Your Virtual Credit Manager

JUNE 6, 2023

People who are new to business collections are inclined to fall into one of several patterns. As a result, they tend to be too timid or too aggressive. They also may tend to get lost in the details or shoot from the hip. Seldom does a new collector appreciate the need for a balanced, holistic approach to debt collections. That’s because they are focused on the immediate task at hand without yet understanding the whole process Photo by NoWah Bartscher on Unsplash Some people are intimidated

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Debt Collections Collector Credit and Collections Default 100

Chaser

JUNE 6, 2023

The current late payment crisis has significantly impacted businesses of all sizes, reducing cash flow and creating additional financial pressures that threaten business survival.

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Plooto

JUNE 6, 2023

An accounting firm's pricing strategy can be its most potent weapon to combat the disruptions and uncertainties of today's precarious business environment.

Accounting Firms 98

Accounting Firms 98

Accounting Department

JUNE 6, 2023

Simplifying e-commerce business operations can be achieved by outsourcing specific functions such as accounting and bookkeeping services. For an e-commerce business to thrive and succeed, it is crucial to maintain a clear understanding of its financial position, performance, profit margins, marketing commitments, stock levels, and cash flows on a regular basis.

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Small Businesses 76

Lendio

JUNE 6, 2023

If you had employees on the payroll during the COVID-19 pandemic, you could claim up to $26,000 in tax credits for each one, using the Employee Retention Credit (ERC). However, your credit amount depends on the qualified wages paid to your workers. To help you determine how much you can claim, let’s explore what counts as qualified wages for the Employee Retention Credit.

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incfile

JUNE 6, 2023

Code-switching is a common occurrence in many workplaces, and understanding it is key to knowing when it's a positive practice or when it's detrimental to your company's DEI initiatives. Recognizing the nuances of code-switching is an important first step, especially when determining whether the code-switching you see in your business is a sign of comfortable employees unafraid of embracing their culture or a harmful power play.

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Reorg Blog

JUNE 6, 2023

Sino-Ocean Group has told certain investors that a working group currently conducting due diligence at the company is performing a routine practice which happens every year, according to three sources familiar with the matter. The company has also said it is close to selling its elderly care property business to China Life Insurance Co., the same sources said.

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Lendio

JUNE 6, 2023

Setting up a business isn’t an easy feat. Even more difficult is finding and maintaining funding and cash flow to support day-to-day operations. According to a study by the U.S. Bank, as quoted in this Business Insider article, 82% of businesses fail mainly because of poor cash management. Cash is the lifeblood of your business, and no matter what your profits are, your actual cash will be the thing that keeps your business up and running.

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Credit Scoring Credit and Collections Bankruptcy Transactions 52

Collenda

JUNE 6, 2023

Aryza announces new CEO for Aryza APAC New leadership, and new products along with the expansion of the team Aryza announces its strategy to expedite expansion in Australia and the wider APAC region beyond its existing corporate insolvency business. A new company, Aryza APAC, led by recently appointed CEO, Justin Gale, will provide Aryza’s global software solutions across the end-to-end credit–debt cycle from loan origination & management, through collections & debt management, into debt

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Credit and Collections 52

Lendio

JUNE 6, 2023

The Employee Retention Credit (ERC) is one of the most lucrative tax credits for small business owners. Fortunately, if you had employees on the payroll during the COVID-19 pandemic, you can still claim it retroactively. To help you understand how you might qualify, let’s review how the ERC works and walk through some practical examples of eligible businesses.

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Nonprofit Organizations Deductions Small Businesses 52

Reorg Blog

JUNE 6, 2023

The post Sino-Ocean Tells Investors Working Group Conducting Routine Annual Due Diligence, Co. Has Made Arrangements for 2023 Maturities, Nears Deal to Sell Elderly Care Business to China Life appeared first on Reorg.

