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The Evolving Threat of Fraud in B2B Trade

Credit fraud is one of the fastest-growing challenges for businesses today. 2023 witnessed a rise in various forms of fraud, signaling a pressing challenge for businesses engaged in commerce. This white paper, in partnership with BrightQuery, uncovers how these trends have put credit managers on high alert.

As fraudsters become more creative with their tactics, the potential for larger losses increases. From sophisticated phishing schemes to identity theft and falsification of financial documents, fraudsters are adapting to technological advancements and exploiting vulnerabilities in digital transactions to target businesses.

The battle against fraud demands a commitment to creative fraud prevention strategies. Credible, validated information is the best tool available to credit managers to mitigate the risk of fraud.

All White Papers Below

June 2024

The Evolving Threat of Fraud in B2B Trade

Credit fraud is one of the fastest-growing challenges for businesses today. 2023 witnessed a rise in various forms of fraud, signaling a pressing challenge for businesses engaged in commerce. This white paper, in partnership with BrightQuery, uncovers how these trends have put credit managers on high alert. As fraudsters become more creative with their tactics, the potential for larger losses increases. From sophisticated phishing schemes to identity theft and falsification of financial documents, fraudsters are adapting to technological advancements and exploiting vulnerabilities in dig…
May 2024

Leveraging Proprietary Project Data Through AI: A Future-Forward Guide for Credit Professionals

This white paper, in partnership with Handle, aims to demystify the role of AI and data analytics in credit management for professionals in the field. It seeks to provide a clear understanding of AI’s fundamentals, its applications in credit and finance, and the critical importance of data in powering these technologies.  Our objective is to equip credit professionals with the knowledge to navigate the complexities of AI, leverage its capabilities for their operations, and harness the potential of their data to drive innovation and competitive advantage.
May 2024

2024 B2B Credit Insights: An Evolving Profession

B2B credit management is subject to constant change. With each year comes new tools, trends, and best practices that reshape the trade credit landscape. This white paper, in partnership with Nuvo, uncovers how credit managers are achieving their goals today, how that is different from their approach yesterday, and how they plan to accomplish their jobs in the future. Here we share the modern strategies that credit managers use to complete their core responsibilities and create value for their organizations.
August 2023

The State of Accounts Receivable Automation 2023

The B2B credit landscape is set to evolve, ushering in an era of smarter, more agile and data-informed credit operations. By integrating automated tools, credit departments can better serve their organizations, customers and stakeholders. Download NACM’s latest white paper in partnership with BlackLine, The State of Accounts Receivable Automation 2023, to discover current technology trends and what the future may hold for the credit department. Other key findings include: Most credit departments (82%) have only one to four team members involved in cash application Nearly half o…
July 2023

Unlocking Financial Trust: The Role of Bank References in Establishing Creditworthiness

Credit managers are the professional investigators of the financial world. Just like detectives, they meticulously gather data from various sources, such as credit reports, financial statements, and bank references, piecing together the financial puzzle. Download NACM’s latest white paper in partnership with Thomson Reuters Confirmation, Unlocking Financial Trust: The Role of Bank References in Establishing Creditworthiness, to learn how bank references are imperative in the credit investigation. Other key findings include: 27% of companies lose more than $1M in revenue each year …
April 2023

Don’t Let Change Orders Stand Between You and Getting Paid

On average, 35% of projects experience at least one major change, according to an Independent Project Analysis Group study. Despite being commonplace, they create some of the biggest headaches for subcontractors and material suppliers. Download the NACM Expert Credit Brief, Maximizing Your Leverage When Discussing Change Orders, to learn more about how to put yourself in the best position to avoid conflicts and get paid on time. The white paper powered by NACM Thought Leaders covers: Types of change orders What a change order should contain Common problems regarding change o…
October 2022

Build Your Case for Automation

Business-to-business (B2B) credit professionals are expected to do more with less in today’s world, but automation can bridge the gap. Yet, most credit departments use automation in only 25% or less of their processes, according to an eNews poll. One difference between those departments in the infancy stage of automation and those in the advanced stage is the credit department’s ability to build a solid argument that appeals to upper management. Download the NACM Expert Credit Brief, Build Your Case for Automation, to learn more about the different types of automation and how to per…
June 2022

Keep DSO in Its Place

Measuring days sales outstanding remains a long-standing benchmark for senior management because it measures the number of days it takes to turn sales into cash—despite many credit professionals not being a fan of it. However, there are several ways to measure DSO—some better than others. Download the NACM Expert Credit Brief, Managing DSO, to learn more about the different ways to measure DSO and the pros and cons of each. The white paper powered by NACM Thought Leaders covers: Standard or Average DSO Best Possible DSO True DSO Average Days Delinquent Sales Weighted DSO