Break Free from Finance and Accounting Drudgery: Join Our Webinar On Wednesday

Break Free from Finance and Accounting Drudgery: Join Our Webinar On Wednesday

Remember your finance and accounting classes back in college?

Chances are, you were hard at work honing your skillset, believing that you’d be using your analytical and strategic capabilities every day in your “real world” job. You certainly didn’t take any classes on managing inefficient processes, manual, and error-prone tasks. Unfortunately, inefficient legacy tools and processes in today’s corporate finance environment results in just that. As a result, finance and accounting teams struggle just to keep up with the demands of the business, preventing them from unleashing their full potential as strategic advisors to the business.

But it doesn’t have to be this way.

There’s technology available today – cloud-based finance platforms like Planful and FloQast – that can dramatically automate and accelerate the tedious, manual, labor-intensive tasks associated with the month-end financial close and financial planning process, freeing you up to unleash the strategic expertise you’ve spent your career developing. 

We’re partnering with FloQast and Tesorio to show you how to make the most out of your time, energy, and financial prowess in your day-to-day job.

Join our webinar on Wednesday, March 25th, at 11 AM PST / 2 PM EST to learn how to… 

  • Automate your manual financial processes and tasks, saving you time, money, and effort
  • Streamline your workflows for maximum efficiency and accuracy
  • Use best practices with cloud-based tools for your team’s benefit
  • Elevate your finance team

We have an all-star line-up for the webinar —  you will hear from:

  • Mike Whitmire, CPA, CEO and Co-Founder of Floqast. Read about Mike’s management philosophy here
  • Carlos Vega, CEO of Tesorio. Read about the challenges Tesorio is solving here
  • Dan Fletcher, CFO of Planful. Listen and read to Dan’s interview with CFO Thought Leader here.

Instead of staying stuck in these manual processes and dealing with all the associated headaches, these industry veterans will provide you with a new framework to optimize the end-to-end financial close and planning cycle, so you can focus on strategic, high value-add work that guides your business to smarter financial decisions.

All attendees are eligible to receive 1 CPE credit.

Sign up here — see you Thursday, March 25th, at 11 AM PST / 2 PM EST!

Related Posts

All Posts
Being Planful: Helpful FP&A Resources

Being Planful: Helpful FP&A Resources to Navigate an Uncertain World: COVID-19 Resources for FP&A Professionals - Part 41 I Planful...

Read More
All Posts
3 FP&A Trends Shaping Our Digital Economy

Finance professors often teach that markets are working toward efficiency—that they’re linear. The reality? They’re bumpy roller coasters full of ups and downs. “Things are usually changing fast enough and people are imperfect enough that markets don’t always have it just right,” says Kevin Landis, CEO and CIO of Firsthand Capital Management and veteran technology ....

Read More
All Posts
When Is It OK to Prioritize Business Growth Over Business Debt?

If you’re in finance, your instinct likely tells you to always protect the money—and your gut’s not completely wrong. But business debt isn’t always a bad thing. It’s not uncommon for high-growth companies to use debt financing to achieve positive cash-flow status and fund business expansion. In 2019, global corporate debt held by non-financial corporations ....

Read More
An Update Regarding COVID-19: The Planful Tour Goes Virtual

An Update Regarding COVID-19: The Planful Tour Goes Virtual

These are uncertain and difficult times for people around the world, and our hearts are with those who have been affected by the virus, and their loved ones. On a personal level, this is the time to focus on taking care of loved ones and ourselves, while also reaching out to those in our communities who need our help and support.

Due to the unprecedented nature of the societal and business impacts, we are assuring our customers, partners and employees that our number one priority is their health and well-being. To that end we wish to share an important decision regarding our customer events in May and also to reassure customers that we continue to be fully operational during these challenging times.

Planful’s Tour 2020 Update

As we know too well, even the best-laid plans can change. To say that myself and the Planful team were looking forward to spending quality time with customers, partners, and old and new friends at the Planful Tour in May, is an understatement. Given the latest data about COVID-19 (coronavirus), the situation suggests the best decision we can make right now–for the safety and well-being of our customers, partners, our Planful team members, and our broader community–is to switch the three in-person Planful Tour events to a virtual event in May. We will share more event details very soon.

A virtual event will still allow us to unpack in detail our vision around Continuous Planning, a capability more and more companies are finding essential to navigate such a dynamic business world. We will also be sharing our product roadmap, and a number of compelling customer case studies and thought leadership content. We are very confident our attendees will get great value from this free, online event.

Business Continuity in General

In terms of business continuity, our team and the Planful FP&A cloud platform continue to remain operational to serve our customers’ needs. Our team and partners have a strong culture of virtual project delivery, so project work will continue unabated. Further, we’ll continue to deliver the service and support you have come to expect from Planful. We are monitoring the COVID-19 situation closely and listening carefully to health officials to guide our actions. During this time of uncertainty, we’re committed to being transparent and keeping everyone informed along the way. Please visit our site to review detailed information about the actions we’re continuously taking specific to COVID-19.

The times are uncertain worldwide from a business perspective too. But as we’ve learned from other crises, the leaders and companies who emerge from trying times even stronger are the people who adapt quickly to changing dynamics and build resilient, agile organizations. This gives me confidence that Planful and its customers will come through this challenge stronger than ever.

