Tag Archives: Finance Transformation

Human or Machine Intelligence? Augmentation Key to Better Forecasting

Forecasting is an invaluable process for any business. A forecast can play a significant role in driving company success or failure. For example, high forecast accuracy helps a business anticipate changes in the market, identify growth opportunities, reduce risks, analyze  root causes of performance and proactively respond. On the other hand, forecasts that are poorly… Read more »

Finance Value Creation Goes Beyond Running the Financial Side of the Business

Advances in technology are helping the finance function reduce operational costs, streamline processes and improve productivity. Thanks to automation, tasks that used to take months to complete are being completed in weeks and those that took weeks to accomplish are getting done in days. For instance, advanced analytics and robotic process automation are shortening the… Read more »

CFOs Beware: Don’t Get Caught Up In the Hype of New Technologies

In one of my articles, Finance Transformation: From Efficiency to Effectiveness, I recommended CFOs to first identify a business problem before investing in a new shiny piece of technology.  Today, there is so much talk about digital transformation and the immense potential of new technologies to drive business performance. With a plethora of tools available on the… Read more »

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 »