This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
According to a recent study by US Bank, poor cash flow management is the reason for business failure more than 80 percent of the time, and it’s especially common with small businesses. That means there’s a good chance your clients may feel desperate for help when they visit your accounting practice. This puts you in an excellent position to offer advice as well as add-on services.
If you or your company are being audited by the Internal Revenue Service, this is when proper IRS tax audit representation can help. Unfortunately, too many people believe that such representation is either unnecessary or having their CPA is good enough. And while having a trained tax preparer, an accountant, or even a CPA is beneficial, that all changes when the IRS decides to conduct an audit.
It’s what WeChat and Alipay already are in China, and what LINE is in Japan. Rappi follows suit in Latin America. It’s what Grab and Gojek are investing hundreds of millions of dollars to become in South Asia. It’s Facebook’s global ambition, with or without Libra and Calibra. It’s the path that Amazon, Google and Apple are blazing for its users, too.
In recognition of their significant impact on our clients, our people, and our communities, we are pleased to announce our seven newest directors. In addition to being driven and talented, these individuals provide innovative solutions and superior service to help their clients achieve their goals. In short, they exemplify KSM’s values.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
With jewelry as one of the fastest-growing businesses in the luxury sector, Tiffany & Co. has received an offer from LVMH Moët Hennessy Louis Vuitton. The French firm sent the company’s officials a letter that reportedly outlined an all-cash, $120-per-share takeover bid that would value the firm at nearly $14.5 billion, The Wall Street Journal reported.
During the Middle Ages, payday was a yearly event wherein the local landlords and their peasant workers settled up for the previous year’s work and drew up terms for the next year. As industrialization displaced feudalism, pay cycles evolved to monthly. The modern era ushered in the notion of a weekly or bi-weekly pay cycle, which remains the norm for most U.S. workers today.
Venmo, the peer-to-peer (P2P) payments platform from PayPal, is rolling out a cash-back rewards program for its Venmo Mastercard debit card at certain retailers, Venmo announced in a press release on Tuesday (Oct. 29). Venmo Rewards is now offering 5 percent cash back at Target, Sephora, Chevron and Papa Johns, and 4 percent cash back at Dunkin’, Sam’s Club and more for a limited time.
Venmo, the peer-to-peer (P2P) payments platform from PayPal, is rolling out a cash-back rewards program for its Venmo Mastercard debit card at certain retailers, Venmo announced in a press release on Tuesday (Oct. 29). Venmo Rewards is now offering 5 percent cash back at Target, Sephora, Chevron and Papa Johns, and 4 percent cash back at Dunkin’, Sam’s Club and more for a limited time.
If Q3 2019 quick-service restaurant (QSR) earnings are any indication, restaurants’ rush to digital and mobile ordering is benefiting many — but not all — restaurants. What’s the latest news in the quick-service world? Dunkin’ just announced the addition of on-the-go mobile guest ordering. The new feature allows any customer — not just Perks members — to place a mobile order via the Dunkin’ app.
Cross-border payments firm Western Union has rolled out full application programming interface (API) access to domestic and global payment applications, the company said in a press release on Monday (Oct. 28). This new set of APIs offers users a way to “integrate their financial institutions, accounting and enterprise resource planning ( ERP ) systems and their account on GlobalPay,” according to the release.
Katz, Sapper & Miller’s Josh Malarsky and Katie Culp will speak at the Indiana Apartment Association’s 2019 Multifamily Industry Summit. Taking place Nov. 19 in Indianapolis, the annual summit is a can’t-miss opportunity for multi-family real estate executives, developers, regional level staff, and management to hear about trends and developments in the marketplace from local and national experts.
During the Middle Ages, payday was a yearly event wherein the local landlords and their peasant workers settled up for the previous year’s work and drew up terms for the next year. As industrialization displaced feudalism, pay cycles evolved to monthly. The modern era ushered in the notion of a weekly or bi-weekly pay cycle, which remains the norm for most U.S. workers today.
Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.
The artificial intelligence-based accounts payable company Stampli has raised $25 million in a Series B funding round, the company announced Wednesday (Oct. 30). The round was led by SignalFire, and Hillsven Capital, Bloomberg Beta and NextWorld Capital participated in the round. So far, the company has raised $32 million. The money will be used for expansion and the creation of new products.
Payments company Square has announced the completion of a deal to sell food delivery service Caviar to rival delivery company DoorDash, according to a release. The sale was completed on Thursday (Oct. 31), for a combination of DoorDash stock and cash worth $410 million. Square will include Caviar in its financial results through the month of October, but not after the sale.
The drive to become a “borderless business” has its challenges. Many of them are technical in nature, as firms — especially FinTech firms and traditional financial institutions (FIs) that want to bring digital payments to new markets — must navigate new relationships with multiple payment processors on a market-by-market basis to gain that acceptance.
Workers of the world, unite. You have nothing to lose but your blockchains. Marx makes his mark, then, in the digital age. News came this week that, as reported via CoinDesk, in China there’s a new app, tied to blockchain, that lets Communist party members attest their party loyalty. In a decentralized and immutable fashion, of course. The Communist Party of China (CPC) debuted the app, which the report said translates to “Original Intentions Onchain.
As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R
iPhone growth continues to look sluggish, but Apple’s earnings report was a mostly story about growth once one got away from the figures on the firm’s flagship product. Particular areas of strength were Apple wearables and the services business line. On the whole, Q4 was a strong enough showing that investors were satisfied and Apple stock price was up slightly in after-hours trading.
