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...
Continue reading
  1067 Hits
  0 Comments
Tags:
1067 Hits
0 Comments

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...
Continue reading
  711 Hits
  0 Comments
Tags:
711 Hits
0 Comments

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,...
Continue reading
  1151 Hits
  1 Comment
Tags:
Recent comment in this post
Angela Dixon, CBF,CCRA
Wonderful story. Similar to mine. I wish Bridget all the best.
Thursday, 22 June 2023 13:33
1151 Hits
1 Comment

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.
  1069 Hits
  0 Comments
Tags:
1069 Hits
0 Comments

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...
Continue reading
  860 Hits
  0 Comments
Tags:
860 Hits
0 Comments

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 ...
Continue reading
  1014 Hits
  0 Comments
Tags:
1014 Hits
0 Comments

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...
Continue reading
  1099 Hits
  0 Comments
Tags:
1099 Hits
0 Comments

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...
Continue reading
  1058 Hits
  0 Comments
Tags:
1058 Hits
0 Comments

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...
Continue reading
  1039 Hits
  0 Comments
Tags:
1039 Hits
0 Comments

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...
Continue reading
  1132 Hits
  0 Comments
Tags:
1132 Hits
0 Comments

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 ...
Continue reading
  901 Hits
  0 Comments
Tags:
901 Hits
0 Comments

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 ...
Continue reading
  1095 Hits
  0 Comments
Tags:
1095 Hits
0 Comments

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,...
Continue reading
  899 Hits
  0 Comments
Tags:
899 Hits
0 Comments

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...
Continue reading
  958 Hits
  0 Comments
Tags:
958 Hits
0 Comments

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 ...
Continue reading
  1015 Hits
  0 Comments
Tags:
1015 Hits
0 Comments

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...
Continue reading
  920 Hits
  0 Comments
Tags:
920 Hits
0 Comments

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, ...
Continue reading
  2833 Hits
  0 Comments
Tags:
2833 Hits
0 Comments

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.
  898 Hits
  0 Comments
Tags:
898 Hits
0 Comments

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, ...
Continue reading
  980 Hits
  0 Comments
Tags:
980 Hits
0 Comments

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...
Continue reading
  1038 Hits
  0 Comments
Tags:
1038 Hits
0 Comments