February, 2023

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The most important SAP skills for 2023 – and how to gain them

SAP Credit Management

The year 2023 has been declared the Year of Skills by the European Commission. Currently more than three quarters of companies in the EU report difficulties in finding workers with the necessary skills, and latest figures from Eurostat suggest that only 37% of adults undertake training on a regular basis. The Digital Economy and Society Index shows that 4 out of 10 adults and every third person who works in Europe lack basic digital skills.

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Increase Your Digital ROI in 2023 with These Advertising Trends

Due

The digital advertising space has changed a great deal in the past few years, driven by changing technology, digital privacy regulations, safeguards that affect ad strategy , and sharp shifts in consumer and business behavior. Add to all this a significant pullback in digital advertising spend, and it’s clear why marketers face a truly disorienting landscape.

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How to Harness the Power of Digital Marketing for Accounting Firms

Plooto

As technology has gotten more advanced and accessible, digital marketing for accounting firms has become one of the best ways to reach and service potential clients. From social media to podcasting, online marketing offers an effective way for accounting firms to build brand awareness and increase their visibility across multiple channels.

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Top Business Banking Trends for 2023

Biz2X

With the rise of fintech and digital transformation, financial institutions across the globe are bracing for increased competition as more fintech companies, community banks, and commercial banks employ increased automation to deliver a better customer experience. The new year promises the race to provide faster, more convenient, and more affordable financial services, and products through new technologies will be on-running.

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Meet The 2023 FICO Decisions Awards Winners!

FICO Blog

Home Blog FICO Meet The 2023 FICO Decisions Awards Winners! 15 companies recognized for successful innovation in AI, machine learning and decision management Saxon Shirley Mon, 02/27/2023 - 08:09 by Nikhil Behl expand_less Back To Top Mon, 02/27/2023 - 08:00 2023 FICO Decisions Award Winners - Decisions That Matter It's with great enthusiasm that I reveal the victors of the 2023 FICO® Decisions Awards !

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Skyview Gets Ahead of Uncertain Economy with Help of LSQ

lsq

In late 2021, Dean Estrada and his colleagues at Skyview Capital began seeing some headwinds that could drastically impact their business. But instead of waiting to see what happened with the interest rate environment and credit market, the team decided to get proactive. “After a couple of years of essentially zero percent interest rates and easy money, we knew the bill was going to be coming due,” said Estrada.

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The Rule of 72 Explained: How Long Will it Take to Double your Savings?

Due

The Rule of 72 is a general mathematical guideline, in financial planning, that determines how long an investment portfolio will take to double. The Rule assumes a fixed rate of return (ROR), and calculates how long (years) it will take a portfolio to double in size, given that fixed ROR. This is an important concept to understand, for both retirees, and even active savers, who depend on fixed-rate investments to deliver the lion’s share of the returns from their nest’s egg.

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Cash Flow Projections: Strengthen the Financial Future of your Business

Plooto

For businesses of all sizes, managing an organization’s cash flow is an essential ingredient for success. For a business to successfully manage its cash flow , it must first understand its current cash flow standing and consequently project how cash flow will look in the future.

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Why you should automate your supplier and payroll payments

Chaser

Thanks to the emergence of cloud technology in the accounting space, historically time-intensive financial tasks such as processing accounts payable or chasing invoices can now be automated to save you time and reduce errors.

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Forming an LLC in Delaware vs. Florida

incfile

Determining whether to launch your LLC in Delaware or California involves taking a look at the pros and cons of each state so you can make the right decision for your business. Overall, Delaware is a better choice for most business owners due to its business-friendly court system and lower taxes. California may be a good fit for business owners who want access to a strong economy and lots of startup funding.

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FICO SBSS: Behind the Score the SBA Uses

tillful

Have you heard about the FICO Small Business Scoring Service (SBSS)? Like most business credit scores, the SBSS helps lenders and service providers understand the level of credit risk that businesses present. However, unlike most, FICO pulls financial data from the other major credit bureaus—collecting both personal and business credit history data under their business credit score.

