Sat.Apr 13, 2024 - Fri.Apr 19, 2024

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Is Your Collection Agency a Good Fit?

Your Virtual Credit Manager

Despite advances in workflow automation and payment technology, collecting commercial receivables is not getting any easier. Despite improvements in order-to-cash (O2C) processing, the explosion in digital payment mechanisms creates new complications. In addition, the regulatory environment is growing, as is the number of invoices being disputed by customers.

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Nailing cash flow statements: How to ensure you know where your business stands

Plooto

Managing cash flow effectively is an essential aspect of running a business smoothly. However, many small businesses struggle with cash flow management, especially if they don’t have a lot of experience in bookkeeping and accounting.

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Amazon Marketing Strategy: Best Tactics in 2024

NorthOne

Amazon reigns supreme as one of the most influential and dynamic marketplaces for businesses of all sizes. With over 200 million Prime members and millions of daily visitors scouring its. The post Amazon Marketing Strategy: Best Tactics in 2024 appeared first on NorthOne Blog.

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Have you thought about Outsourced Credit Management?

Credit Management Group UK

I have found over the years that many businesses do not have a dedicated credit control department within their business, rather this task is assigned to a role as an added responsibility; this often leads to poor collection activity due to lack of time and training to focus on effectively carrying out credit control. For many businesses it is not deemed feasible to have a credit control department which is entirely understandable, however from experience, those that are left with credit control

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5 Tips for Small Business Owners to Assess and Improve Their Bookkeeping

Due

America’s small businesses face unprecedented challenges. Small business bankruptcy filings increased 78% over the past year, driven by impending changes to bankruptcy law and ongoing uncertainty about the overall economic outlook. Chief among these concerns is whether, when, and by how much the Federal Reserve Bank of the United States will begin cutting interest rates.

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Check Processing Made Easy with Biller Genie Check Scanning

Accounting Department

Our friends at Biller Genie have announced a new software update that is packed with new features designed to streamline the check processing process and enhance the financial operations of businesses. This update introduces innovative features that will revolutionize how businesses manage paper checks and adapt to the future of accounting software integrations.

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India Cements Aims for ~INR 7.5B NCD Private Placement

Reorg Blog

The India Cements Ltd. a Chennai-based listed cement manufacturer, has mandated Nomura and Bank of America as lead arrangers to privately place around INR 7.5 billion.

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The Nation’s #1 SBA 504 Lender Expands to Hawaii

TMC Financing

TMC Financing is now Licensed to Lend in Arizona, California, Nevada, Oregon and now Hawaii Oakland, CA – TMC Financing, the nation’s top provider of SBA 504 commercial real estate. The post The Nation’s #1 SBA 504 Lender Expands to Hawaii appeared first on TMC Financing.

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The ADC Team Attends the 2024 EOS Conference

Accounting Department

Last week, the AccountingDepartment.com team attended the 2024 Entrepreneurial Operating System (EOS) Conference in San Diego, CA.

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Aryza and Dotdigital Forge Strategic Alliance to Revolutionise Customer Experience in Credit and Debt Management

Collenda

Aryza and Dot d igital Forge Strategic Alliance to Revolutionise Customer Experience in Credit and Debt Management Aryza Group announces its strategic partnership with Dotdigital, an all-in-one customer experience and data platform. This partnership enhances customer experience when they access credit and debt solutions. Dotdigital’s customer experience and data platform (CXDP) empowers marketing teams to exceed customer expectations with highly personalised cross-channel journeys, helping bra

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Part Time CFO – if this is the solution, what’s the problem?

blue dot counseling

The interim or part-time Finance Director option works well because it is quick to implement and it recognises that once the problems are solved you can go back to a lower-cost level of resource which will consistently get the right job done in the future. The post Part Time CFO – if this is the solution, what’s the problem? appeared first on Blue Dot Consulting.

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Is Taylor Swift Benefiting Your Business?

biz2credit

If you think Taylor Swift’s impact is limited to the music charts, think again. From the local coffee shop to the boutique hotel down the street, the Taylor Swift economy, or “Swiftonomics,” is a force to be reckoned with. Every time Taylor Swift goes on tour, she brings not just her music but also a … Continue reading "Is Taylor Swift Benefiting Your Business?

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Unlocking Summer Success: Inside A Typical Summer at ADC | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

We are thrilled to announce that Episode 17 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

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Aryza Group Launches Aryza Engage: Pioneering Consumer Engagement Software in the Canadian Market 

Collenda

Aryza Group Launches Aryza Engage: Pioneering Consumer Engagement Software in the Canadian Market Aryza has announced the launch of Aryza Engage , an innovative platform designed to empower consumers and Licensed Insolvency Trustee organizations in Canada. Aryza Engage is a cutting-edge software platform that aims to redefine how consumers interact with and understand their insolvency solutions.

