Blogs

Your business probably receives daily invoices for payments. Have you considered the steps, manpower and security of your payment method? Cutting a check can take upwards of ten steps and is very unsecure, while ACH and credit card are quicker and more secure. If the latter two are used less frequently, your business is probably not maximizing your accounts payables process. By developing a solid payments strategy, both your business and your vendors will benefit. You can maximize your ability to earn revenue, improve cash flow and streamline processes with a strong payments strategy in place...

Skyrocketing inflation without a clear end in sight has businesses and consumers rethinking their financial strategies for 2022. Now is the time to not only secure your business prospects for the coming months but also to inflation-proof your operations for future spikes. With strategic changes and precautions, you could make 2022 more profitable than pre-Covid returns—inflation or not! Jump To... Causes of inflation | Covid-19 pandemic | Financial health evaluation | Operating profit margin | Shareholder profitability assessment | 2022 financial strategy | RPA (robotic process automation) |...

Catch A Glimpse into the Future With Our 2021 Economic Outlook Webinar Leading economist, Anirban Basu, Chairman and CEO of Sage Policy Group, Inc., delivers an insightful, entertaining “Back to the Future” themed presentation on the current state and predictions of the 2021 economy. During this webinar, Basu delivers a tribute to 80s films with hope that life will return to “normal” sooner rather than later. You will gain valuable perspective on the following topics: The Destabilizing Impacts of COVID-19 – Too Much Time at Home Impact on Employment, Sales, Real Estate and other metrics The...

Modern wineries find themselves at a crossroads in 2022. On the one hand, they can stick with what they know: marketing to an aging demographic of classic wine drinkers. Or they can adapt their product strategy to include no/low-alcohol and RTD options to attract new customers. Wineries across the country could confidently call 2021 a positive year for the industry. While it wasn't groundbreaking, it wasn't detrimental either. Certainly, nobody could predict the frequency or severity of widespread food and beverage industry shutdowns in the face of the Covid-19 pandemic. Initial Covid concerns...

Internal Fraud is the misuse of an organization’s resources or assets conducted by a malicious insider. This individual could be a current or former employee, contractor, or other business relationship who has knowledge of or access to the processes and/or systems within an organization. Due to their knowledge, the fraudster can bypass organizational security measures through legitimate means. Industry Concerns According to the AFP Payments Guide 1: Combating Fraud in a Remote Working Environment “A somewhat alarming 2019 study of executives from mid-sized companies, $50 million to $3 billion...