Your Virtual Credit Manager

DECEMBER 12, 2023

Recurring Revenue is derived from providing a continuous, ongoing service, such as a subscription, license, rent, or a maintenance contract. It is governed by a contract for a fixed period of time (often one year). If the contract is not cancelled, it can provide steady revenue and cash flow every month, year after year. Recurring revenue is sought by businesses and prized by Wall Street in its valuation of companies.

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Days Sales Outstanding DSO Credit Management Small Businesses 130

TreviPay

DECEMBER 12, 2023

Cultivating a lasting customer experience in B2B hinges on delivering exceptional user experiences (UX) that support a clean, streamlined payments experience. Knowing this, TreviPay’s UX teams use the Stanford Design Method to understand end-user pain points and empathize with them. As one of TreviPay’s Core Values , empathy takes a prominent role in the UX design process.

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Gaviti

DECEMBER 12, 2023

When you shorten your cash flow conversion time, you improve liquidity. You can then use this cash to pay bills on time, increase staffing, invest in research and development, or expand into new markets. These are just some of the uses that make strong cash flow an important metric for determining the health and potential longevity of businesses. The trick is knowing how to reduce cash conversion cycle times while still preserving good relationships with your customers.

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Credit and Collections Invoice to Cash Deductions Cash Applicator 98

Reorg Blog

DECEMBER 12, 2023

In Part I of our debt collector sector review, we discussed the unfavorable nonperforming loan, or NPL, pricing dynamics for debt collectors over the last three years, following nearly a decade of strong pricing in the wake of the global financial crisis. Since we published Part I, the European Central Bank released the second edition of its 2023 Banking stability review, a biannual publication.

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Collector 64

Chaser

DECEMBER 12, 2023

As we approach the end of another remarkable year, I want to take a moment to express my heartfelt gratitude to each and every one of you, our team, consultants, contractors, investors, shareholders, partners and customers. Your unwavering support and dedication have been the driving force behind our collective success. As we stand on the threshold of a new chapter, it's essential to reflect on the milestones we've achieved together.

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Reorg Blog

DECEMBER 12, 2023

The post Court Opinion Review: Mass Tort Settlement Funds, Invictus Charges the Mound, and J&J Goes After the Plaintiffs’ Bar (Again) appeared first on Reorg.

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Reorg Blog

DECEMBER 12, 2023

Sector Alarm third-quarter earnings improved 36% year over year, driven by top-line growth and the group’s increasing portfolio of recurring customers. The acquisition cost per customer continued to rise, climbing 13% year over year during the quarter, but has started to fall sequentially, sources said.

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Lendio

DECEMBER 12, 2023

Are you a skilled mechanic looking to open your own auto repair shop? Or, maybe you’re passionate about cars and interested in starting a business in the automotive industry. Whatever your motivation may be, opening an auto repair shop can be both rewarding and challenging. To help you get started on the right foot, we’ve put together a comprehensive guide on how to start an auto repair shop.

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Small Businesses Transactions 52

Due

DECEMBER 12, 2023

Inflation has been a significant topic of discussion among financial analysts and experts. Monitoring the Consumer Price Index (CPI) is crucial for understanding inflation’s impact on the economy and its implications on monetary policies. This article closely examines the CPI inflation numbers for November, emphasizing key highlights and their possible effects on the market.

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lsq

DECEMBER 12, 2023

QualDoc, an existing customer of Qwil powered by LSQ, recently added an AR finance facility ORLANDO, Fla. (December 12, 2023) – LSQ, a leading provider of working capital and payments management solutions, recently originated a $1 million credit facility for QualDoc, a Richmond, Virginia-based staffing firm. The new facility builds on an existing relationship between LSQ and QualDoc; the company is a long-time user of Qwil powered by LSQ, an integrated payroll finance solution that serves

Credit and Collections 52

Credit and Collections Bankruptcy Small Businesses 52

Reorg Blog

DECEMBER 12, 2023

The post College of Saint Rose Board of Trustees Votes to Cease Academic Instruction at End of 2023-’24 Academic Year; School Will Not Fund Further Interest Payments on Bonds, Effective Jan. 1 appeared first on Reorg.

