Lockstep

JUNE 15, 2022

For B2B businesses, credit management is essential for accounts receivable (AR) management success. Proper, healthy credit management allows for steady cash flow, better collections management and a manageable days sales outstanding (DSO). . The Credit Research Foundation estimates that only 20% of credit departments have formalized policies. Be it lack of critical financial information, undue to time constraints, or higher priority projects, many companies, today, struggle to create formal cr

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AR Automation Bad Debt DSO Accounts Receivable (AR) 91

Business Credit

JUNE 29, 2022

New Net 30 Vendor Updates In today’s post we’ll cover several new net 30 vendor updates. From new products, reduced fees, easier requirements, and reporting additions; getting business credit is easier than ever. When you obtain a net 30 account with a vendor or supplier you have the opportunity to purchase their products and/or services […]. The post New Net 30 Vendor Updates – New Products, Fees Dropped and More appeared first on Business Credit.

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Abrigo

JUNE 30, 2022

What Are the Loan Betas in Your Plan for Rising Interest Rates? Loan betas, or how rates for new and repriced loans will act as interest rates rise, are critical ALM inputs for NIM forecasts. . You might also like this webinar, "Banking in a Rising Rate Environment: Myth Busters Panel." WATCH . Takeaway 1 In prior rising-rate environments, inaccurate loan betas have led to net interest margin gains falling short of ALM model projections.

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Beyond Capital Blog

JUNE 14, 2022

Whether it's not having money to cover payroll or expand, cash-flow problems can hamper small businesses. We'll discuss causes and solutions. The post Solving Cash-Flow Problems For Your Small Business appeared first on Fast Capital 360.

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Small Businesses 59

Credit Tools

JUNE 30, 2022

Pandemic, difficult geopolitical context, inflation, difficulty to find staff, rising interest rates. So many factors that impact the health of French companies.

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aptic

JUNE 30, 2022

Capway relies on the Aptic platform for invoice purchasing, contract financing, and debt collection Capway is a Swedish financial technology startup that provides access to finance and help companies grow through invoice purchasing, contract financing, and debt collection, among other things. The Aptic CLVR (formerly ARC) platform was the logical choice for co-founder Alexander D’Afflitto to roll out this service.

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Debt Collections 52

truly financial

JUNE 29, 2022

S witch to Truly Financial and Get More Than Just Spend Management. The landscape for small business banking is changing. Several large banks and online digital banks are abandoning SMBs for a host of business reasons. Most notable are the announcements by HSBC and Citi about exiting small business banking, and by the fintech / neobank Brex who has decided to focus on larger enterprises and software subscriptions.

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Credit Unions Small Businesses Transactions 52

Abrigo

JUNE 29, 2022

Ag Sector Outlook Presents Opportunity and Risk for Lenders Higher prices for agricultural producers and continued gains in farmland values are meeting rising interest rates and input costs. You might also like this webinar, "How to Position Yourself for High-Yielding Ag Loan Growth." WATCH. More Unpredictable Than 2019-2021. The general U.S. agricultural sector outlook.

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Credit Risk Credit and Collections Small Businesses 78

Beyond Capital Blog

JUNE 30, 2022

The Modified Accelerated Cost Recovery System enables you to calculate the depreciation expense your business can write off. Here's how you calculate it. The post How to Calculate MACRS Depreciation appeared first on Fast Capital 360.

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Credibly

JUNE 28, 2022

Table of Contents. Secured and Unsecured Small Business Loans: What’s the Difference? Which is Best? That Depends On…. How Can I Tell if My Small Business Loan is Secured or Unsecured? Find a Small Business Loan That Fits Your Needs. Wondering if small business loans are secured or unsecured ? Don’t worry, not all small business loans require collateral.

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Small Businesses Credit Scoring 52

Wellen Business Credit

JUNE 28, 2022

Chicago, IL – Wellen Capital is proud to announce it has joined the Truckstop.com Partner Marketplace. Truckstop.com is an innovative platform for carriers, shippers, brokers and freight businesses to find loads, negotiate rates, and handle a variety of their business needs. The Truckstop.com Partner Marketplace is a comprehensive transportation and logistics marketplace that provides a trusted ecosystem of products, solutions, and integrations for the entire freight community.

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Small Businesses 52

Lockstep

JUNE 10, 2022

According to the Anatomy of Work Index , 71% of knowledge workers experienced burnout at least once in 2020. Most of us have at some point in our lives experienced burnout and that definitely zaps the energy out of our career, friendships, and family interactions. Identifying burnout and avoiding it – though tough for engineering leaders – was easier to manage when teams met together daily.

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StackSource

JUNE 28, 2022

The entitlement process can be defined as obtaining a municipality’s legal approval to develop or redevelop a piece of real estate for a specific use.

