RMAi Blog
SEPTEMBER 6, 2024
A Decade of Embracing the Highest Business Practice Standards Rochester, N.Y., September 6, 2024 – Continental Service Group, LLC, operating under the name ConServe, proudly upholds its national A+ Accreditation Standard from the Better Business Bureau (BBB) for more than 10 years. ConServe is dedicated to ethical practices and integrity in accounts receivable management.
Your Virtual Credit Manager
SEPTEMBER 3, 2024
As businesses grow and add customers, there comes a point when collections become a burden. This will generally occur before a company reaches 100 customers on open account, but certainly before they acquire 200 customers. Once you are dealing with hundreds of customers, the time required to contact everybody who has gone past due becomes substantial, and will require a dedicated effort, rather than an ad hoc approach.
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Due
SEPTEMBER 5, 2024
Consumers care about quality. From experiences to services to gear, for most consumers money spent on affordable, quality products is seen as money well spent. As a business, it’s important to maintain a high degree of quality. At the same time, you need to operate with a healthy profit margin and ensure your target audience can afford the solutions you’re offering.
Grit
SEPTEMBER 4, 2024
Maximizing profits after Halloween is essential for BigCommerce merchants. The holiday season doesn’t end on October 31st. There are still plenty of opportunities to drive sales during the Halloween after sale period. Automated campaigns can help you manage these post-Halloween sales efficiently, saving time and boosting revenue. Understanding the Importance of Halloween After Sales Halloween after sale campaigns are crucial for keeping the momentum going after the holiday.
CreditStrong for Business
SEPTEMBER 6, 2024
A business loan can provide your company with financial solutions for many different situations. Yet before you can take advantage of thisl, you’ll need to figure out how to qualify for a business loan. Each lender has its own criteria when it comes to approving loan applicants. Below, you’ll find nine common business loan requirements that your company might need to satisfy to qualify for this versatile type of financing.
Enterprise Recovery
SEPTEMBER 6, 2024
Cash flow basics are important for startup leaders to ensure financial stability and growth. Positive cash flow indicates more money is coming into the business than going out, while negative cash flow suggests the opposite. Leadership should regularly monitor cash flow statements to identify trends, potential shortfalls, and opportunities for improvement.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
Grit
SEPTEMBER 5, 2024
The holiday shopping season is just around the corner, and Cyber Monday is one of the biggest days for eCommerce sales. As a BigCommerce store owner, preparing for Cyber Monday is crucial to ensure your online store is ready to handle the influx of traffic and orders. In this guide, our eCommerce experts share their top tips and strategies for optimizing your BigCommerce site to maximize your Cyber Monday sales.
CreditStrong for Business
SEPTEMBER 6, 2024
Startups often need funding to get up and running or gain additional traction. Generally, the best way to do that without giving up ownership of your company is to get a startup business loan. However, qualifying for a business loan can be challenging, especially for new startups without significant revenues or business credit history. Here’s a step-by-step guide to help you navigate the process, plus some alternative financing options you may want to consider.
Accounting Department
SEPTEMBER 5, 2024
Financial Planning & Analysis (FP&A) is crucial for any business aiming to scale successfully. It involves detailed financial forecasting, budgeting, and analytical processes that drive strategic decision-making.
Abrigo
SEPTEMBER 6, 2024
FinCEN's 2024 real estate and investment advisory rules FinCEN is tightening the reins on residential real estate money laundering and investor advisers. Here is what you need to know. You might also like this webinar, "Tackling operational risks: Strategies for check fraud and ransomware prevention." REGISTER Takeaway 1 Real estate money laundering is a serious issue , with a n estimated $2.3 billion laundered between 2015 and 2020 through the U.S. real estate market alone.
Loomis Sayles Credit Research
SEPTEMBER 5, 2024
In 2023, the cloud of headline risks swirling around emerging market (EM) corporates (COVID, Russia/Ukraine and China’s property crisis) began lifting as rating upgrades outpaced downgrades. Year to date 2024, the positive trend has persisted, bolstered by an uptick in sovereign-related upgrades. In our view, EM corporations’ responses to the challenges they faced during the past few years have made them stronger.
Reorg Blog
SEPTEMBER 5, 2024
The post Court Opinion Review: Secrecy Begets Secrecy in the Jones/Freeman Affair, Bird Global’s Dubious Purdue Workaround, and DSG Small Ball Shambles On appeared first on Reorg.
Accounting Department
SEPTEMBER 3, 2024
It has been said that human capital is an organization's most valuable asset in today's climate. However, managing your financial assets is the ultimate responsibility of the company leadership. Without sound financial planning and asset management, a business can't thrive. And, ultimately, your human assets will suffer. Forecasting is an essential part of the equation.
Chaser
SEPTEMBER 6, 2024
Delighted to share that Chaser has been shortlisted for the Best Use of Technology in Credit & Collections award at the 2024 Credit & Collections Technology Awards.
Loomis Sayles Credit Research
SEPTEMBER 3, 2024
A flurry of negative economic and geopolitical headlines have battered Chinese equities over the past year, leading to multiple rounds of investor pullbacks and eventual capitulation. Today, global funds are significantly underweight China and valuations appear abysmal. Some Chinese stocks have staged rebounds in recent months, and there is market chatter about the potential for rapid growth reacceleration for many companies.
