Tue.Jun 27, 2023

article thumbnail

Buying into AML risks in real estate

Abrigo

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. Regulations such as Geographic Targeting Order updates help identify AML risks by requiring identification for certain real estate purchases. Institutions should stay current on any regulatory changes, including GTO updates, and train staff to recognize red flags.

article thumbnail

Finding the Right Outsourced Client Accounting Services for Your Business

Accounting Department

Making the decision to turn to outsourced client accounting services can be a great way to save time and resources for your business. However, finding a trustworthy outsourcing partner can be a challenge. But how can you be sure you’re choosing an outsourced accounting service you can trust? There are a few characteristics of trustworthy, competent, and reliable accounting services that will help you know the provider you chose is the right one.

83
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is Your Retirement Administered by Qualified People?

Due

With an insurmountable amount of tools and resources at your fingertips, you could theoretically plan your own retirement. Examples include Money’s asset allocation calculator and retirement planning calculator , as well as the following guides from Due; Annuity plan Pension plan 401 (k) But, let’s be honest here. Preparing for your retirement can get complicated.

article thumbnail

Group of Atalian Creditors Hire Weil as Company Explores Refi Options

Reorg Blog

A group of creditors to French facility management services provider Atalian has hired legal advisors from Weil as the company explores refinancing options, sources told Reorg.

52
article thumbnail

Insurance On Electric Cars: What Buyers And Owners Need To Know

Due

There’s perhaps no better time to buy an electric car as the widespread popularity of electric vehicles (EVs) and hybrid-powered cars are becoming more mainstream on the back of increasing automobile competition. All this competition has meant that soon-to-be buyers and those in the market for a cleaner and more sustainable vehicle have more options to choose from than ever before.

article thumbnail

Benefits Of Diversity In The Workplace

Lendio

In today’s world, a diverse workforce is more than just a “nice-to-have” or a lofty ideal. Diversity in the workplace not only helps employees of all backgrounds feel included, but also leads to better business outcomes: diverse companies are more innovative and draw in top talent more easily than their more homogenous counterparts. The best part: you don’t have to be an enterprise to reap the benefits of a more diverse workforce.

More Trending

article thumbnail

Compare and Find the Best Professional Website Builder For Your Business

Lendio

In today’s digital age, having a professional website is crucial for businesses and individuals looking to establish a strong online presence. Website builders provide an accessible and user-friendly platform to create and design websites without the need for coding or technical expertise. In this article, we will compare and evaluate the leading website builders in the market, with a focus on their pricing, features, templates, custom domain options, and pros and cons.

article thumbnail

Franchise Banking: How to Choose the Right Account

NorthOne

If you own a franchise, you know that keeping your finances in order is critical to the success of your business. One of the most important decisions you’ll need to make is choosing the right bank account for your franchise. Read on to learn the key features you need in a bank account for your franchise, how to assess your needs, and the leading bank option for franchises.

52
article thumbnail

FundThrough Names Deepesh Jain as Chief Financial Officer to Power Continued Growth

FundThrough

June 27, 2023–Toronto, ON–FundThrough has named Deepesh Jain as its first-ever Chief Financial Officer. Deepesh has an extensive track record of managing financial operations and capital markets functions as well as scaling start-ups, making him instrumental in continuing FundThrough’s strong growth. The company has grown 281 percent in the past three years, also reported by […] The post FundThrough Names Deepesh Jain as Chief Financial Officer to Power Continued Growth appeared first on F

52
article thumbnail

4 Best Trucking Software Options in 2023

NorthOne

If you’re a trucking company owner aiming to increase efficiency and streamline operations, investing in trucking software is the way to go. In 2023, these software options have become increasingly sophisticated in their ability to integrate dispatch and scheduling management, GPS tracking, billing and invoicing, driver and fleet management, reporting and analytics, and other critical functions.

article thumbnail

Adhering to Legal and Regulatory Requirements

Inc. Authority

Compliance Matters: Meeting Legal Obligations As a business owner or manager, it is crucial to adhere to legal and regulatory requirements to avoid legal penalties, fines, and reputational damage. In this blog post, we will discuss the importance of complying … Continue reading → The post Adhering to Legal and Regulatory Requirements appeared first on Inc Authority.

article thumbnail

HVAC Accounting: Complete Guide in 2023

NorthOne

HVAC accounting is an essential part of running a successful heating, ventilation, and air conditioning (HVAC) business. It involves measuring, recording, and reporting financial transactions related to the operation of the business. Understanding HVAC Accounting Accounting in the HVAC industry is similar to accounting in any other business, but with a few unique characteristics.

article thumbnail

The Limits of AR Automation – The Case for Managed Services

The Corcentric Blog

Accounts Receivable automation has been increasingly adopted by businesses as a way to streamline their financial processes and optimise their cash flow. With the rise of digital transformation initiatives, financial leaders are looking for ways to automate their Accounts Receivable (AR) systems using advanced technologies such as automation, artificial intelligence (AI), and machine learning (ML).

