RevCycle
FEBRUARY 21, 2024
Healthcare collections often carry a negative connotation, conjuring images of aggressive tactics and strained relationships. But what if it didn’t have to be that way? At RevCycle, we believe that dignity, respect, and patient understanding are not just ethical imperatives, but also key drivers of successful collections, ultimately leading to a healthier bottom line for healthcare facilities.
Credit Research Foundation
FEBRUARY 8, 2024
Opinions on the economy seem to be like the weather report – somewhat correct and somewhat missing the mark. What is true is that bankruptcies are up and there is more risk in the economy than we have seen in the past several years. CRF was fortunate to have Ryo Tashiro, Outreach Economist from the Philadelphia Federal Reserve, speak in our 2024 webinar series and provide clarity across the economic landscape.
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Reorg Blog
FEBRUARY 9, 2024
The post Sorrento Shareholder Alleges Newly Uncovered Evidence ‘Proves’ Latham, Jackson Walker ‘Conspired’ to Fraudulently Fix Venue for Sorrento Ch. 11 Cases in SDTX appeared first on Reorg.
Your Virtual Credit Manager
FEBRUARY 27, 2024
For a small business owner or executive, navigating credit decisions can be challenging, especially when they clash with the goals of other stakeholders within the company. Situations often arise when the prudent action involves denying credit to a potential customer, imposing limits on existing accounts, or delaying the fulfillment of large orders until payment is received.
Due
FEBRUARY 7, 2024
Financial institutions use artificial intelligence (AI) and machine learning (ML) models to reshape debt recovery. Although you probably haven’t noticed any changes yet — these technologies are already having a massive impact on the finance industry. Why AI and ML Are Essential for Debt Recovery Debt grows out of control as people’s priorities shift, interest rates hit historic highs, and the cost of living rises.
Know-It Global
FEBRUARY 1, 2024
We made it through January! It was a long month, but a busy one at Know-it. We hope you’ve had a great start to the year. Here’s everything that’s been happening at Know-it, there’s a lot to catch up on! Our 1st Webinar! We want our clients to get to know us better, so we hosted our first webinar in January! Know-it CEO and Founder Lynne Darcey Quigley joined Head of Strategy & Growth at Know-it, Phil Hobden.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
Lendio
FEBRUARY 28, 2024
It’s time to close the funding gap and open more women-owned small businesses. As of 2020, there were more than 13 million women-owned businesses (including sole proprietorships and employer firms). That sounds like a lot, right? But that number actually hides a trillion-dollar missed opportunity. According to Morgan Stanley , if women-owned (and minority-owned) businesses were funded at the same rate as white male-owned businesses, gross receipts could increase by $4.4 trillion.
Reorg Blog
FEBRUARY 20, 2024
The state of Ohio has not resolved a dispute with tobacco manufacturers regarding the nonparticipating manufacturers’, or NPMs’, adjustment for the sale years 2005, 2006 and 2007.
Your Virtual Credit Manager
FEBRUARY 20, 2024
(Photo by Carlos Muza on Unsplash ) A Framework for Choosing Suitable AR Metrics Businesses should carefully assess their specific needs, objectives, and operating context when selecting metrics for accounts receivable (AR) performance measurement. The chosen metrics should provide relevant and actionable insights to support strategic decision-making, financial management, and operational improvement initiatives in light of the following issues: Business Model and Industry: Different industries
Due
FEBRUARY 15, 2024
In the age of fast fashion, instant gratification, and ever-expanding credit cards , remembering our grandparents’ simple ways can seem quaint. For one, Grandma didn’t even own a credit card; only a few cards from specific retail outlets were available. It wasn’t until about 1995 that the credit cards we know now became widely available.
Accounting Department
FEBRUARY 15, 2024
For a business, becoming a government contractor can open doors to a sea of lucrative opportunities – but these waters run deep with regulations, especially those set by the Defense Contract Audit Agency (DCAA). A critical cog in the machinery that is the U.S. Department of Defense (DoD), DCAA ensures that taxpayer dollars are used efficiently and effectively in the acquisition of defense-related goods and services.
Plooto
FEBRUARY 15, 2024
What is accounts receivable and accounts payable? Find out why having good control over both is crucial for your business to have a smooth cash flow.
Credit Management Group UK
FEBRUARY 25, 2024
I have been told by businesses countless times that their customers are paying late despite the fact they are chased at the same time each month. I ask these businesses each time, if your current collection procedure isn’t working, why are you still using it? Late payments are still an enormous burden on UK businesses, with recent research finding billions are owed.
Abrigo
FEBRUARY 8, 2024
Romance scams are costly and cruel, and happening everyday. You may not be in the market for a relationship, but you can help protect others from falling for romance scams. You might also like this on-demand webinar explaining how fraudsters use checks to their advantage. WATCH Takeaway 1 Romance scams are one of the most common forms of fraud schemes seen in the U.S. , with reported losses of a staggering $1.3 billion.
