Onguard
MAY 24, 2023
Predicting the future credit landscape is always difficult for companies, even in the best of times. However, it is clear that the quality of available data and the way it is delivered and used will determine this future picture. Live and up-to-date data are therefore crucial for financial professionals who want to make the right choices and minimise risks.
Your Virtual Credit Manager
MAY 23, 2023
Business customers pay for the goods and services they purchase from other companies. After all, a sale isn’t truly complete until it has been paid. Good customer purchases generate a profit for the seller, and I’m not just talking about gross margin. Gross margin is what’s left over after subtracting the cost of goods sold from the revenue generated by the sale.
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Chaser
MAY 25, 2023
While it looks like the UK will avoid a full-on recession this year , the economic environment is uncertain due to interest rates rising to their highest level since 2008 and inflation leading to an increased cost of doing business.
Plooto
MAY 24, 2023
Smart cash management strategies are required for businesses of all sizes to succeed. Small businesses are particularly vulnerable to running out of cash due to economic downturns, poor cash flow management , and inadequate long-term planning.
Lendio
MAY 24, 2023
Learn How To Start A Small Business. Starting a small business involves many crucial planning, legal, and financial steps. This guide will walk you through everything you need to know. STEP 1 Perform Market Research Market research can provide valuable insights into your marketplace, the industry your new small business is entering, and the competition it will face.
Due
MAY 23, 2023
Personal finance is a critical aspect of life that many overlook until they encounter financial difficulties. It is often associated with negative emotions such as stress, anxiety, and fear. However, understanding and managing your finances can be a game-changer that sets you on the path to financial success. Like any other skill, it requires time, patience, and a willingness to learn.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
SSI Healthcare Rev Cycle Solutions
MAY 24, 2023
May 24, 2023 9 Essential Questions Revenue Cycle Leaders Should Be Asking About Their Claims Clearinghouse Vendors Welcome to the world of healthcare revenue cycle management, where every aspect of your business is crucial to success. It’s not just about having any partner but having the right partner that can make all the difference. At times, settling for a vendor that is simply “good enough” might seem like the easiest option, but it can ultimately hold your organization ba
Lendio
MAY 25, 2023
Many businesses invest a lot of resources into enticing new customers. But how are you keeping those customers coming back for more? Enter the small business customer loyalty program — one of the best ways to drive significant results to your bottom line. Just look at some of the statistics surrounding the power of customer retention: An increase of 5% in customer retention can grow profits by more than 25%. ( HBR ) An estimated 65% of a company’s business comes from repeat customers. ( Invesp )
The Red Spectrum
MAY 22, 2023
Keeping up with economic developments is essential for making wise judgments in the dynamic world of business. Interest rates are one such element that has a substantial effect on businesses. Understanding how rising interest rates can affect your business operations, whether you’re a small business owner or a corporate executive, is crucial for successfully navigating the financial landscape.
Chaser
MAY 22, 2023
Are outstanding invoices causing chaos for your business? You're not alone if you're a business owner facing this issue. In fact, in the UK alone, over £23 billion of outstanding payments are due to companies across Britain ( Small Business Commissioner ), with over 55% of payment requests taking place outside of the working day (QuickBooks).
SSI Healthcare Rev Cycle Solutions
MAY 24, 2023
May 24, 2023 9 Essential Questions Revenue Cycle Leaders Should Be Asking About Their Claims and Clearinghouse Partner Welcome to the world of healthcare revenue cycle management, where every aspect of your business is crucial to success. It’s not just about having any partner but having the right partner that can make all the difference. At times, settling for a vendor that is simply “good enough” might seem like the easiest option, but it can ultimately hold your organizatio
Accounting Department
MAY 23, 2023
In today's fast-paced business environment, organizations must leverage the right tools and technologies to stay competitive and achieve sustained success. Efficient management of enterprise resources is critical for smooth operations and growth.
Credit Management Group UK
MAY 23, 2023
Cash flow is king within any business, therefore knowing how to improve your cash flow is essential to your business’ survival. I have to say that there are many things that can affect your cash flow, for good or bad, I am only going to discuss one aspect of your cash flow (and one of the more important ones at that), credit management. I have seen many businesses play a dangerous game with their cash flow; they will accept sale after sale, work extremely hard to get their work done and de
Abrigo
MAY 24, 2023
The SAFE Banking Act could bridge the state and federal cannabis banking gap Read more for the legislation's history and how it benefits financial institutions looking to profitably bank CRBs. You might also like this whitepaper, "Cannabis and financial institutions: Providing services to cannabis-related businesses." Download now Takeaway 1 Under current federal law, banks and credit unions face federal prosecution and penalties if they provide services to legal marijuana-related businesses.
