Robert Colaizzi and the Benefits of Enterprise Resource Planning

As a winner of the Chief Financial Officer Award from Oracle Corporation, Robert Colaizzi has demonstrated excellence in many corporate pursuits. Based now in San Jose, and formerly in San Francisco, Robert Colaizzi brings advanced financial solutions to Adobe Systems-(EchoSign)as an expert in enterprise resource planning (ERP).

ERP is a concept with various meanings in different fields. However all definitions offer a similar theme, that ERP has the capability of unified communication across various business divisions. An ERP system database might share information among human resources, accounting, inventory, and ordering.

With this program, sales orders can be entered automatically, reducing the possibility of human error and allowing faster order fulfillment. In turn, the finance department would be able to record the sale more quickly. An ERP system also permits employees to track key measures of the business’s performance. Other advantages of ERP include an improved ability to comply with financial regulations and automation of processes, such as order-to-fulfillment. ERP facilitates a company-wide view and provides a strategic perspective that can expose potential problems, and needed improvements. Finally, an ERP improves customer service by offering a single source of information for product inquiries and billing.

What is Technical Accounting?

A corporate finance executive based in the San Francisco Bay Area, Robert Colaizzi has served as a senior financial director or chief financial officer at several successful technology companies, including Oracle Corporation,PeopleSoft, BEA SYstems, Nuance, Postini (sold to Google), and Talari Networks. Today, Robert Colaizzi consults as a CFO with emerging technology companies on financial planning, forecasting, corporate governance, and other areas of operations. He also offers significant technical accounting experience.

Technical accounting, also known as bookkeeping, refers to the activities and skills related to account transaction processing. This includes the day-to-day maintenance of sales, receipts, and payments made by an organization or individual. Technical accountants possess a strong understanding of generally accepted accounting principles (GAAP) and how this standard framework supports business and organizational operations. They also excel in using accounting databases to perform research.

Technical accountants must possess strong familiarity with spreadsheet software and with the various bookkeeping approaches, including single and double entry systems. Technical accounting also involves reviewing the work of subordinates to identify any errors or inconsistencies.

An Overview of IPO Readiness and Related Challenges

An accomplished finance executive, Robert Colaizzi has directed financial operations at several leading San Francisco Bay Area companies in the technology sector. Robert Colaizzi possesses a background in driving growth and acquiring funding for providers of enterprise software, software-as-a-service (SaaS), Internet and cloud-based technologies, and network solutions. His experience also includes preparing companies for IPOs.Launching a successful initial public offering (IPO) takes time and requires extensive research and strategy. Financial officers must constantly evaluate the market and develop and revise their IPO plans appropriately. Furthermore, what seems like favorable market conditions for an IPO launch may become volatile in a short period. As a result, careful pre-IPO planning and timing are of the utmost importance.

Challenges arise throughout the process of staging an IPO. For example, during planning, private companies must create compelling launch strategies while also developing alternative exit plans should market conditions change. The company needs to have a strong executive team backed by experienced advisors, and implement the appropriate finance/accounting controls and operational policies to achieve regulatory compliance. Maintaining good relationships with investors is important before, during, and after the IPO as well. A well-executed IPO “road show” is part of this—senior management must be able to clearly and consistently articulate the company’s value to investors and address challenges and doubts head-on.