Your Virtual Credit Manager
SEPTEMBER 27, 2022
Photo by LinkedIn Sales Solutions on Unsplash When your Quotations do not address all of the key elements of a business “deal,” or when they do not agree with the details laid out in your customer’s Purchase Order (PO), Quotations can be at the root of many of your Accounts Receivable (AR) ills. A sale starts with a quote – whether it be verbal or writte… Read more.
Lockstep
SEPTEMBER 21, 2022
When scaling your business, email no longer becomes the “best” or “easiest” tool to use. This is why sales departments use Salesforce to manage account status, notes and communications. This is why your IT department has a helpdesk took like JIRA to compile and organize internal inquiries, because traditional email is not scalable. But why then, is your accounting team using disparate accounting email inboxes to manage vendor and customer communications?
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Abrigo
SEPTEMBER 29, 2022
Construction loan softwares are a windfall of efficiency for financial institutions. Essential technology for modern lending and credit departments. Learn more about what they are and how they help banks and credit unions gain needed efficiency in the loan administration process. You might also like this webinar, "How to manage a high-performing construction loan portfolio.
MSCCM
SEPTEMBER 30, 2022
B2C payments are thoroughly digitized and automated, but B2B payments are still frequently paper-based. In fact, recent data estimates 50% of B2B payments are still made via paper check. Paper invoices and checks lead to lost information, lost money, and less efficiency. With innovations in payment technology available to streamline B2B payments, there’s no better.
Loomis Sayles Credit Research
SEPTEMBER 30, 2022
The rate and currency shocks in the United Kingdom this week have caused some market participants to compare the UK to an emerging market economy. I think it’s a poor comparison. In my view, an important root of the problem was a market mispricing of Bank of England (BoE) messaging and a reversal of government intentions stemming from the energy price shock.
The Corcentric Blog
SEPTEMBER 29, 2022
The journey to Best-in-Class accounts payable starts with a single step: reviewing your own performance — both current and historical.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
Lockstep
SEPTEMBER 29, 2022
If you’re like most accounting teams, you spend a lot of time managing approvals. Whether it’s AR or AP approvals, getting the right documents and signatures can be a tedious process. That’s why Lockstep Inbox’s latest feature is so important. With our new approvals feature, you can quickly route approvals to the appropriate person within your organization, invoice approval, payment authorization, and more.
Abrigo
SEPTEMBER 29, 2022
Construction loan management software Construction loan management softwares are a windfall of efficiency for financial institutions. Learn more about what they are and how they help banks and credit unions gain needed efficiency in the loan administration process. You might also like this webinar, "How to manage a high-performing construction loan portfolio.
FundThrough
SEPTEMBER 29, 2022
Fintech payment companies provide services such as credit card payments, e-commerce checkout, mobile wallets, and other financial transactions. They also offer merchant accounts and other tools to help businesses accept payments. As the global economy continues to evolve, fintech payment companies are becoming increasingly vital to the success of businesses of all stripes and sizes. […].
Hilton Baird
SEPTEMBER 29, 2022
Is there a way to spot a potential late payment before it occurs? We certainly think so. Here we identify the tell-tale signs. The post How to spot a late payment before it happens appeared first on Hilton-Baird Collection Services.
Waystar
SEPTEMBER 29, 2022
Collections are a balancing act. “If your point-of-service (POS) collections start at the point of service, you’re already behind,” says Eric Sulivant, solutions strategist at Waystar. “But if you reach out too early, too often, or you’re using a communication method your patients don’t prefer, patient satisfaction declines.” So how do you strike the right balance?
Your Virtual Credit Manager
SEPTEMBER 13, 2022
Photo by Jp Valery on Unsplash Payment deductions, also known as chargebacks or short pays, happen when the customer pays less than the full invoice amount. They occur because a customer does not receive your product or service as ordered, or feels the invoice is incorrect. Should you confirm that the customer is indeed correct, the deduction is removed from the Accounts Receivable (AR) ledger via a credit memo.
Lockstep
SEPTEMBER 14, 2022
Your Accounting Inbox Needs a Workflow Overhaul: Part 4. Email was never designed as an accounting tool. Using email to manage the inflow of communications and documents to/from customers and vendors may make sense on paper, but when scaling your operations, or when hiccups to your operations occur, email quickly outgrows its welcome for accounting teams.
Abrigo
SEPTEMBER 28, 2022
Construction loan administration Find out how today's technology has changed the shape of construction loan administration, creating a better customer experience and reducing risk. You might also like this webinar, "How to manage a high-performing construction loan portfolio." WATCH. Takeaway 1 Construction loan administration can be tedious and complex.
