Rise of the Next-Gen CFO: The Evolution of Finance’s Role and Tech Stack

Today’s finance leaders need to be equipped with a strong understanding of technology to enable them to scale their team and the rest of the organization. A revolution is coming — one where innovative solutions will redefine not only the way finance teams will manage company financials, but their very roles within the organization.

Most of the CFO tools built in recent years have focused on transacting and record-keeping. Many of those existing finance products are rife with problems.

The CFO role is plagued by manual, repetitive tasks, from initiating bank transfers to recording checks into the ledger.

As the ROI of SG&A spend becomes more predictable, a non-VC financial layer will emerge within Silicon Valley, similarly helping to fuel its growth. This capital layer can help partially compensate for the slowing market-based growth tailwinds. This suite of services will benefit from a tech-specific approach: real-time debt offerings based on oper... See more

Augment or replace large portions of finance teams with software, improving profits for its businesses.

Based on the fact that most founders are builders, not CFOs, it’s a fair assumption that most founders aren’t naturally skilled capital allocators and so aren’t aware of all of the alternative methods large companies utilize to finance their businesses. What I see happening in B2B fintech is a sort of ‘consumerization’ of these previously unknown a... See more