CFO Magazine Special Edition: Finance Indaba Conversations

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FIC

talking tech

FIRING UP BUSINESS WITH THE RIGHT TECH The technology landscape is constantly changing, and finance leaders agree that technology isn’t just an IT function but needs to be layered into every aspect of business.

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BY PUSELETSO MOMPEI nder the theme of Talking Tech, a Finance Indaba Conversation sponsored by Workday, finance leaders spoke about the challenges and opportunities they face as the technology landscape shifts.

Edward Bass, account executive from Workday, said that to keep pace with technological adoption, it is important for service providers to shift from transactional to partnership models with their clients. He said that vibrant, open relationships with service providers allow for real dialogue on what is coming, and drive the ability to implement technology fast and in a non-disruptive manner.

Megan Pydigadu, the CFO of EOH, spoke on the transformative power of technology. She explained that since she joined the organisation, EOH has embraced technology quickly to address governance and compliance, which were massive issues at the company. As an IT organisation they have leveraged off skills: “Technology became a strong enabler for us as a very complex group, and with it we have been able to get control and understanding of the internal workings of the company. We have been able to see red flags and weaknesses quicker, having automated things like the bid process,” she said. Sharon Naidoo, TransUnion’s CFO, said the strategic role of technology had to be defined from

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