Business Credit

Business Credit is a magazine covering finance, business risk management and provides information for the extension of credit, maintenance of accounts receivable, and cash asset management. It is published 10 times per year by the National Association of Credit Management.Subjects for Business Credit include banking, finance and investments.

Articles from Vol. 102, No. 4, April

A Career by Choice through NACM's Professional Designation Program
Do it for yourself and be the best in your field! By earning the CBA, CBF and CCE professional designations through the National Association of Credit Management (NACM), you show that you are committed to excellence and growth as a credit professional,...
A Framework for Financial Statement Analysis Part 3: Tax Effects on Profitability and Sustainable Growth
Welcome to the third installment of the sequence of articles related to analysis of financial statements. If you missed the prior two issues of Business Credit, you have missed some important foundation for understanding how to analyze financial statements....
Arizona Mechanics' Liens-Preparing, Recording and Enforcing Lien Rights
The Arizona mechanics' lien statutes provide protection to parties who supply labor, professional services, materials, machinery, fixtures or tools for the improvement of real property. The protection takes the form of a mechanics' lien that attaches...
A Strategic Approach to Receivables Outsourcing
Credit professionals have been slow to accept the concept of receivables' outsourcing, and it is understandable why. They initially feared outsourcing was just another euphemism for downsizing (the bane of middle managers in the 1980s and early 1990s)...
Bond Defaults Hit New High in 1999
Defaults on publicly held corporate and sovereign long-term debt hit a new record in 1999, but slowed in the fourth quarter, presaging what is likely to be more moderate default rates in 2000, Moody's Investors Service concluded in its year-end study....
Building Relationships-The Result of Successful Negotiations
Negotiations occur at a variety of different levels within every organization. As credit and finance professionals, you are faced with the challenging task of serving as a business partner to both your internal and external customers. The ability to...
CICE Is off to a Great Start
FCIB launched its international business professional's designation, the CICE (Certified International Credit Executive), first in Europe at its Berlin Conference on October 11, 1999 and then on November 1, 1999 at the Global Conference in New York...
Easy Ways to Gain New Clients-Business Etiquette Is the Key
When meeting with prospective clients and discussing your products or services, three elements are key: knowing about your company, knowing about your competitors and knowing how to treat others professionally. Of those three important elements, the...
FCIB and the Department of Commerce Push Credit Scoring into the International Arena
In one of the most innovative partnerships a professional organization and government have ever initiated, FCIB joined forces with the Department of Commerce to begin discussions with 70 industry leaders on the use of credit scoring in the international...
FCIB Europe's Rome Conference-A Conference of Firsts
It is with particular pleasure that I report on FCIB's 102nd International Round Table Conference and Workshop in Europe for Business Credit magazine. It was held January 30 - February 1, 2000 at the Rome Cavalieri Hilton Hotel in Italy and was my...
FCIB Member Profile: Jacky Jamieson-A Passion for Business
International Credit Perspective-A Series of Interviews with Some of the World's Leading Practitioners Jacky Jamieson admits that she has a passion-and that passion is international business. "I truly enjoy my work," she shared with me during a recent...
FCIB Member Profile: Jacky Jamieson, CICE
International Credit Perspective--A Series of Interviews with Some of the World's Leading Practitioners A Passion for Business Jacky Jamieson admits that she has a passion--and that passion is international business. "I truly enjoy my work,"...
Firststar Doubles Vault Revenues by Outsourcing Register Reconciliation for Retailers
Firststar doubled its vault revenues by outsourcing register reconciliation for retailers on a full service basis. A key innovation was expandsion of the bank's processing model from currency alone to cover checks, gift certificates, money orders and...
Forensic Financial Analysis
