Your Virtual Credit Manager

MAY 7, 2024

A customer who is happy with the way you handled and fulfilled their orders — somebody who has had a good Customer Experience (CX) with your company — is much more likely to consistently pay on time than another firm whose experience was less than acceptable. Among other customer service issues, the absence of fulfillment errors and invoice discrepancies removes valid reasons to delay payment.

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Credit and Collections Credit Risk Credit Management Order to Cash 130

Due

MAY 9, 2024

The Federal Reserve has released a statement detailing that some of the largest American banks participated in a new exercise. The Climate Scenario Analysis Exercise (CSA) involved some of the biggest names in banking and sought to asses their climate risk-management practices. Banks take part in climate exercise Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo participated.

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FundThrough

MAY 8, 2024

Introduction Crafting the Future of Content through Strategic Financial Agility Digital 55, an avant-garde digital studio, blends creative storytelling with cutting-edge technology to produce dynamic media and digital learning experiences. Under the leadership of founder and Chief Creative Officer, Lauralee Sheehan—an indie musician turned digital innovator—the company has carved a niche in creating impactful digital […] The post Digital 55 – Pioneering Creative Content with A Strategic Fi

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Credit Absolute

MAY 9, 2024

The weight of student loan debt in the United States has reached a staggering $1.7 trillion, impacting millions of borrowers. This financial burden can hinder homeownership, career choices, and economic security. The question of canceling student loans entirely has become a central debate in American politics and personal finance. While complete cancellation isn’t currently possible […] The post Is it Possible to Cancel Student Loans?

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Lendio

MAY 6, 2024

As more American consumers utilize next-generation payment methods like touchless transactions or smartphone payments, there’s a general sense that we’re headed toward a cashless world. However, there are still plenty of small businesses that operate exclusively in cash—and will continue to do so for years to come. If you’re trying to decide whether you should accept credit card payments, it’s never been easier.

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Credit Card Payments Small Businesses Credit and Collections Transactions 98

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MAY 10, 2024

The United States is currently in the throes of a staggering $34 trillion debt crisis, which has economists, policymakers, and the general public engaged in heated debates. The country’s debt-to-Gross Domestic Product (GDP) ratio is at an all-time high, a situation attributed mainly to unprecedented money printing. This has led to inflation and a looming social security crisis, with the government admitting that it may not be able to fully pay social security starting in 2034.

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Default 98

FundThrough

MAY 8, 2024

In this current economic environment, healthy cash flow is critical. According to a JP Morgan & Chase report, only half of all small businesses hold a cash buffer of less than one month. For companies facing the challenge of maintaining a robust cash flow, deciding on the right lending partner and/or financial solution is key. […] The post How to Choose Between Accounts Receivable Factoring and Financing: Key Considerations appeared first on FundThrough.

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Small Businesses 90

Credit Management Group UK

MAY 6, 2024

Late payment and poor payment practices continue to be an enormous burden on UK businesses. For the recruitment industry, particularly recruiters that deal with temporary placements, it is essential that cash flow is maintained; late or non-payment can have a significant impact on the cash flow of a business which can result in additional costs in extending finance arrangements if that is possible, and in severe cases even insolvency of the recruitment business.

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Credit and Collections Credit Risk Order to Cash Credit Management 83

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MAY 7, 2024

For many older Americans, the dream of a peaceful and worry-free retirement can be clouded by the weight of carrying debt as they age. With limited income sources such as Social Security, retirement savings, and pension plans, handling retirement debt can seem overwhelming. Nonetheless, recognizing how debt affects your stability and employing strategies to address it directly can pave the way for a more secure and fulfilling retirement.

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Credit and Collections Medical Billing Credit Card Payments Small Businesses 98

Accounting Department

MAY 8, 2024

An enterprise resource planning (ERP) system acts as the central nervous system for a business, integrating core processes needed to run a company into a single system. However, the path to ERP success is fraught with challenges.

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Enterprise Recovery

MAY 6, 2024

The tech industry is known for its rapid growth and innovation but faces unique challenges regarding debt collection and non-paying clients. Understanding the intricacies of debt collection in this sector is essential for companies to recover payments and maintain financial stability. Learn more about the complexities of debt collection within the tech industry and the strategies for successful payment recovery.

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Debt Collections 80

biz2credit

MAY 9, 2024

Buying a franchise can jumpstart your journey to business ownership, bypassing challenging tasks like brand building, earning customer loyalty, and even defining your products and services. Franchises also offer unique funding opportunities, like franchise loans and franchisor financing. But that doesn’t mean that buying a franchise is without its challenges.

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Chaser

MAY 8, 2024

Are you planning to attend Accountex London 2024 ? Chaser is excited to be exhibiting at this year's event, which is set to take place on Wednesday, May 15th, and Thursday, May 16th at the Excel. As the leading event in Europe's accounting and finance community, Accountex London is the perfect opportunity for businesses to connect, learn, and discover new technologies to enhance their financial processes.

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Accounting Department

MAY 9, 2024

The government contracting sector is highly regulated and requires strict compliance with Defense Contract Audit Agency (DCAA) regulations. With ever-evolving regulations and a complex accounting system to manage, the government contract (GovCon) industry has a steep learning curve for small and medium-sized contractors. However, technology has revolutionized business processes by simplifying accounting and ensuring DCAA compliance.

