RMAi Blog
OCTOBER 22, 2024
Earlier today, the New York City Department of Consumer & Worker Protection (DCWP) announced that they are going to delay enforcement of the new Debt Collector Rules until April 1, 2025. The announcement came just two business days after a lawsuit challenging the legality of the new rule was filed, which RMAI reported on in an earlier Member Alert.
Your Virtual Credit Manager
OCTOBER 22, 2024
When we first think about credit risk, our minds focus on the financial status of the company in question. To manage the risk that a customer might default, companies implement credit and collection policies and procedures. Those policies and procedures, however, also need to include practices designed to mitigate the risk of fraudulent transactions.
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Chaser
OCTOBER 22, 2024
As Chaser celebrates its 10th anniversary, it's moving to reflect on how far the software and team have come, especially since my first year as CEO. What started as a simple idea to help businesses follow up on overdue invoices has grown into a fully automated accounts receivables platform, helping thousands of businesses around the world to bring their revenue in on time.
Biz2X
OCTOBER 22, 2024
Reading Time: 4 minutes Loans backed by the U.S. Small Business Administration (SBA) have seen significant growth over the last few years, with SBA 7(a) loan volume more than doubling over the last three years. While facilitating an excellent opportunity for small business owners, (SBA) lending also creates an opportunity for banks and lenders. In fact, the competitive edge gained through SBA partnerships enables alternative lenders and smaller financial institutions, like community banks, to si
Due
OCTOBER 22, 2024
Goldman Sachs, a titan in investment banking, securities, and investment management, recently made a forecast that has left many investors scratching their heads. The firm predicted a meager 3% return for the S&P 500 over the next decade, which is surprising and alarming for investors who have heavily invested in stocks. The S&P 500’s uncertain future The S&P 500, a stock market index measuring the stock performance of 500 large companies listed on stock exchanges in the United
Reorg Blog
OCTOBER 22, 2024
On Thursday, Nov. 2, at 3:30 p.m. GMT, Reorg will be hosting a credit seminar discussing the primary and distressed markets.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
Cpcmcredit Blog
OCTOBER 22, 2024
With the forthcoming expected increase in CGT there have been the inevitable headlines about how this would deter investment in the UK and make us “uncompetitive” It is true that such a move is certainly not going to be a factor in increasing business investment but the question will always be how significant a negative element it will be?
Due
OCTOBER 22, 2024
Have you ever wondered how some people become millionaires from nothing? While waking up at 5 AM, plunging into ice baths, and exercising every day may help, they aren’t the main reasons for my success. In this post, I will share eight habits that worked for me, which I believe can also help you become a millionaire. 1. Make Failing Fun Make Failing Fun It may seem strange, but I’ve learned to love failure.
Cpcmcredit Blog
OCTOBER 22, 2024
The answers to this will always be subjective and largely dependent on political viewpoints but its worth considering where the UK stands in terms of tax burdens. Given that taxes are spread across many different revenue raising sources, its extremely difficult to draw direct comparisons and of course there will be variations from one jurisdiction to another depending on the level of income earned, so rather than delve into hard analysis, this is an entertaining (as far as the subject of tax can
Due
OCTOBER 22, 2024
People with ADHD, or attention-deficit/hyperactivity disorder, can face a number of challenges when it comes to finances, which can include impulse spending. The first, and arguably most significant, is that people with ADHD tend to have lower levels of a neurotransmitter called dopamine. Dopamine acts as a reward system in the brain, helping people experience pleasure and motivation.
Emagia
OCTOBER 22, 2024
In today’s fast-paced financial services industry, operational efficiency and data accuracy are essential for staying competitive. Traditional methods of manual data entry and document processing can be slow, prone to errors, and costly. To overcome these challenges, many organizations are turning to Intelligent Document Processing (IDP) AI as a transformative solution that not only streamlines operations but also delivers measurable cost savings and improves accuracy across key processes.
biz2credit
OCTOBER 22, 2024
Businesses and residents of multiple states have been negatively impacted in recent weeks, causing billions of dollars in damages and losses for communities across the South and East coast. Rebuilding efforts have started, but the reality is much bleaker for many small businesses. Disaster loans have recently dried up from the SBA, and Congress will not be back in session for a few more weeks.
Abrigo
OCTOBER 22, 2024
Say "thank you" this National FinCrime Fighter Day BSA professionals and financial crime fighters are tasked with the challenge of protecting our financial system daily. October 26 is National Financial Crime Fighter Day , and it’s the perfect time to pause and applaud everything these professionals do. Since we founded the day of recognition in 2018, it’s become an opportunity for the nation to show gratitude for FinCrime fighters’ work in the financial industry.
Accounting Department
OCTOBER 22, 2024
In the fast-paced world of small and medium-sized businesses (SMBs) and startups, reliable accounting services are crucial. Recently, a new trend has emerged—accounting firms operated with the help of venture capital funding. On the surface, these services may appear attractive due to their low costs and initial benefits. However, SMB owners, entrepreneurs, and finance professionals need to tread carefully.
TreviPay
OCTOBER 22, 2024
In financial management, an Accounts Receivable (A/R) Aging Report is a key tool. It helps track unpaid invoices and maintain healthy cash flow. By categorizing receivables based on how long they’ve been outstanding, businesses can make informed decisions to maintain financial stability and avoid cash flow issues. What Is an Accounts Receivable Aging Report?
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