Sat.Feb 18, 2023 - Fri.Feb 24, 2023

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Gurstel Law Firm P.C. hosted a successful youth outreach event

RMAi Blog

Gurstel Law Firm P.C. hosted a successful youth outreach event focusing on Financial Literacy on February 6th at Tolleson High School in Phoenix, AZ. 500 Tolleson High students were in attendance for the full day event. Todd Gurstel, along with Gurstel attorneys Kerry Markert, Danny Ford and Elizabeth Lindblom, hosted 10 professional athletes for a day full of fun, education, autographs and pizza.

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How Healthy Is Your Accounts Receivable?

Your Virtual Credit Manager

Photo by Mockup Graphics on Unsplash The old saying goes that you can’t manage what you can’t measure. That certainly holds true for business processes, including the management of your Accounts Receivable (AR) and the part it plays in the order-to-cash process. If your AR is deteriorating, you better diagnose the problem as quickly as possible so you don’t incur cash flow problems and bad debt losses.

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How to Maximize Your Social Security Benefits in 2023

Due

Did you know that in 2023 approximately 67 million Americans per month will receive a Social Security benefit? To put it another way, nearly nine out of ten people over 65 received Social Security benefits as of December 31, 2022. Moreover, Social Security benefits represent about 30% of an elderly person’s income. Since your Social Security checks will likely be one of your main sources of income in retirement , knowing how to increase them is vital.

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SAR Writing: Best practices for a strong AML/CFT program

Abrigo

Strategies for clear, concise SAR writing How can BSA officers make their SARs stand out to law enforcement? These suggestions for structuring and writing SARs can help. You might also like this webinar, "Best Practices for Writing SARS." Watch Webinar Takeaway 1 The care put into your SAR writing may make the difference in whether it is clearly understood by law enforcement.

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RMAI 2023 Annual Conference Donates to The Shade Tree, Las Vegas Charity Empowering Women and Children

RMAi Blog

February 24, 2023 (Sacramento, CA)  – The Receivables Management Association International celebrated its 26 th Annual Conference in Las Vegas, February 6-9, 2023. Wanting to give back to the Las Vegas community while presenting the Annual Conference there, RMAI organized a charity fundraiser to support The Shade Tree, a Las Vegas charity that provides shelter and services to women in need, as well as their children and pets.

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Why you should automate your supplier and payroll payments

Chaser

Thanks to the emergence of cloud technology in the accounting space, historically time-intensive financial tasks such as processing accounts payable or chasing invoices can now be automated to save you time and reduce errors.

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Skyview Gets Ahead of Uncertain Economy with Help of LSQ

lsq

In late 2021, Dean Estrada and his colleagues at Skyview Capital began seeing some headwinds that could drastically impact their business. But instead of waiting to see what happened with the interest rate environment and credit market, the team decided to get proactive. “After a couple of years of essentially zero percent interest rates and easy money, we knew the bill was going to be coming due,” said Estrada.

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How to Win the Accounting Talent War in 2023

Plooto

Finding and retaining top accounting talent continues to be a challenge for CPA firms, especially after the pandemic has fundamentally changed how we work. However, with the right strategies, accounting firms can position themselves as employers of choice in order to attract the best and brightest candidates.

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Forming an LLC in Delaware vs. Florida

incfile

Determining whether to launch your LLC in Delaware or California involves taking a look at the pros and cons of each state so you can make the right decision for your business. Overall, Delaware is a better choice for most business owners due to its business-friendly court system and lower taxes. California may be a good fit for business owners who want access to a strong economy and lots of startup funding.

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Retirement Risk Management: Protecting Your Nest Egg

Due

Where did the term “nest egg” originate? To encourage the hens to lay more eggs, farmers used to leave one egg in the henhouse. Today, nest eggs typically refer to retirement savings that you do not touch until you retire. It’s the money you save for the future so that you have something to fall back on when you retire. In many financial plans, the stated objective is to grow your nest egg.

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FCRA Violations Explained & Common Examples

Credit Absolute

The Fair Credit Reporting Act came into law in 1970 to protect citizens’ credit information. Credit reporting agencies are bound by the act to provide accurate, factual, and up-to-date consumer information. Most importantly, the act ensures that standardized scoring models get furnished with the right information when determining your credit score. So, What Are FCRA […] The post FCRA Violations Explained & Common Examples appeared first on Credit Absolute.

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Chaser is launching a countdown to get $5 billion paid for businesses in 2023

Chaser

As one of the market-leading accounts receivable software platforms, Chaser was founded with the aim of making sure that businesses around the world could get invoices paid faster, without needing to pile extra resources into chasing money they had already earned. That's why Chaser is launching our push to get $5 billion paid for businesses in 2023.

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2022 Magic Quadrant™ for Procure-to-Pay Suites: Demonstrating the Importance of Understanding Market Needs

The Esker Blog

At Esker we were really pleased to learn that we met the inclusion criteria for the 2022 Gartner® Magic Quadrant Report for Procure-to-Pay (P2P) Suites the third year running. Providing companies across the globe with a solution that helps them better manage spending and financials is the reason why we go to work in the morning. What makes us truly ecstatic, though, is the fact that 97% of our customers reviewing us on Gartner’s Peer Insight platform would recommend Esker.

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SBA Loan Options For Your Startup

Lendio

Launching a startup business is exciting, but it can also be stressful if you need external money to keep the momentum going. While the SBA offers several small business loans for established companies, there are also some options available to new ventures. Explore the most common SBA loans for startups, so you know how to get working capital for your business when it’s needed most.

