Net 30 Blog

Archive for the ‘Economy’ Category

3 Ways B2B Purchase Behavior Data Will Change Credit Management

B2B purchase behavior data is rapidly becoming a highly-valuable corporate asset—a game-changer that is dramatically improving risk management by providing visibility into the blind spots created by traditional credit management systems. It can also serve as a powerful new engine for revenue growth. The potential impact to business includes: 1. Adding a revolutionary new dimension [...]

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New Mexico Businesses Tops in Late Payments, Hawaii a Close Second

New Mexico businesses on average are the slowest at paying their invoices in the nation. According to Cortera’s monthly report on businesses accounts receivable debt past due by state for July 2011, New Mexico businesses are 23.16% past due making them the slowest in the country. New Mexico businesses have been in the top 5 [...]

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Florida Businesses Tops in Late Payments for Second Straight Month

For the second straight month Florida businesses on average are the slowest at paying their invoices in the nation. According to Cortera’s monthly report on businesses accounts receivable debt past due by state for October 2010, Florida businesses are 24.21% past due making them the slowest in the country.  On a positive note, Alaska tops [...]

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Hawks, Doves & The Turkeys in Congress

In case you missed our annual customer conference, we have posted a series of videos from Dr.  Chris Kuehl’s presentation on the state of the global economy on Cortera’s Facebook page.  Below is the opening clip. Click here to view them all. Click here to get a demo of Cortera PULSE and spot the upside [...]

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Latest Supply Chain Index Steady at Lowest Levels in Over Two Years

The June 2010 Cortera Supply Chain Index (SCI) remains in record low territory dropping to 6.79 days beyond terms (DBT), its second lowest level since the index was started in January 2007 and the third consecutive month below 7 days—all good news. The lower the SCI the better as business confidence rises and businesses pay [...]

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Small Business Index Hits Best Levels Since 2007

As we do each month, today, we published our latest report of small business payment activities (see chart below). After watching as the gap grew between the payment habits of large and small businesses throughout the worst periods of the recession, both indices have now converged into a tighter pattern. The SBI peaked out in [...]

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Consumer, Business Delinquency Data Reveal Mixed View on Recovery, Stress

Earlier this week, CNBC (via Reuters) published what looks to be great news when it comes to embattled consumers: Major credit card companies were reporting an improvement in delinquent payments. Simply put, their clients (aka The consumer), were suddenly paying their bills at a faster clip. And while reasons other than improved personal finances were [...]

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Credit by association: Chamber members offer safest bets when it comes to commercial credit

Visit your local chamber of commerce website and you are bound to see list of reasons to join – the benefits of membership. Among the most common cited: networking, advocacy and public policy, awareness and marketing, and of course, local credibility. And now we can add another to the list – one uniquely relevant to [...]

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Oregon businesses: “The check is in the mail”

Good news, Nevada. You’re no longer the poster child for delinquent payments. While it’s a bit too soon to be popping the champagne – Nevada still ranks #1 in percentage of accounts 90+ days beyond term – Oregon businesses now own the dubious distinction of leading the nation in late payments. According to our latest [...]

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The credit crunch: cause or symptom of slow small business growth?

In case our posts haven’t given it away, we’ve been watching the small business credit crunch in earnest over the past year. While the central theme always seemed to be same – big lenders get increasingly stingy, leave Main Street mom-and-pops starving for credit – our own data and our conversations with credit pros suggested [...]

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