Tag: Credit Management

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.

🎙️ On today’s episode of NACM’s Extra Credit podcast … Job satisfaction is the key driver of positive results. If an employee likes their job and all it has to offer them, they will stay loyal to the company.

Credit professionals in the B2B industry have a wide range of responsibilities in their role. Whether you are a credit analyst, credit manager, risk analyst, or any synonymous title to those listed—there are a few aspects that all professionals in credit have in common: assessing creditworthiness, mitigating risk and optimizing company sales.

In every industry, exceptional leaders offer direction, inspiration and guidance, serving as the cornerstone of organizational progress and growth. But leadership goes beyond leading from the front—it amplifies new voices, fresh perspectives and untapped potential.