Jul 21, 2021

Posted by & filed under Credit, Experian.

About this report

Beyond the Trends is a quarterly report written by Experian Business Information Services. The report offers a unique view of the small business economy based on what we see in the data. With up-to-date information on over 25 million active businesses and how they perform from a credit standpoint. Experian will share insights and commentary on how economic conditions, public policy, and other factors might shape future small business performance.

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Jul 21, 2021

Posted by & filed under Credit.

D&B Finance Analytics is the complete AI-driven platform powered by the Dun & Bradstreet Data Cloud—for finance leaders who want to transform their finance operations and reduce cost through insight, automation, and enhanced customer experience. Intelligent, flexible, and easy to use, D&B Finance Analytics allows finance teams to manage risk, increase operational efficiency, enhance their business insight, and improve the customer experience.

Download Informational Flyer

Interested in learning more about this service and other D&B products contact your Account Executive.

NACM CS Customer Service
800.622.6985
customerservice@nacmcs.orgRead the rest

Jul 8, 2021

Posted by & filed under Credit.

Automation in risk management helps CFOs and finance leaders modernize many aspects of finance operations to improve cash flow, boost efficiency, and promote enterprise growth. As leaders are under pressure to get dispersed finance teams working with better speed, coordination, and accuracy, automation helps to achieve a higher level of preparedness that will sustain their companies through disruptive events — now and in the future.

CFOs and finance leaders are increasingly implementing digital technologies and automation. They see value in ongoing digital transformation and investment in better tools to help them reduce time spent on manual finance processes.    

But when it comes to credit and receivables, large and small companies alike face the prospect of reduced cash flow and decelerating growth if they fail to address the main risk factors lurking within their finance processes.… Read the rest

May 19, 2021

Posted by & filed under Bankruptcy, Business Credit Journal.

By Michael A. Brandess and Mark S. Melickian, Creditors’ Rights Attorneys at Sugar Felsenthal Grais & Helsinger LLP

In the timeless words of Larry David, business credit is pretty good right now. According to the American Bankruptcy Institute, April 2021 commercial chapter 11 filings were down 49% compared to April 2020. Recent legislation, such as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) pumped trillions of dollars into the U.S. economy, inclusive of low interest (and potentially forgivable) loans under initiatives such as the Paycheck Protection Program (“PPP”) and the Main Street Lending Program. Banks are largely holding off on moving defaulted borrowers to their workout groups for several reasons, including the hope that many borrowers who initially defaulted will recover, and to avoid concerns about bad publicity.… Read the rest

May 19, 2021

Posted by & filed under Business Credit Journal, President's Message.

What encouragement we are beginning to feel with Covid numbers finally decreasing, vaccinations climbing in the general population, and people starting to get out around a bit more. I’m feeling nearly giddy about the near possibilities of seeing credit peers in person! The last year taught us so many life lessons, some of which we wish we didn’t have to experience (on reflection), and many more we’ll carry with us in newly developed lifestyles and professional ambitions.

I have to tell you, NACMCS staff have completely mastered this new virtual interaction that has developed into a heightened expectation. And while it is certainly secondary to in-person meetings, our use of the virtual platforms for industry groups, live demos, member and in-house meetings, educational sessions, accredited classes, and even our annual association member meeting have all become virtual offerings in the past year.… Read the rest

May 19, 2021

Posted by & filed under Credit.

We wanted to take a moment and recognize and recap the designation earners from 2020 – 2021. All of our designation holders over the years have worked hard in classes and time studying for tests to earn their certifications. 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.

Want to know more about the designation process? Our next Certification Roadmap class is July 7, 2021 from 5:30 – 7:00 PM PT.

More information on the CAP Courses currently being offered through NACM CS on the following pages.

March 2020
Lindsey Giglio, CBA, Keen Inc
Casey Bassett, CBA, Weyerhaeuser NR Company
Janene Heidlebaugh, CBA, Graybar Electric Company Inc
Alex McEntee, CBA, Pendleton Woolen Mills Inc
Nandeta Sharma, CBA, Blue Diamond Growers
Julie Gieber, CBF, OrePac Building Products
Melissa Garcia, CBF, Bridgewell Resources LLC
Alaina Worden, CBF, CECO Inc
John Steenman, CCE, Adobe Systems Incorporated

July 2020
Dan Clark, CBA, Pure Storage Inc

November 2020
Adeline Flower, CBA, Wagner Equipment Co
Lainie McElroy, CBA, Helena Agri-Enterprises LLC
Eleanor Hartman, CBF, Autodesk, Inc.… Read the rest