RMAi Blog

SEPTEMBER 13, 2024

On September 5, 2024 the CFPB issued its annual Fair Debt Collection Practices Act report. The report stated that the CFPB received approximately 109,900 debt collection complaints in 2023. The number one complaint type was “attempts to collect debt not owed.”

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Collector Law Firms Credit and Collections Debt Collections 130

SAP Credit Management

SEPTEMBER 1, 2023

As the heart of business processes and information, having the right ERP software is essential to collecting, measuring, and sharing sustainability data and KPIs. Banks are increasingly committed to net-zero lending practices and, as a result, they are factoring sustainability into credit risk assessments for all their lending.

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Credit and Collections Credit Risk Transactions 167

Your Virtual Credit Manager

JULY 2, 2024

Moreover, if you are trying to collect from a small business, you may have to deal with the owner, who will have a lot on their plate in addition to their debt to your company. New to collections? You should attend Introduction to Business/Commercial Collections on Tuesday, July 16 at 1:30 PM EDT. annualy, forever.

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Your Virtual Credit Manager

JUNE 20, 2023

Special Offer: On June 26, 2023, at 1PM EDT, David Schmidt will be leading a live webinar covering “ Strategic Collections: Process Efficiency and Tactics to Drive Superior AR Performance.” In terms of extending credit, tightening credit controls to minimize the risk of bad debt loss is a natural result of this mindset.

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Credit Risk Bad Debt Credit and Collections AR Aging 20

RMAi Blog

DECEMBER 13, 2024

CFPB expressed concern over social media influencers on platforms like TikTok and Instagram spreading misinformation about debt collections. The consumer didnt pay the providers bills, and eventually the provider retained a collection agency which reported the debts to credit reporting agencies. 1692, et seq.

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Your Virtual Credit Manager

JUNE 13, 2023

Open Credit Terms dominate the Business-to-Business (B2B) marketplace. Photo by Jamie Street on Unsplash There are two types of credit risk that arise from selling on open credit terms: Customers paying beyond terms (past due) reduce your cash flow. Credit availability is shrinking. it just might help them pay you sooner!

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Credit and Collections Bad Debt Default Credit Risk 26

Gaviti

SEPTEMBER 6, 2023

Contact your customer success manager or email us at info@gaviti.com Join our webinar on Sep 13th to learn more about the new Cash Application module >> Credit Application Management: Empowering Risk Management and Visibility Avoid high risk customers from the start and monitor ongoing risk as they build a relationship with you.

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Cash Applicator Credit Application Collector Bad Debt 98

Abrigo

DECEMBER 22, 2023

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. download NOW Takeaway 1 The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2023.

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Credit Risk Credit Unions Dashboards CECL 88

Serrala

SEPTEMBER 7, 2023

Read more Bild Collections & Disputes Automate and optimize collections processes and improve customer engagement. Reduce DSO and optimize working capital with the most comprehensive collections software. Read more Bild Collections & Disputes Automate and optimize collections processes and improve customer engagement.

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Credit and Collections Order to Cash Cash Applicator DSO 98

RMAi Blog

MARCH 14, 2023

This is a very expansive definition which would include medical debt charged on a credit card, including a bottle of Tylenol purchased from a grocery store. RMAI is strongly opposed to this bill and is working with our Colorado lobbyist and other industry trade associations to get an exemption for credit card debt.

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Collector Law Firms Credit and Collections Debt Collections 100

Onguard

AUGUST 9, 2023

Which FinTech technologies are transforming the credit management process? Digital transformations: the future of credit management Big data & AI Expectations of big data and artificial intelligence (also known as artificial intelligence or AI) have been high for years. Listen to our webinar on Spotify.

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Credit Management Credit and Collections Invoice Amount DSO 52

Credit Management Group UK

MAY 15, 2024

**June 2024 flash sale** Collection Performance £130 + vat per person Running w/c 24th June 2024 Our Improving Cash Flow courses are beneficial to those new to collections, with no formal training, or to those who view the course as a refresher in credit control, wishing to improve and develop their collection techniques.

