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Seminar Recording

Managing Financial Technology Through Times of Change

Date: Thursday, February 13, 2014
Time: 1:15 pm - 2:15 pm EST There are no CPE Credits for this Solution Demonstration.
What can a company do when its financial systems stop meeting its needs? For modern businesses, such technology is crucial in day-to-day operations, providing automation, security and controls. But M&A activity, changing business models, and evolving accounting regulations can create an environment where this infrastructure no longer keeps pace. At the same time, replacing an entire system usually means substantial cost, risk, and disruption.

This session looks at how companies can augment existing enterprise systems to address new billing and revenue recognition needs without the pain of a full rip-and-replace. A practical example is provided by State Street - Princeton Financial Solutions business unit CFO Kenneth Riley, who successfully implemented an ERP augmentation strategy that allowed PFS to continue meeting GAAP billing and revenue recognition requirements, improving reporting and efficiencies while working within the context of its parent company’s systems.

Speakers: Ken Riley, VP of Finance/Division CFO, State Street, Graham Hulme, Director of Product Management, SOFTRAX

Presentation delivered at ProformaTECH 2014 - http://www.proformatech.com

Track: Finance Technology Landscape | Session: 1

finance, accounting, treasury, cfo, technology, finance technology

Speakers

Graham Hulme, Director of Product Management, SOFTRAX
Graham Hulme
Director of Product Management, SOFTRAX
Graham Hulme has more than 15 years of experience in product management and account management roles at software and technology companies. Mr. Hulme’s background also includes more than a decade of advanced knowledge of billing and revenue requirements. Responsible for the planning and execution of product strategy, Mr. Hulme has managed the successful release of industry leading financial software, including the transition to cloud-based, subscription-model products. Mr. Hulme also oversees the Technical Support, Development, Product Management, and Professional Services teams, and as such manages key relationships with high-profile customers.
Ken Riley, VP of Finance/Division CFO, State Street
Ken Riley
VP of Finance/Division CFO, State Street
Mr. Riley currently serves as CFO for the Software Solutions group within State Street's Global Exchange business unit. Prior to joining Princeton Financial Systems/State Street, Mr. Riley served as Controller, VP of Finance or CFO of a number of private and public companies, including IntegriChain, Voxware, Cornerstone Management Solutions, Base Ten Systems, Atlantic Business Products and Decision Technology. Earlier, he was a member of the audit staff of Ernst & Young. Mr. Riley is licensed as a Certified Public Accountant in New Jersey and New York, and earned his BS in Accounting from the University of Delaware.

Sponsor

Event Sponsor SOFTRAX
SOFTRAX - SOFTRAX is a leading provider of enterprise revenue management and billing software solutions that fundamentally change the way companies manage, analyze, report, and forecast their revenue. SOFTRAX solutions automate the entire revenue cycle, from revenue recognition, reporting and forecasting, through complex billing and contract renewals. Hundreds of corporations benefit from using SOFTRAX to optimize their revenue, reduce operating expenses, comply with revenue recognition regulations and Sarbanes-Oxley requirements, and gain unprecedented visibility into their business performance.
By filling out this form you will become a member of Proformative, and are subject to Proformative's User Agreement. This webinar is provided to you for free by the sponsor, who may contact you later.

There are no CPE Credits for this Solution Demonstration.