An Audit determines whether a process or transaction has followed the applicable rules or anything abnormal from the normal. This is the basic fundamentals to auditing and the auditor created rules to check if those transactions are Compliant or Non-Compliant. Every Audit is an independent opinion and by far it is always important to get an external opinion because your internal opinion can be biased or safeguarded within closed boundaries. The impact that an external auditor creates is larger than the information shared by an internal auditor. Saying so no matter how small or big your organization may be, Auditing should be an exercise that must be undertaken on a regular basis to keep your effectiveness and realize the company’s objectives also maintain an healthy system. So whenever an audit happens, you are always getting better than the last time.
Customer satisfaction is what should be our principle’s behind every work or project we execute. We should not assume we know what the customer’s want. Instead it is important to understand the voice of our customers using tools such as surveys and polling. Customer satisfaction is a small but important piece of the larger customer experience your organization has created. Without focusing on customer satisfaction, your customer’s overall perception of your brand will suffer. Some of the few reasons why customer satisfaction is so important
- Retaining customers is always cheaper than acquiring new customers
- Reputations of your brand is powerful
- It is a very crowded and busy marketplace
- Customer satisfaction drives your business and not simply growth
- Customer satisfaction improves every employee morale and add value to their growth strategy
Doing one without the other is like trying to row with only one oar – you’ll just keep going in circles. Therefore focusing on customer satisfaction should be the epitome of every business struggle today when adding value to your everyday work.
No matter what we learn and do, one should learn to convince and sell. If you have mastered that trade to sell, you have accomplished the major struggle in your career. This should be the trade you master at your work and be good at what you do. Once you are able to convince your work, you have mastered your trade.
Real Cash Stays Printed
There is no real cash than the one which is printed, the rest of the cash is a piece of code that exist on hard drive’s. I couldn’t imagine how many trees would be expected to be cut down when a trillion cash is in need. Now that’s a lot of money with many trees expected to be cut. Here comes the need for digital cash where you basically don’t print but code to be present on system’s or hard drives. These digital currency has taken names in the market place in the form of cryptocurrencies and requires a lot of resources like cpu and memory to mine a lot of them when the need arises. Learning to program with algorithms help’s you to generate your own digital currencies and this gives you a freedom to create cash which may be authentic or may not be depends on the demand of your currency. This indirectly saves a lot of forest life and make our planet evergreen by reducing the number of trees being cut. Going green is the best foot forward by making digital currencies and learning to code them can make our planet Earth more habitable. Learn to code.
Petty Cash On Cloud – Version 1.1
Petty Cash remains an area of company finance that receives a small amount for running their daily expenses and therefore receives minimal attention, due to this it makes petty cash a high potential risk. An improperly managed petty cash could make the workplace susceptible to fraud and compliance breaches. Therefore, a system in place could help the business proactively manage risk and keep track of its small finances for daily business operations.
One of the major advantages about using petty cash system is the option to not count or touch physical money to know it’s balance availability at any time or even avoid the usage of cash counting machines. Petty cash can be released based on the balance availability in the system which at the end of the day should reconcile with your physical money present inside counter. Whenever cash is released in the system, balances are automatically updated on real time and the transaction is recorded against the user whoever has released cash along with the receiver’s name and department. This helps you keep track and maintain record for future management reporting and company audits. Also, when cash balances run low, system gives you the option to top up petty cash balances against each department in your organization so you can continue to disperse money based on the daily needs.
Petty cash management security access control is in place so that only authorized users are given privilege for maintaining cash register, dispersing cash and uploading cash balances. This cloud-based management approach allows any number of petty cash accounts to be centrally managed and tracked on real time.
Petty Cash System – Apex
Introducing POC for the Petty Cash System developed in Oracle Apex. Attaching the proof of concept file below for download. For any enquires please contact email@example.com.
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