Your Virtual Credit Manager
JULY 9, 2024
When you agree to sell to a business customer on open credit terms, common practice involves setting a credit limit aligned to the payment terms you are granting. In preparation for this decision, you should have previously made the new customer sign a credit agreement as part of their application for open credit terms and thereby confirming their acceptance of your terms of sale.
Abrigo
JULY 9, 2024
What the rule means for financial institutions FinCEN aims to get AML/CFT programs to redirect their focus on the highest-risk areas, so banks and credit unions should begin preparing. Would you like other articles like this in your inbox? Takeaway 1 FinCEN’s proposed new AML/CFT program rule is intended to redirect AML/CFT programs to focus on the highest-risk areas, using innovative techniques and a goal-oriented approach.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Due
JULY 9, 2024
Portfolio diversification is a common strategy for safe, effective long-term investing. However, figuring out healthy asset allocation in an online-focused world can be challenging. There are a lot of options, and it is difficult to gauge risk in newer investment scenarios. For instance, treasury and risk management opportunities for insurance companies, pension funds, and family offices are becoming increasingly important.
Accounting Department
JULY 9, 2024
Managing a business isn’t easy. Amongst juggling various roles and responsibilities, ensuring your financial health often becomes a daunting task. One powerful tool to help you stay on top is cash flow analysis.
biz2credit
JULY 9, 2024
Effective cash flow forecasting is essential for managing a business’s financial health and ensuring sustainability. By accurately predicting future financial positions, businesses can make informed decisions and plan for growth or potential challenges. In this article, we’ll dive into the process of creating an accurate cash flow forecast and outline practical steps and methodologies that … Continue reading "How to Create an Accurate Cash Flow Forecast for Your Business" The post Ho
Onguard
JULY 9, 2024
Download the fintech baropaper Organisations, according to finance professionals, prefer to get paid via iDEAL (33%). Among their customers, iDEAL is also the favourite payment method (36%). This is according to the FinTech Barometer, the annual survey by credit management software specialist Onguard, for which 304 CFOs, finance managers and finance professionals were surveyed.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
Grit
JULY 9, 2024
Effective quotation management is the backbone of successful sales operations. Meanwhile, empowering your sales team with a streamlined quotation process can be the difference between closing deals and losing opportunities. This post will guide you through the complete quotation management process , offering insights and strategies to boost your team’s efficiency and win rates.
Reorg Blog
JULY 9, 2024
Swiss vending machine operator Selecta is under pressure to tackle the 2026 maturity of its reinstated first and second lien secured notes, amid consistent cash burn and an unsustainable cash interest burden.
Due
JULY 9, 2024
The Environmental Protection Agency (EPA) and the State of Colorado have hit the owner of a Colorado Natural Gas Processing Plant with $1m fine. Enterprise Gas Processing LLC and Enterprise Products Operating LLC (Enterprise) found themselves in the crosshairs of the EPA, the state, and the Justice Department , who joined forces in a concerted effort to address the violation.
Reorg Blog
JULY 9, 2024
In Europe, the first six months of 2024 have seen novel developments in creditor behavior as debtors enter into the financial difficulty zone.
Due
JULY 9, 2024
Financial advisors have dedicated themselves to helping people create better financial futures for decades. The methods they’ve used to do that vary depending on the specific audience they’re talking to. Previous generations probably found their financial advisors through personal recommendations. They would carve out a financial path the old-fashioned way: sitting across from someone at their desk in an office.
Reorg Blog
JULY 9, 2024
The post Restructuring/Waterfall Analysis: Selecta 2L Debt Equitization, 1L A&E Required to Rightsize Capstack, Create Path for Positive Cash Generation Amid Unviable Refi Prospects, Uncertain Sponsor Support appeared first on Reorg.
Due
JULY 9, 2024
In June, the stock market experienced a period of tranquility that could be likened to the Pink Floyd song “Comfortably Numb.” It was the most uneventful month in five years, with no days recording a decline of half a percent or more. However, given the unfolding economic conditions, this calm is not expected to persist into July. View this post on Instagram A post shared by Taylor Sohns – CFP®, CIMA®, MBA – Finance (@lifegoalinvestments) Job market’s recurring them
Chaser
JULY 9, 2024
The global B2B payments market is set to skyrocket. Juniper Research predicts it will hit $111 trillion by 2027 , a big jump from $88 trillion in 2022. With all that money flying around, it's time for business owners to brush up on their payment terms. Concepts like remittance and remittance advice might seem dry, but they're crucial for any business to understand.
Due
JULY 9, 2024
The saga of Paramount Global’s change of ownership has come to a billion-dollar close. Over the past year, Paramount has been navigating a highly intricate transfer of ownership. The current majority shareholder, Shari Redstone, has been resolute that the offers received have not met her high expectations. Skydance Media and owner David Ellison eventually won the battle to own the legendary media empire known for CBS, Nickelodeon and MTV.
Expert insights. Personalized for you.
130 
Let's personalize your content