ProCFO Partners
ProCFO Partners
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Choosing and Implementing the Right ERP System for Your Business
Are you getting the most out of your ERP system, or is it holding you back? An ERP is meant to streamline operations and make life easier. In reality, the ERP is often frustrating-underutilized, poorly adopted, or misaligned with the company’s needs. ProCFO Larry Bomback joins us in this episode to break down why systems can underperform and how to avoid common frustrations, exploring the complexities of selecting, implementing, or improving an ERP system.
Larry shares practical strategies for evaluating your current system, identifying pain points, and understanding what your business really needs from its ERP. We discuss the importance of cultural adoption, why “train-the-trainer” models outperform massive, one-time trainings, and how to prioritize the needs-to-have versus the nice-to-have features. Larry also explains why choosing an ERP based on promised features usually leads to disappointment and how you can set yourself up for success with the right team and process in place.
If you’re feeling stuck with a clunky ERP or considering a switch, this conversation is a powerful guide with actionable insights for making informed, strategic decisions. Featuring Larry Bomback. #erp #fractionalcfo
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Create The Next is delivered to you from ProCFO Partners, where every week we explore strategies and ideas for financial management and growth to help today’s businesses put their financial picture in context.
ProCFO Partners are expert financial officers, networked across industries, verticals, specializations and situations. Fulfilling the role of a part-time CFO with all-time commitment, ProCFO Partners utilizes the innovative and exclusive FGC Financial Flywheel as a framework that creates momentum to drive your financial functions for sustainable success. Visit procfopartners.com to explore how we can implement a systematic and scalable financial system to help you achieve your goal.
Переглядів: 20

