Tue.Feb 06, 2024

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Avoid Falling Into These 7 AR Management Traps

Your Virtual Credit Manager

As a small business owner or executive, managing accounts receivable (AR) and navigating through various credit decisions is an integral part of the job. After all, credit and collections is essential to the performance of your order-to-cash (O2C) process and cash conversion cycle. From processing credit applications to negotiating payment plans, each AR activity you undertake requires thoughtful consideration.

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What is the 100-Envelope Challenge? A Fun Way to Save $5,050

Due

Millions of TikTok users were captivated by the 100- envelope money-saving. There’s a good reason for that. Americans have a median savings account balance of $1,200, according to a Motley Fool survey. Aside from that, median savings balances dropped from $4,500, and average savings balances are down from $35,366. Nevertheless, people can save a whopping $5,050 just by participating in this challenge.

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Member business lending: How to leverage MBL for credit union growth

Abrigo

Develop an MBL program while mitigating risk Credit unions looking for alternate paths to growth in today's rising rate environment may be primed to leverage member business lending. You might also like this upcoming webinar, "Relationship banking: 7 Keys to extraordinary results." Register Takeaway 1 Credit unions developing or tightening up an existing MBL strategy should start by engaging the board of directors to outline goals.

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Atos FAQ: Lessons Learnt on New French Restructuring Regime

Reorg Blog

Bond investors in French IT group Atos are concerned about being primed as the company progresses in debt talks with its lenders. Atos is urgently working to execute a business split accompanied by an equity raise as it has imminent debt maturities in 2024 and 2025. Some elements of Atos’ negotiations echo recent restructuring events in France, including French care home operator Orpea and French food retailer Casino.

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Why boosting your check fraud prevention is worth the effort

Abrigo

4 Reasons better check fraud prevention is a good investment Check fraud is on the rise. Learn how you can save time and money in the long run by updating check fraud prevention capabilities today. You might also like this on-demand webinar explaining how fraudsters use checks to their advantage. WATCH Takeaway 1 Check fraud prevention is critical, especially as this costly fraud typology continues to trend upward in financial institutions.

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I’ve got a much better view of what the * is going on in my company

blue dot counseling

The big issue was the relationship between dividends, Maggie's director's account and the money she draws from the company. The post I’ve got a much better view of what the * is going on in my company appeared first on Blue Dot Consulting.

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Navigating Loan Origination Technology: A Guide to Automation and Efficiency 

Biz2X

Reading Time: 3 minutes The landscape of loan origination has undergone significant transformation over the last few years, with automation, artificial intelligence (AI), and digital processes becoming increasingly central. The right loan origination system (LOS) must not only align with current technological advancements and banking regulations but also anticipate future developments.

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Forwardly Announces “Love at First Demo” – An App Speed Dating Event for Accountants

ForwardAI

Originally posted on EINPresswire The free virtual event promises to showcase the latest in accounting technology, as well as special giveaways and sweetheart deals from participating companies. CLAYMONT, DELAWARE, UNITED STATES, February 6, 2024 / EINPresswire.com / — Forwardly, the instant payment solution for small to medium-sized businesses and accounting firms, is excited to announce the “ Love at First Demo ” event, a unique speed demo experience for accounting professionals.

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Decoding Real Returns on Your Investments

Due

Understanding the real returns on your investments Investing in financial instruments such as money market CDs, short treasuries, or high-yield savings accounts yielding 5% may seem lucrative. However, investors must comprehend what they’re actually receiving after taxes. The tax bracket an investor falls into significantly impacts their after-tax returns.

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Children’s Paradise Preschool and Infant Centers: Nurturing Imagination, Building Communities, and Achieving Success with SBA 504 Financing

TMC Financing

In the heart of San Diego County, Children’s Paradise Preschool and Infant Centers have been a beacon of early childhood education and care since their inception in 1993. The company. The post Children’s Paradise Preschool and Infant Centers: Nurturing Imagination, Building Communities, and Achieving Success with SBA 504 Financing appeared first on TMC Financing.

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Taking Both Roads to Recovery: History & Future of Double Dip Transactions

Reorg Blog

Editor’s Note: The latest in Reorg’s Expert Views series, an article written by Suzzanne Uhland, Senet Bischoff, Alfred Xue and Hugh Murtagh of Latham & Watkins, is below. Reorg’s coverage of Double Dips is HERE. I.

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My DSO Manager at the British Credit Awards

Credit Tools

On February 1st, My DSO Manager's team attended the British Credit Awards hosted by The Chartered Institute of Credit Management in London. Let's take a look at this wonderful night !

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The overlooked link between customer satisfaction and timely payments

Chaser

Cash flow problems pose a serious threat to small to medium-sized enterprises (SMEs). Indeed, research show s these issues can even cause profitable businesses to go insolvent. Slow or delayed payments are one of the most significant contributors to cash flow problems, making them a problem you can’t ignore.

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BPP Education Receives Bidder Inbounds From H&F, TA, KKR as Owner TDR Mandates Morgan Stanley, Houlihan Lokey for Exit

Reorg Blog

The post BPP Education Receives Bidder Inbounds From H&F, TA, KKR as Owner TDR Mandates Morgan Stanley, Houlihan Lokey for Exit appeared first on Reorg.

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BPP Education Receives Bidder Inbounds From H&F, TA, KKR

Reorg Blog

TDR Capital has mandated Morgan Stanley and Houlihan Lokey to sell its U.K.-based education business BPP Education, sources told Reorg.

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Atos FAQ: Lessons Learnt on New French Restructuring Regime, Class Composition From Orpea, Casino Cases

Reorg Blog

Legal Research: Chetna Mistry Credit Research: Giulia Rusconi Reporting: Andrew Ross Relevant Documents: Atos 2029 Bonds Prospectus Atos 2025/2028 Bonds Prospectus Bond investors in French IT group Atos are concerned about being primed as the company progresses in debt talks with its lenders.

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KKR Preps Upfield Exit With Citi and Goldman Sachs Advising

Reorg Blog

KKR is preparing to exit Upfield, also known as Flora Foods, a Dutch food company owning multiple brands of margarine, food spreads and plant-based foods, including Flora and Blue Band.

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