LLR CFO Collaborate 2017
June 26, 2017
In June 2017, LLR hosted its portfolio CFOs for a day of networking and idea-sharing on topics critical to the growth of their companies. Part of LLR’s series of collaboration opportunities, the CFO Collaborate summit enabled attendees from across our technology, services and healthcare businesses to engage in peer discussions on how finance leaders can help drive strategic growth.
CFO’s Role in Value Creation
By learning the business rather than simply reporting on the numbers, the CFO can drive a deeper level of accountability and alignment across his or her organization and help transform the company’s revenue potential. After LLR’s Mitchell Hollin kicked off the day with an update on the LLR portfolio and continued investment focus, experienced CFO and LLR Senior Operating Advisor Bill Tobia led a discussion on maximizing the CFO’s role in value creation, including: developing a culture of visibility (read Bill’s article on this topic), building a bond between operations and operating results, and elevating the performance of everyone in the company.
FP&A Best Practices: Generating Insights, Not Just Data
Hal Polley and Sanjeev Parlikar from Accordion Partners continued the value creation discussion with a focused workshop on FP&A. They addressed: defining the strategic FP&A role, budgeting and forecasting best practices, insight-driven reporting and analytics, and architecting an FP&A foundation for high performance.
Carry the Ball: How to Quarterback an M&A Process
M&A is a highly complex growth strategy with multiple stakeholders to manage and boxes to check, but it is also a key area where the CFO can drive value. Barry Smith and Matthew Estadt from Pine Hill Group led an interactive discussion on how the CFO can (and should) quarterback the M&A process to effectively manage internal and external resources, as well as position an acquisition for success by through advanced integration planning.
Read more about LLR Partners’ series of Collaboration events for companies in our portfolio and in our network.