This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
How was your accounts receivable (AR) performance last year? This is a very important question because AR is typically one of the top two or three largest assets for a B2B vendor. The primary way most companies measure AR performance involves looking at the Days Sales Outstanding (DSO) metric. Accelerating sales can increase DSO, but most often the cause is problems in the order-to-cash (O2C) pipeline affecting collections.
5x Winner Best Places to Work in Collections and Now Named One of Americas Best Workplaces by Best Companies Group St. Louis, MO January 6th Already named a Best Place to Work in Collections for five consecutive years, Credit Control, LLC is proud to be recognized as one of Americas Best Workplaces. Best Companies Group has named Credit Control, LLC a recipient of the inaugural Americas Best Workplaces in 2025 Award, which identifies and honors the best places of employment across the United St
Managing accounts receivable can be challenging, but having a structured approach to writing collection reminders can make a significant difference. Many businesses that have embraced automated tools such as payment reminder software are able to simplify this process with dunning emails and late payment reminder templates that ensure consistency, save time, and improve efficiency.
Wed all agree that writing effective collection letters is a balancing act between ensuring you receive payment in full and maintaining a positive working relationship with your customers. You dont want your correspondence to end up thrown to one side, added to a stack of unread post, because the seriousness of the matter wasn’t made clear to the reader; but you also dont want to alienate your customers through poorly worded warnings that sound threatening.
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.
CRE origination, refinancing, and pricing challenges Experts from Trepp and Abrigo describe recent origination and delinquency trends in commercial real estate portfolios. They also share tips for managing risk and pricing. Key topics covered in this post: The big-picture view of CRE from Trepp Trepp bank consortium originations are 58% below pre-COVID averages Rising delinquency rates, especially in specific markets How to manage CRE risk and pricing Changes in the commercial real estate marke
The role of financial strategy in business success has never been more apparent. With increasing financial complexities, regulatory challenges, and an unpredictable economic environment, small and medium-sized businesses (SMBs) are discovering the critical value of CFO support services.
The United States has witnessed a significant surge in corporate bankruptcies, reaching a 14-year high in 2024. Business bankruptcy filings increased by 33.5% during the 12-month period ending September 30, 2024. This trend has been driven by a combination of factors, including rising interest rates, persistent inflation, higher labor costs, and shifts in consumer spending patterns following the pandemic.
The United States has witnessed a significant surge in corporate bankruptcies, reaching a 14-year high in 2024. Business bankruptcy filings increased by 33.5% during the 12-month period ending September 30, 2024. This trend has been driven by a combination of factors, including rising interest rates, persistent inflation, higher labor costs, and shifts in consumer spending patterns following the pandemic.
RMAI has learned that the New York City Department of Consumer & Worker Protection (DCWP) will publish later this week a revision to the Debt Collection Rule they adopted on August 12, 2024. The rule was originally scheduled to be effective December 1, 2024, but was later amended to be effective on April 1, 2025. DCWP will announce the effective date for the rule will be extended to October 1, 2025 so that they have an opportunity to consider revisions to the rule.
A proactive B2B payment reminder sent before the due date is the most effective method for ensuring timely payment of invoices. Even so, businesses sometimes arent able to pay on time for a variety of reasons. Sending a payment reminder for business helps ensure that clients are aware that a due date has passed and that the invoice is outstanding. In certain cases, youll also need to follow up with a past due invoice email.
To kick off 2025, Loomis Sayles will feature forward-looking views on key segments of the fixed income market. Seasoned experts with knowledge and experience in each sector will answer three questions that drill into major themes for the year ahead. Keep an eye out for each installment as the series rolls out over the next few weeks. To set the stage, were starting with Craig Burelle, Global Macro Strategist, Credit, and his views on the macro backdrop. 1.
Transaction monitoring ensures more than just compliance Without reliable client and transactional data coming into your monitoring system, either manually or automatically, you could miss crucial suspicious activity. This could put your institution at regulatory and reputational risk. Transaction monitoring in financial institutions Financial institutions operate in an environment where even the slightest data discrepancies can create outsized risks.
In the current competitive environment, small and medium-sized businesses (SMBs) must leverage every possible advantage to succeed and expand. Forecasting is a powerful tool that can greatly influence a company's financial success.
