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LPKR in Late-Stage Talks to Sell 29% Stake in Siloam to CVC Consortium

Reorg Blog

A CVC Capital Partners-led consortium is in advanced talks to acquire shares in PT Siloam International Hospitals Tbk, including from majority shareholder PT Lippo Karawaci Tbk.

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Biggest covid companies record $1.5tn market value loss

Due

According to a recent report by the Financial Times , the biggest corporate earners of the COVID-19 era are now facing losses of $1.5tn. Companies like Peloton and Ring Central, which have been pillars of home fitness and remote working during that difficult time for all Americans, have recorded losses after their exponential and untenable growth. Big companies see market cap slide These massive companies played a crucial role in meeting the national and global needs during the COVID-19 pandemic

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Fed’s warning stirs stagflation concerns

Due

The Federal Reserve, the central banking system of the United States, recently issued a warning that has sent ripples through the financial world. The message, delivered by Jerome Powell, the Chair of the Federal Reserve, was a stark reminder of the potential economic challenges ahead. The market’s reaction was swift and severe, with a 1.5% sell-off occurring in the last 31 minutes of trading on the announcement day.

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Learning and growing in fintech

Plooto

What led you to join Plooto, and what has your journey been like since then? As someone who majored in Economics, I was always interested in working in fintech. When I was looking for startups to apply to, the name Plooto kept coming up. Plooto is well known in the Toronto startup space, and I thought the company would be a good fit.

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Optimizing small business lending: Best practices and strategies

Abrigo

Boost your small business lending efforts from the bottom up Small businesses play a crucial role in our economy, and one of the critical factors in their success is access to funding. You might also like this guide for smarter, faster small business lending. DOWNLOAD Takeaway 1 Your loan policy sets the tone for the institution's approach to risk appetite, risk tolerance, lending philosophy, and organization of the lending function.

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Navigating Debt Collection Challenges in the Tech Industry

Enterprise Recovery

The tech industry is known for its rapid growth and innovation but faces unique challenges regarding debt collection and non-paying clients. Understanding the intricacies of debt collection in this sector is essential for companies to recover payments and maintain financial stability. Learn more about the complexities of debt collection within the tech industry and the strategies for successful payment recovery.

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Mastering Debt in Retirement: Strategies for Financial Freedom in Your Golden Years

Due

For many older Americans, the dream of a peaceful and worry-free retirement can be clouded by the weight of carrying debt as they age. With limited income sources such as Social Security, retirement savings, and pension plans, handling retirement debt can seem overwhelming. Nonetheless, recognizing how debt affects your stability and employing strategies to address it directly can pave the way for a more secure and fulfilling retirement.

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AI marketing tools for Small Businesses

biz2credit

If you’ve been a small business owner long enough, you know how important marketing is. It’s how you get the word out about your products or services, attract customers, and ultimately drive growth. But with limited time and resources, it can be challenging to execute effective small business marketing campaigns. For many entrepreneurs, finding effective … Continue reading "AI marketing tools for Small Businesses" The post AI marketing tools for Small Businesses published first on.

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Growth by Design: The Evolution of Custom-Fit Implementations | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

We are thrilled to announce that Episode 18 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

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Can You Include Tax Debt in a Bankruptcy?

Credit Absolute

Many Americans struggle with paying their federal taxes. Even though you know you must pay taxes every year, you have found it impossible. People may complain about student loans, credit cards, and rent or mortgage payments, but their tax debt can be just as much of a headache. Bankruptcy has helped many people who have […] The post Can You Include Tax Debt in a Bankruptcy?

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Success on Top for Bière de Mac with Team Financial Group

Team Financial Group

Bière de Mac opened in 2017 and experienced three years of booming business and consistent growth until the pandemic forced them to close, resulting in a significant financial setback. With the help of Team Financial, George and Danny Ranville made crucial improvements to their brewing business to move from closure to thriving and are better prepared for unexpected challenges.

