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Cash and short-term allocation to bank deposits drop to the lowest in four years

Forty-seven percent of organisations’ cash and short-term allocation are maintained in bank deposits, according to the 2023 Association for Financial Professionals (AFP) Liquidity Survey, underwritten by Invesco. This figure is down eight percentage points from 2022 and is the lowest...


One in three finance and accounting professionals admit B2B procurement is broken 

Zip has announced the results of the 2023 Trends in B2B Purchasing survey of 1,056 US-based finance and accounting professionals – director-level and above. Respondents are overwhelmingly eager to move the procurement process away from legacy approval workflows and...


Reinforcing trusted advisor status through technology innovation

Technology can play a leading role for accountants looking to strengthen their tax guidance with regards to Research and Development (R&D) Tax Claims. Mike Dean, Managing Director of WhisperClaims, explains how dedicated cloud-based R&D Tax Claims technology, with training and support on...


Nearly half of UK businesses missed a 2022 financial target amid economic uncertainty 

As the economic downturn becomes more severe and a recession looms, inaccurate financial projections will put businesses at risk more than ever. A new survey conducted by Gong, a leading revenue intelligence platform, finds that 44% of UK businesses missed their earning targets at some point this...


What is working capital? Here’s everything you need to know

Whether you’re struggling to grow your business or take advantage of bigger projects, working capital can help. Working capital supports your daily running costs, funds larger projects and can help you remain afloat during even the most trying times. In this article, Daniel Reiter,...


Increasing demand for payroll in the cloud fuels continued growth across EMEA and Asia-Pacific regions

Workday, a leader in enterprise cloud applications for finance and human resources, has announced plans to deliver Workday Payroll for Australia and Workday Payroll for Germany. Workday Payroll for Australia and Workday Payroll for Germany will leverage the company’s...


UK employer reporting obligations – taxable benefits

Adam Dunnett, Director at ZEDRA, explains what services and items provided to employees while working from home are considered as taxable benefits. The Coronavirus pandemic has had a long-term impact on working life, with employers providing special arrangements or adhering to ‘one...


Womply partners with DreamSpring to help under-served businesses access the Paycheck Protection Program via PPP Fast Lane

Womply, a local commerce platform that provides apps, APIs, marketing and financial tools to more than 500,000 small businesses, has announced an integrated partnership with DreamSpring, a non-profit lender serving entrepreneurs and small businesses. DreamSpring joins Womply’s PPP Fast...


ExxonMobil outlines plans to grow long-term shareholder value in lower carbon future

ExxonMobil has outlined its plans through 2025 to increase earnings and cash flow to sustain and grow its dividend, reduce debt and fund advantaged projects, while working to commercialise lower emission technologies in support of the goals of the Paris Agreement.  “We are fully...


Sage Intacct helps DFP Recruitment eliminate manual processes and gain real-time visibility

Utilising Sage Intacct has resulted in DFP Recruitment, one of Australia’s leading recruitment companies, saving one day per week by eliminating manual processes around invoices, gaining real-time visibility of financial data, and benefiting from quicker and easier financial reporting. Held...


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