Warman-Lowe & Associates, Inc. (WLAI), was originally founded in 1992 by James R. Warman (Warman & Associates, Inc.) for the purpose of providing outsourced Receivable Management consultation. In 1995, Warman & Associates, Inc. merged with WLAI and James D. Lowe joined the firm as senior partner.
WLAI has a total of 50 years combined experience in accounts receivable management including Credit Management, Credit Software Systems, Deductions/Claims Management, Cash Management and other related Treasury areas. We currently employ fifteen Credit Professionals and engage contract credit professionals on an as need basis to fill specific client requirements.
PRINCIPALS
James R. Warman, Senior Partner
Jim Warman started his working career at Armco Inc., Middletown, Ohio in 1977. Armco was a diversified company that included manufacturing steel, insurance, and finance leasing operations. He progressed through various professional positions in the Treasury and Accounting areas that encompassed reconciliation's, cash management, collections and financings.
During the mid 1980s' he progressed through several management positions and was instrumental in forming a division that handled runoff operations. As Vice President of Treasury Operation for that division, he was responsible for liquidating receivables and other assets originating from operations that were diversified.
It was from this position that he formed Warman & Associates, Inc. to handle the Armco receivable and provide various receivable management duties to other companies as well.
Jim earned his BSBA Degree - Miami University, Oxford, Ohio. In addition, he is also a Certified Cash Manager.
James D Lowe, Senior Partner
Jim Lowe joined AK Steel Company, Middletown, Ohio (formerly known as Armco Inc.) in 1970. AK is a producer of high quality, high-value carbon flat rolled steel, serving the automotive, appliance, construction and distribution markets.
He progressed through various Managerial positions within the Treasury area including Investor Relations, Insurance, International Operations and Credit. After being promoted to Manager of Credit, Jim was responsible for all facets of corporate Credit including Pricing and Claims. He engineered various credit programs to improve the Days Sales Outstanding (DSO) dramatically.
Additionally, Jim was responsible for instituting a credit scoring software system that proved extremely beneficial when reviewing potential customers. His continued involvement in unauthorized deductions including unearned cash discounts drastically improved cash flow.
He left AK in 1995 and formed Warman-Lowe & Associates, Inc. He earned a BSBA Degree from Miami University, Oxford, Ohio and a MBA Finance from Xavier University, Cincinnati, Ohio. Jim is on the Board of Directors for NACM-Ohio.