Mon.Apr 15, 2024

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Have you thought about Outsourced Credit Management?

Credit Management Group UK

I have found over the years that many businesses do not have a dedicated credit control department within their business, rather this task is assigned to a role as an added responsibility; this often leads to poor collection activity due to lack of time and training to focus on effectively carrying out credit control. For many businesses it is not deemed feasible to have a credit control department which is entirely understandable, however from experience, those that are left with credit control

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5 Tips for Small Business Owners to Assess and Improve Their Bookkeeping

Due

America’s small businesses face unprecedented challenges. Small business bankruptcy filings increased 78% over the past year, driven by impending changes to bankruptcy law and ongoing uncertainty about the overall economic outlook. Chief among these concerns is whether, when, and by how much the Federal Reserve Bank of the United States will begin cutting interest rates.

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India Cements Aims for ~INR 7.5B NCD Private Placement

Reorg Blog

The India Cements Ltd. a Chennai-based listed cement manufacturer, has mandated Nomura and Bank of America as lead arrangers to privately place around INR 7.5 billion.

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Waystar’s Accelerated Implementation Program: Success stories, metrics + more

Waystar

In the wake of February’s cybersecurity attack , costly disruptions in healthcare payment operations affected healthcare organizations across the U.S. E ven months later, many providers are still fighting to fully regain control of their revenue cycles. But through Waystar’s Accelerated Implementation Program (AIP), tens-of-thousands of providers were able to resume operations and restore cashflow in record time, even submitting claims within 72 business hours of contract execution.

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Continuum Green Promoters Seek Financing

Reorg Blog

Promoters of Continuum Green Energy have appointed Deutsche Bank to help raise debt of $200 mn to partially purchase a 20% to 25% stake from Morgan Stanley Infrastructure Partners.

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Tesla trims workforce by 14,000

Due

Electric automotive giant Tesla is cutting 14,000 jobs as sales have been slowing. Billionaire Elon Musk’s eco-friendly electric car company announced the redundancies, as reported by Elektrek. Musk cuts staff via memo Elon Musk reportedly contacted staff and the memo made it’s way to the mainstream media. Elektrek published the memo Musk compiled that earmarked the car manufacturer cutting 10% of its workforce.

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Adopting financial automation for easier tax seasons

Plooto

Tax season can be extremely intimidating for small business owners. The weighty task of sorting through a year's worth of financial transactions, ensuring accuracy, and meeting deadlines — all while continuing to day-to-day operations — can be stressful enough.

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Seazen, Wanda, and Blessing in Disguise in a Real Estate Boom

Reorg Blog

In real estate, as the saying goes, it’s about location, location, location. Often, it’s also about timing, timing, timing – even if at the time, the timing looks to be all wrong.

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Trump Media stock plummets again

Due

Trump Media & Technology Group Corp (TMGT) shares plummeted after the entity filed to the U.S. Securities and Exchange Commission (SEC) to issue 21 million shares. The parent company of social media platform Truth Social has approached the SEC with a Files S-1 Resale Registration Statement. Trump shares nosedive after announcement The shares in the company ended the day on the stock market a further 18% down on initial trading.

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Greenko Notes Likely to Underperform as Fundamentals Weaken

Reorg Blog

The post Greenko Notes Likely to Underperform as Fundamentals Weaken appeared first on Reorg.

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