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Your weekly go-to guide to transform your finance function into a strategic powerhouse.

Welcome Hein 👋,

In last week’s newsletter, we shifted focus to the consumption side of social media — how to use platforms like LinkedIn not to post, but to listen, learn, and stay ahead. Drawing on insights from my experience as a in-house finance leader, we explored how curating who you follow, tuning into the right conversations, and building small, sustainable habits can help you break isolation and strengthen your leadership as an in-house finance professional.

 

In this week’s edition, we take things a step further: how do you actually use what you consume? I share the practical ways I turned social media insights into smarter decisions, stronger arguments for change, and a more strategic finance function. From challenging internal assumptions to building a reflection habit, this article is all about moving from passive consumption to active leadership.

FEATURED ARTICLE

Beyond the Numbers: Turning social media insights into action

How I used reactive consumption to lead smarter

 

In the first part of this series, I explored how, during my time as an in-house finance leader, I used reactive social media habits — consuming content intentionally, curating who I followed, and staying plugged into the right conversations — to sharpen my thinking. But the real power didn’t stop at what I read. It came from how I applied those insights to my work.


In this second feature, I’ll share how I used the knowledge, trends, and frameworks I picked up through social media to make better decisions, challenge assumptions, and lead with greater confidence inside my organisation.

 

From consumption to action

Scrolling LinkedIn isn’t leadership.
But using what you learn there can elevate your leadership in ways that matter.


I found that my carefully curated social media consumption provided three critical advantages:

  1. A broader, more strategic lens on the role of finance.
  2. New ideas to challenge internal assumptions.
  3. External validation to support internal change.


Let’s break these down.

 

Expanding your strategic lens
One of the most important ways I used social media was to broaden my strategic thinking.


Reading about how other finance leaders approached challenges like digital transformation, cost control, or team building gave me fresh perspectives — sometimes confirming my own instincts, sometimes opening up entirely new ways to tackle a problem.


Rather than relying only on internal reports or my own experience, I treated social media as a window into the broader finance world — helping me anticipate trends, identify emerging risks, and think more expansively about the role of finance in driving growth.

 

Challenging internal assumptions
Every company has its blind spots.


I used insights gathered from social media to challenge assumptions inside my own organisation — whether it was sharing how peers were adopting automation tools, referencing external benchmarks during budgeting discussions, or bringing in outside examples during leadership meetings.


Social media became a quiet but powerful source of credibility:


When I said, “I’m seeing a lot of finance teams experimenting with this approach,” or “Others in our industry are thinking about this risk,” it opened doors for productive conversations and made it easier to introduce change.

 

Supporting change with external validation
One of the challenges many finance leaders face is pushing through change internally — especially in companies that are risk-averse or set in their ways.

 

I found that using insights, articles, and examples from social media helped me build a case for change.


Whether I was advocating for new technology, rethinking reporting frameworks, or proposing shifts in team structure, being able to point to external trends or success stories strengthened my arguments and made leadership teams more receptive.

 

Building a habit of reflection

Back in my days at WAYN, when we were hiring for an Accounts Associate, I used this exact approach — leveraging social media to shape what we were looking for. While I can’t link to the content I used then, it’s similar in spirit to this article by Zanda on startup finance structure, which explores how different team setups affect efficiency and growth. Reading pieces like that helped me think more critically about what gaps we needed to fill, what capabilities were missing on our team, and how the role should evolve as the company scaled.

 

I developed a simple but consistent process to ensure external perspectives translated into meaningful action:

 

1. Capture systematically

  • Keep a dedicated digital notebook (I used Evernote) for social media insights.
  • Bookmark relevant articles and screenshot compelling posts, adding short notes on why they resonate.

2. Reflect deliberately

      Block 30 minutes each week for an “external insights review.” Ask:

  • How does this challenge our current approach?
  • What process or decision could this improve?
  • Who else in the team needs to see this?
  • Connect the dots across insights to spot emerging patterns.

3. Apply strategically

  • Incorporate at least one external insight into your monthly leadership team meetings
  • Create a "trends from outside" section in quarterly finance presentations
  • Use insights as pre-reading for strategic planning sessions or team discussions
  • Follow up on previously shared insights with progress updates

4. Measure impact

  • Track which social media-derived insights led to meaningful changes
  • Note when external perspectives helped overcome internal resistance
  • Refine your content sources based on which consistently provide actionable value

By transforming random scrolling into this structured reflection process, I ensured my social media consumption directly enhanced my leadership effectiveness and organisational impact.


The key was consistency—making reflection a non-negotiable part of my professional routine rather than an occasional afterthought.

 

The Takeaway

As an in-house finance leader, you don’t need to be loud on social media to get value from it. But you do need to be intentional.


By consuming the right content, reflecting on what matters, and applying those insights inside your organisation, you can:

  • Sharpen your strategic thinking
  • Challenge the status quo
  • Lead more confidently in a fast-changing environment

My experience shows that social media isn’t a distraction — it’s an accelerator when used wisely.


So the next time you scroll LinkedIn, don’t just treat it as passive browsing.

    COMMUNITY INSIGHTS

    🎤 How I stacked it

    Chantelle Quick, Managing Director at Astimo, reveals their tech stack

    Astimo has been operating for about four years, providing outsourced financial solutions — from bookkeeping through to CFO — to businesses across a range of industries. Astimo is a growing, referral-only firm. They work closely with tax agents, lawyers, and bankers to build the right client base, and their team operates virtually, supporting clients all over Australia. 

