"Are you kidding me?! My power base is jeopardized if I don’t find some way to get this routine junk off my back, because who needs me at my education level to install and watch financial systems (a savvy IT person can do that) or make sure accountants are doing what they are supposed to (a well trained manager could do that)."
For hundreds of years, the business of accounting for money in and money out has been on the same on-site framework. Corefino is aimed at a large and growing segment of "strategic CFO’s" who have two agendas:
To help their companies substantially cut a large, recurring expense that adds no value by being on premise; and
CFOs/Controllers who believe they offer unique strategic management and boardroom value by replacing the copious time they spend on staffing and technology issues with meaningful financial analysis and inputs.
The more delectable part of the financial leadership experience: interpreting the financial data, creating strategies and visions for its usefulness…and having the TIME to do it adequately, will make Corefino a strategic accelerator for CFOs.
Once financial leaders taste this newfound technology freedom and quit the green eyeshade crowd babysitting – why would they ever go back to multi-million-dollar deployment/upgrade headaches?
Controllers have needed something creative for a long time. Instead of focusing 100% of their energies on the business, they spend way too much time on managing people within their department, their ERP vendors, the systems integrators who patch and install these systems, etc. Controllers and CFO’s need something different - they need to outsource their accounting transaction processing, most of their accounting staff and all of the technology headaches that come with their old school accounting solutions.