Sat.Jan 07, 2023 - Fri.Jan 13, 2023

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The Innovation of SAP in the Healthcare Industry

SAP Credit Management

The Innovation of SAP in the Healthcare Industry. Healthcare delivery is increasingly becoming more organized, patient-centered, and dependent on collaborative efforts. Healthcare organizations are emphasizing cost-cutting strategies and technology to expand their operations and gather and utilize financial and clinical data to improve performance and quality. .

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Frontline Asset Strategies Donates To Toys For Tots

RMAi Blog

ROSEVILLE, MN – Frontline Asset Strategies exists not just in our offices but in our communities. That’s why we actively support local charities and participate in events that create positive change in our neighborhoods, our cities, and the global community around us. This year, as Frontline does every year, we donated to our favorite charitable organization— Marine Toys for Tots.

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Eliminate These Four Barriers to Payment

Your Virtual Credit Manager

Photo by Patrick Hendry on Unsplash Although defaults resulting in significant bad debt losses are a rare event for trade creditors, much of the focus of AR Management is on credit risk. Prioritizing risk analysis over collection capabilities makes sense if you are a financing a loan, but trade credit is less of a loan and more of a sales facilitator.

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Do You Need to Pay Tax on Your Side Hustle Or Gig? - IncFile

incfile

Hey, side hustler! We see you — hustling every day to make ends meet, saving up for that dream vacation, paying off your debts or simply unleashing your creativity. You’re working hard. As a side hustler, you might think taxes aren’t applicable to you. But, taxes are a way of life and your side gig, whether it’s as a Lyft driver or IKEA furniture assembler, can have a direct impact on how much you owe.

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Retail Finance Transformation in an SAP S/4HANA Platform Strategy

SAP Credit Management

General Retail Industry Trends. The retail industry is driven by huge transformation trends in global and local supply chains and their disruption due to the pandemic, geopolitical instability, and other environmental factors such as inflation, climate disruptions, labor shortage and emerging trade barriers. This meta-trend is combined with an ever-increasing shift to e-commerce channels and digital logistics with major wholesale suppliers and customers who, in many cases, have substantial marke

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Zenarate Simulation Training Named High Performer in G2 2023 Report

RMAi Blog

Zenarate AI Coach develops confident top-performing agents through AI Simulation Training. PALO ALTO, Calif. and DENVER, January 11, 2023 /PRNewswire/ — Zenarate, the leading Simulation Training solution, today announced AI Coach continues to lead contact center Simulation Training with seven badges in the G2 2023 report. G2 is the world’s largest and most trusted software review marketplace.

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How Dynamic Cash Flow Planning Can Be a Game Changer for CFOs

Gaviti

CFO turnover rates are at an all-time high as financial professionals grapple with unprecedented economic realities. The current global economy requires dynamic cash flow planning, but not all CFOs have the skills or talents to rise to the occasion. The good news is that all financial professionals can learn how to prepare a company to masterfully handle economic uncertainty.

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2023 Supply Chain Predictions: Resiliency, Sustainability And Visibility Set New Expectations

SAP Credit Management

“Making predictions are hard, especially when they are about the future.” That quote, or similar ones have been attributed to numerous people including Niels Bohr, Sam Goldwyn, Robert Storm Petersen, and Yogi Berra. So, to make some forward looking predictions this year, I decided to reach out to some of my friends in the industry to get their point of views.

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Action Collection Agencies, Inc. appoints Candice E. O’Brien as Executive Vice President/Chief Operations Officer

RMAi Blog

Middleboro, MA, January 9, 2023 – Action Collection Agencies, Inc. (ACA) in Middleboro, MA has appointed Candice E. O’Brien as its Executive Vice President/Chief Operations Officer overseeing the operations of its first and third party collections services. “I have known Candice as an industry colleague and formidable competitor for well over two decades,” said Jay E.

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Days sales outstanding: effectively managing DSO improves cash flow

TreviPay

In today’s unprecedented — and unpredictable — economic landscape, companies of all types must manage their cash flow. Effective cash flow management gives companies much more control over their business and its overall health. Not only does cash flow management allow them to pay off debts and reinvest in the business, but it also provides a buffer during times of economic uncertainty or hardships.

