Sat.Nov 12, 2022 - Fri.Nov 18, 2022

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Protect Your Cash Flow

Your Virtual Credit Manager

Photo by Markus Spiske on Unsplash Payment Terms define when a customer is supposed to pay your invoice for the products and/or services you provided, at your expense, using your cash. The “norm” is 30 days from invoice date, but there are many exceptions. Many customers will try to extend your terms to 45 or 60 days or more. Outside the USA, and in the … Read more.

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How to onboard your accounting firm and clients to Plooto

Plooto

Thank you for choosing Plooto for your AP/AR automation needs. Plooto’s payment processing features have helped many accounting firms like yours automate their payment processing , cut costs, and save time for themselves and their clients.

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7 Tips for Filing Small Business Taxes for the First Time

Beyond Capital Blog

Filing your small business taxes for the first time? Use this guide to navigate the process and maximize your refund. The post 7 Tips for Filing Small Business Taxes for the First Time appeared first on Fast Capital 360.

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7 Ways to Speed Up and Automate Accounts Receivable Communications

Lockstep

In today’s fast-paced, competitive business environment, it’s more important than ever to optimize your accounts receivable (AR) processes. One way to do this is by leveraging automated customer communications as part of your broader accounts receivable automation strategy. Automated communications can help you speed up the collections process and connect with more customers faster.

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Looking to Improve Productivity and Efficiency? Automate.

Accounting Department

For many businesses, sudden bursts of growth may sometimes come at times that business owners least expect. Companies can go from small offices to corporate buildings and small commercial buildings to giant warehouses, but being prepared to do so is what makes the difference between growing and growing pains.

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Can revenue cycle automation help you find hidden coverage?

Waystar

Revenue cycle automation is a hot topic in healthcare for good reason: Costs are at an all-time high. Patients and providers in the U.S. spend double what they do in comparable countries on care — nearly $12,000 per person to other countries’ $5,700. It’s a problem that’s likely to worsen for providers in the next few years. As the shifting payer mix puts more revenue at risk, rising costs put a financial burden on patients — and that burden can lead them to put off, or even avoid , care alt

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Top Tips to Automate Collections on Sage Intacct

Gaviti

Receivables collection is one of the most critical functions of any business, but it can also become one of the most stressful. Companies can reduce many overwhelming and monotonous aspects of collections via automation. Sage Intacct streamlines collections tasks but automation alone is not enough. How companies implement automation also makes a difference.

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Remember These Tips When Outsourcing

Accounting Department

Outsourcing your accounting to a third-party service provider is a great idea for any business owner. However, when searching for the right fit for your company, consider these points so that you choose the best option for you.

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Why You Should Get a Loan For Your Facility

Skogen Capital Lending

You were ready to purchase a building for your company or must move to a bigger location due to growth. There are multiple options available to secure this commercial real estate for you and make the necessary repairs to make it fit your organization. However, owning it outright and paying for it through financing can be a benefit to your organization.

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Your Guide to Small Business Tax Rates

Beyond Capital Blog

The small business income tax rate is an issue that a business owner must address. The choice of corporate entity makes a big difference. The post Your Guide to Small Business Tax Rates appeared first on Fast Capital 360.

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Increasing Buyer Satisfaction in B2B Payments

TreviPay

Recently, we discussed the data gleaned from the newly published B2B Buyers Report: More Payment Options Means More Purchases and “The top 3 B2B Payment Frustrations for SMBs and Enterprises”. . We discovered that buyers are frustrated, and much of this frustration comes from the friction-filled purchasing experience. Buyers cited a lack of B2B payment options, technology troubles and credit card complications as the top 3 setbacks they run into during the online purchasing experience.

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Why Credit Risk Monitoring is Critical for Global Enterprises?

