RMAi Blog

SEPTEMBER 16, 2024

CHANDLER, AZ – National Credit Adjusters, a receivables acquisition and management firm headquartered in Hutchinson, KS with a satellite location in Chandler, AZ, was pleased to continue support of an annual water drive spearheaded by the team in the Chandler office. Due to the desert climate, Chandler, AZ has an average temperature of a sweltering 107 degrees in July, taking a toll on the unfortunate during the summer.

Credit and Collections 162

Credit and Collections 162

Your Virtual Credit Manager

SEPTEMBER 17, 2024

For small business executives, and many mid-sized businesses as well, managing collections effectively can be a significant challenge, particularly when time and resources are limited. With so many competing priorities, it’s easy for receivables to take a backseat to other pressing operational tasks. However, failing to dedicate sufficient time and effort to collections can quickly lead to cash flow problems, disrupting the ability to pay suppliers, invest in growth, or even meet payroll.

Credit and Collections 100

Credit and Collections Accounts Receivable (AR) Bad Debt Credit Risk 100

Due

SEPTEMBER 20, 2024

In an industry flooded with options, Gavin Maloof and Steve Rice have found a way to stand out with their tequila brand, Comisario. They credit their success to a combination of business acumen, product excellence , and an authentic partnership. From the start, their approach to the competitive liquor market was rooted in creating a product that stood out in terms of taste and upheld values of trust, integrity, and a commitment to customers and employees alike.

105

105

Abrigo

SEPTEMBER 17, 2024

Manage the impact of interest rate cuts at your institution These five tips from Abrigo expert Dave Koch will help banks and credit unions prepare for a rate drop. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for effective risk management and compliance." WATCH Takeaway 1 As financial institutions anticipate rate cuts, many are questioning how to structure their lending and ALM strategies accordingly.

CECL 88

CECL Credit Unions Credit Risk 88

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and 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

Cash Applicator

Accounting Department

SEPTEMBER 17, 2024

When you have a small or mid-size business, one of the issues you can run into is not having all the departments a larger company would have. In other words, you might not have dedicated employees for HR, accounting, and other areas. Fortunately, there are ways to outsource a number of services, including client accounting services. This helps keep your company growing and succeeding, without the need to bring on more employees or overwork yourself to get everything done.

Small Businesses 92

Small Businesses 92

biz2credit

SEPTEMBER 18, 2024

The Federal Reserve announced it will lower the effective funds rate by 50 basis points (0.50%). This officially ends an aggressive rate hike campaign that started in 2022 to quell inflation that at one point reached over 9%. Now that inflation is near the Fed’s 2% target, Fed Chair Jerome Powell announced the lowering of … Continue reading "Fed Lowers Interest Rates, Here’s What It Means For You and Your Business" The post Fed Lowers Interest Rates, Here’s What It Means For You and Your B

85

85

Due

SEPTEMBER 16, 2024

A federal grand jury has indicted a film producer and his accountant for concealing millions of dollars in earnings. The prosecution alleged that film producer Nigel Sinclair and his accountant, Anthony Stewart, did not declare earnings to the IRS. These earnings allegedly cost the IRS $5m in earnings taxes. IRS Criminal Investigation is investigating the case, with assistance from the Joint Chiefs of Global Tax Enforcement (J5), which is a concentrated effort by the tax authorities of Australia

69

69

Accounting Department

SEPTEMBER 19, 2024

The month-end is coming up and that means it is time to close. A monthly close can be a laborious process that is dreaded by some accounting and finance departments, but it doesn't have to be that hard!

Small Businesses 84

Small Businesses 84

Know-It Global

SEPTEMBER 18, 2024

As a UK business owner, it’s crucial to ensure that your invoices are comprehensive, clear, and legally compliant. A well-prepared invoice not only facilitates prompt payment but also serves as a vital document in case of disputes. Here’s what you should include in your invoice, along with tips on how to write it to make it as complete as possible.

59

59

Advertisement

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!

AR Metrics

Reorg Blog

SEPTEMBER 20, 2024

An ad hoc group of AMC Entertainment Holdings first lien noteholders has sued the company and junior notes agent GLAS Trust for violating the company’s intercreditor agreement in its recent drop-down transaction.

Transactions 52

Transactions 52

Due

SEPTEMBER 16, 2024

Perhaps there’s some truth to the stereotype of “bossy” eldest children or studious middle children. However, the youngest member of the family often surprises everyone. Despite conventional wisdom, research and real-world examples suggest a different reality. Lastborn children have unique experiences that make them successful entrepreneurs.

59

59

NorthOne

SEPTEMBER 20, 2024

A purchase order (PO) is a formal document that a buyer issues to a seller. In it, the buyer outlines the specifics of the transaction, including what they want to. The post What is a Purchase Order? PO Meaning & Examples appeared first on North One Blog.

Transactions 52

Transactions Small Businesses 52

TreviPay

SEPTEMBER 20, 2024

Without customer satisfaction built into your B2B growth strategy, you might run into some unnecessary growing pains. Invoicing is an essential consideration to include in your strategy. As part of a comprehensive smart approach, it’s important to understand that invoicing B2B customers is significantly more complicated than invoicing B2C customers.

Credit and Collections 52

Credit and Collections Cash Applicator 52

Plooto

SEPTEMBER 19, 2024

Regardless of your hesitations, investing in technology can save you and your team a lot of unnecessary headaches. If you’re on the fence, read these five key reasons why payment automation is worth the investment.

