Tue.May 30, 2023

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It’s Time to Send Invoices and Receive Payments Electronically

Your Virtual Credit Manager

Paper based commerce, where invoices and payments are delivered via Postal Service mail, is slow and costly. Customers increasingly prefer electronic transactions. Some even require it, especially for invoicing. Moreover, most European nations now require electronic invoicing by law. Increasingly, electronic payments are replacing checks in B2B scenarios.

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What Should You Look for in a Retirement Advisor?

Due

Are you approaching retirement and feeling overwhelmed by the financial decisions you need to make? Do you want to ensure that your retirement years are comfortable and stress-free ? If so, finding the right retirement advisor can be crucial to achieving your retirement goals. However, with so many options available, it can be difficult to know what to look for in a retirement advisor.

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What Can Canadian Accountants Learn from the Silicon Valley Bank Failure

Plooto

The failure of Silicon Valley Bank (SVB) triggered a global financial tsunami, stunning multiple industries and institutions and shaking the confidence of both businesses and consumers.

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Fake Rich – New Trend Growing Influence Among Millennials and Killing Money

Due

The era of social media is upon us. While most of us enjoy sharing our joyous moments and memories with the world through social media platforms, a substantial number of individuals feel obligated to show off their rich possessions and lifestyle on the internet. Now that’s fine when you are wealthy and earning well enough to back your expenses.

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Accounts Receivable Outsourcing vs. A/R Collections Management Software: What You Need to Know

Gaviti

Accounts receivable is one of the most critical roles in your business. How well your team handles collections determines whether you have the cash to make payroll, pay taxes, and cover other financial obligations. Receivables management can also become incredibly complex and high-risk. This risk compels savvy business managers to consider whether they should use accounts receivable outsourcing or turn to management software.

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How to write a demand letter for outstanding debt | Chaser

Chaser

Is there anything worse than having a client who just won't pay? You do all this work for them and then… nothing! Doing a job costs you money and you have your own obligations to meet. We don't need to tell you why not getting paid is stressful!

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It's Summertime at AccountingDepartment.com!

Accounting Department

It's summertime at AccountingDepartment.com and we have all sorts of fun things happening! To kick off the summer season this past Memorial Day weekend, we launched our 12th annual ADC Summer Challenge.

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How to build a cash flow forecast

Chaser

An accurate cash flow forecast is vital to running a business of any scale. From the largest multinational to startup SMEs (Small-Medium Enterprises), cash flow forecasting is critical to maintaining a good grip on your finances and planning ahead.

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How to Monitor the Creditworthiness of a Customer

The Red Spectrum

In order to safeguard your company’s interests and lower the likelihood of defaults or late payments, it is imperative for business owners to keep a close check on their client’s financial situation. The creditworthiness of your clients will be assessed and tracked in this blog post as we look at some useful tactics and tools to make that happen.

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How to Open a Staffing Business

biz2credit

A staffing agency is like a search business, a recruitment company, or a temp agency (short for a “temporary” agency). Its primary objective is to fulfill the staffing requirements of businesses and to make appropriate matches between open positions and employees for those positions. Staffing agencies find potential candidates for companies who are looking to … Continue reading "How to Open a Staffing Business" The post How to Open a Staffing Business published first on.

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How To Get A Loan For Your Franchise

Lendio

Franchise funding is a loan designed to assist individuals in funding the purchase of a franchise location. Business loans can finance a new franchise location, but certain loans and lenders are a better fit for franchise businesses. Franchisors often provide financing that is personalized for the needs of a new franchise location. As a business owner, you can tap into funds provided by the franchisor or work with online lenders or financial institutions to finance your franchise.

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Excess Inventory Sellers: How to Liquidate in 2023

Grit

Managing and liquidating excess inventory is crucial for businesses to maintain profitability and optimize their operations. This article will explore the importance of effectively liquidating excess inventory, discuss strategies for successful liquidation, and highlight the critical considerations for businesses in 2023. The Importance of Liquidating Excess Inventory The impact of excess inventory on businesses Excess inventory can significantly impact businesses, tying up valuable resources an

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How To Inclusively Hire People With Disabilities

Lendio

Hiring people with disabilities benefits employers as well as communities. Having a diverse workplace creates a culture of inclusivity within the company. However, there are some challenges that can be easily addressed by knowing how to effectively hire employees with disabilities. What Is A Disability? According to the U.S. Department of Labor and Americans with Disabilities Act (ADA), a “disability” is any “physical or mental impairment that substantially limits one or more major life activiti

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Maximizing Profits: Selling Overstock Inventory in 2023

Grit

Effective management and sale of overstock inventory are crucial for businesses to optimize their financial performance and maximize profits. Overstock inventory, or excess inventory, refers to products that exceed the demand or have been sitting in the warehouse for an extended period. Overstocking inventory can tie up valuable resources and hinder cash flow without proper strategies.

