Friday, January 21st, 2011
Small businesses are scrutinising the behaviour and productivity of employees more than ever in an attempt to save money, research finds.

According to a study of more than 150 financial professionals by IRIS Exchequer Accounting Software, 69 per cent of organisations look to put in place a more stringent enforcement of their staff expenses policy in response to current economic challenges.

Nine out of ten firms are also implementing much tighter controls over purchasing procedures, with 53 per cent scrutinising timesheets in more detail.
Paul Sparkes, product director at IRIS, says that most organisations have already been through a sustained period of operational cost cutting but many are still under immense pressure to look for further savings in order to cope with economic challenges.

‘By getting an accurate picture of purchasing and exactly where staff are spending their time, managers can better understand their business and make more informed, strategic decisions,’ he adds.

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IRIS Exchequer Accounting Software

Exchequer from IRIS Enterprise software is used by over 16,000 businesses worldwide ranging from growing small and medium sized businesses. The award-winning business software has won ‘Financial Software Provider of the Year’ in the Real Finance/CBI FDs’ Excellence Awards more times than any other provider and has been named the 'Best rated accounting product catering for businesses in the medium range' in an authoritative survey by the ICAEW (Institute of Chartered Accountants in England and Wales).

For more information please visit or call (02) 9380 6220
Rupert Ralston
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Accounting Software, Australia, ERP, IRIS, Exchequer, Enterprise, Financial, Management, Accounts, System



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