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Archive for Category: Blog

THERE IS BEAUTY IN SIMPLIFYING

Simplicity is a word rarely associated with Accounting! The common words and phrases one is likely to encounter include “Ad hoc” “business specific” Urgency, “we need payments processed yesterday” “Not possible to standardize” “Case by case basis” “this won’t...

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BUSINESS TRANSFORMATION WITH LEARNING

“Think. Transform. Grow. Your Success Story” – An Infomate Transformation initiative led byClyde Rodrigowas rolled out in January in collaboration with Geetha Wijesinghe, Aruni Kalyani,Dylshan Perera,MohamedAsurdeen,SelvarajahKamaalraj, Ranga Wijewardana &Jehan Perinpanayagam. This initiative will: Inspire, enable & navigateour young...

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HIDDEN RISKS IN AN ACCOUNTS PAYABLE PROCESS

RisksIn a traditional finance division, the departmental structure is usually functional with a specific individual or team responsible for Accounts Payable and a separate team responsible for Accounts Receivable. This structure is vulnerable to collusion between Accounts payable staff...

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