Picture this: a scout leader perched at a mountaintop, shouting directions through a megaphone. The team reaches the summit quickly, but they’re exhausted, disoriented and less prepared for the next climb.  

For many credit professionals, NACM and FCIB’s Professional Certification Programs help form a bedrock of knowledge that assists them in their day-to-day work. Whether navigating a tricky conversation with a customer or setting firm standards for extending credit, knowledge gleaned from professional certification courses shines through.

Canada’s economy lags as increased trade strains and softening labor market test the economy, prompting more conversation around interest rates cut by the Bank of Canada. Canada’s gross domestic product (GDP) shrank by 0.1% in May, with expectations that it will bounce back in the following months despite continued strain from tariff stress. The biggest hit came from the retail trade sector, part of the larger service-producing industries that contribute up to 75% of total GDP, which contracted 1.2%, per Reuters. 

Every facet of a credit manager’s day-to-day work relates to risk mitigation, as they work tirelessly to protect their company through each transaction. When you are uncertain about a customer and their ability to pay within terms, it is time to consider new protective measures.

The U.S. economy surpassed expectations after real (inflation adjusted) gross domestic product (GDP) increased by 3% at a seasonally adjusted annualized rate for the second quarter of 2025, reversing a 0.5% decline in the previous quarter, according to the U.S. Bureau of Economic Analysis. Contributing to the rise in real GDP, consumer spending grew by 1.4%, up from 0.5% in the prior period.

Credit professionals are no strangers to forms, with the continuous exchange of documents between a customer and a seller dubbed the “battle of the forms.” With so many documents, it can be hard to decipher the exact terms, prompting many businesses to employ master service agreements (MSAs).  

For Nancy Burkard, CCE, senior credit manager at TD SYNNEX (Greenville, SC), earning her Certified Credit Executive (CCE) designation was a deliberate career move that helped her take a more active role in risk management.

Credit professionals may begin their professional certification journey at any point in their career.

Argentina’s economy has shown signs of stabilization following a challenging year marked by severe poverty, soaring inflation and significant sociopolitical pressures. Today, the country stands as one of the largest economies in Latin America, with a gross domestic product (GDP) of approximately $640 billion, per the World Bank Group.