Sat.Jan 27, 2024 - Fri.Feb 02, 2024

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Who Qualifies For Credit Card Debt Forgiveness?

Credit Absolute

Anyone can have trouble with money, and it can be stressful when credit card bills start to add up. But you can find ways to handle your debt. Credit card companies will sometimes work with people who owe money to find ways to get it paid off. Also, it’s not common, but your credit card […] The post Who Qualifies For Credit Card Debt Forgiveness?

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It's Time for a Layered Approach to Collections

Your Virtual Credit Manager

The evolution of Accounts Receivables (AR) automation has revolutionized our collection strategies. Previously, decisions were largely left to the discretion of individual collectors, resulting in subjective and inconsistent approaches. Manual collection processes centered on an aged accounts receivable trial balance (ARTB) lack the regimentation and efficiency brought about by automation.

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Know-it January Roundup?

Know-It Global

We made it through January! It was a long month, but a busy one at Know-it. We hope you’ve had a great start to the year. Here’s everything that’s been happening at Know-it, there’s a lot to catch up on! Our 1st Webinar! We want our clients to get to know us better, so we hosted our first webinar in January! Know-it CEO and Founder Lynne Darcey Quigley joined Head of Strategy & Growth at Know-it, Phil Hobden.

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Value Investing for Retail Investors: Applying Buffett’s Lessons in Retirement

Due

Warren Buffett is among the most successful investors in modern history. His lessons are equally applicable to institutions and individual investors alike. What do they mean for the retail investor? Can someone with a regular salary and retirement income apply value investing and grow their wealth? In this post, I’ll highlight the principles of Buffett’s strategy most easily applied to the retail and individual setting, especially among retirees.

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20 Years of 1099s at AccountingDepartment.com

Accounting Department

It is that time of the year again, tax season. Many businesses dread this time of the year - it's tough. But thankfully, it's not as tough when you have the unrivaled support of AccountingDepartment.com.

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How to Get Paid in Construction When Subcontracted

Credit Management Group UK

It can be tricky to get paid on time for a business within any industry, however the construction industry is an entirely different ball game when it comes to getting paid. Sub-contractors in particular can often bear the brunt of poor payment practices within the construction industry, and often lack of knowledge can make the situation worse. Small firms are often employed by larger contractors under a sub-contract agreement that they don’t fully understand, and once this is accepted there is v

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Court Opinion Review: The Third Circuit Mandates Examiners, the Possible End of the PTE Two-Step, DSG’s Dicey Reorganization, and Delaware Doubles Down on Release Consent

Reorg Blog

The post Court Opinion Review: The Third Circuit Mandates Examiners, the Possible End of the PTE Two-Step, DSG’s Dicey Reorganization, and Delaware Doubles Down on Release Consent appeared first on Reorg.

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Simplified and Automated Cloud-Based Tax Calculations with AvaTax

Accounting Department

AvaTax by Avalara is a groundbreaking solution that revolutionizes the way businesses handle tax calculations. This cutting-edge cloud-based software simplifies the complexity of tax calculations, ensuring accuracy and efficiency every step of the way.

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Avoid Common Tax & Accounting Mistakes For Your B2B Business

Enterprise Recovery

Complex tax questions can be especially confusing for small businesses, freelancers, or startup companies. It's important that your business's financial records are maintained with integrity and organization. If you're a one-person department or temporarily taking on the accounting role, it's natural to have some questions and uncertainties. Avoid common accounting mistakes and ensure a smooth tax season with these best practices.

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Crypto in Your Retirement Account: Cryptocurrency and Planning for Your Golden Years

Due

In the ever-evolving landscape of financial planning, cryptocurrency represents a new frontier. The digital realm has begun to reshape investment landscapes, so it’s a good time to consider the potential benefits of integrating crypto in your retirement account. Whether you’re a curious investor or a seasoned financial planner, you may know that cryptocurrency may play a more pivotal role in shaping a secure and diversified retirement plan in the years ahead.

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TCG Promoters in Early Discussions to Raise $500M to $800M Debt

Reorg Blog

Promoters of the Chatterjee Group are in preliminary discussions with banks and private credit funds to raise the equivalent of around $500 million to $800 million through an issue of non-convertible debentures.

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Chaser and Zapier: automate receivables and save time effortlessly

Chaser

Chaser now connects with Zapier so you can automate the transfer of data between Chaser and other systems, such as accounting software, ERPs, or online spreadsheets. Businesses can seamlessly transfer data via Zapier, between Chaser and their chosen system, to start managing their accounts receivables automatically and reducing bad debts.

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Cash Flow Clarity: Your Secret To Making Better Strategic Decisions That Grow Your Business

Plooto

When it comes to running a small business, cash is king – well, cash flow at least. From paying vendors, suppliers, partners, and employees, to investing in growth opportunities, cash flow is vital to any business’s success. Effective cash flow management isn’t just important for day-to-day business operations, but long-term planning as well. Small businesses are significantly better placed to thrive when they have full visibility and control over their cash flow.

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Unlocking Success: The Importance of Collection Training Seminars

Eastern Credit Management Services

In the dynamic landscape of debt collection, where regulations evolve, debtor behaviors change, and technology advances, staying ahead of the curve is crucial for success. One of the most effective ways for professionals in the debt collection industry to enhance their skills, stay informed, and adapt to industry trends is through collection training seminars.

