Tag: Education

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 annual Credit Congress & Expo is renowned for its innovation, support for career advancement, relevant educational sessions and unparalleled networking opportunities. This year was no different.

Peter Drucker, ‘the father of management,’ famously said, “The most important thing in communication is hearing what isn’t said.” Feedback remains essential to continuous improvement and competitiveness. However, current feedback systems are broken and disliked by both managers and employees. They focus on the past, feel reproachful and often lack problem-solving opportunities.

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.

Outstanding leaders provide guidance, motivation and direction, acting as the bedrock of organizational advancement and expansion. NACM strives to find emerging credit leaders capable of reshaping and advancing their organizations and the credit industry as a whole.

Outsourcing is a common business practice among companies that use external providers to complete business processes and tasks. Outsourcing became a recognized business strategy in the 1990s as companies shifted the responsibility of some in-house processes to outside firms. Some companies use a shared services model, staffed by their employees, where like business functions are consolidated into a single unit that operates as its own entity to deliver services to the entire organization.

Whether it’s about the latest technology or providing a thorough understanding of their terms and conditions, credit professionals are always striving to keep their customers well-informed and educated. Why it matters: Counseling or educating your customers not only shows that you value them, but it enhances trust, business performance and professional reputation.