The Red Spectrum

JUNE 15, 2023

Whether you need working capital, inventory, equipment, or expansion funds, you want to get the best deal possible without compromising your cash flow or credit score. But what if you operate in a high-rate environment, where interest rates are rising and credit tightening?

Nonprofit Organizations 73

Nonprofit Organizations Credit Scoring Credit and Collections Credit Unions 73

Gaviti

JANUARY 2, 2024

What is a Cash Flow Metric? Cash flow metrics are the standards by which CFOs measure cash flow health and accounts receivable performance. They are used in nearly every financial function, including accounts receivable, payable, cash flow reporting, and more.

Collection Effectiveness Index 52

Collection Effectiveness Index Average Days Delinquent DSO Days Sales Outstanding 52

Onguard

AUGUST 30, 2023

A thorough risk management is indispensable for any finance department. But which parts of risk management are essential in 2023, and what should finance professionals consider? Cash flow issues within risk management An essential part of financial planning is actively managing cash flow.

Credit Management 52

Credit Management 52

Lendio

NOVEMBER 1, 2023

The best place to start is by identifying what your specific use will be for the loan. A business line of credit is revolving, so rather than receiving a lump sum, you can access the money as many times as required. You’d end up driving home with a new can of paint, but it’s unlikely you’d get the one needed for your specific job.

Small Businesses 98

Small Businesses Credit Scoring Credit and Collections Default 98

Due

FEBRUARY 5, 2024

One way to leverage keyword data is by using it to plan and organize your content. Consider creating content pillars for publishing blog articles, web pages, and other owned content. As marketing strategy platform DemandJump explains, using pillar-based marketing can grow your topical authority. But what about your business?

Credit and Collections 116

Credit and Collections 116

Lendio

FEBRUARY 27, 2024

Circumstances can change rapidly, for better or worse—a few days of bad weather or a positive Instagram post from a popular influencer can have huge impacts on a small business’ cash flow. How does a business line of credit work? As you pay down the balance, the amount of credit available to use increases.

Alternative Payment Methods 52

Alternative Payment Methods Credit Scoring Credit Card Companies Small Businesses 52

Abrigo

DECEMBER 18, 2023

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. You might also like this webinar on credit department housekeeping. But Kirby recommended examining data and surveys used to support this idea.

Credit Unions 88

Credit Unions Credit Risk Insurance Companies Small Businesses 88

Lendio

OCTOBER 17, 2023

How you plan to use your loan and the loan amount you’re seeking will often dictate which type of loan you qualify for. Common use cases for a business loan include: Purchasing equipment Working capital Purchasing property Refinancing a current loan Business expansion 2. Ready to find out more? Let’s learn how to get a business loan.

Credit Scoring 98

Credit Scoring Credit Unions Small Businesses Transactions 98

The Red Spectrum

MAY 11, 2023

The financial stability of any organization depends heavily on how well vendor accounts are managed. You must manage your Net 30 vendor accounts as a business owner or financial manager if you want to make sure that your suppliers are paid on time and that you have a good working relationship with them.

Small Businesses 94

Small Businesses Credit Scoring 94

Credibly

FEBRUARY 2, 2024

Table of Contents How can I use capital in my business? Common sources of capital for businesses Where to get sources of capital The future of your business, built better—with Credibly In business, capital plays a crucial role in determining success. First, many use their own savings. Debt financing: This means taking a loan.

Invoice Amount 52

Invoice Amount Credit Scoring Credit and Collections Small Businesses 52

Onguard

MARCH 1, 2024

The money is then used to further invest in making better products or providing more comprehensive services and to expand their client base. The credit management department have just had to grin and bear it. Sending invoices immediately also benefits companies by ensuring a constant flow of cash coming in.

DSO 52

DSO Order to Cash Credit Management 52

ForwardAI

NOVEMBER 10, 2022

Cash flow is a problem that has been troubling small and midsize businesses (SMBs) and accountants since the dawn of time. Combine tight capital, slow cash turn-around time, and lack of planning, and it’s no surprise that this issue comes back, again and again, every month-end when the bills come in.