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Adani Group to Hold US NDRs This Week

Reorg Blog

Adani Group’s senior management will meet investors in the U.S. this week to provide business updates and discuss a potential USD bond for Adani Green Energy Ltd.

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Why is B2B Credit Automation Critical in The Digital Era?

Emagia

Top line, bottom line, and cash flow – the three critical components in business – are the barometers of the health of a business, that influence its sustenance and growth. Order To Cash (OTC) is one business process that impacts all these three elements. While all of them are critical for businesses, cash flow has a definite edge over others because it is more real than the others.

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How Payments Automation Helps Real Estate Companies Optimize Cash Flow And Build Trust With Clients

Plooto

Real estate is a complicated industry, with complicated accounting needs. From international payments and purchases, to collecting rents and paying contractors for construction and renovations, the accounting needs of a modern real estate business demand powerful technological solutions.

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Developing a Robust Business Strategy

biz2credit

In this article: What is business strategy and why does it matter? What is success? Where to play? How to win? What management systems should be in place? What capabilities are needed? Success in any venture begins with having a rock-solid plan, and when it comes to business, that plan is your strategy. A well-crafted … Continue reading "Developing a Robust Business Strategy" The post Developing a Robust Business Strategy published first on.

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GIC-Backed IRB Infrastructure Plans USD Public Bond to Refinance

Reorg Blog

IRB Infrastructure Developers Ltd. is considering issuing USD denominated public bonds towards the end of February to refinance its $300 mn 5.5% senior secured bonds due August 2024.

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LSQ Creates $3MM AR Finance Facility for Auto Parts Manufacturer

lsq

The Georgia-based company will use the additional working capital to support growth ORLANDO, Fla. (February 1, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently originated a $3 million account receivable credit facility for a Georgia-based auto parts manufacturer. The company was referred to LSQ by a wealth management advisor.

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A new Version of SEPA IS COMING!

SOA People

The SEPA XML version 2019 will be available from March 17, 2024. This new version comes, at least for the time being, in addition to the current version from 2009. The new version offers some new options , of which structured address information is the most important. In addition to the name (Nm), it is always mandatory to provide the fields of place of residence (TwnNm) and country (Ctry).

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Lack of AI Knowledge Internally Slowing Spread of Automation in Shared Service Organizations

Emagia

Generative AI Plays Pivotal Role in SSO/GBS Outlook Generative AI is changing the face of shared services organizations (SSO) and global business services (GBS), but the biggest challenge that companies face in implementing the new technology is finding the capabilities within their teams to put the technology into practice. The skills to do so are at a premium.

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Radiance ~CNY 4.5B Dec’23 Est. Pro Forma Cash Covers 30% Debt Due

Reorg Blog

Chinese developer Radiance Holdings (Group) Co. Ltd. has seen a >20-point plunge in the recent price of its sole offshore USD notes.

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Bounceback frauds. Are the sentences enough?

Cpcmcredit Blog

Im far from one of those who screams for heavy sentences for every one of life’s transgressions but punishments must surely be a disincentive to potential offenders? A couple of Bounceback fraudsters (in the classic manner that has been repeated all across the UK) have been given “suspended sentences” whilst attempts are “made to recover the money” Am I alone in thinking that the fraudsters have come out on top here?

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The Rise of ChatGPT: A Pioneering Force in Financial Sector Evolution

Collenda

The Rise of ChatGPT: A Pioneering Force in Financial Sector Evolution The introduction of ChatGPT in November 2022 marked a significant milestone in the technology landscape, creating ripples not only in the professional realm but in numerous other sectors such as education. Users have been impressed by the AI-based solution, lauding its quick-witted and often accurate responses to a diverse range of queries.

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5 AI Tools to Help Your Small Business

biz2credit

Over the past year, generative AI has radically transformed the small business landscape, affecting everything from marketing to operations, to products and services. But while nearly everyone is at least aware that Artificial Intelligence (AI) is available, many small business owners are still unsure how it can help them. In this article, we will explore … Continue reading "5 AI Tools to Help Your Small Business" The post 5 AI Tools to Help Your Small Business published first on.

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China Evergrande Wound Up, Hong Kong Liquidator Work Begins

Reorg Blog

The Hong Kong Court has wound up China Evergrande Group as the company failed to provide a concrete restructuring proposal.

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Credit Cards: Credit Scores Broken Down – Part 2

Credit Absolute

Video Summary & Highlights Key Points: Credit cards significantly impact your credit score (30%), making them crucial for building or damaging it. Having and properly managing 2-3 credit cards (regular & charge) is ideal for a good credit mix. Maintain a low credit card balance: below 10% is ideal, below 30% is positive, above 50% is negative.

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Are Physical Bank Branches Still Relevant?

Biz2X

Reading Time: 3 minutes The digital transformation of the banking industry has streamlined the customer experience such that online or mobile banking is the preferred choice of 78% of customers. Influencing this may be the fact that, compared with 10 years ago, 73% of Americans use cash less often. In a digital world where credit is preferred, brick and mortar banks simply do not provide the same utility for all that they once did.

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5 strategies to overcome patient payment complexities

Waystar

Healthcare organizations need to simplify patient payment collection — that’s how your patients see it anyway. Whether they’re buying a new refrigerator or moving into a new house, they know what they’re going to pay today, the amount, and the number of future payments. Even retailers like Amazon and PayPal are beginning to offer payment plans and easy ways to see payment plans.