Duplicate Payments can disappear inside an Accounts Payable system

Accounts payable audit are necessary for any corporation which suspects it may be at risk of making duplicate payments, invoice payment mistakes or other financial hiccups – which can have a far-reaching and long-lasting effect on a company with a extensive accounts payable department. If a business is paying many different contractors and service providers, in can be easy to lose track of just how accurate its payments are. In the case of a company operating with out-of-date or ineffective systems, these payments can spiral until they represent significant losses.

That’s why most accounts payable departments commonly use a recovery audit, to see just where they’re misplacing money. However, recovery audits can be costly in themselves, and cumbersome, if the appropriate technologies are not in place. Increasingly, accounts payable audit are at their most effective when paired with recovery audit software that automatically sees flaws in accounting and invoicing systems. This includes the identification of inaccurate or duplicate payments, overpayments, missed discounts, currency conversion errors, unclaimed cheques, incorrect tax adjustments and even attempted fraud.

Due to the expense and complexity of good-quality recovery audit software, most firms use services that provide them with built-in tools. Because these tools are the main function of an accounts payable software company, rather than a sideline, the company can invest a lot more in keeping them up to date and at maximum productivity – basically, hundreds of clients will share the cost of one software system, and have the hassle taken off their backs.

Generally, recovery audit software is accessed online, with clients able to check in on the process and see results in an accessible format whenever they want to. No more waiting for office staff to come up with reports or worrying about what they might have mistaken – the software is kept backed up and up to date by the company supplying and operating the software. Much of this software includes prevention tools that make recovery audit a constant process, rather than a regular labourious task: and make sure that mistakes, frauds and overpayments are stopped at once. For some large companies, this represents a saving of millions of dollars, even before they factor in the staff time and office resources that have been freed up by relying on a software system. Many systems will even automate historical claims to debtors or contractors, so that the lost revenue is back in the company’s account as speedily as possible.

In the realm of accounts payable audit, this software can be an indispensable tool. Human error is all but eliminated, and employees can breathe easily, knowing that they’re not throwing away money through mistakes that get lost in the net.

Please visit http://www.fiscaltec.com/uk for further info.

 

Golden Boy Coaches: Coach Hire London without the hassle

For experience, simplicity, and peace of mind, Gold Boy Coaches is your first choice in luxury coach hire and minibus hire in London. Whether you are planning a school trip, private outing, or business function, Golden Boy Coaches have the know-how and the capacity to get you to your destination in style and comfort, every time. Our experienced drivers, local knowledge and no-nonsense quotation system mean that you can organise the events and outings that you need to, safe in the knowledge that transport will not be a problem.

When it comes to luxury coach hire, Golden Boy is the last word in professionalism. All our drivers are subject to a stringent training programme which we carry out ourselves, in our own training facility. Unlike some coach hire London or minibus hire firms, we pride ourselves on keeping fastidiously up to date with the latest international standards, which is why all our drivers hold a CPC (Certificate of Professional Competence). Our drivers are proud to wear our uniform – and we are proud that our uniform is worn by them. When you see the distinctive livery of Golden Boy coaches, you can rest assured that you are in the presence of the very best in the industry. But don’t take our word for it – our commitment to safety has been officially recognised by the UK coach safety rating system BUSK, which has awarded Golden Boy the maximum rating of six stars.

Coach hire london requires specialist knowledge, and lots of it. We operate from our purpose-built base in Hoddesdon, on the borders of Essex and Hertfordshire, where our family-run business has been based since its foundation in 1968. The mix of a local setting, a long history and a family ethos means that we have built up a large store of knowledge and connections which are vital to running an effective London coach hire service. That’s knowledge which often escapes other coach companies.

But just because we’re long-established doesn’t mean we are nostalgics. We are no stick-in-the-muds: we are dedicated to investing in our fleet to make sure that you can enjoy the most up-to-date luxury coach hire experience possible, with drinks machines, CD and DVD players, air conditioning, bathrooms and many more features that provide you with top-of-the-range service.

