Your Virtual Credit Manager
OCTOBER 31, 2023
Accounts receivable (AR) represent the amounts owed your business by your customers for the purchase of goods or services delivered on credit. Because AR constitutes one of largest assets on your books, proactively managing accounts receivable is crucial for the financial health of your business. Especially in these times of high interest rates and economic uncertainty.
Accounting Department
NOVEMBER 1, 2023
Business owners strive to maximize their company’s profits. After all, profits are the primary metric of a successful business. However, not everyone understands the difference between revenue and profit, and why it matters for their business.
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Lendio
NOVEMBER 2, 2023
This content is password protected. To view it please enter your password below: Password: The post Protected: Best States For Veterans to Succeed in Business appeared first on Lendio.
SSI Healthcare Rev Cycle Solutions
OCTOBER 30, 2023
The Next Era of Healthcare Revenue Cycle Mananagement: Why Experience and Expertise Matter More Than Ever Home / October 30, 2023 In an industry characterized by tightening margins, workforce reduction, and the omnipresent rise in medical claim denials, hospitals and health systems find themselves grappling with an age-old question: How do you do more with less?
Abrigo
NOVEMBER 3, 2023
Top 5 CECL best practices and their benefits Now that CECL is implemented, follow these recommendations for ongoing management to provide confidence and be more efficient. You might also like this webinar, "Conquering CECL model validation: Prepare for success." WATCH Takeaway 1 How can you ensure ongoing compliance and efficient management of the allowance for credit losses?
Accounting Department
NOVEMBER 2, 2023
When it comes to compliance with government regulations, navigating the intricacies and nuances of DCAA accounting is essential for any government contractor. DCAA stands for Defense Contract Audit Agency, a branch of the Department of Defense that is tasked with auditing and evaluating proposal and contract costs for the government.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
Gaviti
OCTOBER 30, 2023
The role of the CFO is changing as the financial industry undergoes a rapid transformation. By 2025, Gartner predicts that more than 80% of new job opportunities in finance will be in roles other than traditional accounting and financial planning and analysis (FP&A). With the assistance of autonomous technology, companies that want to be prepared for the future are welcoming this as a new opportunity for their financial departments to promote greater efficiency and an enhanced customer exper
Eagle Business Credit
NOVEMBER 2, 2023
When it comes to starting and running a successful business, there are hundreds of important aspects that you need to be focusing on. Ensuring fast and flexible funding , however, should be at the very top of your company priority list — that’s where accounts receivable financing comes into play. Why Choose Accounts Receivable Financing?
Accounting Department
NOVEMBER 3, 2023
We are thrilled to announce that Episode 5 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.
Lendio
NOVEMBER 1, 2023
There are many different kinds of small business loans, making it essential to do your research before beginning any application process. Rushing the process is akin to walking into a paint store and telling the clerk you need a can of paint, any kind will do. You’d end up driving home with a new can of paint, but it’s unlikely you’d get the one needed for your specific job.
Loomis Sayles Credit Research
OCTOBER 31, 2023
Michael, prior to the pandemic we hadn’t seen high inflation rates for decades. What contributed to the higher rate we have seen in the past few years? Also, w hat signals influence your inflation outlook? The relatively high inflation of the past few years was largely a result of pandemic-related supply and demand imbalances. This recent inflation episode was distinctive.
TreviPay
NOVEMBER 1, 2023
As a seller, you want to be easy to do business with. That’s why you invest in your eCommerce experience and make sure you have the best sales and customer support teams in place – to make doing business with your company the preferred choice. But no matter how well you know your B2B customers, there are always pain points they don’t tell you. That’s why we partnered with Murphy Research to survey global business buyers to see where sellers are falling short.
Reorg Blog
OCTOBER 31, 2023
Seazen Group told certain investors that it has submitted its proposed plan of issuing REITs in the infrastructure sector to China’s National Development and Reform Commission.
Lendio
NOVEMBER 1, 2023
You might consider an SBA microloan if you’re trying to start a business or expand your current small business. These loans are available for $50,000 or less and come with low interest rates and flexible repayment terms. Before applying, however, it’s key that you understand how the program works and its eligibility requirements, as this information will help you determine whether or not an SBA microloan is the right choice for your business.
SSI Healthcare Rev Cycle Solutions
NOVEMBER 2, 2023
Advancing 275 Electronic Attachments in Medical Billing: A Move Towards Efficiency Home / November 1, 2023 Author: Tracey Tillman, CRCR, Sr. Director of Product Management at SSI The healthcare sector is no stranger to the myriad complexities associated with medical claims and billing processes. Among them, the 275 electronic attachment is emerging as an essential tool in the realm of Revenue Cycle Management (RCM).
Due
NOVEMBER 1, 2023
Having an emergency plan is more important than ever in today’s world. Among the ways to accomplish this is by stockpiling food. In other words, you should have food on hand if there is a shortage or disruption of the food supply. Why would you want to stockpile food? There are a number of reasons for this, including: Natural disasters. There are many natural disasters that can disrupt the food supply, including hurricanes, floods, earthquakes, and wildfires.
