How Does a CFO Ensure That a Forecast Model Meets the Test?
As a partner at FLG Partners, I frequently begin new engagements as an interim CFO. When I begin a working relationship with a CEO, I typically put together a brief summary of my top priorities and an action plan for the first 60 days. This both helps me to organize…Read MoreRead More
Outsourcing Finance and Accounting Functions: When, Why, and How?
By Chris Cook
Outsourcing business processes continues to be a popular strategy for many companies with an eye toward value optimization through cost reduction, increased efficiency, and capability-finetuning. The advent of cloud-based software and SaaS, BPaaS (business process as a service), and PaaS (platform as a service) technology solutions over the past decade…Read MoreRead More
Changing Business Models: The CFO’s Role When Pivoting for Success
As a CEO, when a board member or investor questions the feasibility of your company’s business model, you might be tempted to counter with the pat response “if it ain’t broke, don’t fix it”. But what if your business model IS broken? What should you do then? I work frequently…Read MoreRead More
Five Common CFO Challenges and How to Handle Them
Over the course of my career as a CFO, I’ve had the privilege of working with many different CEOs and management teams. I’ve seen several common themes emerge, lessons learned if you will, which have tended to repeat themselves in my experience. (Credit to Sequoia Capital for # 2 and…Read MoreRead More