SAP Credit Management

FEBRUARY 7, 2023

We are excited to feature the SAP Community Spotlight this month and share why SAP Signavio enables and speeds up your continuous business process transformation. In today’s world, with rapid changes and market disruptions, companies must stay agile and transform fast. Not only to adapt their value chains and business operations but also to ensure excellent customer experience and remain relevant in the market.

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Process Mining 198

RMAi Blog

FEBRUARY 9, 2023

February 9, 2023 (Sacramento, CA)  – Members of Receivables Management Association International (RMAI) elected Officers and Directors to its Board for 2023. Of the ten-member Board, eight are continuing service from the previous year. The 2023 Officers and Directors are: Anne Thomas, Cavalry Portfolio Services, President Brett Soldevila, Security Credit Services, LLC, President Elect Jon Mazzoli, Resurgent Capital Services, Treasurer Brian Williams, Crown Asset Management, LLC, LLC, Secretary A

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Law Firms Credit and Collections Debt Collections 130

Your Virtual Credit Manager

FEBRUARY 7, 2023

By Omry Man Photo by Umanoide on Unsplash Traditionally, a service business’s billing and payment collections process has looked something like this: You send a PDF document or email agreement for signed approval when onboarding a new client, you provide your services, create an invoice (after going back to check what the terms were in the original agreement), you make sure your client receives it, you go back and make corrections to the invoice if needed, you send payment reminders, you f

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AR Automation Accounts Receivable (AR) Credit and Collections Bad Debt 130

Due

FEBRUARY 4, 2023

Aspiring entrepreneurs may need help to develop great business ideas , especially when it seems everyone has already taken all the good ones. Still, it’s possible to succeed by making old ideas or products better or giving them a new twist. Taking the chance to open a business can be both exciting and hard to understand. About 90% of new businesses fail, and many reasons exist.

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Small Businesses 115

SAP Credit Management

FEBRUARY 9, 2023

Dear Readers, This Blog will cover how to use ” Import Financial Plan Data ” Fiori Application for Projects with different currencies for ” Project Planning ” I assume Readers are aware of basic Function/Feature of this application. Prerequisites : Necessary Configuration for Project System Availability of Master Data Maintain Category for Planning Download the Template ” Project Planning ” via Download Template button located in ” Import Financial Plan

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RMAi Blog

FEBRUARY 8, 2023

February 8, 2023 (Sacramento, CA)  – The Receivables Management Association International celebrated its 26 th Annual Conference in Las Vegas, February 6-9, 2023. RMAI was pleased to host this popular conference which attracted more than 1,300 attendees this year. RMAI took the opportunity to present its annual awards, recognizing leaders in the receivables management industry.

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Law Firms Small Businesses 130

Due

FEBRUARY 6, 2023

Tim Pawlenty, president and CEO of Financial Services Round Table and former governor of Minnesota, once said, “Financial literacy is an important part of avoiding financial mistakes and planning for a strong, secure financial future.” He might not have realized it at the time, but this quote is spot-on. In a survey conducted by the National Financial Educators Council, 38% said their lack of financial literacy set them back at least $500 in 2022.

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Credit Scoring Default Bankruptcy 115

SAP Credit Management

FEBRUARY 9, 2023

Prior: – Diverse (i.e., more than 1) Reminder mail with different template to different users in Workflow. Permits triggering reminder email to different set of users for different reminders. Permits recursion for each mail template. Phase 1: – Create Activity to trigger approval mail to approvers. Phase 2: – Model Latest End after 1 Day(s).

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RMAi Blog

FEBRUARY 6, 2023

By Sourabh Gupta *Sponsored Blog Post* Confronted with growing challenges, financial institutions across the U.S. are gearing up for an era of rapid digital transformation and AI-led automation, aiming to boost productivity, efficiency, and security. Debt collection agencies are among the companies looking for solutions that can help them transform, and 2023 will be the year that voice-led tech will challenge the status quo of the ARM industry, especially when companies can deploy it within a da

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Debt Collections Collector Credit and Collections 130

Biz2X

FEBRUARY 7, 2023

With the rise of fintech and digital transformation, financial institutions across the globe are bracing for increased competition as more fintech companies, community banks, and commercial banks employ increased automation to deliver a better customer experience. The new year promises the race to provide faster, more convenient, and more affordable financial services, and products through new technologies will be on-running.

