Credit Management Group UK

OCTOBER 4, 2023

Having an effective credit control function will hugely impact growth for any business. Many business expend a lot of energy into ensuring their sales function is in excellent shape but fail to recognise the importance the credit control has. Here are some of our tips for ensuring your business’ credit control is effective: Identify poor payers As you chase for payment on a regular basis, you will gain a better understanding of what kind of payer each customer is.

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Credit and Collections Credit Management 79

RevCycle

OCTOBER 4, 2023

Dignity and respect are two important concepts that are often confused with each other. However, there is a subtle but important difference between the two. Dignity is the inherent worth and value of a person. It is something that we all have, regardless of our circumstances or actions. Dignity is not something that can be earned or taken away. Respect is the act of showing esteem or deference for someone.

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Your Virtual Credit Manager

OCTOBER 3, 2023

The typical course of action on managing bad debt loss is to identify, then focus credit and collection activities on individual customers who are financially weak. These customers pose the highest risk of bad debt loss. This is a classic approach and when executed properly, it can enable a company to satisfactorily manage their credit risk. It should also facilitate maximizing revenue from customers with a higher degree of credit risk.

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

Due

OCTOBER 3, 2023

For most business owners, there will come a time when they must decide whether they want to sell their company. If the answer is yes, a significant portion of their financial and professional future will suddenly hinge on an undertaking they’ll be doing for the very first time. And let’s be honest, there are few things in life we get right the first time.

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Transactions 116

Loomis Sayles Credit Research

OCTOBER 5, 2023

Affordability has been stretched thin across the United States as inflation, rising rates and limited housing stock have driven residential property values out of the price ranges of many buyers. According to data from the Zillow Home Value Index, home values in popular migrant destinations like Arizona, Nevada and Texas have increased 40-55% since 2020.

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Waystar

OCTOBER 4, 2023

[Note: This post was originally published in January 2021 but was updated in October 2023] Prior authorization. Pre-authorization. Precertification. Prior approval. Prior review. All of these names, though slightly different, refer to the same thing: prior authorization. What is prior authorization? Prior authorization is the process by which healthcare providers must request confirmation that an insurance provider will cover a prescribed medication, service, or treatment for a patient.

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Insurance Companies Transactions 105

Due

OCTOBER 2, 2023

Before the rise of the advanced technologies that many companies use today, traditional quality assurance practices required products and services to be evaluated manually. They evaluated key factors, such as workflow development, process improvements, and revenue generation. The American Society for Quality (ASQ) tells us that in late 13th-century medieval Europe, artisans formed guilds (or unions) that managed the development of stringent guidelines regarding the quality of products and servic

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Credit and Collections 115

Accounting Department

OCTOBER 3, 2023

Budgeting is crucial for any business that wants to succeed in the long term. As a business owner or CFO for a small to medium-sized business, you may have experienced the challenges of creating and implementing a budget.

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Small Businesses 94

Emagia

OCTOBER 6, 2023

As businesses aim for better efficiency and productivity in today’s highly competitive and volatile markets, innovative technologies like Generative AI (GenAI) are becoming crucial tools for businesses to achieve success and growth. GenAI-enabled products help companies harness the potential of AI models to embrace advanced levels of creativity, productivity, and problem-solving capabilities.

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Order to Cash 64

Reorg Blog

OCTOBER 3, 2023

The post Accell Inventories Swell to €1B as Over-Ordering Creates Unsold Bike Glut; Sponsor KKR Provides Up to €100M Shareholder Loan to Plug Liquidity Gap appeared first on Reorg.

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Due

OCTOBER 4, 2023

In a world where working hard for your money has become the norm, it’s time to flip the script and let your money start working hard for you. Achieving financial freedom is not a far-fetched dream but a tangible reality. It’s not just about getting rich; it’s about creating a prosperous life. This notion of having one’s money working overtime is slowly gaining traction.

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Small Businesses 111

Accounting Department

OCTOBER 5, 2023

Our second Entrepreneurs' Organization (EO) event of the year, EO XCentric, took place in Detroit this week and ADC's Shawn Marcum, fresh off of EO Alchemy, set out to rock Detroit and spend some time with all of the great event attendees.

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Chaser

OCTOBER 3, 2023

Are you ready to take your accounting practice to new heights? The Xero UK Roadshow 2023 is just around the corner, offering a unique opportunity to immerse yourself in a world of accounting innovation and success. Chaser will be among the innovative Xero apps showcased at this event taking place in various locations across the UK. Find out more about the roadshow and why you should meet Chaser there in this blog.

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TMC Financing

OCTOBER 4, 2023

TMC Financing Assisted 461 Small Businesses, Securing Over $1.7 Billion in Total Financing for Fiscal Year 2023 For the third consecutive year, TMC Financing is the No. 1 U.S. Small. The post TMC Financing Named Nation’s #1 SBA 504 Lender for 3 Years Running appeared first on TMC Financing.

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Small Businesses 59

Due

OCTOBER 4, 2023

Prospective homeowners often ponder the size of the house they can afford , and navigating the process of buying a new home may be overwhelming. To alleviate stress, it is essential to utilize resources such as mortgage calculators and stay knowledgeable about different facets of the home-buying journey. The Importance of Understanding Home Affordability By thoroughly understanding factors that influence your budget, such as interest rates, down payments , and location-specific pricing, potentia

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Credit Scoring 64

Reorg Blog

OCTOBER 3, 2023

The post Legal Analysis: Hong Kong Court Stays Arbitration Claim, Proceedings Against China Evergrande Pending Winding Up Petition Resolution; Ensures Equal Creditor Treatment, Avoids Undermining Administration of Assets appeared first on Reorg.

