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Lessons for Trade Creditors from Recent Bankruptcies

Your Virtual Credit Manager

We can learn a lot from mistakes and failures. This is especially true of our own, but it also applies to other people’s foul-ups and blunders. Experience is a great teacher, and many a success was born out of failure. Edison and the invention of the light bulb is a good example. History, other people’s experinces, is informative as well.

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Chaser shortlisted for Best Technology Provider at 2024 Credit Awards

Chaser

I am thrilled to share that Chaser has been shortlisted for the Best Technology Provider award at the 2024 Credit Awards. The Credit Awards recognize outstanding individuals and companies that have had a significant impact on the credit management industry.

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Nailing cash flow statements: How to ensure you know where your business stands

Plooto

Managing cash flow effectively is an essential aspect of running a business smoothly. However, many small businesses struggle with cash flow management, especially if they don’t have a lot of experience in bookkeeping and accounting.

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Amazon Marketing Strategy: Best Tactics in 2024

NorthOne

Amazon reigns supreme as one of the most influential and dynamic marketplaces for businesses of all sizes. With over 200 million Prime members and millions of daily visitors scouring its. The post Amazon Marketing Strategy: Best Tactics in 2024 appeared first on NorthOne Blog.

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What is the cost of offering credit to customers for your business?

Credit Management Group UK

The best way of avoiding credit control issues in your business is to ensure that you are paid in full before providing any goods or services. However, unless you have a unique product or service that is in high demand, or in an industry where it is custom and practice to expect payment in advance, you may find you put you at significant disadvantage from competitors.

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Optimizing Cash Flow Management for E-Commerce Businesses

Accounting Department

In a dynamic industry where change is the only constant, good cash flow management stands as one of the most critical factors for the success of e-commerce businesses. Navigating the online retail waters is often turbulent, with fast-paced transactions and a myriad of financial nuances that demand efficiency and foresight. Poor cash flow management could capsize even the most promising ventures, while a firm grasp on financial inflows and outflows can propel your e-commerce business forward, ens

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OQ Chemicals Loans Recover to Low 90s

Reorg Blog

German oxo intermediates and oxo performance chemicals producer OQ Chemicals’ term loans have rallied back into the low 90s after three hedge funds, including Strategic Value Partners, or SVP, started buying into the debt, sources said.

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Former Comptroller General of Ecuador convicted for $10M in Miami

Due

A Miami federal jury has found the former Comptroller General of Ecuador guilty of a million-dollar money laundering and bribery scheme. Carlos Ramon Polit Faggioni, 73, was involved in a series of illegal activities between 2010 and 2015, a period when he was entrusted with safeguarding his country’s public funds. Former comptroller found guilty In his high-profile capacity as the Comptroller of Ecuador, he was supposed to be the shield the country depended on to root out industrial espio

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How to Handle BigCommerce Order Management Easily

Grit

Running an online store is exciting, but keeping up with orders can be a real challenge. As your business grows, managing orders on BigCommerce can quickly become overwhelming. However, there are simple tips and tricks to streamline your BigCommerce order management process. In this post, we will share easy-to-follow practices to help you stay on top of orders and provide a stellar customer experience without all the stress and headaches.

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Best cash flow practices | Chaser

Chaser

Accurate and timely cash flow management is a crucial part of maintaining any business’s financial stability. It’s also a notoriously challenging area of accounting to keep track of due to all the moving parts it involves.

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Aryza Appoints Tom O’Connor as Head of Corporate Insolvency 

Collenda

A ryza Appoints Tom O’Connor as Head of Corporate Insolvency Aryza announces the appointment of Tom O’Connor as its Head of Corporate Insolvency. With an extensive career spanning over a decade in the insolvency sector and a proven track record in product development and client engagement, Tom brings invaluable experience and expertise to Aryza.

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Road King Faces ~HKD 1.4B Offshore Liquidity Gap in ‘24

Reorg Blog

Estimated offshore debt obligations of Road King would amount to around HKD 6.3 billion ($804.6 million) in 2024, including the $322.7 million 6.7% notes and a $367.4 million syndicated loan facility both due in September 2024.

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Unlocking Summer Success: Inside A Typical Summer at ADC | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

We are thrilled to announce that Episode 17 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

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Boost B2B Sales: Automate Workflows with B2B BigCommerce Partner & Gritglobal

Grit

Today business world moves at a breakneck pace. To drive growth and stay ahead of competitors, it is crucial for B2B companies to streamline operations and optimize workflows. For those leveraging BigCommerce, you can definitely integrate cutting-edge automation solutions. By partnering with Grit Global, a leading B2B BigCommerce partner, businesses can unlock the potential of automated workflows.

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3 keys to managing SMB cash flow smartly

Plooto

It’s no secret rebounding from the economic challenges of the pandemic has been especially difficult for small to medium-sized businesses (SMBs). According to a recent poll by American Express Canada, 63% of SMBs said that cash flow issues were impeding their growth — and many of the challenges cited came down to problems just nailing the basics of financial management.

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Aryza and Dotdigital Forge Strategic Alliance to Revolutionise Customer Experience in Credit and Debt Management

Collenda

Aryza and Dot d igital Forge Strategic Alliance to Revolutionise Customer Experience in Credit and Debt Management Aryza Group announces its strategic partnership with Dotdigital, an all-in-one customer experience and data platform. This partnership enhances customer experience when they access credit and debt solutions. Dotdigital’s customer experience and data platform (CXDP) empowers marketing teams to exceed customer expectations with highly personalised cross-channel journeys, helping bra

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Analysis: Champion REIT’s $300M Due’30s OAS Remains High At ~250 Bps Despite Peer Spreads Narrowing 40-60 Bps; Co. Faces Rent, Market Supply Pressures as Significant Tenancies Expire in ‘24-’25; Property Valuation, Rating Downgrade Triggers Explored

Reorg Blog

The post Analysis: Champion REIT’s $300M Due’30s OAS Remains High At ~250 Bps Despite Peer Spreads Narrowing 40-60 Bps; Co. Faces Rent, Market Supply Pressures as Significant Tenancies Expire in ‘24-’25; Property Valuation, Rating Downgrade Triggers Explored appeared first on Reorg.

