David J. Fionda, MS CPA, is a highly accomplished, internationally recognized speaker and consultant on finance systems — he has overseen more than 250 successful finance system implementations in his 30-year career. The business veteran has been helping the Business Breakthrough Network coordinate events since the very beginning, and just recently has agreed to become the host of our weekly Business Breakthrough Thursday podcast. He received a B.S. in Accounting from Bentley University and holds an M.S. in Technology Commercialization from Northeastern University. He is a member of the American Institute of Certified Public Accountants and the Massachusetts Society of Certified Public Accountants. Here is his introduction and thoughts on where the podcast will take us.
I am so pleased to be a part of the Business Breakthrough Network. I’d like to tell you a little bit about myself, and then a little bit about our podcast. I started my career with the international CPA firm Arthur Andersen and Company. After cutting my teeth on accounting challenges both big and small, I joined the accounting and finance faculty at Babson College, one of the premier business schools in the country.
After Babson, I started one of the first organizations to focus exclusively on implementing mid-market financial information systems from Microsoft Business Solutions. I grew the organization to be one of their most successful business partners, with over 300+ successful finance system implementations across a range of company sizes and industries. I was also one of the designers of Microsoft’s leading Dynamics GP mid-market software solution, serving on their design advisory team.
I then acquired the Italian market rights for Microsoft’s SMB accounting solutions. Despite 14 U.S. accounting software companies failing before him, including Olivetti, who spent over $1 million to being a product to market, my knowledge of technology, ERP and finance systems and immersion in the incredibly complex requirements of the Italian and European markets resulted in a solution that was brought to market in less than 10 months.
I was then asked by Inc. Magazine to develop a new methodology to plan, select and implement finance systems. The “Planning a State of the Art Financial Information System” Executive Briefing was attended by over 500 mid-market and enterprise C-level executives. My strategic methodology was used by many of these organizations, saving them millions of dollars.
Upon selling my finance systems practice, one of several successful exits I’ve achieved, I joined the team at SAP, with a focus on developing solutions for their mid-market customers using a combination of R/3 and Business One.
I was then hired by top international defense contractor Raytheon to help solve several critical finance and ERP system initiatives. Leading a team of internal subject matter, finance, learning and technology experts, I developed a series of programs and solutions using Six Sigma methodology that saved the company millions of dollars.
In 2012, I joined the faculty of Bentley University, and I’ve been teaching Managerial Accounting at the McCallum Graduate School since then. My classes are in a hybrid format, combining both in-class instruction as well as virtual classroom settings from all over the country — yes, this was pre-COVID-19!
I also serve as a director of blumshapiro’s Business Software Advisory Group, where I work with prospective and current customers, partners and firm clients to assess needs and opportunities for transitioning their finance systems to the cloud, either through Business Process Outsourcing (BPO) or company internal cloud solutions.
To summarize my background: I love business and entrepreneurship. There is just something about having an idea and seeing it grow.
In this podcast, we will share perspectives on three key growth areas that the Business Breakthrough Network focuses on: Growth, Profitability and Productivity. Each episode, we’ll interview one smart business leader who has found a smart strategy to break through the barriers to success in one or more of these areas. In each 20-minute episode, we’ll explore important concrete action steps that you can take at your company today to start you on your way to greater success.