by NACM Connect | Nov 30, 2020 | 2017
Michael Miller, Managing Editor, NACM J.C. Penney. Pier 1 Imports. 24 Hour Fitness. Brooks Brothers. Ruby Tuesday. The list goes on and on, but what do these companies have in common—a high-end men’s retailer, national gym and department store? Collins Dictionary...
by NACM Connect | Nov 30, 2020 | 2020
Andrew Michaels, Editorial Associate, NACM The events of 2020 are bringing former concerns to light as businesses shift the way they conduct operations. The 2020 Travelers Risk Index revealed broad economic uncertainty as the top concern among businesses this year,...
by NACM Connect | Sep 28, 2020 | 2020
Andrew Michaels, Editorial Associate, NACM Anyone can be a leader with the right combination of perseverance and determination. Yet, on their journey to acquire the leadership mindset and skills, most credit professionals are following the guidance of those who are...
by NACM Connect | Sep 28, 2020 | 2020
Michael Miller, Managing Editor, NACM The sudden outbreak of COVID-19 in the U.S. caused many businesses and individuals to fall on hard times, closing up shop, losing income and the death of loved ones. The government stepped in to assist those financially impacted...
by NACM Connect | Jul 28, 2020 | 2020
Andrew Michaels, Editorial Associate, NACM What are credit professionals but risk takers? Every day, credit departments all around the world are making different decisions, all of which will alter their company’s business. Like a marriage vow, credit professionals...
by NACM Connect | May 26, 2020 | 2020
By Andrew Michaels, Editorial Associate, NACM We live in strange times. A viral pandemic has swept the globe. The Pentagon has released video of UFOs. The world’s largest hornet species has invaded the U.S. What sounds like a poorly written Stephen King novel...
by NACM Connect | Mar 23, 2020 | 2017, 2020
Andrew Michaels, Editorial Associate, NACM If there’s one thing credit managers learn quickly after agreeing to extend credit, it’s how their department is going to get paid. Payment options from least to most risky include cash in advance, letter of credit (LC),...
by NACM Connect | Jan 30, 2020 | 2020
Andrew Michaels, Editorial Associate, NACM The passage of time fuels the never-ending cycle of new hires and retirees flowing in and out of the workforce. Those who are bringing their careers to a close often leave behind knowledge and experience, while the newly...
by NACM Connect | Nov 20, 2019 | 2017
By Christie Citranglo, Editorial Associate, NACM People make a total of about 35,000 decisions—in a single day. The process of decision-making has become a more natural, passive activity over time, with decisions like what socks to wear and how long to microwave...
by NACM Connect | Sep 23, 2019 | 2019
By Michael Miller, Managing Editor, NACM As a golfer, the philosophy of laying up means taking the safer and often shorter shot to better position yourself to hit the ball in the hole on a later stroke. Credit departments often don’t have the ability or luxury of...
