CIPFA HAS INVESTED in spend-control software, providing 150 members with the ‘Compleat Purchase to Pay’ product.
This is the first time Compleat has made its software compatible with Sage’s accounting system, and the institute is hoping to cut costs, as well as make employee expenses more efficient.
Group assistant director of finance Peter Woodman said: “CIPFA
recognised the opportunity to improve on the existing manual procurement process with an automated electronic solution that incorporates automatic budget checking and electronic authorisation.”
The institute is also hoping to boost efficiency in the purchasing process and increase control over corporate spending.
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
New BDO managing partner Paul Eagland reflects with Accountancy Age on which historical figure he would like to seek advice from - and what they would advise