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Category Archives: Commercial Credit Information
Financial Disclosure or Communication – A Necessity for Small and Midsize Companies
Financial disclosure and regular shareholder communication are requirements for large enterprises. The customary glossy annual reports and quarterly statements give the impression that such practices are reserved for capital corporations only. Small, and in particular medium-sized companies generally believe that … Continue reading
Improved Risk Management via Data Quality Improvement
Not too long ago the Economist published an article which blamed in part poor data quality at banks for the 2008 financial melt-down. In essence data silos and poor data quality had exacerbated the problem of accurately determine the risk … Continue reading
Asia: Demand for Experienced Risk Management Professionals is Soaring
The increasingly sophisticated regional business environment has created a huge demand for risk management professionals with banking and financial knowledge, analytical skills. Although local universities provide education in accounting, banking and finance, the programs do not cover risk management and … Continue reading
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 … Continue reading
Credit Information: What does ‘Freshly Investigated Credit Reports Mean’?
On June 13, 2011 BIIA posted a story “Customers Turn Competitors” discussing the offering of ‘freshly investigated credit reports’ by credit management associations. The story was prompted by a discussion within BIIA what ‘freshly investigated credit reports’ means in terms … Continue reading
Commercial Credit Information: The Shape of Things to Come?
BIIA contributing writer Philip Cotter examines how two new entrants disrupt the current status quo in commercial credit information. Recently Cortera in North America and Creditsafe in Europe, have caused discomfort to the larger players through their aggressive pricing, PR … Continue reading
Observations from the BIIA Forum 2011: D&B’s Anthony Scriffignano’s Message to Users and Members
BIIA surveyed credit managers at the tail end of the global financial crisis concerning the performance of credit information during the crisis. The response was that information companies played catch-up during the crisis pointing to a lack of real time … Continue reading
Posted in Asia Pacific, BIIA News, Business Information, Business Information, Business Intelligence, Commercial Credit Information, Commercial Credit Reporting, Credit Information, D&B, European Union, United States, Users of Information
Tagged Commercial Credit Information, D&B, Dr. Scriffignano D&B on Global Credit Crisis
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CREDIT OUTSOURCING LARGELY REJECTED IN NACM MONTHLY SURVEY
While outsourcing has seemed increasingly en vogue as companies look to Mumbai or Manila to cut their operating costs, moving the credit function overseas or simply out from underneath a company’s umbrella isn’t so popular, or profitable, according to NACM’s … Continue reading
BIIA SURVEY MARCH 2010: TRENDS IN CREDIT RISK MANAGEMENT AND IMPLICATIONS ON CREDIT INFORMATION
Credit managers are still in a defensive mode. Trends expected to continue for at least 12 to 18 months based on a BIIA survey of credit managers. When the ‘credit freeze’ hit trade credit the emphasis switched quickly from credit … Continue reading
