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Learn MoreFully integrated, automated payments! A dream goal for many CFOs and controllers. Imagine how much more mission-critical work finance staffers could dig into? Here's a reality check: If you're still in the process of transitioning from manual to automated processes,…
Ever wondered why Excel features a currency format as well as an accounting format? You're not alone. The reason is, creating Excel spreadsheets that contain currency like an income statement or a balance sheet can be difficult to organize. The…
Ever-growing postage rates are driving companies to digitize as much as possible. A record-high rate hike set for July 14 is going to impact companies that rely on the mail to do business. The U.S. Postal Service (USPS) announced it…
Let's be real: The enthusiasm behind real-time (or instant) payments stems almost entirely from the seller's side of B2B. After all, whether we're talking about a mom-and-pop vendor or a multinational corporation, who doesn't prefer getting paid sooner rather than…
Financial professionals who can read a chart are rightly worried about the long-term economic health of the U.S. To quote the late, great economist Herbert Stein, "If something cannot go on forever, it will stop." Try telling that to the…
After the flood of new e-commerce sales tax rules in the five years since the South Dakota v. Wayfair Supreme Court decision, this may be the year when more economic nexus laws finally start getting simpler. The Streamlined Sales and…
Crooks have more tactics for committing payment fraud at their disposal than you think. For example, these are just the different types of phishing attacks being used to exploit busy A/P staffers and steal money and sensitive data from companies:…
Whether they're triggered by criminal fraud, duplicate charges, a technical glitch or a dissatisfied customer, credit card chargebacks can become a nagging pain point for A/P and a disruptor to the efficiency and profitability of your business. In fact, Mastercard…
The big January 31 filing deadline for Form 1099-NEC is almost here! Organizations must not only put Form 1099-NEC into the hands of payees by that date, the IRS needs its copies of the returns by Jan. 31 as well.…
The emergence of A/P automation software in recent years has been the catalyst of significant transformation of the accounts payable function at many companies. With workdays less consumed by mundane, manual data entry and processing of paper invoices, finance team…
What experts are saying the top business finance trends will be for the upcoming year may sound familiar. They're worth highlighting because companies that are able to adapt to these finance trends are most likely to be well-positioned for success…
The success of Finance depends on an accurate and efficient A/P department. That includes every step of invoice processing - receiving, validating, capturing and coding data, matching to purchase orders and receipts, routing through approval workflows, etc. In today's business…
Resourceful Finance Pro, part of the SuccessFuel Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day's headlines, Resourceful Finance Pro delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.
