Gaviti

MAY 30, 2023

Accounts receivable is one of the most critical roles in your business. How well your team handles collections determines whether you have the cash to make payroll, pay taxes, and cover other financial obligations. Your options depend on the size of your business and the volume of invoices.

Credit and Collections 98

Credit and Collections Cybersecurity Bankruptcy 98

Eagle Business Credit

APRIL 12, 2023

Invoice financing is reliable and can help your business grow. Do you sell to commercial customers or have government contracts? Or do you sell to commercial customers? If you sell to commercial customers and give them 30 or 60 days credit, the answer is yes. Does your credit score matter? The answer is yes.

Credit Scoring 98

Credit Scoring Bankruptcy 98

TreviPay

FEBRUARY 6, 2023

Recently, Forrester Principal Analyst Jacob Morgan spoke to a group at B2B Online in Berlin about “The Evolution of B2B Payments and Their Increasing Value as an Anchor of Experience.” The focus was on how businesses can make the payment process efficient and streamlined while taking into account current and future trends.

Transactions 52

Transactions 52

TreviPay

MARCH 20, 2023

Good credit management supports consistent cash flow, smooth payment collections, customer satisfaction, and much else. It matters even more for companies working in the business-to-business (B2B) space. What is B2B credit management? These features also influence B2B credit management , too.

B2B Credit 52

B2B Credit Credit Management Credit and Collections Days Sales Outstanding 52

Due

FEBRUARY 4, 2023

Still, it’s possible to succeed by making old ideas or products better or giving them a new twist. It might seem like a scary number, but if your business followed a set of rules for growth, it could avoid being one of these companies. Follow this 10-step list instead of spinning your wheels and guessing where to start.

Small Businesses 115

Small Businesses 115

Eagle Business Credit

JULY 28, 2023

In a perfect world, you would have a flexible funding option that grows in line with your business growth. If you secure a large order and need more cash on hand to fulfill it, you may scramble for extra cash and look for fast ways to fund your business. Here are your options for getting working capital quickly.

Small Businesses 97

Small Businesses Credit Scoring 97

TreviPay

JANUARY 30, 2023

Before the internet, the typical B2B buying journey would often involve a physical journey. While on a business trip to the US in the early 1930s, he went on a 1200-mile round trip to visit some customers. Sales teams have fewer opportunities to engage with customers face-to-face. What is B2B?

Credit and Collections 52

Credit and Collections Alternative Payment Methods Transactions Credit Management 52

apruve

DECEMBER 16, 2022

Open banking trends are opening up a new era of innovative fintech B2B solutions. Although open banking-enabled tools allow access to financial information without compromising sensitive data, businesses have yet to fully make use of them. Similarly, open banking unlocks more options for business customers. What is Open Banking?

Credit and Collections 52

Credit and Collections Transactions Default Small Businesses 52

Emagia

NOVEMBER 1, 2022

B2B digital payments are becoming more and more popular, as they offer a convenient and efficient way to make payments between businesses. There are a few key elements that make up a good customer payment portal, which we will explore in this article. 5 key elements that make up a good customer payment portal.

Payment Portals 52

Payment Portals Transactions 52

Lendio

JUNE 14, 2023

Facebook marketing, pay-per-click (PPC) advertising, and search engine optimization (SEO) steal the modern marketing spotlight. While an effective email marketing program isn’t quite as simple as logging into your Gmail account and generating sales (wouldn’t that be nice), it’s, fortunately, simpler than most marketing channels.

Small Businesses 98

Small Businesses 98

Fundera

SEPTEMBER 23, 2020

Alibaba is designed to help with product sourcing for B2B sales , and AliExpress for sales directly to consumers. The success of Alibaba led to AliExpress, a B2C solution that mirrored Alibaba’s marketplace but without the need for customers to buy in bulk. What Makes Alibaba Unique. Alibaba vs. AliExpress: Differences.

Transactions 98

Transactions Small Businesses 98

TreviPay

DECEMBER 12, 2022

Like any business processes, dealing with invoices should take as little of your internal resources as possible. While processing an invoice should be quick and efficient, this does not mean you should pay invoices immediately. The whole process often needs the cooperation of colleagues and customers from different departments.

Sales Tax Exemptions 52

Sales Tax Exemptions Transactions 52

ForwardAI

JANUARY 11, 2023

Nick Chandi is the CEO of ForwardAI , which offers easy, versatile business data access and analysis for banks, lenders and fintechs. Launching your own business can be rewarding, but frustrating and scary at the same time, especially with today’s supply chain challenges and inflation. Originally published on Forbes.com.

