 |
|
 |
|
 |
|
 |
|
 |
Our Subscribers Say...
I think Credit Today is fantastic. You cover many practical topics in the credit field that I use regularly. Just one recent example—a conversation on the ListServ about preferential payments—gave me tips that I used in an actual case. The specific information I picked up from this one discussion saved me $10,000, enough to cover my membership for many years!
- Steve Savino
Manager of Credit & Collections, ASSA Abloy Americas Division, New Haven, CT
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-eminent 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 |
|
|
 |
Technology Today
Coping with today's fast-paced change is difficult. Change can bury you if you're not ready. But at Credit Today we believe that today's technology tools present you with an extraordinary opportunity to make quantum leaps in productivity. Read on to learn about credit scoring models, document imaging, electronic check conversion, Internet bill presentment and payment systems, combating payment optimization programs, the use of E-mail, and enterprise sytems.
|
Designing and Implementing Your Ideal Credit App
Just about every customer relationship begins with their filling out your credit app. So there are few investments in time and effort that you can make with more lasting payoffs than designing an app that elicits exactly the information you need in a form that you can use most efficiently. Get the story behind one of the best online credit apps we've seen: - How it is structured in order to capture the most information possible
- What has been done to make the form as user-friendly as possible
- What has been done to have different answers cause different questions to be directed to the applicant
- The advantages of automation that go well beyond the data captured
- How it helps back office efficiency and accuracy as well as sales
- What the development challenges were
. . .
keep reading
|
Was hoping you could provide me with your thoughts on Cortera, Experian, and other credit management software.
April 9, 2013
Was hoping you could provide me with your thoughts on Cortera, Experian, and other credit management software. My company currently belongs to several regional and industry specific credit associations which we pull reports through, but I am considering dropping the regional association (the industry specific association remains extremely useful and cost-effective) and switching to some form of credit management software. Would appreciate anyone willing to share their positive or negative experiences with the current available credit software offerings? . . .
keep reading
|
Changing to eRAM cloud, eRAM land or to DNBi. What about it?
March 20, 2013
I am currently in negotiations with D&B for my yearly contract. We have the RAM software that we use to score our customers and do many other things as well. They will no longer support the RAM software so they are advising me to change to eRAM cloud, eRAM land or to DNBi. I was wondering if anyone has experience with these three programs. They are saying we will have to pay $20k more for the land version of eRAM than the cloud version, stating it is because of technical costs. I have an appointment later today to discuss this further and was looking for feedback. . . .
keep reading
|
Managing Change
By Peggy Morrow
Are you experiencing any changes in your personal or professional life? Are you experiencing any frustrations associated with those changes? Of course you are. Both managers and employees experience a sense of frustration during times of change and we are now moving through times of extreme change. Think of business as if you were riding a bicycle. You either have to keep moving or you fall down. . . .
keep reading
|
What are the benefits of electronic invoicing?
January 15, 2013
Several years ago I read an article about the benefits of electronic invoicing with the main benefit being a reduction in DSO of approximately 8 days. I'm wondering if anyone has in fact researched this data or can anyone share their experiences in switching to E-Invoicing and what savings, not only in cost of funds, but postage, personnel, etc. you may have experienced? I always appreciate the feedback from this group! . . .
keep reading
|
What do you like about these ERP systems? Epicor 9, JD Edwards, Microsoft AX
December 7, 2012
We are looking at several ERP systems to replace an aging DataFlo system for our company and subsidiaries. The three systems we are looking at are: • Epicor 9 • JD Edwards • Microsoft AX I would appreciate comments from users of any of the systems for features you like/dislike and the need for third-party modules for credit and deductions. . . .
keep reading
|
Is anyone using financial statement spreading software and what is the software called?
September 28, 2012
Currently we are using an in-house created financial statement spread tool. The tool is effective to provide ratio analysis for one customer, but I am seeking a tool that enables me to take our population of customers' financial statements and do analysis on the population. For example, what is our overall population's average operating income, average debt to worth, etc. It would also be nice to be able to see the same analytics broken down by region (state, country, etc). Is anyone using financial statement spreading software and what is the software called? Do you recommend the software? Can it do what I am seeking it to do? . . .
keep reading
|
Curing Deduction Problems
Deduction problems are notoriously self-inflicted wounds, often caused by correctible mistakes or oversights allowed to go uncorrected within the company. Those wounds can fester dangerously when the deductions remain concealed within an opaque accounting system. Here's one company's prescription for a cure. Learn... - How this credit exec worked within an SAP system to get better reporting
- The importance of status codes for categories of deductions
- The importance of assigning responsibility
- How better reporting helped get Sales on the same page as Credit
- What vendor this firm chose for the project
- How and why better information on your deductions will stengthen your bargaining position with customers
- What deduction reporting is generated for top management
. . .
keep reading
|
Systems-Savvy Credit Staffers--A Growing Hiring Priority
Being "systems-savvy" has rated right up there with relationship skills in credit work for some time now. At some large companies -- especially those that make numerous acquisitions -- that ability has become all-important. If you found yourself managing two or more credit operations using two or more different information systems, would your department be ready? . . .
keep reading
|
Tech Notes: SAP Acquires Ariba; Why Credit Pros Should Care
By David Schmidt
Recently, ERP behemoth SAP announced its intention to spend $4.3 billion to acquire Ariba, a leading business-to-business trading network. Ariba provides collaboration, automation, and analysis tools for its network's more than 730,000 member organizations. It is primarily engaged by payables organizations as a portal for the electronic submission of invoices by their suppliers and the subsequent electronic payment of those invoices. . . .
keep reading
|
Tech Notes: Remittance Processing Automation Advances
By David Schmidt
Traditionally, companies have had two options with regard to processing remittances: - Outsource processing to a bank lockbox operation that typically charges by the keystroke to capture enough remittance details for you to automatically match the payments to your receivables
- Manually apply the cash in-house
However, all that has now changed with recent technology advances. In this tech notes piece we take a look at: - how recent technology breakthroughs in both remote deposit capture (RDC) and intelligent document recognition (IDR), now allow you to process payments much more efficiently than ever before
- two new vendors handling this advanced technology
- how the new technology allows you to eliminate lockbox fees
. . .
keep reading
|
Coface Country Risk Updates: The crisis worsens in Southern Europe and the Indian model begins to show signs of struggle
July 10, 2012
The recession in Southern Europe is becoming increasingly severe in Spain and Italy and has spread to Cyprus. The contraction in activity in these three countries is expected to be respectively 2%, 1.8% and 1.3% for the year 2012. Additionally, there is some concern about the emerging markets. The first signs of struggle in the Indian economic growth model and a deterioration in the business climate in Argentina are beginning to emerge. However, Indonesia -- bolstered by the vitality of its domestic market -- is demonstrating a significant ability to withstand external shocks. . . .
keep reading
|
What do you think of Cforia collection software?
July 3, 2012
I know this has been discussed recently, however, reposing the question around Cforia collection software. We are trying to narrow our search down to the selection process and are looking to hear from any of you that have recently implemented, pros, cons, ROI's etc. Cforia will offer up references. However, wanted to advance our due diligence by hearing from many of you that may currently use the solution. . . .
keep reading
|
|
|
|
|
Bankruptcy Issues