    CQ

    Chantelle told us, “No two days are the same! I could be meeting with business owners to discuss budgets, strategy, or operations; reviewing bills in ApprovalMax; or helping clients implement new systems and processes. At the core, the most critical part of what we do is ensuring accurate, timely financial information. One of the most important things for me — both personally and professionally — is working with good people who recognise the value of finance and appreciate the role it plays in decision-making.

    Outside of Astimo, I’m a mum to a two-year-old — so it’s a daily juggle between growing a business, delivering for clients, and enjoying family life!”

     

    Here’s what Chantelle and their team are using:

    1. Mayday for Intercompany: Mayday is a game-changer for group companies, especially those with multi-entity, multi-currency requirements. I love the time saved on intercompany reconciliations, revaluations, and recharges. Everything is centralised — no need to jump between Xero orgs.
    2. AutoEntry for OCR: AutoEntry is excellent for invoice processing, especially because it captures line-item detail. That granularity is essential for accurate reporting and allows for specific account coding and tracking category allocation.
    3. ApprovalMax for Approvals and PO: We use Approvalmax for invoice approvals, purchase orders, and even manual journals. As a reviewer, I spend most of my time here. It empowers clients with ownership and visibility, so our month-end meetings aren’t spent fixing coding issues — they’re focused on decision-making.
    4. Cin7 Core for Inventory: Cin7 is our go-to inventory tool for clients. It’s highly customisable. In health industries, we can track batch numbers, expiry dates, patient info, etc., while still giving clear stock visibility. On the other end, it handles large product catalogues with ease, taking the complexity out of inventory management.
    5. Employment Hero for HR: EmploymentHero is critical for clients with more complex HR and compliance needs.
    6. ClickUp for Internal Operations: While ClickUp is not in the Xero ecosystem, this program is vital for internal operations. We use it for task management and process documentation. So much of our work is repeatable, and ClickUp ensures consistency, clarity, and accountability across the team.
    7. Ignition for Proposals and Billing— We use Ignition for client engagement, pricing, invoicing, and collections. It creates a seamless onboarding and billing experience and takes the hassle out of chasing payments.
    8. Harvest for Billing: For clients in professional services who bill by the hour, Harvest integrates nicely with Xero and gives them the time tracking they need to manage profitability. 

    Keen to share how you stack it? Email to  hein.vanzyl@getmayday.com

    THE STACK EXCHANGE

    🧵 This week's top threads, from The Stack Exchange

     
    The Stack Exchange is a Slack forum for connecting with peers, sharing insights, and staying updated on apps and industry events—helping you transform your finance function into a strategic powerhouse.
     
    Here are this week's top 3 discussions from The Stack Exchange:
    1. Recommendations on a mostly automated UK payroll solution that integrates with BambooHR and Xero.
    2. Advice on setting up Xero across multiple EU entities.
    3. Looking for some help improving my Cin-7 set up.
       
    Keen to join? Sign up here >

    NEW IN THE WORLD OF CFO SOFTWARE

    🗞️ News from the stack-o-sphere

     

    • Cin7 launched Cin7 Pay, delivering seamless mmbedded payments and powerful cost-savings for SMBs. Learn more.
    • Deel launches all-in-one HR management software for global teams. Learn more.
    • Spendesk introduces Google Pay for Spendesk cardholders in the UK Learn more.

    WHAT THE DATA SAYS

    📊 Stat of the week

     

     72% of finance leaders say that real-time financial tools are critical for swift, informed decisions.

     

    Research by Pleo

    UPCOMING EVENTS

    🗓️ Save the date

     

    7 accounts receivable mistakes and how to fix them

    Wed, 21 May, 11am BST

    Late payments continue to be a major challenge for businesses, affecting cash flow, increasing financial risk, and consuming valuable time. But many late payments aren’t just caused by "bad payers" — they result from common but preventable mistakes in the accounts receivable process. This webinar will explore seven key mistakes businesses make and practical strategies to address them. 

     

    IRL: The Fractional CFO Opportunity: New research and discussions 

    Thu, 22 May, 4pm BST, 📍 30 Golden Square, Soho

    As firms shift from compliance to CFO-style advisory, this event explores what’s driving the change — and how modern payment systems unlock strategic value and efficiency. Hear from industry peers, enjoy curated drinks in the heart of Soho, and take away actionable insights.

     

    IRL: Accountex London 2025

    Wed & Thu, 14-15 May, 09:30am BST, 📍ExCeL London, Royal Victoria Dock, 1 Western Gateway

    Accountex has everything you, and your business, need to succeed.
    It brings together over 300 top software and service suppliers with a CPD-accredited education programme. You can experience 1-to-1 demos from major fintech brands and cutting-edge start ups. The brightest minds in the business will show you how to navigate challenges and where to find opportunities for growth. You will walk away with new ideas and feeling confident about the future. It's completely free to visit. And you get up to 16 CPD points for attending.

    MORE OF THE GOOD STUFF

    And lastly, our top picks!

     

    🎧 Podcast: Adapting to Market Fluctuations: A CFO’s Guide to Consumer Behaviour, The CFO Playbook

    📝  Article: Finance automation: 6 key processes for UK businesses in 2025

    😆  Joke: Why did the accountant go broke? Because they lost their balance.

    Why not forward this newsletter to someone you think would enjoy it?🙏

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