Sat.Jul 27, 2024 - Fri.Aug 02, 2024

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How to Infuse Enthusiasm in Organizational Change

RevCycle

Change is a constant force in today’s business landscape. New technologies emerge at breakneck speed, customer expectations evolve, and market forces constantly shift. While some employees thrive on constant evolution, change can also be disruptive and demotivating for others. As a leader, it falls on you to navigate this transition and keep your team engaged and enthusiastic.

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Cascade Receivables Management, LLC Selected as One of the Best Places to Work in Collections

RMAi Blog

PETALUMA, CA — Cascade Receivables Management, LLC, part of the Cascade365 Family of Companies (“Cascade”), is proud to announce that it was recently selected as one of the 2024 Best Places to Work in Collections by ACA International and the Best Companies Group. This survey program is administered by Best Companies Group, a division of BridgeTower Media, which conducts over 60 local, national, and industry “Best Places” programs each year.

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Resolving Disputes and Payment Deductions Quickly Preserves Profits

Your Virtual Credit Manager

Disputes and payment deductions can raise havoc with your revenue, profit and cash flow. They sap your revenue, one small drip at a time. Over time it can become “death by a thousand cuts” and cause significant profit dilution. When selling products or services you expend the full cost of production, then bill at the full price. With disputes and deductions, however, you are being asked to accept less money than you billed, not to mention any resolution costs involved trying to recov

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TreviPay’s Joel Campbell Named ‘CFO of the Year’ by Kansas City Business Journal

TreviPay

For the second time, Joel Campbell, Chief Financial Officer of TreviPay, has been awarded CFO of the Year for outstanding performance across the Kansas City region OVERLAND PARK, Kan., August 1, 2024 — TreviPay Chief Financial Officer Joel Campbell has been named as the 2024 CFO of the Year by the Kansas City Business Journal. The annual CFO of the Year award program recognizes financial professionals in the Kansas City region for outstanding performance in their roles as corporate financial ste

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4 Things Great Companies Do to Improve Cash Flow

Speaker: Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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Get to “Know” Jordan

Know-It Global

We are excited to announce the appointment of Jordan Renwick as our Group Chief Technical Officer. We sat down with Jordan for a quick chat to learn more about him and why he wanted to be a #knowitall Welcome to Know-it! Tell us a bit about yourself Sure, I’m a local, born and raised just outside Glasgow. I’ve spent the last decade in and around technology working for a bunch of companies along the way.

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Upcoming Webinar: "Strategic Collections"

Your Virtual Credit Manager

Tuesday, August 6, 2024 1:30 PM Eastern Daylight Time (EDT) Learn More & Register Special offer for readers of Your Virtual Credit Manager: This session will discuss how to optimize cash flow and working capital for your enterprise by applying the best collection strategy to each customer. You will learn how to recognize the weaknesses and pitfalls in your current collection process so you can then take steps to strategically collect more overdue funds faster.

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How Listening Fuels Business Growth: The Impact of TreviPay’s Brand Promise Interviews 

TreviPay

In the rapidly evolving world of B2B commerce, TreviPay is dedicated to helping businesses grow. Central to this mission is the brand promise interview, a crucial step in understanding our clients and adapting our services to meet their shifting needs. Integrating this process into our customer care strategy and fostering cross-team collaboration ensures a comprehensive understanding of the buyer’s journey.

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Differences in Handling Consumer Debt vs. Business Debt

Enterprise Recovery

Consumer and business debt are two distinct types of debt that are handled quite differently. Consumer debt is the debt individuals incur for personal expenses, such as credit card debt, student loans, or mortgages. Business debt, however, refers to the debt incurred by businesses or organizations for various purposes, such as operational expenses, investment in assets, or expansion.

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The Hidden Costs of Cheap Accounting Services

Accounting Department

Running a business is no small feat, and managing finances can be one of its most challenging aspects. It’s no wonder many business owners are lured by the promise of cheap accounting services. If you think you're saving money with these budget options, think again. This post will uncover the hidden costs that could be undermining your business and explain why investing in quality accounting is crucial for long-term success.

