CM MARCH 2022
THE CICM MAGAZINE FOR CONSUMER AND COMMERCIAL CREDIT PROFESSIONALS
THE CICM MAGAZINE FOR CONSUMER AND COMMERCIAL CREDIT PROFESSIONALS
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CI<strong>CM</strong>Q ROUNDUP<br />
AUTHORS – Mona Yazdanparast and Laura Rhodes<br />
“The CI<strong>CM</strong>Q<br />
Accreditation is essential<br />
as a benchmark and<br />
going through the<br />
core process helps to<br />
ensure continuous<br />
improvements. The<br />
accreditation provides<br />
the team with a clear<br />
outlook on what we have<br />
accomplished so far. The<br />
process refreshes our<br />
ideas and encourages the<br />
team to further improve<br />
best practices.”<br />
members. This re-accreditation and the<br />
team’s learning experience with CI<strong>CM</strong><br />
benefits the company in achieving this<br />
goal. We plan to further advance the<br />
training development matrix to the whole<br />
of Grocery Service Centre (GSC).”<br />
Achieving CI<strong>CM</strong>Q for the first time<br />
is Biffa, the leading integrated waste<br />
management company in the UK.<br />
Tina Daulton MCI<strong>CM</strong>, Head of Finance<br />
Shared Services, is another like Phil and<br />
Frank who is a keen supporter of the<br />
Institute, and says it’s an honour to be<br />
part of the wider network of ‘best practice’<br />
organisations: “The whole CI<strong>CM</strong>Q process<br />
was a great learning experience for<br />
all involved and it showed the passion<br />
and commitment of<br />
our team, as well as<br />
ratifying the support of<br />
the wider business. For<br />
Biffa as a whole, it clearly<br />
demonstrates and affirms<br />
that we are delivering an<br />
excellent service to both<br />
internal and external<br />
customers.<br />
“Some 60 percent of our<br />
Credit Team are CI<strong>CM</strong><br />
members, as we are keen<br />
to further our knowledge<br />
and skills and strengthen<br />
the team at all levels,”<br />
she continues. “We are<br />
a strong and successful<br />
team and have learnt to<br />
celebrate our successes<br />
while striving for continual<br />
improvement.”<br />
The assessment report<br />
noted that: ‘This team<br />
rightly deserves recognition<br />
for their achievement, by having an<br />
impressive strategy to manage and develop<br />
its people, having a common purpose<br />
and road map, while collaborating and<br />
working with its business partners. The<br />
results in cash collection and overdue<br />
debt are significant, and stakeholders are<br />
impressed with their determination and<br />
professionalism.’<br />
QUALITY ASSURED<br />
Earning CI<strong>CM</strong>Q status for a fourth time is<br />
QA Ltd, the UK’s leading provider of tech<br />
skills and digital training. QA Ltd catered to<br />
more than 200,000 people in 2020, offering<br />
150 undergraduate and masters’ programmes<br />
and serving 80 percent of the<br />
FTSE 100.<br />
Corinne Sanderson, Credit Manager,<br />
says the re-accreditation continues to<br />
help them achieve the goals set out by<br />
“We are<br />
delighted<br />
to have a<br />
renewed<br />
accreditation<br />
for yet another<br />
year, as it<br />
confirms<br />
our work<br />
consistently<br />
meets the<br />
highest<br />
standards of<br />
excellence.’’<br />
QA Ltd: “We are delighted to have a<br />
renewed accreditation for yet another<br />
year, as it confirms our work consistently<br />
meets the highest standards of excellence.<br />
We are keen that our customers recognise<br />
the quality of the service that our team<br />
delivers, and CI<strong>CM</strong>Q Accreditation<br />
helps us share this knowledge with our<br />
customers.”<br />
Last but by no means least, technology<br />
communications company, Vodafone<br />
Limited, has also now joined the ranks of<br />
accredited companies, a formal acknowledgement<br />
of excellence in all things credit.<br />
Naomi Cullen, Operations Manager for<br />
UK Credit and Collections at Vodafone<br />
Limited, says it was a<br />
great honour and learning<br />
experience to achieve<br />
high standards in credit<br />
management for the organisation:<br />
“CI<strong>CM</strong>Q Accreditation<br />
can only be<br />
attained if an organisation<br />
can prove that best<br />
practice is in place, so<br />
obtaining it highlights to<br />
our customers that we are<br />
best in class,” she says.<br />
“As a business, Vodafone<br />
strives for the highest<br />
standards, and being accredited<br />
to CI<strong>CM</strong>Q supports<br />
that objective.”<br />
Naomi says that the<br />
company has had a close<br />
affiliation with the CI<strong>CM</strong><br />
for many years: “Several<br />
members of our team have<br />
studied for a CI<strong>CM</strong> qualification,”<br />
she continues,<br />
“and we recognise the value that a professional<br />
CI<strong>CM</strong> qualification brings. We see a<br />
CI<strong>CM</strong>Q Accreditation as an extension of this<br />
‘value’ and the importance of being<br />
benchmarked against the best.<br />
“We learned in qualifying for the<br />
accreditation that working with a wider<br />
stakeholder group earlier in the process<br />
absolutely achieved the best results. In<br />
return, we received support and praise,<br />
which has been incredible for morale and<br />
team spirit. We will continue working to<br />
this new model in future.”<br />
The assessment report stated: ‘The<br />
relationship the Collection Team has<br />
with its stakeholders is excellent. The<br />
team demonstrate first-rate stakeholder<br />
involvement with process developments<br />
and working capital at the forefront of<br />
their activities.’<br />
Congratulations one and all!<br />
Brave | Curious | Resilient / www.cicm.com / March <strong>2022</strong> / PAGE 9