The Corporate Bankruptcy Wave Is Just Beginning

 🎤 Check out today's episode of the Extra Credit podcast! It's all the latest commercial bankruptcy trends.👂 Hear from Jeff Gregory, CCE; Mike Papandrea; and Jason Torf!
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Member Spotlight: Designations Provoke New Perspectives in Credit

​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...
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Member Spotlight: My First Credit Congress

NACM's 127th Credit Congress provided an opportunity for credit professionals to experience educational sessions, networking and fun! Several attendees were present as first-timers this year in Grapevine, TX."Credit congress really exceeded my expectations," said Araceli Magana, CBA, credit analyst at Joseph T Ryerson & Son, Inc. (Vernon, CA). ...
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Is a Soft Landing in Sight?

​✈ Is a soft landing in sight? NACM Economist Amy Crews Cutts thinks yes!🎙 Find out why on today's episode of the Extra Credit podcast! 
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Member Spotlight: Credit Congress as a First-Timer

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...
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Member Spotlight: Credentials Build Confidence

​Credentials earned through NACM's Professional Certification Program are known for building confidence and creating opportunities that credit professionals require to succeed in the industry.Hiring managers want to know they are hiring the top candidates within the credit profession—and designations can help one candidate stand apart from ano...
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Making Credit Decisions Is a Team Effort

The latest episode of Extra Credit is available for listening! The best credit decisions are made in a team environment and several different departments can provide input. A recent eNews poll revealed 97% of credit teams involve upper management in credit decisions, along with the sales team (26%), treasury (9%) and customer service (3%).&nbs...
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Building a Culture of Trust in the Workplace

 ☀ We made it to Friday! Spend your morning catching up on the latest episode of Extra Credit!🎙 This week we talked with Mike Hill, CCE; Amy Cook CCE; and Jennifer Seurer CCE, CICP about building a culture of trust in the workplace.
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Member Spotlight: Dedication Through Designations

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...
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Member Spotlight: Designations, Drive and Determination

NACM's Professional Certification Program provides an opportunity for credit professionals to show they are serious about their career. NACM members armed with our prestigious designations enjoy an average income boost of $10,000 annually, outshining their counterparts without designations."Completing my CBA was a profound moment in both my profess...
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Listen: Leaders Want Increased Visibility of Accounts Receivable

According to a PWC working capital study, 98% of interviewed CEO's admitted they could be more confident about the visibility they have over cash flow. Learn how the credit department can create more visibility around AR with the help of automation. Listen to the latest episode of Extra Credit here.This episode is brought to you by BlackLine. Compl...
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NACM and the Birth of Credit Management: Celebrating 127 Years

Happy birthday NACM!On June 23, 1896, the credit profession as we know it today was born. America's credit managers heard O.G. McMechen's call to create a national association for business credit management, resulting in the formation of the National Association of Credit Men, which would eventually grow to become the National Association of Credit...
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Member Spotlight: Steps to Earn a CBA Designation

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,...
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Recent comment in this post
Angela Dixon, CBF, CCRA
Wonderful story. Similar to mine. I wish Bridget all the best.
Thursday, 22 June 2023 13:33
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Listen: Voices of Credit Congress

On this special episode of Extra Credit, we take you to the Expo floor at Credit Congress in Grapevine, TX to hear how NACM has positively impacted the careers of several different credit professionals.
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Bankruptcies Are Rising, What Is Your Strategy?

 Listen to the latest episode of NACM's Extra Credit podcast to learn how automation can help credit departments navigate the spike in bankruptcies. 🎙️ With the pandemic free-money era officially coming to an end, many businesses on the margin are starting to struggle. As a result, corporate bankruptcies are on the rise. Commercial C...
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Member Spotlight: Make an Impact with Designations

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 ...
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US Economy Under Significant Pressure, CMI Shows

📉 NACM's Credit Managers' Index (CMI) slipped 1.6 points in May to 52.2—nearly erasing three months of improvement. This indicates the economy could collapse under the mounting pressure of lingering debt ceiling issues, interest rate hikes and continued stress in the banking sector, said NACM Economist Amy Crews Cutts.🎙 Hear more on today's episode...
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Member Spotlight: Designations Open Doors for Opportunities

NACM's Professional Certification Program provides educational opportunities to help credit professionals reach all different goals. Not only will credit professionals seek education to learn new information but many times, credit professionals will seek designations that fine-tune their current skills. "Getting support from my boss and husband has...
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Member Spotlight: The CCRA Path to Success

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...
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Member Spotlight: Why Earn Your CBA?

​NACM's Professional Certification Program gives credit professionals the tools they need to excel in their careers. Not only can credit professionals earn a designation, but those who go above and beyond are recognized for their dedication."Deciding to earn my CBA was a great step in learning more about the credit world and brought more depth to m...
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