December, 2022

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Clean Code: Writing maintainable, readable and testable code

SAP Credit Management

Clean code is a term used to describe software that is easy to read, understand, maintain and test. In this blog I want to summarize some important principles, provide an entry into the topic for beginners. Besides, the blog shall connect to the style guide repository, the books and current initiatives where experts can contribute. If you do not want to miss an update on clean code, test automation, code reviews, unit testing, decision making, testability and other engineering / craftsmanship /

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Week Number 5: Inflation Fighting New Year’s Resolutions

RMAi Blog

Most would agree, 2022 has been a shocker. We have endured a year of price hikes, flat wages, and gas prices that hit all-time highs. In fact, the overall impact of inflation between November of 2021 and November of 2022 was 7.1%, and the impact of that kind of inflation on goods and services alone was even more dramatic. Consumers are now paying 8.5% more for goods and services than they were in March of 2021, according to the Bureau of Labor Statistics , U.S.

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10 Ways to Improve Your Future Financial State

Due

A 2022 study found that by September of that year, 63% of Americans lived paycheck to paycheck. Many of these people don’t think about how their spending habits will impact their future financial state. It’s easy to get so caught up in your daily wants and needs that you lose sight of your future financial goals. Although people don’t think of accumulating savings as exciting in the short term, it’s extremely important later on down the road. .

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TMC Financing Secures Financing to Boutique San Francisco Hotel after other Banks Said No

TMC Financing

SBA 504 Program Helps The Hotel Castro Beat the Odds to Open in The Castro Hotel financing can be challenging, but when new construction and a pandemic are involved, it. The post TMC Financing Secures Financing to Boutique San Francisco Hotel after other Banks Said No appeared first on TMC Financing.

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Rethinking Receivables (Part 2): Why AI-Driven Automation Should Be Part of Any Long-Term Strategy

The Esker Blog

Close-up of business document in touchpad lying on the desk, office workers interacting in the background. In Part 1 of the Rethinking Receivables blog series, we highlighted four strategies that all finance leaders should prioritize in 2023 in order to maintain a healthy cashflow and resilient business model. Now, in Part 2, we explore the influence and impact of AI-driven automation within accounts receivable (AR), how to spot a best-in-class solution, and how they benefit stakeholders throug

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Tips for Paying off Holiday Debt Before it Hurts Your Credit

Credit Absolute

Now that the festive season is behind you, what remains with you are the beautiful memories and of course, the huge holiday debt that you accumulated. As the new year kicks off, two factors can greatly impact your credit; how you pay (or not pay) your debt and how much of your available credit you […]. The post Tips for Paying off Holiday Debt Before it Hurts Your Credit appeared first on Credit Absolute.

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FLOCK Specialty Finance Furnishes Gold Sponsor Support of RMAI 2023 Annual Conference

RMAi Blog

December 29, 2022 (Sacramento, CA)  – FLOCK Specialty Finance has again demonstrated their ongoing commitment to superior education for the receivables management industry through a sponsorship of the Receivables Management Association International (RMAI) 2023 Annual Conference. FLOCK is participating as a Gold Sponsor, the highest sponsorship level available.

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What Would You Choose as a Consumer: Living a Good Life or Saving for Retirement

Due

Most people fall into one of two categories. They are either savers or spenders. Savings are often prioritized for the future to secure retirement and financial security. Spenders prioritize their everyday desires and requirements while maintaining a sound financial situation with the idea of covering their retirement obligations in the future with better income or innovative solutions.

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How to Start a Business in California: 7 Steps to Success

incfile

California has a long history of innovation and entrepreneurship, so it's no surprise that millions of small businesses call it home — 4.2 million of them, according to the U.S. Small Business Administration. Together, they account for a staggering 99.8% of California businesses.

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5 ways to get your sales team aligned with your credit team

Chaser

Siloing your sales and credit teams can have detrimental effects on your business, such as missing out on profitable customers, increased risks in collections, and decreased operational efficiency.

