Inventory Archives - Business RadioX ®

Donna Beatty, Frazier & Deeter, and Robert Stephens, CFO Navigator

September 23, 2022 by John Ray

North Fulton Studio

Donna Beatty, Frazier & Deeter, and Robert Stephens, CFO Navigator

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Donna Beatty, Frazier & Deeter, and Robert Stephens, CFO Navigator (ProfitSense with Bill McDermott, Episode 36)

Donna Beatty, Tax Partner with Frazier & Deeter, and Robert Stephens, Managing Partner of CFO Navigator, were Bill McDermott’s guests on this episode of Profit Sense with Bill McDermott. Donna provided timely advice about taxes, new laws, and advice for business owners. Robert Stephens talked about how he helps businesses as a financial guide, how he speaks about both accounting and business, the advice he gives his clients on the current economy, and much more.

Bill closed the show with a commentary on how to transition from employee to owner.

ProfitSense with Bill McDermott is produced and broadcast by the North Fulton Studio of Business RadioX® in Alpharetta.

Frazier & Deeter

Frazier & Deeter is a full-service accounting and consulting firm with Georgia offices in mid-town Atlanta and in Avalon in Alpharetta, GA. Additionally they have offices in other states and in London, England. Frazier & Deeter is a member of the top 50 CPA firms in America.

Website | LinkedIn |Facebook | Instagram

Donna Beatty, Tax Partner, Frazier & Deeter

As a Partner in Frazier & Deeter’s Tax practice, Donna Beatty brings a wealth of professional tax and accounting knowledge to the firm. Her experience encompasses providing comprehensive tax planning, review, advisory, and compliance services to closely held businesses, high net-worth individuals, and professional services groups. She has extensive expertise consulting with small businesses on financial software and has worked with clients in industries that include real estate, construction, manufacturing & distribution, retail, professional services, technology, entertainment, and family-owned businesses. Donna specializes in helping law firms and real estate investment groups with complex tax matters. Her expansive industry knowledge allows Donna to provide background insight in an evolving market; she has successfully represented clients with the Internal Revenue Service in Washington, D.C.

Donna prides herself on solid professional relationships with clients and thrives on learning and fulfilling her client’s needs and expectations. Until 1994, she was a Principal at the firm before moving to become a partner at a small local accounting firm.

Professional & Civic Organizations:

American Institute of Certified Public Accountants (AICPA), Georgia Society of Certified Public Accountants (GSCPA), Atlanta Tax Forum, Board Member, Past President, Better Business Bureau Serving Metro Atlanta, Athens & NE GA, Board V.P., and C5 Georgia Youth Foundation, Board Member, Past Chair.

CFO Navigator

Taking your business to the next level requires moving beyond bookkeeping and simply counting to using your numbers to actively navigate your business.

CFO Navigator guides organizations that are not ready for a full-time financial professional, but need more strategic insight. CFO Navigator offers a powerful combination of financial insight and business foresight that simplify the numbers, clarify what is important and communicate – in plain English – which ones to watch to navigate the business and make better decisions.

CFO Navigator focuses on helping companies that have outgrown their current financial capabilities and are ready to use their numbers to navigate the business and not just keep score.

CFO Navigator designs and builds scalable financial capabilities, knows the numbers inside and out, provides confidence that they are right, interprets what they mean, and communicates what’s important; and when the time comes, will turn over the helm to a full-time CFO.

CFO Navigator offers business owners an expert sounding board with an experienced outside perspective for assessing business opportunities and obstacles.

Company website | Facebook | LinkedIn | Twitter

Robert Stephens, Managing Partner, CFO Navigator

Robert Stephens is managing partner of CFO Navigator. As a fractional Chief Financial Officer, Robert fills a critical gap for growing privately held businesses and non-profit organizations that do not have the budget or need for a full-time CFO. Having advised over 75+ organizations during his 30+ year career, Robert strives to bring “Wall Street” worthy financial expertise to local “Main Street” companies by turning his financial insight into their business foresight.

