Abrigo

MAY 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months. At the same time, 59% pursued credit to meet operating expenses.

Lending 195

Lending St. Louis Community Marketing 195

PYMNTS

SEPTEMBER 28, 2020

They also need to collect and verify vendors’ details to comply with anti-crime regulations, adhere to tax reporting requirements and deliver convenient digital payments to these suppliers. Smooth B2B operations depend on robust data gathering, but many companies rely on manual methods to collect information and complete supplier enrollment.

Data 166

Data Management Taxes Meeting 166

Abrigo

FEBRUARY 27, 2020

Abrigo's Business Lending Readiness Survey found many processes stymie those efforts. Abrigo’s 2020 Business Lending Readiness Survey found many bankers are dealing with processes that stymie those efforts. Survey: Repetitive data entry common. Another 9% of respondents said turnaround is 8 weeks or longer. learn more.

Lending 243

Lending Survey Data System 243

PYMNTS

MARCH 23, 2020

It’s too soon to tell how the coronavirus crisis will impact corporates’ financial and payment operations, but while analysts continue to raise the alert about consumer payments fraud, the risk of B2B payments fraud persists, particularly as more employees work from home. The report surveyed U.K.

Philadelphia 178

Philadelphia Fraud Taxes Survey 178

Abrigo

OCTOBER 21, 2024

2) Obtain all credit file information , including: Most recent annual review Origination credit package for the operative loan Most recent financials – both borrower(s) and all guarantor(s) If applicable, most recent appraisal, most recent environmental report, property condition reports, field exams or other third-party documentation.

Strategy 195

Strategy Management Taxes Meeting 195

PYMNTS

OCTOBER 28, 2019

Wayfair’s case enabled cities and states to pass economic nexus laws that require out-of-state sellers to collect and remit taxes on local residents’ sales, and it permitted these jurisdictions to implement marketplace facilitator laws necessitating that eCommerce platforms collect and remit taxes on third-party merchants’ sales. .

Taxes 105

Taxes South Dakota Retail Arizona 105

PYMNTS

NOVEMBER 14, 2018

Corporate treasurers say they remain fairly unconcerned about global trade tensions and incoming interest rate hikes, and have not changed their payments practices as a result of these issues, according to a new survey from Dun & Bradstreet. D&B published its report on Tuesday (Nov.

Survey 115

Survey Strategy Conference Taxes 115

PYMNTS

DECEMBER 15, 2017

A new survey from Citizens Bank explores how mid-market CFOs in the U.S. 14), Citizens Commercial Banking released the results of its newest survey, which examines input from 300 CFOs at companies with between $25 million and $2 billion in annual revenue. . In an announcement Thursday (Dec. ”

Marketing 116

Marketing Payments Survey Taxes 116

PYMNTS

OCTOBER 1, 2020

A survey by PYMNTS and Mitek found that around 70 percent of respondents who'd recently opened accounts with financial institutions didn't feel comfortable sharing biometric information. The key could be communication, with the survey finding that 64.1 Since March, over 1 million GOV.UK

Survey 130

Survey Security Taxes Fraud 130

PYMNTS

DECEMBER 2, 2019

million tax-exempt groups active in the U.S., These organizations need to demonstrate to donors and community members that donations were spent appropriately to retain tax-exempt statuses and encourage future donations. . There are approximately 1.56 The agency found these nonprofits generated $2.5 trillion in revenues and $2.4

Management 141

Management Taxes Groups Regulation 141

Abrigo

JANUARY 6, 2017

“We’re seeing broad pickup in cloud services and other emerging technologies,” Asgeirsson said in a recent news release describing results from a recent survey by CPA.com and the AICPA’s Private Companies Practice Section. Some 90 percent of respondents in the Future of the Cloud Computing Survey reported they use the cloud in some way.

Trends 218

Trends blockchain Taxes Survey 218

PYMNTS

FEBRUARY 20, 2020

31, 2019, with total operating revenues of $249.3 The company also reported non-GAAP total operating revenues of $238.4 such as non-operating nest income, income tax benefit and expense, and more. Green Dot reported its earnings for its fourth quarter ending Dec. million, showing a slight uptick from $245.1

Report 130

Report Operations Taxes Study 130

PYMNTS

MARCH 14, 2019

The two published their newest “ Treasury Perspectives ” survey this week, a report that polled corporate treasurers and finance executives about their plans and economic outlook. The 340 survey respondents, based mostly in North America and Europe, revealed their rising concerns over political gridlock in the U.S.