Due
SEPTEMBER 5, 2024
Glenmark Pharmaceuticals Inc. USA (Glenmark), based in New Jersey, has been held accountable for $25 million to resolve allegations that the company fixed drug prices. The drug in question is pravastatin, used to treat high cholesterol and triglyceride levels. Between 2013 and 2015, Glenmark allegedly made investments and received monies entirely in breach of the Anti-Kickback Statute in promoting the drug alongside other pharmaceutical companies.
Bectran
SEPTEMBER 5, 2024
Cash application, as the final step in the order-to-cash (O2C) cycle, is a vital part of the accounts receivable process. Despite being integral to B2B finance operations, cash application is still widely completed through manual efforts.
Lendio
SEPTEMBER 6, 2024
One of the most important questions you need to answer as a small business owner is whether you should incorporate your business—and if so, how. Here, we’ll explore why you would want to incorporate your business, and how to do so, with helpful links to resources across different U.S. states. About business incorporation What does “incorporated” mean?
Reorg Blog
SEPTEMBER 6, 2024
Judge Grace E. Robson confirmed the Red Lobster debtors’ amended chapter 11 plan at an uncontested hearing.
Due
SEPTEMBER 6, 2024
A Massachusetts medical device manufacturer has agreed to pay the authorities $700,000 to resolve allegations that the company knowingly breached the False Claims Act (FCA). The company in question is THD America Inc., which is run by parent company THD SpA of Italy (collectively, THD). THD is footing the bill for the FCA breach caused by physicians knowingly submitting incorrect costing codes and billing to Medicare and State Medicaid for a specific medical procedure.
CreditStrong for Business
SEPTEMBER 6, 2024
If you’re looking for a new credit card for your small business, you technically don’t have to get a business credit card, especially if you just want to separate your personal and business expenses. But the benefits that come with small business credit cards should make any business owner reconsider using a personal card to help run their business.
TreviPay
SEPTEMBER 6, 2024
IIn the dynamic world of business finance, cash flow forecasting is a cornerstone of effective financial management. This process predicts future cash flow, showing how much money will come in and go out. This helps businesses understand their finances and the challenges they might face. Cash flow forecasts are important for businesses. They help navigate market changes, economic uncertainties, and growth opportunities.
Reorg Blog
SEPTEMBER 6, 2024
Relevant Document: Amended Plan (and Blackline) Judge Grace E. Robson confirmed the Red Lobster debtors’ amended chapter 11 plan at an uncontested hearing today. The debtors resolved all objections to the plan ahead of today’s hearing.
Due
SEPTEMBER 5, 2024
Two Russian nationals have been indicted for their role in a $10 million illegal advertising and content campaign. This breached the Foreign Agents Registration Act (FARA), and according to the Justice Department, their actions involved conspiracy to commit money laundering. Kostiantyn Kalashnikov and Elena Afanasyev are the pair in the crosshairs of the Justice Department for their actions with Russian-backed broadcaster Company-1.
CreditStrong for Business
SEPTEMBER 6, 2024
Personal and business credit scores both impact your ability to qualify for a business loan. It can be hard to get the financing you want if either one is low, but you can still do it with the right strategy. Here’s everything you need to know about how to get a business loan with bad credit, including a step-by-step guide to the process and the best types of financing to target.
Cpcmcredit Blog
SEPTEMBER 5, 2024
I was asked this question today and my advice to businesses seeking finance is generally “no” For successful arrangements, brokers receive commission from the lenders (and standardised rates across the industry) and in truth, these commissions can be pretty generous. Also remember that in the case of invoice financing, they are “on going” Of course the answer ton the question is that it also entirely up to you and how comfortable you feel with the arrangement but do be aw
Reorg Blog
SEPTEMBER 5, 2024
The post Court Opinion Review: Secrecy Begets Secrecy in the Jones/Freeman Affair, Bird Global’s Dubious Purdue Workaround, and DSG Small Ball Shambles On appeared first on Reorg.
Grit
SEPTEMBER 4, 2024
Halloween is an exciting time for eCommerce, especially for retail stores on BigCommerce. It’s an opportunity to increase sales and engage customers through creative virtual Halloween activities. These activities can help you stand out and make your store more attractive during the Halloween season. Setting the Stage with Halloween-Themed Store Design Creating a Halloween-themed design for your BigCommerce store is the first step in preparing for virtual Halloween activities.
CreditStrong for Business
SEPTEMBER 6, 2024
Business and personal loans both provide you with a lump sum that you repay in monthly installments. However, while there’s some significant overlap in their functionalities, they’re not interchangeable. If you’re looking to borrow, here’s everything you need to know about business loans versus personal loans in order to determine which makes the most sense in your situation.
Due
SEPTEMBER 4, 2024
Two foreign nationals have been caught and sentenced for their part in an elaborate $5m email fraud scheme. The charges that were laid against the pair revolved around conspiracy to commit wire fraud , three counts of wire fraud, conspiracy to cause intentional damage to a protected computer, and intentional damage to a protected computer, according to the Justice Department.
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