The Question: An Overlooked and Undervalued Leadership Tool
By: Erin Mahoney, Cascade Employers Once again, what we learned in early education is relevant to gaining insight in our leadership style. The four sentence types – declarative, interrogative, imperative, and exclamatory – and how you use them reveal much about your leadership competency. While each one has its time and place, the interrogative is vastly underused […]
Business Credit – What You Don’t Know Can Hurt You
Understanding Your Business Credit Score Did you know that, just as you have a personal credit score, your business has a credit score—and that maintaining a good credit score is as crucial to your business as your personal credit score is to you? Like personal credit scoring, business credit scores provide a quick view of […]
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? […]
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 […]
Graduate School of Credit and Financial Management
By: Tawnya Marsh, CCE, Columbia River Knife & Tool What is GSCFM? I’m sure most of you reading this article already know what GSCFM stands for but just in case, the acronym is defined as the Graduate School of Credit and Financial Management. For me, GSCFM represents a plethora of education and opportunity. I just completed my […]