Thu.Jun 22, 2023

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FP&A is More Than Just Traditional Accounting

Accounting Department

Every savvy business leader knows the value of having a well-run bookkeeping or accounting department. But, not everyone is aware of how important it is today to have a financial planning and analysis (FP&A) team to help back their business with effective and accurate financials. While both accounting professionals and FP&A team members guide executive decision-makers and improve an organization's financial health, each one serves a different, critical function within the company.

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Bad debt expense formula | Definition & Calculation

Chaser

Did you know that the average amount of bad debt amongst UK SMEs has risen by a staggering 61% in the last year? Businesses are now writing off an average of £16,641 as unrecoverable yearly.

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How to Create a Small Business Marketing Budget

Lendio

Marketing is essential for any business, but it can really help small businesses increase engagement and build a larger customer base. Contrary to popular belief, effective marketing doesn’t have to be very expensive. In fact, more than 71% of small businesses decide to do their own digital marketing. Even with a limited marketing budget, small businesses can start marketing campaigns right away to generate leads and drive sales.

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How to Handle Clients That are Out of Scope

Enterprise Recovery

When it comes to dealing with B2B clients, it's important to approach any potentially negative situation with a proactive mindset. When you understand why clients may ask for more than your agreement, you can better anticipate and prepare for potential roadblocks. Whether it's negotiating with clients to find a mutually beneficial solution or knowing when it's time to end the relationship, there are strategies you can use to ensure a successful project outcome.

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Off-Season, On Budget: How Simplifying Your Travel Can Save You Money

Due

Traveling is not cheap , and it’s definitely not easy. A vacation can take months to research, plan, and save for, depending on the destination and duration. Despite this, travel demand has steadily increased following the COVID-19 pandemic. As of May 18, 2023, the Transportation Security Administration (TSA) had screened 2,627,978 passengers compared to 2,366,865 in 20223.

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What is a Value Proposition and How to Write One

Lendio

A value proposition is a statement that describes how your business benefits your customers. It’s typically a customer-centric statement featured on your website and can be a significant part of your marketing. Your value proposition tells your customers what pain points your product solves and how it will benefit them. Why is a Value Proposition Important?

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How to Develop Your Email Marketing Strategy

Lendio

Is your small business ready to start email marketing? Great idea—email offers $36 in ROI for every $1 spent. It’s an important point of contact that, unlike many other channels, isn’t regulated by ever-changing algorithms. However, it’s important to establish a strategy before diving into email. This guide will help you get started. Creating Your Email Content Strategy Even if you already have a lot of ideas for your email campaigns, it’s important to establish a strategy before you start sendi

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A Recovery in Aircraft ABS Appears To Be Taking Flight

Loomis Sayles Credit Research

We believe fundamentals in the aircraft industry are in the midst of a strong recovery. Global passenger demand increased dramatically over the past year as COVID-19 restrictions loosened and consumers satisfied their urge to travel. However, continued production bottlenecks have hampered new aircraft deliveries. The low supply and high demand for planes have driven a pickup in aircraft values and leasing income.

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What Is Form 5500?

Lendio

The more sophisticated your business becomes, the more your administrative responsibilities increase. Once you hire employees, you take on compliance duties related to payroll and benefits, which often include filing Form 5500. Form 5500 is a part of the annual reporting requirements for those who sponsor employee benefit plans. Here’s what you should know about it, including the form’s purpose and how to file it.

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Scottish fintech launches credit management platform to support business community

Know-It Global

ONE OF Scotland’s fastest growing fintechs, Know-It, has unveiled a new service in its cloud-based credit management platform designed to revolutionise the accounting industry. Founded by Lynne Darcey Quigley, the new platform service offers accountants an opportunity to grow their practice, assist more clients in minimising credit risk whilst receiving payment rapidly and provide them with the flexibility to offer it as a comprehensive solution, managed by an accountant, or to resell it to thei

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Collection Scenario

Credit Tools

Late payments or deadlines monitor credit and reduce the risk of bad debts. Reminding customers of their financial obligations promotes prompt payment, cash flow and reduces credit risk.

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SBB’s Alleged Covenant Breach and the Perils of Non-GAAP Metrics

Reorg Blog

Relevant DocumentsAnnouncement on Updated Q1’23 ReportQ1’23 Report (Updated on May 29)Q1’23 Report (Original)Q4’22 ReportQ4’22 Press Release2022 Annual ReportEMTN Programme Base Prospectus - May 4, 2022 UpdateEMTN Programme Final Terms A group of SBB bondholders, who

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The Vital Role of Justice Commissioners in Forced Debt Recovery.

Credit Tools

Debt recovery, court decisions, forced execution, commissioner of justice, regulations, minister of justice, creditors, debtors, third parties, police assistance, respect for procedures, rights of.

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Banks have to Act: The EU is Redefining How Instant Payments are Handled

Actico

Instant payments refer to transactions made from one account to another, available 24/7 and completed within 10 seconds. From 2024 onwards, the European Commission aims to make such transactions mandatory for all payment service providers in the EU. Since sanctions list screening comprises just one part of the payment process, only a limited timeframe - between 500 milliseconds and one second - is available.

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Challenges in enforcing judicial decisions: balancing the rights of creditors and debtors.

Credit Tools

Rights of balance: the challenges of enforcing judicial decisions. Learn about the obstacles and complexities involved in enforcing court decisions, where the rights of creditors and debtors are.

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How to Create a Compelling Email Design For Your Small Business

Lendio

Email is a fantastic marketing tool for small businesses to promote growth and brand loyalty. However, knowing all the ins and outs of email design can seem daunting and complicated. Thanks to email templates, email design is easier than ever, but there is still plenty to learn so you can get the most out of your email marketing strategy, and there is still some degree of customization that has to be done to make your emails on-brand.

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45.8% increase in business failures: France exceeds its pre-Covid-19 level

Credit Tools

There has been a significant increase in the number of businesses that are unable to survive in France. An rise of 45.

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Eurozone Inflation Rate: Is Inflation Worse in Europe or the US?

Due

Even after dropping off from the highs they’d seen earlier in 2022, gas prices were still causing consumers pain at the gas pump in late 2022. All Americans felt the sting of inflation at the grocery store, too, as 2022 saw heightened demand outpacing supply in many sectors. The inflation experts hoped would go away after 2021 was egged on further by stubborn supply chain issues and Russia’s invasion of Ukraine – which continues to instill fear and uncertainty in the global economy.

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