CreditScape 2019 in Photos

The 2019 CreditScape Spring Summit, which took place May 15-17 at the D Hotel in Downtown Las Vegas, provided a wealth of information for credit and finance professionals. CreditScape covered a series of timely topics, including the multigenerational workplace, automation in the credit department and the future of credit, effective credit applications, how to be a better credit manager, social media tips and tricks, international topics such as Incoterms and Exporting Success, and much more.

“This year’s CreditScape Summit was outstanding. Topics covered were very timely and the speakers were well versed in the subject matter,” said Gent Culver of IGT. “There was excellent participation and discussions on all topics. It was a good, diverse group of participants.”

Based on the early results of the post-event survey, attendees said the event met or exceeded their expectations, providing many ideas to implement back in the office.

“It is definitely comforting that CMA has your back in a business sense. You cannot go wrong learning more about your business, procedures, employees while exploring what is working and what improvements are available,” said attendee Regina Howe of State Restaurant Equipment.

Thanks to the attendees, our sponsors (AG Adjustments, United TranzActions, Ansonia Credit Data, Bectran, Esker, NCS, High Radius, D&B, Experian, Equifax) and our partner organizations (BCMA, Federation of Credit and Finance Professionals, NACS Credit Services and Southwest Business Credit Services) for their support of the event, and we look forward to having you at the next one in Fall 2020!

Scroll below to see some photos from CreditScape 2019!

The CreditScape 2019 Spring Summit provided plenty of education and networking opportunities with some of the best credit and finance professionals on the West Coast.

 

 

 

 

 

 

 

 

 

Sessions like “The Future of Credit” (above) provided plenty of opportunities for thoughtful discussion.
The CreditScape 2019 Spring Summit provided plenty of education and networking opportunities with some of the best credit and finance professionals on the West Coast.

Michael Williams of United TranzActions moderated the panel discussion on Automation in the Credit Department.

The CreditScape 2019 Spring Summit provided plenty of education and networking opportunities with some of the best credit and finance professionals on the West Coast.

Breaks and lunches provided for a great opportunity to network with the best in credit and finance!

 

The CreditScape 2019 Spring Summit provided plenty of education and networking opportunities with some of the best credit and finance professionals on the West Coast.

Team High Radius at the Speed Networking event, always one of the most popular at CreditScape.
The CreditScape 2019 Spring Summit provided plenty of education and networking opportunities with some of the best credit and finance professionals on the West Coast.

Representatives from some of the most well-known companies in credit and finance attended CreditScape, including event sponsor Experian.

The CreditScape 2019 Spring Summit provided plenty of education and networking opportunities with some of the best credit and finance professionals on the West Coast.

Panel discussions offered a welcome alternative to the classroom-lecture style event, one of the key differentiators of CreditScape over similar events.

The CreditScape 2019 Spring Summit provided plenty of education and networking opportunities with some of the best credit and finance professionals on the West Coast.

Dominic Biegel of Bectran explains the benefits of Bectran’s automation tools during the Vendor Marketplace at CreditScape.

The CreditScape 2019 Spring Summit provided plenty of education and networking opportunities with some of the best credit and finance professionals on the West Coast.

Pat Sims of event sponsor AG Adjustments discusses outside collection success with CreditScape attendees.

The CreditScape 2019 Spring Summit provided plenty of education and networking opportunities with some of the best credit and finance professionals on the West Coast.

Russell Daron and Kathleen Dasal of event sponsor Ansonia Credit Data discuss credit reporting during the vendor networking event.

Michael Williams of event sponsor United TranzActions and Matt Fluegge of WorldPay/Vantiv are all smiles at CreditScape.

Team High Radius partake in their first CreditScape.

The CreditScape 2019 Spring Summit provided plenty of education and networking opportunities with some of the best credit and finance professionals on the West Coast.

Jon Seaman of Esker discusses AR automation tools with CreditScape attendees.

The CreditScape 2019 Spring Summit provided plenty of education and networking opportunities with some of the best credit and finance professionals on the West Coast.

Collaboration and networking opportunities at CreditScape provided plenty of takeaways for attendees.

The CreditScape 2019 Spring Summit provided plenty of education and networking opportunities with some of the best credit and finance professionals on the West Coast. The CreditScape 2019 Spring Summit provided plenty of education and networking opportunities with some of the best credit and finance professionals on the West Coast.

Always eager to volunteer, Bob O’Brien from sponsor Dun & Bradstreet announces the winner at the reception for CreditScape.

The CreditScape 2019 Spring Summit provided plenty of education and networking opportunities with some of the best credit and finance professionals on the West Coast.

What are the benefits of contributing your company’s full A/R to CMA?

