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Institute of Finance & Management

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For decades, the implicit goal of AP departments was to pay accurately, on time, and at the lowest possible processing cost. Automation was the means to that end. As a result of a wave of dedicated AP software investments, many organizations saw...

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In today’s economy, many AP teams are adopting a simple, defensive posture: Hold cash for as long as possible. Payment delays, extended terms, and tighter approvals are increasingly viewed as necessary responses to preserve liquidity. But...

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AR leaders are undergoing a profound transformation, evolving from a back-office administrative function into a strategic pillar for the office of the CFO. In today’s complex environment, these leaders no longer merely set guardrails; they act...

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Q. We have questions regarding 1099 reporting for settlement payments: 1. How far back is our liability for issuance of 1099s for settlements?2. Who do we need to issue 1099s related to settlement? Is it just the opposing attorney, or the opposing...

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Filing season is over. That does not mean the compliance risk is. Form 1099 and 1042-S filings for the 2025 tax year are done. What happens in the next 60 days determines how painful the 2026 cycle will be. Reporting outcomes are set by decisions...

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