Rethinking B2B Risk, Part 5: Improved Credit Risk Management Through New Technology

Credit risk management has become easier through technology.

Credit risk management has become more efficient due to emerging technology. Keeping your systems up to date is crucial in helping you manage your business

Rethinking B2B Risk, Part 3: Can Fast Response Times and Effective Credit Risk Management Coexist?

Embrace real-time reporting to retain customer interest.

By reducing the time between credit request and decision, a business and its customers can both benefit.

Rethinking B2B Risk, Part 2: Workflow Optimization — A Pathway to Lower Credit Risk

Optimizing complex workflow processes is a pathway to lower risk.

If your customer base is other businesses, B2B risk management needs to remain a top priority. Workflow optimization can enhance this process.

Rep. Aaron Schock Introduces WOTC Renewal Bill

WOTC Bill Renewal - law

In the wake of the stalling of “The Expire Act”, Aaron Schock of Illinois, a member of House Ways and Means, has introduced H.R. 5264 “To amend the Internal Revenue Code of 1986 to make the work opportunity credit permanent.”  This measure would extend WOTC permanently, and also retroactively renew WOTC to cover the current [Read More...]

Rethinking B2B Risk, Part 1: Is Your Organizational Structure Causing Undue Credit Risk?

Complex organizational structures can cause undue financial risk.

When extending credit to any business, B2B credit risk management needs to be a primary concern. This includes organizational structure — is yours a risk?

Equifax: Unemployment Flash Report – 8/1/2014

Subscribe Unemployment Flash Report

The August 1, 2014 edition of the “Equifax Unemployment Flash Report” – a biweekly newsletter providing regular updates on Unemployment insurance related matters is ready for download. Get the latest insights on key UI topics including: State FUTA Credit Reductions New Developments for specific states 2015 Wage Base and UI Minimum and Maximum rates We hope you find [Read More...]

WOTC Renewal – Expire Act Stalled

WOTC legislation sign

There have been recent rumors that a new path for WOTC renewal might be attached to a bill on the Senate floor for providing emergency funding for the highway trust fund.  While every avenue for WOTC renewal should be pursued, it is unlikely that WOTC could be part of the aforementioned transportation bill.  Certainly, Congress [Read More...]

E-Verify Releases System Enhancements

e-verify update

On June 22, 2014, E-Verify released a new set of system enhancements.  Highlights of the E-Verify release include the following: E-Verify Enhancements Impacting Equifax I-9 Management Clients: Duplicate Case Alert:  E-Verify will provide a duplicate case alert to help ensure multiple E-Verify cases are not created for the same employee.  When a case is submitted, [Read More...]

Infographic: ACA Compliance and the Hourly Workforce

ACA Compliance Warning

Equifax Workforce Solutions just released new data about the potential impact of the Affordable Care Act’s Employer Mandates on hourly workers across an array of industries including finance, retail, restaurant, education, healthcare and staffing. With the majority of the employer mandate taking effect on January 1, 2015, it’s critical that organizations make ACA compliance a fundamental part [Read More...]

Compliance Guidance for Remote I-9 Verifications

I-9 Compliance Remote

On May 2nd, the law firm of Hall, Render, Killian, Heath, & Lyman issued guidance on Form I-9 completion for remote employees. In addition to overall Form I-9 requirements, focus is provided on handling compliance of employees opting to work remotely.   Many frequent questions from employers are answered with confirmation from the United States Citizenship [Read More...]