Your Virtual Credit Manager

JANUARY 31, 2023

Photo by Pierre Bamin on Unsplash There are any number of reasons a business may pay beyond your terms of sale. Some of the reasons for paying slow are more serious than others, but they all impact your cash flow and your collection efforts. There are several keys to effective past due collections and they start with your order-to-cash process. You first must meet the customers expectations in terms of the delivery of goods and services as well as provide them with a timely and accurate invoice.

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Credit and Collections Past Due Invoices Bankruptcy Credit Management 246

RMAi Blog

JANUARY 20, 2023

January 20, 2023 (Sacramento, CA)  – Finvi demonstrates their support of RMAI and the receivables management industry through a Gold sponsorship of the 2023 RMAI Annual Conference. The conference will be held February 6-9, 2023, at the Aria Hotel in Las Vegas. The Annual Conference is an important networking opportunity for professionals in the receivables management industry, kicking off business development conversations at the beginning of the year.

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Law Firms 234

SAP Credit Management

JANUARY 10, 2023

The Innovation of SAP in the Healthcare Industry. Healthcare delivery is increasingly becoming more organized, patient-centered, and dependent on collaborative efforts. Healthcare organizations are emphasizing cost-cutting strategies and technology to expand their operations and gather and utilize financial and clinical data to improve performance and quality. .

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Due

JANUARY 24, 2023

If you want to build wealth, you’ll need to earn money while you sleep. The only way to do this? Generate passive income. Sadly, passive income can seem overwhelming, since it often takes a lot of hard work or money upfront. The good news is that you can create extra income while you’re not working with the help of passive income apps. For those looking to make extra money without spending all of their time on side hustles, here are 25 passive income apps to download.

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incfile

JANUARY 25, 2023

When it comes to filing your small business taxes, it all boils down to two options: following the DIY method and filing your own taxes, or working with a professional such as a CPA, qualified tax preparer, or tax lawyer.

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Small Businesses 105

Plooto

JANUARY 30, 2023

If you have any doubts about the importance of customer service and building solid client relations, consider the following statistic from a Harvard Business Review study: Increasing customer retention by 5% can increase profits from 25 to 95%.

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Accounting Firms 98

Credit Absolute

JANUARY 31, 2023

In the year 2020, most Americans were getting financial support from the government. Their spending was also low due to restricted movement. This was as a result of the lockdowns, travel, and the mere fear of being exposed to large crowds in the midst of the COVID-19. Consequently, the credit card debt decreased from 930 […] The post 2022 Debt & Credit Card Use Statistics in the U.S appeared first on Credit Absolute.

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SAP Credit Management

JANUARY 27, 2023

What an event, we had around 150 participants from the partner eco-system from global service providers to VARs and software developers in North America at the beautiful SAP Engineering academy in San Ramon, California. We had the goal to: Discuss your opportunities related to innovating on SAP BTP Provide SAP BTP related solutions and product updates Help you accelerate your SAP BTP journey Explore SAP BTP enablement and coaching offerings (including SAP Integration and Certification Center ser

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JANUARY 22, 2023

Retirement can be a time to relax and enjoy the fruits of your labor, but for many seniors, the reality is that their fixed income is not enough to sustain their desired lifestyle. That’s where passive income comes in. It requires little to no effort to maintain and can provide a consistent revenue stream for retirees. In this article, we’ll explore several passive income ideas that seniors can use to boost their retirement income and live more comfortably and securely.

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incfile

JANUARY 30, 2023

Sometimes side hustles conjure up images of low-paying or even free work. You do a little here, you do a little there and you get paid a little. So you might be wondering, “How do side hustles make money?” Thankfully, side hustles are not an internship.

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tillful

JANUARY 23, 2023

First: What are tradelines for business? A tradeline or trade information refers to the financial obligations that a business has to its creditors, suppliers, service providers, and other vendors that involve payment terms. Simply put, tradelines are any account that appears on your credit reports and includes information about the creditor and their debt.

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Plooto

JANUARY 23, 2023

In 2022 we introduced a new feature in Plooto called Plooto Capture, located in the Documents tab. Capture was built to help Plooto provide an automated end-to-end cash flow experience to our customers. Holistically, Capture is made to automate the input and creation of the bills that will then be paid through Plooto, with the convenience of having this entire experience live within the Plooto system.

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Credit Absolute

JANUARY 23, 2023

Good debt and bad debt are terms used to describe different types of debt and their effects on your financial health. Good debt is debt that improves your income or net worth, can be repaid responsibly, and has a good return on investment. Bad debt, on the other hand, is debt that you are […] The post Examples of Good Debt vs Bad Debt appeared first on Credit Absolute.

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SAP Credit Management

JANUARY 14, 2023

Registrations for the SAP Inside Track Bengaluru 02/2023 are officially open now! Join us on February 25th, 2023 for a jam-packed day of learning, networking & fun. . When. Mark your calendars for February 25th, 2023 and be sure to arrive early for registration between 8:30 AM – 9:30 AM. The event will run from 9:30 AM – 5:00 PM, giving you a full day to immerse yourself in all things SAP. .

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JANUARY 1, 2023

Financial planning may be necessary but it’s also notorious for being a decidedly unpleasant experience. For many people, dealing with intimidating life events such as children in college or reaching retirement age, can trigger much emotional or mental stress. Still others may feel overwhelmed as they explore various possible scenarios, challenges, and solutions. .

