It’s been a busy season here at Intacct and we’re already looking forward to kicking off the next quarter strong! In case you missed it, here is a look back at this month’s top posts.
Collaboration: The New Corporate Imperative
Today’s tech-savvy CFO sees collaboration as an essential element to their company’s success. Communicating faster and smarter to strengthen teamwork, expediting processes, and improving decision making have driven CFOs to take the lead on establishing best practices to support collaboration. Their advocacy for and curation of collaboration throughout the organization has become a cultural initiative of the same stature as product innovation and outstanding customer service.
Stephen Wolford, partner in charge of Frank, Rimerman Consulting, addresses how being a tech-savvy CFO is a necessity, and why today’s CFO knows that technology-enabled collaboration is the cornerstone of success.
When Traditionalism Should Be Dead
A recent survey of 1,500 financial experts determined that CFOs fall into six distinct categories: politicians (27%), revolutionaries (19%), carers (19%), conductors (16%), traditionalists (9%), and visionaries (9%).
It also found that CFOs who had innately traditional personalities were in charge of companies with the least amount of profit growth when compared to the other five CFO personalities (56 percent compared with the survey average of 64 percent).
This blog focuses on three of these six CFO personalities: the traditionalist, the revolutionary, and the visionary. Find out which category you fall into…
The Postmodern ERP Debate
There have been many ongoing and wide-reaching discussions on the rise of postmodern ERP in recent years. I think both parties, those pro-suite and others who prefer a best-in-class approach, agree that postmodern ERP technology is the way of the future. However, suite vendors argue that it’s critical for companies to have a full view into its business operations and that this is only true if all data is stored in a single reporting tool or dashboard. Fundamentally though, this is not true.
A best-in-class cloud ERP solution easily allows organizations a full 360 view into their most critical information. With today’s low-cost integration and reporting tools readily available and easily implemented, compiling an in-depth view of even the most complex organization poses little challenge.
So what’s the difference? Check out this post on why a best-in-class philosophy allows for easy integrations, freedom of choice, and increased financial efficiency.
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