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Finger on the Pulse: The Power of Digitization with Jaye Connolly-Labelle
This episode features an interview with Jaye Connolly-LaBelle, Chairman and CEO of RippleNami, Inc., a global technology company that has redefined a simple-to-use technology platform leveraging artificial intelligence, blockchain, and data visualization, and currently has a keen focus in Africa.
Jaye boasts an impressive 35-year career in finance, technology, audit, healthcare, and M&A, with extensive leadership experience including key C-level roles at both private and publicly traded corporations.
On this episode, Jaye discusses why successful CFOs embrace data and technology, why traceability and transparency are the buzz words of the future, next-gen applications for blockchain and cryptology, and why Africa is a greenfield opportunity that will have the largest marketplace in the world by 2030.
Key Quotes
“Right now CFOs are probably at about a 50% digitization rate…I think in order to be a successful CFO, you need to have everything at your fingertips. Being a CEO of an international company, every system we use, everything is cloud-based, and at any given time, whether I'm on an airplane or in the middle of the jungle, I can look and see where we are from a sales perspective, from a project perspective, from a cash perspective, all on my phone.”
“Covid shined a light on the importance of digitization. And I do think you're going to see a very large adoption trend to that end…Leveraging technology is the only way to go forward…I think people are intimidated by technology sometimes, [but] I think Covid has helped out digitization, and the global economy and the fast pace that we're moving with technology has helped to get CFOs more apt to adopt digitization.”
“I do think [without tech adoption] there's a blind side, and there is risk because you don't know in real time what's really going on...As the CFO, you're the organization that keeps the lights on in a company. It's the most important part of the organization.”
“[Data] is everything. I'm a believer in data…data on a spreadsheet is meaningless, but data in a real-time dashboard is powerful--if I have to go hunt and look for what I need, versus if I can build an AI business intelligence tool that tells me what I need…You have to have your finger on the pulse, and it is data-driven.”
“I'm a former auditor, so I like to look at the whole entire process and see how I can improve it. Process improvement--whether it's a technology, whether it's a person, whatever that resource is--to streamline your process from top to bottom. I think that's important for a first-time CFO.”
Sponsor
The Invisible Vault is powered by the team at Kyriba, the global leader in cloud treasury and finance solutions, empowering CFOs and their teams to transform how they activate liquidity as a dynamic, real-time vehicle for growth and value creation. To learn more visit www.kyriba.com
Links
Follow Tom on Twitter
Find Jaye on LinkedIn
View all episodes
By Kyriba
5
1616 ratings
This episode features an interview with Jaye Connolly-LaBelle, Chairman and CEO of RippleNami, Inc., a global technology company that has redefined a simple-to-use technology platform leveraging artificial intelligence, blockchain, and data visualization, and currently has a keen focus in Africa.
Jaye boasts an impressive 35-year career in finance, technology, audit, healthcare, and M&A, with extensive leadership experience including key C-level roles at both private and publicly traded corporations.
On this episode, Jaye discusses why successful CFOs embrace data and technology, why traceability and transparency are the buzz words of the future, next-gen applications for blockchain and cryptology, and why Africa is a greenfield opportunity that will have the largest marketplace in the world by 2030.
Key Quotes
“Right now CFOs are probably at about a 50% digitization rate…I think in order to be a successful CFO, you need to have everything at your fingertips. Being a CEO of an international company, every system we use, everything is cloud-based, and at any given time, whether I'm on an airplane or in the middle of the jungle, I can look and see where we are from a sales perspective, from a project perspective, from a cash perspective, all on my phone.”
“Covid shined a light on the importance of digitization. And I do think you're going to see a very large adoption trend to that end…Leveraging technology is the only way to go forward…I think people are intimidated by technology sometimes, [but] I think Covid has helped out digitization, and the global economy and the fast pace that we're moving with technology has helped to get CFOs more apt to adopt digitization.”
“I do think [without tech adoption] there's a blind side, and there is risk because you don't know in real time what's really going on...As the CFO, you're the organization that keeps the lights on in a company. It's the most important part of the organization.”
“[Data] is everything. I'm a believer in data…data on a spreadsheet is meaningless, but data in a real-time dashboard is powerful--if I have to go hunt and look for what I need, versus if I can build an AI business intelligence tool that tells me what I need…You have to have your finger on the pulse, and it is data-driven.”
“I'm a former auditor, so I like to look at the whole entire process and see how I can improve it. Process improvement--whether it's a technology, whether it's a person, whatever that resource is--to streamline your process from top to bottom. I think that's important for a first-time CFO.”
Sponsor
The Invisible Vault is powered by the team at Kyriba, the global leader in cloud treasury and finance solutions, empowering CFOs and their teams to transform how they activate liquidity as a dynamic, real-time vehicle for growth and value creation. To learn more visit www.kyriba.com
Links
Follow Tom on Twitter
Find Jaye on LinkedIn