International Archive

There is a lot to consider when assessing the risk of international transactions, making real-time information on risk trends incredibly valuable to credit managers tasked with making quick decisions. With supply chain issues, tariff confusion and global conflict growing, assessing the risk of an international transaction is harder.  

Europe comprises a host of nations, each with its own unique economies, shaped by the industries that dominate their respective markets and their distinctive political bodies. Collectively, Europe’s economy represents a large share of international trade, meaning weaknesses in one country have the potential to send ripples across the world. 

Taking on an international account can be intimidating, especially if you’ve never encountered global international statements before. To best mitigate risk and build a strong relationship with your foreign customers, it is important to understand how and why their financial statements might look a bit different.

Steep losses for the stock market and a slump in FDI to the lowest level in decades has brought added urgency to efforts by officials in Beijing to shore up confidence that the CCP regime is prepared to take the steps required to stabilize an economy that has shown signs of wobbling amid mounting difficulties for the crucial property sector.

Credit professionals who work with international customers face a number of challenges—whether through a clash of cultural customs and norms or even ways of conducting business.

After a very brief ‘shutdown’ in the wee hours of Saturday, March 23, Congress finally got its work done to fund the government. Neither Democrats nor Republicans were particularly pleased with the outcome; the hallmark of a successful compromise. Unfortunately for Speaker Mike Johnson, who currently has a one-vote majority in the House and a small but vocal faction of his Caucus that has threatened to oust him, this isn’t something he can just brush over.

In response to global conflicts, the U.S. and its allies have increased economic sanctions and enforcement measures against various countries. Businesses can minimize their exposure to these changes by regularly monitoring sanction updates, understanding applicable laws, integrating sanctions compliance into regulatory processes and strengthening Know-Your-Customer (KYC) policies. Why it matters: The noticeable surge in, attention to and enforcement of international trade requirements and regulations underscore the need for credit managers to stay vigilant and be aware of potential …

All credit management responsibilities stem from one essential skill—the ability to form strong relationships. Business relationships have many layers, all of which credit managers must master. In global trade, credit professionals should try to understand the cultural differences of their customers overseas to ensure a successful relationship.