Tim Brown

  • ASC 842 Compliance and Your Vehicle Program Lease accounting used to be a Wild West of off book expenses. The culprit? A loophole in the Generally Accepted Accounting Principles (GAAP) set forward by the U.S. Securities and Exchange Commission. But in early 2016, the Financial Accounting Standards Board (FASB) established a new set of rules…

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  • Everyone’s heard the phrase “the customer is always right.” Odds are, you’ve used it at least once in your life to explain a situation or to end an argument. In today’s customer-focused world, where personal expectations are quickly applied to the business world (free shipping anyone?), it’s more important than ever to take a customer-centric…

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  • I recently attended the Financial Force Community Live 2017 and Host Analytics World conferences. Both events were great opportunities to connect with other finance and technology thought leaders and discuss trends happening in the industry. Attending these conferences is worthwhile for both customers and those interested in learning about the future of finance leadership. These…

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  • In a recent CFO Corner post, I talked about how the responsibilities of the CFO and CTO are overlapping and we’re finding ourselves working more closely together to achieve similar goals. Then news broke about the WannaCry ransomware attack and it felt relevant to discuss how finance leaders can protect their businesses from cyber threats….

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  • As finance leaders, we’re responsible for uncovering cost savings and increasing efficiency across the business. Finding opportunities to operate more efficiently is a common challenge for CFOs across all types of industries. At Motus, we’re able to find cost savings and optimize cash flow through how we manage our business expenses. One of our primary…

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  • CFO and CTO interdependence. It’s an emerging trend in businesses today, particularly SaaS (Software as a Service) companies. The Finance and Technology functions are working more closely together to achieve collective goals. I’ve experienced this in my role at Motus. The responsibilities of our Finance and Technology teams overlap. We’re depending on each other to…

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  • Finance teams have always been responsible for reporting on the health and performance of their businesses. Historical reporting according to GAAP, however, doesn’t always present the clearest picture of the trajectory or provide the insights for the management team. From the CFO’s perspective, a key challenge is the shift from reconciliation to a greater focus…

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  • A CFO’s job requirements and responsibilities have evolved. They aren’t strictly number crunchers and finance gurus as they were in the past. They’re also strategic architects, trusted advisors to CEOs, and leading communicators in the Boardroom. To maximize business goals, they need to be a “renaissance man.” What hasn’t changed, though, is that the CFO…

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  • Empowering CFOs with Cloud-based Technologies The role of the CFO is changing across every type of business. Over the last two decades, we’ve witnessed the advent of tech that increases our ability to interact with business data from nearly any location. Software-as-service, smartphones and robust mobile networks have all contributed to this change. The cloud-based…

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