Magazine article Business Credit

Credit Congress & Expo: May 17-20, 2015

Magazine article Business Credit

Credit Congress & Expo: May 17-20, 2015

Article excerpt

GATEWAY TO SUCCESS

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NACM's 119th Credit Congress and Exposition, held from May 17-20, brought the ultimate event in trade credit back to St. Louis for the first time in decades. With increased educational programs focused on cutting-edge areas pertinent to business credit, trademark networking opportunities and a continued commitment to attendee-friendly technological advancements, Credit Congress again hit its lofty mark.

NACM deeply appreciates all who participated by attending and contributing or helping plan this year's event. The support was invaluable and vital to our success in 2015 and will be again for NACMs return to Las Vegas in June 2016. For additional coverage and photos, please visit http://creditcongress.nacm.org.

SATURDAY NACM NETWORKING EVENT: A HOWLING GOOD TIME

For a number of credit managers who have participated in NACM educational programs, especially the Graduate School of Credit an0 Financial Management (GSCFM), the first stop of Credit Congress each year is a festive one--the Saturday networking event. This year, that took place at Howl at the Moon. In the shadows of St. Louis' Busch Stadium, NACM revelers were treated to high-energy dueling pianos and sing-alongs.

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WORKING TOWARD CREDIT'S FUTURE

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Dozens of up-and-coming credit professionals came to St. Louis early to boost their knowledge through NACM education programs including Business Credit Principles and Financial Statement Analysis or review sessions for upcoming certification exams. With the role of the credit professional ever-expanding, quality education plays an increasingly critical role in the fine line between the success and failure of a department and company.

CONGRESS CENTRAL

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For anyone who had a question about the app, needed to register, browse our bookstore offerings, meet with fellow attendees or simply rest and check email, Congress Central offered a convenient hub of services and a lounge atmosphere, all in one place.

GENERAL SESSION

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"Everyone in a band needs to sing off the same sheet of music ... and we need rock stars (not lip-synchers) to amp up the band."

Jim Knight, Keynote Speaker/ Author of Culture That Rocks

"We as members need to get involved: whether it's by contributing our data to support the NTCR or belonging to and supporting an industry credit group. NACM's success begins with our support."

Allen Vickers, CCE, NACM Board Western Region Director/ corporate credit manager at A&K Railroad Materials Inc.

HONORS & AWARDS TAKE CENTER STAGE

In a departure from previous years, the annual Honors & Awards program was given its very own timeslot. Acknowledged were some of the brightest credit professionals who have pushed the boundaries throughout their careers. A highlight moment came as past-NACM chairman Jack Clark, CCE, CGA accepted the Alice M.H. McGregor Award of Exceptional Achievement, the association's greatest distinction. A full list of winners can be viewed on page 10.

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INTERNATIONAL TRACK

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"You have to be aware of the culture you're dealing with and how they do business-- it's the key to being successful and expanding globally."

Gent Culver, ICCE, credit manager for Internationa Game Technology, Going Gloabal

"Even if you are invoicing in U.S. dollars, you are not insulated form FX risk."

Thomas Deininger, vice presdient/manager of foreign exchange trading for FirstMerit Corp., Foreign Exchange Risk Mitigation ...

"The Olympics may bankrupt Brazil ... there were mass protests for World Cup, and they actually wanted that."

Chris Kuehl, Ph.D, NACM economist, FCIB Luncheon

The Expo began the conference with a Grand Opening Reception on Sunday evening. …

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