Your Virtual Credit Manager

FEBRUARY 27, 2024

Internal Friction : Sales teams often blame credit for lost opportunities due to overly strict credit policies, while at the same time credit may blame sales for demanding credit terms for high-risk customers that become bad debts.

Accounts Receivable (AR) 130

Accounts Receivable (AR) Bad Debt Days Sales Outstanding Credit and Collections 130

Emagia

MAY 1, 2024

” Here’s a step-by-step guide on how finance teams can leverage GiaDocs AI for this purpose: Integration with NetSuite : Ensure GiaDocs AI is properly integrated with NetSuite. .” Training and Support : Provide adequate training for the finance team on how to use GiaDocs AI effectively.

Invoice Amount 52

Invoice Amount Transactions 52

Team Financial Group

AUGUST 2, 2023

Facing rejection from a bank for equipment financing can be disheartening and frustrating, especially when you have a solid business plan and a clear vision for your company’s growth. At Team Financial, we recognize the challenges that business owners like you encounter when seeking traditional lending options.

Transactions 98

Transactions 98

SAP Credit Management

AUGUST 3, 2023

In this blog post I’d like to outline the innovations for SAP S/4HANA Cloud 2308 in the area of Professional Services. Here we have the billing profile for intercompany billing to replace the intercompany dynamic item processor (DIP) profile.

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Team Financial Group

MAY 8, 2024

With the help of Team Financial, George and Danny Ranville made crucial improvements to their brewing business to move from closure to thriving and are better prepared for unexpected challenges. Bière de Mac’s beginning In 2008, Danny Ranville graduated from Northwood University with a business degree.

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52

Know-It Global

NOVEMBER 9, 2023

We are excited to welcome a new team member ​​​​​and receive a fabulous award! Phil Hobden – Head of Growth and Strategy Know-it are excited to announce the addition of Phil Hobden to head up the Know-it sales team! Read all about October with us and the exciting things that have been going on in the October round up blog!

Debt Collections 105

Debt Collections Credit and Collections 105

SAP Credit Management

SEPTEMBER 6, 2023

In this article I hit on key threats and techniques threat detection and incident response teams who are new to the cloud should be aware of that are unique to public cloud infrastructure-as-service (IaaS) environments. Doing it in the middle of rapid cloud transformation adds additional complexity and need for agility.

Cybersecurity 186

Cybersecurity 186

SAP Credit Management

SEPTEMBER 19, 2023

As part of the conversion process to S/4HANA, the migration monitor (FINS_MIG_STATUS ) is responsible for coordinating the migration of Finance data into the new S/4HANA data model. They should not be viewed as definitive or exhaustive, and the project team should thoroughly review and verify if these recommendations are applicable to them.

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RMAi Blog

MAY 5, 2023

May 5, 2023 (Newswire.com) – Garnet Capital Advisors, a leading broker of loan portfolios, is excited to announce the addition of two new professionals to their team: Lauren Falls and Ernesto Diaz. HARRISON, N.Y.,

Credit Unions 130

Credit Unions Transactions 130

Lendio

APRIL 11, 2024

If you decide to buy them out, how will you finance the acquisition? By acquiring a company, you could double your revenue, customer base, and team overnight. Grow your team. But we’ve also seen other not-so-successful competitor acquisitions like when Sprint bought Nextel or when Google acquired Motorola. Accelerate growth.

Small Businesses 98

Small Businesses Bankruptcy Credit Scoring Transactions 98

SAP Credit Management

SEPTEMBER 14, 2023

Increasingly it is not just these quantified savings and scalability that we find Finance Directors and CFOs speaking to us about but also User Experience, Operational Resilience and Quality Assurance. With so much pre-built content in the SAP store for automation getting started is often simple, quick and inexpensive for the end customer.

Transactions 200

Transactions 200

SAP Credit Management

FEBRUARY 8, 2023

On March 8 and 9, we will let you hear from industry experts, connect 1:1 with others in Financial Services, and meet with SAP’s executive team privately. Transforming the Finance Function at Standard Chartered Bank to be Fit-for-Future. Transforming the Finance Function at Standard Chartered Bank to be Fit-for-Future.

