Accounting

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

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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Money. You need it, your suppliers need it, and it is becoming harder to come by. Accounts payable departments and their suppliers have opposing strategies for ensuring they have access to capital.

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Are you leaving money on the table? You are – if you are not properly managing your debit balances. A debit balance occurs when the total of deductions on an account exceed the invoice total. While

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“Cash is King” is a phrase often used to describe what truly matters when managing a company and reporting its financial results to its stakeholders. Each department in a company directly or… Read More