Credit Research Foundation

MAY 16, 2024

It’s Your Job to Sell Order-to-Cash Transformation – An Outline to Begin Your Journey Through a recent CRF webinar , I had the pleasure of listening to a former credit practitioner, Sarah-Jayne Martin, share her experiences selling the need to invest in technology at the operational level of an Accounts Receivable organization. What was truly interesting was that it wasn’t just about developing an ROI (return on investment) and placing that in front of a CFO, but to holistically consider impacts

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Your Virtual Credit Manager

MAY 14, 2024

Monitoring and tracking cash is a critically important activity for most small businesses (for more on that subject, check out “ Taking the Crystal Ball out of Cash Flow Forecasting ”). Since payment of Accounts Receivables (AR) is the primary source of regular cash inflows for most companies, you need to also track your AR to not only maintain its health as well as to better manage it and ensure maximum cash inflow.

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AR Metrics DSO Credit and Collections Accounts Receivable (AR) 130

Due

MAY 16, 2024

It’s no secret that we live in a world obsessed with “more.” But, as Benjamin Franklin said, “Many a man thinks he is buying pleasure when he is really selling himself to it.” However, minimalism offers a refreshing approach to personal finance. Despite the misconception, this isn’t about deprivation or hardship. Rather, it’s about aligning your finances with your values and finding freedom in simplicity.

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Lendio

MAY 17, 2024

What’s the difference between cash flow and profit? As a business owner, these two terms can feel interchangeable. But the truth is, they’re far from it—and knowing when to prioritize one over the other can help you make better strategic decisions in that moment. What is cash flow? Whether you’re just starting a business or have an established brand, you’ll feel the effects of cash flow similarly.

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Accounting Department

MAY 16, 2024

Outsourced client accounting services play a crucial role in helping businesses take control of their financials. These services involve outsourcing the accounting and bookkeeping tasks to a third-party service provider, allowing businesses to focus on their core operations. The role of outsourced client accounting services goes beyond basic bookkeeping; it includes managing accounts payable and receivable, payroll processing, financial reporting, and more.

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Enterprise Recovery

MAY 17, 2024

Outsourcing accounts receivable and collections is a strategic decision that can benefit businesses. By partnering with a collection agency, businesses can offload the time-consuming task of chasing unpaid invoices, allowing them to focus on their core operations. Discover the financial benefits of outsourcing your accounts receivable and how it can positively impact your business's bottom line.

Debt Collections 66

Debt Collections 66

Due

MAY 12, 2024

In the pursuit of tranquility and serenity, it’s not uncommon for individuals to find themselves looking in all the wrong places. The search for inner peace often leads them to seek peace in their external environment, material possessions, other people, and even societal validation. However, the secret to finding inner peace isn’t found in the outer world but within oneself.

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biz2credit

MAY 14, 2024

In this article, we cover: What is Credit Card Processing? Does My Business Need Credit Card Processing? Best Credit Card Processing Companies for Small Businesses When it comes to running a business, cash may be king, but plastic dominates most transactions. And because of this, having a seamless payment solution for your small business is … Continue reading "Best Credit Card Processing Companies for Small Businesses" The post Best Credit Card Processing Companies for Small Businesses pub

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Small Businesses Transactions 59

Accounting Department

MAY 17, 2024

Andrea engages in a candid conversation with ADC co-founder Bill Gerber, exploring the pivotal decision-making process behind delegating tasks for business growth.

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Chaser

MAY 14, 2024

The Prompt Payment Code protects organisations and their suppliers by establishing regulatory standards for payment. The Code was established in 2008 and has undergone several revisions since then, including the most recently updated standards in April 2024.

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Small Businesses 59

Reorg Blog

MAY 18, 2024

Join Reorg in person or virtually on June 5 as we discuss distressed trends in higher education and workarounds for high-yield credits in the sector.

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Due

MAY 18, 2024

Numerous studies have shown that job-related stress is by far one of the most significant sources of stress for American employees, with a significant number of elderly or those over 50 years old being impacted by high-pressure jobs and complex working schedules. The Economic Policy Institute found that nearly half – 46.1 percent – of those aged 50 and older experience stress due to high-pressure jobs.

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Credit and Collections Law Firms 52

Cpcmcredit Blog

MAY 16, 2024

Perhaps inspired by Casey Jones (above), many boys of my age dreamt of being a train driver when they grew up. Admittedly todays electrical units are not as romantic as the steam trains of old but its still a career that surely must be appealing to many people on a variety of levels We are all frustratingly aware that the trade is heavily unionised but that does also mean that drivers conditions are very favourable with relatively high wages and levels of leave.

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Accounting Department

MAY 15, 2024

In the dynamic world of entrepreneurship and business management, every decision you make can significantly impact your business's trajectory. Whether it's choosing between investing in new technology or expanding your product line, the choices are endless and often complex.

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Small Businesses 76

biz2credit

MAY 16, 2024

Purchasing a franchise comes with a (often costly) franchise fee. And it may have you feeling sticker shock and wondering if you can afford the opportunity. The good news is that franchise fees are a standard part of every franchising business—so if you’re attracted to the business model and have a brand in mind that … Continue reading "Understanding Franchise Fees" The post Understanding Franchise Fees published first on.

