The RTP CFO Forum meets Thursday, November 17, 2022 (AFTERNOON IN-PERSON MEETING)

17nov4:00 pm6:00 pmThe RTP CFO Forum meets Thursday, November 17, 2022 (AFTERNOON IN-PERSON MEETING)

Event Details

The RTP CFO Forum will hold
its next monthly meeting on Thursday, November 17, 2022

The Forum provides a peer-to-peer
networking opportunity for approximately 250 CFOs and similar senior financial
executives to learn practical solutions to the challenges they face.

PLEASE NOTE: We have resumed meeting in person with an
afternoon time!

Please RSVP to Jessica Smith
by Wednesday, November 16, at 919.232.5991 or email

4:00 p.m. – 4:30 p.m.  

4:30 p.m. – 5:30 p.m.   Program  

5:30 p.m. – 6:00 p.m.   Networking


Location:  Hughes Pittman & Gupton, LLP • 1500 Sunday Dr. • Suite 300
• Raleigh

Topic: Why Technology
Is A Critical Driver of M&A Synergy

Objective: The speakers will discuss the value creation during a company merge.
They will look at the four synergies: Revenue, Cost, Capital, and Technology,
and discuss why the last synergy is just as important as the first three.

Speakers: Jeff Britton, Director, Technology Advisory, MorganFranklin
Consulting and Chase Sommer, Partner, Accounting & Finance Solutions, Vaco

When two companies merge to
become a single entity, value creation is traditionally viewed through the lens
of three synergies: revenue, cost, and capital. However, a fourth critical
driver of synergy exists and is often underestimated. Technology synergies,
traditionally viewed as a subset of cost synergies, account for more than 50%
of the total synergy value in most transactions. Therefore, technology should
be considered a standalone driver of synergy to capture value.

To realize the potential value of
technology synergies, considerable IT due diligence and post-transaction
technology transformation must be undertaken, including cloud application
adoptions, ERP footprint rationalizations, process automation (e.g., RPA , AI ,
ML ), and IT operational model redesign to combine the two companies. This
process can be complicated and costly if done incorrectly; however, we
identified five key enablers that lead to successful technology synergy


Jeff Britton – Director, Technology
Advisory, MorganFranklin Consulting

Jeff is a proven and trusted advisor, with almost 20 years
of experience helping organizations optimize business processes and technology.
He has significant experience in nonprofit, financial services, state &
local govt, manufacturing, retail, and healthcare. Jeff’s core areas of
expertise include Technology Strategy, Digital Transformation, IT Budgeting
& Cost Optimization, Governance, Cybersecurity and Analytics.


Chase Sommer – Partner, Accounting
& Finance Solutions, Vaco

Chase entered the recruiting industry with several years of
public accounting and audit experience, giving him a unique inside
understanding of how financial organizations run effectively, and what hiring
managers are looking for when adding top talent to their teams. Chase achieved
“Rookie of the Year” nationwide in 2018 and currently leads the Accounting
& Finance permanent search practice for Vaco Triad.


the RTP CFO Forum:

RTP CFO Forum serves approximately 250 CFOs and similar senior financial
executives in the greater Raleigh, Durham, and Chapel Hill region. The Forum
provides interactive networking and discussion of technical and strategic
topics in a secure environment created exclusively for senior-level peers,
sparking new ideas and practical solutions to pressing issues. The combination
of relevant speakers and topics with opportunities to build professional
networks enables its members to grow and thrive.  CPE is provided on
select topics. To learn more, visit

note that the RTP CFO Forum is typically scheduled for the third Thursday of
every month from 4 p.m. – 6 p.m. Attendance is limited to CFOs or senior
financial professionals in similar positions.

RTP CFO Forum is sponsored by
Hughes Pittman & Gupton, LLP.  For more information, please contact us.



November 17, 2022 4:00 pm - 6:00 pm(GMT+00:00)