We get it — it's impossible to stay on top of every expense management story — and we've got you covered. Keep reading for a recap of this week's top back office-related news that you can't afford to miss.
Survey Reveals Traits of Growth-Oriented Bookkeepers
New research from the State of Bookkeeping Practices 2016 Survey finds that growth-oriented accounting professionals have a propensity for cloud-based solutions, value-based pricing and other new services. Read more here.
Expenses (and an Empathetic Accounting Department) Are Key At Habitat for Humanity
Habitat for Humanity staff and volunteers work on nearly a dozen houses every week in the Bay Area. To keep the operation running smoothly, the nonprofit must efficiently manage and track expenses in an environment that requires frequent last-minute purchases. Read more here.
What We Can All Learn From Elon Musk's Cash Flow Conundrum
In 2008, during the depths of the Great Recession, Tesla was struggling to raise funding. Elon Musk had to make a decision: invest his own money to keep Tesla afloat, or let it go bankrupt? Heed these lessons to avoid a similar cash flow disaster. Read more here.
$81M Bangladeshi Heist Spurs Calls for Global Payment Security
The Society for Worldwide Interbank Financial Telecommunications (SWIFT), responsible for secure messaging between banks, is launching a five-point plan to drastically improve information sharing among banks. Read more here.