Right now, as many companies deal with remote work and resulting process changes, the clarity of your A/P policies becomes even more important.
The Information Reporting Program Advisory Committee (IRPAC) just submitted a report to IRS, and that report includes recommendations that could make dealing with 1099s much easier for Accounts Payable.
Now may be a good time to huddle with your Accounts Payable folks and make sure they have everything they need to deal with the mad rush of this year’s 1099 season.
Wait! Before your Accounts Payable departments cuts another check for an independent contractor, you’ll want to take a look at two major court rulings that came out in recent weeks.
As if your departments didn’t have enough to do before Dec. 31, IRS has issued a slew of updates for the new year. No worries — you’ll find them all here.
Not only may Finance be processing more expense reports in the new year, those totals will also probably be higher.
Winter is coming up quick. And there are more than a few year-end deadlines Finance must meet to guarantee IRS compliance and avoid pricey penalties.
If you haven’t seen these behaviors yet, you probably will soon. Here’s how to handle it.
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.
Prepare your finance staffers now: Year-end may soon look different than it has in the past, thanks to the just-signed Taxpayer First Act.
Summer is quickly coming to a close, which brings the start of fall conference season … and more expense reports for Finance!
In these precarious and uncertain times, companies have cash flow top of mind and are looking for innovative ways to save money.
Whatever level of automation your Accounts Payable department is at, there are still basic invoice-processing principles most staffers need to follow.
No matter what’s going on in the world – even a global crisis – criminals won’t stop trying to infiltrate Finance and commit payment fraud.
Ernie Humphrey is a former VP and CFO who advises other finance leaders with his company 360 Thought Leadership Consulting. He’s got some good ideas for your Accounts Payable staff.
Sure, Accounts Payable is typically seen as a cost center. But as you set budgets for next year, there’s a viable opportunity to turn your department into a profit center through tracking A/P metrics.
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