Increasingly clever cybercriminals are out to take your company’s money. They’d even stoop so low as hacking you with a purchase order that looks real. For example, emails with an attachment disguised as a purchase order can contain links to…
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B2B credit departments are steadily embracing new technology and automation. But one area where companies are steadfastly sticking to the past is new credit applications. More than half of credit professionals report 25% or less of their credit applications are…
The U.S. Supreme Court has reached a decision in the case of a highly compensated employee who sued his employer for unpaid overtime. In Helix Energy Solutions Group Inc. v. Hewitt, the court said that although the employee earned more…
What’s one of the first things people notice about a company's headquarters? It’s right under their feet – floor surfaces. That’s why even when you’re under pressure to keep costs down, you can’t afford to scrimp much when it comes to…
Many companies are turning to even faster payment methods, such as embedded finance solutions and banking as a service products. In fact, according to a PYMNTS report, more than four out of 10 businesses (41%) are using real-time payments to…
The Securities and Exchange Commission (SEC) just fined a company $35 million because it didn't maintain adequate disclosure rules for tracking workplace complaints and violated whistleblower protections for departing employees. The only problem? The SEC admits not a single employee…
Because your A/P team is a critical part of your business, it needs to be adequately staffed with qualified and capable employees who enjoy working for you. But in a tight labor market, where employees expect remote work options, work/life…
For employees on reduced schedule FMLA leave, 12 workweeks will get converted into days, hours or minutes. But that can trip up employers, new guidance shows. The Department of Labor (DOL) just released an opinion letter focused on reduced schedule…
You're skilled at keeping simultaneous track of your company's profits and costs, including business operating expenses. Case in point: You can probably calculate your gross profit - revenue subtracted by the cost of goods sold - with little effort. But…
Employees who are just getting started on their annual tax filing chores may come to you or other finance staffers for info. A lot of cash-strapped folks will be trying to save money by doing their taxes themselves, but they've…
Hundreds of your C-suite peers retired or stepped down last year, and job-related burnout may have influenced their decisions. Among them were Starbucks CEO Kevin Johnson, DocuSign CEO Dan Springer and Red Lobster CEO Kelli Valade. More recently, on the…
Finance pros with lingering compliance concerns about employees working remotely will find insight, albeit limited, in new guidance. In Field Assistance Bulletin 2023-1, the Department of Labor (DOL) discussed the implications of two laws for employers with teleworkers. The laws…
