How’d she do it? Small-biz finance exec steals $34 million
15-year veteran of the accounting department, served as VP of Finance … all while embezzling more than half the small company’s pre-tax profits! It can happen.
Payments and Transactions
Keys to cashing in on p-card rebates
In the never-ending quest for savings, many companies are taking advantage of the rebates programs offered through their p-cards.
Accepting credit cards? 4 ways to keep fees low, collections high
A majority of businesses are now accepting credit card payments from companies — but how often?
3 areas where you’ll feel the financial reform bill first
The financial reform bill’s basically a done deal. So how will it change your day-to-day job?
Reform's changes to flex accounts affect you and your staffers
Heads up: You may want to let staffers know time is running out for them to use flexible spending account (FSA) money on over-the-counter medications like Tylenol or allergy pills.
Preventing the No. 1 billing error: Is automation the key?
Sure, simple keying errors are bound to happen. But with almost three-fourths of all improper payments resulting from these types of mistakes, it’s worth taking some extra steps to prevent them.
5 keys to error-free invoice processing
Whatever level of automation your Accounts Payable department is at, there are still basic invoice-processing principles most staffers need to follow.
Improper payments: How to avoid 3 top AP problems
Scary thought: Financial loss from “improper payments” has affected almost half of your peers.
How automated is your AP department?
Almost all AP departments have some degree of automation but, for many, there’s plenty of room for more.Â
