Your Virtual Credit Manager

APRIL 25, 2023

Inevitably you will need to initiate collection activities; in other words, start requesting past due customers pay what they owe your firm for goods and/or services provided on credit terms. What are the other tasks that will not get done or be delayed because of the time you devote to collections?

Credit and Collections 130

Credit and Collections Past Due Invoices Collector Deductions 130

Fundera

JANUARY 9, 2017

Every small business could use a great suite of accounting tools to help them out. Let’s face it: Unless you’re a mathlete, accounting can be the most boring part of running your own small business. In fact, around half of small business owners report that accounting is their least favorite task. FreshBooks.

Small Businesses 84

Small Businesses Dashboards Credit and Collections 84

Eagle Business Credit

OCTOBER 16, 2023

Starting a small business can be an exciting venture filled with dreams of success and profitability. In this article, we will explore the essential relationship between working capital and profit, breaking down complex financial concepts into digestible bites for small business owners.

Small Businesses 75

Small Businesses Credit and Collections Invoice Collections Invoice Amount 75

Fundera

MAY 9, 2018

That also means that this list of the best business apps isn’t exhaustive, so you may be wondering why your go-to app for small business didn’t make the cut. For small businesses, Evernote is an especially useful tool for organizing and sharing personal agendas and brainstorming with colleagues. When I Work.

Small Businesses 92

Small Businesses Dashboards Transactions Credit and Collections 92

Fundera

NOVEMBER 17, 2018

Some small business owners are already financial experts: they have MBAs, experience in the private sector, and strong literacy in all things related to managing small business finances. If managing finances for a small business has you feeling completely overwhelmed, take a look at this comprehensive primer.

Small Businesses 75

Small Businesses Credit Scoring Credit and Collections Default 75

Fundera

NOVEMBER 17, 2018

Some small business owners are already financial experts: they have MBAs, experience in the private sector, and strong literacy in all things related to managing small business finances. If managing finances for a small business has you feeling completely overwhelmed, take a look at this comprehensive primer.

Small Businesses 75

Small Businesses Credit Scoring Credit and Collections Default 75

Emagia

FEBRUARY 21, 2025

These solutions streamline invoicing, payment collection, and reconciliation processes, reducing manual efforts and improving overall efficiency. Collections Management : Tools to track overdue accounts and automate follow-up communications. Reduced Errors : Automation minimizes manual data entry, reducing the likelihood of mistakes.

Accounts Receivable (AR) 40

Accounts Receivable (AR) AR Automation Credit and Collections Cash Forecasting 40

Fundera

FEBRUARY 20, 2018

There’s a reason that so many small businesses turn to QuickBooks for their small business needs—it’s easy to use, inexpensive, and QuickBooks training resources for the software abound. While certain things—like paying taxes—are obviously required of every small business, each business has its own other specific needs.

Small Businesses 70

Small Businesses Credit and Collections Dashboards Transactions 70

Fundera

FEBRUARY 2, 2019

PayPal Small Business Solutions. Payment Processing – Credit and debit card processing on web, mobile, and in-person. Business Financing – Obtain loans specially designed for PayPal sellers. PayPal Credit – Allow customers to pay over time for goods and services. Photo credit: PayPal.

Small Businesses 67

Small Businesses Credit and Collections Transactions Credit Card Payments 67

Fundera

DECEMBER 2, 2018

There’s a reason that so many small businesses turn to QuickBooks for their business needs—it’s easy to use, inexpensive, and training resources for the software abound. The 5 Best Alternatives to QuickBooks for Small Businesses. If you’re a super-small business, the Starter package at $9/month may work for you.

Small Businesses 71

Small Businesses Credit and Collections Dashboards Transactions 71

Abrigo

JANUARY 18, 2017

SCORE , a nonprofit association that helps small businesses in partnership with the U.S. Small Business Administration, offers these examples of helpful technology, which you can share with business clients as tools to manage cash flow and develop a stronger financial position.

Days Sales Outstanding 88

Days Sales Outstanding Credit Card Payments Credit and Collections Dashboards 88

Abrigo

APRIL 12, 2021

Takeaway 2 Once a bank or credit union understands the need for an LOS, it develop one or use a third-party vendor. A loan origination system (LOS) has become a common banking buzzword among banks and credit unions in recent years. It’s also important to understand how an LOS may be able to help your bank or credit union.

Credit Unions 135

Credit Unions Credit Risk Credit and Collections Cybersecurity 135

Abrigo

DECEMBER 14, 2023

King outlined the following best practices for developing and refreshing your strategic plan and encouraged banks and credit unions to make them an integral part of board meetings. Identify your questions about the institution and what data and dashboards you need to answer them. Learn to identify emerging CRE credit risk red flags.

