Serving credit professionals ...since 1899
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"No one who achieves success does so without acknowledging the help of others. The wise and confident acknowledge this help with gratitude." -Alfred North Whitehead
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Here are the top four things YOU need to know this month:
β¨ Registration for our in-person Lien Seminar event closes November 5th
β¨ Hot off the press, Episode 3 of Ask the Experts, NACMBCS' video podcast
β¨ Thank you to Experian for being a prime donor for Best Buddies
β¨ Did you know NACMBCS offers scholarships to current credit professionals?
Read on to learn more! π»
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Accounts Receivable and Days Sales Outstanding Industry Report: Q2 2021
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Dun & Bradstreet and the Credit Research Foundationβs quarterly US Accounts Receivable and Days Sales Outstanding Industry Report shows that industries overall are showing strong resilience and recovery from the impact from the coronavirus pandemic. To read the entire report click the link below. e CRF.
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Lien Seminar: Register Now!
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We are excited to announce that we have over 30 people registered for our very first in-person seminar in almost two years! If you are interested in attending, there are still seats available. The registration deadline is Friday, November 5th, 2021.
We are so excited to welcome David Linville to the Hotel Interurban in Tukwila/Southcenter. The regular member registration price is $150.00, the non-member registration price is $175.00 Members and non-members will be invoiced per registrant, not by the company. Please see the link below for more details and to register now!
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In Episode 3 of our popular series, πΌπ¨π π©ππ πππ₯ππ§π©π¨ πππππ€ π₯, NACMBCS President, Jon Flora interviews Heidi Lindgren-Boyce, a Senior Credit Manager with Star Rentals, Inc.
Together they tackle this question that many of you may have faced... π
π€What is the best way to issue refund checks to clients?
π€There are so many variables when it comes to processing refunds that it's important to establish best practices and find a process that works for you and is easy for the customer.
To learn more, click the link below to watch Episode 3 of Ask the Experts!
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BUSINESS CREDIT FOUNDATION
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Did you know that the mission of NACMBCS' Business Credit Foundation is to provide continuing education, scholarships, and professional development opportunities to members of the credit industry?
So, what does that mean for you? π€ If you are a current industry credit professional and would like to be part of an educational event like our Lien Seminar, attend a conference, or take a class but company funds are tight, you can apply for a scholarship through the foundation to cover the cost of your educational event!
Also, this year with the addition of the Doug Jacobson Scholarship Fund, we are excited to be able to invest in the next generation of credit managers. To date, the fund has raised $54,000! We are currently looking for members interested in hosting college interns to work with them for a semester and provide invaluable industry experience.
To apply for a scholarship or learn more, click the link below!
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We are very happy to introduce ππ¨π§π§π’π πππππ₯π³π¨ ππ’πππ¬π¨π§ a valuable member of the NACMBCS team!
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To get to know ππ¨π§π§π’π πππππ₯π³π¨ ππ’πππ¬π¨π§ better, we asked him a few questions about himself. Here's what he had to say:
Let's get to know her better right nowπ
Where are you from, originally? I was born and raised in Seattle, WA. π
How long have you been with NACMBCS? It will be 2 years on Dec. 16, 2021. π
What's your favorite thing about your job? Assisting Jon Flora! Honestly, it is! We have worked
together in the past, and heβs easy and fun to work with. π
What's your biggest pet peeve? When you are listening to someone speak and they
say βumβ every other phrase. π£
What's your favorite ice cream flavor? Jamoca Almond Fudge. π¨
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What's one thing most people don't know about you? I love to hum while I work!π΅
Thank you for helping us acknowledge and recognize the hard work of our staff!
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Thank you to Experian for being a prime sponsor of this year's Best Buddies fundraiser event. Their support and generosity to this organization and the local community are much appreciated!
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Industry Groups
NOTE: All Group meetings are being conducted online until the Coronavirus subsides - unless otherwise noted.
Hawaii Hospitality is on hiatus throughout COVID-19.
Puget Sound
Thursday, 11/11
11:30 Floor
Location: Dukes/Online
Tuesday, 11/16
11:30 HVAC
Location: Online
Wednesday, 11/17
11:00 Tacoma Construction
1:00 Food
Location: Online
Thursday, 11/18
11:00 Eastside Construction
1:00 Wiring
Location: Online
ο»ΏAlaska
Wednesday, 11/17
1:00 (AKDT) Alaska
Location: Online
Hawaii
Friday, 11/19
11:30 (HST) Hawaii Building
Location: Online
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Conferences - Save the Dates
NACM 126th National Credit Congress
Save the Date
June 5-8, 2022
Louisville, Kentucky
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PARTNERS IN CREDIT REPORTING
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Businesses and individuals join associations in hopes of receiving one specific benefit or achieving one goal, only to find that the association has many more benefits and holds much more opportunity than it previously imagined. Trade Associations provide a wealth of information, data, best practices, promote technology, and continuing education for members. Are you a member of an association? Are you utilizing all the benefits? Join a panel of your peers as we discuss Association membership and the many benefits available.
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Consumer Debt in the Age
of COVID-19.
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In this report, it is discussed how U.S. consumers are engaging with their debts during this crisis, including how payments and other behaviors have changed. Then, the report explores the steps companies can take to better serve consumers while also driving revenue during these uncertain times.
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Amazon Smile...just one way to give back this year.
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Whether you volunteer your time, make monetary donations, or participate in charitable events, you probably support an organization that aids those in need in some way or another.
If you're looking for a simple, automatic way to continue supporting your favorite charity, consider Amazon Smile. Did you know you can donate to the Business Credit Foundation through Amazon Smile as well?
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FTC Updates Security Requirements For Financial Institutions
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The Federal Trade Commission announced on 10/26 updates to the Safeguards Rule that strengthen security for consumer financial information following an uptick in data breaches.
The updates outline specific criteria financial institutions must meet, including limiting access to consumer data and using encryption to secure that data.
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Are you looking for new options for payment processing? Give our partners at UTA a call...
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Today, thousands of prominent companies and industry leaders rely on UTA as their payment solution provider. Participating industries include automotive, furniture, building materials, equipment, trucking, retail, manufacturing, and distribution. UTA helps companies in these industries with payment processing check guarantee services and credit card payment solutions -- providing a full range of customized financial services to fit any platform and integrated payment systems to make your transactions safer, faster and more price competitive.
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Are you trying to fill a position? Use our Job Center!
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Take advantage of the Job Center at nacmbcs.org. If you're having trouble filling a position in your company, use this opportunity to reach a lot of people!
It's easy to post an opening. Just fill out the form. After that, the most viewed part of our website will get attention to your needs.
Best of all, it's a free service that comes with membership in NACM BCS.
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NACM Business Credit Services
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Serving commercial credit professionals.
Since 1899
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