Magazine article Business Credit

Why Ferguson Shares Data with the NACM National Trade Credit Report

Magazine article Business Credit

Why Ferguson Shares Data with the NACM National Trade Credit Report

Article excerpt

NACM's mission is to promote honesty and integrity in commercial credit transactions. To further this goal, NACM-National and NACM Affiliates throughout the country developed the National Trade Credit Report (NTCR) drawing from the members of 40 different association locations and more than 10,000 NACM industry credit group members. The tradeline data-full accounts receivable submissions and ratings-are submitted through credit groups. If you sell nationally, the NTCR is bound to have data on companies of interest for both existing and potential customers.

Ferguson Enterprises Inc. has been contributing to the NTCR since early in its inception, keeping in mind that "you get what you give." More data simply feeds into strong results for everyone, according to Debra Deihl, Ferguson vice president of financial services.

"It allows us to not just be looking through a small eyeglass, you make better decisions through looking at a customer holistically," she said. …

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