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20-man days a year: That’s what SA business spend on tax & accounting

01 August 2018

South African micro-businesses spend around 20 times more of their available hours on tax-related accounting than medium-sized companies, and around four times more of their available hours than small companies. This new global research highlights the impact of unfair and inefficient tax systems on Small & Medium Businesses around the world, including findings to suggest that the smallest 515,000 companies and startups registered in South Africa face some of the most significant administrative burdens.

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Mid-sized retailers need to modernise tech to keep pace with digital competitors and rising consumer expectations

30 July 2018

Second-tier retailers in South Africa should be looking at modernising their enterprise application backbones so that they can become more agile, more easily embrace digital channels, and rapidly expand their businesses into new markets.

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#BRICS: Paving the way to a brighter future for small biz in South Africa

27 July 2018

The 10th BRICS Summit in Johannesburg this week highlights the growing opportunities for South Africa’s Small & Medium Businesses to export their goods and services to emerging market peers such as Brazil, Russia, India and China. Paired with South Africa’s support for the African Continental Free Trade Area, this demonstrates that government is looking strategically at how we can export and globalise our country’s dynamic and innovative start-ups, scale-up and small companies.

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The IoT journey: 6 questions to ask before starting

26 July 2018

On the surface, embracing the Internet of Things (IoT) for business transformation seems like an obvious strategy for any organisation. However, if an IoT initiative is not properly designed, deployed and supported with the right resources, tools and data, it could introduce significant risk, spanning costs, security, and reputational and regulatory challenges.

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4 Technologies that change the game for accounting practices

24 July 2018

A new wave of technologies is automating many of the mundane processes that once took up so much of your time. Cloud computing, artificial intelligence and big data are reinventing accounting in sub-Saharan Africa, from South Africa to Nigeria, and beyond.

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What NPOs wish corporates knew before Mandela Day

16 July 2018

It was 2pm on Mandela Day at the after-care centre. The children were getting ready to go home when suddenly, 80 volunteers from a large local bank arrived, unannounced. We didn’t know who they were, but they wanted to use their 67 minutes with to volunteer with us.

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Is the economy running you down? Here’s how to run a virtual business to save cost and introduce efficiency

10 July 2018

Mobile technology has rapidly replaced many of the tools that used to clutter the workplace: the old-fashioned telephone, the phone book, the diary, the Dictaphone, business cards, cameras, the big PC on your desk...the list goes on.

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Time runs out to become XBRL compliant

09 July 2018

Sage software solution, Sage Final Accounts Online helps accountants produce annual financial statements for their small business clients, which is submitted to CIPC. Sage Final Accounts Online is XBRL compliant.

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Five tips for accelerating business growth

02 July 2018

Today there is a near continuous need for companies to keep repositioning themselves and re-work their strategies in the pursuit of success. According to PWC’s 2017 CEO Survey, nearly a quarter of CEOs singled out innovation as their top priority for 2018 – this outstripped priorities such as human capital, competitiveness, customer experience and technology capabilities.

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