The weekly newsletter for forward-thinking finance leaders, especially those who leverage Xero and its ecosystem. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­    ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  
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Your weekly go-to guide to transform your finance function into a strategic powerhouse.

Welcome CFO Techstack Community 👋,

 

Last week, at our first ever CFO Techstack Showcase in Sydney, with 200 finance leaders in the room, the message was hard to ignore: the default has changed. ERP is out. Xero + a best-in-class tech stack is the new standard for medium-sized businesses.

 

But a new default only works if there are enough people who can support those implementing it. That's why this week, we're celebrating the launch of the Stackademy, a dedicated training and certification platform for the next wave of FTS Consultants (Finance Tech Stack Consultants) who are helping businesses transition from ERP to Xero, and optimise their Xero tech stacks.

 
If you're interested in getting involved, you can join the waitlist now!

 

FEATURED ARTICLE

Launching: the Stackademy & FTS Consultants!

 

For years, finance transformation followed a familiar script.

 

As businesses grew more complex, accountants and finance teams were told there was only one serious direction of travel: ERP.

 

As we shared last week. That default has now changed. Xero + a best-in-class tech stack is the new default.

 

But for teams making the move — from legacy ERP to Xero, or optimising their existing Xero tech stack as they scale — they need support. But who provides it?

 

They've been here all along. You just didn't know what to call them.

 

These practitioners already exist.

 

Right now, across the globe, there are brilliant operators helping businesses scale large, complex finance functions on Xero. Multi-entity structures, international operations, complex inventory, sophisticated reporting… real operational scale.

 

People like Tyler Caskey of TheBeanCounters, Laurel Millar of RSM, and Jeffrey Attizado of SMB Consultants. Elite advisors who have been quietly delivering finance tech stack selection, implementation and project management at a level that rivals anything in the ERP world.

 

But they've never had a name.

 

In the ERP world, that's never been an issue. "ERP Consultant" is synonymous with "ERP".

 

In Australia alone, there are an estimated 30,000 ERP consultants, supporting a $3 billion implementation industry. Globally, SAP alone has over 500,000 certified consultants. The broader ERP services market — implementation, consulting, optimisation — is estimated at over $23 billion annually, according to Technavio. That ecosystem didn't happen by accident. It was built on decades of certification, naming convention, professional identity and institutional support.

 

The Xero ecosystem has the elite practitioners, but they've never had a name.

 

Until now.



Introducing: The FTS Consultant

 

At Showcase, we finally gave these professionals a worthy name: Finance Tech Stack Consultants — FTS Consultants.

 

Jeffrey Attizado, one of our Stack Leaders, shared the moment perfectly here on Linkedin.

 

This is more than a label. It's the beginning of a professional identity for a category that has been operating without one — and the first step toward building the kind of institutional support that the ERP world has had for decades.

 

FTS Consultants are certified professionals who specialise in helping businesses scale on Xero.

 

And from today, they have a home: the FTS Consultant Directory on the CFO Techstack site — officially renamed to reflect the professional class it now represents.

 

If you're looking for an FTS Consultant, you now know where to find them.

 

 

Introducing: The Stackademy

 

So, they have a name. They have a home. But we know that’s still not enough.

 

We know we need to expand the FTS Consultant network.

 

As the number of finance teams choosing to scale on Xero grows exponentially, the support requirements do too. The movement needs infrastructure.

 

CFO Techstack is proud to be providing it through the brand new Stackademy!

 

Built by CFO Techstack upon foundations laid by expert FTS Consultants, the Stackademy is the first learning platform designed specifically for those who want to understand, build and implement modern finance stacks on Xero.

 

Think of it as a CFO Techstack university; practical, real-world education designed for the challenges and complexity that mid-sized businesses face as they push Xero further.

 

"How do I produce consolidated financial statements across multiple Xero entities?"

“How do I manage thousands of unique SKUs across stores in multiple regions?”

“How do I ensure employee spend is coded correctly every time?”

“How do I process intercompany recharges inline with our transfer pricing policy?”

 

These are the kinds of questions real finance leaders are asking, and the kinds of questions Stackademy will answer.

