As finance leaders navigate volatile markets, the demand for real-time insights into financial data is growing, says Kodzai Masvikwa, digital finance lead at Decision Inc.
In a fast-changing global economy, chief financial officers and finance leaders are facing unprecedented challenges. The traditional role of merely safeguarding assets and overseeing liabilities is no longer sufficient. Today’s finance function is expected to drive strategic decision-making, foster growth and ensure liquidity and solvency to help organisations thrive in volatile markets. Drawing insights from Decision Inc.
By leveraging advanced analytics, finance teams can identify high-performing debtors, enabling better pricing strategies while flagging at-risk accounts to implement effective mitigation measures. Enhanced visibility over debtor balances and inventory levels gives CFOs improved control over cashflow, facilitating more strategic creditor negotiations.
Modern technologies enable a collaborative culture within the office of the CFO, fostering stronger partnerships with commercial and operational teams. By integrating activity-based forecasts with top-down strategic goals, finance leaders can forecast and plan more accurately. With fully integrated enterprise performance platforms, CFOs gain a 360-degree view of their organisation, enabling data-driven decisions on resource allocation that support long-term growth and success.
Retaining top talent is equally critical. CFOs must cultivate environments that inspire, reward and recognise the contributions of their teams. By fostering a culture of continuous learning, organisations can build a workforce that is both adaptable and resilient, positioning them to effectively manage data-driven processes and thrive amid technological disruptions.To support CFOs in addressing these priorities, Decision Inc.
Kodzai Masvikwa Finance Trends Chief Financial Officers Financial Data Resource Allocation Generative AI Natural Language Processing Digital Finance Health Check Assessment
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Varsity Cup 2025 Kicks Off Today with Four FixturesThe Varsity Cup, South Africa's premier student rugby tournament, is back with its 2025 season. The tournament, known for producing world-class talent, features top universities competing for the title. The season promises thrilling matches, electrifying atmospheres, and a spotlight on the growth of women's rugby.
Read more »
Charm Trend 2025: Personalization and PlayfulnessCharm bracelets are getting a modern makeover, moving away from clunky designs to sleek, modular options with interchangeable charms. The trend extends to necklaces, bags, shoes, and even clothing, allowing for endless personalization and storytelling.
Read more »
These small walking hacks will help you reach your 2025 health goalsEver wondered if walking before or after meals is better for your health? Our writer looks into it.
Read more »
Tyla Turns Heads at Jacquemus Fall 2025 in Daring Cut-Out GownSouth African pop star Tyla made a striking appearance at the Jacquemus Fall 2025 show, wearing a bold cut-out gown that highlighted her style and confidence. She accessorized with sleek heels and statement earrings, completing a glamorous and daring look.
Read more »
No 36% Electricity Tariff Hike in 2025, Says MinisterMinister of Electricity and Energy Dr Kgosientsho Ramokgopa has assured South Africans that there will be no 36% electricity tariff hike in 2025. He stated that the country needs to re-evaluate its energy mix to reduce electricity production costs. Ramokgopa also mentioned that business leaders at the World Economic Forum expressed concerns about the high cost of electricity in South Africa, hindering competitiveness. He expressed confidence that the proposed solutions submitted to NERSA will result in significantly lower electricity increases.
Read more »
Moozlie, K.O, Thabsie tease exciting new music for 2025In 2025, South African music lovers can look forward to new releases from K. O, Moozlie, and Thabsie, who promise exciting projects ahead.
Read more »