Credit Risk 88

Credit Risk Dashboards Credit and Collections CECL 88

Emagia

FEBRUARY 21, 2025

By automating tasks such as invoicing, payment tracking, and collections, businesses can reduce manual intervention, minimize errors, and accelerate the order-to-cash cycle. This ensures prompt and secure payment collection. Benefits of Automating Accounts Receivable 1.

AR Automation 40

AR Automation Days Sales Outstanding DSO AR Metrics 40

Abrigo

MAY 13, 2020

Key Takeaways While lenders are still awaiting further guidance on PPP loan forgiveness, the SBA has stated that lenders will have to submit an SBA Form 1502 to report on PPP loans and collect processing fees. Lenders also have the option to key in values or upload the 1502 report directly on the 1502 Dashboard site. What is Form 1502?

Dashboards 78

Dashboards Credit and Collections Credit Risk Small Businesses 78

Emagia

FEBRUARY 20, 2025

Importance of Automating Accounts Receivable In today’s fast-paced business environment, manual AR processes can lead to delays, errors, and inefficiencies. Automating these processes not only enhances accuracy but also ensures timely collections, thereby improving cash flow and reducing the days sales outstanding (DSO).

AR Automation 40

AR Automation Credit and Collections Cash Applicator DSO 40

Emagia

FEBRUARY 20, 2025

Introduction In today’s fast-paced business environment, efficient management of accounts receivable is crucial for maintaining healthy cash flow and ensuring the financial stability of an organization. Real-time Insights Provides dashboards and reports to track receivables, improving financial planning.

AR Automation 40

AR Automation Bad Debt DSO Days Sales Outstanding 40

truly financial

FEBRUARY 16, 2022

O rganizing your expenses at tax time can feel like one of the most complex and frustrating parts of being a small business owner. You have to sort out which expenses are considered tax-deductible for your business’ income, and follow the proper methods for claiming them. But what about your home office?

Deductions 52

Deductions Small Businesses Credit and Collections Dashboards 52

Emagia

FEBRUARY 21, 2025

Accounts receivable (AR) software automates the process of managing and tracking money owed to a business by its customers. It streamlines invoicing, payment collection, and reporting, thereby improving cash flow and reducing manual tasks. API Access : Allow for custom integrations with other business tools.

Payment Portals 40

Payment Portals Accounts Receivable (AR) Days Sales Outstanding Cash Applicator 40

Abrigo

JUNE 23, 2023

You might also like this on-demand webinar on the new CFPB small business data collection rule Watch Takeaway 1 Banks and credit unions often face challenges implementing data warehouses and are not pleased with the result. View live dashboards curated for your teams with Abrigo's banking intelligence solution.

Credit and Collections 78

Credit and Collections Credit Risk Credit Unions Dashboards 78

tillful

JUNE 14, 2023

Looking to learn the ins and outs of Experian business credit scores ? as a consumer credit reporting company, but it also collects information on millions of businesses and provides business credit reporting services. What is an Experian business credit score ? We’ve got you covered.

Credit Scoring 52

Credit Scoring Credit and Collections Bankruptcy Credit Reporting Agencies 52

Fundera

DECEMBER 26, 2018

Corporate prepaid cards can help you control employee spending or access the convenience of a credit card if your credit score isn’t where you want it to be just yet. Finally, we’ll get into the kinds of small business needs this card can help meet. How the Emburse Prepaid Card Works.

Small Businesses 40

Small Businesses Dashboards Credit and Collections Credit Scoring 40

Biz2X

FEBRUARY 21, 2023

Are you seeking a top-notch loan management system for your credit union, small regional, or community bank? Overloaded loan officers are at risk of making mistakes in the pre-qualification, credit decision, and document management processes. Look for dashboards with easy-to-customize components.

Credit Unions 59

Credit Unions Credit and Collections Dashboards Credit Risk 59

Fundera

MARCH 5, 2019

Recurring payments are payments made to your small business in accordance with a predetermined schedule that you create. These types of payments are processed electronically, typically from a customer’s credit or debit card. If the transaction is approved, the credit card network will inform the payment processor.

Credit and Collections 72

Credit and Collections Dashboards Transactions Credit Card Payments 72

Fundera

MAY 1, 2018

No matter your business’s size, age, or legal structure, it’s critical that you open a business checking account. Your business bank account is the financial foundation of your small business: It keeps your business’s working capital secure yet accessible so that you can add to or dip into those funds whenever you want or need.

