Thu.Dec 05, 2024

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Why CFO Support Services Are Essential for SMBs in 2025

Accounting Department

In 2025, small and medium-sized businesses (SMBs) face a rapidly changing economic landscape. From navigating inflation and supply chain disruptions to adopting new technologies and meeting rising customer expectations, business owners have a lot on their plates.

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Credit Spreads Signal Economic Strength While Highlighting Investment Challenges

Due

Credit spreads, widely considered a reliable indicator of economic health, have been at their lowest levels since the 1990s economic boom. These spreads are a crucial measure of market confidence and economic stability, offering valuable insights into potential future market movements and recession risks. Understanding Credit Spreads Credit spreads represent the additional interest rate corporations must pay above the risk-free rate when borrowing money.

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Effective B2B Payment Reminders: Templates, and Strategies for Faster Payments

Gaviti

Many businesses can significantly improve their cash flow by implementing more effective strategies for collections, including adopting more strategic approaches to accelerate B2B payment of invoices. One of the simplest yet most overlooked ways to enhance invoice collection is by taking a proactive approach to sending payment reminders to ensure timely follow-ups and encourage prompt payments.

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50% of strategic decisions in finance will use AI by 2029

Onguard

While fewer than 20% of strategic decisions currently leverage AI in the Dutch finance sector, this figure is projected to surge to nearly 50% within the next five years. This is according to the latest Deloitte CFO Survey , based on a sample of over 130 Dutch CFOs from various sectors. The popularity of AI has surged with tools like ChatGPT, highlighting its ability to streamline work processes for some time now.

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What modern loan finance looks like today

aptic

Like everything else in today’s fast-moving market, loan finance has become digitised. Today’s banks and lenders are moving away from traditional manual loan processes to modern loan origination systems (LOS) to meet customer and market demands for efficiency, accessibility and transparency. Managing the entire loan process in a digital platform brings many benefits, but also challenges.

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AI to influence 50% of strategic decision-making in finance by 2029

Onguard

While fewer than 20% of strategic decisions currently leverage AI in the Dutch finance sector, this figure is projected to surge to nearly 50% within the next five years. This is according to the latest Deloitte CFO Survey , based on a sample of over 130 Dutch CFOs from various sectors. The popularity of AI has surged with tools like ChatGPT, highlighting its ability to streamline work processes for some time now.

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Seize new opportunities with these top 6 business loan tips

Credibly

   Table of Contents Our top 6 tips on how to get a small business loan How to prepare for a small business loan Unlock your business’s potential with confidence Getting a business loan can open doors for small business owners, providing the capital you need to expand, manage daily expenses, or invest in new equipment and inventory. But do you know how you can best qualify for a business loan?

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$8.5M TRICARE fraudsters given sentence 

Due

Two individuals have been given a prison sentence concerning a $8.5M TRICARE fraud scheme. Brian Carpenter and Jerry Lee Hawrylak, both from Texas, are the focus of an investigation into the million-dollar sums they received for defrauding the government healthcare framework. The court report said both work as podiatrists and patient recruiters and have been sentenced, as part of a court action, to “45 months and 60 months in prison, respectively, and ordered to pay over $7 million in restitutio

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Navigating the Evolving Landscape: How Businesses are Mastering Intelligent Document Processing (IDP)

Emagia

In today’s dynamic business environment, innovation and competition are constantly reshaping the landscape. This is especially true in the realm of intelligent document processing (IDP), where a plethora of solutions vie for dominance. While the emergence of advanced Natural Language Processing (NLP) has opened doors for new players, the true differentiators lie in the powerful combination of domain expertise and cutting-edge technology.

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New Yorker pleads guilty to financially exploiting vulnerable seniors 

Due

A man from New York has pleaded guilty to taking advantage of vulnerable seniors to benefit financially. Victor Anthony Valdez of the Bronx, New York, entered the guilty plea in the District of New Jersey for his part in an international scheme to steal money from the pockets of senior citizens. He played the part of a courier for an international “grandparent scam” based in the Dominican Republic that targeted elderly Americans.

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Member Alert: CFPB Issues Notice of Proposed Rulemaking for Data Brokers

RMAi Blog

This week , the Consumer Financial Protection Bureau (CFPB) issued a Notice of Proposed Rulemaking that could significantly alter the landscape of consumer reporting practices. The CFPB also issued a press release on the proposal. This proposed rule includes sweeping changes that redefine key terms, expand regulatory oversight, and impose new restrictions on the use and handling of consumer data.

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Polywork: The Rise of Working Two (or More) Full-Time Jobs and What to Consider

Due

The 9-to-5 jobs and their rules no longer exist. As a result, people are increasingly opting for polywork, a flexible and fulfilling way to work. In polywork, multiple jobs are held full-time simultaneously. According to the U.S. edition of the 2023 State of Hybrid Work, almost half (46%) of workers are already polyworking , while 36% plan to start soon.

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9 Potential Changes Under a Trump Administration: What They Mean for Retirees

Due

People, especially retirees, have been evaluating how President-Elect Donald Trump’s policies and priorities will affect them. So, let’s examine nine key proposals, from tax policies to investment options, and their potential effects on retirees. 1. The elimination of Social Security taxes. Trump promised to eliminate the federal income tax on Social Security benefits as part of his campaign promise.

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