The laws and landscape of credit management have changed a great deal in the last year, particularly with the introduction of the National Credit Act. Is your credit department up to date with the law and requirements of credit management?
The seminar will be an overview for Commercial Creditors presented by Bentley Credit Control (Pty) Ltd.
This is a one day seminar in Durban to be held on the 24th August 2007 and Cape Town on the 21st September 2007, at 8.30am for 9am. It is aimed at commercial creditors (businesses who …

I found an interesting article on the Canadian website creditguru.com taken from an article by Puru Grover the Manager, Business Education: Dun & Bradstreet addressed specifically to franchisees but which has important points which are universally applicable.
“Credit is temporary capital and the objective of credit is to lend with the purpose of increasing profits and sales. A sound credit policy in business is the blue print to managing by measurement and benchmarks. The question then arises is ‘What is a Credit Policy and how does one write a Credit …

The laws and landscape of credit management have changed a great deal in the last year, particularly with the introduction of the National Credit Act. Is your credit department up to date with the law and requirements of credit management?
The seminar will be an overview for Commercial Creditors presented by Bentley Credit Control (Pty) Ltd.
This is a one day seminar in Durban to be held on the 24th August 2007, at 8.30am for 9am. It is aimed at commercial creditors (businesses who supply other businesses on credit). It will cover …

Prior to the introduction of the NCA I had written an article explaining the legal and credit management concept of an acceleration clause.
Last month a comment was posted by Eugene Opperman asking my opinion on the effect of the NCA on acceleration clauses.
“Question: What is commonly referred to in credit management, as an acceleration clause is a clause in which a creditor granting a debtor the right to repay a debt in instalments agrees the right to proceed for the full debt in the event of the debtor defaulting in …

The venue for the seminar has now been confirmed at the Indaba Hotel.
The seminar will be an overview for Commercial Creditors.
This is a one day seminar in Johannesburg to be held on the 26th July 2007, at 8.30am for 9am.
It is aimed at commercial creditors (businesses who supply other businesses on credit). It will cover all the basics that are needed to run a successful commercial credit control department with a business.
1. Credit Granting
1.1 Getting credit sales vs cautious credit granting
1.2 Credit Applications and standard terms and conditions of trade
1.3 …

I found an interesting website and forum for the South African community and particularly the business community, in which various challenges and issues facing the South African business community can be debated and discussed called the Forum SA.
I point those in the SA credit management community to their forum on the National Credit Act. Here various aspect of the NCA are being discussed and debated.

An overview for Commercial Creditors.
This is a one day seminar in Johannesburg to be held on the 26th July 2007, at 8.30am for 9am.
It is aimed at commercial creditors (businesses who supply other businesses on credit). It will cover all the basics that are needed to run a successful commercial credit control department with a business.

The school fee collection seminar hosted by Bentley Credit Control has been moved back from June 2007 to July 2007. Unfortunately this is a result of continuing strike action in government schools and uncertainity as when the schools would re-open.

Schools are really having a tough year this year with school fee collections. Not only do government funded schools have to have to deal with the effects of the changes to the amendment of the Schools Act No. 84 of 1996, but all schools have to deal with the challenges posed by the National Credit Act No. 36 of 2005.
There has been a lot of confusion on the issues and to make sure schools are following the correct practice and procedures in their fees recovery and maximizing their school …

I have previous written on the question of Credit Application forms but I must point you to a short article posted on Bentley Attorneys website as the importance of having a sound credit application at the moment can not be stressed too much.