Remove 2020 Remove Accounting Remove Accounts Payable
article thumbnail

1099 Reporting Simplified with AP Automation 

AvidXchange

Creating 1099 reporting is one task that can take less time with accounts payable (AP) automation. The 1099-NEC form replaced a section ofthe 1099-MISCform in 2020 for non-employee compensation, according to TurboTax. Consult with your tax accountant before making decisions on completing or filing any tax forms.

AP
article thumbnail

Finance Strategy in an Uncertain Economy: What Today’s Leaders Need to Know

AvidXchange

The country hasn’t seen a month of negative job growth since December 2020. Two-thirds of respondents said they feel better prepared to handle today’s uncertainty than they did in 2020. "How important is technology to your organization’s ability to respond to changing market conditions?" In April 2025 alone, there were 7.4

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navigating Tariffs, Talent Gaps, and Market Volatility in Construction

AvidXchange

Material Costs Are Climbing, and Tariffs Are Raising the Stakes Since 2020, the cost of core construction materials like lumber, steel, and gypsum has surged by 34% , according to the National Association of Home Builders.

AP
article thumbnail

The Accounts Payable Association merges with The Payroll Centre

AP Association

The Accounts Payable Association is delighted to announce its merger with The Payroll Centre, the UK’s largest payroll membership and learning organisation. accounts , accounts payable , payroll The support of The Payroll Centre will allow us to accelerate APA’s expansion plans with immediate effect.

article thumbnail

ACH Boom Continues Long After Quarantine

Fidesic blog

Last year we published a post about the impact of the 2020 pandemic on accounts payable, in particular, the rise in digital B2B payment methods. As with many of the new trends we saw during the pandemic, this one didn’t go away.

article thumbnail

Is ACH Safe? Are ACH Payments Safe Compared to other Methods?

Fidesic blog

ACH remains the preferred payment method for accounts payable departments to pay their vendors. billion transactions in 2020 (a 8.2% According to data from NACHA fewer than 0.03% of ACH transactions are returned as unauthorized. ACH payments grew to 26.8 But how safe are ACH payments compared to other methods?

article thumbnail

Building your accounts payable e-invoicing strategy

Cevinio

Building your accounts payable e-invoicing strategy Developing an e-invoicing strategy not only brings you closer to embracing digital transformation but is also essential for businesses aiming to stay competitive; it has transitioned from an option to a strategic imperative.