SAP Credit Management

JULY 27, 2023

Welcome to the second blog post of the intelligent ERP blog post series for 2023. See what more is planned with the SAP Collaboration Manager here. The bot first identifies supplier invoices in your SAP S/4HANA Cloud, public edition system that meet criteria specified in an input template file.

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SAP Credit Management

AUGUST 18, 2023

This blog provides an overview of innovations in SAP S/4HANA Cloud 2308 for Supply Chain. First, I want to point out here that the related scope items are now available in the Process Navigator: Advanced Intercompany Sales (5D2) Advanced Intercompany Stock Transfer (5HP) What’s new for Adv.

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SAP Credit Management

AUGUST 14, 2023

What else does internal control do? A few examples: Detecting errors or misconduct , including fraudulent behaviour: by checking invoice payments and customer credit patterns to prevent duplicates or excessive instances. But this is far from being a general rule. But internal control is much more than compliance.

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Small Businesses 154

SAP Credit Management

AUGUST 4, 2023

This blog shares highlights on Solution Order Management in SAP S/4HANA Cloud, public edition 2308. For more information on the SAP S/4HANA Cloud, Public Edition Early Release Series and how to sign up for it, check out this blog post. When you release a solution order, you will be notified about the credit check results.

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Credit Management Transactions 167

Lendio

NOVEMBER 1, 2023

Let’s start with the basics… What is an SBA microloan? These lenders don’t have the resources and staff that larger lenders have, so these loans might not be available in your area. You might consider an SBA microloan if you’re trying to start a business or expand your current small business. How to apply for an SBA microloan.

Small Businesses 97

Small Businesses 97

SAP Credit Management

JULY 28, 2023

Introduction: Enterprise automation is a key driver for organizations aiming to stay ahead in a competitive landscape. It involves identifying and automating business and IT tasks to streamline operations, increase efficiency, and improve business outcomes. I personally am a working student at sap, who rotates every 6months to a new department.

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Shared Service 149

SAP Credit Management

AUGUST 23, 2023

In this blog I’m going to summarize the steps required to start building an App to interact with the SAP Tax and Revenue Management (SAP TRM) on-premise system, leveraging the OData services of the SAP Multichannel Foundation for the Public Sector (SAP MCF). This method supports user propagation to the S/4HANA backend system.

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Transactions 147

SAP Credit Management

JANUARY 25, 2023

SAP S/4HANA Cloud is a cloud-based enterprise resource planning (ERP) system that provides a suite of integrated and end-to-end business applications for various industries, including sales, procurement, manufacturing, transportation, and integration with other cloud systems such as Ariba, DMC, etc.

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Dashboards Order to Cash 150

Credibly

JANUARY 30, 2024

Table of Contents Just what is construction invoice factoring? The steps in factoring construction invoices Why construction companies choose invoice factoring. What can I use invoice factoring for in my construction business? What about construction receivables financing? How does it work?

Invoice Amount 52

Invoice Amount Invoice Collections Small Businesses 52

Grit

APRIL 25, 2024

In this blog post, we’ll explore how BigCommerce Order Messages can revolutionize your B2B communication strategy and drive efficiency across your organization. Sending Order Invoices to Email In addition to order notifications, you can also have your customers’ order invoices automatically forwarded to your email address(es).

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Lendio

DECEMBER 13, 2023

As soon as same business day Invoice factoring Sell your invoices at a discounted rate to get access to expected income faster. Invoice factoring Invoice factoring allows you to get paid faster for your outstanding invoices. Types of fast business loans. As soon as same business day *Varies by lender 1.

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Credit Scoring Credit and Collections Small Businesses 98

Abrigo

MARCH 22, 2023

Understanding trade-based money laundering Addressing the FinCEN priorities in your AML/CFT policy means knowing what steps to take to prevent trade-based money laundering and terrorism funding. Awareness What is trade-based money laundering? Would you like others articles like this in your inbox?

