CFO Podcasts

Tom Conine, the Fairfield University finance professor discusses the financial havoc that being in a slow-growth environment can cause, compromising everything from cash generation to credit lines, price-to-earnings ratio, shareholder return, and working capital. Conine, also president of financial-training firm TRI Corp., suggested that economic growth, which hasn’t been gangbusters for years, could slow down even more.

Although climate scientists are now able to identify climate change as a contributing factor in extreme weather events, and predict that hurricanes will continue to get more intense, property insurance underwriters don’t take climate change into account when setting catastrophe insurance premiums. In fact, insurers don’t like to talk about climate change much at all. CFO.com Deputy Editor David M. Katz interviews Deputy Editor David McCann about the insurance industry’s seeming foot-dragging on the climate issue. Why does underwriting assume, even thought the climate is changing, that past weather data predicts future weather patterns? Why are reinsurers a bit more forthcoming on the issue? And why does the typical 12-month term of property insurance policies present a problem?

Although a brave new world of corporate sharing of cyber threat information is arising, there are still concerns about government involvement. CFO.com Editor in Chief Vincent Ryan interviews Deputy Editor David M. Katz about the challenges that companies face in using the Cybersecurity Information Sharing Act of 2015 to combat hackers, reduce network vulnerabilities, and detect malicious attacks. What kind of data will companies share with the Department of Homeland Security and each other? How will they avoid disclosing customers' personal data? And will the FBI's fight with Apple make companies averse to cooperate?

CFO Magazine Editor in Chief Edward Teach interviews Vincent Ryan of CFO.com about his February 2016 cover story, "Fast Money." Ryan discusses how bloated cost structures, deteriorating credit portfolios, and new regulatory burdens for banks in the wake of the financial crisis opened the door for online, "shadow" lenders like Kabbage, Lending Club, Funding Circle, and Avant. The two editors also discuss why online lenders can make loans to small businesses when banks can't; how these lenders determine creditworthiness; and whether or not these lenders will survive an economic downturn and increasing regulatory pressures.

SAP’s Thack Brown is interviewed by CFO Publishing’s Chris Schmidt on the topic of The Innovative Finance Function in North America. Thack discusses the increasing influence of finance professionals, the broadening organizational scope of the finance function, and the biggest challenges facing finance executives in North America. Thack also comments on business complexity and the rapid pace of change, the value of digitalization and automation, and steps that finance executives should take to prepare their teams for the future.

Richard McLean, SAP’s Regional CFO for Asia Pacific Japan, is interviewed by CFO Publishing’s Chris Schmidt on the topic of The Innovative Finance Function in Asia Pacific. Richard discusses the increasing influence of finance professionals, the broadening organizational scope of the finance function, and the biggest challenges facing finance executives in Asia Pacific. Richard also comments on business complexity and the rapid pace of change, the value of digitalization and automation, and steps that finance executives should take to prepare their teams for the future.

SAP’s Fernando Lewis is interviewed by CFO Publishing’s Chris Schmidt on the topic of The Innovative Finance Function in Latin America. Fernando discusses the increasing influence of finance professionals, the broadening organizational scope of the finance function, and the biggest challenges facing finance executives in Latin America. Fernando also comments on business complexity and the rapid pace of change, the value of digitalization and automation, and steps that finance executives should take to prepare their teams for the future.

SAP’s Henner Schliebs is interviewed by CFO Publishing’s Chris Schmidt on the topic of The Innovative Finance Function in Europe. Henner discusses the increasing influence of finance professionals, the broadening organizational scope of the finance function, and the biggest challenges facing finance executives in Europe. Henner also comments on business complexity and the rapid pace of change, the value of digitalization and automation, and steps that finance executives should take to prepare their teams for the future.

CFOs in the professional services space are being asked to expand their roles and responsibilities to include strategic planning, growth, risk management, regulatory compliance, technology infrastructure, human capital, and acquisition due diligence. Finance executives are being asked the question, “How do we grow, and how do we become more profitable?” Bill Daisy, a Managing Director at accounting firm CBIZ Tofias, joins Chris Schmidt on this CFO podcast to discuss six key trends affecting professional services CFOs.

