CFO Talk: Data Analytics for Finance Leaders with Prashanth Southekal - Part I

Welcome to CFO Talk. I am your host Steve Rosvold, Chief Learning Officer at CFO.University. Joining us today is Prashanth Southekal, Founder and Managing Director at DBP Institute a boutique enterprise data analytics firm based in Calgary, Canada. Prashanth has mechanical engineering and IT degrees from two national institutes in India, Master’s degrees from Cornell and Northwestern University in the United States and a PhD in philosophy from the University of commerce in Lille, France. When he is not working with DBP clients, he is an adjunct professor at IE Business School in Madrid, Spain and serves as an executive data analytics advisor to several companies. He has also written a two books. Today, Prashanth will be addressing data analytics for finance leaders with our members scholars. Welcome, Prashanth. It is great to have you on the show.

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5 Considerations for Your Third-Party Risk Management Program

The overarching principle in Third Party Risk Management is to realize that third party management is a relationship with a defined life cycle. A robust, structured program devised and developed by the CFO to mitigate these risks can protect corporate reputation and shield executives, board members and other management from personal and professional liability.

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What every CFO needs to know about the tech revolution in Accounts Receivable

Even senior finance leaders sometimes overlook Accounts Receivable as a necessary but somewhat mundane function, or see it as unpleasant due to its potential for human conflict. Anyone who has spent time collecting accounts will relate to that. Fortunately, this all could be changing as strategic and imaginative technology is applied to key pressure points within the process.

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Why is Data Missing from the Balance Sheet?

I have been asked many times, “Is data a business asset?”. Why is it that an intangible asset like data is not in the company’s balance sheet - a statement of the assets, liabilities, and capital of a business at a particular point in time? Technically, an intangible asset is a non-physical asset that has a multi-period useful life. Examples of intangible business assets are patents, copyrights, customer lists, trademarks, brand names, logo, and data. While data in the recent years has provided competitive advantage to many companies, five key reasons make it challenging for data to find a place in the balance sheet.

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CFO Talk: Data Analytics for Finance Leaders with Prashanth Southekal

In this CFO Talk Steve invites Data Analytics expert Prashanth Southekal to share his expertise on an area of growing importance to the CFO, Data Analytics. Prashanth’s crisp, lesson-filled answers squarely address Data Analytics from the CFO and business leaders perspective in eye popping fashion. I encourage you to have a word document open and your keyboard ready throughout this interview. There is a lot to be learned.

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