National Association of Credit Management’s Post

Check out this great weekly podcast exploring the world of Credit! This episode dives into the goals and aspirations of industry professionals for 2025—definitely worth a listen if you're looking for inspiration or insights.

Check out our latest Extra Credit podcast episode! #newyearsresolutions #creditmanagement

It’s always a delight listening to experts opinions on the National Association of Credit Management Extra Credit Podcast. Key Takeaways: 1. AI in Credit Operations: The integration of AI into credit operations has become essential. However, managers should implement it gradually, beginning with basic, non-quantitative tasks before advancing to complex credit processes. This phased approach ensures smoother adoption and maximized effectiveness. 2. Days Sales Outstanding (DSO): While technology serves as a powerful tool for collections, cultivating strong creditor-debtor relationships remains the most effective way to reduce DSO. This underscores the need for credit managers to prioritize building genuine, trust-based connections with their customers. Finally, credit must pursuit of success for their firms by always be done with a balanced objectives.

Credit unions often remain stuck in traditional ways of thinking, slowing down their ability to innovate and keep up with modern financial expectations. They need to break away from old habits and start thinking like modern, agile organizations to better serve their members in today's fast-paced financial landscape. Are we ready to stop thinking like credit unions and shift into a different mindset entirely? In this episode of Grow Your Credit Union, host Joshua Barclay and guest co-host Mike McWethy, EVP, Texans Credit Union talk with Nolan Waltman, EVP/COO, First Service Credit Union about why the key to credit union growth is to start operating like a FinTech. PLUS: 🎯 We talk about how you can identify and create better offerings for your most valuable members. 🎯 We get tips on how to create commercials that go beyond boring and deliver a memorable message. HUGE thanks to InvestiFi for sponsoring this episode. We are looking forward to hearing your comments on this one. As always, see the comment section for a link to the episode. #CreditUnion #Growth #Leadership

Such a great episode! Thought provoking and insightful! We're so proud to support Grow Your Credit Union's great work and the conversations they're having that encourage Credit Unions to rethink their growth strategy. #CreditUnions #Investing

In our latest Markets Plus episode, Ernie Johannson, Group Head, North American Personal and Business Banking at BMO Financial Group, is joined by Patty Arvielo, CEO and Co-Founder of New American Funding, to discuss professional growth, leadership tips, and how Latina women can prosper with the help of each other. Listen to the episode here:

First thought when you say credit union, is they are slow and lack on fancy tech stuff compared to other financial institutions. Credit unions are not only catching up, they are surpassing banks. They offer many services and will help you improve your credit, get you a mortgage, and even handle investments at a much lower rate. Listening to what services to offer is one of the better ways to reach out. Keeping their members for 20, or 30 years or more takes an extra step. And credit unions do it without charging more. Try your local credit union because unlike those online institutions, they have been in business for a long time. And you will speak to a human who works there. #save #invest #tx #usa #creditunion

"I really understood it was going to be hard to build a brand, and if you're going to build a brand, you need to build it on service." Mia D. When it comes down to it, financial administration isn’t only about numbers or transactions, it’s about people. Every deal, every decision can shape livelihoods, influence futures, and impact families. This is something Mia Drennan, founder of GLAS, understood from the very beginning When Mia started GLAS, she recognised a gap in the market. Too many financial services were reactive, disconnected, or simply lacking a personal touch. In the latest episode of The Delivery Space podcast, Mia Drennan shares the story behind building GLAS into a global leader in financial administration in an industry that often forgets the human side of transactions. Here are some nuggets from Mia’s approach: 👉 Service is non-negotiable At GLAS, every transaction is treated as a chance to build trust. As Mia puts it, “We’re only ever as good as our last transaction.This mindset ensures her team delivers to their best, knowing their client’s future depends on it. 👉🏿Understanding the stakes Whether it’s helping businesses restructure debt or supporting clients in times of financial uncertainty, GLAS ensures every interaction is handled with care, urgency, and expertise. 👉🏻 Empathy drives trust Mia’s leadership has fostered a culture where team members are empowered to act in the client’s best interest, even if it means going beyond the expected. About our guest Mia is one of the Founding Partners of Global Loan Agency Services Limited ("GLAS") an independent, non-bank, conflict free, provider of loan agency and trustee services with a particular niche in restructurings and special situations. GLAS is fast becoming known as a proactive, forward thinking, solutions provider who is readily able to step into "messy" situations and get the job done. Catch the full episode using the link in the comments 👇🏽 #BuildingBrands #Leadership #TheDeliverySpacePodcast #WomenInLeadership

🚨 Don’t miss this! 🚨 Join us on December 10th at 1 PM CT for a live, interactive Q&A with credit management expert Thea Dudley! 🎯 What’s on the agenda? Navigating multi-generational credit teams Using AI & tech to simplify your processes Advocating for yourself and your team Bring your questions and get actionable insights to elevate your credit game! 👉 Register now: https://lnkd.in/gR7wADcb #CreditManagement #Webinar #Leadership #FinanceTips

Struggling to find skilled professionals in banking operations? You're not alone. In the latest episode of Wrestling Payments Podcast, Jaime Berg from Alkami Technology discusses the critical need for comprehensive education and training in banking operations and treasury management.   Financial institutions often find it challenging to hire individuals with the necessary background and expertise. To bridge this gap, it's essential to develop management training programs that go beyond lending and focus on the operational aspects of banking. These programs can ensure a steady pipeline of skilled professionals ready to tackle the complexities of the financial sector.   Key points discussed:   ●  The current lack of specialized training programs for banking operations ●  The need to include banking operations in college curriculums ●  How management training programs can help maintain a robust talent pipeline   Jaime highlights, "It's easier to hire a banker, teller, or someone with an accounting or finance background and teach them treasury because they've got a foundation. It's building blocks on top of that."   To dive deeper into this crucial discussion and learn more about the strategies for improving education in banking operations, listen to the full episode of Wrestling Payments at https://lnkd.in/dp7TWCQf. #BankingOperations #FinancialEducation #TreasuryManagement #WrestlingPayments #BankingIndustry #TalentPipeline