by Wayne Merry | Jan 24, 2020 | Business, Supplier payments
Fraudsters and criminals are always looking for soft targets. Hundreds of years ago, defenseless people were held up on highways and told to hand over their money. Fast forward to today, we have new ways of having money stolen from us. One way is for the fraudster is...
by Wayne Merry | Nov 21, 2019 | Supplier payments
Life is often very busy in small business. As a result, you may feel you have no time for anything but the bear essentials. Purchase orders might seem one of these luxuries. On the contrary, they can save you both time and money in managing costs in your business....
by Wayne Merry | Nov 19, 2019 | Supplier payments
Why use cards? Procurement cards or company credit cards are convenient. Cards are widely accepted. They can be linked to phone payment facilities like Apple Pay and Samsung Pay. Wechat Pay is more used than cash going into the 2020’s in China. Cards excel in...
by Wayne Merry | Nov 13, 2019 | Employee expenses, Supplier payments
What is petty cash? Petty cash is a control around cash. It consists of cash and receipts kept in a box. Petty cash then has rules about how to manage what goes in and out of that box. Petty cash exists to fund small expenses in an office or other incidentals. It is...
by Wayne Merry | Nov 12, 2019 | Employee expenses, Supplier payments
Imagine you have 10 employees in your small business. These people are doing lots of things. They also traveling travel to lots of places. How can you keep your head around all the work expenses that this generates? When your staff ask to be reimbursed for their...