Surviving Today’s Technology Complexity, One CAO’s True Story
Requirements in the back office have grown exponentially while reporting deadlines remain fixed. New accounting standards, ASC606 and ASC 842, and new business models, such as the subscription economy and IoT, are driving this change. Technology is the answer, but the game has changed significantly. The “Cloud” was to provide new benefits but brings new challenges. Instead of delivering insight to leadership, finance teams are forced to direct time to overcome these technology challenges. Old models for automating no longer apply, and finance leaders must embrace new approaches to avoid significant risks to the business.
Tom Zauli, SVP & General Manager, Softrax will facilitate an insightful discussion with special guest speaker, Michael Smith, Chief Accounting Officer, Tyler Technologies at our 9th annual CFO Leadership Conference. (Pillar #5 – Technology, Disruption & Change ~ Tuesday, May 14th @ 10:40am). Michael will share his journey to develop a strategy and plan to overcome his existing reporting challenges while operationalizing ASC 606. He will share the steps he took, the people and skills involved, and his interactions with his CFO and executive team. Practical learned lessons will be shared.
About The CFO Leadership Conference “Seven Pillars Of The Modern CFO”
The CFO Leadership Council’s 9th annual national conference “Seven Pillars Of The Modern CFO” is being held May 13-14, 2019 in Boston’s Seaport District. Dedicated to empowering CFOs, it will offer relevant and tangible tools for CFOs and senior financial executives to hone your leadership skills. Sessions include inspiring keynotes, and expert-led interactive workshops crafted to dig deep into key leadership areas within the Seven Pillars of the Modern CFO – (Pillars – Strategy & Innovation, Performance Measurement, Economics & Globalization, Data-Drive Decision Making, Technology, Disruption & Change, Executive Presence & Communication, and Leadership). Network and learn alongside 400+ of your peers across North America. NASBA Certified CPE Offered. Reserve your seat today. www.cfolcconference.com.
Softrax is a leading provider of revenue recognition software, helping enterprise level companies comply with the new standards, ASC 606 and IFRS 15. With Softrax solutions, companies can regain control and implement the new revenue recognition standard with confidence. Softrax solutions seamlessly augment ERP and financial systems to support existing and coming revenue guidance, reduce operating expenses, and gain unprecedented visibility into business performance. To learn more, visit www.softrax.com
About The CFO Leadership Council
The CFO Leadership Council offers both live & online programs that feature expert panels and interactive sessions that drive meaningful conversation and leadership development among our membership. Our collection of leadership development resources similar to this article contain pragmatic insights and advice sourced directly from our members and industry experts. Recordings of CFOLC webcasts are made available to our current CFOLC Premium & Virtual members. To learn about our three-tiered membership options and CFO Week in May 2019, visit www.cfolc.com.
Want to Continue the Conversation?
We’d love to hear from you. Post a comment about your experiences or provide feedback below to continue the discussion about how creative leadership in the current climate. Or contact Kristin Todd, Vice President of Marketing, [email protected].