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Mountain States Commercial Credit Management – elevated credit and collection services since 1988. Call us to improve your cash flow.    800-457-8244

Mountain States Commercial Credit Management Blog

Stay informed with the latest news from Mountain States Commercial Credit Management

Artificial Intelligence in Supply Chain Management

Posted September 30, 2021 | Comments Off on Artificial Intelligence in Supply Chain Management

Artificial intelligence (AI) is controversial. Along with significant benefits, AI implementation carries a lot of potential risk. What can AI do to improve supply chain management? And how can business address the common concerns raised by its growing prevalence?


Digitizing the Order-to-Cash Cycle

Posted September 23, 2021 | Comments Off on Digitizing the Order-to-Cash Cycle

For successful digitization of the Order-to-Cash cycle, remember the three As: Analytics, Automation, and Artificial Intelligence.


Credit Management Complications in Construction

Posted August 31, 2021 | Comments Off on Credit Management Complications in Construction

The construction industry is a financial minefield. To navigate and manage commercial credit in construction, know the risks in advance.


Water Scarcity and Creditworthiness

Posted August 25, 2021 | Comments Off on Water Scarcity and Creditworthiness

Commercial creditworthiness depends on more than credit history. Environmental factors can affect your customers’ ability to do business. For successful partnerships, be sure to look at the whole picture.


Digital B2B Payment: Pros and Cons

Posted July 27, 2021 | Comments Off on Digital B2B Payment: Pros and Cons

More and more companies are ditching traditional payment methods and switching to digital platforms. What are the benefits — and drawbacks — to this approach?


Bonding Off a Mechanic’s Lien Can Be a Good Thing for All Parties

Posted June 29, 2021 | Comments Off on Bonding Off a Mechanic’s Lien Can Be a Good Thing for All Parties

A mechanic’s lien is a valuable tool for ensuring construction workers and suppliers get paid, but “bonding off” a mechanic’s lien — while sometimes used to discourage claimants from filing a lien — might actually be the best solution for all involved.


A Sound Credit Policy Is Key to B2B Credit Management

Posted June 22, 2021 | Comments Off on A Sound Credit Policy Is Key to B2B Credit Management

Commercial credit is an important element of business strategy, but it does introduce an element of risk. With due diligence, lenders can keep clients happy, increase cash flow, and limit inherent risk.


Maintaining Customer Relationships While Collecting Unpaid Invoices

Posted May 27, 2021 | Comments Off on Maintaining Customer Relationships While Collecting Unpaid Invoices

When a formerly prompt-paying customer falls behind in payments, there’s often a good reason. A tactful approach and willingness to negotiate will usually alleviate tension in the business relationship as well as get the debt paid.


Why You Need a Credit Risk Scoring System

Posted April 27, 2021 | Comments Off on Why You Need a Credit Risk Scoring System

If you rely more on judgment and gut feelings than sound credit practices when extending credit, perhaps it’s time update your process with a credit risk scorecard.


Legal and Other Considerations for Remote Employees

Posted April 20, 2021 | Comments Off on Legal and Other Considerations for Remote Employees

Suddenly switching to having a remote workforce was a necessity for many businesses due to the arrival of COVID-19, and many were unprepared for the switch. Now that we’re a year in, you might want to review some of the legal and related considerations for your remote employees to ensure you remain compliant.