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ERP and Accounts Receivable Automation Integration Best Practices

Gaviti

Information silos are one of the biggest thieves of efficiency at companies worldwide. Companies spread their data across multiple platforms that update at different rates. Ultimately, this data falls out of sync, and some departments never get access to invaluable information that could help them make better decisions. This is why so many companies now look to accounts receivable integration and other similar options to break down information barriers.

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Master the SAP Build Lobby (in 3 minutes)

SAP Credit Management

SAP Build came out last month, and most of the focus is on the individual products, but I wanted to take a look at the SAP Build lobby, the one part that really unites all the products – and give you a few tips so you can use it efficiently and effectively. In an SAP BTP tenant, if you are subscribed to all three products, all the links to open any of the applications will take you to the same lobby.

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Fearless Funding: Are You Scared of Spiders or a Web of Credit Denials?

Eagle Business Credit

Fear – noun – an unpleasant emotion caused by the belief that someone or something is dangerous, likely to cause pain, or a threat. I didn’t think I was scared of spiders until I came face to face with the largest spider I had ever seen before. I was in California talking to my wife on the phone. There I was, in mid-conversation, boasting about how nice the weather was–it was November and she was in a cold and wet England with two small children–when all of a sudden, I stopped talkin

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15 Cheat Codes for Life: Jump 7 Years Ahead of People

Due

When you played video games as a kid, you would likely often look for cheat codes to help you gain a competitive advantage. Specific cheat codes would help you get to the next level of the game when you feel stuck. Suddenly, this cheat code would unlock a new achievement and allow you to save yourself a significant amount of time. Did you know that there are cheat codes to life that could put you ahead of others?

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How To Boost Cashflow With Late Payment Interest

Know-It Global

Did you know you’re legally entitled to claim late payment interest and compensation for any of your overdue invoices? Late payments are one of the most frustrating parts of doing business and the effects are devastating, with 440,000 businesses possibly being forced to close as a direct result of being paid late. This shows the importance of good credit control when it comes to cashflow!

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TMC Financing is the No. 1 SBA 504 Hotel Lender in the Nation

TMC Financing

SBA 504 Program Provides Hoteliers with Affordable Financing Starting or expanding a hotel business is a huge undertaking – and securing financing is a large part of it. Luckily for. The post TMC Financing is the No. 1 SBA 504 Hotel Lender in the Nation appeared first on TMC Financing.

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No Surprises Act Q&A: All about Good Faith Estimates?

Waystar

You asked — we answered. After covering the ins and outs of the No Surprises Act , Waystar experts are now taking a deep dive into the NSA and Good Faith Estimates. As a provider, you know just how important Good Faith Estimates for self-pay or uninsured patients are when it comes to staying in compliance. While it may seem simple on the surface, there are many scenarios that can blur the lines when giving cost estimates before care.

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Displaying the signature of a method in ADT permanently

SAP Credit Management

I’m sure you often have the situation that you are implementing a method in ABAP with ADT and you need information about the signature and the types that are used in the signature. The standard answer for this is the Element info (Shortcut F2) on the method name. Unfortunately, the element info is displayed in a small popup that immediately disappears when I go on with the implementation of the method.

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Alternative Business Loans for Your Small Business

Lendio

The availability of dependable cash flow can have a big impact on the success of a small business. Yet a 2021 report from the Federal Reserve shows that, when businesses applied for financing, nearly 60% of applicants were either outright denied or able to borrow only a portion of the money they needed. . It’s tempting to look at the bank as the bad guy in this scenario.

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Looking to Refinance Once Rates Lower, Here is How to Prepare

Due

Many homeowners are not interested in refinancing because of high-interest rates. However, if you can reduce your current interest rate by at least 0.75 percentage points, refinancing tends to make sense. Let’s say that your average interest rate on your current mortgage currently is 3.3%. Considering current mortgage rates are almost double this figure , refinancing really isn’t a smart financial option.

