RMAi Blog

MARCH 31, 2023

Fairfield, NJ – Vertican Technologies , a global leader in the legal collection software industry, is proud to announce it has invested in Greentree Legal (GTL) in another milestone of Vertican’s plan to provide the collection industry with the tools it needs to become more efficient, compliant, and profitable. GTL’s core focus offers clients seamless management of process service, courier and skip trace services nationwide, and is led by founder and CEO Paula Ashcraft.

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Credit and Collections Transactions 130

Your Virtual Credit Manager

MARCH 28, 2023

Volumes have been written about the criteria you should use to make a credit decision. The rigor with which this information is often presented belies the fact most business credit decisions are not that difficult. Using objective criteria, it is relatively easy to determine which companies are worthy of open credit terms and which are not. There is a challenge, however, with the 20 to 30 percent of credit decisions that fall in between.

Credit Scoring 130

Credit Scoring Credit Application Bad Debt Credit Risk 130

Due

MARCH 30, 2023

You can help your relatives immensely by setting up an estate plan now, regardless of who you are. Essentially, whatever you own makes up your estate. These assets could be: Any property your own Whatever money you have in a bank account Stocks, bonds, and mutual funds invested through a taxable brokerage account A Roth IRA Your prized vinyl, stamp, coin, or art collection Having a say in how your estate is distributed is essential to your estate planning.

Brokerages 115

Brokerages Credit and Collections 115

incfile

MARCH 27, 2023

More and more people are dropping out of the traditional workforce to go it alone, start a solopreneur business and become their own boss. But before we dive into the ins and outs of starting your solopreneur business, let's first cover the basics.

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RMAi Blog

MARCH 31, 2023

March 31, 2023 (Sacramento, CA)  – Receivables Management Association International (RMAI) provides a digital consumer resource for financial success: FinancialLiteracy.Rocks ( [link] ). RMAI is committed to protecting consumers and helping them reach their financial goals, manage debt, and create a stronger economic future for themselves one financial decision at a time.

Credit and Collections 130

Credit and Collections Credit Scoring 130

FundThrough

MARCH 28, 2023

As small business owners and entrepreneurs ourselves, we know how important it is to thoroughly explore a way of funding your business before you try it. Which is probably how you landed on this page, looking for an invoice factoring example. Fear not! Invoice factoring is what we do… but not only that, we help […] The post Invoice Factoring Examples: 3 Ways It Can Work appeared first on FundThrough.

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Small Businesses 98

Plooto

MARCH 27, 2023

Optimizing cash management contributes to positive cash flow, effective working capital , and robust financial health. By optimizing their cash flow , businesses can accurately forecast their cash inflows and outflows, maintain sufficient cash for purchases, plan intelligently for capital expenditures, and take advantage of business and investing opportunities.

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RMAi Blog

MARCH 31, 2023

On March 23, 2023, Utah Governor Spencer Cox signed into law Senate Bill 127 which amends the state’s data breach notification statutes. The amendments go into effect May 2, 2023. The amendments include: A requirement that following a breach of system security, if the investigation reveals that the misuse of personal information relating to 500 or more Utah residents has occurred or is reasonably likely to occur, the breach notification must be provided to the Attorney General and the Utah Cybe

Cybersecurity 100

Cybersecurity 100

Chaser

MARCH 29, 2023

Managing cash flow is crucial for any business, regardless of size or industry. One of the key factors that can impact your business’s cash flow is the time it takes for your customers to pay for the goods or services you’ve provided. That’s where Days Sales Outstanding (DSO) comes into play.

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Days Sales Outstanding DSO 97

ForwardAI

MARCH 28, 2023

Inflation can be a significant challenge for businesses of all sizes and industries. As prices of goods and services rise, companies must navigate the potential impacts on their revenue and expenses. However, there are smart strategies that businesses can use to maintain their financial health and even take advantage of an inflationary period. Below, our CEO Nick Chandi and 13 other Forbes Finance Council members recommend some effective methods for staying afloat in the midst of inflation.

