Credit Research Foundation

FEBRUARY 8, 2024

Opinions on the economy seem to be like the weather report – somewhat correct and somewhat missing the mark. What is true is that bankruptcies are up and there is more risk in the economy than we have seen in the past several years. CRF was fortunate to have Ryo Tashiro, Outreach Economist from the Philadelphia Federal Reserve, speak in our 2024 webinar series and provide clarity across the economic landscape.

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Bankruptcy 195

Your Virtual Credit Manager

FEBRUARY 6, 2024

As a small business owner or executive, managing accounts receivable (AR) and navigating through various credit decisions is an integral part of the job. After all, credit and collections is essential to the performance of your order-to-cash (O2C) process and cash conversion cycle. From processing credit applications to negotiating payment plans, each AR activity you undertake requires thoughtful consideration.

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Credit and Collections Accounts Receivable (AR) Bad Debt Credit Risk 130

Reorg Blog

FEBRUARY 9, 2024

The post Sorrento Shareholder Alleges Newly Uncovered Evidence ‘Proves’ Latham, Jackson Walker ‘Conspired’ to Fraudulently Fix Venue for Sorrento Ch. 11 Cases in SDTX appeared first on Reorg.

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Due

FEBRUARY 7, 2024

Financial institutions use artificial intelligence (AI) and machine learning (ML) models to reshape debt recovery. Although you probably haven’t noticed any changes yet — these technologies are already having a massive impact on the finance industry. Why AI and ML Are Essential for Debt Recovery Debt grows out of control as people’s priorities shift, interest rates hit historic highs, and the cost of living rises.

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Credit and Collections Credit Scoring Bankruptcy 124

Abrigo

FEBRUARY 6, 2024

Develop an MBL program while mitigating risk Credit unions looking for alternate paths to growth in today's rising rate environment may be primed to leverage member business lending. You might also like this upcoming webinar, "Relationship banking: 7 Keys to extraordinary results." Register Takeaway 1 Credit unions developing or tightening up an existing MBL strategy should start by engaging the board of directors to outline goals.

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Credit Unions Credit Risk Small Businesses 88

Accounting Department

FEBRUARY 7, 2024

In the past few years, there has been a significant surge in the growth of e-commerce businesses. With the emergence of new companies and the adaptation of brick-and-mortar stores to online platforms, the demand for online purchasing is being met through various online sales channels.

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FEBRUARY 5, 2024

Your company is awash in data. In today’s digital age, business data comes from various sources, including customer interactions, sales figures, social media metrics, and operational statistics. E-commerce giants like Amazon track user behavior, purchase history, and browsing patterns to personalize recommendations and enhance user experience.

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Credit and Collections 116

Abrigo

FEBRUARY 9, 2024

ANPR to Address Residential Real Estate Money Laundering FinCEN is focusing on residential real estate money laundering. Here is what you need to know. You might also like this on-demand webinar, "AML/CFT hot topics for 2024: What to expect for financial crime." WATCH NOW Takeaway 1 Real estate money laundering is a serious issue , with a n estimated $2.3 billion laundered between 2015 and 2020 through the U.S. real estate market alone.

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Cybersecurity Transactions 78

Accounting Department

FEBRUARY 8, 2024

Have you or your clients outgrown Quickbooks or a related solution? Need to streamline the process of handling operations? Stuck in an old system that is slowing down growth? Then this session is for you. Join Jennie Hoffman of AccountingDepartment.com and Chrissy Allard of goVirtualOffice as they take you through the signs that you have outgrown your current systems and tell the stories of businesses that have harnessed the power of an ERP.

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blue dot counseling

FEBRUARY 7, 2024

The best accounting software in the world can't compensate for a bad accountant. The post The bookkeeping is complete, said the previous accountant, on his way out the door appeared first on Blue Dot Consulting.

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FEBRUARY 6, 2024

Millions of TikTok users were captivated by the 100- envelope money-saving. There’s a good reason for that. Americans have a median savings account balance of $1,200, according to a Motley Fool survey. Aside from that, median savings balances dropped from $4,500, and average savings balances are down from $35,366. Nevertheless, people can save a whopping $5,050 just by participating in this challenge.

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Reorg Blog

FEBRUARY 6, 2024

Bond investors in French IT group Atos are concerned about being primed as the company progresses in debt talks with its lenders. Atos is urgently working to execute a business split accompanied by an equity raise as it has imminent debt maturities in 2024 and 2025. Some elements of Atos’ negotiations echo recent restructuring events in France, including French care home operator Orpea and French food retailer Casino.

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Accounting Department

FEBRUARY 9, 2024

We are thrilled to announce that Episode 12 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

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blue dot counseling

FEBRUARY 6, 2024

The big issue was the relationship between dividends, Maggie's director's account and the money she draws from the company. The post I’ve got a much better view of what the * is going on in my company appeared first on Blue Dot Consulting.

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Due

FEBRUARY 9, 2024

The S&P 500, a benchmark index representing the stock performance of 500 large companies listed on U.S. stock exchanges , is currently trading at unprecedented highs. This surge in value might lead some investors to question whether now is the right time to invest in stocks. However, this assumption may not be entirely accurate, and a deeper understanding of the market dynamics is required.

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Reorg Blog

FEBRUARY 5, 2024

Excluding its listed subsidiaries, Lai Sun Development Company Limited pro forma unrestricted cash of HKD 651 mn, after adjusting for amounts to be repaid after refinancing the Ocean Park Marriott bank loan facility, appears tight.

