Sat.Mar 23, 2024 - Fri.Mar 29, 2024

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Are You Secure?

Credit Research Foundation

The sounds of market risk continue to be played through many channels of communication, and the credit professional needs to manage and mitigate these threats to protect the organization’s major asset – its accounts receivable. So, the question is: What are credit professionals doing about it? The folks from NCS Credit, Jerry Bailey and Alec Papesch, shared their view of both the current economic landscape and the finer points of utilizing UCC filings and Mechanics Liens to secure your accounts

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Embracing the unknown: understanding faith

Due

In life’s grand adventure, pivotal moments demand we step beyond the familiar confines of our comfort zones. These are the instances when we’re summoned to leap of faith. Here, faith isn’t a religious notion — but a universal principle that surpasses all limitations. Understanding the leap of faith It’s the belief in the unseen, the conviction in the unknown, and the trust in life’s process.

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Is Your Small Business Profit Margin Good?

Lendio

Quick—when was the last time you calculated your business’s profit margin? If you answered “Last week,” excellent! And if you don’t remember, you’re probably way overdue. But were your numbers good or bad? Every company is unique, so the yardstick you measure your profit margins against isn’t the same one your neighbor uses. What’s considered a “good” range varies across industries—restaurants average a slim 6–8 %, whereas the advertising and public relations industry averages

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Streamlining Financial Processes: The Impact of Client Accounting Services on Efficiency

Accounting Department

Efficient financial processes are essential for the success and growth of any business. However, managing tasks like invoicing, payroll management, and financial reporting can be time-consuming and complex, diverting valuable resources from core operations. This is where client accounting services come into play. In this blog post, we will explore how client accounting services (CAS) streamline financial processes for businesses, highlighting the benefits of outsourcing accounting functions to i

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Get Paid Faster With These Six Credit Management Tricks

Credit Management Group UK

Getting paid on time is an ideal situation for any business that offers credit to their customers; but unfortunately this is not the case for many businesses throughout the UK. Late payment can, at times, be done in all innocence but others will provide spurious excuses as to why you have not received payment, or just completely ignore you. Late payment from customers may seem like it is unavoidable, and it will be at times, but using small, simple tricks can make a massive difference.

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The Two Investments That Made Me a Multi-Millionaire (And You Can Make it Too!)

Due

I am often asked about my journey as a financial educator who aims to help people build wealth outside of the traditional system. Specifically, what were the critical decisions that led me to this point? Success doesn’t follow a one-size-fits-all formula. I can, however, say that two crucial investments led me to becoming a multimillionaire. One is pretty common, and one may surprise you.

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Social Media Strategies for Business Growth in the Digital World | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

We are thrilled to announce that Episode 15 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

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How to Manage Customer Expectations and Build Lasting Relationships

biz2credit

In this article: What are customer expectations? Types of expectations customers have Effective strategies for managing customer expectations Meet and exceed your customers’ expectations effortlessly Customers have a set of expectations they bring to the brands they engage with. It may be the anticipation of prompt service, the quality of the products, or even a … Continue reading "How to Manage Customer Expectations and Build Lasting Relationships" The post How to Manage Customer Expectat

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Oxfam’s latest research says corporate America is fueling inequality

Due

In a recently released research document, Oxfam stated that major United States companies contribute to global inequality. The charity said, “The largest US corporations have been driving the inequality crisis, actively concentrating power and money in the hands of wealthy CEOs and shareholders while limiting the power of workers, influencing our politics, avoiding taxes, and accelerating climate change.

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Switching accountant – you can kiss a lot of frogs

blue dot counseling

A bad accountant is like a KGB sleeper agent. Causes a lot of trouble and you don't know about it until it's too late! The post Switching accountant – you can kiss a lot of frogs appeared first on Blue Dot Consulting.

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Mastering Cash Reconciliation: Process, Best Practices, and Automation Tips

Accounting Department

Balancing the books in any retail enterprise can be a nerve-wracking task. For small business owners and retail managers, ensuring that cash in the register matches the sales receipts is not just about maintaining financial accuracy – it's the linchpin of trust in your business and a crucial safeguard against fraud or operational errors. This comprehensive guide takes you through the intricate yet critical process of cash reconciliation, offering you a clear path to financial vigilance, operatio

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A Definitive Guide to Funding Your eCommerce Business

biz2credit

In this article: How the eCommerce business model works Debt financing options for eCommerce businesses Alternative financing options for eCommerce businesses Equity financing options for eCommerce businesses How Biz2Credit helps eCommerce brands get funding The eCommerce industry has seen unprecedented growth over the last few years. And as experienced during the COVID-19 pandemic, more … Continue reading "A Definitive Guide to Funding Your eCommerce Business" The post A Definitiv

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Fisker’s financial future takes a spin after automaker pulls out of share talks

Due

Fisker, the California-based automotive electric vehicle (EV) start-up, has encountered a twist in its finance share saga. An unnamed automotive company has stepped out of major share talks, leaving the company’s future unknown. Fisker’s share talks collapse Fisker’s Newsroom released a statement last week , stating the company “is in continuing negotiations with a large automaker for a potential transaction to develop EV platforms and to manufacture in the US.

