Tag: Education

Every journey to success begins with education. Whether you aspire to secure a significant promotion, a raise or greater respect in the credit industry, it’s crucial to demonstrate your dedication to your profession. NACM’s Professional Certification Program is a way for credit managers to elevate their careers and showcase their expertise. An independent study of NACM members revealed those who hold certifications average 6% higher salaries than those who do not, and many credit managers hold more than one certification.

Combining business with opportunities for fun, relaxation or adventure is a popular trend on the rise in the travel business world—also known as “bleisure,” or the mix of business and leisure. Work life and personal life usually have a clear separation, but the traditional views of business travel are starting to change. Attending business meetings by day and unwinding at a beachfront or exploring the local area by night offers professionals several advantages of productivity.

Key performance indicators (KPIs) are a set of quantifiable measurements used to gauge a company’s overall long-term performance. KPIs help determine a company’s strategic, financial and operational achievements, especially compared to those of other businesses within the same sector. With the various forms of KPIs available, companies can improve their performance and meet long-term goals. A wide range of formulas exist to measure the ever-expanding list of tasks that fall under the responsibility of credit departments.