Accounting

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Like contestants competing for the number one spot on a television game show, businesses everywhere are continuously fighting to stay on top, build a plentiful jackpot, and make it to the next round

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By Elizabeth Blackman, AP Internal Auditor "If AP is not audited on a regular basis, staff may develop workarounds that are not efficient," says AP Internal Auditor Elizabeth Blackman, NYU Langone

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Although IOFM research shows that more than 99 percent of all accounts payable transactions are handled correctly in most organizations, some payment errors do inevitably occur—even when

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"Once a business encounters budget-related issues such as version control, complex macros, formula errors, and the inability to consolidate input from a wide range of participants, it begins to make

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According to a recent survey conducted at the CFO Leadership Summit, financial professionals believe the biggest challenges they face with their financial systems are a lack of real-time reporting

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In a recent study, Aberdeen surveyed more than 100 companies on the subject of archiving, managing, and retrieving legacy data. According to Aberdeen’s research, “best-in-class” companies can… Read More

Cash is king. While this phrase has become one of the most worn-out clichés in the business world, it doesn't diminish the truth of the statement. A business is not a business without cash. Cash

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Any effective cash management strategy must include consideration of the accounts payable function. Unfortunately, the tactic most companies employ as soon as cash gets tight is for upper management

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When reimbursing employees for the business use of their personal cars, there are different methods you can use. You can reimburse actual costs, but you’ll need detailed substantiation and

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Written Up According to the Oakland Tribune, a state audit found that because certain employee perquisites were paid through the school’s AP system rather than through payroll, not all taxable

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