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Abrigo

JUNE 19, 2022

New Fed Tool: ELE for 2023 CECL implementation The Federal Reserve's new Expected Loss Estimator, or ELE, tool for CECL is a spreadsheet-based option for smaller financial institutions to implement the current expected credit loss standard. You might also like these webinars especially for 2023 CECL adopters: "CECL Streamlined." WATCH. Takeaway 1 The ELE tool for CECL from the Fed is aimed at reducing the operational burden of implementation ahead of the 2023 deadline. .

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CECL Credit Unions 78

Team Financial Group

JUNE 28, 2022

We’re starting to hit that sweet spot with electric vehicle (EV) charging stations – most of the early bugs have been worked out and the cost-benefit analysis is becoming very reasonable. Plus, you can still sneak in as an “early adopter” of EV charging, getting an edge over your competitors by providing an extra service to draw in customers and employees.

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JSP Credit Management

JUNE 27, 2022

Some of our more avid readers, will know that we get our inspiration for our blogs from all manner of places. It could be clients, suppliers, peers, colleagues, partners, things we have read online amongst the plethora of content that all of us are subjected to as soon as we get online, or things we have seen out in the community. This time however, our inspiration has come from much closer to home, and it has to do with how we decide upon our approach.

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Debt Collections Credit and Collections Collector Credit Management 52

Beyond Capital Blog

JUNE 24, 2022

Backing a small business can prove rewarding. Here's how to invest in a business as well as some tips to set you up for success. The post How to Invest in a Small Business for Long-Term Revenue Growth appeared first on Fast Capital 360.

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Small Businesses 52

Lockstep

JUNE 10, 2022

At Lockstep, we believe that engineers with a product-mindset are a key ingredient to building a successful product. As we embarked on our journey to create a new category of products on Lockstep’s connected accounting network , we learned that providing value to customers is more than a task to complete, but is a mindset that’s required across the organisation from the top-down.

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GoCardless

JUNE 22, 2022

Professional templates you can send to customers to invite them to pay by GoCardless

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Abrigo

JUNE 13, 2022

Elder fraud prevention and education Learn strategies for recognizing and reporting elder fraud and exploitation. . Would you like other articles on BSA/AML training in your inbox? Takeaway 1 Elder abuse, exploitation and fraud continue to rise as the baby boomer generation ages. Takeaway 2 Learn to recognize common types of elder abuse and the red flags that may accompany them.

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Credit Unions Transactions 78

StackSource

JUNE 22, 2022

Debt Yield is a percentage measured by taking the property's NOI and dividing it by the loan amount. You can think of it as the cap rate on the loan amount.

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The Corcentric Blog

JUNE 21, 2022

The demand for external collaboration is perhaps most dramatic when considering current financial priorities.

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Beyond Capital Blog

JUNE 23, 2022

Franchising allows you to start a business quickly without reinventing the wheel. Here are the best franchise opportunities for 2022. The post 25 Top Franchises to Own in 2023 appeared first on Fast Capital 360.

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Lockstep

JUNE 1, 2022

As the Federal Reserve tightens interest rates at the highest level in over 20 years, it’s a good time to review your manual accounts receivable (AR) processes to seek out your unresolved cash traps. Even with rates on the rise, bank lending is accelerating faster than in recent years. It’s no surprise that rising interest rates are causing companies to evaluate their AR and cash position. .

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AR Automation Accounts Receivable (AR) DSO Credit and Collections 78

GoCardless

JUNE 22, 2022

Find out some of the key findings from our discussion customer churn

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Abrigo

JUNE 8, 2022

June is Elder Abuse Awareness Month. June 15 is World Elder Abuse Awareness Day. Now is the perfect time for financial institutions to reassess elder financial exploitation red flags. You might also like this webinar, "Elder Financial Exploitation – The Hidden Crime." WATCH . Takeaway 1 Elder abuse and elder financial exploitation continue to be growing concerns.

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Credit Unions Transactions 78

Credibly

JUNE 21, 2022

Obtaining a small business loan is often a critical step when starting and scaling a business. After all, financing provides business owners with the capital they need to launch their business, maintain cash flows during tough times, or expand their operation. However, obtaining funding as a small business can be a complicated procedure, if you don’t prepare.

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Small Businesses Credit Scoring Credit Unions Credit and Collections 52

Credit Tools

JUNE 21, 2022

To ensure a healthy business, it is vital that customers pay invoices on the contractual due date. The best way to make sure this happens is to have a cash collection system in place that is as.

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Beyond Capital Blog

JUNE 22, 2022

Here are 10 of the best business success stories (and the entrepreneurs behind them). See how these small ventures rose to become titans. The post 10 Business Success Stories (and the Entrepreneurs Behind Them) appeared first on Fast Capital 360.

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Lockstep

JUNE 29, 2022

While most accounting teams use Excel for their spreadsheet needs, a growing number of teams and organizations are moving to Google Sheets. At time where remote teams are ubiquitous, collaboration and cost ( Google Sheets is a free tool), are driving greater adoption of Google applications. Here are three helpful formulas in Google Sheets that all accounting teams should know. .

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