ZAHARA BLOG

By Guest Author: Heather Smith Budgeting and cost control can be useful business tools when used properly, but if used arbitrarily, there are practitioners that believe you might be wasting your time…

Isn’t it astonishing that the biggest problems in accounts payables occurs before the purchase invoice even arrives with the AP team. But the resultant invoice can tie the team up in knots, trying t…

Running a business is not easy. There's never enough time and often the senior team are more focussed on top line revenues than managing the costs.     For many businesses, setting and ma…

Purchase Invoices - what a waste of time. According to Levvel Research's 2019 Payables Insight Report, 80% of invoices require multiple approvals. In many companies, that means at least 3 people need…

For many years, ‘keeping the books’ has been a critical function for businesses, however AP professionals, bookkeepers and financial controllers are often the unsung champions of day to day financ…

How things have changed... Back in the 80’s, when I was a demanding teenager, my dad went to work every day in a suit, and he went to his office. He worked there all day, doing paper work. He had a…

By Francois Badenhorst, Business Editor, AccountingWeb   According to a new guide from Zahara, there’s a big difference between ‘budgeting’ and ‘budget management’. While budgeting is…

Reviewing your actual performance against the budget is prudent business practice. As we’re half way through many company’s accounting period, its a good time to check you’re still on track to a…

In a recent Benchmark report from the Institute of Finance & Management (IOFM), Efficiencies were cited by Accounts Payables as their biggest challenge. Based on a 2 year study of nearly 400 AP …

Operational inefficiencies are a blight on business, yet are largely avoidable with some straightforward technical interventions. The procurement process is one such business function that has pthe o…

Great to welcome Andrew Van De Beek to Zahara’s Bath office recently. As a speaker at Accountex, Practicing Accountant and a 2018 Accounting Thought Leader of the Year, Andrew has real insights int…

When a supplier submits their invoice, they will typically have fulfilled their part of the contract, be it delivering goods or providing services. Therefore, the supplier should reasonably expect the…