7th Annual Scholarship Awarded

We are pleased to announce that Favour Ozordi, a junior at Minot State University, is the winner of our 7th annual $1,000 scholarship.  There were over 100 applicants this year, and it was extremely difficult picking a winner.  What gave Favuour’s essay the nod is that she used her own initiative to create a cash … Read more

The Kaplan Group Awards its 6th Annual $1,000 Scholarship

The Kaplan Group is pleased to announce that Billy Barber has won our 6th annual $1,000 Scholarship!  Billy is in his junior year at the University of Georgia.  He is studying finance with a minor in health policy and management.  Billy’s winning essay is reprinted below and was in response to the following prompt:  In … Read more

How One Credit Manager Reduced DSO By 14%

When Lhoist North America hired Chris Soignier as Credit Manager in 2012, senior management recognized that they wanted to better control risk and reduce DSO.  They had just made DSO one of the variables that impacted bonuses for sales people, but there was still much to do in order to achieve their objectives. Chris identified … Read more

Financial Statement Analysis For Credit Professionals

Determining the credit limit for customers is a difficult task.  One factor is to analyze the customer’s financial statements to understand their profitability, financial strength, and liquidity.  We have created a comprehensive resource for credit professionals that includes the following: Videos and transcripts explaining of the 3 financial statements (e.g. income statement, balance sheet, and … Read more

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