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OPTIMISING B2B LINKAGES THROUGH VETTED

NETWORKS

Monique Labat, Monique been carefully screened and carefully selected by your B2B Improved Quality of Decision Our company is currently
Labat Consulting (Pty) selected based on you, our client’s specialist to be part of a growing Makers working with an ICT company
Ltd specific criteria. This means that business relationship. This type When you start working within a to deliver a detailed marketing
businesses can be confident they of relationship can provide many vetted network environment, you plan that will allow the company
t is no secret are connecting with reputable benefits, including: gain access to decision makers who to go global.
that business partners who can offer quality have been pre-screened by the B2B Working with a B2B specialist
Ito business products, quality services and Increased Efficiency specialist. This means that you are is an investment that will pay
(B2B) linkages cutting-edge technology. Vetting networks can help more likely to find good matches off in spades when it comes
are essential reduce the time it takes to identify for your products, services and time to securing new clients
for the Facilitation Role potential business partners, since technologies, which can lead to for your company.
growth and Vetted networks make it easier the B2B specialist has already improved business and income.
development for businesses to connect with each done some of the work for you. In Industry sectors that have
of any other by facilitating introductions addition, having access to multiple If you’re looking to secure clients recently benefitted from the
company. We do not manage and referrals. This saves time and potential business partners for your business, one of the best vetted networks of our company
to date include automotive
our businesses in isolation. The effort in trying to identify potential through a single platform can ways to do so is by working with a accessories, FMCG, ICT,
networks and referrals we make or partnerships yourself. also save you time and money by B2B specialist. By partnering with engineering and manufacturing.
we receive, creates trust and builds reducing travel costs associated someone who understands the ins
critical relationships necessary to Collaborations Pay with meeting face-to-face. and outs of B2B marketing, you If you’re serious about growing
operate in a competitive economy. A B2B specialist promotes can more effectively target and your business, consider partnering
What is often not so well known collaboration. By bringing Planning National and reach potential clients. with a Business-2-Business
International Meetings
specialist today! 
is how important it is to have together like-minded businesses, Marketing Plan
vetted networks in place to ensure a B2B specialist with their Once the initial introductions A good B2B specialist can help Simply contact Monique at
these B2B linkages are optimised. vetted networks will create an have taken place then use the B2B you create a comprehensive Monique Labat Consulting (Pty) Ltd
Vetted networks provide a environment for their client where specialist to leverage in-person marketing plan that takes into T: +27 (0) 82 924 6349
number of advantages that can collaboration is encouraged. meetings. Our company has account all of the different E: monique@moniquelabat.com
help businesses maximise their This can lead to more innovative successfully arranged national and touchpoints that your potential
potential, improve their bottom products or services being international itineraries for clients customers might have with your
line and create job opportunities. developed as well as cost savings in the private and public sectors. brand. They can also help you
For example, B2B linkages can: from shared resources. One of the testimonials our identify key influencers and
One of the best ways to company received from a client decision-makers within targeted SCAN
Find the Right Partners
connect with other businesses who appreciated the planned organisations. Most importantly, QR CODE
Help businesses connect with the is through a B2B specialist who itinerary for Mauritius reads the B2B specialist can provide
right partners. Vetted networks has an existing vetted network. “You made our week so special. guidance on how to best position TO SEE
through a B2B specialist brings A vetted network is a group Meetings we had and excursions. your products or services in order VIDEO
together businesses that have of companies that has been You exceeded our expectations.” to appeal to businesses.

CONDUCTING EFFECTIVE PAYROLL AUDITS

Johan van Deventer, records. Remove any employees captured on your system is variance check against your values balances back to your
who no longer work for you. correct for each employee. previous pay periods. If your payroll totals for the relevant
KZN Regional Unfortunately, all of us are
Manager, LabourNet To be proactive also set up human and finger errors come payroll system can provide these periods. If you make changes
types of reports this process
after your declarations,
e-mail notifications in your into play and that extra “0” should be a quick win. ensure that SARS is updated
application to warn relevant
ayroll users when employees statuses could make a big difference on accordingly.
audits are changed (i.e. new, discharged your payroll bill. Also, keep in 6. Compare payroll to In summary, conducting
Pshould etc). Your checks can also be mind that there will be package the general ledger an effective payroll audit
be conducted performed against these e-mails. changes with promotional Ensure that the totals in your procedure keeps you in control
regularly to increases etc. payroll matchup with the general of your organisation’s financial
ensure that 2. Verify Bank Information To be proactive also set up ledger records. Review any management. When you manage
your payroll (Active Employees) e-mail notifications in your unusual amounts. payroll effectively, you do not
records are application to warn relevant have to waste time reacting
accurate and Over and above fraud users when changes on the Rate 7. Bank Reconciliation to problems you could have
properly maintained, and to potentially happening during of Pays are made. Your checks Compare and review your avoided.
identify problems before they step one, it’s also imperative to can also be performed against payroll bank statement against
become issues. Generally, payroll check the bank details loaded these e-mails. payroll records. Be sure the Another key step in
audits are internal, meaning you against employees. Verify that totals align, and that all EFTs maintaining your Human
or someone in your business bank details are correct or 4. Review Hours Paid (electronic fund transfers) loaded Resources (HR) workload, while
conducts them. Performing perform a check by printing a In this process, you will on the bank are balancing to increasing your company’s
internal audits can help you bank audit report comparing need to check all fluctuating your payroll EFT reports. If cost-effectiveness, is to consider
catch errors and prevent possible bank details for staff against payroll attributes i.e. wage there is an error in this step outsourcing. A professional
external audits in the future. previous months. Ensure that hours, overtime hours, leave perhaps review all above- company such as LabourNet can
you have approved bank changes provide much-needed help with
Steps to follow for an effective for staff where applicable. pay etc. Review everything a mentioned steps. HR needs and questions. 
payroll audit: manager may have overlooked
To be proactive also set up that could influence the payroll 8. SARS Submissions
1. Verify Active Employees e-mail notifications in your budget. If you have a Time and Pay As You Earn (PAYE), T: +27 (0)31 266 6570
Some employees commit application to warn relevant Attendance clocking system, Unemployment Insurance Fund C: +27 (0)82 786 7480
payroll fraud by adding fake users when bank details are verify hours processed in the (UIF), and Skills Development E: johanvd@labournet.com
employees to payroll. Or, you changed. Your checks can also payroll against the system to Levy (SDL) contributions need to W: www.labournet.com
may have forgotten to remove a be performed against these eliminate possible errors. be paid monthly and reconciled
terminated employee from your e-mails. and submitted bi-annually.
payroll. Make sure that the list 5. Variance Checks Ensure that accurate records
of employees on your payroll 3. Check Employee Pay Rates (Comparisons) are submitted to SARS (South
matches your employment Ensure that the Rate of Pays It is also a great idea to do a African Revenue Service) and

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