To keep your business in the black, try these debt collecting techniques
INOVO director Jan Kühn says tactical debt collection is important to business survival and sustainability.
INOVO director Jan Kühn says tactical debt collection is important to business survival and sustainability.
Jo-Ann Pohl, Tryphosa Romano, André du Plessis, and Brett Tromp all help to make South Africa better.
Having to let people go, self-doubt and regulatory changes keep these CFOs awake at night.
Apart from finance, these CFOs are passionate about things from books to flying to fishing.
From a near-death incident to being right in the middle of the Gupta scandal, these CFOs shared their journeys.
Cheryl said this is a pivotal moment in terms of Africa's relationship with the wider globe.
Wrenelle will be stepping into the role immediately, replacing former joint-CEO Glenn Orsmond.
Alan is one of two South Africans that have been appointed to the company.
Bianca is bringing her finance and business acumen to the company with the aim of enabling growth.
Crosson's appointment comes after the resignation of Dylan Pienaar who had only been appointed in March.
IRBA director Imre Nagy says it will help to identify where there may be risks in the audit market.
Also: Curro acquires three new schools and Investec to sell 10 percent of its asset management business.
This follows the resignation of independent directors and the suspension of CEO Thabang Moroe.
The investment manager attributed its performance to its focus on low-cost investment and savings products.
South Africans say "What struggling economy?" with a 36 percent growth in Black Friday transactions.
Economy brought down by mining and manufacturing, while some sectors brought in only small gains.
According to fresh results from this year's CFO Day Survey, nearly three quarters of all CFOs are eyeing the top job and aspire to be CEO after their current role. And their ambitions are not unrealistic: a third of all CEOs of the JSE Top-40 are previous finance executives. But what does it take to scale the highest summit? Which different skills are required? How do you move from numbers to people and strategy? CFO Magazine spoke to five former CFOs who were promoted to CEO to find out what it takes.
Dorette also serves as a member of the financial reporting investigation panel on the JSE.
This follows the resignation of founder Lex van Wyk as CEO, effective 1 January 2020.
Tongaat had appointed PwC to investigate allegations that came through the whistleblowing line.
African Rainbow Capital has expressed its appreciation for Bridget's dedication and thanked her for her contribution.
Osman shares his excitement on achieving his aim of becoming the AstraZeneca MEA CFO.
Also: Steinhoff names Kapela Holdings as B-BBEE partner and Growthpoint to take over Capital & Regional.
Robert will be taking over from Jarrod Liedman, who has resigned, with effect from March 2020.
Along with his role as CFO, Bryan heads up finance, IT, HR, logistics and warehousing, and imports at Verimark.
According to fresh results from this year's CFO Day Survey, nearly three quarters of all CFOs are eyeing the top job and aspire to be CEO after their current role. And their ambitions are not unrealistic: a third of all CEOs of the JSE Top-40 are previous finance executives. But what does it take to scale the highest summit? Which different skills are required? How do you move from numbers to people and strategy? CFO Magazine spoke to five former CFOs who were promoted to CEO to find out what it takes.
Although Till has resigned, his priority is to make sure that "it is business as usual" for the finance function.
Recruitment specialist Chantelle Smith explains how to make sure your finance function will support your goals.
Company secretary Graham Tyrrell has also tendered his resignation with effect from 1 March 2020.
Xolani believes a CFO and his team should be dynamic to achieve optimal results.
Excel Academy: It's not about getting rid of Excel, it's about learning how to use it safely and efficiently.
The group's operating profits and headline earnings have also increased, despite constrained consumer spending.
Risto is responsible for business performance, group reporting, balance sheet management and more.
Spear CFO Christiaan Barnard believes that the ethos of his school has defined his work ethic.
ArtGo's shares went from the best to plummeting completely after MSCI denies addition to China Index.
Liberty founder, entrepreneur and philanthropist Donald Gordon passed away on 21 November 2019.
Also: RMB Holdings sells its stake in FirstRand and Barloworld reduces interest in Avis Fleet.
The group plans to prioritise investment, product innovation and leverage the strength of its brands to better results.
