Sat.Aug 03, 2024 - Fri.Aug 09, 2024

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Crown Asset Management Supports Charity Golf Tournament

RMAi Blog

DULUTH, GA – Crown Asset Management , a Georgia-based receivables management firm, proudly supported the Mitsubishi Electric Classic this April. The charity golf tournament took place at TPC Sugarloaf. The Mitsubishi Electric Classic is an annual Champions Tour men’s professional golf tournament featuring players ages 50 and over. Giving back is at the heart of this tournament, with two primary beneficiaries selected annually.

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How Much Credit Should You Extend?

Your Virtual Credit Manager

Extending credit is standard practice if you are selling to other businesses. In the world of business-to-business (B2B) commerce there aren’t many situations where you can require payment in advance or upon receipt of goods or services. Most commercial enterprises are simply not willing to continue trading without credit terms, making it difficult for any trade credit grantor to generate enough revenue to survive on cash sales.

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Leverage TreviPay’s Contract Price Verification Service to Grow Your Business

TreviPay

Price verification ensures adherence to pre-negotiated prices across all distribution channels. For decades, TreviPay’s Contract Price Verification Service has provided price automation, including auditing and correcting point-of-sale pricing for buyers. Why is this so valuable? Being able to guarantee customer pricing tiers with specific pricing, down to the SKU (Stock Keeping Unit) level is instrumental in delivering an outstanding customer experience.

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How to detect counterfeit checks

Abrigo

The basics of counterfeit check detection for banks and credit unions Check fraud is surging and technology advances aren't helping. Are traditional methods of detection enough to protect your financial institution from losses? You might also like this webinar, "Tackling operational risks: Strategies for check fraud and ransomware prevention" register Takeaway 1 Financial fraud is becoming more sophisticated in today's world, and counterfeit checks and duplicate check deposits are significan

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4 Things Great Companies Do to Improve Cash Flow

Speaker: Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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Top 5 Financial Mistakes Businesses Make and How to Avoid Them

Enterprise Recovery

Navigating the financial landscape of business operations can be daunting, regardless of the company's size. From small startups to large corporations, financial challenges constantly require careful planning and strategic decision-making. Whether managing cash flow, setting financial goals, staying compliant with taxes, or planning for growth, businesses must proactively address these challenges to ensure long-term success and sustainability.

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How to Improve your Business’ Order to Cash Process

Credit Management Group UK

It is a wide spread misconception that credit management is solely based around the collection of overdue invoices, when in fact the scope of effective credit management encompasses the entire process from order to payment. Anything that happens before payment is received can impact a company’s ability to get paid. To reduce your risk of late payment, or no payment at all, we recommend you have a clear and proactive ‘Order to Cash’ Process, along with procedures that are up to date, relevant and

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How to Qualify for Minority Business Loans 

biz2credit

Securing funding is a significant challenge for many minority-owned businesses, who often face disproportionate barriers in accessing financial resources. This article aims to demystify the process of qualifying for minority business loans, offering detailed guidance on eligibility criteria, necessary documentation, and how to enhance your chances of approval.

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Is the Soft Landing Doomed?

Loomis Sayles Credit Research

Feeling a little queasy after this week’s volatility? You’re not alone. On Monday, 5 August, equity markets tumbled and the Cboe Volatility Index, a measure of market volatility known as the VIX, soared to its highest level since March 2020. [i] Stocks rebounded on Tuesday and while volatility appears to be subsiding for now, many investors are left feeling uneasy about weaker US employment data and the risk of a recession.

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Transforming Your Business Strategy with Outsourced FP&A Expertise

Accounting Department

In today’s competitive market, small to medium-sized businesses (SMBs) face the challenge of making strategic decisions with limited resources. One area that often gets overlooked in this equation is Financial Planning & Analysis (FP&A). While it might sound like something reserved for larger corporations with extensive budgets, FP&A is crucial for SMBs aiming to maximize their potential and secure a competitive edge.

