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Be Prepared to Shoot Down Your Customer's Payment Excuses

Your Virtual Credit Manager

Once an order has been approved and fulfilled, the primary objective in terms of Accounts Receivable (AR) management is getting paid. Some customers will always pay on time. Others will always pay beyond terms and the remainder will fall somewhere in between. Keeping these latter two groups under control requires collection efforts. (Photo by Michael Starkie on Unsplash ) At a fundamental level, collections involves contacting customers to collect the money they owe you.

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Top Financial Risks Facing Small Businesses and How to Manage Them

biz2credit

Only 50% of small businesses survive five years of business, according to the U.S. Census Bureau. While it may be an intimidating number to face, understanding the risks small businesses face is the first step to crafting a financial strategy that effectively anticipates and manages these threats to your business. The best defense from financial … Continue reading "Top Financial Risks Facing Small Businesses and How to Manage Them" The post Top Financial Risks Facing Small Businesses and H

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Get To “Know” Our New Chief Operating Officer

Know-It Global

We are excited to announce the appointment of Ryszard Jedrzejewski as our Chief Operating Officer! We sat down with RJ for a quick chat to learn more about him and why he wanted to be a #knowitall 1. Welcome to Know-it! Tell us a b-it about yourself I have been fortunate over my career to have worked for lots of great companies, such as Experian, National Australia Bank, GE Capital, a fintech start-up business (Castlight Financial in Glasgow), Clydesdale Bank, M&G Investments, and a manageme

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Tips for Securing Restaurant Financing in Tough Economic Times

biz2credit

Securing restaurant financing can be particularly challenging during tough economic times when traditional funding sources tighten their criteria. This article offers practical advice for restaurant owners looking to obtain the necessary capital to start, sustain, or grow their businesses despite an uncertain economic climate. We’ll highlight alternative financing options, strategies for presenting a compelling business … Continue reading "Tips for Securing Restaurant Financing in Tough Ec

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Texas pharmaceutical marketer sentenced for $59m compounded medications fraud

Due

A Texas pharmaceutical marketer has been sentenced and will now pay the United States government $59 million in reparations. The sentence comes after a lengthy court battle that put Californian Quintan Cockerell in the sights of government legal professionals. Texas pharmaceutical marketer sees jail time Cockerell was found guilty of manufacturing the most expensive medications that doctors could prescribe as custom orders.

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Mastering Financial Success for Your SMB

Accounting Department

Running a small to medium-sized business (SMB) comes with its own set of challenges and rewards. One of the most pivotal aspects of ensuring your business's success is strategic financial planning. While it might seem daunting, mastering this process can propel your business growth and profitability to new heights. This blog post will walk you through the critical steps in strategic financial planning tailored specifically for SMB owners.

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Court Opinion Review: Silver Lining in Purdue and Jarkesy; Wesco and Robertshaw Decisions Diverge on Remedy; NJ Stans for Debtors (Again) in Invitae

Reorg Blog

The post Court Opinion Review: Silver Lining in Purdue and Jarkesy; Wesco and Robertshaw Decisions Diverge on Remedy; NJ Stans for Debtors (Again) in Invitae appeared first on Reorg.

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Dollar General agrees to a $12 million settlement

Due

Dollar General, the nationwide store, has agreed to an Occupational Safety and Health Administration (OSHA) settlement for $12 million. The Department of Labour division has been involved with the renowned U.S. store as they questioned the current health and safety standards, raising concerns about overall workplace safety. As part of the $12 million settlement, Dollar General has agreed to various changes to workplace practices and standards.

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Lendio Technology Is Now Being Used by FIS to Enable SMB Lending

Lendio

Lendio is excited to announce FIS ® (NYSE: FIS), a global leader in financial technology, is leveraging Lendio technology in the launch of its new SMB Digital Lending solution. FIS SMB Digital Lending aims to reduce the barriers to funding for small and medium-sized businesses (SMBs) by streamlining and automating lending processes for financial institutions.

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Know About Your Car Insurance Credit Score – And How It Can Get You Denied

CreditStrong for Business

The National Association of Insurance Commissioners (NAIC) estimates that 95% of auto insurers conduct credit checks when calculating car insurance premiums. Your credit history is important, as auto insurance companies may legally assess consumer credit information when making decisions such as when determining insurance rates in most states. How Does A Credit Score Affect Car Insurance Rates?

