Subchapter V Bankruptcy Becoming More Common

 🎙️ On today's episode of NACM's Extra Credit podcast:⚖️ Subchapter V small business bankruptcies are up 43% year-over-year in August, the 13th consecutive month of increase. This upward trend is likely to continue through the rest of the year and beyond.
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Member Spotlight: Influence and Inspire with Certifications

​The role of a credit manager goes far beyond credit and collections. Credit professionals are not only versed on the technical side of credit, such as financial statement analysis, but versed on the soft side of credit, such as negotiation and relationship building. But one of the other skills credit professionals have is the ability to grow and i...
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Member Spotlight: First Impressions Matter for First Timers

 At NACM's 127th Credit Congress, several attendees had the opportunity to network and experience a wide variety of educational sessions that applied to industries across the board—including construction, global trade and services.Most attendees at Credit Congress are regulars who come every year. However, this year, roughly 142 first-time att...
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The September CMI Survey is Now Open!

 🔮 Credit managers have a special skill that no other professional has—the ability to predict the future. But it's not based on magic. Credit professionals are inherently forward-looking, as they are always concerned with the chances of getting paid in the future. 🧠 It is up to you to share that knowledge! You can do so by participating in NAC...
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Onboarding Is a Strategy, Not a Formality

👩‍💻 Onboarding new employees isn't just about completing paperwork and handing out company policies; it's about setting the stage for success and nurturing a sense of belonging.🎙️ Hear from Chris Myers, Chris Kyriakopoulos and Leslie Harrison on today's episode of Extra Credit!
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Voice of Influence: Why You Should Embrace the Speaker's Platform

The power of effective communication cannot be overstated. Individuals who possess the skills to not only articulate their ideas but also become subject matter experts who stand out among others in their industry.By submitting a speaking proposal for NACM's 2024 Credit Congress & Expo in Las Vegas, NV, credit professionals can position themselv...
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Member Spotlight: Don’t Be Afraid of a Challenge

One of the most valuable characteristics a professional can possess is curiosity—both to learn new skills and about the world around them. In the ever-changing B2B credit industry, you must adapt and stay ahead of the newest trends. NACM's Professional Certification Program gives credit professionals opportunities to go beyond the basic levels of c...
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Emerging Credit Leaders Will Shape the Future of Business

🎙️ For this week's episode of Extra Credit, we invited five emerging credit leaders to share their experiences, lessons learned and plans for the future!⭐ Hear from Brittany Yvon, CICP CBA; Kara Eppard; Christopher Finley, CICP; Jill Burns; and Yazmin Yepez! Unlock your leadership potential by joining NACM's new Emerging Leaders Thought Discus...
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Member Spotlight: Make Your Mark with Education

​Credit professionals must continuously stay informed and increase their credit knowledge to advance in their career—after all, knowledge is power. By attending NACM's Graduate School of Credit and Financial Management (GSCFM), a hybrid program that covers four essential business and professional growth disciplines: Advanced Financial Statement Ana...
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Adverse Action Notices

​For those only selling B2B, if you run a personal credit report on a business owner, and decline to provide open terms, are you sending out Adverse Action Notices?
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Member Spotlight: Determination, Drive and Designations

What better way to advance your professional skills and education in credit than to earn a designation? Designations are not just three letters at the end of your name. They show the dedication, time and commitment you put in to enhance your career. NACM's Professional Certification Program not only gives credit professionals the opportunity to lea...
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How to Speak the Language of Sales

It might feel like the credit and sales teams are speaking two completely different languages. But by putting the company's goals and objectives first, both departments can become an unstoppable force in driving positive business results.Learn more about the credit and sales relationship on today's episode of the Extra Credit podcast! 
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Member Spotlight: Stay One Step Ahead with a CCE

The credit industry is constantly evolving. Credit professionals can remain on the cutting edge by earning a designation through NACM's Professional Certification Program. Through the various designations, credit professionals are guaranteed to learn more skills and gain knowledge in credit management that will keep them one step ahead.Harinder Vir...
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Member Spotlight: Connections and Credentials

After NACM's 127th Credit Congress, many attendees reflected on their experience and the ample amount of opportunity to meet new faces and stay up to date with B2B credit industry trends.With several educational sessions covering a variety of topics, How Does Culture Impact Your Global Collections and Building and Construction Executive Exchange we...
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What Credit Professionals Can Learn from Social Media Influencers

 In the modern-day world of social media platforms, influencers have become some of the most prominent figures within the marketing and advertising industries. It may be difficult to think that there are any similarities between social media influencers and credit professionals, but some influencer characteristics are key to becoming a leader ...
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Member Spotlight: Advance Your Career with Designations

From day one, credit professionals are constantly improving their skills and expanding their knowledge in the B2B credit industry. But on-the-job learning can only take them so far. By earning designations through NACM's Professional Certification Program, credit professionals have the chance to stand out from others and perfect their skills.Kelly ...
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Member Spotlight: New Faces in Networking

NACM's annual Credit Congress brings hundreds of credit professionals together where they can learn new skills, refresh existing skills and stay informed on the most recent changes within the credit industry. Attendees also get the opportunity to network, hear from trade credit experts and learn information across a wide variety of topics.This past...
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Customers Are Struggling to Pay, July CMI Shows

 📉 NACM's Credit Managers' Index fell 2.6 points in July to 52.4, nearly erasing the jump seen in June. NACM Economist Amy Crews Cutts says the decline can be linked to major drops in three factors—sales, dollar collections and dollar amount beyond terms.Hear more on today's episode of Extra Credit!
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Member Spotlight: CCRA Crafts Confidence

As many of you have seen throughout our Member Spotlight blog series, earning a designation through NACM's Professional Certification Program can advance your career in credit in various ways. Not only does it increase your knowledge and establish credibility, but it increases your confidence as a credit leader. For Suzanne Jorissen, CBA, CCRA, are...
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Member Spotlight: Designations Spark Passion

​After dedicating several years in the same career or industry, it can be easy to fall into complacency with the information you have learned over time. NACM's Professional Certification Program provides credit professionals with the tools they need to expand their knowledge and skillsets and caters to those who have a passion for learning somethin...
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