Your Virtual Credit Manager

MARCH 5, 2024

Finding the time and resources to accomplish all the collection activities required to do a good job is a constant challenge. Most small companies come up short because when there isn’t a dedicated employee responsible for credit and collections, the owner or CFO have more important things to do. Even when another person has been assigned collection responsibilities, they may also have other responsibilities that get in the way.

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Past Due Invoices Credit and Collections Collector Accounts Receivable (AR) 100

Due

MARCH 8, 2024

Gone are the days when retirement meant just relaxing on a beach or spending endless hours on a golf course. Nowadays, many retirees are looking to contribute positively and find meaning by supporting causes that are dear to them. But of course, maintaining financial security during retirement remains crucial, doesn’t it? This is where Charitable Remainder Trusts (CRTs) come into the picture.

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Deductions 105

Accounting Department

MARCH 7, 2024

Two decades ago, a brilliant CPA joined forces with a daring sales expert, united in their mission to revolutionize how entrepreneurs approached their accounting needs—and thus, AccountingDepartment.com came into existence. While that may be the condensed version passed down in company lore, the reality is far more captivating and undoubtedly inspiring.

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Credit Management Group UK

MARCH 4, 2024

When budding entrepreneurs decide to be the next Mark Zuckerberg, dreaming of creating a vast business empire and billions in sales, the last thing they usually think about is the financial risk to their business and to them personally. Some may find the thought of managing financial risk daunting, but it should be straight forward. Having credit risk processes in place from the outset is ideal, but credit risk management procedures can be implemented at any stage to reduce your exposure to risk

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Credit Risk Bad Debt Credit and Collections Credit Application 93

Abrigo

MARCH 8, 2024

Bank wire fraud is growing and becoming more complex. Here are a few simple things you, as a financial crime professional, can do to slow it down. Would you like other articles like this in your inbox? Takeaway 1 Bank w ire transfer fraud is increasing due to technological advances today. Takeaway 2 Transnational criminal organizations commit b ank wire transfer fraud and use a variety of techniques to make Americans their victims.

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Transactions 78

Due

MARCH 6, 2024

The world of investing is filled with myriad options, each with its own advantages and disadvantages. Exchange-Traded Funds (ETFs) and Mutual Funds are among the most popular investment vehicles. While both offer investors the opportunity to diversify their portfolios, they differ significantly in their structure, cost, and tax implications. This article will delve into the reasons why ETFs are often a more tax-efficient choice than mutual funds, beyond the commonly cited lower expense ratios.

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Transactions 105

Accounting Department

MARCH 8, 2024

We are thrilled to announce that Episode 14 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

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blue dot counseling

MARCH 2, 2024

I'm no Luddite but I don't adopt technology for the sake of it. New tech has to have a practical use. The post AI for accountants – what does it all add up to? appeared first on Blue Dot Consulting.

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Due

MARCH 4, 2024

In the vast, complex world of investment, bonds often get sidelined. Yet, they are one of the most critical tools for any investor. Unlike cash, money markets, and certificates of deposit (CDs), bonds have a unique ability to increase in value during a recession. This characteristic makes them an essential part of any well-diversified portfolio. This article aims to shed light on the importance of bonds, their functioning, and their potential returns, especially during economic downturns.

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Collenda

MARCH 8, 2024

Empowering Voices: Celebrating International Women’s Day with Aryza International Women’s Day is not just a date on the calendar; it’s a global movement that celebrates the achievements of women while highlighting the ongoing fight for gender equality. Every year on March 8th, people around the world come together to recognise the social, economic, cultural, and political contributions of women and to renew their commitment to creating a more inclusive and equitable society.

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Accounting Department

MARCH 6, 2024

Job costing is a vital tool in the small business owner's kit, especially for those operating in the service industry, construction, and manufacturing.

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Small Businesses 87

blue dot counseling

MARCH 7, 2024

If your bookkeeper or accountant doesn't take the time to understand your business then you won't recognise your business in your numbers. The post You can have any expenses you want – so long as they’re Direct Expenses appeared first on Blue Dot Consulting.

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Due

MARCH 7, 2024

The stock market often steals the limelight in the bustling world of investments. Yet, another contender has silently outpaced stocks for the past three decades. It’s not gold, real estate, or bonds. It’s farmland. This asset class has not only averaged an 11% return per year, outperforming stocks, but it has also done so without a down calendar year.

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Chaser

MARCH 6, 2024

Chaser has launched a new integration with Oracle NetSuite. This new integration allows NetSuite users to automate invoice chasing and reduce late payments in an efficient and friendly way.

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TreviPay

MARCH 4, 2024

Beyond the Transaction Ep. 4: The Power of The Network & Changing Customer Preferences in Corporate Travel Join Allen Bonde, TreviPay CMO , as he discusses airline distribution and payments with industry expert Wendy Ward from UATP. In this episode, we explore the dynamic interplay between individual traveler preferences and corporate necessities, unveiling the power of the network in shaping the future of travel.

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Transactions 64

Reorg Blog

MARCH 7, 2024

Sri Lanka is requesting from the District Court for the Southern District of New York a further five-month stay over the $250 million damages suit brought by Hamilton Reserve Bank.

