Tue.Jul 09, 2024

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Are Your Customers Behaving?

Your Virtual Credit Manager

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.

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The new AML/CFT program rule: Aligning with the FinCEN priorities

Abrigo

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.

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What Are Real-World Assets and How They Are Changing The Real Estate World

Due

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.

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Mastering Your Cash Flow Analysis for Financial Success

Accounting Department

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.

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How to Create an Accurate Cash Flow Forecast for Your Business

biz2credit

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

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FinTech Baropaper 2024: iDEAL favourite when it comes to payment methods

Onguard

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.

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Empower Your Sales Team: The Complete Quotation Management Process

Grit

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.

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EPA hits Colorado Natural Gas Processing Plant with $1m fine

Due

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.

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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

Reorg Blog

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.

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How Financial Gurus Are Expanding Their Reach with Instagram

Due

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.

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Understanding remittance and remittance advice | Chaser

Chaser

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.

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Understanding June’s calm stock market

Due

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

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R&I Insight H1’24 Wrap

Reorg Blog

In Europe, the first six months of 2024 have seen novel developments in creditor behavior as debtors enter into the financial difficulty zone.

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Paramount saga comes to a billion-dollar close

Due

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.

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R&I Insight H1’24 Wrap: Creditors Try to Regain Control; New 26A Guidance; Overseas Restructuring Tech Improves

Reorg Blog

In Europe, the first six months of 2024 have seen novel developments in creditor behavior as debtors enter into the financial difficulty zone.

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