by Tom Claybaugh, President, MSCCM | Nov 11, 2021 | Data
Digital transformation is here, and whether we like it or not, business and industry have adapted. Technology makes everything faster and more convenient, but a healthy measure of caution is necessary to avoid security risk. What does digital transformation have in...
by Tom Claybaugh, President, MSCCM | Sep 30, 2021 | Blog Posts, Supply Chain Management
Artificial intelligence (AI) is a hot topic right now, and everyone has an opinion. There are two main schools of thought regarding the use of AI in supply chain management; it’s either an excellent tool for increasing efficiency, or it’s an interloper robbing human...
by Tom Claybaugh, President, MSCCM | Sep 23, 2021 | Blog Posts
If there’s one part of business where mistakes are unacceptable, it’s the order-to-cash (O2C) cycle. O2C is a huge, multi-departmental process, and every part of it must be as accurate and efficient as possible to minimize the risk of profit loss. Digital automation...
by Tom Claybaugh, President, MSCCM | Aug 31, 2021 | Commercial Credit Management
Construction is an incredibly complex industry — especially from a financial standpoint. It’s credit heavy and full of hidden complications. When managing credit for construction, it’s essential to be aware of the risks. Hidden losses In the construction industry,...
by Tom Claybaugh, President, MSCCM | Aug 25, 2021 | Commercial Credit News
When evaluating credit worthiness, there are many factors to consider, the most obvious of which is the debt history of the company to which credit is being extended. But there are some external elements many neglect to consider. Environmental factors, particularly...
by Tom Claybaugh, President, MSCCM | Jul 27, 2021 | Cash Flow
B2B commerce is well established as a beneficial business model. As with most business matters, B2B sales are becoming more streamlined as modern technology develops. Many businesses are turning to digital platforms to improve their operations. In the wake of...
by Tom Claybaugh, President, MSCCM | Jun 29, 2021 | Mechanic’s Lien
A mechanic’s lien is the primary tool available to subcontractors, construction suppliers, and workers dealing with payment disputes. A lien can halt construction, put an encumbrance on the property, and cause many other legal problems for general contractors,...
by Tom Claybaugh, President, MSCCM | Jun 22, 2021 | Commercial Credit Management
Not every B2B company chooses to offer commercial credit, but if done correctly, there is substantial benefit. Commercial credit can increase a company’s customer base, boost cash flow, and improve customer relationships. But extending credit comes with inherent...
by Tom Claybaugh, President, MSCCM | May 27, 2021 | Collections
The moment a business customer submits a credit application for a purchase is the beginning of an important relationship. This process comes with the understanding that each party will contribute to a shared goal of financial success and satisfaction. The relationship...
