Abrigo

FEBRUARY 16, 2024

Preparing your credit administration for the next cycle Financial institutions should consider these tips for maintaining an efficient credit process throughout the year. You might also like these on-demand webinars tackling common credit risk questions. Discover options for loan policy review assistance.

Credit Risk 78

Credit Risk CECL Credit Unions 78

Abrigo

FEBRUARY 14, 2024

In AGC’s 2024 outlook report , 64% of contractors named rising interest rates and financing costs as one of their biggest concerns. Given the importance of cash flow management in construction, these pressures may point to underlying construction lending risks that may outweigh returns. Stay up to date with CRE advice.

CECL 78

CECL Credit Risk Credit Unions 78

Abrigo

MARCH 14, 2024

Perhaps they might aim to reduce inventory to 80 days by the end of the first quarter of 2024. For example—perhaps you have a manufacturing customer with a 90-day inventory turnover, while the industry average is 60 days. This excess inventory could be costing them significant amounts of money. Read the buyer's guide to lending solutions.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Small Businesses 78

Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. You might also like this webinar series, "Tackling common credit risk questions during challenging times." Get more credit risk best practices.

CECL 78

CECL Credit Risk Credit Unions Small Businesses 78

Abrigo

OCTOBER 17, 2023

According to the OCC, examiners should "determine the suitability of governance processes, including acquisition or retention of qualified staff, when the board or management undertakes significant changes" related to: M&A System conversions Regulatory requirements The implementation of new, modified, or expanded products and services (such as (..)

Credit Unions 78

Credit Unions CECL Credit Risk Dashboards 78

Know-It Global

DECEMBER 20, 2023

May We H-it London For Accountex We had a great time talking to new and existing clients whilst showing new audiences how Know-it helps businesses mitigate credit risk, reduce debtor days and boost cashflow! We are excited to be heading back to Accountex in May 2024 to exhibit at an even bigger stand!

Credit and Collections 105

Credit and Collections Debt Collections Credit Management Credit Risk 105

Your Virtual Credit Manager

APRIL 30, 2024

except if they enable you to secure an additional customer whose business is contributes significant profits, and whose credit risk is low. The good news is that until Wednesday May 1, 2024, annual subscriptions are only $29.40. Your credit agreement should include the assessment of late charges on past due balances.

Credit and Collections 100

Credit and Collections Accounts Receivable (AR) Credit Risk Bankruptcy 100

Know-It Global

FEBRUARY 26, 2024

We are excited to announce our first platform update of 2024! Your business can sign up to Know-it in seconds and implement a robust credit management process that will save time through automation. Know-it now integrates with Sage 50.

Credit and Collections 52

Credit and Collections Credit Risk Credit Management 52

Abrigo

MAY 30, 2023

1, 2024, and report for the first time by June 1, 2025. 1, 2024, is the earliest compliance deadline. Despite the seemingly long runway to prepare, it's not too early to get a handle on the new requirements and how they will affect a bank or credit union. Talk to a specialist to learn more.

Credit Unions 78

Credit Unions Credit and Collections Transactions Small Businesses 78

Abrigo

NOVEMBER 13, 2023

Takeaway 3 Utilize guidance lines to streamline the approval process for customers with fluctuating credit needs Fine-tune annual review Keeping annual review simple Annual loan reviews are a critical component in monitoring the health of a credit after it is initiated. How Strengthen your risk rating system.

CECL 78

CECL Credit Risk Transactions 78

Collenda

APRIL 9, 2024

He emphasizes that ESG factors are crucial in modern credit risk management. With ESG expected to be integrated into IFRS 9, impacting both modeling and staging, the cost of risk will rise. Banks failing to comply will face stringent penalties and increased capital requirements.

Default 40

Default Credit Risk 40

Abrigo

FEBRUARY 14, 2023

That timeline would put the compliance deadline around October 2024. Whitepaper Lending & Credit Risk Loan Origination System How Many of These Origination Frustrations Can Your Financial Institution Avoid? Compliance would be required 18 months after the final rule is published. The final rule is expected by March 31, 2023.

Small Businesses 78

Small Businesses Credit and Collections Credit Unions Credit Risk 78

Know-It Global

AUGUST 18, 2023

Scottish fintech Know-it is no exception, as they have announced the launch of their cloud-based credit management platform in Australia for 2024. Our platform, is the first of its kind, enables companies to perform credit checks, automate payment chasing, collect overdue invoices, and more in one place.

