Sat.Oct 01, 2022 - Fri.Oct 07, 2022

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Red Flags a Private Firm Is in Distress

Your Virtual Credit Manager

Photo by Ben Cliff on Unsplash A key objective of Accounts Receivable (AR) management is minimizing past due AR to ensure cash in-flows and minimize bad debt losses. Delinquent payments from customers create cash flow shortages, a need to borrow funds and pay interest (at increasing interest rates), and a significant work requirement to accelerate the la… Read more.

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Understanding construction loan administration

Abrigo

Automation of the construction loan administration process Software automation allows for standardization of this specialized loan administration process and drives efficiency. You might also like this webinar, "How to manage a high-performing construction loan portfolio." WATCH. Takeaway 1 Standardizing the construction loan administration process is a key step in having a consistently successful lending process and minimizing risk.

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Inspire Your Startup Employees to Stay Engaged

Enterprise Recovery

Growing a new company isn't for the faint at heart. Employees must be passionate, willing to go the extra mile, and work long hours as part of a cycle of endless expectations. With so many American employees complaining of burnout and " quiet quitting ," startups are facing the same struggles as enterprise companies. Use these tips to inspire your startup employees to stay engaged.

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Cyber Security Checklist for Small Businesses

Inc. Authority

In 1990, the first Web page was posted online by Sir Tim Berners-Lee, a British computer scientist. A little more than 30 years later, we are facing a major security crisis in the form of cyber threats. And these threats … Continue reading → The post Cyber Security Checklist for Small Businesses appeared first on Inc Authority.

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How to Find the Best Trade Credit Solution for Your Business | Apruve

apruve

Technology is revolutionizing business payments and trade credit management. If you’re a large business looking for better ways to manage trade credit , you might be wondering: How does trade credit work today? As companies strive to improve cash efficiency, they are embracing digital processing and automation, especially in the B2B space. Fintech innovation makes it possible to automate all aspects of the trade credit process.

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Growth in a rising-rate environment: 4 moves for bankers

Abrigo

Financial institutions must plan to take advantage of rising rates. Several factors make this rising-rate environment different, so strong asset/liability management is critical for increased earnings. You might also like this checklist, "6 Reasons to update your core deposit analysis." DOWNLOAD . Takeaway 1 Banks and credit unions can increase earnings in a rising-rate environment with careful asset/liability management.

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How to streamline accounts receivable and remote work teams

billtrust

Blog Post. Blog Post. How to streamline accounts receivable and remote work teams. Share with your network: Mail. LinkedIn. Facebook. Twitter. What you’ll learn. Which are the key activities of remote AR departments? What are the five most frequent mistakes made by remote AR staff? Pros and cons of handling accounts receivable remotely How do you streamline accounts receivable & remote work?

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Using Business Invoice Factoring to Fund Your Growth

Eagle Business Credit

Many business owners are seeking working capital to fuel their expansion. Access to working capital is historically one of the major hurdles entrepreneurs face in growing their business. Online and alternative funding methods have helped close the funding gap, but not all entrepreneurs have heard of business invoice factoring. As a business owner, you need to focus on the financial health of your business.

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TMC Financing Remains the Nation’s #1 SBA 504 Commercial Real Estate Lender

TMC Financing

TMC Financing is proud to announce that we finished fiscal year 2022 as the #1 SBA 504 lender in the nation based on the number of SBA 504 loans approved. The post TMC Financing Remains the Nation’s #1 SBA 504 Commercial Real Estate Lender appeared first on TMC Financing.

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Celebrate Service 2022: How to Show Appreciation for Your Customer Service Team This Week & Beyond

The Esker Blog

Beautiful business people in headsets are using computers and smiling while working in office. Some things are appropriate to celebrate for just a day … but when it comes to recognizing the heroes out on the frontlines of customer service, well, they deserve a whole week of praise. Why honor customer service professionals? If you’ve ever worked in customer service, that question might seem rhetorical.

