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1) A strong finance team is critical, now more than ever. Companies of all sizes are dynamically planning for uncertain times ahead. New post w. @seema_amble:fintech & enterprise entrepreneurs are teaming up to modernize SW for the finance suite (finally!)
a16z.com/2020/04/15/new…
2) Finance teams spend the majority of their time gathering, scrubbing, synthesizing data from multiple systems (which is still often not available in real-time) - and only then can they provide strategic business advice
3] Finance teams are also required to be systems architects and piece together many software suites that most often don't even talk to each other
4] Why is now the time to build for the CFO? The need is higher than ever (free up time for the finance team to focus on strategic questions), teams combining enterprise & fintech expertise are coming together, Saas + Txn monetization make these businesses even more attractive
5] Opps include: systems w. real time data & predictive analytics (e.g. expense management @brexHQ @tryramp @AirbaseHQ @divvy_pay ); integrated data layers that tie together different functions (eg HR, ERP, Sales) & of course more automation (eg instant board decks!)
6] Sales, marketing, and engineering have all substantially upgraded their tools over the last 5 to 10 years; it’s time for finance! These new tools will free up more time and resources to focus on strategic decision making (and assist in doing so too)
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