We’re almost halfway through 2021, and we’re still living in challenging times. For the past 14 months, we’ve been figuring out our adjusted personal and professional lives as we go along. At the same time, we’re bombarded by ever-changing information that’s often disputed and sometimes quickly contradicted. Despite the ongoing discomfort and uncertainty, Finance chiefs are optimistic about what lies …
This article originally appeared in The Sunday Times. It’s a 5-minute read. In an age of disruption, technology is freeing up finance teams to focus on what really matters. Gabriella Griffith takes a closer look. From mock trials—where students examine the judicial system—to programmes for primary school children to explore and solve community issues, Young Citizens is a charity working …
Everything changed in 2020—the way we work, the way we shop, the way we learn, the way we socialize and celebrate, and hopefully, the way we look out for each other. 2020 has challenged us to adapt quickly and rethink everything. And yet, in other areas, 2020 has changed nothing: Manual effort is still the number one bottleneck in the …
The current business climate needs more than “business as usual”. As we move towards the new normal, it is necessary now to adapt to working remotely and function as a remote workforce. Moving towards this direction also means that People, processes and technology needs to be implemented and changed to maintain efficiency as well as have good communications with not …
Digitalisation, automation and technology are buzzwords we commonly hear in recent years. The question is, will this continue to be a want rather than a need? Pre-COVID-19, organisations had ample time to brainstorm on improving processes, and yet the change seemed far off. The Need for Automation Without a doubt, manual business processes can be less efficient, requiring more manpower …
It’s Official: Esker First-time Entrant in Gartner’s 2020 Magic Quadrant for Procure-to-Pay Suites We are proud to announce that Esker, for the first time in company history, has been recognized by Gartner as a solution provider in the P2P market in this year’s 2020 Magic Quadrant for Procure-to-Pay Suites. Esker has demonstrated continued success in global markets with our P2P …
Rainbow spreadsheets. Thousands of lines to match and clear. Late nights faced with the fact that this is not the reason you got your degree in accounting… all while knowing there must be a better way. You know what I’m talking about: reconciling financial data from disparate sources, and specifically, manually matching an ever-increasing volume of transactions. This process is tedious, time-consuming, …
Business disruption prompting business innovation We’ve all heard the phrase, “Necessity is the mother of innovation”. And if 2020 has taught us anything, it’s that this is absolutely true. In the wake of the mass business disruption our global economy has seen recently, business leaders are experiencing this concept firsthand — witnessing as cultures evolve in response to unexpected circumstances …
Every accountant knows the pains of manually creating, reviewing, and approving all the journal entries that accumulate during the month-end close. What if you could easily simplify—or even eliminate—the repetitiveness of managing journals? BlackLine Journal Entry streamlines your workflow, enhancing controls and automation for journal approval processes. Here are five tips and tricks to simplify your journal entry process and …
Imagine your enterprise resource planning (ERP) system as a motorbike that gets your business to its goal. You would want it to get there as fast as possible, and yet be customised to your needs.To build the bike, you could assemble it part by part, which would take considerable time and effort, delaying your journey. An easier and faster solution …
