Listen "#7: The CFO's Playbook | Sustainable growth, technology, and people-powered finance with Melissa Hurrington (CFO, Premier Claims)"
Episode Synopsis
In this episode of The Efficiency Code, we're joined by Melissa Hurrington, CFO and VP of Operations at Premier Claims. Melissa shares insights into scaling a business sustainably, balancing rapid growth with operational and financial discipline, and navigating the complexities of cash flow in the public adjusting industry.Melissa delves into how her "1% better" philosophy informs her leadership style and decision-making process. The discussion covers everything from selecting the right technology investments to managing change within an organization and staying adaptable in fast-paced environments.Key topics include:Defining and achieving sustainable growth.Using gut instinct and ROI analysis in technology investments.Building a culture that embraces change while mitigating employee fatigue.Managing exponential growth and its unique cash flow challenges.Aligning CFO and operational roles to foster organizational efficiency.This episode provides actionable strategies for CFOs and business leaders looking to scale while maintaining operational integrity.Timestamps:(00:00) -- Introduction to the episode and Melissa's background.(03:00) -- Melissa's philosophy on sustainable growth.(07:30) -- Balancing flashy tech solutions with long-term sustainability.(10:45) -- Negotiating trial periods for SaaS implementations.(15:00) -- Managing internal change and fostering a resilient company culture.(24:00) -- Using the Entrepreneurial Operating System (EOS) for goal alignment.(30:00) -- Merging CFO and operational responsibilities for better business outcomes.(33:30) -- Addressing cash flow challenges in a delayed revenue cycle.(41:30) -- Proactive communication for faster claim settlements.(43:00) -- Final advice for controlling SaaS and cloud costs while driving growth.
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