Intelligent systems makes even average employees intelligent!

2. Let us control the controllable!
Setting up Systems is in our hand.
 Finance
 Marketing
 Production
 Human Resource
 Materials

3. Do you check each and every purchase
voucher!
Let us follow this system so that your accountant can do this job.
1. No purchase to be done without a system generated P.O.
2. All PO’s to be signed by authorized signatories.
3. No payment to be done unless purchase invoice is supported by
system generated purchase entry, system generated GRN (Goods
Recd. Note) and In Gate Security / Stores officer signature in
original on the GRN.
4. All payments to be done on every <Dayoftheweek> from<Time1> to
<Time2>

4. Do you check Petty Cash Vouchers?
 Prepare cost centers
 Set budgets for every cost center
 Check budgetary compliance periodically from the accounting
system software
 Take action for non- compliance by posting penalty on the
responsible person

5. Do you conduct EOD Closing everyday?
• EOD = End of Day
• Set a time of the day wherein you check if all transactions done
during the day has been posted correctly into the system or not. This
will take 10 minutes
• Close the day so that no further change can be done on a back date
• Reconcile accounts every Saturday

6. Do you conduct SOD & EOD for
Sales Dept everyday?
What do you track in SOD ?
- Plan for the day
What do you track in EOD?
- MNOC/day (Min no of Contacts per day)

7. Have you defined KRA & KPI for each
employee?
 Role Clarity
 Responsibility is measured
 Continuous empowerment and enablement is facilitated
 Team is more important than individuals
 Process runs the team