IDU NEWS

Accountancy as heroism

Sep 19, 2019
3 min

Accountancy as heroism

The financial health of South Africa’s cities and towns is worse than ever before, with only 18 out of 257 municipalities getting clean audit reports for the 2017/18 financial year. Surely it’s long past time to introduce more transparency into our government spending. There are plenty of unenviable jobs in South Africa these days (university vice-chancellor, anyone?), but Auditor-General Kimi Makwetu and his team have been having a particularly hard time lately. Municipaliti

How running to standstill won’t get you ahead of the pack

May 30, 2017
3 min

How running to standstill won’t get you ahead of the pack

Ask anyone how they are nowadays, and the answer is likely to be ‘crazy busy’ or something along those lines. Today’s world, designed around convenience and speed, seems to have had the exact opposite effect. We’re trying to cram more and more into the same 24 hours and wearing our ‘busy-ness’ like a badge of honour. Part self-imposed, part a reality of modern life, we’re a bit like the Red Queen in Lewis Carroll’s Through the Looking Glass — we’ve got to do all the running w

Sanlam Investments Invests in IDU Software

May 3, 2016
3 min

Sanlam Investments Invests in IDU Software

Sanlam Investments is one of South Africa’s largest investment management companies and has been around for almost a century. They offer a comprehensive range of local and offshore investment products to end-investors, financial planners and institutions. Their investment options include passively and actively managed unit trusts, hedge funds and segregated and pooled retirement funds. The way things were Every budget cycle, Gino Schoeman, Financial Manager of Sanlam Investme

Does the budget alone empower your managers?

May 4, 2015
2 min

Does the budget alone empower your managers?

We pour a massive amount of time and energy into our budgets once a year. We have realised that by involving our cost centre managers, our line managers, and our people in the field in drawing up the budget, they are engaged and empowered and more likely to buy into the budget and its results. But what then? If it’s a once-off exercise that doesn’t tie back into anything of value, it may have the opposite effect on your team; with the recognition and empowerment they felt bei

idu-Concept Spend Management

Sep 1, 2014
2 min

idu-Concept Spend Management

idu-Concept Spend Management is a comprehensive solution and a sophisticated add-on to most accounting and ERP solutions. It complements and extends the functionality of existing systems, increasing the combined value of the systems beyond the investment made. This solution helps your company to work smarter, enhancing efficiency and accuracy in a centralised, paperless environment. It seamlessly links organisations that have geographically dispersed branches and divisions vi

Next Generation Leadership

Jul 28, 2014
2 min

Next Generation Leadership

Leadership is evolving with the next generation. The way things were done in the past, from pyramid corporate structures to top-down budgeting have slowly fallen away as new generations come along with their own views on how things should be and where the generation before has gone wrong. This is nothing new – it is a cycle that happens over and over in life as every generation strives to improve on what has come before. The generations who will come to leadership over the ne

idu-Concept simplifies and streamlines Cape Union Mart systems

Dec 2, 2013
3 min

idu-Concept simplifies and streamlines Cape Union Mart systems

Cape Union Mart Group is based in Cape Town and currently houses 5 major local brands – Cape Union Mart, South Africa’s favourite outdoor store and the group’s flagship brand; K-Way, an extremely popular technical range of outdoor clothing and gear; Old Khaki, a casual fashion brand available in over a dozen stand-alone stores; Sparks and Ellis, a uniform company and the latest addition Poetry, an eclectic lifestyle concept store for women. Stocking everything one needs for o