RMAi Blog
AUGUST 16, 2024
On August 12, 2024, the New York City Department of Consumer and Worker Protection (DCWP) published its long-awaited amendments to the City’s Debt Collection Rule and an FAQ. DCWP has been working on revisions to this rule since November 2022. It was the subject of two public comment periods which RMAI and an industry coalition submitted detailed responses on December 19, 2022 and November 29, 2023.
Your Virtual Credit Manager
AUGUST 11, 2024
Commercial bankruptcies have been surging since mid-2022. Chapter 11 filings, used by businesses hoping to reorganize, have increased by 34 percent in the first six months of 2024 compared to last year. Chapter 7 commercial liquidation filings are up 28 percent and sub-chapter V small business elections are up a staggering 61 percent despite the filing threshold recently being cut in half.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Know-It Global
AUGUST 15, 2024
Managing accounts receivable can often feel like navigating through chaos, especially when dealing with late payments, discrepancies, and inefficiencies. However, with the right tools and strategies in place, businesses can transform this chaotic process into one of control and efficiency. In this blog post, we will explore how Know-it can help bring order to your accounts receivable process, leading to improved cashflow, stronger customer relationships, and overall business success.
Abrigo
AUGUST 13, 2024
10 good podcasts for bank & credit union execs & staff These banking podcasts discuss current events, strategic and policy issues, competition, digitalization advice, and more. And all release a new episode at least monthly. You might also like this webinar, "How to confidently navigate AI/generative AI" LISTEN Takeaway 1 An estimated 47% of Americans 12 and older listen to at least one podcast each month, Takeaway 2 With 3.4 million podcasts in the world, it can be challenging to weed
Speaker: Indy Chakrabarti, Chief Marketing Officer at HighRadius
4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor
RMAi Blog
AUGUST 15, 2024
Tampa, FL , August 15, 2024 – Inc. revealed this week that Axiom Acquisition Ventures, LLC ranks No. 2083 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
Accounting Department
AUGUST 14, 2024
In today's competitive landscape, small and medium-sized businesses (SMBs) need every advantage they can get to thrive and grow. One powerful tool that can significantly impact a company's bottom line is forecasting.
Collenda
AUGUST 14, 2024
Celebrating Financial Awareness Day: The Importance of Financial Literacy Financial Awareness Day, observed annually on the 14th of August, is a crucial initiative aimed at promoting financial literacy and encouraging individuals to take control of their financial health. At Aryza, we understand the importance of this day and are committed to fostering financial awareness and education.
RMAi Blog
AUGUST 14, 2024
RMAI is an inclusive organization that fosters the participation of a diverse group of employees from all member companies in all RMAI networking activities, educational programming, and committee service. To that end, RMAI created the Diversity Equity Inclusion Belonging (DEIB) Annual Conference Scholarship. The 2025 Annual Conference will be held at the Aria Resort & Casino in Las Vegas, Nevada, February 10-13.
Chaser
AUGUST 12, 2024
Accurate revenue forecasting is essential for effective financial planning and business growth. In fact, organizations with accurate forecasts are 10% more likely to grow their revenue year-over-year, and are twice as likely to be industry leaders ( Argano ).
Advertisement
Finance Transformation Myths Busted Over 75% of organizations struggle to define the right success metrics to benchmark the impact of their finance transformation investment. Whether you are just initiating your digital transformation journey or planning to pitch your next AI project to leadership, without the right metrics and a rigorous tracking process - all your efforts might go to waste!
Accounting Department
AUGUST 15, 2024
Accounting is the backbone of any successful business. However, many business owners, in an attempt to save costs, opt for cheaper accounting services. While it might seem like a smart move initially, it can often result in significant expenses down the line. This blog post will help you identify the warning signs that your bargain accounting service might be costing you more than you think.
Grit
AUGUST 16, 2024
eCommerce has experienced tremendous growth, with McKinsey reporting that approximately 75% of US consumers have tried new shopping behaviors since the pandemic, and most plan to continue these behaviors. This trend underscores the importance of product differentiation for eCommerce businesses on BigCommerce to stay competitive and attract customers.
RMAi Blog
AUGUST 14, 2024
In This Update We Loved Connecting at the 2024 Executive Summit! Last week, 175 executives gathered in beautiful Santa Ana Pueblo, NM for the 2024 Executive Summit. This intimate event was packed with opportunities to meet new people, connect with friends, and learn more about the latest news in the industry. This year’s Summit featured 12 education sessions and 15 networking events, including golf at Twin Warriors Golf Course, dancing and artisans at our Taste of New Mexico event, and rel
Due
AUGUST 16, 2024
A Missouri woman is facing federal charges for attempting to defraud the family of Elvis Presley. The fraud claims focus on the woman, Lisa Jeanine Findley, also known as Lisa Holden, Lisa Howell, Gregory Naussany, Kurt Naussany, Lisa Jeanine Sullins, and Carolyn Williams. According to court documents she attempted to defraud the famous family of millions of dollars and the rights to Graceland, the attraction they own.
CreditStrong for Business
AUGUST 16, 2024
Maintaining a strong business credit score is a long-term process. Yet when you’re first getting started, it may be possible to establish business credit quickly. You might be able to build business credit in 30 days or less with some business credit bureaus. But you may need to open multiple business tradelines to accomplish this goal. On-time payments are also a must if you want the credit score you earn to be positive.
blue dot counseling
AUGUST 15, 2024
Fair play - the two of them had got in touch because they knew something wasn't right and were reaching out for help. The post You can’t run a £1m business and only have your bookkeeping updated every three months! appeared first on Blue Dot Consulting.
