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- Ten Tips on Deduction Management
- Ten Tips on Customer Financial Statement Analysis
- Ten Tips on Limiting Bad Debt Losses
- Ten Tips Relating to Chapter 7 Bankruptcies
- Ten Tips on Communicating with Your Manager
- Ten Tips on Handling Angry Customers
- Ten Tips on Increasing your Visibility at Work
- Ten Tips on Prioritizing Work in the Credit Department
- Measuring Job Performance - Ten Tips
- Ten Tips on Customer Financial Statement Analysis
- Ten Creative Collection Tips
- Ten Creative Problem Solving Tips
- Tips on Extending Credit to Newly Formed Companies
- Ten Collection Do's and Don'ts
- Tips on Choosing a Third Party Collection Agency
- Ten Ways to Find Customer Financial Statements Online
- Ten Tips Relating to the Use of a Personal Guaranty
- Asserting the Ordinary Course of Business Defense to a Bankruptcy Preference Demand; Ten Tips
- Ten Tips on Filing a Proof of Claim
- Ten Tips on Professional Accreditation through NACM
- Ten Things Not to Say to a Customer
- Ten Tips About the Discharge of Debts in a Chapter 7 Liquidation Bankruptcy
- Ten Tips on Hiring and Training New Collectors
- Ten Tips on Building a Better Credit Application
- Ten Tips on Managing Change in Credit
- Ten Tips on Automating the Cash Application Process
- Making Effective Proposals
- Justifying the Cost of Collection Management Software
- Tips on Reducing Credit Risk
- Tips for Handling Unearned Discounts
- Ten Tips about Online Credit Training Programs
- Ten Tips on More Effectively Interacting with Customers
- Comments about Risk Management
- Ten Comments on the Roles and Responsibilities of the Credit Department
- The Roles and Goals of External Auditors
- Ten Key Performance Metrics for the Credit and Collection Department
- Tips on Stress Management in the Credit Department
- Ten Benefits of Online Training
- Ten Tips on Networking Online with other Credit Professionals
- Ten Tips When a Customer Closes its Doors
- Ten Ways Credit Managers get Fired
- Ten Key Financial Ratios
- Tips for Handling Difficult Discussions with Credit Team Members
- Ten Things Not to Say to Debtors
- Ten Tips on Attending Meetings
- Ten Tips on Effective Meeting Follow up and Documentation
- Ten More Meeting Tips
- Ten Tips on International Interactions with Customers
- Effective Teams, Ten Tips
- Tips on Creating Better Emails
- Generating Effective Credit Correspondence
- Exporting
- Accounting
Ten Tips on Professional Accreditation through NACM
The National Association of Credit Management (NACM) was founded in 1896 to promote sound credit decisions, protect businesses against fraudulent debtors, improve the interchange of credit information, and develop better credit practices and methods by creating a code of business ethics.
- NACM offers three professional accreditations: The Credit Business Association (CBA); The Credit Business Fellow (CBF); and the Certified Credit Executive (CCE)
- The professional accreditation process itself is lengthy
- The programs and the course work are not easy for many people, and require many hours of study and work [I know. I taught the CAP and ACAP programs for more than 10 years]
- Two of the rewards of earning a professional accreditation are (a) professional recognition and (b) greater marketability
- To maintain your accreditation, you must earn points for Continuing Professional Education. CPE programs help ensure that you have current information and the skills needed to react to change more quickly
- To earn an accreditation involves passing what amounts to a final examination. This test will be proctored by your local NACM affiliate [in my case, the Credit Management Association]
- Many credit professionals are able to convince their employers to reimburse the cost of the courses, books and tests. The reason is that everything these programs teaches helps participants improve at what they do now, and helps prepare them to accept new professional opportunities in the future
- The tests administered to assess the professional competencies of candidates for one of the three accreditations evaluate knowledge and professional competence. Testing is intended to make the accreditation more valuable to the individual’s employer
- Professional accreditation enables individuals to speak more authoritatively and with more confidence – both of which are important in the credit function
- A professional accreditation helps identify employees who are highly motivated, and who are poised to make a more meaningful contribution to their organization.
© 2010 by Michael C. Dennis. All Rights Reserved.