PYMNTS

DECEMBER 15, 2020

Retailers were being approached by sales reps, inventory was being managed on white boards and sales were in spreadsheets," Gordon said. The firm takes on the trade credit risk, using data generated as a result of LeafLink Financial sitting in the middle of B2B relationships.

B2B 111

B2B Accounts Payable Startups Invoicing 111

PYMNTS

JUNE 25, 2020

In a recent extension of its accounts receivable and order-to-cash offerings, Esker recently announced the addition of its Credit Management, a tool that allows B2B suppliers to assess customer credit risk and manage current customers who are procuring goods on trade credit.

Invoicing 112

Invoicing Accounts Payable B2B Currencies 112

PYMNTS

OCTOBER 9, 2020

A second offering Bloom launched recently is an Affirm credit product for dentists, which Harris said is still in beta testing. It works by helping dental practices use credit data to better understand how to make credit risk decisions. Addressing Pandemic-Related FICO Concerns.

Compliance 112

Compliance Credit Risk Planning Sales 112

Spreadym

SEPTEMBER 12, 2023

Create a Revenue Forecast: Estimate your expected income sources, including salaries, sales revenue, investment income, grants, or any other sources of revenue. Industry Trends: Industry-specific trends and market conditions can affect pricing strategies, sales forecasts, and overall business strategy.

Budgeting 59

Budgeting Strategic Planning Forecasting Economics 59

Focus CFO

MARCH 3, 2022

Trading partners’ credit risks : Customers and suppliers grapple with the same inflationary pressures and working capital management challenges, which can create a drag on their profitability. Moreover, these issues can impede a customer’s ability to pay and a supplier’s ability to deliver. .

CFO 52

CFO Strategic Planning Communication Credit Risk 52

PYMNTS

SEPTEMBER 26, 2019

The BNPL option is meant to help online businesses grow sales and put more items in baskets, without credit risks to the seller. The purchases won’t affect credit scores. With Sezzle, consumers can divide their purchases into four installments, and pay interest-free for six weeks.

Credit Risk 53

Credit Risk Budgeting Securities Sales 53

PYMNTS

OCTOBER 20, 2016

“We work with third-party banks to underwrite all orders placed on terms so sellers are paid out within 24 hours and take zero credit risk,” said Noble. “We We call it ‘CMaaS’ for Credit Management-as-a-Service.”. We believe Apruve is solving a fundamental problem that will enable more businesses to ride the $1.3

B2B 73

B2B Startups Credit Risk eCommerce 73

PYMNTS

JUNE 1, 2018

According to a statement from ETA, research shows “that, on average, for every $1 lent to small businesses, sales of small business borrowers increased by $2.31, creating $3.79 Advanced technology enables online small business lenders to gather information and assess credit risks quickly to provide critical funding for small businesses.

Credit Risk 41

Credit Risk Economics Sales Finance 41

PYMNTS

JUNE 14, 2019

It was reportedly trying to get a better understanding of credit risks and cutting staff as well. They only see part of the picture if all the data are related to sales on one marketplace,” said Rob Frohwein, co-founder and chief executive of Kabbage, and?“you In 2018, growth was down to 2.6

Credit Risk 53

Credit Risk Finance Sales Marketing 53

PYMNTS

JANUARY 10, 2017

No industry or company is immune from trade credit risk , and the failure of a buyer to pay for the goods or services purchased can have a catastrophic impact on the viability of a supplier.”. Trade Credit Insurance will provide a safety net for supplier to do business with peace of mind,” the executive continued.

Credit Risk 40

Credit Risk B2B Invoicing Sales 40

PYMNTS

FEBRUARY 6, 2019

Walford Trade Risk, a trade credit risk insurance provider, is rolling out a new product designed to help small businesses protect themselves against the risk of non-payment from their corporate customers.

Foreign Exchange 53

Foreign Exchange Invoicing Credit Risk Risk Management 53

PYMNTS

DECEMBER 28, 2020

Buy now, pay later (BNPL) had a big year in the consumer payments world, particularly as shoppers flocked online and gained access to integrated BNPL offerings right at the point of sale. Further, when invoices do go unpaid, technology has the opportunity to support buyers' need to establish a payment plan, and suppliers' need to get paid.

