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HOW TO SET FINANCE TEAM GOALS THAT ACTUALLY STICK Individual goals in the Finance team. John Doerr, general partner at Kleiner Perkins and author of Measure What Matters, calls this framework for hitting goals “as measured by.”The CFO can set out their objectives and key results (OKRs) — “I will develop an eighteen-month strategic plan by September 1 as measured by getting input from the rest of the C-suite by July 1,” or “I will 52 QUOTES FROM TOP CFOS THE 7 BIGGEST EXCEL MISTAKES OF ALL TIME Excel has dominated the spreadsheet market since the 1990s, and it remains a powerful tool for data analysis. Unfortunately, its very power makes it incredibly dangerous even in the hands of experiencedusers.
13 BEST PRACTICES TO IMPROVE YOUR MONTH-END CLOSE Here are 13 ways to face those obstacles and improve month-end close: 1. Increase mid-month activities. Just because something is due at the end of the month, doesn’t mean you have to wait until then to complete it. Based on your reviews, determine what preemptive actions can be taken to complete close activities early. WHAT IS THE RIGHT EXPENSE THRESHOLD FOR REQUIRING RECEIPTS Receipts are an easy way to prove the date, amount, and nature of any expense. Yet if employees make many small purchases, keeping receipts can become burdensome for both the employee making the purchase and the employee processing the expense claim. It can also become quite expensive for the business because much employee time will go into processing receipts instead THE 7 BEST EXPENSE REPORT TEMPLATES FOR MICROSOFT EXCEL Basic Expense Report Template. A Basic Expense Report Template is a great place to start, as it is very simple and easily customizable. It records the date, payment method, vendor, expense description, and payment amount. Finance teams can add more columns to capture other details as needed. Basic reports are especially valuable to smaller DISTRIBUTED SPEND MANAGEMENT PLATFORM Linh Doan Controller. “Our approvers are in love with Teampay, their approval time has been reduced to seconds! The accounting team has been able to save a significant amount of time on transaction entry, the transactions appear pre-approved, pre-coded in Intacct when we sync them and no additional work is needed. It’s like magic!”. 9 OUTRAGEOUS CASES OF CORPORATE CARD FRAUD Employee theft costs US businesses an estimated $50 billion a year, so it is no wonder that companies are concerned about fraud.. There are several common types of fraud, one of which occurs via the corporate credit card.Many organizations issue employees physical credit cards with unlimited spending power to pay for travel, meals, entertainment, and other business-related expenses. THE 7 BIGGEST EXCEL MISTAKES OF ALL TIME Excel has dominated the spreadsheet market since the 1990s, and it remains a powerful tool for data analysis. Unfortunately, its very power makes it incredibly dangerous even in the hands of experiencedusers.
HOW TO SET FINANCE TEAM GOALS THAT ACTUALLY STICK Individual goals in the Finance team. John Doerr, general partner at Kleiner Perkins and author of Measure What Matters, calls this framework for hitting goals “as measured by.”The CFO can set out their objectives and key results (OKRs) — “I will develop an eighteen-month strategic plan by September 1 as measured by getting input from the rest of the C-suite by July 1,” or “I will 52 QUOTES FROM TOP CFOS 13 BEST PRACTICES TO IMPROVE YOUR MONTH-END CLOSE Here are 13 ways to face those obstacles and improve month-end close: 1. Increase mid-month activities. Just because something is due at the end of the month, doesn’t mean you have to wait until then to complete it. Based on your reviews, determine what preemptive actions can be taken to complete close activities early. HOW FINANCE CAN ENABLE THE NEXT PHASE OF REMOTE WORK When the COVID-19 pandemic first hit, businesses across the world were forced to test an entirely remote work model. More than 60% of U.S. employees had transitioned to working from home by mid-April. Many companies found themselves reeling from the initial shock, rushing to manage costs and revise strategies while finding makeshift solutions for employees to work from home. WHAT IS THE RIGHT EXPENSE THRESHOLD FOR REQUIRING RECEIPTS Receipts are an easy way to prove the date, amount, and nature of any expense. Yet if employees make many small purchases, keeping receipts can become burdensome for both the employee making the purchase and the employee processing the expense claim. It can also become quite expensive for the business because much employee time will go into processing receipts instead AN AGILE MANIFESTO FOR THE FINANCE FUNCTION 2. Finance teams and non-finance teams must work together on a regular basis. The original agile software principle, “Business people and developers must work together daily throughout the project,” means that better decisions are possible when the business team and developers are aligned. Similarly, finance teams can enable betterdecision