In addition to his professional roles, Robert is active in the philanthropic and business community, currently serving on the Chattahoochee Tech Foundation Board of Advisors. He has previously served as Board Chairman of the Boys & Girls Club of Paulding and the North Paulding Band Foundation. Other board service includes the Kennesaw State University Entrepreneurship Center, and Starfish Greathearts Foundation (USA).

Robert earned his BSBA in Accounting from the University of Southern Mississippi, is a member of Vistage International, Leadership Cobb, and the Georgia Society of CPAs. He has two adult sons and resides with his wife in north metro Atlanta.

About ProfitSense and Your Host, Bill McDermott

ProfitSense with Bill McDermott dives into the stories behind some of Atlanta’s successful businesses and business owners and the professionals that advise them. This show helps local business leaders get the word out about the important work they’re doing to serve their market, their community, and their profession. The show is presented by McDermott Financial Solutions. McDermott Financial helps business owners improve cash flow and profitability, find financing, break through barriers to expansion, and financially prepare to exit their business. The show archive can be found at profitsenseradio.com.

Bill McDermott is the Founder and CEO of McDermott Financial Solutions. When business owners want to increase their profitability, they don’t have the expertise to know where to start or what to do. Bill leverages his knowledge and relationships from 32 years as a banker to identify the hurdles getting in the way and create a plan to deliver profitability they never thought possible.

Bill currently serves as Treasurer for the Atlanta Executive Forum and has held previous positions as a board member for the Kennesaw State University Entrepreneurship Center and Gwinnett Habitat for Humanity and Treasurer for CEO NetWeavers. Bill is a graduate of Wake Forest University and he and his wife, Martha have called Atlanta home for over 40 years. Outside of work, Bill enjoys golf, traveling, and gardening.

Connect with Bill on LinkedIn and Twitter and follow McDermott Financial Solutions on LinkedIn.

Alan Crowe, Room2work

May 14, 2019 by John Ray

North Fulton Business Radio

Alan Crowe, Room2work

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Alan Crowe developed the idea for Room2work in 2016 while President of SpecPoint Incorporated. His experience finding the right space for SpecPoint, plus an understanding of what his customers, mostly contractors, needed in a commercial space, helped form early versions of the Room2work concept.

There are lots of commercial options for business owners that only need office space. However, there’s a substantial gap between a home-based business and the jump to a commercial space if you need storage space for inventory or equipment. Room2work bridges that gap by providing flexible office, meeting, and warehouse space under one roof.

Ultimately, Room2work is more than just coworking – it’s an ecosystem of space plus services like accounting, marketing and logistics that give business owners the confidence to leave their home office and let their business grow.

For more information, call (470) 721-0606 or go to their website, https://www.room2work.com/.

“North Fulton Business Radio” is broadcast from the North Fulton studio of Business RadioX®, located inside Renasant Bank in Alpharetta. Renasant Bank has humble roots, starting in 1904 as a $100,000 bank in a Lee County, Mississippi, bakery. Since then, Renasant has grown to become one of the Southeast’s strongest financial institutions with approximately $12.9 billion in assets and more than 190 banking, lending, wealth management and financial services offices in Mississippi, Alabama, Tennessee, Georgia and Florida. All of Renasant’s success stems from each of their banker’s commitment to investing in their communities as a way of better understanding the people they serve. At Renasant Bank, they understand you because they work and live alongside you every day.

E17 Thor Thomsen and Jim Watkinson from THORFeed and Jeanne Barry from RGP

October 22, 2018 by Karen

PROJECT-MANAGEMENT-OFFICE-HOURS-Operations-Leader-Jim-Watkinson-with-THOR-Feed-and-Jeanne-Barry-with-RGP1

Phoenix Business Radio

E17 Thor Thomsen and Jim Watkinson from THORFeed and Jeanne Barry from RGP

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E17 Thor Thomsen and Jim Watkinson from THORFeed and Jeanne Barry from RGP

In this episode of Project Management Office Hours, Joe Pusz, PMO Joe has a great discussion with special guests Thor Thomsen and Jim Watkinson from THORFeed and Jeanne Barry from RGP.

