Mike Whitmire

Mike Whitmire, co-founder of FloQast, revolutionizes the accounting landscape with AI-driven solutions. He shares his journey from senior accountant to entrepreneur, navigating the challenges of a pre-IPO firm and fostering investor relationships. The discussion covers how AI is reshaping accounting roles, enhancing collaboration, and impacting venture funding trends. Mike emphasizes the importance of strategic partnerships and the shift in CEO responsibilities as companies scale, making for an insightful conversation about innovation in unsexy spaces.

Join Mike Whitmire, CEO of FloQast, as he navigates the complexities of AI risks in accounting. He shares his evolution from auditor to tech leader and discusses the peril of AI hallucinations and the shortcomings of generic tools. Mike emphasizes the necessity for tailored solutions to ensure reliability in financial reporting. He highlights the changing role of accountants, the increasing talent gap, and provides practical strategies to adapt to AI innovations while maintaining accuracy in workflows.

Topics discussed include the future of social security, accounting firms receiving private equity, stock options in start-ups, integrating apps in Octa, interest rate predictions, the rise of the creator economy, and the evolution of technology in accounting.