Your Virtual Credit Manager

NOVEMBER 29, 2022

Photo by Ralph Hutter on Unsplash Confronted with high interest rates and inflation, and heading into a what is increasingly looking like a recession, small- and medium-sized businesses (SMBs) will probably need to use a Collection Agency more than they have in the past. In fact, most SMBs should look into using Collection Agencies to not only maximize the recovery of Accounts Receivable (AR) at high risk of never being collected, but to collect all old receivables.

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Credit and Collections Accounts Receivable (AR) Collector Default 130

Due

DECEMBER 1, 2022

Money is a complex topic, with thousands of books, websites, and podcasts dedicated to covering some aspect of the subject. It can also evoke a strong emotional response. Feelings of embarrassment, shame, frustration, anger, and more can keep people from addressing their financial situation. One solution is to carve up financial strategies into small, simple tasks.

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Credit Reporting Agencies Credit Card Payments 111

Plooto

NOVEMBER 28, 2022

It is a brave new world for accounting firms. New technology , pent-up client demand for advisory services, and ever-increasing compliance and regulatory oversight have created a new “business” mindset among accounting organizations — identifying clients’ needs and building the infrastructure to meet those needs.

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Accounting Firms 98

Credit Absolute

NOVEMBER 28, 2022

In recent months, inflation has received a lot of attention. As a consumer, you’ve probably felt the pinch in your wallet. Many things have become more expensive. Aside from the cost of things, inflation has caused many people to be concerned about their credit. However, it is vital to note that while inflation has no […]. The post Understanding How Inflation Can Hurt Your Credit Indirectly appeared first on Credit Absolute.

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Credit Scoring 98

The Esker Blog

NOVEMBER 29, 2022

The leaves have turned, the NFL season is well-underway, and the air is getting brisk. This is the time of year when we at Esker begin engaging in a number of conversations with partners and clients who are planning for next year’s projects and budgets. The last few years have been a wild ride to say the least, and looking to 2023, we’re noticing a handful of themes emerging in these planning sessions.

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Dashboards Deductions Cash Applicator 92

Due

DECEMBER 2, 2022

If financial rules affect your mental health, they may need to be broken. However, this doesn’t mean making bad decisions just for the sake of having fun. Instead, this is giving yourself permission to take a break from all the strict must-dos and figure out a healthier alternative. Furthermore, depriving yourself entirely just to save money may be detrimental to your health.

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Enterprise Recovery

NOVEMBER 28, 2022

While we typically write about the end-of-the-year processes for accounts receivable , year-end brings about its own stress for the sales and marketing teams. With quotas to meet and budgets to assess, the challenges can weigh on even the most seasoned professional. Here are four tips for B2B sales and marketing professionals to end the year strong.

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Beyond Capital Blog

NOVEMBER 29, 2022

Learn how to write a stellar business plan and find out why it’s vital you have one. Access our free business plan checklist too. The post How to Create a Business Plan to Succeed in 2023 appeared first on Fast Capital 360.

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Accounting Department

NOVEMBER 30, 2022

Accrued expenses, also known as accrued liabilities, refer to expenses that are recognized on the books before they have been paid. The expense is recorded during the period in which it is incurred, rather than when it is paid.

Small Businesses 74

Small Businesses 74

TreviPay

DECEMBER 1, 2022

Retail has had a front-row seat to change in the past couple of years, embracing eCommerce and buy online, pick up in-store, ushering in a new era of touchless checkout technology, and disrupting the sales channel with direct-to-consumer brands. In 2023, retailers have the opportunity to expand into B2B markets , but one large hurdle to accomplishing this is enabling frictionless B2B payments.

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Enterprise Recovery

DECEMBER 2, 2022

The holidays are a special time when your business breathes out a sigh as one year ends and another begins. Right? Before that happens, there is much to do! The end of the year signals the looming beginning of tax preparation and budget decisions. It also means closing out the books for the year and discovering delinquent receivables. Don't let past-due invoices ruin your holidays!

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Beyond Capital Blog

NOVEMBER 29, 2022

Want to make New Year's resolutions to improve your small business? Here are a few ways to start the year off right. The post The Top 10 Business New Year Resolutions appeared first on Fast Capital 360.

Small Businesses 74

Small Businesses 74

Accounting Department

DECEMBER 1, 2022

Have you ever considered how outsourced accounting services might help your business navigate the post-pandemic economic climate more efficiently? If so, this article will lay out the advantages through a near-term and long-term lens.

Small Businesses 74

Small Businesses 74

Credit Management Group UK

NOVEMBER 29, 2022

Back door hiring episode 5. We regularly assist our clients with litigation against debtors, from the hearing stage, when the claim is defended, all the way through to enforcement. We have a very high success rate in litigation. However, the debtor doesn’t always have the ability to pay their debts. This is why credit checking customers is vital. However, despite the large volume of delinquent debts we are involved with, very few go to a hearing.

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Credit Management Default 52

MNS Credit Management Group

DECEMBER 2, 2022

Introduction. Who are debt collectors? A corporation or agency that recovers money owing on past-due debts is known as a debt collector. Many businesses that owe money to creditors use debt collectors, who work for a fee or a portion of the total amount collected. Some debt collectors are also debt purchasers; these businesses buy debt below its face value and then make an effort to collect the entire amount owed.

