In an economic climate where you might have to do some belt tightening, a cash leak from internal theft is unacceptable. However, according to Aaron Evett, director of implementation of the expense management and business budgeting software company Divvy, a lot of companies don’t realize how much money can be saved just by taking measures […]
Too many add-ons in an increasingly digital work environment can become overwhelming for some employees, leading to tech overload. A survey by contextual mobility management solution company TRUCE Software found: Almost a quarter (23.9%) of workers are concerned that they always need to be connected 7% are concerned about needing to learn new systems or […]
If workplace morale still seems like it hasn’t returned to pre-pandemic levels, it may be time to re-examine your company culture with your C-suite peers. In a presentation during the 2022 BambooHR Virtual Summit, Liz Weber, the CEO of Weber Business Services LLC, presented some compelling survey data from Gallup. Employees that believe their employer’s […]
Imagine that someone in A/P got fooled by a bogus invoice in a phishing email and paid hundreds of thousands of dollars to a cybercrook, but you didn’t find out about it until long after the fact. That’s what happened to the city government of Chester, Pennsylvania. A hacker posing as an insurance broker emailed […]
There are a lot of differing opinions about the economy right now because the indicators contradict each other. For example, inflation keeps reaching all-time highs, yet consumer spending is strong. Also, the GDP declined two consecutive quarters (but increased 0.6% for Q3 2022), yet employment continues to grow. Because of the unusual economic conditions, making […]
Ever wonder how strong your time-management skills are? Read these statements and grade yourself on a 1-5 scale, with a 1 meaning never and a 5 meaning all the time, and add them up once you’re finished. Prioritizing tasks. Throughout the day, I’m working on tasks that are high-priority or important enough that I should handle […]
A top priority for your Payroll and A/P teams at the start of 2023 will be processing 1099 forms and getting them into the hands of vendors by the January 31 deadline (the deadline’s Feb. 15, 2023 for Form 1099-MISCs that have data in boxes 8 or 10). As you know, not sending your 1099 […]
For many of your peers, the pandemic exposed areas of their financial systems that were out of date, especially when it came to month-end close. For example, research by Robert Half found almost seven out of 10 companies rely on spreadsheets to control financial close and cover any gaps in their reporting process (which are […]
When it comes to launching digital transformation initiatives to keep an organization competitive, Finance leaders like you are being counted on to be the sparkplug. The majority of CFOs and Controllers (92%) surveyed in the latest Digital Controller/CFO benchmark study by Controller’s Council said they manage their organization’s Finance and Accounting (F&A) technology and 61% […]