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The ADC Team Attends the 2024 EOS Conference

Accounting Department

Last week, the AccountingDepartment.com team attended the 2024 Entrepreneurial Operating System (EOS) Conference in San Diego, CA.

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Keep Shoppers Informed: Improve BigCommerce Out-of-Stock Notification

Grit

When customers want to buy something from your online store, it might be frustrating if the item is out of stock. They may leave without making a purchase. But what if you could let shoppers know when that product will be available again? Keeping customers informed can help you keep their interest and improve their shopping experience. In this blog post, we will discuss how to enhance the BigCommerce out-of-stock notification feature in your store.

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Beyond Finances: What Nobody Tells You About the First Six Months of Retirement

Due

Your decades-long run of morning rush hours, demanding work days, and the pressure to perform is finally over. During those mad-dash days and often headache-inducing projects, it can be hard to imagine retirement, much less dream about it. But before you know it, retirement will come, and once it’s here, you might be surprised by what it’s like; especially in the first six months.

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Xero training in Hammersmith

blue dot counseling

Whether you’re on your own, early-stage or an established business, we’ll help you make the most out of your investment in Xero. The post Xero training in Hammersmith appeared first on Blue Dot Consulting.

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Legal Analysis: Singapore Court Provides Directors’ Creditor Duty Guidance, Financial Status Categorization; Duty Engages When Co. Experiences ‘Financially Parlous’ State, Less Dire Than ‘Verge of Insolvency’; Potentially Earlier Director Scrutiny

Reorg Blog

The post Legal Analysis: Singapore Court Provides Directors’ Creditor Duty Guidance, Financial Status Categorization; Duty Engages When Co. Experiences ‘Financially Parlous’ State, Less Dire Than ‘Verge of Insolvency’; Potentially Earlier Director Scrutiny appeared first on Reorg.

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Is Taylor Swift Benefiting Your Business?

biz2credit

If you think Taylor Swift’s impact is limited to the music charts, think again. From the local coffee shop to the boutique hotel down the street, the Taylor Swift economy, or “Swiftonomics,” is a force to be reckoned with. Every time Taylor Swift goes on tour, she brings not just her music but also a … Continue reading "Is Taylor Swift Benefiting Your Business?

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B2B Audience Segmentation: The Key to Targeted Marketing Success

Grit

Imagine a busy market where sellers must carefully ascertain the wants and preferences of each prospective customer to increase their chances of success. Businesses may attain precisely this degree of information and accuracy through the strategic instrument of B2B audience segmentation. This activity improves their ability to interact with and convert their target clients effectively.

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Spotify’s 2024 first quarter hits the high notes

Due

Music giant Spotify has unveiled its first quarter results for 2024. Spotify, the global streaming platform, has marked a significant milestone in the first part of the new financial year, with a record-breaking 239 million paying premium subscribers. Spotify records positive financial hits Daniel Ek, the enigmatic Chief Operating Officer said “We’ve talked about 2024 as the year of monetization and we’re delivering on that ambition.“ Total revenue for the Swedish company was up by 20% com

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6 signs you need to hire your first financial professional for your SMB

Plooto

Whether you’ve been in business for a while or are preparing to open your doors for the first time, owning your own business can be an overwhelming experience. There’s so much on your plate, and you’re ultimately responsible for it all. You may have started as a company of one, gradually adding to your team as demand required (and cash flow allowed).

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Primary Analysis: ION Corporates $731M-Equiv SSNs

Reorg Blog

ION Corporates, a global provider of financial technology solutions for corporate treasuries and commodities operations, is marketing €300 million and $400 million of dual-tranche five-year senior secured notes, totaling $731.1 million-equivalent.

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The lesson from Liz Truss. Why lenders require respect

Cpcmcredit Blog

Daniel Finklestein is one of the very best columnists in the national press. His most recent column (behind a paywall), cuttingly takes apart Liz Truss’s somewhat desperate claims from her very brief time in Downing Street. One paragraph in particular stood out for me (which also refers to the far left within Labour in the 70s and as proves that as ever, the similarities between extremists are more pronounced than the differences) “It didn’t help that Truss had refused to seek a prop

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Smart Assignment: How Automation Frees Up Your Assigned Employee Order Handlers

Grit

Modern order management and fulfillment methods that make use of technology and SaaS applications are called automated order processing. In short, throughput efficiency is maximized and assigned employees are minimized when an automated system takes over order processing, streamlining the entire cycle from collecting the order to supplying the product.

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SEC To Host Second Annual Conference on Emerging Trends in Asset Management

Due

The Securities and Exchange Commission (SEC) is setting out its stall to host the second annual Emerging Trends in Asset Management conference. The government regulator’s Division of Investment Management will lead the event, Thursday, May 16, 2024. SEC’s second conference on asset management The essential conference will bring together the leading names in the asset management industry.

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Small Business Guide to Managing Supply Chain Disruptions

biz2credit

A streamlined supply chain is an operational advantage, the kind that most people don’t notice until a disruption occurs. Then “business as usual” becomes a chaotic mess that can quickly lead to lost sales, damaged relationships with customers, and financial strain. It’s no wonder then, that the U.S. Chamber of Commerce reports that supply chain … Continue reading "Small Business Guide to Managing Supply Chain Disruptions" The post Small Business Guide to Managing Supply Chain Disruptions