TOPIC OF FOCUS: CASH MANAGEMENT
The changing landscape: Robert Half predicts 2014 salaries
U.S. salaries for professional occupations are projected to increase an average of 3.7 percent next year, with accounting and finance professionals seeing slightly less of an increase at an average of...
With VAT, it seems there is nowhere to go but up
In the Olympic games, spectators marvel every four years as contenders raise the bar, adding in higher jumps, more turns, faster speeds. The world’s value-added tax systems present that same kind of...
Make a time management audit part of your AR department's survival kit
With so much to do, credit, collection, and AR professionals need to make efficient use of their time. That's not an easy task considering the multi-faceted requirements necessary to manage the...
Weyerhaeuser AP team steps up to the challenge and transforms its process
The accounts payable team at Weyerhaeuser Company, one of the world’s largest forest products manufacturers, was humming along just fine. But a benchmarking project a few years ago indicated there...
All-volunteer Remittance Coalition works to simplify B2B transactions
When it comes to collecting payments from customers, most companies prefer — understandably — to be paid as quickly as possible. Even so, electronic methods that can cut days from paper payment...
Sorting it out: Cutbacks at U.S. Postal Service continue to challenge AR and AP
The U.S. Postal Service has undergone some dramatic changes in the past couple of years, and accounts receivable departments are bracing for the delivery of additional adjustments that will affect the...
Paperholics Anonymous: A 12-step program for kicking the paper invoice habit
Paperholism is a corporate malady afflicting AP departments across the globe. It is almost endemic in its scope! Many try to ignore the problem or pretend it doesn’t exist by saying things like,...
U.S. Bank partners with Chrome River to simplify expense management
Agreement gives U.S. Bank clients a new option for understanding and controlling corporate travel spend...
Mail service cutbacks leave AR and AP teams sorting out the issues
The U.S. Postal Service has undergone some dramatic changes in the past couple of years, and accounts receivable departments are bracing for the delivery of additional adjustments that will affect the...
Elavon and U.S. Bank address top travel-industry concerns: complexity of globalization and the cost of getting paid
Take me out to the ball game: Invoice exceptions and the 90:10 rule in accounts payable
If yours is a shop that processes invoices the old fashioned way — manual processing, predominantly paper — your AP staff probably spends 90 percent of its time dealing with errors and exceptions or...
Big Brother meets big data: Mandatory e-invoicing is on the march in Latin America
New government electronic invoicing mandates are sweeping Latin America, with hefty fines and even criminal penalties for companies that fail to comply. Brazil has led the way, and Mexico is expected...
Nominations being accepted for IRS advisory committee IRPAC
The IRS is requesting nominations for membership to the Information Reporting Program Advisory Committee (IRPAC), which advises the agency on administrative and reporting issues.
Paperless AR solutions are gaining traction and moving organizations forward
Although document imaging technologies have been facilitating receivables management for more than 25 years, it is only in the last decade that they have been gaining traction as holistic solutions....
Organizations have room to grow in use of recovery audits, study shows
Even though 85 percent of financial operations professionals surveyed said their organizations have performed some type of recovery audit in the past two years, most relied on in-house help for these...
Confirmation.com presented new audit teaching case at AAA conference
Brian Fox, CPA and a nationally recognized speaker on financial fraud, presented more than a dozen demonstrations of the new Simply Soups teaching case and the role electronic confirmations play in...
Confirmation.com assists auditors in uncovering fraud at China MediaExpress
