One trait of good leaders is they instinctively teach and train people so that eventually they’re ready to take positions of leadership themselves. While you probably aren’t trying to groom your successor, you might have someone in mind for a supervisor position, project leader or managerial position for some aspect of finance such as Payroll, […]
Sales and use tax shouldn’t just be the responsibility of your A/P and A/R departments. Although they’re the ones who are experts in sales and use tax liability, your sales and purchasing teams can support Finance by double-checking that the following terms are spelled out in all your contracts: Freight On Board (FOB), which determines […]
Some of your people may be excellent at problem solving. But even those team members can occasionally run into problems that seem so complex and overwhelming that they get stuck because they’re unsure about where to begin. That’s when it’s time to step back, reassess the situation and try some different approaches to problem solving. […]
CEOs, CFOs and departmental managers all get used to fielding “urgent” email and text message requests. If you’re like most finance pros, your inbox is at its fullest on Mondays with flagged and exclamation-marked messages needing your attention. (And the folks who are really desperate to jump the queue text you for an answer instead!) […]
It’s a good bet we’ll hear a lot about big companies laying off employees in the coming weeks. The latest example: Goldman Sachs just announced a purge of 3,200 employees. Yet there’s more of a sense of calm – even slight confidence – when it comes to staff retention and even hiring among decision makers […]
Now that you have a feel for what positions at your firm should be hybrid, you might be considering giving employees the ultimate work schedule flexibility – the ability to autonomously choose the days and hours that they work. Many of your peers have discovered that it’s an easy fringe benefit to add, and that […]
Companies’ databases, customer info and bank accounts are never safe from malicious attackers. The most common way in for cybercriminals remains via email. Email scams are getting more sophisticated, to make matters worse. Some companies’ employees are getting fooled by phishing sends that announce salary reductions and include file attachments. Recipients who click on the […]
Love him or loathe him, Elon Musk is dominating the business news cycle. When you’re rich enough to drop $44 billion on a bloated tech company like Twitter, people pay attention to what you say or do. Musk and his management team aren’t wasting time laying off entire divisions at Twitter. He’s refusing to pay […]
With business travel volume expected to return to 96% of pre-pandemic levels in 2023, now’s a good time to review your firm’s business travel liability risk. In a ResourcefulFinancePro webinar, Dr. Jim Castagnera, an attorney affiliated with the Washington International Business Counsel and arbitrator for the U.S. District Court for the Eastern District of Pennsylvania, […]
