by Tom Claybaugh, President, MSCCM | May 5, 2022 | Mechanic’s Lien
If you work in construction, or invest in construction projects, it’s critical to understand the unique financial issues which may arise. Mechanic’s liens are a frequent source of frustration and misunderstanding for construction workers, suppliers, contractors,...
by Tom Claybaugh, President, MSCCM | Mar 8, 2022 | Accounts Receivable Management
It happens to the best of us: You lose track of time and miss a payment due date. Dealing with delinquent payments is frustrating, but when it’s your money at stake, past due payments go from frustrating to potentially harmful. Fifteen percent of B2B receivables are...
by Tom Claybaugh, President, MSCCM | Mar 1, 2022 | Business Credit
It’s easy to buy into common beliefs about digital communication. It isn’t as effective as in-person interaction. It isn’t conducive to building strong relationships. But as time goes on, these assumptions about digital interaction prove less credible. After two years...
by Tom Claybaugh, President, MSCCM | Feb 17, 2022 | Commercial Credit News
If you’re at all familiar with commercial credit, you’ve heard of “underwriting.” It’s a term that appears frequently in the context of commercial lending, but the meaning isn’t always clear. Before you engage your business in commercial credit activity, it’s...
by Tom Claybaugh, President, MSCCM | Feb 10, 2022 | Credit Management
It should go without saying that payment is a critical piece of any commercial transaction, but the inefficiency of B2B payment processes does little to reflect their importance. Today’s businesses have options for modernizing, streamlining, and optimizing their...
by Tom Claybaugh, President, MSCCM | Dec 23, 2021 | Commercial Credit Management
When evaluating the creditworthiness of a business, it’s common for lenders to check its credit score. Commercial credit ratings are an easy shortcut to a lot of financial information regarding a potential partner, and it gives a clear picture of the risk involved in...
by Tom Claybaugh, President, MSCCM | Dec 16, 2021 | Accounts Receivable Management
The digital transformation movement is modernizing — and automating — business operating systems in every industry and throughout every department. The benefits in increased efficiency more than offset the costs of implementation, particularly for accounts receivable...
by Tom Claybaugh, President, MSCCM | Nov 18, 2021 | Supply Chain Management
The supply chain is the backbone of industry. When there are problems maintaining the supply of necessary resources and materials, the whole economy suffers. The last two years have created chaos in every supply chain and led to periodic — and dramatic — ups and downs...
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...
