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Avoid the Credit Management Brain Drain
Across all industries, accounting departments are facing a common challenge: Experienced workers are heading for retirement, and they’ll be taking their specialized knowledge of credit management and industry-specific accounting and regulatory issues with them. While we can’t blame anyone for planning for the next step in life, there are some strategies your company, and specifically […]
3 Standard Questions for Screening Commercial Collection Agencies — Plus 1 You Can’t Skip
Choosing the right commercial collection agency is a tricky step to take, especially with the number of agencies there are. It’s an important decision; in order for the partnership to work, you must turn over confidential information about your company and your customers, which means you must know that the agency has the integrity and […]
Who Is Looking at Your Commercial Credit Report?
Most of us know that our personal credit score affects our ability to access credit and reach our financial goals. The same is true of a business’s commercial credit score. These reports are more than just a list of whether we paid a bill late; they provide a vast range of data that paints a […]
Fall Is Here! Time for Vendor Reviews
A quick peek out the window at the changing leaves and dreary weather tells us fall is here! You know what that means: It’s time for you to start thinking about annual vendor reviews. Doing your job effectively without the help of other businesses would be impossible to successfully manage; in fact, this business-to-business exchange is […]
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