B2B 81

B2B Invoicing B2C Reconciliations 81

PYMNTS

OCTOBER 30, 2018

The average days sales outstanding (DSO) ratio was 44 days in 2018, unchanged from 2017. Credit sales waned a bit this year, at least on the B2B side, as that activity was 37.4 Within that headline number, credit sales were off in Ireland by 7.2 The proportion of past due invoices now stands at 41.8

Invoicing 47

Invoicing B2B Forecasting Credit Risk 47

PYMNTS

MARCH 5, 2019

As much as 24 percent of monthly revenues for SMBs are tied up in accounts receivable or trade credit, which stymies cash flow. Those smaller B2B operators “are not in the best position to be accepting and taking credit risks,” Sebastian Rymarz, chief business officer for Fundbox , told Karen Webster in a recent interview with PYMNTS.

B2C 63

B2C B2B Concentration Credit Risk 63

PYMNTS

OCTOBER 17, 2016

On pace to more than triple its year-over-year loan volume, Affirm will leverage the facility to continue its expansion of consumer-friendly point-of-sale financing at leading online and offline retailers, the company said in a press release.

Credit Risk 51

Credit Risk Risk Management Leverage Finance 51

PYMNTS

DECEMBER 22, 2020

Legal Cannabis Steps Into The World Of Trade Credit. Offering sales to corporate customers on trade credit is an important component of B2B trade. But in the legal cannabis space, a lack of digital payments adoption and bank participation has left marijuana vendors unable to offer trade credit to their retail customers.

Accounts Payable 79

Accounts Payable B2B Invoicing Accounting 79

PYMNTS

JUNE 17, 2020

Keeping the trade engines moving is vital to the recovery of the global economy, but even as deals are struck and sales are made, businesses aren’t guaranteed the cash flow to sustain their operations. The first and most obvious risk is credit risk, or the risk that a business will fail to repay financing.

Invoicing 68

Invoicing Finance B2B Credit Risk 68

PYMNTS

NOVEMBER 15, 2017

Its flexible credit and financing option brings enormous benefit to buyers who want more control over payments and to merchants who want to increase sales and confidence in getting paid.”. The new credit-based payments feature will target PPRO’s PSP customers, giving them access to Klarna’s customer base of 70,000 merchants.

Credit Risk 40

Credit Risk Invoicing eCommerce Retail 40

PYMNTS

MAY 4, 2018

have brought attention to the nation’s plight against late supplier payments, but a new report from Euler Hermes warns this is a global issue — one that is worsening and raising the insolvency risk. Regulators and analysts in the U.K. Euler Hermes warned that average DSO for the world is likely to grow this year too.

Invoicing 43

Invoicing Credit Risk Finance Sales 43

PYMNTS

FEBRUARY 9, 2018

As Brexit dawns, this partnership arrangement will provide our customers the confidence to expand sales to new buyers and markets.”. “We Recent high-profile corporate failures reinforce the need to be increasingly aware of the risks of late or non-payment for goods and services provided on credit.”.

Invoicing 40

Invoicing Risk Analysis Credit Risk Financial Data 40

PYMNTS

MAY 4, 2018

In its email, Amazon Business assured that companies will receive payment no longer than seven days past-due, while the eCommerce conglomerate also assured sellers that it will handle credit risk assessment, billing and collection. Amazon Business introduced a similar program in the U.K.

Invoicing 49

Invoicing B2B Credit Risk eCommerce 49

Creative CFP

AUGUST 11, 2020

The seven key indicators of financial risk There are seven key indicators of financial risk that provide insight into management’s ability to lead the business through economic, market, and competitive challenges. They are not the only relevant indicators of risk, but they are what the analyst uses to launch an assessment.

Investments 52

Investments Accounts Payable Benchmarking Cash Flow Forecasting 52

PYMNTS

JANUARY 25, 2019

Credit offered at the point of sale (POS) is a concept that, done successfully, can help smaller firms move away from inefficient processes rooted in paper, and can mean the difference between taking on a project and growing … or not. focused B2B sales. Forrester Research found that, in the U.S.

B2B 63

B2B B2C Credit Risk Finance 63

PYMNTS

JUNE 27, 2016

According to reports, it enables companies to accept online orders from business customers and provides instant credit for their sales. “Their solution takes on outdated accounts receivable processes, automates it then underwrites the credit risk for the seller.” Across the pond, U.K.

B2B 41

B2B Invoicing Credit Risk eCommerce 41

Spreadym

JUNE 8, 2023

A plan typically covers a longer time horizon, such as three to five years, and encompasses various aspects of the business, including sales, marketing, operations, and human resources. Risk Assessment and Management: Identify potential financial risks and develop risk management strategies.

