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Jefferson Peters

Guest Blog Post from KeyBank

Improving Accounts Payable Efficiency with Purchase Cards

Purchase cards—also known as P-cards or procurement cards—provide businesses with significant opportunities to streamline processing and improve working capital. By replacing paper invoices and manual systems, P-cards help businesses cut operating costs, automate expense reconciliation processes and provide valuable insights on spend patterns. In addition, risk controls are enhanced and…

Deciphering New Lease Accounting Changes

Over the past 10 years, the U.S. Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have been working together on a plan to overhaul lease accounting. The primary benefits of leasing will be unchanged under the new rules:  Leasing continues to provide a host of advantages,…