The Adam Shilton Podcast

More goodies at www.techforfinance.com | Have you ever wondered how artificial intelligence is changing the face of finance? Find out as we sit down with Adam Shilton, the mastermind behind Tech for Finance, and delve into the captivating world of AI in this sector. We’ll uncover the ever-evolving state of AI in finance and discuss the most common applications. But that's not all - Adam will introduce us to his top three AI tools: Chat GPT, Noteable (Pt. 2), and Poe (Pt. 3), demonstrating their power and versatility. We even explore the differences between their free and paid versions. For our visual learners, we recommend our video version to grasp the demos better. Now, imagine a conversation that adapts to your needs, providing context and improving the relevance of responses. That's exactly what we're up to with Chat GPT! We'll dissect the potential of this tool in enhancing communication and information delivery. If you've ever wondered how the free version stacks up against the pro version, we've got you covered. We highlight the advanced data analysis feature and show you how this tool can be your personal cheat sheet generator. Plus, we'll debate on the benefits of free versions versus pro versions - a must for anyone deciding which version to choose. Let's get chatting and share our insights, experiences, and tips on using these AI tools effectively. Join us for an enlightening conversation that's sure to revolutionize the way you view finance! ------- SHOW NOTES ------ - Hosted by - https://www.received.ai - ChatGPT - https://chat.openai.com - Noteable - https://noteable.io - Poe - https://poe.com ------- CHAPTERS -------- (00:05) AI Tools for Finance (11:26) Enhancing Chat GPT With Custom Instructions (21:01) Free vs Pro Versions of Program Subscribe to the Newsletter at - https://newsletter.techforfinance.com

Listen in as we chat with Christopher Argent, founder of Generation CFO, a community that enables finance professionals to embrace digital capabilities. With a wealth of experience from his roles in companies like Amazon and Vodafone, Chris shares his insights on the rapid evolution of finance and technology, the necessity of a wide skill set, and his journey in finance transformation. His work through Gen CFO empowers finance professionals, and we discuss his path to building this impactful community. We also take a look at the rapid pace of change in finance technology and the power of peer learning. Our conversation with Chris brings to light the value of learning from tech-focused CFOs in America, and the significant success that Glenn Hopper has had with his fractional CFO role. We delve into the challenges of being at the forefront of innovation and explore the potential of platforms like Mind OS for training AI bots. Lastly, we discuss the potential influence of generational differences on technology adoption in finance and accounting. We touch on the advantages of speed, the Eisenhower Matrix, and the challenges of managing behavioral change for data-driven solutions. The episode also highlights the significance of meta skills in the future of work, the impact of AI on finance professionals, and the emergence of new jobs as a result of this transformation. Tune in to explore the potential of low-code integration tools and the importance of balancing technology potential with cost visibility. ---------WHERE TO FIND CHRIS--------- - Chris on LinkedIn - https://www.linkedin.com/in/christopherargent/ - Generation CFO - https://generationcfo.com/ - 'It's not all about the numbers' - Podcast - https://open.spotify.com/show/4znaA5D1A3eXXxXd5PTaV1 --------CHAPTERS--------- (00:00) The Evolution of Finance and Technology (04:02) Finance Technology's Changing Pace (18:55) Technology Adoption in Finance (34:17) Future of Work and AI in Finance (48:19) Integration Tools and Considerations in Business --- 📧: Sign up for The Tech for Finance Newsletter for more goodies at - https://www.techforfinance.com/newsletter

Join us as we sit down with Djibrane Larrabure, Chief Financial Officer of Kolleno, as he takes us through his transition from a consulting role to becoming the CFO of a fast-paced SaaS company. Gibran gives us an inside look into the key decision-making processes that are centered around understanding the clients' needs to better anticipate and meet their future requirements. We also discuss the power of technology and how it can level up the lives of finance professionals. Get a glimpse of how Kolleno uses advanced no-code workflows to personalize strategies for customers. Listen as we explore the vital role of cash flow forecasting and how an integrated system can scale your business, identify areas for improvement, and consolidate your data. Discover the balance between a comprehensive system and multiple platforms and learn about the importance of finding the right partner to evolve your business. Our conversation takes a turn as we discuss the benefits and potential pitfalls of using AI in customer communication. Learn how AI can optimize AR management techniques and provide insights into credit policies. We also talk about the importance of culture in organizations, the concept of meta-skills, and how sustainable business practices can help prevent burnout. Gibran even shares his favorite learning and health gadgets. Tune in for a conversation filled with insightful tips and tricks from a seasoned professional in the finance industry. ---------WHERE TO FIND DJIBRANE--------- LinkedIn - https://www.linkedin.com/in/djibrane-larrabure-4bb41514/ Website - https://www.kolleno.com/ ---------CHAPTERS--------- (00:00) AI and Gen AI in Finance (10:28) Workflow-Personalization Integration in Finance Management (15:22) Financial Systems Integration and Ecosystem Approach (23:41) Benefits of Building a Comprehensive Ecosystem (29:31) Streamlining Payment Processes and Customer Interactions (38:33) The Role of AI in Communication (50:53) Business Growth (56:17) The Importance of Culture in Organizations (01:10:11) Sustainable Business Practices and Burnout (01:25:58) Exploring Meta Skills and AI Tools (01:32:45) Favorite Learning and Health Gadgets (01:45:39) Podcast Host Discusses LinkedIn and Kaleno --- 📧: Sign up for The Tech for Finance Newsletter for more goodies at - https://www.techforfinance.com/newsletter

