In this PCM Corp post we take a look at building culture in remote teams. Books and resources mentioned: The Culture Code: Daniel Coyle Extreme Ownership: Jocko Willink Traction: Gino Wickman Harvard Business Review Transcript: Danielle: Hello Alysia! Alysia: Hello Danielle how are you? Danielle: Good how are you? Alysia: Good Danielle: Good, and good…

In this PCM post we’ll talk about how and when to use a multiple properties lien. What is a Multi-Lien? A multi-lien is a term we at Lien-Pro® use to refer to one lien that is registered against multiple land titles. This particular term may be known by another name by other entities. If you have…

  Brad Lohner Interviews Jay McKewon We had a small window of time to pick the brain of Jay McKeown, who as most of you know is a well-known and highly respected authority in the credit industry. Today we cover advice for business owners and credit managers going through an economic downturn, wisdom for younger…

Accounts Receivable Staff Cross-Training in Accounts Payable Accounts receivable specialist and PCM Corp Production Manager Rola Pyper discusses 10 lessons she learned when cross training accounts payable. At one point in my career, I held the position of Accounting Manager for a large company, which meant I oversaw both the Accounts Receivable and the Accounts…

Types of Credit Fraud – Credit Managers Beware With COVID-19, credit fraud can be tempting for some as desperate times will call for desperate measures. As businesses try to figure out what to do, or how to reopen, the financial pressures will be more than some of us can bear. The demands to meet payroll,…

Key Takeaways: DSO calculation can be a useful tool to understand the health of your receivables If you own a publically traded company, DSO can have a significant impact on your stock price “Good” DSO depends highly on your industry and payment terms It’s usually best to look at DSO in conjunction with ageing A…

  Some Key Takeaways When Running A Lean Team: In a crisis, many of us are seeing reduced sales, which is resulting in cut budgets, and unfortunately, cut staff. It is still entirely possible to be productive while running a lean team and, in some ways, even better. By adopting some basic mindset principles and…

  Keep an eye on current credit management trends. The world changed for North American creditors on March 16, 2020. Most of the companies we work with had robust Business Continuity Plans. Still, none of the companies could have foreseen or adequately prepared for the next sixty days. While most business owners, for whom we…

Do You Have A Business Relaunch Credit Strategy? As governments give the business community the green light to re-open, my first reaction was to remind clients to be sure they performed credit checks. Credit Checks You need to do credit checks not only on your new customers (and we hope there are lots!) but also…