Are Electronic Signatures “Legal”?
By Scott Havn, Esq. and Jean C. Arnold, Esq. The question: “Are electronic signatures legal,” usually comes up regarding credit applications, personal guaranties, and other routine business documents. The short answer is, “Yes.” However, there are caveats and practical considerations before using electronic signatures for all documents and circumstances. Even before the pandemic and the […]
Gartner Survey: Most CEOs Anticipate an Economic Boom Over the Next Two Years
Written By: NACM National More CEOs anticipate an economic boom (60%) rather than stagnation (40%) in 2021 and 2022, according to a recent survey of CEOs and senior executives by Gartner, Inc., a research and advisory company. Most respondents (35%) anticipate returning to or exceeding 2019 revenue levels as early as this year. More than […]
Impact of Bad Debt Write-Off on Sales
The importance of cash flow is undeniable; the write-off of bad debts affects more than your firm’s cash flow; it also impacts sales and marketing efforts. The table below shows the “multiplier” impact on sales from bad debt write-offs. For example, you have an account that you write-off for $100,000, and that sale had a […]
Meet the Team – Get to Know Part of our Fun Staff
Greg Garner – Vice President-Business Strategy & Collection OperationsSan Diego, California Office Hello friends. My name is Greg Garner, currently serving as Vice President-Business Strategy & Collection Operations with NACM Commercial Services. I’m physically based in our San Diego, California office which is a result of NACM Commercial Services and NACM San Diego/New Mexico/Colorado joining […]
Experian – Beyond the Trends: Understanding the Commercial Economy
About this report Beyond the Trends is a quarterly report written by Experian Business Information Services. The report offers a unique view of the small business economy based on what we see in the data. With up-to-date information on over 25 million active businesses and how they perform from a credit standpoint. Experian will share […]
Why Members Value NACM Commercial Services
Dun & Bradstreet’s Powerful New AI-driven Credit-To-Cash Platform
D&B Finance Analytics is the complete AI-driven platform powered by the Dun & Bradstreet Data Cloud—for finance leaders who want to transform their finance operations and reduce cost through insight, automation, and enhanced customer experience. Intelligent, flexible, and easy to use, D&B Finance Analytics allows finance teams to manage risk, increase operational efficiency, enhance their […]