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Most businesses put up with customers that are chronic slow payers. Many of these customers pay late, but not seriously late, and the amounts involved do not create an exposure problem. There will always be a few customers, however, who consistently delay and end up paying large balances substantially beyond terms. Despite what these customers may tell you, the reason for their payment behavior is a lack of financial resources.
A good day to you and welcome to another round of ‘What’s New in the Feature Showcase App’! *audience applause* My name is Jessie and I am your host today from the ABAP Platform. If you are new onto the scene, read this blog post to find out what exactly this feature showcase app is. And without further ado, let’s dive right into the plethora of features that are available in conjunction with the newest release of SAP BTP, ABAP Environment (aka Steampunk) Release 2308.
China’s recent accumulation of oil reserves has captured global attention and sparked speculation about its intentions. Is China capitalizing on low oil prices, or is it preparing for a potential invasion of Taiwan? In this article, we delve into both possibilities and their implications while providing guidance for investors navigating this uncertain terrain.
I am delighted to share that Sonia Dorais, Chaser's CEO, won the Innovator of the Year award at the Women in Credit Awards 2023. The awards were held at The Brewery in London on September 20th, 2023.
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
As a growing business, it's essential to monitor and track various key performance indicators (KPIs). This is crucial in assessing the performance of your business, determining the areas that need improvement, and making informed decisions.
Motivation Navies around the world aim at developing methodologies to better understand vessel behavior in the maritime domain in order to be effective in their operations. The first step for this understanding is the ability to track the vessel in real time. Vessels are tracked via satellite navigation system operating as part of a radionavigation-satellite service, e,g, GPS, Glonass, automatic identification systems (AIS), radar systems, and other sensor tools.
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Motivation Navies around the world aim at developing methodologies to better understand vessel behavior in the maritime domain in order to be effective in their operations. The first step for this understanding is the ability to track the vessel in real time. Vessels are tracked via satellite navigation system operating as part of a radionavigation-satellite service, e,g, GPS, Glonass, automatic identification systems (AIS), radar systems, and other sensor tools.
Traditionally, retirement has been viewed as a time for relaxing, enjoying the fruits of your labor, and taking a break from work. It is likely, however, that retirement will look very different in the future. Here, we will analyze some of the trends shaping retirement’s future. In addition, we will offer some predictions about the future of retirement. 1.
In a world where gender equality is a constant topic of discussion, it’s essential that we do our part to uplift and support women in business. Women entrepreneurs bring a unique perspective and innovative ideas to the table, and supporting them isn’t merely a moral imperative—it’s a strategic one. There are many ways we can make a difference, from investing in women-owned businesses to mentoring aspiring female entrepreneurs.
In today's fast-paced business environment, maximizing efficiency is key to staying competitive and achieving sustainable growth. One area where businesses can significantly streamline their operations is within their accounting department. By outsourcing these functions to client accounting service experts, organizations can focus on their core activities while benefiting from enhanced accuracy, improved financial processes, and valuable time savings.
Devtoberfest 2023 kicked off today, with a wealth of live sessions. Read on to find out why I think Devtoberfest is a great way for developers to get themselves ready for SAP TechEd. The Developer Advocates at SAP have been busy over the past few weeks putting together the content for our now much anticipated annual event – Devtoberfest. If you don’t know what Devtoberfest is, let me explain: it’s a month long open celebration of what makes us developers: coding and collabor
Having an effective credit control function within your business can have a huge impact on your cash flow. Your credit control should use the most appropriate processes and procedures for yours and your customer’s business to ensure you are paid quickly and on time, as well as maintaining positive business relationships. What indicates effective credit control?
The IRS announced an immediate moratorium on processing new Employee Retention Credit (ERC) claims on September 14, 2023. The moratorium will last through at least the end of the year in an effort to protect small business owners and taxpayers from scams and fraudulent claims. As a small business owner, you may be wondering what this moratorium means for you and your business.
Although the fallout from the various large bank failures earlier this year seem to largely be behind us, the banking industry is continuing to struggle from a wide variety of stresses that do not seem likely to disappear anytime soon, including the following: Shrinking Deposit Balances – not a day goes by where there is not news of shrinking consumer deposit balances, which is impacting all Banks.
SAP Cloud Integration (aka CPI) allows to call an integration flow via HTTP request from an external system (HTTP Sender adapter). The iFlow endpoints are protected with OAuth, however, however, CPI supports Basic Authentication as well. In this blog post, we learn how to set up a scenario where users from an external Identity Provider, like Microsoft Azure Acticve Directory, should be able to call an iFlow with their own user credentials.
Rancho Santa Margarita, CA – South County Plumbing, Inc., a family-owned business renowned for service, repair, and new-construction plumbing, recently acquired a 5,270-square-foot facility through the Small Business Administration’s (SBA). The post Taking the Plunge: How South County Plumbing Transformed Their Business with an SBA 504 Loan appeared first on TMC Financing.
Starting a business is hard. Being a female business owner can be even harder. Pay gaps, gender bias, and sexual harassment are just a few of the unique challenges women in business might face. Pair that with high business failure rates plus challenges getting new business loans , and it’s easy to see why taking the risk might not feel worth it. But being a woman in a man’s world can actually make all the difference.