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Benchmarking ROI with Forrester: Measuring the Success of Finance Transformation

Finance Transformation Myths Busted Over 75% of organizations struggle to define the right success metrics to benchmark the impact of their finance transformation investment. Whether you are just initiating your digital transformation journey or planning to pitch your next AI project to leadership, without the right metrics and a rigorous tracking process - all your efforts might go to waste!

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Applying for a small business loan? Your guide to qualifications: Credit scores, down payments, and more

Credibly

Table of Contents Small business loans vs. small business financing: What’s the difference? Going beyond the basic eligibility qualifications for a small business loan Evaluating your small business credit score for a small business loan Collateral and guarantees required for small business loans Why do some lenders require down payments for small business loans?

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Positive Momentum in Corporate Health Has Throttled Back

Loomis Sayles Credit Research

Our latest analysis of corporate health highlights a modest divergence between the positive momentum of S&P 500 Index earnings expectations and the slightly more cautious views from our team of credit analysts. Forward earnings estimates, which typically come down in the first six months of the calendar year, have held up surprisingly well for full-year 2024 and 2025 due largely to strong broad-based economic activity.

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Real estate investors plead guilty in $119m mortgage fraud case

Due

Three real estate investors have pleaded guilty to their part in a $119 million mortgage fraud case. Two New York and one New Jersey resident were complicit in a property scheme that involved two multi-million dollar loans, one with Fannie Mae. Fredrick Schulman, Moshe “Mark” Silber, and Chaim “Eli” Puretz were all part of the fraudulent activity that led to the guilty pleas in the District of New Jersey this week.

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Credit Management Support Service

Credit Management Group UK

Get Help and Support at a manageable cost. We have recently relaunched our popular Credit Management Support Service to include more of the services you need. Our experience will enable you to have the best of both worlds. We provide a service that incorporates the efficiency and professionalism of a large corporation, along with the personal service and friendly support of a smaller organisation.

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CVC Taps Banks, Direct Lenders to Raise About €6B Financing to Back DB Schenker Bid Due Aug. 22; Lenders Scrutinize Guarantee, Performance Lines

Reorg Blog

The post CVC Taps Banks, Direct Lenders to Raise About €6B Financing to Back DB Schenker Bid Due Aug. 22; Lenders Scrutinize Guarantee, Performance Lines appeared first on Reorg.

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Shop Owners’ Tips: Using BigCommerce Automated Orders Effectively

Grit

As eCommerce continues to evolve, shop owners are constantly seeking ways to streamline their operations and enhance customer satisfaction. One powerful tool at their disposal is BigCommerce automated orders. This blog will explore what BigCommerce automated orders are, their advantages, how to set them up, best practices for using them effectively, and how Atom8 can be a valuable solution.

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UCC Filing and What it Means for Your Small Business

Lendio

Even though the acronym UCC sounds like a college of some sort, it stands for the Uniform Commercial Code (UCC). And rather than hand out diplomas, the UCC was developed to regulate how commercial transactions operate. OK—But what’s a UCC filing? UCC filings are how lenders establish their right to the assets you, the borrower, use to secure a loan.

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Empowering Senior Care Businesses Through SBA Loans

FNB Small Business

Senior care businesses play a crucial role in supporting communities across the country. To maintain this standard of care, it’s important to consider your business growth strategy and long-term financing needs. At FNB Small Business Finance, we support senior care businesses through flexible SBA lending solutions that ensure success.

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How Much of a Home Loan Can I Get With a 650 Credit Score?

CreditStrong for Business

Besides your credit score, the primary factors that influence the size of a home loan you can get are your income and other debts. The more you make and the less you owe, the bigger your potential mortgage. Without knowing your income, down payment amount, and debt-to-income ratio, it’s impossible to know how much of a home loan you can get with a 650 credit score.

