Business Credit articles from June 2001

Business Credit archives from June 2001

Gramm-Leach-Biley Act Impacts Business Credit.
June 1, 2001... Since the revelation at NACM's annual legislative conference in March of this year that the Gramm-Leach-Bliley Act ("GLB") was intended by the US House Banking Committee to apply to virtually all business entities in the US with respect to the...

Certificateless and Non-Negotiable Certificates of Deposit as Pledged Collateral: Don't Bet on It!
June 1, 2001... A creditor with a security interest in a certificate of deposit believes that it has highly liquid collateral to secure payment of its claim. However, the creditor's security interest must be perfected in order for the creditor to have priority...

Five Steps to Fire-Proof Your Hiring Process.
June 1, 2001... Hiring and retaining good employees remains one of the premier concerns of the corporate world. Today is a seller's market. Downsizing, rightsizing and reengineering has released a flood of well-qualified and well-trained workers to the...

Stalling E-Commerce Places the Future of Trade Credit in Doubt.
June 1, 2001... What a difference a year makes! Twelve months ago e-commerce was riding high, online exchanges were proliferating, financial intermediaries were scrambling for a place at the table--sometimes as the provider of trade credit--and credit...

Getting First in Line When Your Dot-Com Fails to Pay.
June 1, 2001... Dot-coms, whether they are distributors or e-tailers, now proliferate the business community and provide a new sales opportunity for vendors. However, as headlines highlight, liquidation is a growth industry for dot-coms. It appears that the...

Advanced, Analytical Techniques for Performing Forensic Financial Analysis.
June 1, 2001... Financial statement fraud is a "new face on the block," and the intent to conceal and take advantage by false suppression of the truth of assets, liabilities, cash flow, sales and profitability is creating a new level of risk for corporate...

Gartner Says Business-to-Business Internet Billing to Triple by End of 2002.(Brief Article)
June 1, 2001... According to a recent Gartner Group, Inc. study, the number of companies sending out business invoices over the web will nearly triple by the end of 2002 to 26 percent, up from today's 9 percent. By the end of 2004, this number is projected to...

Trade at the Crossroads.(Asia-Pacific Economic Cooperation)(World Trade Organization)(Statistical Data Included)
June 1, 2001... The second half of 2001 will witness a series of critical trade meetings that may determine whether the world continues to move toward multilateral free trade or shatters into hundreds of bilateral agreements. In June, trade will be a major...

Hot Spots: Iceland.(Brief Article)
June 1, 2001... Iceland, with its tiny population of just 283,000, has long been known for its fishing industry, which still furnishes half of its export earnings. It is less well known as a nation with one of the world's highest living standards (in per caput...

Phyllis Truitt.(National Association of Credit Management)(Statistical Data Included)
June 1, 2001... Credit on a Handshake A Thing of the Past Phyllis Lynn Truitt, CCE, Director of Credit and Collections for Atlas Van Lines, Inc. in Evansville, Indiana, is serving her second consecutive term as the Director representing CFDD on the...

A Checklist of Responsible Information-Handling Practices.
June 1, 2001... Many privacy abuses are the result of errors and carelessness by those who handle personal information. Some are caused by inadequate security. Responsible information-handling practices begin with the development of privacy policies in the...

Educational Scholarships:.(National Association of Credit Management)
June 1, 2001... Investing in the Professional and the Profession Scholarship is defined in Webster's dictionary as "a specific gift of money or other aid, as by an institution, to help a student continue his studies." In keeping with this definition, a...

UNCOMMON THREADS.(managing the generation gap in the workplace)
June 1, 2001... Mending the Generation Gap at Work Some say it's only the generation gap. As the differences between generations in the work force become increasingly apparent, so too is the impact these differences are having on the workplace. While...

Mechanics' Liens in Hawaii.
June 1, 2001... Introduction Under Hawaii law, the procedural requirements for perfecting a mechanic's lien are strictly construed and enforced; however, the remedial aspects of the law are liberally construed to effect the purpose of the mechanic's lien...

OKLAHOMA LIEN LAW UPDATE.(Brief Article)
June 1, 2001... Oklahoma Legislature Struggles With Prefiling Notice Requirements The May 2001 issue of Business Credit carried this author's article "Oklahoma Lien Laws-A Primer." Since that issue was published, the Oklahoma Legislature has adopted a...