Sat.Nov 04, 2023 - Fri.Nov 10, 2023

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Avoiding These 8 Collection Mistakes Will Pay Dividends

Your Virtual Credit Manager

There is often a very fine line between getting paid and getting paid much later or not at all. Frequently there is a small window of opportunity for getting paid sooner rather than later. Any number of factors can put your company on the wrong side of the equation: Your competition also wants to get paid. If their collection efforts are more aggressive than yours, the customer will tend to pay your competitor sooner, while you end up waiting for this mutual customer to accumulate additional fun

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Know-it October Round Up

Know-It Global

It’s been another busy month at Know-it! We are excited to welcome a new team member ​​​​​and receive a fabulous award! Read all about October with us and the exciting things that have been going on in the October round up blog! Phil Hobden – Head of Growth and Strategy Know-it are excited to announce the addition of Phil Hobden to head up the Know-it sales team!

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FundThrough Ranked Number 431 Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™

FundThrough

For Immediate Release PR Contact: Helen Shacklett, Sr. Manager Communications, FundThrough, hshacklett@fundthrough.com FundThrough Ranked Number 431 Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™ Attributes 280% Revenue Growth to integrated partnerships and increased solution awarness. Toronto, ON – November 8, 2023 – FundThrough today announced it ranked 431 on the Deloitte Technology […] The post FundThrough Ranked Number 431 Fastest-Growing Comp

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Felix Buehner on Automotive Digital Commerce

TreviPay

Meet Spryker’s Feliz Buehner: Felix Buehner is the Global Lead for Automotive and Mobility at Spryker , a leading eCommerce platform provider based in Berlin, Germany. With over five years of experience in the automotive and technology industries, Felix is a recognized expert in digital transformation and eCommerce solutions for the automotive industry.

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Sky Helps Experienced CEO Save Jobs of over 100 Employees

Sky Business Credit

When it comes to owning a business, every day brings its unique set of challenges. For Skip, an experienced CEO who had recently acquired a new company, the unexpected hurdles came fast and furious. In a matter of months, he found himself in a cash flow predicament that threatened to destroy his business and his employees’ financial livelihood. How It Began Skip purchased an established business less than a year ago and things were going well – until one day, with $1.5 million in receivables pen

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5 reasons to meet Chaser at QuickBooks Connect 2023

Chaser

Are you attending QuickBooks Connect 2023 in Las Vegas? If so, make sure not to miss visiting Chaser's booth. Chaser is excited to be exhibiting at this year's event, which is set to take place at the ARIA from Monday, November 12th, to Wednesday, November 15th. QuickBooks Connect is a global event series that brings together accounting professionals, QuickBooks platform partners, and the ecosystem that surrounds them.

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Tipalti PO Management Made Easy

Accounting Department

By implementing Tipalti's innovative software, businesses can revolutionize their purchase order (PO) process, effortlessly streamlining and automating their operations. Gone are the days of tedious manual purchasing workflows, as Tipalti empowers companies to achieve unparalleled efficiency and accuracy. With its user-friendly interface and cutting-edge technology, Tipalti ensures that every step of the purchasing process is seamless and error-free.

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SBA 7(a) Loans: What It Is, Requirements, Apply

Lendio

Because small businesses are so critical to the country’s success, the federal government launched the Small Business Administration (SBA) to help foster American small businesses. The most popular way the SBA furthers its mission is through SBA 7(a) loans—if your business qualifies, you can get funding backed by the government that can help take your enterprise to the next level.

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Navigating the Challenges of B2B Debt Collections

Enterprise Recovery

Debt collections between businesses (B2B) is the recovery of overdue payments for goods or services provided to another company. Understanding the intricacies of B2B debt collections is essential for businesses to manage their cash flow effectively and maintain healthy financial relationships with their clients. Businesses of all sizes often face delayed payments, invoice disputes, and communication difficulties.

