Remove legal-information
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Navigating the Credit Network Maze: Do’s and Don’ts for Sharing Customer Information

Credit Research Foundation

These networks, tailored for credit professionals and often specializing in diverse industries, provide a wealth of opportunities for collaboration and information exchange. Notably, reporting cost-related information and historical data, rather than current or future prices, minimizes antitrust concerns.

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FEC France Legal Requirement with Data Retention Tool (DaRT)

SAP Credit Management

Business Requirement From 1st January 2014, companies in France are legally required to export their accounting transaction data for a fiscal year. Solution : SAP Data Retention Tool (DART) functionality can be used in order to fulfill legal requirement of the Article A.47 This ‘FEC’ file is described by article L. Following Article A.47

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In-Advance Documentation Delivery on SAP Help Portal with SAP Notes

SAP Credit Management

Hi everyone, As you know, SAP Notes are part of the implementation of most of the functional and legal changes in a product. It’s about time to announce that we no longer need to attach product documentation of legal requirements for country/region-specific developments to SAP Notes. There you find the SAP Note link.

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Debt Collection Mistakes Can Prove Costly

Your Virtual Credit Manager

Collection mistakes affect the efficiency of your collection process, delaying payments, potentially open your firm up to legal and ethical issues and diminish future sales. This documentation serves to inform you have what has transpired in the past, which includes identifying customer trends.

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Keeping SAP System Landscape Secure and Up-to-Date With SAP Notes Recommendations in Maintenance Planner

SAP Credit Management

SAP Notes are delivered to address issues related to functionality, performance, security and compliance with legal changes to ensure optimal functioning and security of SAP systems. Allows filtering of list of SAP Notes based on Security Notes, Hot News, Performance Notes, and Legal Changes.

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Member Alert: Tennessee Enacts Comprehensive Consumer Data Privacy Law with GLBA Exemptions

RMAi Blog

On May 11, 2023, Tennessee Governor Bill Lee signed into law House Bill 1181 , the “Tennessee Information Protection Act,” making Tennessee the eighth state to enact a comprehensive consumer data privacy law, following California, Virginia, Colorado, Utah, Connecticut, Iowa, and Indiana. Opt out of the sale of personal information.

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What Triggers Your Collection Efforts?

Your Virtual Credit Manager

Derogatory Information: You should be monitoring the creditworthiness of the customers in your AR portfolio. This is done by getting updated credit reports, updating credit references, sharing information with a credit industry group, and monitoring various information sources both internal and external.