201512 CM December

More documents

Recommendations

Info

IS IT TIME TO GET QUALIFIED? WITH busy work and personal lives, study towards qualifications can be hard to fit in. Also expectations about qualification levels vary between organisations. However, as new classes start in January for CICM qualifications, is it time that you signed up? Choose an answer for each to help make your decision. 1. Which option best describes your department? A. Best practice team, high expectations and regular improvements. B. New manager introducing new processes. C. First class manager, successful department with new initiatives D. Experienced manager and established procedures. 2. The training I receive is: A. Comprehensive and ongoing. B. Changing, our manager plans to offer more. C. Targeted to meet specific requirements. D. Limited, mainly support from an experienced colleague when I started. 3. What additional support do you receive? A. KPIs and personal development plans reviewed in monthly one-to-ones. B. Recent introduction of more regular one-to-ones with our line manager. C. One-to-ones to review KPIs with line manager. D. Some advice at departmental meetings and an individual meeting with the manager if there’s a problem. 4. Which option best describes your department’s approach to qualifications?: A. Established qualification pathway for the credit team B. Manager encourages engagement in qualifications. C. Limited focus on qualifications. D. Qualifications are not valued – personal qualities and experience thought to be more important. 5. Which option best describes your views about qualifications?: A. They are highly valued and make a significant difference to people’s knowledge, skills and confidence. B. Our manager thinks they are important but I don’t want to get involved at the moment. C. Personality and experience are more important than qualifications. D. Never really thought about it. Is it time for you to get qualified? Mainly As You’re probably already partly qualified being lucky to be in a department which supports personal development and recognises the value of qualified credit professionals. Look out for advice in Study Updates and aim to progress to the Level 5 Diploma in Credit Management. The Level 5 Diploma will get you involved in a range of projects which will raise your skills tremendously and make a significant difference at work. Mainly Bs Your manager is obviously keen to support you. Why not give it a go? A local class would be perfect because you’d have plenty of support. If there isn’t a class nearby, perhaps try a CICM Virtual Classroom. Classes are interactive and you meet regularly with your teacher and class over the web. If you don’t fancy this at the moment, perhaps have a go at an assignment on cash collections or telephone collections? I bet your manager would give plenty of support. Mainly Cs Sounds like you are good at your job and work in an exciting department. It is a shame though that few have invested in qualifications because these would broaden your knowledge and skills and help your department move into another league. If you’re a large department, ask about CICM corporate membership or if your company would offer an in-company evening class for credit management. If a group shows interest you are likely to get support. Just think how stimulating it would be to spend time with a class of like-minded people and a first rate credit management teacher. Mainly Ds You should definitely try a qualification course. It would help fill gaps in your understanding and give you confidence. Why not start with the credit management unit? In classes you would meet other credit professionals and discover new aspects about credit management which will make you better at your job. Also qualifications may give you opportunities in the future. Visit cicm.com to view more about your options, or contact one of our education advisors to find out more. Book a place early to avoid disappointment because classes, particularly for CICM Virtual Classrooms, fill up quickly. For details E: professionalqualifications@cicm.com. 48 December 2015 www.cicm.com The recognised standard in credit management
www.portfoliocreditcontrol.com At Portfolio Credit Control we pride ourselves on our commitment to service delivery, business ethics, honesty and integrity and ensuring our service exceeds your expectations every single time. We have achieved enormous growth over the last couple of years because we offer a uniquely specialist approach that no-one else in the market provides and our goal is to be the largest specialist recruiter of Credit Control staff in the UK. We know Credit Control and we also understand what makes a good Credit Controller and the correct skills to succeed in this industry. If you are planning to recruit or looking for the next step in your career please get in touch with the Credit Control recruitment specialists on 0207 650 3199 or contact us at recruitment@portfoliocreditcontrol.com. We look forward to working with you. ROLES WE RECRUIT FOR: CREDIT CONTROLLER SENIOR CREDIT CONTROLLER CREDIT MANAGER HEAD OF CREDIT CONTROL CREDIT AND BILLING MANAGER COLLECTIONS ASSISTANT COLLECTIONS MANAGER SALES LEDGER/ACCOUNTS RECEIVABLE CREDIT ANALYST THE CREDIT CONTROL RECRUITMENT SPECIALISTS tel:020 7650 3199 The recognised standard in credit management New Liverpool House, 15 Eldon Street, London EC2M 7LD email: recruitment@portfoliocreditcontrol.com www.cicm.com December 2015 49
Page 1 and 2: CREDIT MANAGEMENT CM DECEMBER 2015
Page 3 and 4: CONTENTS DECEMBER 2015 www.cicm.com
Page 5 and 6: The recognised standard in credit m
Page 7 and 8: CROSS BORDER PAYMENTS MADE EASIER F
Page 9 and 10: CICM NEWS SCOTTISH INSOLVENCIES DOW
Page 11 and 12: INSOLVENCY NEWS COMPLAINTS - CONSIS
Page 13 and 14: ASK THE EXPERTS DIRTY DANCING Steph
Page 15 and 16: ASK THE EXPERTS Conversely, where a
Page 17 and 18: Rodger of Earlsferry described as
Page 19 and 20: INTERVIEW • DEMSA • STILL TALKI
Page 21 and 22: INTERVIEW Being authorised and unde
Page 23 and 24: The B2B debt recovery specialists T
Page 25 and 26: Hoist Finance. Season’s greetings
Page 27 and 28: FEATURE SPECIAL But in the purest s
Page 29 and 30: Both descriptors are technically co
Page 31 and 32: THE CICM British Credit Awards 2016
Page 33 and 34: OPINION DEEPER POCKETS Salaries are
Page 35 and 36: Does my bum look big in this? Impro
Page 37 and 38: 67 56 45 43 23 12 01 0 9 7 6 5 4 3
Page 39 and 40: INTERNATIONAL TRADE INDIA SPICES UP
Page 41 and 42: THE RECOGNISED STANDARD IN CREDIT M
Page 43 and 44: HR MATTERS HR MATTERS Gareth Edward
Page 45 and 46: CICM IS THE RECOGNISED STANDARD IN
Page 47: FROM LEFT: Professor Salima Paul, C
Page 51 and 52: Ability to manage cashflow is cruci
Page 53 and 54: CM Credit Management magazine for c
Page 55 and 56: FULL NAME: Calum Daniel Baxter YORK
Page 57 and 58: ACCOUNTS RECEIVABLE TEAM LEADER PRO
Page 59 and 60: Cr£ditWho? CICM Directory of Servi
Page 61 and 62: Cr£ditWho? CICM Directory of Servi
Page 63 and 64: Puzzle by © 2012 Mirroreyes Intern

201512 CM December

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?