Budgeting 52

Budgeting Forecasting Planning Strategic Planning 52

PYMNTS

DECEMBER 29, 2016

After operating 11 brands in six countries, DeCosmo leveraged the data and analytics to launch Enova Decisions in 2015 and provide clients with custom, real-time analytics services that improve credit risk, fraud protection, operations and marketing.

Education 40

Education Credit Risk Leverage Sales 40

PYMNTS

OCTOBER 1, 2018

However, risk increases as Days Sales Outstanding (DSO) grow, and the report noted that GDP growth is moderating, which means credit risk increases. Electronic invoices help matters, stated the companies, as they are able to get paid faster. percent, the highest level since 2011.

B2B 49

B2B Invoicing Healthcare Credit Risk 49

PYMNTS

FEBRUARY 14, 2019

. “The reach for yield in the BB space is not worth the increased risk, despite the potential long-term challenges associated with the BBB space,” added Adam Richmond at Morgan Stanley in a note published earlier this month, reports said. Analysts noted that corporate treasurers had been taking advantage of lower rates.

Economics 49

Economics Credit Risk Investments Marketing 49

PYMNTS

MAY 1, 2019

means a plethora of opportunity and potential for cross-border exporters, but can make it even more difficult to develop a sales strategy. The strength of economic growth in the Southeastern U.S. “It really is about connecting to the right people,” noted Pelletier. “It can be overwhelming, the size of the U.S.

Foreign Exchange 55

Foreign Exchange Finance Credit Risk B2B 55

PYMNTS

MARCH 14, 2017

According to Daly, without insurance, a supplier is forced to make up for this lack of cash with additional sales. “If APIs today have become a key way for FinTech companies to collaborate and share rich, high-quality data; for SMEs, that means less risk for financiers, too.

Invoicing 54

Invoicing Prioritization Credit Risk Finance 54

PYMNTS

JANUARY 11, 2018

That category, according to Burnside, contains about 145 million consumers – who, he noted, have very particular points of need where underwriting and risk management capabilities are severely underdeveloped. Loans extended by LendingPoint are underwritten digitally; approval can come within minutes, and loan terms range from 24 to 48 months.

Risk Management 43

Risk Management Finance Sales Construction 43

PYMNTS

OCTOBER 4, 2019

India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup. FinBox plans to use the investment on product research and development.

B2B 51

B2B eCommerce Startups Foreign Exchange 51

PYMNTS

NOVEMBER 17, 2017

Observation 2: Companies like Affirm were crushing it by offering an alternative way to pay via point-of-sale (POS) financing for larger-ticket items. We think historical cash flow data is a much better predictor of credit risk,” Youakim said, “Especially when you are talking about the ability to pay off $200 in two months.”.

Finance 41

Finance Credit Risk Banking Accounting 41

PYMNTS

JULY 17, 2017

The big news of the week was Prime Day, which reports indicate marked another record break for Amazon, particularly in regards to sales of the various Alexa-powered AI devices. If we can help a business double [its] sales, then it doubles our revenue from that business,” Collison noted. Nonetheless, we must remain vigilant.”.

Currencies 40

Currencies Credit Risk Banking Communication 40

PYMNTS

OCTOBER 31, 2016

Without a complete picture of millennials’ credit, many financial services companies are turning away good consumers, and the bad news for financial institutions is that only 10 percent of millennials will re-apply to the same lender once they have been declined.”. billion, AWS, Amazon’s internal ATM machine, saw sales jump 55 percent to $3.23

Profit and Loss 43

Profit and Loss Construction Credit Risk Risk Management 43

PYMNTS

APRIL 19, 2016

Nearly half of B2B sales to corporate buyers within western Europe were transacted on credit, according to a new report from Atradius, a trade credit insurance and risk assessment company. This figure is on the rise, however, compared with data from 2015, as well as a rise in the value of those outstanding bills.

Banking 40

Banking B2B Invoicing Construction 40

PYMNTS

DECEMBER 10, 2016

The marketplace lending model is designed to offload the most pernicious risk in the lending business — credit risk — to the investors who buy the loans from them. Employees at Lending Club were discovered to have allowed this sale, even though they knew the sale did not meet the terms of what the investors expected.

GAAP 73

GAAP Compliance Valuation Auditing 73