Sat.Mar 26, 2022 - Fri.Apr 01, 2022

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Countdown to CECL: A Timeline for Credit Unions

Abrigo

This post was substantially updated from the one originally published February 28, 2020. Preparing for 2023 Credit unions have a 2023 deadline for CECL implementation, leaving limited time to refine their processes. This timeline will help plan the transition. Get CECL compliant. Learn how with the CECL Streamlined webinar series. REGISTER. Takeaway 1 "Analysis paralysis" and the pandemic put CECL implementation on the backburner for many credit unions.

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Your Ultimate Guide to Unsecured Business Lines of Credit

Beyond Capital Blog

Ready to apply for financing? Discover the ins and outs of an unsecured business line of credit. Find out how to obtain funding and see the pros and cons. The post Your Ultimate Guide to Unsecured Business Lines of Credit appeared first on Fast Capital 360.

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Bectran Unveils Enhanced Data Integration Interface for SMEs Credit, Collections and Accounts Receivable Data

Bectran

The pressure on Corporate IT teams has been intensifying as new technologies and processes are being adopted in their organizations. The adoption of cloud-based SaaS technology solutions is radically changing the way services are configured, deployed, and scaled. Enterprise data integration remains at the core of every enterprise process implementation on a SaaS platform, and Credit, Collections and Accounts Receivable data are no different.

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Why email makes accountants’ lives difficult: Inefficiencies

Lockstep

Accounting teams rely on email for so much, it’s ridiculous. These teams depend on email to communicate internally with their teams, and externally with customers, sometimes managing four or more inboxes at a time. Managing today’s accounting email inboxes with limited collaboration capabilities means teams are using Slack, Teams, productivity tools, phone calls, IMs, and smoke signals to close the books.

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Am I making the most out of my QuickBooks?

blue dot counseling

It doesn’t matter if you’re in the cloud with apps coming out of your ears or if you’re a 15th century cleric keeping the parish accounts – bookkeeping is all about processes and workflow. The post Am I making the most out of my QuickBooks? appeared first on Blue Dot Consulting.

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The Best Small Business Loans for Car Dealers

Beyond Capital Blog

Read on for a list of the 8 best business loans to keep the wheels moving for your car dealership or auto repair shop. The post The Best Small Business Loans for Car Dealers appeared first on Fast Capital 360.

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Why email makes accountants’ lives difficult: Data, Reporting and Analytics

Lockstep

Accounting teams depend on email to communicate internally with their teams, and externally with customers, sometimes managing four or more inboxes at a time. Managing today’s accounting email inboxes is extremely labor intensive and limiting. This leaves teams needing to use email, spreadsheets, ERP systems, collaboration tools, productivity tools, phone calls, IMs, and smoke signals to close the books.

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Time Management Techniques for Ambitious Entrepreneurs

Prime Commercial Lending

The more you accomplish in the office, the better your company’s odds of success. Time management is a major key to productivity, yet it’s elusive for some business leaders. Here are some tips on getting as much done as possible every day. Create Lists. Having a daily roadmap that tells you exactly what to do can be helpful. Before each workweek, write out what you want to achieve and estimate how long each assignment is likely to take.

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How to Calculate Accounts Receivable Turnover Ratio

Beyond Capital Blog

Your accounts receivable turnover ratio can help you boost your business’s cash flow. Here’s how to calculate and interpret that ratio. The post How to Calculate Accounts Receivable Turnover Ratio appeared first on Fast Capital 360.

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Do You Know Your Lender as Well as They Know You?

Commercial Credit Group

When you apply for credit, whether that be personal credit (credit card, mortgage, etc.) or business credit, you provide a lot of information to your lender. The information gives the lender great insight into your financial history and condition and allows them to assess your credit worthiness and their risk. This is standard business practice. But do you perform the same due diligence on your prospective lenders?

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Moving to the Cloud? Start with Dynamics GP Payroll - Webinar

dynavistics

Moving to the Cloud? Start with Dynamics GP Payroll - Webinar.

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The top 5 BNPL apps for UK businesses

GoCardless

The buy now pay later industry is expected to be worth over £127 billion by 2023

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42 Business Finance Terms and Definitions to Know

Beyond Capital Blog

Every successful business owner needs to know these basic business finance terms and definitions. Read on to become a business finance expert. The post 42 Business Finance Terms and Definitions to Know appeared first on Fast Capital 360.

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Accounting for TDRs Ending for CECL Adopters

Abrigo

FASB Ends TDR Accounting for CECL Users; May Consider Idea to End for Others, Too The FASB's latest Accounting Standard Update creates a single model for measuring and disclosing loan modifications under CECL, eliminating accounting for TDRs. . You might also like this "CECL Streamlined" webinar series. WATCH. Takeaway 1 The FASB is ending CECL requirements that creditors use TDR accounting for certain loan refinancings, restructurings, and write-offs.

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How to offer customers split payments

GoCardless

Everything you need to know about how and why to offer customers split payments

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A guide to e-commerce payment systems

GoCardless

There are several electronic payment methods classed as cash or credit payment

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How To Choose A Credit Card Machine

GoCardless

Everything you need to know to choose a credit card machine for your business.

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Do you pay VAT on unpaid invoices?

GoCardless

How to use the HMRC bad debt relief scheme to reclaim VAT on unpaid invoices.

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How merchants should fight chargebacks

GoCardless

If a chargeback seems illegitimate it should always be fought, when possible

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Differences Between Expenses & Expenditures

GoCardless

Read more on the differences between expense and expenditure on GoCardless.

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The advantages of an E-Payment system

GoCardless

Should your business be accepting as many Payment options as possible?

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Pros & Cons of Contactless Payments

GoCardless

We explore the advantages and disadvantages of contactless payments.

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UK GAAP vs IFRS: The Top Differences

GoCardless

Most UK companies will use the UK GAAP FRS 102 accounting standard

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What are profitability ratios?

GoCardless

A profitability KPI provides a key way to measure business success.

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Best International Business Bank Accounts

GoCardless

What is an international bank account and what are its benefits?

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Avoid customer frustration: tips to improve your online payment experience

GoCardless

Learn how to create a seamless payment experience for customers.

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Cross-border selling and common mistakes

GoCardless

Discover cross-border selling and the common mistakes to avoid.

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Best Virtual Terminal for Small Business

GoCardless

Find out what to look for in a virtual terminal for payments.

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What makes a business profitable?

GoCardless

What you need to know to build and run a profitable business.

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Why 2FA & MFA are key for taking payments

GoCardless

Discover the importance of 2FA and MFA when taking payments.

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Best Ecommerce Platform for Subscriptions

GoCardless

Find ecommerce subscription software to grow your business.

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