Want to become a better learner? Curious about the power of automating financial tasks? Ever wondered about the growing influence of AI and Excel in the finance industry? In this episode, we have an engaging conversation with Richard Nero, Principal Consultant at Developex, that will uncover the answers. Prepare to be thrilled by Richard's infectious enthusiasm for financial tools like Excel, Power BI, and Power Automate. His insights from his free Excel workshops and the advantages of Python and VBA in Excel will certainly enlighten you. We also discuss how ChatGPT should be used for learning, and how to leverage 80/20 in your chats. The often overwhelming world of code libraries and the implications of AI-generated content on code development is a hot topic in our discussion. Richard provides an interesting perspective on how to find the most suitable code libraries. We also reflect on how advancements like ChatGPT have influenced developers' workflow and what the future holds for AI and Microsoft's investment in co-pilot. Our exploration of the integration of ChatGPT and Excel in Finance uncovers the potential of using these tools in tandem, as well as how Richard's popular posts can be a valuable guide for those unfamiliar with certain formulas. Wrapping up our conversation, we focus on the trust and credibility of AI models, the complexities of installing and training AI locally, and the intriguing culture being shaped by jailbreaking AI. . This episode is a journey into the world of Excel, AI, and their incredible potential in finance. Buckle up for an exciting ride into the future of finance technology. --------- WHERE TO FIND RICHARD --------- - https://www.linkedin.com/in/richard-nero/ --------- CHAPTERS --------- (00:00) The Evolution of Excel (15:11) Code Libraries & AI Generated Content (20:56) Chat GPT and Excel in Finance (30:06) Trust and Credibility of AI Models (44:32) Installing and Training AI Locally (48:28) AI Influencers and Jailbreaking AI (57:23) Excel Training for Kids and Collaboration --- 📧: Sign up for The Tech for Finance Newsletter for more goodies at - https://www.techforfinance.com/newsletter

Listen in as we engage in a stimulating conversation with Jamie-Lee Salazar, the dynamic CEO and Co-Founder of Cobbler, a trailblazing startup dedicated to revolutionizing the world of finance through the power of AI. In our discussion, Jamie shares how her company’s AI analyst is changing the game by enabling finance teams to prioritise high-value tasks and automate the mundane ones. As we venture further into the conversation, we discuss how Cobbler mimics the structure of an employee, seamlessly integrating with your existing systems like ERP, data warehouse, and HR system. Our chat takes a fascinating turn as we explore the challenges and evolution of generative AI in the finance sector. Jamie-Lee provides a glimpse into the intricate process of fine-tuning AI models to yield precise results, as well as the hurdles faced while integrating different data sources. We also delve into how the quality of responses can be impacted by limited memory and tokens, emphasising the need for an experienced development team to design a product tailored for specific use cases. Lastly, we touch on some intriguing topics such as the importance of clear communication when purchasing new tools and the power of being an early technology adopter. Jamie also enlightens us on the significance of managing and cleaning data for AI and the future prospects of AI assistants and generative AI. Don't miss out on our engaging discussion about balancing work and family life and how taking small breaks to reset can add perspective to your life. Tune in to get an insightful peek into the power of AI & automation and how it can be leveraged as a tutor for various tasks. --------- WHERE TO FIND JAMIE-LEE --------- - LinkedIn - https://www.linkedin.com/in/jamieleerice/ - Website - https://cobbler.io/ ---------- CHAPTERS --------- (00:00) Automating Finance Work With AI (06:21) Generative AI in Finance (20:14) Honest Communication in Tool Purchases (26:51) Managing and Cleaning Data for AI (40:30) Future of AI Assistants and Generative AI (52:35) Balancing Work, Family Life, and Resets --- 📧: Sign up for The Tech for Finance Newsletter for more goodies at - https://www.techforfinance.com/newsletter

