[vc_row][vc_column][vc_custom_heading text=""][text_output]As a business owner, one of your main priorities should be to ensure that you are spending your money wisely and controlling costs effectively. But how can this be done? In this blog post, we'll explore strategies for effective spending and cost control in businesses, so you can make sure you're getting the most bang for your buck. Read on to learn more! Defining Effective Spending and Cost Control Strategies To effectively manage finances, it is important to have a clear understanding of where money is being spent and how. Taking control over spending can help to ensure that
[vc_row][vc_column][vc_custom_heading text=""][text_output]The Steward also boasts a subset of our Business Intelligence solution, DynaCubes, a revolutionary tool giving you access to an almost infinite number of reports and queries, available at the push of a button. The full DynaCubes Business Intelligence Suite is also available as an option. In short, The Steward guarantees an excellent ROI in an “Office 2019” like environment; its users (Major Banks and Finance institutions) have reported up to 30% reduction in their administrative and telephone costs. Another feature included in The Steward, our “forms based auditing feature” releases your team and provide a complete audit trail,
[vc_row][vc_column][vc_custom_heading text="Dealing with Third Parties"][text_output]Purchase orders waiting to be sent to your suppliers, internal consumption items needing to be delivered to your departments or employees also trigger alarms and alerts. These alerts are customizable and are very easy to setup. Another important module is the Enterprise Asset Manager, coupled with a sophisticated Computerized Maintenance Management System, allowing your team to procure assets, depreciate them, maintain them either in house or through a sophisticated Contract Management System. Looking for an end to the never ending spiral of maintenance costs, trust the Computerised Maintenance Management System of The Steward to allow your
[vc_row][vc_column][vc_custom_heading text="Cost Control"][text_output]The Steward, our Cost Control Application provides your business with a solution to control and impute your administrative costs to the departments that have consumed them. It also offers as an option a complete Supply Chain Management to serve your staff base. The Steward boasts an entire procurement process, with pricing history and flexible category management.The cycle ends with sophisticated Accounts Payable and Treasury modules. By keeping track of expenses made for professional reasons, and those made for private purposes, recovering or charging the department of the person responsible for the spend is simple and straightforward. Time on
[vc_row][vc_column][vc_custom_heading text="Your Administration Expenses"][text_output]Your business faces growing consumables, communication, assets depreciation and maintenance costs. Part of this expense is for services to customers while the other part is use by staff. Often, when consumables used are not controlled, a trend sets in your environment. People become less careful with items that are made available to use on an everyday basis. In addition, time spent on the telephone is a resource cost to your business. Staff may be spending time, responding to requests made by your customers. They can also be making personal phone calls during business hours. These overheads, if
[vc_row][vc_column][text_output]I am a busy executive. The bank has put me in charge of its administrative affairs. When I took the job, I imagined my day as a sequence of well-ordered steps, culminating in matter of fact decisions with clockwork precision. It is 8:30 in the morning. Monday. The weekend is behind us. Lunch was nice in the little restaurant in the hills. The phone rings. Joe, the downtown branch manager is interrupting my email sorting session. “I have a problem with the air conditioning equipment, the day is going to be hot!” I wonder why Joe has called me directly, the head of maintenance is the
[vc_row][vc_column width="1/1"][text_output]In an ideal business world, documents travel across the departments with ease and monotony. We say that they flow. Unfortunately, things are never this simple. External factors, which are seldom under our control, continuously influence our business. Our documents have to perform feats to reach their final destination, and sometimes they never do. EXTREMELY SIMPLE SCENARIO Consider a very small distribution business. The owner’s only concern is to be able to receive goods from his suppliers and to sell these goods to his customers. In terms of the programmes he needs to run his business we find that, in addition to
[vc_row][vc_column][text_output]I woke up this morning while in the middle of a dream. It happens rarely. The good thing about waking up this way is that you remember the last part of the dream. Dreams, they say, reflect the subconscious thoughts of the previous day(s). I tend to disagree. Who would know what are your subconscious thoughts? They are “sub” and “conscious”. What is underneath “conscious”? Are we digging here? Anyway, as I was saying, I was dreaming about driving an old red Volvo, and I could not change gears. It was frustrating. I could feel the frustration and could do nothing about it. The funny thing is
[vc_row][vc_column][text_output]Why are the Virgin Atlantic stewardesses wearing red high heeled shoes? Is it to better serve the frequent flyers of the now legendary airline? It seems that even the legendary airline has lost its compass. The page referencing the high heeled shoes has gone missing! I have checked the Virgin website, I could not find it. I will stick to one of my favourite songs instead, and hope that the ‘spark’ will not ignite. Why is “Better serving our customers” a useless motto? Why is it almost impossible to please “some people most of the time”? Why is it better to say “NO” than to
[vc_row][vc_column][text_output]A few years ago, as we were developing a software application for a major wholesale and retail distributor, I made a new friend, a guy named Gordon Saris. That’s him above. (Don’t look, he is protected by copyrights; that’s why I had to remove his picture from here.) And if you are wondering if I misspelled his name, think again; I can assure you that this is what he is called. We should not be fooled by movie directors! Gordon acts like someone from fiction, but he sure feels real to me. His skills and experience. The goals he has set for his institution. What parts of running a bank he