New CEO Requirements Demand a Tech-Savvy CFO

By Stacy Schuettler, President LBMC Technology Solutions

I recently had the honor of speaking at AICPA/’s Executive Roundtable, an invitation-only forum for the accounting industry’s top thought leaders to collaborate with cloud-application innovators and business leaders.

Over the course of our presentations and conversations, a trend became clear.

Scaling Finance from $0 to $100m in ARR

In recent years, startups and growth companies have enjoyed rapidly increasing access to a wider range of educational resources. That’s why we are excited to be a Gold Sponsor of the upcoming SaaStr Annual 2016, which is devoted to sharing some of the best practices in scaling startups, teaching you to avoid the pitfalls, and showing you strategies to go From Impossible To Inevitable. Check it out if you haven’t heard of it!

Empowering Tech-Savvy CFOs

While some CFOs count themselves amongst the more tech-savvy people in an organization, many tend to be quite risk averse by nature – and therefore – late technology adopters. However, today’s business landscape is changing—how customers evaluate products, the volume of real-time data available to chart the course of your business, and the mobile access employees have to critical systems.

Tech-Savvy CFO: Agility, Scalability, and Future-proofing

Tech-savvy CFOs make decisions today that set their company up for whatever the future brings.

People talk a lot these days about the speed in which the business landscape changes, and how companies need to be nimble or agile – able to quickly adjust tactics to take advantage of changes in the marketplace, and to stay ahead of the competition. From the CFO’s perspective, what underpins the ability to change, to grow, and to be prepared for an increasingly uncertain future? Generally, the answer lies somewhere in people, processes, and technology. For this post, I’d like to focus on the technology and how it can drive agility, scalability, and future-proofing.

Intacct's January Roundup

2016 is off to a busy start for Intacct! This year’s Customer Meetups have officially begun, we successfully hosted our first Twitter chat, and our tech-savvy CFO blog series has begun. In case you missed it, here is a look back at this month’s top posts.

Thanks for Joining Intacct's Twitter Chat!

Thank you to everyone who tuned in and participated in Intacct’s Twitter Chat. We love connecting with our Intacct customers and partners every chance we get so this was a particularly exciting social event for us.

This week we discussed everything you wanted to know about KPIs from: why you should track them, what you should track, and how to do it well.

Join Intacct's Twitter Chat!

Join me on January 26 at 9am PT on Twitter for our #IntacctChat where we’ll dive into tracking your KPIs (Key Performance Indicators). We’ll cover everything you wanted to know about KPIs from: why you should track, what you should track, and how you should track. Did you know that KPIs are a clear indicator of competitive analysis? Did you also know that some (gasp!) are still using spreadsheets for this?

Tech Savvy CFO – Automation Part 2

In part 1 of this post series, we considered the first two steps in the tech-savvy CFO becoming a catalyst for automation. First, adopt the right mindset. In other words, focus on equipping every individual to make the highest and best use of their time. Second, ask the proper questions. Uncover key data on process redundancy, employee inefficiency, and revenue leakage, which will be critical to correcting root problems.

That’s a great start, but there’s still work to be done.

The 2016 Intacct Meetups Have Begun!

Intacct has arrived in Dallas, Texas to kick off our first Intacct Meetup of 2016!

Our yearly customer and partner conference, Intacct Advantage, is a fantastic opportunity to network, meet other customers, as well as attend product overview and hands-on training sessions. However, that event only comes around once a year. Our Intacct Meetups offer additional opportunities throughout the year, and all over the country, for customers and prospects to get the latest information on Intacct and network with their peers.

Tech-Savvy CFO: Automation

In Chapter 6 of the classic children’s novel, Alice in Wonderland, Alice is meandering down a road and encounters the Cheshire cat in a tree.

"Would you tell me, please, which way I ought to go from here?" [asks Alice.]

"That depends a good deal on where you want to get to," said the Cat.

"I don't much care where—" said Alice.

"Then it doesn't matter which way you go," said the Cat.

"—so long as I get SOMEWHERE," Alice added as an explanation.

"Oh, you're sure to do that," said the Cat, "if you only walk long enough."

That’s a fine approach if you’ve fallen down a rabbit hole, but not very strategic if you’re a CFO looking to provide strategic leadership to your company.