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Building an AR disaster recovery plan for the cloud era

billtrust

Blog Post. Blog Post. Building an AR disaster recovery plan for the cloud era. Share with your network: Mail. LinkedIn. Facebook. Twitter. What you’ll learn. What is a disaster management cycle? What are the seven tiers of disaster recovery Why are cloud disaster recovery & AR automation important? The difference between a DRP and a BCP How do you create a cloud-based AR disaster recovery plan?

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Microsoft Dynamics BC Myth Busters

dynavistics

We are receiving questions from our clients and others about Dynamics 365 BC and Dynamics GP. Many of those questions are prompted based on marketing materials from Microsoft and others. This article attempts to counter some of the marketing myths out there. Let me start by stating I am not a BC denier. I stipulate that: Microsoft is focused on its cloud-based subscription ERP products and will spend more money developing and marketing these applications than their on-premises perpetual licensed

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Stop Wasting Money on Subscriptions: Here’s How to Cancel Subscriptions You Forgot About

Credit Absolute

To give you an idea of how you could forget your subscriptions consider this study. The survey of 2,500 participants found that on average, Americans spend about $237 monthly on subscription services. The amount is quite high but it’s the number of people who weren’t aware of their spending that was alarming: 2100 of the […]. The post Stop Wasting Money on Subscriptions: Here’s How to Cancel Subscriptions You Forgot About appeared first on Credit Absolute.

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Should You Offer Credit Terms to Your Customers?

Eagle Business Credit

In an ideal world, you would collect payment for your goods or services immediately from your customer. Granting credit to your customer means you must wait before you have cash in your hand that you can use to make more sales. It also means that you can stay competitive. Other companies in your industry may offer credit terms to their customers, so it may be beneficial for you to do the same.

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National Cybersecurity Awareness Month: Is Your Business Secure?

Wellen Business Credit

How Can Small Business Owners Keep Their Finances More Secure. October is National Cyber Security Awareness Month. Cyberattacks are expected to double by 2025, yet 60% of businesses have no cybersecurity policy in place. Cyber Security is a major concern for small businesses in particular, as they often have limited budgets and personnel. This leaves them more vulnerable to attacks.

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Collections outsourcing: Key benefits & considerations

Hilton Baird

The benefits, reasons and key considerations to help you decide if collections outsourcing is right for your business. The post Collections outsourcing: Key benefits & considerations appeared first on Hilton-Baird Collection Services.

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What are Continuous Transaction Controls (CTC) and Their Role in Tax Compliance?

The Corcentric Blog

Continuous transaction controls are seen by some tax authorities as a more accurate and timely way to gain insight into transactions that are liable for taxation.

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What to Know About Automated Business Loan Document Management Software

Biz2X

Document processing is a challenge for many financial institutions. They’re always looking for solutions that take some of the complexity and errors out of the loan origination process. Automated business loan document management software (DMS) does just that. This convenient solution not only provides crucial tools for streamlined collaboration with customers but also digitizes, organizes, secures, and offers quick access to the files and documents you need to better manage the entire loan appr

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The SSI Group, LLC (SSI) Announces Launch of Automated End-to-End Prior Authorization Solution

SSI Healthcare Rev Cycle Solutions

The SSI Group, LLC (SSI) Announces Launch of Automated End-to-End Prior Authorization Solution. SSI Prior Authorization powered by Myndshft is a turnkey, frictionless solution that helps healthcare providers streamline the prior authorization process. October 4, 2022 (Mobile, AL) — The SSI Group, LLC (SSI), a leading provider of revenue cycle management (RCM) solutions, today announced the launch of a turnkey, end-to-end electronic prior authorization solution for healthcare providers th

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7 Fun Halloween Costume Ideas for Accounting Professionals

Lockstep

As we all know, Halloween is just around the corner! And what better way to celebrate than by dressing up in a fun accounting-themed costume? In this blog post, we will cover seven of the best accounting-themed costumes for Halloween 2022. So, whether you’re looking for a last-minute costume or you’re just looking for some inspiration, below are some great ideas!

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