Your A/P security best practices probably include a confirmation phone call whenever a vendor emails you that their bank info's changed. But because fraudsters are becoming more skilled at fooling businesses like yours, it's important to take the time to…
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During the pandemic, IRS expanded its options for resolving federal tax disputes to include video conferences for appeals. Now, it’s seeking feedback on permanent video conference guidance for tax appeals and other agency correspondence with taxpayers, which could be important…
Employee accountability in your organization is crucial when it comes to compliance with company policies and procedures, as well as keeping pace with revenue and performance goals. However, if you start talking about employee accountability in a meeting, you may…
If you’re having trouble finding new Finance talent, you aren’t alone: 88% of managers said it’s been challenging to find skilled professionals during the Great Resignation, according to new research from Robert Half. And the competition’s also never been as…
If you're like a lot of companies, your most recent audits of productivity and process efficiency may have shown signs that your Finance staffers are under increased pressure to handle more tasks in less time – and with fewer resources…
Summer’s winding down. And while it’s not time for Halloween just yet, your A/P pros should still be on the lookout for ghost vendors. Ghost vendors are illegitimate vendors that are entered into your A/P system for fraudulent purposes, typically…
Don't be surprised if an employee requests a temporary work-at-home arrangement because of a "vehicle situation." That "situation" may actually mean the person's car just got repossessed by the bank. Upwards of 15,000 cars and trucks months behind on payments…
The struggle to recruit and retain top talent has many employers at least considering upgrades to their employee benefits – including on-demand pay, flexible hours and resources for managing work-life balance – in order to avoid productivity loss, burnout and…
IRS has announced that interest rates will rise for the fourth quarter of 2022 – a decision that should come as no surprise based on the current state of the economy. Per the agency, the rates will increase for both…
P-cards are a cost-effective and streamlined method for making payments. But if you don't set adequate rules for procurement staffers, they open the door to misuse, waste and fraud. IRS learned that the hard way. Back in 2013, a Treasury…
As COVID restrictions continue to ease, business travel is increasing. Unfortunately, it’s also being impacted by the current economic climate – and you should expect prices to keep rising for the remainder of the year and the beginning of 2023.…
Energy use consumes between 30% and 35% of the average commercial facility operating budget. When you factor in fluctuating oil and natural gas prices, that percentage can change. Reducing usage can help. But some companies create new problems when they slash energy…
