VAi Consulting

The financial landscape is evolving rapidly, and AI is no longer a future prospect—it's a present reality. But how do you know if your finance team is truly prepared for this technological revolution? I've created an exclusive, comprehensive AI Readiness Checklist specifically tailored for finance offices. This isn't just another generic list—it's a powerful tool designed to: ✅ Assess your data management capabilities ✅ Align AI initiatives with your financial strategies ✅ Evaluate your team's AI skills and cultural readiness ✅ Identify potential risks and compliance issues ✅ Determine your technical infrastructure's AI-readiness Don't let your finance department fall behind in the AI race. This checklist could be the difference between leading the pack and playing catch-up. Want access to this game-changing resource? It's simple: 1. Like this post 2. Comment 'CHECKLIST' below 3. I'll DM you the exclusive AI Readiness Checklist for Finance Offices #AI #Finance #Technology #Innovation VAi Consulting

🚀 Navigating the Digital Transformation: A CFO’s Guide to Data Analytics and AI by Nathan Bell explores the evolving role of CFOs in today’s digital era. This insightful piece highlights how leveraging data analytics and AI can empower CFOs to become strategic leaders, driving their organizations toward sustainable growth and competitive advantage. Here are a few reasons this article is critical reading for CFOs and business leaders: 🎯 Strategic Leadership: Learn how digital transformation elevates CFOs to broader strategic roles. 🔢 Data-Driven Decision-Making: Understand the power of data analytics in enhancing forecasting accuracy and risk management. 🔮 AI-Driven Efficiency: Discover how AI technologies can automate tasks, increase efficiency, and provide deeper financial insights. 🚧 Overcoming Challenges: Gain practical strategies for addressing integration issues, data security, and maintaining data quality. 🗺️ Implementation Roadmap: Follow actionable steps to assess digital maturity, set clear objectives, and continuously monitor progress. 💡 🔗 Read the full article here: Navigating the Digital Transformation: A CFO’s Guide to Data Analytics and AI and Visit Nathan's growing library on CFO.University from the links in the first comment box below. Embrace the future of finance—discover how data analytics and AI can transform your role as a CFO and drive your organization’s success. Engage. Learn. Enjoy. Grow.                                                                    🏫 CFO.University is a professional development center for CFOs and aspiring CFOs 🌎 🌍 🌏 Our Mission:   Develop world changing finance leaders 👁  Gain insight into your professional development with the CFO Readiness Assessment https://lnkd.in/gA-xNbG 💥Learn about the Four Pillars of CFO Success here. https://lnkd.in/gK8vqr3r #CFO #CFOUniversity #AIandCFOs #DataandAnalytics #leadership #cfodevelopment #strategiccfo

Invoice fraud is a growing threat, with the average company losing over $1 million annually, according to a recent report. The rise of deepfakes and sophisticated fraud techniques makes it clear that traditional methods are no longer enough to protect finance teams. "According to a new survey of 1,533 senior finance executives in the United States and U.K., finance teams had seen an average of 13 cases of attempted invoice fraud, and 9 cases of successful invoice fraud, in the prior 12 months." This is where AI steps in. By leveraging advanced AI-driven tools, companies can detect and prevent fraudulent activities in real-time, safeguarding their financial integrity. It’s time to integrate AI into our financial systems and stay ahead of the fraudsters. 5 ways to fight invoice fraud 1 Employ 3-way matching 2 Validate supplier data 3 Review invoice activity and invoice amounts 4 Establish a system of multi-stage authorizations 5U se anomaly-detection technology/intelligent solutions to the invoice-to-pay process (This is where we deploy AI) Read more about this pressing issue in the article by CFO below.👇 #AI #Finance #FraudPrevention #DigitalTransformation #Deepfakes #CFO #RiskManagement #Innovation #FinancialSecurity VAi Consulting 🗨 DM me if you want to know more about leveraging AI to prevent invoice fraud

#CFOs and #Finance Executives. Sharing a recent blog post by Nathan Bell CFO and Managing Partner at VAi Consulting on Ai Readiness for CFOs. Comment "checklist" below or on Nathan's original post if you'd like to receive the AI Readiness Checklist for the office of Finance.

🎙️ New episode of Future Finance out now. This week, Paul and I spoke with Jon Brewton, CEO of data² about "Unlocking the Power of AI for Finance Professionals." Tune in to hear how AI is revolutionizing the finance industry, enhancing decision-making, and driving innovation. https://lnkd.in/d_pWq4gN

Another solid episode of FP&A Today .

#CFOs know calculating ROI on AI investments can be tricky. Check out our latest blog post on this subject by our CFO and Partner Nathan Bell

Great piece from Gartner highlighting when you should not rely on GenAi / ChatGPT. Folks often forget LLM’s are not inherently designed to be great with numbers. While it’s gotten remarkably better with financial analysis (4o), if your trying to unlock advanced analytics in forecasting or scenario planning (predictive and prescriptive analytics), it’s best to pick the right tool and stick with BI / data lake house combinations or find a 3rd Gen AI native FP&A tool such as Datarails or Una Software. Discover more on when to use GenAI — and when to go in another direction: https://gtnr.it/3RSN6EJ #GartnerIT #GenAI #ArtificialIntelligence #AI VAi Consulting

Couldn’t agree more with Jonathan Cole, CFA . Our talented consultants have industry leading expertise helping bridge the gap between helping the human end users and the powerful AI solutions coming into market.

We have these Superstars on our team at VAi Consulting . Reach out if you’re just starting to consider implementing a new digital finance strategy or would like help fine tuning your existing projects. #CFO #digitaltransformation #AI