Category Archives: Performance Improvement

3 Common Pitfalls of Performance Reporting and How to Avoid Them

Recently I met up with a close friend of mine whom I hadn’t seen in a couple of years for a chat and catching up. He is a qualified accountant and finance professional working in the financial services industry in Zimbabwe. On top of the social chatter, we started discussing the evolving role of finance,… Read more »

Finance Should No Longer Maintain the Status Quo

The world around us has significantly changed and the rate at which this change is happening is terrifying. Established business models are under attack and subject to rapid displacement. Digitization, increased regulatory demands, advanced technologies, the emergence of new business models, rapidly changing risk landscape and new challenges from global competition are all disrupting businesses… Read more »

How Finance Can Help Improve the Company’s Operating Performance

Today’s CFO is more than a numbers person. In addition to fulfilling the traditional oversight function, the finance executive is also now a key business performance manager mandated to achieve operational excellence. He or she has to make sure that the business is getting the operations right the first time and meeting operating targets –… Read more »

The Finance Function: A Business Growth Partner or Detractor?

Finance is increasingly taking an important role as the business partner. Thanks to digital and technology advancements, CFOs and their teams are now able to expand expectations beyond the traditional accounting and compliance functions. Routine finance and accounting activities are now automated thereby freeing up more time for finance executives to spend on strategic issues.… Read more »

Raising the Internal Profile for Finance

Businesses today are operating in an increasingly complex, volatile, uncertain and competitive environment. To cope with these challenges, organizations are increasingly calling on their finance teams to move beyond their traditional role of historical performance reporting and start providing more forward-looking decision support. In the past, businesses have focused more on lean accounting practices to… Read more »