Fraud 115

Fraud Survey Taxes Regulation 115

PYMNTS

MARCH 13, 2017

70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey. Nearly a quarter of small businesses said they still use paper forms when filling out taxes. The statistics were published last week from BDRC Continental, which surveyed 100,000 U.K. small businesses.

Financial Technology 127

Financial Technology Technology social media Taxes 127

PYMNTS

APRIL 30, 2018

Fifty-two percent of SMBs predict business payments will be digital within the next five years , said Bank of America, while mobile phones are used by nearly all small business owners today – 89 percent say they use smartphones and other mobile devices to manage their business and operations like basic tasks, digital banking and digital payments.

Taxes 144

Taxes America National Community 144

PYMNTS

DECEMBER 18, 2017

50 percent | Portion of North American CFOs who believe large companies will benefit the most from tax reform, according to a CNBC survey. In addition, three-quarters of CFOs across North America told researchers that their companies supported at least one version of the GOP’s tax reform plans. Of those, only 3.35

Bitcoin 100

Bitcoin Data Taxes cryptocurrency 100

Abrigo

JANUARY 3, 2023

Sound construction loan principles and processes Start with the basics to build a successful construction loan operation at your financial institution. Owner-occupied borrowers’ repayment comes from the business operation. Lenders should require at least one survey and include it as part of appraisal and title work before closing.

Lending 195

Lending Policies Survey Risk Management 195

South State Correspondent

SEPTEMBER 13, 2023

From survey and polling data, payees and payers say that they will use instant payments because of their speed about 20% of the time. Maybe the payer needs a breakout of taxes, or perhaps the payee was only able to ship a partial order. Doesn’t every business want to reduce the operating cost of reconciling their AP and AR positions?

Payments 221

Payments Fraud Data Taxes 221

PYMNTS

DECEMBER 15, 2020

Apply the local sales tax and the new total is $48.07. will go to taxes, $8.29 A recent PYMNTS survey revealed that more than one-third of eatery operators said they would have shuttered during the COVID-19 crisis had it not been for these partnerships. Of that $65.36 paid by the customer, $44 will go to Smoke, $4.07

California 227

California New York Taxes Illinois 227

Abrigo

OCTOBER 9, 2014

We can find answers in the August Bank Director’s 2014 Growth Strategy Survey , which asked executives from banks of all sizes across the United States about their growth strategies for the next 12 months. Source: 2014 Growth Strategy Survey. Source: 2014 Growth Strategy Survey. Source: 2014 Growth Strategy Survey.

Community Bank 236

Community Bank Strategy Community Survey 236

Cisco

APRIL 26, 2022

Their goal is to move beyond tax-related services to deliver a holistic financial services platform to small businesses and their employees, inclusive of banking services. A recent global survey of bank executives by The Economist Intelligence Unit highlights AI’s anticipated impact on competitiveness. Customer Value.

Big Data 139

Big Data Data Analytics Examples 139

PYMNTS

NOVEMBER 15, 2018

Dun & Bradstreet recently released a survey that found only about one-quarter of finance executives believe blockchain will emerge as the dominant B2B payments technology by 2028; instead, professionals believe online payments and eChecks will lead the way.

blockchain 187

blockchain Payments System Survey 187

BankBazaar

JANUARY 31, 2021

The National Sample Survey Office conducted a survey between 2017 and 2018, sampling 113,823 urban and rural households. The survey reported that out-of-pocket expenses for a single hospitalisation in private hospitals costs Rs. We await the operational details of the scheme now. The findings indicate that a whopping 85.9

Metro 122

Metro Taxes National Survey 122

Abrigo

JUNE 30, 2017

The recent Accounting Firm Operations and Technology Survey (AFOT), available as a PDF eBook at CPA Trendlines , produced by Randolph P. percent provide tax preparation services. percent provide tax preparation services. These small firms average less than 10 employees and revenue values below $600,000. Whereas 77.7

eBook 220

eBook Compliance Taxes United States 220

PYMNTS

FEBRUARY 21, 2020

The IRS is committed to fairness in the tax system, and we want to remind people across all income categories that they need to file their taxes,” said Paul Mamo, director of collection operations for the agency’s small business and self-employed division. The Do Not Call Registry is not the only factor in play.

