Credit Research Foundation
JUNE 6, 2024
I recently sat in on the CRF educational webinar “How to Implement a Digital Credit Application” and found myself intrigued by the candid response to one of the top productivity opportunities in the B2B credit space. The speaker was Bill James from Creditsafe ( CRF Platinum Partners ), who spoke about an agnostic approach to delivering value in today’s digital world.
Your Virtual Credit Manager
JUNE 4, 2024
Successful collections require the coordination of a variety of activities: timely and accurate invoices and payment posting, monthly statements, email reminders and other dunning notices as well as telephone calls. Of all these items, making the necessary phone calls generates the greatest value in respect to recovering past due invoices. Photo by David Hahn on Unsplash While all these things can be very effective in the soliciting of payments for a large proportion of your receivables, especia
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biz2credit
JUNE 6, 2024
Business funding is a critical aspect of every business’s lifecycle, evolving significantly as a company grows. From the initial idea to scaling operations, understanding the different funding stages and appropriate financing options available can help ensure sustained growth and success. This guide will walk you through the various startup funding stages and explore financing options … Continue reading "How Funding Can Differ at Various Stages of Your Business" The post How Funding Can Di
Abrigo
JUNE 4, 2024
Navigating credit quality, compliance, and technology integration The ThinkBIG conference hosted by Abrigo fosters networking and professional development for bankers. Read some hot topics discussed by the conference's opening panel. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for risk management and compliance.
Due
JUNE 6, 2024
A federal administrative law judge has unequivocally upheld the Department of Labor’s (DOL) unwavering support for a truck drivers’ rights. The Occupational Safety and Health Administration (OSHA) of the DOL found that a Crane Masters Inc. employee was fired unlawfully. Truck driver’s rights upheld by the DOL The employee had flagged to Cran Masters Inc. that, legally, he could not perform any more work for the company without time off.
Lendio
JUNE 3, 2024
Starting a business is an exhilarating endeavor, but building a solid, loyal customer base is a crucial endeavor that can often feel like scaling a mountain—exciting yet daunting. From the early days of the business to years after a business’s birth, it’s essential to continue growing and retaining a customer base to survive. Navigating the landscape of building and retaining a customer base requires a blend of intuition, strategy, and sometimes, a bit of luck.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
Accounting Department
JUNE 6, 2024
In today's tumultuous economic climate, the importance of sound financial strategy cannot be overstated—especially for small and medium-sized businesses that might not have the buffer of large corporations. Financial Planning & Analysis (FP&A) isn't just a set of buzzwords; it's a compass for navigating the murky waters of modern economics. As we approach the second half of 2024, now is the time for businesses to fortify their financial plans.
Due
JUNE 6, 2024
Tomorrow is a big day for the stock market and the overall economic outlook. Bright and early at 8:30 am, the initial jobless claims for the month of May will be released. This data is a critical barometer of the direction our labor market is heading and the potential actions the Federal Reserve might take. The consensus is for jobless claims to be at 190,000.
Credit Management Group UK
JUNE 3, 2024
Charging late payment interest on overdue invoices can be a great form of leverage to get you paid quicker. You are entitled to start adding interest from the first day it falls overdue, but many companies will be wary of using this as a tactic as the downside is damaging a customer relationship, so when is the right time for your business to charge interest on late payments?
TreviPay
JUNE 6, 2024
Acquiring and retaining customers is the top priority for B2B businesses. As companies strive to expand their reach both nationally and globally, having a robust B2B customer acquisition strategy is essential. Net terms financing is a strategy for customer acquisition and expansion into B2B, as it is the preferred payment method for B2B buyers. 85% of buyers want to pay with trade credit.
Accounting Department
JUNE 7, 2024
We are thrilled to announce that Episode 21 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.
Due
JUNE 4, 2024
Campaign for Fairer Gambling (CFG) has released a report that finds that billions of dollars are not being taxed on illegal gambling gains. The report was conducted in connection with Yield Sec (YS), a financial reporting and business analyst in the United States. It broke down three states with varying levels of regulation on digital gambling. Three states analyzed for gambling tax revenue New Jersey, New York, and Minnesota were the three states in question.
Reorg Blog
JUNE 6, 2024
The post Court Opinion Review: Secrecy in Genesis Global, Hawaii Fire Victims Reject Statutory Compensation Fund, Invesco Puts the ‘Parade of Wonderfuls’ on the Record in Robertshaw, ‘Independent’ Fiduciaries in Appgate and the Fiduciary Duty Dilemma in Yellow appeared first on Reorg.
Grit
JUNE 7, 2024
Running an eCommerce business involves juggling numerous tasks like inventory management, order processing, marketing, and customer support. With so many moving parts, it’s crucial to have the right tools to streamline operations and boost productivity. In this post, we’ll explore five productivity software solutions designed specifically for eCommerce websites.
Chaser
JUNE 5, 2024
Have you ever experienced a debtor who ignores your emails, you can’t reach them over the phone, and despite your best efforts chasing them up, you simply haven’t been able to reach them?
