Building on the success of the IDU Empower Half-Hour sessions, we will be hosting a 30-minute Development Roadmap presentation. Kevin Phillips, CEO of IDU will be in the hot seat and will take us through recent developments as well as those planned for the year ahead.  In addition, this session will touch on IDU’s strategic imperatives for the coming year as South Africa and the world rebounds from the pandemic and gears up for growth in 2023. Click here to register for this session.

  IDU Empower Half Hour - Free Client Webinar! 22nd February 2023. Maximise your investment in IDU and engender a culture of financial management across your organisation.  Variance Analysis  – tracking how you are doing against budget, shouldn’t be left to monthly management reports. With IDU, you can track your progress daily. Dashboards, variance indicators, and drill-down to transactional detail will give management all the information required to capture variance commentary directly into IDU as frequently as needed. Alerts  – monitor specific areas of your business by setting transactional and balance alerts on accounts. Even when not logged into IDU-Concept, you can get an alert warning of a breach in your selected parameters. Recodes and Accruals  – empower operational managers to review financial transactions and recommend updates or changes for approval by Finance. On approval, the update or correcting entry can be automatically loaded into the financia...

  Silver Bullet noun a simple and seemingly magical solution to a complicated problem. Using the Activity Budgeting functionality in IDU-Concept, you can set up custom budget calculations to solve complex budgeting requirements.  Activity Budgeting lets you set up volume and/or value drivers per activity. You can set up all the specific calculated costs and/or revenue formulas linked to these drivers and relate these to global assumptions or values budgeted against other activities or accounts in the income statement and balance sheet.  Many IDU Customers successfully use the Activity functionality to calculate revenue, costs, balance sheet, income statement, employee travel calculations, and more.   Join IDU CRO for Africa, Margie Whitten for our last Empower Half Hour of the year.  Believe me; we have saved the best for last! Ditch the complicated spreadsheets and bring custom budget calculations into IDU-Concept to save you time and improve accuracy and ...

   Minimise business disruption and ensure your team has access to critical financial information from anywhere, at any time. This session will explore the benefits of IDU Cloud, the steps involved in migrating to the Cloud, and a customer's experience of switching to the Cloud. These are just some of the benefits you can expect to achieve with IDU Cloud:  Automatic updates and upgrades Reduced IT costs Seamless data integration Scalability according to business needs Enhanced data security Business continuity  IDU Cloud migration can be achieved within a matter of hours, managed remotely, and with minimum disruption to your business.  Join this Empower Half Hour to find out more and have all your questions answered by our expert team.  Date: Wednesday 26th October 2022 Time: 11.30 SAST Duration: 30 minutes Click here to register. 

  The old saying “ Revenue is Vanity, Profit is Sanity, Cash is Reality ” has never been more true. Cash never lies. A recent poll revealed that 75% of businesses still use Excel for their cash flow planning.    Join Margie Whitten, IDU CRO Africa, as she takes you through why Balance Sheet and Cash Flow budgeting in IDU-Concept provides a single source of the truth for your business, improving cash flow planning and helping to improve liquidity analysis.  With real-time data at your fingertips, you can turn insight into action.   Click Here to register   This live webinar is designed to educate and empower you to ensure you get the most out of your investment in IDU.  Please feel free to share this link with your colleagues.

  IDU Empower Half Hour - Financial Modelling - Wed 31st August @ 11.30 am    Click here to register. IDU Financial Modelling allows for driver-based budgeting for multiple fiscal years and scenarios, allowing you to change assumptions and immediately see the impact on your revenue, expenses, cash flow and key performance indicators. Join Margie Whitten IDU CRO (Africa) for the Financial Modelling Empower Half Hour  and learn how to test the impact of your decisions based on opportunities, challenges, and potential future events. Prepare for challenges, mitigate risks, and spot opportunities. Date: Wednesday 31 st  August 2022 Time: 11.30am SAST This live webinar is designed to  educate and empower  you to ensure you get the most out of your investment in IDU. Please feel free to share this invitation with your colleagues, if you believe they will get value from attending.   Click here to register.

Recodes and Accruals This gem in the  Financial Reporting Enterprise module  has gone largely undiscovered since its release in 2015. It provides a  highly intuitive and user-friendly mechanism for users to request journal recodes  (i.e. corrections to journals posted to the incorrect Cost Centre or Account, as well as corrections to incorrect journal amounts)  and accruals  (i.e. requests for journals to be raised for items not yet invoiced).  These requested recodes and accruals appear in the admin module, waiting for the Administrator to either approve or reject each request, before generating an export of the approved Recode and accrual journal entries, which can be used to import* into the general ledger system. Feedback is automatically visible by end users once recodes and accruals have been approved or rejected. This functionality is freely available to all Financial Reporting Enterprise users, and can be set up and ready to use within minutes....