Rising transportation costs are hitting businesses, and the inflated shipping costs are too great for many companies to shoulder. But if you think the only move is to bump up prices, think again.
With all the questions Accounts Payable fields in a given day, staffers may feel more like an information booth than a Finance department. But are those queries eating into your efficiency?
So maybe your A/P department isn’t ready to receive electronic invoices from every entry in your master vendor file. There’s still a way e-mail can speed your payment process.
Technology’s supposed to make life easier, and automated expense-management does just that.
Just about every CFO has that sneaking suspicion their company is paying too much for telecom. If your bill comes in this format, you can be assured you are.
Nothing wreaks havoc on Finance’s efficiency like a way-off cash flow forecast. Here’s an action plan that’ll banish expensive surprises.
Four bucks for a gallon of gas + Four bucks for a gallon of milk + no pay raise = a potentially very expensive problem for companies.
Few groups rely on other departments like Accounts Payable — which isn’t always a good thing (especially if you ask them!).