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Credit and Collections Credit Management 76

RMAi Blog

DECEMBER 14, 2022

The Assurance of Discontinuance alleges the retailer was targeted in a cyberattack in 2018 resulting in customers’ credit card numbers and login credentials being made available for sale on the dark web. RMAI is collecting donations for the 2023 Annual Conference Silent Auction, sponsored by Kino Financial. Miss a Webinar?

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Law Firms Credit and Collections Credit Unions Debt Collections 130

SAP Credit Management

DECEMBER 29, 2022

Using the SAP HANA Database Explorer, you can browse and work with SAP HANA database objects e.g., tables, stored procedures, importing and exporting data, executing SQL statements, working with multi-model data such as graph, spatial and JSON collections, viewing trace files, and troubleshooting. JSON Collection viewer.

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RMAi Blog

JANUARY 13, 2023

Here are some recently introduced bills that might be of interest: New York SB 171 – This bill would create a private right of action against originating creditors and debt collectors for a violation of the Debt Collection Procedures Act. Prof’l Bureau of Collections of Md., Midland Credit Mgmt., 4th 823 (10th Cir.

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Law Firms Collector Credit and Collections Debt Collections 100

RMAi Blog

MAY 12, 2023

Nat’l Credit Sys. , A debt collector unaware of the discharge, allegedly due to a bona fide error, sent several collection letters to the consumer regarding the past-due rent. 1692c(c) (failure to cease communications and cease collections) of the FDCPA.” 21-3131, 2023 U.S. LEXIS 10237 (7th Cir. EOS USA, Inc.

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Collector Credit and Collections Law Firms Debt Collections 100

SAP Credit Management

JANUARY 25, 2023

Starter Content for Building Forms to Collect ESG Data Group Reporting Data Collections package of sample data entry forms for ESG (environmental, social, corporate governance) metrics based on requirements of GRI and WEF SCM standards allows for quick and easy data collection from entities.

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Revenue Recognition Credit and Collections Transactions 166

SAP Credit Management

SEPTEMBER 13, 2023

Ing-Marie Lönnerheden kicked off the webinar by raising an excellent question: Where do good product change ideas come from? They shared how cross-departmental collaboration can lead to an emergence of great collective intelligence for the enterprise , covering end-to-end use cases for both the Product Development and Formulation processes.

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RMAi Blog

APRIL 12, 2023

The following bills of concern are a sample of the legislation that RMAI is currently engaging on behalf of the industry: California AB 1414 – This bill would exclude consumer credit accounts from the definition of “book account” which would force all litigation through a contract theory for litigation. NPAS, Inc. ,

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Law Firms Collector Credit and Collections Default 100

SAP Credit Management

JANUARY 26, 2023

Increased flexibility in billing preparation through a released OData API for the project billing request to enable external applications and resource related billing processes.

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Dashboards 166

RMAi Blog

FEBRUARY 14, 2023

Make Your Annual Conference Education Count for the Receivables Management Certification Program Attending education sessions at our 2023 Annual Conference sets you on your way for earning your initial or renewal certification. Individual certification requires 24 education credits every two years. Complete Credit Solutions, Inc.

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Law Firms Credit and Collections Credit Management 100

SAP Credit Management

SEPTEMBER 14, 2023

COLLECT ls_response INTO lt_response. COLLECT ls_response_period INTO lt_response_period. LOOP AT lt_stock INTO DATA(ls_stock). ls_response-companycode = ls_stock-companycode. ls_response-plant = ls_stock-plant. ls_response-material = ls_stock-material. ls_response-stroagelocation = ls_stock-storagelocation. DATA lv_60 TYPE d.

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SAP Credit Management

JULY 25, 2023

Learning Opportunities : Providing access to valuable resources, webinars, workshops, and events to keep members informed about the latest SAP innovations, trends, and technologies.

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SAP Credit Management

JULY 25, 2023

Useful Resources The resource center serves as a one-stop shop for users, providing them with a collection of valuable resources. These resources include documentation, guides, webinars, and other materials that offer guidance and information on various aspects of the onboarding process.

