Up to date information on current or prospective accounts, current information on topics of interest in your profession and the opportunity to network with your peers in the credit profession on a regular basis. If we do not have a credit group in your industry we can work with you to contact others in your industry to set up an exploratory meeting to see if a group can be established. Some of the largest and most successful groups in the country were formed at the request of one credit manager who could see the need for a group. Credit groups are absolutely legal, however, in addition to experienced CMCS staff to organize and establish the groups CMCS always has an attorney on hand to monitor and advise in relation to any issues of antitrust. This is a benefit which is generally not provided by other group managers in the industry.
Information is updated instantly as received.
One of the many benefits of electronic submission of account information is automatic updating. However, for those who submit information manually, CMCS will update the data base within a few hours of receipt of the information. CMCS also handles scheduling, organizing of meetings and publishes a compilation report monthly. There are no extras, except for luncheon and refreshment expenses at the monthly meetings. These annual fees are reviewed from time to time and may vary dependent upon the services desired by the group.