How to Stop Manual Reporting from Crushing the CFO
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© 2014 Proformative How to Stop Manual Reporting from Crushing the CFO
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You know your organization's financial pulse... but reporting on it quickly and effectively is pretty much next to impossible. Why? Spreadsheets and manual reporting just don't cut it. Not only are the reports cumbersome to produce, they're often difficult for your executives to consume and they're outdated almost as soon as they're created. If your tired of all the wasted time and effort your team is spending on manual financial reporting, take the first step toward stopping the madness. Join us to hear real-life examples from CFO's who are getting real value out of the data they already have, while dramatically reducing the time and effort they're spending to produce and share the numbers with the organization. Speakers: Chris Wintermeyer, Chief Advocate, Domo Richard Garland, CFO, Jardine Foods Presentation delivered at ProformaTECH 2014 - http://www.proformatech.com Track: Finance Technology Landscape | Session: 4
Transcript of How to Stop Manual Reporting from Crushing the CFO
© 2014 Proformative
How to
Stop ManualReporting from
Crushing the CFO
© 2014 Proformative
Long Hours
Our Special Guest Star
Richard Garland joined Jardine Foods in April 2010 as Vice President - Chief Financial Officer. He is responsible for corporate finance strategy and implementation, internal/external reporting, board relations, accounting, cash management and treasury functions, purchasing, production planning, human resources, IT, and contract negotiations.
Prior to joining Jardine Foods, Richard served as a Senior Financial Analyst and later a Principal for US Growth Funds, a Private Equity firm focused on investing in consumer packaged goods companies in the lower-middle market. There he was responsible for identifying and analyzing potential investment opportunities, monitoring the financial performance of portfolio companies, and assisting portfolio company executives with major strategic projects.
Richard received his Bachelor of Science in Business Administration and Accounting from Washington and Lee University. He is an avid sports fan, a native Texan, and still resides in Fort Worth, TX with his wife Avery and their son.
© 2014 Proformative
Long Hours
Top CFO Initiatives
Source: Gartner, Inc.
© 2014 Proformative
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78% of CFOs have labeled BI and analytics as their top tech initiative for their departments—beating out even financial management applications.
So what’s driving the CFO demand forBI and analytics?
According to Gartner…
© 2014 Proformative
Manual Reporting
1. CFOs need more accurate reports.
2. CFOs want to save more time.
3. CFOs need to see the entire organization.
Stop the Manual Reporting Madness
© 2014 Proformative
3 Problems with Manual Reporting
#1: CFOs Need More Accurate Reports
© 2014 Proformative
#2: CFOs Want to Save More Time
© 2014 Proformative
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#3: CFOs Need to See the Entire Organization
© 2014 Proformative
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Domo.
(Thank you.)
domo.com/cfo
