Archive for May, 2010

ACT! + Vertical Falls = Contact And Compliance Finance Solutions

Thursday, May 27th, 2010

ACT! + Vertical Falls = Contact And Compliance Finance Solutions

ACT! is now in a position to develop customized software for financial institutions, thanks to its recent acquisition of intellectual property from Vertical Falls Software, Inc. Vertical Falls is a solution provider in the financial industry. The acquisition of the intellectual property rights from Vertical Falls will allow ACT! to develop a compliance and document tracking solution based on its ACT! CRM (customer relationship management) software to meet the specialized needs of financial services organizations. The role of Vertical Falls will be concentrated on reselling, service implementations, data migration, training and support and business migration.

Financial services organizations are experiencing regulatory pressure to implement standard reporting processes that necessitate retaining the history of customer interactions and records of customer risk tolerance, among other key criteria, explains ACT! senior VP and general manager for ACT! Software. By integrating ACT! with the acquired VerticalFalls technology, we will deliver business critical contact management and compliance features that brokerage firms, financial advisors and others in the financial services industry need in todays marketplace.

ACT! softwares first market specific software solution was ACT! Premium for Real Estate 2006. The success of ACT! Premium for Real Estate gives clear emphasis on the need for per-industry customized CRM software solution. ACT! has done it again by partnering itself with a company in the finance market to develop and deliver a CRM solution to brokers who clearly need a CRM solution for customer data tracking and client retention.

These are not the only examples of ACT! software integrating with other developer solutions for better results in developing market specific products. In 2004, ACT! created the software add-on partner network where companies from different industries integrated their software with ACT! in order to produce a product that specifically serves the need of one industry. The specific service that ACT! can potentially provide each business industry is taken directly from the page of a CRM manual.

The concept of CRM is to enhance interaction between customers and business entities through better record keeping and records access. With detailed customer files, a company can customize the way they deal with each customer. In following this creed, ACT! has clearly taken CRM solutions to heart by doing exactly what CRM requires businesses to do. This stroke of genius will certainly place ACT! software above other CRM solution software in the years to come.

A Structured Settlement Nightmare: Don’t Let This Happen To You.

Thursday, May 20th, 2010

A Structured Settlement Nightmare: Don’t Let This Happen To You.

Accidents happen. Medical malpractice, while difficult to accept, happens. These are just a couple of instances where forces beyond your control can turn your life upside down and change it forever. Unfortunately, it happens every day. Now, it may be that you can’t control these occurrences, but there is a legal system in place that can help you lessen the burden of these events in the coming years. If you are the victim of someone else’s negligence get a qualified attorney and go to court. The result should be a a “Structured Settlement” that will pay you on a defined schedule over the course of the agreement.

This structured settlement comes in the form of an annuity that a defendant purchases to make the payments due to you. You may ask, “Why can’t I get the amount I am awarded in court in one lump sum?”. Depending on where you live that may be an option, though more and more states are requiring that structured settlements be used.

The reason for this is to protect you as the person getting the money from spending the money in a careless manner that jeopardizes you future financial well being.

Let’s look at a real life example.

In 1973, Tiffany Adams was born in Memphis with severe brain damage that her parents blamed on her doctor. They sued for malpractice and received a cash settlement of $250,000 in one lump sum.

The family’s attorney recommended investing the money to create an income that would help take care of Tiffany over the course of her life.

Well, as this is not a success story, you can see where this is going.

Tiffany’s parents wastefully put the money in to the father’s business. In a little over 10 years the money to care for Tiffany’s was gone.

A few years later the parents divorced and Tiffany receives no child support. If that wasn’t bad enough, in 1987 Tiffany was in an accident with her wheelchair that caused severe facial injuries. The family won a new settlement from the wheelchair company.

This time, however, Tiffany’s mother insisted on a structured settlement for the payments. This allows Tiffany’s mother to take care of her daughter without the fear of having someone take advantage of her settlement.

Accidents and malpractice are things you can not control. What you do, however, with the settlement money you receive is something you can.

Be prepared and be informed.

Protect you and your family by finding out more about structured settlements and structured settlement annuities.

A site that will take care of all factoring requirements

Thursday, May 13th, 2010

A site that will take care of all factoring requirements of is finally at your fingertips.

A business can only grow when it makes more sales and wins the trust of the customers. However often the suppliers of raw materials want payment quickly while you have to sell finished goods to your clients on credit basis where the credit period may range from one to two months. Factoringquotes takes care of all your accounts receivable and by paying the seller of raw materials on your behalf and also paying you your dues from your clients. The company then recovers the dues from your client after the payment arrives. As a result your cash flows are not hampered and also you have money on hand to settle all your dues. Factoringquotes charges commission as a certain percentage from the total amount for rendering its services.

Hence in case of accounts receivable factoring, you may get up to 98% of the outstanding receivables. As a result the company will be able to process all orders and also increase its sales. Factoringquotes handles monetary transactions ranging from $5,000 to $30,000,000 per month. Also when you pay your supplier on time, often you can take advantage of supplier discounts.

You can get all factoring quotes quickly. All you have to do is provide your company details and requirements and within a few hours a representative of the company will get in touch with you. Factoringquotes also assists in other factoring requirements such as small business factoring, construction factoring, export factoring and even cash flow factoring.

Small business factoring proves to be a strong tool for small businesses who have just stepped on the path of progress. This is because a small business may not have the ability to sell goods on credit for 2-3 months as its funds will be locked up in accounts receivable. Factoringquotes comes to the rescue at it takes care of all accounts receivable of the company by providing immediate cash. The site also helps with purchase order financing where it pays for raw materials bought on behalf of the company. As mentioned before, the company stands to gain in the form of seller discounts.

Factoringquotes has also diversified in other types of factoring such as medical factoring of accounts receivables. In this industry the site arranges for funds to be paid to a health care provider on the insurance claims that are frozen in accounts receivable. Then there is also freight bill factoring where the company buys your freight bills and invoices and then gives you advance cash in less than 24 hours. The customers are given an options as to which bills they want to factor. Hence factoringquotes proves to be a cash flow solution for all companies who don’t want their funds blocked for a long period of time.