"Need to know what your staff or suppliers are doing with your money? Want a dramatic improvement in cashflow, debtors and creditors management? We will share ideas and tools to gain visibility, improve cash flow and dramatically reduce the risks of e-fraud," says ROI specialist Johan Potgieter of Business Harmony, a silver partner at the Finance Indaba Africa 2016 on 13 and 14 October 2016 at the Sandton Convention Centre in Johannesburg.
In the coming weeks and months, we will be chatting to all the Indaba partners, asking them why they are joining the event and what their most important message for finance professionals is.
Do you want to hear how Business Harmony can help improve your cash flow? Do you want to be informed about the latest and greatest in finance? Then don't miss the Finance Indaba Africa 2016.
Why will you be present at the Finance Indaba?
"Marvin Minsky once said: 'A computer is like a violin.' You can imagine a novice trying first a phonograph and then a violin. The latter, he says, sounds terrible Computer programs are good, they say, for particular purposes, but they aren't flexible. Neither is a violin, or a typewriter, until you learn to use it.
"Business Harmony believes that a good software solution must think like a human, behave like an actuary, and be able to be understood and operated by a fifth-grader. We are here to advise the delegates how basic principles can help them function better."
What will you be talking about?
"Business Harmony will be discussing real life business problems that are caused, by the people, which operate the financial systems, that are used for the management of business financial processes globally and how to fix them
"We will be discussing the following topics:
1. Why traditional E-Invoicing is marginally better than postage and at the risk of extinction.
2. How Accounts Payable Automation could be the worst investment your business can ever make.
3. The best ways to forget to invoice for revenue that is due to you.
4. How to steal from your business and avoid discovery and prosecution. Why fraud has become easier as technology and processes become more complex?
5. Why cost savings can't just be "fingers and toes".
"The primary discussion point will be how to quickly leverage ROI by implementing basic practices in your finance department. And it's not the promise that the insurance brokers have been using for decades."
"'I can guarantee to double your money; I'm just not sure how long it will take.'
"Yes, it's a product pitch, but it's also hopefully going to add value to how you view the technology solutions offered to finance in future."
Why Business Harmony?
"Business Harmony provides E-Invoicing, Accounts Payable Automation, Archiving and Workflows that incorporate the principles of Electronic Content Management and combines this with our unique Business Process Improvement tools."
I believe Business Harmony is launching an exciting product at the Indaba?
"Yes. Business Harmony will be showcasing one of our more recent developments in the Business Process Management arena that will significantly reduce the business information gaps between Procurement, IT, Operations and Finance.
"In a nutshell, it's complex to solve an issue that occurred more than 30/40/50/60 days ago, yet that is one of the miracles that Finance is expected to do every day.
"We have the ultimate solution - not Big Data, just useful stuff "