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Anticipating Financial Challenges: Strategic Measures for CorporateFinance As a CFO in South Africa or elsewhere in Africa, you’re no stranger to the financial hurdles that come your way. Strategic Measure: CFOs should focus on strong cashflowforecasting and planning for different scenarios.
They need efficient tools to manage cashflows, both cash in and cash out, and to predict the impact of something specific to their treasury needs.” By tapping into advanced analytical tools, treasury teams can uncover far deeper insights from their increasingly vast volumes of financialdata.”
The enterprise resource planning ( ERP ) system has been a staple of corporatefinance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. He pointed to financial reporting as one example of this shift. Modernizing the ERP.
He remains “bullish,” he said, on the technology’s ability to streamline vendor payments, as well as to make a bigger impact on the broader corporatefinance ecosystem. That same information is key to alternative and traditional lenders, which need this data to underwrite their financing.
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