NACM Southwest is an 800 member not-for-profit trade association providing services to the business credit manager. Our purpose is to educate and provide the professional tools necessary to help ensure the success of the credit manager. We service many industries with our over 30 industry credit groups. NACM Southwest has served the credit community since 1908.
Additionally we are an affiliate of the National Association of Credit Management whose membership is 17,000 strong. www.nacm.org
The Credit Managers’ Index (CMI) is created from a monthly survey of credit and collection professionals. The CMI survey asks NACM members to rate favorable and unfavorable factors in their monthly business cycle. Favorable factors include sales, new credit applications, dollar collections and amount of credit extended. Unfavorable factors include rejections of credit applications, accounts placed for collections, dollar amounts of receivables beyond terms and filings for bankruptcies. The results provide a benchmarking and forecasting tool that looks at the entire cycle of commercial business transactions. The CMI has gained rapid acceptance among the business and financial community as an economic indicator to both watch and report on.
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