Extra Credit

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During turbulent economic times, it is challenging for businesses to maintain stability. With heightened risk, traditional lending often tightens leading more companies to seek financing from private sources.

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Tell us what you love about Extra Credit and what topics you want covered!

Tell us what you love about Extra Credit and what topics you want covered!

Automation is changing the way credit managers do business across industries. For construction credit professionals, efficiency and accuracy is vital, and new technology might be able to help make tough credit decisions faster. 

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Tell us what you love about Extra Credit and what topics you want covered!

This week, NACM hosted its 129th Credit Congress & Expo in Cleveland, Ohio—and things kicked off strong. 

The opening general session featured keynote speaker Brant Menswar, who delivered a powerful message on staying focused and hitting your goals, even when things feel uncertain. 

We caught up with a few attendees to hear what their biggest takeaways were from Credit Congress. Here’s what they had to say. 

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Tell us what you love about Extra Credit and what topics you want covered!

Credit professionals are often focused on supporting others—customers, colleagues and businesses—but they can sometimes forget to take time to care for themselves. In today’s shaky economy, many are facing growing challenges, which can lead to stress and a need for self-care.  

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Tell us what you love about Extra Credit and what topics you want covered!

Tell us what you love about Extra Credit and what topics you want covered!

When it comes to hiring new credit managers, it can be hard to choose which candidate will be the best fit at your company. From the technical skills on their resume to their professional presence during a job interview, there is a lot to consider when hiring for a role a multi-faceted as credit manager. 

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Connect with us on LinkedIn: @Nacm-National @FCIB

Tell us what you love about Extra Credit and what topics you want covered!

It’s no secret that companies across industries are grappling with the ripple effects of shifting supply chains, severe weather events, rising costs and mounting tariffs. 

By developing a crisis management plan, credit professionals can shift from a reactive approach to a proactive one, helping to minimize risk and improve decision making. 

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Tell us what you love about Extra Credit and what topics you want covered!

By incorporating additional KPIs with DSO, credit managers can provide a clearer view of department performance, enhancing understanding for management and leading to more informed credit decisions. 

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 🧭 Being a leader is hard but leading during stressful periods where internal or external stressors seem to add pressure to your credit team can be even harder. 

🚨Whether your company is undergoing a merger that throws everyone’s day-to-day work through a loop or economic instability brings added stress to everyone’s days, workplace challenges can pop up at any moment. But what can leaders do to ease tensions and calm their credit teams? 

🎧 Listen more to find out how you can support your team through difficult times and foster a more resilient work environment. 

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Tell us what you love about Extra Credit and what topics you want covered!

Collecting payment can be a hassle, no matter who you are. There’s nothing more frustrating for B2B credit professionals than collecting payment from customers with outstanding debt. Before thinking of sending a customer to collections—or worse, court—you have the option of sending a demand letter to communicate the severity of the issue and help prompt payment.

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Tell us what you love about Extra Credit and what topics you want covered!

📚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. Beyond that, education also fosters personal growth, boosts confidence and builds a strong network that can support career advancement. 

🧠By continuously learning, you not only improve your current role but also position yourself for long-term success.

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