Listen in as we explore the fascinating world of finance transformation with our esteemed guest, Anthony Perozzi. A well-known Finance Transformation Advisor, Author, and Founder of FT2OM, Anthony shares his vast experience and practical insights on how finance teams can evolve from mere reporters of results to crucial drivers of business value. He stresses the importance of mindset in transforming finance teams and lays out how to establish a project approach that optimizes existing processes and pinpoints areas needing improvement. We then navigate the critical topic of product selection for organizational transformation. Anthony explains why having a clear vision for finance transformation initiatives is paramount and how the CFO should champion this process. He also introduces us to his ABCs of finance transformation, stressing the need to avoid falling for the "shiniest, newest cool product" on the market and instead, focus on selecting a product that aligns with the organization's goals. As we continue our conversation, we explore the importance of partnership and collaboration during implementations, with Anthony emphasizing the need to validate the capability of your partner in helping you achieve your set objectives. He also shares a helpful exercise to identify core organizational problems and the significance of focusing on underlying data for effective decision-making. Lastly, we talk about change management in transformation programs and how traditional tools like Excel and new collaborative tools can aid in project management. This episode is packed with actionable insights and practical tips that will empower finance teams to drive meaningful change in their organizations. --------- EPISODE CHAPTERS --------- (0:00:00) - Preparing for Successful Finance Transformation (0:09:35) - Selecting Products for Organizational Transformation (0:17:55) - Partnering and Collaboration in Implementations (0:27:13) - Business Involvement in Finance Transformation (0:38:14) - Change Management in Transformation Programs (0:46:04) - Excel and Collaborative Tools for Traditionalists --------- SHOW NOTES --------- - Anthony's LinkedIn - https://www.linkedin.com/in/anthony-perrozzi/ - Anthony's Website - https://ft2om.com/ --- 📧: Sign up for The Tech for Finance Newsletter for more goodies at - https://www.techforfinance.com/newsletter

Join us as we unpack the concept of Finance 5.0 with Anders Liu Lindberg, Parter and Chief Commercial Officer at the Business Partnering Institute. Anders guides us through the evolution of finance, from 4.0, which leveraged technology for efficiency, to 5.0, which brings the human element back to the center of the industry. He shares his expertise on how finance professionals can navigate this changing landscape and discusses how we can create a workplace that supports their growth and development in this digital world. Listen in as we tackle technology's impact on finance careers and how to manage technology fatigue. We also discuss how to make informed decisions when considering new technology for a business process. The importance of having a framework to help limit the information overload and the balance between real-time data and having too much information are all on the table in this enlightening conversation. Finally, Anders shares valuable insights on critical thinking, stakeholder prioritization, effective communication in project implementation, and the usefulness of AI journaling tools. We also discuss the benefits of participating in a Finance Master LinkedIn Live. This episode is filled with practical advice, useful tools, and insightful discussions on how to evolve and thrive in the finance industry. Don't miss out on this opportunity to level up your finance career. --------- EPISODE CHAPTERS --------- (0:00:00) - Finance 5.0 (0:05:24) - Technology's Impact on Finance Careers (0:13:18) - Managing Technology Fatigue and Informed Decisions (0:18:59) - Critical Thinking and Stakeholder Prioritization (0:33:13) - Effective Communication in Project Implementation (0:42:33) - The Usefulness of AI Journaling Tools (0:54:17) - Participate in Finance Master LinkedIn Live 📧: Sign up for The Tech for Finance Newsletter for more goodies at - https://www.techforfinance.com/newsletter

