Artificial Intelligence: Your Greatest Ally or Hidden Risk? What AI really means for credit management

China’s Communist Party mapped out their five-year economic goals, with an emphasis on industrialization and achieving technological self-reliance. The Central Committee of the Chinese Community Party, a small group of the party’s elite, continues to prioritize manufacturing and investment, with moves that reflect the increasingly tense relationship with the United States.

Gathering job information for a construction project is critical to the work of a credit manager, collecting pertinent information on the customer and the key players in the project so that you understand the degree of risk incurred as you embark on a project. While this process is intrinsically tied to the work and concerns of a credit manager, the responsibility of gathering information can also fall on the sales team.

With economic uncertainty mounting across the board, the agricultural industry continues to slump. With input costs rising and profits dropping, trade tensions add increased instability as they stifle previously high agricultural exports.

In credit management, proper risk management begins with knowing your customer—from their legal name to their industry and risk tolerance. In global trade, it means digging deeper to understand who truly owns, controls and benefits from the customer.

NACM and FCIB’s six-level Professional Certification Program helps turn lessons into stepping stones, equipping credit practitioners with the knowledge and credibility to grow and thrive in their careers.

Continued education is key as you advance in your career. As you take on new responsibilities in a new role, it is critical that you find ways to prepare yourself for new challenges. Earning a designation through NACM and FCIB’s Professional Designation Program is an excellent way to build and refine your skills as you prepare to put your best foot forward.  

Ecuador is regarded to have a strong economy heavily reliant on oil and agricultural exports. However, it is vulnerable to external macroeconomic events. Although Ecuador has made structural and institutional improvements over the years, its’ fiscal imbalances, such as a high reliance on volatile oil revenues, vulnerable financial sector, thin domestic capital market, labor market rigidities and informality has stunted its’ economic growth.

When most people think of a business filing bankruptcy, what they’re often picturing is a Chapter 7. This chapter of the U.S. Bankruptcy Code provides for liquidation, in other words, the sale or monetization of the debtor’s property and the distribution of any available net proceeds to creditors.