Tag: Stephen Howe

The Chief Financial Officer (CFO) role has moved decisively beyond compliance. In a volatile, data-driven economy, finance leaders must now shape strategy, guide decisions and help businesses respond to disruption in real time. The shift is clear. CFOs no longer only report numbers. Instead, they interpret them and explain what could happen next.

Real-time financial insights have become crucial to both big and small businesses. Advancements in accounting software technology provide up-to-the-minute information. This innovation offers enhanced decision-making, better cash flow management, and greater financial accuracy.

It is projected that the global accounting software market will grow to some R660 billion by 2033. The automation of accounting procedures and financial activities across industries has completely changed the international business landscape. In most large companies, manual data capturing processes have been relegated to the past, and it is only in the most extreme cases that these are still implemented.

Findings contained in a new report by the United Nations Conference on Trade and Development (UNCTAD) indicate that Africa’s economies have the potential to become major players in global supply chains.

Resilience is key to building a successful and sustainable organisation capable of withstanding internal and external shocks. Building resilience asks that the organisation bed down stable and agile financial foundations that are aligned with global and local governance, risk and compliance (GRC) mandates.

The COVID-19 pandemic accelerated digital transformation and now industry is leaning into technology that increasingly automates, integrates and harnesses collaboration between disparate business operations. As it does, IT leaders are putting Enterprise Resource Planning (ERP) firmly back on the boardroom table in large enterprises.