Taxes 141

Taxes Boston Course Florida 141

PYMNTS

MAY 23, 2017

Written in conjunction with Forbes, the report, which surveyed C-Suite executives from U.S. According to TMF, just 12 percent of survey respondents cited decreasing operational costs and boosting cost efficiency as their top motivation behind exploring international markets. businesses?” Instead, nearly half (45.6

US 100

US Compliance Taxes Trends 100

PYMNTS

MAY 29, 2019

The firms revealed plans to pool their resources and industry expertise to broaden small business lending operations and add equipment financing to the BitX Funding platform. Pelagic operates as a direct lender as well as a collaborator with dealers to help small businesses obtain non-bank equipment financing.

Capital 128

Capital Lending Taxes Analysis 128

PYMNTS

SEPTEMBER 9, 2020

trillion in stimulus checks tended to use those payments to bolster their savings or pay down debt – and only a small percentage of those surveyed actually spent that money. A recent report by the National Bureau of Economic Research (NBER) finds that recipients of the initial $2.2

Payments 173

Payments Survey National Taxes 173

PYMNTS

OCTOBER 23, 2017

That’s the topic of Right Networks’ latest survey , which asked 364 small- and medium-sized businesses about their use of the technology and how it impacts their operations overall. Take a look at the key data points from Right Networks’ SMB Cloud Impact survey. —76

Survey 116

Survey Data Technology Taxes 116

PYMNTS

AUGUST 20, 2020

He noted that landlords can struggle to keep track of receipts and expenses, and must then rush to account for expenditure ahead of any tax deadlines. Even in a post-pandemic market, challenges abound thanks to complex regulatory and tax requirements.

Taxes 141

Taxes Management Industry Payments 141

Abrigo

JULY 17, 2017

While accountants express the desire to generate a large share of firm revenue from providing advisory services , survey data has shown that many firms derive very little revenue from the types of value-added, consultative services that comprise advisory. Recognize that there are set stages in the way you approach these services,” he says.

Honolulu 150

Honolulu Taxes eBook Leadership 150

PYMNTS

AUGUST 6, 2019

With government agencies working to combat tax evasion and fraud, eInvoice mandates mean a reduced risk of invoice fraud and greater visibility into trade and transactions. on the benefits of an eInvoicing mandate, noting that it would address the nation’s current tax challenges. On Monday (Aug.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

SEPTEMBER 9, 2019

billion a year from a widespread legal sports betting market, largely as the result of increased fan engagement, and data from this survey show that bettors are more likely to engage with the league, its media partners and with other fans,” the trade group said. Lack of confidence will lead to lower tax revenues.”. Digital Wallets.

Innovation 137

Innovation Payments Taxes User Experience 137

PYMNTS

DECEMBER 18, 2018

In “The Age of the Entrepreneur” report , published last week, Bench surveyed more than 1,000 entrepreneurs in the U.S., ” Even with the age differences, there are commonalities between entrepreneurs across all age groups in the Bench survey. including freelancers and owners of businesses with up to 10 employees.

Survey 144

Survey Groups Technology Tools 144

PYMNTS

JANUARY 30, 2020

The question of disrupting operations to link spend management with older legacy systems need not apply to a spend management upgrade, according to Paula Bachman, chief financial officer at solutions provider Bento for Business. Tax Time, and Time as a Commodity.

Management 130

Management Las Vegas Cards Taxes 130

PYMNTS

JUNE 11, 2018

million operated as independent contractors, temporary contractors or on-call workers. Fifty-three percent of SMBs said employee health insurance costs are top-of-mind , closely followed by tax reform, according to SmartBiz Loans’ latest survey. According to the Bureau, 16.5 Last month, nearly 3.8 percent of the U.S.

Survey 109

Survey Taxes Data Community 109

Abrigo

OCTOBER 25, 2014

Technology provider The Sleeter Group recently surveyed small- and medium-sized businesses about why they left their accountant, and the top reason was because the accountant gave only reactive – rather than proactive -- advice. “When they think of their accountant, they think of taxes,” he says.

Taxes 284

Taxes Study Survey Fraud 284