Sat.Aug 13, 2022 - Fri.Aug 19, 2022

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What does risk-based CDD mean for your BSA program?

Abrigo

Joint s tatement emphasizes understanding a customer’s risk profile for BSA/AML An individualized, risk-based CDD approach is best when it comes to creating your BSA program protocols. You might also like this webinar, "Balancing compliance risk & reward with high-risk businesses." WATCH . Takeaway 1 Regulators recently reminded financial institutions to have risk-based customer due diligence ( CDD ).

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Where to Find Working Capital Loans for Your Small Business Needs

Beyond Capital Blog

Working capital loans options for small business financing can help you cover bills and expand your operations. Here’s our guide to how they work. The post Where to Find Working Capital Loans for Your Small Business Needs appeared first on Fast Capital 360.

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8 Steps to Optimize Your Procurement Processes

The Corcentric Blog

If your organization is still using legacy manual and paper-based processes, your ability to streamline, increase efficiency, and reduce costs will be unnecessarily hampered.

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4 Ways Multiple Financing Options Can Help Grow Your Business

Headway Capital

Running a business is full of challenges, and growth can add new ones. Adequate funding helps you meet every opportunity. The post 4 Ways Multiple Financing Options Can Help Grow Your Business appeared first on Headway Capital Blog.

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How to Use a Personal Credit Card for Business: Full Guide for Beginners

The Red Spectrum

You are starting or growing your business, and the first question is naturally – credit. Can you use your credit card to start your business? Should you, what are the best practices, and how does it affect your business and credit score ? And what are the benefits of opening a business credit card instead? Let’s dive in with the main info right away.

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4 Ways Multiple Financing Options Can Help Grow Your Business

The Business Backer

Running a business is full of challenges, and growth can add new ones. Adequate funding helps you meet every opportunity. The post 4 Ways Multiple Financing Options Can Help Grow Your Business appeared first on The Business Backer.

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Compassionate communication

Waystar

Boost patient loyalty + payments by going back to the basics Patients often find their medical billing experience confusing and frustrating, especially around understanding what they owe and why. Fortunately, this is solvable with technology, communication and compassion. Technology can help healthcare organizations communicate to patients about the cost of services earlier and make billing easier.

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Complete Guide on Net 30 Vendor Account Terms: Beginner Edition

The Red Spectrum

You keep hearing about net 30 vendor accounts. You want to open a net 30 vendor account, but you don’t understand all the terms? Let’s get that together. In this article, you’ll find out everything you need to know before you start applying for a net 30 vendor account. Now, what exactly is a net 30 vendor account? What are the definitions of every word?

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Infographic: Get Out of the Denial Danger Zone

SSI Healthcare Rev Cycle Solutions

Infographic: Get Out of the Denial Danger Zone. Positioning Your Organization to Win at Denial Management. August 17, 2022. With claim denials on the rise and nearing the “danger zone” at many hospitals, it’s important to leverage all the tools available to help you identify, manage, and ultimately prevent as many denials as possible.

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How to Prepare Your Business for a Recession

Beyond Capital Blog

Small business owners, what can you do to get through a recession? Discover ways to manage your business through an economic downturn and come out ahead. The post How to Prepare Your Business for a Recession appeared first on Fast Capital 360.

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Semiconductor Push Tapping Global Expertise & Providing Infrastructure Can Make Chip-Making the Ramp for India’s Manufacturing Growth

MNS Credit Management Group

Introduction. It has been announced by the government of India about Digital India project in 2014, which consists of nine “pillars.” While much of the attention in its formulation was on issues related to e-governance, electronics manufacturing was one of the many pillars. It’s taken a long time, but there’s finally a chance for significant progress.

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Net 30 Payment Terms: Learn How to Master Net 30 Terms

The Red Spectrum

The term “net 30” is one of the most common payment terms in the US. In short, it’s a payment period. This means that a customer has 30 days to pay the total amount of their invoice. There are other common net terms, such as net 60 and net 90. But are net 30 payment terms ideal for your business and should you open a net 30 vendor account ? In this article, you’ll find out everything about: Net terms.

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How to Acquire Assets for Your Company

Team Financial Group

Company growth and sustainability require investment. Among the best investments are specific items a company owns, called assets, that generate revenue. Selecting assets and determining the best way to pay for them can be complicated, however. Even if you know a certain piece of equipment or technology will greatly increase productivity, that doesn’t mean the money for that asset magically appears.

