We sat down with AWCape Managing Director, Jeff Ryan, and PJ Bishop, Sage VP of Partners, Accountants, and Alliances for Africa and the Middle East, to discuss the state of cloud finance in South Africa.CFOs are investigating how solutions can work together to provide a comprehensive solution. Previously, you had to use the “full Lego set” but now you can pick and choose according to your needs.
For example, if you have a regular payment of R1 000 and someone pays R100 instead, the system picks this up immediately.Machine learning can also pre-populate repetitive data – such as banking codes and area codes – that is common across all systems.
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