Micromanagement is often seen as a method for maintaining control and ensuring high standards, but its hidden costs can be detrimental to both employees and organizations. The financial impact can also be significant, with decreased productivity, higher turnover rates and a toxic work environment that discourages growth.

In the world of credit, confidence and proficiency are key. Achieving certifications through NACM’s six-level Professional Certification Program enables credit professionals to enhance their expertise and skills, empowering them to reach their highest potential.  

Earning NACM’s Credit Business Associate (CBA) designation is a key milestone in your credit career journey, reflecting a strong commitment to learning the ins and outs of credit management whilst aiding your own professional growth.

Ukraine’s economic outlook stands conditional based on a number of factors: The destruction of energy infrastructure, logistical mishaps, a difficult labor market and high security risks.

In the construction industry, various factors can make unfinished projects unavoidable. In recent months, the number of abandoned construction projects has increased due to higher insurance and interest rates, rising material costs, delayed shipments, labor shortages and adverse weather conditions.

When it comes to managing credit limits, every credit manager has a unique approach shaped by their industry, company size and customer base.

Every generation has its strengths in the workplace. Baby boomers are known for their strong work ethic and dedication to their employers. Gen X is known to balance traditional and modern approaches in the workplace. Millennials are tech savvy and thrive in collaborative environments. Gen Z workers are the digital gurus who are quick to embrace new technologies and focus on inclusivity in their work.

During vendor selection, customers are expected to compare and negotiate terms. But what might lead them to switch to a new vendor, even if the current one is a good fit?