A CFO’s Journey to Successfully Scaling a Growth Company with Cloud Technology
-
Upload
proformative-inc -
Category
Economy & Finance
-
view
241 -
download
0
Transcript of A CFO’s Journey to Successfully Scaling a Growth Company with Cloud Technology
Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals
A CFO’s Journey Successfully Scaling a
Growth Company with Cloud Technology
• Define what it takes to deliver business transformation from
the Office of the CFO
• Identify opportunities to leverage technology to increase
the strategic impact of Finance at your company
• Determine your company’s business system needs to meet
key strategic objectives and where gaps exist in your
current levels of systems functionality
After attending this event you will be able to:
Learning Objectives
Proformative Event Notes
• Presentation and recording links sent out within
24 hours. PPT already posted at the event’s
landing page.
• Want CPE? Answer all polling questions and
remain for the duration. Questions on CPE
credits? Email [email protected].
• Please ask questions for the Q&A at the end of
the event.
• Please take the short survey at the end of
today’s webinar.
Introducing Proformative Academy:
• LMS with on-demand video courses taught by senior practitioners
• Over 180 finance and accounting courses - adding a course every day!
• CPE for CPA, CMA, CTP, FP&A, CRMA and CIA
Welcome to Proformative
“Proformative is the leading professional development resource for every member of the Office of the CFO”
Check it out at www.proformative.com/courses
Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals
A CFO’s Journey Successfully Scaling a
Growth CompanyAnand Misra, Sr. Manager, Product Marketing, NetSuite
Agenda
• Introductions
• Trends and Issues
• Keys to Successfully Outgrowing Entry Level
Systems and Manual Processes
• Successfully Scaling a Growth Company –
BlackLine’s Story
• Q&A
NetSuite: World’s #1 Cloud ERP
Background
• Publicly traded on NYSE: “N”
• 3,400+ employees
• $556.3M revenue in FY14, 34% Inc
• $157.9M revenue in Q4 FY14, 37% Inc
Performance
• Used by 24,000+ organizations
• Fastest growing top 10 FMS WW
• Used across 150+ countries
#1 Cloud ERP Suite
• VISION: NetSuite
transforms how
businesses operate
so they can achieve their
business vision.
• MISSION: NetSuite
provides companies
around the globe, cloud-
based, unified systems
that deliver unprecedented
capabilities to drive their
business.
Cloud Momentum Accelerates
1Technology affecting IT
# 50+Companies plan to increase in cloud
spend over next 12 months
%
Faster growth than worldwide
IT market
4X
Worldwide and Regional Public IT Cloud Services 2011-2015 Forecast, IDC, June 2011
Reimagining IT: The Gartner 2011 CIO Survey, Gartner, January 2011
The ROI Of Cloud Apps, Forrester, June 2011
Cloud Adoption Trends
Survey highlights - the most widely deployed solution areas currently are Accounting/Financial Management and front-end applications such as CRM and Web Portal Development Tools.
Cloud Accounting Institute - 2013 National survey of financial and accounting professionals
Key Technology Investments to Improve
Productivity
Integratingdisconnected
businesssystems
Addingbusiness
intelligencesoftware
Replacingsiloed business
systems(finance, CRM,
etc) with asingle business
suite /database
Consolidatingglobal financial
systems
Adding datawarehouse
Movingcurrentfinancial
systems tocloud
computing
Movingsubsidiariesand non-HQ
divisions in thecloud
Other0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
Why Can’t We Still Do This….?
Over time:
more money, more resources, more integrations
2
1
3
4
5
Reduce spreadsheet based accounting
Get a clear picture of bookings, billings, backlogs
Scale up to support the growth in sales orders
Provide same visibility to all
Reconcile versions of data
6 Integrate front and back office
processes
Thank you for your interest in this presentation.
View the on-demand webinar or download the full
presentation at:
www.Proformative.com
EVENT TITLE