63 episodes

Helping finance professionals leverage technology to level up their lives. Discussing the latest finance & tech trends from AI & automation, to data & analytics, to finance transformation. Welcoming industry experts from all over the world, passing their years of experience on to you.

Get up to speed and stay ahead by listening now!

Extra Goodies?

- Sign up for the weekly newsletter at www.techforfinance.com
- You'll find the full show notes and transcripts there too
- You can also find the show on YouTube - https://www.youtube.com/@techforfinance

Tech for Finance Adam Shilton

    • Business

Helping finance professionals leverage technology to level up their lives. Discussing the latest finance & tech trends from AI & automation, to data & analytics, to finance transformation. Welcoming industry experts from all over the world, passing their years of experience on to you.

Get up to speed and stay ahead by listening now!

Extra Goodies?

- Sign up for the weekly newsletter at www.techforfinance.com
- You'll find the full show notes and transcripts there too
- You can also find the show on YouTube - https://www.youtube.com/@techforfinance

    Ditch Excel, Embrace AI: Why Python is the Future for Finance Pros - Stephanie Mertz | Ep.063

    Ditch Excel, Embrace AI: Why Python is the Future for Finance Pros - Stephanie Mertz | Ep.063

    In this episode of Tech for Finance, we interview Stephanie Mertz, co-founder and CTO of Eisen, an innovative fintech platform aiming to transform dormant account management. With deep expertise in computer science and financial technology, Stephanie shares her perspectives on leveraging AI tools to solve problems, building resilient systems, the requirement for foundational knowledge, and more. Tune in to hear Stephanie's thoughts on moving beyond traditional finance tools like Excel, considerations around automation platforms, prompt engineering in AI, and the future of generative AI. Whether you're a seasoned finance pro or just starting out, you'll come away with fresh ideas to level up your technical skills.

    ------ SHOW NOTES ------

    - Connect with Steph on LinkedIn - https://www.linkedin.com/in/stephmertz/
    - Check out Eisen - https://www.witheisen.com/

    ------ CHAPTERS ------

    Here is a summary of the key chapters in the transcript:

    (00:00:00) - Introduction to Stephanie and Aizen
    (00:01:41) - Stephanie's background and experience
    (00:03:30) - Stephanie's approach to solving problems
    (00:05:37) - Starting the development process
    (00:08:29) - Using AI tools versus Excel
    (00:10:40) - Criticality levels for automation
    (00:12:00) - Understanding code from AI assistants
    (00:16:07) - Backup plans for critical systems
    (00:20:23) - Version control and documentation
    (00:26:29) - Case study on using ML for sentiment analysis
    (00:29:07) - The need for foundational knowledge
    (00:31:35) - Training machine learning models
    (00:35:09) - Security risks from deepfakes
    (00:38:15) - Using Python for analytics
    (00:40:00) - Levels of automation tools
    (00:42:17) - Engineering principles for critical systems
    (00:49:46) - Advice on starting coding projects
    (00:52:31) - The future of prompt engineering
    (00:54:01) - One-shot vs. two-shot prompting
    (00:58:27) - Explaining dormant accounts and Eisen
    (01:00:14) - Favorite productivity tools

    For more goodies, check out www.techforfinance.com

    • 1 hr 4 min
    Future AI Predictions: Autonomous Agents vs AGI - GrowCFO Show | Ep.062

    Future AI Predictions: Autonomous Agents vs AGI - GrowCFO Show | Ep.062

    In this replay of the GrowCFO show, host Kevin Appleby talks with returning guest Adam Shilton about how finance teams can use AI tools like ChatGPT. They discuss the different categories of AI tools - personal productivity enhancers, data/analytics, and enhancements to existing software. Adam outlines examples in each category, like using AI assistants for meeting notes and summaries. They also talk about the importance of simplifying and standardising processes before automation. Looking ahead, they predict increased autonomy of AI tools in 2024. Rather than just assisting, AI may be able to work towards defined outcomes with less ongoing prompting. Adam and Kevin agree that learning to frame effective prompts is an essential skill for getting the most out of AI.

    ------SHOW NOTES-------

    Check out the GrowCFO Show - https://www.growcfo.net/growcfo-show/

    ------CHAPTERS------

    Here are the chapters for the podcast transcript:

    (00:00:00) - Introduction

    (00:01:06) - Catching up since previous podcast

    (00:03:08) - Using AI tools like Otter and Fathom

    (00:05:09) - Explaining ChatGPT and how finance can use it

    (00:10:17) - Personal productivity uses for AI assistants

    (00:12:16) - Using AI for data analytics

    (00:13:22) - AI enhancements to existing software

    (00:14:21) - Reviewing key AI categories and applications

    (00:16:17) - Using AI to automate podcast production

    (00:18:22) - Importance of process optimization before automation

    (00:19:29) - Scheduling focus time with AI calendar tools

    (00:22:10) - AI meeting notes enable active listening

    (00:24:32) - Predicting increased AI autonomy in 2024

    (00:26:00) - Challenges of prompting AI tools effectively

    (00:27:52) - AI may be able to work towards defined outcomes

    (00:29:45) - Limitations of existing autonomous AI tools

    (00:31:08) - Using specific AI bots for different tasks

    (00:32:28) - AI still needs clear instructions and outcomes

    (00:35:49) - Microsoft Copilot and other upcoming AI tools

    (00:38:00) - Potential costs and benefits of Microsoft Copilot

    (00:41:25) - Importance of process improvement before AI automation

    (00:43:03) - Real-world examples of process optimization

    (00:45:43) - AI image generation tools

    (00:47:22) - Framing effective questions and prompts

    (00:48:13) - Conclusion

    Check out the newsletter - https://newsletter.techforfinance.com/

    • 50 min
    What AI CAN’T Do: The Human Side of FP&A - Martin Zych (Pt. 2) | Ep.061

