Explorez tous les épisodes du podcast The FP&A Guy Network
| Titre | Date | Durée | |
|---|---|---|---|
| The Influence Skills for FP&A Pros to Build Boardroom Trust Without the CFO Title with Wassia Kamon | 15 May 2025 | 00:52:30 | |
In this episode of FP&A Tomorrow, host Paul Barnhurst chats with Wassia Kamon, the Chief Financial Officer at Access to Capital for Entrepreneurs (ACE), about her journey from financial planning and analysis (FP&A) to leading as a CFO. Wassia opens up about the challenges, surprises, and growth she's experienced, particularly in learning to navigate the boardroom and building strategic influence within her organization. Along the way, she shares valuable insights into leadership, trust-building, and why it's essential for finance professionals to expand beyond the numbers. Wassia Kamon is a finance powerhouse with over 15 years of experience across various industries, including manufacturing, technology, pharmaceuticals, and nonprofits. As CFO at ACE, a nonprofit lending institution, she plays a key role in providing capital to entrepreneurs. Wassia has also been recognized as a 40 Under 40 honoree by CPA Practice Advisor and is the host of the podcast The Diary of a CFO. She's passionate about helping high-potential finance leaders step into executive roles and shares her expertise through coaching, speaking engagements, and teaching at the Wharton Online Certificate Program. Expect to Learn:
Here are a few quotes from the episode:
Wassia delivers a powerful perspective on the role of financial leaders and the critical need for stronger relationships, trust-building, and strategic influence in today’s business environment. This episode is essential listening for finance professionals, aspiring CFOs, and business leaders looking to enhance their impact, improve decision-making, and build stronger, more collaborative teams. Corporate Finance Institute: Master real-world finance skills with CFI’s FMVA program to learn financial modeling, valuations, and strategic insights top finance teams use. Get 30% off any plan and take the next step in your career. Explore now at https://corporatefinanceinstitute.com/pricing-fpaguy/?utm_source=fpaguy&utm_medium=organic&utm_campaign=podcast_ads Follow FP&A Tomorrow: Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 Follow Wassia: LinkedIn - https://www.linkedin.com/in/wassiakamon/ Website - https://www.wassiakamon.com/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy 2025 FP&A Tools Showcase: Discover the best in FP&A without the sales pressure. The 2025 FP&A Tools Showcase is a free event where top platforms demo their solutions, share their approach to planning, and answer your questions with no pitches, just insights. Join us on May 22nd and see how today’s leading tools stack up. Register now at https://bit.ly/42YPPkF Earn Your CPE Credit For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions and earn your CPE certification. To earn education credits for FPAC Certificate, take the quiz on earmark and contact Paul Barnhurst for further details. In Today’s Episode [01:42] - Welcome and Introduction [03:29] - Wassia’s Journey from FP&A to CFO [05:02] - What Makes Great FP&A? [07:13] - Dealing with the Board for the First Time [09:45] - Building Trust and Strategic Influence in Finance [13:20] - Leading in Multiple Industries [17:05] - Expanding Your Network and Influence [21:14] - Managing Uncertainty as a CFO [25:32] - Leadership Lessons from Wassia’s Career [29:00] - Building Effective Relationships in Business [33:47] - Key Takeaways | |||
| How Finance Teams Can Automate Internal Controls and Stop Data Errors with AI – Ahikam Kaufman | 14 May 2025 | 00:18:10 | |
In this episode of Future Finance, hosts Paul Barnhurst (aka The FP&A Guy) and Glenn Hopper welcome Ahikam Kaufman, veteran finance leader and co-founder of Safe AI, the world’s first platform for financial data governance. Ahikam shares how his experience at companies like Intuit led him to build a solution that replaces manual processes with smarter, more reliable financial oversight. He explains how Safe AI connects data across systems like ERP and CRM to catch issues early and automate routine checks. The conversation explores how finance teams can move faster, stay compliant, and trust their data. Ahikam Kaufman is the co-founder and CEO of Safe AI, a platform built to monitor and govern financial data across systems like ERP, CRM, and payroll. With over 20 years of experience in corporate finance and entrepreneurship, he’s seen both the promise and pitfalls of financial operations. From M&A and compliance challenges to launching B2C fintech ventures, Ahikam’s career shaped his vision for making financial data easier to manage, review, and trust. At Safe AI, he helps companies replace manual work with smart oversight so teams can close the books faster, avoid errors, and stay ahead of compliance. In this episode, you will discover:
Ahikam Kaufman gave us an inside look at how finance teams can take control of their data and move beyond the manual processes that slow them down. From automating reconciliations to catching issues before close, he showed how Safe AI helps finance professionals work smarter and stay compliant without the last-minute scramble. This episode is a great reminder that true financial leadership isn’t just about tracking numbers-it’s about building systems that support accuracy, trust, and long-term growth. Follow Ahikam : LinkedIn - https://www.linkedin.com/in/ahikam-kaufman-688310/ Website - https://safebooks.ai/ Join hosts Glenn and Paul as they unravel the complexities of AI in finance: Follow Glenn: LinkedIn: https://www.linkedin.com/in/gbhopperiii Follow Paul: LinkedIn - https://www.linkedin.com/in/thefpandaguy Follow QFlow.AI: Website - https://bit.ly/4i1Ekjg Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai. Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike. In Today’s Episode: [00:00] - Welcome to the Episode [00:24] - SXSW and Startup Energy [01:00] - Transitioning from Corporate to Startup [03:25] - Replacing Manual Financial Controls [05:09] - AI-Powered Financial Graphs at SafeBooks [08:33] - Ensuring Compliance with SafeBooks [14:14] - AI’s Impact on CFOs [16:51] - AI-Powered Priority Alerting | |||
| How AI Cash Flow Automation Helps CFOs Reduce Late Payments and Improve Working Capital - Carlos Vega | 23 Apr 2025 | 00:38:03 | |
In this episode of Future Finance, hosts Paul Barnhurst (aka The FP&A Guy) and Glenn Hopper welcome Carlos Vega, fintech founder, investor, and AI enthusiast. Carlos shares his unique path from investment banking to co-founding Tesorio, an AI-powered financial operations platform helping companies optimize cash flow and unlock real working capital. Carlos reveals how his frustration with traditional finance workflows led him to build tools that empower finance teams to move at AI speed - with smarter forecasts, automated collections, and deeper financial visibility. Carlos Vega is the co-founder and CEO of Tesorio, an AI-powered financial operations platform. He has over a decade of experience in finance, including investment banking at Lazard and co-founding a factoring business. Carlos holds an MBA from Wharton, where he created a custom focus in “Innovation Through Analytics” He’s passionate about turning data into actionable insights and making cash flow more predictable. At Tesorio, he helps companies automate collections and optimize working capital using AI. In this episode, you will discover:
Carlos Vega shared practical insights on why cash flow is one of the most overlooked-yet critical-parts of running a business. With his background in finance and experience building Tesorio, he brought a real-world perspective to the conversation. He emphasized the importance of understanding where your money is coming from and when, and how small changes can make a big difference. At the heart of it all: clear processes, good habits, and staying on top of the details. Follow Carlos: LinkedIn - https://www.linkedin.com/in/carlos-r-vega/ Website - https://www.tesorio.com/ Join hosts Glenn and Paul as they unravel the complexities of AI in finance: Follow Glenn: LinkedIn: https://www.linkedin.com/in/gbhopperiii Follow Paul: LinkedIn - https://www.linkedin.com/in/thefpandaguy Follow QFlow.AI: Website - https://bit.ly/4i1Ekjg Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai. Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike. In Today’s Episode: [01:28] - Welcome to the Episode [02:54] - Creating a Custom MBA [09:46] - Lessons from a Factoring Business [10:50] - Why People Ignore Cash Flow [12:27] - Building in Panama vs. the U.S. [14:12] - Cash Flow Is a Data Problem [19:21] - Is Cash Flow Forecasting Overlooked? [21:01] - Building Accurate Collection Models [23:53] - Real AI Use Cases in Finance [32:05] - Carlos’s Grounding Habits [36:53] - Final Thoughts & Key Quote | |||
| The Power of Data Automation in Financial Models and Tools for Corporate Success with Paul Medici | 17 Sep 2024 | 00:47:58 | |
In this episode of Financial Modelers Corner, host Paul Barnhurst welcomes Paul Medici, founder and CEO of Medici Financial Modeling. They dive into the art and science of financial modeling, sharing horror stories, insights, and practical tips on how to avoid common pitfalls. The discussion revolves around the importance of simplicity and structure, and how mastering the fundamentals can save time and deliver better results. Today’s guest is Paul Medici, the Founder and CEO of Medici Financial Modeling. With over a decade of experience, Paul specializes in building bespoke financial models and custom data automation tools for corporate clients across the US, Canada, and Europe. His expertise spans a wide range of industries, including financial services, healthcare, manufacturing, mining, real estate, retail, technology, and even charitable organizations. He holds an MBA from the University of Toronto and a Master’s in Geological Science and Engineering from Queen’s University. Key takeaways from this week's episode include:
Here are a few quotes from Paul Medici:
From his early career in geology to teaching advanced Excel at top investment banks, Paul brings a wealth of knowledge to the conversation. He emphasizes the importance of building user-friendly models, practicing regularly, and finding the right balance between complexity and functionality. Follow Paul Medici:
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Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. In today’s episode: [01:27] - Introduction to the episode and guest [03:15] - The worst financial model story and lessons learned. [07:17] - Career transition from Geology to Finance [12:40] - Challenges in modeling different industries [19:22] - Favorite industries and financial models [22:17] - Bespoke data automation tools [25:47] - Teaching Excel and financial modeling courses [34:29] - Advice for FMI Certification [39:03] - Rapid fire: financial modeling preferences [44:13] - Final advice and contact information | |||
| Finance secrets for driving business success through FP&A with Jim Caltabiano | 12 Sep 2024 | 00:51:24 | |
