A CFO’s Journey to Successfully Scaling a Growth Company with Cloud Technology

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Ask, Share, Learn Within the Largest Community of Corporate Finance Professionals A CFO’s Journey Successfully Scaling a Growth Company with Cloud Technology

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.

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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

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