Small Businesses 86

Small Businesses Accounting Firms 86

Waystar

APRIL 25, 2023

This is the eighth and final post in a new Waystar blog series: 7 steps to sharpen your healthcare revenue cycle. Don’t want to go blog-by-blog? Days in receivables outstanding (DRO) DRO is arguably the best overall indicator for how quickly your organization turns receivables into cash. medical billing metriC: 4.

Medical Billing 98

Medical Billing Dashboards Credit and Collections Current Receivables 98

FICO Blog

APRIL 12, 2023

mortgage-backed securities), auto loans, and credit card balances. Asset-backed securities are initiated when a financial institution creates securities collateralized or backed by the cash flows generated from the underlying group of assets in the securitized pool. The cash flows are passed through to the investors.

Credit Scoring 52

Credit Scoring Default 52

The Red Spectrum

MAY 22, 2023

In this blog, we’ll examine the numerous ways that rising interest rates may impact your business and offer tips on how to survive and prosper in the face of shifting economic conditions. Furthermore, higher interest rates can also affect the availability of credit.

Small Businesses 84

Small Businesses 84

Abrigo

OCTOBER 4, 2022

Several factors make this rising-rate environment different, so strong asset/liability management is critical for increased earnings. Takeaway 1 Banks and credit unions can increase earnings in a rising-rate environment with careful asset/liability management. Secondly, where can cash be reinvested? DOWNLOAD .

Credit Unions 78

Credit Unions CECL Credit Risk 78

The Red Spectrum

MAY 12, 2023

A high maintenance and improving strong credit score in today’s competitive business environment. Prioritizing credit monitoring and management as part of their overall financial management strategy is especially important for small business owners. Scores for individual credit range from 300 to 850.

Credit Scoring 96

Credit Scoring Small Businesses Credit Management 96

NorthOne

APRIL 27, 2023

As a small business owner, managing your accounts payable helps you keep track of short-term debt , avoid incurring late fees, and stay on top of your cash flow. While accounts payable management was for many years a manual process, automation allows you to save time and money and reduce errors.

Small Businesses 52

Small Businesses Transactions 52

Lendio

NOVEMBER 13, 2023

Using a line of credit for construction businesses, contractors, and builders creates a financial safety net at all times. What is a construction line of credit? A business line of credit helps construction-related industries maintain ongoing access to capital. Secured vs. unsecured lines of credit.

Credit Scoring 52

Credit Scoring Default 52

NorthOne

JUNE 26, 2023

Business finance is a key aspect of managing any business, and it is one of the most important components of entrepreneurial success. Understanding the nuances of business finance is crucial to managing cash flow, making financial decisions, and ensuring overall profitability.

Days Sales Outstanding 52

Days Sales Outstanding Credit Scoring Transactions Small Businesses 52

Lendio

DECEMBER 12, 2022

The availability of dependable cash flow can have a big impact on the success of a small business. Alternative business loans are business loans, lines of credit or other forms of business financing offered by lenders other than traditional banks. It’s tempting to look at the bank as the bad guy in this scenario.

Small Businesses 98

Small Businesses Credit Scoring Credit and Collections Credit Reporting Agencies 98

Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. You might also like this video, "A look at credit risk in a rising-rate environment." Signs of increased activity ahead. Watch webinar.

Credit Unions 78

Credit Unions Credit Risk CECL Credit Management 78

ForwardAI

JANUARY 18, 2023

This time on our Meet the Team blog, we’re going to interview our CEO and Co-Founder, Nick Chandi. First, I built custom accounting integrations for accountants and bookkeepers, helped them with IT support, assisted them with security issues, and often simply advised them which app to use.

Credit Scoring 52

Credit Scoring Small Businesses 52

Lendio

APRIL 11, 2024

This way, you won’t have to use employees and money to build the technology yourself, compete for digital prowess, or fight for locations. Founders, leaders, and other tenured employees may use a buyout as a catalyst for an exit. When the giants fall, it makes a big bang. For small businesses, the margin of error is much thinner.

Small Businesses 98

Small Businesses Bankruptcy Credit Scoring Transactions 98

NorthOne

MAY 3, 2023

Tracking your accounts payable helps keep track of cash flow and avoid incurring penalties or debt. For example, if you notice that your accounts payable decreases over time, this indicates you’re paying obligations faster than you’re purchasing them on credit. What does accounts payable mean?

