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.

[Read more...]

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.

[Read more...]

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.

[Read more...]

Armor5 and Appnomic Systems Selected as “Audience Choice” NextGen Companies

For Immediate Release
SIIA Communications Contact: Laura Greenback, 202.789.4461, lgreenback@siia.net

Armor5 and Appnomic Systems Selected as “Audience Choice” NextGen Companies
All About the Cloud Audience Selects the most Innovative NextGen Companies in San Francisco

Washington, DC (June 11, 2013) – The Software & Information Industry Association (SIIA), the principal trade association for the software and digital content industries, today announced the recipients of the “Audience Choice” NextGen company from May’s All About the Cloud conference to Armor5 and Appnomic Systems.

As part of the 2013 NextGen program 10 companies participated in “The Next Generation” panel to demonstrate what makes them a must watch company in the industry. Armor5 and Appnomic Systems made a clear argument for why they are they are innovators in their industries. Check out the session today on the AATC 2013 website.

“The goal of All About the Cloud, and of our NextGen Program, is to spotlight emerging trends, best practices and innovation in the marketplace,” said Rhianna Collier, Vice President of the SIIA Software Division. “As the “Audience Choice,” Armor5 and Appnomic Systems represent the next step in the evolution of technology.”

More information about the NextGen program is available www.siia.net/aatc/2013/nextgen.asp.

Information on Armor5 and Appnomic Systems:
Aromor5 Inc. has a unique approach to solving some of the most challenging security and compliance problems in enterprise today – migration of corporate assets from intranet to cloud and increased use of Bring Your Own Device (BYOD) into the workplace.

Appnomic Systems is a leading provider of preventive IT performance management and automation solutions enabling IT Operations to avoid major IT incidents, improve mean time to repair, increase IT staff productivity, and achieve new levels of compliance.

About SIIA
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to more than 700 leading software and information companies. The SIIA Software Division provides a forum for companies developing the applications, services, infrastructure and tools that are driving the software and services industry forward. For further information, visit www.siia.net/software

Appnomic Systems Selected as an “Audience Choice” NextGen Company at SIIA’s All About the Cloud 2013

The Software & Information Industry Association (SIIA), the principal association representing the software and digital content industries, announced that Appnomic Systems, a leading provider of preventive IT performance management and automation solutions enabling customers to avoid major IT incidents, was selected as the “Audience Choice” recipient at last month’s All About the Cloud Conference.

After being chosen by a Selection Committee comprised of M&A, VC and advisory executives, Appnomic Systems’ President, Ray Solnik, participated in “The Next Generation” panel where he demonstrated what makes Appnomic Systems an innovative and must watch company in the industry.  Check out the session today on the AATC 2013 website.

Now commencing its 8th year, the NextGen program showcases the competitive nature of what truly makes a company the next generation of young companies to watch.  The SIIA’s Software Division would like to congratulate all of the 2013 NextGen companies on being an innovative and disruptive company to watch in the as-a-service industry.  To view the complete list of 2013 NextGen companies, please visit the All About the Cloud website.

Armor5 Selected as an “Audience Choice” NextGen Company at SIIA’s All About the Cloud 2013

The Software & Information Industry Association (SIIA), the principal association representing the software and digital content industries, announced that Armor5, an innovator in Enterprise Mobile Security specializing in BYOD solutions, was selected as the “Audience Choice” recipient at last month’s All About the Cloud Conference.

After being chosen by a Selection Committee comprised of M&A, VC and advisory executives, Armor5’s CEO, Suresh Balasubramanian, participated in “The Next Generation” panel where he demonstrated what makes Armor5 an innovative and must watch company in the industry.  Check out the session today on the AATC 2013 website.

Now commencing its 8th year, the NextGen program showcases the competitive nature of what truly makes a company the next generation of young companies to watch.  The SIIA’s Software Division would like to congratulate all of the 2013 NextGen companies on being an innovative and disruptive company to watch in the as-a-service industry.  To view the complete list of 2013 NextGen companies, please visit the All About the Cloud website.