Internet bank fraud is here to stay; learn how to detect and stop it. Every type of fraud has something unique it leverages to dupe unsuspecting citizens. Learn what is different about internet bank fraud. Would you like other articles like this in your inbox? Takeaway 1 It is important to monitor fraud effectively and consistently. Takeaway 2 Stay informed of trends in mobile fraud as well as internet bank fraud.
Background As generative AI recently took the world by storm, there is lot of discussion on how we can create private large language models for enterprise use to meet regulatory, compliance and legal requirements. According to Gartner reports , Generative AI has already been used to design drugs for various uses within months, offering pharma significant opportunities to reduce both the costs and timeline of drug discovery.
For the first time since before the global financial crisis, European banks appear to be in a stronger position than US banks. Moody’s Ratings recently downgraded several regional US banks, citing funding cost pressures, capital weakness and a deteriorating outlook for credit quality, including commercial real estate (CRE). We have long shared the same concerns about smaller US banks, and in our view, the downgrade adds to the contrast between US banks and their overseas counterparts.
Tele Columbus’ debt rallied a few points last week on the back of a Bloomberg report that shareholders could inject in the region of €300 million equity into the company as part of an expected amend-and-extend proposal. However, the shareholders will not provide the new money as straight equity without any concessions beyond a simple maturity extension in return and will seek some form of burden-sharing from creditors given the group’s multiyear capital expenditure requirements to fund its fiber
Insights into budgeting for BSA/AML and fraud software. Take a moment to consider your best-case scenario budget, and what steps bring you closer to what you need. Would you like other articles like this in your inbox? Takeaway 1 It is never too early to plan. Make time to budget for the department you want, not the department you have. Takeaway 2 Take the time to analyze your needs thoroughly.
Since launching ABAP on Exercism , 10000+ students have signed up for the ABAP track, and 215000+ exercises have been submitted. Exercism is a free learning platform, helping you try different programming languages. Its single click sign up and free, no need to install anything. Since the initial launch of the ABAP track, more exercises have been added, and lots of fixes done to the runtime.
Conquer your fear of missing out (FOMO) and don't surround your business with technology it doesn't need. The post Accounting apps – less is more appeared first on Blue Dot Consulting.
A complex portfolio filled with high fees can make investing overwhelming, but it can also grow your wealth over time. By simplifying your investment strategy, however, you can achieve better results, reduce stress, and save money. Here, we’ll examine 26 investment strategies that can streamline your portfolio. and reduce fees. 1. Determine clear and attainable investment goals.
Understanding tax ID fraud FinCrime professionals looking to prevent tax ID fraud, first need to understand the fundamentals of what is happening and their best recourse for prevention. Would you like other articles like this in your inbox? Takeaway 1 Fraudsters file illegitimate tax returns early, hoping people wait to submit their legitimate ones.
The SAP Community is literally flooding now with AI and Generative AI-related blogs. Organizations started to adopt ChatGPT for several generative or automation tasks. Content – Suggestions, Rectification, Generation Code – Suggestions, Rectification, Generation JSON~XML Conversions and API Integrations Data analysis with ChatGPT & more….
The post New Coverage: Surgery Partners’ Acquisitions, Leverage Present Risk, but Investors Adequately Compensated by S+375 Term Loan Maturing 2026 appeared first on Reorg.
It’s easier than ever to spend money today. You can get caught up in the spending vortex with online shopping, subscription services, and shiny gadgets. If you want to get rich, you must understand the modern money traps that can sabotage your plans. Let’s take retail stores for example. Whenever people go into one of these stores, they can spend 30 minutes to over an hour there.
How financial institutions can prevent losses from 1st-party fraud Learn strong approaches to identifying, preventing, and detecting 1st-party fraud that will keep your AML program on top of fraud trends. Join Abrigo for a webinar discussing risk assessments' role in compliance. register now Takeaway 1 1st-party fraud is especially disheartening because it is an inside job and indicates that KYC has been ineffective Takeaway 2 KYC procedures during onboarding and throughout the client relation
It’s all the hype now and many customers are asking us – what is SAP Enable Now doing with Artificial Intelligence (AI)? Most digital adoption solutions and content creation tools are heading in the same direction of implementing gen AI to reduce authoring efforts, increase content acceptance, and improve content accessibility. We are already in the process of making all of this happen for SAP Enable Now.
The stock market landscape is an ever-changing terrain where investors constantly keep a critical eye on the actions of the Federal Reserve and their implications on interest rates. One specific instance that stirred the stock market was when the Federal Reserve did not directly raise interest rates but took an unexpected turn that led to price fluctuations.
Understanding AML compliance and regulatory expectations. AML compliance is not for the faint of heart. Understanding and dedication are necessary for success. Here are a few tips to help along the way. Would you like other articles like this in your inbox? Takeaway 1 Understand the risks associated with your customers beyond the surface level. Takeaway 2 Identify concentrations of risk and try to level out potential clusters.
Purpose and summary of the blog This blog explains how to convert hierarchy to Attribute. Hierarchy is Set Hierarchy or hierarchy created with “ Manage Global Hierarchies ” in S/4HANA. Any hierarchies are the target, e.g. Profit Center / Profit Center Group, Company, etc. By converting hierarchy nodes to attribute, much more flexible operation in analytical app is possible, e.g. drill-down path does not have to be predefined but can be changed flexibly.
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