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Join us for a training session next week

Credit Management Group UK

If you’re looking for an overview or refresher on your credit management , why not Join Jenny as she goes through a quick master class in “How to get your fees paid in a client focused way” The session is being hosted by The Liverpool law Society , Conference for Legal Cashiers & Managers – Wednesday 15th November 2023 This can be attended in person or via MSN teams.

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Spend Management Principles and Strategies for SMB's

Accounting Department

One of the most important aspects of running a successful business is managing the money that comes in and goes out. However, this can be especially tricky for small to medium-sized businesses, which often have fewer resources and smaller budgets to work with.

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How to Buy a Small Business and Where to Find Them

Lendio

There are many ways to become an entrepreneur. You can launch your own business from the ground up, you can partner with someone else, or you can even buy a small business outright. Buying a small business can create a unique stream of income and help you to launch your new career—you just need to know where to find them and how to invest. Buying a business, as opposed to starting something from scratch, can streamline your path to profitability.

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How Can You Use Invoice Factoring to Grow Your Business?

Eagle Business Credit

If you operate a small business of any type, then you have probably at least heard of invoice factoring. While invoice factoring is an incredible way to grow your business, most people are simply not aware of how they might use such a service to the benefit of their day to day operations. If this sounds like you, then read below so you can get started on using an invoice factoring service to grow your business.

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Our top tips for managing business cash flow effectively

Credit Management Group UK

Managing business cash flow effectively is essential to the survival of any business, many things will count towards positive cash flow, here I will be focusing on the credit management aspect of managing cash flow. Credit check prospective customers A prospective customer may appear to be an attractive business prospect during your initial talks, however new customers will always bring with them a certain degree of risk.

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A gory cashflow model is a useful cashflow model – the bloodier the better

blue dot counseling

You probably can’t rely on your bank to save the day so it’s down to you The post A gory cashflow model is a useful cashflow model – the bloodier the better appeared first on Blue Dot Consulting.

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How to Buy a Business With an SBA Loan

Lendio

Have you always dreamed of owning your own business, but don’t want to start from scratch? One option is to buy an existing business. However, coming up with the funds to make such a purchase can be a major hurdle for many aspiring entrepreneurs. This is where a Small Business Administration (SBA) loan comes in handy. In this blog post, we will discuss how to use an SBA loan to buy an existing business.

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29 Easy Entrepreneurship Activities for All Classes

Due

As educators, we can cultivate an entrepreneurial mindset in our students. By incorporating these 20 easy entrepreneurship activities into our classes, we can inspire creativity, foster problem-solving skills, and prepare students for success in any career they choose. Whether it’s through hands-on exercises, podcasts, videos, or structured programs, these activities will engage students and ignite their entrepreneurial spirit.

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Morgan Stanley Infrastructure Partners’ Exit From Continuum Green

Reorg Blog

Delays in commissioning under construction projects have led to valuation mismatches for the sale of Morgan Stanley Infrastructure Partners’ around 83% shareholding in Continuum Green Energy Ltd., with no binding bids so far received, said a source close to and a source familiar with the situation.

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2024 Will Be the Year of B2B for Fintechs (and Brands They Serve) 

TreviPay

You can tell which way the fintech winds are blowing when you attend Money 20/20. As usual, this year’s show was big, glitzy and a who’s who of the fintech and banking world. Fintech Trends at Money 20/20 Walking around in Las Vegas, there were many of the usual themes at the expo – digital transformation and automation , cross-border , eCommerce (and gaming commerce!

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Chaser is a finalist for the CICM Technology Development Award 2024

Chaser

I am thrilled to share that Chaser has been shortlisted for the Technology Development Award at the CICM British Credit Awards 2024. The awards recognize stand-out achievements of individuals, teams, and organizations in the international credit industry, and Chaser is honored to be recognized by this prestigious awards body.

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Gen Z Favors Family Financial Wisdom

Due

A recent study by Morning Brew and Generation Lab has discovered that the majority of Generation Z, currently enrolled in college, rely on their parents or family members for financial advice. Out of the 978 individuals surveyed, 64% indicated that they turn to their parents for financial counsel, which is significantly more than banks, friends, entrepreneurs, or celebrities.