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Business Credit

OCTOBER 5, 2023

Business Loans for Small Business Is your business in need of a loan or line of credit? In today’s post we’ll discuss business loans for small business owners and how to apply. First, let’s discuss how a business loan or line of credit can benefit your company. You can use a loan or line of […] The post Business Loans for Small Business – Soft Pull and Fast Funding appeared first on Business Credit.

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Small Businesses 53

Inc. Authority

OCTOBER 3, 2023

There is no excerpt because this is a protected post. The post Protected: How to Create a Florida LLC: A Step-by-Step Do It Yourself (DIY) Guide appeared first on Inc Authority.

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Due

OCTOBER 3, 2023

Imagine if you could access a universal formula for entrepreneurial success and personal prosperity and map out your path to success. I’m David Meltzer, a renowned $100 million CEO and entrepreneur, has distilled my experiences into seven crucial lessons that I believe are universally applicable. My insights aren’t merely suggestions for financial success; they are comprehensive guides to a fulfilling professional and personal life.

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Reorg Blog

OCTOBER 2, 2023

GLP Pte Ltd held an earnings call today, Sep. 29 attended by Reorg. The call was led by GLP’s CFO, Nicholas Johnson and other senior executives from the company.

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Chaser

OCTOBER 6, 2023

Credit control is the process of managing a company's outstanding debts and ensuring that customers pay their invoices on time. While it may seem straightforward, credit control can often present challenges for businesses of all sizes. Keeping cash flow steady and minimising debt are key priorities for any business, and effective credit control is crucial in achieving these goals.

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Serrala

OCTOBER 4, 2023

Monex Serrala FX Payments christiane.hoe… Wed, 10/04/2023 - 22:37 Unlock FX Savings and Boost Cash Flow Today! Today, cross-border payments are a hassle for many enterprises with international business partners. Expensive, slow and non-transparent. We understand the complexities and challenges that businesses encounter in the world of cross-border payments.

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Due

OCTOBER 2, 2023

The preferred inflation indicator of the Federal Reserve, the personal consumption expenditures (PCE) price index minus food and energy, showed a smaller than expected rise in August according to CNBC. The index increased by 0.1%, below the 0.2% forecast by the Dow Jones consensus of economists. Over a 12-month period, the core PCE experienced a 3.9% growth, meeting expectations, and showing the lowest monthly increase since November 2020.

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Reorg Blog

OCTOBER 6, 2023

Guam Gov. Lourdes Leon Guerrero is concerned that Guam’s fiscal year 2024 budget, contains provisions that run counter to sound fiscal policy and could undermine the U.S. territory’s standing in the municipal bond market.

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Chaser

OCTOBER 5, 2023

Over the past decade, both Fintechs and AI (Artificial Intelligence) have evolved from disruptive buzzwords to crucial components of the financial industry. With the promise of increased efficiency, improved customer experiences, and reduced costs, fintech companies have readily adopted AI technologies in their operations.

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ForwardAI

OCTOBER 3, 2023

Originally published on Forbes. The turbulent waves of the global economy present an enduring test for leaders, pushing them to make sensible investment decisions amidst a sea of uncertainty. Factors such as geopolitical shifts and unanticipated global events can significantly jar financial markets, necessitating a resilient strategy that not only safeguards but also maximizes returns on investments in such unpredictable times.

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Due

OCTOBER 2, 2023

Mortgage rates have reached their highest point in the past 15 years, creating concerns for homebuyers and homeowners alike. While it’s well-known that mortgage rates are closely related to yields on 10-year treasury bonds, there’s more to the story than meets the eye. This article delves into the two key factors driving the recent surge in mortgage rates – one of which may not be quite so obvious.

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Reorg Blog

OCTOBER 6, 2023

Today, Wednesday, Sept. 27, Morgan Stanley priced the $770 mn in AMT, nonrated bonds with a final maturity on July 1, 2057 for the Brightline Florida Passenger Rail Expansion Project.

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Eastern Credit Management Services

OCTOBER 3, 2023

When it comes to debt collection, businesses are faced with a critical decision. Should they handle it in-house or outsource it to a professional debt collection agency like Eastern Credit Management Services (ECMS)? Both options have their merits and drawbacks, and the choice can significantly impact a company’s financial health and resources.

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Debt Collections Third Party Collections Collector Credit and Collections 52

Credit Tools

OCTOBER 3, 2023

September - October are an opportunity to inject new energies into your business. Find out how the implementation of My DSO Manager can digitize customer relations and improve your cash flow.

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DSO 52

Due

OCTOBER 6, 2023

Breaking news (October 6, 2023): Experts discussing the legitimacy of a fat tax on America Across all ages and backgrounds , obesity is one of the most serious public health issues. In fact, approximately 70% of adults in the United States are overweight. Among them, about one-third are obese. What makes obesity such a risk factor? Many chronic diseases exist, including heart disease, stroke, type 2 diabetes, and certain forms of cancer.

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