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, we reflected on a recent FLAC AU meet-up, where finance leaders operating complex businesses shared why they consciously chose to scale on Xero rather than follow the traditional ERP path.

 

We were lucky to have Claire Bramley as a guest at the FLAC dinner, and for this week's newsletter we're delighted to have a guest post from her.

 

Claire is Xero's CFO, leading the company's global finance team and enterprise technology function. With more than 25 years' experience in finance and technology across the UK, Europe and the US, she has built a career helping high-growth software businesses scale and deliver sustainable growth - and in this newsletter she shares 7 leadership lessons that have shaped her career as a CFO.

 

FEATURED ARTICLE

7 Leadership Lessons That Have Shaped My Career as a CFO

Group 8 (1)-1

People often ask me what leadership advice I would give to someone earlier in their career.

 

The truth is, I don't have a perfect playbook.

 

Like most leaders, I've learned far more from mistakes than successes. Over the years, however, there are a handful of principles that I find myself returning to repeatedly. They help me make decisions, lead teams, manage pressure and, hopefully, become a little better each year.

 

Pay attention to the detail, but never lose sight of the bigger picture

 

As a CFO, detail matters.

 

The numbers matter. The assumptions matter. The wording matters. Small details can have big consequences.

 

But I've learned that spending all your time in the details can sometimes obscure the most important question: ‘What’s the message, decision or outcome we're trying to achieve?’

 

When reviewing a piece of work, I often challenge myself to zoom in and zoom out. Dive into the detail to understand the facts, then step back and ask whether the overall story is clear.

 

The best leaders can do both.

 

Spend your time where you add unique value

 

One of the most important lessons I've learned is that not all work creates equal value.

 

Early in our careers, we often feel we need to be involved in everything. As leaders, that's neither scalable nor effective.

 

I've become increasingly disciplined about asking myself a simple question: ‘Am I the only person who can do this?’

 

If the answer is no, then my role is often to empower someone else, not to take the work on myself.

 

The highest-impact leaders focus their time on the decisions, relationships and challenges where their unique experience can make the greatest difference.

 

Ask before you tell

 

One of the simplest leadership techniques I use is also one of the most effective.

 

When we want to give feedback, our instinct is often to say: ‘I'd like to give you some feedback.’

 

The problem is that many people immediately become defensive.

Instead, I often start by asking: ‘What feedback do you have for me?’

 

The conversation changes instantly. People become more open, more reflective and more engaged. And almost without fail, they’ll ask for feedback in return.

 

What could have been a one-way conversation becomes genuine dialogue.

 

Let people own the timeline

 

Many leaders set deadlines. I've found it can be even more effective to ask a different question: ‘When do you think this can be completed?’

 

People are often more ambitious than we expect. Frequently, they'll suggest a timeline that is earlier than the one I had in mind.

 

More importantly, they've created the commitment themselves.

 

Ownership is a powerful motivator. People are far more likely to deliver against timelines they have helped create than timelines that have simply been imposed upon them.

 

Keep perspective

 

Leadership can be stressful. There will always be challenges, setbacks, difficult decisions and moments when the path forward isn't obvious.

 

During those moments, I remind myself of something simple: ‘We're not brain surgeons.’

 

The work we do matters, and the decisions we make matter. But almost every problem has a solution if we approach it calmly, objectively and thoughtfully.

 

Perspective doesn't diminish the importance of the work. It helps us perform better under pressure.

 

Don't make it personal

 

Every leader makes mistakes. I've certainly made my share.

One of the most valuable lessons I've learned is not to spend too much time dwelling on them.

 

If you've made a mistake, acknowledge it. Fix it. Learn from it. Move forward.

The energy spent beating yourself up is rarely productive.

 

We're all human. We all get things wrong. What matters is how quickly we're willing to learn and adapt.

 

Enjoy the journey

 

Perhaps the most important lesson of all is to enjoy what you do.

Leadership is demanding. Building teams is hard. Growing businesses is challenging.

 

But it should also be energising.

