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Well-established and well-thought-out procedures save time and money for each company. Setting up administrative, financial and accounting procedures | Amplus

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Setting up administrative and financial procedures and accounting practices

Why should every business have Policies and Procedures?

A well set and implemented procedure saves time and resources for all companies.

Setting up administrative and financial procedures and accounting practices

A well set administrative and accounting procedure saves time and resources for all companies. Existing of written procedures also means achieving a better price for the company’s service or products. Politics and procedures also means minimizing conflicts between the employees, clients and suppliers.

Which financial procedures should be implemented in each company?

  • Authorizations for separate work responsibilities
  • Petty cash management
  • Procedure for cooperation with banks
  • Procurement procedures
  • Procedure for receivable management