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Lockstep Acquisition: A Letter from Peter Horadan

Lockstep

The Lockstep team has been on quite a journey over the past 3 years, and the next stage of our journey is arguably the most exciting. I am pleased to share that Lockstep has agreed to become part of Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs). Lockstep’s products are highly complementary to Sage’s existing solutions and strategy and will support Sage’s commitment to making business flow by improving the efficiency of accounting

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Mandatory B2G e-Invoicing Across Europe in 2022

The Corcentric Blog

Business-to-government (B2G) electronic invoicing comes in many different varieties, relying on different platforms to generate and receive invoices and even different methods of delivery.

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10 Best Net 30 Vendor Accounts to Build Your Business Credit

The Red Spectrum

You’re looking to get a net 30 vendor account and start building your business credit? You’ve come to the right place. Today, you’ll learn about the 10 best net 30 vendors. Net 30 vendor accounts are used by businesses to build their business credit, increase cash flow, and secure the funding their business needs to get everything up and running. .

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What Makes A Restaurant Successful

Credibly

When you opened your restaurant you had big dreams and a plan. Then there was a change in the market and perhaps your plan went astray. It happens. Actually, it happens all the time. Many restaurant owners get stuck during those challenges. They lose their faith and become prey to self-doubt. Operating a restaurant is hard work, but success is definitely possible with the right attitude and a good game plan.

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Check Out These Startup Loans for New Entrepreneurs  

Skogen Capital Lending

If you are a new entrepreneur, get your business off the ground with startup loans. But will lenders approve new companies or brands? Consider these viable startup loans for new entrepreneurs: Conventional Loan. Term loans from banks or conventional lenders are perhaps the most common type of loan that new entrepreneurs apply for. These are designed with affixed amounts over an agreed-upon term with interest added accordingly.

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Invoice Processing: Best Practices for Eliminating Costly Errors

apruve

As companies have become more nimble in the post-pandemic digital environment, invoice processing has taken on additional importance. This Accounts Payable (AP) function is essential for helping businesses manage budgets and cash flow to optimize enterprise spending and investing. More than half (57%) of accounting and financial professionals say their biggest AP challenge this year is the slow pace of invoice approvals.

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Straight-through processing banking

GoCardless

Learn about straight-through processing banking.

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What Makes A Restaurant Successful

Credibly

When you opened your restaurant you had big dreams and a plan. Then there was a change in the market and perhaps your plan went astray. It happens. Actually, it happens all the time. Many restaurant owners get stuck during those challenges. They lose their faith and become prey to self-doubt. Operating a restaurant is hard work, but success is definitely possible with the right attitude and a good game plan.

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Revolving Credit Simplified: The Basics, Benefits, and Examples

CreditStrong for Business

Revolving credit is popular with many consumers because of its flexibility. Commonly available through credit cards, revolving credit can be used to finance a broad range of purchases, and provides payment flexibility: it allows you to pay the full balance, a minimum balance due on the account, or an amount in between each month. Additionally, open revolving lines of credit benefit your credit profile even when you’re not holding a balance on it.

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ProHacks: 3 Ways to Apply Empathy for a Better Consumer Experience

Professional Credit

Did you know that consumer satisfaction and recovery rates are linked? Studies have shown that simply extending empathy has the power to nearly double collection rates. Join Professional’s Vice President of Sales, Lisa Kirk, for the 3 ways to apply empathy for a better consumer experience. Watch now … Our services are focused on positive consumer interactions.

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Global cash visibility and its importance

GoCardless

A simple guide to global cash visibility and your global cash position.

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Business Loan Document Requirements: Everything You Need to Know

Credibly

Table of Contents Documents Needed for Business Loan Balance sheet Personal and business credit report Income tax returns Business plans Cash flow forecast Financial statements Proof of collateral Documents for Business Loan – Are They Really That Important? How the Required Documents for Business Loans Change Depending on Your Lender Getting a small business loan can seem daunting and complex – but it doesn’t have to be.

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The Sage Group Signs Deal to Acquire Connected Accounting Leader Lockstep®

Lockstep

Lockstep Will Join Accounting Leader to Further Automation of Workflow Between Companies. Seattle, WA – August 15, 2022 — Lockstep , the leader in connecting the world’s accounting teams, today announced it has signed an agreement to be acquired by The Sage Group plc (FTSE: SGE), the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses.

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What is composable commerce?

GoCardless

A simple guide to composable commerce and how it can help your business to grow.

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Business Loan Document Requirements: Everything You Need to Know

Credibly

Table of Contents. Documents Needed for Business Loan. Balance sheet. Personal and business credit report. Income tax returns. Business plans. Cash flow forecast. Financial statements. Proof of collateral. Documents for Business Loan – Are They Really That Important? How the Required Documents for Business Loans Change Depending on Your Lender.

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Payee vs payer definition

GoCardless

Learn the definition of payee vs payer on GoCardless.

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A guide to payment UX best practices

GoCardless

A simple guide to payment UX best practices and why they matter

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