eNews Archive

Three months ago, the NACM Board of Directors proposed a comprehensive amendment to the bylaws of the national organization. At its meeting yesterday, the NACM Board voted to adopt the amendment. The final step in the amendment process is to provide 30 days for members to object to the Board’s actions. If no objections are raised, the amended bylaws will go into effect in mid-October.

Communication methods for B2B credit managers have evolved significantly over the years. Traditionally reliant on face-to-face meetings and postal correspondence, credit managers now benefit from a range of digital tools such as email and online portals and text messages.

Louisiana Governor Jeff Landry signed into effect two new laws reshaping payment protocol during construction projects and expanding on defenses afforded to sureties. The two laws grant sureties a new defense against nonpayment claims previously reserved for general contractors and detail a timeline for material suppliers sending notices for missed payments. 

Now that we have some details about each Presidential candidate’s economic plan, there are a few interesting finds. In some cases, the policies are not too different or are even the same. But on most issues, the approaches are wildly different, and with many of the 2017 Trump tax cuts expiring in 2025, next year will be pivotal in determining tax policy for the next five to ten years.

In the four years since Congress amended the bankruptcy code to assist small business reorganizations, credit managers still have mixed opinions on the success of these filings.  

NACM’s Secured Transaction Services (STS) provides and prepares construction credit professionals with several tools for success. STS handles projects and assists credit professionals in securing corporate receivables to ensure profitability.

Microsoft’s Excel has long dominated business data organization with its efficiency and simplicity. However, with the advent of Microsoft Power BI and Salesforce’s Tableau, data organization has transformed significantly.

The four-day workweek is making waves for its potential to boost productivity and improve work-life balance, but how does it stack up in the world of credit management?