Thu.May 30, 2024

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AccountingDepartment.com Attends VETS24

Accounting Department

Last week, AccountingDepartment.com Business Development Representative, Luke Backus, attended the Veteran Entrepreneur Training Symposium (VETS24) in Orlando, Florida.

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The 10 Best Marketing Automation Tools Available to You

Grit

Most marketers use marketing automation software. However, many start using it too soon before they actually need it. Also, many lists of recommended tools include complex and expensive all-in-one platforms that not every marketing team requires. In this article, we explain how to know if your team is ready for comprehensive marketing automation platforms.

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Elder fraud: Preventing elder financial exploitation at your institution

Abrigo

Elder fraud prevention and education Learn strategies for recognizing and reporting elder fraud and exploitation. Would you like other articles on BSA/AML training in your inbox? Takeaway 1 Elder abuse, exploitation and fraud continue to rise as the baby boomer generation ages. Takeaway 2 Learn to recognize common types of elder abuse and the red flags that may accompany them.

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How to Create a Disaster Recovery Plan for Your Small Business

biz2credit

Disasters can strike at any time, often without warning, and small businesses are particularly vulnerable to the devastating effects of extreme weather events, infrastructure failures, cyberattacks, and other emergencies. Federal funding in the form of disaster loans is available to help SMBs deal with the aftermath of an emergency. But preparing for these potential disruptions … Continue reading "How to Create a Disaster Recovery Plan for Your Small Business" The post How to Create a Disa

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Preventing the Tug of War: Gaining Financial Operational Efficiency Post Acquisition

lsq

The initial 12 months post acquisition tend to be the most challenging for a private equity firm – and the portco. Operational and working capital hurdles can put revenue growth at a standstill, quell ROI, and limit enterprise value. To help PE firms and portcos overcome these obstacles, LSQ has partnered with OneRock Capital to present Preventing the Tug of War: Gaining Financial Operational Efficiency Post Acquisition.

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Understanding the Debt-Service Coverage Ratio

Lendio

Lenders use the debt-service coverage ratio (DSCR) to determine whether your business qualifies for a loan and under what terms. This is just one metric that financial teams consider (along with factors like your credit score and tax returns), but it is vital because it helps you get a fair rate and approval for your request. Your DSCR highlights any existing debt you may have and if you can realistically pay it off.

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Increasing Your Credit Score & Improving Your Credit

Credit Absolute

Understanding Your Credit Score If you’re trying to perfect your credit score, it’s important first to understand what makes up your credit report and credit score. Your credit score is determined by an advanced algorithm developed by FICO and pulls the data from your credit report to determine your score. When calculating your credit score, […] The post Increasing Your Credit Score & Improving Your Credit appeared first on Credit Absolute.

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Why Does Email Marketing and Automation is Important?

Grit

You added email to your app, but how can you optimize user engagement? The answer is email marketing and automation. This allows you to send triggered emails based on user behaviors or schedules, elevating your email program with minimal extra work. Let’s explore email automation – what it is, why it is important, and how to implement it effectively.

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LSQ Creates $3MM Invoice Finance Facility for N.J.-based Aerospace Manufacturing Firm

lsq

ORLANDO, Fla. (May 30, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently originated a $3 million accounts receivable credit facility for an aerospace manufacturer based in New Jersey. The company was referred to LSQ by a former client. As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management.

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Why You Should Customize Your BigCommerce Out of Stock Message

Grit

When a product is out of stock on your online store, you want to let customers know right away. The standard “Out of Stock” message on BigCommerce may seem basic. But customizing this message can actually help improve your store’s customer experience. A well-written out of stock notice provides clear information to shoppers. It can also encourage them to stay on your site or come back later when the item is available again.

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Preventing the Tug of War: Gaining Financial Operational Efficiency Post Acquisition

lsq

The initial 12 months post acquisition tend to be the most challenging for a private equity firm – and the portco. Operational and working capital hurdles can put revenue growth at a standstill, quell ROI, and limit enterprise value. To help PE firms and portcos overcome these obstacles, LSQ has partnered with OneRock Capital to present Preventing the Tug of War: Gaining Financial Operational Efficiency Post Acquisition.

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BigCommerce Tasks Automation: Optimize Your E-commerce Site

Grit

When your small business starts growing, the systems and processes can get more complicated and messy. You may find yourself overwhelmed by hundreds of small, repeated tasks. However, by automating the processes for your online store, most or all of these manual, repeated tasks can happen by themselves without people doing them. The great thing is that with eCommerce tasks automation , your team won’t have to spend time on those repeated tasks.

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Elon Musk agrees to testify in SEC probe of $44 billion Twitter deal

Due

Billionaire Elon Musk has agreed to testify in the Securities and Exchange Commission (SEC) probe on the deal to buy Twitter for $44 billion. The SEC, a regulatory body known for its thorough investigations, had initially pressured Musk on multiple attempts to uncover the truth about the deal behind the 2022 social media platform sale. The regulator filed a subpoena for Musk in October 2023 after he failed to give information to the investigation into the purchase.

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LSQ Creates $3MM Invoice Finance Facility for N.J.-based Aerospace Manufacturing Firm

lsq

ORLANDO, Fla. (May 30, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently originated a $3 million accounts receivable credit facility for an aerospace manufacturer based in New Jersey. The company was referred to LSQ by a former client. As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management.

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Kohl’s Q1 financials cause shares to slump

Due

Kohl’s, the household United States department store, has recorded a slump in shares due to a poor earnings report. The chain’s First Quarter Fiscal 2024 Financial Results, announced with little fanfare, have surprised Wall Street with their underwhelming performance. Shares in Kohls seen shares hit by as much as 25% after the earnings report and call was publicized.

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