RevCycle

JULY 20, 2022

Make no mistake, the healthcare industry is rife for new entries across a wide span of verticals and corporate America has taken note. This is due to the cost burden crushing consumers and employers alike; and is a natural extension of the increased consumerism patients have been exhibiting for years. The image below does a great job highlighting just what makes the marketplace so appealing to the largest corporations: Image Source: CBINSIGHTS, “The Big Tech in H

Bad Debt 130

Bad Debt Debt Collections 130

Abrigo

JULY 31, 2022

Using the OCC Interest Rate Risk stats for asset/liability management models Financial institutions can use statistics in the OCC Interest Rate Risk Reports to gauge whether their bank is an outlier on the risk scale. You might also like this webinar, "Banking in a rising-rate environment." WATCH . Takeaway 1 Comparing the OCC's latest Interest Rate Risk Report and the one from 2019 provides a valuable look at interest rate risk variables. .

CECL 78

CECL 78

Lockstep

JULY 27, 2022

In today’s economy, it is essential to be able to allocate credit where it is needed most. This means that businesses need to have accurate and up-to-date information about their customers’ creditworthiness. While nearly 60% of U.S.-based B2B sales are paid using customer credit, knowing how much credit to extend and to which customers is of dire importance.

Credit Scoring 89

Credit Scoring Accounts Receivable (AR) Bad Debt AR Automation 89

Commercial Credit Group

JULY 31, 2022

You need an additional piece of equipment for your business and you think you want to purchase used equipment. Now what do you do? Evaluate your business needs. Consider the potential risks. Determine from whom you will buy. Obtain an equipment inspection. Arrange logistics. Look out for red flags. Coordinate payment.

52

52

Beyond Capital Blog

JULY 29, 2022

When applying for a loan for the first time, collateral is a must. Find out how much collateral your business needs, in the form of cash or other assets, in this how-to guide. The post What Is Business Collateral? appeared first on Fast Capital 360.

52

52

CreditStrong for Business

JULY 26, 2022

Businesses rely on many types of funding to improve cash flow and keep growing their operations. One of these funding types is called trade credit, a form of vendor financing that gives customers more time to pay for their orders. Learn more about how trade credit works and what benefits it offers companies of all sizes. What Is Trade Credit? When you purchase something from a vendor, you may be given additional time to pay instead of processing your payment upon the point of sale.

Bad Debt 52

Bad Debt Credit Scoring Credit Risk 52

Abrigo

JULY 25, 2022

Strong demand is a factor in the ag lending outlook ahead Ag lenders can begin taking steps to ensure they are prepared and can provide positive customer or member experiences. You might also like this webinar, "How to Position Yourself for High-Yielding Ag Loan Growth." WATCH. Takeaway 1 The economic and financial outlook for U.S. farmers is even more unpredictable than in recent years.

Credit Risk 78

Credit Risk Credit Unions Small Businesses 78

Lockstep

JULY 20, 2022

With inflation discussions dominating the conversation today, it is more important than ever to decrease your days sales outstanding (DSO). This not only increases your cash flow but reduces the risk across your business. One way to help ensure more customers pay on time (or sooner) is to increase the payment methods available to your customers. And choosing the right payment service can be complicated, especially when the options come with so many different terms.

Electronic Funds Transfer 87

Electronic Funds Transfer DSO Days Sales Outstanding AR Automation 87

apruve

JULY 25, 2022

Company growth, cost efficiency, and customer satisfaction – three goals for CFOs that have been blocked by outdated A/R processes – are accelerating with the adoption of accounts receivable automation software. Nearly one-third (29%) of companies have moved to mostly digital A/R processes, and 37% combine digital and manual A/R processes. In the next five years, the Accounts Receivable Automation Market is projected to expand at a compound annual growth rate (CAGR) of 14.2%.

DSO 52

DSO Credit and Collections Order to Cash Days Sales Outstanding 52

Beyond Capital Blog

JULY 28, 2022

There are 25 business expenses all entrepreneurs have to handle. Check out the list and see if they count as business tax deductions. The post The Most Common Types of Business Expenses (Plus Which Are Tax-Deductible) appeared first on Fast Capital 360.

Deductions 52

Deductions 52

Actico

JULY 24, 2022

Business rules are new for you? In this blog post you will find answers to your questions about business rules. The FAQ provides helpful explanations for anyone who wants to dig into the topic.

52

52

CreditStrong for Business

JULY 18, 2022

Building your business requires capital, and even if you’ve been running a successful business for a few years, financing can play a major role in covering your company’s working capital needs. If you’ve been working on building business credit through tier 1 business credit vendors , net 30 accounts , and business credit cards, you may now have the opportunity to open credit accounts with tier 2 business credit vendors.

Transactions 52

Transactions Small Businesses 52

Abrigo

JULY 21, 2022

Teaching branch staff these KYC tips can aid CDD compliance BSA Officers can help tellers and other branch staff learn how to ask questions that both foster relationships and support CDD compliance. . You might also like this resource, "Customer due diligence checklist." DOWNLOAD. Takeaway 1 Front-line teams are the eyes and ears of the bank or credit union and can support Customer Due Diligence (CDD) requirements.

Credit Unions 78

Credit Unions Transactions 78

Lockstep

JULY 12, 2022

Lockstep Applications are the interfaces to Lockstep API. These interfaces have a diverse user-base and are expected to provide the same experience on all device types. Given how modern devices deviate from the conventional aspect ratios and have wider screens, bigger panels, higher resolutions – providing the same experience and designing for responsiveness is non-trivial.

