FEI Podcast - Episodes Tagged with “Artificial Intelligence”

Forecasting the future of AI in financial planning and analysis with QueBit’s Justin Croft

Financial Executives International — Sun, 30 Jun 2024 09:00:00 -0400

The role of artificial intelligence in finance is just starting to be understood and, more importantly, how it mixes with other tools like predictive analytics and robotic process automation to build a solid forecast.

In this sponsored episode of FEI Weekly we talk with Justin Croft VP, Cross Solutions Architecture at QueBit, about the promise and practicality of AI in financial planning and analysis.

Special Guest: Justin Croft.

The encouraging, but not surprising, spread of AI in financial audits with KPMG’s Thomas Mackenzie

Financial Executives International — Mon, 27 Nov 2023 13:00:00 -0500

We all know that AI will forever change the finance and accounting landscape, but how quickly is it happening and what are the actual benefits? In this episode, we speak with Thomas McKenzie, KPMG audit, US and global CTO about the speed of AI adoption and the critical areas where preparers need to catch up.

Special Guest: Thomas Mackenzie.

Bedrock AI’s Kris Bennatti on adapting language models to filings, disclosure “inflation” and replacing critical audit matters with 💩

Financial Executives International — Wed, 31 May 2023 07:00:00 -0400

There is no shortage of hot takes when it comes to the possibility of generative artificial intelligence in finance, especially when it comes to consultants or vendors talking about the ways it can be leveraged by large enterprises in accounting and financial reporting. But like in many instances, first mover advantage usually belongs to investors leveraging new technologies as a window into the balance sheet.
For example, Bedrock AI is a startup that uses artificial intelligence to read financial disclosures and apply a machine-learned risk assessment tool.
Bedrock AI’s CEO Kris Bennatti has a unique perspective on the rise of AI in accounting and disclosure, having a background in data science, corporate governance as well as being a CPA.
In this episode we speak with Ms. Benatti about how AI can navigate a world of "over disclosure" along with ideas regarding how the current financial reporting industry will need to adapt.

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Special Guest: Kris Bennatti.

A New World Needs a New Way to Close

Financial Executives International — Mon, 27 Jun 2022 00:00:00 -0400

A key responsibility for anyone in the finance function is closing the company books on a monthly, quarterly and yearly basis. And although to a layperson that may seem like a straightforward process, anyone with an accounting or finance background knows it’s anything but.

Filled with multiple stakeholders and dependencies, the financial close can be a complicated process for even a small organization. But that complexity can increase algorithmically with the size of the organization.

In this sponsored episode of the Financial Executive Podcast I speak with Nancy Wu, head of sales and support at SkyStem. SkyStem provides month-end close automation for enterprise-level accounting teams.

Nancy speaks about the increased use of automation in the financial close and how recent events, like the move to remote working during the COVID-19 pandemic, may have accelerated an already rapidly changing financial close process.

For more information on SkyStem please visit www.skystem.com.

Special Guest: Nancy Wu.