Sat.Apr 20, 2024 - Fri.Apr 26, 2024

article thumbnail

The Portal Dilemma – Seamless A/P and A/R Integration

Credit Research Foundation

You Never Asked for it, or Wanted it, but YOU GOT IT! The Portal Dilemma – Seamless A/P and A/R Integration Portals… The credit professional didn’t ask for it, but they’re here and must be dealt with. Over the past 10 years AP and AR portals have become an ever-growing nuisance for the credit professional. In fact, on average each CRF member deals with more than 15 portals and many have hundreds of these headaches.

article thumbnail

The Human Side of Healthcare Debt Collection

RevCycle

Summary Healthcare debt is a growing concern in the United States, placing a significant burden on both patients and providers. While Artificial Intelligence (AI) is making waves in the debt collection industry, this paper argues that a human-centric approach focused on empathy, understanding, and flexible solutions can achieve higher netback for healthcare providers while treating patients with dignity and respect.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lessons for Trade Creditors from Recent Bankruptcies

Your Virtual Credit Manager

We can learn a lot from mistakes and failures. This is especially true of our own, but it also applies to other people’s foul-ups and blunders. Experience is a great teacher, and many a success was born out of failure. Edison and the invention of the light bulb is a good example. History, other people’s experinces, is informative as well.

article thumbnail

The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. DOWNLOAD Takeaway 1 Financing plays a crucial role in small business survival and success.

article thumbnail

What is the cost of offering credit to customers for your business?

Credit Management Group UK

The best way of avoiding credit control issues in your business is to ensure that you are paid in full before providing any goods or services. However, unless you have a unique product or service that is in high demand, or in an industry where it is custom and practice to expect payment in advance, you may find you put you at significant disadvantage from competitors.

article thumbnail

Ethical Collection Techniques For Recovering Late Payments

Enterprise Recovery

In today's competitive business landscape, it's important to manage late payments while upholding positive client relationships. Use the following techniques to navigate the delicate balance of recovering outstanding debts while maintaining trust and loyalty with your clients. Discover ethical collection practices to help recover late payments while maintaining positive client relationships.

More Trending

article thumbnail

Small business lending insights Vol. 1

Abrigo

Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. You might also like this guide for smarter, faster small business lending. DOWNLOAD Takeaway 1 SMBs and financial institutions face tremendous uncertainty in the current environment, which is characterized by elevated interest rates, high inflation, and growing personal de

article thumbnail

Corporate Health Restoration Remains on Track

Loomis Sayles Credit Research

Corporate health is looking brighter and brighter, according to Loomis Sayles’ Credit Analyst Diffusion Indices (CANDIs). [i] For the first time in several quarters, our analysts expect the aggregated corporate credit outlook to trend higher. Together with continued positive trends in other key measures like profit margins and pricing power, the March CANDIs suggest there is still gas left in the tank to fuel further earnings expansion, and a broad-based economic downturn has likely been pushed

article thumbnail

Accelerating the Arrival of Commercial VRPs

GoCardless

How we've collaborated with peers to create a VRP multilateral agreement

64
article thumbnail

Optimizing Cash Flow Management for E-Commerce Businesses

Accounting Department

In a dynamic industry where change is the only constant, good cash flow management stands as one of the most critical factors for the success of e-commerce businesses. Navigating the online retail waters is often turbulent, with fast-paced transactions and a myriad of financial nuances that demand efficiency and foresight. Poor cash flow management could capsize even the most promising ventures, while a firm grasp on financial inflows and outflows can propel your e-commerce business forward, ens

article thumbnail

Advancing Your Cash Flow: Should You Opt for Early Invoice Payment from Your Client?

FundThrough

For small and medium-sized businesses (SMBs), maintaining a healthy cash flow is often one of the most challenging aspects of running a company. Because many of us at FundThrough have been entrepreneurs before, we understand firsthand what it’s like to struggle with unpaid invoices. Late payments or even standard-length payment terms can have serious impacts […] The post Advancing Your Cash Flow: Should You Opt for Early Invoice Payment from Your Client?

59
article thumbnail

Altice France €4B Plus Warchest, €1.7B Senior Secured Debt Capacity

Reorg Blog

Altice France has a mountain to climb to reach its revised target of reducing net leverage to below 4x, which would provide it with an about 1.5x equity cushion based on Reorg’s estimated 5.5x EV multiple for the group. While the company’s €4 billion plus of expected sale proceeds provides it with options, the path to the revised target is not clearcut.

article thumbnail

Streamline your accounts receivable: Best practices for healthcare providers

Chaser

Healthcare revenue cycle management is a vital component of your business. Without predictable income, you are unable to pay your providers and continue to deliver exceptional care to patients. Automation offers cash flow improvements for healthcare providers that can deliver greater outcomes for staff, patients, and communities.

59
article thumbnail

AI for Small Businesses: Trends and Predictions

biz2credit

It wasn’t long ago that businesses logged transactions in their ledger, manually tracked inventory, and relied heavily on human intuition for decision-making. Today, with the advent of artificial intelligence (AI), small business operations are at the precipice of automating these and many more essential functions. AI, or artificial intelligence, is a type of technology that … Continue reading "AI for Small Businesses: Trends and Predictions" The post AI for Small Businesses: Trends and Pr

article thumbnail

Regulation Crowdfunding and the State of Angel Investing to be discussed by SEC

Due

The Securities and Exchange Commission (SEC) is set to discuss Regulation Crowdfunding (Reg CF) and the State of Angel Investing. The SEC’s Small Business Capital Formation Advisory Committee will host a formal discussion on both topics on May 6. What is the Small Business Capital Formation Advisory Committee? The Small Business Capital Formation Advisory Committee, a crucial body, advises the SEC on all small business matters, ensuring that policy matters, regulations, and rules are respe

article thumbnail

Global Auto Sector Quarterly: EV Inventories Build as Sales Fade in Q1

Reorg Blog

This installment of the global auto quarterly report sets out the latest EV industry trends and latest sales figures on regional levels and revisits relative value among sector constituents including market prices of debt instruments. It also highlights, for all issuers in the sector covered by Reorg, primary debt market activity and rating actions from the credit ratings agencies.

