Accounting Department

AUGUST 29, 2024

In the dynamic world of small business, staying ahead means constantly measuring and optimizing performance. That's where Key Performance Indicators (KPIs) come in. These metrics help business owners, entrepreneurs, and startups monitor their progress, identify areas for improvement, and make data-driven decisions. Now that we understand the importance of KPIs, let's focus on the top 5 essential KPIs for e-commerce businesses.

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Small Businesses 87

GoCardless

AUGUST 29, 2024

Exploring the key benefits of automatic payment reconciliation for sports clubs.

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Gaviti

AUGUST 29, 2024

Your accounts receivable (A/R) collections process seems simple enough on paper. You provide services, send an invoice, and collect payment. Right? Not so fast. Many different accounts receivable collection techniques exist, and many of them should be used in conjunction with one another for the best results. Let’s review a few of the most popular ones so that you can verify that you’re doing all you can to optimize your accounts receivable collections.

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DSO Credit and Collections Deductions Cash Applicator 52

Due

AUGUST 29, 2024

Several BP, Mobil, and Sunoco gas stations have been forced to pay over $1m in back wages and damages. The charges come as part of a Department of Labor investigation into employment conditions at the locations across Bronx, Nassau, and Suffolk counties. “The U.S. Department of Labor does not hesitate to pursue all actions, including litigation, to protect workers whose employers fail to fulfil their legal obligations,” said Regional Solicitor of Labor Jeffrey S.

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Gaviti

AUGUST 29, 2024

No modern business can hope to thrive without the ability to predict the future. This may sound impossible, but forecasting is a skill. It is also a science that artificial intelligence has mastered. Short-term accounts receivable forecasting is especially difficult because it involves digging beyond general patterns. Regardless of the deadline on the invoice, you must determine when and if clients might pay.

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DSO Days Sales Outstanding Credit and Collections Deductions 52

Due

AUGUST 29, 2024

An Arizona man has pleaded guilty to defrauding the IRS and the U.S. Small Business Administration (SBA). Roy L. Layne submitted the guilty plea after the court documentation showed that he knowingly defrauded the United States government across a financial year. The Justice Department’s Tax Division made the announcement in connection with the District of Arizona.

Small Businesses 52

Small Businesses 52

Due

AUGUST 29, 2024

Retirement homes and assisted living centers are no longer the miserable accommodations of the past—no more stuffy buildings with single-room living quarters, bingo, and lousy food. Society, especially retired seniors, has modernized and become progressive, as have retirement communities. Many options are available to retirees today, and it’s essential to consider your options when deciding on the best living situation for you.

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biz2credit

AUGUST 29, 2024

Disclaimer: Information in the Business Financing Blog is provided for general information only, does not constitute financial advice, and does not necessarily describe Biz2Credit commercial financing products. In fact, information in the Business Financing Blog often covers financial products that Biz2Credit does not currently offer. If you’re new to small business loans, you might assume … Continue reading "Negotiating Favorable Loan Terms for Your Business" The post Negotiating Fa

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Small Businesses 45

lsq

AUGUST 29, 2024

FOR IMMEDIATE RELEASE Washington, DC – Today, the Board of Directors at the Export-Import Bank of the United States (EXIM) approved the renewal of a 90 percent guarantee of a $95 million purchase facility under its Supply Chain Finance Guarantee Program. The facility will be utilized by American companies in the supply chain of the U.S. Steel Corporation and is expected to support $1.78 billion in export sales of steel and iron ore to Canada, Mexico and Saudi Arabia.

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Export Credit Transactions 52