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Learn MoreDue to the worldwide pandemic, your finance team has really been put to the test lately, especially concerning its payments process. It’s had to keep invoice and payment workflows on track, often in new remote environments or with unexpected procedural…
To deter financial loss, CFOs have to keep a pulse on expense fraud. And one great way to do that is to hear right from the employees committing the crimes. Modern fraudsters are using more sophisticated tactics and going highly…
In these precarious and uncertain times, companies have cash flow top of mind and are looking for innovative ways to save money. In fact, 75% of companies said their top concern due to the coronavirus is the financial impact, per…
Be sure that your finance staffers are on guard, no matter where they’re currently working, because new scams are spreading during COVID-19. You’re likely well aware that criminals are using the pandemic to trick people and businesses. And it’s gotten so serious…
In an uncertain and evolving world, digitization is necessary. Your A/P and A/R teams can’t be bogged down by outdated routines and mundane work. These current times, when companies have been forced to think fast and take operations remote, are…
An international pandemic has turned the world upside down, and your accounts payable department is largely feeling the impact. The coronavirus (COVID-19) has been declared not only a pandemic but a U.S. national emergency. It’s forced people – and businesses…
Springtime is fast approaching. And, as Finance knows, so are unclaimed property deadlines in many states across the country. But this spring’s not just like any other. There’s been an increase in auditors working on behalf of states to ferret…
In today's corporate climate, strict vigilance for expense report fraud is becoming even more important for your finance department. Nearly one in five U.S. occupational fraud cases involve expense reimbursement, reports the Association of Certified Fraud Examiners. Right off the…
The high stakes and long hours around year-end can take a toll and cause burnout for even the most hardworking, persevering finance department. For weeks, A/P is busy verifying vendor information and finalizing 1099s. Payroll is double-checking IRS instructions and…
Whether your finance department is ready or not, globalization is spreading and international payments are steadily increasing. In 2019, 83% of companies sent cross-border payments, according to a new report from Levvel Research. That’s a 10% increase from 2018. And…
Of all the strict IRS requirements your finance team strives to meet at year-end, accurate 1099s and W-2s hit the top of the list. The good news is, Finance has really stepped up its game on that front. In fact,…
The high-tech future's finally arriving in finance departments all across the country, and e-payments are slated to take over. Check payments now account for less than half (42%) of all business-to-business transactions, according to the 2019 AFP Electronic Payments Survey…
Resourceful Finance Pro, part of the SuccessFuel Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day's headlines, Resourceful Finance Pro delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.