We don’t often think about Project Management within the Farming industry. However, in this episode we get insights from Thor and Jim about the benefits, challenges, and growth opportunities farmers are experiencing through use of project management principles. Jeanne shares her experiences within traditional project management and compares those to the stories shared by Thor and Jim.

Requirements gathering, planning, monitoring and execution are discussed, but when working with farmers who haven’t been exposed to project management principles unique challenges are identified. This is a fantastic episode to understand the wide reach and benefits project management provides to business across all industries.

Tune in for upcoming shows with Project Management leaders discussing a wide range of current topics and events! Our next show will be November 1st.

THOR Feed’s purpose is to simplify and transform. We help organizations improve operations and reduce costs. Our current focus market is farming and we have established the THOR Feed solution as the leading farm inventory solution provider starting with farm feed inventory. Cattle and dairy farms single largest expense is feed. This expense is approximately 50% of operating cost. Unfortunately, feed loss (called ‘feed shrink’) occurs from feed planting to storage to feeding The University of Wisconsin, Kansas and other leading universities show an average 18%. Lowering shrink a few percentage points can reduce costs on improving farm profitability. THOR Feed provides the farmer with the following key operating metrics using smart devices on Windows, iOS and Android platforms:

Accurate inventory for all feed.
Near real time inventory status.
Precise feed utilization rates
Projected depletion dates for each feed and feed class.
Dynamic reporting

The THOR Feed solution provides benefits to farms in the following areas:

Reduced ‘backup’ feed is purchased, due to improved feed accuracy
Wise purchase based upon true need(s).
Improved negotiating power (lower costs) due to a longer lead times on future depletion dates
Less time to gather and report information (improved people productivity) with smart devices
Lower interest rates on feed loans from lending institutions due to detailed monthly reports
Reduced feed shrink due to improved planning with THOR Feed team regarding harvest, storage and herd feeding processes

Thor Thomsen grew up on a farm in Wisconsin, served in the United States Marine Corps’ special operations unit, married and entered the family entrepreneurial occupation.

Thor’s first business, Risk Management Planning, LLC, involved responding to hazardous chemical accidents around the globe using a unique subscription and consulting model. The service grew predominantly from companies and involved emergency management, first responders, schools, hospitals and even major sporting venues. Risk Management Planning expanded into another product line and simplified emergency response between first responders and various venues.

Stepping away from the family and businesses, Thor worked for Versar Inc. and eventually Thomsen Security. Services included security and safety in the water and food industry. The major program was establishing and building the United States DoD Food defense program which entailed securing the food supply chain from Field-to- Fork® around the globe. Thor conducted over 2,729 risk and vulnerability assessments, hundreds of reports and consulted with military and civilian food supply chain entities.

Thor established ThroughPoint Solutions which developed an assessment and reporting tool for the United Stated DoD and has been most recently adapted as a farm inventory solution, utilized by over 13 farms with over 32,000 head of cattle and in excess over $80 million dollars in feed inventory.

Jim Watkinson is a widely-traveled IT and project management mentor with experience in large (IBM, Unisys, Ports America) and several start-up tech companies, as well as non-tech companies seeking tech improvement. A key strength is introducing new IT functionality to industries (such as: ATMs to banks, Point-of-Sale to retail, satellite networking to energy companies, remote office communication to insurance, scheduling systems in supply chain & logistics.)

Much of Jim’s work involved process improvement in the above-mentioned industries. As a PMP and ACP, Jim enjoys thoroughly evaluating an ongoing organization, then (if needed) developing and presenting a plan to improve operations. Once, given the approval, Jim would lead the desired changes in a project management capacity.

