Credit Managers: The Financial Detectives

Listen to today's episode of NACM's Extra Credit podcast here.The art of decision-making rests on the foundation of informed choices. Just like detectives, credit managers meticulously gather data from various sources, such as credit reports, financial statements and bank references, piecing together a financial puzzle.Learn how the hunt for credit...
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Member Spotlight: Fostering Personal and Professional Growth

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Continuous learning is indispensable for credit professionals, serving as the cornerstone for their professional success and organizational effectiveness. By earning designations through NACM's six-level Professional Certification Program, credit professionals gain the necessary knowledge and skills required to advance in their career. Beyond mere ...
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Member Spotlight: Sacrifices for Success

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Accomplishing goals requires discipline and dedication—especially in the B2B credit industry. NACM's Professional Certification Program gives credit professionals the opportunity to accomplish their professional goals through education tailored to their interests. With six levels of certifications, credit professionals can create their own path to ...
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Proactive Strategies to Reduce Late Payments

🎙️ On today's episode of NACM's Extra Credit podcast ... Credit managers must use proactive strategies to encourage timely payments from habitual and sporadic late payers.⭐ Hear from Martine Dyer; Nelida Lervaag; and Marcela Rolon!#podcast#latepayments#b2bpayments#b2btrade#creditmanager#creditrisk#ordertocash 
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Member Spotlight: Opening Doors for New Opportunities

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Being a credit professional requires the ability to determine risk, think creatively and adapt to company-wide and industry changes. By earning designations through NACM's six-level Professional Certification Program, credit professionals gain the knowledge and skillset required to not only adapt to changes but expand their role in B2B credit manag...
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Member Spotlight: Time Is on Your Side

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The relentless pursuit of education never stops for some professionals, no matter where they may be in their career's tenure—especially for those who change or take on additional roles. NACM's Professional Certification Program gives credit professionals that exact opportunity. With six levels of education that start with the basics of credit all t...
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The Perfect Recipe for a Successful Credit Department

🎙️ On today's episode of NACM's Extra Credit podcast ...🧁 The credit department plays a role comparable to that of a meticulously crafted recipe in baking. Just as a cake recipe demands precision in ingredient selection, mixing and timing, the credit department orchestrates a series of crucial processes to ensure the financial health and success of...
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Calling all NACM Members

💭Tell us about the most helpful benefits of being an NACM Member in our latest eNews poll by clicking the link below ⬇https://lnkd.in/gQWGYxqJ
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Member Spotlight: The Art of Staying Sharp

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In the realm of credit management, staying sharp goes beyond mere preference—it's an indispensable asset. It makes for increased efficiency and productivity in the workplace. Through NACM's six-level Professional Certification Program, credit professionals are not only keeping their mind agile, but they're also growing the credit knowledge to navig...
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Mastering Cultural Differences for Global Business Success

On today's episode of the Extra Credit podcast ... All credit management responsibilities stem from one essential skill—the ability to form strong relationships. Business relationships have many layers, all of which credit managers must master. In global trade, credit professionals should try to understand the cultural differences of their cus...
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Member Spotlight: Elevate Your Mind

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​Credit professionals are first and foremost risk mitigators. They have to make credit decisions based on risk factors and must be knowledgeable about business and credit law to minimize risk. By earing the Credit Business Fellow (CBF) designation through NACM's six-level Professional Certification Program, credit professionals ...
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Member Spotlight: Build Your Future

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NACM's Professional Certification Program gives credit professionals the opportunity to accomplish their educational goals and excel in their career. With six levels of certification, credit professionals can map out their designation journey accordingly to their needs. In fact, those who hold certifications average 6% higher salaries than those wh...
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Build the Ideal Education Strategy for Credit Congress

💡NACM's Credit Congress & Exposition is an annual conference established to bring credit professionals together from across the nation to network, learn about various topics in the credit industry and stay informed about the latest changes in the B2B credit world.🎙️ On the latest episode of NACM's Extra Credit podcast, listen to credit professi...
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December CMI Signals Continued Weakness in 2024

In the final Extra Credit episode of 2023, we reflect on the trends of the Credit Managers' Index (CMI). The CMI points to a considerable decline in credit conditions that are leading indicators of economic activity.Complete the CMI every month for the next 12 months and automatically be entered into a drawing to win a gift card worth between $100-...
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How Often Should You Review Customer Credit Limits?

🎙️ On today's episode of NACM's Extra Credit podcast ... most credit professionals review existing customer credit limits on an annual basis (64%), while some reassess credit limits as frequently as every six months (23%). Others reassess credit limits less often, such as 18 months (4%) or 24 months (10%) at a time. The frequency of reviewing credi...
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Member Spotlight: Gain Confidence with Certifications

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Confidence plays a key role in the success of a credit professional. You must be confident in your qualifications, experience and expertise to perform to the best of your ability. With NACM's six-level Professional Certification Program, credit professionals will not only gain invaluable knowledge and a stronger skill set, but they will gain confid...
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Member Spotlight: Education Inspires

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Professionals in every industry know that education never stops. Learning is an ongoing process that we take with us in every level of life. NACM's Professional Certification Program provides six levels of education credit professionals need to level up professionally and personally. Whether being in the industry for 10 months or 10 years, earning ...
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Why Associations Matter to the Modern Credit Professional

🎙️On today's episode of the Extra Credit podcast ... Joining NACM is not merely a membership; it's an investment in a network that propels your career forward and surrounds you with a community that shares in your successes and supports you in times of professional challenges.⭐ Hear from Brittany Yvon, CICP, CBA; Erica White; and Kim Marszalek, CCE...
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Member Spotlight: Fuel Your Passion for Learning

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It's no exaggeration to say that credit managers are financial "busy bees," always jumping from task to task—whether reviewing credit applications, collaborating with sales to extend credit or making routine customer visits. And the responsibilities continue to grow as advancements in technology and artificial intelligence (AI) increase. To remain ...
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Member Spotlight: The Powerful Impact of Professional Designations

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​Earning a designation in any field gives a sense of accomplishment to those who put in the work to earn them. NACM's Professional Certification Program is a six-level educational program with several courses providing knowledge needed to excel in the role of a credit professional. It is a great way to seek career opportunities, get promoted to an ...
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