52

52

Due

SEPTEMBER 20, 2024

The labyrinth in the financial world is teeming with intricate mechanisms and systems that can often seem counterintuitive to the uninitiated. One such area of confusion is the relationship between the Federal Reserve’s actions and mortgage rates. At first glance, it might seem logical that mortgage rates would follow suit when the Federal Reserve cuts interest rates.

Credit Scoring 52

Credit Scoring 52

NorthOne

SEPTEMBER 20, 2024

Managing finances is a critical but challenging task for any small business, and in Florida, this is especially true. The state’s diverse financial landscape and varying regional requirements can make. The post The 5 Best Banks for Small Business in Florida (2024) appeared first on North One Blog.

Small Businesses 52

Small Businesses 52

blue dot counseling

SEPTEMBER 18, 2024

If you're a CEO and you want to upgrade your finance function to match the needs of your business, the thought process to follow is refreshingly simple and as old as the hills The post Technology is the servant not the master appeared first on Blue Dot Consulting.

52

52

Grit

SEPTEMBER 18, 2024

Black Friday is more than just a date on the calendar; with consumers ready to spend and discover the best offers, Black Friday email campaigns can transform curiosity into clicks and clicks into conversions. Let’s dive into the essential steps and strategies for building a successful Black Friday email campaign on BigCommerce so you can make this holiday season your most profitable.

52

52

Due

SEPTEMBER 20, 2024

As a result of a Department of Labor investigation a Las Vegas construction company urged to pay $550,000 in back wages and liquidated damages. The company at the heart of the matter, Colvin Construction Inc., denied 614 employees proper wages and payment in a lengthy battle in Nevada’s legal system. The U.S. District Court for the District of Nevada was the stage for the judgment and the request that the employer pay the outstanding monies and damages to disgruntled employees.

52

52

NorthOne

SEPTEMBER 20, 2024

Selecting the right bank is crucial for the success of small businesses. Your choice can impact your access to capital, cash flow management and day-to-day operations. A great bank doesn’t. The post The 6 Best Banks for Small Business in Pennsylvania (2024) appeared first on North One Blog.

Small Businesses 52

Small Businesses 52

biz2credit

SEPTEMBER 18, 2024

The Federal Reserve announced it is lowering interest rates for the first time in 4 years. Here's what you need to know. The post Fed Lowers Interest Rates, Here’s What It Means For You and Your Business published first on.

52

52

TreviPay

SEPTEMBER 18, 2024

In today’s fast-paced and unpredictable business environment, managing cash flow and ensuring timely payments from customers are critical for long-term success. Trade credit insurance has become a vital tool for businesses looking to protect themselves from the risk of non-payment by customers. This type of insurance acts as a safety net, covering unpaid invoices when clients default or face financial difficulties.

Bad Debt 52

Bad Debt Default Credit and Collections Export Credit 52

Due

SEPTEMBER 20, 2024

Due to rising prices , inflation , and the likelihood of a recession , older Americans must tighten their belts. This is especially true for seniors living on limited incomes after retirement. Americans pay $429.33 per month for their utility bills , so this is an excellent place to save money. Of course, that’s easier said than done. According to CBS News’ price tracker , electricity costs have increased from $0.14 per kilowatt hour in 2019 to $0.18 per kilowatt hour by 2024, equivalent

Deductions 52

Deductions 52

NorthOne

SEPTEMBER 20, 2024

Running a small business is no walk in the park. Between juggling limited resources, fierce competition, and the ever-present need for growth, small business owners have their work cut out. The post The 5 Best Banks for Small Business in Illinois (2024) appeared first on North One Blog.

Small Businesses 52

Small Businesses 52

CreditStrong for Business

SEPTEMBER 18, 2024

Small business owners often use cars as part of their day-to-day activities. Leasing a business vehicle can be an attractive strategy for many, especially those who like the idea of upgrading to a newer car every few years. However, leasing a car for business isn’t ideal for everyone. Here’s what you should know before you try it, including how it works and when it might be better to buy.

Credit Scoring 52

Credit Scoring Small Businesses Transactions 52

Hilton Baird

SEPTEMBER 18, 2024

Why outsourced credit control could be a game-changer for UK businesses and best practices to consider when implementing this strategy. The post Why outsourced credit control is a game-changer for UK businesses: Benefits, insights, and best practices. appeared first on Hilton-Baird Collection Services.

Credit and Collections 52

Credit and Collections Small Businesses Credit Management 52

Due

SEPTEMBER 19, 2024

The Securities and Exchange Commission (SEC) has instructed Macquarie Investment Management Business Trust (MIMBT) to pay nearly $80 million for fraudulent behavior. The SEC has found MIMBT guilty of antifraud and compliance provisions of the Investment Advisers Act of 1940 and parts of the Investment Company Act of 1940. “It is alarming that a fiduciary took advantage of retail mutual funds it advised and executed unlawful cross trades to mitigate its overvaluation of fund assets,” said Eric I.

52

52

NorthOne

SEPTEMBER 20, 2024

Launching and running a small business in Massachusetts is an exciting adventure, but it’s also one filled with important financial considerations. From managing day-to-day cash flow to securing loans for. The post The 5 Best Banks for Small Business in Massachusetts (2024) appeared first on North One Blog.

Small Businesses 52

Small Businesses 52

CreditStrong for Business

SEPTEMBER 18, 2024

If you have a criminal record, it can be difficult to find and keep employment. In 2019, there were an estimated 24 million people with felony convictions, according to a report by the American Enterprise Institute. In a study released by the U.S. Department of Justice in 2021, it was reported that a staggering 33% of people released from federal prison in 2010 were unable to find work over the following four years.

Small Businesses 52

Small Businesses Credit Scoring 52