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Tag: finance articles today

2023 Guide to travel and expense management

Posted on July 18, 2024 By Gusti
2023 Guide to travel and expense management
Finance
Travel and expense management is a massive undertaking, whether you have 50 employees who travel for business or 5,000. Accurately collecting and reporting on all travel-related expenses is a challenge for finance managers worldwide. Fortunately, in recent years, things have changed. Today, modern software eliminates the need for paper expense reports, manual reimbursement processes, and back-and-forth approvals.  In this guide, we dive into travel and expense management. We showcase the signs that your processes may not be up to date, and the solutions available to help you improve your processes. All about travel expense management  Travel and expense management (T&E)…

The Bank of Canada is expected to raise interest rates once more, cap at 5%

Posted on July 11, 2023 By
The Bank of Canada is expected to raise interest rates once more, cap at 5%
Finance
Article content The Bank of Canada will raise borrowing costs by another 25 basis points in coming months before capping its tightening cycle, economists said. Article content Canada’s central bank will increase its key overnight rate to five per cent in the third quarter, according to a monthly Bloomberg survey of 25 economists. That would be the highest level since 2001. Article content The outlook still more or less shows the economy headed for a so-called soft landing as policy makers push rates deeply into restrictive territory. Analysts raised their expectations for growth in 2023 to 1.3 per cent from…

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