In this episode, I feature as a speaker on the FP&A Podcast, hosted by Paul Barnhust, sponsored by Datarails. -- This special edition of FP&A Today sees 1,524 finance pros join a LinkedIn Live session. In this episode Paul and a special panel answer all your burning questions on how Finance teams are practically using AI to advance their careers (and bring instant productivity to their businesses). Joining Paul is Adam Shilton, Founder, Tech for Finance and a world expert on “Helping finance pros turn systems into superpowers with AI”. In addition he is joined by Sloane Kolt, Head of Datarails Labs, which recently launched FP&A Genius, an AI powered solution transforming FP&A. Some of your big audience questions answered: What was the last thing you used Generative AI for? Ethical questions in AI and Finance (eg. Do we own the model that AI built?) What are the most common use cases for AI in FP&A, and accounting post ChatGPT? What are the differences between AI in big vs small companies? How should finance leadership use AI and adapt it in their team ethos and processes? Privacy, security, AI and Finance - what are the risks? What are the secrets of effective Prompting in finance? Clarifying tasks with your AI Chat Lessons from building a new finance AI tool Favorite non ChatGPT AI tools you have seen Best advice for getting started with AI in finance Rapid fire questions: favorite Excel function and person I would most like to meet. FP&A Today is brought to you by Datarails,the AI-powered financial planning and analysis platform. Keep your own Excel financial models and spreadsheets and benefit from AI for data consolidation, reporting and planning. Blog post and full transcript - https://www.linkedin.com/pulse/ai-fpa-your-big-questions-answered-paul-barnhurst/ Follow Paul Barnhurst on LinkedIn - https://www.linkedin.com/in/thefpandaguy/ Follow Datarails on LinkedIn - https://www.linkedin.com/company/datarails/

Join us as we welcome Ashok Manthena, founder of ChatFin and a leading voice in the world of AI and finance. With over a decade of experience in finance analytics, machine learning, and product strategy, Ashok brings a wealth of knowledge on how AI is revolutionizing the finance industry. Listen in as we discuss his vision for ChatFin and how the integration of AI in finance can help teams become more strategic and less bogged down with manual tasks. Throughout the conversation, Ashok takes us through the multi-step process of building an intelligent co-pilot for finance. We touch on the critical role of data gathering and transformation, understanding user intent, and predicting analytics. He also shares valuable insights on utilizing AI tools and emphasizes the need for a paradigm shift in thinking and arranging data for AI to produce desired outputs. You'll get a better understanding of the potential of large language models to comprehend domain-specific knowledge and the necessity of capturing context when developing software systems. This episode wouldn't be complete without discussing the challenges of sourcing high-quality data and the transformative potential of AI in web search. We also explore how Generative AI is redefining the finance function, evolving user interfaces, and the role of hard-coded accounting rules, database practices, and personal preferences in finance. Join us as we navigate the world of AI in finance with Ashok Manthena, where he shares his favorite app that he can't live without. Tune in and discover how AI is reshaping the world of finance. --------- SHOW NOTES --------- *Where to find Ashok* - On LinkedIn here - https://www.linkedin.com/in/ashokman/ - Follow him and look out for his book "Supercharge CFO Office with AI" --------- EPISODE CHAPTERS --------- (0:00:00) - AI in Finance (0:09:16) - Evolution of AI in Finance Analysis (0:16:59) - Improved Language Models With Context (0:21:51) - Challenges in Contextual Understanding for Models (0:28:33) - Data Quality for Predictive Finance Analytics (0:39:10) - Generative AI in Finance User Interface

Join us for a compelling conversation with Gary Cokins, the founder and CEO of Analytics-Based Performance Management. Throughout this enlightening episode, we traverse Gary's impressive career, from his football days at Cornell University to his impactful roles at Deloitte, KPMG, and SAS. Gary, a celebrated author and inspirational figure in the world of analytics, shares the secret to his youthful energy at 74 years old and the motivations that drive him. We navigate through crucial topics such as overcoming resistance to change and the importance of asking the right questions to spur change. Gary provides valuable insights into obstacles that hinder the integration of performance management methods and shares his formula to overcoming resistance. As we further the discussion, we discuss the importance of strategy maps and key performance indicators in achieving success. Gary provides a deeper understanding of the balance scorecard developed by Dr. Kaplan and Dr. David Norton and offers invaluable advice on data collection and strategy execution. In the final part of our conversation, we transition from data to insights. Gary elaborates on the significance of data modeling and shares his thoughts on the minimum viable amount of data required for advanced analytics. We wrap up with an insightful discussion on how to maximize business success in EPM implementation and the necessary tools to achieve strategic goals. Tune in for this illuminating conversation with Gary Cochens as we explore the intricate world of analytics in performance management. --------- EPISODE CHAPTERS --------- (0:00:00) - Analytics in Performance Management (0:09:25) - Overcoming Resistance to Change and Implementation (0:13:43) - Creating Change Through Asking Questions (0:16:52) - Strategy Map and Key Performance Indicators (0:34:16) - From Data to Insights (0:46:56) - Maximizing Business Success in EPM Implementation 📧: Sign up for The Tech for Finance Newsletter + More Goodies @ https://linktr.ee/adamshiltontech