With so many methods of automation at their fingertips, CFOs are interested in learning more about business-process management and workflow tools. Rebecca Wettemann, Vice President of Nucleus Research joined Mary Beth Findlay, Editorial Director with CFO Publishing to discuss the latest in automation technology. Automation technology tools boast a variety of performance-boosting capabilities. Implementing automation software can increase productivity, customer and client satisfaction, and the ability for high-value employees to focus on tasks most suitable for their skill sets and capabilities. The newer, cloud-based workflow tools of today are often easily adaptable, quick to implement, and don’t require any additional IT resources. CFOs interested in investing in automation technology should ask potential vendors for references and also for an estimated timeframe for deployment. Vendors should also be able to estimate the adaptability of their systems to ongoing changes. Some CFOs may be wary of automation technology due to past inefficiencies. While workflow tools have been around for a long time, the newer models are cloud-based tools that are generally easily configured to work with current systems and can streamline processes in a way that is overall much less costly than in previous iterations. Wettemann does caution that the biggest mistake she sees CFOs make when purchasing automation technology tools is overpaying. So take care to shop around, and use industry peers as resources to better understand how to get the highest ROI from automation tools. Nearly 80% of tasks today can be automated; it could be well worth your time and money to invest in workflow systems.

Many CFOs find themselves contemplating how to best automate the financial reporting process. Concerned about data confidentiality? Interested in learning more about how automating the financial close can improve accuracy and efficiency? Andrew Hickey, Partner at Deloitte & Touche LLP joins Russ Banham on this CFO podcast to discuss the pros and cons of automating financial reporting.

How can companies prepare to switch from traditional data storage to outsourced cloud storage? What should be their key concerns and areas of focus? Jimit Arora, vice president at Everest Group offers some insight for companies looking to embark on or deepen their relationship with the cloud.

CFO’s Russ Banham talks with Dan Petlon, CIO of Enterasys, a data networking equipment manufacturer. Hear Petlon discuss his relationship with his CFO, and how he views the evolving roles of IT and the CIO.

CFO’s Russ Banham interviews Paul Jeruchimowitz, Managing Director at Accenture, about integrated business services. Find out why CFOs are making the switch from shared service centers to the IBS model.

CFO’s Russ Banham discusses human capital management with Rich Tinervin, CEO of CumulusWorld HR. Hear Tinervin’s advice on aligning human capital with corporate strategy, and his view on how the cultural environment in America affects HR.

CFO’s Russ Banham discusses business systems applications with Bill McNee, Founder and CEO of Saugatuck Technology. Hear McNee’s take on the transformational era in business technology, boundary free enterprise, and the hybrid cloud.

CFO’s Mary Beth Findlay interviews Professor James Sagner, from University of Bridgeport in Connecticut and the University of North Carolina, Chapel Hill about how to better manage your working capital. Find out how you can discover inefficient working capital practices, and why being at the median of working capital among your peers isn't good enough.

CFO’s Russ Banham interviews Jerry Irvine, CIO of Prescient Solutions, about the risks and vulnerabilities of IT systems. Hear how you can work better with IT to control risks, manage third-party companies, and protect your data.

CFO’s Russ Banham discusses data security and cyber breaches with Dr. Larry Ponemon, Chairman and Founder of Ponemon Institute, a research organization focused on privacy, data protection, and cyber security. Hear Dr. Ponemon talk about his previous work with technology and security risks, how his organization identifies data issues and opportunities across the globe, and what cost effective measures can be taken to protect against breaches.

CFO’s Russ Banham discusses mobile payment strategy with Patrick Renna, CFO of Boloco, a Boston-based fast-casual burrito chain. Hear how Boloco has implemented mobile payments to shorten transaction times—allowing them to handle more business when demand is highest.

CFO's Russ Banham interviews Derek Beebe of Towers Watson. As HR technology has become more user-friendly over the years, its successful implementation offers companies many opportunities. Hear how HR cloud solutions can move your organization in the right direction.

CFO's Mary Beth Findlay interviews Chris Bell, Chief Marketing Officer of Active Risk and author of The Enterprise Risk Management Readiness Guide, about Enterprise Risk Management (ERM). Find out what ERM can do for you and your organization and what steps to take to find out if implementing ERM is right for you.

CFO’s Russ Banham talks with Steve Player, North American Program Director at the Beyond Budgeting Roundtable about the radical movement to eliminate the budget. Hear Player recount his experiences with traditional, inefficient budgets and how these types of experiences inspired him and others to take the plunge into finance without the budget, and without looking back.

CFO’s Russ Banham talks with Duncan Banfield of Greenwich Associates to discuss the distancing relationship between banks and SMBs. Hear his advice for tightening your relationship with your bank and find out where he thinks the SMB-banking relationship is headed in the future.