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Debt Collections Collector Credit and Collections Bad Debt 52

Beyond Capital Blog

NOVEMBER 28, 2022

The end of the year is a great time to review your company’s performance. Here are 9 year-end small business action items to help you stay on track in 2022. The post Our Year-End Checklist for Small Business Owners appeared first on Fast Capital 360.

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Small Businesses 67

Credit Absolute

DECEMBER 2, 2022

If you are approved to get a credit card, you will know immediately, but if not, an adverse letter is sent to explain why the credit card was denied. The letter includes instructions to get a free copy of the credit report if it was used in decision-making. While waiting for the letter, you should […]. The post Can’t Get Approved for Credit?

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Credit Scoring 52

Onguard

DECEMBER 2, 2022

Amsterdam, 2 December 2022 – Despite the talents that people with autism have, it is very difficult for them to function well in a regular work environment. Because of this, the idea of creating a protected environment where their talents can be fully expressed has emerged. While they are busy doing what they are good at, testing software, they are trained and coached in the areas they are less good at, namely communication skills.

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NorthOne

DECEMBER 1, 2022

Business banking platform, Nearside, recently announced that it’ll be closing its doors, leaving thousands of customers to scramble for a stable alternative by December 23rd. To all those impacted: NorthOne has your back. As one of the leading challenger banks for small businesses, NorthOne is the best alternative to Nearside. Our on-call support and tailor-made tools are trusted by customers nationwide and our low monthly fee ensures that our business is sustainable.

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Small Businesses 52

Beyond Capital Blog

DECEMBER 2, 2022

Here are 8 retail technology trends taking center stage in 2023. Discover the shopping experiences consumers want in ecommerce and brick and mortar. The post 8 Retail Technology Trends to Watch This Year appeared first on Fast Capital 360.

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Grit

DECEMBER 1, 2022

Are you looking for ways to increase eCommerce sales ? One strategy that can help is upselling. Upselling involves suggesting a more expensive or upgraded product or service to a customer interested in purchasing. By recommending a higher-priced option, you can increase your average order value and boost your profits. In this article, we’ll explore some tips for using upselling techniques to drive sales.

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Lendio

DECEMBER 1, 2022

One of the hardest things for new business owners to understand is that their earnings and cash flow aren’t the same thing. Your business earns money every time it makes a new sale, but that doesn’t mean it has a positive cash flow. Cash flow refers to the money coming in and out of your business, and it’s a good indicator of your company’s financial health.

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Inc. Authority

NOVEMBER 30, 2022

If you own a small business, you need to be aware that most states require you to have a registered agent. This is a responsible third-party in the same state as the business entity, who can be the point of … Continue reading → The post Registered Agents and Why Every Small Business Needs One appeared first on Inc Authority.

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Small Businesses 52

Beyond Capital Blog

NOVEMBER 28, 2022

You've got Black Friday on your marketing calendar, but what about Independence Day? Here's how to use every holiday to your max advantage. The post Retail Holiday Marketing Calendar: Your 2023 Guide appeared first on Fast Capital 360.

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Chaser

DECEMBER 1, 2022

Offering credit to business customers is a common practice among many businesses. Credit sales are a type of sale in which the customer is allowed to purchase goods or services now and pay for them later. As with all types of credit, there are several advantages and disadvantages to offering credit sales. The primary advantage is that it allows customers to purchase goods or services they may not otherwise be able to afford if they had to pay upfront.

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Credit Sales 52

Lendio

DECEMBER 1, 2022

What’s your strategy? Between inflation and a possible recession, every business needs a strategy right now. Is it smarter for your business to face economic challenges head-on or would it be wiser to scale back this time around? Turns out, both approaches have value, although the one you choose may help determine the path your business takes as the economy returns to normal.

Small Businesses 52

Small Businesses 52

Cpcmcredit Blog

DECEMBER 1, 2022

There is a tendency to pick holes in any business’s rebrand and it has to be said that some have worked extremely well but within Finance the results have been mixed to put it mildly. Liverpool and Victoria rebranding as the snappy LV was a simple and effective example and the key here is not so much the image but the manner in which the name slips off the tongue.

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Onguard

DECEMBER 1, 2022

Using credit management software makes it possible to bring together all customer information and generate a comprehensive customer profile. It also enables automatic profiling and segmentation. This creates a 360° view of customers, reducing risks of unpaid invoices and improving predictability of cash flow. And therefore, in the long run, customer satisfaction, or customer experience.

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The Corcentric Blog

NOVEMBER 30, 2022

In Part Two, we’ll explore how the learnings achieved by corporate finance leaders regarding digital technology during disruption is now shaping their future strategies for the finance function.

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Grit

NOVEMBER 30, 2022

In this blog post, we will explore four basics of SNAP that everyone should know. These include what SNAP selling is, how much people can receive in benefits, who is eligible for the program, and how to apply. Keep reading to learn more! What is SNAP selling? The foundation of SNAP selling’s philosophy is the belief that sales representatives nowadays must deal with unenthusiastic prospects who suffer from “frazzled customer syndrome.” Customers that are under pressure wonder i

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Due

NOVEMBER 30, 2022

Money is tight for many individuals and businesses right now, with inflation at historic highs and pressures on the economy coming from several directions at once, from the lingering effects of the pandemic to shipping hangups and the Ukraine war. In spite of the challenges, there’s good news: it’s possible to make your money and resources work for you.

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Small Businesses 52