 

It's education for people who are ready to go beyond the traditional Xero certification, and learn the architecture behind best-in-class modern finance tech stacks.

 

Who is Stackademy designed for?

  • Accountants and consultants who want to better serve clients navigating tech stack decisions; and
  • Finance leaders who want to take their own technology further and build out their own stacks.

The course details will be announced in the coming weeks. We couldn’t be more thrilled to be bringing this to you soon.

 

Interested? You can join the waitlist now.

 

Welcome to the Stackademy generation.

 

COMMUNITY INSIGHTS

🎤 How I stacked it

Troy Swanson, Director of Finance at SPM Assets, shares his tech stack.

SPM Assets specialises in strategic asset management. They provide asset management services and easy-to-use asset management cloud software to help organisations with property portfolios build a better understanding of their physical assets and enable them to plan their projects and forecast more effectively, whilst achieving better outcomes for their communities.

Troy Swanson

Troy Swanson has worked for SPM Assets as Finance Director for almost 8 years. Over the last few years, they have gone through a few acquisitions and now are one of the Schneider Electrical group of companies. Troy's day to day is often quite strategic - driving the business from a finance, reporting and systems perspective. He is also involved in a lot of reporting, as well as supporting his team in what they need with regards to transactional accounting, payments, invoicing, payroll, etc.

 

Here's what Troy and his team are using:

  1. Xero for Core Accounting: We use Xero as our core accounting platform and, as larger Xero users, we add on apps like Mayday for our more complex requirements.
  2. WorkflowMAX for Project Management: WorkflowMAX is great for managing our jobs to ensure they are profitable, and we are able to track how it is progressing. It works very well for us as it connects to our timesheet system. The system also provides reporting, timesheets, as well as invoicing to our customers. The reporting and flexibility is improving as more development happens.
  3. Mayday for Month End: Mayday has been a game-changer for us. It processes all the intercompany transactions between our three companies seamlessly. We would not be able to achieve deadlines without it!

Keen to share how you stack it? Email: will.kennard@getmayday.com

    UPCOMING EVENTS

    State of the Stack Roadshow - Perth 🚗

    Weds 10th Jun | The Hub, Elizabeth Quay, The Esplanade, Perth

     

    Off the back of CFO Techstack’s inaugural State of the Stack 2026 report, headline sponsored by Xero, we’re taking the insights on the road, offering:

    • Honest stories from finance leaders on how they’ve built their stack and what it really costs
    • Practical guidance from implementation experts on how to design and optimise your own stack
    • Hands-on demos from the “Survival Toolkit”: Mayday, Syft, and ApprovalMax - see what great looks like in action

    Register now for free here!

     

     

    From prompting to planning: AI for regulatory reporting

    Weds 27th May | Webinar

     

    Regulatory reporting is high-stakes and time-consuming.

     

    This session covers how AI can help finance teams reduce manual effort, catch errors earlier, and produce cleaner outputs without cutting corners on compliance.

     

    Ideal for anyone who owns the close process.

     

    Register now for free here

    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. New Claude integration & XeroForce from Xero
    2. Comparing consolidation tools
    3. Daily cash position with Xero solution
    Keen to join? Sign up here >

    NEW IN THE WORLD OF CFO SOFTWARE

    🗞️ News from the stack-o-sphere

    • Mayday announces £3m / AU$6m Seed Round. Learn more.
    • Xero releases Claude integration. Learn more.
    • Brex releases MCP: Connect Brex to any AI tool that supports MCP. Learn more.

       

    WHAT THE DATA SAYS

    📊 Stat of the week

     

    "The average company wastes up to 30% of its SaaS budget on "toxic spend" — unused licenses, duplicate applications, and premium features no one is touching."

     

    Research by Gartner

    MORE OF THE GOOD STUFF

    And lastly, our top picks!

     

    🎧 Podcast: "How CFOs Scale to $100m+ Without Leaving Xero." The GrowCFO Show.

    📝 Article: "Building the future of global finance in the age of AI." Airwallex.

    😆 Joke: What’s a CFO’s version of a horror movie? ‘We migrated to ERP last weekend.’

     

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

     

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