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Top 7 Cities for Airbnb Investment | Incfile

incfile

Before starting your Airbnb business , you first need to find the right property to rent. To help budding real estate moguls find the best city to invest in, we conducted a study of the 100 most populated cities in the nation, looking at their average occupancy rates, monthly revenue, cost of living, and several other factors. Curious to see which cities made the cut?

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Esteja preparado para o RISE with SAP Private Cloud Edition

SAP Credit Management

Olá, Neste blog trarei algumas dicas e tópicos de como estar preparado para o RISE with SAP com ‘ S/4HANA Cloud, private edition ’. Estratégia Multinuvem. O RISE with SAP faz parte da estratégia multinuvem, onde várias soluções SAP de suas nuvens estão embaixo do mesmo contrato e são utilizados pelo cliente de maneira integrada, afim de realizar os respectivos processos de negócio.

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Huntington Debt Holding Supports The SPCA Serving Erie County

RMAi Blog

BUFFALO, NY – Huntington Debt Holding, a nationally licensed receivables management firm located in Buffalo, NY, recently donated to the SPCA Serving Erie County , the second-oldest humane society in the country. Huntington’s corporate values of integrity, security, and trustworthiness start with our unwavering dedication to our community, employees in the community, and the families that we help serve.

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LSQ and Calculum Partner to Leverage Advanced Analytics in Supply Chain Finance

lsq

New partnership will help improve liquidity and build resilient, sustainable, and diverse supply chains using artificial intelligence and trade finance solutions. MIAMI and ORLANDO, Fla. (January 10, 2023) – LSQ , a leading provider of working capital finance and payments solutions, and Calculum , an industry leader in financial artificial intelligence (AI) and data-analytics services, today announced an agreement to collaborate and combine LSQ working capital and Supply Chain Finance solu

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What Will Happen to My Business Loan’s Interest Rate During a Recession?

biz2credit

You may be familiar with the concept of quantitative easing – the fancy term for central banks like the U.S. Federal Reserve cutting interest rates. Interest rates have a tendency to decrease during a recession because central banks in many nations cut rates in an attempt to stimulate lending and economic expansion. Lower rates incentivize … Continue reading "What Will Happen to My Business Loan’s Interest Rate During a Recession?".

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A Social Media Mashup with Visual Cloud Functions

SAP Credit Management

Last month, Sergio Geurrero started our Build Bros series of SAP Build example apps with an app that uploads files and integrates with AWS. Now it’s my turn. Here’s an example of using the new SAP Build Apps backend feature (aka, Visual Cloud Functions) to create a social media mashup with your SAP business data. Using the Northwind OData service , I’ll let users rate products and then have a chat around a specific product.

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P&B Capital Group Donates to Therapeutic Jiu-Jitsu Training for Disabled Veterans

RMAi Blog

WEST SENECA, NY – P&B Capital Group LLC was honored to make a financial contribution this holiday season to the We Defy Foundation , a 501(c)3 organization providing combat veterans coping with military-connected disabilities a means to overcome challenges through Brazilian Jiu-Jitsu and fitness training. “ Veteran care is important to us at P&B, as is personal fitness training.

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Can Incfile File My Taxes for Me? All About Our Business Tax Service

incfile

Small business owners have an endless to-do list, and one task that keeps cropping up is staying on top of your business taxes. Whether it’s calculating how much you and your business owe, gathering financial information, filling out all the correct forms, or filing with the IRS and your state, it’s a lot to keep track of.

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How to Improve Task Prioritization for A/R Collections Teams

Gaviti

Task prioritization takes different forms across various industries. In accounts receivables, it most commonly manifests as account prioritization. This refers to organizing and categorizing customer accounts according to their creditworthiness and likelihood of payment. It adds an extra step to credit extension and A/R processes, but it saves organizations time they would otherwise spend hunting payments for invoices.

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Alternative to BDC for Transactions F-30 or FB05 in RAP/Fiori Apps for Posting with Clearing

SAP Credit Management

Hello Experts, Posting the documents with Clearing open items and doing the transfer postings is a very common requirements in most of the SAP implementation FICO based projects. Clearing can done in multiple ways. G/L posting with clearing. Customer – Customer Posting with clearing. Vendor- vendor Posting with Clearing. Till today for the custom based requirements we are using either BDC on the transactions F-30 or FB05 with Transfer posting with clearing options or using the below three

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What You Need to Include in a Small Business Invoice

Eagle Business Credit

When it comes to running a small business, you probably don’t think of invoices as the most important part. Small business invoicing is the key to getting paid for your work, and you need to include several components when making a small business invoice. Each of these components is essential in avoiding any opportunity for confusion or error in your customer’s payment.