THE 7 BEST EXPENSE REPORT TEMPLATES FOR MICROSOFT EXCEL Basic Expense Report Template. A Basic Expense Report Template is a great place to start, as it is very simple and easily customizable. It records the date, payment method, vendor, expense description, and payment amount. Finance teams can add more columns to capture other details as needed. Basic reports are especially valuable to smaller 9 OUTRAGEOUS CASES OF CORPORATE CARD FRAUD Employee theft costs US businesses an estimated $50 billion a year, so it is no wonder that companies are concerned about fraud.. There are several common types of fraud, one of which occurs via the corporate credit card.Many organizations issue employees physical credit cards with unlimited spending power to pay for travel, meals, entertainment, and other business-related expenses. TEAMPAY ANNOUNCES NEW CAPABILITY TO SUPPORT IDENTITY Distributed spend management leader adds additional enterprise functionality to support companies as they scale . New York, NY (March 31, 2021) — Today, Teampay, the leading distributed spend management platform, announced a new capability to support enterprise identity management technology within its platform, enabling new integrations with leading single sign-on technologies such AN AGILE MANIFESTO FOR THE FINANCE FUNCTION 2. Finance teams and non-finance teams must work together on a regular basis. The original agile software principle, “Business people and developers must work together daily throughout the project,” means that better decisions are possible when the business team and developers are aligned. Similarly, finance teams can enable betterdecision
EXPENSE REIMBURSEMENT: WHAT SHOULD YOU PAY FOR? You can refer to the federal government’s safe harbor mileage limits to get an idea for reimbursement levels. In 2018 it was 54.5 cents per mile. Employees who work a lot of overtime may choose to take a taxi or rideshare home rather than embark on a THE 9 BEST ACCOUNTING AUTOMATION TOOLS THAT DELIVER VALUE 6. SAP Business One. SAP Business One is a highly customizable general ledger and ERP software package intended for enterprise-level customers. It’s capable of automating basic accounting processes, such as journal entries, and you can add modules to manage other aspects of the business – including HR and CRM. 13 BEST PRACTICES TO IMPROVE YOUR MONTH-END CLOSE Here are 13 ways to face those obstacles and improve month-end close: 1. Increase mid-month activities. Just because something is due at the end of the month, doesn’t mean you have to wait until then to complete it. Based on your reviews, determine what preemptive actions can be taken to complete close activities early. HOW TO GET THE MOST OUT OF YOUR VIRTUAL CORPORATE CARDS Physical corporate cards simply weren’t designed for online purchasing. Virtual cards, on the other hand, were purpose-built for it. E-commerce was already on the rise pre-pandemic; now, it has exploded. According to a Juniper Research B2B payments report, “COVID-19-driven remote working” resulted in an 11% growth invirtual card
ACCOUNTING MANAGER JOB DESCRIPTION TEMPLATE & TIPS Key accounting manager responsibilities. While every organization is different, some of the key responsibilities you should include in your accounting manager job description are: Oversee general accounting processes, like budgeting, accounts payable, accounts receivable, and general ledger. Support the development of documented accounting HOW TO MOVE OFF QUICKBOOKS QuickBooks is a great choice for small and even mid-sized businesses, but as companies reach enterprise level, they're looking for something more in an accounting package. Here's how to transition from QuickBooks to NetSuite, SAP, Intacct, Sage, Microsoft Dynamics GP, and QuickBooks Desktop Enterprise. Transitioning from one accounting system to another requires a commitment of THE 7 BEST EXPENSE REPORT TEMPLATES FOR MICROSOFT EXCEL Basic Expense Report Template. A Basic Expense Report Template is a great place to start, as it is very simple and easily customizable. It records the date, payment method, vendor, expense description, and payment amount. Finance teams can add more columns to capture other details as needed. Basic reports are especially valuable to smaller DISTRIBUTED SPEND MANAGEMENT PLATFORM Linh Doan Controller. “Our approvers are in love with Teampay, their approval time has been reduced to seconds! The accounting team has been able to save a significant amount of time on transaction entry, the transactions appear pre-approved, pre-coded in Intacct when we sync them and no additional work is needed. It’s like magic!”. ABOUT | TEAMPAYSIGN ININSIGHTSCUSTOMERS Teampay is the first purchasing software built for modern, technology-enabled businesses. Our products enable companies to request, approve and track expenditures in real-time. We give finance teams control and transparency, while empowering workers to be successful. Through automation we reduce the torment of manual processes, allowing ourCAREERS - TEAMPAY
