10 Tips & Tricks to Support Scalability and Growth: Working Together to Expand the Impact of Planful

00:00

0.5
1
1.25
1.5
1.75
2

This is a podcast episode titled, 10 Tips & Tricks to Support Scalability and Growth: Working Together to Expand the Impact of Planful. The summary for this episode is: <p>Throughout an organization’s financial transformation journey, the bridge between finance and accounting is essential to the success and future growth of a company. Join IPG Photonics’ finance and accounting duo Elizabeth Garrett and Kayode Yusuf as they dive into the best practices they discovered in reiterating their Planful model, and how they approached expanding the relationship between finance and accounting to automate multiple-entity consolidation, reporting, and scale with their business.</p>

Key Takeaways

How we grew with Planful as we grew by acquisition: Scaling from $300M to $1.2B in revenue

01:12 MIN

How implementing Planful created efficiency gains with more ways to leverage the entire platform

03:47 MIN

Taking advantage of report collections as the biggest win to scale 30 plus entities

00:49 MIN

Automation techniques that lead to more data-driven insights, better decision-making and overall business performance

01:36 MIN

More big wins with standardization processes

02:20 MIN

Optimizing currency exchange rates for 30 plus entities

00:43 MIN

Better time management through data load rules

00:38 MIN

DESCRIPTION

Throughout an organization’s financial transformation journey, the bridge between finance and accounting is essential to the success and future growth of a company. Join IPG Photonics’ finance and accounting duo Elizabeth Garrett and Kayode Yusuf as they dive into the best practices they discovered in reiterating their Planful model, and how they approached expanding the relationship between finance and accounting to automate multiple-entity consolidation, reporting, and scale with their business.