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In the Weeds of Credit Management: Are Joint Check Agreements Good or Bad for Your Business?
Experienced credit managers frequently deal with joint check agreements, and you already probably understand that you need to treat such agreements on a case-by-case basis. But it takes time to gain the experience needed to determine whether a particular agreement will be good or bad for your business. For many teams, it’s helpful to have […]
Credit Department vs. Sales Department? Get On the Same Team!
Nearly every business experiences a certain level of strain between the sales and credit teams. This conflict happens for a variety of reasons, but it often has to do with poor communication, differences in goals, and a lack of training. However, conflict can be reduced or even eliminated by training your sales team members to think […]
In-Depth Credit Reports Reduce Transportation Risk
One kink in the supply chain can cause a ripple effect that throws the whole process off course. Every business that operates in the transportation industry relies on the professionalism, integrity, and skill of every other partner in the supply chain. A commercial credit management partner like Mountain States CCM can help you use credit […]
Are You the Last to Get Paid in the Supply Chain?
A strong supply chain is just that: A chain, in which the whole is only as strong as its weakest link. So when even one part of the chain breaks down, so does the entire chain. When the supply chain is functioning as it should, everything goes smoothly. The consignor or shipper hires a freight […]
Avoid Common Sales and Use Tax Pitfalls
Most business owners do their best to be diligent about collecting taxes and filing accurate sales and use tax returns, but there’s a lot to know — and mistakes naturally occur. Let’s take a look at some of the most common missteps that business owners make in sales and use tax collecting and reporting. Start […]
Is Your Business Prepared for a Tax Audit?
Is it ever a good time for a sales and use tax audit? Still, they somehow seem to come at the very worst times. Preparing for the audit can be a time-consuming project in itself, but if you’re unprepared, the audit may even become disruptive to your business operations. Sales and use tax compliance is […]