Revolutionizing Accounting with AI & Automation! 🤖💼 In today’s fast-paced business environment, accountants no longer just crunch numbers—we’re evolving into strategic partners, thanks to automation and AI. These tools are not just speeding up manual tasks, but they’re also enhancing the accuracy of data analysis and forecasting. Personally, I’ve been exploring how AI in Excel can streamline my workflows, from automating data cleaning to generating insightful reports. The possibilities are endless! 🔥 Question for my fellow accountants: How are you using AI or automation to shift your focus from day-to-day tasks to bigger-picture strategy? I’d love to hear your tips and tricks! 🙌 #AI #Automation #ExcelLovers #AccountingInnovation #DigitalTransformation #FutureOfWork #Strategy

I'm excited to tell you about how AI can assist with financial forecasting and predictive analytics for CFOs. Gone are the days of relying solely on historical data and gut instinct. AI can crunch through mountains of data, spot intricate patterns, and provide incredibly accurate forecasts about future financial performance, revenue, expenses, and cash flow. Imagine having a crystal ball that not only predicts what's coming but also explains why. That's the power of AI-driven forecasting. It can uncover hidden correlations and causations that human analysts might miss, giving you a competitive edge in strategic planning and decision-making. Here's a practical tip: Start small. Identify a specific area of your business where forecasting is critical, and pilot an AI solution. For example, you could use AI to predict customer churn, optimize inventory levels, or forecast sales for a particular product line. Once you see the results, you'll be hooked! Visit S2udios.com to learn more, or drop a comment below if you have any questions. 👇 #AI #FinancialForecasting #PredictiveAnalytics

Only 7% of executive leaders in a survey about the use of AI mentioned that they use AI in strategy or financial planning. (Mckinsey) - What do strategists expect from AI tools? "When executives think about strategy automation, many are looking too far ahead—at AI deciding the right strategy in place of the business leader. They are missing opportunities to use AI in the building blocks of strategy". (Yuval Atsmon) - Which strategic processes can be improved & automated using AI tools? AI tools can improve & automate both diagnostic & predictive areas of strategic research, with some tools like Trensition - Trendtracker even suggesting action items based on prescriptive analytics. - Why use predictive insights from AI tools? Simply because it's bias-proof and provides a systematic point of view in the board room. - How to use predictive insights from AI tools? Strategic decisions are crucial, so it’s important to understand why AI is making a particular prediction and what information it’s using to make those predictions. Then you can use AI tools to monitor the evolution of those predicted outcomes or scenarios. All of this & more is possible with Trendtracker. Join our webinar: "Supercharge Your Strategy in 60 Minutes: A Power Session for Executive Leaders" Register now to learn more: https://t.ly/MYuhz

Embracing AI can transform traditional financial forecasting tools, methods, and processes. Learn how you can harness it through 4 practical use cases that improve planning, workflows, and modeling. Grab the Guide: Leveraging AI-powered Predictive Analytics in Finance (link in comments) 👇 #finance #ai #forecasting

Join us Wednesday the 20th at 2pm for a power hour dicussion about applied #AI for the Office of Finance with PwC. (https://lnkd.in/gMhRwYsD) We explore 5 cutting-edge #AI trends enabling unprecedented levels of accuracy, efficiency, and agility for Finance teams, today!   1.  AI-driven #budgeting and #forecasting: Say goodbye to guesswork. Discover how AI algorithms can accurately predict demand and optimize working capital. 2.  AI powered scenario #planning: Be prepared for anything. Simulate different market conditions to make smarter decisions even during times of uncertainty. 3.  Automated data cleaning: Manual errors - gone. Learn how AI automatically spots and corrects mistakes to ensure financial reports are perfect. 4.  AI-generated insights: Get more out of your data. Find out how AI-generated reports can help you understand complex financial information and act with speed and confidence. 5.  Agile planning with AI: Stay flexible and adapt quickly to changing business conditions with AI-driven rolling forecasts. Link to Register - https://lnkd.in/gMhRwYsD #cfo #analytics #onestream #michiganbusiness

Struggling with cash flow? You’re not alone. Over 4 in 5 businesses fail because of it. But there’s a way to stay ahead 💡 Our new blog explores how companies are harnessing AI to marry financial strategy with human insight and precise data analysis. With Pulse, you’ll have a powerful tool to navigate your financial future 🧭 Read the blog here: https://loom.ly/XSlr9k0 #ai #automation #dataanalysis #analytics

Do you have a remote team or are you thinking of creating one? Isaac Smith knows everything there is to know about remote teams and offshoring and we will be chatting about how AI can impact and improve the remote experience. ✨Karla Hourigan is one of the most proactive accountants I've met when it comes to automations and leveraging new technology. She makes more off her tech than most. By far. I am always interested in hearing what she's up to. I expect a very interesting conversation on this one. With a lot of implementable ideas. #AIinAction #AccountingTech #AI

How to Leverage AI Analytics to Boost Your Small Business Performance Artificial Intelligence (AI) is no longer just a buzzword reserved for tech giants. Today, AI analytics is transforming the way small businesses operate, offering powerful insights that drive growth, efficiency, and profitability. In this article, we'll explore how small business owners can leverage AI analytics to enhance their performance. We'll cover setting goals, collecting and analyzing data, making data-driven decisions, and continuously improving your AI analytics strategy. Let's dive in! https://lnkd.in/gVsJfydg #SmallBusiness #AIAnalytics #BusinessIntelligence #DataDriven #SMB #TechForBusiness #AI #DataAnalytics #BusinessGrowth #AIforSMEs

Webinar Recording: AI in Accounting Now Available There was a lot of interest and great questions in my recent webinar on how AI is transforming accounting firms. I explored automation, data analysis, and boosting productivity. If you couldn’t attend, the full recording is now available. 🔗 Watch it here: https://bit.ly/3MMfHZD #AI #Accountants #AccountingTechnology

Are you part of a revenue enablement team? If so, you might be missing out on the transformative power of AI, especially generative AI (genAI). Surprisingly, a recent Forrester survey revealed that only 29% of revenue enablement leaders have made "strong progress" in harnessing the potential of genAI. 🤔 🚀 Unleashing the Power of AI in Revenue Enablement 🚀 This week on the What It Means podcast, Vice President and Principal Analyst Peter Ostrow dives deep into the world of AI and genAI, specifically for revenue enablement. Key Takeaways: - Accessing AI & genAI: Learn how to leverage AI capabilities already embedded in your existing tools. - Overcoming Reactive Mindsets: Discover strategies to adopt proactive approaches with AI, focusing on skills like prompt engineering and secure data management. - Expanding Capabilities: Understand how AI can revolutionize tasks from email writing to analyzing sales pitches and predicting deal closures. Peter Ostrow emphasizes the need for a shift in mindset and upskilling to fully exploit these technologies. He asserts, "These are potentially ways for enablement to really transform...to the folks who are going to help me get to my number." 🎧 Listen to the Podcast for In-Depth Insights 🎧 #AI #GenerativeAI #RevenueEnablement #BusinessTransformation #PodcastRecommendation