The success of Finance depends on an accurate and efficient A/P department. That includes every step of invoice processing - receiving, validating, capturing and coding data, matching to purchase orders and receipts, routing through approval workflows, etc. In today's business…
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The most common reason companies get ripped off by dishonest employees? Lack of oversight. The Jacksonville Jaguars football franchise is just the latest example. The Jags made Amit Patel its manager of financial planning and analysis in 2018. One of…
Inflation isn't dropping as low as Jerome Powell and the governors of the Federal Reserve thought it would when they began ratcheting up the funds rate in March 2022. No matter: A growing number of financial pros predict the Fed…
Could entrepreneurs and businesses recoup billions of dollars in taxes paid after Congress passed the Tax Cuts and Jobs Act in 2017? A case being heard by the U.S. Supreme Court starting this week will answer that question. SCOTUS is…
Year-end close is when many finance teams are vulnerable to burnout from a seemingly endless, high-priority to-do list of generating annual balance sheets, profit and loss statements and cash flow statements. So if your year-end closing is this quarter, or…
How much will employers have to pay for any penalties related to tax year 2023 forms, including W-2s and other information returns? We’ll review those numbers and also take a look at the numbers IRS recently released for tax year…
Digitizing A/P is still very much on the minds of your peers, who are prioritizing control of cash flow over business growth as organizations face economic uncertainty and rising inflation. A survey of 821 finance pros, as well as 246…
How healthy are America's largest banks? On that question, investors and the credit ranking agencies don't see eye to eye. Just before Thanksgiving, Moody's Investors Service downgraded rankings for three banks you may have heard of - Bank of America,…
Much of corporate America is all-in on environmental, social and governance (ESG). Many companies voluntarily report their greenhouse gas emissions and set long-term sustainability goals to please shareholders and customers. Ongoing litigation could slow down the ESG trend. Climate change…
As you're prepping to file Forms W-2 or Forms 1099 for TY 2023, you know it's tough to avoid all errors. So, it helps to be prepared to file corrections, too. By way of reminder, the deadline for submitting Forms…
People who worked directly for Jeff Bezos over the years describe him as bold, innovative, a tad impatient, demanding and results-oriented. One positive trait all Amazon-ers seem to agree on is Bezos is gifted at managing people. Bezos shares how…
Does it seem like the prices you're paying for products and services are going down? Or at the very least, not shooting up like we saw from late 2021 through the early months of 2023? It's not your imagination. Annual…
