Business Credit articles from March 2004

Business Credit archives from March 2004

The scoop.
March 1, 2004... Return on Investment No matter what we spend our money on, we want to feel as if we received value for our dollar... that our return on investment was positive. And in today's tight economy, we have to be even more careful that our...

NACM calendar.(Brief Article)(Calendar)
March 1, 2004... MARCH NACM National Director Elections Ballots may be east from March 8-April 9 March 1 Nationwide Certification (CCE, CBF, CBA) Exam Test Date For more information, please contact the NACM Education Dept. March 8 ...

Create the future: vote in the upcoming election.(Credit Column)
March 1, 2004... As the 2004 Presidential election up, the airwaves are full of debates and information, and newspapers worldwide provide us with coverage and commentary. All of this information and coverage serves to educate, inform, and engage us in the...

How to talk so people will listen.(Credit Column)(Column)
March 1, 2004... At the end of ally given conversation, whether it's with co-workers, employees, or customers, do you ever find yourself asking the following questions: "How many times do I have to tell them how it's done?" "Why are there so many...

Top 10 tips for managing e-mail more effectively.(Credit Column)
March 1, 2004... Are you tired of searching for e-mail messages you know are somewhere? Is your electronic "Inbox" full of outdated messages? Do you frequently get ultimatums from your IS department to "clean up your act?" Love it or hate it--or...

Are reclamation rights preserved where debtor's secured dip lender pays off pre-petition secured inventory lender? Yes and no!(Credit Column)
March 1, 2004... Introduction Over the past few years, many courts have denied preferred status to creditors asserting state law reclamation claims where the debtor's pre-petition lender had a security interest in all of the debtor's inventory. As a...

Enterprise-wide risk management: myth or reality?(Selected Topic)
March 1, 2004... Managing risk is an old habit of human beings. In our day-today life, we seem to always be worried about future risks. As a result, we end up investing in insurance or other investment instruments to secure ourselves against those unseen risks....

Credit scoring: the future of decisioning in the A/R process.
March 1, 2004... Credit scoring or statistical modeling can be utilized as a method of evaluating the creditworthiness of your customers and assessing the strength and value of your receivable portfolio through the implementation of a formula or set of rules....

Meet Heidi Lindgren-Boyce, CCE Senior Credit Manager, Star Rentals Inc.
March 1, 2004... Heidi Lindgren-Boyce, CCE is Senior Credit Manager at Star Rentals Inc. in Seattle,Washington. She received a B.A. in Criminal Justice from Washington State University with the intention of going to law school after graduating, but finances...

Rules based credit scoring: make the right decisions fast.(Selected Topic)
March 1, 2004... In today's challenging economic environment, credit professionals are expected to know much more about the credit risk of customers. Not surprisingly, you also must be aware of credit risk issues early to proactively manage risk. Departments...

Treasury and IT integration in plain English: Part III when treasury shares.(Selected Topic)
March 1, 2004... We can argue from now until sun-up about the way in which treasury and IT should integrate. Where the question is managing information or initiating transactions, it almost always boils down to one of two broad protocols: 1. Using a...

Closing the loop: how credit scoring drives performance improvements along the financial value chain.(Selected Topic)
March 1, 2004... Despite the existence of evidence clearly supporting the practice of credit scoring, recent industry data shows that the world of commercial business credit has been slow to adopt this method of quantifying customer risk and reap its...

Solving the mystery of credit scoring models.
March 1, 2004... As the speed of business continues to accelerate, more and more companies are challenged to keep pace with the demands of their markets, their customers and competitors. The marketplace is shrinking, with distinctions among global, national and...

Extra, from the appellate corner--hot off the presses: Delaware appellate court affirms priority of trade creditor's stoppage of delivery rights over buyer's inventory secured lender.
March 1, 2004... Introduction Trade creditors know the difficulty of collecting theft reclamation claims, particularly where the debtor has a secured lender with a floating lien in all of the debtor's present and future inventory. Just read the article...

