Who is lending now?
Few things we see in the debt market: 1- High interest rates, stricter bank’s criteria for lending have made borrowing an expensive […]
ERC (tax credit) updates.
Do not wait for IRS to send you the refund sometime in 2024. The Fed is not supposed to run out of […]
History of —How to solve the “million-dollar” question – payment delays
Oct 20, 2021, written by Jonathan Cherry-Woode This little historical account will focus on what others have offered to businesses as help to […]
Ready your counter-measures post-Covid to significant payment delays.
Oct 20, 2021, written By Jonathan Cherry-Woode During Covid (2020-2021) Global Trade Magazine’s survey found dramatic increase in OVERDUE payments, and others […]
5 best ways small business owners (and us) can expedite your invoicing process…
Jun 9, 2022, Written By Jonathan Cherry-Woode 1- Get your Accounts staff involved 2- Use Invoicing Software 3- Send all invoices on time […]
How technology can improve receivables….
Automated emails, document sharing (E.g. Contract docs / POs docs), phone call recording, and even integration of Accounting systems between businesses — […]
On-time payments decreased during Covid
Based on a Nov 2020 study from Dunn & Bradstreet, on-time (30-day) payments decreased by almost 1% in US and 2% in […]
Late payments sink ships
Written By Jonathan Cherry-Woode, May 3, 2021 Stating the obvious but it’s important — allowing 30-day invoices slipping into 45 or 60-days, […]
When it comes to late payments — there are no “altar boys”
Researchers surveyed both types of businesses — payors and payees. As one would expect, they complain about / blame each-other for late […]
