Tue.Jul 23, 2024

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Do You Know Which Customers Are Likely to Pay Late?

Your Virtual Credit Manager

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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Louisiana physician convicted of 1.8m opioid doses and $5M health care fraud

Due

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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4 Financial KPIs Every Growing Business Should Monitor

Accounting Department

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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Planning for Financial Stability in Varying Interest Rate Environments

biz2credit

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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What is a billing cycle? | Chaser

Chaser

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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The Essential Role of Loan Portfolio Monitoring in Banking

Biz2X

Reading Time: 4 minutes In recent years, loan portfolio monitoring has emerged as an essential practice for financial institutions. This shift is driven by the need to maintain financial stability, comply with regulatory requirements, and optimize loan performance amidst an increasingly complex economic landscape. As we move into 2024, the importance of comprehensive loan portfolio monitoring cannot be overstated.

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Understanding and navigating affiliate marketing challenges

Due

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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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

Reorg Blog

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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15 Ways Minimalism Can Simplify Your Finances and Save You Tons of Money

Due

There’s no doubt about it : advertising is everywhere. In every aspect of our lives, from reading an article to watching a video on YouTube to driving down the highway, advertisements bombard us and create constant pressure to buy. In fact, each day, people see about 5,000 ads. In addition , 5.3 trillion display ads are displayed online each year.