RMAi Blog
AUGUST 13, 2024
St. Louis, MO August 12th – Credit Control, LLC (“Credit Control”) is proud to announce for the fifth year in a row, our employees have ranked us as winners in the Best Places to Work in Collections program. This is the company’s fifth time participating and the fifth time being recognized as program winners. The 2024 Best Places to Work in Collections program was sponsored by ACA International, who held an awards ceremony honoring the program winners from this year.
Chaser
AUGUST 16, 2024
Late payments cost business in the UK £1.6 billion per year and the crushing financial pressure shows no sign of letting up. Data collected by Xero shows that the cost of unpaid invoices has doubled in the last two years alone. The average payment delay is also 6.1 days past the deadline, more than double what it was in 2021.
CreditStrong for Business
AUGUST 16, 2024
You’ve been watching your FICO score like a hawk. Observing it climb from 700 to 720 to 750 with each set of improvements. Lowering utilization rates, paying off debt, cleaning up past credit mistakes – it’s difficult at times, but you’ve set a goal and you’re sticking to it. Go you! The next mountain in your sights? The 800 credit score club. If that’s your next goal, you’re probably wondering, “What can I do with a credit score of 850?
Due
AUGUST 15, 2024
A company has been urged to pay a $6.5M criminal fine to bring to a close a bid-rigging claim in the Michigan asphalt industry. Asphalt Specialists LLC pleaded guilty to conspiring with two other construction companies. Firstly Al’s Asphalt Paving Company Inc. (Al’s Asphalt) and its employees from March 2013 through November 2018. Then F. Allied Construction Company Inc.
Plooto
AUGUST 15, 2024
With challenges like inflation, labor shortages, and lack of access to capital, it’s no wonder business owners are turning to technology to alleviate rising pressures. In fact, over half of the world’s $370 billion technology spending came from SMBs , and 50% of American small business owners surveyed said they were likely to allocate more of their budgets to technology and infrastructure.
Grit
AUGUST 14, 2024
BigCommerce, a leading eCommerce platform, offers comprehensive order management software designed to streamline and optimize your business processes. BigCommerce Order Management Software offers a powerful solution for businesses looking to enhance their order processing capabilities. In this article, we will explore the numerous benefits of implementing BigCommerce order management software and provide guidance on selecting the best solution for your business.
CreditStrong for Business
AUGUST 15, 2024
When you’re borrowing money, your credit score is one of the most important factors in determining your eligibility for loans and the loans’ interest rates. Unfortunately, if you have a credit score of 600, that score is not considered good. A 600 credit score is below average by a fair margin. If you look at some credit score statistics , you’ll see that even young people with short credit histories typically have better scores.
Due
AUGUST 15, 2024
A poultry processing plant has received a fine and been the recipient of Department of Labor action after a 16-year-old died of fatal injuries. “Tragically, a teenage boy died needlessly before Mar-Jac Poultry took required steps to protect its workers,” said OSHA Regional Administrator Kurt Petermeyer in Atlanta. Mar-Jac Poultry MS LLC, was the subject of an Occupational Safety and Health Administration (OSHA) investigation.
Reorg Blog
AUGUST 14, 2024
Shenzhen CDG, is under pressure from onshore regulators to speed up the resolution of Hong Kong litigation over its keepwell protection of investee China South City Holdings’ offshore notes.
Grit
AUGUST 14, 2024
These metrics provide insights into how well your business is performing, highlighting areas that need improvement and strategies that are working effectively. BigCommerce, a powerful eCommerce platform, offers robust tools and features to track and analyze these metrics. This blog will explain how to leverage BigCommerce sales performance metrics to boost your revenue.
CreditStrong for Business
AUGUST 15, 2024
To put this as kindly as possible, 560 is not a good credit score. Credit scoring spans from exceptional credit to very poor credit and a 560 credit score falls in the very poor category. Most credit scores range from 300 to 850. With 850 being the best possible score and 300 as the lowest score. For some perspective, the average credit score, according to Experian’s credit score statistics , is 716.
Due
AUGUST 14, 2024
A Pennsylvania attorney has come clean in agreeing to a guilty tax evasion plea. According to the court documentation, Robert Powell pleaded guilty to evading taxes in an elaborate setup with his Powell Law Group P.C., a Luzerne County-based law firm. “Powell engaged in a lengthy scheme to hide his income and not pay taxes,” said Acting Deputy Assistant Attorney General Stuart M.
Cpcmcredit Blog
AUGUST 13, 2024
Again, thanks to another well written piece in Accountancy Age on this very subject Here are some pertinent points Some advisors no longer wish to advise or work in this area, due to the increased risks, complexities and reporting requirements. Other R&D advisory businesses have gone under due to the increased work involved in supporting clients with their R&D claims, and reduced fee income when HMRC have denied their clients R&D relief.
Grit
AUGUST 14, 2024
For BigCommerce store owners, effectively utilizing these KPIs can provide critical insights into customer behavior, sales trends, and operational efficiency. This blog aims to provide actionable tips on leveraging sales KPI to optimize your BigCommerce store and ultimately increase revenue. Understanding Sales KPIs Sales KPIs , or Key Performance Indicators, are measurable values that help businesses evaluate their success in achieving sales objectives.
Expert insights. Personalized for you.
130 
Let's personalize your content