The Golden Age of CFO Technology and the Urgency to Adapt

Nov 15, 2023

Grant Halloran, CEO of Planful, discusses the impact of AI on CFOs, including automation, projections, and anomaly detection. They talk about the importance of companies embracing AI technology and staying ahead. They also share strategies for staying informed and recommend a thought-provoking movie. The significance of adopting an experimental mindset and utilizing new technologies in the CFO industry is highlighted.

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Introduction

00:00 • 3min

The Impact of AI on CFOs and Financial Leaders

02:32 • 5min

Embracing AI Technology for Competitive Advantage

07:57 • 12min

Staying Up to Date on AI and Recommending a Thought-Provoking Movie

19:30 • 2min

Embracing New Technologies in the CFO Industry

21:44 • 2min

Grant Halloran, CEO of Planful, discusses AI’s impact on CFOs and finance leaders, and ways these technologies have changed their role within organizations. He also shares how the financial industry will witness a future where extensive human involvement in routine financial tasks is reduced in favor of focusing on high-value, strategic work.

Key Takeaways:

How AI is making non-financial people more financially savvy, faster
Ways everyday people can better utilize artificial intelligence
Unpacking the skepticism in finance due to the complexity and importance of accuracy with financial data
The need for AI to be user-friendly and provide immediate utility, just like modern consumer technology

Guest Bio: Grant Halloran, CEO of Planful, has been working to bring cutting-edge innovations to enterprise software for over 20 years. He’s a champion for advancing how finance and accounting teams work. Specifically, Planful is using AI and machine learning in its market-leading financial performance management solutions to increase speed, reduce errors, spot trends, and more, and Grant is confident CFOs will soon come to rely on AI as a key to reaching peak financial performance.

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About this Show:

The Brave Technologist is here to shed light on the opportunities and challenges of emerging tech. To make it digestible, less scary, and more approachable for all!

Join us as we embark on a mission to demystify artificial intelligence, challenge the status quo, and empower everyday people to embrace the digital revolution. Whether you're a tech enthusiast, a curious mind, or an industry professional, this podcast invites you to join the conversation and explore the future of AI together.

The Brave Technologist Podcast is hosted by Luke Mulks, VP Business Operations at Brave Software - makers of the privacy-respecting Brave browser and Search engine, now powering AI with the Brave Search API.

Music by: Ari Dvorin

Produced by: Sam Laliberte