Your Virtual Credit Manager
JULY 2, 2024
Debtors come in all shapes and sizes. In a business-to-business (B2B) environment, most debtors will be easy to work with. That’s because the people you will be dealing with are professionals like you. Their job is to control disbursements for their company just as your job involves maximizing cash inflows for your employer. A discussion between professionals typically results in a mutually satisfactory resolution.
biz2credit
JULY 2, 2024
The beauty salon and spa industry is a vibrant sector known for its growth potential and ability to offer essential services to a diverse clientele. Whether you’re starting a new salon or expanding an existing one, securing the right financing is crucial for growth and stability. In this article, we’ll explore some popular financing strategies … Continue reading "Strategies for Financing Your Beauty Salon and Spa" The post Strategies for Financing Your Beauty Salon and Spa published
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Due
JULY 4, 2024
The U.S. Department of Labor (DoL) has injuncted a bar owner in Little Rock, Arkansas, for violating several federal laws. The bar in question, the Benton Tavern, and its owner, Tim Steppach, violated child labor laws, stole tender’s tips, and fired an employee who had enough of the abuse they faced each day. “Our investigation identified numerous violations by Tim’s Tavern and Tim Steppach, and we are using every enforcement tool available to protect their employees and to hold this employer fu
Accenture Credit Management
JULY 1, 2024
In part one of my blog, I explored how current macroeconomic events are akin to a solar storm and the Northern Lights are the manifestation of the banking industry’s reaction to uncertainty. In part two, I will discuss key areas banks should focus on to avoid becoming paralyzed by the challenges they face. Over the… The post Navigating the storm: Strategic focus areas for retail banks in uncertain times appeared first on Accenture Banking Blog.
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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!
Accounting Department
JULY 4, 2024
Growing a business can be an exhilarating experience, but it comes with its fair share of challenges. One crucial area that requires meticulous attention is accounting. Proper accounting practices are the backbone of financial stability and growth, yet many small to medium-sized businesses (SMBs) often overlook them.
Reorg Blog
JULY 5, 2024
The U.S Supreme Court denied the petitions for a writ of certiorari for review of the Fifth Circuit Court of Appeal’s Aug. 19, 2022, decision affirming, in part, and reversing, in part, the Highland Capital Management confirmation order.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
Grit
JULY 4, 2024
Price quotes are vital instruments in business transactions for delivering cost estimates and offers to potential clients. This article discusses what price quotations comprise, the main components of a professional quotation, and five good price quotation examples to help organizations create successful and powerful bids. What is a Price Quotation?
Accounting Department
JULY 2, 2024
Running a small to medium-sized business (SMB) is no small feat. Between juggling sales, operations, customer service, and marketing, it’s easy to see why accounting often falls to the bottom of the priority list.
biz2credit
JULY 5, 2024
Financial planning is a critical component for the success and growth of any small business, but it doesn’t have to be a headache. Financial planning software can help owners manage their finances by providing tools for budgeting, expense tracking, and forecasting cash flow. It can aid in making informed financial decisions by analyzing profitability, projecting … Continue reading "The Best Financial Planning Software for Small Businesses in 2024" The post The Best Financial Planning Softw
Due
JULY 5, 2024
We all have goals in life. This could include learning a new skill, getting healthier, or achieving financial freedom. Despite this, the constant busyness of modern life can make these goals seem out of reach. The reason? In today’s world, where possessions and self-improvement trends are abundant, it’s easy to get caught up in a cycle of accumulation and pursuit.
Reorg Blog
JULY 5, 2024
Relevant Documents:OpinionOrderChief Bankruptcy Judge Eduardo V. Rodriguez has issued an opinion and order vacating a joint stipulation between the Jackson Walker firm and former Judge David R.
Onguard
JULY 5, 2024
Following Visma’s example in 2022 , Onguard is now a member of the UN Global Compact Network Netherlands, officially committing to align its operations with the Ten Principles for responsible business practices and drive awareness in the corporate world. What is the UN Global Compact: The Ten Principles From environmental impact to equality, the world is not on track to meet the UN Sustainable Development Goals by 2030.
