David DiPiero, CEO of FGI Finance, discusses outsourcing credit and collection services with Journal of Trading Partner Practices
THE FIRST NAME IN INTERNATIONAL FINANCE©
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Yael Penn
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ypenn@fgiww.com
New York City, NY – January 10, 2008 – David DiPiero, Chairman and Chief Executive Officer of FGI Finance (www.fgifinance.com) explains in the latest issue of Journal of Trading Partner Practices that outsourcing credit and collection services can relieve some of the strain on a growing business and streamline operations.
DiPiero writes, “For a company to succeed in a new or expanding market, the seamless implementation of credit management and collections process is crucial. However, this task can be one of the most challenging to implement due to the specialized knowledge and experience required. Outsourcing these functions is an efficient and cost effective solution to safely expanding your business while successfully addressing these critical requirements.”
This article provides insight into the benefits of outsourcing credit and collection services and what to consider when doing so.The entire article can be found at http://www.fgifinance.com/news_and_media/pdf/JanFebMar08JTPPFinal3.pdf
About Journal of Trading Partner Practices
The Journal of Trading Partner Practices, is the official publication of the Federation of Credit and Financial Professionals, the Vendor Compliance Federation and the Trade Promotion Management Associates.
The Journal of Trading Partner Practices and the Journal of Business Credit recently merged under the title of the Journal of Trading Partner Practices. The publication offers insight to credit best practices, trade promotion execution and optimization, A/R and A/P best practices, and more. Timely articles highlight companies and organizations who work together to avoid revenue dilution and who develop best practices and collaborative agreements that drive profits.
About FGI Finance
FGI Finance is a global commercial finance firm providing foreign receivable financing solutions and other financial services to mid-sized exporters, international service providers, and manufacturers worldwide. Headquartered in downtown New York City, FGI Finance has a presence in 6 continents.