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Digital 55 – Pioneering Creative Content with A Strategic Financial Partnership

FundThrough

Introduction Crafting the Future of Content through Strategic Financial Agility Digital 55, an avant-garde digital studio, blends creative storytelling with cutting-edge technology to produce dynamic media and digital learning experiences. Under the leadership of founder and Chief Creative Officer, Lauralee Sheehan—an indie musician turned digital innovator—the company has carved a niche in creating impactful digital […] The post Digital 55 – Pioneering Creative Content with A Strategic Fi

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TEAR SHEET: ReNew Notes Fairly Valued, India Clean ‘27s Pick-Up Below Average; Negative FCF To Persist, Project Completions Support Modest Deleveraging; Additional Equity Needed To Double Capacity By ‘28

Reorg Blog

The post TEAR SHEET: ReNew Notes Fairly Valued, India Clean ‘27s Pick-Up Below Average; Negative FCF To Persist, Project Completions Support Modest Deleveraging; Additional Equity Needed To Double Capacity By ‘28 appeared first on Reorg.

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How GiaDocs AI Can Manage Your AP Inbox Efficiently

Emagia

You can use AI Assistants, like GiaDocs to handle mundane tasks, allowing employees to explore more innovative ways to use analytic resources and connect business problems to data for better decision-making. By integrating AI technologies, GiaDocs can significantly enhance the efficiency and accuracy of handling an accounts payable inbox. “One of the most critical functions in finance, AP depicts money that a company owes to vendors for services or products that it purchased on credit, app

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Understanding wounded masculinity and femininity

Due

Phrases like ‘toxic masculinity’ and ‘toxic femininity’ have become commonplace, often employed to categorize certain negative behaviors associated with each gender. However, a deeper dive into these terms reveals that what we frequently label as ‘toxic’ is, in reality, a manifestation of ‘wounded’ masculinity or femininity.

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5 things you don’t want to miss at Accountex London 2024

Chaser

Are you planning to attend Accountex London 2024 ? Chaser is excited to be exhibiting at this year's event, which is set to take place on Wednesday, May 15th, and Thursday, May 16th at the Excel. As the leading event in Europe's accounting and finance community, Accountex London is the perfect opportunity for businesses to connect, learn, and discover new technologies to enhance their financial processes.

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How to Choose Between Accounts Receivable Factoring and Financing: Key Considerations

FundThrough

In this current economic environment, healthy cash flow is critical. According to a JP Morgan & Chase report, only half of all small businesses hold a cash buffer of less than one month. For companies facing the challenge of maintaining a robust cash flow, deciding on the right lending partner and/or financial solution is key. […] The post How to Choose Between Accounts Receivable Factoring and Financing: Key Considerations appeared first on FundThrough.

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TEAR SHEET: ReNew Notes Fairly Valued, India Clean ‘27s Pick-Up Below Average; Negative FCF To Persist, Project Completions Support Modest Deleveraging; Additional Equity Needed To Double Capacity By ‘28

Reorg Blog

The post TEAR SHEET: ReNew Notes Fairly Valued, India Clean ‘27s Pick-Up Below Average; Negative FCF To Persist, Project Completions Support Modest Deleveraging; Additional Equity Needed To Double Capacity By ‘28 appeared first on Reorg.

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How can recruitment companies reduce their risk of late payments?

Credit Management Group UK

Late payment and poor payment practices continue to be an enormous burden on UK businesses. For the recruitment industry, particularly recruiters that deal with temporary placements, it is essential that cash flow is maintained; late or non-payment can have a significant impact on the cash flow of a business which can result in additional costs in extending finance arrangements if that is possible, and in severe cases even insolvency of the recruitment business.

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Understanding the U.S. government’s debt cycle

Due

The United States, like any other country, operates on a budget. This budget is a balance between income and expenses. The income primarily comes from individual and corporate taxes, while the costs are allocated to various sectors such as social security, healthcare, defense, infrastructure, and interest paid on debt. However, the U.S. government’s budget management has often been criticized for not being run like a good business.

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Goddard School Overcomes Small Business Challenges – OC Business Journal

TMC Financing

As posted in the Orange County Business Journal Abhijit and Preeti Patel are set to open their Goddard School in Tustin, following a long and sometimes difficult journey of more. The post Goddard School Overcomes Small Business Challenges – OC Business Journal appeared first on TMC Financing.

