Business Performance Improvement

Persevering and Prospering in the Time of COVID-19: Accounts Payable

The accounts payable (AP) function has a significant effect on the bottom line, third only to sales and receivables. Now, many accounts payable teams have been caught short by the Coronavirus 2019 (COVID-19)...

Jay Thompson Erin Progelhof
July 30, 2020
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Business Performance Improvement

Persevering and Prospering in the Time of COVID-19: Accounts Payable

The accounts payable (AP) function has a significant effect on the bottom line, third only to sales and receivables. Now, many accounts payable teams have been caught short by the Coronavirus 2019 (COVID-19) pandemic, finding themselves unable to...

Jay Thompson Erin Progelhof
July 30, 2020
Finance/Internal AuditRegulatory Compliance

Management’s Reporting on the Control Environment During COVID-19: Extra Attention Is Required

Organizations across all jurisdictions and industries have been faced with the difficult task of drafting and submitting their financial statements to regulators and banks during the COVID-19 pandemic. This has led to unique challenges and logistics...

Christopher Baumgartner
July 28, 2020
COVID-19Financial ServicesGovernmentRegulatory ComplianceRisk Management

Suspicious Activity Reporting: Government Aid Programs in the Spotlight

Amid growing media coverage of fraud related to government loan programs and unemployment insurance claims, the Small Business Administration (SBA) issued an Information Notice (IN) on July 22 dealing specifically with the identification and...

Carol Beaumier
July 27, 2020
Financial ServicesTechnology and Cyber Security

Digesting SWIFT’s 2020 Customer Security Programme (CSP) and COVID Guidance – and What the Changes Mean to Your Organization

In response to the current business climate produced by the COVID-19 pandemic, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) recently issued guidance to ease the strain on customers as they work to implement its updated...

Andrew Retrum
July 24, 2020
Business Performance ImprovementCOVID-19Organizational Perspectives

Furlough Planning: An Art and a Science Supported by Technology and Sound Change Management

As many companies fight for survival in the current business environment, project teams may find themselves revising schedules to accommodate furloughs and abbreviated timelines. While this sounds like, and often is, a chaotic situation forced by an...

Kathie Topel Andrew Prabucki
July 16, 2020