Listen "Mistakes to Avoid When Building Your Finance Tech Stack"
Episode Synopsis
In this episode of Finance Focus, host Brendan Ritchie is joined by Ross Sardi (CEO, First Focus) and Jared Morris (CEO & Founder, Balden) to unpack one of the biggest challenges facing modern finance teams — choosing the right technology stack.Together they explore why so many Australian businesses are frustrated with legacy ERPs, what’s driving the shift to modular, cloud-based finance tools, and how to build a curated, best-in-class tech stack that keeps your data accurate, decisions fast, and teams happy.💬 Key discussion points:- Why most ERPs create more problems than they solve- The real cost of manual processes and disconnected tools- How process mapping can transform your finance operations- What an ideal modern finance stack looks like (and the tools behind it)- The importance of single-source data entry for real-time reporting- How Australian mid-market businesses can build smarter, scalable finance systems📈 Whether you’re a CFO, COO, or finance leader in a growing Australian organisation, this episode will help you modernise your finance systems.🕒 Key Chapters0:00 Intro – Welcome to Finance Focus: Building the Right Finance Tech Stack0:35 The Problem with Current Finance Tools – Frustration, manual work, and gut feel decisions1:45 No Single Source of Truth = Slow or Bad Decisions – Why data trust is everything3:50 The ERP Headache – Why so many businesses are ditching legacy systems6:20 The Shift to Best-in-Class Apps and APIs – From all-in-one to curated stacks10:30 Mapping Processes Before Tech Decisions – The key to building a fit-for-purpose stack13:45 Real-World Example: Xero, Unleashed, Lightspeed, Shopify + Causal16:10 Avoiding App Bloat and Driving Adoption – Designing systems around people18:50 Wrap-Up – Finance Tech That Empowers Better Decisions
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