Welcome to the Future: Practical & Legal Considerations When Taking the Leap to Electronic B2B Credit Applications

This on-demand webinar is available for 14 days after purchase. 

A 2023 NACM survey found that nearly three out of every four B2B trade vendors are still using paper credit applications. Although the paper credit application has been a staple of trade credit for decades, high-performing credit departments are increasingly moving their credit applications online, often as a first step toward modernizing their entire credit investigation process. Online credit applications enable credit managers to gather more complete and accurate information from customers, reduce credit decision times, streamline future requests for additional credit, and improve collection efforts in the event a customer falls into distress.

The presenters will discuss the legal and practical aspects of moving your credit application online, including key differences between paper and electronic contracting, making the electronic transition, ensuring your terms and conditions are binding when presented in an electronic format, and best practices to ensure a successful implementation.

About the Speakers

Andrew Behlmann, Partner, Lowenstein Sandler LLP and Nicholas Payne, Chief Technology Officer, Agilitize LLC

Lowenstein Sandler Partner Andrew Behlmann leverages his background in corporate finance and management to approach restructuring problems, both in and out of court, from a practical, results-oriented perspective.