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Remittance Coalition rewrites playbook with B2B directory

Has your accounts payable department ever opted for paper-based payment methods because you lacked the information necessary to pay electronically? The Remittance Coalition is changing the game.

Going global: Implementing AP processes internationally

Your organization may not yet be an international concern, but with globalization it could become one soon. If you are already global, there are countless reasons to implement consistent AP processes...

Has late payment culture spelled trouble for global businesses?

Defensive cash management may be more endemic in B2B transactions than previously suspected, with ramifications for buyers and suppliers alike, according to the results of a recent study by Basware...

What do coffee cups and lower exception rates have in common? The QR Code

Everywhere we go lately, there are these new, crazy-looking barcodes that are completely different from every other bar code we’ve seen. First of all, there are no bars. Instead, there’s a chaotic...

Look alert! How to spot and stop fraud on the shipping and receiving docks

The procure-to-pay cycle should be of particular concern to management because it constitutes a wide swath of business activity to leave vulnerable to the dirty work of dishonest employees or...

The FATCA Monster: Actually, not such a bad guy for most accounts payable departments

On July 1, the FATCA Monster finally came to life. Time to hide under the bed? Not really. FATCA isn’t likely to harm you. In fact, some of the byproducts of FATCA’s creation may make your life...

More than just accounting: the expanded role of a finance professional moving forward

Traditionally, finance employees deal solely with accounting and basic financial reporting, but these employees increasingly are being charged with new tasks as the world of financial accounting...

Meetings are wasting time, according to employees who responded to a new survey

How much time do you think you spend in meetings every month. Twenty hours? Thirty hours? More? Well, no matter how long it is for you, there's a good chance that a quarter of that time was wasted. A...

U.S. economy optimistic for hiring and spending growth in coming year

U.S. business executives have a positive outlook about what’s to come in the economy for the next year as hiring increases and business expands, according to the first-quarter AICPA Economic Outlook...

Do you know where your payments are going? Some fraud risks continue to grow

In today’s struggling economy, fraud is a greater threat than usual. But what kinds of fraud are most likely to worsen in this environment? More than you’d care to count. However, payments fraud ranks...
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