Close Menu
TechCentralTechCentral

    Subscribe to the newsletter

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Facebook X (Twitter) YouTube LinkedIn
    WhatsApp Facebook X (Twitter) LinkedIn YouTube
    TechCentralTechCentral
    • News
      Fewer stores, more Bash: TFG's online pivot gathers pace

      Fewer stores, more Bash: TFG’s online pivot gathers pace

      6 November 2026
      Tesla pulls the plug on the Cybertruck

      Tesla pulls the plug on the Cybertruck

      6 November 2026
      AA boss gives South Africa's car industry five years - Bobby Ramagwede

      AA boss gives South Africa’s car industry five years

      6 November 2026
      AI's black box may not be so black after all

      AI’s black box may not be so black after all

      6 November 2026
      Big wind farms drive a surge in private power registrations

      Big wind farms drive a surge in private power registrations

      6 November 2026
    • World
      John Ternus faces first big test as Apple CEO - John Ternus

      John Ternus faces first big test as Apple CEO

      2 November 2026
      Alleged Israeli spy company heavily targeted Starlink users

      How online ads were used to hunt Starlink users

      28 October 2026
      Anthropic's IPO stands alone

      Anthropic’s IPO stands alone

      23 October 2026
      PHP flaws trigger global scramble as hackers pounce

      PHP flaws trigger global scramble as hackers pounce

      22 October 2026
      OpenAI turns the tables on Apple in trade secrets fight

      OpenAI turns the tables on Apple in trade secrets fight

      15 October 2026
    • In-depth
      Ducking hell: inside Apple's hidden list of words the iPhone won't suggest

      Ducking hell: inside Apple’s hidden list of words the iPhone won’t suggest

      6 November 2026
      Why investors are souring on Netflix

      Why investors are souring on Netflix

      22 October 2026

      10 days that changed the course of AI

      21 September 2026
      Meta to the AI industry: slow down without us - Mark Zuckerberg

      Meta to the AI industry: slow down without us

      16 September 2026
      Google DeepMind CEO Demis Hassabis. Image: John Sears

      The plan to stop AI from breaking the world

      16 July 2026
    • TCS
      TCS+ | Old Mutual's Celiwe Ross on leading people through AI - Old Mutual

      TCS+ | Old Mutual’s Celiwe Ross on leading people through AI

      6 November 2026
      TCS+ | How the Apple ecosystem drives productivity for SMEs - Sudesh Pillay iStore and Kevin McLennan

      TCS+ | How the Apple ecosystem drives productivity for SMEs

      6 November 2026
      TCS+ | Vox on AI, data rules and omnichannel communication for SMEs

      TCS+ | Vox on AI, data rules and omnichannel communication for SMEs

      26 October 2026
      TCS | The Cape Town firm quietly connecting Eskom, Pep and 6 000 ATMs - Réan van Niekerk, Metacom

      TCS | The Cape Town firm quietly connecting Eskom, Pep and 6 000 ATMs

      23 October 2026
      TCS+ | Boards are underestimating the cost of a cyberattack, says Arctic Wolf - Jason Oehley and Andre Den Hond

      TCS+ | Boards are underestimating the cost of a cyberattack, says Arctic Wolf

      22 October 2026
    • Opinion
      Icasa's Sim rules need a privacy backstop - Lloyd Matthew and Heinz Vollmer

      Icasa’s Sim rules need a privacy backstop

      5 November 2026
      AI's boardroom honeymoon is over - Gary Stocks

      AI’s boardroom honeymoon is over

      22 October 2026
      Before South Africa licenses Starlink, it should look at Ukraine - Duncan McLeod

      Before South Africa licenses Starlink, it should look at Ukraine

      21 October 2026
      Nonkqubela Thathakahle Jordan-Dyani

      Why cybersecurity is now a national security issue for South Africa

      15 October 2026
      When a machine can choose, who does it become? Fanie van Rooyen

      When a machine can choose, who does it become?

