Digitization is not no more than switching right from paper to digital ~ it’s about transforming your business model in order to unlock fresh revenue- and value-producing prospects. It’s a procedure that impacts every part of a organization, from application to supply places to eat and sales. Embracing it is the only way to remain competitive and travel growth to your business.
But the most important step of a business digitalization is certainly not varying your tech equipment – it’s fostering an electronic digital culture inside your team. Your employees will need to feel comfortable and assured in using your software and enjoying the knowledge to help these groups learn. It’s also crucial to make a clear biztechxperts.com/5-ways-to-strengthen-leadership-in-the-company/ vision showing how a digital workflow will influence each division and their desired goals.
One of the most effective approaches to achieve business digitalization through creating and managing a central database just where all data is stored and prepared. This way, the proper information is available to the right people on the right time. For example , with a centralized inventory supervision solution, it is easier to manage stock levels and prevent out-of-stock situations.
In the same way, with worker expense operations program, it’s less complicated for HUMAN RESOURCES departments to automate studies and spreadsheets to enable them to keep track of bills. This will save time and money and improves consistency, while making your finance team better. Ultimately, that allows you to make better strategic decisions based on trusted data analytics that support your business progress.
He is a Commerce Graduate and holds Master degree in Economics and Finance.
He carries exceptional experience in spearheading high-end external audits, forensics engagements and In-Country Value (ICV) certifications. In hand a combined rich experience of more than a decade in audits, investigations, ICV advisories and corporate training. His portfolio contains industries’ experience relating to Oil and Gas, Real Estates, Hospitality, Construction, Consulting and Engineering, Education, FMCG and Non for-profit Organization which contains listed entities and public sector external audit engagements.
He is engaged in corporate trainings relating to IFRSs, ISAs and fraud investigation tools and techniques, hence throughout his career, he has a privilege of speaking on audit and financial reporting matters at both national and international platforms.
He is an approved Mentor of Association of Certified Fraud Examiners (ACFE), USA. He is engaged with different educational Institutes for the provision of professionals' qualifications and is hosting seminars/webinars globally for the audit and accounts fraternity.
He has authoreda book in the name of “IFRS Glimpse (IG)” and has published many articles on IFRSs.
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