Whether you’re new to the profession or changing careers, education is vital for success in credit management. With NACM’s six-level Professional Certification Program, credit professionals of all levels can broaden their knowledge and sharpen their skill set to progress in the B2B credit field. 

Despite supply chain challenges and two years of modest performance, Saudi Arabia’s economy is expected to grow next year, driven by increased oil output.

With only 40 shopping days left until Christmas, it’s looking like this holiday shopping season will be a bit different from the past few years. With less time between Thanksgiving and Christmas than normal, customers will be packing a lot of their holiday shopping in a shorter period of time.

As a B2B credit manager, you have likely worked with a diverse range of customers, from small local businesses to expansive national chains. But venturing into the realm of federal government contracts presents a new set of challenges.

Over the past 25 years, businesses have increasingly moved from paper-based invoicing to digital and automated invoicing systems. The shift suggests that the invoicing process will eventually be completely paperless.

Senate Bill 1286 (SB 1286), signed into law by California Governor Gavin Newsom on Sept. 24, 2024, will extend existing consumer debt collection protections in the state to small businesses and to the collection activities of business debt.

Having spent just two years in the credit field, Melinda Parrish, CBA, credit manager at Archer Daniels Midland Company (Decatur, IL), earned her Credit Business Associate (CBA) to increase her knowledge in the credit world. “I figured if I was going to take classes, I might as well be working towards a certification at the same time,” she said. 

Andreia Magarinhos, CCE, senior regional credit manager at Ferguson Enterprises LLC (Chantilly, VA), said that earning her Certified Credit Executive (CCE) was an important goal in her professional growth. “It has always been important to me that I lead by example, and I often speak to my team and peers on the importance of continuous self-development.” 

Canada’s economy is cooling down after decent second quarter growth, but Trump’s promise of tariffs could squander the nation’s chances at continued growth. Canada’s gross domestic product data shows a dip in growth during the third quarter compared to the strong second quarter, according to TD Economics. The Bank of Canada will meet in mid-December to discuss a possible change to the interest rate.