eNews Archive

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.

From the steady stream of emails to an overflowing pile of credit applications awaiting your careful review, work can be overwhelming. Even after leaving for the day, it might still weigh heavy on your mind as you anticipate the next day’s workload. 

In the construction world, a mechanic’s lien is a vital legal instrument protecting laborers and suppliers. Without it, contractors and subcontractors lose legal protection, resulting in significant losses. Several factors influence lien rights. However, can other contracts or agreements, such as a non-disclosure agreement, override your right to file a notice or initiate legal proceedings?

The debate over whether to combine or separate credit and collections functions is a hot topic in the B2B credit industry. Companies on both sides of the argument offer compelling reasons for their approach.

As a credit manager, you’ve likely grown accustomed to the everyday grind that your work brings: reviewing credit reports, determining credit limits and working with customers. While your day-to-day workload is vital to your company’s success, you may need to take a step back and think, who is going to take over when I leave my position?

The recent weather events remind us that natural disasters can have a significant impact on communities and businesses. In late September, Hurricane Helene touched down on northern Florida and caused major flooding in North Carolina and Georgia. It killed more than 230 people and resulted in roughly $225 billion in economic loss. Just last week, Hurricane Milton made landfall in Florida creating at least $160 billion in damage and economic loss.

While the outcome of the election, and which party is in control of the House, Senate and Presidency, is justifiably the main focus of the general public, for Washington insiders, there is a critical election coming up later in November that will have almost as much impact—who will replace Mitch McConnell as the next leader of the Senate GOP. Three Senators are actively running for the position: John Thune (SD), John Cornyn (TX) and Rick Scott (FL).

A federal judge in Kentucky partially blocked the Disadvantaged Business Enterprise program, a decades-old Department of Transportation program that aims to grant women- and minority-owned businesses equal footing when bidding on government contracts. In 1983, Congress enacted the Disadvantaged Business Enterprise (DBE) program to help businesses owned by socially and economically disadvantaged individuals compete for federal contracts. Under the provision, at least 10% of funds for highway and transit federal assistance programs must go towards contracting DBEs. The preliminary injun…