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
      AI music is here and the rulebook is blank - Justin Erasmus

      AI music is here and the South African rulebook is blank

      19 October 2026
      SA start-up wants to put a padlock on your phone calls

      SA start-up wants to put a padlock on your phone calls

      19 October 2026
      Post Office wants R2.2-billion from government as it braces for another loss

      Post Office wants R2.2-billion from government as it braces for another loss

      19 October 2026
      A software revolution is heading for South African driveways

      A software revolution is heading for South African driveways

      19 October 2026
      Ispa asks if government still cares about the cost to communicate

      Ispa asks if government still cares about the cost to communicate

      19 October 2026
    • World
      OpenAI turns the tables on Apple in trade secrets fight

      OpenAI turns the tables on Apple in trade secrets fight

      15 October 2026
      Google's Gemini 4 Argon is finally here

      Google’s Gemini 4 Argon is finally here

      14 October 2026
      Apple's new HomeView smart home hub

      Apple takes another shot at the smart home

      13 October 2026
      AI is now holding up the world economy, says IMF

      AI is now propping up the world economy, says IMF

      12 October 2026
      SpaceX takes aim at US wireless carriers with spectrum acquisition

      Starlink is coming for your mobile operator

      9 October 2026
    • In-depth

      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
      The internet has a Strait of Hormuz problem

      The internet has a Strait of Hormuz problem

      15 July 2026
      AI boom sparks rally, frenzy and fear

      AI boom sparks rally, frenzy and fear

      11 June 2026
    • TCS
      W&W | LDV's Gerhard Moolman on electric bakkies, fleet orders and 'school fees'

      W&W | LDV’s Gerhard Moolman on electric bakkies and fleets

      9 October 2026
      TCS | Frogfoot sees bigger fibre deals coming - TechCentral Show guests Abraham van der Merwe and Shane Chorley

      TCS | Frogfoot sees bigger fibre deals coming

      8 October 2026
      Meet the CIO | Vodacom's Mohamed Sami on the agentic future

      Meet the CIO | Vodacom’s Mohamed Sami on the agentic future

      5 October 2026
      Lexi Novitske, general partner at Norrsken22, on the TechCentral Show

      TCS | Norrsken22’s Lexi Novitske on how China is winning African tech

      1 October 2026
      TCS | Dominic White and Adam Ely on AI agents going rogue

      TCS | Dominic White and Adam Ely on AI agents going rogue

      29 September 2026
    • Opinion
      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
      Let South Africans jailbreak their way to digital sovereignty - Dirk de Vos

      Let South Africans jailbreak their way to digital sovereignty

      5 October 2026
      South Africa's next energy crisis is in the accounts department - Craig Holmes

      South Africa’s next energy crisis is in the accounts department

      29 September 2026
      The steam engine lesson AI doomsayers keep missing - Sam Clarke

      The steam engine lesson AI doomsayers keep missing

      28 September 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

    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
    Cloud and AI won't deliver value on their own, executives warn

    Cloud and AI won’t deliver value on their own, executives warn

    1 October 2026
    Company News
    Winners, from left: Zandile Monaisa (Rand Refinery), Sibongakonke Kheswa (PSG Capital), Stefan Links (Forestry South Africa), Thabang Modiba (Mondelez International), Charmaine Ncube (Razor PR), Shaun Burger-Smal (Bestmed Medical Scheme), Nandipha Ngcobo (Transnet), Tracy Mulwela (Vodacom), Cheryl-Lynn Freeman (Mzansi Business Services), Yasheen Harrielall (Zutari), Valentine Mabaso (Taonga Business Group) and Thabang Thlaku (African Rainbow Minerals). Image: Rising Star Awards

    Celebrating South Africa’s rising stars: the leaders shaping what comes next

    19 October 2026
    Paratus Zambia delivers Starlink to thousands of children in Family Legacy schools

    Paratus Zambia delivers Starlink to thousands of children in Family Legacy schools

    15 October 2026
    Data sovereignty in South Africa is not an address - Ascent Technology, Johan Lamberts

    Data sovereignty in South Africa is not an address

    15 October 2026
    Opinion
    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
    Let South Africans jailbreak their way to digital sovereignty - Dirk de Vos

    Let South Africans jailbreak their way to digital sovereignty

    5 October 2026

    Subscribe to Updates

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

    Latest Posts
    AI music is here and the rulebook is blank - Justin Erasmus

    AI music is here and the South African rulebook is blank

    19 October 2026
    SA start-up wants to put a padlock on your phone calls

    SA start-up wants to put a padlock on your phone calls

    19 October 2026
    Winners, from left: Zandile Monaisa (Rand Refinery), Sibongakonke Kheswa (PSG Capital), Stefan Links (Forestry South Africa), Thabang Modiba (Mondelez International), Charmaine Ncube (Razor PR), Shaun Burger-Smal (Bestmed Medical Scheme), Nandipha Ngcobo (Transnet), Tracy Mulwela (Vodacom), Cheryl-Lynn Freeman (Mzansi Business Services), Yasheen Harrielall (Zutari), Valentine Mabaso (Taonga Business Group) and Thabang Thlaku (African Rainbow Minerals). Image: Rising Star Awards

    Celebrating South Africa’s rising stars: the leaders shaping what comes next

    19 October 2026
    Post Office wants R2.2-billion from government as it braces for another loss

    Post Office wants R2.2-billion from government as it braces for another loss

    19 October 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