RMAi Blog

APRIL 20, 2023

An Initiative Dedicated To Planting Trees Around The World to further our sustainability efforts. ARIZONA, Apr. 20, 2023 — Remitter, a digital communication and collections platform announces it’s partnership with One Tree Planted, a globally recognized non-profit organization focused on reforestation and environmental conservation efforts. For every client we onboard Remitter pledges to plant 10 trees in regions where they are needed most.

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Due

APRIL 20, 2023

Forward-thinking investors often hunt for smart and safe avenues to grow their funds. Being a strategic investor, you wouldn’t hesitate to consider compound interest as the ‘eighth wonder’. Simply defined, compound interest is the interest that you accumulate on top of the interest and principal amount. Sounds confusing? Don’t fret! 69% of Americans don’t understand how compound interest works.

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Brokerages Credit Unions 105

RMAi Blog

APRIL 20, 2023

Startek integrated Zenarate into its Startek Agent AI to enhance employee experience and deliver a superior customer experience PALO ALTO, Calif. and DENVER, April 20 — Zenarate, the leading Simulation Training solution, today announced that Startek ® (NYSE: SRT), a global customer experience (CX) solutions provider, is using its AI Coach to provide immersive training to its contact center teams.

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The Red Spectrum

APRIL 20, 2023

Credit Limit: What is it? A credit limit is the highest amount of credit that a financial institution grants to a client on a credit card or a line of credit. Lenders typically establish credit limits based on various pieces of information about the credit-seeking applicant, including their income and employment status. Credit limits are a crucial factor that can impact consumers’ credit scores and their capacity to obtain credit in the future.

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Credit Scoring Credit Reporting Agencies 90

Lendio

APRIL 20, 2023

Financial metrics can provide valuable insight into the strength of your business’ financial position and performance. Profitability ratios are among the most important metrics, since maximizing profits is most businesses’ primary goal. Here’s what you should know about profitability ratios to use them effectively in your financial planning, including what they are, which ones are most common, and how to calculate them.

Deductions 87

Deductions 87

Chaser

APRIL 20, 2023

We are proud and excited to share that Chaser has won UK Small Business App Partner of the Year at the Xero Awards 2023. The award recognises app partners with a proven track record of growth with Xero’s UK customers, who provide a fantastic user experience and have a world-class engagement program. The Xero Awards are a celebration of excellence among Xero’s accounting, bookkeeping and app partners that help small businesses thrive around the globe.

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Small Businesses 74

The Red Spectrum

APRIL 20, 2023

Building business credit is essential for small businesses looking to grow and expand. Without a strong credit score, securing financing or partnerships that can help your business thrive can be difficult. In this article, we will provide you with a comprehensive guide on how to build business credit for your small business. Business credit is separate from personal credit, which is based on your personal credit score and history.

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Small Businesses Credit Scoring Credit Reporting Agencies Transactions 56

Lendio

APRIL 20, 2023

Accepting credit card payment is essential for any business. Most people have at least one credit card at all times, but can the same be said for cash? Some people will still pay with cash, but that target audience is slimming down in a big way. Using your bank to process credit card payments might seem like a quick and easy solution, but that convenience may come with hefty fees that cut into your profits.

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Credit Card Payments Credit and Collections Transactions Small Businesses 52

Grit

APRIL 20, 2023

Augmented reality (AR) technology is useful in various fields, including warehouse management. AR-enabled phones and proper glasses can save time and help staff make fewer mistakes during inventory processes. Let’s look at how AR warehouse management will help your business! Benefits of AR in Inventory Processes One crucial benefit of AR is its application in inventory management, which was previously a paper-based task requiring intensive and time-consuming training.

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Lendio

APRIL 20, 2023

Most entrepreneurs look forward to tax season with the same amount of enthusiasm that kids usually have for a trip to the dentist. (Not that you can blame either party. Dentists are so widely dreaded that there’s a term for it: dentophobia.) Likewise, taxes can seem like a curse to business owners, adding pressure to the already slim margins of a small business.

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Small Businesses Deductions 52

tillful

APRIL 20, 2023

Hello Tillfulers! We’re thrilled to be rolling out Tillful Credit Builder, a safer, easier, no-security-deposit-required way to start building business credit. In this article, we’ll be going over how Credit Builder works from sign up to reporting, and covering all the questions you’ve been sending our way. As always, we’re unendingly grateful for you, and can’t thank you enough for your support!

Credit Scoring 52

Credit Scoring Small Businesses 52

Lendio

APRIL 20, 2023

Business owners often get swept up in their day-to-day responsibilities, but meeting long-term goals also requires financial planning. One of the most important aspects of your business for you to analyze is its capital structure, which refers to the mix of debt and equity used to finance its operations. The debt-to-equity ratio can provide insight into the health of your business’ financing arrangements.

Small Businesses 52

Small Businesses 52

The Red Spectrum

APRIL 20, 2023

The concept of vendor credit and business tradelines are widely discussed in the realm of credit building for businesses. This type of credit is crucial for establishing and improving business credit scores and indexes. In the business world, a vendor is an entity that sells products, services, or raw materials to other companies. Vendors can benefit businesses that purchase goods or services upfront or with deferred payment terms.

