Unlocking Financial Dilemmas and Digital Strategy
We love data. The ability to leverage information to support future decisions is the best way to ensure success long-term. While making plans, we found ourselves reflecting on a financial opportunity and began researching who could support us in that review. That research led us to Terrell Turner and the TLTurner Group and were we impressed. Terrell approaches data with a very similar approach and has an incredible perspective on the financial side of manufacturing and distribution. Join us to learn:
Takeaways
- Why profit/return are not the only ROI figures to review for digital projects
- It pays to hire good help – The cost of being slower
- The advantages smaller organizations need to utilize over their larger counterparts
00:00 Introductions
07:01 Using Financial Models to Simulate Revenue Strategies
10:49 How Efficiency Impacts Return on Investment
13:52 Advice for Realizing the Most Benefit on Digital Commerce Projects
20:47 How Technical Products Can See Digital Success
24:14 Small Companies Can Compete with Larger Organizations
28:32 How Finance Teams Support Innovation
32:16 TLTurner Group: What They Do & Why
Terrell Turner is the managing partner of the TLTurner Group an accounting and fractional CFO firm that focuses on helping businesses make sense of their financial data so they can use it to make better money decisions. Prior to launching his firm Terrell served in several finance leadership roles with multiple global industrial manufacturing companies from roles involving plant operations all the way up to a corporate strategy for a $15B manufacturing company. Although accounting and finance is his technical background Terrell always understood and would tell others if we don't know how to connect the financial numbers back to the underlying processes and the technology that drives it all we really won't be able to make smart money decisions.
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