MNS Credit Management Group

JUNE 5, 2023

Introduction When a firm faces the non-payment of one or more invoices, that company will initially try to recover what is owed using an amicable debt recovery approach. Debt collection may be a difficult and delicate procedure that frequently leads to conflict between creditors and debtors. An amicable debt-collecting technique has become more popular in today’s world, where keeping connections is extremely valuable.

Debt Collections 52

Debt Collections Collector Credit and Collections Credit Management 52

blue dot counseling

JUNE 4, 2023

Towards the end of this burst of activity the accounting processes should be working on "autopilot" and everyone can concentrate again on delivering the profit and achieving growth potential of the business. The post Is my accounting any good? appeared first on Blue Dot Consulting.

Credit Management 52

Credit Management 52

Your Virtual Credit Manager

JUNE 6, 2023

People who are new to business collections are inclined to fall into one of several patterns. As a result, they tend to be too timid or too aggressive. They also may tend to get lost in the details or shoot from the hip. Seldom does a new collector appreciate the need for a balanced, holistic approach to debt collections. That’s because they are focused on the immediate task at hand without yet understanding the whole process Photo by NoWah Bartscher on Unsplash Some people are intimidated

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Debt Collections Collector Credit and Collections Default 100

Credit Management Group UK

JUNE 8, 2023

The third instalment of our FREE toolkits is the Credit Management reporting section. These handy printouts explain the process you should follow and the best reports you should be creating in order to keep a close eye on your cash flow. Credit management reports are useful to track the collection performance, by reporting key measurements every month, trends can be monitored.

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Credit Management Credit and Collections 104

Chaser

JUNE 7, 2023

Overdue payments can cause challenges for businesses and deeply affect any business’s cash flow. If your incoming cash is unpredictable, it's much harder to manage your outgoing cash. It's essential that you find ways to encourage your clients to pay on time. You can do this by communicating with them regularly via an organised set of polite, yet persistent, overdue invoice reminder emails.

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Debt Collections 98

Due

JUNE 6, 2023

It’s likely that you have one primary source of income — just like most people. It’s fine to have a single source of income. It can, however, be dangerous as well. How would you cope if your primary source of income dried up, or your job was lost? That’s exactly what happened in the aftermath of the pandemic , many people lost their jobs and were furloughed.

Investment Firms 98

Investment Firms 98

Plooto

JUNE 6, 2023

An accounting firm's pricing strategy can be its most potent weapon to combat the disruptions and uncertainties of today's precarious business environment.

Accounting Firms 98

Accounting Firms 98

Chaser

JUNE 6, 2023

The current late payment crisis has significantly impacted businesses of all sizes, reducing cash flow and creating additional financial pressures that threaten business survival.

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Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. They help manage and shape strategy in volatile economic and industry conditions. You might also like this webinar: "Identifying emerging CRE credit risk red flags" WATCH Takeaway 1 Financial institutions face increased scrutiny over their risk management following recent bank failures.

Credit Unions 78

Credit Unions CECL Credit Risk Dashboards 78

Due

JUNE 7, 2023

Move over, P.T. Barnum. Make way, Sarah Bernhardt. Today, anyone can make an income being a headliner thanks to the upsurge in popularity of the humble online podcast. Though podcasting has been around for more than 20 years, it’s only recently begun to take off. Just how big is the podcast scene? Spotify boasts no fewer than five million titles. Apple Podcasts promises millions as well.

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Accounting Department

JUNE 6, 2023

Simplifying e-commerce business operations can be achieved by outsourcing specific functions such as accounting and bookkeeping services. For an e-commerce business to thrive and succeed, it is crucial to maintain a clear understanding of its financial position, performance, profit margins, marketing commitments, stock levels, and cash flows on a regular basis.

Small Businesses 75

Small Businesses 75

The Red Spectrum

JUNE 5, 2023

In the competitive landscape of today’s business world, establishing and maintaining a solid credit profile is crucial for long-term success. Whether you’re a startup or an established enterprise, building a strong business credit score can unlock numerous benefits, including access to better financing options, favorable terms, and increased credibility with suppliers and partners.

Credit Scoring 71

Credit Scoring Credit and Collections Credit Management 71

Enterprise Recovery

JUNE 9, 2023

If you've ever struggled with chronic late-paying clients or are silently seething over invoices that were never paid, you're probably considering commercial debt collection. Of course, you're wondering how much it'll cost and if you have time to research it. You may wonder how to escalate an unpaid debt to a collections agency and if they'll damage your client relationships.

Debt Collections 62

Debt Collections 62

Due

JUNE 9, 2023

If you have been using Amazon Web Services (AWS) for a while, you are probably familiar with AWS reserved pricing. The concept is well-liked because of EC2-reserved instances. However, it applies to other AWS services as well. This guide walks you through some fantastic tips to save money using EC2. In addition, there are a bunch of other attractive ways that allow you to save significantly on reserved capacity purchases in AWS.

Default 69

Default Credit and Collections Transactions 69

Accounting Department

JUNE 8, 2023

Imagine having the ability to scale accounts payables (AP) operations for your e-commerce business, with the same amount of staff, or even less. With Tipalti's AP automation technology, businesses can do just that and accelerate their AP processes across the board.

