Fri.Nov 08, 2024

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Managing Client Expectations for Rate Changes in the New Year

Enterprise Recovery

As the new year approaches, businesses often must adjust their rates. These changes could be driven by factors such as inflation, increased operational costs, or the need to invest in new technologies and services. For B2B companies and SaaS providers, staying competitive and maintaining high service standards often require periodic rate evaluations.

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Revolutionizing Wall Street: AI’s Rising Influence

Due

The conventional career trajectory of Wall Street finance may be undergoing a major shift due to the election and, even more pressing, the growing presence of Artificial Intelligence (AI). Investment banks are renowned for their analyst schemes, which act as a starting point for budding financiers and deliver comprehensive two-year training in all aspects of finance.

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The Legal Implications of AI in Finance and Order-to-Cash Operations

Emagia

Artificial intelligence (AI) is no longer a futuristic concept—it’s here, and it’s reshaping industries across the globe. That is not to say AI’s emergence in business and finance won’t cause problems if used improperly, warned Wanda Borges, Esq., a legal expert with more than three decades of experience during a recent episode of the Emagia AI for Finance podcast.

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Two Brothers Convicted in $15m Medicare, Medicaid, and Private Insurer Fraud Case

Due

Two brothers have been convicted of Medicare, Medicaid, and Private Insurer Fraud related to prescription medication claims. Raad Kouza, a pharmacist, and Ramis Kouzza collectively caused Medicare, Medicaid, and Blue Cross Blue Shield of Michigan to lose over $15 million. Two brothers charged for pharmacy claims corruption of over $15 million Information disclosed as part of the investigation and court proceedings showed the two men based in Michigan billed Medicaid and Blue Cross Blue Shield of

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Why CFOs Should Lead the AI Transformation

Emagia

The Road to AI-Driven Efficiency Generative AI can significantly reduce time spent on routine tasks, allowing employees to focus on higher-level work. By automating processes like data entry and initial email drafts, AI enables employees to become reviewers and decision-makers rather than simply task executors. Identifying key accounts Flagging accounts for follow-up Drafting customer emails Generative AI has evolved significantly since Mark Shank’s early days at KPMG, where it was used for pred

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Exploring Alternative Investments: Beyond Cash and Stocks

Due

The Federal Reserve’s recent decision to cut interest rates has dealt a significant blow to traditional low-risk investments. Holders of Certificates of Deposit (CDs), money market accounts, short-term treasury bills, and high-yield savings accounts are feeling the pinch as their yields diminish. With the average 1-year CD currently yielding 3.7% (approximately 2% after taxes) and the Fed forecasting another 1% cut over the next year, investors are left searching for alternatives.

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What Is a Trade Reference? 

CreditStrong for Business

Trade references have the potential to help your business qualify for financing and establish good business credit scores. But if you don’t understand how the process works, you might miss out on the benefits that good trade references have to offer. Below is everything you need to know about trade references. You’ll also find a behind-the-scenes look at how to get trade references as a new or existing business.

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Microloans for Small Businesses: What You Need to Know 

CreditStrong for Business

Building a business without the right amount of capital can be incredibly difficult, so it’s common for both new and established businesses alike to borrow money and leverage that debt to grow the company. Microloans for small businesses are just one of many types of business financing from which you can choose, though their unique features make them more appealing to new business owners.

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How Much Does it Cost to Start a Small Business?

CreditStrong for Business

Aspiring entrepreneurs have to consider what it takes to bring their business idea to life: How much time to put in. How much money to invest to make it work. Not to mention, the planning and revenue forecasting you’ll do to make your company viable. In the planning phases of your startup, utilizing business credit to fund major expenses isn’t an option yet.

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Business Lines of Credit vs Loans: How to Compare

CreditStrong for Business

If you need an influx of capital in your business, there are several different types of financing you can rely on. Two of the more traditional options include business lines of credit and business term loans. Deciding between a business line of credit and a loan generally comes down to what you need for your business, as well as the terms you want for paying back the debt.