December, 2022

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Clean Code: Writing maintainable, readable and testable code

SAP Credit Management

Clean code is a term used to describe software that is easy to read, understand, maintain and test. In this blog I want to summarize some important principles, provide an entry into the topic for beginners. Besides, the blog shall connect to the style guide repository, the books and current initiatives where experts can contribute. If you do not want to miss an update on clean code, test automation, code reviews, unit testing, decision making, testability and other engineering / craftsmanship /

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Week Number 5: Inflation Fighting New Year’s Resolutions

RMAi Blog

Most would agree, 2022 has been a shocker. We have endured a year of price hikes, flat wages, and gas prices that hit all-time highs. In fact, the overall impact of inflation between November of 2021 and November of 2022 was 7.1%, and the impact of that kind of inflation on goods and services alone was even more dramatic. Consumers are now paying 8.5% more for goods and services than they were in March of 2021, according to the Bureau of Labor Statistics , U.S.

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10 Ways You’re Blowing Your Retirement Savings

Due

Everyone wants to retire and spend the rest of their lives in comfort and happiness. However, the harsh reality is that a comfortable retirement might take a lot of time to reach for many people unless they properly and intentionally prepare for it. More often than not, the financial decisions you make today can have a long-term effect, especially on your retirement budget.

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TMC Financing Secures Financing to Boutique San Francisco Hotel after other Banks Said No

TMC Financing

SBA 504 Program Helps The Hotel Castro Beat the Odds to Open in The Castro Hotel financing can be challenging, but when new construction and a pandemic are involved, it. The post TMC Financing Secures Financing to Boutique San Francisco Hotel after other Banks Said No appeared first on TMC Financing.

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Overcoming Challenges: Seasonal Businesses vs. Holiday 2022

Lendio

Ready or not, the holiday season has arrived. A number of experts are predicting more consumer spending for holiday 2022 and Deloitte’s State of the US consumer: September 2022 found that consumers are both spending more money and expressing less concern over day-to-day expenses. Both of these are great news for seasonal businesses that depend on holiday sales.

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Tips for Paying off Holiday Debt Before it Hurts Your Credit

Credit Absolute

Now that the festive season is behind you, what remains with you are the beautiful memories and of course, the huge holiday debt that you accumulated. As the new year kicks off, two factors can greatly impact your credit; how you pay (or not pay) your debt and how much of your available credit you […]. The post Tips for Paying off Holiday Debt Before it Hurts Your Credit appeared first on Credit Absolute.

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FLOCK Specialty Finance Furnishes Gold Sponsor Support of RMAI 2023 Annual Conference

RMAi Blog

December 29, 2022 (Sacramento, CA)  – FLOCK Specialty Finance has again demonstrated their ongoing commitment to superior education for the receivables management industry through a sponsorship of the Receivables Management Association International (RMAI) 2023 Annual Conference. FLOCK is participating as a Gold Sponsor, the highest sponsorship level available.

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10 Ways to Improve Your Future Financial State

Due

A 2022 study found that by September of that year, 63% of Americans lived paycheck to paycheck. Many of these people don’t think about how their spending habits will impact their future financial state. It’s easy to get so caught up in your daily wants and needs that you lose sight of your future financial goals. Although people don’t think of accumulating savings as exciting in the short term, it’s extremely important later on down the road. .

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Rethinking Receivables (Part 2): Why AI-Driven Automation Should Be Part of Any Long-Term Strategy

The Esker Blog

Close-up of business document in touchpad lying on the desk, office workers interacting in the background. In Part 1 of the Rethinking Receivables blog series, we highlighted four strategies that all finance leaders should prioritize in 2023 in order to maintain a healthy cashflow and resilient business model. Now, in Part 2, we explore the influence and impact of AI-driven automation within accounts receivable (AR), how to spot a best-in-class solution, and how they benefit stakeholders throug

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How A/R Collections Data Can Improve Working Capital Management

Gaviti

Are you looking for new ways to improve working capital management? Most business owners have this on their annual to-do lists. It is crucial for small businesses that typically do not have the extensive funding of their bigger competitors. Small businesses have increasingly turned to automation to resolve operational issues, and maintaining cash in hand is no exception.