Small Businesses 45

Small Businesses Transactions Credit and Collections Nonprofit Organizations 45

Eagle Business Credit

SEPTEMBER 9, 2022

When you need working capital to support your small business growth, you may apply for a bank loan or line of credit. Bank financing is desirable for a number of reasons, but often, bank financing can be just out of reach for small business owners. Build Business Credit.

Credit Scoring 52

Credit Scoring Credit and Collections Dashboards Small Businesses 52

Biz2X

NOVEMBER 28, 2022

Serving small businesses is one of the most important ways that community banks deliver value, from offering small business lending to providing critical banking services to these clients. Small business owners and most other borrowers don’t have time to navigate a convoluted lending process.

Dashboards 52

Dashboards Credit and Collections Small Businesses 52

ForwardAI

OCTOBER 17, 2023

Forwardly, an emerging leader in business financial transactions ensures zero debt with its innovative instant and same-day auto-invoice payment collection. Forwardly’s new Automatic Payment feature simplifies the payment collection process for clients and vendors. Originally posted on EINPresswire.

Credit and Collections 52

Credit and Collections Accounting Firms Dashboards Transactions 52

Gaviti

JULY 11, 2024

If you’ve decided your business is ready to move to automating its A/R, you’ll want to find the best A/R automation software, also called invoice to cash software, that suits your needs. Simplify workflows and improve A/R processes such as invoice distribution, tracking payments, credit management, bank reconciliation and dispute management.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52

Gaviti

OCTOBER 10, 2024

For example, autonomous A/R software automates the generation of recurring invoices and remittance, allowing finance teams to focus on collecting invoices from customers that can best optimize and accelerate their company’s cash flow. Automating manual tasks eliminates human error while allowing staff to focus on higher-value tasks.

Invoice to Cash 52

Invoice to Cash Credit and Collections Payment Portals DSO 52

Eagle Business Credit

JUNE 19, 2023

Starting a small business can be an exhilarating and challenging journey. In this article, we will explore eight essential tips to help startup businesses thrive in today’s competitive landscape. Instead, factors evaluate the credit strength of your customers and the quality of your business sales.

Credit and Collections 52

Credit and Collections Invoice Amount Credit Scoring Dashboards 52

Fundera

MAY 30, 2020

You simply build a collection of products in your Shopify store, market your brand, and dropship vendors take care of the rest. Launching a Shopify dropshipping business is similar to a regular ecommerce business in many ways. Don’t have an email address for your business? What Is Shopify Dropshipping?

Dashboards 52

Dashboards Credit and Collections Small Businesses 52

Fundera

FEBRUARY 14, 2019

With an attractive dashboard and auto-scheduled reports, you can make sure anyone on your team has the information they need right at their fingertips. Much like R365, QBO boasts a dashboard and auto-scheduled reports, meaning you can access the information you need in seconds.

Dashboards 83

Dashboards Credit and Collections Transactions Small Businesses 83

Fundera

AUGUST 16, 2019

You can sign up for a free Weebly account directly from their website, no credit card required. . Weebly also allows you to create custom forms, RSVP lists, and surveys to encourage engagement and data collection. . In addition, Weebly tracks your visitors and website statistics, displaying them through your Weebly dashboard.

Credit and Collections 71

Credit and Collections Dashboards Small Businesses Credit Card Payments 71

Fundera

JANUARY 3, 2019

This is ideal for ecommerce rookies—especially those who are also small business owners. But does BigCommerce’s ease of use and popularity make it the right choice for your small business, as opposed to a different provider? Once you sign up, you will be able to log in and access your store dashboard and control panel.

Dashboards 40

Dashboards Credit and Collections Credit Card Payments Small Businesses 40

Fundera

APRIL 25, 2019

Shopify and Squarespace are two of the biggest ecommerce platforms on the market today, since both make it easy for small business owners to create their online stores or websites without needing any coding experience. But how do you know whether Shopify vs. Squarespace is the right online store platform for your business?

Dashboards 50

Dashboards Credit and Collections Transactions Small Businesses 50

Fundera

DECEMBER 20, 2019

Simply click “Plugins” and “Add New” in your WordPress dashboard. To begin setting up your WooCommerce POS plugin, click on “POS” in the left-hand menu of your WordPress dashboard. However, if you need to define POS-only and online-only items in your collection, you can set POS availability in your WooCommerce product edit screen.

Dashboards 52

Dashboards Credit Card Payments Credit and Collections Default 52