Small Businesses 69

Small Businesses 69

StackSource

JUNE 7, 2023

CEO Tim Milazzo and Director of Capital Markets Huber Bongolan recently went live to share a comprehensive update on the current state of commercial real estate capital markets.

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Reorg Blog

JUNE 8, 2023

Recent English schemes of arrangement and Part 26A restructuring plans, or RPs, have brought into focus the application of distribution waterfalls, both pre and post insolvency.

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Due

JUNE 5, 2023

There are many old phrases that address authenticity and whether or not results back up guarantees. “Put your money where your mouth is” immediately comes to mind. While this saying might seem trite and old-fashioned, there’s some truth in needing to see actions backing up words, especially when it comes to beliefs of financial brands. It’s no different for businesses.

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NorthOne

JUNE 9, 2023

As technology continues to advance, construction companies are adapting to new software solutions that streamline their operations and increase productivity. With so many options available on the market, it can be difficult to determine which software will work best for your specific needs. In this article, we’ll examine the best construction software options in 2023, and explore their key features and benefits.

Small Businesses 52

Small Businesses 52

Lendio

JUNE 9, 2023

After weeks—or even months—of searching for the perfect candidate to fill a role, you’ve found a great fit. You’re ready to extend a job offer to your chosen candidate, but want to do it the right way. Here’s everything you need to know about writing and sending an offer letter. What Is An Offer Letter? An offer letter is a formal (but not legally binding) document given by an employer to a prospective new hire that outlines the terms and conditions of a job offer.

Small Businesses 52

Small Businesses 52

Reorg Blog

JUNE 8, 2023

Recent English schemes of arrangement and Part 26A restructuring plans, or RPs, have brought into focus the application of distribution waterfalls, both pre and post insolvency.

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Due

JUNE 3, 2023

More and more people are entering the world of entrepreneurship. Being self-employed is appealing to many, offering freedom and control of your own future, as well as unlimited income potential. But it also has its challenges, one of which is retirement planning. In this guide, you’ll find out how to prepare for retirement as a self-employed individual.

Deductions 69

Deductions Small Businesses 69

NorthOne

JUNE 9, 2023

If you own a business providing heating, ventilation, and air conditioning (HVAC) services, you already know that whether you are installing systems, cleaning air ducts, or performing repairs, there are risks involved. Therefore, it’s essential to have proper insurance coverage to protect you from potential losses. In this article, we will provide you with a comprehensive guide to understanding and selecting the right HVAC insurance option for your business.

Medical Billing 52

Medical Billing Deductions Bankruptcy Small Businesses 52

Lendio

JUNE 8, 2023

As a small business owner, you probably already know that your website plays an important role. Beyond sharing important information about your business—like where you’re located and how customers can benefit from your services—your website content can also be optimized to help increase both traffic and leads via SEO. What is SEO? SEO stands for “search engine optimization.

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Small Businesses Dashboards 52

Reorg Blog

JUNE 9, 2023

UPDATE 1: 3:33 p.m. ET 6/7/2023: Citadel will ask for the Serta confirmation ruling to be certified for direct appeal to the U.S. Court of Appeals for the Fifth Circuit, according to Citadel’s stay motion.

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Due

JUNE 8, 2023

Relationships have been a consistent part of professional activity since the beginning of civilization. Egyptian laborers had to collaborate effectively as they dragged stones to the pyramids of Giza. Serfs had to work together to grow and distribute enough food during the Middle Ages. Arctic explorers had to support one another as they sought the location of the Earth’s two poles.

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NorthOne

JUNE 9, 2023

Construction insurance plays an essential role in protecting your construction business from financial loss. By investing in the right policies, you can shield your company and employees from unexpected risks and hazards that could arise from construction operations. From general liability to workers’ compensation, choosing the right insurance policy is crucial.

Deductions 52

Deductions Small Businesses 52

Loomis Sayles Credit Research

JUNE 8, 2023

The line between economics and politics in emerging markets (EM) is becoming increasingly thin, particularly in countries with weaker institutional structures and stagnating growth. With several EM countries facing elections in the next 12 months, Eric Spencer, Senior Research Analyst on our Global Emerging Market Equities team, weighs in on potential risks and opportunities. 1.

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Grit

JUNE 8, 2023

Upselling is a standard sales and marketing technique employed by businesses to increase revenue by persuading customers to purchase a more expensive or upgraded version of a product or service. However, questions often arise regarding the legality of upselling practices. In this article, we will delve into upselling and explore its legitimacy in sales and marketing.

Transactions 52

Transactions 52

Due

JUNE 8, 2023

Over the last couple of decades, technology has gifted us with various platforms that offer convenient access to knowledge about anything under the sun. Of all these platforms, YouTube stands out as the most exceptional, where you can find videos on virtually any topic you can imagine about. And the best part? Finance is no exception! As per a 2022 CNBC report, 15% of adults in the US lose $10000 annually due to a lack of financial literacy!

Credit Scoring 64

Credit Scoring 64