Tag: Accenture Africa

As CFOs take on a more strategic role, other functions are increasingly looking to finance for near real-time and more accurate forecast reporting to make more informed business decisions. Although historical reporting remains relevant, organisations are looking to the finance role for instant guidance amid changing market dynamics.

Despite innovation and change in the finance function, many CFOs are taking on this critical leadership role only to continue running the finance function as is. The actual value-unlock is achieved by digitising your finance function to free up your teams to focus on improved capital allocation, identification of growth opportunities and innovation as well as the application of sustainability techniques to drive down operating costs and reduce your organisation's carbon footprint.

A virtual space race to the ‘metaverse’ has begun. What does this immersive online future hold, why is it important, and where do we find value? As investor interest surges, we weigh up the short-term hype and long-term opportunities.

The Chief Financial Officer (CFO) role has evolved significantly. No longer is it a hindsight role recording what happened, but it has pivoted to give future-focussed business-critical direction.

Impacts vary, but in many cases, ransomware disrupts businesses for significant periods or even forces them to suspend operations or close. A growing population of highly capable cyber extortionists is developing a new means to counter defences and increase the level of disruption they can inflict constantly.

Read our exclusive cover story titled CFO’s & CX! - IS FINANCE EVOLVING FROM HINDSIGHT TO FORESIGHT & INSIGHT? by Dzingira Matenga, Managing Director, CFO & Enterprise Value, Accenture in Africa, as well a host of other topical management articles written by professionals, consultants and academics in the December/January 2021/22 edition of BusinessBrief.

Organisations need to refocus and prioritise how they operate in today’s digital and modern economy. Delivering a resilient and agile organisation is a business imperative, and there is a greater need to create closer synergies between business and technology.

Virtualisation in the cloud and the advancement of internet-connected devices have made running industrial systems much more manageable. However, these technologies are also introducing operational environments to new vulnerabilities and risks.

Often people talk of innovation as a one step idea-creating process that continues forever. But there are three building blocks to innovation. The idea creation or ideating and creating is only the beginning, with designing and killing ideas and lastly scaling as the other two parts.

Globally, consumer packaged goods (CPG) companies are under intense pressure to profitably grow. Yet, incumbent companies are losing out to nimble, digital-native competitors. For large CPGs, it's no longer enough for supply chains to be engines of efficiency.