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The CFO’s New Caddie: How LPGA is Teeing Up a Future-Ready Finance Team

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The CFO’s New Caddie: How LPGA is Teeing Up a Future-Ready Finance Team

When you think of the Ladies Professional Golf Association (LPGA), you might picture championship swings on perfectly manicured fairways. But behind the glamour of the tour is a complex, multi-layered global business navigating the same intense financial pressures as any other international enterprise.

For Mary Salter, LPGA’s Chief Financial Officer (CFO), steering this operation meant confronting a hazard that wasn’t on the course: a legacy finance system holding her team back. Navigating the risks of on-premise servers and cumbersome manual processes required a new kind of caddie—one powered by modern technology.

“Prior to Sage Intacct, we were on an older Sage product,” Salter explained during an interview with ERP Today at the Sage Future Conference in Atlanta. “Our data was on a local server, and we’d heard about some other organizations that were having these cybersecurity breaches, so we knew we needed to address security. Moreover, we found that just transacting in the old system had become cumbersome, and we were even doing bank recs in Excel, which was a bit antiquated.”

According to Salter, the move to Sage Intacct was, therefore, about mitigating risk and fundamentally changing the finance team’s role from scorekeepers to strategic players.

Giving Time Back to Drive the Business Forward

For Salter, the actual value of any technology is measured in the one resource you can’t buy: time. The goal was to automate the mundane to free up her team for more impactful work.

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“Any right technology tool should give you time back, so you can use and repurpose it to do more strategic things or process improvements, or tasks that can drive the business forward,” Salter stated.

This philosophy extended beyond the finance department. By implementing a system with accessible dashboards and streamlined check requests, managers across the LPGA were empowered. The efficiency gains were not isolated in a single department but radiated throughout the organization, allowing everyone to focus on what truly matters.

Building Trust in a World of AI and Automation

However, implementing a new system is one thing; trusting it is another. This is especially true when introducing concepts like AI and automation. For Salter, trust was the linchpin for successful adoption. “Can I trust the outputs? Can I trust what the system is producing?” she asked, voicing a concern many finance leaders share when evaluating new technology.

The proof came from tangible results. A prime example was the month-end close, a notoriously painful process for any organization with multiple subsidiaries. Salter said that the LPGA has five, including three international entities.

“Consolidation took days before the new system,” Salter recalled. “Once we shifted to Sage Intacct, consolidation began to take minutes instead of days and was very reliable and trustworthy. We’ve now reduced the close time by 50%.”

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Salter added that when presenting financials to the board or executive leadership, she could stand behind the numbers with absolute certainty, backed by a system that worked flawlessly under pressure.

A Flexible, Future-Forward Partnership

One of the most compelling aspects of the LPGA’s journey is its pragmatic, piece-by-piece approach to modernization. Rather than a disruptive big bang implementation, the LPGA adopted capabilities as its needs evolved—a strategy that Sage highlighted in its announcements this week.

Salter pointed to a specific example with their UK subsidiary. At the time of implementation, the subsidiary’s existing Sage 300 product was better suited for local VAT tax requirements. Instead of forcing a fit, they waited. “We pivoted and decided not to put our UK subsidiary on Sage Intacct until the product could be further developed,” she said.

This forward-looking, adaptable approach excites Salter the most, especially with the recent announcements about Sage Copilot and AI. “I love a partner that is not just meeting you where you are but providing something that you didn’t even know you needed,” she remarked.

For the LPGA, finance transformation is not the end goal. It’s a critical enabler of its core mission. As Salter concluded, “Our mission is simple: to empower women and change their lives through the game of golf. So, if anyone can come alongside us and help drive that mission home, we’re excited about that opportunity.”

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What This Means for ERP Insiders

Embrace composable ERP as a practical reality. The monolithic, all-or-nothing ERP implementation is no longer the only path. The LPGA’s decision to temporarily keep its UK subsidiary on a different system demonstrates the power of a flexible, phased approach. For ERP professionals, this means focusing on incremental value and choosing partners that allow building a tech stack that fits the business’s unique, evolving needs rather than forcing the company to fit the software.

User trust is the gateway to AI adoption. Sage’s investment in AI and tools like Sage Copilot is exciting, but Salter’s perspective underscores a critical truth: adoption hinges on trust. Before finance teams embrace AI for complex forecasting, the system must prove its reliability on foundational tasks. By automating and perfecting processes like financial consolidation, Sage is building the credibility needed for users to trust its AI-driven insights eventually. The lesson is clear: build trust in the basics first, and the leap to advanced AI will feel like a natural next step, not a risk.

The true ROI of ERP is redeployed human intellect. A modern ERP’s most powerful business case is process efficiency and elevating the human workforce. Salter’s focus on giving time back so her team can drive the business forward is the ultimate goal for most finance organizations. For ERP professionals building an investment case, the narrative should shift from cost savings to value creation. A successful implementation unleashes an organization’s workforce from the drudgery of manual tasks to focus on strategic analysis, innovation, and direct impact on the organization’s mission.

 

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How can I illustrate our financial position to a spouse who shows little interest?

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How can I illustrate our financial position to a spouse who shows little interest?