Teampay is the first purchasing software built for modern, technology-enabled businesses. Our products enable companies to request, approve and track expenditures in real-time. 52 QUOTES FROM TOP CFOS 9 OUTRAGEOUS CASES OF CORPORATE CARD FRAUD Employee theft costs US businesses an estimated $50 billion a year, so it is no wonder that companies are concerned about fraud.. There are several common types of fraud, one of which occurs via the corporate credit card.Many organizations issue employees physical credit cards with unlimited spending power to pay for travel, meals, entertainment, and other business-related expenses. EXPENSE REIMBURSEMENT: WHAT SHOULD YOU PAY FOR? You can refer to the federal government’s safe harbor mileage limits to get an idea for reimbursement levels. In 2018 it was 54.5 cents per mile. Employees who work a lot of overtime may choose to take a taxi or rideshare home rather than embark on a THE 9 BEST ACCOUNTING AUTOMATION TOOLS THAT DELIVER VALUE 6. SAP Business One. SAP Business One is a highly customizable general ledger and ERP software package intended for enterprise-level customers. It’s capable of automating basic accounting processes, such as journal entries, and you can add modules to manage other aspects of the business – including HR and CRM. HOW TO SET FINANCE TEAM GOALS THAT ACTUALLY STICK Individual goals in the Finance team. John Doerr, general partner at Kleiner Perkins and author of Measure What Matters, calls this framework for hitting goals “as measured by.”The CFO can set out their objectives and key results (OKRs) — “I will develop an eighteen-month strategic plan by September 1 as measured by getting input from the rest of the C-suite by July 1,” or “I will THE 7 BIGGEST EXCEL MISTAKES OF ALL TIME Excel has dominated the spreadsheet market since the 1990s, and it remains a powerful tool for data analysis. Unfortunately, its very power makes it incredibly dangerous even in the hands of experiencedusers.
WHAT IS THE RIGHT EXPENSE THRESHOLD FOR REQUIRING RECEIPTS Receipts are an easy way to prove the date, amount, and nature of any expense. Yet if employees make many small purchases, keeping receipts can become burdensome for both the employee making the purchase and the employee processing the expense claim. It can also become quite expensive for the business because much employee time will go into processing receipts instead DISTRIBUTED SPEND MANAGEMENT PLATFORM Linh Doan Controller. “Our approvers are in love with Teampay, their approval time has been reduced to seconds! The accounting team has been able to save a significant amount of time on transaction entry, the transactions appear pre-approved, pre-coded in Intacct when we sync them and no additional work is needed. It’s like magic!”. ABOUT | TEAMPAYSIGN ININSIGHTSCUSTOMERS Teampay is the first purchasing software built for modern, technology-enabled businesses. Our products enable companies to request, approve and track expenditures in real-time. We give finance teams control and transparency, while empowering workers to be successful. Through automation we reduce the torment of manual processes, allowing ourCAREERS - TEAMPAY
Teampay is the first purchasing software built for modern, technology-enabled businesses. Our products enable companies to request, approve and track expenditures in real-time. 9 OUTRAGEOUS CASES OF CORPORATE CARD FRAUD Employee theft costs US businesses an estimated $50 billion a year, so it is no wonder that companies are concerned about fraud.. There are several common types of fraud, one of which occurs via the corporate credit card.Many organizations issue employees physical credit cards with unlimited spending power to pay for travel, meals, entertainment, and other business-related expenses. 52 QUOTES FROM TOP CFOS EXPENSE REIMBURSEMENT: WHAT SHOULD YOU PAY FOR? You can refer to the federal government’s safe harbor mileage limits to get an idea for reimbursement levels. In 2018 it was 54.5 cents per mile. Employees who work a lot of overtime may choose to take a taxi or rideshare home rather than embark on a THE 9 BEST ACCOUNTING AUTOMATION TOOLS THAT DELIVER VALUE 6. SAP Business One. SAP Business One is a highly customizable general ledger and ERP software package intended for enterprise-level customers. It’s capable of automating basic accounting processes, such as journal entries, and you can add modules to manage other aspects of the business – including HR and CRM. HOW TO SET FINANCE TEAM GOALS THAT ACTUALLY STICK Individual goals in the Finance team. John Doerr, general partner at Kleiner Perkins and author of Measure What Matters, calls this framework for hitting goals “as measured by.”The CFO can set out their objectives and key results (OKRs) — “I will develop an eighteen-month strategic plan by September 1 as measured by getting input from the rest of the C-suite by July 1,” or “I will THE 7 BIGGEST EXCEL MISTAKES OF ALL TIME Excel has dominated the spreadsheet market since the 1990s, and it remains a powerful tool for data analysis. Unfortunately, its very power makes it incredibly dangerous even in the hands of experiencedusers.
