Financial services blog category which highlights our expertise in the F&A industry. As a top rated BPO, ARDEM provides F&A services for all industries. We are experts in accounts payable, accounts receivable, bookkeeping and accounting, and more.
Companies are constantly looking for methods to enhance services and boost cash flow as the business world gets more competitive. These organizations use outsourcing to make the most of the time of internal employees because they believe that time is money. Read More
Small lenders face multiple challenges, such as processing large volumes of loans quickly and efficiently, maintaining effective communication with customers, and servicing complex borrowers. These issues often result in slow loan processing cycles, low customer satisfaction scores, and poor customer retention rates. Read More
Small business lenders often struggle with hiring qualified employees or finding enough talent within their geographic area. They face staffing challenges, such as recruiting qualified employees, training workers, managing payroll, etc. Read More
In today’s fast-paced business world, growing companies face many challenges, particularly in managing their accounts payable processes. Inefficient accounts payable (AP) management can lead to many issues. These include missed vendor payments, cash flow issues, and strained vendor relationships.Read More
The COVID-19 pandemic, shutdowns, and economic challenges have caused staffing shortfall for lenders worldwide. This affected their ability to process loan applications promptly. Currently, personnel shortages and inflation are a problem for many small lenders. Read More
Non-profits often face challenges in raising funds due to a lack of awareness or limited resources. They lack large donors with deep pockets or sophisticated marketing techniques to raise awareness. Read More
Access to credit is critical for many businesses and individuals, but it is not always readily available. Traditional banking institutions are often slow to provide loans to customers who lack collateral or credit history. Conversely, alternative lending services have made it easier to access loans. Read More
The lending space has been undergoing significant changes over the past few years, as the number of alternative lenders has dramatically increased. This rapid growth has resulted in increased inefficiencies in the lending process, making it increasingly challenging for lenders to ensure compliance and maximize efficiency. Read More
Loan application processing can be a time-consuming process for lending organizations. It involves a series of steps, many of them involving repetitive, routine-based activities. These steps take time, and this is where outsourcing may help.
Non-profit organizations rely heavily on grants from foundations, corporations, government agencies, and other grantors to support their mission. The process of applying for these grants, reporting on them, and tracking their status has become complex and tedious.Read More
