Business Credit articles from May 2002

Business Credit archives from May 2002

NACM/CFDD--an investment in your career. (Guest Viewpoint).(Brief Article)
May 1, 2002... It has been a privilege to serve as your National Chairman for CFDD this past year. As I write this article, I cannot help but ponder the impact that both NACM and CFDD have had on my career and my life. Most of you work for companies that...

Has the Enron debacle threatened your organization's trust? (Personnel Matters).(Brief Article)
May 1, 2002... Workers who months ago may have been questioning whether their jobs were at risk in slowing economy are now questioning much, much more. In the wake of the Enron collapse and the questions surrounding lies and deceit from the company's...

Protect your company from security breaches: new telephone safety protocols for the new century. (Professionals at Work).(Brief Article)
May 1, 2002... Issues of workplace privacy, security and safety take on a new emphasis in today's business world. As our society changes and becomes more global, every employee has a new responsibility to protect both their co-workers and their company....

Interested in notices, mechanic's liens, bond claims, UCC's.(Brief Article)
May 1, 2002... Call us, we wrote the books! Our direction is determined by you, the credit professional. That premise was established by our founder, a former credit manager, over 30 years ago and is, and will continue to be, the driving force of our...

Time for change?
May 1, 2002... Ask any credit pro what their biggest challenge is, and chances are they will answer "not enough time." Suzanne Koch, CCE, Corporate Credit Manager with Foster Poultry Farms, Turlock, CA, and Western Region Director on NACM's National Board...

How to improve collection quality in a technology dominated environment. (Business Credit Selected Topic).
May 1, 2002... Over the past decade, new technology' has greatly improved collection productivity in loan collection operations by increasing the numbers of calls made and allowing collectors to handle large account loads. While these new technologies are...

Do you know who your most profitable customers are? (Business Credit Selected Topic).
May 1, 2002... Sifting through reams of accounting data on hundreds or even thousands of customers manually is costly, inefficient and largely ineffective in identifying customers that are either (a) Are not generating the desired return on investment or...

Is your customer in the "zone of insolvency" and unable to pay vendors--yet pay bondholders? (Legal Corner).(Brief Article)(Statistical Data Included)
May 1, 2002... Credit professionals whose companies are providing goods and services on credit to telecommunication customers, indeed, companies whose value is comprised of intangible assets, are vigilant for red flags indicating greater risk with sales to...

The Kmart trade lien program--is it what it is cracked up to be? (Business Law).(Statistical Data Included)
May 1, 2002... Introduction A company's need for trade credit only increases when it encounters financial difficulties, and particularly when it flies a Chapter 11 petition. That leaves a trade creditor between a rock and a hard place. The Bankruptcy...

Easy ways to lead your company to success. (Personal Outlook).(Brief Article)
May 1, 2002... Poor management causes countless problems in the workplace. Lack of employee morale and productivity, poor communications, lack of employee trust in the company... these shortcomings are endless and pervasive in today's corporations. While no...

Mechanics' liens in Indiana. (Construction Corner).
May 1, 2002... Indiana mechanics' liens are different from many other states. Iris important to analyze the particular construction project to determine whether it is a private project subject to mechanics' liens or whether it is a municipal, state or other...

Case study: CompUSA and GETPAID strategic receivables management. (Advertisement).(Brief Article)
May 1, 2002... According to David Miller, Director of Operations for Financial Services at CompUSA, the decision to implement an automated solution for receivables management rested primarily on the need for a more efficient method of managing their high...

Global economic and business data for credit managers. (International Affairs Section).
May 1, 2002... Only a few years ago, most macroeconomic data were of far less importance to credit professionals. The numbers were too broad and lagged too far behind reality to play a significant role in planning or decision-making. All of that has changed...

UCP500. (International Affairs Section).(trade finance regulations)(Brief Article)(Column)
May 1, 2002... This sixth commentary on UCP500 examines Article 10. The re-drafting of Article 10 from its equivalent in the previous UCP seemed to cause an unexpectedly large number of difficulties, particularly for the banks themselves, partly as a...

Hot Spots: Vietnam. (International Insight).
May 1, 2002... The long-delayed, historic trade pact with thc United States, which Vietnam's National Assembly approved late last year, has finally gone into effect. Despite the long runup to its implementation (the deal was signed back in 2000), most...

Ex-Im Bank-a new role in partnership with the private sector. (International Affairs Section).
May 1, 2002... It is clear that the interest in credit insurance and ancillary trade credit risk transfer products has been very strong over the past several years in the U.S. Premium growth out of the private sector carriers for both domestic and export...

Insolvency: The Canadian landscape. (International Affairs Section).
May 1, 2002... In business, it is always helpful to have an understanding of the rights of those who are a party to commercial transactions. This becomes especially important in an insolvency context, when appropriate action may be necessary to protect a...

Force majeure. (Legal Jargon).(Brief Article)(Column)
May 1, 2002... The sufficiency of a contract's force majeure clause has received renewed interest in light of recent events. The catastrophic events of September 11 and the continued threat of terrorism, domestic and abroad, are a grim reminder that tragedy...

Director candidates to the NACM - National Board.(National Association of Credit Management)
May 1, 2002... There are three Director candidate openings on the National Board of Directors: one Director - Eastern' Region and two Director-at-Large positions. All three positions are for the term 2002-2005. We encourage you to take the time to read about...

NACM and CLLA's joint Legislative Conference. (Business Credit Selected Topic).(National Association of Credit Management, Commercial Law League of America)
May 1, 2002... This past March 10--12, NACM and Commercial Law League of America (CLLA) members came together at the Crystal Gateway Marriott hotel in Arlington, VA for the Annual Legislative Conference to learn how the latest developments in Washington will...

The NACM CLLA joint legislative conference-- a fist time attendee's point of view. (Business Credit Selected Topic).(National Association of Credit Management, Commercial Law League of America)
May 1, 2002... Where do you think you could go to get an up-to-date briefing on the United States Federal Budget, the state of the U.S. economy and the status of terrorist threats worldwide and at home? If you attended this year's NACM-CLLA Joint Legislative...

Las Vegas: it's anything and everything.(attractions in Las Vegas, Nevada)(Brief Article)
May 1, 2002... This is Las Vegas! It's adventure. It's romance. It's fine dining. It's dazzling shows, nonstop casino action, heart-pounding thrill rides, rejuvenating spa treatments and designer shopping. It's fun. It's excitement. It's where you want to...