Feb 20, 2019

Posted by & filed under Credit, Dun & Bradstreet.

From: Dun and Bradstreet

You can have all the data in the world, but without analytics and insights, you won’t have much. As with data, the value of a credit report lies in the users’ ability to extract information from it, which can often be as difficult as reading a foreign language. Uncovering truth and meaning from data is what Dun & Bradstreet does best, and with D&B Credit, you can uncover new, meaningful insights yourself.

Comprehensive, intuitive, and dynamic, D&B Credit delivers Dun & Bradstreet’s industry-leading data and analytics in a modern, user-friendly platform. With D&B Credit, you can get deeper insights into your business partners and make smarter credit decisions, faster.

D&B Credit helps you maximize the insights from credit reports by giving you:

  • A clear and customizable view with tagging that lets you flexibly organize, monitor, and report on your customer portfolio.
Read the rest

Jan 22, 2019

Posted by & filed under Economics.

By: Keith Prather, Armada Corporate Intelligence

Many of us have heard of the famed “Wall of Worry” that purveys through the financial media today. It is the cumulative fear of events from Brexit to a China trade war, the inverted yield curve to an overzealous Federal Reserve and everything in-between that affects executive behavior. Sometimes we need to step back and ignore sensational headlines to focus on the fundamentals. The following may seem like overly simplistic ones, but they work.

As I travel the country and speak about corporate intelligence and the economy, I get the same questions repeatedly. We could speak for hours on various components of the U.S. economy. But frankly, when we look at 2019, most of us simply want to know if 1) the U.S.… Read the rest

Jan 22, 2019

Posted by & filed under President's Message.

This week I took an hour to participate in the webinar, Find It Fast in Outlook. Who knew there was so much one could actually teach me in an hour?! I think I just shaved a good 15 minutes a day off my workload, which equates to 75 minutes a week, nearly six hours a month, and a whopping nine days a year! Thank you Neal Otto, our Microsoft trainer, you’re amazing! I would encourage any of you to take a look at the upcoming Microsoft classes on our education calendar. They are very much worth the investment of time.

Speaking of staying sharp, Sheryl Rasmusson, CCE from Kilgore TEK Products is featured on the front of the Business Credit Magazine this month as the 2019 NACM National Board Chairperson.… Read the rest

Jan 22, 2019

Posted by & filed under Foundation.

Please share and extend one last thank you to everyone who contributed, planned, and helped put together an amazing and sensational vacation package for last year’s fundraising efforts. Mark and I made some amazing memories and made the most of our week-long stay including a dinner cruise, a tour of the palace, and a day trip to visit the Arizona Memorial and Missouri. Of course, there was so much more between, but what a great way to start the year!

Mahalo and thank you again!
Teresa… Read the rest

Jan 22, 2019

Posted by & filed under Education, Leadership.

Before formulating new resolutions for 2019 and before trying to reinvent yourself, you need to stop and make sure that you are in good health, personally and professionally. In fact, many of us will go to the doctor once a year for a full physical. Why? To make sure that we are staying healthy, or to discover any health issues that we need to address before they become serious problems.

Likewise, as professionals, we need to gauge our professional health. Once a year we need to take stock and ask the right questions:

  • Where am I today in relation to my resolutions set forth on January 1, 2018?
  • What did I accomplish in 2018?
  • What did I do right?
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Jan 22, 2019

Posted by & filed under Credit.

Credit professionals field questions daily from their sales department, senior management, customers and others along the supply chain. However, one of the most important questions for creditors comes from themselves. “How much credit should I grant my customer?” Pam Krank, president with The Credit Department Inc., reviewed this question in detail this month during a webinar on the topic for NACM. Krank will also dive into credit management data analytics at the 123rd annual Credit Congress in Colorado this May.

To answer this question, it all starts with a credit policy, said Krank. The credit policy sets forth a company’s risk tolerance which in turn determines credit strategies which equal credit line recommendations. “Not all credit lines are the same across your customer base,” noted Krank.… Read the rest

Nov 12, 2018

Posted by & filed under Education, Leadership.

Albert Einstein once said: “The measure of intelligence is the ability to change.” As global credit professionals, we need to change and adapt if we are to succeed in a global world environment. But change does not mean to empty ourselves of our values and real nature—our core and substance—to adapt.

The 21st Century has introduced many challenges that credit professionals need to face and work with in order to succeed. One of the key challenges is the speed of change and the transformation of the digital and tech environment. This environment is forcing companies to seek efficiency to stay relevant. In the process, some have lost their humanity and human touch by depending on robots and machines.… Read the rest