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Credit Card Payments Transactions 78

SAP Credit Management

AUGUST 23, 2023

The Joys of AI and Automation in ERP In previous years’ blog posts, my Product Success colleagues already explored the significance of artificial intelligence (AI) and automation. To learn more about SAP Collaboration Manager read this blog. Cloud ERP: Part of an Alphabet of Opportunity!

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Default Transactions 137

Lendio

NOVEMBER 13, 2023

Completing these orders could be huge for your business—both financially and for your reputation—but you might not have the resources and funds at that stage. What is purchase order financing? Before diving deeper into PO financing, it’s important to consider what this form of funding isn’t. How purchase order financing works.

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Transactions 87

aptic

APRIL 16, 2024

This provides control, but building in-house also requires a lot of time and resources. The result is more likely to be good when a professional does the work, although it is still a resource-intensive project. This makes it a solution that is neither too limiting nor too resource intensive.

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Dashboards Transactions 52

Lendio

OCTOBER 18, 2023

But what exactly is medical factoring? What is medical factoring? Simply put, medical factoring is a financial transaction where a medical practice sells its invoices or accounts receivable to a third party at a discounted rate. When running a medical practice, cash flow is often a top concern. Let’s dive into the details.

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Insurance Companies Credit and Collections Deductions Transactions 52

The Red Spectrum

APRIL 12, 2023

Net 30 vendors are suppliers or vendors that offer businesses the option to pay for their products or services within 30 days of receiving an invoice. Administrative burden: Managing payment terms, invoicing, and collections can be time-consuming and require additional administrative resources.

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Credit Scoring Credit and Collections Credit Risk Credit Management 97

aptic

MARCH 11, 2024

Invoicing is probably the most important and fun thing a business can do. It’s a pleasure to see satisfied customers pay for what you offer, but it can be less fun to administer the billing process itself. In addition, a manual invoicing process can be fraught with risks. Especially if you handle large volumes of invoices.

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Debt Collections Credit and Collections 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. Figure: My Homepage for a Grant & Budget Administrator. for more details.

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Know-It Global

APRIL 19, 2023

These 2,115 businesses were all placed into liquidation due to not being able to pay their creditors for outstanding invoices. These are frightening stats, especially taking into account the £68,413 the average SME is owed in outstanding invoices! The rise of Creditors’ Voluntary Liquidations (CVLs) paints an extremely bleak picture.

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Bad Debt Credit and Collections Credit Risk Credit Management 98

Lendio

MARCH 21, 2024

What is inventory financing? What is inventory financing? This type of financing offers flexibility, as businesses only borrow what they need when they need it, and interest is typically only charged on the amount drawn. Here, we’ll unpack everything small business owners need to know about inventory financing.

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Credit Scoring Credit and Collections Small Businesses Default 52

Lendio

OCTOBER 17, 2023

You should determine how much money you need, what that loan amount will purchase, and how you’ll pay it back. To better grasp your loan options and what your business can afford, you can use a business loan calculator to see how much your payments will be, depending on variables like interest rate, loan terms, and more.

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Credit Scoring Credit Unions Small Businesses Transactions 98

Credibly

FEBRUARY 2, 2024

In this blog, we’ll likewise help you identify your capital options and the most common resources for capital that small businesses like yours rely on. What are the two top sources of financing for small businesses? For small business owners looking for funds, there are a few key options. First, many use their own savings.

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Invoice Amount Credit Scoring Credit and Collections Small Businesses 52

billtrust

NOVEMBER 1, 2022

What you’ll learn. But what are the best strategies for optimizing your accounts receivable to maximize ROI (return on investment)? What are the primary goals of accounts receivable? What are the primary goals of accounts receivable? But what exactly are the primary goals of accounts receivable?

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Accounts Receivable (AR) Bad Debt Days Sales Outstanding DSO 52

NorthOne

MAY 2, 2023

Every time you purchase a product or service for your business, you’ll receive an invoice that must be processed and paid on time to avoid late fees and stay in the black. This is where effective invoice management comes in. Invoice management is receiving, validating, paying, and recording vendor invoices.