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Inc. Authority

FEBRUARY 9, 2024

In the fiercely competitive world of startups, content marketing is a powerful tool that enables your business to resonate with leads and consumers, increase conversions, and build brand loyalty. So what is content marketing? It’s the creation and sharing of … Continue reading → The post Content Marketing: Why it’s Worth Your Time and How to Get Started appeared first on Inc Authority.

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biz2credit

FEBRUARY 9, 2024

Disclaimer: The information in this article is provided for general information only and does not constitute tax advice. In this article: Understanding Modified Accrual Accounting How Does Modified Accrual Accounting Work? Key Features of Modified Accrual Accounting How Modified Accrual Accounting Can Benefit Small Businesses Bookkeeping methods have come a long way since double-entry accounting … Continue reading "Modified Accrual Accounting for Small Businesses" The post Modified Accrual

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Small Businesses 52

Due

FEBRUARY 5, 2024

The unraveling of Silicon Valley Bank and the looming threat to regional banks In the recent past, the banking industry has been subjected to intense scrutiny, with regional banks bearing the brunt of the pressure. Last year, Silicon Valley Bank, a notable regional bank, encountered a significant crisis that led to its downfall. Currently, another regional bank, New York Community Bank, is teetering on the brink of a similar fate.

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Reorg Blog

FEBRUARY 5, 2024

New World Development Co. Ltd. is offering for sale eight shops in Tsim Sha Tsui district of Hong Kong, with total asset value of approximately HKD 415.4 million.

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Inc. Authority

FEBRUARY 9, 2024

How responsive is your business? As a busy entrepreneur, it’s easy to let calls slip through to voicemail and messages remain unanswered. Thing is, 66% of consumers expect a response within minutes. In today’s fast-paced business landscape, few people will … Continue reading → The post 66% of Customers Expect a Prompt Response: What Happens When They Don’t Get It?

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Small Businesses 52

Enterprise Recovery

FEBRUARY 8, 2024

Accounts receivable is an essential aspect of any business's financial management. It refers to outstanding payments owed to your company for goods or services provided on credit or with an agreement that payment is owed. By allowing your business clients to defer payment, your company can attract more clients and increase sales. Managing A/R effectively , however, is crucial to maintain a healthy cash flow.

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Debt Collections 52

StackSource

FEBRUARY 8, 2024

CEO Tim Milazzo and Director of Capital Markets Huber Bongolan recently went live to talk through the current state of the capital markets, providing a comprehensive February recap, and explaining why and how spring is in sight for the industry.

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Chaser

FEBRUARY 9, 2024

In the bustling world of freelancers, small business owners, startups, and established businesses, time is a precious commodity. Billing clients should not add to your workload; it should be simple, fast, and professional. This is where an effective invoice template becomes your silent ally. Knowing why a good invoice is key to your business practice and understanding what to include in it are essential steps toward getting paid promptly and maintaining a stellar reputation with your clients.

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Small Businesses 52

Reorg Blog

FEBRUARY 5, 2024

China South City has remitted funds to repay the 4% principal of amortization under its outstanding $235 million USD notes originally due July 2024.

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FEBRUARY 8, 2024

The commercial real estate market has been in turmoil over the past two years, experiencing a significant downturn. The market has seen a 40% drawdown since early 2022. The severity of this decline has been so extreme that it has been likened to “blood in the streets,” a phrase often used to describe a market that has been heavily sold off and is potentially ripe for savvy investors to step in.

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Credibly

FEBRUARY 8, 2024

Table of Contents Targeted help for specific business owners Resources to build and fund your business Online business resources for entrepreneurs Have the tools you need? Curious about financing?  For entrepreneurs and small business owners, the journey to success is paved with challenges and opportunities. Central to this journey is the ability to access crucial resources for small business, particularly in the realms of funding, support, and education.

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Small Businesses 52

Credit Tools

FEBRUARY 8, 2024

On February 1st, My DSO Manager's team attended the British Credit Awards hosted by The Chartered Institute of Credit Management in London. Let's take a look at this wonderful night !

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DSO Credit Management 52

SOA People

FEBRUARY 8, 2024

The European credit transfer (SEPA Credit Transfer) and the European direct debit (SEPA Direct Debit) were introduced in 2008 and 2009 respectively. The European Commission (EC) and the European Parliament believed this implementation was happening to slowly and prepared legislation in 2010 to legally regulate migration. In 2012, the final version of the EU regulation was adopted by the European Parliament and thus came into force and is binding for 36 countries.

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Credit Management 52

Cpcmcredit Blog

FEBRUARY 8, 2024

The number of online-only retailers going bust has soared to a record high as the “pendulum swings back towards bricks-and-mortar retail”. A total of 615 businesses entered insolvency last year , an increase of 13 per cent compared with 2022, when 545 companies collapsed, according to Price Bailey. It may come as a surprise to some but the High street is fighting back strongly against the online retailers. “Online retail” is now a pretty high risk sector and in my view there are a n

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Reorg Blog

FEBRUARY 8, 2024

The post UPDATE 1: Analysis: Lai Sun Development May Face Up to HKD 4B Liquidity Shortfall as $500M Due’26s Mature; Credit, Corporate Structures Suggest Favorable Downside Enforcement Prospects; But Amendment Provisions Provide Contractual Cram-In Mechanism For Money Terms appeared first on Reorg.

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