Subscribe to Updates
Subscribe to our newsletter and never miss our latest news
Subscribe my Newsletter for New Posts & tips Let's stay updated!
Author: admin
Traditionally defined financial data is a tracker of results, but it is a poor guide to how your business can deliver and achieve results. Everything that comes up in an organization ultimately falls into revenue, with far more money than just dollars, according to Siqi Chen, co-founder and CEO of Runway Financial. It's a wider area than many financial teams care about exploring.For current and future CFOs, This expanded view must be reflected in the model and prediction. Data flow ency (interregulation of messy data between departments) and sensual insights (understanding how different departmental models affect revenue) are essential capabilities…
In an ideal world, every merger or acquisition ideally, strategically aligned, driving hundreds of millions of dollars (or more) of sales over the years, transforming the market or product category into the benefits of the merged entity. CFOs can dream. In reality, creating value from M&A trading is a challenging effort in the best of times. It becomes even more difficult in a very unpredictable business environment. Alex Shahidi, senior managing director and transaction services leader at Rivern, a Dallas-based business advisory firm, offered to get a glimpse into what the acquirer needs to redo a successful transaction and manage…
“My biggest joy is having software and systems that can quickly utilize great datasets,” Redgate Software CFO Steve Mitchell said last year in a financial and accounting technology briefing. Mitchell not only spoke about the internal financial system, but also spoke on behalf of his clients. As a database management tool provider, UK-based Redgate is at the heart of faster, easier, broader, yes, cheaper access to operational and financial data faster, broader, and unprecedented demand. We asked Mitchell how global economic uncertainty, the rapid pace of AI investments, and international compliance requirements force high-tech organizations and their CFOs to pivot…
Monday, March 15th, 2027 – 7:23amCloudCore Systems CEO ($12 billion enterprise software giant) checked quarterly figures when the phone rang. Her client's success officer was calling for Meridian Financial, a client that represents a recurring revenue of $45 million a year.”They are moving away from our platform,” he said. “A complete replacement. Timeline? 6 weeks.”Six weeks. With the implementation of meridian size, that would have been impossible. Cloudcore's HR and Finance Platform have been integrated into every corner of Meridian's business, Payroll, performance management and financial reporting. Switching costs alone should make transitions exorbitant. 78,000 employees were trained on the…
As countries attempted to move towards more renewable energy sources, supply and management of critical minerals became politically and economically important. One new company operating in this high-stakes environment is Toronto-based Aclara Resources, a mining company that explores and develops rare earth mineral resources in Chile, Brazil and Peru. Francois Motte Sauter has been Aclara's CFO since its spinoff from Precious Metals Company Hochschild Group in 2021. Operating at the intersection of clean technology, mining and critical minerals, Sauter says he focused on two things in his 15 years at Hochschild, “and Cost Control and Timely run,” but the formative…
If you are now CEO, your position does not depend on the vision you outlined, and more on the outcomes you have produced over the past 90 days. In 2024, more than 200 CEOs were replaced, and CEO turnover rates increased by 13% from 2023, well above the six-year average. The board moves faster, driven by market volatility, activist pressure and growing belief that changing leadership is the fastest way to unlock value. At the same time, the window to provide strategies is narrower. Expectations regarding increased margins, capital efficiency and operational control have been strengthened, and long-term conversion patience…
Following the separation of weather companies from IBM last year, weather forecasting and information providers have built financial capabilities from scratch. Michael Love, former CFO of Intuit Mailchimp, who took over finance last October, said the idea was to design something more flexible and better to suit the pace and needs of your business. “We focus on simplifying core processes such as accounting and reporting, not just for efficiency, but also to help businesses move faster and make smarter decisions,” Love says. “The goal was to create a system that supported innovation. In an interview, Harvard MBA explains that the…
For the past two years, financial technology vendors have pledged to autonomous driving ledgers and autonomous closures. This left many CFOs to assume that vendors will weld extremely AI innovations into the ERP suite. However, the most practical incarnations of financial AI have emerged when daily decisions are already being made. This is the tool that teams use to collaborate. That means slack. Or team. In short, “place” is where we all work. Technology maturity is rapidly reducing standard objections that chats are not financially safe. Think about it: Slack's Workflow Builder and Microsoft's Graphics API have secure hooks for…
Today's CFOs are strategic partners sitting at the decision table. They drive digital transformation and architect acquisition strategies, and often have deeper insights into their growth trajectories than other C-suite executives. After observing hundreds of financial leaders navigated this evolution, I saw certain recognizable archetypes crystallize. Understanding these archetypes is more than just a discipline. Whether you're a board member looking for the right CFO, a financial leader assessing your career trajectory, or a CEO determining the type of financial partnership your organization needs, these distinctions are important. Today's nine CFO archetypes restructure today's financial leadership. Number whispers (analysis CFO)…
With supply chains being destroyed and inflation continuing, many CFOs continue to hold the most pressing challenges of today, managing rising input costs while meeting customer price sensitivity. Many companies are caught up in these opposing forces and can't raise prices without risking customer churn, says Neil Markani, Managing Director of Main Points, managing director of private equity and industrial. The key to navigating this complex environment is to increase operational productivity across the board. Due to supply chain disruptions affecting all industries, implementing results-based pricing models tailored to customer demand and inventory levels can help improve margins and maintain…