Credit and Collections 52

Credit and Collections Credit Management Credit Risk 52

Emagia

SEPTEMBER 27, 2023

A majority of credit leaders who spoke on site at the Gateway Conference with representatives from Emagia noted that their companies had either begun integrating AI into their credit and finance operations or were actively exploring solutions to implement by early 2024.

B2B Credit 52

B2B Credit Credit and Collections Order to Cash Cash Applicator 52

Know-It Global

AUGUST 18, 2023

Scottish fintech Know-it is no exception, as they have announced the launch of their cloud-based credit management platform in Australia for 2024. Our platform, is the first of its kind, enables companies to perform credit checks, automate payment chasing, collect overdue invoices, and more in one place.

Credit and Collections 52

Credit and Collections Credit Management Credit Risk 52

Know-It Global

AUGUST 16, 2023

Scottish fintech Know-it is no exception, as they have announced the launch of their cloud-based credit management platform in Australia for 2024. Our platform, is the first of its kind, enables companies to perform credit checks, automate payment chasing, collect overdue invoices, and more in one place.

Credit and Collections 52

Credit and Collections Credit Management Credit Risk 52

Know-It Global

AUGUST 16, 2023

Scottish fintech Know-it is no exception, as they have announced the launch of their cloud-based credit management platform in Australia for 2024. Our platform, is the first of its kind, enables companies to perform credit checks, automate payment chasing, collect overdue invoices, and more in one place.

Credit and Collections 52

Credit and Collections Credit Management Credit Risk 52

Know-It Global

AUGUST 16, 2023

Scottish fintech Know-it is no exception, as they have announced the launch of their cloud-based credit management platform in Australia for 2024. Our platform, is the first of its kind, enables companies to perform credit checks, automate payment chasing, collect overdue invoices, and more in one place.

Credit and Collections 52

Credit and Collections Credit Management Credit Risk 52

Know-It Global

AUGUST 16, 2023

Scottish fintech Know-it is no exception, as they have announced the launch of their cloud-based credit management platform in Australia for 2024. Our platform, is the first of its kind, enables companies to perform credit checks, automate payment chasing, collect overdue invoices, and more in one place.

Credit and Collections 52

Credit and Collections Credit Management Credit Risk 52

Know-It Global

AUGUST 16, 2023

Scottish fintech Know-it is no exception, as they have announced the launch of their cloud-based credit management platform in Australia for 2024. Our platform, is the first of its kind, enables companies to perform credit checks, automate payment chasing, collect overdue invoices, and more in one place.

Credit and Collections 52

Credit and Collections Credit Management Credit Risk 52

Know-It Global

AUGUST 16, 2023

Scottish fintech Know-it is no exception, as they have announced the launch of their cloud-based credit management platform in Australia for 2024. Our platform, is the first of its kind, enables companies to perform credit checks, automate payment chasing, collect overdue invoices, and more in one place.

Credit and Collections 52

Credit and Collections Credit Management Credit Risk 52

Know-It Global

AUGUST 16, 2023

Scottish fintech Know-it is no exception, as they have announced the launch of their cloud-based credit management platform in Australia for 2024. Our platform, is the first of its kind, enables companies to perform credit checks, automate payment chasing, collect overdue invoices, and more in one place.

Credit and Collections 52

Credit and Collections Credit Management Credit Risk 52

Emagia

NOVEMBER 10, 2023

It accentuates the urgency for credit and finance departments, especially the many that are not optimally staffed, to leverage automation and AI-based technologies. Doing so ensures they operate at peak efficiency, crucially important as we approach a potentially challenging 2024.

Bankruptcy 52

Bankruptcy B2B Credit Credit and Collections Credit Application 52

FICO Blog

JANUARY 19, 2023

While UK support will continue through 2023, and possibly into 2024, we can expect to see it provided on a more targeted basis as governments face rising debt burdens as a proportion of GDP. How credit and debit card spending and borrowing are changing over time. Doug is a banking veteran with over 20 years of experience.

Credit and Collections 52

Credit and Collections Debt Collections Credit Risk Default 52

Loomis Sayles Credit Research

JANUARY 13, 2023

billion in corporate bonds that it aims to sell by early 2024 at the latest, [iv] which implies a slowing of the current pace of sales. Z-spreads are the primary measure of credit risk used in European markets and reflect the difference between IG market yields and swap rates. iii] The BOE now holds £9.75

Credit Risk 52

Credit Risk 52

Abrigo

APRIL 22, 2024

The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets.