Відео

Where to Focus Now and Next Going Into 2025
Переглядів 92День тому
With 2025 around the corner, most of us are trying to plan for what's next without losing focus on what's now. In this episode, Nelson Tepfer, CEO of ProCFO Partners, breaks down concerns and actions we're seeing more of as the year winds down and shares insights on what's worth focusing on to strengthen your financial position and prepare for the year ahead. We discuss why cash flow is always ...
The Ripple Effect: How ProCFO Partners and MENTEE Are Supporting Connection and Education
Переглядів 3614 днів тому
Nonprofits face big challenges in figuring out growth while focusing on impact and meeting the demands of their mission. While all organizations face obstacles, nonprofits often struggle to build the infrastructure and partnerships that make their unique work possible. In this episode, we hear from Letitia Zwickert, CEO and Founder of MENTEE, and Haleh Fardi, Chief Visionary Officer at ProCFO P...
From Survivalist to Strategist: The Business Owner's Transformation
Переглядів 99Місяць тому
Financial management can feel like an overwhelming challenge for many small business owners, with constant pressure to make payroll, manage cash flow, and keep the business afloat. Jason Kitchell, President of Universal Medical Resources, knows this struggle well. In this episode, we're excited to share the Client Story of Univeral Medical Resources as Jason and ProCFO Joe Shake discuss their r...
The Thought Collective: How Collaboration Helps You Create The Next
Переглядів 1352 місяці тому
Traditionally, CFOs often operate in silos, offering one-dimensional financial oversight that limits innovation and adaptability. This narrow approach can cause businesses like yours to miss critical insights, preventing them from seeing the full picture of their financial health and strategic potential. Without collaboration, key opportunities are overlooked, and decision-making becomes reacti...
The Right Questions, The Right Answers, The Right Partner: The Growth of Geneva Holdings
Переглядів 1,1 тис.2 місяці тому
Tom Stevenson, CEO of Geneva Holdings, often says, “How can you answer the question if you don’t know what to ask?” Knowing the right questions guides strategic growth and ensures you address the root of challenges, not just symptoms. Without asking the right questions you can misdiagnose problems, target the wrong market, or overlook key opportunities. For Geneva Holdings, this meant moving be...
The Hidden Drift: Does Your Business Model Match Your Reality?
Переглядів 3712 місяці тому
Is your business model still aligned with your operations, or are you running on outdated assumptions? How do you even know? Many companies unknowingly drift away from their original vision, creating inefficiencies, frustrated teams, and missed opportunities. In this episode, Haleh Fardi, Chief Visionary Officer at ProCFO Partners, explores the hidden challenges of misalignment and shares why r...
From Instinct to Insight: RU Living’s Climb to Clarity with ProCFO Partners
Переглядів 1,4 тис.3 місяці тому
Running a business on gut instinct only gets you so far. Join us for a Client Story in this episode and follow how ProCFO Partners helped RU Living, a student housing provider, move from intuition to data-driven decisions. Founder and President Mike Sisler shares how ProCFO Josefina Garcia transformed their operations, including handling complex software migrations and turning vague financials ...
The Blueprint for Success: Best Practices for Construction Accounting
Переглядів 563 місяці тому
Mismanaging construction accounting can lead to costly overruns and unexpected financial issues. In this episode, we discuss how construction companies can avoid these pitfalls by understanding the nuances of construction accounting compared to traditional methods. With insights from ProCFO Pat Balestrieri, we explore the importance of revenue recognition, cost management, and detailed job cost...
The Difference Between an Expert CFO and a Controller
Переглядів 6 тис.3 місяці тому
Choosing the right financial leadership is essential to your company’s growth and success, and making the right choice starts with understanding the distinct capabilities of each role. In this episode, we explore the differences between a CFO and a Controller, highlighting how their unique contributions shape your business. We examine why a CFO’s strategic vision drives future success while a C...
Essential Financial Levers for Profitability
Переглядів 2644 місяці тому
Neglecting the right financial metrics can stall your business growth. In this episode, we talk about what some of the "right" metrics are and discuss strategies for managing and optimizing profits and cash flow for SMEs. Kenton Gray helps us explore financial levers beyond mere sales increases. We break down how managing sales volume, COGS, and operational metrics can boost profitability, and ...
Workplace Culture and Finance: The Missing Link to Growth
Переглядів 1094 місяці тому
A workplace that ignores the role of finance in its culture is missing a crucial element for success - and most organizations don't put "finance" and "culture" in the same thought. Rodger Lazoff helps us explore how integrating these elements drives opportunity. We break down the Four Cs: Cooperation, Collaboration, Contribution, and Community, and discuss how CFOs can embed desired behaviors t...
How the Modern CFO Role Drives Business Success
Переглядів 8235 місяців тому
Join us as we discuss how the modern CFO role is evolving, with insights from Vaughn Henson. This episode explores the critical role of training and education in helping create better financial literacy and operational efficiency, highlighting tools like AI and BI dashboards that improve data management and decision-making. We also talk about the benefits of fractional CFOs and how they match t...
The Strategic Role of the CFO in SMEs
Переглядів 8445 місяців тому
Exploring the CFO's unique and sometimes misunderstood role in shaping organizational strategy, this episode examines their guidance in navigating long-term strategic development, including complex mergers, acquisitions, and more. We analyze why SME leadership often falls short in targeting future achievements due to an intense concentration on present tasks, and we explore integrating a fracti...
Mastering Mergers and Acquisitions: Steps for Seamless Success
Переглядів 2866 місяців тому
Exploring the critical elements of mergers and acquisitions, this episode discusses the strategies crucial for sealing deals that enhance company valuation. We scrutinize the essential nature of robust financial structures, especially how auditable financials and risk management contribute to making businesses more attractive. Our discussion zeros in on the art of aligning strategic visions wit...
Strategies for Navigating Toxic Investor Dynamics in Your Business
Переглядів 366 місяців тому
Strategies for Navigating Toxic Investor Dynamics in Your Business
The Role of the CFO on Your Leadership Team
Переглядів 4,3 тис.7 місяців тому
The Role of the CFO on Your Leadership Team
To Buy or Sell a Company: That is the Question.
Переглядів 2777 місяців тому
To Buy or Sell a Company: That is the Question.
Optimizing Price Strategies: Growth Beyond the Bottom Line
Переглядів 1307 місяців тому
Optimizing Price Strategies: Growth Beyond the Bottom Line
Beyond the Balance Sheet: How Finance Fuels Business Growth
Переглядів 2377 місяців тому
Beyond the Balance Sheet: How Finance Fuels Business Growth
Steering the Ship & Knowing The Seas: Managing Investor Relationships
Переглядів 2028 місяців тому
Steering the Ship & Knowing The Seas: Managing Investor Relationships
Marketing, Meaning, Money & Momentum: Client Story with Mike Batiste at Five Eighty
Переглядів 1598 місяців тому
Marketing, Meaning, Money & Momentum: Client Story with Mike Batiste at Five Eighty
Beyond the Bank: Alternative Funding & Strategic Financing
Переглядів 1078 місяців тому
Beyond the Bank: Alternative Funding & Strategic Financing
Long-Range Business Planning: The Path to Your Next
Переглядів 2339 місяців тому
Long-Range Business Planning: The Path to Your Next
Building with ROCKS: EOS Goal Setting & Success
Переглядів 5509 місяців тому
Building with ROCKS: EOS Goal Setting & Success
The CFO's Guide to Building Better Business in Philadelphia
Переглядів 1479 місяців тому
The CFO's Guide to Building Better Business in Philadelphia
Closing the Circuit: Client Story with Amtech
Переглядів 7110 місяців тому
Closing the Circuit: Client Story with Amtech
Atlanta’s Business Potential: The CFO’s Guide to The Southeast’s Business Landscape
Переглядів 4310 місяців тому
Atlanta’s Business Potential: The CFO’s Guide to The Southeast’s Business Landscape
The Educator, The Founder, and The CFO: The Story of Hamilton Park Montessori School
Переглядів 5810 місяців тому
The Educator, The Founder, and The CFO: The Story of Hamilton Park Montessori School
Striking the SMART Balance: How FAST Goals Lead to Attainable Success
Переглядів 5110 місяців тому
Striking the SMART Balance: How FAST Goals Lead to Attainable Success