In this episode of FP&A Tomorrow, host Paul Barnhurst is joined by Jim Caltabiano, a seasoned finance leader with over 30 years of experience in financial planning and analysis (FP&A) across various industries, including consumer packaged goods and food and beverage. The discussion centers around the evolving role of FP&A, the importance of insights over data, and strategies for building effective finance teams that can drive business value. Jim Caltabiano brings a wealth of knowledge from his extensive career in FP&A and finance leadership roles at major companies such as Procter & Gamble, General Mills, Campbell Soup Company, Ajinomoto Foods, and Del Monte Foods. With a background in both finance and marketing, Jim offers a unique perspective on how FP&A professionals can go beyond traditional financial functions to become true business partners. Expect to Learn:
Here are a few relevant quotes from the episode:
In this episode, Jim Caltabiano shares valuable insights on the evolving role of FP&A professionals in today's dynamic business environment. By adopting a holistic approach to data, leveraging multiple data sources, and focusing on active listening, FP&A professionals can elevate their role from number crunchers to strategic business partners. This episode is a must-listen for anyone looking to sharpen their FP&A skills and drive meaningful impact within their organization. Follow Jim: LinkedIn - https://www.linkedin.com/in/jimcaltabiano/ Email - j.caltabiano@icloud.com Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy World-class Digital FP&A Course Bundle: Signup for over ten hours of video content with 4 different courses and 8 modules on FP&A topics including: Business Partnering, Data Analysis, Financial Modeling Design Principles, and Modern Excel. Use code Podcast to save 25%. What are you waiting for signup now: https://bit.ly/4decOf3 Enroll for Financial Planning & Analysis Certificate Program: Sign up for the 8 week online financial planning & analysis certificate program by Wharton Online and learn the art of forecasting, analysis, business partnering and financial storytelling: https://bit.ly/4debs46 Use Code: THEFPAGUY300 to save $300. Earn Your CPE Credit For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions and earn your CPE certification. To earn education credits for FPAC Certificate, take the quiz on earmark and contact Paul Barnhurst for further details. In Today’s Episode [01:24] - Introduction to the episode and the guest, Jim Caltabiano [02:38] - Defining great FP&A and the importance of insights [04:50] - Jim’s career journey and professional background [07:12] - Jim’s philosophy of business first, function second [12:19] - Strategy for learning new businesses as an FP&A professional [17:06] - Techniques for FP&A professionals to provide insights beyond reports [25:00] - Managing data quality issues and incomplete information [28:11] - Insights from Jim’s tenure as Chief Technology Officer [38:27] - Discussion on the use of generative AI in FP&A [40:51] - Quick insights on essential technical and soft skills [49:30] - Closing thoughts and how to connect with Jim | |||
| Quantrix Approach to Simplify Complex Financial Problems with Gilbert Hangartner | 10 Sep 2024 | 00:49:12 | |
In this episode of the "Financial Modelers Corner," host Paul Barnhurst welcomes Gilbert Hangartner, a financial modeler with a background in science. The discussion delves into the intricacies of financial modeling, the importance of simplicity in model construction, and the application of Monte Carlo simulations to understand risk. Gilbert shares his insights on how to approach financial modeling by asking the right questions rather than having complex formulas. Gilbert Hangartner is a seasoned financial modeler who transitioned from a career in science, specializing in chemistry and physics, to financial modeling and risk analysis. His scientific training gives him a unique perspective on financial modeling, treating it as both a creative process and a technical discipline. Gilbert emphasizes the importance of simplicity and clarity in building effective models and is an advocate for using models as tools for communication and strategic decision-making. Key takeaways from this week's episode include:
Here are a few quotes from Gilbert Hangartner:
In this episode, Gilbert Hangartner offers a fresh perspective on the world of financial modeling and challenges the conventional wisdom that financial models must be complex to be effective. Whether you're a seasoned modeler or just starting out, Gilbert's insights on Monte Carlo simulations provide valuable guidance on how to enhance your modeling skills and approach. Follow Gilbert: Follow Paul:
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Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. In today’s episode: [01:16] - Introduction to the episode and the guest, Gilbert Hangartner [01:57] - The worst financial model horror story shared by Gilbert [04:42] - Discussion on the importance of simplicity in financial modeling [06:10] - Gilbert explains his transition from science to financial modeling [10:11] - Art or Science? The nature of financial modeling [13:45] - Strategies for asking the right questions when building a model [17:16] - An overview of Monte Carlo simulations for risk modeling [28:31] - The advantages of Quantrix over Excel [44:47] - A contrarian view on the future of Excel in financial modeling [47:48] - Closing Remarks and Contact Information | |||
| What Every FP&A Leader Must Know About Driving Change with Leslie Stuart | 05 Sep 2024 | 00:50:56 | |
In this episode of FP&A Tomorrow, we dive into the evolving landscape of Financial Planning & Analysis (FP&A) with a focus on finance transformation. Leslie Stuart, a seasoned expert in FP&A and finance transformation, shares her insights on how modern finance functions are adapting to new technologies, data management practices, and process improvements to drive better business outcomes. Leslie Stuart is the Director of Financial Planning & Analysis at Walmart Canada and a certified CPA. With a robust background in accounting, auditing, and operational finance, Leslie has been at the forefront of finance transformation, leading initiatives that integrate cutting-edge technology with traditional finance functions. Her career journey from external audit to leading finance transformations offers valuable lessons for anyone involved in or aspiring to drive financial excellence. Expect to Learn:
Here are a few relevant quotes from the episode
In this insightful episode, Leslie Stuart takes us through the intricate process of finance transformation, emphasizing the importance of data quality, the role of technology, and the critical need for effective communication and process management. Her practical advice and personal experiences offer a roadmap for those looking to navigate the complexities of modern FP&A. Follow Leslie: LinkedIn - https://www.linkedin.com/in/leslie-stuart/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy World-class Digital FP&A Course Bundle: Signup for over ten hours of video content with 4 different courses and 8 modules on FP&A topics including: Business Partnering, Data Analysis, Financial Modeling Design Principles, and Modern Excel. Use code Podcast to save 25%. What are you waiting for signup now: https://bit.ly/4decOf3 Enroll for Financial Planning & Analysis Certificate Program: Sign up for the 8 week online financial planning & analysis certificate program by Wharton Online and learn the art of forecasting, analysis, business partnering and financial storytelling: https://bit.ly/4debs46 Use Code: THEFPAGUY300 to save $300. Earn Your CPE Credit For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions and earn your CPE certification. To earn education credits for FPAC Certificate, take the quiz on earmark and contact Paul Barnhurst for further details. In Today’s Episode [01:31] - Introduction to the episode [02:17] - Leslie’s career journey and background [02:46] - Discussion about evolution of FP&A [08:07] - Leslie explains her transition from audit to FP&A [12:35] - Managing large-scale finance transformations [20:18] - Project management approaches in finance transformations [31:14] - The Role of AI in FP&A [37:06] - Continuous evolution in finance [49:13] - Final thoughts and conclusion | |||
| Revolutionizing Finance through AI and Data Science with Gabriela Gutierrez | 04 Sep 2024 | 00:31:36 | |
In this episode of the Future Finance Show, hosts Paul Barnhurst and Glenn Hopper explore the transformative impact of artificial intelligence (AI) on financial planning and analysis (FP&A). The discussion revolves around how AI tools, from generative AI to sophisticated models like OpenAI's Project Strawberry, are reshaping the finance landscape. The episode features Gabriela Gutierrez, a finance professional turned AI enthusiast, who shares her journey of integrating AI into finance. Gabriela Gutierrez is a dynamic finance leader and entrepreneur with a strong background in AI, Python programming, and machine learning. She has worked in various financial roles, including FP&A at eBay and as a local CFO for Teads in Germany. Gabriela’s passion for innovation led her to launch a stealth startup focused on AI-powered finance solutions. She shares her insights into the evolving role of finance professionals in the AI era and her experiences in building an AI-centric company. In this episode, you will discover:
It's clear that the intersection of AI and finance offers both exciting opportunities and unique challenges. This episode provides a wealth of knowledge for finance professionals to embrace AI as a tool for innovation, efficiency, and strategic growth. Follow Gabriela: LinkedIn: https://www.linkedin.com/in/gabriela-gutierrez-15ba0571/ Join hosts Glenn and Paul as they unravel the complexities of AI in finance: Follow Glenn: LinkedIn: https://www.linkedin.com/in/gbhopperiii Follow Paul: LinkedIn: https://www.linkedin.com/in/thefpandaguy Follow QFlow.AI: Website - https://qflow.ai/future-finance Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai. Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike. In Today’s Episode: [00:59] - Introduction to the episode [01:43] - Key takeaways from Carl Seidman’s FP&A insights [07:02] - Exploring OpenAI’s project Strawberry [11:58] - Gabriela Gutierrez background and career journey [16:39] - Overcoming challenges in AI integration [19:51] - Insights on Gabriela’s Stealth Startup [26:29] - Fun segment: get to know Gabriela [30:31] - Conclusion and episode wrap-up | |||
| Discover the Power of Simplicity in Financial Modeling With Giles Male | 03 Sep 2024 | 00:48:31 | |