86

86

Hilton Baird

JULY 13, 2022

A few of the steps your business can take to encourage customers to prioritise your invoices above others. The post How to get customers to pay your invoices ahead of others appeared first on Hilton-Baird Collection Services.

Small Businesses 52

Small Businesses 52

Beyond Capital Blog

JULY 27, 2022

Bridge financing serves as a “bridge” between your immediate need for capital and a long-term financing solution. With it, you can address cash flow emergencies and seize business opportunities. The post How Commercial Bridge Loans Work (and How They Can Benefit Your Small Business) appeared first on Fast Capital 360.

Small Businesses 52

Small Businesses 52

The Corcentric Blog

JULY 12, 2022

In a recent study conducted by Forrester Consulting on behalf of Corcentric, it was found that customer experience improvements ranked even higher than revenue growth as a business priority for CFOs across the UK, US, and France!

52

52

CreditStrong for Business

JULY 15, 2022

Businesses of all sizes can benefit from establishing commercial credit, helping them to manage their finances and cash flow without being impacted by (or in turn impacting) the personal credit of their owner. If you’re tired of having to use your personal credit to free up cash, commercial credit may be the best way forward. Here’s what you should know about building commercial credit for the future of your company.

Credit Scoring 52

Credit Scoring Credit Unions Small Businesses Default 52

Abrigo

JULY 7, 2022

What Will Auditors and Regulators Expect with CECL Accounting? A panel of CECL accounting experts described how auditors and regulators are viewing various aspects of implementation. . You might also like this webinar, "Calibrating the loss experience to economic conditions." WATCH. Takeaway 1 CECL accounting experts shared audit and regulatory expectations based on their work with financial institutions.

CECL 78

CECL Credit Unions Credit Risk 78

Lockstep

JULY 13, 2022

Over 20 New Email Templates to Save You Time. Lockstep Inbox has seen some fantastic updates since launching in May. It’s been a great success so far, and we’ve received quite a lot of positive feedback from users. One of our most popular recent additions to the free shared inbox platform is our pre-populated templates. Since its launch, Lockstep Inbox has added 12 new accounts receivable (AR) templates and 12 new accounts payable (AP) templates, respectively.

AR Aging 77

AR Aging Accounts Receivable (AR) Transactions 77

SMB Commercial Lending

JULY 12, 2022

The U.S. Census has been deploying weekly surveys to small businesses across the country since 2020. The Small Business Pulse Survey intends to measure the effects of the pandemic and other recent events. The share of these businesses experiencing notable price increases has grown considerably, according to data from the U.S. Census. And many are experiencing supply delays on goods purchased domestically and abroad.

Small Businesses 52

Small Businesses 52

Beyond Capital Blog

JULY 26, 2022

Completing a SBA Form 1919 is required for business owners applying for an SBA 7(a) loan. Learn more about this form and how best to complete it. The post All About the SBA Form 1919 (Plus, How to Fill One Out) appeared first on Fast Capital 360.

52

52

Eagle Business Credit

JULY 12, 2022

Being the owner of a small business means you have some experience with rapid business growth. One day it’s business as usual, and the next it’s wondering how to fulfill a massive purchase order for a major client. Meeting higher sales volumes means having more employees, supplies, and ultimately cash to support this growth. Growth is great, but lack of available working capital can mean the end of business instead of the expansion.

Small Businesses 52

Small Businesses 52

CreditStrong for Business

JULY 15, 2022

One common misconception about credit is that having no credit history is equivalent to having a bad credit score. It sounds right at first, but that’s not the case. People without a credit history are in a completely separate category from those with poor credit. Here’s what you should know about having no credit, including what your credit score really is before you get your first account and how to turn it into a good credit score.

Credit Scoring 52

Credit Scoring Credit Unions Credit Reporting Agencies Credit Card Companies 52

Wellen Business Credit

JULY 11, 2022

Can You Get a Capital Advance with Bad Credit? . It’s no secret that people with low credit scores have a difficult time securing financial assistance. Low credit scores mean that traditional financial institutions are reluctant to extend a loan – or if they do, it’s at a very high rate. For this reason, an alternative form of financing like a merchant cash advance (MCA) may be a better option for business owners with bad credit.

Credit Scoring 52

Credit Scoring Small Businesses 52

Lockstep

JULY 12, 2022

As touched in Part 1 , adaptive design requires an understanding of viewports and their pixel layouts. In this article, we explore how adaptive design works, what is adaptive coefficient and how to calculate adaptive coefficient for an application. What is Adaptive Coefficient and Adaptive Design? Here, we use relative styling unit REM to style elements.

Default 67

Default 67

Credit Tools

JULY 5, 2022

Simplification, standardization and protection of personal assets are the three key words of the new status dedicated to natural persons exercising their professional activity in their own name.

52

52

Beyond Capital Blog

JULY 25, 2022

The SBA 8(a) Business Development Program helps businesses obtain government contracts and more. See if you’re eligible for certification. The post The SBA 8(a) Program: Qualifications, Benefits and the Application Process appeared first on Fast Capital 360.

52

52

StackSource

JULY 5, 2022

[8 Steps] Credibility is the key to becoming a successful real estate developer. Learn how to earn it and keep it with these critical steps.

52

52

CreditStrong for Business

JULY 8, 2022

Many small business owners use their personal credit to start or help run their businesses. However, if you can establish and build your business credit, you may be able to use it instead. Solely using your business credit can keep your business activity from impacting your personal credit. This may help you qualify for more favorable terms when you need a personal credit card or loan.

Credit Scoring 52

Credit Scoring Default Small Businesses 52