Tue.Apr 01, 2025

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Are Your Collection Efforts Myopic?

Your Virtual Credit Manager

In too many organizations, credit and collection decisions are compromised by the fog of war. Gathering all the details needed to inform a decision becomes a time-eating burden. For example: to make an effective collection call, you need to know who to contact, the AR status and AR details of the account, if there are any disputes, and what prior efforts have been made to collect the balance due.

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RMAI Launches Version 13.0 of the Receivables Management Certification Program

RMAi Blog

April 1, 2025 (Sacramento, CA) The RMAI Certification Council announces the adoption of version 13.0 of the Receivables Management Certification Program (RMCP) after a lengthy development and review process. As of today, all new and renewing applications will be held to the newly revised standards. Several significant enhancements were added to the program in version 13.0, including: Aligning the Data Security Standard with the FTC Safeguards Adopting provisions on how to handle coerced Adoptin

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Moderna Stock Falls After Resignation of FDA Official

Due

Recently a major FDA official Peter Marks announced his resignation, heavily impacting biotech stocks such as Moderna. Wall Street is currently stressing about the future of biopharmaceutical companies and the industry as a whole. Moderna Stock Falls Marks played a significant role in the FDA for biopharma companies, as the director of the Center for Biologics Evaluation and Research (CBER), which is within the FDA.

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Why people don't use automated accounts receivable

Chaser

Accounts receivable (AR) automation offers a more efficient and cost-effective way to manage cash flow, reduce errors, and accelerate the collection process. Yet, many businesses still hesitate to adopt AR automation. Despite its clear benefits, some common misconceptions and concerns prevent organizations from making the switch. This article explores the most common excuses for not automating accounts receivable and provides a closer look at the reality of each.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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Student Loan Delinquencies and Your Credit Score: How To Help Rebuild

CreditStrong for Business

The end of the student loan payment pause, coupled with the return of delinquent loan reporting, has left many borrowers scrambling to manage the consequences. According to the Federal Reserve Bank of New York , more than 9 million Americans could soon see significant drops in their FICO scores, some by over 150 points, due to the reappearance of delinquent student loans on credit reports.

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7 Common Myths About Invoice Factoring – Debunked!

JNI Commercial Lending

Effective cash flow management is critical to the success of any business. For small business owners, construction companies, equipment managers, and entrepreneurs alike, maintaining healthy cash flow can be a daily challenge. Late payments from clients, extended credit terms, or simply waiting on massive unpaid invoices can create financial bottlenecks that strain your operations.

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Unlock Business Growth with Client Accounting Services from AccountingDepartment.com

Accounting Department

As a business owner, you're undoubtedly aware of the myriad responsibilities that come with the territory. From strategic decision-making to managing day-to-day operations, your plate is full.

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Tax Efficient Investment Strategy Review

Due

A new investment method that delivers impressive returns while reducing taxable income has garnered attention among high-net-worth families. This analysis explains how the strategy works, highlighting its consistent gains and tax benefits. The strategy focuses on generating strong performance even in years when traditional benchmarks have suffered. In addition, it offers a unique tax advantage that can help lessen tax burdens for high-income earners.

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Market Volatility Ahead of Trump’s Tariff Announcement

Due

The S&P 500 experienced significant volatility, dropping 1.7% before recovering to close up 0.6% in anticipation of what some call Liberation Day when former President Trump is expected to announce new tariff policies against countries that impose tariffs on US goods. The markets erratic behavior reflects widespread uncertainty about the specifics of Trumps upcoming announcement.

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