 

Please visit http://www.goldenboy.co.uk/

Presentation Design Service: The X Factor

Powerpoint presentations are extremely easy to throw together, thanks to the simple and intuitive design of the software. Unfortunately, it has been a victim of its own success – or more likely, your organisation has – because a good presentation design company is a much rarer beast. Sales presentations that engage and convince people and give them something to take away with them are few and far between. This is why there are companies that specialise in corporate presentations and building sets of highly effective Powerpoint slides: done well, they can make all the difference in securing a bid or winning a contract. Done badly, your intended customer or audience will have switched off and dumped you as a prospect before you’ve got to the end of the first five minutes.

If you want to do it yourself, there are a few points to bear in mind. You may, like others, be tempted to crush in all the information you can – apparently ‘making the most’ of the canvas you have – and repeating your spoken presentation on the screen (and perhaps, for good measure, triplicating it with a handout, too…). This won’t do you any favours.

Start by planning the narrative of your presentation on paper, ensuring that you have a thread and a story that directs the audience through from start to finish. A disjointed presentation will lose their attention and leave them unimpressed – fast. When it does come to designing the slides, keep the background unadorned and simple: you don’t need unnecessary distraction. One idea for each slide is good. If you try to cram in too much they will be overwhelmed and won’t take in anything very much. Make the point, and make it well. You can use suitable graphics to illustrate your point in a way that is impossible using the spoken word – a diagram showing year-on-year results or other data, for example, is infinitely more effective than explaining them yourself.

Finding the right presentation design company is an art as well as a science, and you can’t underestimate how important Powerpoint presentations are in winning over your audience. They are an expected feature of sales presentations, but they are usually done so badly that if you can improve on the average you will immediately gain an edge over the competition. It doesn’t take much – just a willingness to do a bit of research and scale back your ambitions in the interests of doing a little very well. Simplicity is everything.

Please visit https://www.eyefulpresentations.co.uk/

London Schoolwear Supplier … or high street stores?

Clothes are expensive and school clothes can be particularly so, especially as they don’t fall into the category of discretionary spending. School uniforms can represent a significant sum of money when everything is added up – not only shirts, jumpers, trousers/skirts, perhaps blazers and even socks, but also shoes, sports kit, after school club clothes and equipment… Then add other bits and pieces like stationary, pencil cases, calculators and so on, and multiply by the number of children you have at school. It all adds up, and in these squeezed times many families will find that it is a very unwelcome addition to their monthly expenditure. The good news is that a London schoolwear supplier who operates online can save you a lot of money, as well as making the shopping trip far less stressful than it could be.

Many parents will have experienced the stress of trailing around the standard high street shops, planning to pick up all their children’s school clothes in one go. You can do it in a day, but it’s not fun: you’ll probably have to visit several outlets, and since you’ll probably be bringing your children with you to make sure the clothes fit properly, you’ll have to contend with them getting more and more unwilling as the day goes on.

The alternative is to measure them up at home and buy what you need over the internet. Look for a reputable store that stocks all the major brands and you could find exactly what you need, all under the same virtual roof, from skirts to stationary. You should save a lot of money, because these online stores don’t require lots of staff or big bricks-and-mortar shops in prime locations on the high street, so their overheads are lower. Make sure they have a good returns policy, just in case you pick the wrong item or something that turns out not to fit properly.

Buying school clothes need not be the hassle you are used to. A decent London schoolwear supplier will be able to fulfil the role that the high street does, only at better prices. You can do your shopping for school uniforms at a time that is convenient for you, during your lunch hour or in the evening, from the comfort of your office or home rather than trailing the streets. There are even options to have the clothes delivered direct to school, so if you have left things until the last minute it need not be a disaster.