КОМЕНТАРІ

  • @requisitewhim
    @requisitewhim 21 годину тому

    Where do I get this flywheel?

  • @Vareekalslearningvlogs
    @Vareekalslearningvlogs 2 місяці тому

    very pragmatic and insightful conversation. Congratulations Chris.

  • @hanumantmandale1142
    @hanumantmandale1142 3 місяці тому

    Very insightful

  • @dianseptopramono7878
    @dianseptopramono7878 3 місяці тому

    Happy to watch, inspiring indeed .

  • @Stoviecakes
    @Stoviecakes 4 місяці тому

    Why The fuck is youtube shoving this boomer nonsense into my auto play? STOP!

  • @macdonaldchitauro7283
    @macdonaldchitauro7283 4 місяці тому

    Insightful presentation

  • @amikkelsen
    @amikkelsen 5 місяців тому

    Difference Card comes recommended by other experts I know too.

  • @macdonaldchitauro7283
    @macdonaldchitauro7283 5 місяців тому

    Insightful

  • @ujjalroy404
    @ujjalroy404 6 місяців тому

    I hope you are well. Visiting your channel I have seen your all videos and content are very good but your video SEO optimization is not professional. Perhaps you are busy for managing the channel.

  • @AceCPAsBookkeeping
    @AceCPAsBookkeeping 7 місяців тому

    TLDR: Construction companies need to understand construction accounting and collaborate with a CFO to effectively manage their finances and ensure profitability and growth. 00:00 🏗 Construction companies face complex accounting challenges, including changing rules, compliance issues, and financial inexperience, hindering their growth and causing issues. 03:47 🏗 Contractors must understand construction accounting to accurately price jobs, track expenses, and allocate resources for multiple projects, while considering tax treatment and revenue recognition methods. 07:02 🏗 Subcontractors in construction should treat each job as their entire business, prioritize project completion and client relationships, and rely on instincts for pricing and steady work flow. 09:22 🏗 Contractors need to understand job management, find reliable subcontractors, and collaborate with a fractional CFO to effectively manage construction accounting for reliability and profitability. 12:05 💼 Contractors benefit from having a CFO for cash flow and financial management, structuring contracts, and providing cash flow templates and forecasts for complex projects. 14:04 🏗 Contractors should discuss objectives with their team, ensure all overhead items are included in the job, and address retainage issues with the help of a CFO for proper cost allocation and contingency planning. 15:59 🏗 Understanding construction accounting is crucial for contractors to improve revenue and cash flow, with the help of financial guidance and careful planning for successful business operations. 18:42 👍 Connect with pro cfo partners for financial management and growth strategies to succeed in construction business.

  • @sebastienstreett2277
    @sebastienstreett2277 8 місяців тому

    'Promo SM'

  • @margareteaton7254
    @margareteaton7254 Рік тому

    I love your videos.

  • @SarahGoss-k1n
    @SarahGoss-k1n Рік тому

    The see the CFO as a numbers task person not a strategic role that focus on financial and operational cohesiveness of the organization.

  • @johnnyedwards3753
    @johnnyedwards3753 Рік тому

    ✔️ Promo-SM

  • @abdirahmansheikh6777
    @abdirahmansheikh6777 Рік тому

    Explain strategic agility and organisational performance

  • @milwaukeeduke414
    @milwaukeeduke414 Рік тому

    I need funding for my startup #CHANNELS

  • @lunamorris2091
    @lunamorris2091 Рік тому

    I’m more than happy to discover this channel. I need to thank you for your time for this, particularly a fantastic watch!! I liked every little bit of it and I have subscribed you to look at new posts all the time.

  • @petronellanuce4648
    @petronellanuce4648 Рік тому

    "Promo sm" 👊

  • @laurenramirez6970
    @laurenramirez6970 Рік тому

    So cool! 🤩

  • @TucsonArizona
    @TucsonArizona 4 роки тому

    Interesting video! Thank you for sharing your strategies and ideas! Keep this content coming! New subscriber here!