SIIA’s Deciphering Finance: The new role and challenges the CFO in Healthcare faces

DICOMGRIDThe following is an excerpt from SIIA’s Deciphering Finance, a publication cataloging finance strategies and best practices. The goal of the book is to provide solid guidance to help finance executives understand how these new technology trends can benefit finance departments by tapping into the minds of SIIA member executives.

Today’s post is brought to you by Morris Panner, General Manager of DICOM Grid.

Business models in the healthcare industry are continually evolving. With these changes comes the need for new information technology solutions. In order to move forward with the right business strategy, healthcare CFOs must take a role in IT in ways they have never done before.

Part of this is due to the ongoing changes in government regulation.  Whether healthcare reform continues in its current form, there is no doubt that Federal and State governments are becoming more active in attempting to rein in costs as well as find new incentive systems to improve quality.

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SIIA’s Deciphering Finance: The Subscription Economy CFO

ZuoraThe following is an excerpt from SIIA’s Deciphering Finance, a publication cataloging finance strategies and best practices. The goal of the book is to provide solid guidance to help finance executives understand how these new technology trends can benefit finance departments by tapping into the minds of SIIA member executives.

Today’s post is brought to you by Tyler Sloat, CFO of Zuora.

Subscriptions are replacing the traditional product sales models, and are fundamentally changing the face of businesses, industries, and the job of the CFO in the process. I should know because I’ve gone through this transformation myself. CFOs long-accustomed to product-centric, single-purchase transaction businesses need to get smart on the shift to businesses built around long-term recurring revenue relationships that are becoming the hallmark of the 21st century.

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SIIA’s Deciphering Finance: The New CFO: Cloud Financial Officer

CloudabilityThe following is an excerpt from SIIA’s Deciphering Finance, a publication cataloging finance strategies and best practices. The goal of the book is to provide solid guidance to help finance executives understand how these new technology trends can benefit finance departments by tapping into the minds of SIIA member executives.

Today′s post is brought to you by Mat Ellis, Founder of Cloudability.

Traditionally, technology projects have been treated as if all of the features, benefits and costs can all be accurately defined right at the start. Lengthy ROI and business model reviews, combined with the waterfall method of project management have managed to reinforce our belief in this lie. All too often we recognize late in the project life cycle that our technology needs have changed and so we scramble to catch up, resulting in late delivery, lower than forecast ROI, cost overruns and, in the worst cases, abandoned projects. The cost of this inefficiency, both measurable, and in terms of lost opportunity, customers, market share, etc., are significant, and getting higher as we come to rely more and more on technology in every area of business.

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Save the Date for Deciphering Finance, December 2013

The Software & Information Industry Association, the principal trade association for the software and digital content industries, today announced a new event, Deciphering Finance, for finance executives to discuss growth strategies for software companies. This one day event for CFOs and other finance executives will help executives think more strategically, enhance their finance teams, and maximize the performance of their company.

When: December 4, 2013
Where: Boston, MA
Who:  Chief Financial Officers, Chief Audit Officers, Presidents/CEOs, Finance Leaders, Audit Committee Members, and Investors

“The role of finance executives has changed and it is more important than ever for finance teams to better align with other departments,” says Rhianna Collier, Vice President of the SIIA Software Division.  “Deciphering Finance will provide an opportunity for executives to learn how to be more strategic, improve risk management, and enhance their ability to make the best decisions for their company’s future.”

For sponsorship inquiries, please contact Rhianna Collier, Vice President of the Software Division.

SIIA’s Deciphering Finance: For Clarity, CFOs Turn to The Cloud

Bill.com CEOThe following is an excerpt from SIIA’s Deciphering Finance, a publication cataloging finance strategies and best practices. The goal of the book is to provide solid guidance to help finance executives understand how these new technology trends can benefit finance departments by tapping into the minds of SIIA member executives.

Today’s post is brought to you by Rene LaCerte, CEO of Bill.com.

In today’s high-pressure economic climate, CFOs and other financial managers are aggressively searching for ways to save money, maximize efficiency, and drive growth. Increasingly, cloud- based financial tools are emerging as a solution that can help them accomplish their daily tasks more efficiently while improving their cash flow management and visibility.

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SIIA’s Deciphering Finance: What the Cloud Means to Finance

The following is an excerpt from SIIA’s Deciphering Finance, a publication cataloging finance strategies and best practices. The goal of the book is to provide solid guidance to help finance executives understand how these new technology trends can benefit finance departments by tapping into the minds of SIIA member executives.

Today’s post is brought to you by Ron Gill, CMA, CFM, and CFO of NetSuite (NYSE:N)

The benefits of transitioning from an on-premise ERP system to the cloud are manifold. In a recent survey that NetSuite conducted with approximately 800 IMA® members, the results closely mirror my experiences at the company. The survey asked finance professionals: “What do you perceive as the single key benefit of moving your financials to the cloud?” Figure 1 shows their answers. The clear drivers were around total cost of ownership; anytime, anywhere access; and business process improvement.

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Webinar: Seven Ways Text Analytics Tames Big Data

Your customers have big data issues, and they’re looking to software vendors to help them solve these issues.  Whether your software is designed for archiving, collaboration, content management, CRM/social media or compliance – it’s getting harder for enterprises to sort through all their unstructured data.

Listen to the pre-recorded webcast to hear and see examples from SIIA member Content Analyst of where content-aware advanced analytics is being applied within software products to address the issues of big data, and learn the advanced analytics secrets held by dozens of software companies in legal, eDiscovery and US Intelligence for years.  This webinar addresses these questions and more:

  • How and why are software companies embedding concept-aware text analytics engines into their products to bring order to the chaos of big data in a highly automated, consistent and defensible way?
  • Can these engines really synthetically transfer human knowledge to large unstructured data collections to precisely and accurately classify big data for reduction, organization, analysis and findability?
  • Can a machine be taught to conceptually understand specific categories and apply those categories to each piece of unstructured content with a much higher level of precision than a human, and in any language?

Presenters
John Falehi
Chief Strategy Officer, Content Analyst

Steven Toole
Vice President of Marketing, Content Analyst

Click here to view a copy of Content Analyst’s slides.