Sep 16, 2021

Posted by & filed under Credit.

Written by a long time and experienced NACM Member

Remember when you used to receive an incoming fax on a roll of glossy fax paper…that eventually faded so you couldn’t read the original fax transmission?  Or using a typewriter (first manual, then electric) to generate correspondence instead of creating a Word document on a computer??  How about handwriting phone messages and delivering them to the desk of the intended recipient before the inception of voice mail?

Advancements in modern technology continue to revolutionize processes in our day-to-day work environments that had, historically, been manual.  Those technological developments have helped to streamline workflow and communication, especially to those working in credit, accounting, and finance. 

In our inordinately busy lives, we forget the importance of having the luxuries of technology that help us become more efficient in our jobs. … Read the rest

Sep 16, 2021

Posted by & filed under Credit.

Congratulations to our newest designation recipients from the latest exam. Are you interested in education and getting a designation? Check out this guide on the certification program. If you have any questions contact, Shawna Kelly.

CBA
Nolan Simmons, CBA, The Greenbrier Co
Nancy Wanner, CBA, CFM Equipment Distributors
Jennifer Aguilar, CBA, Deckers Outdoor Corporation

CBF
Kathy Millard, CBF, Modern Glass Company

Nancy Wanner, CBA & Kathy Millard, CBF
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Sep 16, 2021

Posted by & filed under Credit.

The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, largely on strong rebounds from a few major economies, according to the World Bank’s June 2021 Global Economic Prospects report. Many emerging markets and developing economies, however, continue to struggle.

An analytical section of the report examines how lowering trade costs such as cumbersome logistics and border procedures could help bolster the recovery among emerging market and developing economies by facilitating trade.

Despite a decline over the past 15 years, trade costs remain almost one-half higher in these countries than in advanced economies, in large part due to higher shipping and logistics costs. Efforts to streamline trade processes and clearance requirements, to enable better transport infrastructure and governance, encourage greater information sharing, and strengthen competition in domestic logistics, retail, and wholesale trade could yield considerable cost savings.… Read the rest

Sep 16, 2021

Posted by & filed under Meet the Team.

Liz Casillas, Collection Specialist
San Diego, California Office

Hello, my name is Liz Casillas and I was employed by San Diego Wholesale Association since July 1996 when NACM Commercial Services acquired our firm in May 2019. I was thrilled when NACM Commercial Services allowed me to continue in their firm in a position I’m familiar with…collections.

I’m involved in my local Moose Lodge, VFW Post, and my church Saint Therese Parish as a lector. I have a house full of animals (birds, dog, cats, chinchillas, and fish) and a wonderful man named Andy who I met at the Moose Lodge years ago. They all keep me pretty busy outside of work.

I’m grateful to NACM Commercial Services who provided all the needed hardware and assistance to allow their employees to continue working from home during the past year and I’m looking forward to returning full time to the office and getting out of my PJ’s and wearing dresses and high heels again!… Read the rest