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Tommy Tsunami Surf School Rides a Wave of Success with an SBA 504 Loan

TMC Financing

Half Moon Bay, CA – Combining lifelong passion with business acumen is a sure way to achieve entrepreneurial success – and when you add commercial real estate ownership to the. The post Tommy Tsunami Surf School Rides a Wave of Success with an SBA 504 Loan appeared first on TMC Financing.

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Working at Onguard: Meet Denise 

Onguard

It’s the year 2019 and Denise is saying farewell to her colleagues at Onguard. Her six-month internship, full of learning and fun moments, has come to an end, and she is ready for her new adventure: a student exchange programme abroad. “If you wish to come back, we’ll be waiting,” one of her closest colleagues told her. And guess what! She has been with Onguard for 6 years, she started as an intern to climb to an Event Manager, and she effectively shares her energy between two roles in the compa

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The Impact of Remote Work Versus RTO on Retirement Planning

Due

Juggling successful retirement planning and remote, return to office (RTO), or hybrid options requires a bit of research and fancy footwork. How people do their jobs has changed since the pandemic. More are working from home (WFH). However, some employers are requiring RTO at least some of the time. How you plan for retirement depends on factors such as whether you are an employee or contractor and how aware you are of your company policies on 401(k) matching and your own savings.

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Gross Profit Officer – appoint one today!

blue dot counseling

Ask yourself how much your bottom line will improve or decline by if you raise or lower your gross profit margin by just 1%. Still can't afford a Gross Profit Officer? The post Gross Profit Officer – appoint one today! appeared first on Blue Dot Consulting.

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Reorg’s Analysis of 11 Non-Pro-Rata Uptiers Shows Less Aggression Following Judge Isgur’s Feb. Commentary During Wesco Litigation; Future Transactions Could Become More Aggressive Following Wesco Decision Allowing Lien Stripping of 2024 Notes

Reorg Blog

The post Reorg’s Analysis of 11 Non-Pro-Rata Uptiers Shows Less Aggression Following Judge Isgur’s Feb. Commentary During Wesco Litigation; Future Transactions Could Become More Aggressive Following Wesco Decision Allowing Lien Stripping of 2024 Notes appeared first on Reorg.

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Step-by-Step Tutorial: BigCommerce Bulk Price Editor

Grit

In the competitive world of eCommerce, efficient price management is crucial. According to a study by Statista, global eCommerce sales are expected to reach $6.33 trillion in 2024. With this massive market, online store owners need effective tools to stay ahead. The BigCommerce Bulk Price Editor is a powerful tool that helps online retailers manage product pricing at scale.

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6 things Sage Intacct users can do to improve their accounts receivable process | Chaser

Chaser

If you're relying on Sage Intacct to optimize your financial operations, you understand its robust capabilities in automating tasks and enhancing efficiency. Particularly in accounts receivable, this cloud-based platform excels by facilitating faster invoicing, versatile payment options , and direct email communication with your clients. Yet, pairing it with Chaser's technology elevates this convenience to a whole new level.

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Decoding ‘big money’ in contemporary society

Due

“Big money” is not just a phrase but a lifestyle, a mindset, and a symbol of power. It is popularized in various sectors, TV shows, and particularly in the music industry, where it is often used to denote wealth, influence, and success. This article delves into the intricate dynamics of “big money,” its implications, and its representation in contemporary society.

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How to Select the Right CRM for Your Small Business

biz2credit

Choosing the right Customer Relationship Management (CRM) system is crucial for small businesses operations. It’s a proven method to streamline customer interactions, enhance marketing strategies, and improve sales. This guide provides a detailed walkthrough on how to select the most suitable CRM system for a small business, highlighting important features, factors to consider, and common … Continue reading "How to Select the Right CRM for Your Small Business" The post How to Select the Ri

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Global Liability Management Quarterly: Cooperation Agreements Rise; Ardagh’s Pari-Plus Deal Allows Company to Benefit From Decline in Bond Prices; R&F ’24 LME Cancels $1.2B Notes, Delays Redemptions, July Coupon Payment Uncertain; Hunkemoller Creditors Primed

Reorg Blog

The post Global Liability Management Quarterly: Cooperation Agreements Rise; Ardagh’s Pari-Plus Deal Allows Company to Benefit From Decline in Bond Prices; R&F ’24 LME Cancels $1.2B Notes, Delays Redemptions, July Coupon Payment Uncertain; Hunkemoller Creditors Primed appeared first on Reorg.