Know-It Global
NOVEMBER 1, 2023
The Know-it team is growing, and we are pleased to welcome Phil Hobden as Head of Growth and Strategy! We are very excited to have Phil join us and we asked Phil some questions about why he decided to be a Know-it-all. Here’s what he had to say: What were the deciding factors for you to join us? Honestly, it’s a combination of factors – I always look for a business with strong existing leadership who bring with them a track record of success – clearly something that Lynne has done wi
Reorg Blog
OCTOBER 31, 2023
The post Adani Green to Raise $1.35B Loan to Fund Solar Projects; Cash Collateral for $750M Holdco Bond Likely by January 2024 appeared first on Reorg.
Biz2X
NOVEMBER 3, 2023
Reading Time: 3 minutes For banks, AI is not just about automating processes; it’s about amplifying intelligence and enabling data-driven decision-making. Consider the customer experience—an arena where AI’s prowess is most evident. Automation, powered by AI, allows banks to offer highly personalized and targeted services. Through predictive analytics, AI can anticipate customer needs, enabling banks to proactively provide tailored solutions.
Due
NOVEMBER 1, 2023
It’s Fed Day, a highly anticipated event in the financial world when the Federal Reserve makes its interest rate decision. This decision can significantly impact not only the stock market but also the broader economy by affecting credit card, mortgage, and other debt costs. In this article, we dissect a recent Instagram reel transcription, providing insight into the potential consequences of the Fed’s decision and the connection between interest rates, inflation, and economic growth.
NorthOne
NOVEMBER 3, 2023
In the construction business, the ability to navigate the intricate web of finances is like wielding a powerful tool. The construction industry demands thorough financial management to ensure projects are executed seamlessly and profitably. However, construction finances can be complex which deters business owners from diving into this essential aspect of their operations.
Reorg Blog
OCTOBER 31, 2023
Adevinta suitors Permira and Blackstone are considering taking preferred equity from shareholders Ebay and Schibsted to support the delisting of the Norwegian classifieds business.
Biz2X
NOVEMBER 3, 2023
Reading Time: 3 minutes For banks, AI is not just about automating processes; it’s about amplifying intelligence and enabling data-driven decision-making. Consider the customer experience—an arena where AI’s prowess is most evident. Automation, powered by AI, allows banks to offer highly personalized and targeted services. Through predictive analytics, AI can anticipate customer needs, enabling banks to proactively provide tailored solutions.
Due
OCTOBER 31, 2023
There are many people who dream of retiring early. By leaving the workforce behind, you are able to spend your free time as you please. What is the best way to achieve early retirement? To succeed, you need discipline, planning, and a few smart financial moves. You can retire early if you follow these 15 secrets: 1. Know your retirement number. Generally speaking, people can establish rough retirement goals by following two rules of thumb.
Emagia
NOVEMBER 2, 2023
Editor’s Note: Thank you for joining for part four of four in our “Beyond ChatGPT” blog series. If you’ve missed the previous installments in this series, click one of the following links to review this critically important content. Beyond ChatGPT: Understanding the Trends of Evolving Generative AI For Finance Beyond ChatGPT: Unlocking the Power of GenAI in Billing Beyond ChatGPT: Unlocking the Power of GenAI in Receivables Collection Generative Artificial Intelligence (GenAI) is generating sign
Reorg Blog
NOVEMBER 3, 2023
Relevant Document: Backstop Procedures Motion The Air Methods debtors filed a motion on Sunday, Oct. 29, seeking approval of backstop procedures in connection with the up to $335 million of new capital raises at the heart of the debtors’ plan.
SSI Healthcare Rev Cycle Solutions
NOVEMBER 2, 2023
Advancing 275 Electronic Attachments in Medical Billing: A Move Towards Efficiency Home / November 1, 2023 Author: Tracey Tillman, CRCR, Sr. Director of Product Management at SSI The healthcare sector is no stranger to the myriad complexities associated with medical claims and billing processes. Among them, the 275 electronic attachment is emerging as an essential tool in the realm of Revenue Cycle Management (RCM).
Due
OCTOBER 31, 2023
After spending decades diligently saving and investing for retirement, it’s now time to turn your attention to what you always dreamt of — relaxing, pursuing your passions, and enjoying the fruits of your labor. In the excitement that comes with the new-found freedom, however, many retirees forget one thing that’s crucial to enjoying a comfortable and worry-free retirement: tax planning.
Lendio
NOVEMBER 2, 2023
As a business owner, you know how important it is to maintain a good credit score. It not only affects your personal finances but also has an impact on your business’s ability to qualify for loans and other forms of financing. But what exactly can hurt your credit score? Here are some factors that you should be aware of. Payment history Your payment history is vital for your credit score.
Know-It Global
NOVEMBER 2, 2023
The ongoing late payment threat facing UK businesses is now so bad, it has caught the attention of Westminster. According to recent polling , almost two-thirds (65%) of MPs support the introduction of a compulsory Prompt Payment Code (PPC) to protect small and medium-sized enterprises’ (SME) cash flow. As it stands, the Prompt Payment Code (PPC) remains voluntary for businesses to abide by, which exempts businesses from having to pay majority of invoices issued by SMEs within the first 30 days o
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