    What AI CAN’T Do: The Human Side of FP&A - Martin Zych (Pt. 2) | Ep.061

    More goodies at www.techforfinance.com | Listen in as we navigate the intricate dance between AI and human intuition in the realm of financial forecasting and analysis. Together with my insightful guest Martin, we dissect the irreplaceable value of human touch in financial planning. We highlight how a strategic blend of AI tools and expert knowledge can amplify our financial foresight, transforming analysts into superheroes of data. Martin shares pearls of wisdom on the importance of simple, direct questions in crafting more effective financial plans, underscoring the necessity of human connection in an increasingly automated world.

    This conversation also delves into the evolution of financial planning and analysis platforms, as Martin sheds light on the nuanced limitations and burgeoning capabilities of AI in this field. From discussing the potential of Python's Prophet library to contemplating the future of interaction design and anomaly detection in FP&A tools, we explore the balance between technological allure and the essential need for human judgment. Moreover, we get playful with AI's storytelling prowess, revealing how it can generate custom bedtime tales for kids, and we probe the nascent co-pilot feature in Office apps, setting realistic expectations for AI assistance in data and modeling tasks.

    Wrapping up our chat, Martin takes us on a detour through the realms of personal health, fitness, and the arts. We share transformative experiences with fitness apps and the quantified self-movement, reflecting on the impact of tracking and consistency in our wellbeing journeys. And for those enchanted by the intersection of creativity and technology, Martin extends an invitation to engage with his art and connect through various platforms, ensuring his insights and inspirations are but a click away. So join us for a rich blend of finance, technology, and personal growth that promises to enlighten and entertain.

    ------SHOW NOTES------

    - Connect with Martin on LinkedIn - https://www.linkedin.com/in/martinzych/
    - Check out Jirav - https://www.jirav.com/

    ------CHAPTERS------

    (00:00) The Role of AI in Forecasting
    (10:47) AI in Financial Planning and Analysis
    (17:18) Exploring Financial Modeling and AI Storytelling
    (24:13) Tech Apps and Fitness Transformations
    (29:17) Finding Martin's Art and Contact Information

    https://newsletter.techforfinance.com

    • 30 min
    Unlock the Power of Copilot’s AI Driven Data Insights - with GrowCFO | Ep.060

    Unlock the Power of Copilot’s AI Driven Data Insights - with GrowCFO | Ep.060

    Join us on this journey as we explore the groundbreaking potential of Microsoft Co-pilot in the world of finance, likening its innovative impact to the advent of the first iPhone. With esteemed guests Oli Deacon, former Microsoft finance director, and Adam Shilton, an expert in AI and finance, we peel back the layers of Co-pilot's early features and discuss how you can harness this technology. Oli brings clarity to complex topics, while Adam aims to demystify the intricacies of AI, providing you with valuable insights into how Co-pilot can enhance your financial workflows and data analysis.

    Listen in as we break down the transformative integration of Co-pilot within Microsoft Office, sharing practical use cases across applications like Excel, Word, and PowerPoint. Discover how this AI-driven assistant can streamline your day-to-day tasks, improve productivity, and ensure data security within your private work environment. We provide hands-on demonstrations and answer your burning questions live, promising to guide you through engaging with Co-pilot effectively, whether you're a seasoned finance professional or just looking to improve your office productivity.

    Finally, wrap up your experience with us as we look at the practicalities of acquiring Co-pilot for personal and enterprise use, offering tips for early adoption and maximizing its benefits for your finance team. As a bonus, stay tuned for our upcoming follow-up sessions designed to build on the knowledge shared today, with additional resources and training to unlock Co-pilot's full potential. A heartfelt thank you to our guests, Adam and Ollie, for their expertise, and to all our listeners for their engagement. Don't forget to reach out with any further inquiries, and look forward to joining us next time for more enlightening discussions.

