Why Your Business Needs an AI Policy
Written By: Jeremy L. Kahn, Principal at Berman Fink Van Horn In April 2023, a series of inadvertent leaks of sensitive information by Samsung employees highlighted the potential risks associated with the use of generative AI. A Samsung engineer input confidential source code and asked ChatGPT to check the code for errors. And then another […]
Member Spotlight – Dan Simpson
How to build your “Credit”-ability
Kendall Payton, editorial associate Credibility (or “credit”-ability for credit managers) helps establish trust and confidence with your customers, colleagues and upper management. In an industry where decisions can have significant financial implications, mere competence is often not enough to inspire confidence. Why it matters: Credibility in the business world is arguably one of the most […]
Experian Commercial Pulse
Experian’s Marsha Silverman is excited to share with you the current Experian Commercial Pulse Report. She has the opportunity each week to analyze data on the millions of U.S small businesses in Experian’s database, and discover actionable insights that benefit our clients. Making these discoveries is rewarding work, and we utilize these insights to guide […]
2024 Long-Term Members
As we celebrate another year of growth and achievement, we are profoundly grateful for the steadfast dedication and unwavering commitment of our long-term members. This year we have remarkable milestones of 25, 50, and an extraordinary 75 years of service to our association. We extend our thanks to these members for their invaluable contributions in […]
Upskilling and Reskilling in the AI-driven Job Market
Jamilex Gotay, editorial associate Artificial intelligence (AI) has revolutionized the job market in recent years, spawning roles like data analysts, machine learning engineers, and AI ethicists. To thrive in their positions, employees must exhibit a blend of both technical and soft skills. In today’s rapidly evolving job market, staying relevant and competitive requires continuous learning and […]
Congratulations Designees – March 2024
Congratulations to these members on their new CBA & CBF designations. Are you interested in education and getting a designation? Check out this guide on the certification program. If you have any questions contact Shawna Axness. CBA:Alfredo Rivas, CBA – Walters Wholesale Electric Co CBF:Timothy Van Natta, CBF – Professional Member
Will a Red-Hot Construction Industry Finally Slow Down?
By: Christopher Ng, Managing Partner | Gibbs Giden (cng@gibbsgiden.com) As we head into 2024, sales, credit, and financial executives in the construction industry are all pondering the same question: can the red-hot construction industry continue its growth? No such luck, at least according to the 2024 American Institute of Architects (AIA) Semi-Annual Consensus Construction Forecast. […]
Accessing Consumer Reports on Business Owners – Are you following FCRA 604 for Permissible Purposes for Obtaining a Consumer Report
When a credit grantor is selling a sole proprietor, partnership, small corporate entity, or has obtained a personal guarantee, you should consider obtaining a consumer report on the owner(s) of that business. Although, the Fair Credit Reporting (FCRA) permits the use of a “consumer credit report” with a permissible purpose, it is recommended you include […]
A Strategic Guide to Goal Setting in 2024
Kendall Payton, Editorial Associate, NACM National Goals are the motivating force that drives us forward in any aspect of life. Whether personal or professional, big or small, creating these goals helps hold yourself accountable and are a great way to keep you motivated—and entering a new year gives everyone a fresh perspective on how to […]