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The role of finance and accounting executives at software companies is transforming rapidly.  What was once the purview of sales – forecasting revenue, is now our responsibility.  And this is made even more challenging by the changing guidance on revenue and expense recognition with the introduction of Contracts under ASC 606.

On June 25, we brought together a panel of experts to discuss this important topic. During the webinar, we asked our panel to share their experience on these critical topics:

  • What makes up a Contract and why is it important to know?
  • What impact do Contracts have on the accounting department and reporting?
  • What can you do to more easily implement the new requirement into your business?

Please contact Chris Grady at cgrady@accttwo.com with questions or to further the conversation.


About the Presenters

Frank Milone2Frank Milone
Partner, Fiondella, Milone & LaSaracina, LLP

Frank Milone has over 20 years of experience providing audit and advisory services to technology, biotechnology, medical device, manufacturing, consumer products and service companies. In 2002, after 10 years at a national accounting firm, Frank and two fellow colleagues formed Fiondella, Milone & LaSaracina, LLP (FML). Under the direction of Frank and his two Partners, FML has grown to over 50 employees and has established itself as one of the leaders in providing high quality audit, tax and consulting services to clients ranging from high-growth venture capital backed companies to Fortune 500 publicly traded companies.

 

 

Elliot Goldman, RapidRatingsElliot Goldman
Finance Director, RapidRatings

Elliot is responsible for overseeing the accounting, financial reporting, and FP&A functions at RapidRatings. He has 5 years of public accounting experience, primarily auditing large software, manufacturing, and distribution companies. After leaving public accounting he has spent the past 4 years in management level revels for companies that operate under the SaaS model, implementing best practices, and efficiency gains he has seen from his public accounting and overall experience.

 

Malcolm McKee 2019 v2Malcolm McKee
Director of Software and SaaS, AcctTwo

Malcolm has more than 25 years of executive management leadership and board level experience in companies ranging from startups to $6.5BN in revenue. He has played crucial roles in the success of IPOs, mergers, acquisitions, and sales, and has been instrumental in the successful completion of more than 100 ERP, CRM, Sarbanes-Oxley, ERM, IRM, and other IT projects.

Malcolm was the President of Foreshock, a SaaS CRM application. He then became the CEO of Trango Advisory, which provided professional consulting to a wide variety of businesses in areas such as SOX compliance, Risk Management, CRM, and Financial/ERP systems. Most recently, McKee was working with DealerSocket, focused primarily on systems, billing, and collections.

Watch the Webinar

On-demand Webinar "What's in a Contract: The Future of Finance and Accounting"

Whats in a Contract Final Cut