Emagia

The common business risks include credit risk which mainly refers to the risk of the borrowers failing to repay credit or loan that has been extended to them, customers failing to pay the invoices raised against the supply of goods or services, or vendors failing to supply goods or services after having been paid in time. The impact of credit risk gets wider and more complex for global enterprises because of the peculiarities and nuances of each region in terms of its behavior, corporate culture

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Recruitment Backdoor hiring- episode 4

Credit Management Group UK

The 4th instalment in our series of case studies to help recruitment firms get paid for a back door hire. This case study highlights the importance of making your terms known to your customer, so you can demonstrate acceptance by conduct. As previously employed as a Credit Manager by a national recruitment firm and working for many recruitment firms since setting up CMG UK , we have a vast amount of experience in making sure our clients get paid.

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Using a Business Loan to Pay Taxes: Pros, Cons and How to Do It

Beyond Capital Blog

Can you get a loan to pay taxes for your business? And is it a good idea? Learn all about using a business loan to pay taxes. The post Using a Business Loan to Pay Taxes: Pros, Cons and How to Do It appeared first on Fast Capital 360.

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ProHacks: 4 Keys to Revenue Recovery

Professional Credit

ProHacks: 4 Keys to Revenue Recovery. We’ve been in the industry a long time and have narrowed down 4 essentials that most impact recovery— regardless of industry or demographic. We have more insider info about motivating payments, contact us for a free consultation. The post ProHacks: 4 Keys to Revenue Recovery appeared first on Professional.

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Making Tax Digital: How Portal Closure Will Impact Your Business & What Are The Alternatives

Know-It Global

As of November 1st, businesses will no longer be able to access HMRC’s VAT online portal when it comes to filing monthly and quarterly VAT returns the old way. Having successfully set the ball rolling in the Making Tax Digital (MTD) initiative, with 1.8 million businesses utilising the service – everything is about to change. Preparation is key and business owners must pivot quickly to ensure they are not left behind during this time of transition.

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What are the key elements of B2B Customer Payment Portal?

Emagia

There’s nothing quite like the satisfaction of a job well done. But when it comes to business-to-business (B2B) digital payments, that satisfaction can quickly turn to frustration if the process isn’t streamlined and efficient on your B2B customer payment portal. The good news is, there are a few key elements that can make all the difference when it comes to creating a customer payment portal that’s both user-friendly and effective.

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Small Business Tax Planning: 9 Year-End Tips to Save Money

Beyond Capital Blog

Small business tax planning is more important than ever this year because of COVID-19. Here are our 10 top tax tips for 2020. The post Small Business Tax Planning: 9 Year-End Tips to Save Money appeared first on Fast Capital 360.

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Amazon Lending Review: Should Sellers Take Loans From Amazon?

tillful

Are you an Amazon seller looking for a loan to help you grow your e-commerce business? You may have noticed a little notification pop up on your Amazon seller dashboard informing you that you qualify for financing. On the other hand, you may have just heard rumors about Amazon loans. Either way, the big question is—is Amazon Lending a good idea for sellers?

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“Too good to be true”

Cpcmcredit Blog

A well known quote which relates to so much in finance and not just crypto and Ponzi schemes. As we are seeing right now, its a quote that simply doesn’t date. Economists can be very quotable and one of my favourites is Keynes “when the facts change, I change my mind. What do you do sir?” That is a quote that might be regularly applied in this current volatile world we inhabit.

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Tips on Saving Money During the Holidays

Credit Absolute

While the holidays can bring bounds of merriment and joy, one pastime should be avoided at all costs – that is overspending on travels, holiday parties, decorations, and gifts. In fact, a poll by Consumer Reports states that 29% of people are worried about getting into debt this season, while 1 in 4 Americans end […]. The post Tips on Saving Money During the Holidays appeared first on Credit Absolute.

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Prosper Performance Update – October 2022:

Prosper

Today we are sharing performance data from the Prosper Portfolio for October 2022. Highlights from the Prosper Performance Update – October 2022: Dollar % of AA-B rated loan originations in October comprised approximately 63% of total loan originations, representing a 102 bps increase month-over-month. Average Loan Size in October increased moderately to $13,335, representing a 5.5% increase month-over-month.