Small Businesses 52

Small Businesses Bankruptcy Transactions 52

Fundera

MAY 13, 2020

Top B2B Ecommerce Platforms. OpenCart B2B Marketplace. B2B—or business to business—transactions are increasingly happening online too. Creating the best online shopping experience for business clients means making buying simple, fast, and complementary to the unique needs of B2B sales. Magento Commerce.

Small Businesses 52

Small Businesses Transactions 52

MNS Credit Management Group

MAY 28, 2022

The latest modification to Reg F, lenders’ digital-first strategy to engaging with consumers, and the improving economy are all going to make things more difficult for third-party collectors. Changes in customer behaviour and the termination of industry-specific moratoriums are exacerbating the situation.

Debt Collections 52

Debt Collections Collector Credit and Collections Bad Debt 52

Lendio

APRIL 20, 2023

Some people will still pay with cash, but that target audience is slimming down in a big way. Using your bank to process credit card payments might seem like a quick and easy solution, but that convenience may come with hefty fees that cut into your profits. Accepting credit card payment is essential for any business.

Credit Card Payments 52

Credit Card Payments Credit and Collections Transactions Small Businesses 52

NorthOne

MAY 3, 2023

In general, a business issues an invoice to clients or customers to request payment for goods or services rendered. A bill outlines charges a customer or client owes for goods or services. You encounter bills in your everyday life at restaurants, retail stores, salons, and more. Bills vs. invoices: What are the differences?

Transactions 52

Transactions Small Businesses 52

billtrust

OCTOBER 27, 2022

Share with your network: Mail. A quick primer on payment processing The five steps of payment processing grief 10 steps to get paid faster How do you motivate customers to pay? Are you tired of waiting months for your clients to pay you? Are you tired of waiting months for your clients to pay you?

Credit and Collections 52

Credit and Collections Bad Debt Credit Card Payments Transactions 52

Lendio

DECEMBER 14, 2022

Yet it’s also true that, when the right moment arrives, securing the right funding for your startup can be pivotal in getting your business off the starting block and on the path to success. If you’re looking for financing to get your startup off the ground, the good news is that there are numerous ways to get funded.

Credit Scoring 98

Credit Scoring Credit and Collections Credit Reporting Agencies Small Businesses 98

Lendio

FEBRUARY 8, 2023

You already know what Buy Now Pay Later (BNPL) is and so do your customers. A late 2022 report published a report from the Consumer Financial Protection Bureau (CFPB) showed that the number of Buy Now Pay Later loans from 2019 to 2021 increased by 970% from $16.8 What’s the benefit of BNPL for businesses like yours?

Transactions 52

Transactions Default 52

CreditStrong for Business

JULY 26, 2022

One of these funding types is called trade credit, a form of vendor financing that gives customers more time to pay for their orders. When you purchase something from a vendor, you may be given additional time to pay instead of processing your payment upon the point of sale. What Is Trade Credit? How Does It Work?

Bad Debt 52

Bad Debt Credit Scoring Credit Risk 52

FICO Blog

DECEMBER 20, 2022

For every story about real-time payments making it easier for people to send money to others in desperate need, there seems to be a parallel story about scams. Besides, my prognostic abilities aren’t great. Second is my fantasy football draft. As defending champion of my league, I felt good after starting out 2-0 in runaway victories.

Alternative Payment Methods 52

Alternative Payment Methods Credit and Collections Transactions Default 52

FICO Blog

DECEMBER 20, 2022

For every story about real-time payments making it easier for people to send money to others in desperate need, there seems to be a parallel story about scams. New digital payments channels and methods will grow next year, giving new opportunities for fraudsters and scammers. FICO Admin. Tue, 07/02/2019 - 02:45. by TJ Horan.

Alternative Payment Methods 52

Alternative Payment Methods Credit and Collections Transactions Default 52

Fundera

MARCH 30, 2019

If your product is a red door on a wall with thousands of other red doors, what reason do potential customers have to buy your door instead of any other? When you’re surrounded by competitors, a competitive advantage will help you stand out and give customers a reason to say yes. That’s because B2B ecommerce is huge.