WHAT IS THE RIGHT EXPENSE THRESHOLD FOR REQUIRING RECEIPTS Receipts are an easy way to prove the date, amount, and nature of any expense. Yet if employees make many small purchases, keeping receipts can become burdensome for both the employee making the purchase and the employee processing the expense claim. It can also become quite expensive for the business because much employee time will go into processing receipts instead DISTRIBUTED SPEND MANAGEMENT PLATFORM Linh Doan Controller. “Our approvers are in love with Teampay, their approval time has been reduced to seconds! The accounting team has been able to save a significant amount of time on transaction entry, the transactions appear pre-approved, pre-coded in Intacct when we sync them and no additional work is needed. It’s like magic!”.ABOUT | TEAMPAY
Teampay is the first purchasing software built for modern, technology-enabled businesses. Our products enable companies to request, approve and track expenditures in real-time. We give finance teams control and transparency, while empowering workers to be successful. Through automation we reduce the torment of manual processes, allowing our FINANCE TEAMS NEED TO CREATE A POST-COVID BUSINESS Register here for Teampay’s upcoming CPE webinar: 4 Ways to Ensure Business Continuity after COVID-19.. As most companies expect to return to the office by September 2021, finance leaders have to help their organizations adapt to changes that continue to upend the workplace. The post-pandemic workplace must account for hybrid workforces, changing processes, and ongoing uncertainty.CAREERS - TEAMPAY
Teampay is the first purchasing software built for modern, technology-enabled businesses. Our products enable companies to request, approve and track expenditures in real-time. AN AGILE MANIFESTO FOR THE FINANCE FUNCTION 2. Finance teams and non-finance teams must work together on a regular basis. The original agile software principle, “Business people and developers must work together daily throughout the project,” means that better decisions are possible when the business team and developers are aligned. Similarly, finance teams can enable betterdecision
WHAT IS STRATEGIC FINANCE? What is Strategic Finance? Strategic finance, also known as strategic financial management, provides long-term planning for ongoing growth and development. At times, this can come at the expense of shorter-term gains, such as enacting asset reductions or policy changes that public stakeholders may not agree with initially. 13 BEST PRACTICES TO IMPROVE YOUR MONTH-END CLOSE Here are 13 ways to face those obstacles and improve month-end close: 1. Increase mid-month activities. Just because something is due at the end of the month, doesn’t mean you have to wait until then to complete it. Based on your reviews, determine what preemptive actions can be taken to complete close activities early. THE 7 BEST EXPENSE REPORT TEMPLATES FOR MICROSOFT EXCEL Basic Expense Report Template. A Basic Expense Report Template is a great place to start, as it is very simple and easily customizable. It records the date, payment method, vendor, expense description, and payment amount. Finance teams can add more columns to capture other details as needed. Basic reports are especially valuable to smaller HOW TO CHOOSE THE RIGHT AUDITOR FOR YOUR COMPANY Writing the RFP. The typical auditor hiring process includes requesting proposals from several different firms that will spell out the nature, limits, and other details of the firm’s auditing service. That means you’ll need to write a request for proposal (RFP) before your search for an auditor can make significant progress. WHAT CFOS EXPECT FROM THEIR CONTROLLERS What CFOs Expect from their Controllers. Controllers are drivers in business today. Financial data is richer than ever, and financial professionals across the board are expected to be more than data-driven. Business acumen, narrative analysis of data, and high-level leadership are now essential for today’s controllers. DISTRIBUTED SPEND MANAGEMENT PLATFORM Linh Doan Controller. “Our approvers are in love with Teampay, their approval time has been reduced to seconds! The accounting team has been able to save a significant amount of time on transaction entry, the transactions appear pre-approved, pre-coded in Intacct when we sync them and no additional work is needed. It’s like magic!”. ABOUT | TEAMPAYSIGN ININSIGHTSCUSTOMERS Teampay is the first purchasing software built for modern, technology-enabled businesses. Our products enable companies to request, approve and track expenditures in real-time. We give finance teams control and transparency, while empowering workers to be successful. Through automation we reduce the torment of manual processes, allowing ourCAREERS - TEAMPAY
