More criminals are targeting your firm’s bank accounts via ACH credit schemes, intercepting payments you’re already making from these accounts. Credit schemes can be harder to target because the payments are often authorized to fraudulent accounts unknowingly by well-meaning Finance…
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Good news to pass on to your Payroll team: The vast majority of employees are confident with the accuracy of their paychecks and receive them as scheduled each pay period. That’s according to the latest “Getting Paid in America” survey…
Your employee handbook needs to do more than put your company’s benefits, policies, procedures and culture in writing. It also must stand up in court if a lawyer for a disgruntled employee starts to drill down into it. For instance,…
A Finance pro comes to you saying they received a text message from IRS about an audit – or worse, that an IRS rep is at your door wanting to inspect your confidential files. How can you tell whether these…
Good news: The Justice Department is finally recommending stiffer penalties for cyber-criminals that target companies' coffers. The Justice report to Congress, “The Role of Law Enforcement in Detecting, Investigating, and Prosecuting Criminal Activity Related to Digital Assets,” recommends doubling the…
B2B late payments can be a potential major pain point for your company, leading to late fees, missed opportunities for early payment discounts, duplicate payments when a vendor sends a second invoice for the same bill and other problems. Research…
With the first official day of fall almost here, your Finance team needs to start getting ready for year-end. And a good place to start is ensuring you're submitting accurate info to IRS about your independent contractors and that they…
It’s not surprising that your peers have a less optimistic outlook about the economy now than they did at the beginning of the year. In fact, only about 39% of CFOs surveyed by Grant Thornton in its Q2 2022 CFO…
The cost of everything’s projected to go up next year – including the healthcare plans you fund for your employees. A recent analysis from Aon can give you an idea of just how much you should expect to shell out…
Collecting outstanding debts and maintaining cash flow all comes down to the persistence of you and your Accounts Receivable (A/R) team members. Being seen as "persistent" in your industry is the ideal spot you want to be. On the other…
The Dept. of Labor (DOL) is still thinking about updating FLSA overtime rules affecting executive, administrative and professional employees. Based on the Biden administration’s regulatory agenda released on June 21, 2022, several reports indicate the DOL’s Wage and Hour Division…
If you're considering shopping around for a new commercial banking partner for next year, it may be because you need a banker that delivers value beyond simply managing your business's finances. Maybe you've sent out some requests for proposals to…
