Sat.Dec 02, 2023 - Fri.Dec 08, 2023

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Navigating the Tapestry of Credit Management: A Dialogical Odyssey

Credit Tools

Former credit managers turned CEOs, delve into the evolving landscape of credit management. Explore their expert insights and forward-thinking discussion on the future approaches reshaping this.

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Holiday Collection Policy Tips from the RevCycle Heroes

RevCycle

The holiday season is a time for giving and receiving. It’s also a time when many businesses experience an increase in delinquent payments. This can put a strain on your staff and increase your operating expenses. Reducing delinquent payments during the holiday season is crucial for businesses, as it can significantly impact cash flow and profitability.

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Divide and Conquer Your Past Due AR

Your Virtual Credit Manager

“One size does not fit all.” To often we try to put round pegs in square holes. This misguided search for a singular understanding applies to many things, including collecting Accounts Receivable (AR). Optimal Collection results are achieved by utilizing different collection techniques with different types of customers. Treating them all the same is a sure path to mediocre results.

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Know-it November Round Up

Know-It Global

Read all about November with us and the exciting things that have been going on. Our New Mobile App We are excited to announce we have released a brand new mobile app! You can now receive live credit management updates via the app so you are always kept in the know. Get notified about changes to your customer’s credit report, alerts to potential customer risks including liquidations or insolvencies and get live updates on your commercial debt recovery cases on the go!

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Stock Market Surge Concerns Federal Reserve

Due

The stock market has experienced a remarkable surge, with the S&P 500 increasing by 10% since the last Federal Reserve meeting just a month ago. This rapid growth has caused concern for the Federal Reserve, as they worry about the potential impact on inflation. Despite speculation of potential interest rate cuts by the end of 2024, examining how the Federal Reserve might respond to this recent market euphoria is crucial.

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Ten qualities of a successful BSA officer

Abrigo

Good BSA Officer can be hard to find. Here are a few qualities to look for when you are evaluating candidates for your next BSA Officer. You might also like this resource: "Building a strong future: Succession planning strategies for you AML program." Watch webinar Takeaway 1 BSA Officers are the frontline defenders against financial crimes in banking institutions, and hiring the proper skill set for each BSA position is critical.

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ADC Attends The 2023 Genius Network Annual Event

Accounting Department

Last week, AccountingDepartment.com Co-Founder, Bill Gerber, and Business Development Representative, Shawn Marcum hit the road and attended the Genius Network Annual Event in Scottsdale, AZ.

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Diversify Your Portfolio Through Municipal Bonds

Due

As a wealthy investor, it is natural to be interested in investment options that promise handsome returns and are tax-efficient. We live in uncertain economic times, with stretched stock valuations and rising concerns over taxes and inflation. In such a scenario, the ideal strategy would involve diversifying and protecting your portfolio in the most tax-efficient manner possible.

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Building Trust with Clients: A Guide to Effective Communication

Enterprise Recovery

Effective communication is the foundation for building trust with clients. Communicating clearly and consistently shows your clients that you value their business and respect their time. Communication and trust create a positive relationship so your clients feel good about paying their invoices.

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Typical Small Business Loan Terms

Lendio

When you’re looking at business loans for the first time, you might be overwhelmed by all of the information you need to understand to feel confident in your decision. One of the most important components of any type of financing is the loan term. This is the length of time and frequency you’re required to repay the loan. Small business loan terms vary significantly depending on the type of financing and structure.

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Variance Analysis Made Easy with NetSuite

Accounting Department

In the fast-paced world of business, understanding the reasons behind changes in financial data is crucial for making informed decisions. That's where variance analysis comes in. Also known as flux analysis, this powerful tool compares two sets of data, revealing the quantitative difference between them and shedding light on the underlying factors behind the change.

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Achieving Financial Security in Uncertain Times

Due

Being financially secure and prepared for any unforeseen circumstances is crucial. Achieving this level of security involves understanding and managing your expenses and income, creating a rainy-day fund, and investing smartly. This article will provide in-depth knowledge about these essential aspects of fiscal responsibility and will offer practical advice and strategies for achieving financial security.

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US Supreme Court Denies Municipal Power Agencies’ Petition for Review of Rulings Concerning Federal Government’s Build America Bond Obligations

Reorg Blog

The post US Supreme Court Denies Municipal Power Agencies’ Petition for Review of Rulings Concerning Federal Government’s Build America Bond Obligations appeared first on Reorg.

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How to improve cashflow and make more money

blue dot counseling

To keep cashflow grounded in reality, go backwards for six months to see what the actual cashflows have been before you go forwards and model the future. The post How to improve cashflow and make more money appeared first on Blue Dot Consulting.

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The Critical Role of Portfolio Monitoring in Modern Banking

Biz2X

Reading Time: 4 minutes For small and community banks, a comprehensive portfolio monitoring tool is not just a convenience; it’s a necessity, especially as it pertains to business lending where risk factors are multifaceted and dynamic. The Risks of Inadequate Monitoring Credit Risk Amplification : Without real-time monitoring, banks may miss early warning signs of credit deterioration.

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Why It’s Better to Wait Before Claiming Social Security Benefits

Due

When you first begin your career, Social Security might be the furthest thing from your mind. It’s just one more hefty deduction taken out of your paycheck — or so it seems. In reality, Social Security is a significant part of retirement financial planning for many people. As we pay into Social Security throughout our working lives, we’re investing in our future selves.