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Credit Unions Cost to Serve Transactions 104

Due

FEBRUARY 9, 2023

In retirement, passive income is key. You need to make money to pay your expenses and enjoy yourself, but you may not have the energy or stamina to work like you used to. Side gigs that generate passive income are a great way to stay busy and make extra money, but how should you evaluate these side gigs? And which ones are best for retirees? Passive Income: A Primer Let’s start with a primer on passive income.

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SAP Credit Management

FEBRUARY 5, 2023

Introduction Let us create our first project in SAP Build Apps. How do you create your first project in SAP Build Apps? Access your BTP Subaccount with the pre-requisites met and subscribed to SAP Build Apps. I am using a Free-Tier version. BTP Subaccount with SAP Build Apps SAP Discovery Center From the SAP Build Lobby, you need to click on Create button Create Project Click on Build an Application Build an Application Click on Web and Mobile Application Web & Mobile Application Add “Proje

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TMC Financing

FEBRUARY 7, 2023

Assisted living facilities are often good candidates for participation in the SBA 504 Loan and the Green Energy Program. The post Family-Owned Karate Academy Soars with SBA 504 Real Estate Purchase appeared first on TMC Financing.

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Know-It Global

FEBRUARY 7, 2023

Know-it, the all-in-one credit management solution, has today announced a new partnership with Swoop to bring Invoice Finance-it to the cloud-based platform. With the instances of late payments continuing to soar after hitting a two-year high in 2022 and the number of corporate insolvencies rocketing over the past year, Know-it has introduced invoice financing to their platform to provide a further cashflow solution for businesses adding to their already extensive suite of features.

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Credit and Collections Credit Risk Credit Management 98

Due

FEBRUARY 8, 2023

For most people, the dream of retirement is to no longer work. However, for some, it’s more about working on their own terms. If you’re someone who likes to have your hands busy with something, starting a business in retirement could be the perfect option for your lifestyle. Wait — Why Would You Work During Retirement? Retirement is typically when a person stops working and is no longer employed.

Small Businesses 105

Small Businesses 105

SAP Credit Management

FEBRUARY 8, 2023

Since CE2208, a new functionality of discontinuation in Sales Scheduling Agreements is provided, to switch the old product to a new product. Referred document: Discontinuation of products in sales scheduling agreements. In CE2302, new features are provided to discontinue the product(sales scheduling agreement item) based on certain quantities. Features The quantity based indicators are provided, to switch the products or items, to carry out the demands of old products.

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incfile

FEBRUARY 7, 2023

If you are a new entrepreneur who is starting a business for the first time, one of the biggest differences between being a business owner instead of an employee is how you pay taxes, which includes estimated taxes.

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Accounting Department

FEBRUARY 9, 2023

It’s common for business owners to feel stretched to the limit with the services they have. A common misconception is that implementing anything else will drain resources and strain current practices. Yet this isn’t necessarily the case — particularly regarding client accounting services (CAS). But why are these services so important? And why is 2023 the year businesses should consider implementing CAS into their strategy?

Small Businesses 95

Small Businesses 95

Abrigo

FEBRUARY 10, 2023

Upcoming revisions to the Corporate Transparency Act Stay current on CTA updates and leave comments on the proposed rulemaking regarding FinCEN's beneficial ownership registry. You might also like this upcoming webinar, "BSA officer’s mindset: A comprehensive look at your AML/CFT program." register now Takeaway 1 The Corporate Transparency Act mandates the creation of a public database for obtaining and holding beneficial ownership information.

Credit Unions 78

Credit Unions 78

SAP Credit Management

FEBRUARY 9, 2023

Introduction This blog post has been written to understand how we can generate India Localization reports such as GSTR 1/GSTR 3B/GSTR 6 Business Use Case Statutory reporting has been localized for use by businesses with operations in the country/region and it comprises functions designed for laws and business practices relevant in the country/region.

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FEBRUARY 7, 2023

It has become increasingly popular to plan for early retirement. Specifically among younger people. According to a CNBC Make It: Your Money survey in partnership with Momentive, nearly 30% of millennials and 25% of Gen Zers expect to need $1 million or more to retire comfortably. Additionally, according to Fidelity Investment s, retirement can last as long as 25 years.

