km Entrepreneur Day 2012
As the host of the event, km credit consulting gmbh invited guests to the km Entrepreneur Day at Gut Mydlinghoven near Düsseldorf on May 8, 2012. The event was initiated in order to discuss current topics relevant to the credit management industry with interested business partners.
The agenda of the km Entrepreneur Day including the following three topics:
As the guest speakers, we were able to win over Dr. Wencke Mull, Director of Risk Service at Atradius Credit Insurance NV and Dr. Christian Wolf from the Görg law offices as well as Dr. Michael Sauter, Managing Director of Guardean GmbH. Dr. Mull and Dr. Wolf spoke on the topic of “Bankruptcy proceedings: latest news from law and practice.” Dr. Sauter spoke on the subject of “Challenges and opportunities in credit management – efficient processes for your business.”
Jörg P. Kowalewski welcomes the guests to km Entrepreneur Day 2012
Success factors in credit management
Sven Coels, our Senior Credit Consultant, presented our audience with the most important results from the benchmark study “Success factors in credit management.” The study was carried out by km credit consulting and internationally operating corporations.
In presenting the results, Mr. Coels generally zeroed in on the insight that, by definition, “the right” kind of credit management cannot exist. In fact, the orientation is subject to various influence factors, such as market situations and market strategies, the individual structural organization and the position of the company in the respective market, just to name a few of the parameters. The summarized empirical values created a lively discussion amongst the attendees in order to get closer to what distinguishes successful credit management in corporations at an industry and international level.
The study’s core results showed that in the participating companies different levels of development in credit management were observed. Three development steps can be recognized in detail:
Especially the changes within the scope and in the aftermath of the global financial crisis have triggered a clear trend within the companies to actively approach the professionalization and, in turn, the further development of credit management activities.
Furthermore, Mr. Coels described in how far the study had highlighted the success factors in credit management from the viewpoint of the queried companies and went on to describe this. In terms of km credit consulting, the following success factors are decisive:
First km Entrepreneur Day 2012
Bankruptcy proceedings: latest news from law and practice
On the basis of current bankruptcy proceedings, Dr. Mull and Dr. Wolf presented the effects of the new bankruptcy code, which has been in effect since March 1, 2012. In doing so, they triggered an animated exchange of information and a proactive discussion amongst the participants. One area of focus was the function of the creditors’ board as well as their rights and obligations.
A brief overview of the most important points:Changes to the InsO (bankruptcy code) through the ESUG (simplification of corporate reorganizations) and its effects
Special cases in day-to-day business
Bankruptcy proceedings: Dr. Mull and Dr. Wolf give lectures providing the latest legal and practice-related news
Challenges and opportunities in credit management
For questions and more detailed information, please contact us. We look forward to hearing from you.
Jörg P. Kowalewski
km credit consulting
Phone +49 (0)2858 918088-10
km credit consulting
Phone +49 (0)2858 918088-11