Offer Your Customer the Flexibility to Pay Online
Written By: United TranzActions In today’s digital age, convenience and flexibility are paramount. As more consumers shift towards online shopping and digital transactions, businesses must adapt to meet these changing demands. Offering your customers the ability to pay online and utilize payment request links is not just a modern convenience; it’s a necessity that can […]
Understanding AI in B2B Credit
Kendall Payton, social media manager Artificial intelligence is an ever-evolving tool, integrating itself into society. AI can be used for simple and complex tasks—whether for creating grocery lists and meal plans or as complicated as coming up with a workout plan. Why it matters: AI is a nuanced topic, making it nearly impossible to put […]
The Transformative Power of NACM’s Thought Leadership Forums
Jamilex Gotay, senior editorial associate In an ever-changing and often volatile economy, the B2B credit sector is constantly evolving, demanding that professionals adapt and innovate. However, staying ahead of the curve can be challenging without the right resources. NACM’s Thought Leadership Forums serve as a valuable resource for credit professionals, offering transformative opportunities to advance […]
The Customer’s Formal Terms Pushback Strategy, the Supplier’s Cost of Capital and Inflation: What Does it Mean For the Supplier’s Profitability For the Account?
Scott Blakeley, Esq. A payment trend affecting credit teams across all industries is customers disregarding supplier-set trade terms, and extending these terms. Private U.S. companies reported a continued increase in their average accounts-receivable days. This is despite the fact that customers are sitting on record cash holdings. I have discussed in articles the ways in […]
We Know about Amazon Deductions All Too Well. Learn About How to Stop Them.
Written By SupplierWiki The Tortured Supplier’s DepartmentHey NACM Members, We’re SupplierWiki. We create free educational content for retail suppliers, helping them recover from deductions and chargebacks and ultimately become A+ suppliers. Our articles and free resources cover major retailers like Walmart and Target; however, in this edition of the NACM Newsletter, we’re investigating Amazon’s problem […]
NACM CS Foundation Fundraising Events
A heartfelt shoutout to everyone who rocked the house at our two Foundation Fundraising events! Your incredible participation and generous sponsorships make these events, and we can’t thank you enough. Together, we raised funds that are now going straight to the foundation and scholarships for our members. The Golf Scramble was a success, raising $5650! […]
Can a Claim Transferee “Wash” the Claim From Disallowance Risk? Another Chapter in the Firestar Saga
By: Bruce S. Nathan, Esq, Scott Cargill, Esq, John P. Schneider, Esq, Lowenstein Sandler LLP As originally published in the Credit Research Foundation’s publication, Perspective by CRF (Q2 2021) 1 Claims trading is an efficient avenue for creditors of bankrupt companies to quickly liquidate their prepetition claim by selling the claim, at a discount, rather […]
So… What Now? Some Perspective from the Insolvency Arena on What Happens Next
By Michael A. Brandess and Mark S. Melickian, Creditors’ Rights Attorneys at Sugar Felsenthal Grais & Helsinger LLP In the timeless words of Larry David, business credit is pretty good right now. According to the American Bankruptcy Institute, April 2021 commercial chapter 11 filings were down 49% compared to April 2020. Recent legislation, such as […]
President’s Message – Hitting the Restart Button on Engagement…At Your Pace!
What encouragement we are beginning to feel with Covid numbers finally decreasing, vaccinations climbing in the general population, and people starting to get out around a bit more. I’m feeling nearly giddy about the near possibilities of seeing credit peers in person! The last year taught us so many life lessons, some of which we […]
The Current Situation in the World of International Trade
Written by: Brenda Barnes, Export Manager, Geo. S. Bush & Co., Inc.Congestion at the seaports is in the news and has been for several months now. Most of what is seen on television are the ports of Los Angeles and Long Beach, California. Maybe that is the case because they seem to be in the […]