Sat.Oct 15, 2022 - Fri.Oct 21, 2022

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The Keys to On-boarding New Customers Smartly and Efficiently

Your Virtual Credit Manager

Photo by Scott Graham on Unsplash We’re not saying you shouldn’t bother with credit evaluations — just that you shouldn’t waste time with a one size fits all process when most decisions are easily made. No two customers are alike, and the differences are even more pronounced if your customers come from different industries. Even if you serve a single industry, it is important to establish separate procedures to deal with the different types of customers you will acquire &

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Abrigo CEO Wayne Roberts announces retirement

Abrigo

Abrigo announced the retirement of Chief Executive Officer Wayne Roberts and the company’s search for its next CEO. . Roberts, who joined the company in 2016, is stepping back to focus more time on personal interests and passions. In addition to dedicating himself to growing the company over the past 6 years, Wayne served as the primary caregiver to his wife, Shannon, during her battle with glioblastoma brain cancer.

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5 Must Haves to Scale your SaaS

Lockstep

Scalability, Scalability, Scalability !! . When we talk about Scalability, the first things that come to our mind are a large userbase, few million requests per second, huge volumes of data , and so on. When we talk about scalability, the first things that come to our mind are a large userbase, few million requests per second, huge volumes of data, and so on.

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Embedded Finance Trends: 7 Trends for the Year Ahead

FundThrough

The demand for embedded finance is on the rise in the business-to-business (B2B) landscape, transforming the way B2B companies buy and sell while creating new opportunities for fintech, corporate buyers, suppliers (especially SMBs), and non-financial institutions. With the embedded finance payments market projected to reach $1.91 trillion by 2028, embedded finance is going to become […].

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Changelog: 2022-10-21

ForwardAI

The support for the Precise API V1 will end on November 30th, 2022. Users should make the switch to V2 as soon as possible to ensure a smooth transition. Please refer to our Release Notes 3.3.1 for the Changelog: 2022-10-21. The post Changelog: 2022-10-21 appeared first on ForwardAI.

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Construction draw software: How to automate loans

Abrigo

Streamlining the construction loan process Construction d raw s oftware helps lenders and contractors to automate the construction loan management. . You might also like this webinar, "How to manage a high-performing construction loan portfolio." WATCH. Takeaway 1 Construction draw management software can increase lender efficiency and reduce risk by saving time.

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What Is Interest Rate Volatility and Why It Matters?

FNB Small Business

For business owners who are seeking financing, interest rates play a significant role in finding the best loan option since they can impact borrowing costs greatly. When the Federal Reserve raises rates, the monthly payments for things like small business loans can become proportionately more expensive. For a small business owner who has to account for their business finances over the next several years, a seemingly small change can have major impacts.

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7 Reasons PO Financing Is Better Than Going To A Bank

Eagle Business Credit

Purchase order financing is designed to help businesses take on large customer requests without placing a strain on cash flow and operations. However, not many people dig into exactly how PO financing is more beneficial than a traditional bank loan. PO financing is a debt-free solution. Purchase order financing is an advance to cover the cost of filling customer orders.

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5 reasons construction loan software is vital for financial institutions

Abrigo

Top benefits of construction loan software for bankers and clients Why many banks and credit unions are turning to fintech for construction loan automation. You might also like this webinar, "How to manage a high-performing construction loan portfolio." WATCH. Takeaway 1 Construction loans are considered risky because they involve long-term exposure to collateral, often with no other tangible assets.

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The Municipal Market Looks Darkest Before the Dawn

Loomis Sayles Credit Research

Bond market investors were battered by rising rates during the first three quarters of the year. And because the rate rise began from such historically low levels, coupon income provided only a thin cushion to offset the ensuing price declines. As a result, the investment grade municipal market registered its worst nine-month performance since 1981 and the worst consecutive 36-month performance on record.

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What is a debtor and what is a creditor

Chaser

In this blog post, we'll explain what a debtor is and what a creditor is, give examples of each, and discuss the consequences of having too much bad debt. We'll also provide tips on how to manage bad debt and debtors, and how to prevent bad debt from building up.

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What is life at Billtrust like for Senior Sales Executive Trevor Hufnagel

billtrust

Blog Post. Blog Post. What is life at Billtrust like for Senior Sales Executive Trevor Hufnagel. Share with your network: Mail. LinkedIn. Facebook. Twitter. Formed and refined by two decades of stability and growth, Billtrust’s company values help shape our culture of innovation, accountability and work-life balance. And that culture is driven by the quality and the diversity of people on the Billtrust team.

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FinTech Automation Selects ForwardAI to Provide Seamless Access to Accounting Data for Financial Institutions

ForwardAI

Partnership emphasizes the value of APIs in accessing accounting data in real-time, allowing FIs to enhance services provided to their small and midsize business (SMB) clients. Originally published on Accesswire. NEW YORK, NY / ACCESSWIRE / October 19, 2022 / ForwardAI , a fintech providing aggregated access to accounting & business data and analysis, announced today its partnership with FinTech Automation , a financial technology company that allows fintechs and traditional financial in

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12 Financial Tips to Get Your Wallet Ready for the Holidays

Prosper

From exchanging gifts to sharing meals, there are a number of ways we express our joy with friends, family and work colleagues during this time of year. And for most, while this season is certainly special, it can also be very costly, sometimes impacting pocketbooks long after the fireworks have faded into the new year. In fact, the National Retail Federation, estimates that holiday sales will increase by 3.6% this year, to $655.8 billion.

