Sat.Dec 23, 2023 - Fri.Dec 29, 2023

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Seize the Moment: A Tax Season Strategy for Enhanced Debt Recovery 

Professional Credit

Seize the Moment: A Tax Season Strategy for Enhanced Debt Recovery With the 2024 tax season on the horizon, it’s a pivotal time for businesses to reconsider their approach to outstanding debts. Professional Credit stands at the forefront, guiding our clients through a proven method that turns tax season into a period of significant financial recovery.

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Red Flags, Slow Payments, and Collection Secrets

Your Virtual Credit Manager

Happy Holidays! During this season, many people take pause to review the ups and downs of the year gone by. Publishers are no different, but we like to focus on what piqued the interest of our readers…and then give them more of the same. In our case, we found our readers had an affinity for articles on identifying collection risks and the best ways of dealing with past due balances.

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Millionaire Affirmations: Develop a Wealthy Mindset

Due

It takes hard work, smart decisions, and a bit of luck to achieve wealth and financial freedom. Although often neglected, your mindset is one of the most powerful tools you have at your disposal. After all, money beliefs, expectations, and thoughts play an important role in shaping your financial reality. It’s here that millionaire affirmations come into play.

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Lending and credit risk resources: The top downloads of 2023

Abrigo

Abrigo's most popular whitepapers and checklists on lending and credit risk Abrigo experts' insights on CFPB 1071, loan policies, and risk ratings were popular with banking professionals. Here are the top resources. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool." Watch NOW Takeaway 1 Abrigo's experts produced many pieces on lending and credit risk to provide strategies and tools to help banking professionals.

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Looking Back at a Year of ADC Sponsored Events!

Accounting Department

Each year, our team gears up to attend events all over the United States that AccountingDepartment.com proudly sponsors. As a proud supporter of Vistage International, Entrepreneurs’ Org, EOS Worldwide, CEO Coaching International, Genius Network, Small Giants Summit, HubZone, Women Presidents’ Organization, and B2B CFO®, our team gets to experience many great events, meet many amazing people, and see our clients from all over.

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December’s Frequently Asked Credit Management Questions

Credit Management Group UK

Here are our frequently asked credit management questions for December. How can I prepare for confidential invoice finance? Confidential invoice finance providers will want to see that your credit management processes and procedures are clear and appropriate for the business, as this will pose less risk for them in offering you finance. An effective collection strategy is the first step, ensuring you have the right people in place to chase for payment from customers; however, you should also loo

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These resources on interest rate risk, liquidity, and CECL got the most downloads in 2023

Abrigo

Top banking risk management papers and infographics Abrigo experts' insights on deposit pricing, stress testing, loan review, and CECL were popular with banking risk professionals. Here are the top resources. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool." Watch NOW Takeaway 1 Abrigo's experts produced pieces on asset/liability management (ALM) and portfolio risk that covered strategies and tools to help risk management and accounting pr

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5 SMB Trends to Expect in 2024

Accounting Department

Small and medium-sized businesses (SMBs) are essential to the economy, accounting for more than half of all jobs worldwide. In recent years, several trends have impacted how SMBs operate, and we can expect even more changes to come in 2024. To prepare for the future, businesses must be aware of these shifts and adapt accordingly. In this blog post, we will discuss five SMB trends that we can expect to see in 2024, dealing with AI, customer experience, sustainability, and cybersecurity.

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Credit Absolute Receives 2023 Best of Scottsdale Award

Credit Absolute

Scottsdale Award Program Honors the Achievement SCOTTSDALE November 20, 2023 — Credit Absolute has been selected for the 2023 Best of Scottsdale Award in the Credit Counseling Service category by the Scottsdale Award Program. Each year, the Scottsdale Award Program identifies companies we believe have achieved exceptional marketing success in their local community and business […] The post Credit Absolute Receives 2023 Best of Scottsdale Award appeared first on Credit Absolute.

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Apple’s VR Glasses: Catalyst for Growth?

Due

Apple Inc., the largest stock in the world, continues to lead the pack with its famous cutting-edge products. Despite the company’s continued success, some recent statistics reveal a possible obstacle to Apple’s continued growth. With revenue down 3% compared to last year, questions about the company’s ability to maintain its position atop the technology market have arisen.

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The Advantages of Fintech Partnerships for Banking Technology

Biz2X

Reading Time: 3 minutes Banks today are continually faced with the decision of whether to build their technology in-house or to leverage external solutions. While in-house development offers control and customization, it comes with its own set of challenges and costs. In contrast, external solutions like those offered by Biz2X provide ready-made, scalable, and often more cost-effective alternatives.

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Turning Pages with the ADC Book Club | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

We are thrilled to announce that Episode 9 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

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Credit Absolute Receives 2023 Best of Scottsdale Award

Credit Absolute

Scottsdale Award Program Honors the Achievement SCOTTSDALE November 20, 2023 — Credit Absolute has been selected for the 2023 Best of Scottsdale Award in the Credit Counseling Service category by the Scottsdale Award Program. Each year, the Scottsdale Award Program identifies companies we believe have achieved exceptional marketing success in their local community and business […] The post Credit Absolute Receives 2023 Best of Scottsdale Award appeared first on Credit Absolute.

