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iOCO Streamlines Invicta’s Financial Reporting and Consolidation Processes

iOCO’s implementation of Certent CDM and IBM Cognos Controller at lnvicta Holdings (lnvicta) has helped to automate and streamline the entire financial reporting process, from the consolidation of results to the statutory reporting thereof. About lnvicta lnvicta Holdings is an investment holding and management company for a group of companies which are leaders in the […]

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XBRL: Meeting Digital Financial Reporting Requirements

What is “XBRL”? The acronym stands for “eXtensible Business Reporting Language”. According to iOCO, “XBRL is a freely available electronic language for financial reporting that is based on Extensible Markup Language (XML) and is produced and consumed by XBRL-enabled software.” Since 1 July 2018, the Companies and Intellectual Properties Commission (CIPC) has enforced its right […]

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How to Embrace Financial Reporting in the Cloud

If your Financial Reporting process consists of manic monthly “fire-drills”, comprising time-consuming manual efforts, it’s time to embrace the Cloud. Earnings are becoming more volatile, data is changing at the speed of light, and management requires reports that deliver insights and are easy to analyse, rather than documents thrown together to meet a deadline, containing […]

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