Global business travel spending is on track to hit a record $1.71 trillion this year, a 7.2% jump on last year. What's notable is that the number of actual trips is only expected to rise by around 1.3%. Businesses are not travelling much more. They are simply paying a...
K-12 families are expected to spend around $864 per student this back-to-school season, 24% more per person than seven years ago. Meanwhile, the districts those students are walking into are managing tighter budgets than they have in years. Federal education funding...
Nine in ten charities have introduced restrictions on their own services this year. New research interviewing senior leaders at 100 charities holding more than £5 billion in investments found the figure closer to 96%, a scale of rationing that would have been...
Ask any finance leader whether their team uses AI, and the answer is almost always yes. Ask them whether it is actually working, and the confidence drops fast. According to recent research, 97% of finance departments have adopted AI in some form, up sharply from 76%...
Every so often, the Department for Education updates the technical detail that most people outside a trust finance team never see, the chart of accounts. It sounds administrative. In practice, it shapes how every trust records and reports every pound it spends. The...
There was a time when a late invoice felt like the exception, a one-off, a supplier having a bad month. That is no longer true. In 2026, being paid late is closer to the default. New data shows 92% of invoices are now paid after their due date, up from 87% just a few...
If your non-profit passes federal grant money to other organisations, the rules have grown stricter. This applies to partners, local chapters, and subcontracted service providers. The tightened oversight concerns how closely you must monitor that funding. 2026...
Every few years, the federal government rewrites the rulebook that governs how non-profits manage grant money. This time, the rewrite is bigger than usual. On 29 May 2026, the Office of Management and Budget, together with roughly 40 grantmaking agencies, published a...
Ask most finance leaders how long it takes to approve an invoice, and you'll get a rough guess. Ask them to prove it, and the answer usually gets a lot less confident. That uncertainty is more common than it should be. More than half of businesses, 56%, now spend over...