Your Virtual Credit Manager
FEBRUARY 15, 2024
Thank you for being a free subscriber to Your Virtual Credit Manager (YVCM). If you like this newsletter, get value out of it, and believe in paying people for their work, please consider a paid subscription. Here’s what you will get: Expert guidance on a wide range of credit and collection topics, all geared towards small businesses that extend credit to other businesses Advice that will help you hone your accounts receivable management skills and maximize cash flow The ability to share c
Due
FEBRUARY 13, 2024
When you picture your retirement, what comes to mind? You might envision yourself relaxing on a beach, spending time with family, traveling the world, or participating more in your favorite hobbies. It’s an exciting vision of a luxurious, enjoyable life. However, not everyone is excited about the idea of retirement. Some people don’t like the idea of leaving work or being forced out of the workplace.
Accounting Department
FEBRUARY 1, 2024
It is that time of the year again, tax season. Many businesses dread this time of the year - it's tough. But thankfully, it's not as tough when you have the unrivaled support of AccountingDepartment.com.
Waystar
FEBRUARY 29, 2024
Goal setting is a game changer. Every healthcare organization has RCM milestones they want to hit or metrics they’d like to improve. But how do you know if the goals of revenue cycle management you’ve set will make a real impact within healthcare today? From protecting your foundation with key security checks to expanding denial prevention, here is your expert-vetted roadmap.
Credit Management Group UK
FEBRUARY 5, 2024
When creating an invoice you should always try to include the items below. This will leave no un-answered questions and should ensure swift payment. Label the document as – Invoice Identify the document with the word ‘invoice’ this will differentiate it from any other correspondence like a credit note or receipt. Addresses Ensure your details are correct including your trading name and full businesses address.
Abrigo
FEBRUARY 6, 2024
Develop an MBL program while mitigating risk Credit unions looking for alternate paths to growth in today's rising rate environment may be primed to leverage member business lending. You might also like this upcoming webinar, "Relationship banking: 7 Keys to extraordinary results." Register Takeaway 1 Credit unions developing or tightening up an existing MBL strategy should start by engaging the board of directors to outline goals.
Your Virtual Credit Manager
FEBRUARY 13, 2024
Historically, business failures increase after a recession. After, the Great Recession of 2008, commercial bankruptcies peaked in 2009 and did not drop below pre-recession levels until 2012. Following the sharp but short Covid Recession, roughly 5 million small businesses closed shop in the first six months after the economic shutdown, but commercial bankruptcies did not begin increasing until May of 2023, ostensibly due to the government’s economic stimulus programs.
Due
FEBRUARY 5, 2024
Your company is awash in data. In today’s digital age, business data comes from various sources, including customer interactions, sales figures, social media metrics, and operational statistics. E-commerce giants like Amazon track user behavior, purchase history, and browsing patterns to personalize recommendations and enhance user experience.
Accounting Department
FEBRUARY 7, 2024
In the past few years, there has been a significant surge in the growth of e-commerce businesses. With the emergence of new companies and the adaptation of brick-and-mortar stores to online platforms, the demand for online purchasing is being met through various online sales channels.
Loomis Sayles Credit Research
FEBRUARY 13, 2024
Throughout 2023, our analysts opined on risks related to commercial real estate (CRE) and their lenders. There was plenty to say about these sectors amid high vacancy rates, rising inflation rates, higher interest rates and the failure of three mid-size US banks and one large foreign bank—circumstances that left many investors holding their breath and wondering if there would be another shoe to drop.
Credit Management Group UK
FEBRUARY 18, 2024
The dreaded disputed invoice can cause havoc within any business when trying to find resolution without the correct procedures in place to deal with it effectively. How well you handle a dispute can have significant impact on your customer relationship further down the line; when genuine disputes occur, your customer will want to be treated as a priority, and they should, as until their dispute finds resolution you will not be paid in full.
Abrigo
FEBRUARY 6, 2024
4 Reasons better check fraud prevention is a good investment Check fraud is on the rise. Learn how you can save time and money in the long run by updating check fraud prevention capabilities today. You might also like this on-demand webinar explaining how fraudsters use checks to their advantage. WATCH Takeaway 1 Check fraud prevention is critical, especially as this costly fraud typology continues to trend upward in financial institutions.
Your Virtual Credit Manager
FEBRUARY 6, 2024
As a small business owner or executive, managing accounts receivable (AR) and navigating through various credit decisions is an integral part of the job. After all, credit and collections is essential to the performance of your order-to-cash (O2C) process and cash conversion cycle. From processing credit applications to negotiating payment plans, each AR activity you undertake requires thoughtful consideration.
Due
FEBRUARY 28, 2024
If you asked the average person to list all the things that drive economic growth , “Wall Street” (or some variation) would probably be right at the top. But while that may be true to a certain extent, it’s equally valid to point out that hidden gems drive that same growth in some of the most unexpected places. Paying closer attention to some of these hidden gems creates an opportunity to better understand how far we’ve come and where we might be headed.
Accounting Department
FEBRUARY 29, 2024
Rare Disease Day is the globally coordinated movement on rare diseases, working towards equity in social opportunity, healthcare, and access to diagnosis and therapies for people living with rare diseases.
Reorg Blog
FEBRUARY 28, 2024
The post Court Opinion Review: The Robertshaw PET Two-Step; a Vastly Undersubscribed Endo GUC Rights Offering; DSG UCC DIP Dilemma; Surging Private Asset Sales; Sorrento Venue Sanctions Denied appeared first on Reorg.
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