Sat.Mar 29, 2025 - Fri.Apr 04, 2025

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Are Your Collection Efforts Myopic?

Your Virtual Credit Manager

In too many organizations, credit and collection decisions are compromised by the fog of war. Gathering all the details needed to inform a decision becomes a time-eating burden. For example: to make an effective collection call, you need to know who to contact, the AR status and AR details of the account, if there are any disputes, and what prior efforts have been made to collect the balance due.

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RMAI Launches Version 13.0 of the Receivables Management Certification Program

RMAi Blog

April 1, 2025 (Sacramento, CA) The RMAI Certification Council announces the adoption of version 13.0 of the Receivables Management Certification Program (RMCP) after a lengthy development and review process. As of today, all new and renewing applications will be held to the newly revised standards. Several significant enhancements were added to the program in version 13.0, including: Aligning the Data Security Standard with the FTC Safeguards Adopting provisions on how to handle coerced Adoptin

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Writing Effective Credit Memos Efficiently

Abrigo

This article covers these key topics: The importance of well-crafted credit memos Effective credit memos are clear Concise credit memos speed decisions Focus on providing relevant repayment and credit risk info Best practices for writing a credit memo Done right, a credit memo supports sound credit decisions and tells a clear, fact-based story that stands up to scrutiny months or years later.

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Find Your Passion: 50 Hobbies to Enrich Your Retirement

Due

Retirement marks the beginning of a new chapter in life, where passions can be explored, skills developed, and activities that bring joy and fulfillment can be indulged in. Whether you want to express creativity, be physically active, be intellectually stimulated, or engage in social activity, theres a hobby thats perfect for you. Here, weve compiled a list of 50 hobbies that are perfect for retirees.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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Implementing AI in healthcare RCM: How 1 organization built a structure for success

Waystar

The healthcare industry is undergoing an AI-driven transformation, and revenue cycle management (RCM) leads the charge in many ways. As teams strive to reduce denials, increase cash flow, and streamline processes, implementing AI in healthcare RCM is essential. In fact, organizations are already leveraging AI to: Eliminate 80% of manual work Increase point-of-service payments 30% , and Rebill $5.9 million in missing charges.

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Why people don't use automated accounts receivable

Chaser

Accounts receivable (AR) automation offers a more efficient and cost-effective way to manage cash flow, reduce errors, and accelerate the collection process. Yet, many businesses still hesitate to adopt AR automation. Despite its clear benefits, some common misconceptions and concerns prevent organizations from making the switch. This article explores the most common excuses for not automating accounts receivable and provides a closer look at the reality of each.

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Moderna Stock Falls After Resignation of FDA Official

Due

Recently a major FDA official Peter Marks announced his resignation, heavily impacting biotech stocks such as Moderna. Wall Street is currently stressing about the future of biopharmaceutical companies and the industry as a whole. Moderna Stock Falls Marks played a significant role in the FDA for biopharma companies, as the director of the Center for Biologics Evaluation and Research (CBER), which is within the FDA.

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Student Loan Delinquencies and Your Credit Score: How To Help Rebuild

CreditStrong for Business

The end of the student loan payment pause, coupled with the return of delinquent loan reporting, has left many borrowers scrambling to manage the consequences. According to the Federal Reserve Bank of New York , more than 9 million Americans could soon see significant drops in their FICO scores, some by over 150 points, due to the reappearance of delinquent student loans on credit reports.

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Q & A: Get to Know Business Development Representative and Account Manager Will Bulkowski

Team Financial Group

Will worked his way up at Team Financial Group in classic fashion, interning with us while earning his degree in finance at Michigan State University. After graduation, he would become a full-time member of Team Financial Group in January 2021 and has been an important part of our operations ever since. We recently took some time to talk with Will about how dedication, devotion, and personal development have shaped his work both with clients and his community.

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7 Common Myths About Invoice Factoring – Debunked!

JNI Commercial Lending

Effective cash flow management is critical to the success of any business. For small business owners, construction companies, equipment managers, and entrepreneurs alike, maintaining healthy cash flow can be a daily challenge. Late payments from clients, extended credit terms, or simply waiting on massive unpaid invoices can create financial bottlenecks that strain your operations.

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Unlock Business Growth with Client Accounting Services from AccountingDepartment.com

Accounting Department

As a business owner, you're undoubtedly aware of the myriad responsibilities that come with the territory. From strategic decision-making to managing day-to-day operations, your plate is full.

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Tax Efficient Investment Strategy Review

Due

A new investment method that delivers impressive returns while reducing taxable income has garnered attention among high-net-worth families. This analysis explains how the strategy works, highlighting its consistent gains and tax benefits. The strategy focuses on generating strong performance even in years when traditional benchmarks have suffered. In addition, it offers a unique tax advantage that can help lessen tax burdens for high-income earners.

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Aryza Announces Strategic Acquisition of  RiskLogix Solutions

Collenda

Aryza Announces Strategic Acquisition of RiskLogix Solutions , Expanding Capabilities and Geographic Reach Aryza, a global provider of mission-critical automation software across the credit lifecycle, is pleased to announce the acquisition of RiskLogix Solutions, a prominent provider of governance, risk, and compliance (GRC) solutions. This strategic acquisition reinforces Aryzas commitment to delivering best-in-class Credit & Debt Lifecycle Management SaaS solutions and positions both comp

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Business Failures: The Banque de France Warns of Persistently High Levels as of January 2025

Credit Tools

The ongoing fragility of the French economy continues to be reflected in a rising number of business failures, particularly in the most vulnerable sectors.

