February, 2025

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Are Your Credit & Collection Policies Aligned with Company Goals?

Your Virtual Credit Manager

At many companies, credit policy is an afterthought. When sales and production goals are set, and then the budget formalized, scant consideration is given to the impact on credit policy. In most companies, sales are given a strong priority over the risk of slow payments and bad debts regardless of gross margins and the resources the credit and collection function can provide to mitigate risk.

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Slovin & Associates Announces Brad A. Council as Managing Partner and Firm Name Change to Slovin & Council, Co. LPA

RMAi Blog

Cincinnati, OH The law firm of Slovin & Associates Co., LPA is proud to announce the promotion of Brad A. Council to managing partner, marking a new chapter in the firms continued success. In recognition of this leadership transition, the firm is also unveiling a new name: Slovin & Council, Co. LPA. Randy T. Slovin, the firms founder and previous managing partner, will remain with the firm as a consultant, offering his expertise and guidance during this next phase of growth.

Law Firms 130
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Egg Prices Rise Again

Due

While the national inflation level is at 2.9%, it certainly doesn’t feel that way for many Americans. In February 2025, egg prices have risen again, but this time, to record breaking highs. Egg Prices Rise Yet Again The price of eggs has increased a whopping 53% year over year in January, which is far beyond the average food price increase, which was just 2.5%.

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Fair debt collection practices act (FDCPA): definition and rules

Chaser

The Fair Debt Collection Practices Act (FDCPA) are the federal collection agency laws that protects consumers from abusive, deceptive, and unfair debt collection practices.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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The evolution of AI & lending: Parallel journeys shaping the future

Abrigo

Banks & credit unions use technology to solve challenges AI today is the result of decades of research and development. In the same way, FIs have consistently leveraged data and technology to solve challenges and serve communities better. This article covers these key topics: The evolution of AI Lending: A legacy of data-driven innovation Generative AI in lending: The next frontier Abrigo's approach to AI Parallel journeys of AI, banking technology Artificial intelligence (AI) is often heral

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5 Steps to Protect Your Business from Unexpected Accounting Disruptions

Accounting Department

Managing finances effectively is the backbone of any successful business. Even minor accounting disruptions can snowball into significant financial issues for small to medium-sized business (SMB) owners and entrepreneurs.

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Pollack & Rosen, P.A. & Gateway Portfolio Services Partner with Harvest Strategy Group to Elevate Industry Standards in Debt Recovery

RMAi Blog

Coral Gables, FL February 10, 2025 Following the acquisition of AACANet , Pollack & Rosen, P.A. (P&R) and its sister company, Gateway Portfolio Services, LLC , have entered into a strategic partnership with Harvest Strategy Group, Inc. to deliver more transparent, data-driven, and compliance-focused debt recovery solutions. This collaboration leverages AACANets national network while integrating Harvest Strategy Groups advanced analytics and compliance-driven portfolio management strat

Law Firms 130
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Top Accounts Receivable Strategies for 2025

Gaviti

The world of Accounts Receivable (AR) is evolving rapidly. With increased interest rates and inflation, businesses are facing increasing pressure to collect cash faster. This becomes tricky when businesses also need to maintain excellent customer relationships. For many businesses 2025 calls for leveraging cutting-edge tools and strategies for staying competitive.

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Fed Needs More Confidence in Inflation Before Cutting Rates

Due

Federal Reserve Governor Michelle Bowman issued a statement on Monday February 17th, discussing how she and the fed do not plan on decreasing interest rates again. In order for that to happen, Bowman said, there needs to be greater certainty that inflation will continue to decrease. This stance is likely due to some uncertainty of Donald Trump’s potential policies.

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Improve loan decisioning: 5 ways to serve small businesses better

Abrigo

Are outdated processes impacting your loan decisioning? Community financial institutions have the expertise and local ties to support small businesses, but outdated processes and risk-averse approaches often slow down their loan decisioning. Meanwhile, fintech lenders offer fast approvals, attracting small business borrowers despite high interest rates.

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The End of Another 1099 Season is Here at AccountingDepartment.com!

Accounting Department

It is that time of the year again, tax season. Many businesses dread this time of the year - it's tough. But thankfully, it's not as tough when you have the unrivaled support of AccountingDepartment.com.

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Payro Selects Lendio to Expand Financing Offerings for Small Businesses

Lendio

New partnership with Lendio enables Payro Finance to offer expanded coverage for small businesses seeking financing solutions. Feb 18, 2024, Lehi, UT Lendio, the leading small business lending marketplace, and Payro Finance, a top-rated business finance company serving small and medium-sized businesses, today announced a new partnership to expand Payros financing options.

