Credit Research Foundation

FEBRUARY 8, 2024

Opinions on the economy seem to be like the weather report – somewhat correct and somewhat missing the mark. What is true is that bankruptcies are up and there is more risk in the economy than we have seen in the past several years. CRF was fortunate to have Ryo Tashiro, Outreach Economist from the Philadelphia Federal Reserve, speak in our 2024 webinar series and provide clarity across the economic landscape.

Bankruptcy 195

Bankruptcy 195

Your Virtual Credit Manager

FEBRUARY 6, 2024

As a small business owner or executive, managing accounts receivable (AR) and navigating through various credit decisions is an integral part of the job. After all, credit and collections is essential to the performance of your order-to-cash (O2C) process and cash conversion cycle. From processing credit applications to negotiating payment plans, each AR activity you undertake requires thoughtful consideration.

Credit and Collections 130

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

Reorg Blog

FEBRUARY 9, 2024

The post Sorrento Shareholder Alleges Newly Uncovered Evidence ‘Proves’ Latham, Jackson Walker ‘Conspired’ to Fraudulently Fix Venue for Sorrento Ch. 11 Cases in SDTX appeared first on Reorg.

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Due

FEBRUARY 7, 2024

Financial institutions use artificial intelligence (AI) and machine learning (ML) models to reshape debt recovery. Although you probably haven’t noticed any changes yet — these technologies are already having a massive impact on the finance industry. Why AI and ML Are Essential for Debt Recovery Debt grows out of control as people’s priorities shift, interest rates hit historic highs, and the cost of living rises.

Credit and Collections 124

Credit and Collections Credit Scoring Bankruptcy 124

Abrigo

FEBRUARY 8, 2024

Romance scams are costly and cruel, and happening everyday. You may not be in the market for a relationship, but you can help protect others from falling for romance scams. You might also like this on-demand webinar explaining how fraudsters use checks to their advantage. WATCH Takeaway 1 Romance scams are one of the most common forms of fraud schemes seen in the U.S. , with reported losses of a staggering $1.3 billion.

Cybersecurity 88

Cybersecurity Transactions 88

Credit Management Group UK

FEBRUARY 5, 2024

When creating an invoice you should always try to include the items below. This will leave no un-answered questions and should ensure swift payment. Label the document as – Invoice Identify the document with the word ‘invoice’ this will differentiate it from any other correspondence like a credit note or receipt. Addresses Ensure your details are correct including your trading name and full businesses address.

Credit Management 92

Credit Management 92

Due

FEBRUARY 5, 2024

Your company is awash in data. In today’s digital age, business data comes from various sources, including customer interactions, sales figures, social media metrics, and operational statistics. E-commerce giants like Amazon track user behavior, purchase history, and browsing patterns to personalize recommendations and enhance user experience.

Credit and Collections 116

Credit and Collections 116

Abrigo

FEBRUARY 6, 2024

Develop an MBL program while mitigating risk Credit unions looking for alternate paths to growth in today's rising rate environment may be primed to leverage member business lending. You might also like this upcoming webinar, "Relationship banking: 7 Keys to extraordinary results." Register Takeaway 1 Credit unions developing or tightening up an existing MBL strategy should start by engaging the board of directors to outline goals.

Credit Unions 88

Credit Unions Credit Risk Small Businesses 88

blue dot counseling

FEBRUARY 7, 2024

The best accounting software in the world can't compensate for a bad accountant. The post The bookkeeping is complete, said the previous accountant, on his way out the door appeared first on Blue Dot Consulting.

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Accounting Department

FEBRUARY 8, 2024

Have you or your clients outgrown Quickbooks or a related solution? Need to streamline the process of handling operations? Stuck in an old system that is slowing down growth? Then this session is for you. Join Jennie Hoffman of AccountingDepartment.com and Chrissy Allard of goVirtualOffice as they take you through the signs that you have outgrown your current systems and tell the stories of businesses that have harnessed the power of an ERP.

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FEBRUARY 6, 2024

Millions of TikTok users were captivated by the 100- envelope money-saving. There’s a good reason for that. Americans have a median savings account balance of $1,200, according to a Motley Fool survey. Aside from that, median savings balances dropped from $4,500, and average savings balances are down from $35,366. Nevertheless, people can save a whopping $5,050 just by participating in this challenge.

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Abrigo

FEBRUARY 6, 2024

4 Reasons better check fraud prevention is a good investment Check fraud is on the rise. Learn how you can save time and money in the long run by updating check fraud prevention capabilities today. You might also like this on-demand webinar explaining how fraudsters use checks to their advantage. WATCH Takeaway 1 Check fraud prevention is critical, especially as this costly fraud typology continues to trend upward in financial institutions.

Credit Unions 88

Credit Unions Transactions 88

blue dot counseling

FEBRUARY 6, 2024

The big issue was the relationship between dividends, Maggie's director's account and the money she draws from the company. The post I’ve got a much better view of what the * is going on in my company appeared first on Blue Dot Consulting.

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Accounting Department

FEBRUARY 9, 2024

We are thrilled to announce that Episode 12 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

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Due

FEBRUARY 9, 2024

The S&P 500, a benchmark index representing the stock performance of 500 large companies listed on U.S. stock exchanges , is currently trading at unprecedented highs. This surge in value might lead some investors to question whether now is the right time to invest in stocks. However, this assumption may not be entirely accurate, and a deeper understanding of the market dynamics is required.

