Tue.Apr 16, 2024

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Is Your Collection Agency a Good Fit?

Your Virtual Credit Manager

Despite advances in workflow automation and payment technology, collecting commercial receivables is not getting any easier. Despite improvements in order-to-cash (O2C) processing, the explosion in digital payment mechanisms creates new complications. In addition, the regulatory environment is growing, as is the number of invoices being disputed by customers.

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Aryza Group Appoints New Non-Executive Directors 

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Aryza Group Appoints New Non-Executive Directors Aryza Group, announces the appointments of two new Non-Executive Directors, Michael McAteer and Tamara McMillen. Michael brings broad experience from Grant Thornton across a range of accounting and financial restructuring disciplines, advising Irish and cross border businesses on best practices in the retail, leisure, construction and IT sectors.

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International Expansion: A Guide for Small Businesses

biz2credit

In this article, we cover: How Can a Small Business Expand Internationally? Steps for Expanding into an International Market Funding growth across geographical borders Expanding into international markets can be a lucrative opportunity for small businesses looking to fuel growth and expansion by broadening their customer base and increasing revenue streams.

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United Airlines records $200m hit from Boeing grounding

Due

United Airlines’ First-Quarter 2024 Financial Results show the impact of the Boeing 737 MAX 9 grounding. The financial report is a stark look at the way the commercial aviation provider has been hit since a mechanical fault forced a plane to land. United Records Financial Hit The Federal Aviation Administration (FAA) was quick to act after an Alaskan Airline flight had a malfunction whilst it was in the air.

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LSQ Creates $25MM Invoice Finance Credit Facility for Global Pharmaceutical Manufacturer

lsq

ORLANDO, Fla. (April 16, 2024) – LSQ, a leading provider of working capital finance and payments solutions, recently originated a $25 million invoice finance facility for the U.S. operations of a global pharmaceutical manufacturer. The company was referred to LSQ by a broker partner when the client outgrew its existing line of credit with its bank partner.

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Man Faces $70M Medicare Fraud Scheme Charges

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A Mississippi man has been charged with multiple offenses relating to $70 million Medicare fraud by the Justice Department. An indictment was unsealed in Tampa last week for Joel Rufus French, 46, who appeared when summoned in Oxford, Mississippi. The FBI Tampa Field Office and HHS-OIG are investigating the case. Man charged with millions of dollars of fraud French allegedly used bribes to obtain doctors’ orders to obtain unnecessary amounts of durable medical equipment (DME).

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Trapped by a Financial Predator: Escaping the Clutches of a Scam Advisor

Due

Have you, or someone you care about, been trapped by a financial predator? Don’t beat yourself up too much — you’re far from alone. Financial scams don’t just target the most vulnerable or gullible among us. The best con artists are the ones who know exactly what they’re doing, whether it’s a debt collection, credit card phishing , or imposter scam.

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Technology trends for the factoring industry

aptic

As a factoring provider, you already know how much is happening in the industry. Both customer needs and technological developments are advancing faster than ever. To avoid being left behind, it’s important to understand how technology affects all changes. At the same time, it’s important to recognise the new opportunities it brings. As a result, we’ve taken a look at the latest technology trends in the factoring industry.

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Meditation: mastering calm in daily chaos

Due

Letting the day take control of us in the hustle and bustle of our daily lives is easy. We often find ourselves on the back foot, our minds wandering down rabbit holes of anxiety and stress. This is a common experience for many, and pulling ourselves out of this mental quagmire can be challenging. However, there is a powerful tool at our disposal that can help us regain control and navigate our day with more calm and focus: meditation.

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Aryza Group Launches Aryza Engage: Pioneering Consumer Engagement Software in the Canadian Market 

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Aryza Group Launches Aryza Engage: Pioneering Consumer Engagement Software in the Canadian Market Aryza has announced the launch of Aryza Engage , an innovative platform designed to empower consumers and Licensed Insolvency Trustee organizations in Canada. Aryza Engage is a cutting-edge software platform that aims to redefine how consumers interact with and understand their insolvency solutions.