Business Credit articles from September 2005

Business Credit archives from September 2005

Creditors exercising options for receivables management.(SELECTED TOPIC)
September 1, 2005... Creditors seeking help managing cash flow have great flexibility choosing not only among providers of receivable management services, but also among the services themselves. Given the growth and sophistication of the accounts receivable...

A vision for all of us.(NACM-NATIONAL Board of Directors 2005-2006)
September 1, 2005... All leaders have a vision... a goal... a level of excellence or performance where they visualize taking their organization and staff. In the last issue of Business Credit magazine, I stated that my personal goal for my term as Chairman of...

Hot spots: Malaysia.(INTERNATIONAL SECTION)
September 1, 2005... While all eyes were on China's revelation in late July that it had unpegged the yuan from the dollar and would henceforth keep it tied to a basket of currencies, the Malaysian government was able to cut the ringgit's long-standing link with the...

Expanding sales beyond your borders--the risks and rewards.(INTERNATIONAL SECTION)
September 1, 2005... Credit professionals are in a position to provide valuable guidance and expertise in helping to expand their company's business. Finding new markets is one of the best ways to boost a company's sales and bottom line, but it's becoming harder to...

NACM's asset protection group: another success story.(SELECTED TOPIC)
September 1, 2005... On May 12, 2000, a computer supplier reported that they received a credit application and an order from Gayer Computer Corporation (GCC) for a moderate six-figure line of credit. Information was requested from APG's network of members when...

GSCFM[R] The Graduate School of Credit and Financial Management.
September 1, 2005... NACM and Business Credit magazine congratulate the GSCFM Class of 2005 for an outstanding job! They have earned the prestigious Executive Award--GSCFM's certificate of completion. If you have a goal, if you are striving to be all you can be...

NACM credit manager's index: report for July 2005.(CREDIT MANAGER'S INDEX)
September 1, 2005... The Credit Manager's Index (CMI) stood at 56.7 percent, firmly entrenched above the 50 percent level, which implies economic growth. Although the CMI did slip 1.1 percent from June, Dan North, Chief Economist with credit insurer Euler Hermes...

Changing ways of managing collections and deductions.
September 1, 2005... The management of collections and deductions is a vital function of the credit department that helps to keep the revenue stream of a company flowing smoothly. A poor performance in collections, or a large number--or high value--of deductions...

A preference defense quartet: four recent court decisions to mull over.(CREDIT COLUMN)
September 1, 2005... Introduction Well folks, I missed reporting to you on bankruptcy developments as the focus has been on the recently passed and soon to be effective bankruptcy legislation. Meanwhile, there have been several court decisions of interest to...

The need for autocash in the collection and deduction process.(SELECTED TOPIC)
September 1, 2005... Accounts Receivable automation rarely gets as much attention from management as higher profile enterprise resource planning (ERP) and customer relationship management (CRM) initiatives. But ignoring automation in accounts receivable (A/R) is a...