Business Credit articles from January 2008

Business Credit archives from January 2008

Latest NACM certificate session highlights: business credit principles.(TRADELINE)(National Association of Credit Management)(Brief article)
January 1, 2008... During NACM's most recent weeklong certificate session, 17 credit professionals from around the United States delved into a variety of topics related to business credit principles. Jim McIntyre, CCE, an indefatigable, well-regarded instructor...

Progressing for the membership.(commentary)(National Association of Credit Management)
January 1, 2008... "You need not look too far to discover the greatest strength of our Association: it's clearly the passion and commitment of each and every member. You can see both--the passion and commitment--in NACM's Board members, Affiliate managers, local...

Best practices: collections.(selected topic)(Viewpoint essay)
January 1, 2008... Best Practices--the name implies a challenge in itself. If we had always maintained best practices for our endeavors and stuck to them, we would still be rubbing two sticks together to get a spark; but thankfully there have always been those...

The bubble and the damage done: the less talked-about problems caused by the housing market slump.(Column)
January 1, 2008... In nearly every recently published story referring to the state of the economy, one line, if not the entire body of the article, has been reserved to acknowledge the housing market and its effect on other markets. Reporters have used words like...

Battling shades of gray: the 2007 legal symposium.(TRADELINE)(National Association of Credit Management)
January 1, 2008... Credit managers are faced with a constantly churning sea of laws and legal issues that are an integral part of the credit industry. These issues, as well as the complex web of legal processes and strategies that firms use to ensure they remain...

Yum! Brands, Inc.(Louisville Originals)(Company overview)
January 1, 2008... Louisville's own Yum! Brands, Inc., the largest restaurant company in the world, with approximately 35,000 restaurants in 112 countries, is the brain behind such well-known brands as KFC, Long John Silver's, Pizza Hut, Taco Bell and A&W...

Staying ahead of the curve: evaluating the risks of small business borrowers.
January 1, 2008... [ILLUSTRATION OMITTED] The credit market turmoil has been playing havoc for industries across the globe, especially with reports predicting as much as $35 billion in corporate defaults on the horizon. Of course, leading the charge towards...

Creditnet 2008: the story you are about to read is true. The names of the companies have been changed to avoid lawsuits.(extra credit)
January 1, 2008... This is the country, the United States of America. There are over 50 million business enterprises in this country, most of them headed by honorable hardworking, intelligent men and women. To facilitate their operations, these businesses rely on...

Seven meeting etiquette rules not to forget.(HEADLINE)
January 1, 2008... Business meetings are held for a variety of reasons, but one common characteristic is the sharing of information with others. As in dining, there are rules of etiquette that go along with meetings. For example, I was recently leading a meeting...

Meet your 2007 Mentor of the Year: Carolyn Pavlovsky, CCE.(member PROFILE)
January 1, 2008... [ILLUSTRATION OMITTED] Thirty years of a career in credit gives a professional the chance to do just about anything if one is willing to accept the challenges. In addition, acquiring the experience and tools to control the flow of any...

Authors aid 2007 San Diego fire survivors.(member news)(Brief article)
January 1, 2008... Norm Cowie, CCE, vice president, finance at Evergreen Oak Electric Supply and Sales has been named a contributing author of The Heat of the Moment, a compilation of 20 short stories with one common theme--fire. Norm's story, "The 'Really Hot'...

FCIB proudly reports: Computer 2000 makes first board level appointment for credit management.(member news)
January 1, 2008... [ILLUSTRATION OMITTED] Computer 2000, the UK arm of Tech Data, has named Nick Tiltman as credit services director in what is thought to be one of the first board-level appointments of a director with specific responsibility for credit...

NACM--National: board of directors 2008.(national association of credit management)
January 1, 2008... [ILLUSTRATION OMITTED] Chairman of the Board Jim Fried, CCM, CCE Manager-Treasury Operations & Assistant Treasurer Timex Corp. Middlebury, CT [ILLUSTRATION OMITTED] Chairman-Elect David Beckel, CCE ...

Section 503(b)(9) goods supplier priority--more recent developments.(credit column)
January 1, 2008... Section 503(b)(9) of the Bankruptcy Code grants an administrative priority claim for goods sold to and received by the debtor within 20 days of its bankruptcy filing (the "20-Day Goods"). The Section 503(b)(9) priority grants a trade creditor...