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Benchmarking ROI with Forrester: Measuring the Success of Finance Transformation

Finance Transformation Myths Busted Over 75% of organizations struggle to define the right success metrics to benchmark the impact of their finance transformation investment. Whether you are just initiating your digital transformation journey or planning to pitch your next AI project to leadership, without the right metrics and a rigorous tracking process - all your efforts might go to waste!

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How to account for fixed assets and depreciation in QuickBooks using recurring journals

blue dot counseling

There are all sorts of apps and fixed asset modules out there but the simplest way to deal with fixed assets and depreciation is just to get the booking right and then let QuickBooks take care of the rest. The post How to account for fixed assets and depreciation in QuickBooks using recurring journals appeared first on Blue Dot Consulting.

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Unlock Unlimited SBA 504 Commercial Real Estate Financing

TMC Financing

An SBA 504 Loan Guide for CRE Brokers: The Optimal Choice for Business Owners Seeking Owner-User Property Navigating traditional lending caps can be challenging for small businesses, especially those in. The post Unlock Unlimited SBA 504 Commercial Real Estate Financing appeared first on TMC Financing.

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How Long Does It Take to Improve Your Credit Score 100 Points?

CreditStrong for Business

A good credit score is the key to unlocking many doors in personal finance. You’ll need a good credit score to access the best credit card accounts, get an affordable car loan, and become a homeowner. Unfortunately, 30.9% of Americans have a subprime credit score. 1 While you can always recover from having bad credit, it’s usually not a short road. Here’s how long you can expect it to take to improve your credit score by 100 points or more, plus everything you need to know to pull it off.

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Factoring-Software erklärt: Cloud-basierte Software versus On-Premises-Software

aptic

Reibungslose Factoring-Prozesse steigern das Betriebskapital von Unternehmen und verbessern die betriebliche Effizienz, indem sie die Lieferkette und den Cashflow optimieren. Es gibt grob gesagt zwei Arten von Software, die Sie für den Factoring-Prozess nutzen können: cloud-basierte Lösungen oder On-Premises-Software. In diesem Blogartikel tauchen wir tiefer in die Welt der Factoring-Software ein und vergleichen cloud-basierte Software mit der On-Premises-Alternative.

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How to account for fixed assets and depreciation in QuickBooks using recurring journals

blue dot counseling

There are all sorts of apps and fixed asset modules out there but the simplest way to deal with fixed assets and depreciation is just to get the booking right and then let QuickBooks take care of the rest. The post How to account for fixed assets and depreciation in QuickBooks using recurring journals appeared first on Blue Dot Consulting.

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Compare BigCommerce Integration Companies: Choose the Right Fit

Grit

Integrating your BigCommerce store with necessary tools and processes can greatly improve your business operations and customer experience in the quickly changing eCommerce industry. To achieve smooth and effective integrations, choosing the correct BigCommerce integration provider is essential. This article offers a thorough analysis of several leading competitors in the industry as well as detailed guidance on how to select the top BigCommerce integration companies.

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5 Small Business Loans in Texas [And Where to Get Them]

CreditStrong for Business

Starting a business in Texas has been a popular move in recent years since the state boasts the second largest economy in the US. The Lone Star State also gives small business owners impressive tax breaks, which can make a big difference in your bottom line. But there’s still the question of how to get the business funding you need. Using a loan to get working capital for your small business helps you expand, pay for daily expenses, and improve your cash flow.

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How Much Liquidity Do You Really Need in Retirement?

Due

Retirement advice articles often focus on accumulating a specific nominal amount of wealth, then controlling expenses so that you never outlive your proceeds. These are valuable points of consideration , but they neglect another important aspect of retirement planning: liquidity and cash management. How much liquidity do you really need in retirement and how should you consider liquidity across your investments?

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What is an invoice?

Chaser

An invoice is a legal document requesting payment for products sold or services rendered. It contains the costs of products purchased or services provided and the expected payment date. Invoices are important for tracking sales, accounting, inventory control, and compliance with business regulations.

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BigCommerce Schedule Ads Explained: Features and Benefits

Grit

As Jeff Bezos once said, “We see our customers as invited guests to a party, and we are the hosts.” This mindset is crucial for success in eCommerce. Scheduling ads strategically can make a significant difference in your marketing effectiveness. According to McKinsey , personalization can increase marketing ROI by up to 30% , demonstrating the impact of well-timed and targeted advertising.

