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Stock impact report

Campfire CEO targets ‘systems-first' accounting approach [Yahoo! Finance]

Bill.com Holdings, Inc. (BILL) 
Last bill.com holdings, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
In the face of an ongoing shortage of talent and evolving technologies that promise to remove some of the pain points of historically manual processes, today's finance chiefs are starting to think differently about how they search for accounting professionals. CFOs today are “very focused on systems forward accountants in the hiring process,” John Glasgow, CEO, CFO and founder of enterprise resource platform startup Campfire said. Nowadays, finance chiefs are looking for leaner teams that can do more forward-thinking work — they “don't want the accounting team to grow linearly with the business,” Glasgow told CFO Dive in an interview. Instead of seeking 30 accountants for the team, “we want three, and we want them doing more strategic work, but we need everything to be accurate,” he said of CFOs' perspectives. Rebuilding at the core Glasgow founded Campfire with the aim of alleviating some of the historic pain points of legacy ERP platforms at a time when many finance leaders Show less Read more
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