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4 Ways to Improve Your Profits Through Strong Collection Practices

4 Ways to Improve Your Profits Through Strong Collection Practices

by Tom Claybaugh, President, MSCCM | Mar 1, 2017 | Collections

One major challenge in extending credit to customers is maximizing collection returns. Meanwhile, you need to have strong credit policies in place to minimize risk. Here are four ways business leaders can improve their profits: 1. Analyze collection trends. Collection...
Fine-Tune Your Credit Risk Management Process

Fine-Tune Your Credit Risk Management Process

by Tom Claybaugh, President, MSCCM | Jan 31, 2017 | Risk Management

The start of a new year is always a good time to review your credit management and collections policies. Are your systems functioning properly? Are you managing risk in a way that makes sense for you and your business? If you answered “no” or aren’t...
B2B Fraud: Do You Know the Signs?

B2B Fraud: Do You Know the Signs?

by Tom Claybaugh, President, MSCCM | Sep 28, 2016 | Risk Management

One of the biggest credit management risks that business leaders face is something many may not have considered: business-to-business (B2B) fraud, including bankruptcy fraud. B2B fraud occurs when a member of a business you have contracted with purposefully and...
Know the Red Flags of Credit Management

Know the Red Flags of Credit Management

by Tom Claybaugh, President, MSCCM | Aug 16, 2016 | Risk Management

A credit report evaluation is a good first step in your credit review process, allowing you to see if a new customer is worth the risk. It can certainly offer valuable information, but to take this review a step further, you’ll need to look at the company’s financial...
Learn Why You Need to Understand Your Financial Supply Chain

Learn Why You Need to Understand Your Financial Supply Chain

by Tom Claybaugh, President, MSCCM | Jul 13, 2016 | Blog Posts, Risk Management

When we think about credit management, it’s easy to get focused on the day-to-day operations of sending invoices and collecting payments. It can be hard to see the forest through the trees, so to speak.But if the recession of 2008 taught credit managers and...

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