Don’t waste time doing BEE Procurement – EconoBEE Newsletter 18 Aug 09

Empower your Business

Executive summary of B-BBEE

Turnover below R5 million per annum – automatic BEE status

Turnover above R5 million per annum – BBBEE Scorecard Compliance

EconoBEE Training

Weekly half day BEE Workshop

1st, 8th and 15th October 2009 – BEE Procurement and Enterprise Development Conference

End October, early November 2009 – 2 day Sustainability Workshop

10 Strategic Steps to B-BBEE!

We have prepared an easy to follow guide “B-BBEE in 5 Minutes” and “Crash Course to BEE Verification” which explains BEE in a simple step by step approach.

Wow, a new procurement system

While procurement is worth 20 points on the B-BBEE scorecard, many people perceive it as being very admin intensive and generally a difficult task. You have to identify all your procurement by supplier and type of expense, then go through the big effort of asking each supplier for a BEE scorecard. Then you need to know what to do about the certificate you get from the supplier. Each certificate must be examined for accuracy, expiry date etc. You need to capture the data by supplier, by his type of enterprise, his value adding status, his ownership etc etc. Then there are the calculations itself. You need to remember to take into account and calculate the score for each indicator etc etc etc.

The etc,etc etc sometimes becomes etc, etc, etc, etc etc and is just too much for many businesses and they just give up, or simply lack the time and skills to do the job properly. After all your job is to make a profit, not get tied down in admin. There is a solution: We are working on our BEE Procured system, which takes the admin and pain out of procurement and maximises your points.

Imagine making a list of suppliers and spend, uploading it to our BEE Procured system, spending a couple of minutes working on the system and already earning valuable BEE points. Imagine not having to call every single supplier – we already have many scorecards, so why duplicate the effort by phoning the supplier again. Imagine the system automatically looking up your suppliers scorecards in our database, and once you have confirmed the right scorecard it takes into account all the right details, and calculates the score you have earned. It identifies the suppliers without scores to be followed up, optionally by ourselves and instantly produces a report, that is perfect for your verification agency, ensuring you earn all the procurement points you deserve.

This is no longer a dream. We have been working on this system for the past 6 months to make it so easy to use that it will cut your time and effort of doing procurement by 80% or increase your procurement points by 30%. Procurement is going to become the easiest element on which to earn points, and your cost per point will be the lowest of any element of all the elements on the scorecard.

This amazing system is nearing completion and will be available in time for our forthcoming BEE Procurement and Enterprise Development Conference. Delegates who book and pay for the event will get one year license at no cost. Everyone else will have the opportunity of purchasing an annual license at a very reasonable rate shortly.

In my many years of developing cost effective solutions this is the one that has excited me the most because it has the potential to save our clients more time and money than anything prior and ensure they earn all the points they deserve. 8 years ago I developed EconoSMS, an SMSing system, that is still in use at many clients. Their computer gave in before the system did! I am very proud of EconoAccounting, also an 8 year old product that does your accounts in a way that others have never done before (we call it the 5 minute per day accounting system). Our popular EconoBEE V3 is an easy to use system that helps you calculate your own BEE score and understand how BEE works.

However BEE Procured is going to save more time and remove more aggravation than all our other systems put together.

I’m really excited, you should be too!

BEE Procured – Preferential Procurement in minutes

BEE Procured is simply the best BEE procurement management tool on the market. By booking for the BEE Procurement and Enterprise Development Conference you will get your very own license of BEE Procured (worth R2500)

Early, Early Bird Special ending this Friday

The early bird catches the worm specialBook before 21 August 2009 and in addition to BEE Procured get your very own license for EconoBEE V3 (worth R2500)
The early bird special is still onBook and pay 2 weeks before your attendance and get a 10% discount
Book early

The Green Economy: Strategies for True Sustainable Development

By Tracy Cull

Globally, we are witnessing a combination of challenges which has arguably never been seen before. Over the next century, climate change is forecast to impact communities around the world, with the poorest communities being most severely affected. In the last three years, the world has also endured an economic downturn at least as severe as that of the 1930s. Many observers are asking whether the combination of these problems represents a failure in how international capitalism itself operates.

In the last 2009 edition of the EconoBEE newsletter, the concepts of sustainable development and corporate social responsibility were introduced. Businesses generally are becoming far more aware of the impact their activities have on the environment and the communities they serve. A cornerstone of this approach is the idea of sustainable development; ensuring that profits are generated in ways which are sustainable for their shareholders as well as for society and the environment. Calls have now also been made to ensure that recovery plans in response to the economic meltdown are implemented in order to achieve sustainable growth in economies across the globe.

These ideas have been embraced by the United National Environment Programme in a call for a ‘Global Green New Deal’ as part of a move towards a new ‘green’ economy. In essence, they argue that the congruence of a need to respond to global climate change and to recover from the economic crisis is a unique opportunity to change the way in which businesses operate – in fact, to change the way in which international capitalism itself will be defined in future.

For individual businesses, the challenge is not merely to survive the slowdown, but rebuild in truly sustainable ways. The businesses that devise strategies which are socially and environmentally responsible, and are first to take advantage of opportunities in a new, green economy are the ones which will flourish; thereby benefiting shareholders, communities and the environment alike in the long term.

If you are interested to learn more about how to develop strategies to help your business take advantage of these emerging opportunities, please contact the Kulima Solutions team.

Kulima Solutions is a specialist Sustainable Development and Corporate Social Responsibility Consultancy whose principals are:
Katharine Vincent, BA Hons. (Oxford), MREs (University of East Anglia), PhD (University of East Anglia)
Email: katharine.vincent@gmail.com, Phone: 072 1964525.
Tracy Cull, B. Soc. Sci. Hons (University of Natal, Durban)
Email: tracymcull@gmail.com, Phone: 082 820 6608.

Is BEE procurement a pain? Sort it out quick and easy – click here.

Not sure how to get a BEE Scorecard, click here to see a demonstration of how best to produce your own BEE scorecard.

Remember

BEE Points = Business

That’s it for the time being.
Regards

Keith and the EconoBEE Team

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Support true enterprise development – contact Mabuya Glass for your glass white board – easy to install and use, and it looks really smart. Msizi will have stock by the end of the week. Only R299 for an aluminium framed board 80cm by 60cm. Other sizes on application (order form). Call Thuli on 011 483 1190 for information.

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