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UPDATE 1: Gemdale In Talks With Shareholder Futian Investment to Sell Shenzhen Great City Bay Project, Also in Talks to Raise CNY 5B Syndicated Loan on Beijing Gemdale Center; Considers Selling Offshore Assets in U.S.

Reorg Blog

The post UPDATE 1: Gemdale In Talks With Shareholder Futian Investment to Sell Shenzhen Great City Bay Project, Also in Talks to Raise CNY 5B Syndicated Loan on Beijing Gemdale Center; Considers Selling Offshore Assets in U.S. appeared first on Reorg.

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The real cost of bad debt: It's more than just money

Chaser

Bad debt is the amount of money that a business has not been able to collect from its customers. It refers to unpaid invoices or accounts receivable that are considered uncollectible and must be written off as a loss. The direct financial implications of bad debt include reduced cash flow , decreased profit, and increased risk for the company. When a customer fails to pay their debts, the business is left with a hole in their budget that can hinder future investments and growth.

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Early Adopters Having the Most Success Using AI Are Doing These Three Things

Emagia

Reflecting on the defining trends of the finance sector in 2023, one undeniable spotlight emerged—the mainstreaming of artificial intelligence (AI). The success of Open AI’s ChatGPT played a pivotal role in shifting perceptions from skepticism to active discourse within the business world. Previously hesitant to embrace AI, companies transitioned from keeping it at arm’s length to acknowledging its potential contributions.

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What is a GPO and How Can It Help Your Healthcare Business?

Lendio

Suppose for a moment that you wanted to install a fence in your backyard. As you obtain project bids from various businesses in your area, you begin to realize that the cost for the fence would exceed your budget. Then you have a brilliant idea—you call five of your neighbors and ask if they’d also be interested in getting fences in their yards. Two of your neighbors say they are interested.

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Seazen Obtains Guarantee Letter From China Bond Insurance

Reorg Blog

Seazen Holdings has obtained the guarantee letter from China Bond Insurance Co. Ltd. for its proposed three-year medium-term notes with a size of up to CNY 850 mn.

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Just how bad has Brexit proved to be?

Cpcmcredit Blog

Not too much according to this article from a well regarded economist from a surprising source And he is right. The reality is that for the vast majority of the working population, Brexit hasn’t changed their lives one jot and frankly this was always going to be the case. The point was well made by Paul Krugman that even though he was against the concept of Brexit, the anticipated decline in GDP would be spread over such a period that it simply would not be felt by the average household.

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Shop Small, Spread Joy: The Importance of Supporting Small Businesses this Holiday Season

TMC Financing

In a world filled with retail giants and online marketplaces, it’s easy to overlook the importance of shopping small. However, this holiday season, we encourage you to think twice before. The post Shop Small, Spread Joy: The Importance of Supporting Small Businesses this Holiday Season appeared first on TMC Financing.

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A Comprehensive Guide to Equipment Leasing For Small Businesses

Lendio

Running a small business often requires making savvy decisions about acquiring necessary equipment without overspending. One popular strategy among small business owners is equipment leasing, which allows you to use high-quality equipment without the financial burden of buying it outright. This guide will demystify equipment leasing, explaining why it’s an attractive option for your business and providing insights to navigate the process effectively.

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European CLO Manager Pemberton Plans Expansion of Business to US

Reorg Blog

Hugh Minch Pemberton Asset Management is planning to launch a US CLO management business and has approached investors about the possibility of launching the new franchise, according to market sources.

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What Rich People Do Differently with Their Money

Due

A stereotype of rich people is that they are greedy and materialistic. In reality, however, many wealthy individuals are quite frugal and careful with their spending. Rather than letting their money work for them, they have learned how to make it work for them. The purpose of this blog post is to identify some of the differences between rich and poor people in terms of how they handle their money.

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5 Strategies for Cash Flow Optimization in the Transportation and Logistics Industry

Gaviti

Cash flow in the transportation and logistics industry can be unpredictable. Long payment cycles, supply chain shortages and seasonality combined with a reliance on manual processes for collections are just a few factors that propel companies in the transportation and logistics industries to seek a more efficient process for their cash optimization.

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How to Get a Commercial Real Estate Loan

Lendio

If you’re considering purchasing commercial real estate , it’s worth exploring the option of a commercial real estate loan , also known as a commercial mortgage. This type of loan can be a valuable tool for small business owners looking to expand their operations or acquire additional property. But getting approved for a commercial real estate loan is not always easy.

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EMEA Maturities & Pipeline – November 2023

Reorg Blog

Reorg presents a list of companies in the EMEA markets with maturities over the next 24 months. Notably, 17 companies fall within our stressed/distressed coverage. The tracker also includes deal origination opportunities (featuring LBOs and acquisitions).

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How to reduce your business credit risk: 5 strategies to implement now

Chaser

Credit risk is a crucial factor for small and medium-sized enterprises (SMEs). Managing credit risk effectively can increase financial stability and improve cash flow and overall business growth.

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Exclusive interview - SOA People's Software Vision

SOA People

In an exclusive interview, Tarek Bougroug, Executive Board Member at SOA People, shared his insights into the company's strategic software focus. In addition to regular development, SOA People tackles complex business challenges.

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