The Equal Employment Opportunity Commission (EEOC) announced that the due date for the 2019/2020 EEO-1 Component 1 data report has changed. It’s now Monday, August 23, 2021. Basics About the Report The EEO-1 survey is a report required to be submitted to the EEOC by: Employers with federal government contracts of $50,000 or more who have…
If you’re eligible for advance child tax credit (CTC) payments provided by the American Rescue Plan Act, you might wonder whether you should spend the extra cash. Some families are incurring extra child-care costs so the parents can return to work. But others don’t have any imminent child-care-related expenditures to cover. Rather than spend the money…
The pandemic isn’t in the rearview mirror yet, but it’s already clear that the U.S. business landscape has changed. Many employers, for example, are expected to allow their remote workforce to remain working from home even though social distancing may no longer be necessary. If you’re mulling this decision or have already decided to allow employees…
Epiphany needed a robust and sophisticated financial management platform to support its aggressive acquisitions and growth strategy, yet functionality in its previous QuickBooks accounting application was only skin deep. QuickBooks couldn’t meet Epiphany’s needs for multientity consolidation and reporting, forcing the company to maintain separate books for each entity. QuickBooks also didn’t allow Epiphany to…
When the COVID-19 pandemic hit, many nonprofit organizations experienced an urgent need to undergo rapid digital transformation. Cloud business systems helped staff stay productive while they worked from home under government stay-at-home orders. More than a year later, it is clear many of the pandemic’s effects on the way we work and utilize technology will…
Dawson Creek Society for Community Living was incorporated in 1958 with a mission to serve adults with developmental disabilities. This growing Canadian nonprofit strives to meet this community’s evolving needs through a range of services, resources, education, and advocacy. With a $12 million (CAD) budget, the organization is primarily funded by various provincial and regional…
The events of 2020 and 2021 have heightened awareness of the need for more and better risk management in the nonprofit sector. Enterprise risk management (ERM) is a long-term investment that improves an organization’s financial strength, operational efficiency, program effectiveness, and resilience during uncertain times. Sponsored by GRF CPAs & Advisors, Getting Started with Enterprise…
This post was originally published on the Sage Intacct Blog Every year, North American businesses spend in the neighborhood of $187 billion on accounts payable (AP) processing. But innovative financial management tools are on the rise, and they come with lower costs and bigger payoffs. Top-performing companies are adopting solutions such as accounts payable automation (AP automation) to…