Credit and Collections 53

Credit and Collections Transactions Small Businesses 53

Fundera

JANUARY 2, 2020

3D-printed products are attractive to customers because of their novelty, but they can also be great for business because they use less material, waste less, and generally weigh less (and therefore cost less to ship). Customized Earbuds. They stay put, have great sound quality, and they don’t make your ears hurt.

58

58

tillful

DECEMBER 13, 2022

You just have to know what you’re getting into and be willing to keep your nose to the grindstone, just like any small business owner. Dropshipping vs. storing your own inventory. Ecommerce profitability trends: The more you scale, the bigger your margins. That way, you can make a successful business plan from the start.

Small Businesses 52

Small Businesses Cybersecurity Transactions 52

Fundera

JANUARY 14, 2019

Freelance B2B Service Businesses. If you’re determined to start your own business, you probably know at least two things for sure: You want to be your own boss, and you want to make a profit. Each of these business types is growing quickly and can provide you with a good living for yourself and your family.

Small Businesses 92

Small Businesses 92

Fundera

NOVEMBER 26, 2019

You’ll also find ideas that fall within the realm of childcare, others that correspond more to B2B services, and some that suit entrepreneurs who are looking to be on the move with their businesses. Some people venture into entrepreneurship knowing what industry they want to conquer and what type of business they want to start.

Small Businesses 134

Small Businesses Transactions 134

Fundera

JULY 21, 2019

If you think about how much time you spend on your own smartphone, it’s no surprise that ecommerce is rapidly going mobile. If you think about how much time you spend on your own smartphone, it’s no surprise that ecommerce is rapidly going mobile. But did you know that mobile commerce, or m-commerce, is growing at an even faster rate?

Transactions 77

Transactions Small Businesses 77

Fundera

MAY 29, 2018

As a small business owner, you know your business doesn’t pay for goods and services the same way that consumers do. You’re likely accustomed to trade credit, or perhaps what you know as “net terms” on your invoices. It’s not enough to just see net terms on your invoices, though.

Credit and Collections 49

Credit and Collections Small Businesses Transactions 49

Fundera

SEPTEMBER 12, 2020

Whether you’re looking to make connections, generate leads, establish partnerships, or increase brand awareness, LinkedIn’s significant social engagement makes it a unique place for businesses to grow. Here, we’ll break down how to promote your business on LinkedIn, regardless of what your business does.

Small Businesses 87

Small Businesses 87

Fundera

SEPTEMBER 30, 2018

For any B2B business, billing is one of the most significant practices. This is what keeps your cash flowing and your finances healthy. There is a plethora of invoicing practices, and choosing the right one may be overwhelming for your small business. Work on Your Site’s Safety. Automate Your Bookkeeping Efforts.

Transactions 54

Transactions Small Businesses 54

Fundera

JULY 16, 2018

Better question: Is selling to millennials really all that different than promoting your goods to any other generations, markets, or groups? If You’re Selling to Millennials, Know Your Audience. The size of the millennial age gap means that your marketing strategy will depend more on the average age of your current customers.

Small Businesses 73

Small Businesses 73

Fundera

FEBRUARY 8, 2019

It may seem like a jungle out there when you start to examine all the possible places to advertise your business online, but we’re here to guide you through this crowded (and often confusing) space. That’s probably because, if done properly, ads are targeted toward the ideal audience for your business, and that audience is (hopefully!)

Default 100

Default Small Businesses 100

Fundera

DECEMBER 11, 2019

If you’re a B2B company, sending invoices is a crucial part of operating your business. Invoices serve to alert your customers of payments they owe, as well as when it’s due, by what means, and more. . Word makes it simple to create an invoice. Not sure how? Step 1: Select a Word Template. Search for “Invoice”.

Small Businesses 52

Small Businesses 52

Fundera

NOVEMBER 28, 2018

If you’re operating your small business, then you probably have customers who want to pay with contactless payments, vendors who prefer to invoice your business online, and competitors who are moving all of their payment processing onto smart devices. B2B businesses that rely on wires. Payment App for Business.

Transactions 52

Transactions Small Businesses 52

Your Virtual Credit Manager

JUNE 13, 2023

Open Credit Terms dominate the Business-to-Business (B2B) marketplace. The simple reason: business customers expect it and free enterprise encourages it. Photo by Jamie Street on Unsplash There are two types of credit risk that arise from selling on open credit terms: Customers paying beyond terms (past due) reduce your cash flow.

Credit and Collections 26

Credit and Collections Bad Debt Default Credit Risk 26