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Credit Management Group UK

MARCH 28, 2023

Issues for cash flow in recruitment SMEs within the UK are owed billions in late payments; this is an issue that is affecting all industries, in businesses of all sizes and is likely to continue for as long as businesses continue to provide credit. Recruitment companies are particularly prone to issues regarding late payment and invoice disputes, to the detriment of the cash flow of a business, therefore steps need to be taken to reduce the risk of these issues.

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Invoice Disputes Credit and Collections Credit Management 88

RMAi Blog

MARCH 31, 2023

On March 28, 2023, Iowa Governor Kim Reynolds signed into law Senate File 262 , making Iowa the sixth state to enact comprehensive consumer data privacy legislation. The other states are California, Virginia, Colorado, Utah, and Connecticut. The law will take effect January 1, 2025. The law is considered favorable since it exempts financial institutions and data subject to the Gramm-Leach Bliley Act (GLBA).

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Accounting Department

MARCH 29, 2023

Considering the need for a financial controller for your business? To help you solidify the decision, learn more about the duties of a financial controller and the benefits of partnering with an outsourced client accounting services (CAS) provider to make it even easier!

Small Businesses 85

Small Businesses 85

Waystar

MARCH 28, 2023

This is the fifth post in a new Waystar blog series: 7 steps to sharpen your healthcare revenue cycle. Can’t wait for a new blog each week? Download the eBook to learn 7 steps for maximizing your healthcare RCM software. Intelligent automation in healthcare has grown quickly in recent years. While some organizations had to put it off to address other priorities, staffing shortages driven by the Great Resignation have made that impossible.

Transactions 84

Transactions 84

Due

MARCH 26, 2023

In the past three years, we saw how life could be fleeting and brittle, just like a thread. In the wink of an eye, it may break or shred when we least expect it. Indeed, life is too short to spend on our stressful nine-to-five jobs or risky businesses. The unprecedented events that have transpired showed nothing was wrong with exploring everything the world has to offer.

Brokerages 80

Brokerages Deductions Credit Unions Transactions 80

Enterprise Recovery

MARCH 31, 2023

The results are in. After a 6-month trial of over 60 companies in the United Kingdom, nearly every company in the pilot study has chosen to continue a four-day workweek. Company revenue stayed roughly the same during the trial but showed a 35% increase compared to similar periods in previous years. Most importantly, employee turnover was reduced by 57% with reports of improved well-being, better work-life balance, and reduced stress.

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Abrigo

MARCH 31, 2023

NCUA expectations for credit unions post-CECL adoption The NCUA's focus on risk, especially credit risk, has implications for credit unions instituting CECL this quarter. You might also like this webinar: "CECL implementation FAQs: Progress as 2023 approaches" listen Takeaway 1 The National Credit Union Administration emphasized interest rate, liquidity, and credit risk as main concerns.

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Credit Unions CECL Credit Risk Credit and Collections 78

Accounting Department

MARCH 30, 2023

As a business owner, there are many tasks that you need to handle to ensure the smooth running of your operations. Among these tasks, bookkeeping is perhaps one of the most critical yet time-consuming on the list. Keeping financial records organized and up to date is essential for making informed business decisions , yet it can be quite overwhelming, especially if you don't have a background in such an area.

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Credit Management Group UK

MARCH 31, 2023

We hope this blog finds you well. If there is anything you would like to see more of in our round ups from more Credit Management Hints & Tips to help on E-learning webinars let us know: COMMERCIAL CREDIT MANAGEMENT Business confidence hits 10-month high Business debt levels increase by 61% SMEs owed an average of £250k in late payments Number of business sectors in growth mode hits 10-month high REGULATION & COMPLIANCE Increased business running costs top business concerns March data sh

Credit Management 77

Credit Management 77

Due

MARCH 31, 2023

Careful scrutiny of your retirement plans requires you to factor in annuities to balance your investment portfolio. Annuities remain reliable investment vehicles to generate a guaranteed income post-retirement. Meticulously planned annuities often replicate monthly paychecks that reflect in the form of salary amidst rising interest rates. Where Will I Start With My Annuities?