Teampay is the first purchasing software built for modern, technology-enabled businesses. Our products enable companies to request, approve and track expenditures in real-time. 9 OUTRAGEOUS CASES OF CORPORATE CARD FRAUD Employee theft costs US businesses an estimated $50 billion a year, so it is no wonder that companies are concerned about fraud.. There are several common types of fraud, one of which occurs via the corporate credit card.Many organizations issue employees physical credit cards with unlimited spending power to pay for travel, meals, entertainment, and other business-related expenses. 52 QUOTES FROM TOP CFOS EXPENSE REIMBURSEMENT: WHAT SHOULD YOU PAY FOR? You can refer to the federal government’s safe harbor mileage limits to get an idea for reimbursement levels. In 2018 it was 54.5 cents per mile. Employees who work a lot of overtime may choose to take a taxi or rideshare home rather than embark on a THE 9 BEST ACCOUNTING AUTOMATION TOOLS THAT DELIVER VALUE 6. SAP Business One. SAP Business One is a highly customizable general ledger and ERP software package intended for enterprise-level customers. It’s capable of automating basic accounting processes, such as journal entries, and you can add modules to manage other aspects of the business – including HR and CRM. HOW TO SET FINANCE TEAM GOALS THAT ACTUALLY STICK Individual goals in the Finance team. John Doerr, general partner at Kleiner Perkins and author of Measure What Matters, calls this framework for hitting goals “as measured by.”The CFO can set out their objectives and key results (OKRs) — “I will develop an eighteen-month strategic plan by September 1 as measured by getting input from the rest of the C-suite by July 1,” or “I will THE 7 BIGGEST EXCEL MISTAKES OF ALL TIME Excel has dominated the spreadsheet market since the 1990s, and it remains a powerful tool for data analysis. Unfortunately, its very power makes it incredibly dangerous even in the hands of experiencedusers.
WHAT IS THE RIGHT EXPENSE THRESHOLD FOR REQUIRING RECEIPTS Receipts are an easy way to prove the date, amount, and nature of any expense. Yet if employees make many small purchases, keeping receipts can become burdensome for both the employee making the purchase and the employee processing the expense claim. It can also become quite expensive for the business because much employee time will go into processing receipts instead DISTRIBUTED SPEND MANAGEMENT PLATFORM Linh Doan Controller. “Our approvers are in love with Teampay, their approval time has been reduced to seconds! The accounting team has been able to save a significant amount of time on transaction entry, the transactions appear pre-approved, pre-coded in Intacct when we sync them and no additional work is needed. It’s like magic!”. ABOUT | TEAMPAYSIGN ININSIGHTSCUSTOMERS Teampay is the first purchasing software built for modern, technology-enabled businesses. Our products enable companies to request, approve and track expenditures in real-time. We give finance teams control and transparency, while empowering workers to be successful. Through automation we reduce the torment of manual processes, allowing ourCAREERS - TEAMPAY
Teampay is the first purchasing software built for modern, technology-enabled businesses. Our products enable companies to request, approve and track expenditures in real-time. 9 OUTRAGEOUS CASES OF CORPORATE CARD FRAUD Employee theft costs US businesses an estimated $50 billion a year, so it is no wonder that companies are concerned about fraud.. There are several common types of fraud, one of which occurs via the corporate credit card.Many organizations issue employees physical credit cards with unlimited spending power to pay for travel, meals, entertainment, and other business-related expenses. 52 QUOTES FROM TOP CFOS EXPENSE REIMBURSEMENT: WHAT SHOULD YOU PAY FOR? You can refer to the federal government’s safe harbor mileage limits to get an idea for reimbursement levels. In 2018 it was 54.5 cents per mile. Employees who work a lot of overtime may choose to take a taxi or rideshare home rather than embark on a THE 9 BEST ACCOUNTING AUTOMATION TOOLS THAT DELIVER VALUE 6. SAP Business One. SAP Business One is a highly customizable general ledger and ERP software package intended for enterprise-level customers. It’s capable of automating basic accounting processes, such as journal entries, and you can add modules to manage other aspects of the business – including HR and CRM. HOW TO SET FINANCE TEAM GOALS THAT ACTUALLY STICK Individual goals in the Finance team. John Doerr, general partner at Kleiner Perkins and author of Measure What Matters, calls this framework for hitting goals “as measured by.”The CFO can set out their objectives and key results (OKRs) — “I will develop an eighteen-month strategic plan by September 1 as measured by getting input from the rest of the C-suite by July 1,” or “I will THE 7 BIGGEST EXCEL MISTAKES OF ALL TIME Excel has dominated the spreadsheet market since the 1990s, and it remains a powerful tool for data analysis. Unfortunately, its very power makes it incredibly dangerous even in the hands of experiencedusers.
