At the 2025 Factor Insights CFO Day in Melbourne, Rob Stummer (Director of Growth) and Mike Jabour (Regional Director) delivered their key note, Lessons Learned from Finance Digital Transformations: An Independent Perspective.
Their session was one of the most well-received presentations of the day, resonating with CFOs leading digital transformation and ERP modernisation.
The big takeaway across the event was clear, clean, structured data is the foundation of every successful digital project and a prerequisite for meaningful AI adoption.
Drawing on years of experience across Australia and New Zealand, Rob and Mike shared practical lessons that help finance leaders avoid costly missteps and deliver measurable outcomes.
Lessons Recap
From scars to strategies – what CFOs wish they’d known sooner
- Start with strategy, not software
- Build the right foundations early
- Choose your partners wisely
- Set realistic expectations
- Put your best people on the project
- Don’t underestimate data readiness
- Change management isn’t a side project
- AI won’t fix broken processes
- Measure progress, not perfection
- Consider external expert advice – such as SMC
These lessons highlight the importance of strategy, governance, data readiness, and people in driving digital transformation success.
Access the full presentation (PDF) below.
Presented by Rob Stummer and Mike Jabour, Solution Minds Consulting.