Your Virtual Credit Manager
JUNE 11, 2024
My first exposure to the power of accounts receivable (AR) automation came in 1990 when I was credit manager at ERICO Fasteners, a mid-market, specialty metals manufacturer. The first month after we automated a few basic features to supplement our accounting package, we realized an increase in cash flow of 30 percent. During the 10 years I’d been in business credit, I had never seen anything like it.
blue dot counseling
JUNE 9, 2024
“We need to take our accounting work by the scruff of the neck and bring it in-house, away from our accountants!” The situation above was a little extreme but it’s the right direction of travel for many businesses as they grow. Bookkeeping and accounting is a role that lends itself well to outsourcing (it’s a […] The post In-house accounting for a growing business – often the right answer but how do you get there?
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Credit Absolute
JUNE 12, 2024
The stock market is often seen as a distant entity, a realm of high finance reserved for Wall Street professionals. Yet, for the average American, the rise and fall of stock prices can significantly impact their personal credit score. This article explores the complex interplay between the stock market, consumer behavior, and creditworthiness in the […] The post The Stock Market’s Tangled Web: How It Can Affect Your Credit Score appeared first on Credit Absolute.
Accounting Department
JUNE 13, 2024
When it comes to compliance with government regulations, navigating the intricacies and nuances of DCAA accounting is essential for any government contractor. DCAA stands for Defense Contract Audit Agency, a branch of the Department of Defense that is tasked with auditing and evaluating proposal and contract costs for the government.
Know-It Global
JUNE 13, 2024
In today’s fast-paced business landscape, managing overdue payments can be an inconvenient and time-consuming task for companies of all sizes. Late payment chasing often requires significant manual effort, leading to inefficiencies, delays, and strained customer relationships. However, with technology-driven solutions like Chase-it, businesses now have a powerful ally in streamlining the debt collection processes and unlocking new levels of efficiency.
Due
JUNE 10, 2024
Are there times when you have dreamed of achieving a specific goal but have felt unsure how to accomplish it? Maybe you aspire to have a fulfilling career, to be in a loving relationship, or to have financial security. Thankfully, these aspirations aren’t just wishful thinking. The universe has a powerful secret that can help you manifest anything you desire.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
Accounting Department
JUNE 12, 2024
Every business faces a variety of major accounting and spending-related challenges. Chief among them — how can a business keep its spending to a minimum while still ensuring that they invest in growth areas and achieve its business goals?
Reorg Blog
JUNE 13, 2024
The post ‘How Does Anybody Think It’s Fair to Be Keeping This Quiet?’ Asks Perplexed Judge in Van Deelen RICO Case Against Former Judge Jones appeared first on Reorg.
Due
JUNE 14, 2024
Have you ever set a goal and then watched it fade away? Let me tell you, you’re not alone. For example, a whopping 91% of people who decide to make New Year’s resolutions do not achieve them. That’s quite a dismal success rate. We are halfway through the new year now. How are you doing with your goals? Here’s the thing, though: I used to be one of those 91%.
Chaser
JUNE 13, 2024
No one wants to wait to get paid. Delays cost you money and growth opportunities. Yet, you also need to be fair and competitive with your customers. Are you potentially waiting too long to seek out pay for fear of pressuring customers? Alternatively, waiting too long could limit cash flow so much that it's stifling your ability to meet your financial obligations.
Accounting Department
JUNE 14, 2024
Andrea Boccard teams up with Dennis Najjar, co-founder of AccountingDepartment.com, to explore the pivotal role of transparency in business success.
Grit
JUNE 12, 2024
Your connection with customers continues even after they buy something from you. After making a purchase, customers expect to receive certain updates from you. For example, they want to know that their order went through successfully, the current status of their order, and any other important news related to their purchase. By sending a BigCommerce follow up purchase order email , you can provide customers with all the information they need.
Due
JUNE 14, 2024
Many American savers are caught between paying off their mortgage before retirement or taking that money and putting it towards growing their retirement savings. Sure, having more money during your golden years could help provide you with more financial security when you’re not working anymore, but carrying long-term debt can be a cost burden and quickly drain a person’s savings.
TreviPay
JUNE 12, 2024
B2B payments landscapes require a deep understanding of businesses’ unique complexities and diverse transaction preferences. B2B transactions utilize longer payment terms, intricate invoice reconciliations and various system integrations. Explore these issues with insights shared at a recent roundtable conducted in Sydney, Australia sponsored by TreviPay and hosted by the Emerging Payments Association Asia (EPAA) to discuss the regional and global aspects of the region.
Commercial Credit Group
JUNE 11, 2024
During WasteExpo 2024, Kevin McGinn, Sr. VP for Commercial Credit Group Inc. (CCG), moderated a panel discussion titled Capital Investments: Choosing Areas for Investment & Where to Get the Capital. Panel members included: Dan Christensen from CARDS Recycling , Martin Mattsson from Volvo Construction Equipment , and Rusty Angel from Machinex. This post highlights some of the important points from the session and provides some key takeaways that waste and recycling companies can use to guide
Grit
JUNE 12, 2024
BigCommerce is a powerful eCommerce platform that offers a robust API to help businesses manage their online stores. However, like any API, the BigCommerce Order API can sometimes present challenges. This guide will explore common issues users encounter with the BigCommerce Order API , provide troubleshooting steps, and offer solutions to ensure smooth operation.
