CMA Event to Offer 360-Degree Overview of the Elements of an Efficient Digital Credit Department, March 24-25, 2016.
BURBANK, CA (January 21, 2016)–Credit Management Association (CMA) is collaborating with payment processing solutions partner United TranzActions (UTA) to educate credit professionals with a complete overview of the elements that make up an efficient digital credit department. The CreditScape Spring Summit and Annual Meeting, powered by UTA, takes place March 24-25, 2016 at the Island Hotel in Newport Beach, and features two days of workshop training, expert practical and legal advice, and networking with other credit professionals over the common theme of implementing automation tools and third-party services to increase the overall efficiency and performance of the credit operation.
“We received overwhelmingly positive feedback from participants at our inaugural CreditScape event last fall. Members and other participants told us that they really benefitted from the real-world case studies and practitioners who shared their experiences through panel discussions and workshops. Attendees also appreciated having vendors and sponsors included in problem-solving discussions. Sustainable learning is about shared knowledge and experiences, and this is one way that CreditScape Summits will keep participants ahead of the curve in an ever-changing credit landscape. This will also be much more interactive than the typical teacher-and-classroom experience our audience is used to. For those who are used to staring at their phones and checking email during these types of events, then CreditScape is not for you,” said CMA President and CEO Mike Mitchell.
“In conversations I’ve personally had with members, we believe that it’s not just about finding the right solution provider, but instead determining the diagnosis and solution to efficiency problems. With the help of some of our technology partners, including payment processing solution provider UTA, we’ve developed a program geared towards all sizes of credit departments. Our expert panels will take attendees through the entire life-cycle of process improvement, from identifying credit functions that can be improved through automation and/or outsourcing, to determining and implementing the right solution, to measuring results to determine success. Stay current on best practices and hear from practitioners who have successfully implemented electronic credit applications, A/R automations, business intelligence and other elements of the digital credit department,” Mitchell added.
“Preliminary discussions with CMA members and industry partners have uncovered various capabilities and core competencies that affect credit department efficiency, including automation tools, the quality of customer investigations and evaluations, building relationships with customers and sales, and differentiated collection approaches for large and small debtors.”
“Among the topics to be addressed at the Summit are automating the customer onboarding process, vetting your customers, automating your A/R management process, international resources and government automation tools, emerging technologies that may impact the credit department, and more. The program has a strong group of discussion-leader practitioners from leading companies such as Sony Entertainment, Equinix, Sysco Foods, Ganahl Lumber, Kendall-Jackson, Walters Wholesale, Watsco, SRS Distribution, UTA/United TranzActions, and the U.S. Department of Commerce. These are some of the subjects and practitioners that will drive content and discussion at CreditScape,” Mitchell said.
In addition to the educational program, CMA will also hold its Annual Meeting, which will include the installation of the 2016-2017 CMA Board of Directors, plus the presentation of awards for Credit Executive of the Year, Mentor of the Year and Student of the Year. The Annual Meeting will take place during lunch on March 25.
The event will be preceded by the Credit Executives Symposium on March 23 at the Island Hotel. The one-day event for CFOs and Credit Directors, offers high-level interactive discussions and workshops on the hottest topics in credit management. CreditScape Summits are offered in the Fall and in the Spring, focusing on different aspects of the Credit Management landscape. It is one in a series of in-person educational opportunities offered by Credit Management Association. To learn more about the other sessions and topics, visit www.creditmanagementassociation.org/events or call 800-541-2622.
About Credit Management Association
Credit Management Association (CMA), which was founded in 1883, is a Burbank, Calif.-headquartered trade association with approximately 1,100 member companies representing over 200 different business categories selling regionally, nationally and internationally. CMA focuses on providing products and services that allow companies to make informed business decisions based on trade credit. CMA is one of the largest affiliates of the National Association of Credit Management (NACM), whose 33 affiliates serve all of North America. For more information, call 800-541-2622, or visit www.creditmanagementassociation.org.
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