From the CEO – NACM Northwest
NACM Oregon and NACM Inland Northwest will merge this week! And we’re changing the company name to NACM Northwest! The Associations received the approval of the Boards and the membership over the last two months. We plan to provide the same first-rate products, services, and exceptional customer service. Please talk with your Account Executive or […]
Top Ways to Create, Foster a “Culture That Rocks”
No matter the industry, a company’s culture is vital to its image and perhaps more importantly, its survival. Upper managers and department managers alike must constantly work hard to create an atmosphere that makes people never want to go on another job interview, or perhaps, in extreme cases, get a tattoo of the company logo […]
Rise in Orders Could Mean Fraud
Certainly, the primary goal in any business endeavor is to get customers to increase their orders. But this increase can also be a warning sign and another technique for spotting business credit fraud. In most credit fraud situations, the operator ultimately wants to order as much as possible. The window of opportunity for heavy ordering […]
United States Bankruptcy Court District of Oregon
NACM National Honors and Awards
Last chance to send in your NACM National Honors and Awards! Please submit nominations through NACM Oregon. For questions and submissions please contact Brett Hanft, CBA: 503-520-5451 or hanft@lumber.com
2016 New Oregon Laws
New Year, New Laws, New Worries January 2016 From Rainmakers Government Strategies Paid Sick Leave Requires most employers in the state having 10 or more employees to implement […]
Four Key Objectives of Customer Visits
Customer visits can provide the credit department with significant and valuable information about a business and its operations. The credit professional receives a firsthand glimpse into the customer’s facilities, such as their inventory, condition of equipment, and location. Personal visits may also create and help build long-term relationships with the customer. On the flipside, a […]
10 Associated Elements in Financial Statements
Financial statements play an extremely important role in the day-to-day operations of a business. The balance sheet provides a snapshot of the company’s financial statement, while the statement of cash flows shows its operating expenses. It is vital for a credit professional to review and understand these documents. The credit manager should also be aware […]
Holiday Open House
We had a blast at the Holiday Open House a few weeks ago! Thank you for everyone who came to join the fun. We look forward to seeing everyone next year. Play the video below to see all the fun and excitement!
The Importance of Conducting Credit Investigations on Existing Accounts
Credit investigations on a customer don’t end once an application is approved and an account is established. Every company’s credit policy should include procedures for updating customer credit applications periodically, keeping in mind that certain specific events should trigger an immediate reevaluation. When to Investigate an Account It is recommended that credit applications be updated […]