International Credit and Collections: A Guide to Extending Credit Worldwide - Hardcover

 
9780471406754: International Credit and Collections: A Guide to Extending Credit Worldwide

Inhaltsangabe

All the information you need to extend your credit lines worldwide!
As more and more companies expand globally, their credit managers must learn to understand and implement foreign concepts and practices while navigating different cultures and traditions. But working across borders and time zones has its pitfalls and credit managers must be well informed and up-to-date to avoid expensive mistakes and maintain their credit standards. International Credit and Collections brings together enlightening contributions from international experts to provide complete coverage of important issues and concepts, including:
* Country risk, credit insurance, and forfaiting
* Cultural differences and awareness issues: Latin America,
* the Pacific Rim, and Europe
* Collections expectations, issues, and practices
* Government programs
* Credit reporting practices: credit applications and
* letters of credit
* The Internet and new technology
Whether you are new to the global marketplace, or need to stay up-to-date on new procedures and standards, International Credit and Collections will help you safely and efficiently take your credit operation global.

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Über die Autorin bzw. den Autor

MARY S. SCHAEFFER holds a BS degree in mathematics and an MBA degree in finance. She is the editor of a credit newsletter for the Institute of Management and Administration (IOMA) and a full-time writer. She is the author of four other books, including one on derivatives and her most recent, Accounts Payable: A Guide to Running an Efficient Department (Wiley). She is a member of the New York Financial Writers Association.

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All the information you need to extend your credit lines worldwide!
 
As more and more companies expand globally, their credit managers must learn to understand and implement foreign concepts and practices while navigating different cultures and traditions. But working across borders and time zones has its pitfalls and credit managers must be well informed and up-to-date to avoid expensive mistakes and maintain their credit standards. International Credit and Collections brings together enlightening contributions from international experts to provide complete coverage of important issues and concepts, including:
* Country risk, credit insurance, and forfaiting
* Cultural differences and awareness issues: Latin America,
* the Pacific Rim, and Europe
* Collections expectations, issues, and practices
* Government programs
* Credit reporting practices: credit applications and
* letters of credit
* The Internet and new technology
 
Whether you are new to the global marketplace, or need to stay up-to-date on new procedures and standards, International Credit and Collections will help you safely and efficiently take your credit operation global.

Aus dem Klappentext

As companies expand into the global marketplace, it is imperative that credit managers broaden their horizons to include international credit. Extending credit across international borders requires a credit manager to be well informed on issues around the world. Successful international credit managers must be able to grasp and implement foreign concepts such as country risk and forfaiting while also navigating different payment systems, legal systems, and cultures.
 
International Credit and Collections brings together contributions from international experts to provide a comprehensive review of vital issues in international credit. Firsthand accounts, real-life examples, and case studies are included to shed light on practices that may be foreign to credit managers.
 
The book begins with an overview of international credit that will help a manager establish credit standards for international customers that accurately reflect a company's domestic standards. Other sections feature discussion of these vital issues in the international arena:
 
? The basics of international collections-speeding up collections, invoice discounting, and the real-life stories of an international collection expert
 
? Cultural differences and awareness issues with a focus on Latin America, the Pacific Rim, and Europe
 
? In-depth coverage of unfamiliar concepts such as credit insurance and forfaiting
 
? Using bartering and countertrades
 
? Taking advantage of government programs
 
? Letters of credit, credit reporting practices, and credit applications
 
? Using the Internet and new technology
 
Whether you are new to the global marketplace, or need to stay up-to-date on new procedures and standards, International Credit and Collections will provide all the information you need to be competitive around the world.

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