NACM-National and NACM affiliates from around the nation proudly unveiled a website for the NACM National Trade Credit Report (NTCR) Friday.
The site (http://www.tradecreditreport.com) is designed to educate potential users on the NACM National Trade Credit Report by providing information on various aspects of what is included in the reports, viewable samples, downloadable brochures and links to help find NACM affiliates selling the NTCR, among other features. The NTCR illuminates elements such as credit scores, trade payment data and oft-requested “days beyond terms” statistics among tools drawn from a growing database fed by more than 10,000 businesses and 1,000 trade groups nationwide.
In a 2011 interview about the evolving NTCR, NACM Tampa President Bill Meeker said, "We’re bringing this report out emphasizing the trade. When you get to talk about trade groups, you’re talking about pure industry trade, how they’re paying in their own industry. While it’s important to see other trades, the first need is ‘I want to see how they’re paying in my industry.’”
Demos of the product will be available at the NACM Expo booth at the 2012 Credit Congress in Grapevine (Dallas), TX. For more information on Credit Congress, or to register, visit http://creditcongress.nacm.org/. Additional explanation and analysis of some of NTCR’s “nuts and bolts” is featured in the May issue of Business Credit, which is available online to NACM members at www.nacm.org.
-Brian Shappell, CBA, NACM staff writer