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2025 Training Magazine APEX Awards

RMAi Blog

11 th Consecutive Year Globally Recognized for Unique Training Programs for Employees Rochester, N.Y. February 18, 2025 – Continental Service Group, LLC d/b/a ConServe, a top-performing provider of accounts receivable management services specializing in customized collections solutions, announces that they have once again earned a spot on Training magazines, 2025 Training APEX Awards.

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GoCardless selects Form3 for Bacs payment connectivity to support scale up of UK operations

GoCardless

Form3 provides scalability and operational resilience as GoCardless volume of UK payment transactions continues to grow

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Understanding the Complex Relationship Between Fed Rates and Mortgages

Due

A significant shift occurred in the mortgage market today, September 19, when the Federal Reserve’s interest rate cut coincided with an unexpected surge in mortgage rates. This event highlighted a common misunderstanding about the relationship between Federal Reserve actions and mortgage rates. The Federal Reserve’s Role in Interest Rates Many people incorrectly assume that the Federal Reserve directly controls mortgage rates.

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Common Reasons Why Your Invoices Go Unpaid

Enterprise Recovery

It can be easy to get frustrated and make assumptions about why your invoices aren't being paid on time. The problem is that your frustration doesn't solve or prevent the situation from happening. After years of recovering delinquent debt for B2B clients, we've identified many reasons behind late or unpaid invoices. Read on to discover the reasons behind unpaid invoices and how to tackle them effectively.

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Andrew Erickson Joins TMC Financing to Support Small Businesses in the Inland Empire

TMC Financing

February 2025 TMC Financing, the nations leading SBA 504 lender, is pleased to announce the addition of Andrew Erickson, Senior Vice President, Business Development Officer, serving the Inland Empire. The post Andrew Erickson Joins TMC Financing to Support Small Businesses in the Inland Empire appeared first on TMC Financing.

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Attend to a Flash Demo of My DSO Manager!

Credit Tools

Want to know more about the most brilliant and innovative Credit Management software ? Including real time advanced features for credit management and collection. Discover how to improve Trade.

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2025 Officers & Directors Elected to Lead Receivables Management Association International

RMAi Blog

Members of Receivables Management Association International (RMAI) elected Officers and Directors to its Board for 2025. Of the ten-member Board, eight are continuing service from the previous year. The 2025 Officers and Directors are: Jon Mazzoli, Resurgent Holdings, Inc., President Amber Russo, Kino Financial Co., LLC, President Elect Brian Williams, Crown Asset Management, LLC, Treasurer Joe Barbito, Orbita Capital Group, LLC, Secretary Brett Soldevila, Security Credit Services, LLC, Past Pre

Law Firms 130
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GoCardless revenues up 38% in FY24, with nearly £40bn processed in payments

GoCardless

Net losses shrink by 55% as management declare clear path to profitability

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How Energy Traders Can Use AI Weather Forecasting to Outpace the Competition

Due

Global energy markets , valued at $24.1 billion in 2024 and projected to grow to $31.2 billion by 2031, have always been influenced by weather. Solar generation depends on clear skies, wind power relies on atmospheric shifts, and extreme eventssuch as hurricanes or blizzardscan cause prices to surge overnight. As demand for renewable energy grows and climate change fuels more frequent extreme weather events, the need for near-instant, hyper-accurate weather intelligence has never been greater.

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What is an accounts receivable aging report?

Chaser

What is AR aging? An accounts receivable aging report summarizes the age of outstanding invoices and provides insights into the collection status of a company's accounts receivable.

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How to Get a Business Line of Credit with a Low Credit Score

Business Credit

Business Line of Credit with Low Credit Score For many small business owners, acquiring a business line of credit is an essential step toward fostering growth and navigating day-to-day operations. However, low credit scores often stand as a discouraging barrier, threatening to sideline the growth of a small business. The good news? Obtaining a business […] The post How to Get a Business Line of Credit with a Low Credit Score appeared first on Business Credit.

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Episode 4: Success stories in Credit Management consulting

Credit Tools

In this fourth episode, Scarlett Favre-Verand shares two remarkable success stories from credit management consulting. These cases demonstrate how a strategic and rigorous approach to credit.

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Optimizing Your Operating Cycle: Strategies to Enhance Accounts Receivable Management

Gaviti

In todays competitive business environment, maintaining a healthy cash flow is critical. One of the most effective ways to achieve this is by optimizing your operating cycle. The operating cycle plays a critical role in the financial stability of any business. In this article, we attempt to explain the connection between the operating cycle and A/R, identifying bottlenecks, and implementing strategies to improve efficiency, you can achieve faster cash flow and enhanced financial performance.