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SAP Credit Management

AUGUST 24, 2023

Approximately 45% of team time is still spent on low-value activities such as data collection and validation, leaving only 34% dedicated to generating insights and influencing strategic actions. However, the survey reveals that the distribution of FP&A team time has remained stagnant for three consecutive years.

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SAP Credit Management

JANUARY 25, 2023

Webinars and online events became increasingly popular since the Covid pandemic. This blog post is intended to continuously collect events and it will be updated regularly as new ones are organized. There is a wide variety of them out there, but it is hard to find out about them in time.

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SAP Credit Management

JANUARY 18, 2023

SAP has tackled this issue by innovating intuitive solutions for analyzing HRIS data: a new workforce analytics connector that lets customers collect data from SAP SuccessFactors solutions and bring it into the SAP Analytics Cloud solution. Using Solutions from SAP to Make HRIS Data Actionable.

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SAP Credit Management

JULY 19, 2023

Starting in 2022, SAP released a set of beta features related to the new site experience as part of a beta program with selected customers and partners to collect early feedback on the new UX design, concepts and tools. SAP Partner Webinar: A Closer Look at SAP Start for SAP Build Work Zone You are an SAP Partner?

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SAP Credit Management

JANUARY 30, 2023

You use the project structure for collecting costs and to drive manufacturing planning based on the associated sales order Items. Post Down Payment You may post the down payment received from your customer. Material Requirements Planning – Planning Strategy E2 You may produce for a WBS element based on the project requirement.

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SAP Credit Management

FEBRUARY 8, 2023

SAP Cloud for Sustainable Enterprises is a comprehensive cloud offer that integrates data and process to manage carbon footprint, reduce material waste, and achieve social sustainability. Sustainability has a deep impact on all forms of business.

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The Esker Blog

JANUARY 10, 2023

In the wake of the pandemic, CFOs found themselves with a new batch of supply chain and finance challenges — ones that have made it increasingly difficult to manage processes, collect cash and reach your accounts receivable goals. Historically, the processes within collections, cash application and credit management are highly manual.

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AR Aging Accounts Receivable (AR) Credit and Collections AR Automation 95

SAP Credit Management

AUGUST 29, 2023

Each month ill review articles, research papers and webinars, and provide you with a brief summary of the most important papers, what they contain, what they may mean and try to draw some parrels between them. Clause extraction follows closely at 39%, indicating a focus on leveraging AI for more efficient contract review and understanding.

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Transactions 120

SAP Credit Management

SEPTEMBER 5, 2023

This allows sales representatives to manage different sales documents with the possibility to change them massively without any development effort. We support the Mass Changes for: sales orders, sales orders without charge, sales scheduling agreements, sales contracts, debit- and credit memo requests, and customer returns.

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Credit and Collections Order to Cash Transactions Default 181

SAP Credit Management

DECEMBER 21, 2022

Finance Collection Blog (roadmap, quarterly release highlights, microlearnings) here. Early Release Webinar Series here. Sapphire 2022 Keynote: Becoming an Intelligent, Sustainable Enterprise. openSAP Microlearnings for SAP S/4HANA for Finance and GRC here. SAP S/4HANA Cloud Customer Community for Finance here.

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SAP Credit Management

AUGUST 29, 2023

The remaining 5% of the requests will consist of heavier operations, such as the checkout, or operations impacted by housekeeping activities or contention, such as Garbage Collection. You can also watch this webinar , which provides an introduction to Dynatrace for SAP Commerce Cloud.

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Transactions 160

SAP Credit Management

JANUARY 27, 2023

For more information on SAP S/4HANA Cloud, check out the following links: GRC Collection Blog (roadmap, release highlights, microlearnings) here SAP S/4HANA Cloud release info: [link] Latest SAP S/4HANA Cloud Release Blogs here and previous release highlights here Product videos on our SAP S/4HANA Cloud and SAP S/4HANA YouTube playlist SAP (..)

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Gaviti

FEBRUARY 5, 2024

This release features the innovative Cash Application module, significant Credit Management enhancements, and the introduction of Gaviti Pay – a versatile payment gateway for streamlined, secure transactions. Pre Collection” Status : Enhanced internal Invoice Approval Feature.

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Cash Applicator Dashboards DSO Credit and Collections 52