Time really flies when your finance department is busy charging, collecting and paying more sales tax, thanks to legislative changes.
Credit and Collections
If you have any smaller businesses in your customer base, you’ll want to check out some new cash flow benchmarks. And they come courtesy of a recent survey on cash reserves of firms with 100 employees or fewer by Expertise.com Small businesses were asked last month about their present cash reserves in the midst of […]
Your finance department probably has some trading partners that are fairly hands-off … and others that require more attention from A/P and A/R.
Take a look at those agings reports – you should be seeing the number of past-dues going down. Small businesses delinquency rates have dropped across several key buckets in recent months.
Ensuring sales and use tax accuracy is a job that generally falls to your finance team. And it’s a high-pressure job at that.
Right now, there’s a notable sales tax trend sweeping through states. And if your company hasn’t been impacted yet, it will be soon.
Your finance staffers watch for duplicates and other payment slip-ups all year long. But why should they be especially cautious this month?
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.
In many cases, seconds are great. Second chances at love, second helpings at dinner … But second payments to vendors? Not so great.