Credit Management Group UK

AUGUST 28, 2023

Offering credit to customers will always pose risks to your business, however having the most effective credit management process in place will significantly reduce this risk and your cash flow will ultimately benefit. Every business should continually monitor their credit management activity so that any downfalls in the process can be addressed promptly; poorly executed credit management can create significant issues for a business, including, late payments, bad debt and in worst case scenarios

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Credit Management Bad Debt 81

SAP Credit Management

AUGUST 31, 2023

In 2016, the SAP Community moved from its old SCN home to its current platform. And in 2024, we’ll have moved once again — but to a new home that, actually, isn’t entirely new at all. In late 2021, we launched our groups platform on Khoros. Starting with a few areas, this platform has since exploded to cover a wide variety of topics, providing discussion forums where participants can connect with peers in their locations , chat with like-minded members about common interests

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Your Virtual Credit Manager

AUGUST 29, 2023

Effective collections are crucial to maintaining a healthy cash flow and the financial stability of your company. If your business is struggling with cash flow or AR balances are growing, it could be a sign that your collections policy requires updating. Photo by Austin Chan on Unsplash The reason for having a collections policy is to make sure customers pay on time.

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DSO Credit and Collections Bad Debt Collection Effectiveness Index 130

Due

AUGUST 30, 2023

When my friend bought his first house, he had no idea flooding didn’t fall under his home owners insurance. A hurricane came through and damaged his floor, windows and wiring. Without an emergency fund saved up to cover the damage, he had to fix up the wiring himself and lived with boarded up windows and warped floors for months before he managed to afford the repairs.

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Medical Billing Credit Scoring 105

Chaser

AUGUST 30, 2023

Every year, over 4000 businesses go insolvent in the UK alone. In light of the ongoing late payment crisis, businesses are under more pressure than ever, leading to an increase in the number of insolvent companies.

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SAP Credit Management

AUGUST 31, 2023

I spent last weekend at the SAP booth at my first ever gamescom in Cologne. Read on to find out what I’ve learned. Gamescom is the world’s largest expo for video games and an event for people who love to stand in queues. More than 1200 publishers, e-sports teams, cosplay suppliers and other companies related to the gaming industry presented their work to the over 320 000 visitors.

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Due

AUGUST 30, 2023

As people are increasingly looking to retire early and live off their investments, the FIRE movement has gained popularity in recent years. In spite of this, the FIRE method is not for everyone. In fact, there are many reasons why the FIRE movement method doesn’t work. An introduction to the FIRE movement. A prior Due article explained that FIRE stands for Financial Independence Retire Early.

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Medical Billing 98

blue dot counseling

AUGUST 30, 2023

This short video will show you how to create a bespoke Aged Creditors report in QuickBooks. You and your clients and colleagues can use your Aged Creditors report to:​ Manage supplier payments and maintain a good payment record with them​ Identify suppliers’ invoices you are disputing​ Keep on top of cashflow​ Identify odd balances […] The post Create a bespoke Aged Creditors report in QuickBooks appeared first on Blue Dot Consulting.

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SAP Credit Management

AUGUST 31, 2023

Recruiters and hiring managers are constantly trying to work more efficiently and quickly – so that that they can spend their time on valuable connections with potential candidates. Searching for and filtering through pools of applicants can be a tedious and time-consuming task, that slows down the hiring process and frustrates recruiters. To address this, we have redesigned the Applicant Management tool to improve the recruiter experience, drive efficiency, and accelerate the screening and hiri

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Grit

AUGUST 31, 2023

BigCommerce, a prominent player in the field, offers a range of plans designed to cater to businesses of all sizes. As you navigate the sea of options, it’s essential to weigh the pros and cons of each BigCommerce plan to make an informed decision. This article blooms the advantages and disadvantages of each project, shedding light on what they offer and where they might fall short.

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Small Businesses 98

TreviPay

AUGUST 31, 2023

Let’s dive into the stories of the businesses that have harnessed the power of TreviPay to elevate their payments operations to create lasting relationships with their clients. 1. Lenovo: Enabling Flexible B2B Sales In the dynamic world of technology, global giant Lenovo sought to revolutionize its B2B sales strategy. By partnering with TreviPay, they achieved much more than they anticipated.

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Transactions 98

Due

AUGUST 28, 2023

Is your retirement savings in need of a boost ? If so, you’re in luck. Roth IRA contribution limits will finally increase in 2023. What exactly does that mean? Basically, you can increase your retirement nest egg even further. But, let’s pump the brakes a little. You may be wondering, what are Roth IRAs? This is similar to a regular IRA but with some awesome tax benefits.

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Deductions Collector Credit and Collections 98

SAP Credit Management

AUGUST 28, 2023

This is going a blog series where I want to show how modern JavaScript test frameworks could be used to test SAP Fiori/UI5 apps and libraries. To make it more digestible, I’ll slip it into 4 parts: Overview Jest (coming up on Wednesday) Vitest (coming up on Thursday?) Node Test Runner (coming up on Friday?) After 10+ years of helping the js community, Karma has been deprecated and won’t get new features.

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Eagle Business Credit

AUGUST 28, 2023

Many business owners focus on the numbers on their balance sheet without paying attention to their cash flow needs. To keep your company running and help you expand your business, you must take charge of your working capital. Otherwise, you risk financial insolvency. What Is Working Capital? A company’s working capital is the money that is used to finance its daily operations.

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Bankruptcy 98

Grit

AUGUST 28, 2023

As an eCommerce business owner, effectively managing product availability is crucial for providing a seamless shopping experience to your customers. This comprehensive guide will explore how to efficiently monitor and control product availability in BigCommerce. By understanding the significance of product availability and implementing the right strategies, you can ensure that your customers have a positive shopping experience and increase the likelihood of conversions.

