The primary themes this week are growth and good decision-making. The release last week of the Deloitte 2015 Technology Fast 500™ list provided a view of the companies and technology industries that are on the fast track to growth. What can you do to drive growth in your company? Kathy Crusco, CFO of Epicor, explains why the best decisions require access to the right kind of data. Of course, a little help from outside sources never hurts either. Tax code reform has been on the table for years, but experts disagree on what reform should look like. This week’s articles gather input from five sources on the topic. Finally, rolling forecasts can be far more effective than cumbersome yearly annual planning. We’ve provided five steps to successfully implementing rolling forecasts in your organization.
This interview between Forbes’ Jeff Thomson and Kathy Crusco, CFO of Epicor, discusses how the strategic CFO applies both instinct and financial systems to make better decisions. Central to good decision-making, however, is access to the right financial data. A lack of access to this data directly impacts business performance. (via Forbes Magazine)
This week, CFO.com gathered five different perspectives on tax reform, polling a CFO, a principal of a Big Four firm, a university professor, an attorney, and an audit partner at a regional accounting firm. While all agree that something needs to be done, their opinions are varied on how it should be handled. Suggestions include lowering corporate tax rates and simplifying the tax code, among other ideas. (via CFO.com)
According to Deloitte, 57% of them are software companies. The 2015 Deloitte Technology Fast 500 list was released last Friday identifying the fastest growing companies across eight industry categories. Overall, companies achieved revenue growth ranging from 109 percent to 21,984 percent from 2011 to 2014, with an average growth of 850 percent. Read on to find out who made the list. (via Forbes)
Rather than creating an annual plan based on historical data and thousands of line items, businesses can benefit from conducting rolling forecasts that look at a smaller set of key business drivers on a regular basis. Learn about some of the best practices for implementing rolling forecasts. (via Adaptive Insights Blog)
What do you like to read a s a modern finance leader? Tweet your top picks to @AdaptiveInsight, and read next Friday’s edition to see if your story made our list of CFO Must-Reads!