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Abrigo

FEBRUARY 9, 2024

ANPR to Address Residential Real Estate Money Laundering FinCEN is focusing on residential real estate money laundering. Here is what you need to know. You might also like this on-demand webinar, "AML/CFT hot topics for 2024: What to expect for financial crime." WATCH NOW 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.

Cybersecurity 78

Cybersecurity Transactions 78

Reorg Blog

FEBRUARY 6, 2024

Bond investors in French IT group Atos are concerned about being primed as the company progresses in debt talks with its lenders. Atos is urgently working to execute a business split accompanied by an equity raise as it has imminent debt maturities in 2024 and 2025. Some elements of Atos’ negotiations echo recent restructuring events in France, including French care home operator Orpea and French food retailer Casino.

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Inc. Authority

FEBRUARY 9, 2024

In the fiercely competitive world of startups, content marketing is a powerful tool that enables your business to resonate with leads and consumers, increase conversions, and build brand loyalty. So what is content marketing? It’s the creation and sharing of … Continue reading → The post Content Marketing: Why it’s Worth Your Time and How to Get Started appeared first on Inc Authority.

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FEBRUARY 5, 2024

The unraveling of Silicon Valley Bank and the looming threat to regional banks In the recent past, the banking industry has been subjected to intense scrutiny, with regional banks bearing the brunt of the pressure. Last year, Silicon Valley Bank, a notable regional bank, encountered a significant crisis that led to its downfall. Currently, another regional bank, New York Community Bank, is teetering on the brink of a similar fate.

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Abrigo

FEBRUARY 8, 2024

Client fraud education to prevent banking losses Financial institutions play a crucial role in safeguarding customers and members from fraud. Fraud education is key. You might also like this infographic: 5 Fraud typologies impacting you and your customers or members. DOWNLOAD Takeaway 1 U.S. consumers lost billions of dollars due to fraud during 2023.

Credit Unions 78

Credit Unions Transactions Small Businesses Cybersecurity 78

Reorg Blog

FEBRUARY 5, 2024

Excluding its listed subsidiaries, Lai Sun Development Company Limited pro forma unrestricted cash of HKD 651 mn, after adjusting for amounts to be repaid after refinancing the Ocean Park Marriott bank loan facility, appears tight.

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biz2credit

FEBRUARY 9, 2024

Disclaimer: The information in this article is provided for general information only and does not constitute tax advice. In this article: Understanding Modified Accrual Accounting How Does Modified Accrual Accounting Work? Key Features of Modified Accrual Accounting How Modified Accrual Accounting Can Benefit Small Businesses Bookkeeping methods have come a long way since double-entry accounting … Continue reading "Modified Accrual Accounting for Small Businesses" The post Modified Accrual

Small Businesses 52

Small Businesses 52

Inc. Authority

FEBRUARY 9, 2024

How responsive is your business? As a busy entrepreneur, it’s easy to let calls slip through to voicemail and messages remain unanswered. Thing is, 66% of consumers expect a response within minutes. In today’s fast-paced business landscape, few people will … Continue reading → The post 66% of Customers Expect a Prompt Response: What Happens When They Don’t Get It?

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Small Businesses 52

Enterprise Recovery

FEBRUARY 8, 2024

Accounts receivable is an essential aspect of any business's financial management. It refers to outstanding payments owed to your company for goods or services provided on credit or with an agreement that payment is owed. By allowing your business clients to defer payment, your company can attract more clients and increase sales. Managing A/R effectively , however, is crucial to maintain a healthy cash flow.

Debt Collections 52

Debt Collections 52

Reorg Blog

FEBRUARY 5, 2024

New World Development Co. Ltd. is offering for sale eight shops in Tsim Sha Tsui district of Hong Kong, with total asset value of approximately HKD 415.4 million.

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StackSource

FEBRUARY 8, 2024

CEO Tim Milazzo and Director of Capital Markets Huber Bongolan recently went live to talk through the current state of the capital markets, providing a comprehensive February recap, and explaining why and how spring is in sight for the industry.

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Due

FEBRUARY 9, 2024

The global demographic landscape is undergoing a profound transformation. As life expectancies extend and birth rates decline in many parts of the world, the proportion of the elderly population is increasing at an unprecedented rate. This shift has created the “Silver Economy” — a new area of economic growth linked to the needs and activities of aging populations.

Credit Scoring 52

Credit Scoring 52

Chaser

FEBRUARY 9, 2024

In the bustling world of freelancers, small business owners, startups, and established businesses, time is a precious commodity. Billing clients should not add to your workload; it should be simple, fast, and professional. This is where an effective invoice template becomes your silent ally. Knowing why a good invoice is key to your business practice and understanding what to include in it are essential steps toward getting paid promptly and maintaining a stellar reputation with your clients.

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Small Businesses 52

Reorg Blog

FEBRUARY 5, 2024

China South City has remitted funds to repay the 4% principal of amortization under its outstanding $235 million USD notes originally due July 2024.

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Credibly

FEBRUARY 8, 2024

Table of Contents Targeted help for specific business owners Resources to build and fund your business Online business resources for entrepreneurs Have the tools you need? Curious about financing?  For entrepreneurs and small business owners, the journey to success is paved with challenges and opportunities. Central to this journey is the ability to access crucial resources for small business, particularly in the realms of funding, support, and education.

Small Businesses 52

Small Businesses 52