In this episode of Financial Modelers Corner, host Paul Barnhurst is joined by Giles Male, who brings his unique perspective on the rapidly changing landscape of financial modeling. Together, they explore how the latest advancements in Excel—such as dynamic arrays and Lambda functions—are revolutionizing the way financial models are built and used. Giles also provides invaluable advice on the importance of simplicity, adaptability, and effective communication in modeling. Giles Male is a CMA-qualified accountant and a seasoned financial modeler with extensive experience in bid analysis and complex financial modeling. As a co-founder of Full Stack Modeler, Giles is passionate about training and mentoring the next generation of financial modelers. He holds the prestigious Master Financial Modeler (MFM) accreditation from the Financial Modeling Institute, making him one of only seven individuals worldwide to have achieved this honor. Giles brings a wealth of knowledge on modern Excel and its application in financial modeling. Key takeaways from this week's episode include:
Here are a few quotes from Giles Male:
In this episode, Giles Male offers a wealth of insights into the evolving world of financial modeling. He emphasizes the importance of simplicity, the transformative power of modern Excel, and the critical need for clear communication in model design. As the industry continues to evolve, Giles’s focus on adaptability, continuous learning, and user-centric design serves as a guide for both seasoned professionals and newcomers alike. Follow Giles:
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Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. In today’s episode: [01:18] - Introduction to the topic and guest Giles Male [05:31] - Lessons from complex models [07:12] - Giles shares his career journey into financial modeling [16:10] - Achieving master financial modeler accreditation [17:19] - Giles shares practical project insights [28:42] - Defining advanced modeling skills [34:00] - The future of excel and financial modeling [41:50] - Excel shortcuts and best practices [47:47] - Conclusion and contact information | |||
| AI, Technology & The Modern FP&A Mindset – Insights with Dr. Liran | 29 Aug 2024 | 00:46:45 | |
In this insightful episode of FP&A Tomorrow, host Paul Barnhurst dives into the future of Financial Planning and Analysis (FP&A) with Dr. Liran Edelist, a seasoned expert with over 30 years of experience in finance and technology. The discussion focuses on the importance of modernization, the role of technology, and how FP&A professionals can better align their tools and processes with the needs of the business. Dr. Liran Edelist, referred to as "The Doctor" by Paul, is a distinguished professional with a PhD in Business Administration. Originally from Israel, Liran now operates out of the Greater Boston area and has extensive experience in consulting, technology, and business leadership. With a career spanning nearly three decades, including a presidency at Jedox Americas and a role as an adjunct professor at Boston University, Liran brings a wealth of knowledge on the intersection of finance, technology, and business processes. Expect to Learn:
Quotes: Here are a few relevant quotes from the episode
In this episode, Dr. Liran Edelist emphasizes the importance of modernization in FP&A, urging professionals to adopt a mindset of continuous improvement rather than relying on outdated methods. This episode underscores FP&A’s vital role as a strategic partner in guiding organizations toward a more data-driven and forward-thinking future. Follow Dr. Liran: Website - https://www.topit.biz/ LinkedIn - https://www.linkedin.com/in/drliranedelist/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy World-class Digital FP&A Course Bundle: Signup for over ten hours of video content with 4 different courses and 8 modules on FP&A topics including: Business Partnering, Data Analysis, Financial Modeling Design Principles, and Modern Excel. Use code Podcast to save 25%. What are you waiting for signup now: https://bit.ly/4decOf3 Enroll for Financial Planning & Analysis Certificate Program: Sign up for the 8 week online financial planning & analysis certificate program by Wharton Online and learn the art of forecasting, analysis, business partnering and financial storytelling: https://bit.ly/4debs46 Use Code: THEFPAGUY300 to save $300. Earn Your CPE Credit For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions and earn your CPE certification. To earn education credits for FPAC Certificate, take the quiz on earmark and contact Paul Barnhurst for further details. In Today’s Episode [01:35] - Introduction to the episode and guest, Dr. Liran [02:57] - What defines great FP&A? [04:24] - Critical balance between people, processes, and technology [09:18] - Key considerations for selecting the right FP&A tools [15:06] - Trends in FP&A technology [23:32] - The Role of AI in FP&A [26:00] - FP&A as the front office of organization [28:46] - The Plan Buddies community [33:23] - Implementing FP&A tools successfully [45:27] - Conclusion and closing remarks | |||
| Continuous Planning vs. Annual Budgets | Randy Brown’s Game-Changing FP&A Insights | 27 Aug 2024 | 00:52:16 | |
In this episode of Financial Modelers Corner, Paul Barnhurst dives into the intricacies of financial modeling, focusing on cash flow forecasting and continuous planning with FP&A expert Randy Brown. Randy shares his unique journey from music school to becoming a financial consultant and emphasizes the importance of practical financial strategies, especially in volatile markets. Randy Brown is a seasoned financial consultant with a rich background in FP&A, corporate finance, and financial modeling. After initially pursuing a career in music, Randy transitioned into finance, where he has built a successful career, particularly in cash flow management and continuous planning. His approach blends technical financial skills with real-world business acumen, making him a sought-after consultant in the industry. Key takeaways from this week's episode include:
Here are a few quotes from Randy Brown:
In this insightful episode, Randy Brown shared his wealth of knowledge on financial modeling, continuous planning, and the critical importance of cash flow forecasting. His emphasis on the importance of relationships, the simplicity of effective cash forecasting, and the pitfalls of traditional budgeting methods offers a fresh perspective for financial professionals striving to improve their modeling practices. Follow Randy:
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Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. In today’s episode: [01:28] - Introduction to the episode and guest Randy Brown [07:27] - Insights into Randy’s background and career journey [13:17] - Continuous planning vs. annual budgeting [20:36] - The benefits of fractional consulting [23:37] - The Importance of cash flow forecasting [28:01] - Building a 13-Week Cash Flow Forecast [34:53] - Key considerations for cash flow management [42:48] - Rapid fire financial modeling questions [48:28] - Final advice and closing thoughts | |||
| Don’t Let Your Startup Fail – Essential Financial Tips For Entrepreneurs with Renato Villanueva. | 22 Aug 2024 | 00:49:20 | |
In this episode of FP&A Tomorrow, host Paul Barnhurst, aka "The FP&A Guy," dives into the intricacies of financial planning and analysis (FP&A) with Renato Villanueva, CEO of Parallel, a startup FP&A tool for early-stage founders. They discuss what makes great FP&A, the journey from risk management to FP&A, and the challenges of scaling a startup while maintaining financial discipline. Renato Villanueva is an accomplished finance professional and the CEO of Parallel, a company providing innovative financial modeling and forecasting solutions for startups. With a finance degree from Utah Valley University, Renato's experience spans multiple high-profile companies, including Qualtrics, American Express, and Divvy. His deep understanding of FP&A and his entrepreneurial spirit drive the conversation as he shares valuable insights from his career and current ventures. Expect to Learn:
Quotes: Here are a few relevant quotes from the episode
Renato's journey from risk management to becoming the CEO of Parallel offers valuable lessons in persistence, adaptability, and the power of understanding the big picture. Tune in for expert insights as we continue to explore the evolving landscape of FP&A. Follow Renato: LinkedIn - https://www.linkedin.com/in/villanuevar/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy World-class Digital FP&A Course Bundle: Signup for over ten hours of video content with 4 different courses and 8 modules on FP&A topics including: Business Partnering, Data Analysis, Financial Modeling Design Principles, and Modern Excel. Use code Podcast to save 25%. What are you waiting for signup now: https://bit.ly/4decOf3 Enroll for Financial Planning & Analysis Certificate Program: Level up your career and build skills for financial planning and analysis. Sign up for the 8 week online financial planning & analysis certificate program by Wharton Online and learn the art of forecasting, analysis, business partnering and financial storytelling: https://bit.ly/4debs46 Use Code: THEFPAGUY300 to save $300. Earn Your CPE Credit For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions and earn your CPE certification. To earn education credits for FPAC Certificate, take the quiz on earmark and contact Paul Barnhurst for further details. In Today’s Episode [01:32] - Introduction to the topic and guest Renato Villanueva [02:35] - Renato shares his views on what constitutes great FP&A. [03:29] - Discussion of Renato's career journey [05:46] - Renato explains how persistence and networking led to his role at Divvy [14:12] - A look at the key metrics Renato focused on while scaling Divvy [24:05] - The evolution of the budgeting and forecasting process at Divvy [26:19] - Tips on how finance professionals can build strong relationships with other departments [33:10] - Renato shares insights into his current venture, Parallel, and the rewarding experience of building a company from the ground up. [39:24] - Renato answers quick questions about key FP&A skills [48:17] - Final thoughts and how to connect with Renato | |||
| A Bold Prediction for the Future of Accounting in the AI Era By Tom Hood | 21 Aug 2024 | 00:37:04 | |
This week’s show notes are written by Microsoft CoPilot. What does the future of accounting and finance look like? How can you leverage technology, especially generative AI, to take your career to the next level? Join Paul Barnhurst and Glenn Hopper as they explore these questions and more with Tom Hood, a renowned leader and innovator in the accounting profession. Tom Hood is the EVP of Business Engagement and Growth at the Association of International Certified Professional Accountants. He has been a pioneer in integrating technology into finance for over 24 years, and he shares his insights and advice on how you can do the same. In this episode, you will discover:
