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How to

Stop Manual
Reporting 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
According to Gartner…
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 for
BI and analytics?
4

© 2014 Proformative
Manual Reporting

Stop the Manual Reporting Madness
1. CFOs need more accurate reports.
2. CFOs want to save more time.
3. CFOs need to see the entire organization.

© 2014 Proformative
3 Problems with Manual Reporting

#1: CFOs Need
More Accurate
Reports

© 2014 Proformative
#2: CFOs Want to
Save More
Time
© 2014 Proformative
#3: CFOs Need to
See the Entire
Organization

8

© 2014 Proformative
Domo.
(Thank you.)

domo.com/cfo
9

© 2014 Proformative

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How to Stop Manual Reporting from Crushing the CFO

  • 1. How to Stop Manual Reporting from Crushing the CFO © 2014 Proformative
  • 2. 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
  • 3. Long Hours Top CFO Initiatives Source: Gartner, Inc. © 2014 Proformative
  • 4. According to Gartner… 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 for BI and analytics? 4 © 2014 Proformative
  • 5. Manual Reporting Stop the Manual Reporting Madness 1. CFOs need more accurate reports. 2. CFOs want to save more time. 3. CFOs need to see the entire organization. © 2014 Proformative
  • 6. 3 Problems with Manual Reporting #1: CFOs Need More Accurate Reports © 2014 Proformative
  • 7. #2: CFOs Want to Save More Time © 2014 Proformative
  • 8. #3: CFOs Need to See the Entire Organization 8 © 2014 Proformative

Notes de l'éditeur

  1. CFOs are workingreally long hours. Lindeman: Have you seen evidence of this? Probably first hand evidence!It’s not healthy, or even productive (burnout)While there are lots of reasons financial execs are busy, we’re here today to talk about one major challenge, and how it can be addressed with the right dashboard technology [advance slide]
  2. CFOs are workingreally long hours. Lindeman: Have you seen evidence of this? Probably first hand evidence!It’s not healthy, or even productive (burnout)While there are lots of reasons financial execs are busy, we’re here today to talk about one major challenge, and how it can be addressed with the right dashboard technology [advance slide]
  3. What do we mean by manual reporting?“The process of manually cobbling together data, often times from a variety of sources, to transform it into actionable information”
  4. To identify how dashboards can alleviate the burden of manual reporting, we need to look at the 3 reasons manual reporting is such a problem[Read 3 reasons]