In the last week, I have received calls with questions from two different members of our industry credit group. In both cases, the answer to the question was essentially a click away and I referred the callers to the Encyclopedia of Credit. As some of you already know, access to the Encyclopedia of Credit is available at no charge, and it is searchable by subject. At present, the Encyclopedia of Credit contains well over 1,000 essays on a wide variety of credit and collection related topics, with additional information being added or updated every week.
Don’t get me wrong. I enjoy speaking with other credit professionals, and I consider many of the people in my credit group to be friends as well as colleagues. That said, my decision to refer the callers to this online resource is reminiscent of this old adage:
Give someone a fish and you feed them for a day. Teach someone to fish and you teach them to feed themselves forever.
So, if you are fishing for information on almost any business credit related topic, I think your first step should be to visit the Encyclopedia of Credit website, located at: www.encyclopediaofcredit.com
In my opinion, the information it contains is practical, pragmatic, factual and authoritative. I think it is one of the most valuable resources Credit Management Association makes available to its members and probably one of the least frequently used.
Do you have any other online sources of information that you visit and would like to share with other CMA Members?
Michael Dennis’ Covering Credit Commentary. Michael’s website is www.coveringcredit.com.
The opinions presented are those of the author. The opinions and recommendations do not necessarily reflect the views of CMA, or their Officers and Directors. Readers are encouraged to evaluate any suggestions or recommendations made, and accept and adopt only those concepts that make sense to them.