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Cloud ERP + Time = Strategic Influence

When Kote Lomidze became World Learning\u2019s CFO four years ago, he immediately began enhancing the functionality of a cloud-based ERP platform the global educational non-profit had implemented six months earlier. The work, which Lomidze oversaw in a very hands-on way, generated valuable returns as measured in dollars, time and influence. Thanks to his technological savvy, Lomidze and his team spearheaded the adoption of applications that streamlined timesheets and improved the collection of vendors' banking information among numerous other benefits. In all, Lomidze and his team spearheaded the adoption of 10 applications, which greatly reduced the time the function spends chasing data and closing the books. \u201cWe spend more time analyzing the data and translating that data into actionable outcomes,\u201d he says. Less time on reconciliations also translates to more time supporting decision-making that \u201cinfluences how the organization is run,\u201d adds Lomidze, who discusses all of the tools and knowledge he deploys while operating with a for-profit mindset to help sustain World Learning\u2019s mission well into the future.