Don't miss this opportunity to learn from one of the most influential voices in the accounting profession. Listen to this episode and find out how you can harness the power of technology and generative AI to transform your career and the future of finance. Follow Tom: LinkedIn: https://www.linkedin.com/in/tomhood/ Company: https://blionline.org/ Blog: http://blionline.org/blog AICPA & CIMA: http://www.cgma.org/ Join hosts Glenn and Paul as they unravel the complexities of AI in finance: Follow Glenn: LinkedIn: https://www.linkedin.com/in/gbhopperiii Follow Paul: LinkedIn: https://www.linkedin.com/in/thefpandaguy Follow QFlow.AI: Website - https://qflow.ai/future-finance Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai. Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike. In Today’s Episode: [01:38] - Latest AI developments and their impact on the finance industry [11:40] - Introduction to the episode and guest Tom Hood [12:58] - The intersection of technology and accounting [17:03] - Practical benefits and risks of generative AI in finance [21:03] - The future of generative AI in finance [30:28] - Advice for aspiring accountants [32:50] - Fun segment: get to know Tom Hood [36:55] - Conclusion and final thoughts | |||
| Litigation Risk Modeling for Finance Professionals with David Perla | 22 Apr 2025 | 00:45:15 | |
In this episode of Financial Modeler’s Corner, host Paul Barnhurst (aka The FP&A Guy) welcomes David Perla, Vice Chair of Burford Capital and a pioneering voice in the legal finance industry. David discusses how financial modeling plays a central role in evaluating and funding high-stakes litigation, offering a behind-the-scenes look at how his team monetizes legal risk with structured financial strategies. From managing long litigation timelines to leveraging Monte Carlo simulations and AI tools, David shares how Burford builds sophisticated models to guide investment decisions and mitigate risk. David Perla has an extraordinary background at the intersection of law, entrepreneurship, and finance. He’s a former president of Bloomberg Law, co-founder of legal outsourcing pioneer Pangea3 (acquired by Thomson Reuters), and was named a top 50 innovator by The American Lawyer. At Burford Capital, David is helping reshape how the legal world accesses and deploys capital. Expect to Learn:
Here are a few quotes from the episode:
David Perla gave us a fascinating look into the world of legal finance and how modeling plays a critical role in managing complex litigation risk. His knowledge revealed how finance principles, AI tools, and human judgment all intersect in this unique investment space. From non-recourse funding to Monte Carlo simulations, this episode showcased the depth of modeling required in high-stakes legal decision-making. Follow Dave:
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Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. In today’s episode: [01:12] - Welcome to the episode [03:37] - Defining Legal Finance [04:53] - Typical Legal Finance Timeline [07:56] - Structuring Deals with Non-Recourse Funding [11:17] - Modeling Risk with Monte Carlo Simulations [16:32] - High-Stakes Legal Deal Sizes [21:34] - Predictable vs. Rational Behavior in Modeling [26:02] - Data Transparency in Insurance vs. Legal Finance [32:31] - Tools of the Trade: Excel, Python & More [39:44] - Future of Excel, AI, and Model Confidence [41:32] - Strategic Decision-Making and Wrap-Up | |||
| E-Commerce Growth vs. Profit – Drew Fallon's Insights. | 20 Aug 2024 | 00:50:18 | |
In this episode of Financial Modelers Corner, host Paul Barnhurst delves into the intricacies of financial modeling in the e-commerce industry with guest Drew Fallon, a seasoned e-commerce entrepreneur and co-founder of Iris, a cutting-edge FP&A tool for e-commerce businesses. The discussion offers valuable insights into the unique challenges of financial modeling in a rapidly evolving digital landscape, particularly in direct-to-consumer (DTC) businesses. Drew Fallon is an experienced entrepreneur in the e-commerce and CPG sectors. He began his career in equity research, working on high-profile IPOs like Airbnb and Corsair. Drew later co-founded and served as CFO for Mad Rabbit, an e-commerce brand that achieved significant growth under his leadership. Currently, he is the co-founder and CEO of Iris, a financial modeling platform that integrates AI to help e-commerce businesses automate their financial forecasting and analysis. Key takeaways from this week's episode include:
Here are a few quotes from Drew Fallon:
In this insightful episode, Drew Fallon emphasizes the critical importance of precise financial modeling in the e-commerce sector, particularly in managing customer retention, fulfillment costs, and the dynamics of working capital. His experience in scaling e-commerce brands and developing Iris underscores the need for specialized tools and methodologies to navigate the complexities of this industry. Whether you're an entrepreneur, financial modeler, or simply interested in the intersection of finance and technology, this episode offers valuable lessons on how to build sustainable, profitable e-commerce businesses. Follow Drew:
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Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. In today’s episode: [01:10] - Introduction to the episode and guest Drew Fallon. [04:44] - Drew’s background and E-commerce journey [11:52] - Discussion on Drew’s passion for startups and its challenges and rewards [17:04] - Key elements of financial modeling specific to e-commerce [28:16] - Operational metrics and cost assumptions and how they affect overall financial health. [35:06] - The advantages of using Iris in e-commerce financial modeling. [41:53] - Quick insights into Drew's financial modeling preferences [47:08] - Drew’s advice for aspiring financial modelers [49:30] - Final thoughts and how to connect with Drew | |||
| How to Become a Finance Athlete with Zach Rial | 15 Aug 2024 | 00:47:51 | |
Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst. In this episode of FP&A Tomorrow, host Paul Barnhurst dives into the evolving role of FP&A (Financial Planning & Analysis) within organizations. The discussion focuses on the shift towards a more strategic and operations-focused approach to finance, exploring how modern finance professionals can become indispensable business partners. The conversation also touches on the concept of a "finance athlete" and the importance of being versatile and adaptable in today's dynamic business environment. This week’s guest is Zach Rial, the Senior Director of Finance and Strategy at Peak, a travel company based in Salt Lake City, Utah. With a background in finance, holding a bachelor's degree from Utah State and an MBA from the University of Utah, Zach brings a unique perspective to FP&A, blending operational insights with financial strategy. Known for his hands-on approach to finance, Zach shares his journey from operations to senior finance roles, emphasizing the importance of understanding the business from the ground up. Here is a summary of the key points from the discussion:
Quotes: Here are a few relevant quotes from the episode
World-class Digital FP&A Course Bundle: Signup for over ten hours of video content with 4 different courses and 8 modules on FP&A topics including: Business Partnering, Data Analysis, Financial Modeling Design Principles, and Modern Excel. Use code Podcast to save 25%. What are you waiting for signup below: https://bit.ly/4decOf3 Follow Zach: LinkedIn - https://www.linkedin.com/in/zacharyrial/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy Enroll for Financial Planning & Analysis Certificate Program: Level up your career and build skills for financial planning and analysis. Sign up for the 8 week online financial planning & analysis certificate program by Wharton Online and learn the art of forecasting, analysis, business partnering and financial storytelling: https://bit.ly/4debs46 Earn Your CPE Credit For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions and earn your CPE certification. To earn education credits for FPAC Certificate, take the quiz on earmark and contact Paul Barnhurst for further details. In today's episode: [01:36] - Paul Barnhurst introduces the episode and the guest, Zach Rial. [02:27] - Overview of Zach Rial’s background and his approach to FP&A. [04:46] - Discussion about Zach’s unique path from operations to finance. [11:05] - Explanation of the "finance athlete" concept and its significance. [15:29] - Exploration of how modern CFOs are becoming more like CEOs, blending operations with finance. [26:34] - The role of finance in RevOps and how these functions can collaborate effectively. [34:37] - Zach shares his approach to handling difficult discussions in the workplace. [39:26] - Quick insights into essential skills and the future of FP&A. [42:52] - Personal insights into Zach’s hobbies, favorite books, and life philosophies. [46:44] - Final thoughts and closing remarks from Paul Barnhurst. | |||
| The Art of Financial Modeling and Data Management with Adam Rakich | 13 Aug 2024 | 00:54:08 | |
Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally. In this episode, Paul Barnhurst delves into the intricate world of data integration, especially within financial modeling and FP&A. The discussion revolves around the practical challenges and solutions for accessing and automating data flows, a topic crucial for finance professionals who often grapple with multiple data sources and complex modeling tasks. The episode offers insights into the evolving landscape of data management tools and how they can streamline processes for businesses. Adam Rakich, a seasoned expert in the world of FP&A tools and data integration, joins the show. With a diverse background spanning social media marketing software, FP&A consultancy, and leadership roles at companies like Workday and OneStream, Adam now focuses on making data integration more accessible through his work at Data Blend. His deep understanding of the challenges accountants and financial modelers face with data management makes him a valuable resource for listeners looking to optimize their processes. Key takeaways from this week's episode include:
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Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. In today’s episode: [01:30] - Introduction and worst financial model experiences [07:18] - Adam shares his career path from economist to data integration expert [09:38] - Transitioning from spreadsheets to planning tools [16:56] - The challenges of data integration [26:01] - Hybrid approaches to data automation [28:55] - Tools and strategies for freelancers and small businesses [37:46] - Adam talks about his book and the key takeaways for readers. [44:32] - Rapid fire questions on financial modeling tools and techniques. [52:47] - Final thoughts and contact information | |||
| The Critical Role of FP&A in Today's Market with Ryan Sanders | 08 Aug 2024 | 00:52:39 | |
Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst. In this episode of FP&A Tomorrow, host Paul Barnhurst dives into the world of growth equity investing with Ryan Sanders, a seasoned investor from Mercato Partners. The conversation explores the critical role of FP&A (Financial Planning and Analysis) in supporting growth-stage companies, the nuances of growth equity investing, and how entrepreneurs can best position themselves for success. Ryan shares insights from his extensive experience, offering valuable lessons on what it takes to scale companies in today's competitive market. Ryan Sanders is a growth investor at Mercato Partners, a growth equity firm based in Salt Lake City, Utah. With a background in finance and an MBA in entrepreneurship from the University of Texas, Ryan has a deep understanding of what it takes to support and scale innovative companies. His career spans various roles in investment, and he is known for his strategic approach to partnering with entrepreneurs. Ryan also recently completed the Kauffman Fellows program, which has further enriched his expertise in venture capital and growth investing. Expect to Learn:
Quotes: Here are a few relevant quotes from the episode
In this insightful episode, Ryan Sanders shared invaluable lessons on growth equity investing and the critical role of FP&A in supporting successful business scaling. From the importance of curiosity, comparison, and completeness in FP&A to the strategic decision-making processes that drive value in growth-stage companies, Ryan’s expertise offers a roadmap for professionals and entrepreneurs alike. Whether you're an FP&A professional, an entrepreneur, or an investor, Ryan's experiences and advice provide actionable takeaways that can help you navigate the complexities of business growth. World-class Digital FP&A Course Bundle: Signup for over ten hours of video content with 4 different courses and 8 modules on FP&A topics including: Business Partnering, Data Analysis, Financial Modeling Design Principles, and Modern Excel. Use code Podcast to save 25%. What are you waiting for signup now: https://bit.ly/4decOf3 Follow Ryan: LinkedIn - https://www.linkedin.com/in/sandersryan23/ Website - https://www.mercatopartners.com/ Kauffman Fellows Program - https://www.kauffmanfellows.org/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy Enroll for Financial Planning & Analysis Certificate Program: Level up your career and build skills for financial planning and analysis. Sign up for the 8 week online financial planning & analysis certificate program by Wharton Online and learn the art of forecasting, analysis, business partnering and financial storytelling: https://bit.ly/4debs46 Earn Your CPE Credit For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions and earn your CPE certification. To earn education credits for FPAC Certificate, take the quiz on earmark and contact Paul Barnhurst for further details. In Today’s Episode [01:15] - Paul introduces the podcast and guest, Ryan Sanders. [02:26] - Ryan's background and career path [07:03] - The role of FP&A in growth investing [10:26] - The benefits of focusing on customer-driven, organic growth strategies over acquisitions. [14:51] - Insights into the technical and soft skills that FP&A professionals should develop [24:48] - Strategic decision making and financial planning & how FP&A can support this process. [35:20] - Kauffman Fellows Program Experience [41:30] - The Impact of generative AI on finance [51:10] - Conclusion and contact information about Ryan | |||
| Why AI is a Game-Changer for Finance Professionals - Insights from Christian Martinez | 07 Aug 2024 | 00:42:51 | |
In this episode of the Future Finance Show, hosts Paul Barnhurst and Glenn Hopper sit down with Christian Martinez, a finance transformation expert and AI enthusiast, to explore the intersection of finance, artificial intelligence, and data analytics. The discussion covers the growing importance of AI and Python in finance, the benefits of leveraging dashboards for financial storytelling, and how professionals can enhance their skill sets to stay ahead in a rapidly evolving industry. Christian shares his journey, the practical applications of AI in FP&A, and offers insights into how Python, integrated with Excel, is revolutionizing finance functions. Christian Martinez is a Finance Transformation Senior Manager at Kraft Heinz, with extensive experience across Europe, Australia, and South America. Known for his expertise in combining finance, Python, AI, and machine learning, Christian is passionate about teaching others how to harness these tools to improve financial analysis and decision-making. He recently launched a newsletter, "AI for FP&A and Finance," where he shares practical AI applications tailored for finance professionals. In this episode, you will learn:
Follow Christian: LinkedIn:https://www.linkedin.com/in/christianmartinezthefinancialfox/ Website: https://linktr.ee/Thefinancialfox Blog: https://christianmartinezfinancialfox.medium.com/ Join hosts Glenn and Paul as they unravel the complexities of AI in finance: Follow Glenn: LinkedIn: https://www.linkedin.com/in/gbhopperiii Follow Paul: LinkedIn: https://www.linkedin.com/in/thefpandaguy Follow QFlow.AI: Website - https://qflow.ai/future-finance Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai. In Today’s Episode: [01:51] - Introduction and context setting for discussing the impact of AI on finance [08:01] - Introduction to Christian Martinez, highlighting his unique expertise in finance, Python, and AI. [09:12] - Christian’s newsletter and practical AI tools for finance professionals [15:39] - The Power of dashboards in financial analysis [25:05] - A discussion on the value of coding skills in finance [29:38] - Python in Excel: A game changer [37:51] - Getting personal: Christian’s hidden talents [41:52] - Final remarks from Christian and closing thoughts | |||
| Learn Best Practices with Excel and Google Sheets - David Benaim | 06 Aug 2024 | 00:53:20 | |
Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally. In this episode of Financial Modelers Corner, host Paul Barnhurst sits down with David Benaim, an Excel MVP and data consultant based in Cambodia. They delve into a comparative analysis of two of the most popular spreadsheet tools—Excel and Google Sheets. The discussion covers the strengths and weaknesses of each platform, providing listeners with insights into when and how to use these tools effectively in their financial modeling and data analysis work. David Benaim is a chartered accountant and Excel MVP who has made a name for himself as an expert in both Excel and Google Sheets. Originally from the UK, David now runs a data consulting firm in Cambodia, where he specializes in Excel training and data solutions. With a deep passion for spreadsheets, David is uniquely positioned to discuss the nuances of both platforms, making this episode a must-listen for anyone looking to optimize their use of Excel or Google Sheets. Key takeaways from this week's episode include:
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Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. In today’s episode: [01:21] - Introduction to the episode and guest David Benaim. [03:52] - David shares his unique global background and career journey from Deloitte to founding his own firm in Cambodia. [07:00] - Discussion about David’s transition from working at Deloitte to starting his own business in Cambodia and the challenges he faced. [14:38] - In-depth comparison of functions unique to Google Sheets, like “COUNTUNIQUE”, “FLATTEN”, and others not found in Excel. [23:35] - Criteria and scenarios where Google Sheets is the better tool, particularly in collaborative environments and data entry tasks. [30:25] - A look at the newly implemented table features in Google Sheets and how they stack up against Excel’s tables. [38:54] - David shares his decision-making process for choosing between Excel and Google Sheets based on project needs. [43:56] - Quick-fire questions where David shares his preferences on various Excel and Google Sheets functionalities. [49:31] - Tips and resources for users looking to improve their skills in Google Sheets. [50:47] - Final thoughts and how to connect with David Benaim. | |||
| Strategic FP&A Moves That Transform Businesses With Josh Aharonoff | 01 Aug 2024 | 00:53:08 | |
Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst. In this episode of FP&A Tomorrow, host Paul Barnhurst delves into the dynamic world of financial planning and analysis (FP&A). He is joined by Josh Aharonoff, an experienced finance professional who has navigated the complexities of FP&A, accounting, and entrepreneurship. The conversation offers insights into the current state of FP&A and its evolving future, with practical advice for both aspiring and seasoned finance professionals. Josh Aharonoff is a seasoned finance expert with a background in accounting and a wealth of experience in both big four accounting and startups. After obtaining his CPA and working in global banking services, Josh ventured into entrepreneurship, co-founding a startup and later establishing his own firm, Mighty Digits, specializing in outsourced finance and accounting services. Josh is also a prominent figure on LinkedIn, with nearly 400,000 followers, and runs a popular daily newsletter and YouTube channel. Here is a summary of the key points from the discussion:
Quotes: Here are a few relevant quotes from the episode
World-class Digital FP&A Course Bundle: Signup for over ten hours of video content with 4 different courses and 8 modules on FP&A topics including: Business Partnering, Data Analysis, Financial Modeling Design Principles, and Modern Excel. Use code Podcast to save 25%. What are you waiting for signup below: Follow Josh: LinkedIn - https://www.linkedin.com/in/joshaharonoff/ Website - https://www.mightydigits.com/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy Enroll for Financial Planning & Analysis Certificate Program: Level up your career and build skills for financial planning and analysis. Sign up for the 8 week online financial planning & analysis certificate program by Wharton Online and learn the art of forecasting, analysis, business partnering and financial storytelling: Earn Your CPE Credit For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions and earn your CPE certification. To earn education credits for FPAC Certificate, take the quiz on earmark and contact Paul Barnhurst for further details. In today's episode: [01:38] Introduction to the show and welcoming the guest [02:14] Josh shares his perspective on what constitutes great financial planning and analysis. [02:44] Josh discusses his career journey, from big four accounting to starting his own firm. [05:31] Josh explains why he enjoys working with startups and the unique challenges they present. [06:54] Josh shares memorable experiences with clients, particularly with the company Chili Piper. [09:25] Josh reflects on why big four accounting wasn’t the right fit for him and what he learned from the experience. [15:51] Discussion on the biggest challenges of working with startups, including fundraising and constant evolution. [21:48] Josh offers advice for those looking to start their own advisory services. [26:05] Josh talks about his favorite aspects of working in FP&A. [34:55] Josh shares his journey of growing a significant following on LinkedIn and being recognized as a top voice. [40:12] Josh discusses his recent recognition by Microsoft and what it means to him. [41:25] Quick insights into Josh’s technical and soft skills, favorite tools, and personal preferences. [50:53] Information on how listeners can reach out to Josh and learn more about his offerings. | |||