Due
JUNE 4, 2024
American-made whiskey is leading a surge in the global market for amber nectar. Global whiskey market trends estimate a $37.53 billion surge over the next four years. The much-loved spirit is set to soar according to new market research undertaken by Technavio. The analyst has over 17,000 Market research reports covering 800 technologies in 50 countries, so it knows a thing or two about the rising tide of whiskey in the global market.
blue dot counseling
JUNE 3, 2024
An experienced finance professional comes into a business on a part-time basis and gets the finance function working as it should do. The post Complete your team with our Fractional CFO service in London appeared first on Blue Dot Consulting.
Grit
JUNE 7, 2024
Efficiency is the cornerstone of success in today’s fast-paced world of e-commerce, where time is essential. Fast and easy purchases can significantly impact your daily tasks, whether you’re a customer navigating the considerable internet marketplace or a business owner trying to optimize operations. In this regard, the advent of BigCommerce Reorder stands out as a convenience that provides a customized way to make the sometimes tricky task of making repeat purchases more manageable.
Chaser
JUNE 4, 2024
Next week, on the 12th and 13th of June, thousands of accountants, bookkeepers, and finance professionals from the UK, Europe, and beyond will gather for Xerocon London 2024. This event is a must-attend for Xero users and app partners, as it offers a prime opportunity to delve into the latest trends, updates, and enhancements in the Xero ecosystem, while also facilitating valuable networking with peers and Xero experts.
Due
JUNE 6, 2024
Retirement often brings to mind adventures to faraway destinations, yet these aspirations can remain elusive for numerous retirees. However, the right credit card can help make such grand travel scenarios more realistic. If you work hard to earn and redeem credit card rewards strategically, you can make these voyages possible without sacrificing the savings you spent years building.
Enterprise Recovery
JUNE 6, 2024
Credit managers can help your business by ensuring the smooth functioning of credit operations. They are responsible for assessing the creditworthiness of potential clients and managing credit limits to prevent late payments and minimize financial risks. They also play a vital role in collecting accounts receivable and bad debt. By understanding the role of a credit manager in your business, you can effectively utilize their expertise to optimize cash flow and maintain a healthy financial positi
Reorg Blog
JUNE 7, 2024
The post US District Court Says Former Judge Jones Should Have Disqualified Himself ‘From Day One’ of McDermott Bankruptcy; Motions to Dismiss Van Deelen RICO Suit Taken Under Advisement appeared first on Reorg.
Grit
JUNE 5, 2024
Customer segmentation , the practice of categorizing customers into distinct groups based on shared characteristics or behaviors, has emerged as a powerful strategy for enhancing marketing effectiveness and overall customer satisfaction. By dividing their customer base into segments and tailoring their marketing efforts accordingly, businesses can deliver more targeted and relevant messages, ultimately driving higher conversion rates and fostering more robust customer relationships.
Due
JUNE 3, 2024
“Baby, I’m a gangster too” — a phrase that has echoed through the halls of contemporary culture, resonating with millions worldwide. But why? Do you want to incorporate this statement into your life, and to what end? Does a statement like this affect how others perceive you, will it affect your financial life? This widely shared and repeated statement encapsulates a spirit of defiance, resilience, and individuality deeply ingrained in our society.
FNB Small Business
JUNE 5, 2024
When it comes to funding major investments like buying a home or a car, long-term financing is crucial. But what about financing for your business? If you've dealt with personal loans before, you might assume you know what documents you need and what the requirements are. However, business loans, especially SBA loans, have unique considerations and requirements that distinguish them from traditional consumer loans.
Reorg Blog
JUNE 6, 2024
The post Waterfall Analysis: Partial Redemption Coupled with A&E Likely Option to Address Pfleiderer 2026 SSNs; Sponsor New Money Needed as Support; Full Value Recovery Expected by Investors appeared first on Reorg.
TMC Financing
JUNE 5, 2024
TMC Financing Helps Photography Company Lower Occupancy Costs with $7.2M Refinance Loan Founded over five decades ago, Cashman Photo Enterprises has earned a sterling reputation for delivering premier photography services. The post Picture Perfect Planning: Cashman Photo Refinances with an SBA 504 Loan appeared first on TMC Financing.
Due
JUNE 7, 2024
Paramount, a globally recognized film and television brand, is battling a rocky patch with a billion-dollar deal hanging in the balance. During the media giant’s board elections, current majority shareholder Shari Redstone received the fewest votes of all hopefuls on the Paramount board. Paramount board in disarray Redstone received a staggering 905,000 votes against her standing to be a part of the Paramount decision-makers.
Team Financial Group
JUNE 5, 2024
RCC Business IT has provided comprehensive IT and cybersecurity support to Michigan businesses for nearly 30 years. The technology expertise at RCC Business IT runs deep, and the company’s team of specialists can tackle any IT project or custom software request to achieve on-time, on-budget delivery. But even the best expertise can only take an IT project as far as its funding allows.
Reorg Blog
JUNE 5, 2024
The post UPDATE 1: Tear Sheet Part II: PCPD ‘25e FCF to Turn Positive On Niseko Ops, Development Project Sales; Needs Refi, Asset Sales For HKD 8.4B ‘26 Maturity Wall; Due ‘26s at Mid-80s Implies Fixed Assets Valued at Impaired Cost Despite Improving Hospitality Segment appeared first on Reorg.
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