 

The leaders I admire most bring curiosity, optimism and enjoyment to their work. They genuinely care about what they're building and the people they're building it with.

 

I've found that when you enjoy what you do, you tend to do it better. And when people enjoy working with you, great things usually follow.

 

Leadership isn't about having all the answers.

 

It's about staying curious, continuing to learn and helping others succeed along the way.

 

COMMUNITY INSIGHTS

🎤 How I stacked it

Jesse Chapman, Finance Controller at Harris Real Estate

Harris Real Estate is one of Australia’s fastest-growing real estate businesses, with approximately 330 staff across 9 entities.

 

As Finance Controller, Jesse Chapman helps manage a sophisticated Xero-based finance stack covering consolidated reporting, multi-entity accounts payable, payroll recharging, intercompany workflows, forecasting, month-end processes and AI-assisted analysis.

Jesse-1

Here's what Jesse and his team are using:

  1. Fathom for consolidated management accounts, board/shareholder reporting, and forecasting with custom stakeholder access controls. View Fathom.
  2. DataSights pulls data from Xero and Employment Hero into Power BI to create a flexible reporting layer for dashboards and metrics.
  3. Power BI generates live, role-specific dashboards with granular access controls for budget owners and department heads.
  4. Employment Hero serves as the central HR and payroll platform, running separate pay runs per entity for STP compliance.
  5. Excel Power Query supports multi-entity payroll recharging by generating the necessary journals and bills for entities not directly connected to Employment Hero.
  6. Hubdoc handles document capture and OCR for supplier bills as the first step in the accounts payable workflow.
  7. ApprovalMax manages the structured accounts payable approval workflow using an approval matrix and threshold-based escalations.
  8. Mayday for Month End: Recharger recharges expenses from corporate services to operating entities and automatically aligns monthly intercompany loan balances, and Prepayments is used for prepayments and automated amortisation schedules, replacing manual spreadsheet tracking.
  9. Airwallex streamlines banking workflows, card management, and automated transaction reconciliation.

Read the full stack here >

 

If you'd like to feature your stack, email Kristin.morgan@getmayday.com

    UPCOMING EVENTS

    🏆 CFO Techstack Awards

    Nominations are now open!
    We've got multiple categories including:
    • Finance Leader of the Year: A trailblazing community contributor who raises the bar for their team and peers.
    • Finance Team of the Year: A gold-standard team running a best-in-class tech stack with clockwork month-end closes.
    • FTS Consultant of the Year: An exceptional consultant delivering top-tier Xero stack implementations and community knowledge-sharing.
    • Stack Transformation of the Year: The most impactful before-and-after story of upgrading from a legacy ERP to a modern Xero stack.
    • App of the Year: The app delivering the highest proven value, innovation, and community contribution to scaling finance teams.
    • Emerging App of the Year: An early-stage, forward-looking app that is already making waves in the finance space.
    • Mayday MVP: The power user who has pushed Mayday the furthest to achieve maximum time savings and efficiency.
    • Xero MVP: A power user maximising Xero's capabilities at the larger end of the market. 
     
    Visit the Techstack Awards >
     

    🧵 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 discussions from The Stack Exchange:
     
    1. Overhauling P2P Process
    2. Major overhaul of Xero COA
     
    Keen to join? Sign up here >

    NEW IN THE WORLD OF CFO SOFTWARE

    🗞️ News from the stack-o-sphere

    • Xero releases massive productivity data showing a major spike in small business labor efficiency across Australia. Learn more.

    WHAT THE DATA SAYS

    📊 Stat of the week

     

    "Three quarters of CFOs are raising their tech budgets for 2026, with nearly half by 10% or more.”

     

    Read Article.

    MORE OF THE GOOD STUFF

    And lastly, our top picks!

     

    🎧 Podcast: "Why AI Hesitation Could Cost CFOs More Than Bad Decisions." The GrowCFO Show (Episode 287). Listen here.

    📝 Article: "What It Takes for a CFO to Lead Operations and Tech." Journal of Accountancy. Read here.

     

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

     

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