Proven ROI: Don’t Take Our Word for It
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“Our company’s health insurance costs were going to increase over 20% for the next year. When we laid out this issue, we discovered he was already paying over 50% more per employee than some of my peers. Two of the members described their captive insurance programs and the benefits/savings with their approach. As a result, I ended up moving to a captive insurance model too and thus far have saved 30% — which is over $500,0000 per year for us.”
Mike DeDona, CFO
SR Smith, LLC
“I was discussing with my group how my employee health insurance costs were going to increase over 20% for the next year. I discovered that I was already paying over 50% more per employee than some of my peers. Two of the other members described their captive insurance programs and the benefits/savings with their approach. I ended up moving to a captive insurance model too and am saving 30% — which is over $500,0000 per year.”
Scott Nord, CFO
UltraSource
“Overall, I have had a really great experience with the SEN. It has helped me in both at my company and on a personal level. On the business side, our company wanted to look into to changing out our current ERP system. I have never managed this type of project in my career. So, I used my Ex-office board session to get insight on the overall process, address any concerns and issues we were having. I used these suggestions from my peer group, and this saved the company time and effort. I would estimate that is saved us over 3 months of time so far and $50K in expenses. I was able to streamline the process using others experience on what worked and what did not. Also used suggestion on how to manage the change management piece of this project.”
Anthony Garcia, CFO & General Manager of Corporate Services
ESPEC North America
Overall, I have had a fantastic experience with The CFO Network. I have made many contacts and friends throughout my membership. The value it has brought to me professionally has been focused around the work with other CFOs within the organization. I use this peer network to Bounce ideas about financial reporting packages, compliance, regulations and particularly during Covid around how folks were handling various government fundings and how it may impact company financials.
In addition, I have reached out to this network immensely during my company’s research on implementing an ERP. I was able to get recommendations from several CEOs, had meetings where folks presented the process they used, best practices and lessons learned. The volunteering of folks time to help out a fellow member has been above any other executive committee I have participated in.
Aimee Peacock, CFO
FLEXcon Company
"Probably the biggest bottom line impact was a session that drove a more aggressive pricing strategy. We are more aggressive today around pricing our services due to that session alone. I’m confident that has impacted our profits by well over $100,000 by itself."
Rick McClain
Milwaukee Electronics
