Business Credit articles from January 2009

Business Credit archives from January 2009

A chance to shine: meet your NACM-National Chairman David Beckel, CCE.(service PROFILE)(National Association of Credit Management)(Cover story)
January 1, 2009... [ILLUSTRATION OMITTED] The economic maelstrom that has pummeled the United States has left almost no industry unscathed. All the while, credit departments, the heart and soul of businesses the country over, are continuing to be squeezed...

2009 Board of directors.(NACM--NATIONAL)(List)
January 1, 2009... [ILLUSTRATION OMITTED] Chairman of the Board Dave Beckel, CCE Credit Manager MiTek Industries, Inc. St. Charles, MO [ILLUSTRATION OMITTED] Chairman-Elect Phyllis Truitt, CCE Director of Credit ...

Eyes on the prize: the seven golden rules of goals.(selected topic)
January 1, 2009... Knowing how to set collection goals is one of a credit or collection manager's most important competencies. At their best, goals provide your collectors with a sense of achievement while motivating them to perform better every month. At their...

NACM Oregon.(association news)(National Association of Credit Management)(Brief article)(Company rankings)
January 1, 2009... For the second year in a row, NACM Oregon has been named as one of the 100 Best Companies in Oregon to Work For. Since 1994, Oregon Business magazine has presented the 100 Best Companies to Work For in Oregon. Companies are ranked based on...

NACM Southwest.(association news)(Brief article)
January 1, 2009... NACM Southwest was recently named as one of the Best Companies to Work for in Texas 2009. The awards program was created in 2006 and is a project of Texas Monthly, the Texas Association of Business (TAB), the Texas State Council of the Society...

Getting a head start: preparing for the switch to an international accounting standard.(Column)
January 1, 2009... Discussions of best practices can often involve investigations and analyses into an individual company or industry's workings, whether the best practice itself is based on a lengthy research process or simply the testimony of experts on the...

CFDD National Conference a frightful success.(CFDD National Conference)(Centre for Career Development)
January 1, 2009... CFDD hosted its second annual National Conference from October 23-25 at the Embassy Suites--Kansas City Country Club Plaza in Kansas City, MO, drawing a diverse contingent of credit professionals to the mid-western city hoping to increase their...

Wise up! Simple strategies to re-model, re-fire and re-gain your brain.(extra credit)
January 1, 2009... For years, people have believed that we are born with a certain number of brain cells and that those brain cells die off as we age, with no hope of ever getting them back. Today, scientists are proving that not only can we generate new brain...

The continuing evolution of a seller's right to reclamation and administrative expenses for goods sold prepetition under the bankruptcy code.(Column)
January 1, 2009... As the manufacturing and retail sectors continue to decline, creditors, especially those involved in just-in-time relationships, are increasingly at risk for goods delivered to a debtor just prior to the debtor's bankruptcy filing....

Not holding their breath: credit professionals gear up for a rough year.(Survey)
January 1, 2009... [ILLUSTRATION OMITTED] The final months of 2008 suffered from no shortage of almost daily announcements of depressing or disconcerting statistics, analyses and overwhelmingly expensive solutions to the country's economic woes. News arrived...

FCIB's 19th Annual Global Conference.(international)(Finance Credit International Business/National Association of Credit Management)(Conference news)
January 1, 2009... Over the past several years, international trade has been the engine of creation for a number of new marketplaces and has helped sustain sputtering first-world economies. Purchasing behemoths like China, India and Brazil continue to solidify...

Meet your 2008 mentor of the year: reverend Phil Klikas, Jr., Ph.D.(member PROFILE)
January 1, 2009... [ILLUSTRATION OMITTED] "Until 11 years ago, I didn't know the credit profession existed," said Phil Klikas. "Some years ago, I read some very true words that have stuck with me: 'No one chooses the credit profession; rather, it chooses...

NACM's 113th Credit Congress & Expo is heading to Orlando, the City Beautiful.
January 1, 2009... For 113 years, the National Association of Credit Management has designed its national convention to educate, unite, inspire and empower the credit community. And for 113 years, dedicated and eager professionals have gathered to be a part of...

Balancing act--success, the past and a living legacy.(extra credit)(Harris Rosen)
January 1, 2009... When Harris Rosen first laid his eyes on the acres of pine and oak teeming with deer, opossum, bobcats, gators and a cornucopia of birds, he knew he was in love. Pink irises, Crowns of Thorns and Air Plants continued the language of vibrancy,...

Western Region Conference gets down to "The Nature of Credit".($ The Nature Of Credit)(Conference notes)
January 1, 2009... There are many facets to the art of business credit and financial management and sometimes it's beneficial to distill them down to their basics. That's what attendees at this year's Western Regional Conference, held at the Monte Carlo in Las...

Recent Court decisions on consignments and other security arrangements: the benefits of aggressive creditor action and the pitfalls of failing to document properly!(Column)
January 1, 2009... In certain industries, vendors frequently enter into consignment arrangements to facilitate their sale of goods. In the typical consignment, the vendor/consignor delivers goods to the buyer/consignee, retains title to the goods and does not...

Full disclosure: the basics of designing and implementing a shared services concept.(International feature)(Survey)
January 1, 2009... [ILLUSTRATION OMITTED] The shadow of recession has spread from the United States into Europe and Japan. Even China is seeing a dip in growth, though it is still expected to be one of the strongest economies in the near term. For many...

Eastern Region Conference illuminates opportunities in economic downturn.
January 1, 2009... While many struggles and difficulties face the B2B credit world today, it's important for professionals in the industry to recognize that a crisis is normally just an opportunity in disguise. Attendees at this year's NACM Eastern Region Credit...

Hot spots: Cuba.(international)
January 1, 2009... President-elect Barack Obama said during his election campaign that he would not lift the economic blockade of Cuba, which in some form has been in effect since the administration of Jack Kennedy, but he did talk of plans to end restrictions on...

New designees: look who recently earned a designation! Congratulations to all.
January 1, 2009... NOVEMBER 2008 CBA Laura Adams Alaska Airlines, Inc. Seattle, WA Connie Aguilar Orco Construction Supply Santa Ana, CA 92705 Renee Ames Morrow Equipment Co. LLC Salem, OR Carol Anglins ...

Credit application vs. credit agreement...what is best for your business?(selected topic)
January 1, 2009... Most credit departments today offer prospective customers a standard credit application to fill out before doing business with them. An application is just that... applying for a line of credit with no legal remedies available. A standard...

2009 Calendar of events.(Calendar)
January 1, 2009... Jan 5 Online Course Sessions Begin for Accounting, Business Law and Credit Law # NACM Meetings Dept. Jan 14 Customer Visits * Susan Delloiacono, CCE NACM Meetings Dept. Jan 16 CMI Survey Opens Jan 18...

NACM credit manager's index report for November 2008.(National Association of Credit Management)(Report)
January 1, 2009... The seasonally adjusted Credit Manager's Index (CMI) for November painted an even uglier portrait of the economy than it did last month, dropping 2.6 to a record low of 42.2, well below the 50 level indicating economic contraction," reported...