RMAi Blog
DECEMBER 16, 2022
One of the hottest financing tools available to consumers today is the Buy Now, Pay Later (BNPL) payment option. Simply put, this payment option allows the consumer to take possession of an item they wish to purchase immediately but pay for it over time. The concept is not a new one. A similar payment option, that has been available to consumers for years, is the layaway purchase option.
Your Virtual Credit Manager
DECEMBER 13, 2022
Photo by Icons8 Team on Unsplash Commercial collections is not unlike convincing somebody to buy something, but people with that talent tend to go into Sales. For most people, however, collecting B2B debts is an acquired skill. It is not a task that requires special talents. People do not aspire to become commercial debt collectors. Those of us who have spent our careers in credit and collections, fell into the profession.
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Due
DECEMBER 16, 2022
Death is not something anyone likes to talk about, yet it’s an unavoidable part of life and something you must prepare for, especially when you have people who depend on you financially. Suppose you spent your whole life working to have enough to provide yourself and your family with a comfortable living and accrued a substantial amount in assets.
TMC Financing
DECEMBER 15, 2022
SBA 504 Program Helps The Hotel Castro Beat the Odds to Open in The Castro Hotel financing can be challenging, but when new construction and a pandemic are involved, it. The post TMC Financing Secures Financing to Boutique San Francisco Hotel after other Banks Said No appeared first on TMC Financing.
RMAi Blog
DECEMBER 14, 2022
In This Update. RMAI anticipates limited activity on Capitol Hill for the remainder of 2022. Congress is expected to pass a Continuing Resolution to fund the government until December 23rd and prior to that pass an Omnibus Spending package. Additionally, Congress will pass a National Defense Authorization Act. We do not expect that either of these large legislative vehicles will be used to carry adverse proposals that would impact the accounts receivables management industry.
Know-It Global
DECEMBER 15, 2022
Did you know you’re legally entitled to claim late payment interest and compensation for any of your overdue invoices? Late payments are one of the most frustrating parts of doing business and the effects are devastating, with 440,000 businesses possibly being forced to close as a direct result of being paid late. This shows the importance of good credit control when it comes to cashflow!
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Waystar
DECEMBER 14, 2022
You asked — we answered. After covering the ins and outs of the No Surprises Act , Waystar experts are now taking a deep dive into the NSA and Good Faith Estimates. As a provider, you know just how important Good Faith Estimates for self-pay or uninsured patients are when it comes to staying in compliance. While it may seem simple on the surface, there are many scenarios that can blur the lines when giving cost estimates before care.
RMAi Blog
DECEMBER 14, 2022
Zenarate AI Coach develops confident top-performing agents through Simulation Training. PALO ALTO, Calif. and DENVER, December 13, 2022 — Zenarate , the world’s leading Simulation Training solution, today announced a record year of more than doubling its already large customer base that now includes eight of the top 10 banks, three of the top five healthcare providers, three of the top four telecommunications companies, and leading brands in technology, travel, and services industries.
Know-It Global
DECEMBER 15, 2022
Updated December 2022: The Bank of England increased interest rates to their highest point in 13 years, up to 3.5%. The Bank of England have now raised interest rates for the ninth time this year in an effort to combat inflation. Interest rates have now climbed from 3% to 3.5%, the most rapidly these rates have climbed in a decade. So why are interest rates rising?
Due
DECEMBER 10, 2022
Consumers are taking the plunge into solo traveling, despite the cost of traveling surging in recent months due to higher inflation and interest rates. Traveling alone during retirement is nothing new, and millions of retirees and more mature adults are enjoying the excitement of experiencing a new country or culture by themselves. Most recent statistics indicate that 16% of people in the United States have taken a vacation by themselves, that’s more than 53 million Americans embarking on a solo
Lendio
DECEMBER 14, 2022
Every great business has to start somewhere. The founders of Apple and Amazon launched their business dreams in garages. Samsung began as a grocery store. Coca-Cola originally made its product in jugs and sold the now-famous soda for a nickel a glass at a local pharmacy. Many businesses start from nothing before becoming something special. Yet it’s also true that, when the right moment arrives, securing the right funding for your startup can be pivotal in getting your business off the starting b
RMAi Blog
DECEMBER 14, 2022
PHOENIX, AZ – Superlative RM announced today that John Curry has joined the team as the Vice President of Business Development. Curry has over thirty-six years of experience in the ARM industry, having experience in sales and marketing and debt purchasing. This announcement comes as Superlative looks to expand and compete in new markets. Curry said, “After co-owning a receivables management company for the past twelve years, I am excited to join the Superlative team which demonstrates a st
The Esker Blog
DECEMBER 13, 2022
Start up business team meeting working on digital tablet new business project. With the New Year right around the corner, it’s an opportune time for finance leaders to review, reassess and rethink their accounts receivable (AR) strategies. But this prompt is not simply some end-of-the-year contrivance. A shift in mindset is arguably necessary for organizations to maintain a healthy cashflow and resilient business model.
Due
DECEMBER 14, 2022
The new year comes with the chance to reflect on the past year and set new goals. However, don’t just set physical and mental wellness resolutions. You should also add financial wellness resolutions as well. To help you reach your financial goals in the new year, here are twelve ways to start fresh: 1. Revise your budget. Financial health starts and ends with a budget.
