CLOUD FINANCE ASSOCIATION
Brice Wallace
Utah has a new professional organization, one focusing on cloud investments.
The Cloud Finance Association aims to revolutionize how finance and accounting professionals approach cloud spend optimization. Its goals include helping professionals make informed, data-driven decisions that enhance financial accountability “and unlock the full potential of cloud investments.”
“With billions of dollars wasted annually due to underutilized or poorly optimized cloud resources, the CFA believes finance and accounting professionals are uniquely positioned to transform these investments into key drivers of business success,” the association said in a news release announcing its formation.
“Our goal is to create a collaborative community where finance and accounting professionals can exchange ideas and share best practices to enhance the financial value of cloud resources,” the founding organizations said in a joint statement. “Together, we can address the specific challenges of managing cloud spend and unlock new opportunities for growth.”
Those founding organizations are Squire Technology LLC, based in Orem, and Moneta and Tanner LLC, both headquartered in Salt Lake City.
The association hopes to empower its members with the tools, knowledge and resources “needed to drive meaningful business growth.” It will offer opportunities to connect, collaborate and develop new solutions through educational events, CPE-qualified conferences, and access to cutting-edge methodologies.
“Innovation is at the core of what we do,” the partners said. “By equipping our members with the latest tools and encouraging fresh perspectives, we foster an environment where professionals can continuously seek out better solutions for managing cloud finance.”
The association is seeking membership of finance and accounting professionals passionate about cloud spend optimization and financial accountability. “Together, they will help shape the future of cloud finance and drive businesses toward greater success,” it said.
Specifically, membership is open to finance and accounting professionals, board members, business owners or institutional investors with portfolio companies using cloud technologies. Also eligible for membership are finance and accounting students and professors with an interest in cloud finance. Details are available at www.cloudfinanceassociation.org or by contacting Erin Hudman at info@cloudfinanceassociation.org or 385-215-9089.