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Seminar Schedule
February - March  2004
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Negotiation Training for Buyers

Effective Production Planning & M.R.P.

Sales Strategies & Purchasing Countermeasures

Capital Acquisition Management

Supplier Appraisal & Evaluation

Introduction to Purchasing Practice

Warehouse Management & Physical Dist.

Effective Expediting 

Supply Management - an Introduction

Your access  to professional information, networking and success is with the Association for Purchasing & Supply More >>>
VAT recovery on VISA Purchasing will be real from May . . . more >>
ANNOUNCEMENT Production Planning & M.R.P. 11th - 12th  May  2004 Essential training for all production and Planning staff.  Book your place today !. More >>>
Understanding  Supply Chain Event Management One of the newest morsels on the tech industry's buffet of buzzwords is Supply Chain Event Management (SCEM). And though, in the past, enterprise software buyers seemingly displayed an insatiable appetite for the latest acronym, times have changed. A tighter economy and jaded IT community have analysts trying harder to define SCEM and corporate managers working diligently to understand whether or not they need it. Unlike CRM and some other popular "techronyms," SCEM hasn't ballooned into an all-encompassing category of its own with blurry boundaries. Analysts appear to agree that MORE >
	Career Opportunities > Production Manager > Supply Chain Co-ordinator > Vendor Dev. Specialist > Purchaser

That company is Deecal International Ltd., and the Irish domestic market may be just about to pay off!

As of May 2004, the Irish Revenue follow its UK counterparts and approve purchases made using VISA Purchasing cards for electronic VAT recovery. This will mean that all purchases from VAT accredited suppliers made using VISA Purchasing cards no longer require the individual transaction paper trail to support VAT reclaim. Instead, the electronic information generated from a VISA purchasing transaction are deemed sufficient evidence for VAT recovery, allowing potentially massive volumes of low-value transactions in particular to be far more cost-efficiently managed. This move opens up the Irish marketplace to reap the full and wider range of Purchasing Card benefits which UK Corporate and Government organisations have been enjoying for more than five years.

Deecal International, based in Upper Mount Street in Dublin holds the outright leadership position in the software which processes VISA Purchasing card transactions. Specifically, Deecal’s software processes card transactions for VAT rule compliance, automatic cost coding of transactions and the generation of an electronic export file which plugs straight into any Corporate General Ledger system such as SAP, Oracle, Coda, JE Edwards etc…. Deecal has relationships with many of the largest Banks in the world including two of the biggest in the USA and most of the major UK Banks. In Ireland, it operates solely with Ulster Bank, whose membership of The Royal Bank of Scotland (RBS) Group provides Deecal with a fully electronic transactional data interface between Deecal’s centrally-hosted web-based Purchasing Card application service, “D.CAL” and RBS’s main transaction processor. The good news for Ulster Bank customers as a result of this is that, once Irish Revenue approval is granted, they can immediately contract directly with Deecal for the provision of on-line, internet based management information and accounting services relating to their Purchasing Card programme.

So what’s the catch? Well actually, there is one! The catch is that, whilst the Irish Revenue approve VISA purchases for VAT accreditation, the actual data upon which accreditation is based, starts with the suppliers. There are three levels of data provision which, in the Purchasing Card world, are used to describe Suppliers – Level 1 which is non-VAT approved, Level 2 which is Summary VAT approved and Level 3 which is VAT approved with full Line Item Detail (LID). All of the major suppliers in the UK have moved to Level 3, off-setting the somewhat higher costs of doing so against the associated increase in sales due to full data provision. Level 1 suppliers are becoming increasingly unacceptable in the UK and are seen in the Purchasing Card world as having an associated cost due their enforced need for manual, paper-based VAT recovery. Irish end users need to be assertive with their key suppliers to ensure Level 3 data delivery; the supplier upside being a guaranteed three day payment cycle and increased volume due to supplier consolidation.

Purchasing Cards: The Big Picture .... More >>>