MANCHESTER, N.H. -- (BUSINESS WIRE) -- OIKOS Software, Incorporated, a provider of cloud-based financial applications for planning, reporting and analytics, today announced the appointment of Shannon O’Brien to its Board of Directors.
O’Brien is the former state treasurer and receiver general of the Commonwealth of Massachusetts. She served three terms as a state representative and one as state senator. O’Brien made history as the first woman to serve as state treasurer and to be nominated by a major party for governor. Currently, she is the principal of the O’Brien Group, providing strategic advice to both early and growth-stage technology companies, and is the co-founder and president of Caelum Networks, a cloud-services company.
OIKOS Software addresses time and accuracy issues that mid-size and larger companies face when using spreadsheets or packaged financial applications for financial reporting. Its first product, OIKOS Delos®, measures and forecasts the most critical stage of the cash-conversion-cycle. It accurately calculates Day Sales Outstanding, identifies inadequacies that require attention, and provides management with real-time accurate turnover of accounts receivable to cash. OIKOS Software will release additional Treasury, Financial, and Tax offerings in 2014.
O’Brien supports New England based, highly innovative, technology firms. “I am excited and honored to be appointed to join the board of OIKOS Software,” said O’Brien. “OIKOS Software’s modus operandi is cutting edge; propelling a company’s ability to manage critical monetary disciplines, thereby utilizing resources in a way that better support strategic and logistical decisions leading to improved financial stability and corporate value.”
“We are fortunate to have someone of Shannon’s reputation and experience on our board as we roll out additional applications in 2014,” said Janice Leahy, CEO. “With her strategic guidance, we are committed to serving CEO/CFOs, corporate executives, external auditors, VCs and others with a clear view of what is financially occurring within an organization.”
About OIKOS Software (www.oikossoftware.com)
Founded in 2013, OIKOS Software, Inc. offers cross-industry, SaaS-based Treasury, Financial Accounting and Financial Tax solutions to midsize and larger organizations for planning, reporting and analytics – enabling customers to save time and increase accuracy.