Contributing your company's data to CMA is easier than you think
It’s easier than you think

 

Are you looking for an additional incentive to get your slower-paying customers to pay faster? Here’s one more: by submitting your accounts receivable data to Credit Management Association, you can positively (or negatively) affect your customer’s payment history, as the information is aggregated safely and securely with other CMA members on anscers and Ansonia Credit Data.

In your busy workplace, credit requests are constantly coming in, and it takes time to do the research to fill them out. By submitting your A/R to CMA electronically, your credit department operations will be more efficient and you will benefit from the collective results of other like companies.

Within your vertical market, the more information you submit, the more information reported, the more complete the credit reporting. In turn, those contributors will be better equipped to make business decisions based on extending trade credit. But to give you further incentive to submit your full A/R (other than providing an additional collections tool and saving time), here are some additional benefits.

  • Data submission is done over a safe and secure server, so you can be sure that your data doesn’t get into the wrong hands.
  • Thousands of companies like yours nationally contribute data to the database, accounting for more than 12 million lines of trade data, creating a greater likelihood you’ll find information about the companies you’re looking for.
  • Your actions can help reduce fraud in your vertical market.
  • Your actions support the CMA Credit Community.
  • Data contributors receive 10 free CMA Credit Reports annually.

We appreciate your support, as CMA aims to provide the most complete data to help guide your business decisions.

What are you waiting for? Call CMA’s Member Relations Department at 951-672-0581 and begin contributing now!

anscersX Commercial Credit Report Adds Ansonia, International Data to Multibureau Report

CMA’s anscersX report now offers up to four domestic credit bureaus, Dun & Bradstreet, Equifax, Experian, Ansonia Credit Data, and a comprehensive International report spanning 18 countries on demand. No contracts or minimum purchases required.

CMA’s anscersX report now offers up to four domestic credit bureaus, Dun & Bradstreet, Equifax, Experian, Ansonia Credit Data, and a comprehensive International report spanning 18 countries on demand. No contracts or minimum purchases required.

September 18, 2018 – Las Vegas, NV – In response to requests for easier access to information and a growing preference for transactional reports over credit reporting contracts, Credit Management Association™ (CMA), in partnership with Trade Information Exchange (TIE), has enhanced the anscersX combined Commercial Credit Report. The report will now include otherwise difficult-to-obtain results from small- to medium-sized businesses from Ansonia Credit Data, complementing data from the big three bureaus. An additional international report option is also now available, with data from 18 countries.

“Since it was launched in 2012, the anscersX Credit Report has been among the most popular of CMA’s member benefits. Many of our members, which are small to medium-sized companies, have told us that they prefer to pull reports on a transactional basis without having to sign a long-term contract. Larger companies, with contracts with one of the bureaus offered, can take advantage of the on-demand access to one or more of the other bureaus (if extra due diligence is warranted),” said CMA President and CEO Kim Lamberty, CAE. “This adds to the overall array of benefits that CMA offers its members and transactional customers by allowing them to select the specific bureaus they need on a case by case basis. Prices for the reports can fit any budget.”

Combining data from D&B, Equifax, Experian, CMA and Ansonia Credit Data is a unique approach developed by TIE. “The main advantage of the anscersX Report is that it combines data from up to four major providers giving them a more complete picture of their customers on one report. We put a lot of effort into combining the data from multiple data sources in an easily understandable way. The anscersX reports provide the data and scores needed for most credit decisions,” offers Robert Shultz, the TIE Managing Partner.

The new international anscersX report spans companies in 18 countries, including detailed company information, complete financial statements, key ratios, credit score and contact information for companies: United Kingdom, Belgium, Denmark, France, Germany, Ireland, Italy, Luxemburg, Netherlands, Norway, Sweden, Cambodia, Malaysia, Myanmar, Thailand, Vietnam, Mexico, and Afghanistan. Since the report is web based, companies with offices throughout the world can access anscersX as well.

The anscersX Report is helping credit departments with limited time and resources gather credit information quickly. “It is worth it to get an answer in minutes as opposed to calling all the trade references on a credit application,” says anscersX user Mary Donaldson, Office Manager, Worthen Equipment Inc.

Judy Bennett, Credit Manager, Brown-Strauss Steel,also likes the ease of use, “I have pulled several anscersX Reports and have been pretty happy with the results. We will continue to order anscersX Reports.”

“CMA members and customers tell us that maintaining multiple contracts with providers can be time consuming and expensive. We needed to make access to information easier and less expensive by offering a one-click combined report,” shares Lamberty. “anscersX Combined Business Credit Report attempts to solve that issue.”

anscersX is one in a variety of credit reporting and other solutions that are aimed at making a credit professional’s job easier. For more information about CMA or its services, visit www.CreditManagementAssociation.org or call 818-972-5300.

The domestic anscersX Combined Business Credit Report is available on a transactional basis, online, by registering on CMA’s services site anscers.com. Pricing ranges from $12.95 to $97 or depending on the data sources you choose. All international reports are priced at a flat rate of $40 per report. There are no contracts, no minimums, no hassles and instant access.