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Accounts Payable Best Practices & Tips and Tricks for Improvement

The Corcentric Blog

Ten best practices that every AP department must focus on, including AP automation, KPIs, standardized payment terms, and supplier relationship management.

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Small banks: Big challenges and big opportunities

Abrigo

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. You might also like this on-demand webinar: "Problem loans: Identifying warning signs and management options" WATCH Takeaway 1 Executive leaders of small community financial institutions face complex issues, including declining deposits.

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Best Secured Business Credit Cards – Build Business Credit Easily

Business Credit

Best Secured Business Credit Cards How can you get a business credit card if you have less than perfect credit? If your goal is to strengthen or build business credit, this post is for you. You’ve probably heard a secured credit card can be a good option to build or rebuild your personal credit. But […] The post Best Secured Business Credit Cards – Build Business Credit Easily appeared first on Business Credit.

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How Small Businesses Can Increase Their Share of the Pie

Lendio

Have you ever heard the phrase “there’s only so much pie to go around”? It’s a popular saying in business, and for a good reason. When we talk about “pie,” we’re referring to market share—available customers. Like pie, there are only so many customers to go around, and every business is hungry for a bigger slice.

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Why Delaware Is The Business Tax Capital In USA - IncFile

incfile

As the first of the original 13 U.S. colonies to ratify the constitution, Delaware is often referred to as “The First State.

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The Lowdown on Accounting Process Automation

Accounting Department

Notorious for being time-consuming, manual processes consume a lot of time for businesses. This is caused by relying on spreadsheets to handle core accounting functions that could otherwise be completed in seconds or minutes, rather than hours or days. Not to mention every manual process is prone to human error, which could lead to additional costs, delays, and issues.

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Advice for Busy Business Owners

Enterprise Recovery

When you own your own business, something always demands your attention. Whether it's troubleshooting office issues like internet outages, customer service challenges, or trying to get paid, entrepreneurship is a busy vocation. To grow your business, you may need to adjust your focus from putting out fires to looking at your business differently. Adjust your perspective with this helpful advice for busy business owners.

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How Does The SBA Define A Small Business

Lendio

According to the U.S. Small Business Administration (SBA), small businesses account for 99.7% of all businesses in the U.S. But what exactly is a small business? Below, we’ll dive deeper into the SBA’s definition of a small business, so you can determine whether you meet SBA loan requirements and qualify for certain benefits. SBA Small Business Definition The SBA’s definition of a small business varies by industry and is defined either by a business’s average annual receipts or by the number of

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10 Best Credit Cards for Fair Credit

Due

Having a credit card offers a wide range of benefits. Hit with an unexpected expense like a flat tire or broken water pipe? You can take care of it right away and pay off the bill over time. You can also keep an itemized list of payments, apply for loans and even earn rewards like airline points. Having a less-than-perfect credit score is no obstacle to obtaining a credit card.

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Be Prepared to Make These 5 Accounting Decisions

Accounting Department

For new and growing businesses, accounting may not be the most exciting topic for owners, however, it's good accounting that will keep a business alive and prepared for what is around the corner.

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Welcome to Part Three of our Commercial Credit Management Q&A Blog 

Credit Management Group UK

This week we will be covering Incorporating T&C’s Q: We have 3 sets of T&C’s for each of our services types. To avoid having to attach each set of T&C’s to our quotes, order acknowledgement and invoices is it OK to just refer to them on our website? A: You don’t need to have your terms on your invoices although a reminder of payment terms etc. can be useful.

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“Taking on the Digital Invoicing and Payments Revolution” Webinar Recap 

TreviPay

For years, B2C solutions have dominated market transformation with innovations such as mobile payments and digital wallets. But now, we’re seeing a shift with B2B taking over with innovation. In “Taking on the Digital Invoicing and Payments Revolution” webinar, Forrester Principal Analyst Jacob Morgan and TreviPay CEO Brandon Spear shared insights into the research behind the future of payments and the business processes that support a successful payments strategy.

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What Are the Top Features of Loan Application Processing Systems?

Biz2X

Are you seeking a top-notch loan management system for your credit union, small regional, or community bank? Does the time-consuming process of researching the numerous features make you want to hide your head in the sand? The right digital loan origination system can help your financial institution streamline every step of the loan servicing process.

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Is this lender in trouble?

Cpcmcredit Blog

Readers of Private Eye might have noticed a small piece on a lender who’s auditors (KPMG) have resigned despite the business posting pretty decent results. Apparently there are various issues with the internal disclosures of information or something to that effect I know the lender a little and have engaged with them in the past without ever actually completing a deal.

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One Year Into the Russia-Ukraine War, and No End in Sight

Loomis Sayles Credit Research

One year after Russia’s invasion of Ukraine, we fear the prospects of peace remain remote and that the conflict is likely to drag on for quarters, if not years. An analysis of relative strategic and economic positioning drives our assessment. The strategic initiative remains with Russia. Despite some recent successes, Ukraine has failed to fully eject Russian forces.

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How to Maximize Your Social Security Benefits in 2023

Due

Did you know that in 2023 approximately 67 million Americans per month will receive a Social Security benefit? To put it another way, nearly nine out of ten people over 65 received Social Security benefits as of December 31, 2022. Moreover, Social Security benefits represent about 30% of an elderly person’s income. Since your Social Security checks will likely be one of your main sources of income in retirement , knowing how to increase them is vital.