You and your team are numbers people, so it’s pretty obvious when the amount of a payment doesn’t match what you’ve billed. Enter the payment variance. Some can be resolved in a few seconds (when it’s a simple math mistake);…
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Quick: What would you say is the biggest threat that could derail your business in the coming months? Unfortunately there are no shortage of them – if you ask your fellow finance pros. The Association for Financial Professionals’ (AFP) 2021…
To keep your hiring process from draining your budget, it’s important to work closely with HR to retain and recruit talent cost effectively. But since most HR pros aren’t numbers people, they might not know what areas to review with…
Expense report automation solutions on the market can free up your finance staffers by eliminating inefficient manual/Excel procedures that they may be using to process employee expenses. Automation solutions with optical character recognition technology can even eliminate the need for…
New research proves just how critical it is for your company to keep moving toward electronic payments via ACH – and how expensive it is to keep cutting paper checks. Data from the 2022 Payments Benchmarking Survey, released by the…
By now, you’ve heard about Russia’s invasion of Ukraine. What we’re still waiting to see is how the war between the two countries will impact the economy. While the strongest effects will likely be felt abroad, the conflict is poised…
Will your company’s complex hybrid work arrangements be sustainable for the long term? After all, you have mix of workers in-office, full-remote workers and others dividing their work hours between home and office. If you aren’t 100% sure, RobertHalf.com says…
Paying overtime can be costly -- and depending on your timekeeping policies, it can be an expense that catches you off guard. A February 2022 court case provides an example. The issue in the case was whether supervisors at one…
Got an Excel attachment in your email? Double-check it before downloading - it could be infected with malware. In its 2021 Q4 Threat Insights Report, HP’s Wolf Security service detected a dramatic 588% surge in computer and network malware infections…
While it’s fairly straightforward to establish the right benchmarks and key performance indicators (KPIs) for your Finance team, it might be trickier to put them into practice correctly. Here’s what the experts suggest to help you and your team boost…
You know that increasing electronic payments and decreasing paper checks streamlines your company's finance operations in a big way. But what about those vendors your company works with that still don’t accept e-payments? How can you win them over? Electronic…
From the demands of staying in compliance with so many new laws to the abrupt changes the pandemic dropped on workplaces, many finance pros have noticed their departments’ stress levels have significantly increased. And of course, chronic stress puts employees…
