Business Credit articles from February 2007

Business Credit archives from February 2007

A look ahead to Vegas.(PERSPECTIVE)
February 1, 2007... Welcome to the February issue of Business Credit magazine and an introduction to the 111th Credit Congress and Exposition. In this issue, we are sharing all that this year's Credit Congress and Exposition has to offer. Instead of mailing a...

Opening general session features Mark Sanborn and "The Fred Factor".(CREDIT CONGRESS GENERAL SESSION)
February 1, 2007... In his powerful new book, The Fred Factor, motivational speaker Mark Sanborn recounts the true story of Fred, the extraordinary mail carrier who passionately loves his job and genuinely cares about the people he serves. Because of that, he is...

Paper packaging industry.(and credit management)
February 1, 2007... Do credit mangers tend to perform tasks that are unique or common to a particular industry? In order to attempt to answer this question, I conducted an analysis of one of the NACM industry groups whose membership is in the paper packaging...

Industry Day sessions.(CREDIT CONGRESS)
February 1, 2007... Industry Day sessions * are designed for attendees to gather and network by like industries. Please note that these are not "closed" group meetings (unless indicated), and anyone is welcome to attend any of these sessions should the topic...

Mark Knapp, CBF.(Credit Business Fellow )(Interview)
February 1, 2007... How did you enter the credit field? I did not plan on being a Credit Manager. I worked at a bank for a short while after college and then responded to a job opening for a Credit Representative with Inland Container Corporation. The salary...

NACM Credit Manager's Index report for December 2006: Credit Manager's Index at lowest level since April 2003.(National Association of Credit Management)
February 1, 2007... The seasonally adjusted Credit Manager's Index (CMI) fell for the fifth consecutive month in December, and now stands at its lowest level since April 2003. "The Index fell 0.5% as seven of the 10 components declined," said Dan North, Chief...

The ABCs of legal issues encountered by credit professionals.(LEGAL)
February 1, 2007... NACM's 111th Annual Credit Congress & Exposition, to be held at Bally's Las Vegas on June 10-13, 2007, will be here before you know it. The legal sessions that will be held at the Congress are always near and dear to this writer's heart. I...

Mentoring--one of the broadest methods of encouraging human growth.(CREDIT CONGRESS)
February 1, 2007... Most of us would probably not be where we are today in our credit careers without family, friends, colleagues and mentors. We certainly know that we would not have had the many positive, and some not so positive, experiences throughout our many...

Optional tours.(CREDIT CONGRESS)
February 1, 2007... Sunday, June 10 Las Vegas City Tour 9:00am-12:30pm * $60 per person This exclusive tour will take you along the Las Vegas "Strip" where your private tour guide will point out all of the major hotels and casinos. On this tour you...

Credit at work.
February 1, 2007... Dear Andy, I'm a credit manager at a smaller company and my budget doesn't allow me to offer the level of compensation to potential new hires that credit departments at our larger competitors can. What else can I do to improve my chances...

Passion: do what you love; love what you do.(CREDIT CONGRESS: SUPER SESSION)
February 1, 2007... Passion is the difference between a work-a-holic who puts all of his or her time into their "job" and a love-a-holic who puts all of his or her enthusiasm, creativity and human spirit into their "career." Loving who you are and what you do is...

Looking at the big picture: the art of credit in an increasingly automated world: in the earlier days of commercial credit, the tools were simpler. Instead of operating systems, there were 100-button calculators. Instead of spreadsheets, there were stacks of invoices, organized alphabetically from top to bottom.(Column)
February 1, 2007... Since those days, however, technology has rapidly permeated nearly all forms of business and it is difficult to imagine an industry where a computer isn't used in some portion of operations. Credit is no different; the profession has seen a...

Credit card fraud Q&A.(Gary Bares)
February 1, 2007... In the following Q&A, we answer questions posed to us by clients and industry peers who have been challenged by the complexity of credit card fraud risk management. Topic areas highlight this complexity at both the industry and organizational...

XBRL continues its march to the forefront of reporting.(Extensible Business Reporting Language)
February 1, 2007... As technology continues to pervade company operations, the Securities and Exchange Commission is beginning to push its decade-old filing system into the 21st Century as quickly as possible. The speed of business has increased rapidly and the...

Technology session.(financial services and technology)
February 1, 2007... 15048. Electronic Invoicing & Settlement (EIS)--A Practical Approach Panel Moderator: CJ Wimley, SunGard AvantGard In today's highly-competitive business environment, credit operations are seeking ways to gain greater efficiency and...

