The CFO’s roles and responsibilities are undergoing enormous change as the data-driven digital economy takes hold. Today’s sponsored episode of Cloud Wars Live offers the wisdom and insights of the CFO of a fast-growing global corporation that’s on a $5-billion annualized revenue run rate. On February 1, 2022, Barbara Larson will step into a new role as CFO of Workday, the world’s #8 cloud provider on my Cloud Wars Top 10 rankings. In this episode, she shares her insights on how modern CFOs can use all of a company’s data to gain end-to-end visibility and drive better and faster decisions.
The Big Themes:
- The ability to tailor applications: A top CFO concern is tax management, and must be addressed on an end-to-end basis.
- The right foundation: It’s been a big change from when we relied on it to give us reports and manage the data model.
- Transforming and enriching data: How a single, unified data model can turn operational data into accounting entries posted into the general ledger.
- CEOs are demanding cloud-based ERP: An end-to-end solution breaks down silos, accelerates insights, and drives better and faster decisions.
The Big Quotes:
- “It’s really an exciting time right now to be in finance.”
- “For us adding or changing a legal entity or a business unit, maybe a division or even a currency is quick and easy.”
- “I like to think about it as the two T’s–technology and talent–and talent is definitely on everyone’s mind today.”
You can also stream this episode in an audio-only format:
This episode is brought to you by Workday.
