Business Credit articles from March 2008

Business Credit archives from March 2008

New offerings ... the value of NACM membership continues to grow.(commentary)
March 1, 2008... At the end of January, NACM opened access to its Resource Library as a benefit of membership! You can now turn to the NACM Resource Library as often as you need, without worrying about extra fees and costs! To take advantage of this great...

Uncovering accounts payable fraud using "fuzzy matching logic": Part 1.(selected topic)
March 1, 2008... With the increasing growth of accounts payable transactions every year, there's an increasing risk of potential fraud and abuse. Here you'll learn nine different ways that you can detect potential accounts payable fraud. While conducting a...

The Equal Credit Opportunity Act: avoid the pitfalls.(credit column)
March 1, 2008... The Equal Credit Opportunity Act (the "ECOA" or the "Act") subtly pervades many aspects of American life and business. Many creditors are aware of the Act's more visible manifestations while remaining in the dark about some of the Act's less...

A tool for all the right reasons.
March 1, 2008... [ILLUSTRATION OMITTED] The brisk fall days of 2006, before the U.S. housing market started to deflate, seem like ancient history. So do the sunny days of early summer 2007, before the collapse of two Bear Stearns-managed hedge funds, which...

Benchmarking and blending: keeping watch on both details and the big picture.(selected topic)
March 1, 2008... Keeping a sharp focus on a small-business credit portfolio can be challenging. Equally tough is pulling back the lens to see how a portfolio fits within the big picture. Benchmarking is a useful way to illustrate a portfolio's strengths and...

CBF exam review session at Credit Congress.(extra credit)
March 1, 2008... Although for many Credit Congress attendees the first official event is the opening General Session on Monday morning, there is a group of delegates that begin their Credit Congress early on Sunday morning with exam review sessions for the CBA,...

Dear Andy.(Credit @ work)(management of employee performance)(Column)
March 1, 2008... [ILLUSTRATION OMITTED] Dear Andy, I've been having performance issues lately with an employee who has been one of my strongest staff members in the past. What is the best way for me to bring this to his attention and resolve the issue?...

State law artisans' lien rights defeat preference exposure: the saga continues.(credit column)
March 1, 2008... If this writer is a bit repetitive in pointing out recent court decisions that uphold a trade creditor's fully secured state law possessory artisans' lien rights as a full defense to preference exposure, well let's just call this an...

Correction.(credit column)(Correction notice)
March 1, 2008... In a January Credit Column article, we incorrectly identified Randy Nicola as an esquire. Mr. Nicola is not an attorney at law. We apologize for any inconvenience.

NACM's Mechanic's Lien and Bond Services takes to the road.(TRADELINE)
March 1, 2008... Celebrating its one-year anniversary in February, NACM's Mechanic's Lien and Bond Services recently began offering onsite training for its customers and prospects. If you have ever attended an MLBS workshop presented by Greg Powelson,...

Meet your 2007 article of the year award winner: Lloyd Eichorn, CCE.(member PROFILE)(Interview)
March 1, 2008... The reason Lloyd Eichorn, CCE says he writes is for the enjoyment. He believes in communicating to others, from a business standpoint, the ideas he has learned over his career. When he wrote "Credit Chameleon," the article that won him the 2007...

Tino Cannavino named Credit Personality of the Year.(member news)(Imperial Tobacco Canada Ltd.)
March 1, 2008... Agostino (Tino) Cannavino, ITCAN's assistant manager, credit and corporate disbursements, has received a major award from one of Canada's most prestigious professional institutes in recognition of the part he played in ITCAN's monumental move...

NACM Houston's toys for Tots program.(member news)(National Association of Credit Management)(Marine Toys for Tots Foundation)(Brief article)
March 1, 2008... [ILLUSTRATION OMITTED] Through a cooperative effort of its member companies, Board of Directors, staff and partners, NACM Houston was able to assist the United States Marine Corps Toys for Tots Campaign this past holiday season by...

FCIB (China) Chairman Mr. King Wai Chan elected acting Chairman of CCOIC and ICC China.(member news)(China Chamber of International Commerce)(Affiliate of International Chamber of Commerce in China)(Finance, Credit and International Business)(Brief article)
March 1, 2008... In December 2007, the China Chamber of International Commerce (CCOIC) held the First Congress of the Members in the Great Hall of the People in which more than 500 representatives from various industries attended. In its First Council Meeting,...

Top 10 reasons to take the CCE exam review.(extra credit)
March 1, 2008... 10. You will meet new networking buddies (you will need them) 9. Pain seems lessened when shared with others 8. Monsters do not really live under your bed or reside in testing Blue Books 7. Preview/view practice information without...

NACM's 112th Credit Congress Exposition: May 18-21, 2008 Louisville Kentucky: Kentucky International Convention Center.
March 1, 2008... Welcome to our March issue with comprehensive coverage of the 112th Credit Congress & Exposition! To follow, you will find descriptions of the educational sessions, information on networking events, program scheduling, exhibitor listing, tour...

Women helping women: how mentoring can help your business.(extra credit)
March 1, 2008... Corporate America spends millions of dollars each year to make the workplace more efficient and productive. Finding and retaining talented and experienced workers is key to reducing turnover and high operational costs. Mentoring new employees...

In the drop zone: regulators continue to work toward one global set of accounting standards, but as IFRS and GAAP are converged, it's not how you and, it's how you fall.(international feature)
March 1, 2008... [ILLUSTRATION OMITTED] Over the past few years, the Securities and Exchange Commission (SEC), the Financial Accounting Standards Board (FASB) and a slew of other foreign regulatory agencies have been slowly working to meld together the...

Hot spots: Morocco.(hot spots)
March 1, 2008... The foreign trade deficit increased to an all-time high last year, but the gap was easily bridged by capital inflows. The latest figures published by the Office des Changes in Rabat show that exports rose by only 7% in 2007, to 119.9 billion...

Confirmed, irrevocable letters of credit are not always the answer.(international)
March 1, 2008... Perhaps your company has dabbled with exporting for a few years and management likes the results: increased sales, access to markets that even out seasonal and economic cycles in the United States, new outlets for older products, etc. What was...

NACM credit manager's index: report for January 2008.(CMI)(National Association of Credit Management)
March 1, 2008... The seasonally adjusted Credit Manager's Index (CMI) fell for the fifth consecutive month in January, slipping 1.0 point to a record low of 51.4. The previous record had been set last month at 52.4. "Five of the index's 10 components fell, and...