🎙️ On today’s episode of NACM’s Extra Credit podcast … By showcasing the dynamic and impactful nature of credit management, companies can dispel the misconception that the profession is mundane or outdated and grab the attention of finance graduates.

Though the U.S. economy has seemingly survived a worst-case scenario recession (for now), debt is rising as a rapid rate for consumers, businesses and the U.S. government.

NACM’s annual Credit Congress & Expo is renowned for its innovation, support for career advancement, relevant educational sessions and unparalleled networking opportunities. This year was no different.

In today’s fast-paced business world, multitasking has become a key skill for professionals across industries. Multitasking is the ability to perform multiple tasks at the same time. It can sometimes look like juggling meetings or handling various projects both big and small.

The credit management industry is facing a critical juncture as an aging workforce approaches retirement, threatening to leave major knowledge gaps.

New Zealand’s government outlined a soft economy with rising unemployment and a weaker balance sheet of modest tax relief but lowered new spending—facing much criticism for neglecting the country’s indigenous population.

🎙️On today’s episode of NACM’s Extra Credit podcast… Financial resilience has become a top priority for businesses. 📈Credit managers play a pivotal role in this endeavor, leveraging their expertise to ensure stability and sustainability.

Peter Drucker, ‘the father of management,’ famously said, “The most important thing in communication is hearing what isn’t said.” Feedback remains essential to continuous improvement and competitiveness. However, current feedback systems are broken and disliked by both managers and employees. They focus on the past, feel reproachful and often lack problem-solving opportunities.