Tag: finance
All the articles with the tag "finance".
Lotus 1-2-3 was finance's first automation. AI is the second.
The spreadsheet moved the ceiling on how much finance work one person could do, and we forgot it was ever automation. AI is moving the ceiling again. Nine things it already does inside finance teams, with pictures, a place to start, and a test for telling a good build from a dangerous one.
Citations aren't verification
What is verifiable AI? The difference between a citation and a verification, why AI arithmetic needs a calculator, and the four controls a finance team should demand.
The questions your finance team has stopped asking
The entire pitch for what I built, asterisk included: why the board pack questions that cost an afternoon stop getting asked, what changed this year, and how I'd test any AI that says it's fixed that, including mine.
How to use AI at work without leaking data
Is it safe to put company data in ChatGPT? A working protocol for finance teams: what to paste where, how to anonymise a question properly, and how to get IT to yes.
"Why not just upload it to ChatGPT?" The honest answer
It's the question every finance leader asks, and it deserves a straight answer, including the cases where a chatbot genuinely is the right tool.
The $2.1 million that was only in one of your reports
Two of your own documents disagree about R&D spend by $2.1 million. Which one is right, and how long would it take your team to find out? A walkthrough on a synthetic biotech reporting pack.
Analysis is answering questions, but three-quarters of it is finding things
Variance analysis has four steps. Only one of them is analysis. A look at where an FP&A analyst's time actually goes, and which steps a machine should be doing.
The 4:45-on-a-Friday question
Every finance team knows the out-of-nowhere question that lands at the worst moment. It isn't an interruption. It's a tax. Here's what it actually costs, and why you'll never get headcount to fix it.