As many of you have seen throughout our Member Spotlight blog series, earning a designation through NACM's Professional Certification Program can advance your career in credit in various ways. Not only does it increase your knowledge and establish credibility, but it increases your confidence as a credit leader. For Suzanne Jorissen, CBA, CCRA, are...

From certifications to networking and information gathering, NACM's Credit Congress remains a valuable resource to the credit industry. Now, merely a month later, many credit professionals are still reaping the benefits."My company is an advocate for NACM and encouraged me to attend conferences due to my interest in learning," said Martha Mays, cre...

​Credit management can be described as both an art and a science. The art side of credit is earned through experience with skills in communication, problem solving, negotiation and that gut feeling when assessing creditworthiness. The science side of credit is based on technical skills earned through educational programs and on-the-job training."Wi...

It's hard to believe that one month has already passed since NACM's 127th Credit Congress! Roughly 150 out of 830 Credit Congress attendees experienced the event for their very first time. Laura Luotonen, regional credit manager at Orgill, Inc. (Collierville, TN), a first-time attendee at this year's Credit Congress, is one year into her new job an...

Earning a designation is not only a great accomplishment that sets you apart, but it shows how dedicated you are in your career. And depending on the designation you earn, you can become an asset and help advance your company. The NACM Professional Certification Program has a variety of designations that credit professionals can earn in order advan...

The Credit Business Associate (CBA) is an academic-based designation which entails the mastery of three business credit related disciplines: basic financial accounting, business credit principles and introductory financial statement analysis.Bridget Bacle, CBA, senior customer outreach specialist at Ewing Irrigation & Landscape Supply (Phoenix,...

NACM's Professional Certification Program helps credit professionals advance in their career through the earning of a designation. It is through this certification program that credit professionals can become well-rounded with a variety of skills and make a positive impact in their company.Jennifer Goetz, CCE, finance manager, customer receivables ...

When it comes to the credit profession, there's more than meets the eye. You're working with the credit team, senior management, sales, vendors, suppliers, customers and other departments in order to maximize profit and minimize risk. But that can get overwhelming without the proper preparation and training. That's where NACM's Professional Certifi...

NACM's Designation of Excellence Awards were created to honor designation holders at four distinct levels: the CBA, CBF, CCRA and CCE. Each recipient must have an unrelenting pursuit of excellence through enhanced and improved knowledge. Equally important is the desire to share that knowledge through speaking, teaching or mentoring. Mike Hill, CCE,...

What makes a credit professional stand out amongst the crowd? One great example is late leader and visionary O. D. Glaus, who embodied vision, energy, commitment and love for the credit profession. He blazed such a trail that NACM honored him by creating the NACM Credit Executive of Distinction, awarded to those who embodied that same spirit as exe...

There are specific qualities that come to mind when it comes to leadership. Vision. Confidence. Strength. Independence. Ownership. But what makes one a leader? And what makes them memorable? That is why NACM created the Emerging Leader Award. The Emerging Leader Award is awarded to those with vision, strength of purpose, intellect, energy, ethics, ...

NACM's motto throughout the years has been driving results. It's what B2B credit is all about. One of the ways we do that is by giving our members the chance to educate themselves and earn respective designations. A designation we offer that drives amazing results is the Credit Business Fellow (CBF) designation.The CBF designation is an academic, p...

More and more credit professionals are based in or working with customers overseas. In order to keep up with the pace, credit professionals must expand their knowledge of international trade. Wesley Belleville, CCE, CICP, director of credit at Helena Agri-Enterprises, LLC (Collierville, TN) earned his CICP (Certified International Credit Profession...

More and more credit professionals are based in or working with customers overseas. In order to keep up with the pace, credit professionals must expand their knowledge of international trade. Scott Woitas, CBF, CICP, credit manager at Donaldson Company, Inc. (Minneapolis, MN) did just that by earning his CICP designation just last week. "...

This is my last week of FCIB's International & Credit Risk Management (ICRM) course. Not only am I working on finishing the last chapter of the course (Compliance and Legal), but I'm also expected to complete the course evaluation before starting the final exam.In preparation for the exam, I've attended the final review session, studied the pre...

As I wrap up module 10 for FCIB's International Credit Risk & Management (ICRM) course, I'm amazed at how far I've come starting with limited knowledge of international credit. From learning about the three extra C's of credit (country, culture and currency), establishing credit lines in payment terms and letters of credit, I still can't believ...

This week has been the busiest and most insightful so far for me at NACM. Not only am I working on the ninth module of FCIB's International Credit Risk & Management (ICRM) course, but I just completed my first Graduate School of Credit & Financial Management (GSCFM) course through NACM.The two-day course covered ​Advanced Negotiations​ with...

I'm still in the process of finishing module 8 of FCIB's International & Credit Risk Management (ICRM) course. As I mentioned in my last post, this module covers letters of credit, guarantees and bonds. I just answered one of the discussion post questions, "Your customer in Ethiopia has just placed a large order and has offered payment through ...

I'm back again with insights on FCIB's International Credit & Risk Management (ICRM) course. I just wrapped up module 7 on global payment mechanisms and started module 8 on letters of credit, guarantees and bonds.I learned that letters of credit (LCs) are one of the most versatile and secure payment instruments to use in international sales. Th...

💰 Chapter 11 bankruptcy filings increased 70% year-over-year and Subchapter V filings are up 49%. With post-pandemic era financial aid no longer available, its time to leverage every possible risk mitigation tool both before and after a bankruptcy filing.🎙We've brought in some of the best experts for this week's episode of NACM's #ExtraCredit podca...