DEVTOME.COM HOSTING COSTS HAVE BEGUN TO EXCEED 115$ MONTHLY. THE ADMINISTRATION IS NO LONGER ABLE TO HANDLE THE COST WITHOUT ASSISTANCE DUE TO THE RISING COST. THIS HAS BEEN OCCURRING FOR ALMOST A YEAR, BUT WE HAVE BEEN HANDLING IT FROM OUR OWN POCKETS. HOWEVER, WITH LITERALLY NO DONATIONS FOR THE PAST 2+ YEARS IT HAS DEPLETED THE BUDGET IN SHORT ORDER WITH THE INCREASE IN ACTIVITY ON THE SITE IN THE PAST 6 MONTHS. OUR CPU USAGE HAS BECOME TOO HIGH TO REMAIN ON A REASONABLE COSTING PLAN THAT WE COULD MAINTAIN. IF YOU WOULD LIKE TO SUPPORT THE DEVTOME PROJECT AND KEEP THE SITE UP/ALIVE PLEASE DONATE (EVEN IF ITS A SATOSHI) TO OUR DEVCOIN 1M4PCuMXvpWX6LHPkBEf3LJ2z1boZv4EQa OR OUR BTC WALLET 16eqEcqfw4zHUh2znvMcmRzGVwCn7CJLxR TO ALLOW US TO AFFORD THE HOSTING.

THE DEVCOIN AND DEVTOME PROJECTS ARE BOTH VERY IMPORTANT TO THE COMMUNITY. PLEASE CONTRIBUTE TO ITS FURTHER SUCCESS FOR ANOTHER 5 OR MORE YEARS!

Managing Our Costs To Protect Our Gains – Part 2

Financial information works only if it's reliable and accurate. The job of verification belongs to INTERNAL AUDIT. Our company auditors examine the financial records and statements of all departments to find out if they're true and accurate and if all financial transactions follow established rules and procedures. Their reviews aren't so much directed at digging up anomalies as at helping our company continuously improve its processes.

Total quality teamwork. Makati-based Banking Manager Freddie Espino, Tax, Legal & Insurance Senior Manager Remy Nova executive secretary Len Jimenez, Corporate Secretary and Treasurer Jimmy Ong and Administrative Services Manager Baby Bautista; Makati Accounting and Financial Services Fatima Mallari and Maripaz Sangco, Daisy Fabila, Flor Caing, Beth Mendoza and Manager Alexis Corpuz; Corporate Accounting Senior Manager Joel Lagasca with Manager Remy Miso, Staff Secretary Cris Villos,Financial Reporting Manager Carol Opada, and Business Planning and Control System (under Director Rick Ford) supervisor Bert Miso.

Another important audit function is assessing the state of our financial assets - equipment, machinery, supplies and infrastructure - determine whether they're performing effectively as tools of production. On assets, the Finance rule of thumb is: if not utilized, convert into cash. Says Linda Agawin, Corporate Audit Manager: “The ultimate purpose of the Internal Audit mission is to assist members of our organization in discharging their responsibilities effectively by furnishing them analyses, appraisals, recommendations and pertinent comments resulting from the review of the operations of the company.”

Finally, a new group in Finance called the BUSINESS PLANNING AND CONTROL SYSTEM was formed. The BPCS Group reports to Rick Ford, Director of Special Projects. The formation of this new team underlines our finance organization's commitment to provide only the very best information. Explains Rick: “The purpose of our group is to design, develop and implement operational and financial systems that can utilize the advantages and power available on our new computer system. Our goal is to provide the user with timely and accurate information to help him manage his tasks more effectively, and provide that information in an efficient and cost effective manner. An example of this is the first major system being installed from which we got our name - Business Planning and Control System or BPCS for short. This is a software program designed to integrate the planning and control function of inventory management, cannery operations , purchasing, and cost accounting into one management information system that will allow all users access to information they need to make decisions. With this information available - faster and better organized - our management will be in a position to make better decisions.”

Financial information management, key to Total Quality Finance Management success, requires the search for critical, timely, and relevant business knowledge. An otherwise complex and time-consuming process, it has been made simple and short by a more powerful machine now in our Finance Team's possession. multi-task, mid-range computer system able to create all sorts of software programs, the custom software is the central nervous system or the brain of our company's entire computer network.

Among the latest in computer technology, the custom software can transfer data at the rate of 2.5 million bytes per second, accelerating our data gathering process. Its impact on our operations is tremendous. From the fast and accurate information it provides, we can now react more speedily to critical business situations and manage our business affairs more effectively. Its data base will eventually be accessed by our offices' tabletop personal computers, and it can gain access to our distributors' and suppliers' data bases.

Speedier information process. Larger, centralized information base. These are among the principal advantages we gain. But more important, it is an indicator of our Finance Team's level of computer competence. We have the cream of the crop managing a state-of-the-art.

That bodes well for our company. We have an “A” team managing a most critical process in our business - managing our costs to protect our gains.

Grim reapers, roaring bulls. Corporate Audit Manager Linda Agawin with Titus Go and lena Luna; MIS Development Manager Ding San Miguel with Project Leaders Elpie Salvador and Bert Micu; Makati Banking members Noemi Cortel, Louie Amper and Manager Freddie Espino; Financial Planning and Analysis staff Myrna Flores, Derick De Pedro, Manager Ann Pozon, Bert Esmile and Al Paradeza; Bugo Accounting Services Manager Pete Lerin and Makati Accounting and Financial Services Marty Brillantes, Ronnie Galang, Arlene Manalac and Daisy Fabila.

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