skilful finance with the HR audit. May 2 product facility manager to manage the finances of the Tally usage Staff trained in division reviewed, rights Tally software Design tally to meet System More training Done. and security control the needs of the improvement will offered to3 given according to Financial reporting product facility be in line with ISO finance assistants needs and activity regularly Recommendations for PF, Arua, and processes disseminated Conduct more and the system Mbale training of Tally audit to be done financial software (see below). Tally training done Implemented the for specific staff, Develop cost drivers 25% cost coaching and and cost absorption Training in report sustainability drive troubleshooting strategies to show writing was done. have been a growth in capacity continuous activities Sales staff are Deploy a sales daily A sales daily debt charge of the debt collector collector – debts, discussions staff to be are on to ISO Certification appointed. find a debt training ongoing, Sound financial collector/credit with evaluation None. management and controller completed. reporting (both cash and inventory) regularly disseminated ISO Certification Quarterly financial training started, report prepared reviewing the and presented for work-operations discussions processes Sustainability test in Quarterly financial progress report prepared and presented for discussions Accurate and Implemented, to Implemented, Ongoing Ongoing Good relationships with customers and timely statements improve as with needs strong suppliers perceived for customers and above by resulting from suppliers orientation financial authority accurate and timely statements Capacity of warehouse Warehouse Training done. Training not done No further training Warehouse and staff trained staff More specific in this quarter was conducted stock training and oriented trainings planned conducted in A team of to the new professional, KPMG conducted for Feb 2012 relations to ISO challenges proactive members reviews in stocks training of staff developed Sales target in force Sales force management, HR, Warehouse staff and being reviewed training not done, Finance and trained and oriented for performances planned for Feb debtors, to the new tracking procurement and challenges Interviews sales and made Restructuring conducted and valuable plans are selection done for recommendations Sales force underway to RSR – North which are being empowered to make change sales a difference in their implemented activities and Commission sales staff into contribute to agents commission sales achieving overall overhauled: 2 new
skilful finance manager to manage the finances of the division Design tally to meet the needs of the product facility Conduct more training of Tally financial software Develop cost drivers and cost absorption strategies to show growth in capacity Deploy a sales daily debt collector Sound financial management and reporting (both cash and inventory) regularly disseminated product facility Staff trained in Tally software Financial reporting regularly disseminated with the HR audit. System improvement will be in line with ISO Recommendations and the system audit to be done (see below). Training in report writing was done. A sales daily debt collector – staff to be appointed. May 2 More training offered to3 finance assistants for PF, Arua, and Mbale Implemented the 25% cost sustainability drive Sales staff are of the debts, discussions are on to find a debt collector/credit controller ISO Certification training started, reviewing the work-operations processes Quarterly financial report prepared and presented for discussions Tally usage reviewed, rights and security control given according to needs and activity processes Tally training done for specific staff, coaching and troubleshooting have been a continuous activities ISO Certification training ongoing, with evaluation completed. Quarterly financial report prepared and presented for discussions Sustainability test in progress Done. None. Good relationships with customers and suppliers perceived resulting from accurate and timely statements Accurate and timely statements for customers and suppliers Implemented, to improve as with above Implemented, needs strong by financial authority Ongoing Ongoing Capacity of warehouse staff A team of professional, proactive members of staff developed Warehouse staff trained and oriented to the new challenges Sales force empowered to make a difference in their activities and contribute to achieving overall Warehouse staff trained and oriented to the new challenges Training done. More specific trainings planned for Feb 2012 Sales force training not done, planned for Feb Interviews conducted and selection done for RSR – North Commission sales agents overhauled: 2 new Training not done in this quarter KPMG conducted reviews in stocks management, HR, Finance and debtors, procurement and sales and made valuable recommendations which are being implemented No further training was conducted Sales target in force and being reviewed for performances tracking Warehouse and stock training conducted in relations to ISO training Restructuring plans are underway to change sales staff into commission sales charge orientation
AFFORD%20Annual%20Report%20FY2012%20-%20Fin.docx