The market correction and fear of a recession forces companies to make decisions they should have been making all along. Here are a few tips to help drive efficiency and focus on business fundamentals.

Advice for CEOs. In your next chat with your finance leader, ask some of these questions to get a sense of where your business stands and how you can better support them.

Orlando Bravo, co-founder and managing partner of Thoma Bravo, describes budget management as the most important heuristic of a top-performing business.

When people talk about the market prioritizing efficiency, they mean the bar for Return on Investment (ROI) has been raised. Investments with shaky return prospects need to be cut, and areas of high investment need all the attention.

Most finance teams don’t have the bandwidth to do real business partnering. Here are 5 tips to improve business partnering when time and resources are scarce.

Frank Slootman built ServiceNow into one of the most success software companies of all time. His playbook for IT Service Management (ITSM) informs the future of Finance Service Management.

How Antonio Gracias pushed Trace's co-founder, Mike Gonzalez, to conduct zero-based budgeting in the face of restructuring.

Future finance leaders (and really all G&A for this matter) will think of themselves as product managers. The key mindset shift is they’re responsible for a portfolio of products and services that they provide to the business (i.e. budgeting, headcount, spending, analysis, etc.).

The best way to for finance to succeed at headcount management is by collaborating with the right teams in the right way. Headcount management might start with finance and end with finance–but in-between it’s all about the teamwork.

I’ve met a handful of finance teams at high-performing public and late-stage private companies forecasting weekly or bi-weekly. Many finance leaders are trying to figure out how to do the same. Here’s a bit more about why and how.

Great news: Trace and Lever are now integration partners. Together, Lever and Trace can help our mutual customers recruit the best talent–on time and on target. See how the Trace and Lever integration works.

The importance of finance teams is at a peak. The business landscape is turbulent, and the best finance teams will step up to lead. In a down market, growth and burn matter just as much as growth.

Finance is in the business of maximizing value creation by providing strategic support. Here are 4 tips for Finance to be more strategic.

With long-range planning and year-end close behind us, what are finance leaders looking forward to in FY23? Here’s what several of our favorite finance leaders told us.

Typically finance plans, and a month later, it records. Meanwhile, managers make daily decisions to allocate resources and drive financial performance. If finance wants to keep a pulse on resource allocation and performance, it needs to have a shared consciousness with the people making decisions.

Steal these 4 steps to improve how you plan and manage headcount this year. Lessons learned from the top finance and people leaders.

A well-designed headcount management strategy can help you increase visibility for approved roles while ensuring HR, recruiting, and finance stakeholders stay aligned throughout the hiring lifecycle.

We talked headcount management with Nolan Church, CEO of Continuum, and Lisa To, head of FP&A Transformation at LinkedIn. Get the highlights from the conversation here.

We are thrilled to welcome Vicky Ascencio to Trace’s leadership team as our Head of Customer Success. We’re fortunate to have Vicky join us – this is a big step towards our mission of building a place where people collaborate on the financial decisions that matter most.

Get a single source of headcount truth to replace multiple, manually maintained spreadsheets. See how with Trace headcount management.

An exploration into the breaking points and pitfalls to help Finance leaders prioritize their technology investments. Reasons to go with a planning system first generally include losing faith in the reliability and integrity of your models. If the above items don’t ring true, then you’re likely dealing with issues related to the distribution and collection of information with your business partners and reconciling plans to what’s happening or happened.

Empower your budget owners with role-based budgets. Lighten their load with project requests. And help them understand budget-to-actuals variances with G/L drill-down.

As a finance leader at a start-up, it’s on you to help people manage their budgets, execute their hiring plans, and understand their spending—all in a way that works within the context of a high-growth business.

Read the Finance Calendar to learn the operating playbook inspired by Facebook, Zenefits, GE, and interviews with hundreds of growth-stage and enterprise finance executives.

Trace has raised $8.3M from Greylock and Uncork Capital, with support from Redpoint Ventures and Nyca Partners.

Finance Service Management is the scope of work performed by people, processes, and systems to satisfy the financial needs and requests coming from the business. It drives efficiency in operations, promotes collaboration between finance and business partners, and delivers insights and automation across systems.

Trace integrates with Sage Intacct to streamline purchase operations and dramatically improve financial analysis. By connecting Trace and Sage Intacct, FP&A, Procurement, and Accounting teams can put purchase operations on autopilot, get deeper, faster analytics, and be better business partners.

August 5, 2020 – Today, we're excited to announce the Trace platform is available to the public! Trace helps Finance teams simplify by providing a smart and collaborative way to manage budgets, make purchases, and analyze financial performance.

Beyond giving our customers the tools they need, we also want to share the insights and learnings they can use to drive success. To that end, we’ve created Finance Ace, a community hub for Finance teams – and made it available to anyone, customer or not.

Nice, you've put together a financial plan for your company. The next step is to identify how those plans and metrics measure up to your competitors.

With the right planning and processes in place, financial management will be a breeze. Department performance will improve and you'll build trust with your team and the rest of leadership. Be dependable and crush your next board meeting when targets are reviewed.

A harmonious relationship between Procurement and FP&A can be a superpower for Finance teams. Unfortunately, most Procurement and FP&A teams don’t work well together. Learn why and what we can do to change this.

Stop wasting money on unused subscriptions and auto-renewals. Take control of your company's growing list of subscriptions.

A comprehensive list of must-see SaaS benchmarks for business operators. From financial metrics to measure company-wide performance, to sales efficiency metrics to gauge your sales team operations.

Stop forecasting your payroll expense using shortcut methods. Utilize the readily available data to project a more accurate payroll expense schedule.

COVID-19 has pushed fiscal discipline and cost-cutting into hyper-drive. Every business needs to clean things up and spend wisely. To help, we put together a list of spend categories to focus on and provide actionable tips to capture cost-savings.

Whether your restructuring due to COVID-19 or just want to make sure your house is in order, these lessons learned from the 2017 [~500 person] Zenefits restructuring will help serve as a guide to successfully execute and avoid pitfalls.

Learn tips to get your business ready to weather a storm. With the impact of COVID-19 unknown, prepare to make quick decisions as they relate to your employees, customers, vendors, and more.