Thank you to everyone who attended, sponsored and donated to the Golf Scramble.
Nov 21, 2019
Nov 21, 2019
Thank you to everyone who attended the conference. This year was amazing and we hope you all join us in 2020 in San Diego.
A special thank you to the following for helping us put together some amazing raffle baskets.
Columbia Sportswear
Mark Teeter, CCE, CICP
Brett Hanft, CBA
John Hardy
Pendleton Woolen Mills
Keen Inc
Leatherman
Jeff Butterfield… Read the rest
Nov 21, 2019
From Cindy Robert at Rainmakers Government Strategies
Yesterday the Office of Economic Analysis presented its second economic and revenue forecasts of the 2019-2021 biennium.
The general outlook is that there has not been any significant changes since the previous forecast for the State of Oregon but at the US level there is still a fear of recession.
A recent poll of economists across the nation indicated that the fear of recession has declined from 35% to 30% in the last few months but most agree that the US will enter a recession next year. The upside is that consumers appear to be still willing to spend – which is currently propping up the US economy.
In Oregon there has been a sharp slowdown in employment growth. … Read the rest
Sep 19, 2019
Written By: Jason B. Binford, Partner, Foley & Lardner LLP
Over the course of the credit manager’s career, they will likely have opportunities to serve as a member of an official committee of unsecured creditors in a bankruptcy case. Any creditor representative presented with such an opportunity should carefully weigh the pros and cons. Committees are important parties in interest in Chapter 11 bankruptcies, and members of a committee are given a front-row opportunity to steer the course of the case. In addition, costs directly related to the committee – including paying counsel retained by the committee – are borne by the bankruptcy estate. However, committee participation may give rise to complicated conflicts of interest, requires an understanding of fiduciary duties, and can involve a fairly significant time commitment.… Read the rest
Sep 19, 2019
How quickly it turns to Fall and with the change in weather comes a full calendar of events for credit professionals. I trust you’ve seen the invitations to the Western Credit Conference coming to Portland, October 23-25. These opportunities to invest in yourself and your career shouldn’t be passed up. The planned programs are applicable to every credit position. Professional development is vital to your success! For those members needing CEU points to keep your certifications current, this is your opportunity. We hope you’ll consider joining others at the conference. Registrations are plentiful and it’s going to be a full house.
NACM CS has a full Accreditation program on the calendar for 2020. Now is the time to plan ahead and get your approvals to attend a class working toward your credit designation.… Read the rest
Sep 19, 2019
Written by: Keith Prather, Armada Corporation Intelligence
Depending on which media source one prefers to listen to, it seems that we are being pitched two extreme economic conditions. But when we peel back the onion, there is an interesting story at the core of our current economic condition. The U.S. (and the global economy for that matter) is currently in a “tale of two economies.”
The Institute for Supply Management’s August ‘Report on Business’ was a perfect illustration of this dichotomy between two economies. The services sector report, which accounts for 65-70% of the U.S. economy, grew in August with a strong reading of 56.4. This was well above the critical midpoint of 50 (the dividing line between expansion and contraction) and 2.7 points higher than July’s 53.7.… Read the rest
Sep 19, 2019
Congratulations to our newest designation recipients. Eleanor and Reshnita have earned their Certified Business Associate (CBA) designations and Erika has earned the Certified Business Fellow (CBF) designation. Nice job ladies! 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 (skelly@nacmcs.org).
