The median time to complete a monthly financial close is six days – and for some organizations, it takes as long as 10, according to the American Productivity & Quality Center (APQC). Organizations that take too long to complete their…
Accounting
Finance teams have always known expense fraud is a problem. What's changed is the scale, the motivation, and the profile of who's doing it. New data from two major studies gives Finance a clearer picture than ever before. The Profile…
A change to U.S. tax policy might save your business hundreds of thousands of dollars -- and most companies have no idea it exists. The U.S. has been recognized as a global hub for tech companies since the late 1990s,…
Spirit Airlines didn't fail overnight. The collapse was years in the making – a compounding sequence of financial decisions that any corporate finance team can learn from, regardless of industry. Over the weekend, Spirit canceled all flights, ending a 34-year…
There's an old joke in the corporate world: Accountants are the people who tell you exactly where you've been — but never where you should go. For a long time, that joke was kind of true. Accounting used to be…
Managing cash flow is one of the most pressing challenges finance teams contend with. T&E programs are a large and variable part of company budgets, and the latest research from Navan, The State of Corporate Travel and Expense, shows that…
It’s December, and month-end still isn’t closed. Day six drags on with bank recs unfinished and support scattered across spreadsheets while auditors ask for schedules your team isn’t ready to release. Ledge’s 2025 month-end close benchmarks report shows that half…
For finance leaders, not many responsibilities are as stressful (or as important) as closing the books. The financial close aims to make sure statements are accurate, compliant, and ready for reporting. For many organizations, however, this task can stretch on…
One-week paycheck delays would leave nearly eight in 10 U.S. workers scrambling to cover bills, according to PayrollOrg’s 2025 Getting Paid In America survey. That’s up slightly from 77% in 2024, showing that financial stress hasn’t eased up for the…
Exporting ERP data into Excel and manually building financial reporting processes and reports is costing your team more than just time. Manual processes not only slow down finance but also increase risk, obscure key insights, and leave too much room…
Late or slow payments continue to stall progress for today’s finance teams. These delays often stem from large organizations renegotiating due dates to better control their own cash flow, creating downstream pressure on vendors and suppliers — and increasing the…
Formulas are the backbone of Excel’s functionality, enabling you to perform calculations, analyze data, and create dynamic reports. Mastering formulas like SUM and advanced techniques such as DSUM can transform your financial modeling capabilities. Excel Formula Mastery Here are three…