WHAT IS THE RIGHT EXPENSE THRESHOLD FOR REQUIRING RECEIPTS Receipts are an easy way to prove the date, amount, and nature of any expense. Yet if employees make many small purchases, keeping receipts can become burdensome for both the employee making the purchase and the employee processing the expense claim. It can also become quite expensive for the business because much employee time will go into processing receipts instead DISTRIBUTED SPEND MANAGEMENT PLATFORM Linh Doan Controller. “Our approvers are in love with Teampay, their approval time has been reduced to seconds! The accounting team has been able to save a significant amount of time on transaction entry, the transactions appear pre-approved, pre-coded in Intacct when we sync them and no additional work is needed. It’s like magic!”.ABOUT | TEAMPAY
Teampay is the first purchasing software built for modern, technology-enabled businesses. Our products enable companies to request, approve and track expenditures in real-time. We give finance teams control and transparency, while empowering workers to be successful. Through automation we reduce the torment of manual processes, allowing our FINANCE TEAMS NEED TO CREATE A POST-COVID BUSINESS Register here for Teampay’s upcoming CPE webinar: 4 Ways to Ensure Business Continuity after COVID-19.. As most companies expect to return to the office by September 2021, finance leaders have to help their organizations adapt to changes that continue to upend the workplace. The post-pandemic workplace must account for hybrid workforces, changing processes, and ongoing uncertainty.CAREERS - TEAMPAY
Teampay is the first purchasing software built for modern, technology-enabled businesses. Our products enable companies to request, approve and track expenditures in real-time. THE 9 BEST ACCOUNTING AUTOMATION TOOLS THAT DELIVER VALUE 6. SAP Business One. SAP Business One is a highly customizable general ledger and ERP software package intended for enterprise-level customers. It’s capable of automating basic accounting processes, such as journal entries, and you can add modules to manage other aspects of the business – including HR and CRM. AN AGILE MANIFESTO FOR THE FINANCE FUNCTION 2. Finance teams and non-finance teams must work together on a regular basis. The original agile software principle, “Business people and developers must work together daily throughout the project,” means that better decisions are possible when the business team and developers are aligned. Similarly, finance teams can enable betterdecision
13 BEST PRACTICES TO IMPROVE YOUR MONTH-END CLOSE Here are 13 ways to face those obstacles and improve month-end close: 1. Increase mid-month activities. Just because something is due at the end of the month, doesn’t mean you have to wait until then to complete it. Based on your reviews, determine what preemptive actions can be taken to complete close activities early. HOW TO CHOOSE THE RIGHT AUDITOR FOR YOUR COMPANY Writing the RFP. The typical auditor hiring process includes requesting proposals from several different firms that will spell out the nature, limits, and other details of the firm’s auditing service. That means you’ll need to write a request for proposal (RFP) before your search for an auditor can make significant progress. THE 7 BEST EXPENSE REPORT TEMPLATES FOR MICROSOFT EXCEL Basic Expense Report Template. A Basic Expense Report Template is a great place to start, as it is very simple and easily customizable. It records the date, payment method, vendor, expense description, and payment amount. Finance teams can add more columns to capture other details as needed. Basic reports are especially valuable to smaller WHAT CFOS EXPECT FROM THEIR CONTROLLERS What CFOs Expect from their Controllers. Controllers are drivers in business today. Financial data is richer than ever, and financial professionals across the board are expected to be more than data-driven. Business acumen, narrative analysis of data, and high-level leadership are now essential for today’s controllers. SPEND MANAGEMENT: A BETTER WAY TO MANAGE EXPENSES Teampay’s conversational interface guides employees through the buying process, automatically enforcing the correct policy. The seamless experience ensures employee adoption and compliance. Stop wondering what invoices are coming. Employees get pre-approvals on invoiced spend, and Finance gains full visibility into what’s beencommitted.
