3 year-end tasks now for a smoother December
You may still be thinking about your summer vacation – or may even be on it! but before you know it, year-end will be upon us again.
You may still be thinking about your summer vacation – or may even be on it! but before you know it, year-end will be upon us again.
In grade school you may have been told “never mind what your neighbor is doing,” but smart finance pros know that keeping an eye on what their peers are doing is smart business.
Hard to believe it’s that time of year again. Before you get completely consumed by year-end tasks, check out these best practices from your peers.
It’s no one’s favorite job, but accounts need to be reconciled, and Finance has to do it.
Whether your year-end closing is this quarter or still months away, your Finance team needs a strategy for keeping stress low and productivity high while generating those annual balance sheets, profit and loss statements and cash flow statements in case there’s an external audit. Calculating the fiscal year’s business expenses, income, revenue, assets, investments, etc., […]
Year-end close is when many finance teams are vulnerable to burnout from a seemingly endless, high-priority to-do list of generating annual balance sheets, profit and loss statements and cash flow statements. So if your year-end closing is this quarter, or if it’s almost here, and your people seem frazzled, this is a good time to […]
As if your finance department wasn’t juggling enough paperwork right now! IRS has been on a form-generating blitz to update key documents for 2015 and beyond.
There’s plenty of hoopla about what your company is in for in 2014, following the passage of healthcare reform. But there’s a lot that will change even sooner.
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 […]
For many of your peers, the pandemic exposed areas of their financial systems that were out of date, especially when it came to month-end close.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 […]
Spend management means having visibility into your company’s procurement, expenditures, and business and travel expenses. Not having it, or relying on old spend data, can spell trouble for company revenue. But according to the experts at PYMNTS.com, most small businesses still use a time-consuming manual approach to spend management. For instance, employees have to be […]
In the wake of Trump’s Executive Order instructing Congress to do whatever was legally necessary to “repeal and replace” Obamacare, little has been said about how long such a move will actually take — until now.
The stats are daunting: 71% of companies were hit by payment fraud last year.
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