Going fast seems to be something you enjoy outside of work, too. We hear you also race cars?
Yes, it’s my hobby. I race Porsches, at places like Daytona and Sebring and tracks in the Northeast. I enjoy the precision of racing, and being able to do it fairly well. And, it’s fun to go fast.
You’ve been a CFO for much of your career. What are the biggest challenges facing today’s CFOs?
Government regulation still tops the list for most organizations. Yet there’s also a great challenge in getting the right information to people who need it on a timely basis. This has always been a huge challenge, but it’s intensified because of the internet—it’s changed people’s expectations for information delivery. Just like being able to quickly search something on the internet, they want information instantaneously.
For CFOs and their teams, this means getting out financial information with context around it very quickly. For example, our business managers want to know how patient volumes are tracking against their plans and revenue predictions to determine how to manage staffing.
Simply put, the finance team’s customers want information much more quickly than they’ve ever received it before. And that’s not just the internal customer—that includes banks, investors, auditors, and more.