Airports

Forum Topics:

Monday Noon till 5:00
• Helping Your Organization “Reflect on Reality” Bill Welter Adaptive Strategies. Bill is a consulting-educator who helps organizations succeed by helping managers excel and prepare for their tomorrows.
  This program will show credit professionals how they can play an important role in the defining and aligning of each of the parts of your company’s business model and help their business partners to “reflect on reality” by putting the various pressures in the proper perspective of balancing short term needs and building the organization for a sustainable future. Then, and only then, will your organization make decisions that are risk appropriate. Because credit professionals stand at the intersection of the business models they are in a unique position to help their organizations take reasonable risk and avoid foolish risk.
  
  Tuesday - all day
  
• Economic Update Featuring Dr. Joseph W. Duncan.
  A Senior Fellow at the Policy and Economic Research Council and Former V.P. and Chief Economist for the Dun & Bradstreet Corporation. He is a frequent speaker and writer for the Credit Research Foundation.
  
  Dr Duncan will discuss how all recessions bring major pressures on credit markets. Receivables grow as payments slow, trade credit tightens along with bank credit, inventories become more expensive, and the costs of gaining new business rises. The key question in evaluating the economy becomes "compared to what".
  
  When we look at the total decline in GDP it resembles 1974-76 more than it matches the press headlines of the "worst since the depression'. Yet 1974 is not a good benchmark because the background did not include a financial bubble (a 20 year explosion of total credit) that is the major problem in 2009. We are truly in "uncharted waters."
  
  Dr. Duncan will address the outlook for 2010/11 in the context of current credit conditions. He will identify some key indicators to follow in the next few quarters and he will suggest some short term issues that will be important to all players in the commercial credit world.
   
  
• CRF Member Case Study "Using an OCR Engine to Drive Remittance Processing" Pepsi Bottling Group
  Paperless Remit:  A Business Case For Automated Remittance Capture and Processing
  • Leveraging Optical Character Recognition (OCR) as the engine to 'Go Green'  while increasing cash application productivity and accuracy
  • Applying the rule to 'capture at the source'…leveraging your banks investment in check and remit imaging
  • Harnessing technology and workflow to integrate and automate your remittance process generating a significant return on investment
  
  
• "Supplier Management" Everyone recognizes that customer financial problems can adversely affect your company’s profit and working capital. However, often overlooked, until its too late, is the affect of a supplier that goes bad. Most credit professionals evaluate suppliers using the same techniques as customer evaluations; which is an inappropriate strategy. This session is designed to show you the proper techniques and tools to use to evaluate your supplier relationships.
  
  
• "Compliance Under the Red Flags Rule" - Wanda Borges, Borges & Associates & Bruce Nathan, Lowenstein Sandler The Federal Trade Commission has most recently set November 1, 2009 as the compliance deadline for the recently enacted Red Flags Rule. The Red. Flags Rule requires most creditors and financial institutions to adopt a written program to detect, prevent and mitigate identity theft in connection with a new or existing covered account. Each creditor and financial institution that is subject to the rule must adopt a risk-based program that identifies red flags relevant to its own operation and how it will respond to them.
  This program provides you details to determine whether the Rule applies to your company. It addresses the basic elements necessary to create your company’s Red Flags Program, including how to identify, detect and respond to Red Flags giving rise to identity theft risk and the steps that should be taken to develop, implement and update your company's Red Flags program.
  
  
• "Practical Tips for Enhancing Your Accounts Receivable Portfolio" This presentation looks at practical ways to assess and analyze an AR portfolio to enhance the value of the AR portfolio. Whether your company is considering a securitization of receivables where your AR will be scrutinized by outside parties, or you simply want to enhance the performance of your portfolio, this session will offer a look at enhancing the various processes dealing with management of your company’s accounts receivable.
  
  
• "Changes in Payment Processing" Paper checks are the OLD way of accepting payments!! So, what now? Join us in a discussion of how the changes in payment processing might affect your company and credit department. What are the changes that are being made and what is driving the change? How do you take advantage of the processes to improve your department’s performance?
  
  Wednesday 9:00 till noon
  
• Our ever-popular CRF Open Forum where you take control and we try to solve your work-related issues.

Running concurrent with the CRF Forum