Leading a high-performing team is hard in and of itself, let alone during times of constant technology changes and economic uncertainty. In this episode, Michael Praeger, CEO of AvidXchange, is joined by Claudia Herrera, the Senior Vice President and Chief Financial Officer of Donohoe Commercial Real Estate and Borger Residential, to discuss how she’s led their accounting and operations teams to become revenue-generating assets for the organization. She also shares how leveraging technology like AvidXchange has allowed her to make both macro and micro decisions to drive the business forward.
Claudia Herrera is the Senior Vice President and Chief Financial Officer of Donohoe Commercial Real Estate and Borger Residential. With over 25 years of accounting and leadership experience, Claudia is an essential part of Donohoe’s growth, overseeing operations, financial teams and reporting, and more.
Some key takeaways from this episode include:
Your accounting team should be a revenue generator, not an expense. If billing and smooth operations are improving your client experience, your accounting becomes a selling point to set your company apart.
Leverage technology to help you negotiate your pricing and contracts. With tools like AvidXchange, you can see your accounting at a macro level that lets you make small—but impactful—decisions that support your company’s growth.
Get everyone involved in your processes and technologies while you’re creating them. Your team is so much more likely to buy into following processes when they’re a part of creating them.
“The Power of Change” is an AvidXchange podcast hosted by Michael Praeger, Co-Founder and CEO of AvidXchange. On this show business leaders discuss leadership topics, industry trends, and embracing change.
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