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Last Updated: Dec 18, 2020 - 11:06:58 AM |
Prince Rahming - PwC Bahamas
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Nassau, Bahamas - In keeping with its strategy to remain the
digital transformation leader in the country and just in time for the
Christmas season, PwC facilitated the opening of digital wallet accounts
for each of its employees, becoming the first organisation in The
Bahamas to do so.
Prince Rahming, Territory Leader of PwC Bahamas
said , “This year we wanted to give our people something more
meaningful. During this time of year we normally host our annual
Christmas party. Due to the Covid-19 protocols, we decided to repurpose
those funds to open digital accounts for all of our employees and give
them the gift of digital wallets to show our appreciation for all of
their efforts and hard work throughout the year.”
Carlton Cartwright Jr
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He noted that
it was particularly important for PwC to ensure that its people were at
the forefront as participants of the digital economy of The Bahamas.
“The Sand Dollar digital currency is the first of its kind in the world
to have been fully deployed by a central bank. As a firm, we wanted to
take the lead to ensure our people were fully engaged and active
participants in the digital revolution” Rahming said.
With the
national launch of the digital currency, the firm sees it as an
opportunity to support the work that the central bank has done to
implement a digital payment system in the country, which has enabled a
number of innovative tech companies to introduce their own financial
payment systems.
Kevin Cambridge
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Myra Lundy-Mortimer, PwC Bahamas Risk Assurance
Partner, added that PwC globally has invested significantly in new
technologies and the digital upskilling of all staff and encourages them
to embrace this new form of digital technology as we would with our
clients especially during this pandemic.”
Well before the
coronavirus pandemic, the firm rolled out new digital technologies to
enhance their service offerings to clients. Since the pandemic, PwC has
been able to utilise more digitally-enabled services to help clients
address concerns and navigate the challenges associated with the new
reality.
Kevin Cambridge, PwC Bahamas Advisory Partner ,
indicated that PwC has been engaged in numerous projects locally as well
as across the region within both the Government and the private sector
and agrees that this initiative underscores the Firm's efforts and
commitment to promote digital transformation.
Myra Lundy-Mortimer
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Carlton Cartwright
Jr., Digital Assurance Leader for PwC Bahamas said , “In the aftermath
of Covid-19, embracing digital tools and technologies is no longer a
luxury but rather a necessity. PwC has implemented various digital
initiatives internally, with our clients and within the broader Bahamian
community.”
He noted that in addition to using digital tools to
manage and deliver more efficient audits, PwC Bahamas is also providing
digital and data analytics support to their clients including an ongoing
project with the government. “We took a manual consolidation process of
Covid-19 results and through the use of a digital tool used by the
Firm, substantially reduced the time to generate valuable insights from
the data.”
Cartwright further acknowledged that the firm is also
investing in the future of digital entrepreneurs through its corporate
social responsibility initiatives. “We have implemented multiple
curricula based around teaching high school students entrepreneurial and
technological skills, including blockchain fundamentals.”
“Digital
technology continues to enable us as a Firm to provide a more efficient
means to help our clients solve their most important problems and our
people are at the very heart of this transformation” said Rahming.
© Copyright 2020 by thebahamasweekly.com
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