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Emagia

MAY 15, 2024

The global economic landscape of the previous year was fraught with tension, stemming from the collapse of Silicon Valley Bank (SVB), a bank run, and the Fed’s decision to maintain interest rates at historic highs to curb inflation. These events underscored the paramount importance of liquidity management in the corporate sphere, prompting an intensified focus on navigating financial uncertainties.

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Default Credit Risk Cash Applicator 52

Due

MAY 17, 2024

The world of investment is a complex labyrinth filled with myriad opportunities and pitfalls. One of the most common misconceptions is the belief in the ability to time the market perfectly. However, an old Wall Street adage states, “The stock market timing hall of fame has zero members.” This statement underscores the futility of predicting market movements with absolute certainty.

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Chaser

MAY 16, 2024

Effective debt collection and management strategies are vital to most businesses. Predictive analytics are revolutionizing these aspects of financial management, empowering businesses with invaluable insights from vast amounts of data.

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Debt Collections 52

blue dot counseling

MAY 14, 2024

From time to time it's worth checking in with your accountant just to make sure everything is in as good a shape as you think it is. The post We’re a small business, I do all the bookkeeping – I just need someone to keep us on the right track appeared first on Blue Dot Consulting.

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Small Businesses 52

Reorg Blog

MAY 14, 2024

Below are excerpts from recently published ratings actions on a selection of companies, including those within Reorg's coverage universe as well as certain leveraged loan borrowers not yet under coverage. Cumulus Media Inc. Ratings Alert: Cumulus Media Inc.

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Plooto

MAY 14, 2024

Experienced accountants are hard-wired to remain audit-ready. But for small and medium-sized businesses (SMBs), are their financial team really prepared to provide detailed financial recordings, having their time monopolized and day-to-day responsibilities disrupted?

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Due

MAY 17, 2024

Many retirees want to leave the world a better place than the one that existed when they arrived. But that sometimes feels impossible with all the negative headlines about environmental or social issues in the world today. It’s no wonder that impact investing has emerged in recent years as a way for people to align their financial goals with their personal values.

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Cpcmcredit Blog

MAY 14, 2024

One area which distinguishes certain lenders from others is the quality of their customer interface. Certain clients will view this with varying degrees of importance but in my experience, it’s never a factor to be completely dismissed. Firstly the responsiveness of the telephone interaction is vital, given that invoice financing is an ever evolving facility and here some lenders have varying degrees of responsiveness.

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Transactions 52

lsq

MAY 13, 2024

For any business, efficient cash flow management stands as a cornerstone for sustained growth and prosperity. At the heart of this endeavor lies the cash conversion cycle (CCC), measuring the duration required for a company to transform its investments into sales-generated cash flows. A recent study by Citi underscores the pivotal role of shortening the cash conversion cycle, highlighting supply chain finance as a crucial instrument in achieving this goal.

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Reorg Blog

MAY 14, 2024

Below are excerpts from recently published ratings actions on a selection of companies, including those within Reorg's coverage universe as well as certain leveraged loan borrowers not yet under coverage. Cumulus Media Inc. Ratings Alert: Cumulus Media Inc.

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Grit

MAY 19, 2024

Marketing automation is a game-changer for businesses. According to a study by softwarepath , companies that use automation can reduce marketing costs by 12.2%. For B2B businesses using BigCommerce, automating marketing efforts is key to streamlining operations, improving customer engagement, and boosting sales. In this blog post, we will explore the benefits of BigCommerce automate marketing , key areas to automate, and how tools like Atom8 can enhance your BigCommerce marketing automation effo

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Due

MAY 17, 2024

For many people, understanding financial advice can be daunting. The sheer amount of information about budgets, investments , and debt management can be paralyzing. However, what if something was missing, a fundamental shift that simplified everything? Enter the power of intentionality. Intentionality doesn’t have to be as complicated as a financial product or strategy.

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Cpcmcredit Blog

MAY 14, 2024

To make matters worse, the auditors were (once again) big four firms and the FCA was being overseen by Andrew Bailey, now the head of the Bank of England. The FCA who seemingly couldn’t question why a “investment firm” was guaranteeing 8% returns when interest rates were 0.25% Its always 7 or 8% too. Doesn’t it occur to these people that such returns in such a market are impossible to guarantee and hasn’t it piqued their attention that its always pitched at this rat

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Investment Firms 52

blue dot counseling

MAY 18, 2024

An optimised finance function is not just about crunching numbers, it's about providing useful financial information and insight into business performance that people take action on. The post Overhaul and rebuild your finance function appeared first on Blue Dot Consulting.

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Reorg Blog

MAY 16, 2024

Join Reorg in person or virtually on June 5 as we discuss distressed trends in higher education and workarounds for high-yield credits in the sector.

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Grit

MAY 19, 2024

Did you know that businesses using marketing automation tools see a 14.5% increase in sales productivity and a 12.2% reduction in marketing overhead? BigCommerce, a leading eCommerce platform, offers extensive integration options with various third-party applications, including Mailchimp, a powerful marketing automation tool. This BigCommerce Mailchimp integration enables businesses to enhance their marketing strategies and improve customer engagement.

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