Your Virtual Credit Manager
DECEMBER 3, 2024
Business customers often use their credit lines with suppliers as a form of financing similar to a bank loan. Trade credit, provides several advantages and functions in ways that can mimic traditional banking services, such as a line of credit or revolving bank loan. By using supplier credit lines, businesses can maintain operational efficiency and flexibility.
Enterprise Recovery
DECEMBER 6, 2024
B2B debt collection requires an understanding of effective strategies to mitigate delinquent accounts. This process involves implementing proactive measures so businesses can avoid issues such as unclear credit policies, inadequate communication, and poor documentation practices. Also, technology and professional debt collection services can enhance the ability to recover outstanding debts and maintain healthy financial operations.
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Abrigo
DECEMBER 2, 2024
This article covers these key topics: Holiday risks: Thieves target checks in the mail Financial institutions can educate customers about holiday check fraud A staff refresher on check fraud red flags will help Check fraud detection software, collaboration, and reporting are crucial Check fraud risks during the holiday season Holiday check fraud puts financial institutions and their customers or members at risk.
Accounting Department
DECEMBER 3, 2024
Join AccountingDepartment.com in supporting the research, funding and treatment for rare diseases and Alternating Hemiplegia of Childhood.
Due
DECEMBER 5, 2024
Credit spreads, widely considered a reliable indicator of economic health, have been at their lowest levels since the 1990s economic boom. These spreads are a crucial measure of market confidence and economic stability, offering valuable insights into potential future market movements and recession risks. Understanding Credit Spreads Credit spreads represent the additional interest rate corporations must pay above the risk-free rate when borrowing money.
Gaviti
DECEMBER 5, 2024
Many businesses can significantly improve their cash flow by implementing more effective strategies for collections, including adopting more strategic approaches to accelerate B2B payment of invoices. One of the simplest yet most overlooked ways to enhance invoice collection is by taking a proactive approach to sending payment reminders to ensure timely follow-ups and encourage prompt payments.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
Accounting Department
DECEMBER 5, 2024
In 2025, small and medium-sized businesses (SMBs) face a rapidly changing economic landscape. From navigating inflation and supply chain disruptions to adopting new technologies and meeting rising customer expectations, business owners have a lot on their plates.
TreviPay
DECEMBER 3, 2024
The IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 is your guide to navigating the rapidly evolving A/R landscape. This comprehensive report evaluates providers in A/R automation, offering valuable advice for technology buyers. Understanding Accounts Receivable Challenges and Opportunities Unlock actionable insights to help your business: Embrace Automation: Learn how today’s solutions improve efficiency and reduce manual tasks Enhance Scalability:
Emagia
DECEMBER 3, 2024
In today’s fast-paced business landscape, companies are constantly looking for ways to improve efficiency, reduce costs, and optimize working capital. The Emagia Autonomous Finance Platform is a cutting-edge solution that helps organizations achieve these goals by automating and streamlining critical financial processes, particularly in the Order-to-Cash (O2C) cycle.
aptic
DECEMBER 5, 2024
Like everything else in today’s fast-moving market, loan finance has become digitised. Today’s banks and lenders are moving away from traditional manual loan processes to modern loan origination systems (LOS) to meet customer and market demands for efficiency, accessibility and transparency. Managing the entire loan process in a digital platform brings many benefits, but also challenges.
Onguard
DECEMBER 5, 2024
While fewer than 20% of strategic decisions currently leverage AI in the Dutch finance sector, this figure is projected to surge to nearly 50% within the next five years. This is according to the latest Deloitte CFO Survey , based on a sample of over 130 Dutch CFOs from various sectors. The popularity of AI has surged with tools like ChatGPT, highlighting its ability to streamline work processes for some time now.
TreviPay
DECEMBER 4, 2024
OVERLAND PARK, Kan., December 4 , 2024 — TreviPay , the most-trusted B2B payments and invoicing network, today announced it has been named a Major Player in the IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 Vendor Assessment 1. TreviPay was one of the 14 vendors with a SaaS or cloud offering to be evaluated for their accounts receivable (A/R) strategy and capabilities.
Emagia
DECEMBER 3, 2024
Emagia is a leading provider of Autonomous Finance Solutions, designed to revolutionize and modernize the way enterprise finance teams operate, particularly in the Order-to-Cash (O2C) cycle. For the Office of CFO, Emagia offers a highly scalable transformative platform that is powered by generative artificial intelligence, machine learning, advanced analytics and cloud technologies to drive highly intelligent self-driving touchless finance operations delivering exponential excellence.
Chaser
DECEMBER 4, 2024
Cash flow is the lifeblood of any business and, to ensure liquidity, businesses often need to borrow over the short time. However, a lack of collateral can often make that difficult, especially for newer companies.
GoCardless
DECEMBER 3, 2024
Using bank transfers, cards, or cash? Here's how to swap to GoCardless instead.
CreditStrong for Business
DECEMBER 6, 2024
Business lines of credit are one of the most versatile types of business financing. Theyre similar to credit cards in many ways, but their credit limits are often many times higher and interest rates much lower. Because you can draw on them at any time, they can help cover operational expenses in periods of thin margins or low revenues. If youd like to apply for an account, heres what you should know about the typical business line of credit requirements.
