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Bridging The Accounting Gap For Lessors And Lessees

PYMNTS

The International Accounting Standards Board introduced a significant overhaul to lease accounting standards , and while the changes went into effect at the start of 2019, corporates continue to face challenges to adhere to the standards and remain compliant. In the U.S.,

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How CPA Firms Can Compete for Top Talent in the Year Ahead

CPA Practice

This concern is not misplaced: Research for the 2024 Salary Guide From Robert Half found that organizations in both public and corporate accounting are grappling with an accountant shortage. Without question, the finance and accounting profession has some significant talent challenges.

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British SMB FinTech Firm Tide Looks To Grow In India

PYMNTS

Tide provides corporate accounts and adjacent banking offerings. In July, Tide collaborated with business intelligence company DueDil to strengthen its experience for making a new account, PYMNTS reported. Gurjodhpal Singh will head up the firm’s business in India.

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WEX’s Dearborn Says B2B Payments Has Reached Tipping Point

PYMNTS

“I think when the pandemic hit in early March, it really put a gun to the head of many companies by taking what have been Byzantine processes around accounts payable or accounts receivable and moving to much more digital means,” Jay Dearborn , president, corporate payments of WEX Inc. told PYMNTS. And apparently, he’s not alone.

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Uber Starts Charging Business Customers

PYMNTS

This will result in corporations paying more for the company’s ride hailing services. According to a report in Fortune , Uber for Business, which went live in 2014, enabled employees to bill rides to their company’s corporate accounts without incurring any additional fees.

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Why 85 Pct Of Companies Want AP Automation

PYMNTS

However, when it comes to corporate accounting departments, automation is still the exception. Moreover, among all the ways businesses’ can improve their B2B payments, accounts payable (AP) automation stands out as one of the most promising and popular innovations on the market. It is not from lack of interest.

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Construction Payments: Building The House With Virtual Cards

PYMNTS

A series of payment innovations are promising to put an end to some common B2B payment frictions, including online portals, same-day ACH and automated accounts receivables (AR). These delays can result in late fees or fines, delayed delivery of supplies and can even interrupt firms’ expansion goals. Deep Dive: Tapping AI To Tackle A $4.2T