There are few things more frustrating and stressful for your finance team than when a vendor won’t fork over its Form W-9. And it’s something many finance teams deal with – especially this time of year. More than half (56%)…
Accounts Payable
Winter is coming up quick. And there are more than a few year-end deadlines Finance must meet to guarantee IRS compliance and avoid pricey penalties. For the Accounts Payable portion of your team, it's all about those precious 1099s and…
Ensuring sales and use tax accuracy is a job that generally falls to your finance team. And it’s a high-pressure job at that. If A/R doesn’t apply the right tax rate on invoices, issues are bound to ensue. Best-case scenario,…
Do you keep a close watch on how workers are paid and why? States are getting more serious about stomping out worker misclassification. And the financial toll for companies that make mistakes is eye-opening. The latest evidence: California just passed…
On any typical day, your Accounts Payable staffers are zoned in on paperwork and payments. But it’s essential for them to pause and take a big-picture look at your invoice process. Here’s why: More than a third (39%) of companies…
Sure, Accounts Payable is typically seen as a cost center. But as you set budgets for next year, there’s a viable opportunity to turn your department into a profit center through tracking A/P metrics. Simply put, A/P has a goldmine…
The relationships your department forms with trading partners can have a big impact on your financial success and well-being. When relationships are positive, you see more discounts, favorable terms and long-lasting partnerships. But when relationships struggle, you face late fees,…
You know how it works: One of your finance staffers receives an email from your CEO urging him to make an immediate wire transfer. He complies … and your company just fell victim to the classic business email compromise (BEC)…
Prepare your finance staffers now: Year-end may soon look different than it has in the past, thanks to the just-signed Taxpayer First Act. (more…)
Finance and Accounting just can’t catch a break from cyber-thieves! This time the keepers of your company pocketbook – Accounts Payable – are the targets of a new business email compromise (BEC) scam. (more…)
There's no shortage of tools that can help your Accounts Payable department improve its efficiency, but how do you tell which ones are worthwhile? In this guest post, Ralph Perdomo, a research analyst and writer at Nvoicepay, does all the work…
CFOs everywhere are looking for Accounts Payable (AP) to take on a more strategic role. However, in order to make this happen, finance pros need to find a way to take many of the repetitive, non-value-added tasks off AP's plate.…