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Use of ” Import Financial Plan Data ” Application for Projects

SAP Credit Management

Dear Readers, This Blog will cover how to use ” Import Financial Plan Data ” Fiori Application for Projects with different currencies for ” Project Planning ” I assume Readers are aware of basic Function/Feature of this application. Prerequisites : Necessary Configuration for Project System Availability of Master Data Maintain Category for Planning Download the Template ” Project Planning ” via Download Template button located in ” Import Financial Plan

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32 Ways for Kids to Earn Money in 2023

Due

It’s time to talk about how your kids can make money. Why? There is no denying that life with kids can be expensive. Besides wanting the latest (and hottest) items on the market, kids also outgrow things quickly. Furthermore, it teaches your child the value of a dollar when they make their money. Furthermore, making money as a kid will positively influence your child’s money habits for the rest of his or her life.

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How to Win the Accounting Talent War in 2023

Plooto

Finding and retaining top accounting talent continues to be a challenge for CPA firms, especially after the pandemic has fundamentally changed how we work. However, with the right strategies, accounting firms can position themselves as employers of choice in order to attract the best and brightest candidates.

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FICO Named America's Best Mid-Sized Employer by Forbes Magazine

FICO Blog

Home Blog FICO FICO Named America's Best Mid-Sized Employer by Forbes Magazine FICO recognized by Forbes for the third consecutive year Saxon Shirley Thu, 05/12/2022 - 07:46 by Richard Deal expand_less Back To Top Thu, 02/16/2023 - 20:00 FICO was recently named one of America’s Best Mid-Sized Employers by Forbes Magazine for the third consecutive year — ranking in the top quintile overall and #7 in the IT, Internet, Software & Services Industry segment.

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47+ Women in Business Statistics | Incfile

incfile

From tech startups to manufacturing companies, women entrepreneurs have been dominating the business world in the last few years, breaking into male-dominated spaces like they belong there (because they do).

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Chaser is launching a countdown to get $5 billion paid for businesses in 2023

Chaser

As one of the market-leading accounts receivable software platforms, Chaser was founded with the aim of making sure that businesses around the world could get invoices paid faster, without needing to pile extra resources into chasing money they had already earned. That's why Chaser is launching our push to get $5 billion paid for businesses in 2023.

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Enterprise Portfolio and Project Management in SAP S/4HANA Cloud, Public Edition 2302

SAP Credit Management

In this blog post I’d like to outline the innovations for SAP S/4HANA Cloud 2302 in the area of Enterprise Portfolio and Project Management. These are the topics that are covered: Preliminary Procurement Using Project Demand Functionality (4RF) Display of Production Order Costs in the Project Cost Report (1NT) Inclusion of Assigned Order Costs in the Project Budget Availability Report (1NT, 35F) Ability to Pass Down Settlement Rules in Investment Projects (1NT, 1YF) Create Reservations with

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How to Maximize Your Social Security Benefits in 2023

Due

Did you know that in 2023 approximately 67 million Americans per month will receive a Social Security benefit? To put it another way, nearly nine out of ten people over 65 received Social Security benefits as of December 31, 2022. Moreover, Social Security benefits represent about 30% of an elderly person’s income. Since your Social Security checks will likely be one of your main sources of income in retirement , knowing how to increase them is vital.

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LSQ Creates $1.5MM Accounts Receivable Finance Facility for Pet-Food Wholesaler

lsq

ORLANDO, Fla. (February 27, 2023) – LSQ, a leading provider of working capital and payments management solutions, recently originated a $1.5 million credit facility for a Connecticut-based pet-food wholesaler. The company will use the additional working capital to support growth and manage sales and inventory seasonality. As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management.

