

Ep. 294: Michael Dion - Mastering Financial Transformation: The Strategic Power of Automation
7 snips Dec 30, 2024
In this engaging conversation, Mike Dion, a finance expert in FP&A and automation with experience from startups to Fortune 100 companies, shares his journey from intern to automation advocate. He discusses the remarkable power of streamlining finance processes, utilizing tools like Excel to boost productivity. Mike offers insights into managing burnout in finance, the strategic role of AI, and how automation can transform data handling. Tune in for practical tips that empower finance professionals to work smarter, enhance efficiency, and embrace technology.
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Transforming Work Through Automation
- Mike Dion took over a telecom finance team overloaded with repetitive monthly tasks.
- They worked 90-hour weeks until he automated these processes into dashboards, improving work-life balance.
Automation Prioritization Framework
- Score automation candidates by people involved, frequency, repeatability, and tools needed.
- Automate processes with fewer people involved and high repeatability first for quick wins.
Make Time for Automation Planning
- Schedule regular sessions to identify and evaluate automation opportunities with your team.
- Communicate time savings to encourage adoption despite initial workload increases.