ProcurementExpress.com Logo
Start Free Trial
ProcurementExpress.com Logo
Book a Demo
February 15, 2024

It’s ALIVE!!!! AI Speaks Finance

On this episode of the Gross Profit Podcast, James Kennedy sits down with a truly unique guest – ChatGPT! James seeks to uncover how AI can be a game-changer for finance teams in saving time and money. But the discussion doesn’t stop there – it also tackles the critical questions of data security and the future role of AI in business.
The Gross Profit Podcast
The Gross Profit Podcast
It's ALIVE!!!! AI Speaks Finance
Loading
/
Download File
Play in new window
  • 22.8 MB
  • 2024-02-15 14:34:47
Subscribe on

Show Notes

In this episode James Kennedy takes a deep dive into the world of artificial intelligence with a truly unique guest – ChatGPT, the AI language model.

James seeks to uncover how AI can be a game-changer for finance teams in saving time and money. But the discussion doesn’t stop there – it also tackles the critical questions of data security and the future role of AI in business.

What You’ll Learn:

  • AI in Finance: Discover how AI can revolutionize financial operations by optimizing processes like OCR (Optical Character Recognition) and data analysis.
  • Trust and Security with AI: An in-depth look at the measures taken to ensure sensitive financial data remains secure when using AI systems.
  • AI as a Business Ally: Understanding AI’s role in enhancing human capabilities, not replacing them, in the business landscape.
  • Historical Parallels: ChatGPT’s take on the comparison of AI to pivotal inventions like the tractor, and what that means for the future of work.

Episode Highlights:

  • “ChatGPT, how can finance teams leverage AI to improve efficiency and accuracy?”
  • “In terms of data security, how reliable is AI, and what precautions should businesses take?”
  • “You mentioned augmenting human capabilities – can you expand on how AI plays a role in this?”
  • “Do you see AI as a revolutionary tool akin to the invention of the tractor in terms of its impact on society?”

Social Snippets:

  • “It’s not about replacing people, it’s about augmenting human capabilities” – ChatGPT.
  • “It’s like having a super-efficient assistant who works 24/7 and loves crunching numbers” – ChatGPT.
  • “Is AI Frankenstein’s Monster or Man’s New Best Friend? Have a listen and decide.”

This episode is a must-listen for anyone curious about the potential and realities of AI in the business world. ChatGPT, with its ability to analyze and provide insights on a range of topics, offers a unique perspective that is both enlightening and thought-provoking.

This podcast is tagged under:

The Gross Profit Podcast

More Episodes

Merushka Chetty

Mike Jerman – Why PE Firms NEED Fractional CFOs

In this episode James Kennedy sits down with Mike Jerman, founder of Hollywell Partners, to dive deep into the world of financial due diligence, quality of earnings, and the real work behind private equity deals. Mike shares his unique journey from Air Force captain to PwC director and ultimately founder of a high-performing fractional CFO firm that he later sold to a PE-backed group.
They explore why private equity firms rely on fractional CFOs, the hidden risks revealed in due diligence, and what really separates accounting from financial storytelling when preparing a business for sale. Mike also opens up about how his firm discovered fraud during a routine quality of earnings check – and what business owners can learn from that.
Stick around to the end to hear Mike’s heartfelt tribute to his business mentor, and why mentorship is one of the most underrated drivers of success.

Listen Now »
Merushka Chetty

Adam Sher – Why Your Tax Accountant Is Killing Growth

In this week’s episode, host James Kennedy is joined by Adam Sher, a seasoned CFO who has worked with some of the most exciting growth-stage companies in the startup ecosystem.
Adam shares what it’s like to parachute into high-growth environments as a fractional CFO, where finance meets chaos, and strategy meets reality. With a background that spans e-commerce, SaaS, and AI, Adam brings a refreshingly honest take on how CFOs can balance operational excellence with founder vision – especially when the numbers tell a different story.
From managing investor expectations to rebuilding financial infrastructure after layoffs, Adam’s war stories offer valuable insights for CFOs, founders, and operators alike.

Listen Now »
Merushka Chetty

Tiffany Vogel – The 3-Year Plan to Build and SELL a CFO Empire!

This week James sits down with Tiffany Vogel, founder of Insight CFO Services, to explore what it means to build a scalable, values-driven fractional CFO firm from the ground up. Tiffany shares her unconventional decision to take on debt and build a team from day one – defying the typical solo CFO path.
They dive into her background in healthcare analytics, her real estate investing success, and how those experiences shaped her approach to financial leadership. Tiffany also talks candidly about setting boundaries, managing burnout, and keeping her mission at the center of everything she builds.
Stick around to the end to hear how she’s planning retreats for founder transformation – and why every CFO should be thinking about their exit, too.

Listen Now »