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US Card Skimming Grew Nearly 5x in 2022, New FICO Data Shows

FICO Blog

Home Blog FICO US Card Skimming Grew Nearly 5x in 2022, New FICO Data Shows Debit card skimming grew at the unprecedented rate of 368% from 2021 to 2022, but there are steps banks and consumers can take to combat compromised cards Darcy Sullivan Thu, 02/16/2023 - 15:43 by Debbie Cobb Senior Director, Product Management expand_less Back To Top Thu, 02/16/2023 - 15:35 In August of 2022, I explored the radical increase in card skimming for the first half of 2022.

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Here Are Expert Tips For Influencers Navigating Taxes This Year

incfile

For small business owners, it’s important to be thinking about taxes throughout the year and not just in April. But, if you’re an influencer or starting a social media influencer business , does this include you?

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FCRA Violations Explained & Common Examples

Credit Absolute

The Fair Credit Reporting Act came into law in 1970 to protect citizens’ credit information. Credit reporting agencies are bound by the act to provide accurate, factual, and up-to-date consumer information. Most importantly, the act ensures that standardized scoring models get furnished with the right information when determining your credit score. So, What Are FCRA […] The post FCRA Violations Explained & Common Examples appeared first on Credit Absolute.

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SAP® Warehouse Management in SAP S/4HANA Cloud 2302 – What’s New

SAP Credit Management

The first month of 2023 is coming to a close and with that we are already proud to present the latest release of our innovations in the area of Warehouse Management in SAP S/4HANA Cloud 2302. You can find the overview of this release by accessing the following link to our “What’s New in Warehouse Management in SAP S/4HANA Cloud 2302” presentation. In this latest Cloud release, we delivered a range of enhancements for core functionality (such as Quality Management enhancements, new Fiori App to l

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How to Start a Business— An Entrepreneur’s Startup Guide

Due

Aspiring entrepreneurs may need help to develop great business ideas , especially when it seems everyone has already taken all the good ones. Still, it’s possible to succeed by making old ideas or products better or giving them a new twist. Taking the chance to open a business can be both exciting and hard to understand. About 90% of new businesses fail, and many reasons exist.

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2022 Magic Quadrant™ for Procure-to-Pay Suites: Demonstrating the Importance of Understanding Market Needs

The Esker Blog

At Esker we were really pleased to learn that we met the inclusion criteria for the 2022 Gartner® Magic Quadrant Report for Procure-to-Pay (P2P) Suites the third year running. Providing companies across the globe with a solution that helps them better manage spending and financials is the reason why we go to work in the morning. What makes us truly ecstatic, though, is the fact that 97% of our customers reviewing us on Gartner’s Peer Insight platform would recommend Esker.

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Cash Flow Problems Solved

Plooto

Managing cash flow is one of the most critical challenges facing small businesses today. Intuit's study, The State of Small Business Cash Flow , reported that "61% of small businesses around the world struggle with cash flow. Because of cash flow issues , nearly one-third of those surveyed cannot pay vendors, loans, themselves or their employees." Data from Guidant Financial shows that the No. 1 challenge for 32% of small business owners is lack of capital/cash flow.

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2023 Tax Deduction Cheat Sheet and Loopholes

incfile

Not only can preparing taxes for your startup or LLC can be complicated, but it can also be costly. You could be overlooking thousands of dollars in deductions a year if you file without assistance. This essential tax deduction cheat sheet gets you started with the most eligible tax breaks you could be missing out on.

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Tough Sledding for Small Business Owners Seeking Financing in 2022

SMB Commercial Lending

In 2022, for small business owners seeking commercial loans there was little to no growth in lending approval percentages. Alternative lenders led the way with a 28% approval rate followed by institutional lenders at 25%. Large banks, defined as banks with more than $10 billion in assets approved the smallest percentage at 15%. Here are the statistics on lending approval percentages from the end of 2022.

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SAP Business One Support

SAP Credit Management

If you are an SAP Business One customer and you would like to know how to reach out to the SAP Business One support team, this blog is for you! If you are not an SAP Business One customer yet, and you would either like to know more about our solution, request a demo or speak with our Sales Team, please check the following SAP Business One page. Now, back to the SAP Business One support options.

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