Category: Finance Technology & Tools
Practical tips, frameworks, and tools that make Finance work smarter.
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Would you like to take a fascinating journey through the minds of control-obsessed technical accountants building foundational processes? Let’s walk through a discussion we had with our Development team. We did our best not to bury them in minutiae, but what began as a straightforward conversation about payment posting took a few turns through the…
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Am I a Luddite for not integrating our payroll and financial systems? We’re working on a NetSuite go-live for January. An opportunity to eliminate an Excel interim upload to the financial system will save five minutes every two weeks and make it less prone to manual error. Great. Until something changes in either system. Then…
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I read a16z’s “You Need a New CFO.” It was actually pretty good. The article describes how the CFO’s job has changed: from keeping the books, to raising capital, to planning and partnering with the business. Now, the authors say, AI is changing the role again. It can assemble data more easily, do more of…
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Years ago, William Safire wrote a weekly article in the Sunday New York Times Magazine called “On Language.” I loved it. He explored the origins of words and phrases. How they entered the language; how their meanings changed; how people used them correctly, incorrectly and sometimes differently enough that the incorrect use eventually became correct. The column…
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I have spent much of my career believing that some rules are simply rules. You don’t knowingly put an untested financial process into production. You don’t experiment with live customer transactions. You build it, test it, reconcile it, test the exceptions, obtain user acceptance and then when you have reasonable confidence that it works you…
