Your Virtual Credit Manager

JUNE 18, 2024

Startup companies are intriguing, but can also be an enigma. The successful ones receive a lot of publicity and are celebrated widely. Who will be the next Apple, Google, Facebook, or Nvidia? If you happen to be a supplyier to a successful startup you’re in luck. As they grow, so will their purchases from your firm. A small, new account can become one of your top customers in a few years, and a key contributor to the growth you seek.

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Bad Debt Credit and Collections Credit Risk Credit Card Companies 100

biz2credit

JUNE 18, 2024

Owning a laundromat can be a lucrative business opportunity for entrepreneurs. With the right location and equipment, a laundromat can provide a steady income stream with relatively low ongoing costs. But it can be a sizeable initial investment, costing between $200,000 and $500,000 to open a new laundromat, and $100,000 and $400,000 to buy an … Continue reading "Ultimate Guide to the Costs of Opening a Laundromat" The post Ultimate Guide to the Costs of Opening a Laundromat published firs

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Credit Absolute

JUNE 18, 2024

Americans have become accustomed to a subscription lifestyle, with a whopping 92% of younger demographics actively subscribed to various services. According to a West Monroe Partners study West Monroe Partners, this convenience comes at a cost, with the average consumer unknowingly spending a significant $273 monthly on subscriptions. This figure is even higher than initial […] The post Stop Wasting Money on Subscriptions: Here’s How to Cancel Subscriptions You Forgot About appeared

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Credit Management Group UK

JUNE 16, 2024

Throughout my years in commercial credit management, I have identified several mistakes that companies make within their order to cash process; mistakes that are often very small and easily fixed; make enough of them, however, and you could find your cash flow isn’t flowing the way you would like it to. Mistakes in Commercial Credit Management: no terms and conditions of sale It is amazing how many times I have come across a company that don’t include their terms of sale with their quotes.

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Credit Management Credit and Collections Order to Cash Credit Risk 98

Grit

JUNE 17, 2024

Seamless automation is essential for eCommerce success, but integrating different apps and systems can be challenging. Atom8’s integration with BigCommerce provides a powerful solution, enabling merchants to achieve seamless automation with ease. By leveraging BigCommerce’s APIs, custom workflow building, HTTP triggers, and scalable enterprise features, Atom8 empowers BigCommerce merchants to connect their online store with a vast array of tools.

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Accounting Department

JUNE 18, 2024

We are thrilled to share that AccountingDepartment.com has been selected for inclusion in the Inc. Best Workplaces list, for the third year in a row! This recognition in 2024 highlights the success of the workplace environment we have cultivated over the last 20 years. We are grateful for the privilege of being acknowledged as an Inc. Best Workplace for the last 3 years now, and we extend our appreciation to our entire staff, who make it such a wonderful place to be every day.

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Chaser

JUNE 18, 2024

Last week, Xerocon , the annual conference of Xero, took place in London, and what an event it was! Xerocon is unlike any other conference, often referred to as the "Glastonbury for accountants." This two-day event was hosted at the Excel in London on the 13th and 14th of June, drawing in over 3000 accountants and bookkeepers. More than 50 global brands, including Chaser, showcased their products, and there were several keynote speakers, such as Sue Perkins and Sam Conniff.

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biz2credit

JUNE 18, 2024

The busy season presents a golden opportunity for small and medium-sized businesses (SMBs). With careful financial planning and strategy, small business owners can use the surge to maximize revenue and expand their customer base. However, it can also be a taxing period, requiring significant preparation. This guide will help small business owners navigate the busy … Continue reading "Maximizing Success During the Busy Season: Essential Tips for SMBs" The post Maximizing Success During the

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Small Businesses 59

Accounting Department

JUNE 21, 2024

In this celebratory episode of Beyond the Books, host Andrea Boccard is joined by Amy Harold to discuss the prestigious Inc. Best Workplaces award.

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TreviPay

JUNE 21, 2024

Discover how TreviPay’s Chief Commercial Officer, Martha Salinas, is leading the charge for genuine diversity, equity and inclusion (DEI) in the fintech industry. In the Fintech Times article “How to Avoid a ‘Tick Box Exercise’ When it Comes to DEI,” Martha shares insightful strategies for overcoming the challenges of true representation and equality in the workplace.

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Due

JUNE 21, 2024

The question of whether stocks are due for a pullback has been a hot topic among investors recently. This isn’t about spreading fear or panic but instead about presenting facts and data to help investors make informed decisions. To delve into this question, we’ll use both technical and fundamental data to support the argument. View this post on Instagram A post shared by Taylor Sohns – CFP®, CIMA®, MBA – Finance (@lifegoalinvestments) Technical analysis: The role of the R

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Reorg Blog

JUNE 21, 2024

The post Wesco/Incora Uptier Litigants Outline Positions in Post-Trial Briefs; UCC Suggests Participants Behaved Inequitably, New 1L Notes Should Be Subordinated appeared first on Reorg.

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SOA People

JUNE 21, 2024

Peter Maibaum, Senior Sales Manager at SOA People, has around 25 years of experience in software sales for credit management products and services. In the following video interview, he talks about the benefits and scope of the Ready4 Credit Management solution and emphasizes the important role of partners. He also explains his perspectives on current developments and future challenges in international credit management.

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Grit

JUNE 20, 2024

Omnichannel automation allows you to connect with customers across different channels like email, social media, and messaging apps. Using the right tool, you can automate your communication with customers, send them personalized messages, and respond quickly to their queries. This helps you improve your customer experience and boost your sales. In this blog post, we’ll explore how Atom8’s omnichannel automation can benefit your business and help you stand out from your competitors.