article thumbnail

Successfully Digitize Your Business Payment Process

Plooto

As the world becomes more digital, organizations must keep up with the rapid pace of technological advancement. Increasing digitization and automation have helped firms become more efficient and more profitable. This phenomenon can also be found in our accounts payable (AP) and accounts receivable (AR) processes.

article thumbnail

Tear Sheet: Mongolian Mining Corporation

Reorg Blog

Mongolian Mining Corporation, or MMC’s liquidity position has improved significantly in the first quarter of 2023 with strong cash flow generation as a result of stronger coking coal prices and recovered sales volume

52
article thumbnail

Bibby acquire Aldermore’s trade finance and construction finance divisions

Cpcmcredit Blog

This certainly came as a surprise to me. Whilst its been widely known that Aldermore’s “working capital” clients book has been up for sale for sometime, I had assumed that another suitor was likely to close the deal. First thing to point out is that this does not include all the current Aldermore invoice finance clients and broadly speaking its related solely to the construction division.

article thumbnail

ReNew Asks Clearing Agent to Avoid Using Lottery Method for Payments

Reorg Blog

ReNew, the Nasdaq listed Indian renewable power producer, has asked its clearing agent to stop using the lottery mechanism to distribute funds going forward, after some bondholders did not receive their scheduled amortization payments, according to a source close and another source familiar with the situation.

52
article thumbnail

Days Sales Outstanding (DSO) | Definition, calculation & importance | Chaser

Chaser

Want to know how to calculate Days Sales Outstanding (DSO)? Chaser have put together this comprehensive resource to guide you to success. Learn more now.

article thumbnail

Tear Sheet: MMC Benefits From Higher 1H23 Coking Coal Prices, Volume Rebound, Steelmaker Restocking Demand; Recovering Margin With Stabilizing ASP, Lower Royalty Rate; ASP >$140/t, Working Capital Management Key in Supporting Repayment/Refinancing of Due ’24s

Reorg Blog

The post Tear Sheet: MMC Benefits From Higher 1H23 Coking Coal Prices, Volume Rebound, Steelmaker Restocking Demand; Recovering Margin With Stabilizing ASP, Lower Royalty Rate; ASP >$140/t, Working Capital Management Key in Supporting Repayment/Refinancing of Due ’24s appeared first on Reorg.

52
article thumbnail

How Generative AI Will Impact Business Lending 

Biz2X

Although still in its infancy, generative Artificial Intelligence (AI) like OpenAI’s ChatGPT is poised to revolutionize the world of business lending. In this article, we’ll explore the concept of Generative AI, its potential implications for business lending , and how businesses are responding to this emerging technology. We will also delve into the accessibility of Generative AI for both small and large businesses.

article thumbnail

Legal Analysis: KWG ’24 Exchange Notes With Credit Enhancements May Complicate ‘Holistic’ Rx; Prior Value Transfer, Related Party Outflows, Onshore Prioritization Indicate USD Noteholders Form AHGs Expeditiously; Potential Rx Tactics, FY22 Financials Explored

Reorg Blog

The post Legal Analysis: KWG ’24 Exchange Notes With Credit Enhancements May Complicate ‘Holistic’ Rx; Prior Value Transfer, Related Party Outflows, Onshore Prioritization Indicate USD Noteholders Form AHGs Expeditiously; Potential Rx Tactics, FY22 Financials Explored appeared first on Reorg.

52
article thumbnail

The Definitive Guide to Short-Term vs. Long-Term Loans

biz2credit

When looking for financing, small business owners often have to decide between long-term small business loans and small business short-term loans. But there is no simple answer to the question of “What is better. short-term or long-term loans? The ultimate decision, of course, is based on the more pressing needs of the … Continue reading "The Definitive Guide to Short-Term vs.

article thumbnail

Legal Analysis: KWG Group Holdings

Reorg Blog

KWG defaults on USD notes and other indebtedness, engages Sidely Austin to embark on “holistic solution” for offshore indebtedness

Default 52
article thumbnail

Business Customer Personas: A Collectors Guide

Your Virtual Credit Manager

Just like people, business customers come in all shapes and sizes — personalities, too. Some business customers are easy to deal with, others not so much. Some customers buy from your firm on a regular basis, other infrequently. Some have good credit, others are clear risks. Some pay promptly, others pay intermitantly, and still others you have to chase down every time.

article thumbnail

New Coverage: Egea Group Applies for Italian Out-of-Court Debt Restructuring Procedure as Company Looks for Industrial or Financial Partner

Reorg Blog

The post New Coverage: Egea Group Applies for Italian Out-of-Court Debt Restructuring Procedure as Company Looks for Industrial or Financial Partner appeared first on Reorg.

40