Corporations spend too much time budgeting and not enough time planning. As you kick off the budget season, you should be thinking about how to derive more business value from the process.
Social networking for businesses is taking off, as was evident at last week’s Enterprise 2.0 conference in Boston, because it allows workers to collaborate and knowledge share. Where will it be most useful? Social software can be applied anywhere but will work best in the areas of budgeting, customer support, governance, and compliance.
In this tight market, finance execs need to work on their liquidity management structure to improve their company's working capital. Margaret Yao, managing director with JPMorgan's liquidity solutions area, explains how.
The popularity of asset-based lending, which are loans secured by an asset, is continuing to grow. With the exception of 2001, the volume of outstanding asset-based loans has shown year-over-year growth since 1992, says Brian Cove, the Commercial Finance Association's chief operating officer.
The Supreme Court is staying out of states' nexus decisions for now. It has declined to hear two nexus cases from the Massachusetts Supreme Court. This refusal leaves companies that do business across state lines vulnerable to states' increasingly aggressive assertion of economic nexus.
Companies that fail to follow all of the proper steps when laying off foreign nationals who hold an H-1B work visa could end up paying wages and benefits to the visa holder until the Department of Labor resolves the issue.
