Five Reasons Businesses Have Shied Away from Credit Insurance
Businesses will likely have insurance to protect assets such as buildings or equipment, but one of its largest assets oftentimes goes uninsured. Credit or trade insurance provides an option to cover a company’s accounts receivable. Trade finance or credit insurance supports up to 80% of global trade, according to the Export-Import Bank of the United […]
Congratulations New Designation Holders
Congratulations to our newest designation holders who took their certification tests on November 7, 2016. CCE Mark Teeter, CCE Pam Wagner, CCE Tess Ricard, CCE Sheryl Rasmusson, CCE CBF Beverly McCluskey, CBF CBA Ashlee Lawrence Minty, CBA Jodi Martinez, CBA
Keen, Inc. – NACM Northwest Lifetime Member
The NACM Northwest Foundation is pleased to announce that Keen, Inc., became a Corporate Lifetime Member in August 2016. The Foundation is also pleased to announce that Marsha Johnson, CCE, and Raeann Binau, CICP, RGCP, have recently become lifetime individual members. Their support is greatly appreciated. The NACM Oregon Foundation was established and incorporated on […]
Important Actions to Maintaining a Healthy Business Credit Score
There are many risks associated with a poor business credit score. The good news is, there are many things you can do to improve your business’s credit score and maintain a high credit score as your company grows. In the following pages, we’ll show you five simple steps you can take to improve your company’s credit […]
The Right Approach to Conflict
There are five primary approaches to dealing with conflict: 1) Authority, 2) Compromise, 3) Avoidance, 4) Accommodation, and 5) Collaboration. Many people are comfortable with a few of these approaches but not with all five. If you misuse, overuse, or under-use any of the five, you take a risk the conflict will become worse. Review […]
Eight Reasons to Use a Pro Forma Invoice
A pro forma invoice is an abridged or estimated invoice sent by a seller to a buyer prior to shipment or delivery of goods. It identifies the kind and quantity of goods, their value and other information such as weight and transportation charges. They’re typically used as preliminary invoices with a quotation or for importation. […]
Think of Construction Job Information Sheets as Credit Applications
Obtaining the necessary job information for any construction project means much more to a supplier or subcontractor than simply checking boxes and scribbling a word or two into yet another form that needs filling out. Construction credit managers should view their job information sheets on a par with customers’ credit applications in level of importance. […]