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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

Episode guests

Podcast summary created with Snipd AI

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.

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