Fifth Third bank released the report, ahead of National Small Business Week, revealing that 81% of more than 500 SMEs surveyed said they have not worked with existing community resources, like their local chamber of commerce. Instead, small business owners turn to their peers for help.
Each year, a survey is conducted to find out what matters most to CFOs. It’s interesting to learn both what they anticipate their top priorities to be as well as the challenges and opportunities that they face. This year, the scope expanded to include other executives in the finance community such as VPs of Finance, Financial Managers and Controllers.
What landed as the top financial priority for 2016? Cash flow.
As finance executives look to retain talent, an increasing number of businesses have been allowing professionals to take over various roles within a business to give staff more exposure to all operations, to see new perspectives within the business, as well as furthering professional development, succession planning, and recruiting. However, a recent Robert Half Management Resources survey found that 56% of respondents do not offer such opportunities for their staff.
Several nations around the globe have been fine-tuning, or readying, faster payments initiatives to bring speed and security to fund flows. Tom Hay, head of payments at Icon Solutions, explains how real-time payments mark the latest generation of, and technical challenge to, financial firms.
It is no secret that the past several weeks have been exhausting due to many late nights at the office and endless conference calls with antsy clients. During a busy season, it is hard to stay focused on what really matters to your clients.
Come see what AP automation is all about! This webinar will cover the current state of accounts payable and what the impact would be of automating the process workflow. Attendees will see how easy it is to capture invoices, process them, approve for payment and execute the payment in a seamless, automated workflow.
According to a report from Krebs, the hackers reportedly registered accounts using employees’ names at its customer firms, which ADP claims occurred after those companies inadvertently released sensitive data on ADP accounts. This leak caught national attention when Krebs’ report came out because ADP’s handles payroll for more than 640,000 companies. This includes U.S. Bank, which recently discovered that some of its employees had tax data compromised.
Every company in the financial space has UX, or user experience, on their minds at the moment as more and more customers are in need of simplicity in their banking systems. Over the past few years, banks, like BBVA for example, have used the popularity of the gaming industry to their advantage and implemented a social application for their customers to use.