[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 was being interviewed by an auditor from the Central Bank control commission. She wanted to know what was the effect of changing, without due authority, the interest rate of a factoring account on the monthly payments of the client. The lady suggested that the question would have been easy to answer if we had an audit trail for the database in place. (the Form based audit trail was born). Later on that month, all the might of the control commission was exerted when we had to handle the access control to the application and the database. (Access control was devised). During this period
[vc_row][vc_column][text_output]Hello, my name is Carla and believe it or not, I am not a girl. I am not a cat either, nor a domestic animal with a girl’s name. I am an application! My creator had the puerile idea of using an acronym , (a word formed from the initials or other parts of several words), to name me. He used the initials of Call Accounting & Resource Logging Application, and I was born! For those who believe in reincarnation, you might say that this is my third ‘renaissance.’ I first appeared on a rocky beach a few kilometers south
[vc_row][vc_column][text_output]Every once in a while a great question is asked, and the immediate reaction of people listening to the conversation will say:“That’s it! You have hit the nail on the head!” Strange thing is that the answer to the question is not forthcoming, it only opens the door to a better understanding of the problem. It steers the conversation towards uncharted territory, with exciting and unexpected end results. In a great book by Peter F. Hamilton, the Silfen, an elf-like race, choose to wander across uncharted alien worlds on Paths. New paths open upon reaching a destination, transforming their journey
[vc_row][vc_column][text_output]People think that you are doing nothing if they don’t know what you are doing! A good friend of mine, not the talkative type, mind you, came up with this saying one evening I was complaining that very few people appreciated what I did. This encouraged me to start this blog, to share what I was doing, and to talk about my likes and dislikes. Although my job takes most of my time, I find it exciting to read — all types of materials — and be surprised by the never ending ingenuity and sometimes stupidity of mankind. On this trail, I came across an interesting book by Richard Koch
[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