Your Virtual Credit Manager

JULY 23, 2024

In every accounts receivable (AR) portfolio there are customers that almost always pay on time, other customers that pay within a reasonable proximity of the due date, and those that pay consistently slow. It usually only takes about six months to figure out the segment into which a new business customer will fall. Once each customer’s payment proclivities are known, assigning appropriate monitoring and collection strategies is easily done, thereby ensuring adequate collection coverage.

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Credit and Collections Accounts Receivable (AR) Shared Service Center Default 130

Due

JULY 23, 2024

A Louisiana federal jury convicted a fraudulent medical practitioner for his part in an opioid and $5m health care fraud scheme. Adrian Dexter Talbot was at the center of the case surrounding his Medex Clinical Consultants (Medex) company. Based out of Sidell, St. Tammany Parish, Louisiana, he was responsible for a lengthy fraud scheme, according to court documents and testimonies.

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Accounting Department

JULY 23, 2024

In today's competitive business landscape, staying ahead of the competition requires more than just a great product or service. Entrepreneurs, small business owners, and financial analysts must focus on tracking key financial metrics to ensure their company's growth and financial health.

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Small Businesses 89

biz2credit

JULY 23, 2024

Interest rates can make the difference between your business growing or declining. When they’re high, they make the cost of borrowing money more expensive. When they’re low, they can stimulate growth by lowering the cost of investing in your business. But interest rates aren’t always predictable, and in varying environments, it can be hard for … Continue reading "Planning for Financial Stability in Varying Interest Rate Environments" The post Planning for Financial Stability in Varying Int

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Finance Transformation Myths Busted Over 75% of organizations struggle to define the right success metrics to benchmark the impact of their finance transformation investment. Whether you are just initiating your digital transformation journey or planning to pitch your next AI project to leadership, without the right metrics and a rigorous tracking process - all your efforts might go to waste!

AR Metrics

Chaser

JULY 23, 2024

Whether you're a business owner overseeing multiple transactions or a consumer keeping track of monthly expenses, understanding the mechanics of a billing cycle is crucial. A billing cycle is the interval between the last statement date and the next. This seemingly simple process plays a role in maintaining financial clarity and ensuring predictable cash flow.

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Transactions 59

Credit Management Group UK

JULY 23, 2024

Having an effective credit management function is vital to any business in maintaining and improving cash flow, as well as reducing a business’ risk to bad debt. There are many different elements to credit management that will all play a role in how effective it is, here are a few tips on how to improve some aspects: Ensure departments work together Your business’ credit management procedures should be known by every department in the business.

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Credit Management Invoice Disputes Bad Debt Credit and Collections 52

Reorg Blog

JULY 23, 2024

The post Global Packaging Sector Quarterly: Cross-Border Megadeals Return; Destocking, Inflationary Pressures Ease in US; Manageable Refi Risk Despite Lower Valuation Multiples; Exceptions Are High-Beta Issuers Ardagh, Kloeckner Pentaplast appeared first on Reorg.

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Due

JULY 23, 2024

Affiliate marketing is a popular and lucrative business model that has gained significant traction in the digital age. It involves promoting a company’s products or services and earning a commission for every sale made through your referral. However, like any business venture, it comes with its own set of challenges and risks. This article aims to delve into the complexities of affiliate marketing , highlighting potential pitfalls and offering strategies to navigate them effectively.

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