On the town.(extra credit)(restaurant industry)
January 1, 2008... After a day of educational seminars and networking, you'll want to get out and explore Louisville's many offerings. Whether a quiet walk through a riverfront green area or a night of painting the town red better suits you, the Kentucky...

How to evaluate an attorney network.(credit column)
January 1, 2008... The Internet has made it easy to find anything. Finding attorneys to handle your collection needs is no exception. Type "attorney network" into Google and it will return 116,000 results. Even narrowing your search to the phrase "commercial...

An ancient debtors' code: creditors' rights established 39 centuries ago.(past accounts)
January 1, 2008... CREDIT and debit transactions played a large role in the life of the ancient Babylonians and Assyrians as judged by the thousands of clay tablets representing fiduciary dealings in the land of the Tigris and the Euphrates. Besides these...

Credit @ work.
January 1, 2008... [ILLUSTRATION OMITTED] Dear Andy, As the hiring manager for a growing credit department, I always have a stack of resumes to review. Do you have any tips for winnowing the number down and pinpointing the best candidates to interview?...

2008 calendar of events.(Calendar)
January 1, 2008... (A) = Online Course (B) = Audie Teleconference 1 JANUARY Jan 7-Apr 18 Accounting Course (A) Instructors: Angela Brent, CPA and Meredith Mostochuk, CBA NACM Meetings Dept. Jan 7-Mar 28 Business Law Course (A)...

CFDD national conference.(TRADELINE)(Credit & Financial Development Division)
January 1, 2008... The Credit & Financial Development Division (CFDD) held its annual national conference in St. Louis, Missouri at the end of October. The three-day event was highlighted by sessions hosted by David Beckel, CCE, Greg Powelson, Richard Boykin,...

Establishing your game plan: improve profit without increasing exposure.(International feature)
January 1, 2008... [ILLUSTRATION OMITTED] The word "security" is bandied around quite frequently in the world of credit. It's a good thing... something credit and financial managers strive for in all their transactions and in all their decisions to...

'No match' letters canned, rules postponed, but feds will make employers police workers or pay big.
January 1, 2008... For nearly two decades, the Social Security Administration has been sending "no match" letters, notifying employers that the social security information furnished by an employee and submitted by the employer does not comport with their records....

Are you a beaver, dolphin, owl or fox?(credit column)
January 1, 2008... For attendees of FCIB's 18th Annual Global Conference at the Ritz Carlton in West Palm Beach, Florida from November 11-13, the answer to that question was outlined by keynote speakers Greg Hicks and Rick Foster. Over the decade that they have...

Hot spots: Philippines.(hot spots)
January 1, 2008... With the homebound remittances of expatriates providing strong support, the Central Bank having cut interest rates and the government pumping up state spending on infrastructure, the economy, overall, is performing at its best in over two...

Putting the 'e' Into e-SEPA.(selected topic)(SEPA Credit Transfer )(Reprint)
January 1, 2008... The SEPA Credit Transfer (SCT) will be introduced on time on January, 28 2008, but the second basic service, the SEPA Direct Debit (SDD), is likely to be delayed. In theory, all national solutions for credit transfers and direct debits in euros...

New designees: look who recently earned a designation! Congratulations to all.(Directory)
January 1, 2008... NOVEMBER, 5, 2007 CBA Marylou Acosta Redback Networks, Inc. San Jose, CA Terri Allen Ingram Book Group La Vergne, TN Helena Bada Alltrade Tools LLC Torrance, CA Sylvia Baek LG Electronics...

Seeking to understand new accounting standards impact in credit market chaos.(extra credit)
January 1, 2008... There has been growing concern over corporate transparency, and trying to determine how much risk companies and financial institutions like banks are exposed to in the current economic climate. For U.S. companies, the "Fair Value...

Water crisis likely to replace oil as major concern of the future.(HEADLINE: Armada Corporate Intelligence)
January 1, 2008... Water is a somewhat strange commodity. In areas where it is scarce, it can provoke wars, while in regions where it is plentiful, it is taken for granted and, in some cases, wasted. It is also a commodity that provokes intense political and...

NACM Credit Manager's Index: report for November 2007.(CMI)
January 1, 2008... The seasonally adjusted Credit Manager's Index (CMI) fell for the third consecutive month in November, losing 0.7% as both service and manufacturing sector indexes declined. Although the drop was relatively small, all six unfavorable factors...