Due
JUNE 13, 2024
Terraform Labs PTE, Ltd. and Do Kwon have agreed to pay $4.5 billion to settle the results of a fraud case. According to a statement by the Securities and Exchange Commission (SEC), both entities have been found guilty of securities fraud on a mass scale, underscoring the authority’s crucial role in laying down the ban hammer to illegal practices.
Reorg Blog
JUNE 11, 2024
Reporting: Luca Rossi, Harvard Zhang, Andrew Ross, Chiara Elisei Altice France is reaching out to its secured and unsecured creditors via advisor JPMorgan to gauge the viability of a potential liability management exercise, according to sources.
blue dot counseling
JUNE 9, 2024
Poor quality accountants are like KGB sleepers, you may not know that you have got one until it's too late. The post Improve your business by changing your accountants appeared first on Blue Dot Consulting.
Grit
JUNE 12, 2024
BigCommerce, a leading eCommerce platform, offers the Order Status API, a powerful tool that enables merchants to automate real-time updates of their order statuses. In this comprehensive guide, we’ll walk you through getting started with the BigCommerce Order Status API , automating real-time order status updates, and leveraging its capabilities to streamline your eCommerce operations.
Due
JUNE 13, 2024
Inflation and the consumer price index The Federal Reserve meeting began with the unveiling of the Consumer Price Index (CPI) – a tool used to measure the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The CPI for May revealed that inflation did not increase, a result that surpassed the expectations of many market analysts.
Reorg Blog
JUNE 11, 2024
Reporting: Robert Schach Relevant Items: Offering Memorandum Core Analysis Sponsor Strategic Value Partners has been buying up the subordinated bonds in plastic packaging group Kloeckner Pentaplast, or KP, and has accumulated a roughly €90 million stake in the €300 million tranche,
Cpcmcredit Blog
JUNE 10, 2024
It can be tempting just to look at such questions through the prism of our narrow sector. It’s highly unlikely the Bank of England is going to announce a cut in rates to “help the invoice finance market” but that of course doesn’t mean that the IF market isn’t affected by the present relatively high rates. The same applies to the straightforward business loans and perhaps even more so, to equipment and asset financing, which tends to be a little more price sensitive
Grit
JUNE 12, 2024
Efficient order processing is crucial in the eCommerce industry to deliver a flawless shopping experience and increase consumer satisfaction. BigCommerce, a central eCommerce platform, provides the Create Order API, a powerful tool that allows merchants to speed up order processing while improving the entire consumer experience. In this detailed tutorial, we’ll lead you through the steps to get started with the BigCommerce Create Order API , streamline order processing, and use its feature
Due
JUNE 13, 2024
The National Association of Realtors announced today (June 13) that the Realtors Relief Foundation (RRF) will donate $2 million to tornado victims. Since the tornado in Arkansas, families have been devastated by the damage to housing and personal items caused by this savage display of nature’s forces. RFF donates $2 million in relief support to victims The National Association of Realtors post says the RFF relief will go to realtors in the state to help rebuild communities.
Reorg Blog
JUNE 11, 2024
Reporting: Chiara Elisei, Luca Rossi Swedish debt collector Intrum is in discussions with both its existing bondholders and third party investors about the provision of new money, sources close told Reorg. The company is looking for more than €500 million, the sources said.
Cpcmcredit Blog
JUNE 10, 2024
Julian Jessop is an economist always worth reading. He leans to the right but i’ve found that he’s a very clear communicator who’s strong with explaining data without being excessively in thrall to it. He’s much more Paul Krugman than Will Hutton, thankfully His view is that rates might not be cut rapidly for four main reasons.
Grit
JUNE 11, 2024
The secret to success in the e-commerce sector is the synergistic interaction between talent and technology. The human factor is what brings innovation, creativity, and strategic thinking to the table even though BigCommerce supplies the digital infrastructure for online operations. This article explores the tactical application of staff assignment in BigCommerce companies, acknowledging that wise human resource management is essential to realizing the platform’s maximum potential.
Due
JUNE 12, 2024
JAG Capital Advisors LLC (JAG Advisors) has been hit with charges from a governmental regulatory body for fraudulent activity. The Securities and Exchange Commission (SEC) brought the charges against the investment management firm and its owner, Joshua Goltry, today (12 June). SEC lays down charges against JAG Capital Advisors The government watchdog acted after events involving Goltry, and the firm raised red flags.
Onguard
JUNE 10, 2024
A B2B sales professional tends to stay with a company for 3-5 years on average, before moving on to the next role. What makes someone stick with an organisation for longer? We asked Maarten, who recently completed 30 years in his Onguard journey. You know he is the one passing by your desk because you hear a whistle. He is an early bird, he enjoys asking questions to keep everyone busy, and his main hobby is to “enjoy life” Maarten, Global Account Director at Onguard, has made a val
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