To predict when debtors default is as difficult as to predict when an earthquake will happen. Having a structured Credit Management in place could mitigate risks, and be in a better state of preparedness for any eventuality.
Founded in 1981, SACM has been established for 34 years. We promote good Credit Management practices and aim to attain highest possible sales and shortest possible collection time amongst our members. Credit Management is a science, and has evolved into multi-facets of management in credit risk, compliance, credit information and reporting, and credit risk insurance protection. SACM's members are credit management practitioners and controllers, credit information providers and credit risk insurers, together, we play an integral role in the development of Singapore industries and commerce paternity.
What would credit management evolve in the future? We would invite you to join us to be part of the evolution and make things happen. Together we will scale to greater heights in managing our businesses in the field of credit management and risks.
SACM President, May 2015