International Corner: Collections in Mexico Rated as Complex

Written by Diana Mota, FCIB Nearly 20% of credit professionals who responded to the December FCIB International Credit & Collections Survey said they were experiencing an increase in payment delays in Mexico. About 10% noted a decrease; 62%, no difference; and 10% were not experiencing any delays. The majority of respondents offer payment terms of […]

Meet the Team – Get to Know Part of our Fun Staff – Laura

Laura Rothman – Account ExecutiveCalifornia HI, I’m Laura and I’ve been an Account Executive with NACM Commercial Services for almost 2 years although I’ve worked within the NACM for 30 years! I live in Laguna Niguel, California, and service our membership in the Southern California Region. It’s been an educational 30 years, learning about various […]

A Monthly Report on Business-Related Economic Trends

December 2020 ReportDun & Bradstreet’s U.S. Economic Health Tracker is a monthly, multi-dimensional review of the health of the economy. U.S. Small Business Health IndexThe Small Business Health Index (SBHI) measures business health at the Metropolitan Statistical Area (MSA) and Industry (SIC) level as it relates to payment patterns, failure rates, and credit use. The […]

How to Catch a Fraudulent Order

Written By: Chris Finch, Sumitomo Electric and Scott Blakeley, Blakeley LLP Credit teams are responsible for protecting and maintaining company’s accounts receivable, the most valuable asset for any company. The biggest threat to that asset is fraudulent orders. Fraudulent orders often lead to unrecoverable losses. After a loss of profit through a fraudulent order, companies […]

NACM Holiday Cheer 2020

Enter our Holiday Raffle Come party with us! We are usually all fun and games during our holiday parties and this year will be no different. Ok, so maybe a little different. While we can’t all come together, we can have some fun virtually and be entered into a raffle to win some prizes!  We […]

Is the Economic Glass Half Full or Half Empty?

If you are an engineer or credit manager, you might answer that the glass is twice as big as it needs to be.  The sales leader would add that while you were debating whether it was half empty or half full, they sold it. The outlook for the economy is arguably mixed right now, and […]

President’s Message: Year-End

It’s near December already! While most of us are wishing away 2020 as a year we want to forget (but can’t!), Credit professionals should be looking to clean up your company’s accounts receivable in preparation for year-end. This would include identifying accounts not paying timely, contacts who are not responding, and receivables growing more delinquent […]

Resources to Assist You in Reducing Credit Risk & Maximizing Profits

Due to the current economic environment, now more than ever, it is important to keep a closer watch on your accounts. Some industries are doing very well during these unprecedented times and many industries are struggling to meet their payment obligations. Creditors need to take proactive steps to manage these risks. We would like to remind […]

Enabling Faster Cash Conversion with A/R Automation and Digital Payments – HighRadius

Is Your Accounts Receivable Process Slowing You Down?In today’s digital economy, a company’s survival hinges on its potential to manage working capital and cash flow while ensuring customer satisfaction along the way. Mid-sized businesses heavily depend on cash for their day-to-day business operations and growth. In times of uncertain economic swings, optimized cash management could […]

Congratulations to Our Newest Designation Holders – Nov/Dec

Congratulations to our newest designation recipients from the last few exams. Are you interested in education and getting a designation? Check out this guide on the certification program. If you have any questions contact Shawna Kelly. Certified Business Associate (CBA) Adeline Flowers, CBA – Wagner Equipment Co Dan Clarke – Pure Storage Inc Lainie McElroy, […]