Tag: Credit Management

Credit professionals are at an advantage to excel in their profession when they earn their designations through NACM’s six-level Professional Certification Program. “I was fully prepared, fueled by momentum and in the right mindset for both the exam and studying to dive straight into the Certified Business Fellow (CBF),” said Stephanie Poertner, CBF, credit manager at Ferguson Enterprises LLC (Edmond, OK).

🎙️ 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.

Advancing in your career involves a continual pursuit of greater achievements. NACM’s six-level Professional Certification Program for credit professionals is tailor made to educate and sharpen their skills, enabling them to stand out both in their company and their field.

NACM’s Credit Managers’ Index (CMI) fell 0.5 to 53.9 in June. This change in the CMI indicates a continued slowdown in economic activity. “There is no discernible trend in the CMI except that it remains in a low orbit,” said NACM Economist Amy Crews Cutts, Ph.D., CBE.

The credit management industry is facing a critical juncture as an aging workforce approaches retirement, threatening to leave major knowledge gaps.

🎙️On today’s episode of NACM’s Extra Credit podcast… Financial resilience has become a top priority for businesses. 📈Credit managers play a pivotal role in this endeavor, leveraging their expertise to ensure stability and sustainability.

Imagine having unrestricted access to a treasure trove of expertise, insights and cutting-edge industry knowledge right at your fingertips. Unlock a world of knowledge and professional growth for all employees, all-year round with NACM’s Unlimited Webinar Program.

Today, far too many of our workplaces continue to be steaming examples of toxicity. Recent stories of harassment, mismanagement and bullying have become headlines in companies as varied as the Miss Universe Organization and the US Federal Deposit Insurance Corporation. There are a few shining examples of companies with uncompromising work cultures—like Radio Flyer—but there are not enough of them.

Since Colorado first legalized medical cannabis in 1996, more than half of the U.S. has legalized marijuana for recreational use today. But possession and distribution or sale remains illegal under federal law—meaning any money that can be traced back to state cannabis operations could expose banks to significant regulatory risk.