Sat.Feb 24, 2024 - Fri.Mar 01, 2024

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Misalignment Between Credit and Sales Spells Trouble

Your Virtual Credit Manager

For a small business owner or executive, navigating credit decisions can be challenging, especially when they clash with the goals of other stakeholders within the company. Situations often arise when the prudent action involves denying credit to a potential customer, imposing limits on existing accounts, or delaying the fulfillment of large orders until payment is received.

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3 Untapped Industries Booming With Economic Growth

Due

If you asked the average person to list all the things that drive economic growth , “Wall Street” (or some variation) would probably be right at the top. But while that may be true to a certain extent, it’s equally valid to point out that hidden gems drive that same growth in some of the most unexpected places. Paying closer attention to some of these hidden gems creates an opportunity to better understand how far we’ve come and where we might be headed.

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6 smart goals of revenue cycle management in healthcare

Waystar

Goal setting is a game changer. Every healthcare organization has RCM milestones they want to hit or metrics they’d like to improve. But how do you know if the goals of revenue cycle management you’ve set will make a real impact within healthcare today? From protecting your foundation with key security checks to expanding denial prevention, here is your expert-vetted roadmap.

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Small Business Ideas for Women in 2024

Lendio

It’s time to close the funding gap and open more women-owned small businesses. As of 2020, there were more than 13 million women-owned businesses (including sole proprietorships and employer firms). That sounds like a lot, right? But that number actually hides a trillion-dollar missed opportunity. According to Morgan Stanley , if women-owned (and minority-owned) businesses were funded at the same rate as white male-owned businesses, gross receipts could increase by $4.4 trillion.

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Six Strategies for your Business’ Collection Procedures

Credit Management Group UK

I have been told by businesses countless times that their customers are paying late despite the fact they are chased at the same time each month. I ask these businesses each time, if your current collection procedure isn’t working, why are you still using it? Late payments are still an enormous burden on UK businesses, with recent research finding billions are owed.

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Artificial Intelligence’s Impact on Stock Market

Due

Artificial intelligence (AI) has emerged as a significant force behind the impressive gains witnessed in the stock market over the past year. This revolutionary technology has made its mark across various sectors, including healthcare and finance, with its impact on the stock market particularly noteworthy. NVIDIA, a leading producer of semiconductors or chips that power AI technologies, has been at the forefront of this AI revolution.

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Client Accounting Services to Help Drive Your Business

Accounting Department

When you have a small or mid-size business, one of the issues you can run into is not having all the departments a larger company would have. In other words, you might not have dedicated employees for HR, accounting, and other areas. Fortunately, there are ways to outsource a number of services, including client accounting services. This helps keep your company growing and succeeding, without the need to bring on more employees or overwork yourself to get everything done.

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Court Opinion Review: The Robertshaw PET Two-Step; a Vastly Undersubscribed Endo GUC Rights Offering; DSG UCC DIP Dilemma; Surging Private Asset Sales; Sorrento Venue Sanctions Denied

Reorg Blog

The post Court Opinion Review: The Robertshaw PET Two-Step; a Vastly Undersubscribed Endo GUC Rights Offering; DSG UCC DIP Dilemma; Surging Private Asset Sales; Sorrento Venue Sanctions Denied appeared first on Reorg.

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Unveiling surprises in PCE inflation report

Due

The recent Personal Consumption Expenditures (PCE) inflation report has unveiled some unexpected insights into the financial behavior of the average American. Contrary to expectations, the shock was not in the inflation rate but in the significant increase in personal income and the corresponding decrease in spending. These trends have substantial implications for investors, particularly those who continue to hold onto cash and other low-yield assets.

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We could get a lot bigger if only we sell what we sell!

blue dot counseling

More often than not the great new customer doesn't materialise. What we end up with is a sprat to catch a plankton! The post We could get a lot bigger if only we sell what we sell! appeared first on Blue Dot Consulting.

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Aryza and Acquired.com Partnership Revolutionises Customer Experience 

Collenda

Aryza and Acquired.com Partnership Revolutionises Customer Experience Aryza Group, a leading provider of financial software solutions, has reached a significant milestone in its collaboration with payments specialists Acquired.com. Building on a partnership spanning over 6 years, the expanded alliance is bringing advanced data-driven collection and disbursement options to Aryza’s lending division, enriching the end-to-end payment process from collections to treasury services.

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Rethinking the EM Corporate Bond Asset Class: Insights for Insurers

Loomis Sayles Credit Research

Despite macro headwinds in 2023, emerging market (EM) debt performance was strong. How do you explain it? EM asset classes did end up having a good year in 2023 in general. I would even suggest that during the year, there was a noticeable shift away from long-held views that EM asset classes are high-beta, driven by developed market growth and monetary policy.

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The Retirement Labyrinth: Navigating Challenges for Gen X and Y

Due

For many, the road to retirement is paved with uncertainties. This is particularly true for Generations X and Y. Caught between the Boomer behemoth and the enigmatic Zoomers — these generations face unique challenges. In contrast to their predecessors who rode the wave of economic prosperity, Gen X and Y encounter choppy waters: stagnant wages, rising healthcare costs, and unstable job markets.

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Finance essentials for the non-financial

blue dot counseling

Accounts are a riddle wrapped in a spreadsheet inside a cloud of jargon! As someone famous might have said. The post Finance essentials for the non-financial appeared first on Blue Dot Consulting.

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Aryza and Acquired.com Partnership Revolutionises Customer Experience

Collenda

Aryza and Acquired.com Partnership Revolutionises Customer Experience Aryza Group , a leading provider of financial software solutions, has reached a significant milestone in its collaboration with payments specialists Acquired.com. Building on a partnership spanning over 6 years, the expanded alliance is bringing advanced data-driven collection and disbursement options to Aryza’s lending division, enriching the end-to-end payment process from collections to treasury services.