Insurance Companies 149

Insurance Companies 149

SAP Credit Management

SEPTEMBER 7, 2023

Conclusion SAP Data Retention Tool (DART) makes it possible to extract and store data (typically finance and tax related) so that it can be used by auditors or tax authorities at a later point in time. The functionality can be implemented by functional resources with the support from Basis team (for implementing required SAP Notes.)

Transactions 190

Transactions 190

SAP Credit Management

JANUARY 12, 2023

Finance Problem Statement. My team works with multiple Retail customers across the globe to address the tremendous IT challenges our customers face. ERP Capabilities. The new ERP platform must be connected to all satellite applications. Cases for S/4HANA. In the U.S., Sample S/4HANA Architecture (Wholesale Distributor and Retailer).

Shared Service 222

Shared Service 222

SAP Credit Management

AUGUST 14, 2023

Imagine a finance team responsible for preparing complex financial reports regularly. With SAP Build, a non-technical business user within the finance team, can take charge of the automation initiative. Enter SAP Build, a powerful Low-code and no-code (LCNC) platform that enables process automation accessible to everyone.

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Plooto

FEBRUARY 14, 2024

What worked for you and your finance team up to this point may not be enough to manage the complexities that come with continued growth. As a CFO, watching your business evolve and grow is an incredibly rewarding experience, but it also presents new challenges to overcome to keep that growth sustainable in the future.

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Gaviti

APRIL 18, 2023

This blog post will explore various strategies that finance and collections teams can adopt to better handle issues that might arise from these recent unyielding interest rate increases. Ensure that your collections team has the necessary resources and tools to collect outstanding receivables and manage cash flow effectively.

DSO 97

DSO 97

SAP Credit Management

AUGUST 7, 2023

This would mean a person would need to adjust N number of forecast each and every cycle which would not really live up to the vision of autonomous finance. Having an intern that can change all the scenarios every cycle also does not equal autonomous finance if you’re thinking that right now. So what to do?

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lsq

MAY 9, 2024

(May 9, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently announced the creation of a $25 million supply chain finance (SCF) program with a large Kentucky-based specialty energy company serving the metals manufacturing industry globally.

Credit and Collections 52

Credit and Collections 52

SAP Credit Management

SEPTEMBER 22, 2023

If you are still trying to decide whether to attend Spend Connect Live, and the amazing location at one of the most beautiful cities in Europe isn’t enough, I have a list of must-see sessions designed for Finance and Procurement professionals. The countdown is on!

Transactions 133

Transactions 133

SAP Credit Management

JULY 15, 2023

Introduction In this two-part blog series, we dive straight into the technical details of the Central Finance Mapping enablers. As avid followers of this transformative solution, we assume that you are already well-versed in the capabilities and benefits of SAP Central Finance. I will start this blog series from where he concludes.

Default 162

Default Transactions 162

SAP Credit Management

SEPTEMBER 7, 2023

As business complexity and pace of change rises, companies must drive rapid transformation of finance operations, monitor the business, and reduce organizational risk. This blog post will focus on Cloud ERP for finance-led and service-centric companies. Welcome to a new edition of the Cloud ERP Close-Up after a short summer break!

Revenue Recognition 226

Revenue Recognition Order to Cash Invoice Collections Cash Applicator 226

SAP Credit Management

AUGUST 24, 2023

On one hand, we saw a lot of sustainability CSRD legislations going into effect this year which is resulting in a growing focus for sustainability accounting (read this blog on sustainable finance in SAP). I hope that you are inspired now to embark on the journey of Sustainability with your team.

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Onguard

MAY 6, 2024

According to nearly half of finance professionals (45%), AI is the technology with the greatest impact on financial processes. For this survey, 304 CFOs, financial managers, and finance employees were interviewed. For this survey, 304 CFOs, financial managers, and finance employees were interviewed. But are the ready for it?

Cybersecurity 52

Cybersecurity Credit Management 52

Onguard

MAY 6, 2024

According to nearly half of finance professionals (45%), AI is the technology with the greatest impact on financial processes. For this survey, 304 CFOs, financial managers, and finance employees were interviewed. For this survey, 304 CFOs, financial managers, and finance employees were interviewed. But are the ready for it?

