Author Archives: Dave Schmidt

About Dave Schmidt

David graduated from the University of Michigan, and began his commercial credit career in 1976 as a business analyst with Dun & Bradstreet. Since then, he has managed credit and collections departments for Remington Rand, Towa Corporation of America, Erico Fasteners and the Colorcon division of Berwind Pharmaceutical Services. Mr. Schmidt has been consulting in commercial credit, specializing in system improvement and cost reduction since 1994 . He is also a contributing editor with Business Finance, the former editor of The Credit Manager newsletter, and the author of numerous articles published in other credit and finance related periodicals. In addition, Mr. Schmidt is co-author of Power Collecting: Automation for Effective Asset Management, (John Wiley & Sons, 1998). Listed in Who's Who in America and a member of the Credit Research Foundation, he has presented workshops to industry credit groups, conducted seminars at local NACM meetings, and spoken at numerous credit and finance related conferences.

Keeping the Tax Auditor at Bay and Saving Time and Money in the Process

The regulatory environment surrounding sales and use tax is much more complex than most people realize…at least until you consider that there are over 13,000 taxing authorities in the USA, and that they made over 1400 rate changes in 2007.

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The War on Paper Yields Dividends

Credit departments are awash in paper. Consequently, credit analysts and collectors spend an inordinate amount of time filing documents, searching paper files for documents, distributing documents, copying data from documents, waiting for others to send them documents, reprinting invoices and … Continue reading

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Receivables and Collections Management (RCM) Comes of Age

In the two years since we first did an in depth study of Credit and Collection Technology, I have been extremely impressed by the strides the vendors have made in filling out their solutions. B2B credit and collections is a … Continue reading

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Dave Schmidt

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