Tag: Blog

On today’s episode of Extra Credit…Year-end slowed or delayed payments have become common practice for businesses. Mastering strategies to handle these slow payers will keep cash flowing and risk at bay as you close out the year. Here’s your survival guide to tackling year-end collections so you can ward off any cash flow scares.

One of the most important yet sometimes scary aspects of B2B credit management is business and credit law. Petrifying scenarios, like major clients filing for bankruptcy, can leave even the most seasoned credit professionals frozen in terror. By earning the Certified Business Fellow (CBF) designation through NACM’s six-level Professional Certification Program, credit professionals can stand fearless in the face of business and credit law. 

Balancing continued education, work and family can be a challenge, whether you have to pay extra attention to your schedule or spend a couple of late nights studying. But the balancing act will feel worthwhile when you earn your designation, a mark of your continued efforts to learn more about the credit industry and your dedication to advancing your career.  

“I want to show that I am dedicated to my job and that I have plans to continue developing and growing as a professional in the credit industry,” said Cristal Gonzalez, CBF, credit analyst at Mueller, Inc. (Ballinger, TX).

For those new to the B2B credit industry, earning one of NACM’s professional designations can be a big step. For Rachel Homer, credit assistant at Hajoca Corporation (Salt Lake City, UT), earning her Credit Business Associate designation helped her transition into the credit profession.  

🎙️On today’s episode of Extra Credit…When you’re at work, it feels like there is nothing scarier than getting called into the boss’s office. Whether it’s a performance review or notes on a recent project, getting feedback can be tough. For many supervisors, it’s just as hard to give this feedback as it is for employees to receive.

Christine Billings, CCE, CCRA, assistant credit manager at Helena Agri-Enterprises, LLC (Collierville, TN), said that earning the Certified Credit Executive (CCE) designation was a personal goal of hers for the past two years. “It demonstrates to myself and my company that I am committed to becoming as well versed as possible in the credit industry,” she said.  

Jeff Weber, CICP, director of credit at Uline (Pleasant Prairie, WI), recently earned his Certified International Credit Professional (CICP) designation to keep up with his company’s growing international presence. “I pursued this because understanding international operations would enable me to make informed recommendations to executive management.” 

🎙️On today’s episode of Extra Credit…The credit department aims to maximize safe sales, requiring tough decisions. Denying credit is a last resort but sometimes essential.