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eNewsletter: Credence
 
Credence:"Acceptance as true or valid; claim to acceptance; and trustworthiness"
The American Heritage
Dictionary of the English Language
Credence, a quarterly-published newsletter that features a diverse coverage on the group of companies
under the Infocredit Holdings umbrella.
Capitalizing on our expertise in our research and the wealth of our databases, read on to find out
more about industry insights, latest product developments, and also learn about how simple things
in life had inspired our creme of the crop in Power Philosopher.
Credence highlights on Issue 7

More firms pay their bills promptly amidst strong economic performance

In the midst of strong business performance and favorable economic outlook, Singapore-based companies have shown significant improvements in their payment patterns over the past one year.

Latest data released by Dun & Bradstreet Singapore show that in June 2007, about 46% of the Singapore-based companies paid their suppliers promptly. This is an improvement of 12 percentage points compared to a year ago. At the same, the proportion of companies that were slow in payment has reduced from 51% to 40% over the same period. << read more >>

SMEs will face greater challenges

Credit Advisory Unit (CAU) believes that SME development efforts are now further challenged by fiercer regional and global competition, rapid changes in technological and increased sophisticated, demanding and constantly changing consumer preferences and market requirements. Furthermore, there are other pressing issues for policy attention as well.

Another common issue raised by CAU is SME financing, which has been and will remain perennial issue. Many financial support measures for SMEs have limited outreach at disparate cost. Criteria for and terms of financing appears to be rewarding those enterprises with a certain scalable size and good management practices, especially for those jurisdictions with established credit bureaus.             << read more >>

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SMEs should focus more on their liquidity as their businesses grow

Managing cash flow and liquidity risk is a major activity that SMEs need to focus more, especially when they are embarking on growth strategies. A greater balancing act needs to be undertaken between making sure all obligations are paid on time, doing everything to collect cash as quickly as possible, and not holding excessive cash balances. These points were emphasized and reiterated by Credit Advisory Unit (CAU),a JV unit between Evolve Maximus Pte Ltd and Dun & Bradstreet Singapore Pte Ltd. In this regard, an understanding of cash flow cycle is an important first step in managing cash flows. The basic rule in managing the cycle is that SMEs want to lengthen the disbursement cycle and shorten the receipt cycle. Controlling float times is a common way of adjusting cash flow cycle times.  << read more >>

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Networking Event - Top 1000 Performing Companies in Asia Pacific 2007

14th September 2007 holds an event held by Dun & Bradstreet in relevance to the ‘Top 1000 Performing Companies in Asia Pacific 2006’ publication, a networking event by ABN AMRO Bank. For this event, D&B had invited personnel of executive level from companies in Singapore and Malaysia that were ranked in the 2006 publication and other key industry players. They formed the main essence of this networking event. D&B hopes to allow personnel coming from these different successful companies to network as well as share their experiences. This event had lucratively drawn in individuals nearing a hundred for the evening. << read more >>

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Archives
 
Credence Issue 6                                                                                       << read more >>
Credence Issue 5                                                                                            
 
Credence Issue 5 Supplement                                                                      
Credence Issue 4                                                                                            
Credence Issue 3                                                                                            
Credence Issue 2                                                                                            
Credence Issue 1                                                                                            
Supplement                                                                                                      
 

                                                                                                                                   

 
 

Credit Risk
Credit Reports
KiM Finalysis
Litigation Monitoring
DunTrade

 

Collections
Receivables
Outsourcing
Duncash
Field First

 

Marketing
Business Marketing
Database Management
Data Rationalization
Hoovers
Standard Industry Classification (SIC)


 

Bureau
SME Credit Bureau
CreditScan Consumer

 

Credit Advisory
Credit Advisory
KiM Finalysis

 

   

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