Data will never be perfect, so continuous review and analysis are crucial for accuracy.
SaaS billing data can be challenging to analyze, requiring customized solutions like Mosaic.
Finance professionals can empower other departments by providing insights and analysis from data.
Deep dives
Importance of Data in Building Systems
No matter what system is used for building systems, data will never be perfect. It is important to continuously review and analyze the data to ensure its accuracy and avoid later discrepancies.
The Power of Technology in Finance
The roll forward podcast explores how technology can empower finance leaders to make smarter and more strategic decisions, transforming their roles within their organizations.
The Challenges of SaaS Billing Data
SaaS billing data, especially from platforms like Stripe, can be complex and high in data volume. Many businesses struggle to derive accurate and meaningful metrics from their billing data, making it difficult to analyze and make decisions.
Customizing Billing Data with Mosaic
Mosaic offers a solution to the challenges of SaaS billing data by providing a customizable framework for understanding, analyzing, and reporting billing data. With Mosaic, businesses can tailor their billing data to meet their specific needs, including filtering out irrelevant data, customizing metrics, and joining data from multiple sources.
The Role of Finance in Empowering the Business
Finance professionals have a unique opportunity to empower other departments within the organization through the use of data. By providing insights and analysis, finance can help other departments make more informed decisions and drive strategic growth.
In this episode of The Role Forward, Joe Michalowski hosts Brian Campbell, the co-founder at Mosaic. The two delve deep into the world of strategic finance, discussing the challenges and solutions of handling high-volume data.
Brian shares his experience working with Stripe, a platform often used by B2C and product-led growth companies. He highlights the rigidity of billing systems and the difficulty of changing historical data. The conversation then shifts to the importance of data cleanliness and setting up efficient processes to make sense of billing data.
The podcast wraps up with Brian emphasizing that data will never be perfect. He encourages listeners to accept this reality and focus on setting up processes that ensure the best possible data quality. This episode is a must-listen for anyone dealing with high-volume data and looking to embrace strategic finance.
Guest-at-a-Glance
💡 Name: Brian Campbell 💡What he does: Co-Founder 💡Company: Mosaic 💡Noteworthy: Brian brings a wealth of experience in dealing with high-volume data as a strategic finance leader and product leader at Mosaic. 💡 Where to find Brian: LinkedIn
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