Picture this: A business has locations in Chicago, Seattle, and San Francisco, and is utilising traditional, paper-based processes for their procurement and expense management. How exactly would that work? This process is inefficient and doesn’t allow for flexibility or a comprehensive view into expense control. What happens if an invoice gets lost in a desk or there is a slight misphrasing? This is why many organisations are moving various aspects of their operations to the cloud – one vital area being spend management.
The recent Financial Ombudsman Service customer complaints report made for bleak reading for financial services as complaints hit a five-year high, with payday loans complaints surging 130% . The implications for traditional banking heavyweights are quite apparent.
Research revealing the negative impact of financial stress in the workplace has been highlighted during National Stress Awareness Month, which took place in April.
The traditional model for buying a home is to start your career, save for a deposit, and start looking to buy in your late 20s or early 30s. Thanks to the financial crisis of the previous decade, that model does not hold true for everyone.
If mobile payment apps became as popular in the US as they are in China, banks would lose a projected $43 billion in revenue annually. Bloomberg QuickTake explains how cheap and easy payments by phone are threatening one of the banking industry's most profitable businesses.
An online employee referral recruitment platform has analysed the data from the top 25 accountancy firms in the UK and found that women make up just a quarter of the executive boards, however statistics show that in 2014 women made up 44% of full-time accountants in the UK.
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