Insurance Companies 75

Insurance Companies 75

Abrigo

MARCH 30, 2023

P2P fraud can be difficult to detect Knowing how criminals avoid detection can help minimize losses at your financial institution. Would you like other articles like this in your inbox? This article was written by Olivia Boyer, CAMS & Joann Millard, CAMS, of Abrigo Advisory Takeaway 1 P2P payments move from one individual account to another digitally, and they are becoming more commonplace.

Transactions 78

Transactions Cybersecurity 78

Cpcmcredit Blog

MARCH 31, 2023

This is Viv the spiv, who actually exists. In fact he is an act which must be welcome fun at certain events but believe it or not, with the addition of a eighties blow wave haircut to go with the cheesy smile and worst of all, the pocket handkerchief, he’s a disturbing close likeness to a business development manager I met from a major lender. It baffles me that a lender can seriously believe that the average business owner is going to be impressed by such tacky image.

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CreditStrong for Business

MARCH 31, 2023

FHA and conventional loans are two of the most popular financing options for would-be homebuyers. However, there are significant enough differences between the two that one is often a noticeably superior option for an individual’s circumstances. Here’s what you should understand about the FHA vs. conventional loan programs to determine which one makes the most sense for you, including their qualification requirements, potential costs, and financing limitations.

Credit Scoring 59

Credit Scoring Credit Unions Default Transactions 59

Due

MARCH 28, 2023

The U.S. has gone through massive crises that put a lot of households and businesses at rock bottom. It’s been over a decade since the Real Estate Bubble and the Great Recession. Yet their impact has been unforgettable. These are only two unforeseen events that sparked a surge of bankruptcies. And roughly a year before the pandemic, millions of Americans struggled to recover.

Bankruptcy 75

Bankruptcy Brokerages Deductions Transactions 75

GoCardless

MARCH 31, 2023

BizCover’s Justin Goldberg explains why a rock-solid global reputation and a simple integration with Chargify made GoCardless the only choice for collecting its strategically important Direct Debits

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tillful

MARCH 31, 2023

Startups have unique needs, and thus, require tailored solutions in the way of credit cards, financial software, and financing products. We’re going to walk through our top credit cards for startups, and how we chose them. How we’re defining “startups” For the purposes of this article, we’re defining “startups” as those that are either currently equity-backed (through a venture capital firm, private equity firm, coin raise, or similar) or are considering equity funding in the future as their pri

Small Businesses 52

Small Businesses Credit Scoring Transactions 52

CreditStrong for Business

MARCH 29, 2023

You’ve been scrolling through Zillow and Redfin looking for the perfect place and now you’re ready to find out what it takes to qualify for a mortgage. You know your credit score plays a big part in this but what about your credit history, debt to income ratio, additional assets, and employment status? Find out what you need to get a handle on and what the best mortgage options might be for you.

Credit Scoring 59

Credit Scoring Bankruptcy 59

Due

MARCH 27, 2023

I’m sure that you’ve heard the old saying, “don’t put all your eggs in one basket.” Basically, it means don’t keep all your valuables in one place. In the event that you do and your basket is damaged, you’re out of luck. The same is true for your investments. A retirement portfolio that consists entirely of stocks, bonds, or another commodity or asset class will suffer if something happens to the value of that particular investment.

Brokerages 69

Brokerages 69

GoCardless

MARCH 31, 2023

What I’ve learned from a career fighting chargeback fraud

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Lendio

MARCH 31, 2023

Researching how to get a government loan to start a business? Or have you heard that government business loans have some of the best rates? Government business loans do come with competitive rates, and some of them can even be used to cover startup costs. In fact, a government business startup loan may be the capital solution you’ve been looking for.

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Default Credit Unions Small Businesses 52