Category Archives: NACM Professional Designation/Certification

Avoid Expensive A/R Credit Lessons with Education

Posted by on August 5, 2011 at 5:07 pm.

“The difference between school and life? In school, you’re taught a lesson and given a test. In life, you’re given a test that teaches you a lesson.” Tom Bodett

Lessons learned in a credit department of a business may be costly. How often could a bit of knowledge have saved thousands of dollars - if only they’d known.

The Basics That Every Credit Department Should Know:
*The customer’s legal formation where is the financial strength and who is legally liable for debt.

*The 5 C’s of Credit the essence of evaluating customer information and making good credit decisions.

View related article on The Five C’s
The Five C’s of Credit in Today’s Economy

View full article

How to: Certify as a Credit Professional

Posted by on May 2, 2011 at 8:01 pm.

By Georgette Bevan, CCE, NACM Business Credit Services

Many credit professionals did not aspire to a career in credit and collections, they just fell into credit as did I. It was clearly not my choice. I was given increasing responsibilities which raised me to the level of my incompetence, which drove me to NACM for education. Not only did NACM education help me do a better job, but I found that I absolutely enjoyed learning, getting promoted, making more money and associating with the finest individuals in our community.

As I obtained professional certifications, there was a noticeable impact on my employer’s bottom line profitability and this opened amazing opportunities for me.

Have you wondered what a Professional Designation requires? Here is my “bare bones, condensed version” of the certification process.

3 levels of Designations

   CBA - Certified Business Associate

   CBF - Certified Business Fellow

   CCE - Certified Credit Executive

Requirements for each designation:

View full article at http://tinyurl.com/3mjrp86