Please visit http://www.uniform4kids.com/ for further information about this topic.

http://www.uniform4kids.com/

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Commercial Property North London – for the Long-Term Investor

Since the crash of 2007-08, Commercial Property in North London has undergone not one but two exceptional reversals of fortune. Prices were down some 40 percent – 50 percent in some areas – and have since leapt back due to a bottleneck of new development. Meanwhile yields have adjusted accordingly, and the ebb and flow of empty space has had its own consequences on rents. The result is that if you are looking for shops to rent in North London, vs a commercial property in north london, there are many different opportunities available and your decision will rest on a number of factors – not least what your long-term aspirations are.

The complexity of the situation means that it is advisable to talk to a trusted independent financial adviser or accountant, plus a good estate agent. Now may be a good time to buy in certain locations; however, if you do not have the funds to do so then you will need to look at other alternatives. The comparative weakness of the pound not so long ago has meant that foreign money (much of it from the Middle East) has been pouring in and prices have risen.

Obviously location is vital to the success of your business if you occupy certain sectors such as retail. In other instances you might afford to be off the beaten path a little. Another factor is if you intend to be a landlord yourself. If you are letting or subletting part of your own premises then this adds another dimension to your business plan and the potential viability of your accounts. Indeed, in the short-term this might be a good way to make ends meet while you wait for the market and business in general to brighten.

When it comes to commercial property, London has a vast range of choice in every sector – and, of course, you are spoilt for choice for location. But shops to rent in North London are a very different prospect to industrial buildings, office space or residential in other parts of the capital. Thus if you are looking for a commercial property in north london, or to rent, or another form of commercial property, this only underlines the importance of a strong business plan. Economic constraints mean that this will, in any case, be a vital part of any loan application. However, whereas in the past you may have managed without one, it is now extremely unwise to skimp in this respect.

Please visit https://www.claridges-commercial.co.uk

Presentation Consultancy
Engage Through Visuals and Sound

Powerpoint presentations are seldom thought of as super sources of innovation. Many of us can think of a number of conferences attended where Powerpoint design was used but to no obvious benefit of either speaker or audience. But Powerpoint is often used badly, especially in the instance of sales presentations where some of the worst offenders insist on merely repeating on-screen what is already being said. This is a mistake; when Powerpoint is utilised to its full capacity it should complement and supplement the speaker’s message.

Before we go any further we should explore the positive multidimensional nature of a presentation: a presentation can involve an audience visually, aurally and, if you take questions from the floor, orally too. It’s therefore the ways in which we give and receive messages in these ways that makes for a presentation’s success or failure. Ideally, the speaker should look to reach the optimum standards in communication by combining all of the above. Of course, some topics or styles of address will lend themselves to divergent percentages of visuals, speech/sounds and audience participation, but take a typical sales pitch as a key example.

When it comes to the category of sales pitches we must recall that audiences are becoming increasingly savvy about how they approach products and services these days. They are well aware of their existence as impressionable consumers surrounded by advertising on an everyday, sometimes all-day-long basis. Think of the average worker in London: he or she wakes up to an alarm set on a smartphone that no doubt has a number of applications containing promotional material in addition to their primary function. Then the radio or TV is switched on and more adverts are encountered. And that’s even before a tube or bus journey has been completed where billboards, posters, flyers and free papers abound. But this is not to say consumers do not want to be alerted to products that interest them, it just means it can be difficult to convince them that what your business is offering is really worth their while.
Innovative powerpoint presentations can help the seller out greatly.

Immediately, through human presence, the speaker is in an advantageous position as body language will aid the on-screen visuals and sound in terms of increasing audience engagement. The speaker can in fact think of him- or herself as a story teller working sales presentations into enticing narratives. Powerpoint design then becomes a prop rather than a repetitive piece of machinery.

Please visit https://www.eyefulpresentations.co.uk/

Glass Louvres – shade structures and power them too…

Brise soleil designs are an iconic feature of 20th century architecture. Popularised back at the beginning of the century by important modernist architects including Le Courbusier (‘the raven’), a French design visionary, nowadays these structures are providing permanent shade for buildings ranging from stylish homes to university constructions and airports. And that’s not all: thanks to the ability of glass louvres to harness sunlight while they shade buildings from it, valuable solar energy is being generated through these designs, with a vast range of cutting-edge external louvres controlling air intake and discharge for the utmost efficiency.

