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Chris Caleb

VP of Finance at Benco Dental

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Thinking about your organization as a whole, what would you say are its top business objectives for the next two years?

Strategy & Architecture

Growth / market share

Digital business / digital transformation

Profit improvement

Innovation / new products

Customer focus

Corporate M&A

Technology Improvements

Cost Optimization

Operations improvement

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7.5k views4 Upvotes

In this gig economy we live in, which is growing rapidly, how many of you have used talent agencies, for specialized professionals on an as needed basis, to ramp up quickly and get a project done?

Talent Management & Performance Financial Management

Yes, we use external talent agencies often

Yes, we use external talent agencies rarely

No, we only leverage internal staff

Not sure, I see people come and go not sure if they are internal staff or external talent

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15.7k views4 Upvotes4 Comments

What's the most important friction in deploying Robotic Process Automation (RPA) in your company?

People & Leadership Applications & Platforms Engineering+14 more

Cost of RPA products

Lack of developers who can code RPA applications

Amount of customization needed to automate business processes

Lack of RPA code maintenance resources

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11.7k views5 Upvotes8 Comments

CFOs and finance leaders, what actions are you considering to address the talent shortage?

Talent Sourcing & Hiring Culture & Values Talent Management & Performance

Investing in upskilling

Automating manual tasks

Outsourcing/offshoring

Expanding recruiting or staffing team

Lowering some job qualifications/requirements

Increasing hybrid or flexible work arrangements

Increasing benefits

Increasing compensation

Something else (comment below!)

We aren't experiencing a talent shortage/we don't plan on doing anything

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1.6k views1 Upvote1 Comment

Why do you think finance is behind the other departments in the business when it comes to investing in and using the latest technology?

Financial Management Finance Disruptive & Emerging Technologies

Due to need for financial statements to be accurate

Due to lack of investment in Finance department

Due to lack of skillset among Finance

Due to risk adverse nature of finance professionals

Due to overdependence on spreadsheets

Other (Please Comment)

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1.1k views4 Upvotes7 Comments

Why do you think are we seeing such a decline in people entering the accounting profession?

Finance Financial Management

Tedious and manual work

Work-life balance

Educational requirements (e.g. CPA)

Starting salaries too low

Less difficult paths to enter business world

"Boring" stigma

Something else (comment below!)

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762 views1 Upvote1 Comment

Is Excel still the best tool for nearly everything FP&A related?

Finance Financial Management

Yes

Yes, but only if your business is a certain size

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838 views3 Upvotes3 Comments

As the scope of the CFO role grows, is having a more traditional accounting background still important?

Talent Sourcing & Hiring Personal Development Team & Organizational Design+3 more

Yes

Unsure

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709 views1 Upvote

How do CFOs ensure that their businesses are governed in a responsible and ethical manner?

Peer Insights People & Leadership Process Management+1 more

Create a culture of transparency and accountability

Appoint a board of directors with a strong ethical track record

Engage with stakeholders to get their input on corporate governance

Report on corporate governance practices to shareholders

Other (comment below)

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43 views1 Comment

How does your company share financial info with employees internally?

Culture & Values Finance Financial Management+1 more

All Employee Meeting

Shared with Leadership who then cascades it down

Only shared with Leadership

Other

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292 views4 Comments

Can you share your experiences deploying advanced analytics in finance—do we need data scientists or can proficient finance professionals handle it?

Finance

Chris CalebVP of Finance at Benco Dental in Healthcare and Biotech6 months ago

Depends on what analytics you are doing. In many cases there are really good pre-built analytic products that can be picked up and run by Finance professionals. If you are doing more experimenting and developing something ...read more

427 views1 Comment

Have you found a reliable method for evaluating the ROI on any GenAI investments you've made? Is it any different from other technology investments?

Generative AI Finance Financial Management

Chris CalebVP of Finance at Benco Dental in Healthcare and Biotech6 months ago

As with any new technology measuring an ROI can be difficult, if not impossible. These investments can be incredibly innovative and game changing.

My recommendation would be to have clear guidelines and budget on how ...read more

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670 views1 Upvote2 Comments