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Due

MARCH 7, 2024

Your gut sinks with that sinking feeling that wakes you up in the middle of the night. You’re completely and utterly broke. Everybody experiences bad luck from time to time – job loss, unexpected bills, or just plain bad luck. You are not the only one, though. Ninety-two percent of your fellow Americans agree with you. What’s more, it is estimated that less than half (45%) of Americans can comfortably live on their current income.

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Credit and Collections 98

biz2credit

MARCH 7, 2024

In this article: Business credit errors — Why should you care? Common business credit errors How to correct business credit errors Access small business financing with Biz2Credit Finding errors in your business credit record can be quite unsettling. You’ve diligently paid off your debts, kept up with timely payments, and managed your tradelines responsibly.

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Small Businesses 59

Credit Absolute

MARCH 7, 2024

The Importance of Good Business Credit As a business owner you are probably now aware of how important it can be to have a good business credit score. Having a low business credit score will impact whether lenders will work with you and can determine whether companies will do business with you. If you do […] The post How To Repair Business Credit appeared first on Credit Absolute.

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Credit Scoring 52

Reorg Blog

MARCH 6, 2024

Aston Martin’s series of fixed-income investor meetings, which could lead to the launch of a notes offering, have reportedly received muted response from investors in light of the slow business turnaround and the group’s punchy cash burn rate in recent years, sources told Reorg.

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StackSource

MARCH 6, 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 delving into why and how CRE spreads are tightening and whether this signifies a comeback for the industry.

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Due

MARCH 5, 2024

Meeting new people, moving away from home, and getting things done at home and school alone are known struggles a college student faces after high school. Indeed, being alone and independent is a double-edged sword that can strengthen or weaken one’s character. Handling finances and supporting oneself without constant help from your parents is another thing.

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Deductions 52

Bectran

MARCH 5, 2024

In the dynamic world of B2B credit management, having a solid credit order hold process is essential for financial stability and success. The CFOs, credit managers, and departments in charge of overseeing credit in industries like manufactured products wholesale, media products distribution, food distribution, construction, and pharmaceuticals face an ever-growing challenge: maintaining the delicate balance between profit generation and risk aversion.

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B2B Credit Credit Management 52

Reorg Blog

MARCH 6, 2024

China Vanke has signed an agreement with state-owned Shenzhen Metro Group the company’s largest shareholder, to sell a certain stake in its long-term rental apartment arm Zhuhai Port Apartment Management Co. Ltd.

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Chaser

MARCH 5, 2024

In business operations' labyrinth, debt negotiation is inevitable. It is crucial in managing financial obligations, especially when dealing with creditors or lenders. Whether you are an individual or a company, negotiating debt can be challenging and requires careful planning and execution. For financial advisors and small business owners, the act of reclaiming what's rightfully yours while retaining goodwill can be likened to a delicate dance, where each step must be carefully orchestrated to a

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Small Businesses 52

Cpcmcredit Blog

MARCH 5, 2024

I think many of you will quickly recognise this rapidly fading brand which was once a genuinely well loved British favourite. The empty shelves and tatty fittings (when were any of this chains branches ever updated?) are not untypical. This photo I took today in Twickenham. Boots are a shambles and a horrible example of a business taken over by faceless investment funds run by clueless overpaid bottom line driven corporate types.

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Gaviti

MARCH 4, 2024

Businesses often rely on cash flow that they haven’t yet received. Net income and sales operate on a delayed schedule, and companies crunch the numbers expecting to settle invoices and get paid sometime in the future. Once an invoice hits accounts receivable (A/R), it enters what’s called the average collection period. Other common names include “days sales in accounts receivable,” “average receivables collection period,” or “ days sales outstanding (DSO).

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DSO Credit and Collections Days Sales Outstanding Credit Sales 52

Reorg Blog

MARCH 6, 2024

Chinese car rental company eHi Car Services Ltd. is in talks to raise onshore and offshore loans with proceeds planned to help repay its outstanding $381.5 million 7.75% due Nov. 14 notes.

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Eastern Credit Management Services

MARCH 4, 2024

In the realm of legal procedures, document serving is a crucial and delicate task. It involves the delivery of legal documents, such as summons, complaints, subpoenas, or court orders, to individuals involved in a legal matter. While the primary goal is to ensure due process and uphold the law, it is equally important to approach document serving with the utmost ethical standards.

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Credit Management 52

Cpcmcredit Blog

MARCH 5, 2024

Credit Control is one of those tasks (like sales or marketing) that everyone seems to think they can do but in fact very few can. In a previous life, I was a credit manager at a number of companies and I did plenty of hiring and training. Finding the ideal credit controller is very difficult I still advise and assist clients but for day to day credit management, I refer to an excellent agency who have proved to be very effective with a number of my clients Why are they effective?

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Credit and Collections Credit Management 52

Gaviti

MARCH 3, 2024

A recent survey from Intelligent Automation reports that while 42% of organizations have embraced robotic process automation (RPA), the remaining 58% plan to implement it in the upcoming year. Many of these organizations focus on implementing RPA in the financial and accounts receivable department, where employees are burdened with repetitive manual tasks.

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DSO Credit and Collections Days Sales Outstanding Cash Applicator 52