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Our Subscribers Say...
Credit Today's Resource Directory and their online e-mail forum (ListServ) provide information on almost any credit-related topic you can think of. It is a great way to exchange information with other credit professionals. As the saying goes, "You don't know what you don't know."
- Scott Goen,
Credit Manager, Big Lots Stores, Inc., Wholesale Division
"We've recently started using the ListServ tool within Credit Today. This is phenomenal and powerful forum for gaining immediate feedback, ideas, and suggestions, relative to any credit topic under the sun, all in a real-time e-mail format."
-Javier Vela, Senior Credit Manager, Global Credit Services, JDA Software Group Inc.
"Being a part of the Credit Today online community is like having the expertise of hundreds of credit managers at your fingertips. These credit execs are willing to help you solve topical business issues as they arise. In the current environment of ever increasing competing priorities which reduce our opportunities to meet peers out of the office face-to-face, this is the most valuable tool you can have on your desktop! It's important that we have a mechanism to reach out to our counterparts quickly to exchange knowledge as well as to stay on top of industry trends."
- Victoria Artis, Director of Customer Financial Services, Pfizer, Inc.
"Over the last 10 years I've seen Credit Today evolve from a monthly credit publication into a quality source of information and guidance for the B2B credit community. The website, with its user friendly form downloads, will take you from examples of new account credit applications to bankruptcy forms and everything in between.
The Credit Today ListServ has become the pre-imminent online forum, providing an opportunity for discussion and comments (and occasional humor) from an impressive list of credit professionals."
David Dungan, Director of Credit
Justin Brands, Inc. (A Berkshire Hathaway company)
Fort Worth, Texas
"There are numerous credit periodicals available to the credit professional today. How good is Credit Today? Is it relevant? I always have to read it late, or online because my credit analysts want to read it the minute it comes in. When my staff wants to read a publication before I have a chance to read it then something is working in that publication. We have cancelled our other subscriptions. When you have the best you do not need the rest."
Ron Woods
Corporate Credit Manager-World Wide
Thales Navigation, Inc.
"The newsletter, coupled with the website and the ListServ, are to us, more valuable than any other credit publication, bar none. I try to use at least one article out of each newsletter for departmental training/discussion sessions."
D. Mark Constantine
Corporate Credit Mgr
Fulton Paper Company
"I love Credit Today and read every issue cover to cover. For me, the greatest perk of a subscription is ListServ. I believe Credit Today's ListServ members may be the most knowledgeable Credit brain trust in existence today. I have saved and categorized hundreds of contributions on a wide variety of topics which I refer to often. It's an easy and cost effective way to network and learn."
Doug M. Thomas
Kimberly-Clark Customer Financial Services |
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Teradata Accelerate for Credit and Collections for Utilities Helps Manage Credit Risk
February 3, 2010
Bundled software, hardware and services reduce risk and provide rapid time to value DAYTON, Ohio, Feb. 3 /PRNewswire/ -- Teradata Corporation (NYSE:TDC) , the world's largest company solely focused on data warehousing and enterprise analytics, today introduced Teradata Accelerate for Credit and Collections for Utilities, a bundled package that includes Teradata Database software, Teradata's Purpose-Built Platform Family, application software and Teradata Utility Industry Professional Services. Teradata Accelerate for Credit and Collections for Utilities was developed to enable utility companies to manage credit risk with high-risk customers through analysis of payment history, propensity to pay and economic data. For most utilities, accounts receivables are typically the largest current assets on the balance sheet and a properly managed accounts receivable portfolio can expedite cash flow and increase working capital for the utility. "The keys to minimizing credit risk lie in managing the remittance process and the credit and collections processes. By comparing payment history to the current period, utilities can discern bad debt risk from slow payers and apply corrective action accordingly. This requires having the right data, efficiently organized, and the ability to ask effective questions of that data - to conduct analysis," Teradata Corporation Senior Director Global Industry Solutions Bryan Truex, said. "One customer automated its credit risk analysis and now continuously monitors its high-risk commercial and industrial customers. That utility has seen a near 50 percent improvement in corporate collections." Teradata Accelerate for Credit and Collections for Utilities also models residential customer behavior using typical consumer indicators of increasing risk. A utility in the Southeast has increased residential collections by 25 percent. Like other Accelerate packages from Teradata, Accelerate for Credit and Collections for Utilities was designed for implementation in under 120 days for low implementation risk and fast return on investment. Product options include a choice of business intelligence tools and extract, transform and load tools from Teradata partners. About Teradata
Teradata Corporation (NYSE:TDC) is the world's largest company solely focused on raising intelligence and achieving enterprise agility through its database software, enterprise data warehousing, data warehouse appliances, consulting, and enterprise analytics. Visit Teradata on the web at www.teradata.com.
Teradata is a trademark or registered trademark of Teradata Corporation in the United States and other countries. Photo: http://www.newscom.com/cgi-bin/prnh/20090909/TERADATALOGO
AP Archive: http://photoarchive.ap.org/
Source: Teradata Corporation CONTACT: D'Anne Hotchkiss of Teradata Corporation, +1-609-433-1715,
D'Anne.Hotchkiss@Teradata.com Web Site: http://www.teradata.com/
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This month's topic: Extended Terms Requests
Click here to participate!
We're examining:
- Whether there has been an increase or decrease in requests for extended terms recently
- Whether or not credit departments have policies relative to extended terms requests
- Whether or not extended terms impact sales commissions
- What the primary factors are when considering extended terms requests
- Who is ultimately responsible for approving extended terms
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