As a growing business or startup, managing your finances effectively can quickly become overwhelming. In the early stages, basic bookkeeping and accounting may be sufficient. However, as your business expands, financial decisions become more complex and the stakes become significantly higher. You may have already identified the need for financial leadership after learning about the […]
Picture this. You wake up suddenly from a deep sleep, your mind buzzing with clarity. The idea you have been trying to figure out finally clicks. It now makes perfect sense. Even better, you already have capital ready to bring it to life. You waste no time. You get to work immediately, and that is
Why most CEOs are looking at the wrong numbers — and paying for it Let’s start with an uncomfortable truth: Most CEOs are not lacking effort, intelligence, or ambition. They are lacking clarity. Across industries and continents — from fast-scaling startups in Africa to established corporations in Europe and North America, leaders celebrate growth, announce
Picture this: your finance team spends three days every month manually matching bank statements to your general ledger. Now imagine that same process taking three minutes. That’s not a future scenario; it’s what automation is already doing for businesses today.
That’s exactly what tools like the ICL Reconciliator are built for. Developed by Iwelabi Consulting Limited, it’s an AI-powered reconciliation engine that automatically matches transactions across bank statements, general ledger entries, and transaction logs, flagging discrepancies instantly, without anyone having to do it row by row.
This is what accounting automation looks like in practice. And it’s just the beginning.
Imagine waking up expecting a routine workday, only to be handed the highest leadership position in your company. For most people, this would sound like a scene from a movie, but for Abdulrazaq Abeeb, an accounting intern, it became his reality.
Introduction:The evolution of technology has brought about ease of operation to all sectors. Such that goods and services are now produced with speed of operation. For example, how long it takes to communicate using letters compared to the wireless calls that we have today, business transactions can go on easily from miles, thanks to technology.
We are witnessing a major shift in how we interact with money and the internet. Web3 and digital finance are revolutionizing industries, offering decentralized solutions that enhance transparency, security, and efficiency.
In a moment of well-deserved recognition, Qudus Adebowale Balogun, the Principal Consultant at Iwelabi Consulting, has been honored with the prestigious title of Finance Mentor of the Year at the 2024 Account Tech Summit, hosted by Lefort Foundation in Lagos, Nigeria. This accolade highlights Qudus’s unwavering commitment to mentoring the next generation of finance professionals
The #Accountancy profession is a broad one with many untapped opportunities, particularly in this part of the world. I recognise myself as an upcoming star in the profession as I fully step into my 7th year of becoming a young CFO who creates and sells values with global impact. Here are some of the past
Welcome to another episode of #AccountingStandards with Iwelabi. In today’s episode, we’ll look at a simple technique for demonstrating your technical knowledge of the applicability of some International Accounting Standards (IAS) when you appear to have been caught off guard in an interview with a highly experienced Interviewer. Assume you’re in an interview, and you’ve
