Board independence: King IV recommends a balanced approach

South African boards should be looking carefully at King IV’s guidance on board composition and director independence rather than simply trying to impose a one-size-fits-all rule, says Richard Foster CD(SA), a governance advisor, professional non-executive director and Institute of Directors in Southern Africa (IoDSA) facilitator. An overemphasis on independence can actually rob boards of institutional…

Switching to cloud-native document automation saves costs and improves cash flow

By Chris de Zeeuw, founding partner and Managing Director of Capisol Software Approximately 25-30% of accountants’ time is taken up searching for documents. As a result, many companies are spending unnecessary time searching for invoicing information and documents, correcting errors, or ensuring document compliance when all of these processes can be safely automated. Finance and…