| Managing Complex Models with Structure with Christopher Reilly | 30 Jul 2024 | 00:52:20 | |
Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally. In this episode of the Financial Modelers Corner, host Paul Barnhurst delves into the intricate world of financial modeling with returning guest Christopher Reilly. The conversation centers around what is necessary to build robust financial models, highlighting the importance of three-statement models and cash flow forecasting. The episode is filled with practical insights, advanced techniques, and professional experiences that underscore the significance of simplicity, accuracy, and best practices in financial modeling. Christopher Reilly is a seasoned financial modeler with extensive experience in consulting, private equity, and financial modeling education. Starting his career during the financial crisis, Christopher worked on high-profile bankruptcies such as Lehman Brothers and Rescap. His journey took him from a senior analyst role at Hilton Worldwide to middle-market private equity, and eventually to founding his own financial modeling education business. Today, he focuses on teaching and building financial models, with his work being featured by Wharton Online, Wall Street Prep, and LinkedIn Learning among others. Key takeaways from this week's episode include:
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Follow Financial Modeler's Corner Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984 Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. In today’s episode: [01:11] - Paul introduces the episode and welcomes back Christopher Reilly. [02:31] - Christopher shares a story about a complex healthcare deal model that required significant simplification. [03:55] - Discussion on the importance of keeping models simple and useful. [05:01] - Christopher talks about his career journey and experiences over the past year. [08:31] - Christopher explains why he is passionate about teaching financial modeling. [11:43] - Why every finance professional should understand how to build a three-statement model. [14:20] - Steps to take when beginning to build a three-statement model. [22:17] - Tips on structuring models vertically and building essential checks to ensure accuracy. [28:07] - How to effectively use support schedules and detailed assumptions in modeling. [32:36] - Essential tips for error checking, building support schedules, and maintaining model integrity. [39:10] - Key Excel formulas and functions necessary for building financial models. [46:58] - Discussion on the potential impact of AI on financial modeling and its future integration. [49:53] - Final thoughts and details on Christopher Reilly’s courses and where to find them. | |||
| The Secret to Transforming FP&A into Business Strategy with Ron Monteiro | 25 Jul 2024 | 00:48:43 | |
Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst. In this episode of FP&A Tomorrow, host Paul Barnhurst explores the evolving landscape of Financial Planning and Analysis (FP&A) with expert insights from Ron Monteiro. The discussion centers on the crucial role of FP&A in shaping business strategies, driving financial performance, and fostering cross-functional collaboration within organizations. Ron Monteiro is a seasoned FP&A professional with extensive experience in the consumer goods industry. Having worked with major brands like Kraft Foods, Campbell Soup, and Kruger Products, Ron brings a wealth of knowledge in financial analysis, business partnership, and strategic decision-making. He now runs his own training business, helping finance teams worldwide enhance their skills and impact. Here is a summary of the key points from the discussion:
Follow Ron: LinkedIn - https://www.linkedin.com/in/ronmonteiro18/ Website - https://www.kictinc.com/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy World-class Digital FP&A Course Bundle: Signup for over ten hours of video content with 4 different courses and 8 modules on FP&A topics including: Business Partnering, Data Analysis, Financial Modeling Design Principles, and Modern Excel. Use code Podcast to save 25%. What are you waiting for signup below: The FP&A Guy (thefpandaguy.com) Wharton FP&A Certificate Program FP&A Tomorrow Listeners are eligible to receive $300 off tuition for the FP&A Certificate Program from Wharton Online and Wall Street Prep. Learn More (use discount code THEFPAGUY300) The FP&A Certificate Program is a self-paced rigorous online program for professionals pursuing careers in corporate finance. PROGRAM AT A GLANCE
Enrollment is currently open for the September 2024 cohort. Please note that the program is limited and filled on a first-come, first-served basis. In today's episode: [01:36] - Paul Barnhurst introduces the podcast and welcomes Ron Monteiro to the show. [02:17] -Ron shares some light-hearted and embarrassing stories about Paul. [03:43] - Discussion on what makes FP&A great and its role in business involvement. [04:35] -Ron talks about the importance of trust and getting involved with other business functions. [05:26] - Ron shares his career journey from the University of Toronto to his current role in training. [09:11] - Ron reflects on his time in the consumer goods industry and memorable product launches. [11:38] - The critical operational metrics in consumer goods and their significance. [14:40] - Challenges and advice for moving from accounting to an FP&A role. [27:28] - Ron's journey from being terrified of presenting to becoming a confident presenter, with tips for others. [33:23] - Why FP&A departments should invest in training and continuous learning. [38:03] - Insight into Ron’s upcoming book and its focus on finding joy and passion in your career. [41:01] - Quick answers on technical and soft skills, forecasting methods, and more. [46:20] - Final tips on being better business partners and embracing a growth mindset. [47:08] - Information on how listeners can reach out to Ron Monteiro. | |||
| Unlock Financial Success with AI With Jon Brewton | 24 Jul 2024 | 00:49:48 | |
Future Finance: Unlocking the Power of AI for Finance Professionals With Jon Brewton TLDR: Jon Brewton, the founder and CEO of Data2, talks about how his company uses AI and machine learning to help clients in make better decisions and avoid errors. Each week we ask AI to generate our show notes and optimize them to get you interested in the story. This week we used Microsoft CoPilot to write the shownotes. This episode of Future Finance features Jon Brewton, the founder and CEO of Data2, a company that provides AI and machine learning solutions for finance and other industries. He discusses how his company helps clients use AI to analyze data and make better decisions, as well as the challenges and risks of using AI in high-stakes contexts. Jon Brewton is an expert in AI and machine learning, with a rich background in operations management, digital transformation, and engineering. He has worked at major energy companies like BP and Chevron, and he is a US Air Force veteran and a graduate of some of the top universities in the world. He shares his insights and best practices on how to leverage AI and machine learning to enhance financial performance and outcomes, and how to avoid common pitfalls and errors that can arise from AI applications. In this episode, you will learn: · What Data2 does and what its goals and principles are in AI and machine learning. · Why traceability and explainability are crucial for AI applications in high-stakes industries like finance. · How Knowledge Graph technology can enhance financial data analysis and provide more context and meaning. · What AI hallucinations are and how they can affect financial decision-making. · How to integrate advanced analytics and AI into your finance workflows and processes. This episode is a must-listen for anyone who wants to learn how AI and machine learning can help them make smarter decisions. Listen to the episode now and discover how you can use these technologies to your advantage. Follow Jon: LinkedIn: https://www.linkedin.com/in/jon-brewton-datasquared/ Website: https://www.data2.ai/ Follow Glenn: LinkedIn: https://www.linkedin.com/in/gbhopperiii Follow Paul: LinkedIn: https://www.linkedin.com/in/thefpandaguy Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai. Follow QFlow.AI: Website - https://qflow.ai/future-finance [01:50] Introduction to the episode [02:29] Opening remarks by Paul Barnhurst. [04:54] Why your job is safe for now [13:50] Introducing Jon Brewton and his extensive background. [14:51] Welcoming Jon Brewton to the show [15:31] Jon shares the story and mission of Data 2. [18:47] Discussing the critical features for financial institutions. [25:11] Exploring advanced applications and their benefits including generative AI and knowledge graphs. [34:24] Addressing AI hallucinations and how Data Squared tackles this issue to ensure reliable outcomes. [41:41] Advice for finance departments on adopting AI technologies. [46:28] Jon shares his most rewarding job and a cause he's passionate about. [48:54] Final thoughts and closing remarks. | |||
| The Real Revenue Risk from 104% Tariffs for CFOs with Karan Sood | 17 Apr 2025 | 00:44:09 | |
In this special episode of FP&A Tomorrow, host Paul Barnhurst (aka The FP&A Guy) welcomes Karan Sood, a global pricing expert with over a decade of experience in revenue management and pricing strategies. Karan shares his knowledge on the impact of tariffs on global trade and pricing models. He talks about the complexities of tariffs, offering advice on how businesses can effectively manage the financial implications and adapt their pricing strategies during these uncertain times. Karan discusses the importance of collaboration across departments and creating flexible models that can quickly adjust to changing market conditions. Karan Sood is a global pricing expert and the Director of Sales Operations with a wealth of experience overseeing revenue management for over $6 billion across a wide range of industries. He is passionate about using pricing as a powerful tool to drive profitability and improve business performance. Karan has worked across industries including automotive, digital marketing, consumer goods, and more, developing pricing strategies that create real business value. Expect to Learn:
Here are a few quotes from the episode:
