When it comes to 1099 and Unclaimed Property Reporting, many organizations are still handling this process manually – often throwing pizza parties to motivate teams to get forms mailed or filings submitted on time. As many AP professionals know, these reporting requirements are time intensive and when done manually are prone to human error leading to audit and penalty risk.
In this session you will learn:
- What is 1099/1042 and Unclaimed Property Reporting?
- What is the risk associated with manual processes?
- How automation can mitigate compliance risk and improve efficiency for AP teams
