Tue.Jul 16, 2024

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Be Prepared to Shoot Down Your Customer's Payment Excuses

Your Virtual Credit Manager

Once an order has been approved and fulfilled, the primary objective in terms of Accounts Receivable (AR) management is getting paid. Some customers will always pay on time. Others will always pay beyond terms and the remainder will fall somewhere in between. Keeping these latter two groups under control requires collection efforts. (Photo by Michael Starkie on Unsplash ) At a fundamental level, collections involves contacting customers to collect the money they owe you.

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Get To “Know” Our New Chief Operating Officer

Know-It Global

We are excited to announce the appointment of Ryszard Jedrzejewski as our Chief Operating Officer! We sat down with RJ for a quick chat to learn more about him and why he wanted to be a #knowitall 1. Welcome to Know-it! Tell us a b-it about yourself I have been fortunate over my career to have worked for lots of great companies, such as Experian, National Australia Bank, GE Capital, a fintech start-up business (Castlight Financial in Glasgow), Clydesdale Bank, M&G Investments, and a manageme

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Tips for Securing Restaurant Financing in Tough Economic Times

biz2credit

Securing restaurant financing can be particularly challenging during tough economic times when traditional funding sources tighten their criteria. This article offers practical advice for restaurant owners looking to obtain the necessary capital to start, sustain, or grow their businesses despite an uncertain economic climate. We’ll highlight alternative financing options, strategies for presenting a compelling business … Continue reading "Tips for Securing Restaurant Financing in Tough Ec

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Elevate Your Business with Client Accounting Services

Accounting Department

Growing a business is a multifaceted challenge that requires careful financial management. For many business owners, juggling daily operations while keeping track of finances is daunting. Enter Client Accounting Services (CAS), a crucial element for business growth that improves financial accuracy, reduces costs, and offers expert financial guidance.

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Court Opinion Review: Silver Lining in Purdue and Jarkesy; Wesco and Robertshaw Decisions Diverge on Remedy; NJ Stans for Debtors (Again) in Invitae

Reorg Blog

The post Court Opinion Review: Silver Lining in Purdue and Jarkesy; Wesco and Robertshaw Decisions Diverge on Remedy; NJ Stans for Debtors (Again) in Invitae appeared first on Reorg.

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Lendio Technology Is Now Being Used by FIS to Enable SMB Lending

Lendio

Lendio is excited to announce FIS ® (NYSE: FIS), a global leader in financial technology, is leveraging Lendio technology in the launch of its new SMB Digital Lending solution. FIS SMB Digital Lending aims to reduce the barriers to funding for small and medium-sized businesses (SMBs) by streamlining and automating lending processes for financial institutions.

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Gross Profit Officer – appoint one today!

blue dot counseling

Ask yourself how much your bottom line will improve or decline by if you raise or lower your gross profit margin by just 1%. Still can't afford a Gross Profit Officer? The post Gross Profit Officer – appoint one today! appeared first on Blue Dot Consulting.

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Advantages of BigCommerce HubSpot Integration for Enhanced Marketing Automation

Grit

Did you know that businesses using marketing automation see a 451% increase in qualified leads? BigCommerce HubSpot Integration can significantly impact your eCommerce business. Combining BigCommerce’s powerful eCommerce platform with HubSpot’s robust marketing automation and CRM tools provides a seamless experience for managing customer relationships, marketing efforts, and sales processes.

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United States and Ghana dual citizen extradited to face bribery charges

Due

A dual United States and Ghana citizen is set to face bribery charges for his involvement in a corporate scheme. Asante Kwaku Berko was the focus of the extradition request between the United Kingdom and the United States. He will face bribing officials and corporate fraud charges in the Eastern District of New York court. The charges against Berko relate to his involvement in an elaborate bribery scheme to gain a steady stream of business from the African nation of Ghana.

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Court Opinion Review: Silver Lining in Purdue and Jarkesy; Wesco and Robertshaw Decisions Diverge on Remedy; NJ Stans for Debtors (Again) in Invitae

Reorg Blog

The post Court Opinion Review: Silver Lining in Purdue and Jarkesy; Wesco and Robertshaw Decisions Diverge on Remedy; NJ Stans for Debtors (Again) in Invitae appeared first on Reorg.

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West Virginia court orders illicit e-cigarette production to cease

Due

The U.S. District Court for the Southern District of West Virginia and the U.S. government have cracked down on an e-cigarette producer producing illicit “vaping” products. Soul Vapor LLC and the company’s owner, Aurelius Jeffrey, have been hounded by the Food and Drug Administration (FDA) that their products were illegal. The FDA warned the company and owner about creating, selling, and shipping these devices in West Virginia and across state lines.

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Tips for Securing Restaurant Financing in Tough Economic Times

biz2credit

Securing restaurant financing can be particularly challenging during tough economic times when traditional funding sources tighten their criteria. This article offers practical advice for restaurant owners looking to obtain the necessary capital to start, sustain, or grow their businesses despite an uncertain economic climate. We’ll highlight alternative financing options, strategies for presenting a compelling business … Continue reading "Tips for Securing Restaurant Financing in Tough Ec

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Sun-Kissed Savings: Your Guide to a Thrifty Summer Fun

Due

The summer season is upon us, which means sun, relaxation, and unforgettable memories await you. However, let’s face it: amusement park trips and poolside adventures can add up fast. Based on Allianz Partners USA’s annual Vacation Confidence Index , Americans are expected to spend $2,843 on their summer vacation in 2024. In 2024, the figure represents a 3.5% increase from last year but a whopping 118% increase over 2019.

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50 Envelope Challenge: Supercharge Your Savings

Due

How does an extra $1,275 in your savings account sound to you? Although it may not sound like much, a study conducted by Ramsey Solutions shows that millions of Americans have insufficient personal savings. In fact, 49% of Americans reported that they had at least $1,000 in savings for emergencies, the same as in the fourth quarter of 2022. However, 33% of Americans have no savings whatsoever.