Reader question: My spouse has little interest in our financial position. As we age, this concerns me. I try to share some basic information (income, spending, account balances, debt, and so on) each month but rarely get a response. I think graphs or charts might be of more interest to her than a bunch of numbers. What recommendations would you have for illustrating our financial position so that I am not the only person aware of how we are situated? Thanks!

Answer: Your situation is pretty common. Most couples I know develop a division of labor over time, where one person is in charge of financial matters and the other person is less involved. That’s definitely the case for my husband and me. He’s in charge of paying all the monthly bills and preparing our tax returns, but the financial planning and investment decisions are up to me. This type of arrangement might work well for a long time, but can become less sustainable with age, particularly if the “finance person” in the relationship dies or develops a major health issue.

Online tools and mind maps

Illustrating your financial situation with charts and graphs is a great idea that might help your spouse become a little more involved. Morningstar’s  Portfolio X-Ray  tool includes a variety of images that help illustrate your financial situation. Websites for most major brokerage firms also include some visual tools. Schwab, for example, offers a Portfolio Checkup and a bar graph illustrating your account’s monthly income from dividends and interest income. Vanguard has a Portfolio Watch tool and a variety of performance illustrations, tools, and calculators.

A  mind map, which we used with clients when I worked for a financial advisory firm, can be another way to picture your entire financial situation on one page. There are various  softwaretemplates  for drawing a mind map, or you can simply sketch it out with a large sheet of paper and a pencil. Start with your names at the center of the page. Then draw spokes connecting to various categories, such as names of other family members; investment accounts; real estate and other assets, insurance policies, estate plans, key goals and values, and contact information for accountants, estate planners, and other professionals. It can be helpful to go through the mind map together and make any updates needed at least once a year.

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Other ways to communicate about money

A few other ideas—though not related to charts and graphs—might also be useful.

I like the idea of putting together a  net worth statement  that itemizes cash, taxable accounts, real estate, retirement accounts, and debt for each member of the couple as well as items owned jointly. It’s a good idea to update this document at least once a year and  discuss it as a couple. If you set up the document as a spreadsheet, you can include columns with additional information such as account numbers, what each account is used for, which accounts are subject to required minimum distributions, or tax issues like potential capital gains.

Many couples also put together a  binder  (sometimes humorously called a “Doomsday Book”) that contains information about where to find important paperwork, insurance policies, how bills are paid, what each account is for, steps the surviving spouse will need to take, final wishes, and any other critical information.

A well-qualified financial adviser can bridge the information gap

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Finally, you could consider working with a good  financial adviser,  who can help involve your spouse in financial matters while you’re still living and step in to fully manage investments and personal finance decisions if you pass away before your spouse. Make sure the adviser holds the Certified Financial Planner designation and charges fees that are reasonable. Although a 1% fee is still the industry standard for accounts of $1 million or less, it’s possible to find advisers who charge significantly less, including a few who price their services based on hours worked instead of a percentage of assets under management.

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This article was provided to The Associated Press by Morningstar. For more personal finance content, go to https://www.morningstar.com/personal-finance.

Amy C. Arnott, CFA, is a portfolio strategist for Morningstar and co-host of The Long View podcast.

Related links:

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What If This Turns Out to Be a Terrible Time to Retire?

https://www.morningstar.com/personal-finance/what-if-this-turns-out-be-terrible-time-retire

Bill Bengen: ‘Inflation Is the Greatest Enemy of Retirees’

https://www.morningstar.com/retirement/bill-bengen-inflation-is-greatest-enemy-retirees

3 Big Questions to Ask Your Aging Parents

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https://www.morningstar.com/personal-finance/3-big-questions-ask-your-aging-parents

Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

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Finance

Proximo Congress 2026: US Energy & Infrastructure Finance | Insights | Mayer Brown

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Proximo Congress 2026: US Energy & Infrastructure Finance | Insights | Mayer Brown

Mayer Brown is a proud sponsor of Proximo Congress 2026. This senior meeting of the US energy, infrastructure, and digital infrastructure finance community is shaped around the questions credit and investment committees are actually asking in 2026: how asset classes are converging, how risk is being priced in a recalibrated policy and geopolitical environment, and how public and private capital are being structured together to deliver projects at scale.

Mayer Brown has also been recognized for three separate awards which will be presented during the event. These awards include:

  • Proximo North America Transport Deal of the Year 2025 – SR 400 Peach Partners
  • Proximo North America Rail Deal of the Year 2025 – Brightline West
  • Proximo North America LNG Deal of the Year 2025 – Port Arthur LNG 2

For more information, visit the event website. 

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Finance

What are nonconforming mortgages and what are the risks?

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What are nonconforming mortgages and what are the risks?

If you have ever taken out a mortgage, you’ll know there are a lot of requirements to meet. You may need to put down a certain amount and have a debt-to-income ratio below a certain threshold. You may also run into limits on how much you can borrow or what sources of income the lender will count.

These rules do not apply to all mortgages — just to conforming mortgages, which is what the majority of borrowers take out. However, mortgage lenders are increasingly offering what are known as nonconforming loans, or mortgages that do not “comply with every one of the strict standards put in place after the housing crisis,” said The Wall Street Journal. While “still a small portion,” the “share of mortgages using alternative lending practices” has “doubled in size over the past three years.”

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