No matter how efficient your A/R and A/P teams are, payment disputes will likely come up from time to time. As you know, these disputes can be time-consuming, labor-intensive and costly for your teams. What’s more, they can result in…
Accounts Receivable
The current climate has called for a change in the way people do business – and that's largely impacted sales tax practices and regs for 2021. What tax trends and forecasts do your A/R and A/P teams need to know…
Many companies utilize an early payment discount when requested by suppliers. However, the tool has the potential to do far more for your company. It can help to improve the status of the accounts receivable department. The discount tool is…
Though online portals are intended to simplify invoice and payment processes, they may actually be spurring problems that impact your A/R and A/P teams. Especially during the recent pandemic, many companies used these tools to ensure that orders and payments…
Finance teams can expect the slew of local sales tax rate increases that have occurred recently to keep pace for the rest of 2020. In the first five months of the year, your team faced 150 city sales tax rate…
Time really flies when your finance department is busy charging, collecting and paying more sales tax, thanks to legislative changes. It’s been two years since the Supreme Court ruled on the pivotal case South Dakota v. Wayfair, which gave states…
Your finance department probably has some trading partners that are fairly hands-off ... and others that require more attention from A/P and A/R. The latter want your company at their beck and call, ready to help them and calm their…
Your company may be entitled to some sales tax relief. Many states are cutting companies a break on this critical compliance front due to the coronavirus. That's in addition to the relief you're getting on the federal tax compliance level…
In an uncertain and evolving world, digitization is necessary. Your A/P and A/R teams can’t be bogged down by outdated routines and mundane work. These current times, when companies have been forced to think fast and take operations remote, are…
With the rise of a new generation of B2B financial technology companies, the opportunities for CPA firms to offer new services have never been better. Brent Meyers of Nvoicepay takes a look at the expansion of fintech and how CPA…
Finance deals in numbers all day. But how often are you generating numbers to find out how efficient your finance team is? (more…)
Finance is known as the “numbers people” of any organization. Well, have we got a slew of new numbers for you! (more…)
