Onguard

JANUARY 5, 2024

As we step into 2024, the landscape of credit management is undergoing a significant transformation. The looming issue of a Credit Manager shortage is not just a fleeting concern but a stark reality that businesses must address. This shortage poses a critical challenge for organisations, especially in the B2B sector, where effective credit management is the linchpin of financial stability and customer relationships.

Credit Management 52

Credit Management 52

Lendio

JANUARY 2, 2024

One luxury of being an employee is that you don’t have to worry much about tax planning. You can sit back as your employer withholds money from your paycheck to cover your liabilities, then use the details from your W-2 to file your tax return come tax time. As a self-employed individual, you don’t have that privilege, and your tax situation becomes a lot more complex.

Deductions 98

Deductions Small Businesses 98

Your Virtual Credit Manager

JANUARY 2, 2024

Contacting customers to pay past due amounts (collecting) is an essential element of accounts receivable (AR) management. For most firms, late customer payments are a frequent occurrence and collecting them can be a difficult task. If collections are not done properly and in an adequate frequency , your AR will age, cash flow will decrease, and the risk of bad debt loss will increase.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Credit Management 130

TreviPay

JANUARY 4, 2024

McKinsey declared this ‘ The Semiconductor Decade ’ three years in, sales of semiconductors and board level electronics soldier on despite geopolitical uncertainty. Softer demand following the supply crunches of the pandemic will ramp back up as automakers double – and triple – down on EVs. For fabs and distributors in the space, there is no better time to make sure payments technology enables design to build design cycles for buyers, offering dynamic credit lines, purchase controls and simplici

Online Credit Application 96

Online Credit Application Credit Application 96

Due

JANUARY 2, 2024

Investing can be a complex process that requires various levels of understanding to make the best decisions and optimize the potential return on investments. Four levels of investor expertise exist, each with its characteristics and investing methods. This article will discuss each level of expertise in detail, highlighting the various aspects that distinguish each level and how investors can progress from the beginner stage to the professional level.

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Accounting Department

JANUARY 4, 2024

While planning for 2024, the question of whether or not it's time to hire a financial controller may come up for many business owners. To help make that decision easier, this article explains the duties of a financial controller and the benefits of partnering with an outsourced accounting provider, rather than trying to find a controller of your own.

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Loomis Sayles Credit Research

JANUARY 3, 2024

Editor’s Note: Every year, Loomis Sayles features sector outlooks across the fixed income market. We asked experts immersed in each sector three questions that drill into key themes for the year ahead. We will share their views in a series of outlooks over the next few weeks. To set the stage, we’re starting with Craig Burelle, Global Macro Strategist, Credit, and his views on the macro backdrop in 2024. 1.

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Due

JANUARY 5, 2024

Millions of people around the world ask themselves, “Why am I poor?” In fact, poverty affects 9.2% of the world’s population , making it one of the most pressing issues of our time. As of 2022, 12.4% of Americans lived in poverty, up from 11.2% in 2021 This marks the first increase in SPM poverty rates since 2010. This is an unfortunate question that is laced with shame, frustration, and a desperate longing for more.

Bankruptcy 91

Bankruptcy Credit Card Payments 91

Accounting Department

JANUARY 4, 2024

Accounting is a critical aspect of any organization, and keeping up with the latest trends and technologies in this field is essential to ensure that businesses remain competitive and successful. As we enter 2024, there are a few key trends that business owners simply cannot ignore. In this blog post, we will explore these trends in detail, discussing how they will impact the industry and what businesses can do to stay ahead of the game.

Small Businesses 79

Small Businesses 79

Credit Management Group UK

JANUARY 3, 2024

During your years in business you are likely to come to a time when you need to make a claim against someone for non-payment. There are a number of things you can do to make sure the process runs smoothly and ensuring that you are suing the correct person is one of the most important things to get right. Although it may seem like an obvious thing to get right suing the correct entity is not always easy.

Credit and Collections 64

Credit and Collections Debt Collections Credit Management 64

Loomis Sayles Credit Research

JANUARY 5, 2024

1. Rates rode quite a roller coaster last year as the Fed aggressively hiked rates. How did the municipal market react to the rate volatility? 2023 was quite a ride for the municipal bond market—one that produced positive annual returns for the first time in nearly four years. [i] While rates peaked in October, dovish Fed messaging in December sparked another rally as investors priced in an approaching end to the Fed’s tightening cycle.

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Reorg Blog

JANUARY 3, 2024

Swedish real estate company SBB has been under the spotlight of distressed debt investors due to liquidity concerns throughout 2023. Despite some positive developments recently on property sales, repayment of intercompany loans and new equity, SBB's ability to meet its future liquidity needs remains in doubt.

Real Estate Companies 59

Real Estate Companies 59

Credit Absolute

JANUARY 5, 2024

How Payment History Affects Your Credit Score Video Summary & Highlights Payment history is the single most important factor in your credit score, accounting for 35%. Even one 30-day late payment can significantly impact your score (over 100 points) and take 9 months to recover. Late payments on mortgages take even longer to recover from […] The post Payment History: Credit Scores Broken Down – Part 1 appeared first on Credit Absolute.

Credit Scoring 52

Credit Scoring 52

blue dot counseling

JANUARY 5, 2024

none of these steps will be very effective if you don't have the people or the accounting software in your business to produce the information you need when you need it, so make sure that you have these basics right and seek help if you don't. The post Monthly management accounts – five steps to useful numbers appeared first on Blue Dot Consulting.

