It’s a new Fiscal Year, already! Although Fiscal Year 2014 (FY2014) went by very quickly, we accomplished and learnt many valuable lessons that have helped craft our strategy for FY2015. In August, I gathered our troops (managers and directors) and headed out into the beautiful South African bush for an intense, and fun, two days […]

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As an FD, looking at financial data is an everyday part of my working life. It stands to reason that I should be ever on the search to find smarter ways of interpreting the data more effectively. I am fortunate to work on and in a Business Intelligence (BI) company and am in the front […]

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If your month-end financial reports (typically your income statement, balance sheet and cashflow) from your accounting or ERP system doesn’t give you the financial information you need to support your decisions making processes, then I would urge you to investigate a BI reporting solution. A typical scenario in small and mid-market businesses is when ERP or Accounting system’s financial reports […]

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In my experience the word strategy means different things to different people and even the celebrated authors on strategy often offer conflicting definitions. I have settled on Clem Sunter’s definition of strategy : “…strategy is the direction of the business and the tactics are how to get there.” So what does this mean for entrepreneurs in the real world […]

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