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Credit Scoring Small Businesses Credit and Collections 52

Collenda

APRIL 20, 2023

Debt Rainbow provides an automated acquisition journey using Aryza technology. Aryza tool provides bespoke options based on individual financial circumstances. Debt Rainbow offers debt advice to all UK residents. They help clients to find the right debt solution that can result in lower monthly payments which can help clients get in control of their finances.

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Credit and Collections 52

The Red Spectrum

APRIL 20, 2023

If you’ve ever received an invoice from a vendor or supplier, you may have noticed the payment terms listed at the bottom. One of the most common payment terms you’ll come across is “Net 30” But what exactly does Net 30 mean? Is it some sort of financial jargon that only accountants understand? Fear not! In this article, we’ll explain what Net 30 means in plain English and why it’s an important term to understand for both businesses and vendors.

Small Businesses 52

Small Businesses 52

Grit

APRIL 20, 2023

Many businesses and retailers are now merging e-commerce and in-store capabilities, which is a double-edged sword. This trending strategy lets them reach more potential customers but also means they have to fill more orders in less time. Any delay or mistake in the process can result in customer frustration, which hurts the profit margins. So, the warehouse needs a perfect, streamlined, and well-organized way of managing tasks.

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FICO Blog

APRIL 20, 2023

Home Blog FICO Real-Time Payments Survey Reveals Growth in Usage - and Scams Real-time payments are a growing global phenomenon, but the shifting payments landscape is also giving fraudsters new attack vectors FICO Admin Tue, 07/02/2019 - 02:45 by Debbie Cobb Senior Director, Product Management expand_less Back To Top Thu, 04/20/2023 - 11:20 Real-time payments have become popular worldwide, with volumes growing by double digits quarter over quarter for four straight years.

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Grit

APRIL 20, 2023

A warehouse, used to store goods and items for commercial purposes, is among the supply chain’s most crucial and essential parts. In today’s fast-paced digital world, many businesses leverage AR & VR for warehouse management activities to simplify and improve complex warehouse operations and bolster supply chain processes. Thanks to that, they can ensure accurate, speedy, optimized inventory, order picking, and material handling processes.

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Emagia

APRIL 20, 2023

Intelligent Document Processing (IDP) is a cutting-edge technology that uses AI and machine learning to automate business processes that involve documents. IDP allows corporations to extract, categorize, and validate data from documents like contracts, invoices, and forms. Over time, corporations have begun to manage their document workflows more differently and efficiently than before because of IDP.

Credit and Collections 52

Credit and Collections Deductions Credit Risk 52

Onguard

APRIL 20, 2023

At the same time, 24% report that being data-driven can help with efficiency Amsterdam, 20 April 2023 – Only 22% of finance professionals describe their organisation as data-driven, according to the FinTech Barometer, a survey conducted by Onguard on the financial status of Dutch companies for the sixth time this year. This involved surveying 311 CFOs, financial managers, and financial employees.

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Credit Management 52

Reorg Blog

APRIL 20, 2023

The post Highland Park, Mich., Judgment, Potential Chapter 9 Filing Highlight Water System Woes appeared first on Reorg.

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Due

APRIL 20, 2023

What’s the resource you prioritize the most as a CEO or a small business? “Time is money” – is the most common answer. Well, saving your precious man-hours can translate to increased revenue! There’s no point denying that you’ve got associates to meet, sales targets to realize, and entrepreneurial tactics to chalk out. Standing in the queue for banking services isn’t something you’d consider in your chores.

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Reorg Blog

APRIL 20, 2023

The post Highland Park, Mich., Judgment, Potential Chapter 9 Filing Highlight Water System Woes appeared first on Reorg.

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Lendio

APRIL 20, 2023

Key Takeaways on Factor Rates A factor rate is a simple calculation to indicate the total amount that a borrower will pay back on certain types of business financing. To calculate payback, multiply the total borrowed by the factor rate (i.e., $10,000 borrowed x 1.5 factor rate = $15,000 total payback). Factor rates are used primarily in short-turnaround, higher-risk financing, like business cash advances.

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Small Businesses 52

Reorg Blog

APRIL 20, 2023

The post Naviera Armas Signs Lockup Agreement, All Unsecured Debt Written Off appeared first on Reorg.

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Grit

APRIL 20, 2023

A virtual warehouse is a potential method businesses can use to monitor their stock and inventory. Virtual stock monitoring offers tremendous detail, helping companies to fulfill their buyers’ orders quickly and with lower costs. Customer expectations are increasing, while the nature of their demands is changing rapidly. So the virtual warehouse is becoming an essential inventory tool for businesses of any size to stay competitive and increase customer satisfaction.

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Reorg Blog

APRIL 20, 2023

The post IIFL Finance Raises $100M 3Y Bullet Loan From Deutsche, EDC appeared first on Reorg.

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