Karan Sood shared meaningful strategies for managing the complexities of tariffs in today’s global trade environment. His advice to stay calm, work collaboratively, and prioritize flexibility in pricing models is invaluable for finance professionals looking to navigate the challenges posed by tariffs. By emphasizing the importance of cross-departmental communication and transparency with customers, Karan offers actionable steps that can help businesses succeed in a volatile market. FP&A Community Hub: Tired of searching for answers and sifting through sales pitches? The FP&A Hub is your go-to online community where finance professionals connect, learn, and grow without the distractions of sales pitches or generic LinkedIn content. Engage in real conversations, attend exclusive events, and gain insights from over 100 FP&A experts. Be a part of the future of FP&A networking. Join for free at https://bit.ly/3DQWLrJ Follow FP&A Tomorrow: Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 Follow Karan: LinkedIn - https://www.linkedin.com/in/soodkaran/?originalSubdomain=ca Website - https://substack.com/@karansood Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy FP&A Certificates: FP&A Certificates is where finance professionals go to level up, stand out, and grow their careers. Built by FP&A experts for the FP&A community, this platform features the top certificate programs from Wharton Online, FPAC, CFI, FMI, and more. It’s the smartest way to compare your options, find the right fit, and get exclusive discounts. Show your commitment to FP&A and take your skills to the next level. Explore now at https://www.thefpandaguy.com/fpa-certifications Earn Your CPE Credit For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions and earn your CPE certification. To earn education credits for FPAC Certificate, take the quiz on earmark and contact Paul Barnhurst for further details. In Today’s Episode [02:08] - Introduction of Episode [03:12] - Karan’s Journey into Pricing [06:53] - The Global Impact of Tariffs [12:13] - Why One-Size-Fits-All Doesn’t Work [16:24] - Managing the Impact of Tariffs [20:06] - Building Flexible Pricing Models [27:03]- Smart Pricing Strategies [33:15] - Transparency with Consumers [34:34] - Cross-Department Collaboration [40:02] - Book recommended by Karan | |||
| Power Query Magic to Become a Financial Modeling Master with Ken Puls. | 23 Jul 2024 | 00:49:58 | |
Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally. In this episode, Paul Barnhurst sits down with Ken Puls, a renowned expert in financial modeling and Excel. The discussion delves into the intricacies of financial modeling, the evolution of tools like Power Query and PowerPivot, and how they are revolutionizing data management and reporting. Ken shares insights from his extensive experience and offers practical advice for both novice and seasoned financial modelers. Ken Puls is a Chartered Professional Accountant (CPA) and a Microsoft Excel MVP. He is the founder of Excel Guru, a platform dedicated to Excel-based solutions, and the co-founder of Skill Wave Training, which offers comprehensive courses on Power Query, PowerPivot, and Power BI. With a career that bridges both finance and IT, Ken has become a leading voice in the world of financial modeling and data analysis. Key takeaways from this week's episode include:
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In today’s episode: [01:15] - Introduction to the show [01:55] - Welcome to the guest [02:15] - Horror Stories in Financial Modeling: Ken and Paul share their worst financial modeling experiences. [04:50] - Lessons Learned: Key takeaways from those early modeling experiences. [06:02] - Ken’s Background: Detailed overview of Ken’s career and expertise. [08:24] - Current Projects: Ken discusses his current ventures, including Excel Guru and Skill Wave Training. [12:14] - Technology in Accounting: How being tech-savvy has benefited Ken in his accounting career. [16:04] - Discovery of Power Query: Ken shares how he first learned about Power Query and its impact on his work. [26:04] - Getting Started with Power Query: Recommendations for beginners on how to learn and use Power Query. [29:00] - Building Financial Statements with PowerPivot: Overview of Ken’s course and its benefits. [37:46] - Rapid Fire Questions: Ken answers quick questions about financial modeling preferences. [46:47] - AI and Financial Modeling: Discussion on the role of AI in the future of financial modeling. [48:59] - Conclusion: Final thoughts and where to find more information about Ken’s work. | |||
| Modernizing FP&A in 2024 With Ken Lane | 18 Jul 2024 | 00:36:28 | |
Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst. In today’s episode, Paul Barnhurst is joined by Ken Lane, to discuss what makes great FP&A, the challenges and opportunities in mid-market companies, and the impact of technology and AI on finance. Ken, a seasoned financial controller and FP&A professioal from Ontario, provides valuable guidance about the importance of collaboration, the role of AI and technology, and why he feels mid-market companies allow you to make a bigger difference in the work you are doing. Here is a summary of the key points from the discussion:
Quotes: Here are a few relevant quotes from the episode
Follow Ken: LinkedIn - https://www.linkedin.com/in/kennethlane/ Website - https://smoothaccounting.ca/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy World-class Digital FP&A Course Bundle: Signup for over ten hours of video content with 4 different courses and 8 modules on FP&A topics including: Business Partnering, Data Analysis, Financial Modeling Design Principles, and Modern Excel. Use code Podcast to save 25% . What are you waiting for signup below:
The FP&A Guy (thefpandaguy.com) In today's episode: [00:00] - Introduction [00:47] - Guest Introduction [02:01] - Anticipating Changes in FP&A [02:40] - The Challenge of Legacy Systems [03:35] - Guest’s Career Journey [06:51] - Impactful Mid-Market Examples [08:52] - Attraction to Manufacturing [09:57] - Key Metrics in Manufacturing [12:12] - Transition to FP&A [15:50] - Managing Technology on a Limited Budget [17:47] - Choosing the Right ERP Partner [20:19] - Real-Time Decision Making with AI [23:02] - Investing in Tech to Retain Talent [24:55] - Rapid Fire Session [25:57] - Role-Level Headcount Planning [27:10] - Importance of Clean Data [29:20] - Get to Know the guest [32:20] - Advice for Better Business Partnering [32:55] - Conclusion and Contact Information Full Show Transcript: Host: Paul Barnhurst:: Hello, everyone. Welcome to FP&A Tomorrow, where we delve into the world of financial planning and analysis, examining its current state and future prospects. I'm your host, Paul Barnhurst, guiding you through the evolving landscape of FP&A. Each week, we're joined by thought leaders, industry experts, and practitioners who share their insights and experiences helping us navigate today's complexities and tomorrow's uncertainties. Whether you're a seasoned professional or just starting your FP&A journey, this show has something for everyone. This week, I am thrilled to welcome to the show Ken Lane. Ken, welcome to the show.
Guest: Ken Lane:: Oh, thank you for having me, Paul.
Host: Paul Barnhurst:: Yes, excited to have you. So just a little bit of background about Ken and I'll allow him to introduce himself further in a few minutes. But he comes to us from Ontario, Canada. He is a financial controller. He spent most of his career either working as a controller or manager, finance, or accounting, and he spent most of it in the mid-market, in several different industries. So, Ken, we like to start the show with this question for all our guests? From your viewpoint, what does grade FP&A look like?
Guest: Ken Lane:: For me, the great FP&A is a collaboration with all the entities within your business. Because the goal of FP&A is to drive business change. So you need to understand the bottlenecks in each area. If those people feel heard, they'll buy into what you're delivering.
Host: Paul Barnhurst:: I would agree with that. So it's around collaboration and making sure the business feels heard.
Guest: Ken Lane:: Correct.
Host: Paul Barnhurst:: What are your thoughts? What do you expect it to look like in the next 3 to 5 years? Do you think what grade FP&A is going to change with everything that's going on with technology and other things?
Guest: Ken Lane:: I do, I think it will. I think in large companies it's going to change faster than in smaller mid-market companies. The reason is I think a lot of mid-market companies still have a lot of legacy systems or multiple legacy systems within a business, and they're going to need to upgrade and change those to get the full value of the future of FP&A.
Host: Paul Barnhurst:: We're not speaking from experience, having worked with a lot of mid-markets by chance, are we?
Guest: Ken Lane:: Not at all.
Host: Paul Barnhurst:: I'm sure you could tell me some data horror stories. That's probably what I should start off with. Tell me your worst data horror story. I keep that in mind for future episodes. Tell me a little bit about yourself and your background.
Guest: Ken Lane:: Yes. So I'm here in southern Ontario. Been in accounting now for 20-plus years. To be honest, went through school, came out with a computer science degree, and then fell into accounting and then worked my way up, worked with some great mentors, then went back and took some university courses for management, accounting, financial accounting, all those key things. But it never worked my way through to get licensed as a CPA. Then I've transitioned from working across a whole variety of industries, some of those interesting enough to progress and take a step up. Then even in some of those took a step back because a job or role had skills that maybe I didn't have yet. So went back in pay, went back maybe in leadership to eventually elevate myself later.
Host: Paul Barnhurst:: Got it. What led to accounting if you started with computer science? Maybe dig into that a little. I'm curious how the switch happened.
Guest: Ken Lane:: Sure. I got my first job with a finance organization, a financial banking organization, and they were looking for someone who both understood the business and understood IT. I fit that role. Growing up, my parents had multiple small businesses, and my mom always did the accounting, so I was always around it. So it wasn't brand new to me. I'd been around it. It comes naturally to me to a certain extent. So I'd seen it growing up using original ledger books writing it in pencil and putting everything in the ledger books and sawing all that, seeing all that. Then when I went to this finance institution, I did both for a while and then they opted, they felt that I gave them more value on the accounting side and then kept pushing me to progress and progress and progress. I just realized that I did enjoy it. Then started taking additional courses and doing everything to get certifications to... | |||
| Quantrix vs. Excel - Financial Modeling with Lyndsey Weber | 16 Jul 2024 | 00:54:04 | |
Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally. Lyndsey Weber, a seasoned expert in financial and supply chain modeling join us this week for a lively conversatio on both financial and supply chain modeling. She recounts her experience with some of the worst models she has encountered, the lessons learned, and the importance of organization and design in creating effective models. Lyndsey shares her journey from ExxonMobil to Quantrix, offering a deep dive into the art and science of financial modeling. Key takeaways from this week's episode include: Having a well-defined structure and approach is crucial for creating and maintaining effective financial models. Poorly organized models can lead to significant challenges and inefficiencies.