59
article thumbnail

Chaser shortlisted for Best Technology Provider at 2024 Credit Awards

Chaser

I am thrilled to share that Chaser has been shortlisted for the Best Technology Provider award at the 2024 Credit Awards. The Credit Awards recognize outstanding individuals and companies that have had a significant impact on the credit management industry.

article thumbnail

Reduce B2B Queries with BigCommerce Order Messages

Grit

Running a successful B2B eCommerce business requires seamless communication with your customers. Inevitably, queries and clarifications arise regarding orders, shipments, and billing. Responding promptly to these inquiries is crucial for maintaining customer satisfaction and building lasting relationships. Fortunately, BigCommerce’s Order Messages feature offers a powerful solution to streamline this communication process.

52
article thumbnail

Understanding and overcoming thinking addiction

Due

Human beings, in all their complexity, are shaped by a myriad of thoughts, emotions, and experiences. Among the most profound aspects of our nature is our capacity for thought. This gift, however, can also be a curse. We often find ourselves ensnared in a cycle of overthinking, leading to a host of mental health issues such as depression, anxiety, and fear.

Default 52
article thumbnail

Singapore Court Provides Directors’ Creditor Duty Guidance

Reorg Blog

In upholding a judgment from the Singapore High Court, the CoA in Foo Kian Beng v OP3 International Pte Ltd (in liquidation) (2024) SGCA 10 has provided significant guidance on when and how the Creditor Duty engages and what may constitute a breach of such duty.

article thumbnail

Best cash flow practices | Chaser

Chaser

Accurate and timely cash flow management is a crucial part of maintaining any business’s financial stability. It’s also a notoriously challenging area of accounting to keep track of due to all the moving parts it involves.

59
article thumbnail

Baffling John Barnes

Cpcmcredit Blog

Many of us of a certain generation will remember John Barnes as a seriously talented footballer. In addition, he has always been pretty articulate and seemingly a lot brighter than most footballers (admittedly a low bar) as well as coming from a very solid and affluent background Which makes his disastrous personal finances even more baffling. In addition to the latest penalties (and I am resisting the line that he was always a good “penalty taker”), I appear to recall that he’

52
article thumbnail

xAI owned by Elon Musk close to raising $6 billion

Due

Artificial intelligence (AI) startup xAI, owned by billionaire Elon Musk, is close to reaching $6 billion in investor support. Musk has been outspoken about his aims to win the war to be crowned the American leader in the AI industry. With this investment in xAI from the same faces that funded his takeover of Twitter, he looks like he might be catching the other significant players in the battle for that throne.

52
article thumbnail

OQ Chemicals Loans Recover to Low 90s

Reorg Blog

German oxo intermediates and oxo performance chemicals producer OQ Chemicals’ term loans have rallied back into the low 90s after three hedge funds, including Strategic Value Partners, or SVP, started buying into the debt, sources said.

59
article thumbnail

Understanding the SBA Guarantee Fee: A Guide for Small Business Owners

Lendio

One key aspect that small business owners encounter when applying for Small Business Administration (SBA) loans is the SBA guarantee fee. This fee is a critical component of the loan process, yet it can cause confusion and questions among entrepreneurs. In this guide, we’ll explain everything you need to know about it, including its implications, to help you make informed financial decisions for your business.

article thumbnail

Top 6 Dunning Workflow Best Practices

Gaviti

Dunning workflows are a series of automated emails and actions that A/R teams use to collect invoices from customers. Having the best dunning workflow for each customer is the key to increasing your cash flow. In some companies, the implementation of dunning workflows increases cash flow by a significant percentage almost instantly. With automated dunning and flexible customer segmentation, options for dunning workflows are numerous.

DSO 52
article thumbnail

Integrating training into daily office routines

Due

In the modern world, the concept of work has evolved significantly. It is no longer confined to the traditional 9 to 5 office routine. Today, professionals are required to be versatile, adaptable, and always ready to learn. This article will delve into the importance of training sessions and how they seamlessly integrate into the daily office routine.

52
article thumbnail

Road King Faces ~HKD 1.4B Offshore Liquidity Gap in ‘24

Reorg Blog

Estimated offshore debt obligations of Road King would amount to around HKD 6.3 billion ($804.6 million) in 2024, including the $322.7 million 6.7% notes and a $367.4 million syndicated loan facility both due in September 2024.

59
article thumbnail

Accountants in Chelsea

blue dot counseling

Whether your business is early-stage, multi-million turnover or somewhere in between, you need a continuous flow of relevant and up-to-date financial information that you can understand and act on. The post Accountants in Chelsea appeared first on Blue Dot Consulting.

52
article thumbnail

Fix Mistakes Fast: BigCommerce Edit Order for Flawless Sales

Grit

Running an online store has its challenges and one common issue is needing to edit orders after they’re placed. This could involve correcting an address, updating quantities, or applying discounts. The ability to modify orders smoothly is crucial for a great customer experience. BigCommerce edit order feature allows merchants to easily change existing orders.

Default 52