Commercial Credit Information: Imperatives for Sharing of Payment Data

Posted by Joachim Bartels | Jul 22, 2012 | BIIA News, Commercial Credit Reporting, Trade Credit | 0 |

A recent survey of the US based National Association of Credit Management (NACM) revealed that 46% of respondents did not share trade payment data with commercial credit information companies (Credit Professionals Split on Sharing A/R Data).

BIIA’s Board Member and Contributing Editor Phil Cotter examines the reasons behind the aversions to share trade payment data and what can be learned from the successes of the data sharing practises of the consumer credit information industry in the United Kingdom.

To read the full report click on the attachment: Commercial Credit Information – Imperatives for Sharing of Payment Data

About The Author

Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.