Business Credit articles from October 2003

Business Credit archives from October 2003

Confidence--noun: self-assurance arising from an appreciation of one's abilities.(the scoop)(Brief Article)
October 1, 2003... Confidence in our credit decisions is critical. But what is the driving force behind confident decision makers? The answer is quality risk assessment and appropriate credit line recommendations. These two factors minimize risks and allow...

CFOs expect slight hiring increase, survey shows.(the scoop)(Brief Article)
October 1, 2003... The hiring of accounting and finance professionals is expected to increase modestly in the fourth quarter of 2003, according to the Robert Half International Financial Hiring Index. Eight percent of 1,400 chief financial officers (CFOs)...

Loss Prevention Group assists law enforcement.(the scoop)(Brief Article)
October 1, 2003... NACM's Loss Prevention Group is currently working on matters receiving attention from a local and federal law enforcement in southern California and the Las Vegas NV area. In addition, Loss Prevention Group information was recently requested by...

Invoicing the government.(the scoop)(Brief Article)
October 1, 2003... Government Receivables can be some of the most difficult invoices to collect. With the exception of the fiscal year 1997 budget debate, the government is a risk-free customer. The NACM Government Receivables Group provides a vehicle to help...

Why Smart Executives fail and what you can learn from their mistakes.(the scoop)(Brief Article)
October 1, 2003... There's a scenario that keeps repeating itself in today's business climate. A company is voted one of the most admired in the world. Then three or four years later, it's in dire financial trouble. A CEO is celebrated on the covers of...

NACM calendar.(Calendar)
October 1, 2003... OCTOBER October 12-14, 2003 FCIB 113th International Round Table Conference & Workshop Munich, Germany For more information, please contact FCIB. October 15-17, 2003 Credit Research Foundation Credit and Accounts...

Defeating today's blues.(Credit Column)
October 1, 2003... In today's tough economic environment, it's hard to maintain a positive outlook--looking forward to each and every new workday with a "can do" attitude. There never seems to be enough time to accomplish everything on our daily "to do" list. At...

A new limit on the new value preference defense.(Credit Column)
October 1, 2003... Introduction The theme of this month's Business Credit is E-Commerce and the Internet. Ah shucks--does that mean preferences get skipped this month? Not on your life! The editorial authorities did not figure on another visit to the...

Is there an Internet in your process?(feature article)
October 1, 2003... In the past decade, the Internet has evolved from a novelty enjoyed primarily by techno-enthusiasts to an indispensable business tool. In the beginning, it offered credit pros little more than a communication tool (e-mail) and an information...

Trust fund agreements.(Communique)
October 1, 2003... Trust Fund Agreements Since the upswing in bankruptcies a couple of years ago, vendors have been searching for relief from insolvencies. Creditors have an important advantage and lower risk when doing business in a state with a Trust Fund...

Electronic bill presentment and payment: is it just a click away? (1).(feature article)
October 1, 2003... Introduction and Summary This article concerns electronic bill presentment and payment (EBPP) in the business-to-customer (B2C) marketplace and, more specifically, remote bill payments (as opposed to payments made at the point of sale)....

The new game in town: recovery and value-based legal fees.(Selected Topic)
October 1, 2003... These days, watching customer creditworthiness is as much of nail-biter as watching your favorite basketball team miss every key play in a championship game. Seeing the opposition steal the ball is tough enough, but not knowing what happens...

Let the audience understand!(Credit Column)
October 1, 2003... Today's technology staggers our minds; equally staggering to many business people is the responsibility of public speaking. Presenting new processes, new procedures, new software, and new product lines to a variety of audiences provides the...

Treasury and IT integration in plain English: Part II when treasury leads.(feature article)
October 1, 2003... "Integration" is the IT buzzword of the millennium, but it is neither a simple process nor a slam-dunk solution. An alarming percentage of integration projects fail. Typically, the more ambitious the objective, the more likely its outcome will...

How do you know where you're going if you don't know where you are?(Selected Topic)
October 1, 2003... Managing a successful credit organization is a complex task. The management team has a number of crucial areas to supervise and monitor in order to ensure a successful and profitable operation that meets the demands of internal and external...

The equal credit opportunity act, spousal guarantees and releases.(Credit Column)
October 1, 2003... Your credit application includes a personal guarantee form that includes a spouse's guarantee. Given the downturn in the economy, you insist that the president and her husband of the corporation you are selling on credit sign the joint personal...

A great reputation speaks for itself.(Robert Half Finance & Accounting Marketplace)
October 1, 2003... For more than 55 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...

Electronic bankruptcy noticing.(Selected Topic)
October 1, 2003... Many times creditors have asked us whether they could provide some central computer with their address, so that all bankruptcy notices would immediately go to that address. The day has arrived... in part. Many creditors struggle to quickly...

The Internet's role in the evolution of credit.(Selected Topic)
October 1, 2003... Today, we look back on the expectations for the Internet's impact on business commerce with laughable regret. Research firms hailed "B2B" the Internet's true genius and predicted billions of dollars of commerce would be conducted across the...

Global E-commerce growth.(International Section)
October 1, 2003... Global economic growth remains exceptionally weak, with the United States, Europe, Japan and Latin America all reporting sub-normal expansion rates, and no sign of a substantial improvement in sight. E-commerce growth, however, remains one of...

At a glance: worldwide credit conditions.(International Section)
October 1, 2003... CREDIT BRIEFINGS BRAZILIAN DOWNTURN. Real GDP in Brazil dropped 1.6% in the second quarter of 2003 and economists lowered GDP forecasts for the year to 1% or less, citing high interest rates and weak consumer and business spending. The...

Hot spots: China--Whither the Yuan.(International Section)
October 1, 2003... Dr. Belcsak is president of S.J. Rundt & Associates, Inc. telephone: 973.783.5206; fax: 973.744.3073; e-mail: info@rundtsintelligence.com; web site: www.rundtsintelligence.com U.S. Treasury Secretary John Snow trekked to Asia in early...

Congratulations.
October 1, 2003... The National Accreditation Committee and the NACM-National Education Department are pleased to announce the Credit Business Associates (CBA), Credit Business Fellows (CBF) and Certified Credit Executives (CCE) who successfully passed their...

Meet Suzanne Koch ...(Foster Poultry Farms )
October 1, 2003... Suzanne Koch has worked for Foster Poultry Farms for over 30 years, and is currently their Corporate Credit Manager. She could be considered a pioneer in the field of business credit, with regard to women. Suzanne's first position was in a...

Credit basics.(Required Reading)
October 1, 2003... CREDIT APPLICATIONS Key Points in a Credit Application The key points to consider in a credit application are continued from the September 2003 issue of Business Credit. Not every company may need the following information, but some...

What's your baseline: don't use the economy.(Credit Column)
October 1, 2003... Does looking at the economy and then back at your financials make you grim? You might not be as bad off as you thought you were. Since the economy shifted, the DOW and NASDAQ have hit new lows and droves have walked the unemployment plank. No...

Stages of the turnaround plan.(Selected Topic)
October 1, 2003... The length of time necessary complete a successful business turnaround varies. Basically, there are five stages to the turnaround process. These stages and the time required to complete each stage a listed below: Stage 1--Analysis of the...