Fri.Feb 21, 2025

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Sponsored Post: Now Available: TransUnion’s Debt Collection Annual Report

RMAi Blog

The TransUnion Debt Collection Annual Report highlights detailed stats and key takeaways we believe youll find both interesting and informative, including: A significant increase in the use of SMS/text messaging and email for consumer outreach A heightened focus on online self-service options driven by convenience and efficiency Expansion of agencies into new credit product verticals and untapped geographic markets New challenges arising from the rising costs of recruiting and retaining huma

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Maximizing CECL data for strategic insights

Abrigo

Making the most of data developed for CECL See how banks, credit unions, and other financial institutions can leverage data developed and used for the CECL model for stress testing and strategic insight. Key topics covered in this post: The "burden" of CECL data collection is now a blessing Better comparisons with peers Use prepayment studies for ALM & pricing insight Utilize CECL data for stress testing 5 ways to use data developed for the expected credit loss model As CECL was first being

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Sole Proprietor vs. LLC vs. S-Corp

CreditStrong for Business

Your choice of legal entity structure has significant implications for your business. Most importantly, it affects the taxes on your earnings and the degree to which you and any other owners are personally liable for your businesss debts. Heres what you need to know about the differences between operating as a sole proprietor vs. a limited liability company (LLC) vs. an S-Corp to decide which one is right for your business.

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Retirement Risk Management: How to Protect Your Nest Egg from Market Swing

Due

Retirement risk management is an integral part of everyones life that should not be taken lightly. Your retirement might seem far away, but preparing and managing your retirement fund is crucial. For you to have a carefree retirement, you will need to be mindful of various factors, such as market fluctuations, financial stability, and risk mitigation strategies.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

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.

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Do I Need Small Business Insurance?

CreditStrong for Business

Most types of small business insurances are optional, but your states laws can require specific types of coverage in some situations. However, even when its not mandatory, you should consider getting it anyway. Heres what you need to know to figure out whether you need small business insurance, including the most popular types of policies, when theyre legally necessary, and what can happen if you dont have them.

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Credit Compass: Mapping the Markets as Conditions Evolve

Loomis Sayles Credit Research

Fixed income investors are navigating the delicate balance between a supportive macroeconomic environment and tight spreads. Geopolitical risks and other variables loom ahead. Where will the economy and markets go from here? Click the image below to learn how our investors are thinking about credit markets, opportunities and risks in the coming months.

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Can Accounts Receivable Be Automated?

Emagia

In today’s rapidly evolving financial landscape, businesses are continually seeking ways to enhance efficiency and optimize cash flow. One critical area ripe for innovation is accounts receivable (AR) management. The question, “Can accounts receivable be automated?” is not only pertinent but also essential for organizations aiming to streamline operations and maintain a competitive edge.

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Trump Proposes Closing Carried Interest Tax Loophole for Hedge Fund Managers

Due

A significant tax policy change has been proposed targeting the controversial carried interest tax loophole that has historically benefited hedge fund managers. This proposal addresses the disparity between tax rates paid by hedge fund executives and ordinary workers. Understanding the Current System Hedge fund compensation operates on a “two and twenty” fee structure: 2% annual expense ratio for managing assets 20% of all investor profits as performance fees For large hedge funds ma

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How Do You Keep Track of Accounts Receivable?

Emagia

Managing accounts receivable (AR) is crucial for maintaining a healthy cash flow and ensuring the financial stability of a business. Effective tracking of AR involves implementing clear processes, utilizing appropriate tools, and regularly monitoring key performance indicators (KPIs). This comprehensive guide delves into the best practices, tools, and strategies to efficiently manage and track your accounts receivable.

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Elon Musk Challenges ChatGPT with Grok-3

Due

Last year, Elon Musk, CEO of Tesla, X, and SpaceX and a member of the Trump administration team, founded a startup called xAI to challenge OpenAI’s dominance of ChatGPT. While ChatGPT and other AI models are by far the most popular, Musk and his team released the latest version of their AI, Grok-3. What is Grok-3? Grok is the AI developed by xAI, and Grok-3 is the third and most sophisticated model yet.

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Top 9 Benefits of Accounts Receivable (AR) Automation

Emagia

In today’s rapidly evolving financial landscape, businesses are continually seeking ways to enhance efficiency, reduce operational costs, and improve cash flow. Accounts Receivable (AR) automation has emerged as a pivotal solution, transforming traditional AR processes through technological advancements. This comprehensive guide delves into the top nine benefits of AR automation, providing insights into how it can revolutionize your financial operations. 1.

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Best Accounts Receivable (AR) Automation Software Vendor

Emagia

In today’s fast-paced business environment, efficient management of accounts receivable (AR) is crucial for maintaining healthy cash flow and ensuring the financial stability of an organization. Manual processes can be time-consuming and prone to errors, leading to delayed payments and strained customer relationships. To address these challenges, many companies are turning to accounts receivable automation software.

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How to Choose the Best Accounts Receivable Software

Emagia

Selecting the right accounts receivable software is crucial for optimizing your business’s financial processes and ensuring a healthy cash flow. This comprehensive guide will walk you through everything you need to know to make an informed decision. Introduction to Accounts Receivable Software Understanding the fundamentals of accounts receivable software is the first step in choosing the best solution for your business.