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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!
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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."
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Credit Manager, Big Lots Stores, Inc., Wholesale Division
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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.
"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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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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ARMS' Credit Intelligence Dashboard Expands With A New Notification Feature
January 30, 2012
ARMS (Accounts Receivable Management Solutions), an affiliated company of Information Clearinghouse, Inc., released last week the latest enhancement to its Suite of Services with the Dashboard Notification Service. The portfolio-driven notification feature provides users with a seamless way of identifying derogatory information against only companies of interest . . .
keep reading
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Coface Report on Construction Sector: Persistent Credit Risk in Most Countries
January 24, 2012
The state of the construction sector closely reflects the world, regional and national economic trends, according to a report issued today on the global construction industry by credit insurer Coface. According to the report, "Global Construction: Substantial Geographic Differences, High Sensitivity to Economic Conditions, Permanent Credit Risk," which can be viewed online, the sector was badly hit by the 2009 crisis, and Coface notes that a large number of payment incidents were still occurring in 2011. . . .
keep reading
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Trade Payments Maintain Historic High for Q4 2011
January 18, 2012
Smyyth Credit Services, Inc., a leader in business credit risk and accounts receivable services, has released its Bernard Sands 2011 Q4 Aggregate Payment Quality Index (PQI). The Aggregate PQI shows that B2B accounts receivable trade payments recovered from a crisis-era low of PQI 68 in May 2008, and reached a recent era high of PQI 81 in September 2011, a trend which has continued through December 2011. . . .
keep reading
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Commercial Collection Placements Declined Significantly in 2011
January 17, 2012
Annette Waggoner, Executive Director of the Commercial Collection Agency Association of the Commercial Law League of America, reports that in 2011 commercial (B2B) accounts placed with CCAA members declined significantly. The dollars placed for collection declined by approximately 15.2% and the numbers of those accounts declined by approximately 19.5%. . . .
keep reading
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Billtrust and Mark Altman & Associates (MA&A) Announce Strategic Merger
January 17, 2012
Billtrust, the premier provider of outsourced billing services, today announced a merger with Mark Altman & Associates (MA&A), a leading provider of comprehensive billing solutions serving municipal, utility and private sector customers nationwide. The merger, which will allow customers to benefit from a broad range of operating synergies, enables Billtrust to accelerate its growth in key municipal and utility markets. . . .
keep reading
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GAIN Gift Industry Credit Group and ABC-Amega Partner with GHTA
January 17, 2012
ABC-Amega announces the partnership of Gift Associates Interchange Network, Inc. (GAIN), a credit group managed by ABC-Amega since 1992, with The Gift and Home Trade Association (GHTA), a professional organization for manufacturers, importers and distributors in the gift, garden, and home industries. Through GHTA's efforts, the partnership will increase membership in GAIN, the premier industry credit group for credit professionals in the giftware and related industries. As a result, members will have access to more extensive and comprehensive payment information on retailers in the industry. . . .
keep reading
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New Product for DNBi Customers Delivers Greater Insight into Risk and Opportunity across a Customer Base
January 17, 2012
D&B (NYSE: DNB), the world's leading source of commercial information and insight on businesses, announced Portfolio Risk Manager™ for DNBi to enhance the DNBi Risk Management™ suite of products. Portfolio Risk Manager for DNBi is the only on-demand and customizable solution that combines proprietary D&B insight with users' customer data, allowing businesses to see risk and opportunity across their entire customer base --through simple one-click reports. Credit professionals at more than 20,000 companies use DNBi Risk Management as the authority in credit risk management to help protect businesses from financial risk. . . .
keep reading
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Coface Country Risk Outlook: European growth in 2012 will be -0.1%, with US at +1.6% and Japan at +1.8
January 16, 2012
The European economy will experience recession in 2012 with a -0.1% growth rate, according to Coface, one of the world's leading trade credit insurers. The US economy will grow +1.6% in 2012, while Japan will grow at +1.8%. The forecasts were announced here today at the Coface Country Risk Conference. According to Coface economists, overall growth in the advanced economies will be +1.1% while growth in emerging economies will be +5.1%. However, Coface warns of increased political risk in emerging countries. . . .
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Smyyth Finance & Accounting Staffing Services Expansion of Services and New Managing Director
January 9, 2012
Smyyth Finance & Accounting Staffing, a unit of Smyyth LLC, announces an expansion and a new Managing Director for Finance, Treasury, Accounting and Credit staffing operations. Since its founding as "Alberta-Smyth" in 1906, Smyyth has had an outstanding reputation for specialized recruiting and professional staffing. In response to market needs, we are broadening these services to include all financial and accounting functions, with a specialty in "order-to-cash". . . .
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IAB Solutions Completes SAS 70 Type II Audit
January 2012
IAB Solutions LLC, a pioneer in the accounts receivable and deduction management industry announced today that it has successfully completed the rigorous Statement on Auditing Standards No. 70 (SAS 70) Type II audit process. The company engaged a leading independent audit firm to perform this extensive review. The SAS 70 Type II audit establishes that IAB employs uniform and reliable operational controls and safeguards as a host and processor of data belonging to their clients. . . .
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ARMS Releases First Round of Future Retail Store Closures for 2012
January 3, 2012
ARMS (Accounts Receivable Management Solutions), an affiliated company of Information Clearinghouse, Inc., released last week the latest list of planned retail store closings for 2012 in the Tomorrow's News Today (TNT) Database. The TNT Database now includes the initial 79 Sears/ Kmart locations closing in conjunction with the company's 2012 business plan, in addition to other store closures of interest such as J.C. Penney, Target, Petco, Barnes & Noble, Old Navy, Bon-Ton, Toys R Us and more. Through extensive research . . .
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Billtrust Relocates Headquarters and Operations to Accommodate Rapid Growth
December 20, 2011
To help accommodate a growth trajectory that has seen the company expand at a rate of 50% annually over the last decade, Billtrust, the premier provider of outsourced billing services, is moving its corporate headquarters and New Jersey operations center to larger facilities in Hamilton, NJ. The new location will allow Billtrust to continue welcoming customers at a fast pace and give the company ample space for developing and delivering even more sophisticated offerings and services. It is convenient to major commerce centers, including New York and Philadelphia. . . .
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Latitude Software Suite Deployed by Cogeco to Improve Debt Collection Operations
December 19, 2011
The debt collection solution from Latitude Software, an Interactive Intelligence Group Inc. (Nasdaq: ININ) company, has been deployed by Cogeco Cable Inc. to improve its collection operations. Cogeco Cable, a Canadian-based provider of residential and commercial cable, telephone and Internet services, has cited Latitude software suite's flexible architecture as a major benefit. . . .
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Outlook 2012
This month's survey explores...
- What the top problems are facing credit execs currently, and
- What the top improvement initiatives are.
Click here to participate!
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Webinars