Credit Unions 97

Credit Unions Small Businesses Credit and Collections Credit Risk 97

Abrigo

DECEMBER 28, 2023

Papers, infographics on risk management Resources related to banking headlines were popular For banking risk and accounting staff, managing challenges tied to interest rates, liquidity, and credit portfolios will remain top-of-mind in 2024. The popularity of this whitepaper on stress testing, then, is understandable.

CECL 88

CECL Credit Unions Credit Risk Transactions 88

Serrala

MARCH 14, 2024

Industry: Consumer Packaged Goods & Services nv Thu, 03/14/2024 - 09:12 Financial automation for the consumer products and services industries Book a demo Today’s consumer has access to wider markets with more options than ever. Read more Our solutions give you the power to automate processes across your credit risk management lifecycle.

Credit and Collections 52

Credit and Collections Bad Debt Credit Risk AR Automation 52

Serrala

MARCH 14, 2024

Read more Automate your credit risk management lifecycle value with AI-enabled processes to help protect your bottom line and improve customer trust. Read more Easily manage customer credit risk Automate your credit risk management lifecycle value with AI-enabled processes to help protect your bottom line and improve customer trust.

DSO 52

DSO Credit and Collections Days Sales Outstanding Invoice to Cash 52

Know-It Global

SEPTEMBER 19, 2023

Know-it, a Scottish fintech that provides a cloud-based credit management solution for small-to-medium enterprises (SMEs), is aiming to land in Australia in 2024 after picking up a raft of customers in the UK since its launch this year. Lynne Darcey Quigley’s Know-it platform automates payment chasing and debt recovery.

Credit and Collections 52

Credit and Collections Debt Collections Credit Risk Small Businesses 52

Know-It Global

SEPTEMBER 19, 2023

Know-it, a Scottish fintech that provides a cloud-based credit management solution for small-to-medium enterprises (SMEs), is aiming to land in Australia in 2024 after picking up a raft of customers in the UK since its launch this year. Lynne Darcey Quigley’s Know-it platform automates payment chasing and debt recovery.

Credit and Collections 52

Credit and Collections Debt Collections Credit Risk Small Businesses 52

Know-It Global

SEPTEMBER 19, 2023

Know-it, a Scottish fintech that provides a cloud-based credit management solution for small-to-medium enterprises (SMEs), is aiming to land in Australia in 2024 after picking up a raft of customers in the UK since its launch this year. Lynne Darcey Quigley’s Know-it platform automates payment chasing and debt recovery.

Credit and Collections 52

Credit and Collections Debt Collections Credit Risk Small Businesses 52

Know-It Global

SEPTEMBER 19, 2023

Know-it, a Scottish fintech that provides a cloud-based credit management solution for small-to-medium enterprises (SMEs), is aiming to land in Australia in 2024 after picking up a raft of customers in the UK since its launch this year. Lynne Darcey Quigley’s Know-it platform automates payment chasing and debt recovery.

Credit and Collections 52

Credit and Collections Debt Collections Credit Risk Small Businesses 52

Serrala

MARCH 14, 2024

Read more Automate your credit risk management lifecycle value with AI-enabled processes to help protect your bottom line and improve trust. Read more Easily manage customer credit risk Automate your credit risk management lifecycle value with AI-enabled processes to help protect your bottom line and improve trust.

Credit and Collections 52

Credit and Collections Bad Debt Credit Risk Default 52

Serrala

MARCH 14, 2024

Read more Automate your credit risk management lifecycle value with AI-enabled processes to help protect your bottom line and improve trust. Read more Easily manage customer credit risk Automate your credit risk management lifecycle value with AI-enabled processes to help protect your bottom line and improve trust.

Credit and Collections 52

Credit and Collections Bad Debt Credit Risk Default 52

Abrigo

NOVEMBER 17, 2023

Credit spreads can be two to three hours faster per loan when credit risk software auto-imports financial data from the individual’s bank accounts and automatically creates a personal financial statement. The analyst can focus on analyzing large, complex scenarios rather than data entry and spreadsheets.

Credit Unions 88

Credit Unions CECL Credit Risk Credit and Collections 88