NACM's 111th Las Vegas Credit Congress & Exposition.
February 1, 2007... CREDIT CONGRESS SCHEDULE OF EVENTS SATURDAY, JUNE 9 8:00am - 5:00pm Registration/NACM Bookstore/Silent Auction 8:00am - 5:00pm Exhibitor Set-Up 8:30am - 5:00pm Certificate Sessions 8:45am - 3:45pm NACR Board of...

Hot spots: Argentina.(economic conditions)
February 1, 2007... For anyone visiting Buenos Aires or any other major Argentine city these days, the change for the better since the financial crisis of 2001-02 is hard to overlook. Consumer credit is cheap and plentiful and durable consumer goods such as cars...

Selling with Sharia'a compliant financing.(international)
February 1, 2007... There is a growing interest among Western business and banking to conduct business in Islamic countries. The infusions of capital some of these countries have acquired through the sale of their petroleum and gas resources have made them...

International sessions.(CREDIT CONGRESS)
February 1, 2007... If international issues are of importance to your business, you may wish to review the following sessions in Las Vegas: 15028. International Industry Day International Industry Day will give you an insight into the world of...

Final career curtain call.(Concord Industries Inc. awarded National Association of Credit Management's Mike Lawrence, Jim Cribben and Dottie Rath)(Brief article)
February 1, 2007... Final Career Curtain Call--Mike Lawrence, former president of NACM-Southwest, Jim Cribben, Corporate Credit Manager of Concord Industries and Dottie Rath, President of NACM-Southwest in the lobby of the Las Colias Country Club in Irving, Texas,...

An international perspective at the Credit Congress.(CREDIT CONGRESS)
February 1, 2007... NACM's international arm, Finance, Credit and International Business (FCIB), will host its annual gathering for those involved in international credit on Monday, June 12th. Don't miss the opportunity to network with international credit and...

UCP 600: a document restoring the credibility of LCs.(INTERNATIONAL)(Unit Credit Plan, Letter of Credit)
February 1, 2007... Little did the drafters of the first UCP in 1933 realize that they were leaving a legacy that would, one day, convert the LC from a payment vehicle into a means to avoid payment. Instead of a tool and a technique for the settlement of trade...

Introduction to Potential Future Exposure (PFE) and Credit Value-at-Risk (CVAR).(FINANCIAL ANALYSIS)(Column)
February 1, 2007... Credit risk measurement has evolved over time. Fewer companies are analyzing risk at a single point and are using techniques based on projecting risk factors over specific time periods. Included among the most popular of these techniques are...

Financial sessions.(financial statements analysis)
February 1, 2007... 15047. Advanced Financial Statement Analysis Speaker: D.J. Masson, Ph.D., CTP, Cert ICM This session will outline a six-step process to be used in advanced financial analysis. The effective analysis of a set of financial statements...

8 tips to make work more productive.(BUSINESS & MANAGEMENT SKILLS)
February 1, 2007... Most of us wish we had a less stressful work environment. At the same time our employers want us to be more productive. The two goals seem to be at odds with each other, but they don't have to be. If you're looking for ways to get more done in...

Tips, tools, training & techniques.(BUSINESS & MANAGEMENT SKILLS SESSIONS)
February 1, 2007... 15042. Negotiations Strategies and Tips Speaker: Jessica Butler, Attain Consulting Group, LLC This interactive session will cover negotiation strategies, tips and keys to success when dealing with customers, suppliers or even people in...

Are we having fun yet? Attitude and Peak performance in the workplace.(LEADERSHIP)(Column)
February 1, 2007... So much of what we consider success in life simply is how we look at things. The story has been told of parents who had two identical twin boys. They were identical in everyway except for their temperaments. One of the boys was a hope-filled...

Credit management sessions.(CREDIT CONGRESS)
February 1, 2007... A credit professional's day-to-day business activities center around core credit management functions. Use the following sessions to strengthen your credit management knowledge and become a more valuable asset to your company: 15048....

NACM professional certifications--benefits: far beyond the initials.(National Association of Credit Management)
February 1, 2007... Credit professionals who have earned professional certifications from NACM can be justifiably proud of their educational accomplishments. However, beyond the recognition and prestige these certifications confer to those who have earned them,...

How to get your customers to sit up and beg.(MANAGEMENT)
February 1, 2007... Step into the shoes of your customer and examine their contact with your credit department. I'm sure they hear from your collectors when they are past due--not a happy experience. And I'll bet they hear from you when they have an order that...