Digital Transformation in the Accounting Industry

December 7th, 2021

Accountants and accountancy firms are an essential part of the business landscape. They make a significant contribution to the efficiency and effectiveness of the businesses they service. This means that accounting firms themselves need to continually find ways to refine and improve their own systems and processes. This in turn enables them to function optimally, meet the changing needs of their clients, and grow their client bases.

Digital transformation is fundamental to achieving this and elevates the role of accountants. It does this by removing the tasks that add little value and allowing them to focus on those that do, empowering them to achieve more within their speciality. Process automation, data management, reporting, and analytic insights all contribute to better communication with clients, simpler processes, and improved cash flow, which are all critical to keeping a business running well.

Costs and Benefits of In-House vs Outsourced Cybersecurity for SMEs

November 30th, 2021

Cybersecurity challenges have moved from IT and Security desks to that of boardrooms as hackers get savvier about breaking through even the most high-tech defences to the detriment of SMEs and non-profit organisations. Cybersecurity has become an important topic of conversation and everyone’s responsibility.

Why You Should Increase Your IT Budget in 2022

November 22nd, 2021

In 2020 and 2021, businesses around the world had to spend money on IT to enable their work to continue remotely or through online customer engagement, whether they were planning to or not. With so much money already having been spent on IT, some small and medium-sized business leaders may be wondering if it’s time to reduce or simply maintain their IT budgets, but we think that would be a mistake.

Microsoft 365 – Name that icon

October 22nd, 2021

Until 2020, many companies hadn’t given much thought to cybersecurity beyond assuming their IT departments would sort out an effective firewall. However, with the move to more remote or hybrid working, cybersecurity has been bumped up the agenda, especially as businesses take note of other organisations falling prey to malware attacks.

Threat hunting – what you need to know

October 7th, 2021

Until 2020, many companies hadn’t given much thought to cybersecurity beyond assuming their IT departments would sort out an effective firewall. However, with the move to more remote or hybrid working, cybersecurity has been bumped up the agenda, especially as businesses take note of other organisations falling prey to malware attacks.

Business IT – balancing price and value

August 17th, 2021

Every business has to be sensitive to costs, but focusing only on finding a lower rate is not necessarily the best way to ensure you get the best value.
Value goes beyond price – it’s about weighing the benefits against the cost. Sometimes that’s hard to do, however.

What you need to know about DMARC and your domain

August 12th, 2021

DMARC stands for Domain-based Message Authentication, Reporting and Conformance. It’s a technical standard that helps to protect email senders and recipients from advanced threats that could cause an email data breach. DMARC email security lets the owner of the domain specify their authentication practices, as well as what actions should be taken if an email fails authentication. It also allows mail recipients to flag emails that fail authentication.

Beware of this legit-looking COVID-19 scam

July 26th, 2021

Liza Weschta, Cybersecurity Product Manager at Numata Business IT, received a legitimate-looking COVID-19 phishing scam/ business email compromise (BEC) attack.

The email looks as though it comes from the Gauteng Health Department regarding COVID-19 vaccination, complete with the legitimate logos and email signatures one would expect to see in an official provincial government email.

Why business leaders need to care about cybersecurity

July 20th, 2021

In our previous series on cybersecurity, we pointed out that one of the best ways for small- and medium-sized businesses to combat cyber threats is to invest in cybersecurity awareness training. This strategy can go a long way in helping employees stay safe and keep a company’s systems from harm, but in order to get buy-in from staff, there needs to be a concerted effort from leaders to actively support this training.

How to manage hybrid working

July 13th, 2021

Companies of every shape and size are re-evaluating the way their employees work. Forbes recently reported on several major UK companies anticipating a move to the hybrid model, where employees divide their time between the office and home. Nedbank, one of South Africa’s biggest banks, also announced its intentions to only have 60% of its staff on its campuses on any given day. In fact, Gartner estimates that by 2022, 25% of the global knowledge workforce will choose their home as the primary workplace, and 45% of the workforce will be working from home two to three days per week.