Sam McQuade CFO fractional CFO offers flexible short term projects? Looking to hire your first CFO or need interim coverage? We offer solution CFOs for urgent very short term objectives and longer term engagements. Customizable with clear pricing so you solve the needs of your business and don’t have to rush into a potentially very bad and expensive full time hire. Sam McQuade CFO has successfully scaled his decades old ideas into an innovative full-service Financial Partner Solution for incubators, startups, emerging business concepts as well as well-established international companies, corporations and organizations with the introduction of Panterra Finance. The Panterra Finance professional executive team members are equipped to provide an industry leading concept of an on demand Fractional CFO and Interim CFO during pivotal transitions. Read extra info on Sam McQuade CFO of Panterra Finance.
CFOs usually are responsible for key finance functions which have included broad categories of accounting, treasury, financial planning and analysis (FP&A), controls, compliance, tax, and audit. Going forward towards 2022, the same functions exist, but they are getting more automated, so the CFO can focus more on forward perspectives. Storytelling requires strong emotional intelligence and solid communication skills. Here’s the four key areas the CFO can be messaging: Why & Purpose: Communicating the “Why” is one of the strongest messages the CFO can deliver. It’s not only the reason for the corporate existence, but it’s also very motivational for all the stakeholders. This message should be repeated frequently and consistently to make people feel the genuine purpose.
The main goal of a DAO is to decentralize power. In a traditional organization, the power is concentrated in the hands of a few people. This can lead to corruption and cronyism. With a DAO, the power is decentralized, and it is distributed among all the members of the organization. This makes it much more difficult for any one person or group of people to abuse their power. A better real-life example is Ukraine DAO, which is a fundraising effort to help the people of Ukraine in the current war against Russia. It collects and distributes funds to various Ukrainian charities. The funds are collected through Ethereum’s smart contracts, and they are then distributed to the charities according to the code that governs the DAO.
In these early years of creating innovations in the corporate C-Suite, Sam McQuade nurtured and created a maverick approach to new finance operations for Stryker as it broke through to the lucrative emerging markets in Central and Eastern Europe (CEE)). While approaching the markets in the growing economies of Poland, Czech Republic, Hungary, Croatia and Romania, Sam McQuade was recognizing the need for Interim and Fractional CFO’s for the avalanche of incubators and startup companies in these underdeveloped economies that were on the cusp of being integrated into modern International Finance systems and markets.
A lot of our clients at Panterra Finance ask us about DAOs, what they are, and how they work. So we thought it would be helpful to write a blog post explaining them. Before getting into DAO, a brief few things about blockchain. A blockchain is a decentralized and distributed digital ledger that records transactions on many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network. Sounds complicated? Let’s take an example to understand this better. Suppose there are two people, A and B, who want to transact with each other. A wants to buy a product from B worth $100. In the old way of transacting, A would hand over the $100 to B, and B would hand over the product to A. This process is called ‘centralized’ because there is one central entity, in our case, a bank or PayPal, through which both parties have to go through to complete the transaction.
Selling your business or looking to buy others? Our experts can lead the deal and make sure that you have a thoughtful ownership transition. We are happy to provide second opinions on valuations as well so you have another perspective and feel better before your close the deal. Read extra details at Sam McQuade.