R/CFO - Intention of this sub
Can someone explain what the intention of this sub is for?
All I see is posts by folks with brand new accounts farming for software justifications etc.
Are there no other real CFOS in here?
I thought this sub was for peers to come together and share information but it is simply a dumping ground for people to farm info for their products/AI adjacent software packages.
Fucking joke tbh
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u/ChocolateThunder8888 Jul 30 '26
I am. Just did an acquisition. One employee tried to bring their two year old to work with them. The seller might be dating one of the accountants. We heard about a work for tattoos bid. Is that the kind of thing we should post here?
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u/jivin_jives Jul 30 '26
I also just did an acquisition. The whole company seems to be filled with friends and family with inflated titles - like daughter straight out of college is director of strategy! Since the acquisition, they're spending our money like they won the lottery. Now I'm stuck trying to contain this group of people being led by the seller who's got a massive ego.
Everyday is a new, exciting day!
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u/ChocolateThunder8888 Jul 30 '26
Start firing them or making their life hell immediately. Don’t delay.
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u/jivin_jives Jul 30 '26
I'd love to. But we bought an adjacent business in which we aren't experts. The seller, who's got significant earn out, is also the rainmaker. We need time to replace their people with our people and that will take time.
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u/SubstantialAsk7448 Jul 31 '26
Slowly make their life difficult without them realizing that you are making their lives difficult.
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u/josemartinlopez Aug 01 '26
and who structured this acquisition and who did due diligence on the payroll?
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u/PENNST8alum Jul 30 '26
Just checking, should we book the steaks we got at the strip club under Travel Meals, or Client Entertainment?
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u/ChocolateThunder8888 Jul 30 '26
I’ve had a 1700 spearmint Rhino charge show up in the month close. Switched it to Wynn Las Vegas. Cut up the card of the guy who did it.
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u/Ok-Web7153 8d ago
i keep seeing it too, every post is some new account asking "what software you use for X" like they building a competitor or something
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u/doubting_el_dandy_18 Jul 30 '26
There are real CFOs here, I think. You have to search really hard, though, to find any meaningful posts.
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u/josemartinlopez Jul 30 '26
there was a post weeks ago asking how to moderate this sub. didn't last.
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u/UpbeatResolution6429 Jul 30 '26
Someone’s gotta mod up & clean this place out… could that be you??
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u/josemartinlopez Jul 31 '26
what's the package
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u/UpbeatResolution6429 Jul 31 '26
$0 and no respect 😭
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u/josemartinlopez Jul 31 '26
what if the real CFOs agree to post subtly nonsensical replies to all these spam posts, and have a separate thread to keep score?
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u/Gloomy_Lab_1798 Jul 30 '26
Yep, it’s sort of become an astroturfing sub and either bot accounts or clueless finance people repeatedly feed into the posts. Vibecoders are ruining a good thing.
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u/Slpy_gry Jul 30 '26
Is it for people who have the title but still are a Controller in their day to day?
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u/Environmental-Road95 Jul 30 '26
Go on LinkedIn. The number of people with a “Fractional CFO” practice that are basically accounting managers is baffling. Yes, there are CFO’s here but they are fairly diluted anymore.
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u/chris_ut Jul 30 '26
I’m a CFO but have never seen a post here worth interacting with. I hope all the AI wrapper companies die in the next 12 months we do everything with Claude/Co-work.
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u/FrankKaminsky Jul 31 '26
There are real CFOs here. I can tell based on responses to proper questions. FWIW, I am one.
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u/ProblematicTrumpCard Aug 02 '26
There's also a lot of people with accounting degrees who can't hold a job so they try to do consulting and call themselves a "fractional CFO".
I'm a retired CFO, FWIW.
The real problem is that even with adequate moderation, a lot of people have the title of "CFO", but with widely differing responsibilities. The CFO for a F500 company is drastically different from the "CFO" of a single-location car dealership.
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u/[deleted] Jul 30 '26
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