Your Virtual Credit Manager

SEPTEMBER 24, 2024

Credit and collections management too often involves simultaneously handling multiple urgent tasks that demand immediate attention. It is more common to face sudden crises or fire drills than to have long, uninterrupted periods to work on important projects. This constant pressure is one of the greatest challenges executives with accounts receivable (AR) responsibilities face—navigating urgent issues while still keeping focused on the strategic goals that drive long-term success.

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Accounts Receivable (AR) Credit and Collections Credit Management Credit Risk 130

Abrigo

SEPTEMBER 24, 2024

When AI complements human decision-making Human oversight, often called a human-in-the-loop approach, remains important as AI increasingly enhances AML/CFT software. You might also like this checklist, "6 steps for compliance with the new AML/CFT program rules." DOWNLOAD Takeaway 1 A human-in-the-loop approach plays a vital role in ensuring that AI systems effectively support alert and case management for AML/CFT suspicious activity monitoring.

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Transactions 78

Enterprise Recovery

SEPTEMBER 24, 2024

With the announcement that the Federal Reserve cut interest rates by half a percentage point, inflation and interest rates are a primary news topic. If you own a small business, these economic fluctuations can have significant impacts. Understanding these cycles is vital to anticipate changes in the market and adjust business development strategies accordingly.

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Small Businesses 61

Grit

SEPTEMBER 24, 2024

Backorder processing can be a time-consuming and error-prone task for many businesses. However, this process can be streamlined and automated with the right tools and strategies. In this post, we’ll explore using the BackOrder app, a powerful automation solution, to simplify your backorders workflow. By following these steps, you’ll be able to reduce manual work, minimize errors, and improve customer satisfaction.

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Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

Cash Applicator

Due

SEPTEMBER 24, 2024

Twelve firms, which are comprised of broker-dealers, investment advisers, and one dually registered broker-dealer and investment adviser, have been subject to Securities and Exchange Commission (SEC) charges totaling $88 million. The charges come as the SEC saw the collective in breach of multiple federal securities laws. One of the twelve firms, Qatalyst, will not be given a financial penalty alongside the other eleven entities as they reportedly “self-reported, self-policed, and demonstrated s

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Due

SEPTEMBER 24, 2024

The global market is an interconnected web of economies, where a significant shift in one can create ripples that affect all. This is particularly true when the shift originates from a major player like China, the world’s second-largest economy. Recently, China’s central bank announced a series of emergency measures in response to a significant downturn in its real estate market.

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Know-It Global

SEPTEMBER 24, 2024

Dealing with a customer who has gone into liquidation or closed their business while owing you money is one of the most challenging situations a business can face. Unfortunately, it’s not uncommon, and the consequences can be severe—impacting your cash flow, profitability, and even the overall sustainability of your business. However, with the right strategies in place, you can minimise the risk of finding yourself in this difficult position.

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Bankruptcy Credit Scoring Deductions 52

Due

SEPTEMBER 24, 2024

The former CEO of a tech startup named SKAEL Inc, (SKAEL) faced charges as a result of a Securities and Exchange Commission (SEC) investigation. The SEC alleges that Baba Nadimpalli, the former founder of this company, who is based in San Francisco, is culpable of $30 million in fraud and financial damages. Former CEO faces $30m fraud charges According to the SEC report, SKAEL started as a private technology company that developed business automation software.

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TreviPay

SEPTEMBER 24, 2024

TreviPay’s Chief Operating Officer, Kauleen Adiutori , recently appeared on a podcast with 31 Media , in collaboration with the Digital Transformation Awards and AI Summit and Awards. In the episode, “How to Leverage Automation to Optimize Order-to-Cash,” Kauleen discusses the benefits of automation and robotic process automation (RPA) in B2B payments.

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Order to Cash 52

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Finance Transformation Myths Busted Over 75% of organizations struggle to define the right success metrics to benchmark the impact of their finance transformation investment. Whether you are just initiating your digital transformation journey or planning to pitch your next AI project to leadership, without the right metrics and a rigorous tracking process - all your efforts might go to waste!

AR Metrics

Due

SEPTEMBER 24, 2024

Given the rising costs of higher education, saving for college is a vital goal. However, it is just one piece of the larger financial puzzle you must navigate. Retirement, emergency funds, debt repayments, and other obligations also actively compete for your attention and resources. Achieving this delicate balancing act requires a deep understanding of how different objectives can coexist harmoniously within a comprehensive plan.

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Credit Management Group UK

SEPTEMBER 24, 2024

We have recently introduced three new live online training courses. Our third one we would like to introduce is for anyone working in the Commercial Industry. There is currently and introductory offer of £99 + vat. Commercial Awareness Training Who will benefit? Anyone who would benefit for a greater understanding of contract law and how to practically apply it to their role and business to reduce risk and improve cashflow.

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Credit Management 52

Reorg Blog

SEPTEMBER 24, 2024

The post Legal Analysis: Sunac Scheme Provides Guidance Around Sanction Considerations; US Bankruptcy Court Queries Sunac’s COMI Under Ch15 Recognition, Supplemental Declaration Filed to Bolster Hong Kong COMI Argument appeared first on Reorg.

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Bankruptcy 52

Accounting Department

SEPTEMBER 24, 2024

Last week, Andrea and Mike of AccountingDepartment.com's Marketing Team, traveled to Boston for HubSpot's INBOUND show.

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Due

SEPTEMBER 24, 2024

Once perceived as a time of comfort, leisure, and freedom from the rat race’s burdens, retirement is transforming. For today’s retirement planners and retirees, the definition of retirement is more complex than it once was. An uncertain economic environment, volatility, changing technology, and evolving financial landscapes collide with a rising global lifespan.

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Credit Scoring Deductions Small Businesses 52