Grant Halloran, CEO Planful

Related Posts

All Posts
Being Planful: Helpful FP&A Resources

Being Planful: Helpful FP&A Resources to Navigate an Uncertain World: COVID-19 Resources for FP&A Professionals - Part 41 I Planful...

Read More
All Posts
3 FP&A Trends Shaping Our Digital Economy

Finance professors often teach that markets are working toward efficiency—that they’re linear. The reality? They’re bumpy roller coasters full of ups and downs. “Things are usually changing fast enough and people are imperfect enough that markets don’t always have it just right,” says Kevin Landis, CEO and CIO of Firsthand Capital Management and veteran technology ....

Read More
All Posts
When Is It OK to Prioritize Business Growth Over Business Debt?

If you’re in finance, your instinct likely tells you to always protect the money—and your gut’s not completely wrong. But business debt isn’t always a bad thing. It’s not uncommon for high-growth companies to use debt financing to achieve positive cash-flow status and fund business expansion. In 2019, global corporate debt held by non-financial corporations ....

Read More
What Every Human Resources and FP&A Department Can Do To Strengthen Their Working Relationship

What Every Human Resources and FP&A Department Can Do To Strengthen Their Working Relationship

Melissa Dreuth, Senior Vice President of People and Culture at Planful, talks to her counterparts in the Finance team every day… and looks forward to it. 

“Human Resources – also referred to as People Operations – tends to either love or hate the Finance department. Personally, I absolutely love my Finance colleagues.”

And while the Planful HR team might have an unfair advantage by virtue of working at a financial planning software provider, Dreuth has several thoughts on how to improve HR-and-Finance relationships in every company.

Finance and Human Resources Have A Universal Interdependence: Payroll

“Collaboration between every company’s Finance and HR departments sprouts from a bedrock foundation: payroll,” explains Dreuth.

The fact of the matter, she says, is that neither department can function without the other. “I can’t make any org changes without Finance’s blessing, and Finance can’t do the number one thing that all employees care about the most – paying them – without making sure they have the correct information from HR.”

From this inherent touchpoint, Dreuth recommends, start building a cadence where both sides are often communicating, erring on the side of “over-communicating” and prioritizing this constant flow of information.

“It’ll be readily clear, early on, how interdependent both sides are with this critical responsibility. Use that as a springboard and you’ll see that relationship further evolve when it’s time for workforce planning.”

What Matters More: People Or Numbers?

“In environments where there are challenging dynamics between Finance and HR, I’ve noticed there’s a battle for control: is it the financial numbers or is it the people that matter more to the business? The healthy partnerships understand that it’s both — the right people in place will generate better numbers, and those better numbers will put those people in a better position for success.”

Workforce planning is the perfect example of when Finance and HR need to be speaking the same language — because the impact of those decisions has huge ripple effects on the entire business.

“Having the right people in the right place at the right time is critical to hitting revenue targets. Add salespeople to the wrong territory too early, for example, and you just wasted resources on areas that aren’t ready to generate enough revenue… which inevitably leads to the poor performance management data pointing toward performance management plans, when in fact they may have been the right person, at the wrong time.”

And that’s where Continuous Planning comes into play.

Continuous Planning Elevates The Conversation Between HR and Finance

“We use Continuous Planning to forecast our headcount, and then as hiring rates change, we update our models so Finance can seamlessly adjust their operating plan and course-correct,” Dreuth explains.

This numbers-driven dialogue helps Dreuth get on the same page much faster with her Finance colleagues. A Continuous Planning platform — which allows for real-time collaboration and dynamic collaboration — makes it much easier for Dreuth’s team to utilize financial insights in their own decision-making.

“When we have those financial insights at our fingertips, we’re able to start those conversations at a higher level. Finance doesn’t have to push back and explain the numbers because we’ve already factored that in, and we can think much more strategically and long-term about our organization and where it’s going.”

Dreuth continued: “Ultimately, all of our goals have less to do with making better sense of the numbers and more to do with making the numbers better so we can make financially smarter decisions. Continuous planning allows us to minimize the former and maximize the latter.”

With consistent communication habits in place, a mutual understanding of each other’s perspective, and a Continuous Planning platform elevating their conversations… it’s no wonder that Planful’s HR and Finance teams have nothing but love for each other.

Learn more about Continuous Planning here.

Related Posts

All Posts
Being Planful: Helpful FP&A Resources

Being Planful: Helpful FP&A Resources to Navigate an Uncertain World: COVID-19 Resources for FP&A Professionals - Part 41 I Planful...

Read More
All Posts
3 FP&A Trends Shaping Our Digital Economy

Finance professors often teach that markets are working toward efficiency—that they’re linear. The reality? They’re bumpy roller coasters full of ups and downs. “Things are usually changing fast enough and people are imperfect enough that markets don’t always have it just right,” says Kevin Landis, CEO and CIO of Firsthand Capital Management and veteran technology ....

Read More
All Posts
When Is It OK to Prioritize Business Growth Over Business Debt?

If you’re in finance, your instinct likely tells you to always protect the money—and your gut’s not completely wrong. But business debt isn’t always a bad thing. It’s not uncommon for high-growth companies to use debt financing to achieve positive cash-flow status and fund business expansion. In 2019, global corporate debt held by non-financial corporations ....

Read More