Archive for the 'Accounting Software' Category

Designing a Professional Display with PowerPoint: Ideas to Assist

Friday, December 28th, 2007

PowerPoint has become such a common business standard that a ordinary PowerPoint presentation is immediately marked as such. specifically if you’re making a sales presentation, a poor presentation may even harm your business.

In other kinds of company meetings, they can help to underscore the point being made, or simply supply an outline for the presenter to follow. Putting time into creating a great quality PowerPoint presentation is a great way to prove to attendees of a meeting that the knowledge you’re giving is important, right,and in the case of sales presentations, financially valuable to all

Top Tips To Drop the Lost money caused by Double invoice Values and Improve the Processes in Your Accounts organisation

Friday, December 21st, 2007

Duplicate bills are one of numerous types of overpayment mistakes that happen within the accounts payable management function. The Institute of Internal Auditors have established that duplicate payments make up between 0.5% and 0.1% of yearly vendor invoice payments which means one in a 1000 bills could be a duplicate. If your organisation makes £50 million in yearly invoice payments you are probably paying out £50,000 or more in duplicate payments per year..

How Do They Happen?

The Secret Of How To Purge the Budget drain caused by Double payment Issues and Improve the Payment Methods in Your Accounts activity

Tuesday, December 18th, 2007

Although the Duplicate bills numberand size is typically less than compliance or pricing errors this sort of cost is largely feared by accounts payable management as the duty is on them to warrant that these errors do not occurby using recovery audit software.

How Do They Happen?

A typical invoice entry includes an invoice number, date, amount, supplier number and many other fields. If any of these fields are inputted wrongly or inconsistently, the software’s inherent check for duplicate payment will not be effective. Add to this fact there might not be a clear invoice numbering system it’s reasonable to witness how overpayments can slip through the net.

7 Secrets Recovery Auditors Would Prefer You Not To Kno

Friday, October 19th, 2007

1. They Cost Too Much – they are never free. Recovery auditors charge commissions of from 20- 50% of the amounts they recover for you. This can add up to a considerable sum. By using FISCAL’s Duplicate Payment FinderTM you pay just a fraction of what a recovery auditor would charge for a recovery audit. In addition on our Recovery Audit Software, our money-back guarantee ensures that, as a minimum, the software must pay for itself or we’ll refund the difference.
2. Their Value Is In The Technology They Use – and they often won’t let you use it directly. They are highly protective of their technology which has helped create a billion dollar recovery audit industry. When you work with FISCAL, you get that recovery audit technology directly on your desktop. And you are in full control.
3. They Don’t Help You Prevent Future Payment Errors – It is not in a recovery auditor’s interest to help you cure your problem. At FISCAL’s, we aim to be your duplicate payment solution for the long term. You can run FISCAL’s Duplicate Payment Finder TM as often as you wish – some of our clients use it on a weekly basis to analyse payments before the cheques go out. Prevention is much better than recovery.
4. They Keep The Information From You – Did you know that most recovery auditors keep the key information they find to themselves? At FISCAL we believe that you should have this information available at your fingertips so that you can control the recovery audit process. FISCAL’s software gives you access to all the data that may possibly be identified as potential erroneous payments and you are free to use as you wish.
5. They Take The Data Off-Site – usually when you hire a recovery auditor, you have to give them your payment history data, which usually involves it leaving your site. With FISCAL’s Duplicate Payment Finder, your data never leaves your site and always remains within your control.
6. They Can Cause Problems With Supplier Relations – it’s usual for recovery auditors to contact your suppliers directly. Since recovery auditors are paid by results, they can sometimes be too aggressive with suppliers, and create future relationship problems especially if they are trying to reclaim payment that was made 12-24 months ago. When you use FISCAL’s Duplicate Payment Finder, we have absolutely no contact with your suppliers.
7. They Can Upset Your Staff – We know of one case where a client revoked a recovery auditor’s security pass because he’d caused so much upset to their staff. As a client of FISCAL, we have minimal involvement with your staff, beyond the initial set-up phase (which can usually be done over the phone in a matter of minutes).
For more information on Recovery Audit Software for Duplicate Payments please visit www.fiscaltechnologies.com

Get In Control With Budgeting Software

Tuesday, August 28th, 2007

If you own a PC, it’s a wise move to make use of it to help you with your budget planning. Are you one of those people who find it hard to save and then when you do, somehing unexpected happens and your left right where you started from ? You’re not alone! Some people are blessed with a gift that allows them to manage their easily. But, for most of us it’s something that takes years to learn and we end up making many mistakes before getting it right. You Can find all sorts of programs, budgeting tools and spreadsheets that will help you make sense of your finances but in the end, which ever one you choose there are some fundamentals which are no different to the old fashioned pen and paper method. By using household budgeting software to help you with this, you will find that not only is most of the maths done for you, but you will be able to keep things far more organised and also get print-outs of specific information.