HOW FINANCE CAN ENABLE THE NEXT PHASE OF REMOTE WORK When the COVID-19 pandemic first hit, businesses across the world were forced to test an entirely remote work model. More than 60% of U.S. employees had transitioned to working from home by mid-April. Many companies found themselves reeling from the initial shock, rushing to manage costs and revise strategies while finding makeshift solutions for employees to work from home. EXPENSE REIMBURSEMENT: WHAT SHOULD YOU PAY FOR? You can refer to the federal government’s safe harbor mileage limits to get an idea for reimbursement levels. In 2018 it was 54.5 cents per mile. Employees who work a lot of overtime may choose to take a taxi or rideshare home rather than embark on a 9 OUTRAGEOUS CASES OF CORPORATE CARD FRAUD Employee theft costs US businesses an estimated $50 billion a year, so it is no wonder that companies are concerned about fraud.. There are several common types of fraud, one of which occurs via the corporate credit card.Many organizations issue employees physical credit cards with unlimited spending power to pay for travel, meals, entertainment, and other business-related expenses. RESPONSIBLE DISCLOSURE POLICY Teampay Responsible Disclosure Policy. Data security is a top priority for Teampay, and Teampay believes that working with skilled security researchers can identify weaknesses in any technology. If you believe you have found a security vulnerability in Teampay’s service, please notify us; we will work with you to resolve the issue promptly. 52 QUOTES FROM TOP CFOS AN AGILE MANIFESTO FOR THE FINANCE FUNCTION 2. Finance teams and non-finance teams must work together on a regular basis. The original agile software principle, “Business people and developers must work together daily throughout the project,” means that better decisions are possible when the business team and developers are aligned. Similarly, finance teams can enable betterdecision
THE 7 BIGGEST EXCEL MISTAKES OF ALL TIME Excel has dominated the spreadsheet market since the 1990s, and it remains a powerful tool for data analysis. Unfortunately, its very power makes it incredibly dangerous even in the hands of experiencedusers.
HOW TO SET FINANCE TEAM GOALS THAT ACTUALLY STICK Individual goals in the Finance team. John Doerr, general partner at Kleiner Perkins and author of Measure What Matters, calls this framework for hitting goals “as measured by.”The CFO can set out their objectives and key results (OKRs) — “I will develop an eighteen-month strategic plan by September 1 as measured by getting input from the rest of the C-suite by July 1,” or “I will THE 9 BEST ACCOUNTING AUTOMATION TOOLS THAT DELIVER VALUE 6. SAP Business One. SAP Business One is a highly customizable general ledger and ERP software package intended for enterprise-level customers. It’s capable of automating basic accounting processes, such as journal entries, and you can add modules to manage other aspects of the business – including HR and CRM. SPEND MANAGEMENT: A BETTER WAY TO MANAGE EXPENSES Teampay’s conversational interface guides employees through the buying process, automatically enforcing the correct policy. The seamless experience ensures employee adoption and compliance. Stop wondering what invoices are coming. Employees get pre-approvals on invoiced spend, and Finance gains full visibility into what’s beencommitted.
HOW FINANCE CAN ENABLE THE NEXT PHASE OF REMOTE WORK When the COVID-19 pandemic first hit, businesses across the world were forced to test an entirely remote work model. More than 60% of U.S. employees had transitioned to working from home by mid-April. Many companies found themselves reeling from the initial shock, rushing to manage costs and revise strategies while finding makeshift solutions for employees to work from home. EXPENSE REIMBURSEMENT: WHAT SHOULD YOU PAY FOR? You can refer to the federal government’s safe harbor mileage limits to get an idea for reimbursement levels. In 2018 it was 54.5 cents per mile. Employees who work a lot of overtime may choose to take a taxi or rideshare home rather than embark on a 9 OUTRAGEOUS CASES OF CORPORATE CARD FRAUD Employee theft costs US businesses an estimated $50 billion a year, so it is no wonder that companies are concerned about fraud.. There are several common types of fraud, one of which occurs via the corporate credit card.Many organizations issue employees physical credit cards with unlimited spending power to pay for travel, meals, entertainment, and other business-related expenses. RESPONSIBLE DISCLOSURE POLICY Teampay Responsible Disclosure Policy. Data security is a top priority for Teampay, and Teampay believes that working with skilled security researchers can identify weaknesses in any technology. If you believe you have found a security vulnerability in Teampay’s service, please notify us; we will work with you to resolve the issue promptly. 52 QUOTES FROM TOP CFOS AN AGILE MANIFESTO FOR THE FINANCE FUNCTION 2. Finance teams and non-finance teams must work together on a regular basis. The original agile software principle, “Business people and developers must work together daily throughout the project,” means that better decisions are possible when the business team and developers are aligned. Similarly, finance teams can enable betterdecision
THE 7 BIGGEST EXCEL MISTAKES OF ALL TIME Excel has dominated the spreadsheet market since the 1990s, and it remains a powerful tool for data analysis. Unfortunately, its very power makes it incredibly dangerous even in the hands of experiencedusers.