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incfile

JANUARY 6, 2023

Filing taxes as an S Corporation can be a very effective way to lower your self-employment taxes and could save you thousands a year (if you make over $70,000 a year, that is).

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Eagle Business Credit

JANUARY 20, 2023

A huge challenge to small business growth is cash flow. The majority of small businesses struggle with managing their cash flow, and cash flow issues are the number one cause of small business failure. There have been some rough years for small business owners , and many businesses are still not seeing the same revenue they were before. So, it stands that small business cash flow is hurting.

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Credit and Collections Small Businesses 98

Gaviti

JANUARY 16, 2023

As a collections team, mailing dunning emails and collecting receivables from customers are routine tasks. While many A/R teams use the same templates and emails, they often fail to review and test various types of messages. But how can you ensure that you are using the most effective workflow possible? – Simple, your marketing department has been doing this for a long time.

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Plooto

JANUARY 16, 2023

Thank you for choosing Plooto for your AP/AR automation needs. Plooto’s payment processing features have helped many businesses like yours streamline their credit card processing , cut costs, and save time.

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SAP Credit Management

JANUARY 23, 2023

In diesem Jahr starten wir wieder unsere Workshop Reihe der SAP Fiori End to End Workshops für SAP Partner. Die erste Veranstaltung findet in Leimen in der Nähe des SAP Mutterschiffs statt. 21 – 23 Februar 2023 Alle Vorträge werden in deutscher Sprache gehalten. Daher auch dieser Blog Post von mir ausnahmsweise auch in Deutsch. In diesem Workshop werden sowohl die Entwicklung von SAPUI5-Anwendungen mit SAP Business Application Studio als auch die Entwicklung von OData-Services mithilfe des

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JANUARY 20, 2023

It turns out that when the going gets tough, the tough take on side hustles. According to an Insuranks survey from 2022, 93% of Americans have a side job. And their most common reasons for getting into the gig economy aren’t surprising: earning cash and paying bills. Inflation is high , after all, and every little bit counts. Of course, most side gigs aren’t going to bring in millions.

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incfile

JANUARY 20, 2023

From small business grants and loans to startup funding and investments and scholarships, there are thousands of funding options available — if you know where to look. Over the years, more money has become available for minority grants to start a business, small business grants for women , and general small business grants.

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lsq

JANUARY 19, 2023

Three years ago, Kelley Higney and her mother Ellen McAlister appeared on ABC’s hit show, ‘Shark Tank,’ with an innovative product – and highly entertaining pitch – that led to all the Sharks biting with offers to invest in the business. But it was Lori Greiner’s ‘Golden Ticket’ offer that secured the partnership. By the end of the segment, the duo had secured the funding needed to continue to grow Bug Bite Thing , which is a suction tool that removes insect saliva or venom from underneath the

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GoCardless

JANUARY 11, 2023

In this guest blog, Plend's James Pursaill discusses how the start up is reinventing the loans landscape through the greater transparency and data capabilities offered by open banking.

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Gaviti

JANUARY 10, 2023

CFO turnover rates are at an all-time high as financial professionals grapple with unprecedented economic realities. The current global economy requires dynamic cash flow planning, but not all CFOs have the skills or talents to rise to the occasion. The good news is that all financial professionals can learn how to prepare a company to masterfully handle economic uncertainty.

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SAP Credit Management

JANUARY 19, 2023

SAP SuccessFactors licenses for Learning classify the users into two License user types, “Active” or “Functional”. It is important to classify the users into right type for compliance with the licenses purchased by the customer. Difference between Functional user and Active user: The Learning management system does not differentiate between an Active and Functional User.

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Due

JANUARY 29, 2023

In October of 2022, the Consumer Price Index was up 7.7% from the same time the previous year. Shelter, food, and gasoline prices are leading the way, which we’re all bearing the brunt of. Inflation has all kinds of side effects for individuals and for businesses, particularly businesses that are just getting started. Prices for most things you need to run your business are up, which can really eat into your profit margin.

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incfile

JANUARY 18, 2023

If you’ve been at your side hustle for six months or longer and have had success, it may be time to turn your part-time business into your full-time job. Perhaps you're confident your side hustle earnings can replace your full-time income, or you find yourself overwhelmed by the time required to keep up with your side hustle and keep your full-time job.

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TreviPay

JANUARY 11, 2023

In today’s unprecedented — and unpredictable — economic landscape, companies of all types must manage their cash flow. Effective cash flow management gives companies much more control over their business and its overall health. Not only does cash flow management allow them to pay off debts and reinvest in the business, but it also provides a buffer during times of economic uncertainty or hardships.

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biz2credit

JANUARY 9, 2023

You may be familiar with the concept of quantitative easing – the fancy term for central banks like the U.S. Federal Reserve cutting interest rates. Interest rates have a tendency to decrease during a recession because central banks in many nations cut rates in an attempt to stimulate lending and economic expansion. Lower rates incentivize … Continue reading "What Will Happen to My Business Loan’s Interest Rate During a Recession?".

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lsq

JANUARY 10, 2023

New partnership will help improve liquidity and build resilient, sustainable, and diverse supply chains using artificial intelligence and trade finance solutions. MIAMI and ORLANDO, Fla. (January 10, 2023) – LSQ , a leading provider of working capital finance and payments solutions, and Calculum , an industry leader in financial artificial intelligence (AI) and data-analytics services, today announced an agreement to collaborate and combine LSQ working capital and Supply Chain Finance solu

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