Account Monitoring
Know when meaningful changes occur within your customer accounts receivable portfolio.
NACM Account Monitoring helps credit professionals identify changes in customer credit activity by comparing your contributed accounts receivable information with data available through the NACM National Trade Credit Report.
Credit conditions change. Your credit team should know.
Monitoring can help draw attention to customers experiencing changes that may deserve additional review.
Credit information is more valuable when you know something changed.
A customer’s financial condition can change quickly. Account Monitoring gives your credit department another way to identify potentially important developments without manually reviewing every account in your portfolio.
Monitoring criteria can be customized to reflect the information and risk thresholds that matter to your organization. When monitored conditions are identified, your credit team can review the customer and determine whether any change in credit strategy is appropriate.
Turn your A/R contribution into an early-warning resource.
Account Monitoring combines electronic accounts receivable contribution with NACM commercial credit information to help identify changes within your customer portfolio.
Contribute A/R Data
Your company electronically contributes accounts receivable aging information to NACM.
Choose Your Criteria
Define the aging balances, dollar amounts, alert codes and public-record activity important to your credit department.
Monitor Activity
Your customer portfolio is compared with information available through NACM credit reporting resources.
Review Alerts
When selected monitoring conditions are identified, your credit team can review the account and determine the appropriate response.
What information can be monitored?
Monitoring criteria can be customized to fit your company’s credit policies and risk-management objectives.
Accounts Receivable Balances
Monitor customer balances based on selected aging categories and dollar thresholds.
- Current balances
- 30-day aging
- 60-day aging
- 90-day aging
- 120+ day aging
- Custom dollar thresholds
Member Credit Alerts
Monitor selected credit experiences submitted through the NACM member network.
- Account sent to attorney
- Account placed for collection
- Payment returned for insufficient funds
- Out of business
- Stop payment on check
- Bad debt write-off
Public Records
Public-record developments may indicate that a customer’s financial condition deserves additional review.
- Claim of Lien
- Tax Lien
- Judgment
- UCC activity
Bankruptcy Filings
Monitor your customer portfolio for bankruptcy filing activity with nationwide bankruptcy coverage.
Don’t wait for the next aging report to discover a problem.
Credit risk management is more effective when your team can identify important changes early and determine whether additional review or action is appropriate.
Earlier Awareness
Identify potentially important changes before they become obvious through your own payment history.
Less Manual Review
Focus attention on accounts where meaningful activity has occurred instead of repeatedly reviewing every customer.
Custom Risk Thresholds
Configure monitoring around the balances, aging categories and events that matter to your company.
Better Credit Decisions
Give your credit team additional information when reviewing credit limits, payment terms and collection priorities.
Account Monitoring Requirements
Account Monitoring is available to qualifying NACM members participating in electronic data contribution.
NACM Membership
Your company must maintain membership with NACM to participate in the Account Monitoring service.
Electronic Data Contribution
Accounts receivable aging information must be contributed electronically to the NACM National Trade Credit Reporting Database.
No Additional Account Monitoring Charge
Account Monitoring is currently offered as a membership benefit to participating electronic data contributors.
Better data supports better commercial credit decisions.
Accounts receivable information contributed by participating members becomes part of the NACM National Trade Credit Report and helps provide NACM members with current commercial payment experience.
Put Account Monitoring to work for your credit department.
Contact NACM South Atlantic to discuss electronic data contribution, monitoring criteria and how Account Monitoring can complement your company’s credit-management process.
