Tue.Sep 24, 2024

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Turning Pressure Into Performance

Your Virtual Credit Manager

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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Balancing College Savings With Other Financial Goals

Due

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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Human-in-the-loop: Enhancing AI in AML/CFT software for competent case management

Abrigo

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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How to Prepare for Economic Fluctuations as a Small Business

Enterprise Recovery

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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Book on to our NEW Commercial Awareness Live Online Training Course

Credit Management Group UK

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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ADC Attends HubSpot INBOUND 2024!

Accounting Department

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

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Eleven firms to pay a combined $88 million to settle mass recordkeeping failures 

Due

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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Top black friday email template for retailers on BigCommerce

Grit

Black Friday is a critical time for retailers to boost their sales. Having the right Black Friday email template can make all the difference. If you’re a retailer on BigCommerce, it’s time to prepare your email campaigns and get ready for the busiest shopping day of the year. In this blog, we’ll look at why Black Friday emails matter and explore different email templates you can use.

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China’s economic measures: global implications

Due

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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How to Avoid Losing Money to Customer Liquidation: Tips and Advice

Know-It Global

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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Diversifying Revenue Streams for a More Secure Retirement

Due

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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TreviPay’s Kauleen Adiutori Featured on 31 Media Podcast

TreviPay

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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CEO of tech startup SKAEL charged for $30 million in fraud

Due

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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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 

Reorg Blog

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.