Achieving FP&A Excellence in Rapidly Expanding Enterprises with Richard Tame
Paul Barnhurst
Helping FP&A Professionals provide value to their businesses | Founder of The FP&A Guy | Host of 3 popular Finance podcasts | Microsoft MVP
Watch on YouTube
Show Notes
Welcome to FP&A Tomorrow , where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.?
The title sponsor for this week’s episode of FP&A Tomorrow is Abacum , the leading mid-market FP&A solution trusted by hundreds of companies to eliminate the spreadsheet struggle. https://www.abacum.io
In today’s episode, Paul engages in a conversation with Richard Tame , to discuss the essential elements that define excellent financial planning and analysis.
Richard, CFO of Coeus Institute, with over 25-plus years of experience in finance across various sectors, including his significant role at Aurora, brings a wealth of knowledge and a unique perspective to the evolving landscape of FP&A.
Key takeaways from this week's episode include:
Quotes
"I've been in companies whereby finance has a really strong seat at the table and you know, you can't blow your nose unless finance is holding the handkerchief. Then I've been in companies where finance is seen as an inconvenience at best."
"You have to make the relationships not about you. You're there to partner with the business, and invariably the business knows more about the business. You need to have a relationship such that you can influence them. You're serving them."
We had built the company in a way that we would have expected to go public at some point, and one of the things that I'd seen at Lyft, for example, I joined Lyft the day after the IPO, and it became clear that perhaps they hadn't built the infrastructure in the way that they could of to make life easier and that was very messy."
Follow Richard
Follow Paul
Read the Transcript
Join the #1 Planning & Analytics Community created by and for FP&A Professionals. use the promo code TheFPandAGuy for an exclusive 25% discount on your first-year membership.
Earn CPE credit through Earmark for listening to this episode.
Sponsors
Love this insightful share! To further amplify your audience engagement, consider implementing multi-variate testing beyond conventional models with tailored content for each segment of your audience, leveraging machine learning algorithms to predict the most effective strategies.
Accomplished & Versatile Finance Professional with FP&A and Accounting Experience
5 个月I couldn't agree more about how Finance can be viewed very differently depending on the company - sometimes you can't necessarily change that perception as it can be ingrained very deeply into a company's culture
Forecasting AI for mid-market finance teams. We make enterprise financial forecasting easy-peasy, lemon-squeazy.
5 个月The "rapidly expanding" part is the subject of nightmares for forecasting accuracy! Great topic Paul Barnhurst, The FPandA Guy, and Richard Tame!
Data Analyst | SQL | Tableau | Excel | Data Visualization
5 个月I’m excited! Will definitely listen on my hour drive home.
Chief Financial Officer – Finance & Accounting Operations Management / Investor & Board Relations / Fundraising / Financial Planning & Analysis / Interim CFO / Budgeting & Forecasting / IPO-Readiness & Business Planning
5 个月It was great to be on the FP&A Tomorrow show and I enjoyed chatting with Paul Barnhurst, The FPandA Guy. It was a wide ranging conversation that should be fun for anyone interested in finance - especially those wanting to build great Finance teams and positively impact people's careers while providing a lot of value to the businesses they support. I encourage you to find some time to listen!