CMA’s anscersX report now offers up to four domestic credit bureaus, Dun & Bradstreet, Equifax, Experian, Ansonia Credit Data, and a comprehensive International report spanning 18 countries on demand. No contracts or minimum purchases required.

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About Credit Management Association™ : Credit Management Association (CMA) is a non-profit association that has served business to-business companies since 1883. CMA helps credit, collection, and financial decision-makers get the information and support they need to make fast, accurate credit decisions. In addition, CMA assists insolvent companies with workouts or liquidation through cost effective alternatives to bankruptcy.

Contact: Alan Dicker – adicker@emailcma.org – 818-972-5344; www.CreditManagementAssociation.org
or www.anscers.com

About Trade Information Exchange (TIE): TIE provides the technology to gain instant access on demand to trade credit report products and services for the manufacturing, distributing, and construction industries. With TIE, the promise is faster, less expensive, more accurate, industry-specific credit information on companies. The company has years of industry-specific experience and a small-company attitude toward customer service.
Contact: Robert Shultz – 805-520-7880

How to Find Credit Information About Your Customers by Using the CMA Credit Report, by Kim Lamberty, CAE

It’s hard to believe that 2018 is nearly half over. Time passes way too quickly!
At CMA, this has been one of the busiest years I’ve seen, as we are continuing to work on exciting new initiatives that will help your company’s credit and finance teams.

I love the opportunity to talk with members and customers; lately during these conversations we discuss cost savings and doing more with less. These issues are affecting every business. Utilizing cost-effective tools is one way to adhere to budget restrictions and bring efficiencies to the Credit Department. We’ve been looking at different solutions to help solve these issues and to that end I’m happy to tell you about the brand new CMA CREDIT REPORT. This report is a cost-efficient way to access data for small- to medium-sized companies that are not usually reported to the larger credit bureaus.

The CMA Credit Report, which is the result of a partnership with data provider Ansonia Credit Data, offers payment trends and experience on your customers so that you can make informed credit decisions. The report includes payment history, bankruptcies, risk score, balance, days beyond terms and more. Better yet, the report is available at an affordable price point: CMA members get 5 free reports to try during their membership calendar year, and then pay $12.95 per additional report. Members who contribute their data to CMA get an additional 5 free reports, and pay $10.95 per additional report.

The report is also integrated with anscersX, our multi-bureau reporting solution that allows users to get the most-used data elements from the major bureau reports with one click.

We are excited to hear from our members on your thoughts on the new report. We hope you enjoy this new benefit, and that it’s useful in your credit decision making process.

Two Billion Reasons Why You Need to Know the anscersX Multibureau Trade Credit Report, by Bob Shultz

anscersX Report

Do you have to make tough credit decisions quickly? How would you like to have the power of over two billion trade credit experiences available to you from the three most reliable sources on the planet? What about having credit scores and valuable facts on a company’s history at your fingertips immediately when the credit request lands on your desk?

In today’s competitive environment, informed credit decisions must be made quickly to get product out the door. Your company expects credit to support Sales and drive revenue. At the same time, credit decisions must be within your company’s risk tolerance with a likelihood of prompt payment.

This was the thought behind CMA’s anscersX Multi-Bureau Trade Credit Report. anscersX provides all the above and more from Dun and Bradstreet, Experian, Equifax, Ansonia and international data from CreditSafe International. You choose which bureaus you want to see. You pay only for what you get. The report is online and delivered to your workstation within seconds of ordering it.

anscersX provides all of the information you need to make most credit decisions. A Paydex Score from Dun and Bradstreet, Intelliscore from Experian and a Business Risk Score from Equifax, along with over two billion current trade lines, trends, details about the company and public records of suits, liens or judgments.

There is a side benefit to those of us in credit who must defend our decisions. Using powerful information such as the anscersX report will help justify any decision you make. If there are questions or push-back, you are locked and loaded to illustrate why you came to the conclusions you did.

Consider the anscersX report if any of the following are true:

  • Your monthly requirements do not justify a costly contract with one or more of the bureaus.
  • You are looking for a more efficient and cost effective way to order reports from multiple bureaus.
  • You have a contract with one of the major bureaus but want reports from additional sources.
  • You have a limit on the number of reports you can order from a bureau, anscersX can conserve usage.
  • A multi-bureau report will give additional insight into a higher risk prospect or customer.

The best thing you can do for yourself today is to go to anscers.com and check out anscersX, or read information about it here (including sample reports). It is brought to you by Credit Management Association for the benefit of the credit management community.

Robert S. Shultz is a Partner at Quote to Cash Solutions (Q2C) LLC, and a frequent speaker at CMA-sponsored and other credit events.