factoring accounting workflow and revenue recognition process

Becky Gibbs | May. 6, 2026

Common Accounting Mistakes Factoring Companies Make (and How to Prevent Them)

Common accounting mistakes factoring companies make—from revenue recognition to borrowing base reporting—and how to prevent them to improve profitability, lender…

Sounding Board video discussing factoring performance metrics

Becky Gibbs | Mar. 26, 2026

Factoring KPIs That Matter: Churn Rate, Gross Profit, and Portfolio Yield

For factoring companies, tracking the right KPIs monthly can make the difference between reacting to issues at year-end and making…

Becky Gibbs | Feb. 26, 2026

Compilation vs. Review vs. Audit for Factoring Companies

In this episode of Sounding Board, host Becky Gibbs, Audit Partner at Boyum Barenscheer, is joined by Kevin McCarty, Audit…

Becky Gibbs | Feb. 24, 2026

Hidden Cash Flow Risks That Factoring Reveals and How to Fix Them

When business owners think about factoring, they usually think about one thing: access to cash. But factoring does more than…

Becky Gibbs | Jan. 30, 2026

Bank Financing or Private Credit? What Factoring Companies Should Consider

In this episode of Sounding Board, factoring specialists Claudia Montalbano of Verity Accounting Solutions and Becky Gibbs of Boyum Barenscheer…

Becky Gibbs | Jan. 27, 2026

Five Critical Metrics Every Factoring Company Should Track Monthly

In the fast‑moving world of factoring, strong financial visibility isn’t just a competitive advantage, it’s a lifeline. With thin margins,…

Becky Gibbs | Jan. 14, 2026

2026 Audit Readiness: What Your Business Needs to Do Now

Is your business prepared for audit season? Instead of thinking about what auditors need, focus on what matters most for…

Becky Gibbs | Jan. 12, 2026

Understanding CECL: Practical Reserve Strategies for Factoring Companies

In this episode of Sounding Board, factoring specialists Claudia Montalbano of Verity Accounting Solutions and Becky Gibbs of Boyum Barenscheer…

Becky Gibbs | Apr. 29, 2025

Understanding the Difference Between Accounting and Tax Profitability for Factoring Companies

For factoring companies, understanding the distinction between accounting profit and taxable income is crucial for effective financial management. Accounting Profit…

Kevin McCarty | Apr. 29, 2025

Understanding Retained Earnings and Why They Matter for Factoring Companies

Retained earnings are a key financial metric for factoring companies, representing the cumulative sum of net income from all previous…