Why Finance Leaders are Ditching Traditional ERP for Post-Modern Systems
Table of Contents A History of ERP The term Enterprise Resource Planning (ERP) was developed by Gartner in 1990, defined as “the ability to deliver
The latest from the blog
Why Strategic Growth is All About Cash for Group CFOs
Strategic growth is the ultimate goal for any company aiming to scale and expand its operations. A lot of recent studies like this one from Gartner concur on growth being a top priority for CEOs and CFOs alike, regardless of the volatility of the market.
For CFOs key to this growth is effective cash management. Without a clear handle on cash flow, even the most promising growth strategies can falter.
In this article, we will delve into the struggles and solutions CFOs face during rapid growth, drawing insights from the success story of UK-based White Rabbit Projects, a hospitality group that has mastered cash flow management with the help of tools for automation and cash visibility.
Preparing for ERP: Setting the Foundation for Success
Embarking on an Enterprise Resource Planning (ERP) journey is a significant milestone for any organisation. A successful ERP implementation can streamline operations, enhance productivity and provide real-time insights into your business. However, achieving these benefits requires meticulous preparation and a strategic approach. At MacroFin Consultants, we emphasise the importance of a solid foundation, which encompasses four core pillars: Preparation & Readiness, Vendor Selection, Implementation and Ongoing Support.
The GrowCFO Show
#201 What Does a Best in Class Finance Team Look Like? with Sharon Barber-Lui, CFO, Teva Pharmaceuticals
#201 What Does a Best in Class Finance Team Look Like? with Sharon Barber-Lui, CFO, Teva Pharmaceuticals In this episode,...
Guides
Contribute More Towards Strategy: The Essential Guide for Finance Leaders
Contributing towards strategy is one of the most important roles of a finance leader. This involves looking at the long-term goals of an organization and understanding how those goals can be achieved through financial planning, budgeting, forecasting, and other analytical methods. As a finance leader, you have the power to shape the direction of your organization by providing valuable insights that help inform strategic decisions across both financial and non-financial aspects. In this guide, you will learn how to deliver this responsibility effectively to differentiate yourself as an impactful value-enhancing CFO, rather than a back office finance leader.
Make More Impact in Board Meetings: The Essential Guide for Finance Leaders
A finance leader has two key objectives during a board meeting: to deliver a compelling CFO board report and to make an impactful contribution to the wider business conversation. But with so many voices in the room, it can be difficult to stand out from the crowd, especially when you don’t have much experience as a leader. Board meetings provide the ultimate opportunity for finance leaders to make their mark, and it’s important that these meetings are leveraged for maximum impact. In this essential guide, you will learn the secrets that successful finance leaders use to maximize their presence at board meetings, how to prepare efficiently, and how to communicate effectively with other board members.
Research
Finance Function Effectiveness Survey Report
The Finance Function Effectiveness Survey Report covers key areas including talent development, finance team optimization, process efficiency and agility, technological and automation advancements, and strategic transformation.
2024 Finance Leader Salary Guide
We are excited about the launch of the 2024 Startup Finance Leader Salary Guide, featuring insights from over 2000 finance professionals. The guide provides detailed analyses on salaries, bonuses, equity, satisfaction scores, and more, offering a valuable benchmarking report focused on CFO & Senior Finance Leader positions within Tech Startups at the Seed – Series C+ stage across the UK.
Predictions
The Impact of Tough Market Conditions on Businesses and Their Finance Teams
The current market conditions are putting a lot of pressure on businesses. Inflation is causing prices to rise, interest rates are increasing, the economy is in a downturn, and salaries are growing. This is making it difficult for businesses to maintain profitability, and finance teams are having to work harder than ever to keep things afloat.
Why Finance Leaders Need to Spend More Time on Non-Finance Activities
The role of the CFO is rapidly evolving and now requires huge focus on value creation and other impactful activities. Finance leaders are increasingly spending more time on non-finance tasks, and are contributing more towards strategy, acting as a catalyst for change and delivering the business plan.
The Right Team: Why Finance Leaders Must Focus on People
It is no secret that the finance sector is under a lot of pressure. With the global economy in a challenging state, it is more important than ever for leaders in this field to have a strong team in place. However, many finance leaders struggle to find and keep the right people on their team. This can be due to many factors, including lack of motivation, high stress levels and long working hours.
Industry Insights
10 Essential LinkedIn Posts for Finance Leaders
Here are 10 essential LInkedIn posts for finance leaders, which will save you lots of time and help in your role as an existing or aspiring CFO.
Explore Our Finance Team Training Courses
Operational Excellence
Benefit from streamlined best-in-class automated processes leveraging integrated cutting-edge technology, overseen by a team of highly-skilled experienced experts.
Ideal for: Empowering and enabling each team member to develop the mindset, skills, and proactivity to optimize their activities.
EXPLORE OPERATIONAL EXCELLENCE
Leadership Progression
Imagine a fully engaged and motivated team with a high-performance culture, low staff turnover, and focus on growing the next generation of leaders from within.
Ideal for: Teams that need help with developing fantastic people leaders, nurturing top talent, and retaining staff.
EXPLORE LEADERSHIP PROGRESSION
Skills Development
Develop a finance team famous for delivering real-time AI-driven data insights, ongoing strategic decision-support, and shareholder value enhancement.
Ideal for: Upskilling teams to become highly valued business partners and strategic contributors across the organization.
EXPLORE SKILLS DEVELOPMENT
