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Rethinking Receivables (Part 2): Why AI-Driven Automation Should Be Part of Any Long-Term Strategy

The Esker Blog

In Part 1 of the Rethinking Receivables blog series, we highlighted four strategies that all finance leaders should prioritize in 2023 in order to maintain a healthy cashflow and resilient business model. Why AR automation? Suppliers — Improving the AR process makes things easier on your customers’ AP teams as well (i.e.,

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8 Net 30 Vendor Problems to Avoid in Your Small Business

The Red Spectrum

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.

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Top 10 Regulatory Hot Topics for 2022 – What AML Professionals Need to Know

Abrigo

Takeaway 3 Financial institutions should review the common AML program deficiencies and address issues before their next audit or exam. Below are the top 10 regulatory hot topics for 2022, in no order of importance. Below are the top 10 regulatory hot topics for 2022, in no order of importance. 2022 Regulatory Focus.

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10 strategies for optimizing your accounts receivable to maximize your ROI

billtrust

10 strategies for optimizing your accounts receivable to maximize your ROI. The primary goals of accounts receivable The best KPI for accounts receivable Ten AR optimization goals you should accomplish How to get paid faster with key collection strategies How accounts receivable automation can eliminate manual tasks.

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The Top 16 Financial Books of All Time

Due

Why is this such a big deal? The above are just a few examples of why managing your finances is important. And, to start, here are the 16 best finanical books of all time that should be on your reading list. Because of this, it is considered to be a top finance book. Is your vehicle in need of a new brake line?

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Spend Control: Meaning and Best Strategies

NorthOne

Keep reading for the top benefits and strategies for small businesses. Why should you implement spend control in your business? As a small business owner, there’s always a temptation to spend money to establish and grow your business. This is where spend control can have a big impact within your company. What is spend control?

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What Rich People Do Differently with Their Money

Due

The purpose of this blog post is to identify some of the differences between rich and poor people in terms of how they handle their money. So which option should I choose? Equity is a priority. A stereotype of rich people is that they are greedy and materialistic. They’re frugal. And, Buffett is known to spend little.