Finance News & Insights

The billing scam that cost 2 tech giants $122 million

If Facebook and Google fell for it, what chance do we have? That’s what you might be thinking after hearing a Lithuanian man just pleaded guilty to a slew of charges stemming from a billing scam that flooded these tech giants with fake invoices for a nine-figure loss.
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Are you putting yourself behind the 8-ball for vendor discounts?

Could your company be unnecessarily handicapping itself when it comes to getting invoices through the A/P process in time to earn discounts? [Read more…]

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Invoicing best practices: 7 strategies to move you up on the to-pay pile

You know that customers will jump on any excuse to delay paying an invoice.  And the invoices themselves can serve as a major one of those excuses. [Read more…]

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3 essential moves for successful collection calls

Getting cash from past-due customers has never been such a struggle. [Read more…]

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Startling stat makes strongest case yet for paperless payables

Paperless office? Probably not. But what if a very critical piece of Finance paperwork was getting lost in the shuffle? [Read more…]

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Vendor statments: The A/P best practice many firms don’t utilize

The monthly statements sent by vendors can be a tremendous resource for Accounts Payable. Problem is, most A/P pros aren’t getting all the info they can from them. [Read more…]

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What Finance wants, Finance gets — with these 3 phrases

Whether it’s getting a stubborn past due debtor to pay up or wrestling a taxpayer ID number from a vendor, Finance needs to be pretty persuasive. So who better to take some tips from than these folks? [Read more…]

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Unearth major A/P savings through 'In-sourcing'

Even if your firm can’t afford to outsource an audit of Accounts Payable, you can bring some of outsourcing’s most successful tactics into your processes. [Read more…]

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Get invoices off A/P's desks before year-end

Right now, A/P is probably scrambling to get all of those leftover invoices off of their desks before year-end. So now’s a good time to revisit the most efficient way to get it done. [Read more…]

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Master vendor file complete? Not without these items

The master file vendor is the most critical material AP has at its disposal. So it’s worth asking if your master vendor file has all the info it needs. [Read more…]

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