Wed.Nov 20, 2024

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Narrowing in on 2025 with Driver-Based Budgeting & NetSuite

Accounting Department

Driver-based planning is a type of management that zeros in on a company's key value drivers and key business drivers. It helps create budgeting and business plans based on these factors. The goal of this type of planning is to center on the factors that are important to fueling success. Mathematical models can be created to project business. Driver-based planning is helpful for finance executives when they are planning long-range strategic strategies.

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Using AI and Other Tech to Get Your Seat at the Table

Emagia

Robert Shultz has witnessed the remarkable transformation of the credit profession over decades. Reflecting on his career, Shultz recalls, “When I started, we were using punch cards.” Today, however, innovative technologies enable credit professionals to assess entire portfolios holistically—once an unthinkable feat. In a recent episode of Emagia’s AI for Finance podcast, Shultz, a seasoned financial executive and managing partner at Quote to Cash Solutions LLC, discussed how AI-driven technolog

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How to Keep Healthcare Costs Low in Retirement

Due

One of your biggest categories of expenses in retirement is going to be healthcare. Even with excellent insurance coverage and ample preventative care, you may face greatly escalating costs well into your retirement. How do you keep these costs low? And how much of an impact will this have on your finances overall? Plan for the Gaps in Medicare First, and probably most importantly, you need to prepare for gaps in your Medicare coverage.

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Corporate Health: Stability in a Late-Stage Expansion

Loomis Sayles Credit Research

In our view, the corporate health outlook remains solid as we mark the third anniversary of the CANDIs survey. This quarter’s results show an improvement over last quarter’s six-month forward outlook, with corporate resilience strengthening and positive momentum broadening across more sectors. While corporate health may not be as strong as it was a year ago, we expect stability will persist, consistent with the late stage of the economic expansion.

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Accounting Rate of Return Definition

Emagia

What is the Accounting Rate of Return (ARR)? The Accounting Rate of Return (ARR) is a financial metric used to evaluate the profitability of an investment. It is calculated by dividing the average annual accounting profit by the initial investment cost. Accounting Rate of Return (ARR) helps investors assess the potential return on their investments.

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NVIDIA’s Earnings Report: A Pivotal Moment for the Tech Giant

Due

NVIDIA, the technology powerhouse known for its graphics processing units (GPUs) and artificial intelligence solutions, will release its earnings report after the market closes today. Given the company’s current valuation and potential impact on the broader technology sector, this event is drawing significant attention from investors and market analysts alike.

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TreviPay Embeds Dynamic Trade Credit Application into B2B Buyer Onboarding Process

TreviPay

TreviPay’s Risk Management Platform now offers automated buyer onboarding at onset of order-to-cash process, with faster and more localized configurations for foreign markets OVERLAND PARK, Kan., November 20, 2024 — TreviPay , the most-trusted B2B payments and invoicing network, has expanded its order-to-cash (O2C) offering by enhancing the buyer onboarding experience through automation.

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Bind Remittance Advice

Emagia

What is Bind Remittance Advice? Bind Remittance Advice is a document that outlines the specifics of a financial transaction between a payer and a payee, primarily used in business transactions to confirm payment terms and details. It’s essential for companies to use bind remittance advice to maintain accurate financial records and ensure clear communication regarding payments.

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Putin’s Nuclear Doctrine Change Sparks Global Market Unease

Due

In a significant development, Russian President Vladimir Putin has altered the country’s nuclear weapons policy, lowering the threshold for their potential use. This move has sent shockwaves through global financial markets, leading to a notable stock sell-off. The sequence of events leading to this situation began with North Korea’s recent decision to send troops to support Russia in its ongoing conflict with Ukraine.

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Double Declining Balance Method

Emagia

Understanding the Double Declining Balance Method The Double Declining Balance Method is a common accounting technique for accelerating the depreciation expense of an asset in its early years. This method allows companies to better match expenses with revenue by increasing depreciation costs early on. How the Double Declining Balance Method Works Using the double declining balance method involves calculating a depreciation rate based on twice the straight-line depreciation rate and applying it t

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Credit Application on Hold Abbreviation

Emagia

What is a Credit Application on Hold? When a credit application is marked as ‘on hold,’ it means that the creditor has paused the approval process due to missing information or further review requirements. Common abbreviations for this status include COH (Credit on Hold) and PA (Pending Approval). Reasons for Placing Credit Applications on Hold Credit applications can be placed on hold for several reasons, such as missing documentation, discrepancies in the provided information, or the need for

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Walmart Suppliers DSO Improvement

Emagia

Understanding Days Sales Outstanding (DSO) Days Sales Outstanding (DSO) measures the average number of days it takes a company to collect payment after a sale. For Walmart suppliers, optimizing DSO is crucial for cash flow management and operational efficiency. Challenges Faced by Walmart Suppliers Walmart suppliers often face challenges in maintaining favorable DSO due to extended payment terms and high volume of sales.

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Calculate Creditworthiness of a Company

Emagia

Understanding Creditworthiness Creditworthiness refers to a company’s ability to meet its financial obligations based on its financial health and payment history. Accurate assessment is crucial for lenders and suppliers in determining risk levels. Key Factors for Creditworthiness Key factors that influence creditworthiness include financial ratios, credit history, cash flow, and existing debt levels.

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