HOW TO SET FINANCE TEAM GOALS THAT ACTUALLY STICK Individual goals in the Finance team. John Doerr, general partner at Kleiner Perkins and author of Measure What Matters, calls this framework for hitting goals “as measured by.”The CFO can set out their objectives and key results (OKRs) — “I will develop an eighteen-month strategic plan by September 1 as measured by getting input from the rest of the C-suite by July 1,” or “I will THE 9 BEST ACCOUNTING AUTOMATION TOOLS THAT DELIVER VALUE 6. SAP Business One. SAP Business One is a highly customizable general ledger and ERP software package intended for enterprise-level customers. It’s capable of automating basic accounting processes, such as journal entries, and you can add modules to manage other aspects of the business – including HR and CRM. DISTRIBUTED SPEND MANAGEMENT PLATFORM Linh Doan Controller. “Our approvers are in love with Teampay, their approval time has been reduced to seconds! The accounting team has been able to save a significant amount of time on transaction entry, the transactions appear pre-approved, pre-coded in Intacct when we sync them and no additional work is needed. It’s like magic!”. 4 WAYS TO ENSURE BUSINESS CONTINUITY AFTER COVID-19 Team Labs, Inc programs will be offered free of charge unless otherwise indicated. In the event of program cancellation, Team Labs, Inc or its partners will notify participants by email in a timely manner. For more information regarding complaints, refunds, cancellation, and/or programs please contact our office at hello@teampay.co.. Team Labs, Inc is registered with the NationalAssociation
MICROSOFT DYNAMICS INTEGRATION Teampay automatically syncs pre-coded, pre-approved transactions in Microsoft Dynamics 365CUSTOMER REFERRAL
Teampay is the first distributed spend management software built for modern, technology-enabled businesses. Our platform gives finance teams control and visibility while empowering employees.CAREERS - TEAMPAY
Teampay is the first purchasing software built for modern, technology-enabled businesses. Our products enable companies to request, approve and track expenditures in real-time. 9 OUTRAGEOUS CASES OF CORPORATE CARD FRAUD Employee theft costs US businesses an estimated $50 billion a year, so it is no wonder that companies are concerned about fraud.. There are several common types of fraud, one of which occurs via the corporate credit card.Many organizations issue employees physical credit cards with unlimited spending power to pay for travel, meals, entertainment, and other business-related expenses. EXPENSE REIMBURSEMENT: WHAT SHOULD YOU PAY FOR? You can refer to the federal government’s safe harbor mileage limits to get an idea for reimbursement levels. In 2018 it was 54.5 cents per mile. Employees who work a lot of overtime may choose to take a taxi or rideshare home rather than embark on a THE 9 BEST ACCOUNTING AUTOMATION TOOLS THAT DELIVER VALUE 6. SAP Business One. SAP Business One is a highly customizable general ledger and ERP software package intended for enterprise-level customers. It’s capable of automating basic accounting processes, such as journal entries, and you can add modules to manage other aspects of the business – including HR and CRM. 7 STEPS TO AUTOMATE YOUR ACCOUNTING PROCESS Things finance teams can’t botch: how to keep track of your company’s money.That’s why companies big and small will dig their heels in on wild west 4 CHALLENGES FOR FINANCE TEAMS TRANSITIONING TO REMOTE The global workforce is becoming increasingly distributed. In the United States alone, according to FlexJobs, 3.9 million U.S. workers were working remotely in 2015.In 2020, that number is 4.7 million. By 2025, an “estimated 70% of the workforce will work remotely at least five days in a month.” This shift creates challenges for finance leaders who are using legacy systems to manage a new This website uses cookies to improve your experience. If you’d like to find out more about the cookies we use, please see Teampay'sPrivacy Policy.
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Linh Doan Controller “The integration between TeamPay and SVB has made my reporting an absolute breeze! Having all of our transactions in one place with a wonderful User Interface makes my job a lot easier.” Andrew DeMartinis Controller “Our approvers are in love with Teampay, their approval time has been reduced to seconds! The accounting team has been able to save a significant amount of time on transaction entry, the transactions appear pre-approved, pre-coded in Intacct when we sync them and no additional work is needed. It’s like magic!” Masha Murphy Controller “We went from a 90-100-page monthly AmEx statement to almost nothing now. Our big win has been getting employees off sharing corporate cards and onto Teampay.”John Chard Finance
“This is awesome! Everything is reconciled for me in real-time, and no longer is my team chasing down receipts and categorizing charges at the end of every month. Everyone wins.”Sam Gharegozlou COO
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