When feasible, companies may review individual customer accounts to identify specific balances unlikely to be collected. An architectural firm with 50 clients might flag three accounts—a bankrupt developer, a chronically late-paying client, and a customer in a legal...
Each financial forecast plays a major role in determining how much attention is given to individual expense items. For example, if you forecast high-level trends for general planning purposes, you can rely more on broad assumptions than specific details. However, if...
Each financial forecast plays a major role in determining how much attention is given to individual expense items. For example, if you forecast high-level trends for general planning purposes, you can rely more on broad assumptions than specific details. However, if...
AI algorithms can analyze vast amounts of customer data, including demographics, preferences, browsing behavior, and purchase history, to segment audiences and deliver highly targeted and personalized marketing messages. By leveraging AI, marketers can tailor their...
If your credit card debt keeps rising each month, take a close look at your monthly budget to find ways to lower monthly expenses. Maybe you could move to an apartment with lower rent or downsize to a smaller home with a smaller mortgage payment and lower maintenance...
Feel free to follow us on social media for the latest news and more inspiration.