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Jun 01 2018 Quality Education in Credit Management is a Must |
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Credit management is so much more than credit limits and
collections! NACM has made my job more rewarding with their
certification programs, and the benchmarks needed to meet along the
certification process. Without the tools that NACM provided and a previous
manager introducing me to the credit network, I am not sure I would be where I
am in my career today or be striving to share the knowledge that I have learned
throughout my years in credit. Why is education important for credit managers?
Most credit managers wear many hats ... accounting, financial analysis, legal,
secured transactions, banking relationships, fraud prevention and much, much
more. For some of the legal and secured transactions, keeping up on local
legislation can be tough, but there is a local NACM in many markets, or there
is a lot of information on the NACM National website.
The credit management field is a rapidly changing,
requiring constant updates to your knowledge base. It is important to keep up
to date so that the company is armed with the ability to combat any situation. My last piece of advice is to get involved, get
involved in groups, trainings, meetings, anything. The more a credit manager
knows about their field and utilizes their network and education the better
decisions they make for their company and team.
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