    ------- SHOW NOTES ------

    - Check out Grow CFO - https://www.growcfo.net/
    - Connect with Oli - https://www.linkedin.com/in/olideacon/
    - Connect with Dan - https://www.linkedin.com/in/dan-wells-22a98926/
    - Check out the standalone AI Copilot - https://copilot.microsoft.com
    - Check out Copilot for Microsoft 365 - https://www.microsoft.com/en-us/microsoft-365/enterprise/copilot-for-microsoft-365

    ------ CHAPTERS -------

    (00:00:00) - Introduction to Microsoft Copilot and early access experience(00:02:00) - Overview of Copilot's capabilities in Microsoft Office(00:05:07) - Deep dive into Copilot's functionalities and benefits(00:09:07) - Defining Copilot and its place in AI technology(00:13:51) - Simplifying ChatGPT for professional use(00:17:24) - Practical applications and advantages of Copilot(00:20:25) - Future directions and enhancements for Copilot(00:24:04) - Getting started with Copilot: Access and setup(00:27:10) - Live demonstration: Copilot in action within Office apps(00:34:26) - Audience Q&A: Insights and clarifications on Copilot(00:38:38) - Exploring Copilot's impact on finance and accounting(00:42:24) - How Copilot integrates with data analysis and reporting(00:46:06) - Strategies for adopting Copilot in your organization(00:49:11) - Final thoughts and closing remarks on Copilot's future

    • 1 hr
    Replacement & Redundancy: Rethinking Tech Enabled Business - This Week in Tech | Ep.059

    Replacement & Redundancy: Rethinking Tech Enabled Business - This Week in Tech | Ep.059

    Join us as we explore the ever-evolving intersection of technology and business models with our insightful guest, Dan Lawrence from Bots for that. This week, we're peering into the future with the Apple Vision Pro, an innovative AR headset that could revolutionize the way we work in finance. Microsoft's leap to ensure Office compatibility with this tech is just the tip of the iceberg. But it's not all business; we also reflect on the challenge and necessity of a tech detox, sharing personal anecdotes about the struggle to unplug in a world where digital is king.

    Listen in as we discuss the intriguing possibilities of AI-enabled search tools like Perplexity and Arc Search, which are set to transform how we browse the web. Imagine navigating spreadsheets with a mere glance or finding the most relevant information without wading through pages of search results. These advancements could spell a significant shift for advertising revenue models and the visibility of content online. As AI becomes increasingly integral to our lives, we question what this means for job roles and the balance between automation and human touch.

    Hear about the potential of AI to not just replace but augment human tasks in sales and beyond. We dive into how these technologies are becoming more personalized, capable of small talk, and learning from each interaction. We'll discuss how this impacts small and medium-sized businesses and the strategic advantages it can offer. Wrapping up, we tackle the concept of fractional learning and the benefits of embracing challenges, both professionally and personally. So, gear up for an episode packed with forward-thinking insights and lively banter with myself, Adam Shilton, and Dan Lawrence.

    -------SHOW NOTES------

    Subscribe to the 'Tech for Finance' podcast - https://pod.link/1628188164
    Subscribe to the 'Beanies in a Pod' Podcast - https://beaniesinapod.buzzsprout.com/

    -------CHAPTERS------

    (00:00) Apple Vision Pro
    (12:54) AI-Enabled Search and Job Replacement
    (26:07) AI in Sales and Business Augmentation
    (32:59) Future of AI and Job Roles
    (46:27) Fractional Learning
    (51:03) The Importance of Challenging Yourself

    Subscribe to the Newsletter at -

    https://newsletter.techforfinance.com

    • 51 min
    Excel vs FP&A Tool: Avoid the Same Pains Coming Back to Bite You - Martin Zych (Pt.1) | Ep.058

    Excel vs FP&A Tool: Avoid the Same Pains Coming Back to Bite You - Martin Zych (Pt.1) | Ep.058

    More goodies at www.techforfinance.com | Unlock the secrets of technology's transformative power in financial planning with our latest episode where Martin Zych, Jirav's CEO, reveals how innovative tools are reshaping the industry. Ditch Excel and discover how sophisticated platforms can propel your financial strategies into the future. Alongside Martin, we delve into his experiences as a fractional CFO and the pearls of wisdom he's unearthed in his venture capital journey—all served with a side of personal anecdotes about life as a father and outdoor enthusiast.

    Financial planning takes center stage as we dissect the nuances of FP&A and the burgeoning role of fractional CFOs. We navigate through the labyrinth of managing multiple clients' data and the quest for clean financial books that underpin operational excellence. Listen as we piece together the mosaic of strategic partnership, where financial professionals transcend the boundaries of number crunching to become indispensable advisors in business storytelling and decision-making.

    Wrap up your financial acumen with our discussion on the art of simplifying complex data. Embrace strategies that help you craft financial models balancing sophistication for the finance-savvy and clarity for the rest of the team. We share insights from Jirav's 'Success Safari' and how integrating diverse data streams can revolutionize FP&A, ensuring every decision is informed and every stakeholder is empowered. Join me, Adam Shulton, and Martin Zicc for a masterclass in financial innovation that's as enlightening as it is practical.

    ------SHOW NOTES------

    - Connect with Martin on LinkedIn - https://www.linkedin.com/in/martinzych/
    - Check out Jirav - https://www.jirav.com/

    ------CHAPTERS------

    (00:00) Leveraging Technology for Financial Planning
    (03:32) FP&A and Fractional CFO Insights
    (08:19) Unpacking Revenue Drivers and Sales Compensation
    (21:08) Financial Storytelling and Simplifying Data Analysis
    (29:14) Importance of Simplicity in Financial Modeling

    https://newsletter.techforfinance.com

    • 32 min

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