Walmart To Cut 7,000 Back-Office Accounting, Invoicing Jobs

by Nathan Bomey - USA TODAY Contributor – Walmart plans to shed about 7,000 store accounting and invoicing positions as the company moves to automate those processes, though workers will be offered positions elsewhere in their stores, the company confirmed Thursday. The big-box retailer's plans affect less than 1% of its U.S. workforce of [...]

By | June 15th, 2016|Financial, News, Technology|0 Comments

The Benefits Of Outsourcing Finance And Accounting

By Joe Mullich - Xerox Contributor - As the market matures, companies contracting for outcomes are exploring fresh ideas and seeking new answers to streamline F&A processes. They are expanding outsourcing to new areas of finance and accounting, new industries, and new sizes of companies than in the past. Driving efficiency is a high [...]

By | July 12th, 2015|Financial, News, Technology|0 Comments

The New Bookkeeper Is a Robot

by Vipal Monga - Wall Street Journal Contributor – Five years ago, 80 clerks and salespeople at Pilot Travel Centers LLC spent a combined 3,200 hours a week tracking and paying for orders for thousands of goods, ranging from candy bars to diesel fuel. They typed the orders into an accounts-payable database, and printed [...]

By | May 5th, 2015|Financial, News, Technology|0 Comments