Tag Archives: technology business strategy

SaaS Key Performance Indicators (KPIs) for Fast-growth Companies in Healthcare

Did you know that the healthcare industry brings in $1.68 trillion in revenue annually? As a profitable industry, many companies want to break into this market segment through innovative new solutions. However, ensuring the business is performing effectively and profitably is imperative to its long-term success. If you offer Software as a Service (SaaS) applications …

Reasonable Cybersecurity Measures

There are two facts about cybersecurity that are undeniable: 1.) No business entity is immune to cybersecurity risks. 2.) There is no singular, “one-size-fits-all” answer to mitigating cybersecurity risks. With that in mind, what should we be doing to ensure we have done what is necessary to protect our organizations’ data from malicious actors?  The …

Top 5 Benefits of Using Fractional CIO Consultants

Successful businesses today recognize the importance of aligning corporate objectives and company growth plans with technology strategies. However, not all companies require a full-time, permanent internal IT or technology team. Instead, many businesses have come to recognize they can leverage fractional CIO consultants to develop and implement technology business strategy. What is a fractional CIO? …

Understanding the Technology Value Lifecycle Approach

Technology risk exists on many levels, but so does opportunity. This opportunity comes in the form of the recognition of real value from technology investment and utilization through improved employee efficiency, information sharing and collaboration, and culture. Individually in our personal lives, we are quick to select apps from our respective app stores, which we …

Why Companies Implement a SaaS Model

Are you using the right SaaS metrics to guide your business? Recently, I wrote a whitepaper on the SaaS model and key performance indicators that should be identified and tracked to improve performance and transparency, and provide a measureable road map to growth and success. From the whitepaper titled, “Software as a Service: Key Performance …

Processes and Systems Save the Day

In an earlier post, “Do you “really” know your financials?”, you might remember the story about how the company thrived and managed their risk so as to not be significantly threatened by the recession. There is more to this story when you look “under the covers” of what really went on… A key element of …

Defining what a CFO does

We get that question frequently, often from entrepreneurs who are growing their business. They are familiar with bookkeeping and perhaps accounting, but often not with true CFO-level financial management. The core responsibilities of a CFO might be summarized as follows: Accounting for transactions and economic events (usually through use of or supervision of an accounting …