CFO Yeah!

#33 The Future of Financial Data with Joe Garafalo of Mosaic

Jul 29, 2022

Joe Garafalo, financial data expert, discusses the future of finance, leveraging data for decision making, and moving from reactive to strategic CFO approach. They explore challenges of financial data management, risk of adopting new tools, flexibility of financial data software, trusting financial data, raising funding, importance of experience, and significance of CRMs for finance leaders.

27:53

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Episode guests

Joe Garafalo

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Quick takeaways

Breaking down silos and connecting systems will be crucial in the future of finance.

Mosaic aims to provide real-time access to integrated data, empowering finance teams to become more strategic.

Deep dives

The Origins of Mosaic: Solving Finance Challenges

Joe Garofolo shares his journey from working at Palantir to co-founding Mosaic, a finance software company. Palantir's experience with building financial models and analyzing data led to the creation of Mosaic, which connects various cloud-based tools and integrates them into a central database. This allows CFOs and their teams to ask questions about the business and get reliable answers quickly. The success at Palantir prompted other departments to request access to Mosaic, changing the way decisions were made.

Introduction

2min

Building a Finance Team and the Challenges of Financial Data Management

11min

The Risk and Rapid Deployment of Financial Tools

2min

The Flexibility and Customization of Financial Data Software

3min

Trusting Financial Data, Customer-Centric Mindset, and Future Plans for Mosaic

6min

Raising Funding, Importance of Experience, and the Value of Salesforce

2min

The Importance of CRMs and the Emergence of SalesOps and RevOps

3min

“The future of finance is all about breaking down silos, connecting the systems across the business and producing analytics and models at fast speed, which other people across the business can actually consume.”

Mastering data is one of the main keys for businesses to navigate and operate at their best in the future of work. And Joe Garafalo’s team at Mosaic is working to make that a reality everywhere.

Joe got serious about financial data at Palantir, where he helped build an internal tool to connect various SaaS platforms. This turned into a prototype for Mosaic, a tool that gives companies data to make better decisions.

In this episode of the CFO Yeah! podcast, we discussed the future of finance, and how CFOs can leverage data to position their function at the center of company decision making. He also dispenses great advice on how CFOs can move from a reactive to a strategic approach.

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CFO Yeah!

#33 The Future of Financial Data with Joe Garafalo of Mosaic

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

The Origins of Mosaic: Solving Finance Challenges

Mosaic's Solution: Breaking Down Silos and Unifying Data

The Shift to Strategic Finance and Mosaic's Role

Remember Everything You Learn from Podcasts