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IN THE NEWS

When Financial Statements Do Not Provide the Full Story

Posted on Jun 24, 2019

Analyzing financial statements helps reveal the creditworthiness of a customer, piecing together the figures to paint a picture of a customer’s level of risk. Beyond the traditional methods of financial statement analysis, credit scores, etc., creditors must also take internal controls into account as well⁠ should they have reason to believe something is amiss.

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May CMI Reaches Higher for Second Consecutive Month

Posted on Jun 04, 2019

After four months of fluctuation, NACM’s Credit Managers’ Index (CMI) broke the cycle in May when readings increased for the second month in a row, experiencing gains in both the manufacturing and service sectors. Reaching its highest reading since November 2018, the CMI’s combined score climbed to 55.7 thanks to positive results in the favorable factors.

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Webinar: Measuring Key Performance Indicators in Credit

Posted on May 02, 2019

How do you communicate the successes of your credit department to your boss? How do you communicate with other departments within your company? What are the key metrics you should be using? Our experts can help you learn what information many companies use to report their performance upwards (hint: DSO and DDSO are two of them!).

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Update from the National Grain and Feed Association

Posted on May 01, 2019

In Iowa, there is a legal battle brewing over a warehouse operator’s ability to deduct storage and conditioning expenses from grain settlement, a common business practice applied across the U.S. grain industry.

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