Growth is the goal for every company, but once you expand to the point where you have multiple business units, things can get particularly complicated for payables. Already known as the most time-consuming function within finance, payables challenges a…
The Internal Revenue Service (IRS) is aggressively employing agents to pursue tax withholding compliance. That includes mechanisms for businesses to comply with the Foreign Account Tax Compliance Act (FATCA) and Chapter 3 withholding. The effort b…
For many companies, overseas expansion is no longer a choice: it’s an essential part of the game plan. Growing pains are felt in many areas. Domestic and international regulations, tax codes, language barriers, and third-party risk are just …
Let’s say you have a transformational financial operations (FinOps) strategy that requires buy-in from the IT department. Chief Information Officers (CIOs) and IT departments are notoriously cynical about any technology introduced into their purv…
A financial management system is key to running your operations profitably. You need to have real time insights into numerous financial metrics such as profitability ratios, inventory margins, liabilities, fixed assets and taxes. An integrated financia…
In today’s competitive environment, more and more companies are thinking of international expansion to take advantage of favorable markets and resources. Companies expanding overseas need to take care with respect to the applicable compliances, e…
As former buy-siders ourselves, the Sentieo team knows what it’s like to continually grind away at an established process that sometimes, to put it bluntly, just isn’t working. As managers of equity analysts, we have also fel…
20% of SMEs wait more than 60 days to get paid and the average employee spends 4.1 hours per week dealing with financial administration, including the chasing of late invoices. So it’s clear that making the payment process more effective and l…
Read this white paper to learn how: An academic health science center defined a strategy for an automated reconciliation system A restaurant company automated 99% of their GL detail matching and 96% of cash to GL matching …
Because change can be difficult and seem risky. And because the hard-wired fear of the unknown is still more powerful than annoyance and frustration with the known. But the truth is, change gives accounting professionals the chance to spend more tim…
