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National Association of Credit Management, Driving Results

 

National Association of Credit Management, Driving Results

Measuring the Effect of Credit





What impact did the credit department really have on the monthly aging? Accurately measure and graphically display the exact impact a credit department has on their monthly aging. Enter two consecutive months of data in the green cells below and compare the effect of sales changes vs credit and collection efforts has on each column of the aging bucket.

Effect of Monthly Sales vs Credit Efforts on Accounts Receivable Percentages
Current Month A/R Figures
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Prior Month A/R Figures
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Fill in the balances for each aging bucket to compare two consecutive months.
 
          
Analyze
Results
Sales Effect
Credit Effect
The chart showing Series 1 series.
The chart showing Series 1 series.


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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

Florida Notice of Nonpayment new statutory form required October 1, 2019
10/23/2019
Urgent Notice to all Florida Notice to Owner Customers On June 7, 2019, Governor Desantis signed HB 1247 (Chapter 2019-94, Laws of Florida). The bill mandates a new statutory form for a Notice of Nonpayment on both public and private bonded projects. In order to preserve and protect your right to a claim against a […]
Latest Florida Supreme Court Holding on Unlicensed Contractor’s Lack of Rights to Enforce Contract
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 […]
Legislature Addresses Lack Of Recorded Bonds For Public Projects
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 […]
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  • Orlando FL 32810 USA
  • P: + 1 (407) 299 7491
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