      9 October 2026
    • Company News
      • 1Stream
      • Africa Data Centres
      • AfriGIS
      • Altron Digital Business
      • Altron Document Solutions
      • Altron Group
      • Arctic Wolf
      • Ascent Technology
      • AvertITD
      • BBD
      • Braintree
      • CallMiner
      • CambriLearn
      • CM.com
      • Contactable
      • CYBER1 Solutions
      • Digicloud Africa
      • Digimune
      • Domains.co.za
      • ESET
      • Euphoria Telecom
      • HOSTAFRICA
      • Incredible Business
      • iONLINE
      • IQbusiness
      • Iris Network Systems
      • Kaspersky
      • LSD Open
      • Mitel
      • NEC XON
      • Netstar
      • Network Platforms
      • Next DLP
      • Ovations
      • Paracon
      • Paratus
      • Publishared
      • Q-KON
      • SevenC
      • SkyWire
      • Solid8 Technologies
      • Telit Cinterion
      • Telviva
      • Tenable
      • Vertiv
      • Videri Digital
      • Vodacom Business
      • Vox
      • Wipro
      • Workday
      • XLink
    • Sections
      • AI and machine learning
      • Banking
      • Broadcasting and media
      • Cloud services
      • Contact centres and CX
      • Cryptocurrencies
      • Education and skills
      • Electronics and hardware
      • Energy and sustainability
      • Enterprise software
      • Fintech and payments
      • HealthTech
      • Information security
      • Internet and connectivity
      • Internet of things
      • Investment
      • IT services
      • Lifestyle
      • Policy and regulation
      • Public sector
      • Retail and e-commerce
      • Satellite communications
      • Science
      • SMEs and start-ups
      • Social media
      • Talent and leadership
      • Telecoms
      • Watts & Wheels
    • Events
    • Advertise
    TechCentralTechCentral
    Home » Sections » Enterprise software » Durban’s finance leaders are done with AI theatre

    Durban’s finance leaders are done with AI theatre

    Promoted | Durban's finance leaders have seen enough AI demos - now they want systems that act on real data.
    By Sage26 March 2026
    Twitter LinkedIn Facebook WhatsApp Email Telegram Copy Link
    Get breaking news on WhatsApp

    Durban's finance leaders are done with AI theatre - Sage Intacct

    Finance teams are not short of dashboards, automation tools or AI pilots. What they are short of is time and confidence. Time to close, time to forecast, time to interrogate variance properly. Confidence that the numbers in front of them reflect the business as it is, not as it was two weeks ago.

    That gap is why the most useful finance conversations right now are not about whether to “use AI”. They are about whether finance can become faster without becoming riskier.

    Learn more about Sage Intacct

    This was the undercurrent at Sage’s Intacct Breakfast Briefing in Durban, hosted in partnership with TechCentral under the theme “Driving Finance Forward”. The session explored how agentic AI and cloud-native platforms are shifting finance from a back-office reporting function to a forward-looking engine that can guide decisions in real time.

    The AI opportunity gap

    Erika More, sales director for Sage Africa & Middle East, shared a statistic that will sound familiar to many CFOs: while 86% of CFOs have adopted AI, only 49% have deeply integrated it into core finance functions.

    That is not a minor implementation detail. It explains why so many organisations feel they are “doing AI” yet still cannot answer simple board questions quickly: What changed? Why did it change? What is the risk if we wait?

    Light-touch AI can make work feel smoother. Deep integration changes outcomes: close cycles, controls, forecasting cadence and the speed at which finance can challenge assumptions before they harden into strategy.

    The message for finance leaders is uncomfortable but useful: adoption is easy to report. Integration is harder — and that is why it is valuable.

    From efficiency gains to decision advantage

    A helpful distinction emerged between an “AI adopter” and an “AI leader”.

    Adopters use technology to do the same work faster: reduce manual capture, automate reconciliations, generate reports more quickly. Leaders use it to change what finance is for: earlier warnings, better scenario planning, clearer accountability and faster decision-making with fewer surprises.

    This is where agentic AI comes in — not AI that merely produces content, but AI designed to plan and act towards a goal within defined guardrails. In finance terms, it is less about clever answers and more about doing the tedious work reliably so humans can focus on judgment: interpreting results, challenging narratives and guiding trade-offs.

    Durban's finance leaders are done with AI theatre - Sage Intacct

    Architecture is strategy

    Most finance transformation efforts are constrained by plumbing: how systems update, how data flows, how teams access information and how many workarounds are required to keep the lights on.

    In a live demonstration, Michael Britz, senior solutions engineer at Sage, showed how Sage Intacct is positioned as a cloud-native financial management platform. The point was not “cloud” as marketing. It was cloud as an enabler of a different operating model: fewer dependencies, automated updates and a platform designed to keep teams current without bolting on manual processes.

    For finance leaders, this is not about convenience. It is about control. Workarounds create hidden risk: fragile reconciliations, spreadsheet-only truth and key-person dependencies that surface at month-end.

    Dimensional accounting

    A standout concept was dimensional accounting, framed as an alternative to ever-expanding general ledger structures.

