April, 2021

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Alleviating Financial Pressure in the New Normal

RevCycle

It has now been over a year since COVID-19 arrived in the U.S., wreaking havoc on healthcare’s already thin margins while creating new financial pressure. As early as March 2020, hospital revenue streams began taking a huge hit due to the cancellation of elective procedures, which along with increased costs had a significantly negative impact on the industry’s credit outlook.

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Big Changes Coming to the Alberta Lien Act

Priority Credit Management Corporation

The Government of Alberta has approved changes to the Alberta Builders’ Lien Act that are scheduled to come into effect July 2021. Here are our key takeaways of the biggest changes that will influence Builders’ Lien filing in Alberta. (To get future updates like this, make sure you SUBSCRIBE to our Newsletter). Extended Lien Deadlines (Yay!). The standard lien filing period is extended from 45 calendar days to 60 calendar days after completion of work or materials provided.

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Interested In Charging Interest?

Eastern Credit Management Services

Anyone who has ever borrowed money from a financial institution would be accustomed to paying interest. It is a tool that any company may implement as part of a broader collection management policy. Is it a tool that will work for you and if so, how do you add it to your credit management policy? Today we are going to look at interest and answer these questions.

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Equipment Lease vs. Loan: Which is Right For You?

Commercial Credit Group

When considering an equipment acquisition for your business, you may have wondered, “Should I choose a lease or a loan?” Depending on your industry, the type of equipment you intend to acquire, and your business needs, a loan may be a better option over a lease. So, what’s the difference?

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[Report] Consumer payment preferences in 2021

GoCardless

How your customers prefer to pay impacts their buying decisions. Learn all about payer preferences in 2021, and how you can leverage them for your business.

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7 Essentials for Reshaping Your Business to Succeed in the Digital Era

Sansan

To meet the demands of modern consumers, every business needs to embrace digital transformation, especially SMEs.

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(VIDEO) Why Teaching Our Kids Financial Literacy Will Change Our Economy

Priority Credit Management Corporation

The second most uncomfortable conversation to have with our kids (I’ll let you figure out the first) could be the conversation about managing finances. Though not the easiest, it is one we NEED to have. Teaching our kids about managing their money is crucial, yet the evidence is clear that we're doing a poor job of passing down financial literacy to future generations.

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The Finality of a Final Demand Notice

Eastern Credit Management Services

Of all the credit management tools in your toolbox the one that should have the most teeth is your Final Demand Notice. As its name implies this is the final letter you will be sending your customer and they should view it as their final opportunity to repay their overdue account without risk of further consequences. The only way it has teeth though is if it is specific and forceful enough of a motivator for your customer to feel compelled to pay.

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What is “Capital Formation” in real estate?

StackSource

Capital formation is the process of sourcing money to deploy into a deal.

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The 8 dimensions of recurring payments: how to build an optimised payments strategy

GoCardless

What makes the perfect recurring payment strategy? And how do you improve yours?

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What is a Loan Origination System (LOS)?

Abrigo

What an LOS Is, and How It Benefits CFIs A loan origination system automates and manages the lending process to address common challenges. You might also like this report on commercial loan automation systems DOWNLOAD. Takeaway 1 The lending landscape is increasingly competitive and the process is frustrating. Here's what a loan origination system is.

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The 8 dimensions of recurring payments: Coverage

GoCardless

Understand how you can grow your business by broadening your payment coverage.

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Rebel Energy maximises payments visibility to drive a green energy revolution for all

GoCardless

With digitisation and automation, Rebel Energy is re-imagining energy supply.

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How we ensured security and privacy with Instant Bank Pay

GoCardless

GoCardless is using open banking to provide a better experience for payers.

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What is the role of the Chamber of Commerce?

GoCardless

A Chamber of Commerce can help shape the future of business for the better

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Now you can take one-off bank-to-bank payments instantly with GoCardless

GoCardless

Say hello to Instant Bank Pay, our first open banking-powered feature.

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GoCardless launches open banking payments, offering businesses a new alternative to taking one-off payments

GoCardless

GoCardless has launched Instant Bank Pay, a new open banking feature

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How we celebrated IWD 2021 across all of March

GoCardless

We extended IWD 2021 across the whole of March. Here's what happened.

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Invoicing at scale: A guide for financial services

GoCardless

Learn about the challenges and best practices for invoicing at scale

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Introduction to financial accounting

GoCardless

Financial accounting is an essential task that must be undertaken with diligence

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Maximizing revenue for your SaaS businesses — 5 top tips

GoCardless

A definitive list all SaaS businesses should implement to maximize total revenue

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Small Businesses: How to Write a Great Value Proposition

GoCardless

Write a great value proposition to attract new customers and grow your business.

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What is a Trust Account and How Does it Work?

GoCardless

Learn about banks that offer trust accounts and exactly what is a trust account

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The board of directors – what they do and why we need them

GoCardless

Why a board of directors is so much more than just the shareholder’s mouthpiece

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A Guide to the Critical Path Method

GoCardless

We look at how to implement the critical path method in your project management

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What is absenteeism?

GoCardless

Absenteeism is habitual absence from work, beyond what is considered acceptable

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What is Gross Misconduct and How to Manage It

GoCardless

Learn about gross misconduct and how to manage it effectively at your business

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The Benefits of Distance Learning for Employees

GoCardless

What are the benefits of distance learning for employees are for your business?

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What are journal entries in accounting?

GoCardless

Make sure your journal entries are in accordance with double-entry accounting.

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What is the Volcker Rule?

GoCardless

What is the Volcker rule? And what does it mean for banks and their customers?

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Customer Success Strategies

GoCardless

How a good customer success plan can improve conversions and customer loyalty

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