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Jan 16, 2025
eNews
Credit professionals across industries have a lot in common, from their deftness with numbers to their careful evaluations of risk factors. One shared frustration among credit managers is an unresponsive customer, whether it’s a customer who has suddenly gone radio silent or one you’ve spent weeks trying to get in touch with, only to be met with a voicemail.

Jan 16, 2025
eNews
No matter how far along you are in your career, you can’t avoid the inevitable—a poorly-run meeting. Whether it’s a matter of not having a set agenda or lacking a clear end time, meetings without direction are purposeless.

Jan 9, 2025
eNews
Taking on an international account can be intimidating, especially if you’ve never encountered global international statements before. To best mitigate risk and build a strong relationship with your foreign customers, it is important to understand how and why their financial statements might look a bit different.

Jan 9, 2025
eNews
Congress came back to Washington on Jan. 3 to officially swear-in Members for the 2025-26 cycle. This was also President Trump and Speaker Johnson’s first real test of their razor-thin majority–could Republicans avoid another debacle in their efforts to elect the next Speaker of the House? The answer was a tepid ‘yes’. Speaker Johnson was on track to lose the first ballot, with six Republican holdouts when he could only afford one. However, votes on the House floor can be kept open for an indefinite amount of time as long as the House remains in session. So that’s what they did. After the i…

Jan 2, 2025
eNews
Armed with the knowledge and experience gained through nearly two decades in the B2B credit industry, Roxanne Price, CCE, CCRA, corporate credit manager at H&E Rentals (Baton Rouge, LA), is prepared to lead NACM into the future with respect to the industry’s age-old principles.

Jan 2, 2025
eNews
NACM’s Credit Managers’ Index (CMI) fell 1.2 points to 54.1 in December. Coming off the 26-month high set last month, the weaker reading is driven by a large drop in sales revenue and dollars collected on due and past-due invoices.

Jan 2, 2025
eNews
Most credit tasks, from reviewing accounts to managing collections to handling disputes, are inherently time-consuming due to their complexity. These tasks require a keen eye for detail, often involving manual processes, multiple data points and regular follow-ups, all of which can drain resources and slow down overall efficiency.