Lendio
DECEMBER 12, 2022
The availability of dependable cash flow can have a big impact on the success of a small business. Yet a 2021 report from the Federal Reserve shows that, when businesses applied for financing, nearly 60% of applicants were either outright denied or able to borrow only a portion of the money they needed. . It’s tempting to look at the bank as the bad guy in this scenario.
RMAi Blog
DECEMBER 14, 2022
Fairfield, NJ – Stephen Greco, Vertican Technologies, Inc. Chief Information Officer, received recognition from the CIO Professional Network as one if its 2022 Distinguished Members. This organization is a members-only network set up to share best practices and insight on common issues and it recently asked its community to register their votes for the three members that they felt had contributed greatly to the membership in 2022.
incfile
DECEMBER 13, 2022
Choosing a name for your California business isn't as straightforward as you might think. And the name you choose may not be the only name you'll use. That's when you might need a DBA, or "Doing Business As." A DBA is a legal filing that, once approved, allows you to operate your business under a different name.
Due
DECEMBER 11, 2022
Everyone wants to retire and spend the rest of their lives in comfort without worrying about their finances. That dream is definitely achievable, but, to do that, you must prepare for it as soon as possible. Whether you’re a bachelor or bachelorette, a widow or widower, there’s no better time to start preparing for retirement than now. Truth be told, being single puts you at a significant advantage in preparing for retirement, as you have complete control of your life and are most likely not re
Lendio
DECEMBER 16, 2022
Way back in 2019, research from the Harvard Business Review (HBR) published a powerful statement on recessions: it’s less about if you should prepare or when and more about how you’re preparing. Why? Because twists and turns in an economy always come with an element of unpredictability. The best way to weather those is to be prepared. “Main Street has it right.
RMAi Blog
DECEMBER 13, 2022
Philadelphia, PA December 11, 2022-Hospital revenue cycle management in the 48 continental United States just got more robust thanks to the merger of JP Recovery Service (JPRS) and Meduit, two leading healthcare revenue cycle solutions companies. JP Recovery Services—represented in this merger by Corporate Advisory Solutions (CAS)—has been in business for over 25 years.
Credit Management Group UK
DECEMBER 15, 2022
This instalment shows how devious some debtors can be when trying to avoid paying fees for backdoor hires. As previously employed as a Credit Manager by a national recruitment company and working for many recruitment firms since setting up CMG UK we have a vast amount of experience in making sure our clients get paid. This instalment highlights the need to confirm all conversations in writing with the candidates, as well as customers.
Beyond Capital Blog
DECEMBER 16, 2022
What 2023 business trends are shaping the economy? Here’s a look at 10 and how they affect small businesses. The post 10 Leading Business Trends in 2023 to Watch appeared first on Fast Capital 360.
Lockstep
DECEMBER 14, 2022
Whether you are shopping for your team, a colleague secret Santa or the special accountant in your life, finding the right gift can be tough. But never fear, we are here to help with a list of the top gifts for the accountants on your holiday shopping list. With that in mind, here are some great gift ideas for the accountant in your life. 1. A personalized mug – This is a great gift for the coffee or tea lover in your life.
RMAi Blog
DECEMBER 12, 2022
December 12, 2022 (Sacramento, CA) – Receivables Management Association International announced today that Garnet Capital Advisors, LLC is providing gold sponsorship support of the receivables management industry and the RMAI Annual Conference again this year. The conference will be held February 6-9, 2023, in Las Vegas, and registration is currently open.
Accounting Department
DECEMBER 14, 2022
Cost analysis is sometimes overlooked by business owners simply because it is inherently complex and time is precious. In-depth cost analysis performed in a methodical manner highlights costs for services and goods.
Beyond Capital Blog
DECEMBER 16, 2022
Do you want to be one of the fastest-growing businesses this year? Learn what industries are flourishing and how you can follow their lead. The post What Are the Fastest-Growing Small Businesses in America? appeared first on Fast Capital 360.
Lockstep
DECEMBER 15, 2022
The Lockstep Receivables application is recognized as an “Acumatica-Certified Application” for 2022 updates. Seattle, WA – (December 14, 2022) – Lockstep , the connected accounting network, announced that its software, the award-winning Lockstep Receivables has been validated to work with the latest upgrades and updates of Acumatica, 2022 R2 and R1.
Due
DECEMBER 12, 2022
In the wake of the stock market crash and rising interest rates, consumers are buying annuities. In fact, in the third quarter of 2022, insurance industry trade group Limra estimates that annuity sales totaled almost $80 billion — just beating the Q2 record of $79.4 billion. As of 2022, consumers are expected to purchase almost $300 billion in annuities.
Accounting Department
DECEMBER 15, 2022
The year is drawing to a close, setting the stage for a bright 2023. If you own or manage a business of any type or size, it is definitely time to prepare for the transition to the new year, if you haven't already.
Beyond Capital Blog
DECEMBER 12, 2022
Learn why you need a small business emergency fund, how much you should save and best practices to build a financial cushion. The post Build a Small Business Emergency Fund in 8 Steps appeared first on Fast Capital 360.
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