Secretariat International
Secretariat International THE SITUATION Rebuild Secretariat International accounting system after major data loss, transition from cash to accrual accounting; [...]
Sovereign Systems Case Study
Sovereign Systems THE CHALLENGE Sovereign Systems helps transform legacy data center technologies and applications into ultra-efficient, cloud-based platforms. They needed multi-level finance/accounting leadership and expertise with the [...]
Catabasis Pharmaceuticals
Catabasis Pharmaceuticals THE CHALLENGE Building and financing a drug discovery platform company. THE SITUATION Within two months of creating Catabasis Pharmaceuticals, the company's two [...]
All we need is a million dollars, and we will be unstoppable
All we need is a million dollars, and we will be unstoppable! (A cautionary tale) Keith Heffron is a TechCXO Partner and an innovative financial leader, business owner and [...]
Outgrown Your Accounting System?
New cloud-based accounting systems, such as NetSuite, offer much more functionality, flexibility, and interactivity than traditional accounting systems. Based on their extensive experience as CFOs, TechCXO’s Finance partners can review [...]
Thoughts and Takeways from SaaStr 2019
For a second straight year, I attended the annual SaaStr conference in the Bay Area. SaaStr is a community of thousands of people - Founder CEOs, VC & PE investors, [...]
SaaS Company’s Journey to Relevance
Recently, I attended the annual SaaStr conference where thousands of people in the SaaS community - Founder CEOs, VC & PE investors, operators and service providers of all stripes – [...]
How to Keep the Payroll Toothpaste in the Tube
One of my colleagues who is a long-time CFO relayed a rule he had in his companies about people who see payroll data. Which is: you cannot get another job [...]
Board Financials
What to include (and leave out) in Board financials Many a post has been written about rules of thumb for holding effective Board meetings. People should be present, meaning actually [...]
Equity Incentives for Capital Intensive Startups
The term “capital intensive” doesn’t always mean a need for high levels of working capital for equipment and facilities. For a growing number of startups, the capital intensity comes in [...]
Outsourced CFO Guide
Companies have increasingly delayed hiring a full-time CFO until they faced a significant financial triggering event. However, with rapidly changing business models and dynamics, companies are keenly aware that expert [...]
Board Compensation Public-Pre-IPO-Startup
Compensation for directors of large U.S. companies just passed a new threshold -- $300,000 per year in total fees -- up 3.5% according to a new study by Compensation Advisory [...]
Fundraising: A Primer for the CEO
For non-finance professionals, much of what a CFO does is a mystery and more than a little daunting. Cash flow statements, 409a valuations, tax, audit, treasury, stock options, D&O insurance [...]
Best Audit Ever
BEST AUDIT EVER: FOUR GUIDELINES TechCXO partners are fond of saying credible numbers lead to credible management. Audits may not be sexy but a smooth annual audit shows your [...]
CFOs and Sales
Should CFOs Advise Sales? Yes, we did say it: most companies should have the CFO - if they are experienced and strategically-capable -- advise the Head of Sales. Here [...]
Managing Cash: Look Here
Look Inside, Outside and Across Try to run your car while neglecting the engine's oil and the results are predictable. The same is true for running your business without [...]
managing cash and optimizing profits
If you think your CFO's contribution to increased profitability is only from cutting costs, think again -- you may be looking past your biggest pro-growth asset. A New Attitude: CFO [...]
Independent Board Members
Board Management: Independent Board Members As part of your Board Management activities, we point out that you'll want to bring in an independent board member as soon as possible. This [...]
Board Compensation
Understanding Board Compensation: Update Board compensation for directors of large, publicly traded U.S. companies has passed a threshold of $325,000 per year in total fees. What’s less clear is [...]
BoomTown Case Study
BoomTown! THE CHALLENGE Balancing rapid growth with capital needs and strategic management. THE SITUATION Charleston-based BoomTown is an Inc 500 [...]