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Advantages of BigCommerce HubSpot Integration for Enhanced Marketing Automation

Grit

Did you know that businesses using marketing automation see a 451% increase in qualified leads? BigCommerce HubSpot Integration can significantly impact your eCommerce business. Combining BigCommerce’s powerful eCommerce platform with HubSpot’s robust marketing automation and CRM tools provides a seamless experience for managing customer relationships, marketing efforts, and sales processes.

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The value of intangible assets

Cpcmcredit Blog

Intangible assets have a poor reputation. Often seen as a slick and rate dubious tool to prop up wobbling balance sheets, many lenders, insurers and ratings agencies, virtually dismiss them. Often entirely The problem is that the concept that they have no value at all is clearly wrong. I mentioned here previously that I was seeking credit insurance cover for a client that included a £10m intangible asset on its balance sheet.

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Hospice care provider embroiled in federal health care fraud allegations

Due

A hospice care provider has been at the center of allegations that it may have defrauded federal health care programs. According to court documents, Kindred at Home was accused of knowingly defrauding the U.S. government. The umbrella organization operated out of Atlanta and had multiple splinter branches, including Avalon, Kindred, SouthernCare, and SouthernCare New Beacon.

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The opposite of “Garbage In – Garbage Out”

blue dot counseling

Of course, businesses evolve - new products, services, markets etc. - so it's important you keep these three building blocks under review and in sync with each other and in line with the path your business takes. The post The opposite of “Garbage In – Garbage Out” appeared first on Blue Dot Consulting.

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Court Opinion Review: Silver Lining in Purdue and Jarkesy; Wesco and Robertshaw Decisions Diverge on Remedy; NJ Stans for Debtors (Again) in Invitae

Reorg Blog

The post Court Opinion Review: Silver Lining in Purdue and Jarkesy; Wesco and Robertshaw Decisions Diverge on Remedy; NJ Stans for Debtors (Again) in Invitae appeared first on Reorg.

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Maximize Efficiency with BigCommerce Price Lists: A Complete Guide

Grit

According to Forbes , personalized pricing is a game-changer that significantly enhances customer experience by offering tailored prices to individual buyers based on their behavior and preferences. In the fast-evolving retail industry, businesses are shifting from traditional dynamic pricing models to more personalized approaches to meet customer expectations better.

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Mapping the best finops stack for your business

Plooto

Financial technology (fintech) makes it easier for businesses to do everything from issuing invoices and processing payments to managing expenses and making payroll. These solutions are the behind-the-scenes tools that quite literally allow businesses to send and receive money.

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16 High-Paying Jobs That Are Fun Too

Due

The world of work can be daunting and often unfulfilling for many people. A Korn Ferry survey of 5,000 professionals revealed that the number one reason people leave their jobs is boredom. If you find yourself in this situation, you may wonder how to find a fun and well-paying job. Fortunately, there are many exciting career options out there that can provide both enjoyment and financial stability.

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Blue Dot Consulting newsletter

blue dot counseling

From time to time we send out our email newsletter that looks at different financial aspects of running your business and offers ideas for making your financial management more efficient and effective. Sign up here! The post Blue Dot Consulting newsletter appeared first on Blue Dot Consulting.

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Reorg’s Analysis of 11 Non-Pro-Rata Uptiers

Reorg Blog

Analysis of recent non-pro-rata uptier transactions for which exchange information is available suggests that transactions have become less aggressive.

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Boost Your Sales with BigCommerce Email Marketing Strategies

Grit

Did you know that email marketing has an average return on investment (ROI) of $45 for every $1 spent ? This statistic highlights the incredible potential of BigCommerce email marketing for businesses. BigCommerce offers the tools necessary to implement effective email marketing strategies, helping you increase sales and customer engagement through well-crafted email campaigns.

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