“We use Zuora… Workday's Adaptive Planning, we use Blackline, we use Koopa… we’re pretty much able to close the books in about three days… I can spend 85% of our month looking forward.”

Todd McElhatton’s finance team · Run the Numbers · Zuora’s COFO On Going Private and Pricing AI | Todd McElhatton

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What was described

use Zuora, Workday Adaptive Planning, Blackline and Koopa to close the books in about three days and allocate 85% of the month to forward-looking activities

3 days close, 85% of month forward-looking

Said nearby on the same subject

“Business had closed out the year with about 4.5 million in revenue, about a 1.2 million in earnings ... 85% of our book is recurring ... churn is five to seven points a year”
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Said on Acquiring Minds
Hard number $4.5M revenue, $1.2M earnings, 11 employees, 85% recurring, 5-7% churn Share this moment
“We had a team of three of us... I take the maths, I do that planning, that adaption. Then we'd come back together and say, okay, here are some of the things that we're really going to have to focus on.”
JD
James Dobson
Teacher Takeaway ·
How they work Share this moment
“Instead of 10 day or 15 day close, you can get to a two to three day close, it does take quite a lot of work and organization and reviewing your step by step workflows that gets you there.”
JR
James Van Roussel
CFO Weekly ·
How they work 10-15 days → 2-3 days Share this moment
“Baby boom population controls close to 50 to 60% of the wealth ... asset allocation ... close to 70, 75% stocks”
BK
Brij Khurana
Alpha Exchange ·
Hard number 50-60% of wealth; 70-75% stocks allocation Share this moment

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