Jim’s main purpose is to help individuals and organizations reach their top level of potential. As a team player, working along-side teams, Jim will coach, critique, appraise and recommend. Once a team finds a pace and rhythm toward reaching their potential, he moves on to the next adventure needing IT technology.

Follow THOR Feed on LinkedIn, Facebook, Twitter and Instagram.

RGP (NASDAQ: RECN), Resources Global Professionals is a multinational professional services firm that helps business leaders execute internal initiatives. Partnering with business leaders, RGP drives internal change across all parts of a global enterprise – accounting, finance, risk management and internal audit, corporate advisory, strategic communications and restructuring, information management, human capital, supply chain management, healthcare solutions, and legal and regulatory services.

Jeanne Barry is a seasoned Project Manager with 20+ years experience in the IT field with PMP, CSM, and MBA credentials. She has worked mainly on multi-million dollar infrastructure and information security projects and programs with a smattering of Development/SCRUM PM projects under her belt. She’s also worked as a Business Analyst and QA Test Lead, giving her a well rounded background in the IT field.

Before joining RGP (a former division of Deloitte and Touche) in 2017 as an IT Project Management consultant, she worked in the banking industry for 18 years, mainly on Information Security projects. She’s currently one of the PM’s managing projects in a PCI Program for a large client in Scottsdale who is in the process of obtaining their much coveted PCI AOC (Payment Card Industry Attestation of Compliance). Her PMO background is vast; fortuitously helping with the creation of PMOs in highly successful organizations, namely KeyBank and Data Management, Inc.

In her spare time, Jeanne is a semi-professional singer (she used to perform in a popular pop/rock covers band in town called Superhero), as well as a volunteer at Feed My Starving Children in Mesa (one of her most favorite charitable organizations). She loves to travel locally – especially to San Diego and Sedona). She attends holistic events around town and enjoys working on her new house she just purchased in May. As a Reiki Master, she also offers energy work clearings and healings to balance and harmonize herself and those around her.

Connect with Jeanne on LinkedIn, and follow RGP on LinkedIn, Facebook and Twitter.

ABOUT PROJECT MANAGEMENT OFFICE HOURS SERIES

Project Management Office Hours is intended to provide Project Management professionals a place to drop in and discuss Success Stories, Best Practices, and Lessons Learned. Project Management Consultant Joy Gumz has shared with us, “Operations keep the lights on, strategy provides the light at the end of the tunnel, but project management is the train engine that moves the organization forward.”

Each of us has a unique story to tell, but collectively we share a message that organizations who embrace Project Management Best Practices perform better than those which don’t. Organizations which align Projects to Strategy perform better. Organizations with Engage Executive Sponsors deliver better results. Organizations which measure Project Management performance outperform those which don’t.

During our Project Management Office Hours, we hear directly from Industry leaders how to make an impact in our profession. How we, collectively, will Advance Project Management Best Practices, One Listener at a time!

Project Management Office Hours is powered by The PMO SQUAD.

ABOUT YOUR HOST

Joe Pusz started THE PMO SQUAD to bring real world PMO Leadership experience to the consulting space and to advocate for Project Management through his blog PMOJOE.com. The old saying is “Do what you love and you’ll never work a day in your life.” Following this mindset Joe left Corporate America in 2013 to start THE PMO SQUAD and work with fellow Natural Born Project Managers to advance Project Management Best Practices.

THE PMO SQUAD focuses exclusively on PMO and Project Management consulting. Corporate America is full of Accidental Project Managers running projects who haven’t been trained to be PMs. To help solve this problem THE PMO SQUAD is on the Leading Edge with PMO As a Service. PMO As a Service allows our clients to focus on their respective core competencies while THE PMO SQUAD delivers Project Management expertise. Contact Joe at 678-591-7868. Follow The PMO Squad on LinkedIn, Twitter and Facebook.