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What Does An Interest Rate Rise Mean For Your Business?

Know-It Global

Updated December 2022: The Bank of England increased interest rates to their highest point in 13 years, up to 3.5%. The Bank of England have now raised interest rates for the ninth time this year in an effort to combat inflation. Interest rates have now climbed from 3% to 3.5%, the most rapidly these rates have climbed in a decade. So why are interest rates rising?

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Incfile Small Business Entrepreneur Grant Winners Fall 2022

incfile

Incfile is excited to announce the next round of entrepreneurial grant winners. We’re looking for the business leaders of tomorrow, and our Entrepreneur Grant Program gives entrepreneurs a chance to get their projects off the ground.

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Small Business Financing Options with Debt

Eagle Business Credit

Funding Your Business. The boot-strap method of financing your business—tapping into your savings, retirement, or refinancing your mortgage for all the available capital possible—can be enough to get your business off the ground, but then what? Growing businesses require more funding, and when 82% of failed businesses cite cash flow problems as a cause, it is smarter to find a funding source sooner rather than later.

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SAP HANA Cloud Machine Learning Challenge 2022 | The winners are…

SAP Credit Management

Dear SAP Community, As you may already know, we’ve launched the very first SAP HANA Cloud Machine Learning Challenge in November 2022. On behalf of the entire SAP HANA Cloud Machine Learning Challenge Team and the SAP HANA Product Management Team, congratulations to all the participants who accepted the challenge and took the time to submit their solution!

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Why Digital Technology is Crucial to an Accounting Firm’s Success

Plooto

For accounting firms , the changing business landscape, clients' evolving needs, and constant introduction of new technology coming to market can seem overwhelming. Help has arrived! We've created the following guide explaining the leading technologies, their impact on the accounting industry, and the accountant’s daily tasks.

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Investing Inheritance: Creating a Cycle of Wealth

Due

Securing your financial security is a colossal task. People are prioritizing the safety of their funds as inflation rises and federal interest rates seem to fluctuate daily. It’s a to-do that doesn’t only affect yourself — it also influences future generations. Creating a cycle of wealth that seeps into your whole family can start — or continue — with your financial choices.

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S3 E9: Strategic AP: The Art of Delivering Value Across the Enterprise

The Esker Blog

The expectations and responsibilities of AP departments at companies of all sizes and across all industries are on the rise in 2022. How are companies leveraging technology? What professional development opportunities are being offered to AP teams for them in order to meet these expectations and become a strategic resource to departmental leaders across the enterprise?

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NAIC Codes: What They Are + How to Find Yours | Incfile

incfile

Small business owners have a number of balls to juggle, but there is one resource that can easily be employed that will benefit your business in a number of ways — having a NAICS code.

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December 2022 Company Update and EOY Roundup

ForwardAI

December Company Update. Announcement – FinTech Automation Selects ForwardAI to Provide Seamless Access to Accounting Data for Financial Institutions. In October, ForwardAI was excited to announce our partnership with FinTech Automation right before Money20/20. Through the partnership, FinTech Automation can now provide seamless access to accounting data that is fully integrated with its cloud-native, API-driven core for fintechs, banks, and financial institutions.

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Top 10 SAP Data & Analytics blogs 2022

SAP Credit Management

I checked the top 10 blogs for data and analytics written in 2022 according to Likes. Really happy to see a lot of activity from SAP people which is very important to get latest information and a deeper understanding for current topics. I’m also a little bit happy to see that my blog about “Data Lake” was interesting for many people.

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Mistakes to Avoid When Dealing with Debt Collectors

Credit Absolute

A past due or delinquent account can quickly be turned over to a collections department or agency that will then become responsible for collecting the debt. Debt collectors can be intimidating to consumers, especially when their attempts to collect a debt lead to daily calls, emails, letters, and text messages. The idea of facing off […]. The post Mistakes to Avoid When Dealing with Debt Collectors appeared first on Credit Absolute.