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5 ways to get your sales team aligned with your credit team

Chaser

Siloing your sales and credit teams can have detrimental effects on your business, such as missing out on profitable customers, increased risks in collections, and decreased operational efficiency.

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Looking back at 2022 from a SAP and Microsoft perspective

SAP Credit Management

Introduction – SAP and Microsoft Webcast. Together with my colleagues Robert Boban and Goran Condric I run a weekly podcast (we should start calling it webcast…) about “ SAP and Microsoft ” and we just wrapped up the year 2022 in our episode 124. #124 – The one wrapping up 2022 (Jürgen Thomas) | SAP on Azure Video Podcast – YouTube.

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How to Start a Business in California: 7 Steps to Success

incfile

California has a long history of innovation and entrepreneurship, so it's no surprise that millions of small businesses call it home — 4.2 million of them, according to the U.S. Small Business Administration. Together, they account for a staggering 99.8% of California businesses.

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What Would You Choose as a Consumer: Living a Good Life or Saving for Retirement

Due

Most people fall into one of two categories. They are either savers or spenders. Savings are often prioritized for the future to secure retirement and financial security. Spenders prioritize their everyday desires and requirements while maintaining a sound financial situation with the idea of covering their retirement obligations in the future with better income or innovative solutions.

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How To Boost Cashflow With Late Payment Interest

Know-It Global

Did you know you’re legally entitled to claim late payment interest and compensation for any of your overdue invoices? Late payments are one of the most frustrating parts of doing business and the effects are devastating, with 440,000 businesses possibly being forced to close as a direct result of being paid late. This shows the importance of good credit control when it comes to cashflow!

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ERP and Accounts Receivable Automation Integration Best Practices

Gaviti

Information silos are one of the biggest thieves of efficiency at companies worldwide. Companies spread their data across multiple platforms that update at different rates. Ultimately, this data falls out of sync, and some departments never get access to invaluable information that could help them make better decisions. This is why so many companies now look to accounts receivable integration and other similar options to break down information barriers.

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No Surprises Act Q&A: All about Good Faith Estimates?

Waystar

You asked — we answered. After covering the ins and outs of the No Surprises Act , Waystar experts are now taking a deep dive into the NSA and Good Faith Estimates. As a provider, you know just how important Good Faith Estimates for self-pay or uninsured patients are when it comes to staying in compliance. While it may seem simple on the surface, there are many scenarios that can blur the lines when giving cost estimates before care.

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Master the SAP Build Lobby (in 3 minutes)

SAP Credit Management

SAP Build came out last month, and most of the focus is on the individual products, but I wanted to take a look at the SAP Build lobby, the one part that really unites all the products – and give you a few tips so you can use it efficiently and effectively. In an SAP BTP tenant, if you are subscribed to all three products, all the links to open any of the applications will take you to the same lobby.

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Alternative Business Loans for Your Small Business

Lendio

The availability of dependable cash flow can have a big impact on the success of a small business. Yet a 2021 report from the Federal Reserve shows that, when businesses applied for financing, nearly 60% of applicants were either outright denied or able to borrow only a portion of the money they needed. . It’s tempting to look at the bank as the bad guy in this scenario.

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Annuity Market Will Cool in 2023 as Interest Costs Soar: Expert Forecast

Due

A tumbling stock market and higher interest rates are forcing consumers to buy annuities. According to LIMRA , a trade group for the insurance industry, annuity sales in the third quarter of 2022 approached $80 billion, just beating the $79.4 billion record set in Q2. It’s an impressive 27% increase over last year. As in 2008, purchasing decisions seem largely driven by concern about stock market volatility and recession possibilities.

