Serving credit professionals ...since 1899
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"Success is not final; failure is not fatal: it is the courage to continue that counts" - Winston Churchill
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Here are the top five things YOU need to know this month:
โจ The Doug Jacobson Memorial Golf Tournament raised $25,000 for scholarships!
โจ NACMBCS is looking for businesses to host paid intern scholarship reipients
โจ Ask the Experts is now a video podcast
โจ We're here to help; job spotlights for social media
โจ Changes are coming to Experian Credit Reports later this fall
Read on to learn more! ๐ป
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The Doug Jacobson Memorial Golf Tournament Raised $25,000!
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The ๐ฟ๐ค๐ช๐ ๐
๐๐๐ค๐๐จ๐ค๐ฃ ๐๐๐ข๐ค๐ง๐๐๐ก ๐๐ค๐ก๐ ๐๐ค๐ช๐ง๐ฃ๐๐ข๐๐ฃ๐ฉ held on September 13th was lauded as a huge success! โณ
Fun was had by all who attended and we are very happy to announce that over $25,000 was raised in support of The Douglas Jacobson Scholarship Foundation! The scholarship fund itself had already raised $17,500 so that's now a grand total of $42,500!
We couldn't have done this without the support from our members, so thank you for your donations and participation in such a worthy cause. ๐ Now, let's give out some scholarships!
The Business Credit Foundation is looking for member businesses to partner with as part of our scholarship program. The Foundation gives college juniors or seniors $1,000 scholarships and partners them with a local company for a semester paid internship. Member businesses who wish to participate can be located anywhere in the US, but preferably WA, AK or HI.
Is your business interested in hosting an intern? Simply reply to this email and let us know you're interested!
Haven't had a chance to donate yet? Click the link below to find out how you can donate to this amazing cause!
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You've heard of our Ask the Experts section on our website, but we've decided to take it up a notch!
NACMBCS has turned this popular link into a video ๐ฅ podcast so now YOU can ask all of your credit industry, work, or business-related questions and we'll host industry experts to get you (and the rest of the team) the answers!
The first episode was released last week on Facebook, YouTube and LinkedIn. If you missed it, we partnered with @ThatGratitudeGuy David George Brooke to answer the question, "How do you have a career you love and make money".
After you watch it, reply back to this email and let us know what you think!
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The job market is a TOUGH one right now! ๐ฃ
To help, NACMBCS is supporting its members by highlighting open positions within their organizations.
Our job opportunity spotlight today is for an ๐ผ๐๐๐ค๐ช๐ฃ๐ฉ๐จ ๐๐๐๐๐๐ซ๐๐๐ก๐๐จ ๐๐ฅ๐๐๐๐๐ก๐๐จ๐ฉ ๐๐ฉ ๐ฟ๐๐ง๐๐๐ค๐ก๐.
This position will be an integral member of the Accounting Shared Services team, but will also work closely with the Sales, Customer Service, Marketing, Distribution, Warehousing, and Plant teams.
If you know someone experienced in accounts receivables, who display strong leadership and communication skills, and values integrity and team building, then have them head to https://www.darigold.com/contact/careers/ to APPLY now!
Please share this great opportunity with someone that you believe would be a good fit for Darigold and remember, we are better together. ๐ค
Is your organization hiring? We would love to help. Please submit your current job openings by clicking the link below and let us know you would like a spotlight on our social media!
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This month we are excited to spotlight John Woods!
๏ปฟ
To get to know John Woods better, we asked him a few questions about himself. Here's what he had to say:
๐ด ๐๐ก๐๐ซ๐ ๐ฐ๐๐ซ๐ ๐ฒ๐จ๐ฎ ๐๐ซ๐จ๐ฆ ๐จ๐ซ๐ข๐ ๐ข๐ง๐๐ฅ๐ฅ๐ฒ?
I was born in Lakewood, California, but grew up mostly in San Diego except for a year in Japan.
๐ป ๐๐ก๐๐ญ'๐ฌ ๐ฒ๐จ๐ฎ๐ซ ๐๐๐ฏ๐จ๐ซ๐ข๐ญ๐ ๐ญ๐ก๐ข๐ง๐ ๐๐๐จ๐ฎ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฃ๐จ๐?
I'm quite a techie and data guy, so I really love to use my programming skills to reformat data, and I take pride in the quality of the data that NACM sends to Experian. Telecommuting three days a week is also a bonus for me!
