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. 104, No. 9, October

A Great Reputation Speaks for Itself
For more than 50 years, Robert Half Finance & Accounting has been the world's first and largest recruiting firm specializing in the placement of accounting and finance professionals. Listed below is a sampling of positions available through Robert...
As Credit Department Goes Electronic, Consider E-Mail Policy
legalcorner The hazards of e-mail, both retaining them and not doing so, have made headlines. With Enron, on the one hand, a stored e-mail from in-house counsel raising concerns about accounting improprieties served as a roadmap for federal prosecutors....
As Credit Department Goes Electronic, Consider E-Mail Policy. (Legal Corner)
The hazards of e-mail, both retaining them anti not doing so, have made headlines. With Enron, on the one hand, a stored e-mail from in-house counsel raising concerns about accounting improprieties served as a roadmap for federal prosecutors. Several...
Beyond Disaster Recovery: Architecting a Business Continuance Solution Capable of Yielding Real Business Value
Business Credit Selected Topic E-mail arrives day and night. The World Wide Web never closes. You're always on and you're always open. Your window to close out the day and begin anew is shrinking faster and faster. Information and people are the cornerstones...
Beyond Disaster Recovery: Architecting a Business Continuance Solution Capable of Yielding Real Business Value. (Selected Topic)
E-mail arrives day and night. The World Wide Web never closes. You're always 'on and you're always open. Your window to close out the day and begin anew is shrinking faster and faster. Information and people are the cornerstones of your organization--they...
Canadian Bankruptcy: The First Meeting of Creditors
International Affairs Section Editor's note: A previous article "Insolvency: The Canadian Landscape" appeared in the May 2002 issue of Business Credit providing an overview of the Canadian insolvency regime. This article explores in more detail creditors'...
Canadian Bankruptcy: The First Meeting of Creditors. (International Affairs Section)
Editor's note: A previous article "Insolvency: The Canadian Landscape" appeared in the May 2002 issue of Business Credit providing an overview of the Canadian insolvency regime. This article explores in more detail creditors' rights in Canadian bankruptcy...
Cash Flow and Strategic Partnering: Understanding What You Don't Control
Business Credit Selected Topic Thirty days have passed. Payment is still not received. With effort, you reach the accounts payable rep. When that accounts payable rep tells you that they cannot pay because the invoice is wrong or information is missing,...
Cash Flow and Strategic Partnering: Understanding What You Don't Control. (Selected Topic)
Thirty days have passed. Payment is still not received. With effort, you reach the accounts payable rep. When that accounts payable rep tells you that they cannot pay because the invoice is wrong or information is missing, it creates a long investigative...
Driving Electronic Billing Adoption
Business Credit Selected Topic It wasn't very long ago that the ATM machine was something only the brave, techno-savvy consumer dared to try. Many of us remember the first time we took the frivolous risk of allowing the machine to grab our card as we...
Driving Electronic Billing Adoption. (Selected Topic)
It wasn't very long ago that the ATM machine was something only the brave, techno-savvy consumer dared to try. Many of us remember the first time we took the frivolous risk of allowing the machine to grab our card as we silently hoped it would deliver...
"E" Is Just Technology: The Core Treasury Role Continues
Business Credit Selected Topic For forward-thinking corporates, ecommerce means transitional strategies integrating old and new ways to manage working capital. When pronounced properly, the "e" in ecommerce should be almost silent. Not because activity...
"E" Is Just Technology: The Core Treasury Role Continues. (Selected Topic)
ABN AMRO's Global Transaction Services For forward-thinking corporates, e-commerce means transitional strategies integrating old and new ways to manage working capital. When pronounced properly, the "e" in e-commerce should be almost silent....
Extending Credit to a Chapter 11 Debtor-in-Possession
With a weak economy and mixed signals over whether it is improving, the number of bankruptcies experienced by many companies (creditors) among their customers is increasing, and the need to examine credit decisions closely has become critical. It seems...
Extending Credit to a Chapter 11 Debtor-in-Possession. (Selected Topic)
With a weak economy and mixed signals over whether it is improving, the number of bankruptcies experienced by many companies (creditors) among their customers is increasing, and the need to examine credit decisions closely has become critical. It seems...
Hot Spots: Chile
It is becoming increasingly clear that the economy's performance, in absolute terms, will be weaker this year than almost anyone anticipated at the outset, but relative to the rest of Latin America the country will still do remarkably well. In June,...
Hot Spots: Chile; International Insight. (International Affairs Section)
It is becoming increasingly clear that the economy's performance, in absolute terms, will be weaker this year than almost anyone anticipated at the outset, but relative to the rest of Latin America the country will still do remarkably well. In June,...
Internet Extends Reach of EDI Web Forms Popular with Smallest Companies, Web Services Coming Soon
Two years ago, International Playthings Inc. was doing business the old fashioned way-faxes, letters of credit, and a great deal of sitting around and waiting for various documents. There weren't a lot of examples yet of companies that successfully moved...
Internet Extends Reach of EDI Web Forms Popular with Smallest Companies; Web Services Coming Soon
Two years ago, International Playthings Inc. was doing business the old fashioned way--faxes, letters of credit, and a great deal of sitting around and waiting for various documents. There weren't a lot of examples yet of companies that successfully...
Leveraging a Tough Economy to Improve Risk Management: How Credit Managers Can Take Advantage of a Difficult Economic Envionment to Implemnt a Consensus-Building Credit Policy
The current economic downturn offers credit managers an opportunity to exercise their influence and implement better credit policies on behalf of their employers. For much of the go-go decade of the 1990s, credit managers saw their job of minimizing...
