Due

FEBRUARY 28, 2024

If you asked the average person to list all the things that drive economic growth , “Wall Street” (or some variation) would probably be right at the top. But while that may be true to a certain extent, it’s equally valid to point out that hidden gems drive that same growth in some of the most unexpected places. Paying closer attention to some of these hidden gems creates an opportunity to better understand how far we’ve come and where we might be headed.

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Credit and Collections 111

Lendio

FEBRUARY 28, 2024

It’s time to close the funding gap and open more women-owned small businesses. As of 2020, there were more than 13 million women-owned businesses (including sole proprietorships and employer firms). That sounds like a lot, right? But that number actually hides a trillion-dollar missed opportunity. According to Morgan Stanley , if women-owned (and minority-owned) businesses were funded at the same rate as white male-owned businesses, gross receipts could increase by $4.4 trillion.

Small Businesses 98

Small Businesses Cybersecurity Deductions 98

Accounting Department

FEBRUARY 28, 2024

When you have a small or mid-size business, one of the issues you can run into is not having all the departments a larger company would have. In other words, you might not have dedicated employees for HR, accounting, and other areas. Fortunately, there are ways to outsource a number of services, including client accounting services. This helps keep your company growing and succeeding, without the need to bring on more employees or overwork yourself to get everything done.

Small Businesses 89

Small Businesses 89

Reorg Blog

FEBRUARY 28, 2024

The post Court Opinion Review: The Robertshaw PET Two-Step; a Vastly Undersubscribed Endo GUC Rights Offering; DSG UCC DIP Dilemma; Surging Private Asset Sales; Sorrento Venue Sanctions Denied appeared first on Reorg.

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Bectran

FEBRUARY 28, 2024

As businesses navigate complex financial landscapes, one of the primary challenges that AR and credit management teams face is the sheer volume of data they have to process. The vast amounts of manual processes that traditionally took up significant time and resources are now being targeted for automation, and AI offers a promising path forward. With AI's ability to process data at unprecedented speed and accuracy, tasks such as cash application, credit, collections and dispute management can be

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Credit and Collections Cash Applicator Credit Management 52

Reorg Blog

FEBRUARY 28, 2024

The post McDermott Plan Sanctioned; Judge Criticizes Reficar’s ‘Extraordinary’ Conduct as Fatal to Arguments on Discretion, Relevant Alternative; Judge ‘Horrified’ by $152M Advisor Fees appeared first on Reorg.

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Reorg Blog

FEBRUARY 28, 2024

We recently reported on the upcoming maturity wall that Swedish debt collector Intrum is facing, with €654 million maturing in 2024, at least €1.3 billion maturing in 2025 and €2.1 billion in 2026.

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Collector 52

Chaser

FEBRUARY 28, 2024

For those responsible for managing the cash flow of a business, be it a bustling startup or an established enterprise, the significance of sterling creditworthiness cannot be overstated. It's the backbone of a risk-mitigation strategy that governs how a business extends credit to its customers, ensuring that each transaction is not merely a sale but a financially sound investment.

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Transactions 52

Reorg Blog

FEBRUARY 28, 2024

The post Private Credit Outlook 2024: Increased Deal Volume, More Competition From Liquid Markets, Growing Allocations From Pension Funds appeared first on Reorg.

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