Finance News & Insights

The true cost of duplicate payments – and how to reduce your risk

In many cases, seconds are great. Second chances at love, second helpings at dinner … But second payments to vendors? Not so great. [Read more…]

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Yes, they actually tried to expense these things

No doubt you and your staffers have seen some questionable expense reimbursement requests cross your desks. And we’ve highlighted some pretty outrageous ones in the past. But folks just keep on trying to slip things through. [Read more…]

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New Fed ruling will change the way you pay independent contractors

You may be able to safely classify more workers as independent contractors, thanks to a new ruling by the National Labor Relations Board (NLRB).
[Read more…]

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Yet another BEC scam targets your finance department

Finance and Accounting just can’t catch a break from cyber-thieves! This time the keepers of your company pocketbook – Accounts Payable – are the targets of a new business email compromise (BEC) scam. [Read more…]

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Align A/P and Purchasing to lower costs, boost accuracy

Chances are, you’ve seen a fair share of friction can exist between A/P and Purchasing in the Purchase-to-Pay (P2P) process. [Read more…]

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IRS reveals major weak spots in companies’ year-end process

Every year, IRS puts out a roundup of ways to improve processes for various finance functions, including your A/P department.  [Read more…]

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More same-day ACH enhancements (with big perks) in the works

Same-day ACH will soon help your company pay others – and get paid – even more efficiently and securely. [Read more…]

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How to measure the true cost of paper checks in Accounts Payable

CFOs everywhere are looking for Accounts Payable (AP) to take on a more strategic role. However, in order to make this happen, finance pros need to find a way to take many of the repetitive, non-value-added tasks off AP’s plate. In this guest post, Brent Meyers, the vice president of national sales for Nvoicepay, explains just how employers can do that. [Read more…]

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Accounts Payable spends 84% of day on this non-strategic task

When it comes to the valuable commodity of time, most Finance workers simply don’t have enough. But for A/P pros in particular, that shortage is getting expensive. [Read more…]

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Why your A/P department needs a payments strategy

Finance chiefs need to think strategically about how they can get Accounts Payable pros to get rid of checks and set themselves up to take full advantage of the host of new payment technologies out there. To help, guest author Brent Meyers, the vice president of national sales for Nvoicepay, offers a step-by-step plan on how CFOs can make it happen. [Read more…]

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