Scot Parnell's guest appearances

Scot Parnell

CFO THOUGHT LEADER

CFO Weekly

Dave Damond

Ken Kaufman

Roy Austin

Tyler Sloat

Bal Bhullar

Jim Morgan

Thomas Kramer

John Collins

John Cappadona

Tom Fencl

David Burt

Sarah Spoja

Julian Love

Bob Feller

Dave Kellogg

OwlTail

Scot Parnell is the Chief Financial Officer at DailyPay. Since joining the team, DailyPay has built a fortress balance sheet to ensure the safety and soundness of their offering. Scot spent over twenty years as a finance leader in various organizations, such as TIAA, Citi Group, and Student Loan Corporation. He has a wealth of expertise and experience leading businesses to achieve financial success. Matched with his entrepreneurial spirit and enthusiasm, Scot has played a pivotal role in laying down the cultural foundation at DailyPay and designing an efficient finance team. An effective communicator and changemaker, he is known to drive visions from "here" to "there." Today, Scot shares insights about a topic new to the market, on-demand pay.In this episode, we discuss:- What is on-demand pay?- The ups and downs of on-demand pay- How to successfully move from a large company to an earlier stage growth companyLearn more about Scot and DailyPay:Scot Parnell's LinkedInDailyPay's WebsiteEpisode resources:Personiv's WebsitePersoniv on LinkedInPersoniv on FacebookPersoniv on TwitterIf you enjoyed this episode then please either:Follow, rate, and review on Apple PodcastsFollow on SpotifyCFO Weekly is hand crafted by our friends over at: fame.soPrevious guests include: Jack McCullough of The CFO Leadership Council, Sarah Spoja of Tipalti, Ken ''Mr. Biz'' Wentworth of Mr. Biz Solutions, Bryan Lapidus of Association for Financial Professionals, Jeremey Foster of Talroo, Ian Schnoor of Financial Modeling Institute, John Cappadona of School of Rock, Chris Caprio of Focus Technology and Amy Myrland of Capitol Bank. Check out our three most downloaded episodes:Strategic Planning and Forecasting for the Future w/ John CappadonaMastering Financial Modeling for Top Business Decisions w/ Ian SchnoorLearning the Best Practices of an M&amp;A Finance Process w/ Liz Hosman and Mark MillerIf you are interested in joining CFO Weekly as a guest, please complete this form: fame.so/cfo-guest

Scot Parnell is the Chief Financial Officer at DailyPay. Since joining the team, DailyPay has built a fortress balance sheet to ensure the safety and soundness of their offering. Scot spent over twenty years as a finance leader in various organizations, such as TIAA, Citi Group, and Student Loan Corporation. He has a wealth of expertise and experience leading businesses to achieve financial success.  Matched with his entrepreneurial spirit and enthusiasm, Scot has played a pivotal role in laying down the cultural foundation at DailyPay and designing an efficient finance team. An effective communicator and changemaker, he is known to drive visions from "here" to "there." Today, Scot shares insights about a topic new to the market, on-demand pay. In this episode, we discuss: - What is on-demand pay? - The ups and downs of on-demand pay - How to successfully move from a large company to an earlier stage growth company Learn more about Scot and DailyPay: <ul><li>Scot Parnell's <a href="https://www.linkedin.com/in/scot-parnell-04a8633/" rel="nofollow" target="_blank">LinkedIn</a></li><li>DailyPay's <a href="https://www.dailypay.com/" rel="nofollow" target="_blank">Website</a></li></ul>Episode resources: <ul><li>Personiv's <a href="https://www.personiv.com/" rel="nofollow" target="_blank">Website</a></li><li>Personiv on <a href="https://www.linkedin.com/company/personiv" rel="nofollow" target="_blank">LinkedIn</a></li><li>Personiv on <a href="https://www.facebook.com/personiv/" rel="nofollow" target="_blank">Facebook</a></li><li>Personiv on <a href="https://twitter.com/personiv?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" rel="nofollow" target="_blank">Twitter</a></li></ul>If you enjoyed this episode then please either: <ul><li>Follow, rate, and review on <a href="https://apple.co/3GfVdnF" rel="nofollow" target="_blank">Apple Podcasts</a></li><li>Follow on <a href="https://spoti.fi/3lWbQfR" rel="nofollow" target="_blank">Spotify</a></li></ul>CFO Weekly is hand crafted by our friends over at: <a href="https://www.fame.so/?utm_medium=podcast&amp;utm_source=bcast&amp;utm_campaign=masters-of-community-with-david-spinks?utm_medium=podcast&amp;utm_source=bcast&amp;utm_campaign=confessions-of-a-b2b-marketer" rel="nofollow" target="_blank">fame.so</a> Previous guests include: Jack McCullough of The CFO Leadership Council, Sarah Spoja of Tipalti, Ken ''Mr. Biz'' Wentworth of Mr. Biz Solutions, Bryan Lapidus of Association for Financial Professionals, Jeremey Foster of Talroo, Ian Schnoor of Financial Modeling Institute, John Cappadona of School of Rock, Chris Caprio of Focus Technology and Amy Myrland of Capitol Bank.  Check out our three most downloaded episodes: <ul><li><a href="https://podcasts.bcast.fm/e/5nzy2vl8-strategic-planning-and-forecasting-for-the-future-w-john-cappadona" rel="nofollow" target="_blank">Strategic Planning and Forecasting for the Future w/ John Cappadona</a></li><li><a href="https://podcasts.bcast.fm/e/m84kyryn" rel="nofollow" target="_blank">Mastering Financial Modeling for Top Business Decisions w/ Ian Schnoor</a></li><li><a href="https://podcasts.bcast.fm/e/v851r158-learning-the-best-practices-of-an-m-a-finance-process-with-liz-hosman-and-mark-miller" rel="nofollow" target="_blank">Learning the Best Practices of an M&amp;A Finance Process w/ Liz Hosman and Mark Miller</a></li></ul>If you are interested in joining CFO Weekly as a guest, please complete this form: <a href="https://docs.google.com/forms/d/e/1FAIpQLScP2qqnpr7GoTcTC2G1Z5jWVC0srl11AzGhnRMMnjI-zlTK-A/viewform" rel="nofollow" target="_blank">fame.so/cfo-guest</a>

