At the Edge What an AI-powered finance function of the future looks like
7 snips
Nov 4, 2024 
Sarah Friar, CFO of OpenAI and a seasoned leader from Nextdoor and Square, discusses the transformative impact of AI on the finance sector. She highlights how AI models boost efficiency and enable more complex tasks, redefining the role of finance from traditional practices to a strategic focus. The conversation also dives into empowering women entrepreneurs through community support, offers career advice for engineers on embracing risks, and reflects on the leadership lessons learned from her rowing days.
AI Snips
Chapters
Transcript
Episode notes
AI in Finance at OpenAI
- OpenAI's finance team uses ChatGPT for tasks like unifying data and coding AP invoices, shortening the closing process.
- They also built a custom GPT for investor relations, which quickly answers diligence questions, saving analysts hours of work.
Future of Finance
- The future finance function will focus on forward-thinking, insight-driven work.
- Rote tasks will be automated, allowing finance teams to be better business partners.
Prioritize Impact Over Titles
- Focus on impactful work and don't get caught up in titles.
- Find areas where your skills and impact potential align.