Your Virtual Credit Manager

MARCH 13, 2023

World class receivables management involves efficiently converting orders to cash while minimizing profit dilution. Many times companies find it challenging to do this, and when that happens, working capital and cash flow are impacted. Your Virtual Credit Manager works with SMBs to root out the system constraints, process inefficiencies and hidden risks that create unnecessary transactional friction, thereby diluting profitability and hindering cash flow.

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Credit Management AR Automation Small Businesses Credit and Collections 130

RMAi Blog

MARCH 13, 2023

Working at an association is different from any other job, but it is something that Deputy Director Penny Cunha has loved her whole working life. Deputy Director Penny Cunha. Careers in associations require teamwork and flexibility, being able to work with all types of people, a willingness to learn and to help in all areas, and the knowledge that it is a community and not just a job.

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Due

MARCH 13, 2023

Recessions are a hot topic – and never far from any investor’s mind. It’s a sad fact of life that these periods are inescapable – sooner or later, the economy starts shrinking, asset prices drop, and the stock market takes a nosedive. In such circumstances, it is natural to enter damage control mode. However, entering damage control the wrong way can easily result in wiping out years of positive progress in your portfolio.

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Insurance Companies 85

Loomis Sayles Credit Research

MARCH 13, 2023

The European Central Bank (ECB) has started unwinding its largest quantitative policy measure on record. While the process may seem clear, policy communications directed at investor behavior has been limited. What could that mean for the markets? Read on for our analysis. In early 2014, the ECB began a major new policy, introducing negative rates and large-scale asset purchases in conjunction with more aggressive forward guidance on interest rates.

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TreviPay

MARCH 13, 2023

In the business-to-business (B2B) world , order and transaction values can be large. When they change unexpectedly, financial challenges can quickly arise. Such instances can complicate invoice processing operations , which in turn can negatively influence the order-to-cash (O2C) process. Thankfully, there are things a business can do to mitigate the impact – including debit notes and credit notes.

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Credit and Collections Transactions Order to Cash 52

Lendio

MARCH 13, 2023

If you’re a business owner, you know the importance of financial statements. They’re essential tools for financial planning and reaching agreements with crucial external parties, such as lenders and investors. As a result, you must understand these documents thoroughly. Here’s an introduction to the terms and concepts you should know to create, maintain, and analyze the primary financial statements effectively.

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Credit and Collections 52

Lendio

MARCH 13, 2023

For many businesses that get paid through invoices or bills, accounts receivable is critical for understanding the overall financial health of your company. What Is Accounts Receivable? What is Accounts Receivable? Accounts receivable is money owed to your company, typically because you sold a good or provided a service and are awaiting payment. 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.

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

biz2credit

MARCH 13, 2023

Do you have a passion for unique and exotic cars? Why not share it with others — while earning significant revenue — by operating a luxury or exotic car rental business? The limited supply of this type of vehicle makes these businesses popular and profitable right now. Whether it’s an Audi, Mercedes, or Mustang, vehicles … Continue reading "How to Start a Luxury Car Rental Business" The post How to Start a Luxury Car Rental Business published first on.

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Lendio

MARCH 13, 2023

At the end of a specific period, bookkeepers will “close the books,” or wrap up everything for a given month, quarter, or year. This concept might seem complex, but the process can be simple if you keep your books organized throughout the year. Simply put, closing the books means ensuring that every transaction or expense is recorded and all of the information that a bookkeeper needs to put together their reports—like income statements and balance sheets—is present.

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Transactions Small Businesses 52

biz2credit

MARCH 13, 2023

In this article: How do VRBO properties work? How to start a VRBO Financing options for VRBO businesses Tips for getting the best financing for VRBO properties How do VRBO properties work? Launched in 1995, VRBO, or Vacation Rentals by Owner, is an online platform that allows individuals to find and rent vacation properties from … Continue reading "How to Start a VRBO Property and Financing Options" The post How to Start a VRBO Property and Financing Options published first on.