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TMC Financing is the No. 1 SBA 504 Hotel Lender in the Nation

TMC Financing

SBA 504 Program Provides Hoteliers with Affordable Financing Starting or expanding a hotel business is a huge undertaking – and securing financing is a large part of it. Luckily for. The post TMC Financing is the No. 1 SBA 504 Hotel Lender in the Nation appeared first on TMC Financing.

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Fearless Funding: Are You Scared of Spiders or a Web of Credit Denials?

Eagle Business Credit

Fear – noun – an unpleasant emotion caused by the belief that someone or something is dangerous, likely to cause pain, or a threat. I didn’t think I was scared of spiders until I came face to face with the largest spider I had ever seen before. I was in California talking to my wife on the phone. There I was, in mid-conversation, boasting about how nice the weather was–it was November and she was in a cold and wet England with two small children–when all of a sudden, I stopped talkin

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What Does An Interest Rate Rise Mean For Your Business?

Know-It Global

Updated December 2022: The Bank of England increased interest rates to their highest point in 13 years, up to 3.5%. The Bank of England have now raised interest rates for the ninth time this year in an effort to combat inflation. Interest rates have now climbed from 3% to 3.5%, the most rapidly these rates have climbed in a decade. So why are interest rates rising?

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Displaying the signature of a method in ADT permanently

SAP Credit Management

I’m sure you often have the situation that you are implementing a method in ABAP with ADT and you need information about the signature and the types that are used in the signature. The standard answer for this is the Element info (Shortcut F2) on the method name. Unfortunately, the element info is displayed in a small popup that immediately disappears when I go on with the implementation of the method.

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Can You Get A Startup Business Loan With No Revenue Or Credit Check?

Lendio

Every great business has to start somewhere. The founders of Apple and Amazon launched their business dreams in garages. Samsung began as a grocery store. Coca-Cola originally made its product in jugs and sold the now-famous soda for a nickel a glass at a local pharmacy. Many businesses start from nothing before becoming something special. Yet it’s also true that, when the right moment arrives, securing the right funding for your startup can be pivotal in getting your business off the starting b

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7 Ways to Pass Wealth to Your Heirs

Due

Death is not something anyone likes to talk about, yet it’s an unavoidable part of life and something you must prepare for, especially when you have people who depend on you financially. Suppose you spent your whole life working to have enough to provide yourself and your family with a comfortable living and accrued a substantial amount in assets.

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Incfile Small Business Entrepreneur Grant Winners Fall 2022

incfile

Incfile is excited to announce the next round of entrepreneurial grant winners. We’re looking for the business leaders of tomorrow, and our Entrepreneur Grant Program gives entrepreneurs a chance to get their projects off the ground.

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Small Business Financing Options with Debt

Eagle Business Credit

Funding Your Business. The boot-strap method of financing your business—tapping into your savings, retirement, or refinancing your mortgage for all the available capital possible—can be enough to get your business off the ground, but then what? Growing businesses require more funding, and when 82% of failed businesses cite cash flow problems as a cause, it is smarter to find a funding source sooner rather than later.

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Why Digital Technology is Crucial to an Accounting Firm’s Success

Plooto

For accounting firms , the changing business landscape, clients' evolving needs, and constant introduction of new technology coming to market can seem overwhelming. Help has arrived! We've created the following guide explaining the leading technologies, their impact on the accounting industry, and the accountant’s daily tasks.

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New Major Release is on the way – SAP Business Client 8.00

SAP Credit Management

Our new major release for SAP Business Client and SAP GUI for Windows is planned for Q1 2023. The beta started in July and is now closed. We received only positive feedback so far. Thanks for that and for the tireless testing! A glimpse of what’s coming with 8.00. Inplace-Navigation inside Fiori launchpad: You decide if your SAP GUI for Windows transaction is opened in a new tab or inplace.