Business Management, Financial Management
Reconciliations are a fundamental accounting process to check for accounting errors or fraudulent activity within your business accounts. Matching your internal financial accounting records to supporting records or performing analytical reviews of your accounts at...
Business Management, Financial Management
You need up to date and accurate information to make the correct decisions within the management of your business. One of the hurdles to this, is the delay in management information. This is usually due to month end processes not being efficient and being...
Debtor Management, Financial Management
Your clients and customers are a crucial part of your business. Without them, you can’t really call it a business. They do however need to adhere to your agreement on payment terms and unfortunately, many clients and customers need to be reminded of their...
Budgeting, Business Management, Financial Management
Failing to plan, is planning to fail. A well-planned budget process will facilitate a thorough rethink of your income cycles and cost processes. You might be surprised at what inefficiencies hide in your costs! As such, I am a fan of zero-based budgeting. If you use...