The Credit Interchange Division (CID), operating as a cooperative venture among PESA member companies since 1955, facilitates the confidential exchange of up-to-date ledger experience among its member companies and divisions. CID currently maintains a database of over 50,000 ledger entries on nearly 10,000 existing and potential customers.
CID provides secure Internet access to its credit database as well as phone-in service. The internet-based service provides increased connectivity, functionality and ease of use to those members who utilize CID to assist them in the effective management of their receivables.
CID membership is available to PESA Industry Member companies who maintain a distinct credit department.
If you would like further information on becoming a member of CID, please contact the PESA office at 713-932-0168.
CID's Quarterly International DSO Survey provides a means whereby CID member companies can anonymously share comparative DSO (days sales outstanding) information by country.
If you would like to participate in the current survey, please download the following files and follow the instructions for completing and submitting your information.
To be included in the current survey, please submit your responses by no later than May 17.
Listed below are links to the mechanics and materialmen lien statues for several oil and gas producing states. If you have further questions or need legal representation, you are encouraged to contact the law office listed on the cover letter. These attorneys have provided this information "gratis" for the purpose of assisting our group.
CID's Annual Meeting provides an excellent opportunity for credit personnel to meet with peers from participating member companies and discuss issues that affect their day-to-day operations. Attendance is open to all CID member company personnel.
October 23, 2013 – October 25, 2013