eNews Archive

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 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 7, 2024

eNews

Why elections matter to credit managers

With Donald Trump’s victory in the 2024 U.S. presidential election, credit managers are facing a new political landscape that will directly influence the economy and credit risk management.

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.

Nov 7, 2024

eNews

October CMI: Economy in expansion, but hurricane impact masks deeper risks

In October, NACM’s Credit Managers’ Index (CMI) presented a mixed economic picture, with a 0.2-point drop to 52.9 month-over-month, but a 1.5-point gain year-over-year. This level suggests that while the economy remains in expansion, growth is tepid amid notable risks.

Oct 31, 2024

eNews

Spooktacular leadership: Mistakes to avoid

The shadows of ineffective leadership loom large, threatening to trap credit leaders in a web of pitfalls that could spell disaster for their teams.