Zyla: The Finance team I oversee, it’s fun and it’s broad. You have Business Intelligence, I have Investor Relations, Corporate Development, Communications, and PR are part of our Finance team, which is somewhat unusual. Sometimes, we have FP&A, of course, we have Controllership. But, the Business Intelligence is amazing. And, I think in many companies, depending on the type of company you are, you could drop Business Intelligence in a couple different areas. It could sit in IT, I wouldn’t recommend it, but it could sit in IT because it’s very IT-focused because you got to be able to process data. It could sit in Sales, because oftentimes Business Intelligence is so focused on predictive metrics and whatnot for Sales. It could sit in a Strategy group if you had a separate Strategy group.Read More
I think in our company, and I’m lucky, Finance is very strategic, obviously that’s why we’re talking, it’s very, very strategically-based and so it really fits well here. Our Leader of VI, she has this one balances it, beautiful balance between being able to talk IT, which I cannot, so I don’t know what she’s talking about. She can talk that IT, and what she can also talk the Business and talk with our Business Leader, Sales Leaders, etc., of what they’re looking for. And, the team now is about seven or eight, 50- person financing for scale. Financing is about 50 people. The VI team itself is about seven folks. And they not only collect the data and make sure they’re the source of truth, like I said, they’re what goes in our 10K, in terms of all our statistical numbers. They also take that data and they actually do compensation based off of it. So they handle the compensation for our Sales team. And so they’re the source of truth for our Sales team for very a important thing, they’re what they’re getting paid.
And so, they are essential. And I think while on my particular team, it all works well together. They they take data from Controllership, obviously, and they give data to Controllership for, like I said, our SEC filings. They work with our FT&A team, who does our forecasting and our modeling. And they work actually with our Communications team because when our Communications team wants to go out and talk about our company, they need that type of data for them. And of course they work with our front-end business all the time, in terms of trying to find predictive metrics and whatnot.
CFO Guest: Gary Zyla of AssetMark
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