Credit Card Payments 52

Credit Card Payments Small Businesses 52

NorthOne

MAY 3, 2023

One essential aspect of managing your finances is invoice processing, whether that is receiving, reviewing, or paying invoices for goods and services your company has received. Analog or patchwork invoice processing can lead to delayed payments, missed opportunities for discounts, and even damage to your company’s reputation.

Small Businesses 52

Small Businesses 52

SAP Credit Management

SEPTEMBER 24, 2023

The primary challenges that executives are planning for in the next 12 months include price volatility, inflation, resource shortages (labour and materials), and geopolitical instability. While bottlenecks may have improved, continuous supply chain volatility is expected. And this likely understates the true risk.

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Onguard

AUGUST 30, 2023

But which parts of risk management are essential in 2023, and what should finance professionals consider? This may lead to the decision to postpone planned investments and instead focus on optimising existing resources. A thorough risk management is indispensable for any finance department.

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Credit Management 52

billtrust

NOVEMBER 14, 2022

What you’ll learn. When you give Billtrust more time to align resources internally, we can make sure there is no disruption to your return on investment in Billtrust products. They can involve multiple Billtrust departments and may require shifting resources and re-prioritizing projects. Ease into your ERP upgrade.

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AR Automation Order to Cash Accounts Receivable (AR) 52

SAP Credit Management

FEBRUARY 3, 2023

INTRODUCTION In this blog, we discuss the challenges that current external disruptions are creating for the chemical and life science industry more than for many other industries. This increase of 50 basis points is already the fifth spike in the interest rate level within just a few months.

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Days Sales Outstanding DSO 140

Know-It Global

NOVEMBER 10, 2022

Given how critical credit control is to all businesses you would be shocked at the amount of companies that either overlook credit management or struggle to find the time and resource required for a watertight credit control process. Time, staff, resources and a lack of understanding are the main causes for this. This is great, right!

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Credit Management Credit and Collections 98

NorthOne

AUGUST 24, 2023

Of these processes, construction invoicing stands out as a crucial yet often overlooked part. In this article, we will explore the concept of construction invoicing, its importance, and the essential steps needed for effective invoicing. We will also provide tips to enhance your invoicing process and common mistakes to avoid.

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Invoice Amount Transactions 52

billtrust

OCTOBER 11, 2022

What you’ll learn. What if there was a way to take the stress out of accounts receivable (AR)? When customers don’t pay their invoices on time, it can throw off your entire cash flow. This will give customers an incentive to pay their invoices as soon as they receive them. Share with your network: Mail.

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Accounts Receivable (AR) AR Automation Credit and Collections Cash Applicator 52

NorthOne

JUNE 27, 2023

With automation, SMBs can leverage technologies like machine learning offered by software to automate tasks such as invoicing, billing, and payroll processing. What is Finance Automation? In the past, financial processes such as invoicing, billing, and payroll processing were time-consuming and prone to errors.

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Small Businesses Bankruptcy Transactions 52

Onguard

APRIL 28, 2023

This creates a 360° view of customers, reducing risks of unpaid invoices and improving predictability of cash flow. We explain that in the blog below. For organisations that send out particularly high-cost invoices, credit insurers offer policies with coverage for unpaid invoices.

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Credit Management DSO Credit and Collections Order to Cash 52

Lendio

DECEMBER 14, 2022

And that key information—the likelihood of repayment—is what a lender really wants to know when you apply for a loan. Yet entrepreneurs with low credit scores or those who prefer to avoid a credit check for other reasons often find the most success with invoice factoring, ACH loans, or business lines of credit. Invoice Factoring.

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Credit Scoring Credit and Collections Credit Reporting Agencies Small Businesses 98

NorthOne

APRIL 27, 2023

What is accounts payable and why is it important? This includes things like credit card bills and pending invoices from vendors and suppliers, as opposed to mortgages and loan repayments that are longer term. Accounts payable is a summary of your company’s short-term debt obligations, and is therefore a credit.

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Small Businesses Transactions 52