News Article

Credit Management

Rimilia enhances its CICM Corporate Partnership

By CreditMan Tuesday, August 16, 2016

Intelligent finance solutions developer Rimilia has enhanced its level of Corporate Partnership with the Chartered Institute of Credit Management (CICM), Europe’s largest credit professional body, to be recognised as a supporter of CICMQ, the CICM’s quality accreditation scheme.

Rimilia, which is based in the UK and has a global reach, designs, develops and implements automated systems that it says drive increased value from existing (and predominantly) manually-intensive finance processes associated with accounts receivable, cash allocation, credit management, bank reconciliation and cash forecasting.

The new agreement will see Rimilia actively support and promote the CICMQ quality accreditation scheme, an accreditation that recognises organisations for quality and continued improvement in credit management procedure and practice.

Steve Richardson, Commercial Director at Rimilia, says the new partnership will deliver enhanced benefits to all: “In actively supporting CICMQ, we can broaden our understanding of the specific issues facing the industry today, providing us with valuable insight into future challenges.

“This increased exposure also helps us to enhance our technology, which in turn has a positive impact on the CICM’s members by bringing increased value to the credit and collections process,” he adds.

Philip King, Chief Executive of the CICM, explains that the CICMQ accolade is now sought after by organisations and credit teams that are serious about embracing best practice: “To have an active supporter of the award in Rimilia can only help to further drive forward best-practice within the industry,” he says.

“CICM corporate partners offer members a wide range of products, services and technologies that can help to support achievement of their targets.”