Sat.Jan 13, 2024 - Fri.Jan 19, 2024

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How to build strong supplier relationships through smart credit management

Chaser

You can’t overstate the importance of building healthy supplier relationships; they influence everything from product quality to overall efficiency. That’s why establishing and maintaining beneficial supplier relationships can significantly impact your company's success and longevity. There’s one powerful method to guarantee strong supplier relationships: maintaining a healthy credit management system.

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2024: Your Year to Shine in Patient Experience

RevCycle

The year is 2024, and the patient experience has never been a more vital component of RCM. Patients are no longer passive recipients of care; they’re informed consumers who demand a positive and seamless experience. To thrive in this new era, medical facilities must prioritize patient experience like never before. But where do you start? Fear not, fellow healthcare heroes!

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Debt Collection Mistakes Can Prove Costly

Your Virtual Credit Manager

If you sell on open credit terms, you need to plan on having to expend time and resources collecting from those customers that don’t pay when due. No matter how much effort you put into evaluating customer credit, some customers will not live up to your expectations. Late payments and even non-payment are simply inevitable. In addition, customer situations change, and it is impossible to keep up, especially when you have a growing customer base.

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AML human trafficking red flags and other ways banks can support victims

Abrigo

Human trafficking red flags, strategies, and support Human trafficking is more prevalent than most realize, and banks and credit unions can help prevent it. Know the red flags to watch for. You might like this upcoming webinar, " Unveiling human trafficking: Perspectives, realities, and strategies." LISTEN NOW Takeaway 1 Human trafficking is prevalent in the U.S. and worldwide.

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Overcoming Hurdles with Outsourced Client Accounting Services

Accounting Department

As a business owner, you can face various challenges, from any direction. From staffing woes to cash flow issues and the ever-growing threat of cybercrime, you’re constantly juggling risk and reward to keep your business afloat.

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Late Payments of Commercial Debts Regulations 2013

Credit Management Group UK

Debtors Guide Q & A Where the Act is to be enforced Why the ACT? The legislation fulfils the UK’s obligations under the European Directive on combating late payment of commercial transactions. The UK was one of the first countries in the EU to implement late payment legislation and maintains this legislation after Brexit. The aim of the Act is to promote a culture of prompt payment within the UK.

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Americas Litigation, Regulatory and Legislative 2024 Outlook

Reorg Blog

With an eventful 2023 in the rearview mirror, Reorg’s Americas Litigation, Regulatory and Legislative analyst desk compiled selected situations we are tracking closely this year.

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Rolling Forecasts To Help Business Owners Stay In The Know

Accounting Department

It has been said that human capital is an organization's most valuable asset in today's climate. However, managing your financial assets is the ultimate responsibility of the company leadership. Without sound financial planning and asset management, a business can't thrive. And, ultimately, your human assets will suffer. Forecasting is an essential part of the equation.

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How Will Rate Cuts Impact Stocks

Due

Stocks have experienced a remarkable rally recently, with a 16% increase in just three months. This surge has been fueled by the expectation that the Federal Reserve (the Fed) will cut interest rates. But do rate cuts actually benefit the market? In this article, we will explore historical data to assess the impact of interest rate cuts on the stock market and provide insights into the potential consequences for investors with a $1 million stock portfolio.

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2024 Revenue Cycle Management Challenges and Emerging Trends

SSI Healthcare Rev Cycle Solutions

2024 Revenue Cycle Management Challenges and Emerging Trends Home / January 16, 2024 Author: David Mancuso, Sr. Marketing Manager at The SSI Group, LLC Welcome to the healthcare landscape of 2024 – a complex terrain where high stakes meet numerous challenges, defining a dynamic and demanding era in healthcare. This year promises to be a crucible of transformation, testing the resilience and adaptability of industry leaders while offering fresh perspectives on managing revenue cycles more efficie

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European Leveraged Loans Wrap

Reorg Blog

As there is a lot to say about European leveraged loan covenants in 2023, we will present our report in two parts. This first part will review the general state of the market in 2023. We will touch on syndication pushback, with a much more detailed report on that which will feature in our Covenants Pushback digest. We will also consider the outlook for covenants in 2024.

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Plooto Launches Enhanced All-In-One Payment Automation Solution for Scaling Businesses

Plooto

The new offering enables companies with complex payment workflows to implement customizable safeguards, rigorous security controls, and two-way sync with Oracle NetSuite

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Top 8 Financial Calculators for Small Business Owners

biz2credit

As a small business owner, keeping a constant eye on the financial pulse of your business is crucial. And that means more than just watching your cash flow. When you’re considering financing, or weighing the risks of maintaining the status quo, you need to havedata to base your decisions on. That’s where financial calculators come … Continue reading "Top 8 Financial Calculators for Small Business Owners" The post Top 8 Financial Calculators for Small Business Owners published first on.

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The European Commission has revised the Directive on combating late payments and presented a new proposal

SOA People

The European Commission has come forward with a proposal to revise the current European Directive 2011/07/EU on combating late payments in commercial transactions because it believes that it is insufficient to tackle the problem of late payments.

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Arvos Lenders Agree 3Y Extension

Reorg Blog

Arvos has agreed a restructuring proposal with lenders under which part of its debt will be equitized. The remainder will be termed out by three years with part of the term loan to be prepaid from the proceeds of an equity injection by sponsor Triton, and part of it shifted to a new holdco to delever the company and place it on a sustainable footing, sources said.