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What You Should Know About Equipment Leasing

Skogen Capital Lending

No matter what industry your company is in, you will find that you need equipment. Whether you need basic computers or manufacturing machinery, these assets can be expensive and a drain on your cash flows. Therefore, you may consider equipment leasing. These are a few things you should know. The Disadvantages. As with any lease, you do not gain ownership of the equipment you lease.

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48 Ecommerce Statistics to Know This Year

Beyond Capital Blog

Don’t miss the year’s top ecommerce statistics. Find out what you need to know to maximize your online sales in 2023. The post 48 Ecommerce Statistics to Know This Year appeared first on Fast Capital 360.

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Discover the SAP Cloud ALM Analytics API

SAP Credit Management

To learn about and experiment with the SAP Cloud ALM Analytics API , you can check out this Postman Collection. You just need to retrieve your apiKey from SAP API Business Hub to try the OData and REST interfaces with the Postman client. Another way to discover the interface with the mouse is to use the SAP ALM Plug-in for Grafana with a data source pointing to the SAP API Business Hub Sandbox.

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Accounts Receivable Factoring Might Be a Good Option for You

Lendio

Factoring has been around for a long time. It’s how the early explorers financed their travels to the new world and how ancient civilizations funded their caravan expeditions into the Far East. It’s one of the oldest financing methods available. What’s more, in some industries, it’s still the financing vehicle of choice. What Is AR Factoring? In its truest form, factoring isn’t really a loan as much as it is the sale of an asset.

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The Super Bowl and human trafficking: how financial institutions can help

Abrigo

Large sporting events like the Super Bowl exacerbate human trafficking Financial institutions may see increased signs of human trafficking during the upcoming Super Bowl. Know the red flags to watch for. . You might like this upcoming webinar, " Human trafficking awareness: Detecting, reporting, and partnering for survivors." Register now. Takeaway 1 A consistent spike in reported incidents around January and February points to the Super Bowl as a hot spot for human trafficking.

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6 Risky Clients that May Not Pay On Time

Enterprise Recovery

As a business that works with other businesses, the expectation is that they'll pay for the goods and services you're providing. Unfortunately, delinquency and debt in business relationships is a very real, all-to-common problem. If you pay attention, there are glaring red flags that could provide clues that some clients could be problematic. Here are six types of risky B2B client behaviors that might indicate they won't pay on time.

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Distributed Execution of Automated Tests – Part 2 (SolMan SPS14 & Tricentis)

SAP Credit Management

BACKGROUND. Multiple features related to automated test integration have been introduced by SAP Solution Manager 7.2 SPS14 release, including the ability to synchronise execution status of SAP Solution Manager test packages, with the results of automated tests triggered by SAP Enterprise Continuous Testing by Tricentis (ECT). This was described my previous blog post.

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Startup Funding: How to Get it for Your Business

Lendio

For business owners and entrepreneurs with a large amount of savings, the main obstacle to starting a business is often coming up with a viable idea. Yet many aspiring entrepreneurs have a different problem—the idea is there, but the capital isn’t. Startup funding or startup capital is something that every new business needs to get off the ground. As an entrepreneur, however, the challenge is figuring out where to find the startup funding you need to launch your new business.

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Save Time and Increase Cash Flow with Invoice Automation

Accounting Department

With every invoice a company receives, there is an associated cost that comes along with it. The cost of reviewing, processing, and paying the invoice. Now while this particular cost may not be all monetary, there is a cost that comes with the substantial amount of time it takes to handle such a task.

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25 Household Expenses You Can Cut

Due

Owning a home is a great goal to have. However, once you have ownership — there are some easy-to-miss expenses that you no longer want to afford. These are fees that may be costing you more than you think. Here are 30 household expenses you can cut. Cable or satellite TV subscriptions. The whole world is watching everything through subscriptions, but consider canceling your cable or satellite TV subscription and switching to streaming services like Netflix, Hulu, or Amazon Prime.