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Xero Partners With Square For Faster B2B Payments

PYMNTS

Cloud accounting firm Xero and payments services company Square are collaborating to offer small businesses a tool for faster invoicing and payments, according to reports on Tuesday (Feb. Small and medium-sized businesses (SMBs) using Xero can email invoices with the built-in Square payment functionality.

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Number Of Corporate Accounting Errors Unexpectedly Climbs

PYMNTS

While the number of mistakes has declined every year since 2006, during the first six months of 2018, 65 companies found accounting mistakes that required them to restate and refile entire financial filings, compared with 60 companies for the same period last year. tax law and revenue accounting rules.

Taxes 170
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US Banking Industry Had No Failures In 2018

PYMNTS

According to a report in CNBC , citing Calculated Risk, last year was the first time since 2006 that not one U.S. The reasons: economic expansion, President Donald Trump’s corporate tax changes and regulations put in place after the recession that are improving the risk at banks.

Industry 153
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Taking A Pulse On European Healthcare’s eInvoice Adoption

PYMNTS

Europe is one market catching up to the leaders, though, as regulators look to eInvoicing to combat fraud and promote tax compliance. The EU healthcare industry, GHX Vice President of Product Management Pete Nelson told PYMNTS, has had an interesting journey in terms of digitization of B2B transactions, from eInvoices to payments.

Taxes 108
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Intuit Selects Its New CFO

PYMNTS

23) that Michelle Clatterbuck, current senior vice president of finance for Intuit’s consumer tax group, and current acting finance leader for Intuit’s small business group, will assume the role of Intuit CFO starting Feb. Financial management software company Intuit has chosen a new chief financial officer.

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Pulling Back The Curtain On Corporate Finance Reports

PYMNTS

’s 9,000 publicly listed companies spiked in 2018 after consistent declines since 2006. Many of those mistakes were discovered as corporate accounting teams adjusted reports to comply with revised tax and accounting rules, though some resulted from intentional manipulation.

Report 139
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What’s Wrong With The Attack On Gig Economy Pay

PYMNTS

Yet here we are 13 years later, with a taxi industry that remains structurally identical to what it was in 2006 – and even 50 years before that – with drivers who are truly struggling to make ends meet. Turning a Blind Eye. When taxis were the only way to get around town, this way of doing business was the only way to play that game.