National Association of Credit Management

🙌 Congratulations to our August CMI winner Tracy Mitchell from Trinity Logistics! Tracy completed the CMI 12 months in a row! Talk about dedication! 🔭 "The CMI provides invaluable insights into how the economy is tracking delivered directly from credit professionals across all industries." 📊 "Companies and their respective credit managers can also use the CMI to help gauge how their overall business cycle is performing in comparison to the majority and provide an opportunity for that credit manager to discuss areas of success or concern." 🧠 "I highly recommend participation for all credit managers. The more participation in the CMI, the more accurate and impactful the information collected will be." Sign up now to receive notifications when the CMI opens: https://lnkd.in/g5uU8CT4 #cmi #survey #participate #creditrisk #nacm #creditmanager

When it comes to data analysis and reporting, which tool is your go-to? Whether you're crunching numbers in Excel, creating dashboards in Power BI, visualizing trends in Tableau, or using something else entirely, we want to hear from you! 💬 Feel free to share in the comments why you prefer the tool you use. Your insights could help others discover new ways to optimize their processes! #CreditManagement #DataAnalysis #Excel #PowerBI #Tableau #BusinessIntelligence #B2B

📢 When you’re at work, it feels like there is nothing scarier than getting called into the boss’s office. Whether it’s a performance review or notes on a recent project, getting feedback can be tough. For many supervisors, it’s just as hard to give this feedback as it is for employees to receive, but why? ⭐ Written by NACM's new Editorial Associate Lucy Hubbard! #feedback #teamwork #leadership #eNews #creditmanager #creditrisk #riskmanagement

🎙️ On today’s episode of Extra Credit 🎙️ 🤑 Cash application is a vital component of the accounts receivable process. It enables businesses to track their cash flow and keep their financial records up to date. However, the efficiency of your cash application process hinges on your company's size, structure and industry. Hear from ... 🌟 Chelsea Hirn with KGPCo 🌟 Michelle Wilson with BEGA 🌟 Denise Bonnet, MBA, CICP with Daikin Applied Latin America 🌟 Misty Menashe with LaCrosse Footwear Incorporated #creditmanager #creditnews #podcast #extracredit #nacm #cashapplication #ordertocash #accountsreceivable #cashflow https://lnkd.in/eNAxAx7a

Join #BlackLine & FCIB - The Finance, Credit, and International Business Association - for an exclusive workshop and lunch on September 24 in Houston. This event brings together a small group of credit and finance professionals to discuss the latest trends and best practices in credit management. During this interactive event, we’ll cover: ✔️ Insightful data from National Association of Credit Management’s recently published AR Automation Survey. ✔️ Club Car’s finance transformation journey with a presentation by Chris Finley, Manager of Global Credit. ✔️ Ways to speed up cash flow processes and streamline operations using technology. Space is limited. Register today to secure your spot! https://bit.ly/4cqqLG5

Credit limits and credit lines, while often used interchangeably, have distinct differences and understanding these is crucial for credit managers, as it allows for flexibility in competitive business environments. 🎣 Credit lines can be used to borrow in increments, repay and borrow again as long as the line remains open. 🛑 A credit limit is the maximum amount of credit that a supplier is willing to extend to a particular customer at any given time.

🌟Today, we're back with another member spotlight to celebrate NACM South Central's Rebecca Cartwright, CBA from Helena Agri-Enterprises, LLC who just recently earned her CBA! 📖Read about her journey in today's blog! https://lnkd.in/gWaB75ec . . . #NACM #creditmanagement #crediteducation #certification #designation #buisnesscredit #b2btrade

🔍 How often do you update your customers on credit limit changes? Do you keep your customers in the loop frequently, or only when necessary? Vote in the poll below and let’s see how your approach compares to others in the industry! 📊 #CreditManagement #CustomerCommunication #RiskManagement #poll #creditrisk #creditlimit #creditline

📢 Upcoming Webinar: Mind Your Ts and Cs – The Next Generation 📢 Your credit application is filled out ... but is it truly ready to protect your business? 🤔 Join this webinar to delve deeper into the challenges of getting customers to provide all requested information, agree to creditor-friendly terms, and—most importantly—sign the credit application. ✍ Our expert speakers will discuss the real risks trade creditors face when agreements go unsigned and the "battle of the forms" that can arise when customers attempt to add unfavorable terms. 🔍 Key Topics: ➖ Overcoming obstacles in getting customers to sign credit applications with creditor-friendly terms. ➖ The dangers of unsigned agreements and how they can impact your ability to collect and mitigate risk. ➖ Navigating the “battle of the forms” and ensuring your terms prevail. 🔗 Register Now and submit your questions or war stories in advance to be discussed (anonymously) during the webinar! https://lnkd.in/eBbe6TzK 🌟 Bruce S. Nathan; Mike Papandrea; Andrew Behlmann; Lowenstein Sandler LLP #CreditManagement #TermsAndConditions #RiskMitigation #Webinar #BusinessStrategy #TradeCredit 

WE NEED TO HEAR YOU! 🔊 As I look 👀 to the back half of my year as NACM’s National Chair I wanted to emphasize NACM’s opportunities for credit professionals from around the world to use their voices to discuss best practices via Thought Leader discussions.  Discussions from these virtual monthly meetings result in the development of valuable white papers addressing relevant and critical topics pertinent to our profession.   Check out the opportunities below and see if one of them is calling 📱 your name to join. ·        Mentors and Milestones ·        Performance Metrics ·        Leadership ·        Emerging Leaders ·        Technology ·        Global Credit ·        Construction Credit Let us know what topic ideas you would like to discuss with peers.  We appreciate you and value your insights! #crediteducation #educationalresources #industrynews  #financeprofessionals #credit #NACM #DrivingResults