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lsq

DECEMBER 12, 2023

QualDoc, an existing customer of Qwil powered by LSQ, recently added an AR finance facility ORLANDO, Fla. (December 12, 2023) – LSQ, a leading provider of working capital and payments management solutions, recently originated a $1 million credit facility for QualDoc, a Richmond, Virginia-based staffing firm. The new facility builds on an existing relationship between LSQ and QualDoc; the company is a long-time user of Qwil powered by LSQ, an integrated payroll finance solution that serves

Credit and Collections 52

Credit and Collections Bankruptcy Small Businesses 52

Reorg Blog

DECEMBER 12, 2023

The post Junior Mezz Agent Amends Complaint Against JPM Entities, Loan Guarantors; Alleges Ghermezian Family ‘Secretly’ Retained American Dream Interests After Senior Mezz Lender Foreclosure appeared first on Reorg.

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Cpcmcredit Blog

DECEMBER 12, 2023

The directors of Wilko. This is a story thats going to run and run. At the end of the interrogation by MPs, this was the perfect summary “We’ve heard about a £60m warehouse modernisation that went wrong, a £40m loss on financial derivatives, a process of restructuring rents that didn’t go through. “And despite those problems, we can’t, you can’t, explain why dividends went up I have referred to this story before as I have the saga of Philip Green and on a smaller level, the alleged Ponzi which w

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Reorg Blog

DECEMBER 12, 2023

The post Debt Collector Sector Review (Part II): High Rates, Low NPL Prices Imply Unsustainable Capital Structures; Reorg Constructive on Intrum, DoValue, Arrow Global on RV Basis; Cautious on Lowell, DDM Due to Refinancing and Operating Risk appeared first on Reorg.

Collector 52

Collector 52

Cpcmcredit Blog

DECEMBER 12, 2023

Although geographically quite close to were I live and being fairly near one of my many cycling routes, its been many years since I visited Shepperton Studios. In this country there is a often dismal tendency for many to constantly bemoan “we don’t make anything anymore” (not true) and that “services” are somehow not as vital to the economy as digging coal out the ground This is nonsense of course and as I alluded to before, the forecasted collapse in British indust

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Know-It Global

DECEMBER 12, 2023

The UK Government has published its most recent review into business payments and cash flow. The review, published in November 2023, calls for greater and more transparent reporting for businesses in an attempt to reduce the threatening late payment culture. The report details the context surrounding late payments on UK businesses and the impact it has on cash flow – particularly on small and medium-sized enterprises (SMEs).

Small Businesses 52

Small Businesses 52

Emagia

DECEMBER 12, 2023

Businesses adept at forecasting invoice payment timelines from their customers (AR) find it deeply advantageous in planning the payment of supplier invoices A study by Deloitte reveals a shift in the financial management focus of many CFOs from long-term perspectives of profitability and growth to more immediate business continuity risks and cash flows, particularly during and post-COVID-19 era.

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Cash Forecasting Accounts Receivable (AR) Bad Debt Credit and Collections 52

Reorg Blog

DECEMBER 12, 2023

The post Debt Collector Sector Review (Part II): High Rates, Low NPL Prices Imply Unsustainable Capital Structures; Reorg Constructive on Intrum, DoValue, Arrow Global on RV Basis; Cautious on Lowell, DDM Due to Refinancing and Operating Risk appeared first on Reorg.

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Collector 52

Chaser

DECEMBER 12, 2023

A cash flow statement (CFS) is a financial statement that shows the inflow and outflow of cash in a company over a specified period. It provides valuable information about the liquidity, solvency, and overall financial health of a company.

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Reorg Blog

DECEMBER 12, 2023

The post Sector Alarm Q3 Adj. EBITDA Up 36% YoY to NOK 289M Due to Strong Portfolio EBITDA Growth, Churn Rises to 8.3% but Customer Acquisition Costs Show Signs of Having Peaked appeared first on Reorg.

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