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How to Build an Operational Tech Stack Ready to Scale with Your Business

Plooto

Technology is empowering businesses of all shapes and sizes to scale and grow in ways that simply weren’t possible in the not-so-distant past. Innovations around real-time and cross-border payments and e-commerce, for example, have made it easier for businesses to sell their products and services anywhere in the world. AI and machine-learning powered technologies are making it easier than ever to track, automate, and analyze workflows across all business functions.

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Efficiency Unleashed: How Document Automation Software is Transforming Business Operations in a Post-AI World

Due

Document automation is revolutionizing how businesses handle their paperwork. It’s all about using technology to create, manage, and store documents, saving time and reducing errors. In the digital era, its importance is skyrocketing. Why? Because it boosts efficiency and accuracy , especially in handling large volumes of documents. Document automation is a game changer for small and medium-sized businesses (SMBs) and professional services.

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What is happening at European level in relation to a Digital Euro?

SOA People

In the news we see a lot of publications about Crypto coins (Bitcoins). Some countries allow the Crypto and some don’t, and some companies started to accept crypto payments. For example, in the US it’s possible to buy a Ferrari with crypto coins. Also in Europe, the European Commission is looking at the possibilities for a Digital Euro.

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European Leveraged Loans Wrap – Part 2

Reorg Blog

This article is the second installment in our series of European leveraged loan covenants trends in 2023. This part delves into a qualitative analysis of key leveraged loan covenants. For a general overview of the state of the market in 2023 and our predictions for 2024, see part 1.

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Can You Trust Your Cash Data Flow?

Biz2X

Reading Time: 4 minutes Accurate cash flow data is crucial for banks to assess a company’s liquidity, operational efficiency, and creditworthiness. It forms the backbone of lending decisions, portfolio management , and financial risk assessment. Inaccuracies or inconsistencies in cash flow data can lead to flawed credit decisions, risk miscalculations, and strategic missteps.

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An SBA 504 Loan Secures Property and More for Groceries 4 Less

TMC Financing

For Bryan Solus, the owner of Groceries 4 Less! – a popular Modesto, CA-based discount grocery store – the opportunity to buy his store’s commercial property came years after he. The post An SBA 504 Loan Secures Property and More for Groceries 4 Less appeared first on TMC Financing.

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Conflicted brokering?

Cpcmcredit Blog

Im increasingly coming across Invoice finance brokers who are also offering “insolvency services” The latest example is someone I know well and trust. There are also invoice finance “brokers” who are directly employed by Insolvency Firms, which is perhaps a slightly different and arguably more controversial arrangement but ill address that another time The problem with the former is that two different products are being offered which are contradictory.

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Lipton Teas Q3 Volumes Decline at Slower Pace

Reorg Blog

Volumes for Lipton Teas and Infusions (fka Ekaterra) continued to decline year over year in the third quarter although at a slower pace, and the impact of lower volumes on revenue was more than offset by price increases. The global tea business has been intentionally losing volumes to boost profitability, by focusing on higher margin business areas.

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How AI Can Help Your Small Business Financial Management

biz2credit

In this article: What is generative AI in finance? Understanding the small business landscape How generative AI can help small business financial management Some trends are here to stay, and Generative Artificial Intelligence (AI) is one of them. AI tools are finding their way into every industry. And while big businesses are quick to adopt … Continue reading "How AI Can Help Your Small Business Financial Management" The post How AI Can Help Your Small Business Financial Management publish

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Start 2024 with a Motivational Meeting

Inc. Authority

Invest in online marketing? Explore new technologies to increase efficiency? Launch a new product? Whatever your New Year to-do list looks like, turning your goals into reality will require clear communication and collaboration with your colleagues, clients, partners, or investors. … Continue reading → The post Start 2024 with a Motivational Meeting appeared first on Inc Authority.

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Insurance. Beware of these products…

Cpcmcredit Blog

For those running small businesses, there are numerous insurance products available, some of which are linked to finance and others not so. It can be quite a confusing market, especially when. certain items are given the hard sell by “brokers” I will state my position here. The only insurance product I assist with is Credit Insurance, which I co-ordinate through a broker I’ve known for many years.

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Huber India Plans to Raise ~INR 14B at 13% to 14%

Reorg Blog

Huber India Pvt. Ltd., the Indian arm of German ink manufacturer Huber Group is seeking to raise around INR 14 bn through non-convertible debentures.

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Aryza Group Expands Global Footprint with Acquisition of Oyster Bay Systems Limited

Collenda

Aryza Group Expands Global Footprint with Acquisition of Oyster Bay Systems Limited London – January 2024– Aryza Group, a leading provider of software solutions for the financial services industry, announces the successful acquisition of Oyster Bay Systems Limited (OBS) and its subsidiary Profile Data Services Limited (PDS). This strategic move is set to strengthen Aryza Group’s position in the finance and lending market, expanding the group’s capability in the loan management sector, addi

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Six years on: Has open banking in the UK peaked?

GoCardless

Reflecting on open banking's latest milestones and what's still left to achieve

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Onguard announces changes to Management Team

Onguard

New structure underlines a customer-centric approach for 2024 Credit management software specialist Onguard announces changes to its Management Team from 1 January 2024. As such, Onguard is adding a Finance Director and a People & Culture Director, and a redistribution of portfolios is taking place to become even more of a customer-centric organisation.

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2023 European High-Yield Bonds Wrap: Aggressive Terms Swamped by Wave of Refinancings but Overall Covenant Capacities Increase

Reorg Blog

The post 2023 European High-Yield Bonds Wrap: Aggressive Terms Swamped by Wave of Refinancings but Overall Covenant Capacities Increase appeared first on Reorg.

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