Member Spotlight: Credit Congress as a First-Timer

It's hard to believe that one month has already passed since NACM's 127th Credit Congress! Roughly 150 out of 830 Credit Congress attendees experienced the event for their very first time. Laura Luotonen, regional credit manager at Orgill, Inc. (Collierville, TN), a first-time attendee at this year's Credit Congress, is one year into her new job an...
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Member Spotlight: Credentials Build Confidence

​Credentials earned through NACM's Professional Certification Program are known for building confidence and creating opportunities that credit professionals require to succeed in the industry.Hiring managers want to know they are hiring the top candidates within the credit profession—and designations can help one candidate stand apart from ano...
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Making Credit Decisions Is a Team Effort

The latest episode of Extra Credit is available for listening! The best credit decisions are made in a team environment and several different departments can provide input. A recent eNews poll revealed 97% of credit teams involve upper management in credit decisions, along with the sales team (26%), treasury (9%) and customer service (3%).&nbs...
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Building a Culture of Trust in the Workplace

 ☀ We made it to Friday! Spend your morning catching up on the latest episode of Extra Credit!🎙 This week we talked with Mike Hill, CCE; Amy Cook CCE; and Jennifer Seurer CCE, CICP about building a culture of trust in the workplace.
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Member Spotlight: Dedication Through Designations

Earning a designation is not only a great accomplishment that sets you apart, but it shows how dedicated you are in your career. And depending on the designation you earn, you can become an asset and help advance your company. The NACM Professional Certification Program has a variety of designations that credit professionals can earn in order advan...
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Member Spotlight: Designations, Drive and Determination

NACM's Professional Certification Program provides an opportunity for credit professionals to show they are serious about their career. NACM members armed with our prestigious designations enjoy an average income boost of $10,000 annually, outshining their counterparts without designations."Completing my CBA was a profound moment in both my profess...
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Listen: Leaders Want Increased Visibility of Accounts Receivable

According to a PWC working capital study, 98% of interviewed CEO's admitted they could be more confident about the visibility they have over cash flow. Learn how the credit department can create more visibility around AR with the help of automation. Listen to the latest episode of Extra Credit here.This episode is brought to you by BlackLine. Compl...
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NACM and the Birth of Credit Management: Celebrating 127 Years

Happy birthday NACM!On June 23, 1896, the credit profession as we know it today was born. America's credit managers heard O.G. McMechen's call to create a national association for business credit management, resulting in the formation of the National Association of Credit Men, which would eventually grow to become the National Association of Credit...
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Member Spotlight: Steps to Earn a CBA Designation

The Credit Business Associate (CBA) is an academic-based designation which entails the mastery of three business credit related disciplines: basic financial accounting, business credit principles and introductory financial statement analysis.Bridget Bacle, CBA, senior customer outreach specialist at Ewing Irrigation & Landscape Supply (Phoenix,...
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Angela Dixon, CBF, CCRA
Wonderful story. Similar to mine. I wish Bridget all the best.
Thursday, 22 June 2023 13:33
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Listen: Voices of Credit Congress

On this special episode of Extra Credit, we take you to the Expo floor at Credit Congress in Grapevine, TX to hear how NACM has positively impacted the careers of several different credit professionals.
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Bankruptcies Are Rising, What Is Your Strategy?

 Listen to the latest episode of NACM's Extra Credit podcast to learn how automation can help credit departments navigate the spike in bankruptcies. 🎙️ With the pandemic free-money era officially coming to an end, many businesses on the margin are starting to struggle. As a result, corporate bankruptcies are on the rise. Commercial C...
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Member Spotlight: Make an Impact with Designations

NACM's Professional Certification Program helps credit professionals advance in their career through the earning of a designation. It is through this certification program that credit professionals can become well-rounded with a variety of skills and make a positive impact in their company.Jennifer Goetz, CCE, finance manager, customer receivables ...
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US Economy Under Significant Pressure, CMI Shows

📉 NACM's Credit Managers' Index (CMI) slipped 1.6 points in May to 52.2—nearly erasing three months of improvement. This indicates the economy could collapse under the mounting pressure of lingering debt ceiling issues, interest rate hikes and continued stress in the banking sector, said NACM Economist Amy Crews Cutts.🎙 Hear more on today's episode...
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Member Spotlight: Designations Open Doors for Opportunities

NACM's Professional Certification Program provides educational opportunities to help credit professionals reach all different goals. Not only will credit professionals seek education to learn new information but many times, credit professionals will seek designations that fine-tune their current skills. "Getting support from my boss and husband has...
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Member Spotlight: The CCRA Path to Success

When it comes to the credit profession, there's more than meets the eye. You're working with the credit team, senior management, sales, vendors, suppliers, customers and other departments in order to maximize profit and minimize risk. But that can get overwhelming without the proper preparation and training. That's where NACM's Professional Certifi...
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Member Spotlight: Why Earn Your CBA?

​NACM's Professional Certification Program gives credit professionals the tools they need to excel in their careers. Not only can credit professionals earn a designation, but those who go above and beyond are recognized for their dedication."Deciding to earn my CBA was a great step in learning more about the credit world and brought more depth to m...
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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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