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Jackson Walker Miscellaneous Fee Matters Proceeding Transferred to Western District of Texas

Reorg Blog

Chief Judge Randy Crane of the Southern District of Texas (Houston Division) entered an order transferring the Jackson Walker miscellaneous fee matters proceeding from the SDTX to Chief Judge Alia Moses in the WDTX.

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Strategic Liquidity Management: How CFOs Navigate Payment Delays and Cost Control

Collenda

Cash Flow-optimierung Strategic Liquidity Management: How CFOs Navigate Payment Delays and Cost Control In a world fraught with financial uncertainties, finance departments face the dual challenge of securing liquidity and controlling costs. Shari Spadola, Account Executive at Aryza, engages daily with CFOs and finance leaders about their current challenges.

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Nebraska revising gambling laws for potential million dollar tax breaks

Due

Nebraska’s gambling legislature is being discussed as a possible relaxation of the rules could result in million-dollar tax breaks. The special session was led by Governor Jim Pillen, who has been a leading voice in the topical arena of state gambling laws. He is, alongside other colleagues, aiming to take the burden of heavy property tax off the residents of the Cornhusker state and in place loosen gambling restrictions to ease the strain on the taxpayer.

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How to Get a Business Loan from a Bank

CreditStrong for Business

When your small business needs to borrow money, one of the first places you might turn to is a financial institution. Getting a business loan from a bank can be a wise choice. These loans often feature attractive interest rates with the potential to save you money. On the other hand, getting a business term loan or an SBA loan from a bank might not be the easiest undertaking.

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Court Says Celsius ‘Hid the Ball’ on Limiting Timely Crypto Distributions

Reorg Blog

At a hearing on the Faller creditors’ motion for further plan distributions, Judge Martin Glenn said that he believes the Celsius debtors breached the confirmed plan and “hid the ball” by failing to disclose limits on distributions to corporate creditors.

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How to deal with errors in your credit management process | Chaser

Chaser

Effective credit management is crucial to maintaining cash flow and ensuring operational stability. This means having a firm grip on how much you borrow, how you repay debt, and how you maintain your credit score.

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Deciphering inflation’s return to target

Due

Inflation, the rate at which the general level of prices for goods and services is rising, is a critical economic indicator. The Federal Reserve has set a long-term goal of 2% inflation to maintain price stability and maximum sustainable employment. Federal Reserve Chairman Jerome Powell recently expressed increased confidence that inflation is headed back to this 2% target.

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Tips to Find Your Perfect Automated Promotion Calendar System

Grit

If you are tired of juggling multiple marketing channels and struggling to keep your promotions organized, an automated promotion calendars system could be the solution you’ve been looking for. Whether you are a small business owner or a marketing professional, the right automated calendar can transform your approach to promotions and help you stay ahead of the competition.

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Pro-Gest Replaces Legal Advisors Molinari Agostinelli With Chiomenti After New CRO Appointment

Reorg Blog

Reporting: Luca Rossi, Chiara Elisei Relevant Documents: €250M SUNs Due 2024 - OM Reorg Asset Sale Analysis Pro-Gest and its newly appointed Chief Restructuring Officer Angelo Rodolfi have replaced the company’s legal advisor Molinari Agostinelli with Chiomenti, sources familiar with

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LSQ Creates $3MM Invoice Finance Facility for IT Staffing Firm

lsq

ORLANDO, Fla. (July 30, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently originated a $3 million accounts receivable credit facility for an IT staffing firm The company was referred to LSQ by a banking partner that was unable to support funding facility increases. As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management.

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Understanding bonds in modern investing

Due

Many investment options are available to investors using bonds in modern investing. Bonds have emerged as a popular choice, with a staggering 90% of flows into mutual funds and Exchange-Traded Funds (ETFs) this year being directed towards bond funds, according to a report by The Wall Street Journal. This translates to a whopping $150 billion. This trend indicates a broader understanding and appreciation of the role of bonds in an investment portfolio , particularly among young, savvy investors.

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