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. 96, No. 3, March

Are You Ready to Conduct Business under the New Transportation Law?
Although labelled the "Negotiated Rates Act of 1993 (NRA)," this new law enacted on Dec. 3, 1993, actually re-regulates and imposes new restrictions on shippers, receivers, and carriers, along with stiff monetary fines for violations. The principal purpose...
A Value-Based Collection System Strategy
When designing or revitalizing a collection system, focusing a strategy on the value to the customer is the key to success. Centering external receivables analysis on each discrete activity that adds value to the final product or service realizes customer...
A Value-Based Collection System S-T-R-a-T-E-G-Y
When designing or revitalizing a collection system, focusing a strategy on the value to the customer is the key to success. Centering external receivables analysis on each discrete activity that adds value to the final product or service realizes customer...
Credit in Mexico
Addressing the subject of credit in Mexico means referring directly to the Mexican financial system, highly regarded as the quintessential broker between saver and borrower. Mexico today, as a player in international globalization, counts its challenges...
Credit in Mexico
Addressing the subject of credit in Mexico means referring directly to the Mexican financial system, highly regarded as the quintessential broker between saver and borrower. Mexico today, as a player in international globalization, counts its challenges...
DSO as a Measure of Competence
Many credit managers are evaluated, at least in part, on changes in their company's Days Sales Outstanding (DSO). Measuring changes in DSO is not a good way to evaluate the effectiveness of the credit department at controlling aging, managing risk, and...
FCIB-NACM Global Conference Features Latest Ideas and Practices
Forum topics, the newly revised UCP 500, credit scoring for international markets, and a host of other sessions made for a stimulating idea exchange and learning experience as FCIB-NACM held its Fourth Annual Global Conference in New York, Nov. 8-10,...
Financing Trade with Latin America
NAFTA is a done deal. And yet it was not so long ago that Mexico was regarded as a political credit risk to be avoided. There are lessons we can draw from Mexico which might be applied to the other major Latin American export markets. The demographics...
Forums Generate a Dynamic Learning Environment
Four times a year, the Credit Research Foundation of NACM holds educational forums which have broad appeal for those interested in refining skills and enhancing performance in the credit department. The Credit Research Foundation (CRF), chartered in...
GATT Bridges the Gap
It's August 1947. Harry Truman is in the White House. Big band swing shares radio space with pre rock-n-roll. Baby boomers, who would later have a tremendous impact on statistics and Gallup Polls, are just entering the world. Meeting in Geneva, Switzerland,...
Honor Thy Creditors?
American bankruptcy law attempts to accommodate two conflicting goals. On the one hand, it strives to provide the debtor with a "fresh start" that will free him of his financial obligations to creditors after a specific time (an idea that was put forth...
Honor Thy Creditors? the Religious Debtor's Constitutional Conflict with Section 1325 (B)
American bankruptcy law attempts to accommodate two conflicting goals. On the one hand, it strives to provide the debtor with a "fresh start" that will free him of his financial obligations to creditors after a specific time (an idea that was put forth...
How to Work Successfully with a Temporary Employee
Recent economic conditions have created a need for more efficient, leaner staffing operations. At the same time--despite repeated downsizings and restructurings--demand for productivity continues to rise. To accommodate these new imperatives, companies...
How to Work Successfully with a Temporary Employee
Recent economic conditions have created a need for more efficient, leaner staffing operations. At the same time--despite repeated downsizing and restructurings--demand for productivity continues to rise. To accommodate these new imperatives, companies...
In Recognition of Members
Recently our dear friend and past National Chairman of NACM, Alice M. H. McGregor, passed away. Those who knew Alice, knew a woman who, through hey entire life, excelled in every way. An outstanding individual whose commitment to excellence was constantly...
It's a Small, Small World
Accelerated by the proliferation of communications and computer technology, and the ever-changing social and political changes occurring throughout the world, new meaning is given to the words "trading market." Opportunities abound for growth companies...
Premium Sales: Fraud Unfolding
NACM Loss Prevention Group members showed particular acuity as far back as 1991, when they called the Loss Prevention Department to voice concerns about the activities and methods of operation of a firm called Windsor Wholesale, a Ft. Lauderdale, Fla.,...
Preparing Yourself for the UCP 500
On Jan. 1, 1994, banks the "whole world round" started using a new set of rules for handling letters of credit and documents presented for examination and payment. This has a direct impact on exporters; do what you can to learn about the new rules. ...
Sustaining Hope
At first you might ask yourself, "What more can anyone possibly have to say on the subject of leadership?" The question is particularly apt when the authors are the same duo who wrote The Leadership Challenge: How To Get Extraordinary Things Done in...
The Road to Wealth
The old adage says, "If you don't know where you're going, any road will get you there." Planning is the key to choosing the right roads during your life. Planning and goal-setting greatly improve your chances of success, happiness, and a healthier and...
The Shareholder's Role in Business Ethics
Conventional wisdom is that a company's ethics are determined by the "tone at the top." Generally, the top is understood to be corporate management. But shareholders--corporate management's "employers,"--also help set the ethical tone, especially in...
The Tax Man Rings Twice
You have recently been called on by the Internal Revenue Service (IRS) to discuss the failure on the part of your corporation to pay its proper payroll tax deposits. You figure the IRS can get in line with all of the other creditors. Then, the doorbell...
The Tax Man Rings Twice
You have recently been called on by the Internal Revenue Service (IRS) to discuss the failure on the part of your corporation to pay its proper payroll tax deposits. You figure the IRS can get in line with all of the other creditors. Then, the doorbell...