We’ve all been there: inaccurate vendor payments disrupting cash flow and costing your company a bundle. And there are so many reasons why they happen. Maybe an A/P staffer got distracted and didn't record a payment at the time it…
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Make sure Payroll knows the latest on what to look for when examining new employees’ documents for Form I-9 purposes. Recently, USCIS extended the validity of Permanent Resident Cards employees may present for I-9 purposes. As of Sept. 26, 2022,…
One nice thing about fixed expenses is that they stay constant and usually don’t fluctuate. The bad news, they’re usually set in stone and can’t be cut if you’re looking to lower expenses. But according to Aaron Evett, director of…
As you prepare your salary budgets for 2023, it’s important to know employees’ expectations in terms of pay and perks so you can avoid having to replace your best people in the new year and retain those you bring on…
When a person asks, "How much money will I need in retirement?" the only honest way to answer is with, "It depends." What's most helpful is steering the person's thinking in another direction so they can take honest stock of…
When your peers were asked in August what they were planning to do with their 2023 annual salary increase budgets, not many said they were planning to freeze salaries. Salary increase budgets are likely to be larger than this year's…
To accommodate the needs of as many vendors as possible, your business may need to use a combination of electronic payment methods. Electronic payments are a win-win. Your vendors will love that they can get paid faster and your CFO…
Because inflation's forced the Fed to raise interest rates, making the cost of capital higher, it's mission-critical to carefully manage the cash your company has on hand to avoid going outside your own cash flow for working capital. That's the…
CFOs' view of the economy and their companies' growth outlook over the next six months took a dive as summer faded into autumn. Rising prices are to blame, according to the latest CFO Survey by the Richmond Federal Reserve and Duke…
Using the federal government's E-Verify program to confirm that new hires are eligible to work in the U.S. isn't required by law. But according to employment law expert Dr. Jim Castagnera, businesses like yours have taken a liking to it,…
Finance departments need to know what's going on across the organization. Yet all too often communication channels clog up, with one important team being the last to know important info. And that's A/R. Picture this: Your A/R point person calls…
Cooler temperatures and falling leaves are signs that the countdown to year-end is on for your Finance team. The transition from thinking about vacation getaways to tax filing deadlines will happen slower for some. But if you start noticing a…
