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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

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