Monthly Archives: March 2011


PayStream Advisors Present Five Best Practice Steps for a Successful Statement Audit Process

Large enterprise accounts payable organizations manage millions of payments to thousands of vendors each year. Business changes including mergers and acquisitions, consolidation, and centralization, as well as new systems and automation mean that 100 percent payment accuracy is nearly impossible – even for AP organizations with the strongest controls. To identify the highest percentage of anomalies and recover the most dollars, it is necessary to investigate both a company’s internal AP data and processes, as well as its suppliers’ AR data and processes.

By | March 23rd, 2011|Categories: Recovery Audit|Tags: , , |0 Comments

IQPC Shared Service Week Puts the Focus on Supplier Information Management Process and Solutions

This blog presents several of the primary themes presented at the SSON conference that took place earlier this month.

By | March 15th, 2011|Categories: Shared Services, Supplier Information Management|Tags: , |0 Comments

Finance Professionals Roundtable About Changes In 1099 Reporting And The Inevitable Impact On Their Departments

In February, Lavante hosted a regional roundtable dinner discussion in the greater Dallas area. Joining the conversation were financial minds from Alcon, Flowserve, Trinity Industries, AutoNation, the BNSF railway, Occidental Petroleum, Lehigh and Genband, who gathered together to discuss critical issues facing their company and departments. A lively discussion was held over dessert about “What [...]

By | March 8th, 2011|Categories: Tax ID Numbers, 1099 Reporting|Tags: , |0 Comments

House Approves Repeal of 1099 Reporting Requirements

Today, the House passed the H.R. 4 bill in a 314-112 vote, repealing the 1099 reporting requirements from the funding provision of the 2010 health care law. The bill eliminates the requirement that all for-profit corporations issue 1099 forms to vendors from whom they purchased over $600 of goods or services in a tax year, [...]

By | March 3rd, 2011|Categories: Tax ID Numbers, 1099 Reporting|Tags: , |0 Comments