According to fresh results from this year's CFO Day Survey, nearly three quarters of all CFOs are eyeing the top job and aspire to be CEO after their current role. And their ambitions are not unrealistic: a third of all CEOs of the JSE Top-40 are previous finance executives. But what does it take to scale the highest summit? Which different skills are required? How do you move from numbers to people and strategy? CFO Magazine spoke to five former CFOs who were promoted to CEO to find out what it takes.
SAP Concur collaborates with powerful partners and constantly drives innovation with the intention of maintaining their position as the number-one travel and expense management provider to global organisations.
He will be taking over from Cheryl-Jane Kujenga, who has been appointed as interim CEO.
Acting CEO Charles Nel: leaders must reflect honesty, accountability, integrity, fair justice and good conduct.
The group of CFOs considered how they can support innovation in their organisations.
CFO Daan Ferreira said Astral continues to deliver strong cash flows despite challenging market environment.
The Ministry of Public Enterprises made a surprise announcement of his appointment on Monday afternoon.
Spar Group CFO Mark Godfrey: While we are optimistic, we acknowledge the market uncertainties.
The group said, in line with good corporate governance, the next group chairperson should be independent.
Oceana Group CEO Imraan Soomra: It was a satisfactory year, despite the tougher trading environment.
The young CFO is a man of many talents, and he feels a powerful alignment with Letsema's values.
Nedbank Group CFO Raisibe Morathi: This recognition is the result of lots of hard work.
Also: Accelerate Property Fund to sell Edcon warehouse and Prosus puts deadline on Just Eats deal.
Former SA Reserve Bank deputy governor Daniel Mminele to serve as Absa CEO from 2020.
According to fresh results from this year's CFO Day Survey, nearly three quarters of all CFOs are eyeing the top job and aspire to be CEO after their current role. And their ambitions are not unrealistic: a third of all CEOs of the JSE Top-40 are previous finance executives. But what does it take to scale the highest summit? Which different skills are required? How do you move from numbers to people and strategy? CFO Magazine spoke to five former CFOs who were promoted to CEO to find out what it takes.
The Financial and Accounting Services Seta has a message for the industry: It is ready to fulfil their sectoral training needs and has been conducting research to ensure that it has the capability to do so.
The appointment of Mazars Netherlands was announced at Steinhoff International's AGM.
Recognise the leading finance executive on your team with a nomination for the prestigious CFO Awards.
He has been preparing for the role for almost four years at the company's London offices.
The former Investec CEO says CFOs should take care not to damage positive organisational culture.
Allan was responsible for founding the Allan Gray Investment Counsel and the Allan Gray Orbis Foundation.
Booysen will be taking over from interim CEO Sean Emery with immediate effect.
Accounting and Financial Advisory's Shaun Govender outlines four key areas their clients need help with.
Auto-Reconciliations in the Cloud enables efficiency of digital transformation programmes with up to 90% improvement in reconciliations time, and 75% reduction in write-offs.
Richard Branson and other executives discuss how businesses need to evolve to keep up with revolutionary changes.
The United States and China leaders' confidence has plummeted by more than 20 percent.
Also: Calgro M3 publicly censured by JSE and Taste Holdings gives up on Starbucks.
She says she is looking forward to being part of the fledgeling financial services company's journey.
According to fresh results from this year's CFO Day Survey, nearly three quarters of all CFOs are eyeing the top job and aspire to be CEO after their current role. And their ambitions are not unrealistic: a third of all CEOs of the JSE Top-40 are previous finance executives. But what does it take to scale the highest summit? Which different skills are required? How do you move from numbers to people and strategy? CFO Magazine spoke to five former CFOs who were promoted to CEO to find out what it takes.
The responsibilities and influences of chief executives are not confined to their own companies and industries. Executives need the right kind of board to support them in all of the strategic decisions they need to make.
The amendments are a proactive response to corporate scandals, speculations and innuendo.
CFOs seized the opportunity to think, learn and most importantly to share experiences with their peers.
Colin says that he will stay involved in helping SA through his role at Youth Employment Services.
South Africans appear more divided than ever. To become a great, and united, nation we urgently need to reimagine a way to build our people - and this must be about more than jobs and GDP.
Maricelle Boshoff: Although AI is still in its early stages for ERP, the demand for the technology is rising.