Beyond Capital Blog
SEPTEMBER 28, 2022
Finish the year strong. Prepare a Q4 strategy to achieve business success with these 10 top tips. The post 10 Ways to Prepare Your Q4 Strategy (and Finish the Year Strong) appeared first on Fast Capital 360.
Credit Tools
SEPTEMBER 28, 2022
Managing the customer's financial relationship is all the more necessary when it is uncertain. How to define a real strategy to develop the turnover of your company while preserving its cash flow and.
The Corcentric Blog
SEPTEMBER 27, 2022
Procurement must move up the maturity curve to become a stronger business partner, both internally and externally.
Your Virtual Credit Manager
SEPTEMBER 6, 2022
Photo by 2H Media on Unsplash Are you managing your Accounts Receivables (AR) with the end of the year in mind? Your AR and Cash balance at December 31, 2022, is a very important number. Suppliers, Lenders, and Credit Rating agencies will place substantial importance on these numbers (among others), when assessing your liquidity and overall financial str… Read more.
Lockstep
SEPTEMBER 30, 2022
You may have received communication from Microsoft or Google about security updates that will disable Basic Authentication over the next few days. To support the advanced authentication enhancement, Microsoft and Google may require you to take a couple steps to ensure your email automations with Lockstep remain operating. . To assist you with these changes, we have outlined the required steps below.
Abrigo
SEPTEMBER 28, 2022
Construction loan spreadsheets are slowing you down. Construction loan risk management software leverages technology and sound process management to pull construction lending away from its manual roots. You might also like this webinar, "How to manage a high-performing construction loan portfolio." WATCH. Takeaway 1 There was a time when spreadsheets were your best choice for tracking construction loans.
Prosper
SEPTEMBER 27, 2022
One of the best parts of homeownership is being able to customize your home exactly how you want it. You don’t have to make your life fit your home- you can make your home fit your life. Not only that, but thoughtful renovations can often increase your home’s value, making your home an even more substantial investment. But how much does it cost to renovate a house?
Skogen Capital Lending
SEPTEMBER 26, 2022
Business loans can help launch or expand a business. These funds can be used to purchase inventory and/or equipment, lease operational space, and cover payroll or other expenses. Unfortunately, it’s often difficult for new businesses to get this type of funding. In this blog, we’ll explain the top 8 things that could be stopping you from getting a small business loan. 8 Reasons You Can’t Get a Small Business Loan.
The Corcentric Blog
SEPTEMBER 27, 2022
Corcentric met with Jon Swan from Forums International to discuss the challenges credit managers face today.
FNB Small Business
SEPTEMBER 26, 2022
When you partner with our team at FNB Small Business Finance, we want the process to be as transparent as possible to ensure everything goes smoothly. Our team has decades of experience and is dedicated to helping small business owners achieve success. Here is what you can expect the SBA process to look like with our team. Read More.
Actico
SEPTEMBER 25, 2022
Intelligent automation for, and by, the business user; this is the motion that we discuss in our latest white paper.
Abrigo
SEPTEMBER 21, 2022
Driving efficiency and reducing risk Construction loan risk management software leverages technology and sound process management to pull construction lending away from its manual roots. You might also like this webinar, "How to manage a high-performing construction loan portfolio." WATCH. Takeaway 1 Construction loan risk management software can modernizing the administration of construction loans and increase draw interest by 12%.
FundThrough
SEPTEMBER 23, 2022
Although we offer a Catch Up Bookkeeping Service here at Bench, we know that some business owners prefer to tackle overdue bookkeeping on their own. Here’s a step-by-step process you can use to plow through your bookkeeping backlog in no time. Step 1: Gather your receipts First, collect all of the receipts and invoices […]. The post How to Catch Up on Your Bookkeeping appeared first on FundThrough.
Bectran
SEPTEMBER 23, 2022
As the technology space continually evolves, B2B organizations must acknowledge the need to adapt to the demands of the industry – and taking advantage of the timesaving and error-prevention benefits provided by SaaS is one of the best ways B2B companies are staying competitive. Many companies have adopted SaaS-based infrastructure to reduce mundane tasks, automate manual processes and decrease processing errors.
The Corcentric Blog
SEPTEMBER 23, 2022
For big company CFOs, the digitization of B2B payments is about a commitment to a much broader digital transformation of business processes as a whole.
Beyond Capital Blog
SEPTEMBER 23, 2022
Whether your talents are creative or more analytical, here are some of the best home business ideas that are available today. The post The 17 Most Successful Home-Based Businesses appeared first on Fast Capital 360.
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