A brise soleil system is a series of blades angled to the optimum position for providing shade, preventing overheating and energy expending. When creating an efficient architectural design, glass louvres are integrated into shading systems to maximize sunlight during dark times, and to utilize the sunlight’s photovoltaic energy on hot days. They help to protect buildings from sun damage and from overheating, and are invaluable for cutting down on air conditioning expenses (and the associated release of carbon dioxide into the atmosphere). They also produce a striking modern effect, and can be etched into or tinted to enhance the building’s appearance.

Meanwhile, the external louvres utilized by architects provide further screening from unsightly elements of a building, while also serving the double function of maximizing ventilation while keeping out rain and wind. Usually, they cover grills over exhaust pipes and air supply points to release a steady circulation of air from the outside. Cutting-edge design allows them to serve this function while also shielding the building’s interior from the elements, even including the snow and hail felt in chillier climates. Glazed louvres can also be used within windows and doors.

The architectural style which uses sun screening solutions hinges on an aesthetic of efficiency, creating buildings whose modern clean lines aren’t merely decorative, but an integral part of the building’s workings. They are popular largely because of their streamlined style, but also because of this capacity to offer multiple functions at the same time as being decorative. People who plan using this method are looking for long-term reductions to air conditioning, heating, light and ventilation costs. Nowadays many glass louvres come with photovoltaic technology to actually harness the energy of the sunlight into a building’s generators. Looking to a future where buildings are expected to exist in harmony with their surroundings, and climate change is more and more pressing, brise soleil systems will become more and more ubiquitous as architects plan for the long term.Â

Please visit http://www.maplesunscreening.co.uk/ for further info..

Accounts Payable Audit Systems – Provide A Preventative Solution To Expensive Recovery Audit

If you’re concerned that your business is losing money through fraudulence and error, then turn to accounts payable audit systems to ensure that you are protected from these unnecessary overpayments. Hazardous duplicate payments can add to up to costly amounts for many medium and large businesses. Recovery audit software can provide a cost-effective solution to avoid duplicate payments and are an affordable alternative to expensive recovery auditing.

Implementing recovery audit software has many business benefits, and is cheaper and easier than you may think. First of all, recovery auditing software chiefly and crucially saves you money because it prevents unnecessary payments. This is no small benefit. Recovery auditing software acts quickly to recover duplicate payments, which is vital as the possibility of retrieval diminishes every month as your suppliers go out of business, merge or get bought. The older your invoices are, the more they’ll cost to recover, so it’s advisable to get on top of them as soon as you can. Accounts payable audit systems enable you to act fast.

Secondly, recovery auditing software is low-cost compared to calling in recovery auditors to identify and recover duplicate payments. The software is capable of dealing with invoicing errors, compliance issues and supplier fraud, as well as duplicate payments. There is a significant risk that medium and large organisations pay their supplier invoices twice. These are the most common and expensive overpayments in the accounts payable process, amounting to a non-trivial percentage of your organisation’s annual spend during the process from purchase to payment.

Thirdly, recovery auditing software requires no costly training, contrary to what you may think.  It is easy to use and free online training is often offered by the provider. This software empowers your own Accounts Payable teams with the right tools to eradicates overpayment, so expensive auditor fees are cut and internal processes are improved. Auditing software aids your Accounts Payable team in their efforts to control and improve processes. With these tools at hand, you can respond your business’s specific needs, reducing fraud and risk and increasing productivity. Once installed, the software prevents duplicates before a payment run and therefore avoids the high expense of recovering money externally or internally.

It’s simple to health-check your business first to verify whether overpayment is an issue for you. Most providers offer an AP health check for free if your organisation qualifies. The evidence produced forms a sound business case for implementing the software. To make a substantial difference to the cost-efficiency of your AP systems, consider recovery audit software. All past payment data is processed by accounts payable audit systems, so that not only are your previous duplicate payments accounted for, but you can look forward to compliant and accountable payments in the future. Protect your valuable working capital – at such a low cost of ownership, it makes excellent business sense.