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Investment Firms Deductions 72

Enterprise Recovery

FEBRUARY 10, 2023

Financial statements are as important to business leaders as they are to investors. Working capital provides a financial snapshot of your business on the balance sheet - the difference between the company's current assets and its current liabilities. A cash flow statement offers insight into the expected cash generated over a certain period of time.

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Abrigo

FEBRUARY 9, 2023

Name screening for sanctions compliance Understand regulatory expectations surrounding name screening and the best lists for your risk-based AML program. You might also like this webinar, " AML Compliance and Sanctions Requirements for Non-Bank Financial Institutions " WATCH NOW Takeaway 1 Financial institutions must understand regulatory expectations for name screening with sanctions lists.

Credit Unions 78

Credit Unions 78

SAP Credit Management

FEBRUARY 7, 2023

在此博客中，您将了解有关 SAP S/4HANA Cloud 2302 Logistics Cross Topic相关的更新。 我们为展示 SAP S/4HANA Cloud 2302 中Logistics Cross Topic领域的最新创新版本而感到自豪。在此最新云版本中，我们提供了一系列后勤相关的核心功能增强，您也可以继续通过阅读其他后勤相关的博文以了解最新的更新。本博文涉及Logistics Cross Topic如下： 处理单元管理 计划解决价值链问题 下面，我们来看看具体的功能更新内容。 处理单元管理 处理单元管理新增配置 在此版本中，已对处理单元管理中之前提供的某些配置对象或配置项目进行更改。配置对象中的新字段： 维护包装材料类型 (LO) 。 使用新的 删除空处理单元 标识，您可以定义自动删除仓库管理中由于解包而变为空的处理单元。

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FEBRUARY 10, 2023

In today’s world of economic uncertainty, managing your finances can seem like a daunting task. Shifts in the market and inflation are making it harder to make ends meet for millions of people. Heck, even buying eggs has become financially complicated this year. Being in charge of a business during this time takes a team of people to be successful. Over the course of every entrepreneur’s lifetime, they hire the following: an accountant, an attorney, insurance agents (both personal and business),

Cybersecurity 69

Cybersecurity 69

Accounting Department

FEBRUARY 7, 2023

While accounting software has been around for decades, many businesses still rely on manual processes within their accounts payable (AP) operations. Using a high-level software system like NetSuite for business operations, like accounts payables, provides small to medium-sized businesses opportunities to save money, reduce risk, and increase efficiency throughout the full AP process.

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Abrigo

FEBRUARY 7, 2023

How construction administration units mitigate construction lending risk Construction lending involves unique risks and requires specialized processes. Could your institution benefit from forming a real estate and construction administration unit? You might also like this webinar, "How to manage a high-performing construction loan portfolio." WATCH Takeaway 1 The OCC recommends that construction lending risk be managed by specialized real estate and construction lenders who report to the credit

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Credit Risk Credit Unions Default Transactions 78

SAP Credit Management

FEBRUARY 7, 2023

SAP Data Unleashed is just around the corner, officially kicking off on March 8, 2023, at 8:00am PST. This free, one-hour, virtual data summit includes significant announcements, product demos, and a live two-hour Q&A following the event. Attendees will be the first to learn about the latest SAP advancements in data and analytics, hearing directly from some of the world’s best-run companies and technology providers.

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Prosper

FEBRUARY 10, 2023

For investors looking to diversify their portfolio, investing in peer-to-peer lending can provide an alternative investment that offers positive interest income over a shorter duration. At Prosper, we’ve helped people achieve financial wellbeing for nearly 20 years – and as an investor, you can become a part of this noble mission, too. Learn more about what it’s like to invest in real people through Prosper’s peer-to-peer lending marketplace and how you can get started, today.

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Medical Billing Credit and Collections Default 59

NorthOne

FEBRUARY 8, 2023

Motivated employees are more productive, higher achieving, and more in tune with company goals and business outcomes. However, with more employees working from home and an increase in hybrid work models, keeping your staff motivated is more challenging than ever. If you’re looking to build a highly motivated team in this evolving work environment, we’re here to help.

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Small Businesses 59