Grit
JULY 3, 2024
Running an eCommerce store requires a lot of work. From marketing to fulfillment, inventory management to delivery, even a small step could be overwhelming at some points. That’s why eCommerce automation tools can be your saver along the way. In fact, 67% of store owners said that deploying automation software is important for their business development.
Due
JULY 4, 2024
Planning for your retirement involves a variety of important decisions, many of which are financial. For example, you’ll need a plan for saving money, managing your investments, paying for healthcare , and budgeting for leisure activities. However, today’s world also requires integrating technology into your retirement planning budget. Tech, no matter how small, should be a fundamental part of your retirement budget.
Chaser
JULY 4, 2024
Balance sheets, tax regulations, financial statements - these are just some of the many concepts an accountant must know like the back of their hand. Accounting is one of the oldest professions, dating back thousands of years. Yet, it continues to evolve alongside the business landscape.
JNI Commercial Lending
JULY 3, 2024
Imagine a financial tool that allows you to scale your real estate investments with ease, minimizing paperwork and maximizing efficiency. This is exactly what a blanket loan offers. For financial advisors, real estate investors, and property developers, understanding the ins and outs of blanket loans could be the game-changer you’ve been looking for.
blue dot counseling
JULY 3, 2024
No one buys accounting software because they need accounting software. They buy it so they can generate the financial information they need to run and improve their business. The post Xero Accountants in South West London – let’s unlock your numbers appeared first on Blue Dot Consulting.
Due
JULY 4, 2024
The U.S. Department of the Treasury has pledged $97 Million to support Alabama small business. The move comes through the American Rescue Plan Act’s State Small Business Credit Initiative (SSBCI). U.S. Deputy Secretary of the Treasur y Wally Adeyemo, said of the funding, “We are helping entrepreneurs across the country unlock access and opportunity, and we’re excited to expand this work to include Alabama’s small businesses – providing collateral, supporting venture capital programs, and reachin
Gaviti
JULY 3, 2024
As the role of the CFO has expanded to include financial planning and predictions, it’s your job to stay on top of the tools and technologies that can best assist you in achieving these tasks. But economic uncertainty, supply chain disruptions and rising interest rates have made these tasks increasingly challenging. By attending a finance conference, however, you can meet with fellow financial professionals who can share their experiences on how they’ve overcome these challenges.
TreviPay
JULY 2, 2024
Whether shopping or just surfing, everyone is in a hurry online. An ‘ online second ‘ is even shorter than a ‘ New York minute ‘ For example, one study found that websites with 1-second loading times have 3x higher conversion rates than those with 5-second ones (and 10x higher than those with 10-second ones). Payments are a significant part of this picture.
Grit
JULY 1, 2024
Customer segmentation is a powerful tool that can significantly enhance business outcomes. According to Bain & Company, businesses that successfully tailor their offerings to specific segments can benefit from a 10% higher annual profit growth. Customer segments involve dividing a customer base into distinct groups of individuals who share similar characteristics.
Due
JULY 3, 2024
Jeff Bezos, the founder of delivery and logistics giant Amazon, is set to sell almost $5 billion in shares as the stock price hits a record high. A regulatory filing from the e-commerce giant shows Bezos offloading 25 million Amazon shares. The SEC filing is one of many on the Amazon investor relations section of the site. Bezos cashes in on Amazon stock soaring Amazon’s market cap hit $2 trillion for the first time, and stock prices rose to $200.43, showing a stock report that was up 32% year-t
CreditStrong for Business
JULY 1, 2024
Startups often need to go through several rounds of external funding to sustain themselves, especially in their earliest stages when research and development costs may be high and revenues are likely low. Unfortunately, most brand new startups don’t have business credit, or they have poor business credit scores due to their lack of credit history, if they can even generate a score at all.
