President’s Message – Fall is in the Air

Fall is the time to put a priority on enhancing credit knowledge and career building. Our new fall conferences have been rebranded to Credit in the West and will be hosted in Portland, Denver, and Anaheim. We understand budgets are tight and yet the continued need for credit professionals to remain sharp in the latest […]

Congratulations New Designees – Summer 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:Patricia Schneider, CBA – Cardinal Health Inc.Becky Zacharda, CBA – Great Western Malting CoMarialisa Francetich, CBA – Great Western […]

Offer Your Customer the Flexibility to Pay Online

Written By: United TranzActions In today’s digital age, convenience and flexibility are paramount. As more consumers shift towards online shopping and digital transactions, businesses must adapt to meet these changing demands. Offering your customers the ability to pay online and utilize payment request links is not just a modern convenience; it’s a necessity that can […]

The Customer’s Formal Terms Pushback Strategy, the Supplier’s Cost of Capital and Inflation: What Does it Mean For the Supplier’s Profitability For the Account?

Scott Blakeley, Esq. A payment trend affecting credit teams across all industries is customers disregarding supplier-set trade terms, and extending these terms. Private U.S. companies reported a continued increase in their average accounts-receivable days. This is despite the fact that customers are sitting on record cash holdings. I have discussed in articles the ways in […]

We Know about Amazon Deductions All Too Well. Learn About How to Stop Them.

Written By SupplierWiki The Tortured Supplier’s DepartmentHey NACM Members, We’re SupplierWiki. We create free educational content for retail suppliers, helping them recover from deductions and chargebacks and ultimately become A+ suppliers. Our articles and free resources cover major retailers like Walmart and Target; however, in this edition of the NACM Newsletter, we’re investigating Amazon’s problem […]

Stop Losing, Start Protecting

Written By: NCS Credit UCC FILINGS REDUCE FINANCIAL RISK FOR BUSINESSES Every time you extend credit to your customer, you assume some calculated risk, right? And, as a diligent credit professional, you take steps to mitigate that risk. You scrutinize credit applications, analyze and review credit history (the amount of outstanding debt, payment behaviors) and […]

Fraud in B2B Trade Explained

Kendall Payton, editorial associate B2B payment fraud is an urgent matter for credit professionals because of its scale of risk. Fraud can contribute to severe financial losses and even reputational damage for businesses. However, fraudulent activity is not always easy to catch. In fact, nearly half of all businesses take at least one month to […]

A Big Win for Creditors of Small Business Debtors

Bruce Nathan, partner & Mike Papandrea, counsel, Lowenstein Sandler LLP  The “big” win: In a decision that helps balance Subchapter V’s pro-debtor provisions, the U.S. Court of Appeals for the Fifth Circuit recently held that the Bankruptcy Code’s exceptions to discharge apply to a corporate Subchapter V debtor with a nonconsensual plan (even though the […]

Credit Card Surge Reshapes B2B Trade

Jamilex Gotay, editorial associate, NACM In recent years, credit cards have surged in popularity among customers within the B2B credit industry. Why it matters: Knowing why this trend is happening is critical for B2B trade creditors as it holds the potential to alter financial strategies and influence business operations. What they’re saying: “Severe inflationary pressures […]

Gather & Grow + NACM CS Foundation Raffle

We appreciate your participation in the NACM Commercial Services Foundation fundraising portions of the event. Your contributions raised nearly $2700.00 in Portland and $5000.00 in Spokane for future scholarships!! THANK YOU! We would also like to express our gratitude to all our members for participating in the Gather and Grow—Credit Professionals Event. Your involvement and […]