Last week someone asked me why my company joined CMA. I did not have to think long about why we became a member of CMA, it is all about the access to resources. The number 1 reason we joined was the electrical credit industry group. I have been a group member for over 15 years. The other credit professionals in the group at that time were wonderful, excellent credit managers in their own right, that group made me want to get involved.
I learn so much from participating in the group. I can ask questions and not feel uncomfortable. I am exposed to best practices that I can bring back and implement immediately. I developed friendships with people who understood what I face every day. A commitment of two hours every month helps me become a better credit manager, helps my company protect their assets and allows me to contribute to the growth of the credit profession.
Every month I have my credit industry group meeting on my calendar. It is not something I can afford to miss. I make the time to attend, it’s important to me, my company and the other group members. Contribution to and participation in the group is the key to a successful experience. My contribution is submitting our aging report every month so that the group has access to the most current data available. My participation is coming prepared to talk about new ideas, give insight on processes, and discuss upcoming educational opportunities.
One of the most significant parts of the group is the submission of aging information. The aging goes into the CMA database for access on anscers and in group reports. The contribution of your data is so very important, as it makes the meetings so much more valuable to deal with real-world problems. If you are not submitting your data today, please find a way to do it. There are contacts at CMA that can assist. Talk to your IT person to find an easy and simple way to download the data.
I love my credit industry group. I respect the credit managers that are a part of my group. I hope you find the same enjoyment with your group. If you are not part of an industry credit group today, ask why not. Contact CMA to find a group or even better, create a group for your specific industry needs. Please let me know if I can answer any questions about CMA’s credit industry groups.
Melissa Kobus, CCE, is the Credit Management Association Chairman and Regional Credit Manager for Anixter Inc., based in Anaheim, CA. She can be reached at 714-695-2219, or email@example.com