our accounts , warehouse management inventory management and other key procurement functions ,” explains Kumar , adding that parts of the business are still used to the familiar Excel for budgeting , preparing financial statements and creating balance sheets . During the migration period , it is easy to import and export cash management information and financial data to and from Tally .
It is very exciting , though challenging , to be part of a continually expanding group that dominates the East African market in a number of key verticals , says Kumar . “ Our Chairman , Subhash Patel , has a simple mantra : there are three ‘ Ms ’ at the core of any successful business , Money , Mindset and Manpower . Our people find this a great way to focus our minds on our work . Clearly no business can survive without having a firm hand on its finances ; then it has to have a clear vision and finally a committed and competent workforce .” Patel is a person of vision , retaining his humility and empathy , despite being a figure of huge influence in Tanzania and the wider African business world , Kumar acknowledges . Under his leadership the group is constantly diversifying and adding new products to the existing divisions . Kumar and his team are fully equipped to accept the challenge of keeping these supplied with the materials they need .
229 africa . businesschief . com