Emagia
DECEMBER 4, 2024
In today’s fast-paced business world, managing financial operations efficiently is critical for companies that deal with high transaction volumes, complex payment cycles, and diverse customer bases. The Emagia Autonomous Finance Platform offers a game-changing solution, helping businesses across industries automate and streamline their finance operations while improving cash flow and reducing costs.
Chaser
DECEMBER 4, 2024
Accounts receivable management is a critical aspect of financial management that involves the efficient handling of unpaid invoices, payments, and customer relationships. It plays a crucial role in ensuring timely collection of outstanding payments, maintaining healthy cash flow, and preserving customer satisfaction.
Due
DECEMBER 2, 2024
Gen Digital Inc. (previously registered as Symantec Corp.) is the subject of a $55.1M court settlement for overcharging the United States government. The resolution to settle False Claims Act (FCA) allegations against the Tempe, Arizona-based company was achieved through a coordinated effort of law enforcement and government regulators. The Civil Division’s Commercial Litigation Branch, Fraud Section, and the U.S.
lsq
DECEMBER 2, 2024
ORLANDO, Fla. (December 2, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently originated a $30 million accounts receivable credit facility for a New York-based staffing company. As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management.
Emagia
DECEMBER 3, 2024
In today’s fast-paced business landscape, companies are constantly looking for ways to improve efficiency, reduce costs, and optimize working capital. The Emagia Autonomous Finance Platform is a cutting-edge solution that helps organizations achieve these goals by automating and streamlining critical financial processes, particularly in the Order-to-Cash (O2C) cycle.
CreditStrong for Business
DECEMBER 6, 2024
People tend to associate credit scores primarily with lenders and credit accounts, but landlords often pull your credit report when you apply for an apartment too. Your credit history is one of the primary factors they use to assess the likelihood that youll keep up with your rent. If they see you have a habit of missing your monthly debt payments, theyll be less likely to lease their property to you.
SSI Healthcare Rev Cycle Solutions
DECEMBER 6, 2024
Protect Your Revenue Cycle: Understanding the 3-Month Grace Period Mandate Home / December, 6 2024 Author: Heather Dunn, MBA, CHFP, CRCR, EHRC, President, The SSI Group, LLC (SSI) The healthcare landscape constantly evolves, and new regulations can often mean significant challenges for patients and providers. One of the latest changes involves a three-month grace period for health insurance premium payments , which has serious implications for providers working with patients covered under Market
lsq
DECEMBER 4, 2024
ORLANDO, Fla. (December 4, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently originated a $30 million accounts receivable credit facility for a New York-based staffing company. As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management.
Emagia
DECEMBER 3, 2024
Introduction to Credit Limits A credit limit is the maximum amount a lender permits a borrower to use on a credit account, such as a credit card or line of credit. This ceiling is established based on various factors, including the borrower’s creditworthiness, income, and overall financial health. Understanding your credit limit is crucial, as it influences your spending capacity and impacts your credit score.
Commercial Credit Group
DECEMBER 2, 2024
When it comes to obtaining equipment for your growing business, you have some options for procurement - rent, buy, or rent with an option to purchase (typically known as a rental purchase option or RPO). Oftentimes companies aren't sure of a long-term need for equipment, or sometimes they don't have cash on hand for a down payment, so renting is the best option.
Due
DECEMBER 3, 2024
Two United States healthcare staffing companies have been instructed to repay employees $2.4 million in back wages. The companies are based in Massachusetts and Pennsylvania and specialize in recruiting workers for the healthcare sector. The court action was entered in the U.S. District Court for the District of Massachusetts against Gate Solution Systems Inc. of Malden, Massachusetts, and Healthcare Services Group Inc. of Bensalem, Pennsylvania.
Know-It Global
DECEMBER 3, 2024
Welcome to the month of December! The year is almost over…we can’t believe it! Check out what we’ve been up to in November! St Andrew’s Day Celebrations As a proud Scottish business, we celebrated St Andrew’s Day at the Know-it and Darcey Quigley offices! We enjoyed some fine Scottish delicacies including mini rolls and square sausage, haggis, neeps and tattie pies and shortbread!
Emagia
DECEMBER 3, 2024
Introduction to Overpayments An overpayment occurs when an individual or entity receives more funds than they are entitled to, necessitating repayment of the excess amount. Understanding the causes and implications of overpayments is crucial for both payers and recipients to manage and rectify these situations effectively. Common Causes of Overpayments Overpayments can result from several factors: Administrative Errors: Mistakes in data entry or processing can lead to incorrect payments.
Waystar
DECEMBER 6, 2024
Generative AI in healthcare payments is top of mind for revenue cycle leaders. In a recent study , 90% say they plan to invest further in AI soon. But how many RCM professionals fully understand how AI and gen AI impact healthcare payments? Its okay if you dont! said Chris Schremser, Waystars Chief Technology Officer, at the 2024 Waystar True North client conference.
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