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Bectran Inc. to Sponsor ICTF’s Global Credit Professionals Symposium in Chicago

Bectran

CHICAGO, April 22, 2022 (GLOBE NEWSWIRE) -- Credit, Collections & Accounts Receivable Software leader Bectran, Inc. will be sponsoring ICTF’s (International Credit and Trade Finance Association) Global Credit Professionals Symposium from April 24 th through 26 th in Chicago, IL.

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Independent Loan Review & Credit Risk Review System Objectives

Abrigo

Independent Loan Review Systems in Banking Banking regulators have outlined expectations for effective, independent loan review and credit risk review. . Takeaway 1 A system for ongoing, independent credit risk review will not look the same from institution to institution. Would you like other articles on loan review in your inbox?

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Three Ways to Reduce Your Outstanding Accounts Receivable

Lockstep

Still, there are some fundamental and easily-deployed tactics that are sometimes forgotten in the rigmarole of daily activities – tactics and concepts that every credit department can use to reduce outstanding receivables. . Accurate and timely information is important for internal credit and collection professionals but also for customers.

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The Finality of a Final Demand Notice

Eastern Credit Management Services

Of all the credit management tools in your toolbox the one that should have the most teeth is your Final Demand Notice. They were contemplating sending a customer to collection but wanted to send a Final Demand first, this of course was not the actual Final Demand.

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5 Benefits of expanding in-house member business lending

Abrigo

With the National Credit Union Administration issuing its final member business lending (MBL) ruling as of January 2017, credit unions are seeing increased flexibility in their lending limits. Speed and control of process Keeping MBL services in-house promotes seamless communications between loan officers, credit analysts and members.