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blue dot counseling

AUGUST 27, 2023

Introducing the Accounts Calendar to your workflow adds a regular layer of financial management that's re-enforcing the twin pillars of financial success - cashflow and profitability. The post Set up an Accounts Calendar. It’s about time (and money) appeared first on Blue Dot Consulting.

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Credit Management 98

SAP Credit Management

AUGUST 31, 2023

As noted in the last section of ABAP & Excel, why can’t we just have something nice? its not only Excel that is a challenge, its the same with JSON and http. This blog post focuses on http, which is difficult to get working everywhere. As noted by Martin Pankraz in SAP S/4HANA Cloud ABAP Environment integration journey with Microsoft – Part 1 – Microsoft Teams approval , there is currently no http client released in S/4 HANA Private Cloud.

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ForwardAI

AUGUST 29, 2023

Originally featured on Forbes. It’s no hidden secret that collaboration is critical for any business, especially when it comes to fostering relationships with financial partners. Leaders need the help and expertise from their financial institutions, auditors, and external stakeholders to achieve financial growth. However, it can’t be a one-way street.

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Grit

AUGUST 28, 2023

The art of presenting products enticingly and strategically can significantly influence customer engagement and conversion rates. To excel in this domain, specialized tools have stepped onto the stage, offering BigCommerce store owners the means to elevate their product presentation to new heights. In this article, we’ll draw a picture of the significance of product merchandising, introduce two powerful tools, Atom8 and Product Merchandiser for BigCommerce , and compare their features to d

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Abrigo

AUGUST 31, 2023

Teaching staff these KYC tips to make clients feel more comfortable In 2023, KYC procedures must both support CDD compliance and make sure your institution is a welcoming place for all customers. You might also like this resource, "Customer due diligence checklist." DOWNLOAD Takeaway 1 Front-line teams are the eyes and ears of the financial institution and must update their KYC procedures for the times.

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SAP Credit Management

SEPTEMBER 1, 2023

Purpose of this blog SAP S/4HANA data capabilities can be much empowered by SAP HANA Cloud. Automate E2E Data Migration Process (Extract / Transform / Loading) Integrate Data Lakehouse capability in SAP S/4HANA Handle large amount of data for SAP S/4HANA by analyzing data moved outside of SAP S/4HANA Data Storage for CFIN 3 rd party scenario and Syniti Data-Hub: central point to extract data to external systems.

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Default 208

Accounting Department

AUGUST 31, 2023

In today's fast-paced business environment, optimizing spend management is essential for maintaining financial efficiency and driving profitability. Traditional manual processes can be time-consuming, error-prone, and resource-intensive. However, with the power of automation, businesses can streamline their spend management practices and unlock significant benefits.

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Small Businesses 89

Grit

AUGUST 29, 2023

Overview of the active landscape of e-commerce, the pursuit of successful marketing endeavors hinges on seamless data flow. The art of crafting targeted campaigns, nurturing customer relationships, and driving conversions rely on the precision and timeliness of information. In this digital transformation era, the integration between BigCommerce and Klaviyo, bolstered by the prowess of Atom8 automation, emerges as a strategic powerhouse.

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Reorg Blog

AUGUST 31, 2023

Lenders are preparing to take control of PlusServer after the German web hosting services group started underperforming again, scuppering any chance of a successful outcome of the sales process sponsor BC Partners launched, sources said.

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SAP Credit Management

AUGUST 29, 2023

SAP Analytics Cloud brings together analytics and planning with unique integration to SAP applications and seamless access to heterogenous data sources. It helps everyone in your organization make decisions without doubt with trusted insights and integrated plans. This blog post introduces the features of the SAP Analytics Cloud 2023.18 release available for SAP Analytics Cloud FastTrack customers.

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Default 203

Accounting Department

AUGUST 29, 2023

For any business to thrive, it is essential to have accurate and up-to-date information about its operations. Real-time data plays a crucial role in a business's success regardless of its industry or size. However, businesses that use outdated technology and traditional data management techniques, such as manually inputting data into spreadsheets or relying on quarterly reports, miss out on valuable insights regarding their business operations.

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Grit

AUGUST 28, 2023

For BigCommerce store owners, managing inventory is a crucial aspect of running a successful eCommerce business. However, despite careful planning, out-of-stock situations can still occur, posing challenges for the company and its customers. Within these pages, we’ll uncover the common challenge of managing out-of-stock situations in BigCommerce stores and discuss three essential tools to handle these situations effectively.

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Due

AUGUST 31, 2023

While you might have heard that data is the new currency, it continues to be the lifeblood of the dynamic finance industry. However, when it comes to tons of data streaming from an assortment of sources, financial institutions might find the volume overwhelming! That’s the crisis that gave birth to the concept of data visualization , the art of turning data into art.

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Dashboards Credit and Collections Cybersecurity Insurance Companies 59

SAP Credit Management

SEPTEMBER 1, 2023

Requirement We have a custom Z-table with Sales Organization and Order Type as key fields. There’s an associated maintenance view. Users will be using this maintenance view to maintain entries in the table. Users should only be allowed to display and edit records that belong to the sales organizations and certain order types that they are authorized to.

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Transactions 202

Reorg Blog

AUGUST 29, 2023

This installment of the RX 101 series compares the differences and similarities between Part 26A restructuring plans and chapter 11 and puts a spotlight on cross-class cramdown and disclosure issues that have arisen in practice.

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Chapter 11 59