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Ardonagh Agrees $3.3B-Equivalent Unitranche With Club of Direct Lenders; Banks Provide £300M Upsized Revolver

Reorg Blog

Ardonagh has finalized a $3.3 billion-equivalent unitranche this week denominated in dollars, euro and Australian dollars with a club of direct lenders, sources told Reorg.

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Ditch the Debt, Fuel the Dream: Alternative Funding Strategies for Small Businesses Avoiding Loans

Due

The pressure’s on. You envision launching your dream business, but traditional loans are a heavy anchor, dragging down your entrepreneurial spirit. What if there was a way to build your empire without debt? Enter the world of alternative funding, where innovative options like revenue-based financing and crowdfunding unlock doors that loans slam shut.

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Keep good company

blue dot counseling

Euphemistically, Companies House describe the change as "We’re streamlining the accounts filing options for small and micro-entity companies." The post Keep good company appeared first on Blue Dot Consulting.

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A Guide to Choosing the Right A/R Outsourcing Partner

Enterprise Recovery

When selecting an outsourcing partner for your accounts receivable needs, it is essential to explore a variety of key factors to ensure a successful partnership. Understanding your business needs is only the first step in this process. By clearly identifying your goals, objectives, and the level of support required, you can better evaluate potential partners that align with your specific requirements.

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McDermott Plan Sanctioned; Judge Criticizes Reficar’s ‘Extraordinary’ Conduct as Fatal to Arguments on Discretion, Relevant Alternative; Judge ‘Horrified’ by $152M Advisor Fees

Reorg Blog

The post McDermott Plan Sanctioned; Judge Criticizes Reficar’s ‘Extraordinary’ Conduct as Fatal to Arguments on Discretion, Relevant Alternative; Judge ‘Horrified’ by $152M Advisor Fees appeared first on Reorg.

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Assessing Nvidia’s Significant Market Influence

Due

Nvidia, a leading technology industry figure, is under intense scrutiny as it gears up to release its earnings report. The market is bracing for a significant shift in Nvidia’s stock , with predictions pointing towards an 11% increase or decrease. This potential fluctuation is not just a number; it carries a historical significance and is expected to influence the entire market.

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A Real-World Use Case of Implementing AI/ML to Order Holds

Bectran

As businesses navigate complex financial landscapes, one of the primary challenges that AR and credit management teams face is the sheer volume of data they have to process. The vast amounts of manual processes that traditionally took up significant time and resources are now being targeted for automation, and AI offers a promising path forward. With AI's ability to process data at unprecedented speed and accuracy, tasks such as cash application, credit, collections and dispute management can be

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The link between effective receivables management and business growth | Chaser

Chaser

Effective receivables management is a core function of any successful business, allowing for efficient cash flow and liquidity management. The importance of effective receivables management cannot be overstated, as it directly impacts a company's cash flow, profitability, and overall financial health.

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Veritas’ Cohesity Deal Promises 62.5% Debt Paydown

Reorg Blog

Global enterprise software provider Veritas Technologies’ term loans jumped on the news that the group intends to sell its data protection business to Cohesity for $2.5 billion of cash and a 20.9% stake in the combined entity, which should result in an up to 62.5% paydown of Veritas’ debt. But the term loans have started to give up some of their gains as lenders digested the deal.

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Five simple tips for ensuring constant cash flow

Onguard

Companies exist to earn money and make a contribution to society. They get money in return for providing products or services to their customers. The money is then used to further invest in making better products or providing more comprehensive services and to expand their client base. But what happens if customers pay late or not at all for the goods and services they received?

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Unveiling the Corporate Transparency Act: Navigating the Landscape of Beneficial Ownership Information (BOI) Reporting

Inc. Authority

A Comprehensive Guide to Complying with FinCEN Requirements for Business Owners In the ever-evolving regulatory landscape, the Corporate Transparency Act (CTA) stands as a pivotal piece of legislation reshaping how businesses operate. This comprehensive guide unveils the intricacies of the … Continue reading → The post Unveiling the Corporate Transparency Act: Navigating the Landscape of Beneficial Ownership Information (BOI) Reporting appeared first on Inc Authority.

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Know-it February Roundup?

Know-It Global

February was a busy month for Know-it and the team are gearing up for event season. We will be attending, speaking at and demonstrating our platform at lots of upcoming events including Elite Business Live , Digital Accountancy Show and Accountex London ! Read all about what we’ve been up to in February below! Commercial Debt Recovery Unveiled: Insider Insights and Expert Advice Webinar In February, team Know-it hosted another successful webinar on the topic of “Commercial Debt R

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China South City AHG’s Legal Counsel Sends Letter to Hong Kong SFC

Reorg Blog

Kirkland & Ellis - as legal counsel to an ad hoc group of holders of China South City Holdings Ltd.’s offshore USD notes - has sent a letter to Hong Kong’s Securities and Futures Commission.

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Stop Living Beyond Your Means: 14 Ways to Master Your Finances

Due

Are you living paycheck to paycheck , drowning in debt, and constantly stressed about money? You’re not the only one. The number of consumers living paycheck to paycheck reached 62% in November 2023. Among consumers earning less than $50,000 per year, 77% lived paycheck to paycheck, followed by 67% earning $50,000 to $100,000, and 45% earning more than $100,000.

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Bookkeeping for small businesses

blue dot counseling

You know you're going along the right lines when you're looking at financial information from your bookkeeping work which makes sense to you! The post Bookkeeping for small businesses appeared first on Blue Dot Consulting.