State and Federal Infrastructure Funds Set to Increase This Year

The Bipartisan Infrastructure Deal passed in 2021 provided a multibillion-dollar investment of roughly $1.2 billion into infrastructure and waterways, repair and maintenance backlogs, reductions in emissions and other low-carbon technologies. This deal has greatly impacted the construction industry and economy today.States are expected to increase ...
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Automation: A Credit Manager's Best Friend

🎤 On today's episode of NACM's Extra Credit podcast:Listen to a conversation between Danny Wheeler with BlackLine and NACM's Annacaroline Caruso on how automation can be a credit manager's best friend to:💼 Reduce department turnover 🤝 Connect with customers⏰ Spend less time chasing past-due payments🔥 All points that are especially important during ...
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Member Spotlight: CCE Designation of Excellence

NACM's Designation of Excellence Awards were created to honor designation holders at four distinct levels: the CBA, CBF, CCRA and CCE. Each recipient must have an unrelenting pursuit of excellence through enhanced and improved knowledge. Equally important is the desire to share that knowledge through speaking, teaching or mentoring. Mike Hill, CCE,...
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Protect Your Lien Rights in Texas

Lien rights grant legal authority for contractors, subcontractors and suppliers to file a mechanic's lien against the owner's property or, in the case of a government project, the right to make a bond claim. It is also a security to force payment. But statutory changes like with Texas' recent property code make it harder to protect those lien right...
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Listen: Risk Management Skills for Supplier Vetting

 🎙 Supplier vetting falls under the ever-expanding list of credit department responsibilities. Credit professionals can use their risk management skills on the other side of business to protect their company from faulty suppliers.⭐ On today's episode of the Extra Credit #podcast, hear from Kevin Chandler; Shaun Papperman, CCE, CICP, CCRA; and ...
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Member Spotlight: Credit Executive of Distinction

What makes a credit professional stand out amongst the crowd? One great example is late leader and visionary O. D. Glaus, who embodied vision, energy, commitment and love for the credit profession. He blazed such a trail that NACM honored him by creating the NACM Credit Executive of Distinction, awarded to those who embodied that same spirit as exe...
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Member Spotlight: CCRA Designation of Excellence

​NACM's Professional Certification Program allows credit professionals to earn designations, learn and apply useful knowledge to help enhance their careers. In some instances, the certification program leads credit professionals to come back and earn even more.Seeking an NACM designation is valuable at any point in your career, said Jayce Alfonzo, ...
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Clean Data: What It Is and Why It Matters

 🎤 On today's episode of the Extra Credit podcast ... hear from Penny Jeter, CBF; Darrell Horton; and JoAnn Malz as they discuss the importance of clean data in the credit industry.
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Member Spotlight: Emerging Leader

There are specific qualities that come to mind when it comes to leadership. Vision. Confidence. Strength. Independence. Ownership. But what makes one a leader? And what makes them memorable? That is why NACM created the Emerging Leader Award. The Emerging Leader Award is awarded to those with vision, strength of purpose, intellect, energy, ethics, ...
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Member Spotlight: CBF Designation of Excellence

NACM's Professional Certification Program provides the necessary tools for credit professionals to build their careers. It takes dedication, patience and persistence to learn and earn those credentials and many credit professionals are able to apply the knowledge they have gained into their daily lives."I love the credit profession," said Yazmin Ye...
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Credit Is Tightening Due to Banking Crisis, CMI Shows

 🎙 NACM's Credit Managers' Index (CMI) revealed credit application approvals dropped in April even as applications for new credit increased. The factor of rejections of credit applications fell 2.7 points into contraction territory at 49.7—its lowest level since July 2009 during the Great Recession. The flow of credit is being crunched by fina...
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NACM Member Spotlight: Driving Results

NACM's motto throughout the years has been driving results. It's what B2B credit is all about. One of the ways we do that is by giving our members the chance to educate themselves and earn respective designations. A designation we offer that drives amazing results is the Credit Business Fellow (CBF) designation.The CBF designation is an academic, p...
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CMI Indicates Credit Crunch Amid Banking Crisis

 NACM's Credit Manager's Index for April reveals some worrying trends. Rejections of new credit applications plummeted into contraction territory, indicating tightening credit conditions.Read what NACM Economist Amy Crews Cutts wrote in a blog for Macrobond Financial about the #CMI. Sign up to receive monthly CMI survey participation aler...
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Reasons to NOT Miss Credit Congress This Year

🚨 In-person networking, relevant educational sessions and maintaining certifications are just three of the many reasons credit professionals gave to attending NACM's 127 Annual Credit Congress this year.🎙 Hear why credit professionals of all different backgrounds say they are excited for June 11-14.⭐ Sheila Willis; Phil McCraw; Josh Gorman, SHRM-CP...
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NACM Member Spotlight: Certified International Credit Professional

More and more credit professionals are based in or working with customers overseas. In order to keep up with the pace, credit professionals must expand their knowledge of international trade. Wesley Belleville, CCE, CICP, director of credit at Helena Agri-Enterprises, LLC (Collierville, TN) earned his CICP (Certified International Credit Profession...
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NACM Member Spotlight: Designations Create Opportunities

NACM's Professional Certificate Program creates countless opportunities for credit professionals who seek growth in their careers. For example, if you apply to a managerial or supervisory position, companies want to know if you have the experience to back up the qualities needed to stand out. A candidate who has an NACM designation may be more like...
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Top Challenges Facing Credit Professionals Today

⬆ Increasing past dues have been the number one challenge for credit professionals in the last year, according to a recent eNews poll.🎙 Hear from Craig Pluff and Brad Hamman, CBA in today's episode of Extra Credit as they talk about how to tackle the challenges they face. 
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NACM Member Spotlight: Learning About Global Credit

More and more credit professionals are based in or working with customers overseas. In order to keep up with the pace, credit professionals must expand their knowledge of international trade. Scott Woitas, CBF, CICP, credit manager at Donaldson Company, Inc. (Minneapolis, MN) did just that by earning his CICP designation just last week. "...
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NACM Member Spotlight: Designations Fine Tune Your Credit Skills

Credit professionals who have been in the industry for several years have lots of knowledge and expertise in their career. But it's never too late to learn something new—or fine tune those skills you use on a daily basis. Just like a car, even the most reliable tires need to be rotated after a while to keep the machine rolling. "When I got recruite...
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AI is Changing the Future of Finance

 🤖 Artificial intelligence is revolutionizing the way credit professionals make business decisions and assess the creditworthiness of customers. Listen to experts talk about how AI is changing the future of finance.🎙 On today's episode of NACM's Extra Credit podcast, hear from Chris Arrington, Yazmin Yepez and Martin Zorn! 
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