Legal / Contract

The ‘silver bullet’ in managing travel and entertainment expenses

Organisations that do not use an automated travel and entertainment (T&E) expense management service are falling behind in almost every measure of financial management. These organisations as ‘laggards’ and presents figures showing that they pay 37% more to process their expense reports; they take three times longer to reimburse employees; and they are essentially working […]

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A minefield of misinformation – Tackling the challenges of BEE perception

It’s been two years since the introduction of BBBEE (Broad Based Black Economic Empowerment) and yet there is still a critical need for information about this phenomenon. This lack of information perpetuates misconceptions around BEE – rather than empowering employers with the right framework for implementation, the limited knowledge available creates an emotional environment that

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Call for Papers – Tendering Best Practices and Effective Implementation of the bidding process conference

How to effectively conduct Tendering and Bidding processes in line with World Class Practices in both the Public and Private Sector is the theme of the Tendering Best Practices and Effective Implementation of the Bidding Process – Conference to be held on 29-30 July 2009. SmartProcurement is calling for papers from interested (and even afflicted

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Finally, first BEE verification agencies accredited

The Association of BEE Verification Agencies (ABVA) has welcomed the announcement by the Minister of Trade and Industry, Mandisi Mpahlwa, in terms of verification agencies that have completed the accreditation process conducted by the South African National Accreditation System (SANAS) on behalf of the Department of Trade and Industry (DTI).

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World Class Operational Procurement: Where’s my stuff?

Part 8 of a ten-part series that examines key operational aspects of the so-called “Purchase to Pay” value chain by Independent Contributor, Peter Alkema – Head: Purchase to Pay at ABSA  “The request was authorised, the Purchasing Order (PO) was created and communicated to the supplier, and now the goods or services are expected to

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The impact of the financial crisis on SA, and why BEE is now more important than ever

When the current global financial crisis peaked in 2008, the South African economy was held together by its strong foundation which benefitted from several past regulations that minimized investment flows out of the economy. Factors that have been in South Africa’s favor include our exchange control, our healthy banking system, the infrastructure investment by government

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Implementation of BEE hampered by bad information

Insufficient information is one of the biggest hurdles to the implementation of Black Economic Empowerment (BEE) policies and legislation in the workplace, which perpetuates negative attitudes towards BEE, distorts the BEE process, and also devalues those legitimate BEE business owners in the marketplace, Alex Soare of BEESA BoxSmart told SmartProcurement

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SMME Development as a driver of BEE Procurement opportunities and the economy as a whole

“Governments, policy makers, even the World Bank, all agree that small businesses are the growth engine in any economy. Looking at other countries as an example, 95% of organisations in Australia are from the Small Micro Medium Enterprises sector (SMME), whilst Germany’s economic growth was also led by SMMEs. The same applies to South Africa

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Quadrem delivers African market new services powered by SAP® Software

Quadrem has signed a global Business Process Outsourcing (BPO) agreement with SAP AG. The organisations will work together to help customers reduce the cost and complexity of implementing and operating integrated electronic sourcing, procurement, invoicing, and contract management processes. In addition, Quadrem’s BPO services have qualified as ‘powered by SAP’.

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Tendering Conference and Technical workshop in May 2009 launched

Following on research resulting from the Strategic Sourcing Conference held in October 2008, SmartProcurement will be hosting an in-depth conference on Private and Public Sector Tendering. Tenders are a fundamental mechanism by which procurement departments achieve their strategic sourcing objectives, and by which they contribute on a massive scale – in both the private and

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