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We can’t send you your invoice because our accountants are so behind with processing direct debits

blue dot counseling

Normally I’m delighted to hear that a business is getting paid by direct debit because DD is the silver bullet of credit control. But when I heard a senior manager in XYZ Limited say this about their invoicing and their accountants, you could have knocked me down with a feather! So, let’s see how they […] The post We can’t send you your invoice because our accountants are so behind with processing direct debits appeared first on Blue Dot Consulting.

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How AudioGO Empowers Small Businesses to Compete Against Big Budgets

Due

Entrepreneurs, business leaders, and marketers have always been on the lookout for the most effective way to get their messages out to the world. Audio advertising has proven powerful, even in an era dominated by visual media. While online streaming and podcasting advertising are great ways to reach niche audiences with targeted messages, they can be expensive.

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LSQ Creates $2.5MM Invoice Finance Facility for Minnesota-based Snack Manufacturer

lsq

ORLANDO, Fla. (February 12, 2024) LSQ, a leading provider of working capital and payments management solutions, recently originated a $2.5 million accounts receivable credit facility for a Minnesota-based producer of snack foods. As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management.

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What is Dispute: Key Challenges and How Emagia Can Assist

Emagia

Managing accounts receivable (AR) is a critical part of maintaining a companys cash flow, but one of the most significant hurdles in AR management is handling disputes. Customer disputes can delay payments, disrupt cash flow, and consume valuable resources. These disputes may arise for several reasons, including billing errors, discrepancies in terms, or service issues.

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Credit Manager: Anatomy of an unusual and digital species

Credit Tools

Illustrated description of the credit manager role in the company, at the center of financial and commercial issues, supporting turnover growth while accelerating customer collections using digital.

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Aryza Group Launches Aryza Control into the Canadian Market

Collenda

Aryza Group Launches Aryza Control into the Canadian Market Aryza , a leading provider of financial SaaS solutions, has announced the launch of Aryza Control , an advanced platform designed to help businesses optimise the management of external collection partners in the Canadian market. Aryza Controls centralised platform offers a comprehensive reporting and benchmarking solution that provides complete visibility into an organisation’s collections portfolio.

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Receivables Management Association International Honors Industry Leaders at Its 2025 Annual Conference

RMAi Blog

February 12, 2025 (Sacramento, CA) The Receivables Management Association International celebrated its 28 th Annual Conference in Las Vegas, February 10-13, 2025. RMAI took the opportunity to present its annual awards as part of its Annual Business Meeting, recognizing leaders in the receivables management industry. RMAIs Annual Conference is the premier event for the industry, with more than 1,500 attendees this year.

Law Firms 130
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Turning a Blog into a Million-Dollar Asset

Due

What would you do if you had $180,000?A few might go shopping, splurging on luxurious items and extravagant vacations. Others may invest in the stock market, bonds or even just park their money in a savings account. But what if there was another option? In particular, one that could potentially offer even better returns? Well, that was my friend Larry Ludwig’s dilemma when he came into a significant sum of money.

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Is It Time for an Accounts Receivable Makeover?

Your Virtual Credit Manager

From a credit management perspective, there is considerable uncertainty about the future as 2025 evolves. Inflation has moderated but remains persistent. Borrowing costs appear stuck at elevated levels with little hope they will decline significantly. The days of easy money are history, while market volatility has increased. Fluctuations in energy and commodity prices exacerbate cost pressures for businesses, impacting profitability and creditworthiness.

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Love and lies: How financial institutions can help prevent confidence scams

Abrigo

The basics of confidence scam detection for banks and credit unions As Valentines Day approaches, many people are eager to find meaningful connections. Unfortunately, scammers take advantage of this time to exploit vulnerable individuals through confidence scams, one of the most prevalent and costly types of fraud in the U.S. Key topics covered in this post: How confidence scams work Red flags of a confidence scam Financial institutions' role in prevention Protecting clients, yourself, and you

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Investment Grade Credit Outlook: Fundamentals in Focus

Loomis Sayles Credit Research

1. US credit markets faced a peculiar juxtaposition during 2024: tight credit spreads coupled with historically high all-in yields. Could this scenario persist in 2025? There is potential for this scenario to persist. And while tight spreads may warrant some caution, they also reflect a more constructive macroeconomic outlook driven by US economic resilience, a healthy corporate landscape and a Federal Reserve (Fed) easing cycle that is now underway.

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