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National Association of Credit Management, Driving Results

 

National Association of Credit Management, Driving Results

Account Monitoring (under construction)





Account Monitoring provides a daily email when monitored changes happen within your customer accounts receivable portfolio when compared to data with NACM National Trade Credit Report. The change might be a tax lien, judgment, or a large past due account balance on one of your customers.

What are the requirements for account monitoring?

Membership with NACM and electronic data contribution are the requirements for using the account monitoring service. There is no additional charge and we happily offer the service as one of the benefits of membership.

Details for Electronic Data Contribution and the file specification are available here. All A/R data contributed becomes part of the NACM National Trade Credit Report and is available exclusively to NACM members.

What information is monitored?

Each of the settings below can be customized to fit your specific needs. We suggest the minimum settings to include alerts for bankruptcy and public records.

  • Monitor A/R Balances only
    • Specify an aging bucket, current, 30, 60, 90, or 120 days plus
    • Specify dollar amount to monitor, $10,000, $20,000, etc.
  • Monitor alert Codes submitted by NACM Members
    • Account sent to attorney
    • Account placed for collection
    • Payment returned - non-sufficient funds
    • Out of business
    • Stop payment on check
    • Bad debt write off
    • We can also set a minimum or maximum amount related to the codes.
  • Alert for UCC's
  • Alert for Bankruptcy Filing (nationwide coverage)
  • Public record types monitored
    • Claim of Lien
    • Tax Lien
    • Judgment

More details coming... please check back soon.




NACM South Atlantic

NACM LogoNACM provides support services, business credit information, and credit education. We feature exclusive productivity tools, NiTRO, for high volume Florida Notice to Owner customers, Portfolio Risk Analysis for managing accounts receivable risk, and RecordingFast™ for recording legal documents (construction liens, satisfactions, & notice of commencement)  electronically. NACM is a member owned organization providing customers with networking opportunities like industry credit group meetings, Credit Congress, and regional educations conferences. Members have exclusive access to the National Trade Credit Report and member only discounts on all services.

   Latest News

3/22/2013
NACM South Atlantic Members, I thought our members would be interested in reading the attached Florida Supreme Court case which is absolutely definitive as the fact that an unlicensed contractor has no rights to defend or recover under its contract, even when the other party to the contract is aware of or condones the fact that the […]
9/19/2012
By Deborah Lawson, Governmental Affairs Consultant Best estimates are that 40-50 percent of all bonds for public construction projects are not properly recorded in the public records as required by statute.  The 2012 Legislature acknowledged this deficiency and imposed a penalty on the general contractor for failure to record the payment and performance bond(s). HB […]
9/19/2012
Brace yourself; did you know there are eleven amendments on the November ballot? Two deal with religious freedom, two address veterans issues, one on public funding of abortions, one on health services, one on the state courts, four dealing with taxes and homestead exemptions and one on the college/university system. All of the amendments were […]
Latest News Page:1[2]

Contact Us

  • NACM South Atlantic
  • 6290 Edgewater Drive
  • Orlando FL 32810 USA
  • P: + 1 (407) 299 7491
  • T: + 1 (800) 393 6226
  • More contact options...

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