May 29, 2003: Orlando, FL—The National Association of Credit Management (NACM), source of the Credit Manager’s Index, a nationally recognized economic indicator, is holding their annual conference—the 107th Credit Congress—at the Swan & Dolphin Hotel in Orlando, June 1-4. NACM’s annual conference is the largest gathering of credit professionals anywhere in the world. Credit executives and professionals, whose job it is to decide whether their manufacturing or service companies should extend credit to business customers, gather annually for this premier educational event.

“Business credit is an integral part of the American economy,” said Robin Schauseil, President of NACM. “NACM provides members with insight into credit management trends and decision-making, as well as the expertise and tools to support them as they navigate the ever-changing credit landscape.” The credit department is often the department that ends up chasing unpaid bills.

“Credit executives must work hand-in-hand with key corporate treasury decision-makers at their businesses in order to successfully manage their company’s working capital. The educational sessions available at Credit Congress provide NACM members and other attendees with a forum to explore subjects that are of mutual interest and concern, and provide a resource for expertise on banking, financial reporting and treasury services,” she added.

“ Additionally, many people in the credit field today have little experience dealing with the issues that emerge during a slow economy, as we’ve experienced the last couple of years” she said. “These professionals want to learn everything they can about how to manage a business in this kind of business environment. They know that NACM is the place to come for this information. Our conference features both domestic and international experts in the field of business credit: people who have the information and solutions to solve the issues that they face—every day.”

Attendees will learn how to judge the direction a company or perhaps an entire industry is headed, how to identify a company in a downslide, how to analyze management's record for turning a company around and other criteria needed for working as a credit manager in our present economy—both domestically and globally. The event will feature more than 70 professional development and educational sessions. There are six tracks attendees may follow: Credit Management, the Legal Environment of Credit, Credit and Technology, Financial Analysis, International Credit and Business Skills. Onsite convention registration is available at the Swan & Dolphin Hotel, June 1-4.

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About NACM: The National Association of Credit Management (NACM), headquartered in Columbia, Maryland supports more than 25,000 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 and education, delivering products and services which improve the management of business credit and accounts receivable. NACM’s collective voice has influenced legislative 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. More information is available at www.nacm.org, or contact Norma Heim at 410-423-1842.

For more information contact Norma Heim at 410-423-1842.