CFA Software

  www.cfasoftware.com
  www.cfasoftware.com

CFA Software Reviews

5 Reviews
1.6
5 Reviews
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Employee Reviews

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  1.  

    Steady, but very slow moving for a technology company. Lack of development puts the organization behind competitors.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Addison, IL
    Current Employee - Anonymous Employee in Addison, IL

    I have been working at CFA Software

    Pros

    Ability to do things on your own.

    Cons

    Non-existent marketing, no strategic plan and poor communication to staff on direction of the company and any changes. Integrity is lacking. It is the unsaid that is always hidden intentionally.

    Advice to ManagementAdvice

    Come up with priorities, primary goals for a year, share them with your staff and have them contribute as to how to execute them. Avoid treating the staff as if it were back in the 1970's and enable them to understand the direction you are going.

    Doesn't Recommend
  2.  

    Worst job experience ever!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CFA Software full-time

    Pros

    Your fellow coworkers and customers is the only place to extract any sense of happiness on the job; however, that can fluctuate especially with customers and employees alike are starting to run away as fast as they possibly can.

    Cons

    You are never given clear directions on anything; however, if something goes wrong its always your fault and never with the process or lack of leadership. Do not bother offering suggestions on improvements. They have had decades of great people come and go voice their suggestions go unheard. It doesn't take new hires long to see that something is seriously wrong with this place. Do not ignore your gut reaction with this place. It's a very distracting place to work when you feel like management is always trying to pull a fast one on you. Take these reviews to heart. The company only employs 6-8 people at any given time so what you are seeing here is a general consensus and not just a few disgruntled employees.

    Advice to ManagementAdvice

    Most of your issues stems from the fact that no one in management has basic people skills. You need to understand the basic tenant that your greatest assets are your employees. If your employees are not happy that effects customers which in turns effects the bottom line.

    Doesn't Recommend
    Negative Outlook
  3.  

    Toxic work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Addison, IL
    Former Employee - Anonymous Employee in Addison, IL

    I worked at CFA Software

    Pros

    They'll hire you and mostly leave you alone if you're competent and keep to yourself. The customers are typically very genuine people, given that you work with lots of shop managers in the public sector. The customers are great to talk to and most genuinely want to learn the software.

    Cons

    Toxic work environment. Micromanaging depending on the task - people with "seniority" determine which parts of your job they want to do and what busy work they want to unload on you - even when they are not in your department and are not your supervisors.

    No training on entry to the company; you are expected to train yourself on the software and business practices. No support from upper management, no coaching, no mentoring.

    The environment is very secretive, and your job role and expectations are unclear. Job description/duties can change without notice and frequently. Disrespectful treatment of employees (managers reprimand or "retrain" loudly in earshot of the rest of the company on the open cube floor, for example).

    Gave two weeks' notice, was only kept on for a week and deemed useless after that point, so was let go at the end of the first week of notice and only paid for one week - no severance package even for salaried position.

    Senior management spends more time watching the clock by the second than running the company. Environment feels like a prison - everyone seems afraid of reprimand.

    Sales is irresponsible with selling people training they don't need. Several times I was embarrassed when on-site with clients who were sold a full beginners class when they'd been using the software for 20 years and really only needed a refresher or data services. Improper sales wastes the customer's time, the company's time, and the customer's money.

    Advice to ManagementAdvice

    Take Dave Ramsey's Entreleadership class. There is also a podcast on iTunes. Please listen to these lessons and take them to heart.

    Realize that managing employees is not about dogging their every second to frighten them into toeing the line, but is instead about inspiring them to be excellent and giving them ownership over their job. Give your employees ample support and training, and a clear idea of what their job expectations are. Give your employees an idea of how they can grow and take on more responsibility so they can actually be valuable assets instead of a drain on resources.

    Take an active role in management and don't let employees with seniority run departments unrelated to their own job. Hire department heads/managers - salespeople should not be responsible for delegating responsibilities to trainers or development or technical support.

    I sincerely hope you can change your business practices because you have the opportunity to provide a valuable product and service to important clients, and to do so without making your employees miserable and without cheating your clients out of money for training and other services they don't need. Just because you've been doing it this way for over 30 years doesn't mean it's working or you should continue to do so. Your relatively niche market and technologically underdeveloped client base has kept you safe and made you complacent; I hope you can break away from that and become excellent in the future.

    Doesn't Recommend
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  5.  

    Good for newly grad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Addison, IL
    Current Employee - Anonymous Employee in Addison, IL

    I have been working at CFA Software

    Pros

    You're not micromanaged here. You are given freedom to determine how you do your job. You get to interact with customers a lot. It's a nice start up job and pretty secure.

    Cons

    There are no clear instructions from the management about what your job responsibilities are. Your job responsibilities can grow without notice. You are on your own completing your job tasks without much recognition. You will be noticed if you make mistakes. Otherwise you're pretty invisible to the management. There's not much professional advancement to expect from here.

    Advice to ManagementAdvice

    Reward good employees fairly. Communicate with the employees about how the company is doing and what direction it's going.

    Doesn't Recommend
  6.  

    Steady Job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Addison, IL
    Current Employee - Anonymous Employee in Addison, IL

    I have been working at CFA Software

    Pros

    - steady job
    - not much chance you will be laid off
    - your not micromanaged

    Cons

    - no direction
    - no communication

    Advice to ManagementAdvice

    Need to value your employees and not keep everything a secret.

    Doesn't Recommend

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