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Nov 14, 2024

eNews

What you need to know before doing business with the federal government

As a B2B credit manager, you have likely worked with a diverse range of customers, from small local businesses to expansive national chains. But venturing into the realm of federal government contracts presents a new set of challenges.

Nov 14, 2024

eNews

From PDF to portal: Modern invoicing methods

Over the past 25 years, businesses have increasingly moved from paper-based invoicing to digital and automated invoicing systems. The shift suggests that the invoicing process will eventually be completely paperless.

Nov 14, 2024

New California law extends consumer debt protections to small businesses

Senate Bill 1286 (SB 1286), signed into law by California Governor Gavin Newsom on Sept. 24, 2024, will extend existing consumer debt collection protections in the state to small businesses and to the collection activities of business debt.

Nov 7, 2024

eNews

Secure payments with a personal guarantee

A personal guarantee, a legal commitment where an individual pledges to cover the business’s debts if the promise to pay an obligation is broken, has become a significant tool in the credit industry.

Nov 7, 2024

eNews

When to write off bad debt

Deciding when to write off an account as bad debt is one of the most challenging calls that credit managers face.

Oct 31, 2024

eNews

The frightening truth about year-end payment delays

As year-end approaches, credit professionals face a familiar haunting: customers suspending payments and disappearing into the night, causing cash flow challenges just when stability is needed most. From dodging payments to “ghosting” invoices, slow-paying customers can turn the year-end into a horror story for credit teams.

Oct 23, 2024

eNews

Tackle budgets with confidence: How credit managers can advocate for their department’s needs

As budgeting season kicks into high gear for many companies, credit managers are finding themselves ready to advocate for their department’s needs. Whether working solely on department budgets, helping to shape company-wide spending plans or anticipating risk, the process can be daunting.

Oct 23, 2024

eNews

Five stages of successful project management

Credit managers frequently dive into new projects, whether that’s implementing new technology or updating a credit policy. Effective project management is key to successfully completing any project, no matter its size.