TOPIC OF FOCUS: OUTSOURCING (BP0)
IRS releases updated FATCA 1042-S, 8957 draft forms for 2014 year
Can outsourcing and offshoring go the distance? Study looks at future of both
Although outsourcing and offshoring are not universally applied approaches for handling financial operations functions, a small but significant percentage of companies use them, according to results...
Outsourcing some AP functions can improve performance and add value
As companies search for ways to improve overall performance and create added value, outsourcing non-core business processes such as low-value functions in the AP process is a perfect place to start.
Sometimes it pays to hire an outside debt collector
Economic growth may mean at least a modest rise in sales, but that can be accompanied by a bump in accounts receivable outstanding. Some companies are turning to outside help.
Study: Procurement teams don’t mind outsourcing — but only certain tasks
When it comes to outsourcing, procurement teams in large and midsize companies want to keep their supplier relationship work in-house but are open to "buying" high-level skills they don't necessarily...
What keeps your CFO awake at night?
CFOs have evolved from counting house foremen to cash cardiologists, keeping the lifeblood of the company flowing.
Measuring performance in AP: A new productivity index
The AP Productivity Index, announced in May, is the first tool of its kind to gauge ...
The cost recovery revolution
In recent years, the world of cost recovery has been redefined by a revolution in technology and attitudes that have spread its benefits more widely – and even made them more welcome – in AP...
Outsourcing: It’s no longer a dirty word
Outsourcing in AP is growing at about 17 percent annually, with data capture and payment processing the most commonly outsourced functions.
2011 - Accounts Payable Automation Study (sponsors: see report)
This survey takes a deep dive into the adoption of emerging technologies and best practices in accounts payable (AP) automation. The findings of this annual survey provide readers with unique insights...
When to outsource AR functions — and when not to
The decision whether to outsource AR functions is driven as much by the need to enhance competitiveness through gaining access to cutting-edge automation as by simple cost-cutting considerations.
New Billtrust website to help businesses unlock hidden value in the billing process
Lawsuit says offshoring call center violates Bank of America customers' privacy
By allowing offshore operations to handle its call centers, Bank of America is putting its customers' financial information at risk, a class-action lawsuit alleges.