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Sudozi
Meet Sudozi, the tool modernizing your vendor management, spend requests and budgeting.
Rose Punkunus
Founder and CEO at Sudozi | CFO | Automating FP&A to unlock more Strategic Finance | Data Nerd
Where are you opening your new bank accounts? ๐ฆ What are the key metrics youโre evaluating? ๐
Where are you opening your new bank accounts? ๐ฆ
What are the key metrics youโre evaluating? ๐ Without a doubt, one key factor is size. The WSJ has a very cool chart that helps visualize ๐ฌ๐ข๐ณ๐, ๐ฉ๐๐ซ๐๐จ๐ซ๐ฆ๐๐ง๐๐, ๐๐ง๐ % ๐ฎ๐ง๐ข๐ง๐ฌ๐ฎ๐ซ๐๐ ๐๐๐ฉ๐จ๐ฌ๐ข๐ญ๐ฌ. One thing that stood out to me was the American Express National Bank, especially compared to SVB!
Every employee has complained about finance and accounting before ๐ก
You don't need to be handing out trophies ๐ all day, but take the opportunities to infuse a finance mindset into the company. It's super critical, especially during these times!
Congrats to the Palo Alto Networks team on a great quarter!
My quick take on what's driving both their revenue growth and efficient expenses? ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐ฏ๐๐ง๐๐จ๐ซ๐ฌ Impact on Revenue: Palo Alto Networks is able to sell more because companies are looking to consolidate vendors, particularly in this space. Impact on Expenses: Finding platforms that offer multiple solutions elegantly stitched together can be much more efficient for both direct software cost as well as employee time cost.
My personal founder and finance journey navigating the SVB events...
Thursday March 9th, ๐ 10am CT: Start noticing SVB stock price and chatting with finance community about moving money Thursday March 9th, ๐ 2pm CT (noon PT): Wired 1/3 Sudozi's SVB cash to another checking account
๐๐ฐ๐จ๐ช๐ค: ๐๐ต'๐ด ๐๐๐. ๐๐ต'๐ญ๐ญ ๐ฑ๐ณ๐ฐ๐ฃ๐ข๐ฃ๐ญ๐บ ๐ฃ๐ฆ ๐ฐ๐ฌ๐ข๐บ, ๐ฃ๐ถ๐ต ๐ญ๐ฆ๐ต ๐ฎ๐ฆ ๐จ๐ฆ๐ต ๐ด๐ฐ๐ฎ๐ฆ ๐ค๐ข๐ด๐ฉ ๐ฐ๐ถ๐ต ๐ซ๐ถ๐ด๐ต ๐ช๐ฏ ๐ค๐ข๐ด๐ฆ.
Access to banking and capital is critical to innovation and growth
Access to banking and capital is critical to innovation and growth As an immigrant, Iโve seen firsthand how access to consumer capital has allowed my parents to buy a home in a great neighborhood, which has allowed me to attend great public schools and have amazing opportunities. Unlocking capital for SMBs was one of the reasons why I decided to leave Uber and join Fundbox as their first VP Finance. Fundbox uses the latest technology to develop innovative underwriting technologies so that SMBs, who were traditionally denied access to lending products, were able to instantly access working lines of capital.
My attempt to explain some of this SVB mess with Mangos ๐ฅญ
Last week, you bought a mango tree that produces 2 mangos a year ๐ฅญ ๐ฅญ. Now, for the SAME PRICE, you can buy a mango tree that produces 4 mangos a year ๐ฅญ ๐ฅญ ๐ฅญ ๐ฅญ (Because the Fed raised interest rates to fight inflation - thanks Fed!)