Tue.Mar 05, 2024

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Effective Communications for Collecting Delinquent Receivables

Your Virtual Credit Manager

Finding the time and resources to accomplish all the collection activities required to do a good job is a constant challenge. Most small companies come up short because when there isn’t a dedicated employee responsible for credit and collections, the owner or CFO have more important things to do. Even when another person has been assigned collection responsibilities, they may also have other responsibilities that get in the way.

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Seqens Generates €153M FY’23 EBITDA Missing Budget After Weak Q3

Reorg Blog

Seqens expects full-year 2024 adjusted EBITDA to fall another 11% from its full-year 2023 results, which missed budget following a third-quarter earnings collapse and subsequent weak fourth-quarter numbers. However, even that looks potentially over optimistic given that the 2024 budget assumes a recovery in active ingredient para-aminophenol, or PAP, earnings that is still far from certain, sources said.

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Standing order vs. Direct Debit: Which payment method is right for your sports club?

GoCardless

Diving into the key differences between the two payment methods

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How To Start Investing as a College Student

Due

Meeting new people, moving away from home, and getting things done at home and school alone are known struggles a college student faces after high school. Indeed, being alone and independent is a double-edged sword that can strengthen or weaken one’s character. Handling finances and supporting oneself without constant help from your parents is another thing.

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The CFO's Guide to Credit Order Hold Processing 

Bectran

In the dynamic world of B2B credit management, having a solid credit order hold process is essential for financial stability and success. The CFOs, credit managers, and departments in charge of overseeing credit in industries like manufactured products wholesale, media products distribution, food distribution, construction, and pharmaceuticals face an ever-growing challenge: maintaining the delicate balance between profit generation and risk aversion.

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Lendio Surpasses $15 Billion in Financing to Small Businesses Across America, With More Than 400,000 U.S. Small Businesses Funded

Lendio

LEHI, Utah—March 5, 2024— Lendio , the nation’s leading small business financial solutions platform, announces today it has surpassed over $15 billion in funding for small and medium-sized businesses (SMBs). That equates to over 400,000 SMBs receiving loans and financing through Lendio and a network of 75 lenders in its marketplace. The need for SMB funding is a critical need, with 77 percent of small business owners saying they are concerned about their ability to access capital.

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Negotiating with debtors: Best practices for amicable solutions

Chaser

In business operations' labyrinth, debt negotiation is inevitable. It is crucial in managing financial obligations, especially when dealing with creditors or lenders. Whether you are an individual or a company, negotiating debt can be challenging and requires careful planning and execution. For financial advisors and small business owners, the act of reclaiming what's rightfully yours while retaining goodwill can be likened to a delicate dance, where each step must be carefully orchestrated to a

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Is this retail chain finished?

Cpcmcredit Blog

I think many of you will quickly recognise this rapidly fading brand which was once a genuinely well loved British favourite. The empty shelves and tatty fittings (when were any of this chains branches ever updated?) are not untypical. This photo I took today in Twickenham. Boots are a shambles and a horrible example of a business taken over by faceless investment funds run by clueless overpaid bottom line driven corporate types.

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Seqens Generates €153M FY’23 EBITDA Missing Budget After Weak Q3, Q4; Guidance of €140M EBITDA in FY’24 Based on Bullish PAP Recovery Expectations

Reorg Blog

The post Seqens Generates €153M FY’23 EBITDA Missing Budget After Weak Q3, Q4; Guidance of €140M EBITDA in FY’24 Based on Bullish PAP Recovery Expectations appeared first on Reorg.

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Understanding Credit control

Cpcmcredit Blog

Credit Control is one of those tasks (like sales or marketing) that everyone seems to think they can do but in fact very few can. In a previous life, I was a credit manager at a number of companies and I did plenty of hiring and training. Finding the ideal credit controller is very difficult I still advise and assist clients but for day to day credit management, I refer to an excellent agency who have proved to be very effective with a number of my clients Why are they effective?

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The CFO's Guide to Credit Order Hold Processing 

Bectran

In the dynamic world of B2B credit management, having a solid credit order hold process is essential for financial stability and success. The CFOs, credit managers, and departments in charge of overseeing credit in industries like manufactured products wholesale, media products distribution, food distribution, construction, and pharmaceuticals face an ever-growing challenge: maintaining the delicate balance between profit generation and risk aversion.

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Accounts Payable Turnover Ratio: Definition, Formula & Examples

Plooto

The accounts payable (AP) turnover ratio gives you valuable insight into the financial condition of your company. It is used to assess the effectiveness of your AP process and can alert you to changes needed in your financial management.

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