The Credit Trap: How Much Is it Costing You

Article Abstract:

The need for disciplined credit management is a problem that all companies must enforce in order to stay solvent and keep their cash flow at a high level. This latest recession has caused an increase in the number of business failures due to a number of reasons including lax credit controls. To avoid this problem one should stay informed about the ability of customers to meet their bills, be firm in adhering to the company's collection procedures and make sure these policies are followed by all accounting personnel. Reducing this risk has been a major factor for a number of companies that have survived this recession.

Accounting, Management, Credit, Cash flow, Accounts receivable, Billing/Invoicing, Credit Rating

---

Intelligent Credit Cards Have Built-In Chips

Article Abstract:

Toppan Printing Co. and the Tokyo Magnetic Printing Co. have jointly developed the IC Chip-in-Card. The IC, which is built into the card, combines a microprocessor with memory. It increases the volume of information and provides data handling functions. Applications include checks, credit, ID cards, telephone cards, passports, hotel and club cards. There is a photograph of the IC Chip-in-Card.

Integrated circuits, Microprocessor, Joint ventures, Memory, Smart cards, Functional Capabilities, Applications, Microprocessors, Smart Card, Toppan Printing, Tokyo Magnetic Printing

---

The Rental Experts: Credit Where It's Due

Article Abstract:

The Rental Experts in Hamden, Connecticut, rents televisions, VCRs, stereo systems and major appliances. Alan Dobzinski, the store's owner, offers no credit checks as a strong selling point. Annual sales run about $750,000. Nearly twenty-four percent of the renters end up buying the products.

Consumer electronics, Electronics, Company Profile, Renting, Rental Experts

Similar abstracts:

• Abstracts: The Dilemma of Contract Industrial Staff: How to Use Contract Workers More Productively. The Changing Face of Leyland's Parts Store
• Abstracts: Conference Is Representative of OA Changes Taking Place. This Year's Conference Has Broader Scope
• Abstracts: Army Needs Word Processing Expertise, Too. Is Word Processing Dead? Word Processors - Looking Outside
• Abstracts: SGI: the debut of a different PC. NTT Makes Experimental 1.5 MB Full-Wafer LSI. Restyled Stylus Makes Debut in A-T Cartridge
• Abstracts: The Minicomputer: A Key to an Integrated OA Strategy. Participation: Individual Goals and Choices in Collective Action

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.