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Driving SMB Growth with CFO Support Services

Accounting Department

For small to medium-sized businesses (SMBs), financial management can feel like juggling multiple prioritiesoverseeing cash flow, managing expenses, budgeting for growth, and navigating financial risks, all at the same time.

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Allowance for doubtful accounts & bad debt expenses: Calculation

Chaser

The concepts of allowance for doubtful accounts and bad debt expenses play a pivotal role in portraying an accurate picture of a company's financial health.

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What is payment fraud? What faster payment systems mean for fraud prevention

Abrigo

Payment fraud: What is it and why the payment system used matters Payments are evolving, and so are fraud tactics. As digital transactions become faster and more convenient, fraudsters are finding new ways to exploit vulnerabilities across payment channels. Financial institutions must stay ahead by implementing proactive fraud detection strategies to protect their customers and mitigate losses.

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Job Openings Hits Lowest Level Since September

Due

Job openings have not been doing great for the past few years, acting as one factor in a low economy. Many Americans are struggling to find high quality work, and sometimes, any work at all. In March 2025 job openings continued to decline despite a stagnant level of hiring. This dip in the amount of jobs, however, has some Americans worried. Job Openings Hit a Low Data from the Bureau of Labor Statistics indicated that the number of job openings decreased from January to February by about 200,00

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Same-Day Business Funding: 3 Best Options & Tips for Success

FundThrough

Key Takeaways: Same-day business funding offers quick access to capital for emergencies, growth opportunities, and operational expenses, with options like invoice factoring, short-term loans, and flexible lines of credit tailored to different business needs. While eligibility requirements for same-day funding vary, factors such as time in business, annual revenue, credit score, and collateral requirements play […] The post Same-Day Business Funding: 3 Best Options & Tips for Success ap

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The Evolution of Credit Management: Unlocking the Power of 10x

Bectran

Imagine commanding an elite force of credit managers who dont just react to challenges they predict them before they arise. This force identifies risks, alerts you to solutions, and executes strategic maneuvers to fortify your financial stronghold. Operating with precision, they seamlessly manage credit operations, ensuring risk assessment, approvals, and customer relationships are handled with a keen eye all while fueling company growth.

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Trumps Tariffs. A view

Cpcmcredit Blog

I couldn’t bear posting another photo of Trump here and also feel disinclined to go through the whole tariff debate, which has been deafening over the past couple of days.

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Sabbatical Planning: How to Safeguard Your Finances

Due

Not many people get to go on a sabbatical during their careers, but if your company has a policy allowing this kind of structured break, you should take it. A career sabbatical offers professionals a set period of time to pursue personal goals , recharge, or even develop new skills. But if you havent done some financial planning beforehand, going on that big break may produce more stress than anything else.

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Annuities for Young Professionals: Kicking Retirement Planning into High Gear (Way Before You Think You Need To)

Due

I get it. The idea of retiring feels distant when youre in your 20s or 30s. There are probably more pressing priorities on your mind. These probably include paying off student loans, buying a home, or what youre doing this weekend. But heres the thing: your retirement journey will be smoother if you start planning (and doing it) now. And while stocks and 401(k)s often steal the spotlight, annuities can be just as powerful.

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Navigating Auto Tariffs and Evolving Car Costs

Due

The discussion focuses on how upcoming auto tariffs may affect vehicle prices and the overall auto market. Analysts and industry experts have noted that consumers could face increased costs soon. The conversation explains the potential extra spending on vehicles and the possibility that dealerships and automakers will see slimmer profit margins. Specific vehicle types, such as SUVs and sedans, are discussed and compared between cars made in America and those produced overseas.

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Smart Investments Yielding Returns and Tax Savings

Due

An emerging investment strategy has captured the attention of wealthy investors and trusted financial professionals. This approach offers not only strong yearly returns but also significant tax savings. The discussion centers on a specific investment plan that consistently delivers high returns and uses tax losses to improve an investors overall financial picture.

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EU Is Prepared to Retaliate Against US Tariffs

Due

Its no news that many tariffs are coming out of the US against other countries. These tariffs are impacting countries such as Mexico, Canada, China, and now the European Union (EU). The EU now is planning for retaliation if needed. EU Prepared to Retaliate Against US Tariffs Ursula von der Leyen, European Commission President has spoken out about the EUs retaliatory plan.

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Americans Economic Expectations Hit Lowest Level in 12 years

Due

Americans are getting increasingly more pessimistic about US economic conditions. Many worry about the uncertainty brought by President Trump s policies and higher prices due to tariffs. This worry and uncertainty are the main drivers for lower expectations for the economy. American Economic Expectations Hit a New Low The consumer confidence index is a metric measuring the expectations and confidence of Americans for the near future.

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Market Volatility Ahead of Trump’s Tariff Announcement

Due

The S&P 500 experienced significant volatility, dropping 1.7% before recovering to close up 0.6% in anticipation of what some call Liberation Day when former President Trump is expected to announce new tariff policies against countries that impose tariffs on US goods. The markets erratic behavior reflects widespread uncertainty about the specifics of Trumps upcoming announcement.

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