๐ ๐๐จ๐ฎ๐ซ ๐๐ข๐ ๐ ๐๐ฌ๐ญ ๐ฉ๐๐ญ ๐ฉ๐๐๐ฏ๐?
Nothing with my work, which is great, just having to do the 242-mile round trip twice a week. It's exactly why I like telecommuting!
๐ฆ ๐
๐๐ฏ๐จ๐ซ๐ข๐ญ๐ ๐ข๐๐ ๐๐ซ๐๐๐ฆ ๐๐ฅ๐๐ฏ๐จ๐ซ?
When I used to eat ice cream, my go-to was mocha almond fudge.
โ๏ธ ๐๐ก๐๐ญ'๐ฌ ๐ฌ๐จ๐ฆ๐๐ญ๐ก๐ข๐ง๐ ๐ฆ๐จ๐ฌ๐ญ ๐ฉ๐๐จ๐ฉ๐ฅ๐ ๐๐จ๐ง'๐ญ ๐ค๐ง๐จ๐ฐ ๐๐๐จ๐ฎ๐ญ ๐ฒ๐จ๐ฎ?
A few things actually, I have my pilot's license for small aircraft and helicopters, I've been involved in several low-budget movies including as a cinematographer on First Man On Mars (2016), I like to cook, drive my 1966 MGB, and watch classic movies on TCM with my wife.
Thanks for helping us get to know you better John. ๐
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EXPERIAN 2.0 COMING THIS FALL
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Experian is launching two newly developed scores leveraging 2 best-in-class modeling techniques coming later this fall.
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So, what does this mean for you? Clients will receive access to two, newly upgraded, highly predictive risk scores that will help you more effectively reduce bad debt. This will be Experian's recommended default modeling approach for most clients.
Both scores have extended model projections from 12 to 24 months and range from 300-850. According to Experian, a wider score scale brings you more flexibility in setting cut-offs and developing more sophisticated risk strategies.
What should you do to prepare? For clients that access credit reports and risk scores in BusinessIQ Classic, the new scores will be available in our modernized BusinessIQ 2.0 platform. For all other clients, based on your product access, your score and platform migration date will be emailed to you 30 days prior to migration.
NACMBCS will provide updated information as we receive it and provide you help and support through this transition. Be on the lookout for more information coming soon!
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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, 10/14
11:30 Floor
Location: Dukes/Online
Tuesday, 10/19
11:30 HVAC
Location: Online
Wednesday, 10/20
11:00 Tacoma Construction
1:00 Food
Location: Online
Thursday, 10/21
11:00 Eastside Construction
1:00 Wiring
Location: Online
๏ปฟAlaska
Wednesday, 10/20
1:00 (AKDT) Alaska
Location: Online
Hawaii
Friday, 10/22
11:30 (HST) Hawaii Building
Location: Online
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Conferences - Save the Dates
*NEW DATE*
NACM 125th National Credit Congress
Kansas City, Missouri
October 10-13. 2021
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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UPCOMING WEBINARS & IN-PERSON EVENTS
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With Pam Kraik - After working in the credit department for a multinational F-50 conglomerate for 13 years, Pam saw an opportunity to provide collection and credit management outsourcing solutions to commercial businesses. In 1993, Pam founded The Credit Department (TCD). With a knack for assigning processes to chaos, Pam regularly meets with TCD clients to review what isnโt working and determine what needs to be applied for effective credit risk management. She designs unique risk management processes for each client, which is facilitated by TCD software that allows real-time analysis of a clientโs asset and risk.
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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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Join us for our first in-person event in almost two years! We are so excited to welcome David Linville as he hosts our Lien Seminar at the Hotel Interurban in Tukwila/Southcenter. The regular member registration price is $150.00, 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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Getting the most out of automated credit tasks...
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Technology can help improve the efficiency, accuracy and standardization of credit risk assessment, especially in todayโs world when the workload for credit professionals continues to snowball.
To learn more click the link below.
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Valuable crab populations in decline...
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Crab populations are declining amid a decade of rapid climate change. Experts warn of future trends.
To learn more click the link below
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Overwhelmed by email...here's how to get your inbox under control...
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If your inbox is perpetually full, then you'll definitely want to read this article with tips on how you can get a handle on your emails!
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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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