28 CHAPTER 4 OPERATIONAL BEST PRACTICES Interviews with CFOs and finance teams from several of our portfolio companies have revealed a set of common traits among the highest-performing B2B SaaS finance teams. These traits, or “best practices”, are described below. THE EVOLVING ROLE OF THE CFO Previously, a CFO focuses on Today, CFO has much more to cover Financial reporting ementsBookkeeping Leadership Compliance Communicator, MinimumequirBudgeting business partner, cross- r departmental, influencer Operations Technology Technically competent, Adopting the right tech data analytics, profit CFO stack, selecting the right maximising tools and processes Strategy Controls Support C-Suite plan, Identify and mitigate evaluate lead indicators risks, forward-thinking, of business regulatory compliant