Tue.Jun 04, 2024

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The Nine Essentials of a Successful Collection Call

Your Virtual Credit Manager

Successful collections require the coordination of a variety of activities: timely and accurate invoices and payment posting, monthly statements, email reminders and other dunning notices as well as telephone calls. Of all these items, making the necessary phone calls generates the greatest value in respect to recovering past due invoices. Photo by David Hahn on Unsplash While all these things can be very effective in the soliciting of payments for a large proportion of your receivables, especia

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Key takeaways from ThinkBIG 2024: Insights for banks and credit unions

Abrigo

Navigating credit quality, compliance, and technology integration The ThinkBIG conference hosted by Abrigo fosters networking and professional development for bankers. Read some hot topics discussed by the conference's opening panel. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for risk management and compliance.

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Campaign for Fairer Gambling finds $9.5 billion in untaxed illegal gambling profits

Due

Campaign for Fairer Gambling (CFG) has released a report that finds that billions of dollars are not being taxed on illegal gambling gains. The report was conducted in connection with Yield Sec (YS), a financial reporting and business analyst in the United States. It broke down three states with varying levels of regulation on digital gambling. Three states analyzed for gambling tax revenue New Jersey, New York, and Minnesota were the three states in question.

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How to make the most of Xerocon London 2024 | 5 tips

Chaser

Next week, on the 12th and 13th of June, thousands of accountants, bookkeepers, and finance professionals from the UK, Europe, and beyond will gather for Xerocon London 2024. This event is a must-attend for Xero users and app partners, as it offers a prime opportunity to delve into the latest trends, updates, and enhancements in the Xero ecosystem, while also facilitating valuable networking with peers and Xero experts.

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Global whiskey market to make $37.53 billion across the next 4 years according to report

Due

American-made whiskey is leading a surge in the global market for amber nectar. Global whiskey market trends estimate a $37.53 billion surge over the next four years. The much-loved spirit is set to soar according to new market research undertaken by Technavio. The analyst has over 17,000 Market research reports covering 800 technologies in 50 countries, so it knows a thing or two about the rising tide of whiskey in the global market.

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How To Find Small Businesses For Sale

Lendio

You may have decided to buy an existing business after it popped up on your radar. But more likely, you’ll have to look for a business that is for sale. You can find businesses for sale via: Business brokers Networks and small business associations Your current employer Directory listings Advertisements 1. Hire a business broker. A business broker is similar to a real estate agent.

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21 Places to Find Freelance Gigs

Lendio

Freelancers. Contractors. Sole proprietors. Solo-entrepreneurs. Participants in the gig economy. There are several names for what you do, but they all reflect one idea: you work for yourself, find your own clients, and are responsible for your success. While others may find this idea terrifying, you navigate your career with confidence, always looking for new ways to grow your income—and you’re not alone.

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Increase Customer Retention with BigCommerce Back in Stock Notification

Grit

Ecommerce businesses face constant challenges in keeping customers engaged and satisfied. One powerful tool to boost customer retention is the BigCommerce back in stock notification. According to a study, 88% of online shoppers are less likely to return to a site after a bad experience. To combat this, back in stock notifications can provide a seamless shopping experience, ensuring customers are informed and happy.

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Cross-Collateralization: What is it and How Does it Work?

Lendio

As a small business owner, you’re probably familiar with at least a few of the many loan products available. Many lenders require you to offer an asset to secure a debt. As time goes by, you might find yourself securing multiple loans with the same asset—a process called cross-collateralization. Cross-collateralization is fairly common—“second mortgages” are a popular form of cross-collateralization, for example.

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The Ultimate Guide: Top 5 Business Credit Cards With No Personal Guarantee in 2024

The Red Spectrum

Managing finances can often be a balancing act for small business owners and entrepreneurs. A business credit card with no personal guarantee is one crucial tool that can simplify this process. Unlike traditional business credit cards, these unique financial products do not require cardholders to back the debt with their assets. This can be a game-changer for many business owners looking to protect their finances while leveraging credit for business growth.0 The Benefits for Small Business Owner

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Retirement Plan Compliance: A Checklist for Small-Business Owners

Due

Small companies often have a family-like feel. Employers want to ensure their workers have a plan in place for retirement and long-term financial planning. Small businesses can offer a 401(k) plan or match contributions to spur savings. Tax laws and regulations can make offering a 401(k) complex. Some businesses turn to alternatives such as payroll deduction for IRA, where employees can allocate a certain amount of their check directly into their savings.

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Academic Roundup 2023-2024 With the Harvard Law School Bankruptcy Roundtable

Reorg Blog

Discover key insights from the 2023-2024 Academic Roundup with Harvard Law School Bankruptcy Roundtable, featuring analyses on evolving bankruptcy trends and international insolvency.

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Embracing authenticity for self-acceptance

Due

In the pursuit of self-acceptance and comfort in our own skin, we must grapple with a fundamental truth: we will never be liked by everyone. This seemingly simple realization is a profound one that can significantly impact our journey toward self-acceptance and authenticity. The paradox of acceptance Ironically, while we understand that we can’t possibly like everyone we encounter, we still harbor the desire to be universally liked.

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Oak Hill Advisors Leads $565M Debt Package to Back GTCR’s Purchase of Surmodics; Pricing on the Term Loan at SOFR+500 Bps

Reorg Blog

The post Oak Hill Advisors Leads $565M Debt Package to Back GTCR’s Purchase of Surmodics; Pricing on the Term Loan at SOFR+500 Bps appeared first on Reorg.

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Exploring sound’s role in cinematic storytelling

Due

The world of cinema is a realm of endless possibilities where stories are told through visuals and sounds. The auditory aspect of films, often overlooked, plays a crucial role in shaping the viewer’s experience. This exploration delves into the significance of dramatic music, alien sounds, and explosions in cinematic storytelling, investigating their impact on the narrative and the audience’s perception.

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Will an ECB Cut be the Catalyst That Moves Currency Markets?

Loomis Sayles Credit Research

The European Central Bank has signaled that it will cut interest rates at its meeting this week, potentially starting a proper cutting cycle ahead of the Federal Reserve for the first time since the ECB’s inception in 1998. The ECB’s messaging generated some market excitement about a widening interest rate differential and its impact on currency movements.

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Gold’s surge: geopolitics and financial implications

Due

The year 2022 was marked by an extraordinary surge in gold prices, reaching record-breaking highs. It wasn’t just the result of market dynamics or investor sentiment. Instead, it’s deeply rooted in geopolitical events and strategic decisions made by foreign governments. The spark that ignited this shift was Russia’s invasion of Ukraine, leading to a domino effect of foreign governments moving their assets from U.S. treasuries to gold.

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APAC Transcript Roundup: May 28 – June 3

Reorg Blog

The post APAC Transcript Roundup: May 28 – June 3 appeared first on Reorg.

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How low can a bank go?

Cpcmcredit Blog

Firstly the current allegations are just that. Allegations But on the other hand An independent expert has identified $9.6bn of foreign exchange transactions with individuals and companies designated by the US government as funding “terror groups”, including Hezbollah, Hamas, al-Qaeda and the Taliban. If these allegations are proven, then the repercussions for Osbourne and Cameron would be interesting given that they lobbied hard on Standard Chartered behalf when they first came to light a decad