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Lendio

JUNE 6, 2023

The Employee Retention Credit (ERC) gets a lot of press, due to the significant tax savings it offers small business owners. Unfortunately, how it’s advertised can make it seem like a scam, especially since some dishonest parties try to take advantage of people who seek it. However, the Employee Retention Credit is definitely real. Let’s go into more detail to help you feel more confident in its authenticity.

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Nonprofit Organizations Deductions Small Businesses 52

Reorg Blog

JUNE 6, 2023

The post CLARIFICATION: Seazen Holdings Propose to Issue Up to CNY 1.1B 2-Tranche Bond in June; Up to CNY 400M 3Y Guaranteed Notes, Up to CNY 700M 2Y Notes Supported by CDS appeared first on Reorg.

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Lendio

JUNE 6, 2023

The Employee Retention Credit is a legitimate way to offset the costs of keeping employees on the payroll during the COVID-19 pandemic. Unfortunately, some dishonest people are using the credit to scam small business owners. Let’s discuss what you should know about how to avoid Employee Retention Credit scams and keep your business safe. How Employee Retention Credit Scams Work Employee Retention Credit (ERC) scams usually start with dishonest people aggressively promoting the tax credit to smal

Small Businesses 52

Small Businesses 52

Cpcmcredit Blog

JUNE 6, 2023

Based on financial service “projects”, the UK is outperforming its peers quite considerably. The linked article is a very concise and informative quick read Personally I never see these matters as a competition as such and we should take comfort from the fact that the overall market across Europe has been very resilient rather than gloat that we are “doing better than the French” However the other side of the coin is that this is rather a slap in the face for those who pr

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Lendio

JUNE 6, 2023

If you qualify for the Employee Retention Credit (ERC), you could receive thousands of dollars in refundable tax credits for each employee on your payroll during the COVID-19 pandemic. Fortunately, there’s still time for you to claim those funds. Let’s break down the qualification requirements to help you determine whether your small business is eligible.

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Reorg Blog

JUNE 6, 2023

The post UPDATE 1: China Regulators Confirm 16 Point Rescue Plan to Help ‘Support, Stabilize Real Estate’s Healthy Development’ appeared first on Reorg.

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Due

JUNE 6, 2023

It’s likely that you have one primary source of income — just like most people. It’s fine to have a single source of income. It can, however, be dangerous as well. How would you cope if your primary source of income dried up, or your job was lost? That’s exactly what happened in the aftermath of the pandemic , many people lost their jobs and were furloughed.

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Investment Firms 98

Reorg Blog

JUNE 6, 2023

Hong Kong Court rejects three-month adjournment application of Dangdai International Investments Ltd.

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Bankruptcy 52

Lendio

JUNE 6, 2023

The Employee Retention Credit is among the most lucrative tax credits available to small business owners in 2023. However, it can be pretty tough to navigate, especially the credit calculation. Let’s discuss how to calculate the Employee Retention Credit in detail, walk through a few practical examples, and explore some background information to help put everything into context.

Nonprofit Organizations 52

Nonprofit Organizations Default Small Businesses 52

Gaviti

JUNE 6, 2023

As companies become increasingly complex and expand across the globe, managers are looking for new ways to reduce costs and standardize processes. FSS can help companies achieve these goals and more, but it is especially useful for accounts receivable. What Are Financial Shared Services? The finance shared services model consolidates financial functions within an organization.

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Grit

JUNE 6, 2023

Cross-selling involves offering additional products or services to existing customers based on their needs and preferences. This article shall give you the concept of cross selling in banking , Additionally, we will discuss practical tips and strategies for cross-selling in 2023 to help banks succeed. Understanding Cross Selling in Banking Explanation of cross-selling and its relevance to banking products and services Cross-selling is a powerful tool that banks utilize to promote their range of

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Transactions 52

Due

JUNE 6, 2023

Railroads and their workers play an essential role in the U.S. economy, shipping goods across the country. In 2022, railroad workers decided to strike because of poor working conditions. A strike looked imminent until the White House stepped in and forced both sides to come to an agreement last September. By November 2022, some unions had rejected the agreement, and President Biden asked Congress to make the agreement law.

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