If you're still using paper checks for making vendor payments, be aware: Check theft crime is making a comeback. According to a cybersecurity research group at Georgia State University that monitors dark web activity, crooks can easily steal a business's…
Effective Practices
Fall is an important season for unclaimed property reporting. And it’s something Finance needs to start thinking about as summer ends. Many states have unclaimed property reporting deadlines in October and November each year. And compliance is crucial, since issues…
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…
A workcation - also known as "bleisure" travel - is when employees extend their business trip plans to enjoy sightseeing and other recreational activities. Allowing it is a good way to boost morale and encourage more employees to hit the…
Ever since the pandemic caused a shift to remote work, more employees value flexibility than ever before. And that’s caused some new productivity trends to take shape that you should know about. How flexibility affects employees' productivity To keep your…
It’s up to A/P to double-check vendor contract terms to make sure everyone’s sticking to them, as well as to handle the renegotiation of contracts. In order to be able to easily access contract documents, and not waste time hunting…
Business email compromise scams are still a costly force to be reckoned with. And your Finance team can't afford to let its guard down. For example, First Citizens Community Bank, which has locations in Delaware, New York and Pennsylvania, recently…
You’ll need to keep brainstorming with HR about how to avoid the high costs of turnover at your company, since a new survey from Robert Half shows the Great Resignation isn’t showing signs of slowing down anytime soon. Over 40%…
Conflict can happen in all corners of the workplace – even in Finance. Tension can occur between co-workers for a variety of reasons, such as clashing work styles. Then, there are disagreements that can arise between workers and supervisors because…
Because of how sophisticated cybercriminals have become, to protect your company's money and data, it may be wise to make risk assessments of your vendors' security protocols. This is especially true for new business relationships you may have entered because…
Diversity, equity and inclusion should be an important part of your hiring strategy at your company, and in Finance as well. Making the effort to be inclusive can draw in more talented new hires and help you grow your client…