When a business reaches the point of multiple team members making new sales and taking orders from existing customers, the credit approval process gets more complicated. The owner or other executives no longer have visibility and control over every new order. Meanwhile, customers who previously were approved during your initial credit evaluation may become past due, max out their credit limit, or, worse yet, be in a deteriorating financial situation, all of which become even more likely when the
Manny Plasencia Senior Director, Third Party Collections TransUnion TransUnion recently appointed Manny Plasencia as the Senior Director of Third-Party Collections. In this key leadership role, Manny will spearhead efforts to drive the growth and innovation of TransUnions Third-Party Collections vertical. With over 25 years of extensive experience across Financial Services, FinTech, E-Commerce, and BPO sectors, Manny has successfully helmed operations, compliance, and quality assurance for prest
Table of Contents Can you get a business loan with no credit check? The pros and cons of a small business loan with no credit check Business loan options with low credit score requirements Borrowing with Credibly and our low credit score requirements Explore your flexible financing options Looking for business loans with no credit check? Most lenders will perform credit checks to assess creditworthiness, however, how your credit is weighted on the application will vary based on the type of le
Tony Robbins has some blunt advice for Americans regarding Social Security and retirement planning. He warns that relying solely on Social Security is a “recipe for disaster.” Social Security was never designed to replace income completely. This becomes even more relevant as life expectancy rises, leading to longer retirements. Robbins offers several strategies to help people manage the financial and emotional stresses of retirement planning.
1. Whats your overall view of the high yield market as we enter the year? High yield bond investors have enjoyed a good run over the past couple of years, thanks to attractive all-in yields, tightening spreads and broadly stable credit fundamentals. Looking ahead, the fundamental picture continues to look solid, supported by a positive earnings backdrop and a resilient US economy.
How to Choose the Right Business Credit Card As a business owner, the financial choices you make can have a big impact on your company’s success. Whether you’re managing a startup or overseeing a well-established business, a business credit card can be an essential tool. It can help streamline expenses, build business credit, and even […] The post How to Choose the Right Business Credit Card: 5 Types appeared first on Business Credit.
If you’ve borrowed money for your small business and used collateral to secure the loan, you may notice something called a UCC filing on your business credit report. The UCC refers to Uniform Commercial Code, and such a filing on your commercial credit report can impact your ability to obtain credit in the future. What Is a UCC Filing? A UCC filing is a legal notice that allows a creditor to notify other creditors about assets your business has used to secure a loan with the filer.
January 27, 2025 (Sacramento, CA) RMAI is pleased to announce that the Keynote Speaker at the 2025 RMAI Annual Conference will be economist Dr. Andrew Rodrigo Nigrinis. A former CFPB enforcement economist, Dr. Nigrinis will give unique insights into opportunities for CFPB reform and the agencys enforcement process. The conference will be held February 10-13, 2025, in Las Vegas.
Payment portals are not just for large B2C businesses any longer, B2B businesses of any size can benefit. In the evolving world of B2B transactions, the importance of payment portals has become undeniable. These platforms are no longer a luxury but a necessity, providing businesses with an efficient way to handle their accounts receivable processes.
The artificial intelligence landscape is experiencing a significant shift as NVIDIA, currently valued at approximately $600 billion, faces mounting pressure from emerging competitors. The company’s stock has recently experienced a substantial decline, primarily due to competition from more cost-efficient AI solutions. UPDATE: Forbes The AI Technology Battle ChatGPT, developed by OpenAI, established itself as an early leader in the AI space, utilizing NVIDIA’s expensive hardware infra
In todays fast-paced business environment, managing accounts receivable (AR) efficiently is critical for maintaining healthy cash flow and business sustainability. The traditional methods of handling AR, including manual invoicing, collections, and payment tracking, often lead to delays, errors, and increased operational costs. However, with the advent of Artificial Intelligence (AI), businesses now have an opportunity to transform their AR processes, driving efficiency, accuracy, and faster cas
For entrepreneurs and SMB owners, accounting is the backbone of a healthy business. Without accurate and reliable accounting practices, even the most successful companies can find themselves in turmoil.
