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Tag: Best Practices

Jul 12, 2024
Blog

Understanding antitrust: A guide for credit managers

🎙️ On today’s episode of NACM’s Extra Credit podcast … As a new credit manager, understanding antitrust laws is key for safeguarding your company’s interests and ensuring compliance. These laws are designed to promote fair competition and prevent practices that can harm other businesses.
Jul 10, 2024
eNews

Overcoming imposter syndrome in credit management

Imposter syndrome is a psychological phenomenon that causes high-achieving individuals to doubt their own skills, ability, intellect or accomplishments. Though it may seem arbitrary for career-oriented, high-performing professionals to question their own abilities, self-doubt doesn’t discriminate.
Jun 27, 2024
eNews

The truth about multitasking

In today’s fast-paced business world, multitasking has become a key skill for professionals across industries. Multitasking is the ability to perform multiple tasks at the same time. It can sometimes look like juggling meetings or handling various projects both big and small.
Jun 13, 2024
eNews

Supply chain compliance essentials

Supply chain compliance is vital for businesses to maintain ethical standards, mitigate risks and uphold reputation contributing to long-term success and resilience in a globalized economy. Why it matters: To avoid security, financial or other risks from vendors, credit professionals must adopt best practices in supply chain compliance.
Jun 6, 2024
enews

Strategies for managing customer conflict

De-escalating customer conflicts is a routine part of the job for trade credit managers. Why it matters: Understanding and effectively managing customer conflict is vital because it directly influences a business’s financial well-being, reputation, and overall trajectory.
May 7, 2024
Blog Post

Member Spotlight: Sharpening Skills for Success

NACM’s Professional Certification Program is geared toward all credit professionals—no matter where they are in their career. Whether just learning the ropes or a seasoned credit manager, refreshing your mind is always an option.
May 2, 2024
eNews

Tackle difficult conversations with confidence

Credit managers have difficult conversations every day—whether that’s collection calls with customers, disagreements with sales or reporting to senior management. Why it matters: While most of us would prefer to sidestep conflict, for dynamic leaders in the workplace, this isn’t an option.