News



News

PRESS RELEASE 05/01/2019 – ROCHESTER, MINN. — Metafile Information Systems and ACOM Solutions launch new, fully automated accounts payable invoice-through-payment solution. Metafile Information Systems, the company behind MetaViewer – a state-of-the-art paperless automation/document management solution – and ACOM Solutions, a leading B2B payment platform provider, announced today that they have entered into a strategic partnership to launch a new Invoice-through-Payment Automation solution. MetaViewer Paperless Automation increases efficiency by eliminating manual data entry and automating previously paper-based tasks, leading to substantial ROI and ...
A   NASA   investigation has identified faulty materials as the cause of two launch failures that cost the agency more than $700 million. The faulty materials, which were supplied by long-term agency contractor, Sapa Profiles, Inc (SPI) have been found to be part of a 19-year long scheme to defraud customers including NASA. In 2009 and 2011, two Taurus XL missions failed after the rocket’s fairing did not successfully separate on command. The failures resulted in the destruction of the agency’s Orbiting Carbon Observatory (OCO) and Glory satellites, a loss of more than $700 million and years of scientific work. Following the second failure, officials from ...
April 9, 2019 City treasurer Marian Simulik fell for a "fake CEO scam" and wired more than $100,000 to a fraudster last summer, according to a startling report from Ottawa's audit general released Monday afternoon. Many people receive suspicious emails asking for money, a practice known as phishing. But the scam perpetrated on Simulik is known as "whaling" because it targets big fish, like CEOs and chief financial officers. And that's what happen to Simulik on July 6, when she received an email that appeared to come from city manager Steve Kanellakos, asking her to pay a city supplier $97,797.20 US, currently worth about $130,000 Cdn. She searched the ...
Survey Shows Low Levels of AP Automation Among Dynamics ERP Users, Making AP More Tactical, Less Strategic than Peers March 14, 2018 NEW YORK –  Dooap , a leading Accounts Payable (AP) automation provider for   Microsoft Dynamics  environments, announced today that more than 75 percent of AP departments using Dynamics Enterprise Resource Planning (ERP) systems are not using an AP automation solution, according to results of a survey commissioned to  Ardent Partners . Because of the lack of automation, these departments are inundated with paper invoices and bogged down with tactical processes, missing out on the cost savings and efficiencies that automation ...

Why FLEETCOR Bought Nvoicepay

March 6, 2019 The B2B payments landscape is giant, so its problems and points of friction are behemoths, too. While the industry has opened doors to many new FinTech firms that tackle individual pain points of corporate payments, large-scale problems need large-scale solutions. That means solving B2B payment problems must be about more than tackling manual processes. After all, digitizing a complex process may take paper out of the equation, but still leaves all the complexity. For corporate and fuel payments company   FLEETCOR , collaboration is an essential strategy to addressing corporate payment challenges at scale. Most recently, the company announced ...
Integration enables expansive automation of unstructured data and scanned documentation with NEVA as well as NICE's unattended robots  March 4, 2019  Hoboken, N.J. – NICE (Nasdaq: NICE)  today announced that its  Robotic Process Automation  (RPA) platform now incorporates additional Artificial Intelligence (AI) capabilities to rapidly streamline the processing of unstructured data contained in scanned documentation. As an expansion of its existing partnership with ABBYY, the integration of FlexiCapture Distributed delivers an innovative, end to end processing solution that uniquely and seamlessly integrates with  NEVA  (NICE Employee Virtual Attendant, ...
The Internal Revenue Service (IRS) has released its  2019  standard  mileage rates to use when calculating deductible costs of operating an automobile for business, charitable, medical, or moving purposes. Beginning on January 01,  2019 , the standard  mileage  rates will be increasing. In Notice  2019 -02 , the new rates are listed as: 58 cents per mile driven for business 20 cents per mile driven for medical purposes 20 cents per mile driven for moving purposes 14 cents per mile driven in service of charitable organizations The IRS states "It is important to note that under the Tax Cuts and Jobs Act, taxpayers cannot claim a ...
New Columbia Business School study finds that 26 percent of perpetrators of financial reporting misconduct – largely CEOs and CFOs – experience an overall gain October 25, 2018 NEW YORK – Deterring improper behavior starts with implementing consequences that outweigh the risks. But in the world of financial reporting misconduct, new research that examines the most serious cases of misreporting finds that nearly 26 percent of perpetrators experience an overall net benefit – even after they get caught. Given that the risk of detection is also only 25 percent, then more than half of perpetrators – most often the CEOs and CFOs of major companies – ...
Empowering Professionals to Take Advantage of Automation to Focus on Strategic Advisory Services   October 23, 2018 MIAMI  – In today’s world, where data is growing exponentially, and emerging technologies are transforming the way we work, tax and accounting professionals have an opportunity to leverage intelligent insights to improve client satisfaction and increase business opportunities. During the  CCH Connections User Conference , Wolters Kluwer Tax & Accounting (TAA) showcased  CCH Axcess™ iQ  the ground-breaking solution that leverages artificial intelligence and predictive analytics to empower firms to turn today’s rapid pace ...
February 02, 2017 WASHINGTON – The Internal Revenue Service, state tax agencies and the tax industry issued an urgent alert today to all employers that the Form W-2 email phishing scam has evolved beyond the corporate world and is spreading to other sectors, including school districts, tribal organizations and nonprofits. In a related development, the W-2 scammers are coupling their efforts to steal employee W-2 information with an older scheme on wire transfers that is victimizing some organizations twice. "This is one of the most dangerous email phishing scams we've seen in a long time. It can result in the large-scale theft of sensitive data that ...