Credit Datamatics

Article Abstract:

Electronic data processing has made the gap even wider between data being collected and the ability of humans to understand that data. Datamatics is concerned with lessening the gap. Credit executives and sales personnel are generally in conflict in an organization. Their arguments are often cyclical and illogical. Both points of view can be fused by the computer churning out credit reports. The computer determines the loss of money to a company due to overdue payments. This is the primary element of any credit history. Data condensation is the objective quantification of credit related factors.

Computers, Laws, regulations and rules, Digital computers

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Credit, Recession, and Sales Growth

Article Abstract:

Credit executives have had a difficult past few years. Their problems included interest rate increases and a rise in the number of bankruptcies. Efforts were made to maximize cash flow and minimize exposure. The credit executive has to make decisions encompassing sales growth as well as the recession. The path to successful decision making lies in increased efforts, and adherence to areas such as customer relations, internal involvement, basic credit management and external information. These areas are elaborated on.

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Your Legislative Date in Washington

Article Abstract:

The National Association of Credit Management will hold its annual legislative conference in March. The conference will be devoted to the present bankruptcy stalemate. The stalemate involves bankruptcy courts and the potential for disaster unless appropriate action is taken. The authority of sitting bankruptcy judges will soon be terminated. The possibility of no qualified bankruptcy judges serving in the future will be discussed at the conference. A schedule of conference activity is outlined.

Conferences, meetings and seminars, Bankruptcy

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