Leveraging a Tough Economy to Improve Risk Management: How Credit Managers Can Take Advantage of a Difficult Economic Environment to Implement a Consensus-Building Credit Policy. (Selected Topic)
The current economic downturn offers credit managers an opportunity to exercise their influence and implement better credit policies on behalf of their employers. For much of the go-go decade of the 1990s, credit managers saw their job of minimizing...
Managing Receivables in the Digital Economy
The age of technology has revolutionized and diversified the ways in whic we conduct business. Transactions are no longer bound to person-to-person exchanges, and we now have a multitude of options for the payment of goods or services. Technology has...
Mechanic's Liens in New York
INTRODUCTION New York State has had a comprehensive mechanic's lien statute since 1897. Designated as Article 2 of the Lien Law, the statute was rewritten in 1909 and has been periodically amended since. The mechanic's lien rules in the 1897 Lien Law...
Mechanic's Liens in New York. (Construction Corner)
INTRODUCTION New York State has had a comprehensive mechanic's lien statute since 1897. Designated as Article 2 of the Lien Law, the statute was rewritten in 1909 and has been periodically amended since. The mechanic's lien rules in the 1897 Lien...
NACM-National-At Your Service
As NACM-National Chairman, I visit NACM headquarters fairly often. However, I realize that many members do not have the same opportunity, and thought it would be appropriate to fill you in on what the department staff at National do and what services...
NACM-National-At Your Service. (National Commentary)
As NACM-National Chairman, I visit NACM headquarters fairly often. However, I realize that many members do not have the same opportunity, and thought it would be appropriate to fill you in on what the department staff at National do and what services...
Proactive Collection Practices
Has this ever happened to your company? A long-time customer, with whom you have done a ton of business, just missed a huge promised payment. He doesn't have the money and he doesn't know when he'll have it. What do you do? For any company, it is a potential...
Proactive Collection Practices. (Selected Topic)
Has this ever happened to your company? A long-time customer, with whom you have done a ton of business, just missed a huge promised payment. He doesn't have the money and he doesn't know when he'll have it. What do you do? For any company, it is a...
Scooby Doo and Powder Puff Girls vs. Madeline: What Intellectual Property Licenses Are Assignable in Bankruptcy?
businesslaw Introduction This is the Business Credit issue dedicated to the Internet. So, the writer has decided to get with the program and go high tech! And with all of the recent telecom and high technology bankruptcies, the time is right. Even more...
Scooby Doo and Powder Puff Girls vs. Madeline: What Intellectual Property Licenses Are Assignable in Bankruptcy? (Business Law)
Introduction This is the Business Credit issue dedicated the Internet. So, the writer has decided to get with the program and go high tech! And with all of the recent telecom and high technology bankruptcies, the time is right. Even more interesting--we...
Solid Rock or Sinking Sand: Redefining Banking through Electronic Activities under Proposed Subpart E
Perhaps it is always hard to see the bigger impact while you are in the vortex of a change. Failing to understand the consequences of our inventions while we are in the rapture of discovery and innovation seems to be a common fault of scientists and...
Solid Rock or Sinking Sand: Redefining Banking through Electronic Activities under Proposed Subpart E. (Selected Topic)
Perhaps it is always hard to see the bigger impact while you are in the vortex of a change. Failing to understand the consequences of our inventions while we are in the rapture of discovery and innovation seems to be a common fault of scientists and...
The Critical Importance of Information Security to Financial Institutions
American corporations currently face potential annual losses exceeding $250 billion from intellectual property theft, and as financial institutions move more of their products and services online, their vulnerability to theft, fraud and other breaches...
The Critical Importance of Information Security to Financial Institutions. (Selected Topic)
American corporations currently face potential annual losses exceeding $250 billion from intellectual property theft, and as financial institutions move more of their products and services online, their vulnerability to theft, fraud and other breaches...
Ucp500
This tenth commentary on UCP500 examines Articles 17 and 18. Article 17 The exclusion of liability and responsibility by banks for the "force majeure" circumstances described in Article 17 may cause little surprise-a case of banks looking after their...
UCP500. (International Affairs Section)
This tenth commentary on UCP500 examines Articles 17 and 18. Article 17 The exclusion of liability and responsibility by banks for the "force majeure" circumstances described in Article 17 may cause little surprise--a case of banks looking after...
Where Is Your Company in the Food Chain?
This may seem like an off-the-wall question for credit professionals to contemplate. However, given today's economy, it may be relevant to many. Your company, regardless of industry, products produced or distributed, annual revenues, market share or...
Where Is Your Company in the Food Chain? (Selected Topic)
This may seem like an off-the-wall question for credit professionals to contemplate. However, given today's economy, it may be relevant to many. Your company, regardless of industry, products produced or distributed, annual revenues, market share...
Working Smart: New Education Requirement Poses Challenges for Accounting
Business Credit Selected Topic As valuable and needed as the increased educational requirements are for Certified Public Accountants (CPAs), the new standard is producing dramatic consequences for the accounting profession and the business community...
Working Smart: New Education Requirement Poses Challenges for Accounting. (Selected Topic)
Kelly Financial Resources[R] As valuable and needed as the increased educational requirements are for Certified Public Accountants (CPAs) the new standard is producing dramatic consequences for the accounting profession and the business community...