In this exciting interview CEO of Aviva Spectrum Sonia Luna, interviews Gayle Edwards, Managing Director, Professional Accounting Solutions (PAS).
Gayle Edwards has over 25 years of experience in hotel operations, starting as a night auditor and advancing to the VP of Finance level. Her impressive
track record and wealth of operational insight allows her to be the resident BlackLine expert for PAS and pasUNITY. By leveraging her deep knowledge
of back office operations, Gayle has been able to successfully introduce BlackLine into hospitality, creating one of the largest Blackline Partners
deals to date.
Connect with us for a complimentary BlackLine Demo at Info@AvivaSpectrum.com .
Learn more about financial transformation: http://www.avivaspectrum.com/blacklin...
By now you’ve heard me and probably others talk about Financial Transformation and Continuous Accounting. My interview with financial transformation expert, Gayle Edwards, Managing Director of Professional Accounting Solutions (PAS) discusses the top three skills CFOs execute to transform
their accounting departments from loss leaders to strategic advisors. These are the same skills that can't be run by pure software or artificial intelligence
which has been written and talked about because of a recent MIT and Boston University study. This study concluded "1 Robot Eliminates 5.6 workers". Here are the three executive skills robots CAN'T Take AWAY!
Skill #1: Take the LONG VIEW
CFOs need to have a 360-degree focus. When implementing new technology and heading towards automating your accounting function, make sure you take the long view. The most successful CFOs include different stakeholders to be involved during the planning, selection and execution process. Allowing team members from different departments gives strategic CFOs a better understanding of what's meaningful to measure key outcomes. If you don’t get buy-in from everyone, you will certainly have some major bumps in the road.
Skill #2: Being aware of Roadblocks. Inevitably when implementing software there are unforeseen problems that get in the way. You may have an issue with an employee that is afraid of losing his job and is stalling to achieve the next project milestone. Perhaps you don't have full cooperation from IT. You might have other projects or software installations, that get in the way. Taking an inventory of what roadblocks have been presented and what's a priority is key to addressing these roadblocks in a timely fashion. The most strategic CFOs also budget the extra effort when they do face these road blocks such as the cost to hire a temp consultant. Once they budget the extra effort, they actually weigh the other option be, if they didn't go with their initial plan to face the road block. In short, what would happen if the road block isn't fixed? These CFOs not only know what Plan A is going to cost them, but they also know what's going to happen if Plan A isn't implemented to remove their road blocks. This gives them more information to present to the CEO and gain the respect from the team to remove these road blocks. ..
Financing in the U.S. is undergoing an evolution that you will want to be prepared for. Whether your organization is looking to finance or refinance, or if you’re a lender or compliance professional who wants to make a better impact when advising clients, there is always ways to improve. In this compelling Compliance Expert Radio Show, Sonia Luna interviews the President of QuickFee, Kyle Redding. Learn the most important tips on how to advise CEOs on the upcoming lending compliance changes and finding the best fit for you.
What we are Going to See in the Next 6-12 Months and Beyond
Advice for Compliance Professionals When Advising Clients on Financing Options
Considerations Organizations Should Evaluate When Choosing a Financing Options
This is the crux of putting the deal together, so make sure to consider the following:
Metrics Most Organizations MISS When Choosing a Financing Option
CORE: 3 C’s of credit
In between those lines, these metrics could easily missed:
Need help strategizing on Compliance, Automation, or Financial Transformation? We invite you to learn more by emailing us at firstname.lastname@example.org
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Kyle is a CPA & President of QuickFee, Inc. He started his career with EY, working in both the US and Australia, and transitioned into the early stages of QuickFee Australia, where he grew the business from 50 to 700 firms, including 70% of the Top 100 Accounting firms in Australia and the Big 4. Kyle moved back home to California to establish QuickFee USA and quickly gained notoriety by being published in Accounting Today, Accounting Web & CPA Practice Advisors. QuickFee was recently recognized by Accounting Today as one of the “2017 Top New Products” for their unique payment portal that offers clients of professional firms a “fee financing option” directly alongside ACH payment & Credit Card payment... Read More
Once you have decided to invest in BlackLine, the next item to consider is what modules or product suites you’ll need to invest and implement first. Your decision to purchase which products is best when you engage key stakeholders on what they believe would yield the best benefits to the organization first. ..Read More
"Sonia and her team at Aviva Spectrum were a critical success factor in developing and implementing key internal controls to enable us to successfully implement Timberline at UCP. The teams pre-implemnentation efforts were invaluable to us."
"Working with Sonia and Aviva was productive and was a successful partnership for our organization which ultimalely helped us to reduce internal and external costs"
"Sonia Luna - think entrepreneur with a superior understanding of governance, risk and control. Her secret? Years of working with authoritative standard setting bodies such as COSO."
"Aviva provided us with valuable support and useful recommendation while we documented our internal controls. "