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Tag: Best Practices

Sep 26, 2024
eNews

Letters of credit face new challenges

Letters of Credit (LCs) are one of the most versatile and secure payment instruments used in international sales. However, securing an LC is becoming increasingly challenging in today’s global business environment. Credit professionals seeking letters of credit must now invest more time and resources in ensuring they meet evolving criteria.
Sep 26, 2024
eNews

Inheriting challenging customers

Whether you’ve started a new position, or your company has recently merged with another, you might have a hard time managing customers you inherit from previous credit managers. Regardless of how you’ve gained these customers, there are several problems that might arise.
Sep 26, 2024
eNews

Controlling email overload for credit managers

As a credit manager, you’re no stranger to a thoroughly filled email inbox. Whether it’s an email from customers, team members or new credit applications, it can be hard to stay on top of all of it and even harder to keep it organized.
Sep 19, 2024
eNews

Emails, texts and AI: How modern credit managers connect with customers

Communication methods for B2B credit managers have evolved significantly over the years. Traditionally reliant on face-to-face meetings and postal correspondence, credit managers now benefit from a range of digital tools such as email and online portals and text messages.
Sep 11, 2024
eNews

Navigate lien laws with confidence 

NACM’s Secured Transaction Services (STS) provides and prepares construction credit professionals with several tools for success. STS handles projects and assists credit professionals in securing corporate receivables to ensure profitability.
Sep 11, 2024
eNews

Excel vs. Power BI vs. Tableau: Which tool is right for you?

Microsoft’s Excel has long dominated business data organization with its efficiency and simplicity. However, with the advent of Microsoft Power BI and Salesforce’s Tableau, data organization has transformed significantly.