Can you top these crazy reimbursement claims?
You and your Accounts Payable folks have probably seen some questionable things staffers tried to slip through on reimbursement. Bet they were never as bad as many of these!
You and your Accounts Payable folks have probably seen some questionable things staffers tried to slip through on reimbursement. Bet they were never as bad as many of these!
We’re all looking for ways to boost cash flow. And one of the best tools to do that may be under your nose as we speak.
If a recent survey by payables fintech provider Tipalti is any indication, finance automation is top of mind for most of your CFO peers. According to Tipalti‘s CFO, Sarah Spoja, when respondents were asked what they cared about most in the face of future-proofing for dramatically unpredictable world events and a challenging economic environment, three […]
The relationships your department forms with trading partners can have a big impact on your financial success and well-being. When relationships are positive, you see more discounts, favorable terms and long-lasting partnerships. But when relationships struggle, you face late fees, cut ties and maybe even costly lawsuits. Unfortunately, miscommunication and misunderstandings are common occurrences between […]
Has your finance team noticed more payment errors cropping up in the past year? If so, you’re in good company.
Accounts payable fraud happens at companies of all types and sizes, so it’s important to put checks and balances in place to avoid these issues. One small company learned that the hard way. After the company’s co-owner died, its comptroller was put in sole charge of the finances, according to Frank Rudewicz, a forensics accounting […]
Your A/P department’s master vendor file is a crucial part of managing your company’s supply chain assets, providing data for analysis of spend, payment methods, payment terms and rebates. But that data’s only valuable if it’s accurate and reliable. A master vendor file that contains complete, current and uniform data is also a tool for […]
Due to the coronavirus pandemic, your finance department has undoubtedly received some expenses that weren’t necessarily accounted for in your T&E budget.
If you’re like many of your peers, you’re looking for ways to make sure customers and clients stay loyal to your company in the new year and beyond. Digitizing your A/R and A/P departments is key to accomplishing this, according to new research from PYMNTS and Versapay. Per the Strategic Role of the CFO report, […]
Despite all the warnings your finance staff hears about email scams, it’s all too easy for them to forget those warnings during a busy workday.
In an uncertain and evolving world, digitization is necessary. Your A/P and A/R teams can’t be bogged down by outdated routines and mundane work.
Here’s new insight for your finance department on how to compliantly reimburse delivery drivers for their mileage expenses.
The high-tech future’s finally arriving in Finance departments all across the country, and e-payments are slated to take over.
Between internal fraud risks, cyberattacks and stolen checks, being on guard against fraudulent activity can become an all-day, everyday concern for your A/P department. For instance, the number of fraud complaints nationwide averaged 2,300 per day in 2021 (up from 1,300 daily complaints in 2019), according to the FBI Internet Crime Complaint Center’s (IC3) Internet […]
PayPal is making some updates to its business accounts that your A/P and A/R teams need to know about if you’re using the service to make and receive electronic payments with vendors and customers. Here’s a rundown of the changes. Business electronic payment limitations Effective July 28, 2022, PayPal users in the U.S. will only […]
Are you fully confident all the people at your company know exactly what phishing is? Is it possible some don’t even know the basic definition?
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