Business Credit articles from July 2001

Business Credit archives from July 2001

Here's to the New Leadership Year.
July 1, 2001... I am honored to assume the role as your National Chairman for the upcoming leadership year. The Seattle Credit Congress was exciting and packed with great educational offerings--as you will see from the pages included in this issue. I...

Legislative Advisory.(Gramm-Leach-Bliley Act)
July 1, 2001... New Developments with Respect to the Gramm-Leach-Bliley Act--All Good As the National Association of Credit Management ("NACM") has reported to its members throughout this year, a substantial concern had arisen with respect to the...

Motivating Em Employees During Tough Times.
July 1, 2001... In today's turbulent economic market, even the strongest and most powerful corporate icons are challenged to find ways to improve their efficiencies. As they require more work from fewer numbers of people, their top priority is having effective...

Automation Tackles the Settlement Process.
July 1, 2001... Trade receivables are inherently messy. Never is that more apparent than when posting receipts. Compared to consumer credit transactions, where there are very few questions regarding where and how a payment should be applied,...

Stay Cool When things Get Hot:.(public speaking)
July 1, 2001... How to Present and Communicate Your Ideas More Effectively Does your stomach do flip-flops at the mere thought of public speaking? When presenting your ideas to a group of people, do you become so stressed that you want to hand in your...

Letters of Credit: When the Issuing Bank Must Pay Despite Nonconforming Documents.
July 1, 2001... Introduction A letter of credit ("LC") beneficiary must present complying documents in order to receive payment on an LC. However, a beneficiary that presents noncomplying documents to the LC issuing bank may still receive payment on the...

Treasury Management: An Overview.
July 1, 2001... What is treasury? Webster defines treasury as "a place where stores of treasures are kept; the place of deposit, care, and disbursement of collected funds." Moreover, if you consider the treasury function in your own organization, this...

Meet Val Venable, CCE.(chairman-elect)
July 1, 2001... W Valerie Venable, CCE, Chairman of NACM-National, is Credit Manager for GE Polymerland headquartered in Huntersville, North Carolina. GE Polymerland is a recognized international leader in the plastics distribution industry, serving customers...

NACM'S 105th Credit Congress Highlights.(National Asociation of Credit Management)
July 1, 2001... Opening General Session Credit professionals gathered for NACM's 105" Annual Credit Congress in Seattle, Washington. This one-of-a-kind conference included dozens of educational sessions focusing on risk analysis; credit scoring;...

Member Perspective:.(National Association of Credit Management)
July 1, 2001... NACM's 105th Credit Congress NACM's 105th Credit Congress was held in the great northwest city of Seattle on May 20-23, and was another fine production from our folks at NACM-National. This year's Credit Congress focused on the theme of...

Luncheons.(National Association of Credit Management conference)
July 1, 2001... Loss Prevention Luncheon Annually, the Loss Prevention Department presents the Bronze Vigilance Award to the Law Enforcement Officer of the Year at the Loss Prevention Luncheon held during Credit Congress. This year, the Bronze...

How CPAs Can Bring Technical Presentations to Life.(Certified Public Accountant)
July 1, 2001... How many times have you seen an energetic, lively and brilliant CPA take the podium to speak, only to bore the audience with a dry, data-filled presentation that lacked enthusiasm? After the speech, this person may have even "come alive" with...

Transparency in the Developing World.(financial management)
July 1, 2001... Although transparency has long been an issue in international business, the 1997-1998 Asian crisis propelled the issue forward and put it squarely on the agenda for creditors, investors and regulators around the globe. Now a second crisis--the...

Hot Spots: Croatia.(Brief Article)(Statistical Data Included)
July 1, 2001... The agreement Zagreb signed with the International Monetary Fund earlier this year calls for fiscal and wage restraint as well as accelerated privatization, market liberalization, and reforms of the costly state-run health and pension systems....

The United Kingdom and the Euro:.
July 1, 2001... Will It Ultimately Accede to a Single Currency That Will Launch a Challenge to the Dollar's World Dominance? As I sit writing this article, I ponder upon the fact that it is exactly one week since the UK General Election, an election which...

The Cash Movement of Operating Activity.(Brief Article)
July 1, 2001... Question: What is the significance of the "cash flow from operating activity" on my customer's Statement of Cash Flow? Answer: Cash flow from operating activity attempts to reconcile net income into a cash basis. Unlike the Income...

A Synopsis of Revisions to Article 9 of the Uniform Commercial Code.
July 1, 2001... Many creditors are familiar with the protections available to them under Article 9 of the Uniform Commercial Code ("UCC"), adopted in every state as the law governing transactions that create consensual security interests in personal property...