Business Credit articles from November 2002

Business Credit archives from November 2002

Election day...what did this mean to the credit professional? (The Scoop).(effect of elections on business)(Brief Article)
November 1, 2002... The Republican sweep of the November mid-term elections have left the House, Senate and White House in the hands of the GOP for the first time in 40 years. While there is much optimism that a business-friendly Congress will be able to move on...

The changing face of credit management. (The Scoop).(use of integration in business is discussed)(Brief Article)
November 1, 2002... Integration has been a theme in business for decades. The bottom line gets enhanced when all of the parts of the business process are linked together in an informed fashion. There is growing evidence that this understanding is penetrating the...

You can't fight fraud in a vacuum. (The Scoop).
November 1, 2002... Fraud training is unfortunately necessary to make a well-rounded credit professional in today's business environment. However, due to the changing methods of operation and credit criminals who have perfected their craft, fraud is in a constant...

Learn to protect yourself. (The Scoop).(new laws effecting the credit manager)
November 1, 2002... With the public policy-makers--both in legislative halls and regulatory agencies--paying increasing attention to the credit function and credit practices, it is critical that credit professionals are aware of the many legal statutes surrounding...

The language of business. (The Scoop).(importance of learning accounting for business )(Brief Article)
November 1, 2002... Accounting is commonly referred to as the "language of business". It can convey the economic activity and condition of a business to its stakeholders. That stakeholder may be another business or an individual. Both personally and professionally...

Inspiration. (National Commentary).
November 1, 2002... I recently was handed a book by colleague that I have found particularly intriguing. The name of the book, The Ten Demandments, by Kelly Mooney, explores the things that customers want, need and expect from the company they are doing business...

Warning signs of troubled companies. (Business Credit Selected Topic).
November 1, 2002... Imagine a crystal ball could be used to select lottery numbers, horse races, the stock market or in the case of credit executives, when will there be another high profile bankruptcy and who will be involved. I the last year, answering the who...

The ordinary course of business defense to a preference claim: ordinary business terms count too! (Business Law).
November 1, 2002... Introduction What is worse than being uninvited from your 30th high school reunion, a fate that recently befell the author when he questioned the price? A credit grantor's receipt of a demand for repayment of a preference, of course! But...

Credit insurance: broker vs. direct agent.
November 1, 2002... You get to your hotel room after 10 hours of travel, two meetings and a dinner. You have been awake for over 18 hours and suddenly realize you neglected to pack something, perhaps a tie, belt or scarf. You quickly take the elevator down to the...

Legal corner.(reveiw of aspects of business law)
November 1, 2002... Reducing Credit Risk: Are Your Publicly Traded Customers' Financial Statements More Reliable in Light of New Federal Legislation? A Review of the Sarbanes-Oxley Act of 2002 and What It Means to the Credit Professional Headlines of...

Moving beyond Letters of Credit in international trade finance.
November 1, 2002... For over a century, the Letter of Credit (LC) has served as the primary international trade financing tool. The LC owes its remarkable success to the fact that is has so effectively fulfilled its dual mission of minimizing risk and facilitating...

Financing the new frontier: The effects of fiscal and political trends on the Latin American economy.
November 1, 2002... Latin America represents one of the most attractive export regions in the world. With 514.7 million people in 33 countries, the continent south of our border is ripe with customers and companies wanting to buy and sell U.S. products and...

Collection productivity--transferring effort into dollars.
November 1, 2002... Improving productivity is about working smarter, not working harder. Performance measures are a tool to help us understand, manage and improve what our organizations do. Productivity indicates a technical relationship between output...

National Honors and Awards program.(for business credit professionals)
November 1, 2002... The National Credit Executive of the Year and the Designation of Excellence Awards are designed to recognize exemplary service and commitment by professional designation holders to the business credit profession. At the annual Credit Congress,...

The 2002 All-South Credit Conference--a Texas-size success!(National Association of Credit Management)
November 1, 2002... The conference program focused on education and was very supportive of NACM's professional certification program and its many continuing education opportunities. Among credit management professionals, NACM's professional certification program...

Hot spots: Bahrain. (International Insight).
November 1, 2002... This tiny Persian Gulf state held elections on October 24 that were remarkable in several respects. For one thing, they were the first in nearly three decades. Bahrain, which was controlled by the Portuguese from 1521 until 1602, came under the...

Basel II and the survival of the SME: are lenders and borrowers ready to comply with Basel II? (International Affairs Section).(Basel II Accord on capital adequacy, small- and medium sized companies)
November 1, 2002... The Basel II Accord on capital adequacy has triggered a fundamental change in the attitude of banks towards borrowers, especially small- and medium sized companies (SMEs). Banks are reviewing their portfolios today along the lines of the...

Protecting corporate balance sheets against political uncertainty. (International Affairs Section).
November 1, 2002... As trade barriers have crumbled in recent years, companies seeking to globalize their businesses have eagerly expanded into new markets outside the United States and Western Europe. Mexico, for instance, was the United Stares' second biggest...

Insurance that provides counsel for your business practices credit insurance: A new business partner. (International Affairs Section).
November 1, 2002... Imagine if your automobile insurance company warned you of an impending accident seconds before the accident occurred, allowing you time to change your course. Or suppose your disability insurance agent pushed you out of harm's way as a piece...

FTAA's uncertain path. (International Affairs Section).(Free Trade Area of the Americas)
November 1, 2002... The FTAA will boost trade and improve credit conditions throughout the hemisphere, but new disputes hamper progress. Negotiations for the Free Trade Area of the Americas (FTAA) have never seemed so important or so unlikely to materialize....

Apply now to serve on the 2003-2004 NACM-National Board of Directors.(National Association of Credit Management)
November 1, 2002... If you are an innovative leader and thinker, are willing to pursue new ideas, willing to challenge the present in order to meet the needs of the future... your volunteer service is needed on the NACM-National Board of Directors. Volunteer...

Using mediation and arbitration to resolve construction disputes. (Business Credit Selected Topic).
November 1, 2002... "...Trials By the Adversarial Contest Must in Time Go the Way of the Ancient Trial by Battle and Blood." --Former Chief Justice Warren Burger Almost every construction project leads to disputes between the general contractor,...

Mechanic's liens in Maine. (Construction Corner).
November 1, 2002... INTRODUCTION Using the mechanic's lien law can be an effective tool for subcontractors and suppliers for collecting payment and for proactively managing credit. This article will describe the mechanic's lien statutes of Maine and how...

Antitrust in this Internet era: more myths to dispel and realities to understand. (Business Credit Selected Topic).
November 1, 2002... Antitrust statutes haven't changed. Yet, the means by which most credit executives obtain and transmit credit information is changing on a daily basis. And, beyond the swap of trade references, some credit groups conduct their trade meetings...

America's jobs first. (Guest Viewpoint).
November 1, 2002... The free trade message is drowning in the U.S. Congress; the current global trade round is suffering and for the same reasons; and the image of corporate America is sagging badly and for related reasons. The movement of U.S. operations,...

A great reputation speaks for itself.(Robert Half Finance & Accounting's placement services for accountants and finance professionals)
November 1, 2002... For more than 50 years, Robert Half Finance & Accounting has been the world's first and largest recruiting firm specializing in the placement of accounting and finance professionals. Listed below is a sampling of positions available through...