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This article covers these key topics: What is a loan review worksheet? 5 Benefits of using worksheets Worksheet examples for loan reviewers Utilizing loan review worksheet for consistent analysis Analytical inconsistency is a persistent challenge in the loan review profession, often leading to wildly different approaches across reviewers. Striking the right balance is essentialand a structured tool like the loan review worksheet can help reviewers achieve clarity, consistency, and more meaningf
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Every denied claim represents lost time, delayed cash flow and growing frustration, thus proactive denial prevention is paramount. Many denials are avoidableand when they do occur, they can often be overturned with strategic, well-executed appeals. At the heart of effective denial management is a proactive approach that begins early in the revenue cycle and leverages payer collaboration, process precision, and professionally documented appeals.
Remittance processing is a prime example of a “back office” process. If everything goes according to plan, nobody notices. Any departure from the routine, however, can lead to posting delays that will potentially impact future revenue and cash flow, alienate customers, and increase administrative costs. Who would’ve thought? Photo by Ramiro Mendes on Unsplash Remittance Processing (also known as Cash Application or Cash Posting) is the process of recording customer payments and
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
Finding and managing vulnerabilities in credit portfolios Fresh reminders of why it's important to manage credit concentration risk are everywhere. Effective loan review is a key element of managing concentration risk in loan portfolios. Key topics covered in this post: Recent regulator comments on overseeing concentration risk Concentration risk management framework How credit risk review can help manage concentrations Overcoming barriers to concentration risk insight Credit concentration risk
Entrepreneur Of The Year celebrates ambitious entrepreneurs who are shaping the future Minneapolis, April 29, 2025 Ernst & Young LLP (EY US) announced the finalists for the prestigious Entrepreneur Of The Year 2025 Heartland Award. Now in its 40th year, the Entrepreneur Of The Year program celebrates the bold leaders who disrupt markets through the worlds most ground-breaking companies, revolutionizing industries and making a profound impact on communities.
Entrepreneur Of The Year celebrates ambitious entrepreneurs who are shaping the future Minneapolis, April 29, 2025 Ernst & Young LLP (EY US) announced the finalists for the prestigious Entrepreneur Of The Year 2025 Heartland Award. Now in its 40th year, the Entrepreneur Of The Year program celebrates the bold leaders who disrupt markets through the worlds most ground-breaking companies, revolutionizing industries and making a profound impact on communities.
Controllers become the guardians of financial truth by owning data quality, structure, and flow across systems. In today’s risk-heavy business climate, Controllers are expected to do more than close the books. They must ensure data accuracy across the systems that drive billing, collections, compliance, and reporting. What is the one area that’s often overlooked but critically important?
It is a clich of military history that it is easier to start a war than to end one, and the war one starts may not be the war one gets. If recent selloffs in the US Treasury, stock and dollar markets are any indication, this adage may also hold true for trade wars. In my view, the US is facing fiscal and reputational reckonings and changes in fund flows that could be negative for the dollar and other US assets for a period measured in years, not months.
Collecting commercial debts is not unlike convincing somebody to buy something, but people with that talent tend to go into sales. For most people, however, collecting B2B debts is an acquired skill. It is not a task that requires the gift of being a natural salesperson. Photo by Icons8 Team on Unsplash People do not aspire to become commercial debt collectors.
6 questions & answers on how generative AI is shifting the landscape Abrigo's Director of Applied AI, Sriram Tirunellayi , shares advice and insight into AI, its role, and how it can power the future of banking. Generative AI for safer, smarter growth As a seasoned leader in data science and AI for financial services, Sriram Tirunellayi brings a practical perspective to the evolving role of artificial intelligence in banking.
“If you don’t know where you are going, you can take any road to get there.” The quote rings true for wanderers, but for a manager—especially a Credit Manager—there’s a harsher reality: “You will fail if you know where you want to go but have no plan on how to get there.” Here’s an example from a real-world scenario to drive this point home.
Finance is as old as civilization. Ancient Egyptians kept tallies on papyrus. The Medicis significantly influenced medieval Italy through their banking activities. Within the past century, modern finance has formed a global network that has expanded the scope and potential of finance and digital transactions. And yet, nothing had prepared us for the fintech revolution unfolding at the moment.
Reading Time: 6 minutes In 2025, the business loan origination process is undergoing significant changes. While traditional business loan underwriting has been human-based and reviewed by banking staff, the industry is evolving toward software-driven, automated lending decisions. Small business lending is influenced by a confluence of factors, including technological advancements, regulatory changes, and borrowers seeking funding.
Imagine you log in to CreditManager , expecting your usual routine. But somethings different: even faster response times and drastically reduced import times. You didnt change anything, but behind the scenes, a major shift has taken place! In late March, we completed the migration of CreditManager from our private cloud setup to Microsoft Azure. Test, Acceptance and Production environments are now all running on Azure.
Credit professionals know that some customers are more vulnerable to business cycles than others. Seasonal businesses, such as those tied to summer or winter sports, boardwalk stands, lawn care, or holiday retail sales, are especially affected. Other companies, like home builders, durable goods manufacturers, and those in the travel industry, are sensitive to broader economic cycles due to their reliance on discretionary consumer spending, and in some cases, to Mother Nature.
There is no doubt that retirement is one of lifes most significant milestones. Most people dream about it from the moment they get their first paycheck. However, deciding when to retire is important. After all, some people count down the days until early retirement. However, some stay in the workforce well into their sixties or even seventies. The thing is, theres no universal right time to retire.
Reading Time: 6 minutes The loan origination system has evolved into a critical strategy tool for banks and credit unions to gain a competitive edge in todays digital-first landscape. Recent Market Data Forecast report indicates that in 2024, the global lending origination market reached a valuation of $4.84 billion and North America held a strong 43.7% market share.
Imagine a physician asking a patient to decipher a complex medical diagnosis and develop their own treatment plan. It sounds absurd, doesnt it? Yet patients are often expected to decode multi-page, jargon-filled bills and somehow pay upon receipt. But what if unpacking the psychology behind patient payment obstacles could help organizations achieve better outcomes for both satisfaction and collections?
The Impact of Patient Access on Denials and Revenue Home / April, 25 2025 Patient access is a growing point of opportunity for revenue cycle leaders to reduce preventable denials and increase revenueif you leverage the right patient access technology. Patient access is a foundational point in the revenue cycle for hospitals and health systems, directly impacting a patients ease in receiving care.
Trade credit is a major source of capital for businesses buying from other firms in the United States. Recently, banks have significantly tightened borrowing requirements. This has increased reliance, by both the seller and the buyer, on trade credit terms for the working capital needed to operate their businesses successfully. A company’s ability to extend reasonable credit terms to its customers and collect what is owed promptly has had an increasing impact on revenue and profit.
Last week ten companies soared above the market and achieved double-digit stock gains just last week. All three of the main U.S. stock indexes ended the week with significant gains, due to these massive spikes. With a 6.7% gain, the Nasdaq led the rally, followed by the S&P 500 (4.59%) and the Dow Jones (2.48%). However, while there were many major winners, one that stands out from the group is Lufax Holding Ltd, a Chinese AI company.
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How to develop credit terms and limits that walk the fine line between stimulating growth in your customers, maximizing cash flow, and minimizing risk.
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This guide explains the foundations of taking payments, comparing payment methods, payment gateways and processors, and explains the key factors you need to review.
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