The Happy Helpers: Amber Coffman: the following story is an excerpt from John Kasich's book, Courage is Contagious.(2004 Credit Congress & Expo)(Excerpt)
March 1, 2004... "What can one person do?" I hear people ask. "The problems of society are so vast!" The answer is that one person can do a lot. Every great movement starts with one person and moves forward because of individuals. Today, as we confront...

2004 Credit Congress housing information.(Hotel San Carlos )
March 1, 2004... Sleeping rooms have been reserved at four convenient downtown Phoenix hotels. As always, we urge you to make your hotel accommodations at one of these four convention hotels in order for NACM to continue to maximize its room block and help keep...

Solution framework for credit risk under BASEL II.(Selected Topic)
March 1, 2004... Credit risk can be regarded as an inherent component of the banking business. The introduction of customized banking products and services has made the task of judging the risk impact of credit decisions all the more challenging and time...

Hot spots: Germany.(International Section)
March 1, 2004... The economy is finally in an upswing that promises to be durable. Real gross domestic product contracted by 0.1% in 2005, after advances of just 0.2% in 2002 and 0.8% in 2001. In other words, it has been a long time since the Federal Republic...

Global liquidity management: new techniques and trends.(International Section)
March 1, 2004... The ability to control global liquidity offers vast enhancements in financial performance and is now within reach for many multinational companies. The rapid integration of national economies, substantial improvements in bank services and new...

Worldwide credit conditions.(At A Glance)(Illustration)
March 1, 2004... At A Glance March ECONOMIC GROWTH GDP % change from previous quarter Q1 03 Q2 03 Q3 03 Q4 03 U.S. 0.4 0.8 2.0 1.0 Canada 0.6 -0.1 0.3 -- Mexico -0.5 0.2 0.4 ...

China's boom.(Credit Briefings)(Brief Article)
March 1, 2004... China's GDP rose 9.1% in 2003, with 9.9% year-on-year GDP growth in the final quarter of the year, the fastest growth since 1997. Manufacturing is leading the surge, with a 12.5% increase reported for 2003.

Indian investment.(Credit Briefings)(Brief Article)
March 1, 2004... India raised the ceiling on foreign investments in January to attract more capital into the rapidly growing economy, The government increased the limit on foreign investment in banks to 74%, up from 49%,and removed limits on foreign oil and gas...

Posiive watch.(Credit Briefings)(Brief Article)
March 1, 2004... Coface, the credit ratings agency, added a number of countries to its positive watch list in January, including Japan (currently rated A2), Hong Kong (A2), Indonesia (C), Pakistan (D) and Madagascar (D).The additions indicate improved credit...

U.S. rates.(Credit Briefings)(Federal Reserve Board)(Brief Article)
March 1, 2004... At its January meeting, the U.S. Federal Reserve held the federal funds rate at the "emergency" level of 1%, where it has been since late June 2003. The Fed omitted its earlier statement that it planned to hold rates down for a "considerable...

European hit.(Credit Briefings)(Brief Article)
March 1, 2004... European companies are taking a serious hit from the high euro. The euro is now up 20 percent over the dollar from a year ago and more than 50 percent from its October 2000 low. Volkswagen lost $1.5 billion from unhedged currency swings in...

The importance of a written credit and collection policy and procedure manual.(Credit Basics)
March 1, 2004... Many companies do not have a written credit policy. There are a variety of reasons for fills. Perhaps the most prevalent is the belief that a written policy is more trouble than it is worth, or that once completed, the policy will quickly be...

NACM education--on target 5-day intensive, online, or self-study: choose the learning method that works for you.(Strength in Numbers: National Association of Credit Management)
March 1, 2004... Five Days Business Credit Basics Offered in Phoenix in May, this 5-day, intensive certificate session offers those new to the business credit arena a comprehensive look at the fundamental principles commercial credit. Led by a veteran...