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A CFO Story: When It’s Time to Upgrade Financial Systems

This video is from the Proformative webinar “A CFO Story: When It’s Time to Upgrade Financial Systems & Do it Right – Hello Cloud Accounting” held on November 1, 2012. The webinar features presentations from Tom Brennan, VP, FinancialForce.com and Scott Travosos, CFO, Blue Shield of California.

There’s no denying a CFO’s job continues to become increasingly complex. The last thing that the office of the CFO needs is accounting and financial systems that fail to address critical business needs including compliance issues, an effective financial close process, complex business processes, and company growth. How do you know when it’s the right time to upgrade your financial systems? How do you accurately assess your company’s current and future needs, and find the right solution in the new age of cloud computing? Scott Travosos, CFO, Blue Shield of California discusses the tell-tale signs he knew it was time for a new accounting solution at his company, his path to Cloud-based systems, and ultimately the powerful impact that cloud accounting applications have had on his organization.