Corporate bankruptcy rates are at Great Recession levels last seen in 2009-10. The worse news? The year's only a little more than half over. CEOs, CFOs, credit departments and Sales team members need to be aware of the higher risks…
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"It's not right, but it is a reality. ... You don't get a lot of budget attached to (vendor setup and maintenance training and tools in A/P)," said consultant, speaker and trainer Debra Richardson, APM, APPM, CPRS. Richardson is a…
If employees' Family and Medical Leave Act (FMLA) entitlements are impermissibly reduced, your company may face legal consequences. But when someone takes intermittent or reduced-schedule FMLA leave, it's tricky for staffers to accurately calculate how much of the 12 weeks…
The collapse of Silicon Valley Bank (SVB) earlier this year could bring major changes to capital requirements for large banks. Federal Reserve vice chairman for supervision Michael Barr put the banking industry on notice during a speech to the Bipartisan…
The last few months of weather's taken a toll on homes and businesses in many parts of the country. To lighten the load a bit, the IRS granted tax-filing extensions for counties in states like California and Florida. Taxpayers in…
When IRS reduced the electronic filing threshold, the change impacted a long list of information returns. Now, the list of forms to e-file may get longer. That’s because of a recent recommendation from the Electronic Tax Administration Advisory Committee (ETAAC).…
High taxes, crumbling infrastructure, a weak economy, crime ... all of these factor into where a business decides to do business or avoid. We predict companies of all sizes and across a range of industries will continue to relocate and/or…
News flash: The stock market and financial sector didn't do too well in 2022. But for the majority of business sectors, profits soared and shareholders got richer last year. The numbers might even surprise you a bit. Visual Capital showed…
Whether it’s a big meeting or a quick huddle, the last thing you need is someone turning it into a personal gripefest. Negative or "toxic" people who complain or point the finger are one of the chief reasons employees can't…
Employees with wages exceeding $145,000 in 2023 may hesitate to make catch-up contributions next year. They'll be impacted by tax changes, as will employers. To complicate matters, there are still many unanswered questions about the tax changes, which the Secure…
Your finance staffers watch for duplicates and other payment slip-ups all year long. But why should they be especially cautious this month? July represents the peak time of year in terms of invoices processed, according to research from Concur. And it was during July…
Because your A/P staff is so good at keeping important bills paid, it unfortunately makes them a prime target for payment fraud email campaigns. Official-looking notices can arrive in their inboxes warning that you’re about to lose customers because your…
