New data shows the Great Resignation and war for talent is leading to C-suite burnout. The pressure your peers are feeling to keep employees from walking out is taking a toll on their mental health. Nearly 70% of C-suite executives said they’re seriously considering leaving their companies in favor of a role that better supports […]
As Finance prepares for year-end and you’re making budgets for next year, you likely have a lot of priorities you’re thinking about while you’re making strategic decisions that’ll have your company poised for success in 2023. In an era of economic uncertainty, your peers are also honing in on areas they see as crucial to […]
B2B late payments can be a potential major pain point for your company, leading to late fees, missed opportunities for early payment discounts, duplicate payments when a vendor sends a second invoice for the same bill and other problems. Research shows a notable number of A/P pros are struggling with B2B late payments. A recent […]
With the first official day of fall almost here, your Finance team needs to start getting ready for year-end. And a good place to start is ensuring you’re submitting accurate info to IRS about your independent contractors and that they receive all important tax documents. One of A/P’s crucial year-end projects is making sure Form […]
A recent poll of your Finance pro peers had 36% preparing their organization for a recession, 25% still deciding whether they should take steps to get ready and 39% not actively preparing for economic downturn. The poll was conducted during a webinar presented by financial planning and analysis platform DataRails. Opinions are so mixed because […]
The workplace has recently gone through drastic changes in response to the pandemic. While not every change will last forever, many are poised to make a permanent impact on how employers operate. Companies that want to keep their costs low, recruit and retain the best employees, and remain profitable will need to keep up with […]
If you’re considering shopping around for a new commercial banking partner for next year, it may be because you need a banker that delivers value beyond simply managing your business’s finances. Maybe you’ve sent out some requests for proposals to different institutions that offer different commercial banking products and services. But did they respond with […]
Your peers feel there’s a return on investment (ROI) for investing in family-friendly benefits that contribute to employees’ work/life balance. That’s according to an employer health and benefits strategies survey by Mercer. In this case, “family-friendly” means perks designed to support employees who are building and nurturing a family, as well as employees who are […]
Since the pandemic began in 2020, B2B cash application – the process of matching a payment from a customer to the corresponding invoice being paid – has been slow and inconsistent at times for many supplier companies. Part of it is caused by supply chain issues, part of it’s due to a remote workforce, and […]
