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ICM offers helping hand to Notts businesses on cashflow management

2 August 2010

Experts from the world of credit management will be on hand to give best advice to local businesses on how to manage their cashflow when the Institute of Credit Management (ICM) Roadshow rolls into town – at Norwood Park Country House in Southwell, Nottinghamshire on August 19th.

Local businesses can tap into the knowledge of expert speakers who this month include Nic Beishon from Equifax, Martin Kirby from BUPA Wellness, and Philip King of the ICM – all of whom have detailed knowledge of the key issues facing a growing business.

Nic Beishon, Head of Commercial Information Solutions, has been involved in credit and business information for nearly 20 years and in his previous role at Equifax created the Strategic Telco team, responsible for developing services for telecommunications providers to help them reduce the risk of fraud and bad debts.

As well as being available to talk to local businesses, Nic will also give a presentation about the changing world of business intelligence for credit managers. He will provide insight into the challenges that the Equifax team has witnessed businesses facing in a turbulent economic period, and some of the solutions that are now available to help businesses reduce cost, improve processes and maximise the experience and skills held within risk and credit management teams.

Martin Kirby will deliver a presentation entitled: ‘An innovative sales approach to Debt Collection’. He will also concentrate on the eternal question for every Credit Manager: ‘What benefit does your team bring to the business?’ He will cover the importance of traditional measures including improved DSO, working capital protection, mitigation of risk, limitation of bad debt; as well as skill set analysis, proof of concept driving behavioural change; and fringe benefits like knowing your customer and better understanding of operational service.

Chief Executive of the ICM, Philip King, says that the Roadshows always offer something useful to local businesses and credit teams, no matter what the industry: “As the recession begins to ease, it is vital that business owners and credit managers are armed with the tools and information they need to keep cash flowing though the business,” he says.

“These Roadshows offer invaluable advice in a relaxed environment, where there is always someone on hand to answer any questions that attendees may have.”

Norwood Park combines both Georgian architecture, attributed to John Carr of York, with more than 100 acres of deer parkland, adorned with ancient oaks and orchards, born out of the original Bramley apple developed in Southwell in the 1840’s. The Hall, home to The Starkey Family for five generations, is considered one of England’s finest examples of Georgian country house venues.