The future of the credit department has taken on a new dimension because of the sophistication of new computer systems to manage accounts receivable and credit management. But, even with these new tools, the credit department faces a higher level of...
Global BPO: Reshaping Credit Management
Last November, BP Amoco announced the signing of a $1.1 billion business process outsourcing (BPO) megadeal with PricewaterhouseCoopers--the largest BPO agreement ever negotiated. Under the contract, PricewaterhouseCoopers will handle BP Amoco's finance,...
Global BPO: Reshaping Credits Management
Last November, BP Amoco announced the signing of a $1.1 billion business process outsourcing (BPO) megadeal with PricewaterhouseCoopers-the largest BPO agreement ever negotiated. Under the contract, PricewaterhouseCoopers will handle BP Amoco's finance,...
International Affairs
FCIB and The Department of Commerce Push Credit Scoring Into the International Arena In one of the most innovative partnerships a professional organization and government have ever initiated, FCIB joined forces with the Department of Commerce to...
International Insight
Hot Spots--Croatia In scanning the "hot spots" of this world, the countries where business conditions are about to change drastically for better or worse, one cannot help but be constantly reminded of the inseparability of politics and economics....
International Insight: Hot Spots-Croatia
Hot Spots-Croatia In scanning the "hot spots" of this world, the countries where business conditions are about to change drastically for better or worse, one cannot help but be constantly reminded of the inseparability of politics and economics.A classic...
Open Accounts
NACM National Capital Region Welcomes New Board Members Wayne Mattson, CBA, of FaciliCom and Suzanne Pledger, CCE, of Digex were recently named to NACM National Capital Region (NCR) Board of Directors. Both board members were appointed by Chairman Steve...
Outperforming with Outsourcing
I have never met a credit manager who is not inundated with work 90 percent of the time. It is a fact that credit professionals must deal with throughout their careers. By it's very nature, commercial credit and collections involves constantly playing...
Payment of Pre-Petition Unsecured Trade Claims during a Chapter 11 Case: Elevating the Priority of Unsecured Trade Claims but Always Read the Fine Print
When a debtor files a bankruptcy petition, the automatic stay prevents a trade creditor from enforcing payment of its claim. The creditor must usually wait a long time for confirmation of a plan in Chapter 11, 12 and 13 cases, or the closing of a Chapter...
Sixth Annual Ranking of Top U.S. Cities for Small Business
West Palm Beach/Boca Raton is top entrepreneurial hot spot among large MSAs; Wilmington, Del., leads mid-sized cities Small business is booming in a lot of the places you'd expect -- but in the current climate of overall economic growth, it's also...
Sixth Annual Ranking of Top U.S. Cities for Small Business
West Palm Beach/Boca Raton is top entrepreneurial hot spot among large MSAs; Wilmington, Del., leads mid-sized cities Small business is booming in a lot of the places you'd expect - but in the current climate of overall economic growth, it's also flourishing...
Spotlight on Credit Congress 2000
Building Relationships-The Result of Successful Negotiations Negotiations occur at a variety of different levels within every organization. As credit and finance professionals, you are faced with the challenging task of serving as a business partner...
Thwarting the Pressures of Credit Management
Of all the places on earth, there is one where no one wants to go. Those who find themselves in that place feel the odds of getting out of its narrow confines are nearly insurmountable. Many executives in credit management are inhabitants of that place...
Treasury Convenes Identity Theft Summit
Treasury Secretary Lawrence H. Summers convened a two-day National Summit on Identity Theft and announced four new initiatives targeted at cracking down on the increasing threat of identity theft. "Criminals are exploiting new technologies to make...
U.S. Business Starts Decline in 1999, but More New Jobs Are Created
Wholesale and retail sectors show largest drops Business start-up activity in the U.S. continued to decline in 1999, but at a slower rate than in 1998. Data compiled by The Dun & Bradstreet Corporation showed, however, that employment associated...
Utah Mechanics' Liens
Mechanics' liens grew out of common law but are now creatures of state statutes throughout the United States. The purpose of these statutes is to protect those who provide labor, materials or services to improve real property. A person in privity with...