So, you have decided you need software to improve your purchasing. But there’s a host of things to consider to ensure you select the right product for your organisation. This handy checklist should …
By Guest Author: Heather Smith Budgeting certainly has its place in the business world, but not all businesses understand how to make a budget work for their needs. I spoke with some colleagues to le…
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…
RIP Purchase Invoices 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 t…
Keeping an eye on Budgets is easier than you think. 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.…
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 ne…
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…
An article written to Accounts Payables Teams by a frustrated supplier. For over 20 years my businesses have been suppliers to larger companies. My first business was a TV and Radio production comp…
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 often…
How are you performing against your half year budget? Reviewing your actual performance against the budget is prudent business practice. As we’re half way through many company’s accounting peri…
For many companies in the building and construction sectors, purchasing is a pain. "We paid some sub-contractors twice for the same invoice. Our Director authorised payment of a paper invoice and t…
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 A…
Operational inefficiencies are a blight on business, yet largely avoidable with some straight-forward technical interventions. The procurement process is one such business function that has…
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 i…
Purchase-to-Pay Pain Points & Solutions - The Quick Win Fee Opportunity for Advisors As accounting firms and advisors seek out new revenue opportunities, they need look no further than …
Many companies recognise the importance of paying suppliers on time. They keep their valued suppliers happy and in return get better service and potentially improved prices. However, research indicate…
Business > Divisions > Workflow We have just updated Zahara adding some more functions. One of those functions is the conditional approval workflow starts which has been requested by many Zahar…