Embracing AI in Finance and Accounting: Balancing Risk and Innovation

Until the public release of ChatGPT, most of us considered the notion of a human-like artificial intelligence like the HAL supercomputer in the movie 2001, or Data, the AI-powered android from Star Trek, something we were unlikely to see in our lifetimes. But as people use new powerful AI tools like ChatGPT and BARD for everything from setting meeting agendas to writing personal letters, shopping lists, and even poetry, an AI-powered future seems likely to become a reality sooner rather than later. AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO.

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Data Centered KPIs for Operations, Finance, and HR

One thing we’ve learned at Ladder over the years is how important data is to finding sustainable success and profitability. We’ve always been very data-focused when it comes to our marketing ideology with creative testing and adaptive growth, but we’ve taken it a step forward by truly branding data within our operations, finance, marketing, and HR systems.

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Unlock Your Financial Potential: Discover the Top 5 Planning Techniques for Success.

Planning is a critical component of sound financial management. It involves the process of allocating resources, setting financial goals, and tracking progress toward those goals. Effective planning techniques enable finance professionals to make informed decisions, manage cash flow effectively, and achieve financial success. In this article, we will explore five planning techniques that have proven to be successful in various companies. I will highlight the benefits of each technique and provide actionable tips for finance professionals to enhance their planning processes.

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5 Essential Financial KPIs Every Finance Leader Should Track

Financial Planning and Analysis (FP&A) plays a crucial role in driving the financial health and success of an organization. To effectively manage and guide their company’s financial strategy, finance leaders must have a comprehensive understanding of key performance indicators (KPIs). These KPIs provide valuable insights into an organization’s financial performance, helping finance leaders make informed decisions and drive growth.

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Using The Impact Equation to Grow

As the CFO role evolves and expands, holders of the position are being required to have more impact on their organizations.

The role is moving toward more proactive leadership. This shift is moving CFOs
• from Facts Only to Future focused
• from Cost reducer to Value creator and
• from a Compliance mentality to a Strategic mindset

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