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Vingroup Still Faces ~VND 38T Holdco Bond Current Maturities

Reorg Blog

Vingroup’s holdco cash balance of VND 577.2 bn as at Sept. 30 is de minimis when compared against VND 54.48 trillion ($2.24 bn) of adjusted current borrowings at the holdco level.

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Profit Margins: Make more money with every sale

blue dot counseling

It's taken some time to bed this approach into the business but it's now working and the success of the change is being felt all the way to the bottom line and on into the bank! The post Profit Margins: Make more money with every sale appeared first on Blue Dot Consulting.

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The Power Pair: Simplifying Paper Conversion & Reassociation with SSI

SSI Healthcare Rev Cycle Solutions

The Power Pair: Simplifying Paper Conversion and Reassociation with SSI [On-Demand Webinar] Home / Every revenue cycle leader is familiar with the grueling challenges of paper conversions: a time-consuming, error-prone process that often stands between your organization and timely payments. But consider this — according to the CAQH Core 2022 report, by switching from manual remittances to ERAs (electronic remittance advice), there’s a potential savings of $4.02 and 7 minutes per transactio

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Grocery List for College Students on a Budget

Due

Although college is a time of great change and excitement, it can also be a difficult time financially. Thanks to high tuition and hidden costs , students often live on tight budgets, and grocery shopping can be one of their biggest expenses. There are costs involved regardless of whether students consume off-campus meals, cook at home/in their dorms, or take advantage of an on-campus meal plan.

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Unraveling TCFD: Task Force on Climate-Related Financial Disclosures

Reorg Blog

In the second chapter, we dived into the potential risks and impacts of climate change. In this chapter, we will dive into the opportunities arising from climate change.While climate change presents inherent risks, it also unveils a spectrum of opportunities to combat and adapt to its effects. The Task Force on Climate-Related Disclosures, or TCFD, clarifies these opportunities as resource efficiency, transitioning to low-emission energy sources, innovating new products and services, expanding m

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Credit and Finance Need to Make Moves Against Fast-Rising Bankruptcy Levels

Emagia

As the curtain falls on the active season regional B2B credit and finance conferences winds down for the calendar year, professionals are turning their attention to a troublesome elephant in the room, one that underscores the importance for the best possible, often tech-based practices in credit applications and collections : corporate bankruptcies are indeed on the rise again.

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The Power Pair: Simplifying Paper Conversion & Reassociation with SSI

SSI Healthcare Rev Cycle Solutions

The Power Pair: Simplifying Paper Conversion and Reassociation with SSI [On-Demand Webinar] Home / Every revenue cycle leader is familiar with the grueling challenges of paper conversions: a time-consuming, error-prone process that often stands between your organization and timely payments. But consider this — according to the CAQH Core 2022 report, by switching from manual remittances to ERAs (electronic remittance advice), there’s a potential savings of $4.02 and 7 minutes per transactio

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The S&P 500 Rally is a Possible False Positive [November 6, 2023]

Due

Last week, the S&P 500 experienced its best week since November 2022, with an increase of 6%. However, this impressive growth may not necessarily indicate a flourishing market. Despite the positive numbers, there could be several reasons to be cautious in the investment landscape. This article will dissect the reasons behind the recent rally, and discuss their potential implications on the market.

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Primary Analysis/Model Update: EG Group

Reorg Blog

EG Group has launched a $1.6 billion-equivalent offering of five-year senior secured notes, comprising euro and dollar-denominated tranches, in a bid to address a $2 billion-equivalent February 2025 maturity wall. This transaction follows the completion of the £2 billion sale of its U.K. and Ireland, or UK&I, business in late October.

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How to respond to common late payment excuses

Hilton Baird

Customers not paying on time? Here's how to respond to some of the more common late payment excuses you may be faced with. The post How to respond to common late payment excuses appeared first on Hilton-Baird Collection Services.