If you’re like many of your peers, you’re looking for ways to make sure customers and clients stay loyal to your company in the new year and beyond. Digitizing your A/R and A/P departments is key to accomplishing this, according…
Accounts Payable
A corporate credit card remains a great way to streamline purchases, monitor spending and earn cash back in rewards. It can also open the door to financial funny-business. Unfortunately some less-than-honest employees will abuse cards to use them to cover…
The early bird gets fewer B-Notices! IRS has shared critical test and usage dates for its FIRE system for information returns. To make year-end as smooth as possible and avoid any unpleasant surprises down the road, you'll want to file…
A cloud-based A/P has never made more sense than it does today. When the COVID-19 pandemic drove thousands of workers to home offices around the globe, many A/P teams found themselves struggling to complete invoice approvals from disparate locations. Organizations…
December is fast approaching, and IRS has some important year-end updates your finance team needs. Both Accounts Payable and Payroll will need to be aware of these. And the sooner the better! 1. Updated process to set up e-file for…
Get ready! IRS just released the latest draft of the instructions for Forms 1099-MISC and 1099-NEC. Per the draft, the updated instructions should be effective January 2022. Here’s a rundown of what’ll be most important – especially for your A/P…
As business travel kicks back into gear, you’re likely seeing that the types of expenses employees incur are going back to normal. But costs may be higher than they were before the pandemic. Most CFOs noticed a big shift in…
Getting as many vendors as possible to accept electronic payments remains an ongoing goal for companies of all sizes. On the front lines in that quest? Your Accounts Payable department. They have a lot to gain from a more paperless…
Finance pros are already taking advantage of the new expanded window of time for Same Day ACH. And it can benefit your company, too. The third window, added in March 2021, allows same-day transactions to be initiated as late as 4:45…
Granted, business travel has yet to return to pre-pandemic levels. But you still want to ensure employees are spending smart. A new report by TripAction offers pricing benchmarks to help you see if your expense report totals are in line.…
Over the years, your Payroll team has quickly adjusted to an earlier filing deadline for Forms W-2. Because of that, the IRS may decide to change the deadline for submitting other key Finance forms. In a recent report, the Electronic…
Your company may or may not have celebrated Juneteenth this year. But now that it’s a federal holiday, it’ll likely affect your company’s payroll and accounting processes going forward. President Biden signed legislation on June 17, 2021, making Juneteenth (June…
