If you’re not using this tool, it’s time for a switch
More of your peers are using electronic payments like ACH, but you might be surprised at just how much it’s growing. Use of ACH is up nearly 19% over last year, according to NACHA, The Electronic...
View ArticleHidden risk telecommuters pose to your controls
Thanks to sky-high gas prices, more workers are allowed to work from home on occasion. A welcome perk, but if it happens at your office, you’ll have to do extra work to ensure your info and controls...
View ArticleFraud prevention spending up — is it working?
Banks are stepping up their efforts to prevent fraud. The question is: Will you see any benefit? According to a new survey by Gartner, 60% of banks are planning to spend more on fraud prevention and...
View ArticleP-card best practices: Is your company on board?
Done right, company purchasing cards can save you tons of time and headaches. But few companies really do it right. Inefficient procedures, lack of company-wide usage, etc., can curb the value of any...
View ArticleLess A/P paper guaranteed by 2010: Here’s why
Ready or not, here they come: E-invoices are expected to outnumber the paper versions by 2010. That’s according to a report by PayStream Advisors. Although e-invoices are still far more common among...
View Article#1 way employees can reduce travel costs
Corporate cards save you time and reap hefty rebates for the company. So why do so few travelers comply? The answer: Airline miles — and hotel points, cash back offers, or any number of other perks...
View ArticleAre you on board with the latest payment trend?
P-cards aren’t just for the big boys anymore. Their use is growing fast — and will for some time, for one very good reason. Total spending on purchasing cards is expected to grow 12% per year between...
View ArticleE-filing wave gains more momentum: Are you on board?
Companies using e-filing for their federal tax returns set a new record in ’08. Just under 2 million corporate and partnership income tax returns were filed electronically — more than 50% more than the...
View ArticleSSA allows e-submission of special wages, eliminates disks
If you have any special wage payments (SWPs) to submit, make sure you know which options are still available to you. SSA now accepts SWP information via its Business Services Online program. You can...
View ArticleWhy a new Form 1099 is in your future
The feds are shaking up up your well-oiled Accounts Payable procedures. A just-added section of the Internal Revenue Code (Sec. 6050W) is radically changing how payments made via credit cards,...
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