Welcome to Today’s Webinar
Top Tech Trends CFOs Need to Know
Questions
• Attendees are in listen-only mode• This webinar is being recorded for future on-demand playback• Your participation represents acknowledgement that we are
recording• Tweet questions & comments to: #WelchCFO
Windows
Mac Tablet
Ground Rules
Presenters
Bryan Haralovich, CPA, CA, CPA (Illinois) Partner, Welch [email protected]:@CAHaralovichhttp://linkd.in/1ioTtbp
Mark ScottCEO of TUC Managed IT [email protected]://www.tucmanaged.com/Twitter: @TUCManagedhttp://www.linkedin.com/pub/mark-scott/8/54b/20b
What We Will Cover Today
• Technology Trends– Evolving Role of CFO
• IT Spending vs. Performance– The vCIO Approach
• Are You Ready for “The Cloud”?
Technology Trends
• Today’s CFO role is multi-dimensional, particularly with the proliferation of technology in business;
• The 90’s brought us the internet, the 2000’s saw the explosion of information and data, and the 10’s have/will see the “consumerization of IT”;
• The CFO has been pulled into technology whether they like or not…
Financial
hat
Technology hat
Business hat
• Reporting and compliance;• Internal controls & risk;• Legal & governance;
• Operations - efficiency;• Strategy - effectiveness;• Top 10 corporate
objectives;
• Aligning IT with business;• Enabler or necessary evil;• Top technology issues.
CPA’s Role Evolving…
Business Hat – What are Your Top 10 Corporate Objectives?
A Non-Exhaustive List:
1. Customer service/experience
2. Sales Generation
3. Marketing Awareness
4. New Revenue Opportunities
5. Improve Information Security
6. Management Information Systems
7. Communications – internal & External
8. Employee morale/productivity/managment
9. Business Process Automation (Cost Reduction)
10. Competitive/Market Analysis
11. Partnering & Referral Opportunities
12. Supply Chain Management
13. Business Continuity & Disaster Recovery
Technology Hat – CPA Top 10 Tech Initiatives – September 2013
Top CA Technology Concerns Over Time
CA Magazine’s 2008 Top 10 Technology Issues
1. Availability of IT Skills
2. Privacy
3. Outsourcing
4. IT Governance
5. Information Overload
6. IT Value
7. IT Controls Awareness
8. Social Networking
9. Green Computing
10. Data Controls & Assurance
CA Magazine’s 2012 Annual Technology Survey:
1. Bring your own device
2. Tablets & Mobile computing
3. Cloud Computer
4. Mobile Apps
5. Social Networks
6. Radio Frequency Identification
7. Big data & Business intelligence tools
8. Security
9. IT Governance
10. Green Computing
IT Spending vs. Performance
The Virtual CIO (vCIO) Approach
Are You Ready for “The Cloud”
Start by understanding your Technology DNA…
Q & A
Bryan Haralovich, CPA, CA, CPA (Illinois) Partner, Welch [email protected]:@CAHaralovichhttp://linkd.in/1ioTtbp
Mark ScottCEO of TUC Managed IT [email protected]://www.tucmanaged.com/Twitter: @TUCManagedhttp://www.linkedin.com/pub/mark-scott/8/54b/20b