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Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty

Jet Global

Due to the Infrastructure Investment and Jobs Act of 2022 in the United States, nonresidential construction is expected to continue expanding despite expected uncertainty in 2023. To ensure your KPIs are sturdy and intuitive, begin by setting a small number – about four or five to start – of useful KPIs to track your business’s performance.

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3 Ways Finance Can Help Navigate Supply Chain Disruptions

Jet Global

Shipping and supply chain disruptions leave businesses reprioritizing, rescheduling, and floundering to successfully manage inventory. Gone are the days of finance sitting comfortably in the back seat. Here, we discuss three ways finance teams can cope with constant changes to the supply chain. Break Down Silos. Inefficiency.

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Shared Data Reporting: Deep Excel Functionality Meets Web-Based Dashboards

Jet Global

Finance teams are no strangers to pressure. Inflation, economic uncertainty, and swiftly-changing regulations significantly impact finance professionals. When surrounded by challenges from both outside and inside the organization, how can finance teams overcome these challenges to gain the agility they need to thrive?

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Why Tax and Transfer Pricing Software Is Essential for Multinational Companies

Jet Global

With the coming rollout of the OECD’s action plan on Base Erosion and Profit Shifting (BEPS) in over 130 countries, there are big changes looming, and today’s investments in multinational tax reporting and transfer pricing software will pay big dividends as finance teams step up to meet the challenge of shifting to the new paradigm.

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How to Build Success Through Strategic ESPP Design

Jet Global

With inflation squeezing payrolls and traditional stock options losing their luster, ESPPs provide a tangible opportunity for employees to share in company success and hedge against financial uncertainties. This integration reduces the risk of errors and ensures that participant contributions are seamlessly deducted from payroll.

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Automate Your State-by-State Provision Reporting With Longview Tax

Jet Global

While state-by-state provisions allow for greater visibility into your liability and risk areas, this approach comes with its own challenges. By leveraging technology that automates tax data collection and processing, your team can produce more accurate reports, reduce risk, and free up time to focus on more strategic initiatives.

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5 Accounting Tips for BEPS Adoption

Jet Global

The next few years will be a pivotal time for finance departments at multinational companies. Other elements of change include IFRS 16/17 and parallel modifications to lease accounting under US GAAP, political uncertainty, a push toward higher tax rates and increased enforcement, and rising inflation. Prioritize policy over numbers.