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3 ideas for sustainability in fintech

Onguard

Did you know that in 2023 we, at Onguard, sent 6.241 empty cans for recycling? Sustainability is not a sprint, it’s a marathon, and a difference comes with a few small steps every day. This is why we are excited to join Visma’s Sustainability Month this May, as an opportunity to reflect and record our specific actions for a more sustainable future. Running through the whole of May, the idea of Visma Sustainability Month is not only to review our corporate actions but also to spark discussion and

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LPKR in Late-Stage Talks to Sell 29% Stake in Siloam to CVC Consortium Including GIC, Temasek at ~$2.4B Valuation; PE Firm to Transfer Existing 26% Stake to New Fund

Reorg Blog

The post LPKR in Late-Stage Talks to Sell 29% Stake in Siloam to CVC Consortium Including GIC, Temasek at ~$2.4B Valuation; PE Firm to Transfer Existing 26% Stake to New Fund appeared first on Reorg.

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How to Use GiaDocs AI for NetSuite to Accelerate AR Inbox

Emagia

Using GiaDocs AI for NetSuite to accelerate the Accounts Receivable (AR) inbox can streamline and optimize various tasks associated with managing incoming payments and customer communications. This articles details on how you can utilize GiaDocs AI for NetSuite to accelerate your AR inbox. “Immense demand is growing on cloud based integrated solutions that are ERP-agnostic and can integrate with other enterprise grade applications seamlessly.

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Embracing change: overcoming fear for growth

Due

Change is a constant, an inevitable part of life that we cannot control. Yet, many of us fear it. This fear often stems from the unknown, the uncertainty that change brings. However, a profound saying resonates deeply with many of us: “When the pain of the current reality becomes greater than the fear of change, that’s when we change.” This statement encapsulates a profound truth about human nature and our capacity to adapt and evolve.

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How to Accept Credit Card Payments for your Small Business

Lendio

As more American consumers utilize next-generation payment methods like touchless transactions or smartphone payments, there’s a general sense that we’re headed toward a cashless world. However, there are still plenty of small businesses that operate exclusively in cash—and will continue to do so for years to come. If you’re trying to decide whether you should accept credit card payments, it’s never been easier.

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This must be my profit, it says so on my phone!

blue dot counseling

Cloud accounting software is often sold as being everything you need, easy to use, do it yourself etc. Well so is a Delia Smith cookery book - and you really don't want to see my attempt at a soufflé! The post This must be my profit, it says so on my phone! appeared first on Blue Dot Consulting.

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UPDATE 1: China South City USD Notes Trustee Sends Acceleration Notice

Reorg Blog

UPDATE 1: 12:37 a.m. ET 4/26/2024: Citicorp International Ltd., the trustee of China South City Holdings’ offshore notes, has sent a notice of acceleration on four tranches of USD notes that have yet to mature, according to three sources familiar with the matter.

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LSQ Creates $2MM in Invoice Finance Facilities for N.Y.-based Software Companies

lsq

ORLANDO, Fla. (May 6, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently originated twin $1 million accounts receivable finance facilities ($2 million total) for sister software firms offering access management SAAS solutions for numerous industry verticals. The companies were referred to LSQ by a bank partner.

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The Hidden Cost of Convenience: Credit Card Processing Fees and Their Impact on Consumers

Due

We all know how convenient it is to swipe our credit cards for everyday purchases. In fact, as of 2022, 82% of U.S. adults had a credit card , making it the most common consumer lending product. In addition, according to a Forbes Advisor survey from December 2023, less than 10% of Americans prefer to pay with cash. With 53% of consumers using physical or virtual debit cards, and 37% using physical or virtual credit cards, debit cards and credit cards are the most common payment methods.

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Why Finance Controllers Should Use AI for Finance Documents Processing

Emagia

What is a Finance Controller and What are Their Responsibilities? Intelligent Document Processing (IDP) plays a huge role in enhancing the efficiency of finance controllers in the logistics area. Finance controllers manage a company’s internal finances like accounts receivable and accounts payable with more efficiency and less operational cost. Some of the responsibilities of finance controllers include overseeing internal accounting operations to managing cash and risk, ensuring timely payments