The index improved dramatically in the last month and for the best of reasons. The CMI (Source: Survey of NCAM Members) collects favorable factors like sales, credit applications submitted, dollar collections and amount of credit extended. It also collects unfavorable data such as rejections of credit application, accounts placed for collection, disputes, dollar amounts beyond terms, dollar amount of customer deductions and filings for bankruptcy. The index improved dramatically in the last month. That is good news for credit information suppliers as new credit applications drives demand for information. To read the full story click on this Link Source: Armada Corporate Intelligence
About The Author
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.
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