Fraud in the accounts payable (AP) department can have a significant negative impact on a business. It can lead to financial losses, damage to reputation, and legal consequences. To protect your company from such risks, it’s essential to learn how to prevent...
Finding new technology for your organization can be stressful and time-consuming, but with businesses always growing and changing, adding new technology is necessary in many cases. Choosing the right technology can help optimize operations and achieve strategic goals,...
For many businesses, relying on external vendors is essential, and ensuring these third-party partners adhere to your company’s standards and regulations is crucial. Here’s a five-step guide to ensuring vendor compliance: Conduct Thorough Vendor...
Vendor compliance is a cornerstone of a well-managed business, and keeping a close eye on your vendors to ensure compliance at all times is crucial to limiting your organization’s risk. What is Vendor Compliance? Vendor compliance is the process of ensuring your...
AI’s new roles in the financial back-office Traditionally, the financial back office has been filled with manual, time-consuming tasks. It relied heavily on processes such as paper-based record keeping, manual data entry, and labor-intensive reconciliation...
