Category: Finance Technology & Tools
Practical tips, frameworks, and tools that make Finance work smarter.
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A recent Wall Street Journal article argued that workers worried about AI taking their jobs may be missing an even bigger danger — cue the escalation that sells headlines — AI systems absorbing institutional knowledge and shifting control away from individuals. The fear is real. Surveys show it across industries. Not just routine workers. Knowledge…
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How do you measure the performance of your finance team? Time to close the books? Forecast accuracy? DSO? Working capital turns? All reasonable. Now imagine this KPI presented at your next board meeting: “We evaluated Finance based on the number of journal entries posted this month.” It sounds absurd. In fact, you might argue the…
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When “One Hour for Requirements” Tells You Everything You Need to Know I was invited to a one-hour meeting. The invitation said we were going to “go over requirements” for a new system. We were asked to come prepared with examples of what we do today: reports we rely on, reports we don’t, pain points,…
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A Real Use Case for AI A vendor sends monthly invoices as PDFs. Not summaries—full transaction-level detail. All the data you want, hermetically sealed inside a document designed primarily for printing and filing, not analysis. The data is valuable. The data is locked. Hey, why not just demand the vendor send the invoices directly…
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Early in my career—long before AI, cloud ERPs, or any notion that accounting could be automated out of existence – I found myself staring at a wall of inventory reports at Johnson & Johnson. Finished goods. LIFO. Dozens of layers accumulated year after year because inventory levels always seemed to rise. Cost indexes went up,…
Financial Foundations with Jim Curham 