Is a CFO Dashboard Right for You?
Three Ways Dashboards Prevent Problems with Manual Reporting
Date: Wed, Nov 06, 2013
Time: 02:00 P.M. ET
Duration: 45 minutes
Inefficiencies and errors caused by manual reporting are putting CFOs under incredible strain. It's no surprise that according to a May 2013 study from the research firm Gartner, CFOs' top technology investments in 2013 and 2014 will be business intelligence and analytics tools.
Why? Many finance teams find it a challenge to summarize, communicate and make decisions based on data culled from a wide range of sources, such as customer databases, transaction processing systems -- and all too often -- individual spreadsheets. The greater the volume and variety of data, the greater the risk of errors that result when companies attempt to aggregate data manually.
Armed with the right data, you can mitigate risks and dramatically improve outcomes for your business, whether your company makes decisions based on financial information or communicates financial information to investors. During this Webcast, Scott Lindeman, Vice President of Finance with Domo, and Devin Parker, Senior Director of Enterprise Solutions with Domo, will reveal how business intelligence addresses three issues inherent in manual financial reporting.
In addition to finding out how to determine if a CFO dashboard is right for you, you will also learn from this Webcast:
- How financial reporting is becoming more complex amid an explosion in the amount and diversity of financial data that companies gather;
- How manual reporting increases risks of costly errors, especially as companies' reporting requirements become more complex;
- Lessons from a veteran finance leader about the impact -- including hidden costs -- of manual financial reporting; and
- How new dashboard technologies automate, simplify and eliminate risks of errors in financial reporting.
About the Presenters
Scott Lindeman, Vice President of Finance, Domo
Scott applies his decades of experience in all aspects of corporate accounting to the task of overseeing Domo's financial goals and operations. He was previously vice president of and corporate controller with Otix Global, director of accounting with global relocation-services provider SIRVA, and director of U.S. accounting operations with Global Crossing LTD. Scott began his career with nine years at KPMG, during which time he quickly rose through the ranks to become a senior audit manager.
Devin Parker, Senior Director of Enterprise Solutions, Domo
Devin Parker has spent nearly two decades in technology operations and business intelligence helping hundreds of organizations see, understand and take effective action on their data. He specializes in business intelligence, analytics and data visualization, helping executives make sense of data to drive better business outcomes. Devin is now leveraging his extensive background as senior director of enterprise solutions with Domo.
Vice President of Finance
Senior Director of Enterprise Solutions