Mentorship Holds Invaluable Space in B2B Credit
Written By: Jamilex Gotay, Senior Editorial Associate, NACM National Regardless of where you are in your career, learning from those with more experience is critical for professional growth and success. One effective way to do this is through mentorship—a relationship where a more experienced professional guides and nurtures the development of another. Whether you’re looking […]
Incoterms: The Complications When Using Them with Letters of Credit
Written by: Jamilex Gotay, Senior Editorial Associate, NACM National Imagine you’re a buyer and you want to purchase a high-value shipment from a seller overseas. You don’t know each other well, so you bring in a letter of credit (LC)—your trusty financial bodyguard from a bank. The bodyguard promises the seller: “If you deliver everything […]
How to Rethink and Refresh Your AR Department
Wrtitten By: Jamilex Gotay, Senior Editorial Associate, NACM National It usually starts with a gut feeling—collections are slowing, disputes are rising and the once-smooth flow of cash feels more like a drip than a stream. It’s not always a crisis, but it is a signal: your accounts receivable (AR) department might be due for a […]
Honing Your Soft Skills in a Rapidly Innovating Industry
Written By: Lucy Hubbard, NACM National Credit management is entering the age of automation, and like countless other fields, credit management has seen the potential of automation and artificial intelligence as it supercharges everyday processes and maximizes efficiency. Why it matters: For those just entering the field, familiarizing themselves with the latest innovative credit strategies […]
Building Defenses Against the Rising Threat of Cyberfraud
Written By: Lucy Hubbard, NACM National With each passing year, new innovations transform the business credit landscape as credit practices emerge with new technology. As credit practices evolve, risk does too, with fraudsters finding new, creative ways to target companies. Why it matters: With the risk landscape transforming, credit managers’ defenses must advance to meet […]