Without Desktop Virtualisation, you can’t attain True Business Continuity
Even if you’ve invested on virtualisation, off-site backup, redundancy, data replication, and other related technologies, I?m willing to bet your BC/DR program still lacks an important ingredient. I bet you’ve forgotten about your end users and their desktops. Picture this. A major disaster strikes your city and brings your entire main site down. No problem. […]
Spreadsheet Risks in Banks
No other industry perhaps handles such large volumes of critical financial data more than the banking industry. For decades now, spreadsheets have become permanent fixtures in the front-line reporting tool sets of banks, providing organised information when and where needed. But as banks enter into a period of heightened credit risks, elevated levels of fraud, […]
Can you do away with the Project Initiation Meeting?
Project initiation meetings are often skipped to fast-track projects. Once a sponsor is found, organisations go straight to project planning and execution. But based on our own experience, holding a project initiation meeting can actually eliminate many issues that may crop up in the future and hence may speed things up instead in the long […]
Still Looking For A Way To Consolidate Excel Spreadsheets?
When it’s time to consolidate Excel data, I won’t be surprised if you wished there was an easy way.
The Better Way of Applying Benford’s Law for Fraud Detection
Applying Benford’s Law on large collections of data is an effective way of detecting fraud. In this article, we?ll introduce you to Benford’s Law, talk about how auditors are employing it in fraud detection, and introduce you to a more effective way of integrating it into an IT solution. Benford’s Law in a nutshell Benford’s […]
Month End Accounting the way it should Be Today
Month end accounting has always been a business critical exercise. Without the balance sheet, income statement, and other financial reports this exercise ultimately produces, management could not make informed decisions to keep the company in the right direction and at the ideal operational speed. Now, in order to maintain optimal business velocity, month end activities […]
Business Turnaround Tip for a Successful MBO Turned Awry
When you acquire a company through an MBO, your hopes are always high. You know the business more than anyone else and you’ve got too much at stake to do a sloppy job. So how could things go wrong? Well sometimes they do. And if you don’t make a quick business turnaround, you could end […]
Spreadsheet Reporting – No Room in Your Company in an Age of Business Intelligence
It doesn’t take a genius to understand why spreadsheet reporting still pervades the enterprise despite the rise of a complex but highly effective IT solution known to big shot CIOs as Business Intelligence or BI. If you’re still in the dark as to what BI is, don’t worry because we?ll enlighten you shortly. Business decisions […]
Top 10 Disadvantages of Spreadsheets
Why Spreadsheets can send the Pillars of Solvency II Crashing Down
Solvency II is now fast approaching and while it may provide added protection to policy holders, its impact on the insurance industry is not all a bed of roses. Expect insurance companies to restructure, increase manpower, and raise spending on actuarial operations and risk management initiatives. Those that cannot, will have to go. But what […]