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Small Business Financing Options for Bad Credit

Eagle Business Credit

As a small business owner, things like financing and credit scores are on your mind. Every business needs a steady source of financing and strong cash flow. Business owners with bad business or personal credit also need to finance their business. When a bank might reject an application for bad credit, other financing options are available. Here are some small business financing options for bad credit.

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Your top ten questions about streamlining international receivables and collections

billtrust

Blog Post. Blog Post. Your top ten questions about streamlining international receivables and collections. Share with your network: Mail. LinkedIn. Facebook. Twitter. What you’ll learn. What are the three major types of receivables? What are the most important goals of accounts receivable? 10 questions to consider when streamlining international receivables What are the 5 smart goals for international receivables?

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Invoice Factoring Quickly: How to Get Started

FundThrough

When a cash flow crunch hits your business, you need access to funding – and fast! You don’t have time to wait around on slow paying customers or chase down accounts receivable, you need an immediate cash flow boost. While bank financing such as a business line of credit or traditional bank loan are popular […]. The post Invoice Factoring Quickly: How to Get Started appeared first on FundThrough.

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5 Must-have Digital Technologies in Your Business Credit Risk Management Platform

Emagia

The adoption of innovative digital technologies of late has been making risk control and management better. Enterprises digitally transform their credit risk management processes to manage and navigate volatile market conditions, new regulatory pressures, increasing customer expectations, and other credit risks related to customers and vendors. Lower operational costs, quicker decision-making, and better customer experience are a few of the potential benefits of intelligent credit risk managemen

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4 Reasons AI-Driven Solutions Should Be in Every Digital CFO’s Toolkit

The Esker Blog

A photo of concentrated businessman drawing graph on glass wall. Thoughtful male professional is analyzing strategy. Mature manager is working in office. Call them strategic advisors or value architects. Call them digital catalysts or change makers. Whatever you do, just don’t think of modern-day CFOs as merely number crunchers. Today, the role of CFOs and other financial leaders goes far beyond the scope of bookkeeping or budgeting.

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Prosper Performance Update – September 2022:

Prosper

Today we are sharing performance data from the Prosper Portfolio for September 2022. Highlights from the Prosper Performance Update – September 2022: Prosper launched 2-year and 4-year loan terms in addition to the current term offerings and increased maximum loan amount offered from $40K to $50K for borrowers with Prosper Ratings of AA and A.

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Online Invoice Factoring: A Simple Guide

FundThrough

Online invoice factoring services have become very popular over the last few years because it allows companies to access working capital without having to wait for customers to pay them. You can also complete and submit your application from anywhere, without the hassle of having to make an appointment at a traditional bank in order […]. The post Online Invoice Factoring: A Simple Guide appeared first on FundThrough.

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Credit Risk Management Best Practices: 4 Strategies to Help You Get Started

Bectran

To sustain the financial health of your business, having a thorough approach to credit risk management is more important than ever. Maybe the simple thought of adding new customers makes you shudder because you know just how many potential bottlenecks you could face. While this is completely natural considering there are many factors that can compound the risk assessment, it is important to know that you don’t have to feel this way when you approach credit risk management.

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How Hard Is It To Get a Small Business Loan for Equipment?

Team Financial Group

Securing any kind of legitimate loan always includes jumping through a few hoops. For small business owners, those hoops can be numerous and difficult to navigate. The fact of the matter is that getting a small business loan for equipment can sometimes be quite hard. It can be common for entrepreneurs not to get the financing they want, at least not right away.

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What is UltraFICO & What You Need to Know About it

Credit Absolute

FICO scores have been used for a long time to gauge the creditworthiness of individuals. This scoring system has however left many people in the cold due to its requirement of credit history; immigrants, people who don’t use credit cards or have no loans, as well as those with low FICO scores have been finding […]. The post What is UltraFICO & What You Need to Know About it appeared first on Credit Absolute.

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What is the Future of Accounts Payable?

Plooto

Don’t be late — the future of accounts payable (AP) has already started! Innovative use of technology and openness to automate archaic manual processes define today’s successful AP departments. AP automation is no longer a luxury: it’s a necessity.

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How EverDry Waterproofing Expanded Business With ProApprove

Credibly

Meet: EverDry Waterproofing, Northwest Ohio. EverDry Waterproofing was founded in 1978. With 16 locations across the country, EverDry has helped homeowners waterproof their homes for almost 44 years. The EverDry of Northwest OH branch has been serving the Northwest Ohio, Southern Michigan, and other nearby communities since 1896. In that time, EveryDry of Northwest OH has accumulated their fair share of awards as a result of their service.

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Credit controllers: What to do if your job is hurting your mental health

Chaser

Credit controllers have a difficult job. They are responsible for ensuring that their company's finances are in order, and this can often be a stressful task.

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Streamline Your Claims Management Process with Epic & SSI Integrations

SSI Healthcare Rev Cycle Solutions

[Webinar] Streamline Your Claims Management Process with Epic & SSI Integrations. The SSI Group, LLC (SSI) invites all hospitals and health systems that run Epic as their HIS to a webinar event specifically tailored to highlight the available integrations between our systems. In pursuing a frictionless revenue cycle, the ability to work medical claims directly within your Epic system is vital.

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Comparing the Best AR Automation Software Solutions

Plooto

Businesses rely on accounts receivable to get them paid quickly and smoothly. This is why we put together this list of the best AR automation software solutions to help you decide how to fuel your business.

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Top 5 Xero construction add-ons

GoCardless

These 5 Xero construction apps will help users get the most from the platform.

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