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The New Vumero is Coming

We’ve had a really busy few months here at Vumero.com.
 
Relaunching Vumero 2013
We’ll soon be re-launching the Vumero.com brand as part of our global expansion in 2013. We’ve secured long-term major international professional services partnership/s that will help turbocharge the Vumero Community and value-proposition. We’re transforming the way Vumero is delivered and experienced by our Accounting, Private Equity, Finance and Corporate Clients. Expertise in Finance and Financial Modelling will always be important parts of the Vumero vision – we’re just taking it to the next level with a faster, deeper, more trusted professional offering. Each partnership and enhancement will be announced over the coming months. Existing Vumero professionals will have a smooth transition to our improved online marketplace technology platform.
 
If you have any further ideas or suggestions – we’d love to hear them at info@vumero.com

Simon Benninga to Judge ModelOff Finals in New York

ModeOff 2012 is delighted to welcome Professor Simon Benninga as judge for the Finals of the inaugural 2012 Financial Modeling World Championships to be held in New York on 1st December 2012.
 
Professor Benninga is among the world’s best known and most influential figures in International Finance and Financial Modeling. He is Professor of Finance at Tel Aviv University and Visiting Professor of Finance at the Wharton School at the University of Pennsylvania. His Financial Modeling textbooks have become the standard modeling text for finance students and professionals worldwide – covering corporate finance, portfolio modeling, options, bonds, advanced Excel techniques and VBA. For over 30 years Professor Benninga has taught at many of the world’s most prestigious international business schools and has advised many leading private and public Finance institutions including the Tel Aviv Stock Exchange, PWC and New York Institute of Finance.
 
Professor Benninga has dedicated his life to teaching and solving real-world business problems with financial models and spreadsheets. It’s only fitting that he judge the inaugural 2012 Financial Modeling World Championship as he continues to inspire the next generation of finance leaders. ModelOff, Vumero and all the event partners are excited to have him on board.
 

 
 
For more information on ModelOff visit www.modeloff.com or contact info@modeloff.com

The case for Financial Contractors on transactions

“We expect that at least one-third of the global workforce could be hired online by 2020 — we’re witnessing an incredible change take hold: In the future, we will all be managers” [1]
 
Gary Stewart (CEO Odesk) begins to paint a dynamic – and somewhat frightening – picture of the potential rapid changes to the future global workforces over the next decade.  With over 63% of the world’s GDP delivered by services[2] – the impact will no doubt be profound and far-reaching.
 
Many of the largest professional services firm – like KPMG[3] – saw the same potential for an improved delivery models (including Knowledge Process Outsource) over the past 5 years[4]. New consulting and advisory models have recently emerged into mainstream brands – including Eden McCallum (UK), Business Talent Group (US) and Evisors (US) – which re-configure the value proposition of consulting and professional services.  Deloitte’s Centre for the Edge continues to push the exciting boundaries of professional services – especially crowdsourcing, talent management and enhancing performance [5].
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Financial Modeling 101

Over the past week, two events have helped me realise how poorly Finical Modeling is understood.
 
A final year commerce student that I mentor described financial modeling to me as “anything to do with Excel”. What is more concerning is that at a finance networking event a few days later, there was an equally surprising ignorance as to the power and insight that good financial modeling can provide.
 
Therefore, in the interests of improving general understanding, I want to share this excellent article by Eric Augusta about the importance of Financial Modeling and its critical elements.
 


 

(Click HERE or on the image above to view the article)

 
 

Inaugural 2012 ModelOff Financial Modeling World Championships – Launch

Vumero, together with its event partners, are delighted to announce the launch of ModelOff – the 2012 Financial Modeling World Championships. (www.modeloff.com)

ModelOff is a fun, innovative and professional competition that celebrates the highest standard of finance and financial modeling excellence among students and young professionals worldwide. After months of planning, the ultimate financial modeling championship is here:

  • Two online rounds (29th September; 27th October 2012)
  • Live Finals Championship event held in New York, USA (1st December 2012)

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New Vumero Features

We’ve been busy improving the Vumero experience over the past few months. We thank our clients and Finance experts across a variety of timezones and countries for their valuable feedback and suggestions (and many late night calls and coffees to help!). We’ve rolled out new changes to make it even easier to hire and manage global Finance experts for important projects and transactions. In a nutshell:
 
Trusted Quality
We continue to focus heavily on trust – among the most important tasks of any online marketplace. We’ve introduced more comprehensive profile pages, experienced Finance expert verifications and made it simpler to manage projects through the Vumero platform.
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Vumero now a BizSpark featured Startup

Vumero has recently been announced as a featured startup in the Microsoft BizSpark Program.

Read more here

Background to Deloitte and Vumero

It starts with an Idea

I first met Johann Odou and John Persico in June 2011 when they approached me for coffee at Deloitte. They told me they had recently quit their jobs and had a vision that global Professional Services could be more valuable if crowdsourced. They saw opportunities to make professional services more accessible, transparent and affordable to Small Businesses and Entrepreneurs. They saw a major gap in the market between predominantly price-driven online marketplaces such as Freelancer and Odesk and the big professional services firms such as Deloitte.
 
I was impressed with the vision of these two aspiring entrepreneurs and distinctively remember them making the comment – “Deloitte Digital was the only place who would “get” what we are trying to achieve in online Professional Services”. To me it’s a great compliment when the outside Community recognised the vision and culture we have created here at Deloitte Digital.
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89 Web Tools for Everyday Business (p.s. most are free!)

Bluewire Media recently published an article written by Vumero CEO, John Persico.

Read the full article here:
http://www.bluewiremedia.com.au/blog/2012/03/89-web-tools-for-business/

The decade when Small Business became King

We might remember 2012 as the beginning of a golden decade – the era that small business value creation became easier and more abundant in driving Global GDP. There has been no better time to own, start and run a small business than right now. Particularly online businesses. The economics of the internet has profoundly closed the resources gap between the haves and have nots. With cheaper and more accessible technology combining with an emerging global middle-class of several billions (e.g. China, India, Indonesia, Brazil) – it should be unsurprising that small businesses will play a more active and vocal role in the global business policy agenda in the decade ahead.
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