Wed.Feb 14, 2024

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The 3 Keys to Scaling Efficiently for Forward-Thinking CFOs

Plooto

As a CFO, watching your business evolve and grow is an incredibly rewarding experience, but it also presents new challenges to overcome to keep that growth sustainable in the future. What worked for you and your finance team up to this point may not be enough to manage the complexities that come with continued growth. Your own role will also evolve as priorities shift and your responsibilities change with the nature, and scale of the business.

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Strengthen Your Bottom Line: Manufacturing Cost Management Explained

Accounting Department

In the fast-paced world of manufacturing, where efficiency and innovation reign, understanding and managing costs are paramount to success. Cost management isn't a mere back-office function; it's what ensures your products remain competitive, your operations sustainable, and your company profitable.

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CRE risk management: Identify and manage concentration risk

Abrigo

Find commercial real estate risks in the loan portfolio Sound risk management practices in commercial real estate lending help lenders manage CRE credit losses and protect the portfolio's profitability. You might also like this podcast, "How to sleep easier at night about your capital and risk levels." LISTEN Takeaway 1 Effective CRE risk management involves adapting to changing market fundamentals to avoid excessive loan losses.

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Pea & Elle and the importance of good bookkeeping

blue dot counseling

It's a common enough issue - you set up and run your own business, you know you need good financial management but it's not something anyone is any good at or wants to do. The post Pea & Elle and the importance of good bookkeeping appeared first on Blue Dot Consulting.

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6 Steps to build an AML staffing plan for unexpected changes

Abrigo

Planning for the unexpected is part of any good plan. Prepare for unexpected changes in your AML staffing plan, making your plans a little more "disaster" proof. You might also like this on-demand webinar, "AML/CFT hot topics for 2024: What to expect for financial crime." WATCH NOW Takeaway 1 Reduce stress and mitigate financial and compliance impacts Takeaway 2 AML employee succession plans should be “living” documents.

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5 Reasons to Love TreviPay

TreviPay

Valentine’s Day is all about celebrating the things we love, and at TreviPay, our customers are at the heart of everything we do. Here are 5 reasons why our customers continue to adore us that they stay with us for decades: Risk-Free Credit Extension TreviPay understands the apprehensions of extending credit, which is why we take the risk out of the equation for our customers.

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How You Could Save 10+ Hours a Week By Automating Receivable and Payable Processes

Plooto

Accountants are innovators. In 1952, they were early adopters of IBM’s first large computer, using it for business applications like billing and payroll. By 1985, bookkeepers began to automate manual tasks with Microsoft Excel — and never looked back.

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Executive Compensation in Restructuring: Recommended Approach and Pitfalls to Avoid

Reorg Blog

Editor’s Note: Below is the latest in Reorg’s Expert Views series, an article written by Jon F. Weber. Weber helps creditors manage operationally intensive investments.

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Out Of Balance: Countering The Crisis Of Accountant Burnout

Plooto

Finance professionals are experiencing an unprecedented exodus. Over the last two years, more than 300,000 U.S. accountants and auditors left their jobs — a staggering 17% decline​​.

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How can Chat GPT help accounts receivables managers and credit controllers

Chaser

Accounts Receivable (AR) and credit control are essential function in any business. This involves managing and recording incoming payments from customers for goods or services provided by the company. Keeping track of accounts receivable can be time-consuming, as it requires attention to detail and diligent record-keeping.

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Litigation Coverage: Byju’s

Reorg Blog

Byju’s Pte. Ltd. and several other nondebtor affiliates on Friday, Feb. 9, filed briefs opposing term loan agent Glas Trust and term loan lender Redwood’s motions to dismiss Byju’s suit in New York state court.

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How to Position Your Business for Private Equity Financing

Prime Commercial Lending

Private equity financing can be a transformative turning point for businesses looking to scale, innovate, or explore new markets. However, positioning your business to be attractive to private equity investors requires strategic planning and a keen understanding of what these financial powerhouses look for in a potential investment. The journey to successful private equity financing involves several key steps detailed below.

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The Impact of Surging Inflation on Small Business Funding

Eagle Business Credit

In recent times, the global economic landscape has been marked by unexpected shifts, and one such concern is the higher-than-expected inflation rate. As of the latest data from Forbes , inflation has surpassed initial projections, leaving businesses, particularly small enterprises, grappling with the repercussions. This surge in inflation can significantly affect small businesses — especially those relying on specific funding methods linked to interest rates and repayments.