Join the strategic finance conversation to hear the latest.
Follow us on LinkedIn @sudozi and @rosezhong

Sudozi
Meet Sudozi, the tool modernizing your vendor management, spend requests and budgeting.

Rose Punkunus
Founder and CEO at Sudozi | CFO | Automating FP&A to unlock more Strategic Finance | Data Nerd
Calendar months are for accounting and GAAP reporting ποΈ
Calendar months are for accounting and GAAP reporting ποΈ While you canβt ignore calendar months, π’π―πΊπ°π―π¦ in a strategic role should be focusing on real-time trends using a metric like Last 4 Weeks. You donβt need to wait for the month to end to get a signal on monthly metrics and trends. Each week, you should be looking at the past weekβs KPIs πππ the same KPIs for the last 4 weeks (L4W)
ChatGPT vs Bard. Regardless of the current capabilities, as a finance person, my mind goes to scalability and risks
ChatGPT vs Bard. Regardless of the current capabilities, as a finance person, my mind goes to scalability and risks. Finance and procurement teams have a huge role to play when it comes to growth and scalability π One interesting thing I recently learned is that Google (being Google) designs their own AI chips which are then manufactured by themselves (or a 3rd party). Most other AI companies use AI chips designed by NVIDIA and manufactured by TSMC π©π»βπ§
Department leader: "Can you sign this contract, legal approved it already" βπΌ
Department leader: "Can you sign this contract, legal approved it already" βπΌ
Me: "What?" π€¨ Teams going around finance, whether intentionally or not, was one of the most frustrating things that used to happen as a finance leader. Who can relate? ππ»ββοΈ If the contract isn't in budget and we haven't aligned on ROI... guess what... it doesn't matter if legal approved it or not.
Finance leaders - while I love Accounts Receivable teams, I would highly recommend these teams work with marketing and customer success to craft your invoice emails.
Finance leaders - while I love Accounts Receivable teams, I would highly recommend these teams work with marketing and customer success to craft your invoice emails. This is a golden opportunity to communicate with EVERY SINGLE customer to share:
1) value your product is providing
2) thank them for being a great customer
3) ROI and how much money your product is saving
Every company is trying to maximize investments, especially marketing and technology investments, and turn those investments into revenue (ideally near-term and recurring!) π°
Every company is trying to maximize investments, especially marketing and technology investments, and turn those investments into revenue (ideally near-term and recurring!) π° π
π’π§ππ§ππ ππππ¦π¬ πππ§ π‘ππ―π π ππππ π’π¦π©πππ π¨π§ π§πππ« πππ«π¦ π π«π¨π°ππ‘ ππ² π¦ππ€π’π§π π¬π¦ππ«π π’π§π―ππ¬ππ¦ππ§π ππ§π ππ₯π₯π¨ππππ’π¨π§ ππππ’π¬π’π¨π§π¬ βοΈ What are some levers finance teams can pull?
πππ²π«π¨π₯π₯ ππ±π©ππ§π¬ππ¬ are top of mind for every company, especially for venture backed companies.
πππ²π«π¨π₯π₯ ππ±π©ππ§π¬ππ¬ are top of mind for every company, especially for venture backed companies. It's increasingly important to accurately forecast payroll lines to know your cash position: salary, benefits, taxes, etc. However, when it comes to explaining the variances for these lines, it makes me want to pull my hair out. PTO, benefits, 401K, and taxes all make things super hard to tie out. One π‘πππ€ I figured out a few years ago is to forecast these lines more granularly.