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Due

JUNE 21, 2024

A Florida resident has pleaded guilty to evading $400,000 in taxes in a case brought by the Internal Revenue Service (IRS). According to the documentation presented by the Justice Department’s Tax Division, Christopher Garraty has defrauded the IRS for approximately $413,879 from 2002 until 2018. Acting Deputy Assistant Attorney General Stuart M. Goldberg of the Justice Department’s Tax Division and U.S.

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Emagia

JUNE 20, 2024

Artificial Intelligence (AI) is revolutionizing the landscape of financial transactions, creating a “whole new world” of possibilities, according to Naomi Secor, Global Managing Director at the Shared Services and Outsourcing Network (SSON). Despite these advancements, many enterprises are still in the early stages of AI adoption and implementation, striving to harness the full potential of this groundbreaking technology.

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SOA People

JUNE 21, 2024

As a global credit agency with 26 offices on 3 continents, Creditsafe offers its customers up-to-date credit and creditworthiness information on more than 430 million companies worldwide. In an interview, Marc Sander, Head of Strategic Partner Management at Creditsafe, explains the relevant factors for risk assessment as well as the current developments and challenges in credit management.

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Credit Management 52

Grit

JUNE 20, 2024

One of the most popular eCommerce platforms, BigCommerce, provides merchants with a robust Get Orders API feature, enabling them to obtain order information programmatically. However, as with any API, merchants may have standard data retrieval difficulties. This article will examine the BigCommerce API Get Orders , frequent data retrieval challenges, and how to overcome them.

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Due

JUNE 21, 2024

Raising children is a rewarding experience — the best in fact — but it also involves significant financial responsibilities. The cost of raising a child is a critical factor that parents need to consider when planning their family. This article provides an in-depth analysis of the financial implications of raising three children until they’re 18 years old.

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Chaser

JUNE 19, 2024

Pleased to share Chaser has won the Best Technology Provider (Collections) award at the 2024 Credit Strategy Awards. After being shortlisted for the awards in May it is an honor to be recognized by the prestigious Credit Strategy group as a winner, for Chaser's commitment to providing businesses around the globe with cutting-edge technology and AI to help them protect and bring their revenue in faster.

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Credit and Collections 52

SOA People

JUNE 20, 2024

In March 2024, we launched a new event format: the SOA People Credit Management Forum. Why did we do this? It is important to us that our customers have a platform where they can learn about innovations and best practices, participate in product development, listen to exciting presentations and interesting discussions and benefit from comprehensive exchange and networking in the credit management context.

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Grit

JUNE 19, 2024

Managing inventory effectively is crucial for the success of any eCommerce business. According to a study by Wasp Barcode Technologies, 43% of small businesses either don’t track inventory or use a manual process to do so. BigCommerce inventory management offers robust tools to help businesses keep track of their stock levels, avoid stockouts, and optimize their inventory processes.

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Due

JUNE 21, 2024

Anxiety, often misunderstood and misinterpreted, is a complex emotion that can be both debilitating and protective. It’s a psychological state characterized by excessive worry, fear, and apprehension. While it’s commonly perceived as a negative emotion, it’s essential to understand that anxiety, at its core, is a protective mechanism.

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blue dot counseling

JUNE 18, 2024

You can create bad practices that embed themselves like fossils at the heart of the business and continue to be corrosive for a long time to come. The post How do you fill the gap between the books and the board? appeared first on Blue Dot Consulting.

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SOA People

JUNE 20, 2024

BayWa AG is an international company from Munich, specializing in innovative and sustainable solutions in the fields of agriculture, construction and energy. In this interview, Tina Haus-Bienerth, Head of Corporate Credit Management, explains the importance of digitalization and optimization in credit management and how SOA People supports them in this process.

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Credit Management 52

lsq

JUNE 18, 2024

ORLANDO, Fla. (June 17, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently originated a $3 million accounts receivable credit facility for a Florida-based fixed wireless internet provider. The company was referred to LSQ by a wealth management partner. As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management. “The company is on track for remarkable growth, and the added wo

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Credit and Collections Bankruptcy Credit Management 52

Due

JUNE 20, 2024

The world of finance and investment can often seem like a complex maze of numbers and figures. When we start discussing trillions, the magnitude can be overwhelming. Let’s draw parallels with something more relatable, like the National Basketball Association (NBA), to simplify this complexity and provide a clearer understanding of the financial landscape.

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Plooto

JUNE 18, 2024

As your business grows, you’ll be responsible for managing more and more business information and customer data. Even though growth is positive, k eeping up with data as it’s shared between platforms while maintaining it safely can feel overwhelming. If you’re worried about how to keep your data safe while scaling your business, cloud-based automation is a worthwhile solution to look into.

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SOA People

JUNE 20, 2024

As a European SAP Gold and Platinum Partner, the SOA People Group supports its customers in finding and implementing the best solutions for their individual requirements. In an exclusive interview, Steffen Weingärtner, Head of Sales SAP, talks about how SOA People supports customers throughout the entire SAP lifecycle - from initial consulting and planning to implementation, long-term support and operation.

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FNB Small Business

JUNE 18, 2024

If you are pursuing an SBA 7(a) or 504 loan for a major project, like acquiring a business or purchasing commercial real estate, you might also need additional financing to support day-to-day business operations. That’s where an SBA Express Loan comes in! This loan product is specifically designed to help small business owners with current business needs while also enabling them to plan for future expansion and growth.

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Small Businesses 52