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Will Altice France’s Shareholder, Drahi, Risk Losing Equity

Reorg Blog

Altice France could use the relatively new French restructuring tools to implement a debt impairment to its capital structure if a consensual deal cannot be reached, however, features of the Accelerated Safeguard (AS) process mean that majority shareholder Patrick Drahi could risk losing his equity stake.

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Is accounts receivable a debit or credit? (Explanation and examples)

Plooto

Understanding accounts receivable (AR) is crucial for your company's finances. Efficiently managing your AR can help you manage your cash flow and ensure you don't lose out on cash.

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Tax relief is fine – but don’t put the tax cart before the business horse

blue dot counseling

It also reminded me that it can be daft to make decisions primarily for tax reasons. Putting the tax cart in front of the business horse is the wrong way to run a business. The post Tax relief is fine – but don’t put the tax cart before the business horse appeared first on Blue Dot Consulting.

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The 15 Best Books on Tax Planning

Due

Taxes. Even the most organized of individuals feel shivers when they hear the word. However, if you have the proper knowledge and guidance, you can navigate the complexities of tax planning smoothly and effectively. This blog post reviews the top 15 books on tax planning to help you optimize your tax situation, minimize your tax burden, and achieve your financial goals.

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Intrum Bondholders Split as Front-End Holders Form Second Group

Reorg Blog

Swedish debt collector Intrum’s bondholders have split into two groups, with investors across the 2024 and 2025 notes forming a front-end group and lining up Weil Gotshal & Manges as legal advisor, sources told Reorg. The move follows the appointment of Latham & Watkins as counsel to the originally single bondholder group on Friday, March 22.

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How does accounts payable affect cash flow? What to know

Plooto

Your accounts payable and cash flow are closely intertwined. As you pay off your accounts payable or increase your accounts payable with credit purchases, your cash flow is being affected.

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What Are KPIs?

Lendio

Key performance indicators (KPIs) are data that measure how effectively a business is progressing towards a strategic business objective. These measurements can reveal how well teams or the business as a whole are performing over a specific time period. The late Peter Drucker—father of modern management—once said that “[i]f you can’t measure it, you can’t improve it.

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Do You Need Credit Even After You Retire?

Due

After decades of work, you may be ready to put your credit profile to rest. Who needs credit after they retire? You do—you need credit even after you retire. There are multiple reasons, and we will discuss them right here. Why Credit is Important, Ever For starters, let us go back a couple of years (not much more than that, right?) to your teenage years.

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H&H’s 7.5% CNH Bond Pricing Slightly Below Swapped Due’26s

Reorg Blog

HKEX-listed nutrition and supplements company Health & Happiness (H&H) International Holdings Ltd., or H&H, announced a pricing of 7.5% for its CNH 500 mn ($70 mn) bond due 2027, or CNH 500M Due’27s.

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Is accounts payable a debit or a credit? Explained simply

Plooto

Understanding the role and purpose of accounts payable (AP) is crucial for your company's financial health. Efficiently managing your AP can help you stay on top of payments and have better control of your cash flow.

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Invoice dispute management: How to protect your receivables | Chaser

Chaser

Disputes in accounts receivable processes pose significant challenges for businesses. They consume valuable time, impact financial performance, and tarnish customer experiences. With 55% of AR professionals citing dispute management as their toughest task , it's evident that effective dispute resolution is crucial for maintaining financial health and customer satisfaction.

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Decoding Buddha’s Concept of Enlightenment

Due

The Buddha, a revered spiritual figure, once proclaimed that enlightenment is the end of suffering. This profound statement has been a source of intrigue and contemplation for many, leading to many interpretations and questions. What does it mean to be enlightened? Does it imply a life devoid of pain, trials, or tragedy? Does it mean the universe will conspire in your favor while others who are not enlightened face adversity?

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Covenant Analysis: Altice France Has Significant Investment Capacity to Designate Unrestricted Subsidiaries; Sale Proceeds of Such Unrestricted Subsidiaries Not Subject to Bond Covenants

Reorg Blog

The post Covenant Analysis: Altice France Has Significant Investment Capacity to Designate Unrestricted Subsidiaries; Sale Proceeds of Such Unrestricted Subsidiaries Not Subject to Bond Covenants appeared first on Reorg.

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Accounts receivable turnover ratio: Definition, formula & examples

Plooto

The accounts receivable turnover ratio can be a helpful metric in determining the efficiency of your accounts receivable (AR) processes. The AR turnover ratio measures the number of times debts are collected from customers over a specified period.

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5 Tips for an Automated Cash Application Process

Gaviti

Increased globalization and cross-border transactions, a proliferation of diverse payment channels and methods, and rising customer expectations are creating more complex business environments for accounts receivable teams. As a result, they have increasingly turned to automated cash application to adapt to these challenges. What is Automated Cash Application?

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Understanding and overcoming judgment fear

Due

One of the most profound regrets that individuals express at the end of their lives is not having had the courage to live the life they truly desired rather than the life others expected of them. This regret is a poignant reminder of the power of societal expectations and the fear of judgment in shaping our lives. It raises a critical question: why would someone spend their entire life not living for themselves?

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Sector Insights: Anywhere Real Estate, Zillow, Redfin

Reorg Blog

Sector Insights: RE/MAX Holdings Inc., Anywhere Real Estate, Zillow Group, Redfin Corp., Real Estate Broker Antitrust Litigation.

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