Cybersecurity 52

Cybersecurity Credit Management 52

SAP Credit Management

AUGUST 4, 2023

If IT deletes or disables access for someone in the IDP, when this person leaves the organization or changes teams, their agent’s access will be updated automatically. People from Finance should only receive Project B. If an employee joins the Finance department, they should receive Project B​ without any further configuration in SBPA.

Cybersecurity 145

Cybersecurity 145

Due

APRIL 15, 2024

Higher “Fed” interest rates mean small businesses pay more to borrow money, which directly impacts how much of each sale they get to keep for themselves. As a business owner, you indeed wish things could be easier. On the other hand, you also know that great challenges often bring great opportunities. Cash receipts can be trickier.

Small Businesses 84

Small Businesses Bankruptcy Credit and Collections Business Bankruptcy 84

Team Financial Group

JANUARY 5, 2024

Remember, Team Financial Group is more than lenders; we’re your strategic partners in simplifying buying, delighting customers, and realizing your business’s potential. Some core issues you should look out for that can cause customer dissatisfaction and lost sales are delayed decisions, unclear pricing, and complicated financing options.

Transactions 52

Transactions 52

SAP Credit Management

JANUARY 6, 2023

You may even have observed or experienced your own infighting between the Procurement and Finance/Accounts Payable departments. The two teams often operate separately from one another with different processes and even different systems. Did you close that big deal you were hoping for in Q4? Are you ready? Happy New Year.

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SAP Credit Management

SEPTEMBER 15, 2023

Dear Community, Recently SAP Signavio team together with SAP Signavio | Business Process Transformation Value Map brought you two series of SAP Signavio Adoption Starter: Process Insights editions. How to effectively use SAP Signavio Process Insights for getting quick overviews about your business processes?

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Chaser

AUGUST 3, 2023

The Chaser team is excited to be exhibiting at this year's event, which is set to take place on Wednesday, August 23rd, and Thursday, August 24th at the ICC Sydney Xerocon Sydney is an annual conference organised by Xero and stands as one of the major events in the accounting and finance industry in Australia and New Zealand.

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lsq

MARCH 19, 2024

(March 19, 2024) – LSQ, a leading provider of working capital finance and payments solutions, recently originated twin $2 million invoice finance facilities for sister companies serving the electric utility industry. There is no way for us to do this without a tool like this (an LSQ invoice finance facility) in our toolbox.”

Credit and Collections 52

Credit and Collections Bankruptcy 52

SAP Credit Management

AUGUST 11, 2023

They often need to traverse through many systems like HR, finance, and procurement, to get work done. Calling all HR professionals – are you bogged down by manual processes that are taking too much time? Do you feel like your recruiting process could use some improvement? How about your employees’ experience? Register for free!

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Emagia

MAY 8, 2024

“One of the most critical functions in finance, AP depicts money that a company owes to vendors for services or products that it purchased on credit, appearing on the balance sheet as a liability. . For example, normal invoices might go to the usual processing queue, while discrepancies are flagged and sent to a special handling team.

Invoice Amount 52

Invoice Amount Transactions 52

SAP Credit Management

FEBRUARY 9, 2023

Our SAP product team has been delivering new modern experiences, and enhancements in core enterprise resource planning (ERP), to improve Higher Education & Research institutional and staff productivity. Utilize the new ‘Share to Microsoft Teams’ feature in the Share menu for seamless collaboration in Microsoft Teams.

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Emagia

OCTOBER 27, 2023

The increasing use of generative AI (GenAI) – a key technology driving the exponential transformation of finance and business landscapes – is drastically changing the receivable collection tasks, making a greater impact on the cash flow and therefore the health of organizations. This increases the likelihood of timely collection.

Credit and Collections 64

Credit and Collections Cash Applicator Current Receivables 64

Emagia

MAY 15, 2024

Let us delve into the intersection of technology and treasury management processes, illuminating how these innovations, notably the adoption of AI, are pivotal in mitigating risks and managing liquidity in the day-to-day operations of corporate finance.

Default 52

Default Credit Risk Cash Applicator 52