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Lendio

MARCH 13, 2023

Bookkeeping involves maintaining detailed records of your business’ financial transactions. It generates documentation that’s necessary for critical business functions, including creating financial statements and filing tax returns. To perform the bookkeeping for your small business, you must be able to create and maintain a general ledger. Let’s review everything you need to know about them, including how they work, what they contain, and how to use them.

Transactions 52

Transactions Small Businesses 52

CreditStrong for Business

MARCH 13, 2023

A good credit score is the key to unlocking many doors in personal finance. You’ll need a good credit score to access the best credit card accounts, get an affordable car loan, and become a homeowner. Unfortunately, 30.9% of Americans have a subprime credit score. 1 While you can always recover from having bad credit, it’s usually not a short road. Here’s how long you can expect it to take to improve your credit score by 100 points or more, plus everything you need to know to pull it off.

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Credit Scoring Credit Reporting Agencies Credit Card Companies Bankruptcy 52

Lendio

MARCH 13, 2023

If you’re in the process of starting a law firm , one of your main concerns is likely how much it will cost. There are many variables that factor into the actual cost to begin your own practice, not to mention how you will fund the whole endeavor. Some attorneys are able to create a firm on a shoestring budget. However, if you are planning on starting big, your initial costs may be more significant.

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Law Firms Cybersecurity 52

Reorg Blog

MARCH 13, 2023

The post January, February: Litigation, R&I Insight Wrap: Galapagos, Credit Suisse, SMCP Disputes Remain Hot; Creditors Challenge in Orpea, Adler; New Case Law for RPs, Special Administrators appeared first on Reorg.

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Abrigo

MARCH 13, 2023

Stress testing & deposit strategies in the spotlight The failure of Silicon Valley Bank offers other financial institutions the chance to reassess their approaches to and management of interest rate risk, liquidity risk, and credit risk. You might also like this whitepaper, "Inflation and rising rate's impacts on earnings and margins." DOWNLOAD Takeaway 1 Silicon Valley Bank's failure is a stark reminder for other financial institutions that when a crisis occurs, it can spread rapidly.

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CECL Credit Risk Credit Unions 78

Reorg Blog

MARCH 13, 2023

The post Aenova Budgets 7.4% EBITDA Growth in 2023; Rising Interest Costs Set to Keep FCF Negative appeared first on Reorg.

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Biz2X

MARCH 13, 2023

These are challenging times for lenders and borrowers alike. We’re beginning to see the light at the end of the pandemic tunnel. Now we have to deal with the economic implications and trends the pandemic drove. Case in point: the Federal Reserve Bank’s serial decisions to increase the prime rate have pushed small business loan interest rates up above 10% for the first time since 2007.

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Credit Unions Small Businesses Dashboards Credit Risk 52

Reorg Blog

MARCH 13, 2023

The post Litigation, R&I Insight Wrap: Galapagos, Credit Suisse, SMCP Disputes appeared first on Reorg.

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Lendio

MARCH 13, 2023

Many newly minted lawyers dream of one day hanging their own shingles. You may be ready to start your own law firm, but unsure of where to begin. Many lawyers, when they first start out, will work out of their home, use their personal cell phone and obtain liability insurance and a simple case management system. This post will explore the steps beyond that if your dream is to build and expand a practice.

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Law Firms Small Businesses 52

Reorg Blog

MARCH 13, 2023

The post Aenova Budgets 7.4% EBITDA Growth in 2023 appeared first on Reorg.

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SSI Healthcare Rev Cycle Solutions

MARCH 13, 2023

Eligibility Denials: A Major Challenge for Hospitals March 13, 2023 Denials are one of the most expensive revenue cycle issues, posing major concerns to revenue cycle leaders throughout the country. Today, one in five medical claims are denied or delayed leading to unnecessary operational costs and delays in reimbursements for hospitals and health systems, and confusion and frustration for patients.

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