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Building a Sustainable Business Through Strategic Investments

Due

A sustainable business makes itself known through its investment strategy. The choices seep into every company facet, from workforce performance to third-party partners to technological adoption. Sustainability has a double meaning here. You must focus on becoming greener while making operations financially resilient, stable, and transparent. Values like these guide corporations of any size to build a sustainable business through strategic investments that are intelligent and eco-friendly.

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5 common cash flow mistakes and how to avoid them | Chaser

Chaser

Cash flow is an essential factor for the success and sustainability of any business. It refers to the movement of money in and out of a company, including revenue, expenses, and investments. Consistent cash flow allows businesses to cover their day-to-day expenses, maintain operations, and plan for future growth. Even small mistakes in managing cash flow can have significant impacts on a business, reducing its ability to function efficiently and potentially leading to financial struggles.

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How to Reduce Collection Calls With A/R Automation Software

Gaviti

Collections calls typically rely on a team of individuals, each responsible for his or her own accounts. Although the idea is for the collections teams to build a rapport with their customers, the approach is flawed. It seems counterintuitive, but automating the collection process to communicate as much information as possible regarding customer invoices ahead of time and relying on collection calls later in the customer lifecycle can drastically reduce the collection calls your business needs t

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Outsource bookkeeping and accounting in Putney

blue dot counseling

If you’re looking to outsource your bookkeeping and accounting in Putney or neighbouring areas then we could be just what you’re looking for. Outsourcing frees you and your colleagues to do what you’re best at and you know your financial management is in good hands. And it’s scalable as your business evolves. Remote and local […] The post Outsource bookkeeping and accounting in Putney appeared first on Blue Dot Consulting.

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8 Must-Try Entrepreneurship Games

Due

Entrepreneurship games serve as an immersive and engaging platform for individuals looking to enhance their strategic thinking, simulate real-world business scenarios, and deepen their understanding of market dynamics. Whether you’re an aspiring entrepreneur or someone aiming to refine existing skills, these games provide a unique and enjoyable way to learn.

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Tips for Paying off Holiday Debt Before it Hurts Your Credit

Credit Absolute

Now that the festive season is behind you, what remains with you are the beautiful memories and of course, the huge holiday debt that you accumulated. As the new year kicks off, two factors can greatly impact your credit; how you pay (or not pay) your debt and how much of your available credit you […] The post Tips for Paying off Holiday Debt Before it Hurts Your Credit appeared first on Credit Absolute.

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Atom8 December Product Update – Google Sheet Trigger

Grit

Introducing Atom8’s newest update: Google Sheets Trigger This powerful new trigger unlocks fast and reliable integration from Google Sheets to your BigCommerce store. Whenever you update or add a cell or row, Atom8 automatically updates the mapped information to BigCommerce, saving you time, and reducing data errors. This video will show you how to build your first Atom8 workflow using the Google Sheet trigger. 8 Steps to Automating Your BigCommerce Store with Atom8 Google Sheet trigger Step 1.

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AI and Automation Aren’t Coming for Your Accounting Job – They’ll Make it Better

Plooto

Ever follow Google or Apple Maps directions? Watch movie recommendations from Netflix? Use autocorrect in a document? Or ask Siri, Alexa, or Google about the weather?

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Cash Investments Underperform in 2023

Due

In 2023, many investors found themselves opting for what they believed was the safe bet – holding cash, specifically in high-yield savings accounts, money markets, and short-term treasuries. Unfortunately, that decision led to cash being the worst-performing investment in 2023. While some might have considered this strategy a way to mitigate the risk associated with a potential recession, it produced a significantly lower return than other investment options, thanks to both average performance a

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The Role of Scholarships and Grants in Financing Education

Due

Applying for scholarships and grants helps students pay for college. In some situations, these awards allow people to obtain a degree they wouldn’t be able to otherwise. Students who apply for various awards often find they help cover the costs of other college-related expenses. Here’s a closer look at today’s college tuition, the importance of applying for scholarships and grants and how to get your hands on free money for school.

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Mortgage Pre-Approval vs. Pre-Qualification – What’s the Difference?

Due

Shopping for homes is exciting until one needs to secure financing to purchase. Even with savings, most Americans can only buy a house through a mortgage loan. In the fourth quarter of 2022, the US residential mortgage debt reached $11.92 trillion. As home prices continuously soar and interest rates hit historically high levels, getting a mortgage loan becomes increasingly tricky.

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Stronger Fintech-bank Partnerships will Revolutionize Finance Operations for Small-to-medium Businesses

Plooto

Big banks are being dragged into digitalization by customers and leading-edge competitors. Historically risk-averse, innovation is approached with caution.

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5 Business-Building Benefits of Digitized Cash Management

Plooto

Last year, faced with rising inflation and payroll expenditures, 57% of small businesses slashed costs. But how did they decide what to cut — and how deep?