Many of the vendors you work with may be among the more than 2,300 U.S. businesses that accept the cryptocurrency bitcoin, according to a report from Deloitte. There may be even more businesses exploring cryptocurrency right now because, unlike cash,…
Strategy
The hybrid work environment has many companies re-evaluating the cost-effectiveness of their real estate strategy. You may have noticed a major shift in work patterns in some industries: more telework and less five-day, in-person work environments. As a result, office…
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…
Your Finance team, particularly staffers from other departments that have been assigned Payroll tasks, may still be adjusting to Tax Cuts and Jobs Act changes that went into effect in 2020. For instance, there are now six worksheets that take…
Supply chain financing has become popular among businesses like yours, and the Financial Accounting Standards Board (FASB) has taken notice. A new rule approved by FASB's board on July 20 means you'll have to disclose information on any supply chain…
To prevent rising interest rates from taking a bite out of the bottom line, your peers could be considering an interest rate hedging strategy in order to keep the rates low on variable-rate business loans and stabilize cash flow. Because…
With inflation's impact on the costs of raw materials, commodities, labor and shipping, trying to control costs at your organization may feel like you're climbing up a downward-moving escalator. But even with higher supplier prices across the board, it's possible…
How’s your professional relationship with your CIO right now? A recent Gartner survey shows that many of your peers are struggling to work closely with their top IT execs because they aren’t seeing eye to eye for various reasons. A…
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…
A significant majority of your peers (90%) agree that intelligent automation will help them overcome post-COVID business challenges, such as workforce shortages, supply chain disruptions, controlling costs, boosting revenue and maintaining a competitive advantage. That's according to the 2022 Intelligent…
Your peers are feeling less optimism about the economy as prices stay high this quarter, according to the latest results from The CFO Survey, a collaboration between the Federal Reserve banks in Richmond, VA, and Atlanta, and Duke University. In…
If employee feedback on their managers' performance seems wildly contradictory from one person to another, the problem might not be flawed data. For example, if some staffers say someone's a micromanager, while others say they need more guidance from that…