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Credit Management

New Transparency for Credit Management – Value Added through Internal and External Information Sources

The German Credit Management Association recently held its 2011 conference and exhibit in Frankfurt/Main.   The conference focused on the topic of value creation through greater availability of internal and external information.   A number of presentations centered on methods in how the effectiveness of credit management can be measured.   The conference was well attended by credit professionals, information suppliers and members ... Read More »

Credit Management in China: Making Up For Lost Lessons in Credit Risk Awareness

Author: Fu Junsheng, Consultant Director of Sinotrust Credit Risk Consulting Services explains that gaining and solidifying credit risk awareness involve three stages and seven steps, which are necessary to get credit risk awareness embodied in daily work of employees.  To read the full story click on the link:  July 2011 Sinotrust Opinions_Make up a Missed Lesson of Credit Risk Awareness (2) Read More »

IMPORTANCE OF CREDIT MANAGEMENT IS INCREASING AS CREDIT CRUNCH PUTS THE EMPHASIS ON LIQUIDITY RATHER THAN GROWTH

The credit crunch brought about fundamental changes in how companies manage their businesses.   The emphasis today is on liquidity aspects of managing the business and less on top line growth writes Jan Schneider-Maessen, from the German Credit Management Association (VfCM).  More and more companies are undertaking a value judgment by comparing the potential the risk of non-payment (client insolvency) versus ... Read More »