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6 Small Business Loans in Florida [And Where to Get Them]

CreditStrong for Business

Small businesses in Florida make up 99.8% of the Sunshine State’s businesses, and they employ 3.6 million Floridians, according to the U.S. Small Business Administration (SBA). If you’re looking to start a new business or expand an existing one, there are plenty of opportunities for financing, both locally and nationally. Local Small Business Loan Options for Small Businesses in Florida If you like the idea of going local, there are plenty of small business loans in Florida to consid

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The Essential List of Small Business Associations

Lendio

Small business associations provide many benefits, including networking, training events, information on industry trends, and discounts on items like insurance, office products, training, and conferences. Finding the right associations could be the difference between getting a foot in the door, having emails or calls answered—and can ultimately help you build relationships that change the trajectory of your business.

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Dentist’s and the New Robot: first automated dental procedure

Due

In a groundbreaking development that has sent shockwaves through the dental community, a robot has completed the world’s first fully automated dental procedure on a human patient. This technological leap marks a significant milestone in dentistry and could potentially revolutionize how dental care is delivered. The Man Behind the Machine: Edward Zuckerberg, yes, Zuck’s dad Surprisingly, the driving force behind this innovative project is Edward Zuckerberg, father of Facebook founder

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EARNINGS: Liberty Latin America Q2 Revenue Unchanged at $1.118B; Adjusted OIBDA Down 12% YoY to $389.1M

Reorg Blog

Relevant Document: Earnings Release Liberty Latin America reported $1.118 billion in revenue for second-quarter 2024, unchanged from $1.12 billion in the same period last year. Consolidated adjusted OIBDA for the second quarter was $389.1 million, down 12% year over year.

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How Do Business Loans Work?

CreditStrong for Business

As a small business owner, it’s important to understand what financing options are available to you and how to take advantage of them to build your business. Depending on what you’re hoping to accomplish, some business loans may be better than others. Here’s what you need to know about how different types of business loans work. What Is a Business Loan, and What Are They Used For?

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Will Dendy Joins TMC Financing to Strengthen SBA 504 Lending in Greater San Diego

TMC Financing

August 2024 – TMC Financing, the nation’s leading SBA 504 lender, is pleased to announce the addition of Will Dendy to its San Diego business development team. Dendy, a seasoned. The post Will Dendy Joins TMC Financing to Strengthen SBA 504 Lending in Greater San Diego appeared first on TMC Financing.

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Mastering Portfolio Allocation in Volatile Markets

Due

Many strategies and approaches are available to investors, even now. Amidst this sea of advice, a straightforward rule of thumb stands out for its simplicity and effectiveness. This rule, often overlooked, can be the difference between a successful investment portfolio and an underperforming one. Learn to master your portfolio even during volatile markets.

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EARNINGS: Squarespace Q2’24 Revenue Up 20% YoY to $296.8M; Adjusted EBITDA Declines 1.8% to $72.1M

Reorg Blog

Relevant Document:Press ReleaseSquarespace reported a 20% year-over-year increase in total revenue for the second quarter ended June 30, 2024, amounting to $296.8 million, up from $247.5 million in the same period of 2023. The company's Presence revenue saw 25% growth to $215.

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The Best Options For Startup Business Loans With No Revenue

CreditStrong for Business

Getting a business loan with no revenue sounds like it’s out of reach when you’re familiar with lenders asking for balance sheets, annual profits, and bank statements. Without the revenues to prove that you’re good for the money, it’s difficult to get an approval. Even when you do find a lender that’s willing to work with a start-up, you’re going to need good credit and it might be expensive to borrow the funds you need.

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Credit Compass: Mapping the Markets as Conditions Evolve

Loomis Sayles Credit Research

The disinflation trend has continued, and a shift to easier monetary policy appears to be underway. Geopolitical risks and other variables loom ahead. Click the image below to learn how our investors are thinking about credit markets, opportunities and risks in the months ahead.

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