Please visit https://www.fiscaltec.com/us

Do you need Recovery Audit software?

Accounts payable is the outstanding sums of money owed to and by your organisation. In the course of doing business you will provide products and services to various parties, who will pay you for them. However, payment is not straight away; usually an accepted period of time will pass before the invoices are fulfilled. This may be 30 days, though in some instances it can be two months or more. In other cases just a fortnight is considered acceptable. An accounts payable audit explores what money is due to your company. recovery audit software can be used to investigate the different invoices that are outstanding and find out whether they should be paid (by you), or should already have been paid by clients. One of the most relevant types of overpayment for businesses is duplicate payments, which can arise either accidentally or intentionally through fraud (a company that receives a large number of invoices may not know if a duplicate comes in, and will pay it without checking). Whichever one, you will want to avoid these and other forms of unnecessary overpayment, whilst ensuring that those who owe you money pay it when they should.

Most companies underestimate the financial impact that accounting mistakes cause. If your accounts are in order, you will be paying suppliers on time. However, others may not be treating you with similar courtesy. There will be parties who pay late – perhaps consistently late, or perhaps some have never paid you for certain jobs. Then there are suppliers who have incorrectly invoiced you, or instances where reasonable error has resulted in inaccuracies on an invoice or a copy; invoices typically have many fields of data on them, so this can be a common occurrence.

Studies suggest that perhaps one in a thousand transactions is an overpayment, with duplicate payments being one of the most frequent errors. If your business entails a large volume of transactions, you could be losing substantial sums of money in this way. An accounts payable audit will find out exactly how much account errors are costing you every year. recovery audit software will enable you to get this back, but this is something you should pursue quickly: the more time passes, the lower the chance of reclaiming the money. Additionally, where the errors are a result of fraud, you may need to take legal action – and, at the very least, put in place measures that stop it occurring again.

Please visit http://www.fiscaltec.com/ for further info.

Luxury Coach Hire: An alternative to driving yourself

When you’re organising a lengthy journey for a large number of people, there are a few limited options open to you. You can arrange for everyone to make their own way there – something that results in varying travel times and some people probably getting lost. You can arrange to meet centrally and take public transport, which is expensive and impersonal. You could try signing people up to car-share, but this is likely to be an administrative headache – and is also costly, since you are still taking a number of cars. Another alternative is to opt for luxury coach hire (or, if your group is only 16-19 people, minibus hire). Coach hire London is an excellent way to make your journey, since you can choose a firm that provides all the conveniences you need for comfortable travel.

Modern luxury coaches come with a wide range of facilities to make your trip as smooth and enjoyable as possible: air-conditioning, drinks machines, wash rooms, DVD and CD players, and tables. In fact, these state-of-the-art coaches are a world away from the dirty cattle trucks known to most people from unwelcome school trips, in which every mile was a trial and travel sickness was thrown in at no extra cost.

There are other benefits to luxury coach travel, beyond comfort. Economies of scale come into play in a way that simply doesn’t apply if you are taking several cars – even if you are lift sharing. If you are going with a group of 50, it is much cheaper per-person – even if you are paying for a driver. This also has benefits to the environment. Furthermore, on particularly long journeys there is the advantage of not arriving at your destination weary – important if you are going on holiday or to a sports fixture.

Coach hire London is a great way to avoid all of these problems, and luxury coach hire is a far more comfortable and relaxing way to travel than the other options. Coaches come in various sizes; minibus hire tends to be the best bet for smaller groups (up to 19 people), and there are mid-sized coaches that accommodate up to 33 people. For the largest groups of 40 or 50 people, there are still coaches available. If your group is bigger than this, you can still hire two or more coaches from the same company, enabling you to arrive at the same time.

Please visit http://www.goldenboy.co.uk/