Seven years ago, when Visa first started working on bringing contactless payments to London’s Mass Transit system, the landscape for tap and go cards looked very different. The technology, Visa’s Global Head of Urban Mobility Nick Mackie told Karen Webster in a recent conversation, was still in its most nascent stages of deployment — outside of Europe the contactless cards essentially didn’t exist, and within Europe 1 out of every 400 payments in Europe made via contactless.
Google has reached a definitive agreement to acquire wearables brand Fitbit, Google said in a press release on Friday (Nov. 1). Google is paying $7.35 per share in cash for Fitbit, valuing the company at about $2.1 billion, various news outlets reported. “Over the years, Google has made progress with partners in this space with Wear OS and Google Fit, but we see an opportunity to invest even more in Wear OS as well as introduce Made by Google wearable devices into the market,” Google’s Senior Vi
While money cannot buy love, it can be a relatively good measure of love in some cases — particularly when looking at consumer spending. When vast sums are being expended in an area, odds are usually good that represents something someone loves — or minimally, something they feel incredibly strongly about. And by this measure, Americans love their pets.
Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
More consumers want faster disbursements through digital channels for more complex financial transactions, and they want that functionality available now. Merchants and disbursements providers need to innovate quickly to stand up against their competitors, many of which are smaller FinTechs or startups that can capitalize on the host of customers that near-exclusively transact and receive money through digital and mobile devices.
A new survey from J.D. Power suggests small businesses have begun to embrace mobile banking and are satisfied with the service. Released on Thursday (Oct. 31), the J.D. Power 2019 U.S. Small Business Banking Satisfaction Survey found an 8 percent year-over-year increase in the percentage of small businesses that use their bank’s mobile banking app (61 percent in 2019, compared to 53 percent in 2018).
The self-driving future is not exactly here yet, but it’s coming quickly, at least based on some of the most recent moves in this space – a space that will impact payments and commerce much more as time goes on. The latest news comes from Waymo, a Google sibling owned by Alphabet. According to a report from Reuters , Waymo has “begun offering fully automated rides, without attendants in the vehicle, to a few hundred early users of its robotaxi service in Phoenix.
Worlds are colliding when it comes to payments and commerce. One of the most recent examples of that movement comes from Walmart , the venerable retail chain locked in mortal combat with Amazon, and Green Dot, the 20-year-old payment services provider that has managed to not only survive in a cutthroat industry, but innovate and thrive. The two companies already have a payments partnership, one that involves Walmart MoneyCard program and which launched in 2006.
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Mastercard is expanding its offering to small business cardholders in collaboration with Microsoft. In an announcement on Monday (Oct. 28), Mastercard said its small business cardholders will now gain access to a range of Mastercard enterprise solutions. For users of Mastercard Business and Mastercard Business World Elite products, Mastercard will connect U.S. small business clients to Microsoft 365 and Microsoft Advertising. “We’re committed to delivering a solid foundation of benef
A decade ago, an antiques dealer with a shop in Kenya couldn’t have imagined selling to customers in the U.K., or anywhere outside the confines of the domestic market in which their shop was located. Now, with the tap of a keyboard or click of an app, selling to customers outside one’s domestic market is not only possible, but has become vital for the antique shops, jewelry makers, artists and millions of small businesses (SMBs) in developing and emerging economies that see the world as th
China’s congress has passed a cryptography law to promote crypto development and ensure sound cybersecurity, according to a report from Xinhuanet , China’s news agency, on Saturday (Oct. 26). . The law will regulate the use of cryptography, facilitate the cryptography business and establish cybersecurity, according to the NPC Constitution and Law Committee , the news agency reported.
For retailers new to self-checkout (SCO) or those that have used it for years, there’s a gold mine in the most basic SCO data that includes whether consumers are paying by card or cash, the basket size and how lines build up at the register or at the kiosk. Data tells a tale, in other words. But no two stores are exactly alike, and automating the retail experience comes as a balancing act between examining the data and observing what’s happening in the field (OK, the checkout line) in real time.
Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!
In the flurry of payments innovation, it can be difficult to remember that legacy tools remain commonplace, especially in corporate payments. Take the lockbox, for example. It’s a service designed around the ubiquity of the paper check, and with checks still a popular payment tool in B2B transactions, lockbox services remain in high-demand. One of their biggest benefits for users is not only its ability to offer a secure location in which to receive paper checks; the lockbox is also critical to
If one were looking for a simple phrase to describe the theme of Western Union’s Q3 earnings report on Thursday (Oct. 31), “pleasant surprises” would probably be the way to go. Western Union (WU) reported adjusted quarterly earnings of $0.49 per share, beating the Zacks consensus estimate of $0.47 per share. The beat represents WU’s first in four quarters.
Sorry, Halloween — you offer so much fun and so much decadence. But these days, at least when it comes to payments and commerce, you are becoming just a stepping stone to the holiday shopping season. And as that all-important season approaches — have you seen your first Christmas-themed commercial yet? Merchants of all types are racing to gain an edge so they can increase sales and perhaps breathe easier for a little bit come January.
Mobile payments startup Stripe announced its official launch in Mexico, the second-largest economy in Latin America. While retail eCommerce is expected to grow in Mexico by 35 percent this year, the internet only represents around two percent of the country’s GDP. “For internet businesses, accepting payments and moving money is still too complicated, cumbersome and slow,” John Collison, co-founder and president of Stripe, said in a press release.
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
We organize all of the trending information in your field so you don't have to. Join 237,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content