In the world of finance, two crucial concepts that play a significant role in managing a company's cash flow are accounts payable vs accounts receivable. Understanding the difference between these two terms is essential for businesses to maintain a healthy financial position.
Nodine will oversee the companys complex compliance initiatives. Greenville, S.C. InvestiNet, a full-service collections network and innovation leader in the accounts receivable industry, has announced the promotion of Amy Nodine from executive vice president to chief compliance officer. As CCO, Nodine will continue to drive excellence by ensuring the organization adheres to the highest standards of compliance, meeting the evolving collection needs of the financial services industry and exceedi
Once your business has started to grow significantly, your A/R and finance team will probably ask themselves how they can transform your accounts receivable process in the most efficient manner. At some point during the business process, most owners ask the question: Whats the best way to transform our accounts receivable process? Choosing an accounts receivable automation solution is only the first step in transforming your accounts receivable.
Annuities are often marketed as a secure way to earn a retirement income. But do they live up to their hype? One major concern for investors is the frequently hidden costs associated with these products. You need to know what annuity fees mean before deciding based on your retirement goals. In this blog post, we’ll cut through the jargon and explain what annuity fees mean, empowering you to make informed decisions about annuities.
The financial industry is going through major changes driven by advancements in artificial intelligence (AI) and natural language processing (NLP). These technologies are revolutionizing document processing, transforming how financial institutions manage data, ensure compliance, and make strategic decisions. In this article, we explore how NLP and AI are shaping the future of finance and why businesses must embrace these innovations to stay competitive.
Honoring Excellence in Business Development and Marketing We are thrilled to announce that TMC Financing has been named the 2025 SBA 504 Lender of the Year by the Coleman Report, The post TMC Financing Named 2025 SBA 504 Lender of the Year and More by Coleman Report appeared first on TMC Financing.
The accounts receivable turnover ratio is a financial ratio that measures how efficiently a company collects its accounts receivable. It is calculated by dividing net credit sales by average accounts receivable.
Effective accounting data management isn't just about tidy spreadsheets and balancing your books. It's about safeguarding your business's financial health while ensuring seamless operations.
Discover how factoring can transform your small business finances in 2025 through faster funding, enhanced cash flow, and credit-free solutions. Navigating the convoluted world of business financing can often feel like a maze with no clear exit. With credit scores as gatekeepers and rigid lending criteria as roadblocks, small businesses, startups, and finance managers frequently […] The post Factoring in 2025: The Financial Sidekick Your Business Needs appeared first on JNI Commercial Lend
The founder of the cryptocurrency entity Wolf Capital Crypto Trading LLC (Wolf Capital) has pleaded guilty to actions that led to the loss of $9 million to investors. Travis Ford acted as the co-founder, CEO, and Head Trader of Wolf Capital and drove investments mainly in the period between January 2023 and August 2023. The U.S. Postal Inspection Service (USPIS) led the investigation into Wolf Capital and Ford.
In the realm of credit repair, the “609 Letter” is often touted as a powerful tool for disputing inaccuracies on credit reports. Rooted in Section 609 of the Fair Credit Reporting Act (FCRA), this letter empowers consumers to request detailed information about items listed on their credit reports and challenge any unverifiable or erroneous entries.
If your company is investing money into sending you on a training course to improve your knowledge and skills for the benefit of your role, then choosing the right course, that will provide you with the correct knowledge and procedures, is vital. For credit control courses in particular, ensuring that relevant topics are covered is extremely important as no two customers will be the same, therefore you need to be able to learn how to adapt strategies for the most effective return.
Day 2 of TreviPay Crossroads 2024 brought together industry experts to explore the evolving landscape of B2B commerce. Leaders from Mastercard, Bain & Company, Allianz Trade and more shared actionable strategies for enhancing buyer experiences, building customer loyalty and scaling businesses globally. From the role of experience design in B2B to the power of network models and embedded finance, these sessions provided valuable insights for businesses looking to stay ahead in an increasingly
59
59
Input your email to sign up, or if you already have an account, log in here!
Enter your email address to reset your password. A temporary password will be e‑mailed to you.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
130 
Let's personalize your content