Finance is under pressure to control, report and coordinate the financial state of dynamic businesses but coupled a fiduciary responsibility to the broader public. Enterprise Performance Managements Systems (EPM) are the technology platforms used to alleviate the processing burden that comes in the spreadsheet heavy environment.
Zimela Consulting was established in 2020 as a specialist EPM advisory services firm seeking leverages our thirty years of technical and functional experience to develop world class South African accounting practices in business. South African Corporate Finance teams need support to implement and manage specialist financial reporting systems necessary to produce high performance Financial Analytics teams.
The role of Finance teams in the South African context is stretched on two axis. On one, Accountants are responsible for the responsible governance and accurate reporting of companies financial results. On the other, Finance teams use their insights into Financial Measurement to analyse and forecast corporate performance.
Enterprise Performance Management, also known as Corporate Performance Management or Business Performance Management is an industry term used to describe the analytics function generally performed by Accountants and Operations managers to assess the true profitability and effectiveness of a company’s operations. The traditional tool used in this space are spreadsheets for compiling and analysing data.
Software vendors have rolled out plethora of tools, both generic and specific that have been used by finance teams to manage this function. As organisations and software systems have developed, data hosting and data querying platformshave become more complex and diverse.Dedicated product suites have been developed by a host of software vendorsto enhance the performance management function.
Our experience implementing and managing EPM systems span multiple platforms. Our client’s Reporting, Budgeting and Forecast capabilitiesgive their finance teams a strategic edge in serving their internal and external customers. Speed up your financial close cycles, increase visibility on your audit processes, finalize Budgets sooner or even transition your teams to effective rolling forecast processes with Zimela Consulting.
Let Zimela Consulting help you modernize your and automate your processes to ensure your Finance team focuses on the value add functions instead of drudging through manual operations and reconciling datasets spread across spreadsheets and reports.
Isibheqe is a free cultural technology that is derived from izimpawuzesintu such as litematsabasotho, that is, it is based on well-established regional symbologies and received wisdom of indigenous knowledge systems
Zimela is Nguni for “Together we Stand”. Zimela Consulting embraces a positive, affirming and progressive view of our African present, past and future.. A vision that affirms Africa and South Africa’s dynamic intellectual traditions as a transformative cultural force for the 21st century.
To this end we were fortunate to facilitate a seminar on IsibheqeSohlamvu at the AWQAF SA Offices in Sandton. The event was hosted by NR Pule Welch and served as an introduction to African writing systems in particular, and writing systems in general. The system itself is the inspiration for our logo but also speaks to our values and objectives as a specialist advisory firm pushing for and African agenda.
Zimela is keen on seeking out the opportunity of Africa and Africans, often overlooked in favour of contemporary models of thinking that don’t seek to serve the spirit of ubuntu that sustains South African life.