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TreviPay: Your Partner for Global B2B Expansion Success

TreviPay

Expanding across global markets? You need a partner who speaks the language of diverse commerce norms and regulations. In this video, TreviPay Managing Director of EMEA, Inez Berkof-Hollander highlights the importance of selecting the right partner to execute your global expansion strategy: Ready to conquer the global market? Download TreviPay’s guide to global expansion “7 Important B2B Payment Considerations for Global Expansion Strategy” to discover best practices for: Navigating Cross-Bor

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Small Business Guide to Managing Supply Chain Disruptions

biz2credit

A streamlined supply chain is an operational advantage, the kind that most people don’t notice until a disruption occurs. Then “business as usual” becomes a chaotic mess that can quickly lead to lost sales, damaged relationships with customers, and financial strain. It’s no wonder then, that the U.S. Chamber of Commerce reports that supply chain … Continue reading "Small Business Guide to Managing Supply Chain Disruptions" The post Small Business Guide to Managing Supply Chain Disruptions

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Writing effective collections emails | Chaser

Chaser

When chasing overdue payments , the way you craft your collections emails can impact not only the likelihood of receiving timely payments but also the strength of your relationship with clients.

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Continuum Green Promoters Seek Financing

Reorg Blog

Promoters of Continuum Green Energy have appointed Deutsche Bank to help raise debt of $200 mn to partially purchase a 20% to 25% stake from Morgan Stanley Infrastructure Partners.

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Apple’s stock: a potential meltdown

Due

Apple Inc., the world’s second-largest company, is teetering on the edge of a financial precipice. The company’s stock, long considered a bellwether in the market, is flashing warning signs of a significant meltdown. This article will deeply dive into the current state of Apple’s stock, the reasons behind its potential downfall, and the possible ripple effects on the broader market.

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International Expansion: A Guide for Small Businesses

biz2credit

In this article, we cover: How Can a Small Business Expand Internationally? Steps for Expanding into an International Market Funding growth across geographical borders Expanding into international markets can be a lucrative opportunity for small businesses looking to fuel growth and expansion by broadening their customer base and increasing revenue streams.

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Global Expansion Strategy: A Guide for Expanding Cross-Border eCommerce 

TreviPay

Without needing to open new stores or offices to diversify revenue streams, you can lower the risk of international expansion while accessing more buyers through eCommerce. Online markets will provide access to an estimated 4.7 billion shoppers by 2028 – more than 40% of the world’s population. By 2029, global B2C eCommerce revenue is forecast to exceed $5 trillion , while the global B2B eCommerce market may be valued at a whopping $36 trillion by 2026.

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Exploring Altice France’s Liability Management Options

Reorg Blog

The stir created by French telecommunications and media company Altice France SA’s fourth-quarter 2023 earnings call is yet to die down. The trigger was management’s notification that it had revised its deleveraging target, now aiming to delever below 4x, which would require participation of investors in discounted debt repurchase or exchange transactions.

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Understanding fear and courage’s symbiosis

Due

In personal growth and self-improvement, two concepts often take center stage: fear and courage. These two elements are intricately woven together, influencing our actions, decisions, and, ultimately, the course of our lives. This piece aims to dive deep into the complex relationship between fear and courage, challenging traditional viewpoints and offering a fresh perspective on how we perceive and react to these potent emotions.

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What is the Average Business Loan Term?

NorthOne

Securing funding is a crucial step for many businesses, and understanding business loan terms is essential before taking on debt. One important factor to consider is the loan term, which. The post What is the Average Business Loan Term? appeared first on NorthOne Blog.

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Aged debtors report in Xero

blue dot counseling

Like most accounting software, the standard presentation of aged debtors is in alphabetical order - which is as useful as a chocolate teapot! The post Aged debtors report in Xero appeared first on Blue Dot Consulting.

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Phoenix ARC Acquires About INR 19B Real Estate NPLs of IIFL Finance 

Reorg Blog

Kotak Mahindra Group-backed Phoenix ARC Pvt. Ltd. has acquired nonperforming real estate loans of around INR 19 billion ($227.7 million) from IIFL Finance Ltd.

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Embracing resilience in life’s journey

Due

Life is a journey filled with ups and downs, twists and turns. We often encounter obstacles that test our strength and resilience along the way. These physical, emotional, or psychological challenges can either break us or make us stronger. The power of resilience lies in our ability to bounce back from adversity and keep moving forward, no matter how tough the circumstances.

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Business Term Loan vs. Line of Credit: How to Choose

NorthOne

Keeping a small business afloat often hinges on managing cash flow effectively. Unexpected expenses, seasonal dips in sales, or the need for a major investment can all disrupt your financial. The post Business Term Loan vs. Line of Credit: How to Choose appeared first on NorthOne Blog.

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Topics that Keep CROs Awake at Night – Part 3: Dealing with Cyber Attacks

Collenda

Cyber Resilience Topics that Keep CROs Awake at Night – Part 3: Dealing with Cyber Attacks As the digital landscape evolves, so does the threat of cyberattacks. Right now, the ECB conducts a critical cyber resilience stress test on 109 banks, probing their recovery capabilities post-attack. Unified BCBS 239 Risk Data Management According to the “Center for Strategic and International Studies” the global economy loses nearly $600 billion to cybercrime each year, representing almost one percent of

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EG Group’s Potential Exit From Australian Business

Reorg Blog

EG group is reportedly looking to exit its Australia operations - a scenario Reorg floated as an option to help the group delever in our waterfall analysis earlier last year.

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Paramount stock prices soar as Sony joint buyout edges closer

Due

Paramount, the globally recognized name in film and TV, watched stock prices rise as Apollo Global Management and Sony Entertainment buyout moved closer. The stock jumped as much as 15% amid the clamor and interest around the potential billion-dollar movie partnership. Active discussions are underway regarding the proposed move that could potentially see both of the interested parties taking over Paramount, keeping spectators captivated on the next major chapter in the deal.

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