Velocity's CFO Recognized as a Top Tech Leader, Driving Financial Transformation and Growth

Velocity, A Managed Solutions Company, a leading provider of voice, data, and connectivity solutions for enterprises, is proud to announce that its Chief Financial Officer, Betty Ong, has been named one of the Top 25 Technology CFOs of 2024 by the prestigious Top CFOs publication. This accolade recognizes Ong's exceptional leadership in driving financial strategies, securing capital for innovation, and optimizing resource allocation to support Velocity's growth in the dynamic technology industry.

Pioneering Financial Excellence and Transforming Velocity's Future

Spearheading Financial Transformation and Operational Efficiency

Since joining Velocity in 2021, Betty Ong has been instrumental in transforming the company's financial processes, significantly improving the quality and speed of GAAP financial statement production. Her strategic oversight has led to the successful deployment of a new ERP system, streamlining operations, and positioning Velocity for long-term scalability and success. Ong's leadership has been pivotal in driving operational excellence and financial efficiency, making her an indispensable force behind Velocity's growth.

Building a Robust Financial Team and Driving Continuous Improvement

Ong's commitment to building a strong team of finance professionals has been a key factor in Velocity's success. She has fostered a dynamic team dedicated to continuous improvement, ensuring that the company's financial and accounting operations are running at peak efficiency. Ong's vision and leadership have been instrumental in driving improvements across critical areas such as payables, receivables, and cash management, positioning Velocity for even greater success.

Providing Essential Financial Insights and Guiding Velocity's Growth

With a focus on data integrity, financial analysis, and long-term growth, Betty Ong delivers essential financial insights that have been pivotal in guiding Velocity through the complexities of the telecommunications industry. Her vision ensures that the company remains competitive and thrives in an ever-evolving market, adapting to changing conditions with agility and strategic foresight.

Navigating a Founder-led Company and Driving Future Expansion

Ong's ability to navigate a founder-led company while guiding it toward future expansion has been invaluable. Her hands-on approach and strategic leadership have been instrumental in aligning Velocity's financial strategies with its long-term growth objectives. Ong's expertise in navigating the unique challenges of a founder-led organization has been a key asset in propelling the company forward.

Leveraging Diverse Experience to Drive Velocity's Success

Prior to joining Velocity in 2021, Betty Ong held leadership positions at various technology and financial services companies, including Unacast, H1, Shore Group Associates, and Thomson Reuters. Her diverse experience, spanning startups to public companies, has uniquely positioned her to drive Velocity's growth strategies and adapt to market changes with agility.

Empowering Clients with Innovative Telecom and IT Solutions

Ong's commitment to Velocity's telecom and IT solutions is evident in her work. She believes in the transformative impact of the company's end-to-end offerings, particularly the launch of its Global Expense Management (GEM) platform and Telecom Expense Management (TEMS) solutions. These innovative solutions are helping Velocity's clients streamline costs, improve efficiency, and gain better visibility and control over their resources, enabling them to stay competitive in the rapidly changing digital landscape.