by Nancy Seiverd | Jan 7, 2025 | Uncategorized
A client of mine was recently talking to me about one of their customers who had been covered under their credit insurance policy, but coverage was suddenly cancelled due to negative financial information that came to light. According to my client, they have been...
by Nancy Seiverd | Jan 7, 2025 | Uncategorized
The “January Effect” is a well-known financial market phenomenon referring to a seasonal increase in stock prices during January, often attributed to year-end tax-loss selling, portfolio rebalancing, or increased market optimism. While it primarily impacts...
by Nancy Seiverd | Dec 10, 2024 | Feature Article, Uncategorized
by Nancy Seiverd | Nov 7, 2024 | Uncategorized
About one year ago, one of our clients asked us to help them interview candidates to fill the position of in-house collector for their commercial claims. They had received over two hundred resumes and in reviewing them, there were about two dozen candidates...
by Nancy Seiverd | Oct 7, 2024 | Feature Article, Uncategorized
I can’t believe how fast the summer flew by! But here we are in October and the leaves are turning all shades of yellow, orange, and red before finally falling to the ground leaving a huge mess for me to rake up around the house. At the end of the month, it’ll...
by Nancy Seiverd | Oct 7, 2024 | Uncategorized
If you’re a baby-boomer and older, there’s no doubt you’ve seen the “Who’s on First?” comedy skit between Bud Abbot & Lou Costello several times when you were growing up. They certainly brought out a lot of laughs with their silly antics. At least they...
by Nancy Seiverd | Oct 7, 2024 | Poll, Uncategorized
Take the Poll – In the current employment market, to what extent do the credentials CCE, CBA, CICP, or MBA, help someone to advance in their credit related career?Not much helpMaybe a little bitSomewhat helpfulVery helpfulChoose Whenever I have been asked to...
by Nancy Seiverd | Sep 6, 2024 | Uncategorized
In my many travels as a credit risk management consultant, I’d like to share an interesting collection situation that came across my desk. Several months ago, I was contacted by an Intellectual Property law firm which has been in business for several decades. Their...
by Nancy Seiverd | Aug 5, 2024 | Uncategorized
From time to time, I am asked to help a client evaluate candidates for their open credit and/or collection positions. I feel very fortunate when I am requested to do this because I believe it reflects a deep level of trust between my client and our firm, and...
by Nancy Seiverd | Jul 9, 2024 | Uncategorized
A couple of months ago I received a claim from a creditor in China. The creditor is a marketing research consulting firm, and they performed various focus groups on behalf of a beverage manufacturer in Pennsylvania that was trying to enter the Chinese...
by Nancy Seiverd | Jun 4, 2024 | Uncategorized
When it comes to obtaining credit information on privately held companies where financial information is often carefully guarded, the quality of the information in a report should be treated with some level of skepticism. As we have often seen, there can be a huge...
by Nancy Seiverd | May 7, 2024 | Uncategorized
I have a client who has always sent a birthday gift to his customers as a way of showing his appreciation for their business. The client currently has about 100 customers, which means that he will send a gift to about 9-10 customers per month. The expense of the...
by Nancy Seiverd | Apr 2, 2024 | Uncategorized
My grandkids love to tease me about how technologically behind I am. While they can type on their tiny smart phone keyboards at a speed that would rival a concert violinist, my fat fingers can barely plunk out a text message without several mistakes. Although I’ll...
by Nancy Seiverd | Mar 5, 2024 | Uncategorized
Like many of you in our industry, I often read through a great deal of economic data and indicators to get an idea of where the country is headed, and how the economy affects our credit and collection decisions. According to the American Bankruptcy Institute,...
by Nancy Seiverd | Mar 5, 2024 | Uncategorized
Take the Poll – How many credit granting decisions that you made last year resulted in not getting paid?Less than 56-1011-15Prefer not to sayChoose I have a client that has 500 active accounts at any given time and the credit manager has to make decisions very quickly...
by Nancy Seiverd | Feb 6, 2024 | Uncategorized
I have heard and been told that credit risk management professionals don’t really have a sales professional’s spirit. The idea of getting out into the unknown and trying to sell ourselves and our company’s products or services seems uncomfortable. In fact, I’ve...
by Nancy Seiverd | Jan 15, 2024 | Uncategorized
I always appreciate when clients reach out to me for advice or guidance on credit, collection, and other issues. As a credit risk management professional, I either try to help a client directly and/or introduce the resources that can support their needs. ...
by Nancy Seiverd | Dec 8, 2023 | Uncategorized
by Nancy Seiverd | Nov 8, 2023 | Uncategorized
Regardless of the language, even very fluent non-native speakers may not know the idioms and colloquialisms that native speakers grow up with and have heard throughout their lives. When you think about it, we are unconsciously hearing, using, and enjoying all kinds of...
by Nancy Seiverd | Oct 11, 2023 | Uncategorized
With all my years in credit risk management, one product that has come up from time to time which has a confusing name is “Accounts Receivable Put Option.” When I hear the term “put option,” my mind thinks in terms of placing something somewhere....
