Premium advantages when hiring fractional CFO with Sam McQuade CFO of Panterra Finance: A chief financial officer (CFO) is the highest-ranking financial professional in an organization and is responsible for the fiscal health of the business. The CFO’s responsibilities include, but aren’t limited to, building a top-notch finance and accounting team, ensuring revenues and expenses stay in balance, overseeing FP&A (financial planning & analysis) functions, making recommendations on mergers and acquisitions, obtaining funding, working with department heads to analyze financial data and craft budgets, attesting to the accuracy of reports and consulting with boards of directors and the CEO on strategy.

Developing the Interim and Fractional CFO Concept with Experience: From the inside looking out, Sam McQuade continued to sharpen his skills and nurture the ideas and mission of Panterra Finance. He spent time in the executive suites of Dell, as a Finance Manager and a Financial Planning and Analysis Manager where he achieved a 400% revenue growth in the Swiss market. Other stops in corporate suites, each of which shaped the final innovative services offered by Panterra Finance. Read more info on https://www.f6s.com/sam-mcquade.

With technological advances disrupting job descriptions, the organization will have its share of fear and resistance. Given the close collaboration between finance and information technology, the CFO is in a unique position to anticipate the future needs of organization and help mentor people with their reskilling into other growth areas. What else do you think CFOs can be doing now to adapt to the future? I’d be very grateful if you provide your comments and share your thoughts. Thank you!

Strategy and forecasting involves using available data and reports, both internal and external, to advise on areas including product development, market expansion, human capital management, M&A and capital investments. It’s also where structured planning and forecasting exercises, like scenario planning and FP&A, fall. Controllers, treasurers and FP&A analysts are invaluable members of the team, but in all these areas, the buck stops at the CFO’s desk.

Friends With Benefits is a decentralized social network. It allows users to connect with each other and share content. It allows the users to collaborate and create new content. Users may connect with individuals who share their interests in other cities through city-specific hubs. The more FWB tokens a user has, the more opportunities to meet and interact with others develop. This is a decentralized autonomous organization (DAO) that uses the power of the blockchain to adjudicate disputes. Kleros is a DAO because it is powered by smart contracts. The Kleros token (PNK) is used to incentive jurors to vote on disputes. When someone wants to submit a dispute to Kleros, they first have to deposit some PNK. If the jury rules in favor of the person who submitted the dispute, then they get their PNK back. If the jury rules against them, then they lose their PNK. Kleros can be used to adjudicate any kind of dispute. It has been used to adjudicate disputes in online markets, freelance platforms, and even in the sharing economy.

Fractional CFOs can help companies: Develop detailed short-, mid-, and long-term financial forecasts; Prepare budgets based on forecasts; Analyze potential future products, services, markets, and customer segments. Helping Manage Growth: Fractional CFOs are also helpful in scaling a business, ensuring profitable growth as the business becomes more complex. This work involves reinventing the tools, processes, and vendor relationships the business uses to deliver value to an ever-growing and increasingly diverse set of customers. This is often called “bridging the chasm”, as most companies start to see declining margins and increasing headaches as they grow revenue past a certain threshold.

Selling your business or looking to buy others? Our experts can lead the deal and make sure that you have a thoughtful ownership transition. We are happy to provide second opinions on valuations as well so you have another perspective and feel better before your close the deal.

The most important thing to understand about a DAO is that it is autonomous. This means that it can exist and continue to function without any human intervention. Once the code is written and deployed, the DAO will continue to run according to the code that governs it. This is made possible by the fact that smart contracts are immutable. This means that they cannot be changed or altered in any way once they have been deployed to the Ethereum blockchain. The DAO’s basic idea, while intriguing, is also fascinating, and it represents a point where technology trends such as artificial intelligence (AI), blockchain, and the internet of things (IoT) are coming together to provide fresh possibilities.

A CFO can improve the decision-making process by bringing facts, solid numbers, and asking the right questions. Another benefit to the business owner is the fresh perspective and insights brought by the CFO. This can have the added effect of making life a little less lonely for the entrepreneur. The CFO can be a sounding board and trusted advisor for new ideas and initiatives. Stakeholders such as investors, lenders and creditors react positively to the knowledge that a professional CFO has been retained. This takes on an added degree of importance when looking for outside investment, debt financing or positioning the company for sale.

Do you want to hire your first CFO or wanting only some interim coverage? We offer CFOs for urgent short term projects and longer term engagements. Adaptable with transparent pricing so you cover your business and don’t have to rush into a potentially very bad and expensive full time hire. In disrupting the traditional contracted title of CFO, Panterra Finance innovatively offers all its clients thought leadership based on international financial market experiences. Panterra Finance offers a unified international approach to businesses in the Americas, Europe, Asia, and Africa. Eight centrally located offices in the USA, Switzerland, the Middle East, and the emerging African Continent, offers global enterprises Fractional and Interim CFO services backed by a team with a grasp of dynamic world trends. Discover additional details at Sam McQuade.