Welcome to another episode of Generation CFO, this time with Henri Taipale – CEO and founder of Qvalia.
Sponsored by SSON Week - http://bit.ly/SSONCFOCHAT
In this episode, Henri talks about Qvalia and his career journey. He also shares about digital transformation and automation, pros and cons of RPA, accounting and transactional processes. Henri started in a very entrepreneurial journey working with taxation. In his experience, he found out that various organizations have problems in taxation as well as managing transactional processes. Henri and I talk about the need of creating a systematic way in finding these mistakes in taxation which is relative to the purchase and sale transactions of any business.
Moving forward to digital transformation and RPA, Henri mentions that organisation must be able to clearly identify why they need automation. Data is probably the most important asset of an organisation because the success of automation depends on it. Organisation must understand what specific technology to use for which specific business function.
Henri’s company, Qvalia, specializes on the procurement or sales side and consolidating the information in that process. Their goal is to improve and automate financial processes.
Episode Quotes
"Finance professionals needs to be with the operations and be more customer oriented"
"The success of automation depends on the quality of the data"
"Before doing automation, look at first the information you are managing and why"
"Providing customer value should be the driving force for every team in the business"
"The more that information is automated, the more that it is entangled"
"Centralised data is extremely good because it is efficient and fast"
"Organisations need to understand what specific technology to use for which specific function or solution"
Listen to Learn
00:25 Introduction about the episode topics
06:10 Getting to know Henri Taipale - career journey
09:48 Do CFOs need to be entrepreneurial? What are the benefits?
12:10 The role of accounting in the business
15:15 Taxation, automation and data
17:25 Robotic Process Automation (RPA) - when is it necessary?
22:04 Remarkable changes because of automation, How CFOs can adapt to it
23:21 The impact of automation in supplier management
25:40 Overview about Qvalia
28:20 Henri's take about Blockchain
33:00 What does the finance team looks like 10 years from now?
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Welcome to another episode of Generation CFO, this time with Henri Taipale – CEO and founder of Qvalia.
Sponsored by SSON Week - http://bit.ly/SSONCFOCHAT
In this episode, Henri talks about Qvalia and his career journey. He also shares about digital transformation and automation, pros and cons of RPA, accounting and transactional processes. Henri started in a very entrepreneurial journey working with taxation. In his experience, he found out that various organizations have problems in taxation as well as managing transactional processes. Henri and I talk about the need of creating a systematic way in finding these mistakes in taxation which is relative to the purchase and sale transactions of any business.
Moving forward to digital transformation and RPA, Henri mentions that organisation must be able to clearly identify why they need automation. Data is probably the most important asset of an organisation because the success of automation depends on it. Organisation must understand what specific technology to use for which specific business function.
Henri’s company, Qvalia, specializes on the procurement or sales side and consolidating the information in that process. Their goal is to improve and automate financial processes.
Episode Quotes
"Finance professionals needs to be with the operations and be more customer oriented"
"The success of automation depends on the quality of the data"
"Before doing automation, look at first the information you are managing and why"
"Providing customer value should be the driving force for every team in the business"
"The more that information is automated, the more that it is entangled"
"Centralised data is extremely good because it is efficient and fast"
"Organisations need to understand what specific technology to use for which specific function or solution"
Listen to Learn
00:25 Introduction about the episode topics
06:10 Getting to know Henri Taipale - career journey
09:48 Do CFOs need to be entrepreneurial? What are the benefits?
12:10 The role of accounting in the business
15:15 Taxation, automation and data
17:25 Robotic Process Automation (RPA) - when is it necessary?
22:04 Remarkable changes because of automation, How CFOs can adapt to it
23:21 The impact of automation in supplier management
25:40 Overview about Qvalia
28:20 Henri's take about Blockchain
33:00 What does the finance team looks like 10 years from now?
S1 E14 - Kyle Brennan, CFO, Tech, Start Up, Data #CFOchat
Hello Generation CFO, Chris Argent here.
I am with Kyle Brennan - CFO and startup adviser.
Today, he is going to talk about financial roles and technology in startups.
The biggest value a finance person has in startup is execution, being flexible, and able to make quick decisions
Startups relies on two things for their success: the internal side and fundraising. In an environment where cash is more important than profit & loss, finance persons in startups focus on what the business needs and how to execute it cheaply and effectively.
To do so, data analytics plays a vital role. And as Kyle mentioned, “The business strategy can be changed from one single data point, we have to get that information, analyse it correctly and act on it”. As much as big companies need automation, it is more so with startups.
Listen as Kyle and I discuss about CFOs in startups, technology to invest in, and where is the biggest opportunities for finance professionals.
Episode Quotes
"Automaton is important for every business, but probably more so for small businesses"
"Flexibility is more of a selling point as opposed to deep dive analytics"
"The biggest value a finance person has in startup is execution, being flexible, and able to make quick decisions"
"Accounting background is helpful, but what is important is to be proactive and to understand about new technology"
"The business strategy can be changed from one single data point, we have to get that information, analyze it correctly and act on it"
"It does not matter whether you are big or small company, it is about what does the business need"
Listen to Learn
00:21 Episode Intro, getting to know Kyle - career journey
03:33 Deciding factor working with startups
04:42 Day to day of a CFO working with startups
07:15 Two sides that affects the success of a startup
08:12 Small business vs large business
16:44 Workplace Environment: Digital Natives vs Old School
20:43 Should CFOs be part of the decision making?
23:53 What should CFOs focus on? Is accounting background needed?
28:29 Financial roles between startups and large companies
32:17 Technologies to invest to impact the finance team
36:26 Where is the biggest opportunity is for finance professionals?
39:04 Will the CFO role still exist in the future?
Brought to you by Christopher Argent and GenerationCFO.com
Generation CFO by Christopher Argent #CFOchat
Welcome to another episode of Generation CFO, this time with Henri Taipale – CEO and founder of Qvalia.
Sponsored by SSON Week - http://bit.ly/SSONCFOCHAT
In this episode, Henri talks about Qvalia and his career journey. He also shares about digital transformation and automation, pros and cons of RPA, accounting and transactional processes. Henri started in a very entrepreneurial journey working with taxation. In his experience, he found out that various organizations have problems in taxation as well as managing transactional processes. Henri and I talk about the need of creating a systematic way in finding these mistakes in taxation which is relative to the purchase and sale transactions of any business.
Moving forward to digital transformation and RPA, Henri mentions that organisation must be able to clearly identify why they need automation. Data is probably the most important asset of an organisation because the success of automation depends on it. Organisation must understand what specific technology to use for which specific business function.
Henri’s company, Qvalia, specializes on the procurement or sales side and consolidating the information in that process. Their goal is to improve and automate financial processes.
Episode Quotes
"Finance professionals needs to be with the operations and be more customer oriented"
"The success of automation depends on the quality of the data"
"Before doing automation, look at first the information you are managing and why"
"Providing customer value should be the driving force for every team in the business"
"The more that information is automated, the more that it is entangled"
"Centralised data is extremely good because it is efficient and fast"
"Organisations need to understand what specific technology to use for which specific function or solution"
Listen to Learn
00:25 Introduction about the episode topics
06:10 Getting to know Henri Taipale - career journey
09:48 Do CFOs need to be entrepreneurial? What are the benefits?
12:10 The role of accounting in the business
15:15 Taxation, automation and data
17:25 Robotic Process Automation (RPA) - when is it necessary?
22:04 Remarkable changes because of automation, How CFOs can adapt to it
23:21 The impact of automation in supplier management
25:40 Overview about Qvalia
28:20 Henri's take about Blockchain
33:00 What does the finance team looks like 10 years from now?
