This is the second in a 5-part series of blog posts that will help you identify if your company needs a Finance Transformation. The time it takes to turn around a Financial Forecast could be the difference between life and death for some Companies. The need for rapid scenario iteration can support executive decision-making regarding…
How many FTEs it takes to keep the Finance Function wheel turning varies.
This is the fourth in a 5-part series of blog posts that will help you identify if your company needs a Finance Transformation. The acceleration of the monthly Financial Close is one of the most common frustrations from Controllers and CFOs. When fewer days are devoted to the Financial Close, key reports can be distributed…
The length of time it takes from the kick-off to the budgeting process to final approval reflects the efficiency of the Budget process and, as we all know, time is money.
Company should strive to have Finance Function expenses grow at a slower rate than revenue
5 Financial Indicators That Your Company May Need a Finance Transformation
The identification of KPI’s begins with defining the organization’s strategy. One of the most effective frameworks used in strategic planning is called Objective and Key Results (OKR).
On July 27th, I sat down (virtually in a webinar) with Fred Studer, the Chief Marketing Office (CMO) of FinancialForce to answer a series of questions on the service economy and its impact on finance. Fred is not your typical CMO. After initially starting his career in accounting, he saw the potential of marketing and eventually accepted…
Corporate Social Responsibility is not just a buzz word it is good business. By becoming socially responsible, companies can drive value, increase profitability and improve the bottom line. For those tied to the capital markets, it can also increase a company’s stock price by attracting new and different types of investors. Per a recent…