National Association of Credit Management

Credit managers working in construction know all too well the importance of securing their lien rights. They also know how different these rules can be from state to state, making it all the more important that credit managers take the time to learn the ins and outs of these statutes and how they can vary depending on where you are operating.

🎙️ On today's episode of Extra Credit ... 🎙️ Collecting payment can be a hassle; but before thinking of sending a customer to collections or court—you have the option of sending a demand letter to communicate the severity of the issue and help prompt payment. Hear from credit experts: ⭐ Greg Garner, NACM Commercial Services VP of strategy and collections ⭐ Karen Hart, partner at Bell Nunnally & Martin LLP ⭐ Danny Mackes, collections manager at NACM Business Credit Services Inc. https://lnkd.in/eKa2Zi3Q #podcast #extracredit #demandletter #collections #creditandcollections

🎸 Countdown to Credit Congress: What Are You Most Excited For? 🎸 The countdown keeps rockin'—just 52 days to go until Credit Congress 2025 hits Cleveland! This week, we have Credit & Financial Development Division (CFDD) member Anissa Martin, MBA, PhD, CCE who’s speaking at one of our expert-led sessions: “Navigating Credit & Recovering in a Softening Market: What’s Impeding Timely Payment?” 💼📉 💬 What are YOU most excited for—education, networking, the Rock & Roll Hall of Fame? Tell us below! ⬇️ 📢 More to come in our weekly #CountdownToCreditCongress25 series—stay tuned! Register for Credit Congress here: https://lnkd.in/epgUXjbm #creditcongress #cc25 #nacm #crediteducation #networking #cleveland #creditprofessionals #softeningmarket #rockandroll #creditleaders

🌟Today's member spotlight celebrates NACM Southwest member Catherine Kelley, CBA, assistant market credit manager at Ferguson for earning her CBA designation! “I’m proud to have the CBA as an additional qualification,” Kelley said. “It’s added value to my role and represents the amount of effort I applied as well as an increased knowledge base.”  📖Read about her journey in today’s blog! https://lnkd.in/eUp_mNG6 . . . #NACM #creditmanagement #crediteducation #certification #designation #buisnesscredit #b2btrade

As businesses face increasing risks in today’s market, credit insurance serves as one approach for managing potential losses. We’d love to hear your thoughts—has credit insurance proven to be an effective tool in your risk management strategy? Take our poll and share your experience in the comments below.

🌟 Today's member spotlight celebrates NACM North Central's Chris Michael, MBA, CBA, credit manager at Archer Daniels Midland Company (Decatur, IL) who recently earned his CBA! 🌟 “I learned that a lot of what I was experiencing as a credit manager is a normal part of the job,” Michael said. “However, the courses went into further detail that helped build a better foundation for me as I continue my career in the credit field.” 📚 Read more about his journey here: https://lnkd.in/e3psZYxk

Over the past decade, technology has transformed how credit professionals conduct business. Automation and artificial intelligence (AI) have streamlined tedious, manual processes, allowing credit professionals to focus more on strategic, value-added tasks. However, technological advances have also led to an increase in fraudulent activity within business-to-business (B2B) credit. 

🎙️On today's episode of Extra Credit... 📚Education plays a pivotal role in shaping a professional’s career by providing the foundational knowledge and skills necessary to succeed in a competitive job market. 🧠In honor of National Credit Education Month, we’re highlighting the power of knowledge and emphasizing the pivotal role ongoing education plays in a credit professional’s career.  Hear from:  ⭐ Kyle Kern, CBA, member of NACM Business Credit Services Inc. ⭐Nicole Hernandez, CBF, member of NACM North Central ⭐Jill Burns, CBA, member of NACM Connect #extracreditpodcast #NACM #creditmanagement #leadership #b2bcredit #crediteducation #professionalcertifications #FCIB #learning #professionalgrowth https://lnkd.in/e6P56wZh

Measuring the effectiveness of your credit department goes beyond just one metric. From collection rates to risk analysis, different businesses rely on various benchmarks to gauge performance. Which metrics do you use to measure success? Vote or comment down below!

🌟Today's member spotlight celebrates Ashley Lilly, CBA, credit and collections coordinator at Water Pik, Inc. for earning her CBA designation! “I learned a great deal about credit and how the different roles my colleagues play come together to create a cohesive process,” she said. “I also realized that if I set my mind to something, I can persevere, no matter how busy or stressful life can be at times.” 📖Read about her journey in today’s blog! https://lnkd.in/gjinPCfb . . . #NACM #creditmanagement #crediteducation #certification #designation #buisnesscredit #b2btrade