With the right methodology, cost productivity discipline not only helps fuel steady growth and big initiatives but also are rewarded by shareholders, leading to substantially higher TSR, in both good times and downturns, according to Bain long-term research.
New market leaders have emerged that are far exceeding the performance gold standard Rule of 40, hitting numbers in the 50s, 60s, and even 80s. In this article, Bain has identified four archetypes among these superperformers.
According to a new Bain brief, there are 3 time-tested principles to navigating changing market conditions, or a recession and using data and analytics to thrive. Data and analytics alone won’t get you there, but by following basic best practices, research shows you have a high chance of succeeding.
Private equity blew the doors off in 2021: over a trillion dollars was invested last year by global private equity firms and almost a trillion dollars was returned in exits. The technology and specifically the software and SaaS sector represented 25% of the value invested and 31% of the number of deals. According to new Bain & Company research, over 50% of software deals returned 2.5x or more to investors. Bain also predicts that SaaS and software multiples will continue to be high in 2022 – read more here from Bain’s research on how Private Equity keeps winning in Software.
Technology was a driving force behind the boom in venture investments over the past decade.
From 2010 through 2020, tech start-ups made up a majority of venture funding across all deals by independent venture capital (VC) firms and corporate venture capitalists. This guest article from Bain provides insights from their analysis using their Startup Investment Cruncher database.
With software and technology becoming mission-critical for businesses throughout the economy, CEOs in every industry are recognizing that their ability to compete comes down to one thing: having the right talent.
As a result, the war for technology talent is getting fiercer and spreading to new fronts as demand for crucial roles skyrockets. In this guest post from Bain & Company how tech companies can be disrupted due to the talent war.
Over the past decade, software has created tremendous value for investors and businesses, thanks largely to its transformative effect on the economy, its role in developing new cloud-based business models, and its ability to increase efficiency in operations. The SaaS model allows companies to focus on new ways to create value, and since many companies are early on their journey, more gains may lie ahead. Read on to learn why companies are moving to SaaS subscription models.
As companies commit to transforming their FP&A function, choosing the right focus and pace is essential. They should align with business leaders on the sources of value creation for the future, then work backward to redesign FP&A around them. And they should carefully choose their spots for investment. That will raise the odds of FP&A shifting its role from scorekeeper to a true business partner.
Each class has different demand signal patterns that can help with model selection. Companies often group their demand series according to a business or organizational structure, such as a planning hierarchy or reporting hierarchy. Although this type of grouping is easy to organize and report, it is poorly suited for modeling purposes. Instead, companies should […]
“The Benchmark Engine™ is a powerful ally for us to help analyze and shape the organization as we scale.”
David Dean
VP Financial Planning & Analysis
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Marc Linden
CFO
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Jeremy King
CFO
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Stephane Panier
CFO
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Mike Morgan
CFO
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Jim Lejeal
CFO
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Dan Kossmann
Former CFO
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Jim Zaloudek
CFO
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Regis Kaufman
Senior VP
“OPEXEngine helped us align our internal data to produce consistent metrics and benchmark comparisons. This is a real benefit of using OPEXEngine's benchmarking platform.”
Jeffrey Wilkins
CEO
“As a fast growth, mid-sized, public software company, OPEXEngine’s benchmarking is a critical information source for operational metrics you can’t get anywhere else.”
Ralph Bryant
VP Finance
“OPEXEngine’s EdgarEngine with EDGAR Online’s robust XBRL financial data ratchets up the quality of tools companies can use to maintain a competitive edge.”
Sue Childs
Executive Vice President
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Todd Palmieri
Chief Financial Officer
Dell/Boomi
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Jim Johnson
CFO
Two pioneers and leaders in performance benchmarking and financial planning for SaaS companies join forces to share guidance, best practices, and concrete steps for growth.
Sherri Wolf
CFO
Sherri is a seasoned finance and operations professional with deep experience in the operations and financial structures of emerging growth companies. Sherri began her career on Wall Street with Salomon Brothers and then became an equity research analyst with Adams, Harkness & Hill, a Boston-based investment bank where she covered information technology services companies. After leaving the capital markets, Sherri became a Managing Director at Internet Capital Group (ICG), an Internet venture capital organization with 80 business-to-business e-commerce companies in its portfolio.
Sherri has spent the last 15 years working with start-ups in the information services and consumer goods markets in a variety of financial and operational roles. Most recently, she was the CFO of JOOS, LLC where she helped to build JOOS into the largest fresh-pressed, organic fruit and vegetable juice provider in New England. She joined OPEXEngine to be a part of a rapidly growing high-tech Company that has an impact on how financial professionals make day-to-day operating decisions.
Sherri is President, of Columbia College Women and a Board Member of the Columbia College Alumni Association. Sherri has a BA in Economics from Columbia University and an MS in Finance from MIT Sloan School of Management.
Donna Rice
CCO
Donna is a respected senior executive with a demonstrated and successful history in leading a diverse portfolio of companies. She is well known for her innovative, collaborative, and hands-on leadership style. Donna is skilled in setting digital strategy, establishing strategic direction, building teams, and delivering continuous improvement. In addition, she has extensive experience launching new products and successful events.
Prior to joining OPEXEngine, Donna was the Chief Operating Officer at Innovation Leader; Managing Director of Compliance Week; VP of Global Sales at Artifact (Auction Holdings) Invaluable; and held multiple management positions with Boston Globe Media and New York Times Digital.
Richard Scott
COO & General Counsel
Rich is a successful SaaS technology executive with a unique background including roles as COO, CFO and General Counsel in a variety of B2B and B2C organizations. He leverages his operational, finance, legal and business expertise to transform business outcomes and build shareholder value for start-up and growth companies, including as CFO at OLB Inc., FISC Solutions (acquired by WAUSAU Financial Systems), and Relevant Equity Systems (a Thomson Financial portfolio company). He joined OPEXEngine for the opportunity to work with leading SaaS companies and to leverage his skills in helping to build out the OPEXEngine benchmarking product offering.
In his various leadership roles, he has driven financial operational and business strategy, scaled organizational infrastructure, raised outside capital and arranged financing, implemented financial reporting, customer care and KPI driven process improvement, accelerated product innovation, and expanded operations into global markets. His industry expertise includes technology, media, financial services, and consulting.
Rich resides in Boston and holds Master’s Degree in Finance from McCallum Graduate School of Business at Bentley University and a J.D. from New England Law Boston.
Lauren Kelley
CEO & Founder
Lauren Kelley is the founder of OPEXEngine. After 25 years in fast-growth high-tech companies, she founded OPEXEngine to solve the problem that high-tech companies lack good quality benchmarks from a neutral provider — especially operational benchmarks — to reduce risk and improve efficiency and growth.