Lessons Learnt from COVID -19
The Covid-19 Pandemic has effected all industries across all countries. A number of highly skilled, most experienced and motivated international leaders in the filed of Credit Management shared their views.
(September 2020)
The "New Reality" Norms - Can We Cope?
Many European countries are lifting corona virus containment measures and gradually returning back to the ‘new norms’ in doing business, all working and focusing on the economic recovery. (June 2020)
Industry Survey Result - IT
This survey was conducted among MACM Members in the IT Sector 11th May 2020 – 18th May 2020.
(May 2020)
Industry Survey Result - Printing & Advertising
This survey was conducted among MACM Members from the Printing and Advertising Industry in Malta between 11th May 2020 – 15th May 2020. (May 2020)
Industry Survey Result - Construction
Survey conducted among MACM Members in the Building and Construction Industry, including suppliers of Construction and building material, between 8th May 2020 – 12th May 2020.
(May 2020)
Industry Survey Result - Automotive
This survey was conducted among MACM Members in the Automotive Sector 6th May 2020 – 12th May 2020. (May 2020)
Industry Survey Result - FMCG
This survey was conducted with MACM Members, suppliers of foodstuff between 4th May 2020 – 9th May 2020 (May 2020)
Credit & Collections - MACM Guidelines & Tips (Issue 8)
During a recession, one can easily note that staff training suffers but this Covid-19 recession, having employees on reduced hours or with no work, can be an opportunity to invest in staff training for the success of the business.
(May 2020)
Credit & Collections - MACM Guidelines & Tips (Issue 7)
For credit worthiness analysis, Financial Statements have become not only obsolete but also irrelevant. Factual and current data has become paramount more than ever!
(April 2020)
Credit & Collections - MACM Guidelines & Tips (Issue 6)
Is there a silver lining? ..........No doubt, there is. Only if we come together! (April 2020)
Industry Online Credit Group Meeting - HORECA
An informal meeting with no specific presentations
to allow MACM Members to discuss the current
issues which are pertinent to the HORECA Industry (April 2020)
Credit & Collections - MACM Guidelines & Tips (Issue 5)
‘Keeping Physical Distancing’ is indeed important to help prevent Covid-19 from spreading but businesses, especially the people involved in credit and collections, should keep close to their customers. (April 2020)
Credit & Collections - MACM Guidelines & Tips (Issue 4)
Businesses are struggling to manage this recession due to Covid-19, especially those that are highly geared and inadequately capitalised. (April 2020)
Credit & Collections - MACM Guidelines & Tips (Issue 3)
Businesses may experience an increase in late payments due to the unprecedented Covid-19 pandemic which disrupted trade on an international scale. This will have an impact on the cash flow of businesses, which is a fundamental factor for survival during this period. (April 2020)
Credit & Collections - MACM Guidelines & Tips (Issue 2)
An opportunity for all Maltese businesses to honour invoices when they fall due and avoid unnecessary late payments to the detriment of our commercial environment and our economy at large. (April 2020)
Credit & Collections - MACM Guidelines & Tips (Issue 1)
Protecting sound cash flow has become critically important in these difficult times. MACM will be issuing guidelines and practical tips to assist you grant more profitable credit sales and collect money efficiently. (March 2020)
Cash* retains title of king in corona-hit circumstances
With the pandemic disrupting supply chains globally and impinging negatively on a large number of industries,a significant slowdown in economic growth is inevitable. Companies involved in the provisioning of non-essential services, including hospitality in the tourism, leisure and non-food retail, are the ones which are viewed to be highly exposed in the circumstances. (March 2020)
COVID-19 & Credit Management
Message from the FECMA President - Josef Busuttil (March 2020)