Invoice Amount 52

Invoice Amount Credit Card Companies Default Small Businesses 52

Abrigo

AUGUST 30, 2022

Expanding the commercial loan portfolio in today's market With the right strategies, banks and credit unions can expand their commercial loan portfolios successfully. Takeaway 3 Risk mitigation is essential to understanding the impact of lines of credit on profitability and allowance. Market conditions. Knowing the why.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Small Businesses 78

The Corcentric Blog

NOVEMBER 21, 2023

cash flow), meaning it’s a calculation of the company’s ability to pay its short-term debts. It shows how well a company can pay off its accounts payable by comparing net credit purchases to the average accounts payable. The higher the accounts payable turnover ratio, the quicker the business pays off its debt. That means 1.8

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billtrust

OCTOBER 11, 2022

Stress-free accounts receivable solutions for smoother cash flow. The five biggest challenges in accounts receivable (and how to to solve them) The importance of accounts receivable management How do you manage accounts receivable better? Share with your network: Mail. What you’ll learn.

Accounts Receivable (AR) 52

Accounts Receivable (AR) AR Automation Credit and Collections Cash Applicator 52

Lendio

MARCH 31, 2023

This is an obvious statement for those who sell end-use products such as skateboards or alarm clocks, but it also relates to manufacturers that supply other businesses. Your inventory is your lifeblood, so it’s essential you manage it accordingly. If you have a small business, you probably have inventory. What Is Inventory Accounting?

Small Businesses 98

Small Businesses 98

The Red Spectrum

MAY 2, 2023

A small business credit card is one of the key financial tools that small business owners can utilize to manage expenses. Small business credit cards offer numerous benefits, such as cashback rewards, travel perks, and expense management tools. In addition, consider the size of your business and your cash flow.

Small Businesses 61

Small Businesses Credit Scoring Transactions 61

Onguard

APRIL 28, 2023

Using credit management software makes it possible to bring together all customer information and generate a comprehensive customer profile. This creates a 360° view of customers, reducing risks of unpaid invoices and improving predictability of cash flow. We explain that in the blog below.

Credit Management 52

Credit Management DSO Credit and Collections Order to Cash 52

NorthOne

JUNE 27, 2023

Unlike regular business banking, franchise banking offers tailored financial services and products that are specifically designed to help franchisees manage their finances more efficiently. Additionally, franchise banking can help simplify account management. Another challenge that franchise owners may face is managing their cash flow.

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52

Lendio

NOVEMBER 13, 2023

Companies of all sizes, from multi-billion-dollar manufacturers to small bakeries, use purchase orders to protect themselves and their customers. You can’t bring a purchase order to a lender and receive cash to fulfill a major order. Read on to learn more about the process of seeking out funding to help fulfill orders.

Transactions 87

Transactions 87

Lendio

JANUARY 25, 2023

Yet one of your most important duties as a small business owner is managing your company’s finances. Small Business Administration (SBA), 82% of failed small businesses go under due to cash flow problems. Read on for 11 tips to help you manage your small business finances.

Small Businesses 52

Small Businesses Credit Scoring Deductions Credit Application 52

Lendio

APRIL 19, 2023

Internal reporting processes should help business managers meet tax obligations and make better-informed business decisions. That primarily refers to the balance sheet, income statement, and statement of cash flows. However, it exclusively tracks those that impact your company’s cash balance.

Credit and Collections 52

Credit and Collections Small Businesses 52

Lendio

MARCH 13, 2023

If you don’t receive cash for your good or service at the point of sale, the amount is added to your accounts receivable account. If you don’t receive cash for your good or service at the point of sale, the amount is added to your accounts receivable account. What Is Accounts Receivable? What is Accounts Receivable?

Allowance for Doubtful Accounts 52

Allowance for Doubtful Accounts Bad Debt Credit and Collections Credit Sales 52

Lendio

JUNE 6, 2023

Even more difficult is finding and maintaining funding and cash flow to support day-to-day operations. Bank, as quoted in this Business Insider article, 82% of businesses fail mainly because of poor cash management. At this point, most businesses can only turn to business credit to secure funding from lenders and banks.

Credit Scoring 52

Credit Scoring Credit and Collections Bankruptcy Transactions 52