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How to Build Customer Loyalty

Lendio

“You don’t earn loyalty in a day. You earn loyalty day-by-day.” – Jeffrey Gitomer For some businesses, providing value means keeping prices low. That is, of course, a significant part of the value formula for a company like Walmart. But while special pricing (discounts, introductory offers, or sales) can attract customers initially, long-term customer loyalty requires a relationship so strong that customers keep coming back, even when the price goes up or lower prices can be found elsewhere.

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Airband Seeks to Raise Capital for Network Expansion, Improve Operational Structure as Auditors Warn of Material Uncertainty 

Reorg Blog

The post Airband Seeks to Raise Capital for Network Expansion, Improve Operational Structure as Auditors Warn of Material Uncertainty appeared first on Reorg.

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Don't Use Merchant Cash Advance (MCA), Refinance Equipment Instead

Commercial Credit Group

Cash flow ebbs and flows even in strong economic times. But right now, given the general state of the economy, with rising interest rates, market volatility, and general business slowdowns - cash flow is a struggle for many companies.

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Prezzo P26A Passes Convening Stage; Plan to Compromise £32M of Leases, £9.9M HMRC Debt

Reorg Blog

The post Prezzo P26A Passes Convening Stage; Plan to Compromise £32M of Leases, £9.9M HMRC Debt appeared first on Reorg.

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Distressed Credit Airband Seeks to Raise Capital for Network Expansion

Reorg Blog

The post Distressed Credit Airband Seeks to Raise Capital for Network Expansion appeared first on Reorg.

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UPDATE 1: PUFG Keepwell Plaintiffs Explore Possible Appeal of Justice Harris’s Decision; Investors See Decision Leading to End of Keepwells, EIPUs

Reorg Blog

The post UPDATE 1: PUFG Keepwell Plaintiffs Explore Possible Appeal of Justice Harris’s Decision; Investors See Decision Leading to End of Keepwells, EIPUs appeared first on Reorg.

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UPDATE 3: Logan Group Yet to Reach Agreement With USD Notes AHG on Restructuring Terms; Hearing for Hong Kong Winding-Up Petitions Set for Tomorrow Morning, May 17

Reorg Blog

The post UPDATE 3: Logan Group Yet to Reach Agreement With USD Notes AHG on Restructuring Terms; Hearing for Hong Kong Winding-Up Petitions Set for Tomorrow Morning, May 17 appeared first on Reorg.

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Venator Materials Obtains First Day Relief, Including Interim DIP Approval; Court Sets June 26 Confirmation Hearing

Reorg Blog

The post Venator Materials Obtains First Day Relief, Including Interim DIP Approval; Court Sets June 26 Confirmation Hearing appeared first on Reorg.

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UPDATE 1: Vedanta Resources Agrees $850M 3Y Loan at THL Zinc From JPM, Oaktree to Refinance Debt 

Reorg Blog

The post UPDATE 1: Vedanta Resources Agrees $850M 3Y Loan at THL Zinc From JPM, Oaktree to Refinance Debt appeared first on Reorg.

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Logan Group Yet to Reach Agreement With USD Notes AHG on Restructuring Terms

Reorg Blog

The post Logan Group Yet to Reach Agreement With USD Notes AHG on Restructuring Terms appeared first on Reorg.

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Providence St. Joseph Health Reports $345M Net Operating Loss for Q1

Reorg Blog

The post Providence St. Joseph Health Reports $345M Net Operating Loss for Q1 appeared first on Reorg.

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UPDATE 2: TeamHealth’s Non-Extended Lenders Organize With Lazard 

Reorg Blog

The post UPDATE 2: TeamHealth’s Non-Extended Lenders Organize With Lazard appeared first on Reorg.

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PUFG Keepwell Plaintiffs Explore Possible Appeal of Decision

Reorg Blog

The post PUFG Keepwell Plaintiffs Explore Possible Appeal of Decision appeared first on Reorg.

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Vedanta Resources Agrees $850M 3Y Loan at THL Zinc

Reorg Blog

The post Vedanta Resources Agrees $850M 3Y Loan at THL Zinc appeared first on Reorg.

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Yale New Haven Health Posts $121.3M Operating Loss

Reorg Blog

The post Yale New Haven Health Posts $121.3M Operating Loss appeared first on Reorg.

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San Benito Health Care District Files Chapter 9

Reorg Blog

The post San Benito Health Care District Files Chapter 9 appeared first on Reorg.

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Venator Materials Obtains First Day Relief

Reorg Blog

The post Venator Materials Obtains First Day Relief appeared first on Reorg.

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