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Jun 13, 2024
eNews
It’s still too early to reliably say what is going to happen in November; virtually every outcome is within reach for both parties. But we can look at a few of the more likely outcomes and start to evaluate what that might mean for businesses, trade, and other credit issues in 2025.

Jun 13, 2024
eNews
Supply chain compliance is vital for businesses to maintain ethical standards, mitigate risks and uphold reputation contributing to long-term success and resilience in a globalized economy. Why it matters: To avoid security, financial or other risks from vendors, credit professionals must adopt best practices in supply chain compliance.

Jun 13, 2024
Enews
It’s still too early to reliably say what is going to happen in November; virtually every outcome is within reach for both parties. But we can look at a few of the more likely outcomes and start to evaluate what that might mean for businesses, trade, and other credit issues in 2025.

Jun 13, 2024
eNews
Building your personal brand is an important skill to acquire as a professional. Whether it is through networking in person with colleagues or speaking at a panel event—the way you present yourself leaves a lasting impression on those around you. But a more permanent way to build your brand can be done through social media.

Jun 13, 2024
enews
The 128th Annual Credit Congress & Expo, hosted by the National Association of Credit Management, recently concluded, marking another successful gathering of industry professionals from around the globe. Held in the vibrant city of Las Vegas, this year’s conference brought together over 1,300 credit and finance professionals for four days of intensive learning, networking and innovation.

Jun 6, 2024
enews
Since Colorado first legalized medical cannabis in 1996, more than half of the U.S. has legalized marijuana for recreational use today. But possession and distribution or sale remains illegal under federal law—meaning any money that can be traced back to state cannabis operations could expose banks to significant regulatory risk. Why it matters: Understanding the implications of liability is key for everyone in states where marijuana is legalized and for those conducting business with companies in these states. For credit professionals, there are many questions regarding how or if you sh…

Jun 6, 2024
enews
De-escalating customer conflicts is a routine part of the job for trade credit managers. Why it matters: Understanding and effectively managing customer conflict is vital because it directly influences a business’s financial well-being, reputation, and overall trajectory. To address this challenge, we have compiled a list of proven strategies that credit professionals employ to effectively manage and de-escalate even the most difficult customer scenarios. #1 Say less, listen more By listening to your customer, you promote expression and understanding, speeding up the journey to …

Jun 6, 2024
enews
AI is a rapidly evolving technology that has the potential to greatly benefit various industries and professionals. However, this article aims to clarify several common misconceptions about the use of AI in B2B credit and related industries. #1 “AI will replace my job.” This misconception stems from the widespread fear that AI will replace human jobs, rendering many roles obsolete and leading to significant unemployment. However, this is not the case, as history has shown that innovation such as the move from desktop solutions to client servers or the introduction of Business Process Au…