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Dashboards Small Businesses 84

Reorg Blog

MAY 10, 2024

The post Quarterly Focus: Global Debt Collection Strategy & Opportunities in Poland and France; Updates on Major Players appeared first on Reorg.

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Debt Collections 59

biz2credit

MAY 7, 2024

If you’ve been a small business owner long enough, you know how important marketing is. It’s how you get the word out about your products or services, attract customers, and ultimately drive growth. But with limited time and resources, it can be challenging to execute effective small business marketing campaigns. For many entrepreneurs, finding effective … Continue reading "AI marketing tools for Small Businesses" The post AI marketing tools for Small Businesses published first on.

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Small Businesses 59

Chaser

MAY 7, 2024

Selecting the perfect accountant for your business is a big decision. One that can have significant implications on your finances and success. The right partner provides invaluable support , while the wrong choice can quite literally cost you dearly. This guide will walk you through the essential tips for choosing an accountant tailored to your unique business needs.

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Due

MAY 10, 2024

The U.S. court system has delayed the rule to cap credit card late fees at a maximum of 8 dollars monthly, a win for major banking institutions. The legislation, a crucial step in protecting consumer interests, was championed by the Consumer Financial Protection Bureau (CFPS) and, unfortunately, was stalled in federal court on Friday, May 11. Credit card late fee cap stalled The injunction , halts the implementation of a regulation that would have gone into effect Tuesday, May 14.

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Reorg Blog

MAY 8, 2024

A CVC Capital Partners-led consortium is in advanced talks to acquire shares in PT Siloam International Hospitals Tbk, including from majority shareholder PT Lippo Karawaci Tbk.

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Plooto

MAY 10, 2024

Thames Valley Family Health Team (TVFHT) provides primary health care to more than 160,000 patients through a network of 120 physicians. As the team grew, managing its accounts became more onerous. The organization’s small accounting team input data manually to process, pay and track invoices — an approach that became unmanageable as the number of invoices tripled and then quadrupled over a two-year period.

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Nonprofit Organizations 52

Credit Tools

MAY 10, 2024

Explore cutting-edge strategies in credit management through comprehensive data analysis. This webinar delves into practical and innovative approaches to harness data for improved decision-making and.

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Credit Management 52

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MAY 10, 2024

In our increasingly digital world, the appeal of making money online has never been stronger. The internet is awash with tales of young entrepreneurs who boast about earning staggering sums from the comfort of their own homes or even while globetrotting. One such story that made the rounds was of a 21-year-old who claimed to rake in $45,000 a month through Amazon Associates.

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Reorg Blog

MAY 8, 2024

A CVC Capital Partners-led consortium is in advanced talks to acquire shares in PT Siloam International Hospitals Tbk, including from majority shareholder PT Lippo Karawaci Tbk.

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Lendio

MAY 9, 2024

Whether you’ve gone through a personal or business bankruptcy, lenders will consider past bankruptcies when making a loan decision. This post will cover common questions about bankruptcy and how it impacts your loan application. Can you get a business loan after bankruptcy? Yes, you can qualify for a business loan if you’ve had a bankruptcy. However, lenders will want to see that you’ve rebuilt your credit and will have varying waiting periods before you are eligible.

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lsq

MAY 9, 2024

ORLANDO, Fla. (May 9, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently announced the creation of a $25 million supply chain finance (SCF) program with a large Kentucky-based specialty energy company serving the metals manufacturing industry globally. The new SCF program allows the company to provide third-party-funded early-payment opportunities to their suppliers while standardizing payment terms to create working capital for the entire supply chain

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Credit and Collections 52

Due

MAY 10, 2024

Retirement opens opportunities to transition into a new career or business you are passionate about. Many retirees consider venturing into agriculture and livestock, believing farm life can be a relaxing and fulfilling experience compared to a conventional nine-to-five in the urban jungle. As with any business venture you may undertake — do your due diligence.

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Deductions 52

Reorg Blog

MAY 8, 2024

The post TEAR SHEET: ReNew Notes Fairly Valued, India Clean ‘27s Pick-Up Below Average; Negative FCF To Persist, Project Completions Support Modest Deleveraging; Additional Equity Needed To Double Capacity By ‘28 appeared first on Reorg.

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Credit Absolute

MAY 7, 2024

Many Americans struggle with paying their federal taxes. Even though you know you must pay taxes every year, you have found it impossible. People may complain about student loans, credit cards, and rent or mortgage payments, but their tax debt can be just as much of a headache. Bankruptcy has helped many people who have […] The post Can You Include Tax Debt in a Bankruptcy?

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Bankruptcy 52

Team Financial Group

MAY 8, 2024

Bière de Mac opened in 2017 and experienced three years of booming business and consistent growth until the pandemic forced them to close, resulting in a significant financial setback. With the help of Team Financial, George and Danny Ranville made crucial improvements to their brewing business to move from closure to thriving and are better prepared for unexpected challenges.

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Due

MAY 10, 2024

Oil giant BP is investigating the Supercharger facilities and staff that are in limbo after Tesla’s mass cuts. Tesla, the electric vehicle manufacturer, founded by billionaire Elon Musk, recently made the decision to axe a substantial amount of the company headcount in a cost-cutting exercise, a move that has significant implications for the industry.

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