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Our Subscribers Say...
"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."
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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
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Ron Woods
Corporate Credit Manager-World Wide
Thales Navigation, Inc.
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Corporate Credit Mgr
Fulton Paper Company
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Doug M. Thomas
Kimberly-Clark Customer Financial Services
"As a corporate credit manager with over two decades of experience, I consider Credit Today to be one of the best credit newsletters. Whether it is because of Credit Today's management, its distinguished panel of advisors, or the caliber of Credit Today's subscribers, it would be fair to say that some of the best and brightest minds in our profession are represented. The credit issues, technologies, news, credit department profiles, etc. are interesting and useful. Credit Today is a valuable reference and communications tool which I look forward to reading each month."
Paul Brunner
Corporate Credit Manager
Mitsubishi Electric Automation, Inc. |
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Press Releases From the Trade Credit Community
Get the latest news from industry vendors here! Look for press releases submitted by vendors to the credit community. Credit Today provides this as a centralized service for the credit community, but does not endorse the products mentioned herein.
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Businesses of all sizes showing signs of improvement, according to Experian's latest Business Benchmark Report
February 23, 2010
Experian®, the leading global information services company, today announced the results of its monthly Business Benchmark Report. In January, the national average number of days that businesses paid beyond the terms of their contracted amounts was 5.77. This number has decreased by 2 percent over the last six months, indicating overall payment behavior may be showing signs of improvement. In fact, businesses of all sizes, in all industries and across all regions have shown improvement in payment behavior. Additionally, the percentage of dollars . . .
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RMA, AFS Announce Survey Results on State of Enterprise Data to Support Credit Risk Management
February 9, 2010
The Risk Management Association (RMA) and Automated Financial Systems, Inc. (AFS) released results of their 2009 joint survey on enterprise data to support credit risk management. Seventy-five global institutions, with headquarters in North America, Europe, Africa, Australia, and Asia, completed the survey. The 2009 survey focused on data quality and approaches to data management. In the survey, 56.8% of participants rated data quality within their institution as average or worse, down from the previous two years surveyed. . . .
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D&B Reports 2009 Results; Provides 2010 Financial Guidance; Announces One-Time Strategic Technology Investment
February 4, 2010
- 2009 Full Year Diluted EPS Before Non-Core Gains and Charges Up 3%; GAAP Diluted EPS Up 7%
- Full Year Core Revenue Up 1% Before the Effect of Foreign Exchange; (Down 1% After the Effect of Foreign Exchange)
- Full Year Total Revenue on a GAAP Basis Down 1% Before the Effect of Foreign Exchange (Down 2% After the Effect of Foreign Exchange), Reflecting the Impact of a Divested Business in the Second Quarter of 2009
- Declares Increased Quarterly Cash Dividend to $0.35 Per Share
. . .
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IACC Board Named For 2010
February 1, 2010
(MINNEAPOLIS, Feb. 1, 2010) The International Association of Commercial Collectors (IACC) recently elected its board of directors for the 2010 year during the association's 39th Annual Convention in F . . .
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Accounts Placed for Collection With Collection Agencies Set a New Record
January 26, 2010
The Commercial Collection Agency Association (CCAA) reported that its members received a record volume of business-to-business accounts for collection in 2009. This represents an increase of 33.4 percent over 2008. Account placement in 2008 held the previous record, $13,311,932,553. Emil Hartleb, Executive Director of CCAA reported that in 2009 CCAA members received $17, 762,139,514 in accounts placed for collection. . . .
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RMA Appoints William F. Githens as President and CEO
January 26, 2010
William F. Githens has been appointed president and CEO of The Risk Management Association (RMA), effective January 26, 2010. The announcement was made by past RMA chairman Sonny B. Lyles, executive vice president and chief risk officer, Main Street Bank, Houston, who chaired the committee that conducted the nationwide search. . . .
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RMA Nets Major Award for Online Learning Series
January 15, 2010
The Risk Management Association has won an Omni Intermedia Award for its Lending Decision Process (LDP) online learning series, along with its vendor, Allen Communication Learning Services. RMA and Allen won a gold award in the educational category. RMA's Learning Decision Process curriculum offers quality education in an interactive, online forum that provides the flexibility to learn at each individual's pace and convenience. . . .
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This month's topic: Processing of Credit Applications
Click here to participate!
We're examining:
- What information is being captured on credit applications
- What additional information is being requested during the credit app process (such as personal guarantees, financial statements, resale certificates, etc.)
- What the primary challenges are relative to the processing of credit apps
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March 2010
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