Yes, the part time finance manager is here to stay. Utilising the skills and expertise of a part time finance manager can yield excellent and cost effective results for a company. Companies that engage the services of an experienced part time finance manager experience consistent quality, reduced costs and peace...
South Africa has the largest, most diversified and highly industrialised economy in Africa. South Africa is also influential regionally, due to its investment and political engagement in many African countries with an active role and leadership within the inter-governmental African Union. The effect of business and politics on the South African...
You have the funding, now what? Many entrepreneurs are able to secure funding for their business to start their operations or expand existing operations, but lack the understanding how of how to use this capital in the best possible way to ensure growth. There may also be a lack of...
Attracting the very best financial executives in Johannesburg to support your growing business is a key element of success for any business owner or management team. However when faced with the challenge of finding the right person, the question of whether one should recruit a full time financial executive or...
At some point in time, most successful businesses consider expanding their business and service offerings overseas or into Africa. Both types of expansion present challenges for the company, but the key to success is knowledge and insight, coupled with an understanding of the business practices in the countries to which...
In view of the volatile business environment in South Africa, it makes sound business sense to outsource some of your company’s financial functions. Few positions in a company are as easily outsourced as those in the finance department and in particular, your financial projects. This is great news for small...
Finance departments these days are being hard pressed to play a larger role in supporting the business and operational decision making within an organisation. Besides the mandatory financial function, finance departments need to measure and manage corporate performance against strategic objectives. They need to do more with the same or...
In simple terms, the cash conversion cycle is the length of time it takes for a company to convert resource inputs into cash flows it measures the time between outlay of cash and cash recovery. The cash conversion cycle is one of several measures of management effectiveness. It measures how quickly...
The ability to "hit the ground running" is probably the most important skill that an outsourced financial director requires. To do this, the outsourced financial director needs to obtain a good understanding of the client’s business and related critical success factors, action areas and reporting requirements in as short a...
