 |
|
 |
|
 |
|
 |
|
 |
|
 |
===============
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 |
|
|
|
Vendor-Submitted Articles and White Papers
As a service to the credit community, Credit Today has created this section of our site as a forum for articles and white papers from within the vendor and consultant community. We consider these to be a valuable source of information and a great resource for credit execs, but do not endorse the writers or their views.
|
Nine Earmarks of the "Right" A/R Outsourcing Partner
August 31, 2010
Are you ready to make outsourcing a part of your ARM process? An increasing number of credit professionals already have. They're finding this strategy effective in taking control of their receivables and handling the challenges of managing DSO, cash flow and write-offs. One solution worth considering is outsourcing the collection of at least a portion of your accounts receivable portfolio. . . .
keep reading
|
U.S. businesses paying bills more slowly, according to Experian's latest Business Benchmark Report
August 31, 2010
Experian®, the leading global information services company, today announced the results of its monthly Business Benchmark Report. Findings from the July report show that the national average number of days that businesses paid their bills beyond contracted terms increased by 2 percent in July compared with June. When compared with six months ago, the average payment beyond contracted terms has increased by 3.3 percent. The July report also showed that the national average dollars delinquent and dollars severely delinquent (91 or more days) are up (6 percent and 13 percent, respectively) when compared with six months ago. . . .
keep reading
|
The Strategic Value of Centralized Collections
Cash collection is critical to every business. In this respect, nothing has changed for centuries; without cash, a company cannot pay workers, invest in production or fulfil customer orders. With receivables such a fundamental driver for the business, it is in some ways surprising that a large proportion of companies have yet to centralize and optimize their collections management, in many cases choosing to focus first on accounts payable. After all, few CFOs are awake at night worrying about whether a payment has been made; the same cannot be said for collections, which have a major impact on the company. This article looks at some of the challenges and issues involved in centralizing collections, and provides examples of how companies have addressed them. . . .
keep reading
|
First half of 2010 shows major improvement in risk scores for very large businesses, according to Experian's latest Business Benchmark Report
August 2, 2010
Costa Mesa, Calif., Aug. 02, 2010 -- Experian®, the leading global information services company, today announced the results of its monthly Business Benchmark Report. Findings from the June report show that since the beginning of the year, very large businesses (those with more than 1,000 employees) have shown a 25.9 percent improvement in the average commercial risk score* category, going from 33.0 in January to 41.5 in June. In contrast, nonemployer firms (those with no paid employees) showed a 3.3 percent improvement for the half overall, but saw a dramatic drop in Q2, falling from 61.2 in March to 59.9 in June. . . .
keep reading
|
Creditors' Claims Against Deceased Debtors: A Brief NC Guide
By William H. Pate & Craig G. Dalton June 13, 2010
In most cases, the rights of creditors against debtors are enforced through traditional collection suits, foreclosures, or other like actions. However, when the debtor is deceased, the procedures for creditors hoping to collect are different than the traditional avenues of collection. This article provides a brief outline of the remedies available to creditors and highlights some of the newest changes to North Carolina law with respect to claims against a decedent's estate. . . .
keep reading
|
Beware - Collection Agency Warning
The Commercial Collection Agency Association of the CLLA reports that it has been receiving quite a few calls from creditors and attorneys regarding a collection agency in Fresno, California called Maxwell Turner & Associates. These callers believe they have been scammed by this agency in two ways. . . .
keep reading
|
Final and Binding Arbitration
by David Greenberg
Move your receivable disputes out of the courtroom and into the conference room -- and you could drastically cut your international litigation budget! Opting to go with Final and Binding Arbitration not only reduces expenses -- it can speed up your recoveries as well. . . .
keep reading
|
Insist on a Completed Credit Application
by David Greenberg
With the onset of the recession in 2008, businesses have found it difficult to obtain credit lines from banks. As a result, more and more businesses have been using trade credit terms to fill the gap. Most fail to appreciate, however, that, like a line of credit, credit extensions to buyers are essentially loans. Now, if you were to go to your banker for a loan, you would expect him to require a completed application. So, it makes sense that when a potential buyer asks you for credit terms, which basically is an interest-free, short-term loan, you should also require a credit application. Apples to apples, right? . . .
keep reading
|
Escheatment: What are you obligated to report to the state?
By Scott E. Blakeley Esq
Is your corporation setting itself up to an unwanted or unclaimed credit audit? State regulator are enforcing escheatment laws more than ever today to offset budget shortfalls brought on by tax cuts, diminished fee collections and additional expenses associated with combating terrorism. If your company is not aware of the states' unclaimed property laws, or if they have largely ignored them hoping they would not get audited by the government - be aware as states are cracking down on enforcing escheatment laws today. . . .
keep reading
|
Regulating Commercial Debt Collection
By Loral Narayanan, May 26, 2010
Clients and prospects often ask us about ABC-Amega's adherence to the Fair Debt Collection Practices Act. Until we explain further, they're surprised when we tell them that we aren't regulated by the FDCPA. It isn't that ABC-Amega takes a cavalier attitude concerning legislation geared toward maintaining high standards within the collections industry. Quite the contrary, our core values center around the kinds of practices such legislation promotes. . . .
keep reading
|
|
|
 |
 |
This month's topic: Credit Card Usage
Click here to participate!
We're examining:
- What percentage of credit departments are currently accepting credit cards
- What percentage of sales are paid via credit card
- The various ways by which credit cards can be accepted (phone, web interface, etc.)
- Which merchant accounts are most popular
- What discount rates are being charged
- Lessons-learned when setting up an account
- ... and much more!
|
|
 |
|
 |
|
 |
|
September 2010
|
|
| S |
M |
T |
W |
T |
F |
S |
| |
|
|
1 |
2 |
3 |
4 |
|
5 |
6 |
7 |
8 |
9 |
10 |
11 |
|
12 |
13 |
14 |
15 |
16 |
17 |
18 |
|
19 |
20 |
21 |
22 |
23 |
24 |
25 |
|
26 |
27 |
28 |
29 |
30 |
|
|
|
|
|
 |
|
|