Cfo Thought Leader
558: Achieving Ongoing Customer Value | David Ertel, CFO, Vizient
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:41:03
- More information
Informações:
Synopsis
CFOTL: What metrics are top of mind for you? ERTEL: Largely defined, most of Vizient's revenue is—I'm going to put it in air quotes—"subscription-oriented." Some of it is literal subscriptions, whether SaaS or other offerings, but much of it is driven by multiyear contracts that operate as subscription services, such as for clinical data or for a group purchasing organization. While on the one hand this provides great visibility on future revenue, the challenge with these types of organizations is to not just sit back and rest on your laurels. What offerings enhancements do you put forward to really take advantage of the built-in stickiness that you have because it's either a contract or a subscription that serves as a contract? How do you really enhance something so that you're providing value to those customers on an ongoing basis by improving the offerings? That's a good starting point, but it doesn't change the dynamic of the fact that you have to be out there every day as a company, whether you're on th