With technology advancing at a rapid rate, global industry and business are being transformed. This digital transformation has changed multitudes of corporations and businesses for the better, creating lean, efficient processes, and reduced grunt-work for employees. The financial sector has seen these same developments, as have accounting and finance departments in all industries. The AI […]
With current world markets in a state of flux, and supply chains under immense pressure on a global scale, it’s more critical than ever to ensure that you have the capability to quickly and accurately plan and revise your forecasts, income, and expenses within your business. However, it seems that around the world, the uptake […]
Uncertainty around how long our situation the past months have left us with will take to recover from increases the complexity of formulating a concise response. One thing is apparent: it is critical that businesses are proactive in assessing their risk and vulnerability from both an operational and a financial health standpoint. Beyond that, sustainable […]
The global economy is still reeling from world governments’ responses to the COVID crisis, and, as such, global business is tentatively feeling out their way forward from a massive hit. In South Africa, if the economy is to rally, we’ll need to enter a recovery phase for business and government alike. Now is the time […]
Financial planning is the allocating of funds and determining how a business will achieve different goals and objectives o. Financial planning is almost as important as setting up a business. This is a necessity for any business belonging to any industry. Not all businesses adopt financial planning, especially small businesses who have a limited budget […]
What Are Best Practices? Best practices are the gold standard to which you should strive for maximum success. Your Financial Planning and Analytics suite can help you take steps to comply with your industry standard. How Best Practices Work Best practices serve as a general framework for a variety of situations. For instance, in businesses […]
What is Financial Planning and Analysis (FP&A), and Why Do We Need It Now? We can’t avoid it: with the recent downgrade to junk by Moodys and a global crisis under COVID-19, now more than ever we need to have our houses in order. This is where the investment into intelligent and multi-functional FP&A software […]