Chaser
JULY 1, 2024
Is your business struggling with bad debt? Managing finances and ensuring consistent cash flow are critical challenges that every business must navigate effectively to remain profitable. Among these challenges, dealing with bad debt is a persistent obstacle that can significantly impact your business’s financial health.
Grit
JUNE 30, 2024
Understanding your customers is crucial for any business, and customer behavior segmentation is a powerful tool to achieve this. According to a study by McKinsey, businesses that leverage customer data effectively can increase their marketing ROI by 15-20%. Segmenting customers by behavior helps you group your audience based on their actions and preferences, allowing for more personalized and effective marketing strategies.
Due
JULY 3, 2024
As you approach retirement, one of your biggest concerns is naturally going to be your health. As we get older, our bodies and minds gradually deteriorate, accumulating a host of different health complications. This creates various new challenges. To make matters worse, the costs associated with healthcare and medical intervention will increase. Insurance premiums will rise, and you’ll have more injuries and ailments to deal with.
CreditStrong for Business
JULY 1, 2024
Adding someone to your credit card as an authorized user is a great way to help them build credit. As long as you and the added user manage the account responsibly, it can provide a quick, easy, and significant boost to their credit score. However, there are risks involved for both parties. Here’s what you should know about the process before getting started.
Onguard
JULY 1, 2024
When he was a child, he wanted to become a pastry chef. At 21 years old, he had his own business providing IT services to small companies. And in his free time, he is a music producer! We proudly introduce Jordy Zijp, team lead at the CreditManager Customer Service department. At the end of 2023, the number of unsolved tickets at the Onguard Service Center dropped by an impressive 65%.
Reorg Blog
JULY 5, 2024
Chief Bankruptcy Judge Eduardo V. Rodriguez has issued an opinion and order vacating a joint stipulation between the Jackson Walker firm and former Judge David R. Jones.
Due
JULY 2, 2024
A Providence woman was arraigned in federal court today on charges of fraud and taking advantage of seniors and vulnerable individuals. In June, a federal jury indicted Megan E. Shine, the woman at the core of a fraudulent mail-order sweepstake scheme. The District of Rhode Island charged Shine with four counts of mail fraud and one count of conspiracy today.
SOA People
JULY 1, 2024
SOA People Group Enters Polish Market with Acquisition of Majority Stake in KBJ, a leading SAP Platinum Partner listed in the Warsaw Stock Exchange.
Chaser
JULY 3, 2024
Chasing payments is nobody's favorite part of running a business. But when cash flow runs dry, companies can quickly find themselves in hot water.
Loomis Sayles Credit Research
JULY 1, 2024
The May Employment Report from the Bureau of Labor Statistics (BLS) sent a contradictory message to markets, leading analysts to puzzle about what is going on. The Establishment Survey, which surveys businesses, nonprofits and government agencies about their payrolls, gave very upbeat data for May. However, the Household Survey, which surveys households about the employment status of their members, provided grim estimates for employment, reporting the highest unemployment rate in more than two y
Due
JULY 2, 2024
Electric car manufacturer Tesla reported a 10% stock surge at the closing bell to beat the expectations of Wall Street projectionists. In a company statement , Tesla announced that 443,956 vehicle delivery milestones were reached during the second quarter, topping the projections of Wall Street (439,302). This will be a bright spot in a dismal year for Tesla, which has been marred by controversies, financial insecurity, and mass layoffs.
CreditStrong for Business
JULY 1, 2024
For many people, buying an authorized user tradelines seems like an effortless way to improve your credit. But they come with some serious risks! In this article, we’ll talk about renting tradelines, and why you should avoid doing so. We’ll also cover some helpful alternatives for building your credit. What Are Authorized User Tradelines? You might be familiar with the term, “authorized user,” if you’ve been on the journey of rebuilding your credit.
GoCardless
JULY 4, 2024
Manual process could be costing you time, money and customers. Find out more.
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