Why On-Demand Pay Can Become the Future Payroll Model with Scot Parnell

DailyPay

We are nearly at the end of our interview with Scot Parnell when we ask him to explain what led him to accept the CFO position at DailyPay, a company with a pioneering technology inside the human capital management realm. This is a question that we had asked a little earlier in the interview, but this time we want to know what other factors may have contributed to his decision. Although Parnell has already put forth a compelling explanation of DailyPay’s unique offerings, he is happy to share a bit more with us. “This role was absolutely fascinating. I was at a place in my life where I could take some risks, and I also think that I’ve got some runway here. For me, it was too important to be absolutely excited about goingto work every day. It makes me a better leader. It makes me a better husband and father when I find fulfillment in what I’m doing,” explains Parnell, whose response suddenly widens our lens to a better view of what sets apart his latest CFO career chapter from earlier ones. “As I sat back and looked at what I wanted to do next, this just felt like I could get more excited about it and put more of my soul into it, so that’s what I did,” he continues, while expressing a sentiment that many finance leaders experience but frequently resist acting upon. Having spent the past 20 years as a finance leader in large enterprise organizations, Parnell has observations about the entrepreneurial realm that undoubtedly signal a fresh enthusiasm that few CFOs can muster—and particularly those who may have built their careers as start-up CFOs and but over time have become more integrated into their surroundings. Nonetheless, when it comes to CEO–CFO relationships, Parnell’s comments are suddenly strikingly similar to those of a broad swath of his CFO peers: “The CFO and CEO have to do a Vulcan mind-meld to make sure that they’re not only of the same mind, but also able to work together as a team and provide each other balance and support.” –Jack Sweeney

We are nearly at the end of our interview with Scot Parnell when we ask him to explain what led him to accept the CFO position at DailyPay, a company with a pioneering technology inside the human capital management realm. This is a question that we had asked a little earlier in the interview, but this time we want to know what other factors may have contributed to his decision. Although Parnell has already put forth a compelling explanation of DailyPay’s unique offerings, he is happy to share a bit more with us. “This role was absolutely fascinating. I was at a place in my life where I could take some risks, and I also think that I’ve got some runway here. For me, it was too important to be absolutely excited about goingto work every day. It makes me a better leader. It makes me a better husband and father when I find fulfillment in what I’m doing,” explains Parnell, whose response suddenly widens our lens to a better view of what sets apart his latest CFO career chapter from earlier ones. “As I sat back and looked at what I wanted to do next, this just felt like I could get more excited about it and put more of my soul into it, so that’s what I did,” he continues, while expressing a sentiment that many finance leaders experience but frequently resist acting upon. Having spent the past 20 years as a finance leader in large enterprise organizations, Parnell has observations about the entrepreneurial realm that undoubtedly signal a fresh enthusiasm that few CFOs can muster—and particularly those who may have built their careers as start-up CFOs and but over time have become more integrated into their surroundings. Nonetheless, when it comes to CEO–CFO relationships, Parnell’s comments are suddenly strikingly similar to those of a broad swath of his CFO peers: “The CFO and CEO have to do a Vulcan mind-meld to make sure that they’re not only of the same mind, but also able to work together as a team and provide each other balance and support.” –Jack Sweeney

566: Building Your P&L Culture | Scot Parnell, CFO DailyPay