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. 108, No. 1, January

2005 Litigation Trends Survey Shows High Rate of Disputes
Fulbright & Jaworski L.L.P. In its latest annual 2005 Litigation Trends Survey, the international law firm Fulbright & Jaworski L.L.P. has found that litigation has become the great equalizer of the modern corporation. Regardless of size,...
2005 Litigation Trends Survey Shows High Rate of Disputes
Fulbright & Jaworski L.L.P.In its latest annual 2005 Litigation Trends Survey, the international law firm Fulbright & Jaworski L.L.P. has found that litigation has become the great equalizer of the modern corporation. Regardless of size, industry...
Adopting Best Practices Yields Results
Credit professionals must always learn new techniques or tricks of the trade that help them perform their jobs better. In today's environment, where many credit professionals must operate with shrinking staff and resources, it is more important than...
An Identification of the Tasks Essential for Job Advancement in Business Credit
Exceptional careers in credit management are forged by understanding potential of the credit department and then building bridges. The underlying goal of all credit department bridges is to enhance corporate profitability. There are bridges built to...
A Trade Creditor's Setoff Rights in Bankruptcy: No Slam Dunk
When a trade creditor has shipped goods or provided services to a financially distressed company that files bankruptcy, the creditor may be left with an unsecured claim that ranks at the bottom of the claims priority totem pole and enjoys slim prospects...
Best Practices for Staff Development
Asking job candidates where they see themselves in five years is a standard question in many interviews, but how many managers actually help them get there once they're hired? Credit professionals want growth opportunities, and companies that help...
"Best Practices" Ideas Utilized by Nestle Companies
Dwight Anderson, CCE, Credit Analyst for Perrier Group, a subsidiary of Nestle Waters North America, submitted the following "best practice" to Business Credit magazine. Nestle owns a number of U.S. based companies, each of which has its own credit...
"Best Practices" Ideas Utilized by Nestlé Companies
Dwight Anderson, Nestlé Waters North AmericaDwight Anderson, CCE, Credit Analyst for Perrier Group, a subsidiary of Nestlé Waters North America, submitted the following "best practice" to Business Credit magazine.Nestlé owns a number of U.S. based companies,...
Extending Credit in Today's Business Environment
NACM-Canada's 7th Annual Credit Conference And Expo In OttawaApproximateLy 90 credit professionals from Canada, the U.S. and Saudi Arabia gathered at the October NACM-Canada 7th Annual Credit Conference and Expo in Canada's national capital of Ottawa....
Extending Credit in Today's Business Environment: NACM-Canada's 7th Annual Credit Conference and Expo in Ottawa
Approximately 90 credit professionals from Canada, the U.S. and Saudi Arabia gathered at the October NACM-Canada 7th Annual Credit Conference and Expo in Canada's national capital of Ottawa. The focus of the 2005 Conference was Extending Credit in...
Global Business Credit 2005: Mastering International Credit
International Credit Managers, those involved in financing international sales, and others who monitor and analyze global economic, financial and political trends met in West Palm Beach, Florida for the 16th annual FCIB (Finance, Credit and International...
Hot Spots: Poland
As a new member of the European Union, with an economy still in transition, Poland would have needed a strong new government; one representing a cross-section of the political spectrum which could truly speak for the nation as a whole. What emerged,...
Hot Spots: Poland
As a new member of the European Union, with an economy still in transition, Poland would have needed a strong new government; one representing a cross-section of the political spectrum which could truly speak for the nation as a whole. What emerged,...
How Scoring Can Prioritize Collections Strategies and Lower DSOs
Scoring has been a very hot topic in the credit world over the past three years. Many issues have been driving this trend, including Sarbanes-Oxley compliance, lower technology and modeling costs and better education on scoring. A recent survey of...
Instant Messaging: Solving the Security Problem
Jerry Askew, a legal technology expert and head of Askew Network Solutions, recalls a law firm relocation that placed a partner down the hall away from his secretary. When a phone call came in, the secretary would have to yell down the hall to the...
Keys to Success: Six Keys to Prepare for Change
Change Management Learning Center Below is a compact summary to utilize when preparing for change. Each of the six keys to preparing for change are summarized, and their importance is explained. Use this model in your organization when preparing...
Keys to Success: Six Keys to Prepare for Change
Change Management Learning CenterBelow is a compact summary to utilize when preparing for change. Each of the six keys to preparing for change are summarized, and their importance is explained. Use this model in your organization when preparing for change...
Leadership Challenges for Challenging Times
As the 21st century picks up steam, the challenges facing the credit industry are greater than ever. Every aspect of the professional's job, from internal policies and procedures to legislation and evolving technologies, is subject to a bewildering...
Lean Sourcing: Creating Sustainable Purchasing Savings
In the past decade the concepts of "lean" and "strategic sourcing" both made it onto the corporate main stage, separately capturing the executive and media spotlight. Outsiders viewed lean as an art practiced by operational wizards or "Six Sigma Black...
Member Profile: Meet Susan Delloiacono
Meet Susan Delloiacono, Director of Credit, Brother International Corporation. To many of you, Susan Delloiacono is a familiar name--if not a familiar face. You might have seen her teaching a seminar at Credit Congress, or at an NACM regional conference....
Member Profile: Meet Susan Delloiacono
Meet Susan Delloiacono, Director of Credit, Brother International Corporation.To many of you, Susan Delloiacono is a familiar name-if not a familiar face. You might have seen her teaching a seminar at Credit Congress, or at an NACM regional conference.Susan...
NACM Credit Manager's Index
Report For November 2005The Credit Manager's Index rose to 57.4 in November, above October's 56.6. The Index is now 1.2% higher than last November and represents solid economic growth. An improvement in bankruptcy filings of 9.6% in manufacturing and...
NACM Credit Manager's Index: Report for November 2005
The Credit Manager's Index rose to 57.4 in November, above October's 56.6. The Index is now 1.2% higher than last November and represents solid economic growth. An improvement in bankruptcy filings of 9.6% in manufacturing and 8.2% in services contributed...
Networking Events
Credit Congress is the one opportunity each year to build and strengthen long-term relationships that will multiply your professional resources: Make the most of this year's offerings and make the connections you need. Here are some wonderful opportunities:...
North Carolina Lien Law
In a typical construction contract, an owner of real property enters into a contract with a contractor to construct a building. The contractor may hire subcontractors to perform some or all of the work. The contractor or the subcontractors will purchase...
North Carolina Lien Law
In a typical construction contract, an owner of real property enters into a contract with a contractor to construct a building. The contractor may hire subcontractors to perform some or all of the work. The contractor or the subcontractors will purchase...
Recent Developments in Director Liability
The last two years have seen significant developments regarding director liability in shareholder lawsuits. Two notable developments have been the erosion of the protection provided by so-called "exculpation" clauses that many corporations include...
Smart Start to RFID: Initiating a Smart Label Pilot
Over the next few years, radio frequency identification (RFID) will be required at more and more organizations. Ready or not, your organization will need to investigate how to best deploy and leverage the technology. Using encoded smart labels (chip-embedded...
The ABCs of Defending Bankruptcy Preference Claims
Few businesses that extend unsecured credit to their customers have escaped the grasp of a bankruptcy trustee's power to recover "preferential transfers." Bankruptcy preference taw seems to represent the embodiment of the phrase "adding insult to injury."...
The ABCs of Defending Bankruptcy Preference Claims
Few businesses that extend unsecured credit to their customers have escaped the grasp of a bankruptcy trustee's power to recover "preferential transfers." Bankruptcy preference law seems to represent the embodiment of the phrase "adding insult to injury."...