Due
MAY 25, 2023
Many people are wondering if the higher interest rates set by the Federal Reserve are slowing inflation. For nine months straight, the annual inflation rate has been decreasing. However, the Consumer Price Index’s (CPI) data will sometimes show specific sectors experiencing price increases despite a general trend of decreasing inflation. This article will look at what effect the increase in interest rates has had on inflation and what possible negative consequences could be.
Accounting Department
MAY 25, 2023
As a business grows, it's critical that the systems supporting it are capable of supporting that growth. Using dated manual processes, Excel files, or archaic systems to run a business will quickly catch up to any business owner during periods of growth. It can even go as far as hindering growth due to its inaccuracies and inefficiencies.
Enterprise Recovery
MAY 26, 2023
When you're growing a business, a late-paying client can be frustrating. You have to dedicate time and resources to figure out what happened and why. You have to pull yourself together enough to have a conversation about money - something that's not easy for many people. The most important thing to remember is that your business fulfilled its part of the deal, and now your client owes your business.
Lendio
MAY 26, 2023
Entrepreneurs who want to operate a franchise location must choose whether to start a new establishment or purchase an existing business. While opening a new location comes with its own perks, those who decide to buy an existing franchise will find other benefits, such as pre-trained staff and an established reputation. However, before signing any contracts, you should consider a few factors.
Due
MAY 24, 2023
Shopping for financial geeks can be particularly challenging. Finance geeks are notorious for being hard to please due to their heart for value and their brains for constant cost-benefit analyses. For the holidays , birthdays , or just to show your appreciation, here are 25 finance gifts for geeks like you and me! 1. Clever Fox Financial Planner Maintaining your finances is easy with Clever Fox Budget Planner, which offers the following features: Get a handle on your finances.
Waystar
MAY 26, 2023
Revenue cycle management strategies are a dime a dozen. So, how do you know which ones will actually boost productivity? You ask the experts. That’s exactly what we did in a recent Q&A: How do we fix workforce efficiency in healthcare? During this session, Waystar experts put decades of industry experience to the test. By answering audience questions live, they explored revenue cycle management strategies that they know, from experience, work.
Grit
MAY 26, 2023
Offering a wide range of product options and implementing effective pricing strategies are crucial for attracting customers and maximizing sales. The ability to customize products and optimize pricing can significantly impact customer satisfaction and business profitability. In this article, look at the significance of product options and pricing strategies in the context of UBigCommerce, a leading e-commerce platform in 2023.
Lendio
MAY 26, 2023
As an entrepreneur, opening a new franchise location or taking over an existing one can be a fruitful endeavor that yields a great return on investment (ROI). However, without the right budget, franchisees may find themselves overextended and unable to fulfill their contractual obligations, leading to legal issues and a potential loss of their business.
Due
MAY 22, 2023
What does financial independence feel like? Well, you won’t have to worry about living paycheck to paycheck, and you’re free to pursue your passions, travel the world , or spend time with your family. While these all may sound like a dream, you can live this dream if you can manage to retire with $1.2 million. What’s more fascinating is that you can gather this $1.2 million in just six months.
The Red Spectrum
MAY 26, 2023
As an entrepreneur, having a business credit card can provide you with numerous benefits, from managing cash flow to earning rewards and building your business credit profile. However, getting approved for a business credit card may be challenging. In this article, we will discuss 13 tips that can help you increase your chances of instantly getting approved for a business credit card.
Bectran
MAY 26, 2023
Each method of transferring money between banks has its own unique characteristics and benefits, and choosing the right one for your accounts receivable process can be a challenge. Read on as we explore the differences between wire transfers, ACH and EFT to help you decide which method is best for your business.
NorthOne
MAY 26, 2023
As a plumbing business owner, one of your main goals is to grow your customer base and increase revenue. In this technologically advanced age, having a strong online presence is crucial to achieving these goals. Search engine optimization (SEO) is a powerful tool that can help you reach more customers and improve your online visibility. In this article, we’ll discuss the best plumber SEO strategies for 2023, and how you can use them to grow your business.
Due
MAY 26, 2023
Social Security benefits will eventually be paid to the majority of American workers. It may be possible to qualify for bigger Social Security payments and avoid payment reductions and withholdings if you understand how the system works. Still. when workers reach retirement age, they often have many questions regarding Social Security benefits — especially when there is so much confusion and misinformation regarding Social Security.
incfile
MAY 26, 2023
A business savings account is critical for long-term business growth and maintenance. Just like a personal savings account, a business savings account allows entrepreneurs to manage cash flow and build savings for unforeseen expenses and fees.
Reorg Blog
MAY 26, 2023
The post Analysis: Tele Columbus Value Barely Covers Secured Debt appeared first on Reorg.
Credit Tools
MAY 26, 2023
Intersud, the trusted source of in-depth financial research, and My DSO Manager, a leading credit management software, are excited to announce their partnership to improve customer financial.
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