    Instead of adding segments and complexity to force reporting to work, dimensional tagging allows transactions to carry context — department, location or project. The practical benefit: more granular reporting without turning the chart of accounts into a maze. The strategic benefit is bigger: when data is structured for analysis, finance can respond to new questions without redesigning the ledger each time the business shifts.

    Multi-entity complexity

    For groups running multiple entities, the pain is predictable: intercompany mapping, eliminations, due-to and due-from positions, and the slow grind of getting to a consolidated view that the CFO can trust.

    Britz demonstrated multi-entity management in a single environment, including automated mapping intended to simplify inter-entity processes. The bigger lesson is about capacity. When finance spends less time stitching reality together, it can spend more time advising the business while there is still time to change course.

    Durban's finance leaders are done with AI theatre - Sage Intacct

    Most credible AI use cases also least glamorous

    The most persuasive AI moments in the session were not flashy. They were practical: accounts payable automation that digitises invoices via a dedicated mailbox and supports line-level matching against purchase orders; an assurance-style agent that flags unusual journal entries in real time by comparing behaviour against historical patterns; and a close workspace designed to track month-end tasks and surface variances.

    If agentic AI is going to matter in finance, it will be here: in the repetitive, high-risk work that steals time and invites error.

    5 moves to make finance faster without weakening trust

    First, identify where decisions wait for data and quantify the cost of delay. Second, fix data structure before adding intelligence — bad inputs produce confident nonsense. Third, automate where repetition and risk intersect: accounts payable, journals and close discipline. Fourth, treat integration as a finance strategy, not an IT side quest — fragmentation is a control problem. Fifth, invest in capability as well as tooling. Adoption fails when teams are not enabled to change how they work.

    Learn more about Sage Intacct.

    • Read more articles by Sage on TechCentral
    • This promoted content was paid for by the party concerned
    Add TechCentral as a preferred source on GoogleFollow TechCentral on Google NewsGet breaking news on WhatsApp


    Events Michael Britz Publishared Events Sage Sage Intacct
    WhatsApp YouTube
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email Copy Link
    Previous ArticleDefend your cloud with Altron Digital Business
    Next Article FirstRand ups stake in Optasia in R1.5-billion deal

    Related Posts

    4Sight revenue jumps 29%, but software resale squeezes margins

    4Sight revenue jumps 29%, but software resale squeezes margins

    22 October 2026
    Pothole bounty app wins Wits hackathon - Winning team, Buff Bytes, from left: Ndivho Shilling, Alton Maseko and Paballo John Bopape, all honours students in the School of Computer Science and Applied Mathematics

    Pothole bounty app wins Wits hackathon

    5 October 2026
    Huawei sets out its vision for intelligent government at GovTech 2026

    Huawei sets out its vision for intelligent government at GovTech 2026

    2 October 2026
    Company News
    XLink brings dual-network resilience to eSim

    XLink brings dual-network resilience to eSim

    6 November 2026
    CambriLearn parents can now ask AI whether their child went to class

    CambriLearn parents can now ask AI whether their child went to class

    6 November 2026
    'There was hunger for alternatives': PSET launches at Purcon 2026 - Ebenezer Smith

    ‘There was hunger for alternatives’: PSET launches at Purcon 2026

    6 November 2026
    Opinion
    Icasa's Sim rules need a privacy backstop - Lloyd Matthew and Heinz Vollmer

    Icasa’s Sim rules need a privacy backstop

    5 November 2026
    AI's boardroom honeymoon is over - Gary Stocks

    AI’s boardroom honeymoon is over

    22 October 2026
    Before South Africa licenses Starlink, it should look at Ukraine - Duncan McLeod

    Before South Africa licenses Starlink, it should look at Ukraine

    21 October 2026

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Latest Posts
    Fewer stores, more Bash: TFG's online pivot gathers pace

    Fewer stores, more Bash: TFG’s online pivot gathers pace

    6 November 2026
    Tesla pulls the plug on the Cybertruck

    Tesla pulls the plug on the Cybertruck

    6 November 2026
    AA boss gives South Africa's car industry five years - Bobby Ramagwede

    AA boss gives South Africa’s car industry five years

    6 November 2026
    AI's black box may not be so black after all

    AI’s black box may not be so black after all

    6 November 2026
    © 2009 - 2026 NewsCentral Media
    Built and maintained by Chronon
    • Cookie policy (ZA)
    • TechCentral – privacy and Popia

    Type above and press Enter to search. Press Esc to cancel.

    Manage consent

    TechCentral uses cookies to enhance its offerings. Consenting to these technologies allows us to serve you better. Not consenting or withdrawing consent may adversely affect certain features and functions of the website.

    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}
    🇿🇦 Sign up to the TechCentral newsletter