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5 Best Fleet Fuel Cards of 2022

tillful

As costs continue to rise for almost everything, many business owners are looking for new ways to save. One option, if your business purchases fuel regularly, is to start using business gas cards. While a no-brainer for truckers and other kinds of fleet owners, they can also help various other small businesses to lower their fuel expenses. But, where can you find the best fleet fuel cards of 2022?

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Another lender ditches invoice financing

Cpcmcredit Blog

Unfortunately I cannot say who they are just in case the rumours are untrue but I gather that the redundancies have already taken place. To give a clue, they are certainly at the premium end of the market and insiders there told me that they were writing virtually no business anyway. The lender had a reputation as a very difficult place to work and the turnover of staff was pretty clear evidence of that.

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Business use NFTs unknown territory for finance officers

Onguard

Only 12% of organisations have discussed the business use of NFTs. Amsterdam, 15 November 2022 – Only 40% of finance officers are familiar with the business use of non-fungible tokens (NFTs). This is shown from the research report from Visma | Onguard where 580 finance professionals, managers and entrepreneurs were surveyed. The same percentage (40%) had a good knowledge of what NFTs are and how they work prior to the survey.

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How Do Large Enterprises Benefit from Trade Credit Automation?

apruve

Extending trade credit to small and medium-sized businesses (SMBs) can be a smart decision for enterprise organizations that want to increase growth. By helping their SMB customers with cash flow, they enable SMBs to expand, which in turn generates further buying demand, not to mention a loyal customer base. However, managing a high volume of frequent payments manually hasn’t been easy – until trade credit automation platforms emerged in the market.

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Ease into your ERP upgrade

billtrust

Blog Post. Blog Post. Ease into your ERP upgrade. Share with your network: Mail. LinkedIn. Facebook. Twitter. What you’ll learn. Billtrust’s standardized integrations. The best file formatting to use. How Billtrust experts can help you with your ERP upgrade. Upgrading your ERP can be daunting. It’s your company’s most essential digital tool and the basis for specialized tools like the AR automation that Billtrust offers.

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Crypto. Who cares?

Cpcmcredit Blog

It might appear strange to write about about a subject which holds no interest for me but there is a an underlying lesson which, in fairness, I would assume that most sane people fully understand anyway. This weeks Crypto exchange collapse has rightly largely been met with a shrug of the shoulders and little sympathy for the “investors” Why?

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B2B Payments Platforms: How to Choose the Best Option for Your Marketplace, App, or Ecosystem

FundThrough

If you’re a business-to-business (B2B) marketplace, mobile application, or ecosystem looking for a B2B payments platform to complement your business, there are several options out there, each with its pros and cons. So how do you know which one is right for you? We dive deep into specifics below, but first, let’s take a look […]. The post B2B Payments Platforms: How to Choose the Best Option for Your Marketplace, App, or Ecosystem appeared first on FundThrough.

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Why you should turn to automation during a recession

Chaser

The COVID-19 pandemic has left much chaos in its wake, including economic damage. As recently as the summer of 2022, Bloomberg reported that financial experts believed a recession had already begun. Economists are worried about the future of small businesses in the United States because growth has slowed, and inflation is going up. The Misery Indexes (which blend unemployment and inflation rates) gauge the US's financial woes at a shocking 12.2% – quite similar to levels reached when the pandemi

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Dive into the wondrous world of crypto, NFTs and smart contracting

Onguard

The economic world is on edge with several crises sweeping over the Netherlands. The economic downturn this may lead to can have a major impact on companies. They are therefore tempted to apply the financial brakes, as the future seems uncertain. But this is precisely the time to optimise, automate and innovate. Because there are still plenty of innovations that can take the business world to the next level.

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