Your Choice — Quarterly or Annual Membership Fees
Your Choice — Quarterly or Annual Membership Fees When your regular membership renews, please feel free to let us know if you’d like to change the billing period. If you prefer quarterly billing, we’ll renew your membership for three months. If you prefer annual billing, we’ll renew your membership for twelve months. And if you’d […]
Supplier Payment Channel Dilemma: Discourage Credit Card Use Through Early Pay Discount?
Written by: Scott Blakeley, Esq. Credit cards are the most expensive payment channel for the supplier, and the fastest growing. Indeed, for some suppliers, customer credit card charges are one of their largest operating expenses. What can the supplier do to manage the card cost as more customers turn to cards to pay supplier invoices? […]
Did You Know – OFAC
Do you sell internationally? Are you aware of OFAC (Office of Foreign Assets Control)? Office of Foreign Assets Control – Sanctions Programs and Information The Office of Foreign Assets Control of the U.S. Department of the Treasury administers and enforces economic and trade sanctions based on U.S. foreign policy and national security goals against targeted […]
Experian Moody Analytic 1st Quarter 2016
Experian Moody’s Analytics latest Main St Report has been released for the 1st quarter of 2016. Below is an excerpt from the report. To download the whole report here.
Look for the Warnings Signs of a Distressed Customer
Being able to discern the warnings signs of a financially distressed customer is critical. Although a decline in cash flow is the most important bellwether of financial distress, about 80% of all companies are privately held and don’t provide detailed financial information. As a result, creditors must rely on their customers’ payment patterns, competitors’ experience with the customer, […]
Designee Spotlight – NACM National
Thank you NACM National for sending over this Designee Spotlight from the June Business Credit Magazine. You can view a larger version of this image by clicking on the image.
UTA and Vantiv Partnership Member Benefit
The partnership between UTA and NACM truly adds value to your company. Check out any of UTA’s leading-edge products to appreciate the quality and savings that UTA provides. Products include: Automated A/R Service, Credit Card Merchant Services, Check Guarantee, Remote Deposit Capture, Electronic Bill Presentment & Payment, ACH Processing, Canadian ACH, and Online Bill Pay. For 40 years, Vantiv’s team of […]
Five Ways to Get the Most from Automation with Optical Character Recognition (OCR)
For multinational companies, automation allows a business to standardize each process, such as invoicing, cash applications, disputes, and collections. Since many countries possess varying business practices and currencies, technology can serve as a means to better streamline the global business to business (B2B) partnership. Automation is the driver of increased value, effectiveness, and efficiency, providing […]
Credit Managers Index – Be Apart of the Process…
Since its inception, the CMI has been a startlingly accurate economic predictor, proving its worth most notably during the recession. The CMI is created from a monthly survey of U.S. credit and collections professionals. The survey asks participants to rate whether factors in their monthly business […]
International Sales Contracts: Square Peg, Round Hole
By: David Conaway, Partner, Bankruptcy Practice Administrator, Shumaker, Loop & Kendrick, LLP The purpose of a sales contract is to define the parties’ obligations and to optimize outcome if a dispute arises. As such, a contract is a tool to manage risk and prevent loss. The good news is the vast majority of contracts are performed as […]