Salome has been with the Nashua Group for seven years, serving in various finance positions.
Alastair, who has been with the company for 10 years, will be emigrating to Australia.
South Africa's CFOs offer up their congratulations to the Springboks on their outstanding win.
Also: IHS Holdings, Investec Australia Property Fund, MAS Real Estate and Fairvest make headlines.
Matthias, who joined Afrox from Germany, will be pursuing other opportunities within The Linde Group.
Alphonzo started as a trainee technician and worked his way up to the role of Openserve CEO.
CFO Michael Fleming says the group delivered a strong performance despite challenging trading conditions.
Cape CFOs enjoyed great dinner and discussion, with insights from Capitec CFO André du Plessis.
The CFOs of companies awarded for their excellence in financial reporting explain their approaches.
AgileIT CEO Nick Truran highlights three IT areas to focus on to achieve significant savings.
CEO Bernard Agulhas talks about IRBA's strategies to rebuild trust after a clean audit review.
Comair's board thanked Kirsten for her "sterling" job and wished her every success in the United Kingdom.
Workday accredits its 10,200 employees' contributions to its culture, products and services for its ranking.
Workday was named a leader for its cloud core financial management suites for midsize, large and global enterprises.
The CEOs have stepped down to allow for a leadership reset after an independent review into US project.
BlackLine gets its message out there: It's possible to have finance automation control and visibility.
Need to fly a couple of executives into Lesotho to visit one of Premier's bakery operations? No need to book a commercial flight - CFO Kobus Gertenbach has achieved his lifelong dream of getting his pilot's licence and owning a light aircraft and is more than equal to the task.
Also: Standard Bank writes down stake in ICBCS and Group Five Projects business sold to the Teichmann Group
Mthimunye is taking over from Kuben Pillay who will remain in the position for the handover period.
Steven Sidley says SA enterprises with on-premise server rooms and data centres are sitting ducks.
Altron Karabina's Paul Morgan says finance teams that use technology wisely can have a huge impact on results.
Michelle has been appointed as an independent non-executive director with effect from 1 November.
Finance Indaba attendees heard that they need to take an entrepreneurial view of their organisations.
Finance teams are under pressure. Collaboration software gives them more time to focus on strategy.
Clinix's Elisa Mkhize: "In five years' time, companies will need a completely different skills set."
Grant said that Paycode offers both financial inclusion and fintech, which are his passion.
Three CFOs told the Finance Indaba what they would go back and tell their younger selves.
Oracle's Phumzile Skosana outlines how to move beyond Excel and automate your FP&A process.
TreasuryONE's Rudolph Janse van Rensburg says that since we can't make more time, RPA can optimise productivity.
Data has become the new competitive advantage in today's information-driven age. The next step in generating value from your data is to implement data and analytics at scale within your organisation.
Mariska Casey explains how she won the World Championship in deadlifting, despite huge personal challenges.
It's about being technologically adept, having a strong and nurturing support system.
An S&P Global Market Intelligence study shows that woman CFOs are increasing companies' profits.
Public Sector CFOs have to deal with negative public perceptions, lack of resources and corruption.
Oracle's Audrey Mbuyazi: Technology frees finance professionals from mundane tasks, giving them more leave days.
Customers are becoming more tech-savvy as Fourth Industrial Revolution becomes more entrenched.
His appointment comes into effect with Sandile Ntsele's departure to support Group CFO Ralph Mupita.
The Nkangala TVET CFO knows how devastating the impact of financial challenges can be on students.
CFOs encouraged to serve their communities with optimism to make meaningful change across the country.
Speaking at the Finance Indaba, Thomson Reuters' Hari Ganesh Kumar made the case for tech transformation.
The Goldman Sachs CEO urges businesses to work with government to create a better South Africa.
Transunion CEO Lee Naik told Finance Indaba that finance professionals must work harder to stay relevant.
IRBA's Imre Nagy says that regulators have to be tougher on finance professionals.
Small businesses hope the new ESD codes will help them to benefit more from BEE.
Criminals will always be smarter if the right measures are not put in place.
Despite the general pessimism, South Africa still has a bright side.
With the advancements in financial technology, accountants need to operate an integrated financial reporting ecosystem.
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