Welcome to the Seidor Africa Think Tank.
Seidor Africa - 9 Steps to take to successfully implement an integrated business management system
Accounting to ERP. Changing vital systems can be very disruptive to daily operations. Despite the potential disruption, changing from an accounting-only package to an integrated business management system gives businesses massive value, as well as a real competitive advantage. By implementing a solution that fits the business and the industry it operates in properly, SMEs gain greater control over their entire business. They are able to support all departments more effectively and leverage the power of data in an increasingly
Growth is a good thing. It is a sign of health in nature and business. Like with trees or plants, unstructured or unsupported growth can lead to a variety of problems and eventually even the end of a once-thriving species or organisation. As everything grows, so should your business systems. Consider moving from your old accounting systems to an ERP system. “Small businesses often get an accounting system as one of the first tools to help them manage the finances
The World Bank’s 2020 Doing Business report points out that growing a business and doing business in Africa has many challenges. There has however been a continuous improvement across the Sub-Saharan region and Rwanda and Mauritius stood out among the top 20 countries globally in terms of the ease of starting and maintaining a business. So where does ERP systems fit in and how do I compare ERP systems? “Technology will continue playing a key role in enabling SMEs to comply
With the outbreak of the Coronavirus, and so many employees working remotely, it has never been more important to ensure that your business functions at maximum productivity levels. Having the right integrated Enterprise Resource Planning (ERP) system in place, can ensure that no matter where your workforce is based, the needs and processes of specific departments, business units and divisions are fully understood. “Having an integrated system, which is essentially a centralised data warehouse for all your business processes and
In the world of COVID-19 with Seidor Africa
Covid-19 has changed the world in just a few weeks Financial managers without an ERP are having a tough time in a world where Covid-19 has changed the world in just a few weeks. If they were concerned before about adapting to unexpected changes to financial forecasts and rapidly evolving business models, aligning strategic, financial and operational plans and analysing data across the business to develop cost containment strategies, these concerns are now causing them to lay awake at night.
Digital transformation and end-to-end information management In March the Institute of Supply Chain Management conducted the first phase of a survey that investigated what impact COVID-19 would have on businesses and supply chains. The results were staggering with nearly 75 percent of companies reporting supply chain and distribution disruptions in some capacity due to transportation restrictions, and more than 80 percent who believed that their organisation would experience some impact because of COVID-19 disruptions. While this survey was conducted in
SAP Business One
The world is facing a level of crisis that we have not seen for generations. Countries are in lockdown and individuals, businesses and governments are learning to adapt daily to changing circumstances. It’s impossible to predict the long-term effects of COVID-19 but worldwide people are feeling the effects, and businesses and economies are wondering about the long-term impact. Planning for South Africa’s lockdown had to happen rapidly and many critical decisions, with far reaching repercussions, had to be made really
The transportation and logistics industry in Africa is one of the most challenging business environments to operate in. Constantly evolving, African transport and logistics are driven to change not only by increased competition and obligatory adherence to changing regulatory requirements but also by the opening of borders and the erosion of trade barriers. Requiring continuous monitoring and attention, businesses in this industry are increasingly benefiting from the impact of digital transformation as it continues to drive change and greater returns.