century! TermSync is located in Madison, Wisconsin. Learn more at www.termsync.com.

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8840 Columbia 100 Pkwy.
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Phone: 410-740-5560
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