Kagiso Media is pleased to announce the appointment of Calvin Sefala as Urban Brew Studios Chief Executive Officer with immediate effect.

Sefala, who has been the acting Urban Brew Studios (UBS) CEO for the past year, has proven his ability to lead Urban Brew Studios during very trying times. Calvin has a financial and administrative background was previously employed as an auditor for KPMG South Africa and Canada, Chief Financial Officer for Endemol Shine, Group Financial Manager Kagiso Media and  Head of Finance at UBS.  

"We are excited to have Calvin Sefala as the UBS CEO. He complements our strong performance-oriented culture, and we believe his impressive ability for execution and achieving results makes him the right choice to lead Urban Brew Studios as we prepare the business for the next phase of profitable growth," said Tshepo Setshedi, Urban Brew Studios Chairman.   

About Urban Brew StudiosUrban Brew Studios is a leading facilities provider and a landmark of creativity for entertaining content. Our mission is to create technologically innovative content and provide facilities solutions that enable the production, distribution, and creation of inspiring content. 

Contact: Lulama Mqina
Urban Brew Studios
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(+27) 0834595094 

More and more companies are re-thinking their executive teams and outsourcing the financial aspect of their operations. In this modern age of dynamic and complex business markets replete with endless streams of new technology, automation and digitalisation, it is nearly impossible to stay abreast. Mounting operating expenses and inefficient labour in this financial climate are also not helping businesses achieve their envisaged growth.  Addressing these challenges from an operational and strategic perspective should not be taken lightly and certainly requires expert input. Considering an outsourced option for the financial operations of your company can be suitably beneficial.

Handre Lourens, business rescue practitioner and consultant at Hobbs Sinclair says, “The question you have to ask yourself is, does your business merit a full-time financial manager or financial director, or are you best placed to outsource this crucial function?”  The trend is with outsourcing, and here’s why. 

Outsourcing
Outsourcing your financial function and operations brings the advantage of securing a practised professional tailored to the requirements of your business – when you need it, how you need it – without the burden of employing someone full-time at the high cost of a permanent, qualified professional.   

Strategic decision-making and up-scaling
An outsourced financial go-to person will assist with business growth by managing your working capital cycle, cash flow, strategic decision-making and mitigation of risks, critical in the scale-up phase of any business.  

Monitoring your business
Experts in financial management, with diversified skill-sets and knowledge, will implement systems to mitigate risk and devise management accounts to monitor your business. This will enable better strategic decisions for growing revenue and customer base, cutting costs while increasing productivity and efficiency.

Business plans
Growing your business requires  financial backing. If you need bank finance to develop your business, a bank will be expecting an in-depth forecast and detailed business plan. Expert input in this regard is extremely valuable to your application. 

Tax planning
If your business is booming and you have secured a sustainable market share, your customers are happy and your bottom line is smiling, the next phase of efficient tax planning is critical. Lourens suggests, “Before the taxman comes knocking on your door, get the experts in to ensure your tax planning is as efficient as possible and, most importantly, to make sure you have made sufficient cash flow provisions.”  

The rewards
At the end of an era, when it’s time to sell your business, outsourced tax professionals will efficiently evaluate your business to ensure you receive the capital you deserve for all your hard work, sweat and tears.

Is your finance department ready to manage unpredictable change? 

Financial transformation has a new buzzword – OCF – the outperforming CFO Framework that enables finance organisations striving to focus more effort into driving business outcomes. 

WNS, a leading global business process management company, will be introducing this cutting-edge framework, designed to manage and handle unpredictable changes, at two events aimed at CFOs and finance leaders in Cape Town on the 21st of August 2018, followed up by an event in Johannesburg on the 23rd of August 2018. 

Targeting outperforming CFOs 

These two exclusive events will provide valuable insights to CFOs and finance leaders into how they can improve shareholder value by revealing market insights and a competitor landscape assessment that will demonstrate the “Art of Possibilities” in enhancing working capital management.  

The event will also focus on how to build an agile business model by analysing future readiness of the industry, taking into account multiple business disruptors and readiness levers. Last, but not least, it will explore how to build a best-in-class finance organisation through a benchmarking and maturity assessment for defining the transformation roadmap to enhancing business outcomes of the finance organisation.  

Challenging the norm 

WNS offers business value to 300+ global clients by combining operational excellence with deep domain expertise and is ideally positioned to help clients assist and transform their finance and accounting (F&A) function through their proprietary Outperforming CFO Framework (OCF).  Their Proprietary OCF tool defies the traditional model of benchmarking with maturity assessments that encompass the overall end-to-end finance environment. It is executed by experts spanning across domains to analyse, build and implement a robust transformation roadmap to achieve optimal results with minimal effort from an organisation’s day-to-day resources. The OCF tool includes over 250 best practices of F&A processes and has successfully served multinationals by implementing F&A transformations and operations management in partnership with leading market analysts for benchmarking performance.   

Delivering real value 

The two events will include finance domain leaders sharing their experience with OCF and will reveal how they reduced manual processing through automation by 40%, optimised cost with automation, digitisation and process re-engineering by 33% and achieved an incremental free cash flow of $53 million.  For more information about the event and to book your complimentary seat please visit:  www.wnsevents.co.za/ocf 

About WNS

WNS (Holdings) Limited (NYSE: WNS) is a leading global business process management company. WNS offers business value to 300+ global clients by combining operational excellence with deep domain expertise in key industry verticals including Travel, Insurance, Banking and Financial Services, Manufacturing, Retail and Consumer Packaged Goods, Shipping and Logistics, Healthcare and Utilities. WNS delivers an entire spectrum of business process management services such as finance and accounting, customer care, technology solutions, research and analytics and industry specific back office and front office processes. As of March 31, 2017, WNS had 33,968 professionals across 48 delivery centres worldwide including China, Costa Rica, India, Philippines, Poland, Romania, South Africa, Sri Lanka, Turkey, United Kingdom and the United States. For more information, visit www.wns.com. 

About WNS South Africa

WNS Global Services SA (Pty) Ltd has been in operation since 2003 and has built a reputation as the industry-leading Business Process Outsourcing (BPO) Company in South Africa, with a growing footprint into Africa. We are a strategic partner for delivering a full range of basic to complex business processes from our eight delivery centres across South Africa, employing 4 000+ people. www.wns.co.za 

Editorial contacts
WNS SA
Taryn Weldon
Senior Group Manager: Marketing (+27) 21 819 6283
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