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Due

JANUARY 5, 2024

The global markets witnessed a significant sell-off recently, dropping around 3-4% in a week. This decline has left investors and experts pondering what could be the reason behind it. The primary cause that seems to have influenced the market is the growing pressure on shipping rates, resulting from Maersk, the world’s largest shipping company, changing its shipping route from Asia to Europe.

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Reorg Blog

JANUARY 3, 2024

The post Hilding Anders Appoints Lazard to Run Group Sale Process; Signs Agreement to Sell Russian JV; Strong November Points to FY’23 Forecast Beat But Group Expects Challenging 2024 appeared first on Reorg.

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Team Financial Group

JANUARY 5, 2024

For companies of all sizes, closing sales can hinge on eliminating customer friction – those speed bumps that can stop potential customers from buying. In business deals, friction points ranging from confusing prices to sluggish approvals can deflate conversion rates. As a business owner or key decision-maker, recognizing and mitigating these friction points is essential to fostering positive customer experiences and, ultimately, driving sales growth.

Transactions 52

Transactions 52

Chaser

JANUARY 5, 2024

Credit control is an important facet of any financial business, which can play a huge part in the success and survivability of any company. This comprehensive guide aims to delve deep into the intricacies of credit control, highlighting its pivotal role in maintaining cash flow, preventing bad debt, and ultimately steering businesses towards financial success.

Bad Debt 52

Bad Debt 52

Due

JANUARY 5, 2024

In the world of investing, there has always been a debate between stocks and real estate regarding the better investment. Over the past 50 years, real estate and stocks have been popular choices for investors looking to secure their financial future. This article will dive into the performance of both asset classes and an analysis of the costs of managing each investment and associated taxes to help you determine which could be a better choice for your portfolio.

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Reorg Blog

JANUARY 5, 2024

UPDATE 1: Wesco/Incora 2024/2026 Noteholders Affirm Opposition to Amended Plan, Question UCC Justification for Agreement to Proposal

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Biz2X

JANUARY 4, 2024

Reading Time: 3 minutes As we step into 2024, the lending landscape continues to evolve rapidly, driven by technological innovation, changing regulatory environments, and shifting market dynamics. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with.

Cybersecurity 52

Cybersecurity Credit Scoring Transactions 52

StackSource

JANUARY 4, 2024

CEO Tim Milazzo and Director of Capital Markets Huber Bongolan recently went live to share a comprehensive update on the current state of commercial real estate capital markets and a 2023 recap.

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Due

JANUARY 5, 2024

Imagine retiring decades ahead of your peers, basking in the freedom of financial independence, only to find yourself dragged back into the workforce due to costly mistakes in your early retirement planning. A chilling thought for sure! But fret not, as we unveil the top 5 common missteps that lurk beneath the seemingly perfect early retirement plan, and provide you with the strategies to fix them – setting you back on the path to a fulfilling, worry-free retirement.

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Reorg Blog

JANUARY 5, 2024

The post UPDATE 1: Wesco/Incora 2024/2026 Noteholders Affirm Opposition to Amended Plan, Question UCC Justification for Agreement to Proposal appeared first on Reorg.

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Commercial Credit Group

JANUARY 3, 2024

We sat down with CCG's President and CEO, Dan McDonough, to get his insights into this past year in order to help construction, manufacturing, transportation and waste hauling businesses make sense of the economic uncertainty, and prepare for what comes next.

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Chaser

JANUARY 3, 2024

Global business insolvencies are expected to increase by 10% in 2024 ( Allianz Trade ) and the global business landscape faced a significant setback towards the end of 2023 with an alarming 18% surge in insolvencies in October 2023, as reported by leading sources like The Guardian and Reuters. In response to this unsettling trend, Chaser has unveiled a strategic initiative aimed at reshaping the way companies secure payments in 2024.

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Due

JANUARY 4, 2024

When you think of investments to add to your portfolio, mobile home parks might not be near the top of your list. However, the land these communities sit on has the potential for profitable returns and fewer headaches than other real estate types. As an investor (and potential landlord), you don’t have as much upkeep since the residents own their homes.

Credit and Collections 52

Credit and Collections Investment Firms Transactions 52

Reorg Blog

JANUARY 3, 2024

The post Cash Flow Model: SBB Liquidity Runway Hinges on Loan Rollovers, Dividend Delay, Residential Ppty Sale; Real Estate Valued at 29% Discount to Book Results in 88% SUNs Recovery appeared first on Reorg.

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TMC Financing

JANUARY 2, 2024

Making the decision to buy your first building may be scary – but the benefits to owning far outweigh those of leasing – and the SBA 504 Program makes purchasing real estate for your business easier. While some of the benefits to owning a building may be obvious, the tax benefits of buying a building for your business are often not factored into the equation – but should be!

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Gaviti

JANUARY 2, 2024

As a CFO, you have a tremendous responsibility for the financial health of your organization, so it’s essential that you have the tools to continually measure and evaluate your company’s profit, revenue and make critical decisions related to the company’s growth. What is a Cash Flow Metric? Cash flow metrics are the standards by which CFOs measure cash flow health and accounts receivable performance.

Collection Effectiveness Index 52

Collection Effectiveness Index Average Days Delinquent DSO Days Sales Outstanding 52