A horror story about inheriting a model filled with bad practices, including hidden reference cells and broken VBA code. The experience teaches her the value of starting over and building a model from scratch with best practices. The importance of understanding stakeholder needs, both emotional and practical, and designing models that cater to these needs. This approach helps in building models that are not only functional but also user-friendly. The benefits of using Quantrix over traditional Excel, highlighting features like always-on pivoting, natural language formulas, and role-based access, which enhance efficiency and collaboration. One of Lyndsey's key pieces of advice is to prototype models on paper before building them. Mapping out inputs, outputs, and key calculations in plain English helps in creating a clear and effective model structure. Quotes: Here are a few relevant quotes from the episode on financial analysis and modeling: "This model that I inherited had, I feel every bad practice in the book, I vividly recall a couple of formulas where they just pointed to what I would call a cell island.”-Lyndsey Weber “Having a defined structure and approach that can be repeated, I think is essential.”-Lyndsey Weber In this episode, Lyndsey provides valuable insights into the complexities of financial and supply chain modeling. She sheds light on the best practices and tools that can make a significant difference in model-building. This episode will help you enhance your modeling skills and create more effective and user-friendly models. Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use code “Podcast” to save 15% when you register. Follow Lyndsey: LinkedIn - https://www.linkedin.com/in/lyndsey-weber/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy YouTube - https://www.youtube.com/@thefpaguy8376 Follow Financial Modeler's Corner LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984 In today’s episode: [00:55] - Introduction; [03:57] - Worst spreadsheet model horror story [04:43] - Key takeaway: Importance of organization in modeling [06:57] - Guest Backgrounds [12:10] - Evolution of modeling roles at ExxonMobil [14:20] - Differences between supply chain and financial modeling [20:30] - Overview of Quantrix as a modeling tool [22:00] - Advantages of Quantrix over Excel [28:40] - Areas for improvement in Quantrix [35:27] - Considerations for scalability and collaboration in modeling [38:50] - Excel Discusssion [44:58] - Rapid Fire Section [52:23] - Importance of prototyping models [53:00] - Get to know our guests personally and Conclusion | |||
| The Importance of Predicting and Influencing in FP&A with Carl Seidman | 12 Jul 2024 | 00:56:44 | |
Welcome to a special episode of Financial Modeler’s Corner! Today, we're thrilled to bring you an exciting Podswap from FP&A Tomorrow. Stay tuned for an engaging conversation with Carl Seidman that you won't want to miss. Here are the show notes from our previous episode. Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst. In today’s episode, Paul engages in a conversation with Carl Seidman to discuss why mastering presentation skills, and understanding the needs of the audience is crucial for excelling in your FP&A career. Carl is a premier FP&A and Fractional CFO expert, providing financial advisory and leadership development services to top companies including Deloitte, Verizon, and Walmart. Carl is known for his impactful training programs and advisory work that drive success in financial planning and analysis. Key takeaways from this week's episode include: : Here is a concise summary of the key points from the discussion: In FP&A, the ability to distill complex information into a concise, impactful message is paramount. It's not about how much you know, but what you can communicate effectively. The ability to distill complex information into a concise, impactful message is paramount. It's not about how much you know, but what you can communicate effectively. FP&A isn't just about numbers, it's about storytelling with data, painting a vivid picture of the financial landscape that guides strategic decisions and drives organizational success Anticipating potential disruptions or changes in the business environment is a fundamental aspect of FP&A. By identifying risks and developing strategies to mitigate them, FP&A professionals can help the organization stay ahead and adapt effectively. Quotes: Here are a few relevant quotes from the episode about FP&A mastery: "You're not going to go to a nice restaurant and pay a lot of money for a delicious dish, and then have it be delivered in a greasy brown paper bag. Right. So the deliverable matters a whole lot. It can actually significantly dismiss the credibility or value of everything that came up before at that point in time."-Carl Seidman "I think that Great FP&A looks like a team of people who are equipped, from a technical standpoint, to be able to execute the kinds of requests that are being asked of them."-Carl Seidman “The demands in business, the increasingly fast-moving environment, competition, the risks of getting some of this planning wrong are pushing the need of FP&A to be a whole lot more proactive, a lot more agile, a lot more well rounded and thinking instead of just being about financial planning and reporting."-Carl Seidman Follow Carl: LinkedIn - https://www.linkedin.com/in/carlseidman Website - https://seidmanfinancial.co For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions. For AFP FPAC certification answer the questions and contact Paul Barnhurst for further details. In today’s episode: [01:25] Carl introduction; [02:42] Changing FP&A trend over the next five years: [10:00] Carl’s background: [12:05] Carl’s passion for presenting and communication [15:44] Favorite voice Carl can impersonate? [20:42] Becoming better speakers and why presentation matters [33:44] How you can be better at influencing [40:44] Most important skills for FP&A professionals [45:00] Carl’s LinkedIn learning course [47:15] Rapid Fire [51:35] Carl’s book recommendation [55:51] Parting words | |||
| The Power of Partnerships in Finance With Andrew Jepson | 11 Jul 2024 | 00:54:07 | |
Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst. In today’s episode, Paul engages with Andrew Jepson, to discuss the world of Financial Planning and Analysis. Andrew, founder of the FBPteam, has over 20 years of experience in financial planning and analysis, starting his career as an auditor and evolving into a sought-after business partner and trainer. As a passionate advocate for professional development, Andrew has authored a book on business partnering, facilitated numerous training programs worldwide, and is dedicated to elevating the capabilities of finance professionals. Here is a concise summary of the key points from the discussion:
Quotes: Here are a few relevant quotes from the episode
In this episode, Andrew shares his journey from auditor to business partner and offers valuable insights into the evolving landscape of FP&A. Remember to prioritize your mental health and continuously seek ways to improve your processes and time management. Link to courses: FP&A Business Partnering (thinkific.com) Modern Microsoft Excel (thinkific.com) Follow Andrew: LinkedIn - https://www.linkedin.com/in/financebusinesspartnering/ Website - https://www.thefbpteam.com/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy In today's episode: [01:01] - Introduction [01:43] - Guest Introduction [02:35] - Defining Great FP&A [03:34] - Anticipation in FP&A [05:21] - Andrew’s Career Journey [08:10] - Importance of Business Partnering [11:45] - Key Skills for FP&A Professionals [15:45] - Transitioning from Being Right to Being Effective [28:10] - Common Themes in FP&A Struggles [43:17] - Rapid Fire Session [50:01] - Get to know the Guest [53:15] - Conclusion | |||
| The Role of AI in Modern Finance With Jim O'Neill | 10 Jul 2024 | 00:37:18 | |
TLDR: Jim O'Neill, co-founder of SaaSWorks, discusses the critical role of AI in modern finance, emphasizing the importance of clean data, the convergence of AI with other technologies, and the need for businesses to adapt to an AI-driven landscape. These show notes were written by Claude.AI Sonnet LLM Model. Dive into the Future of Finance with AI Pioneer Jim O'Neill Are you ready to revolutionize your business with AI? Join us as we explore the cutting edge of financial technology with Jim O'Neill, co-founder of SaaSWorks and former HubSpot executive. In this eye-opening episode, Jim unveils the secrets to harnessing AI's power in finance and beyond. Key Insights:
Don't miss Jim's invaluable wisdom on preparing your business for the AI revolution. Learn how to stay ahead in a rapidly evolving technological landscape and transform your financial operations. Follow Jim: LinkedIn: https://www.linkedin.com/in/jim-oneill/ Website: https://www.saasworks.com/ Join hosts Glenn and Paul as they unravel the complexities of AI in finance. Follow them on LinkedIn: Glenn: https://www.linkedin.com/in/gbhopperiii Paul: https://www.linkedin.com/in/thefpandaguy Sponsored by QFlow.ai – Revolutionizing B2B revenue planning and analysis. Learn more at Qflow.ai/future-finance. In honor of having the show notes written by AI we have added the below sonnet as Claude.AI, Sonnet model wrote the notes. Sonnet: In finance's realm, where numbers reign supreme, A new force rises, born of silicon, Artificial minds, a waking dream, O'Neill speaks of change that's just begun. Clean data's key, the lifeblood of AI, As quantum leaps with nano-innovations dance, In gene-spliced futures, new worlds we'll spy, While ethics guard our technological advance. Businesses must adapt or fade away, Embracing risk and AI's transformative might, O'Neill's wisdom lights the coming day, Where human and machine in harmony unite. So heed this call, let Future Finance guide, To prosperous tides on which we'll proudly ride. In today's episode: [00:52] - Episode Overview and Sponsorship [01:38] - Monologue [07:31] - Your Job is Safe [08:56] - Importance of clean data for effective AI implementation [09:58] - Guest Introduction [15:30] - Founding SaaSWorks and its mission [18:11] - Common issues with spreadsheets and data management [21:09] - Discussion on generative AI in business operations [25:55] - Using AI for innovative and unexpected solutions [29:11] - Recommendations for companies adopting AI [32:07] - Discussion on AI adoption and Excel parallels [32:37] - Random AI-Generated get to know you questions [36:08] - Conclusion | |||
| The Future of Financial Modeling With George Mount | 09 Jul 2024 | 00:37:39 | |
Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally. George Mount, Excel MVP and data analytics expert, with an extensive background in finance and data science, shares his insights into the evolution of Excel, the integration of Python, and the importance of data analytics for financial modelers. Key takeaways from this week's episode include:
Quotes: Here are a few relevant quotes from the episode on financial analysis and modeling: "Excel’ greatest strength and weakness is its flexibility.”-George Mount “Excel is not the Excel of ten, 15 years ago. I often like to kind of think of it as modern Excel with Power "Query, Power Pivot, now Python, Dynamic Arrays, LAMBDA, LET, and other things.”-George Mount “The first rule of knowing Microsoft Excel is not to tell anyone that you're good at it.”-George Mount In this enlightening episode, George Mount provides valuable insights into the evolving world of Excel and data analytics. By integrating new tools like Python and embracing the advanced features of modern Excel, financial modelers can significantly enhance their analytical capabilities. Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use code “Podcast” to save 15% when you register. Follow George:
Follow Paul:
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In today’s episode: [01:06] - Introduction; [02:14] - Worst spreadsheet model horror story [04:49] - Importance of achievable modeling in Excel [05:16] - Guest Backgrounds [08:57] - Combining data science and data analytics in Excel [11:01] - Necessity of learning Python and R [17:19] - Recommended resources for learning Python [20:27] - Exciting new features in Excel [22:25] - AI's role in Excel and financial modeling [25:55] - Favorite function in Excel [29:00] - Rapid fire; [37:08] - Get to know the guest and Conclusion | |||
| Becoming a CFO through FP&A With Bonnie Tomei | 04 Jul 2024 | 00:41:21 | |
Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst. In today’s episode, Paul engages with Bonnie Tomei, in the discussion on what makes great FP&A, the future of AI in finance, and key strategies for aspiring CFOs. Bonnie, the CFO of Salience Labs and Chief Strategy Officer for K2X, has a wealth of experience in finance, strategic planning, and M&A activities, including being the former CFO of Spectra7, where she was voted Woman CFO of the Year for smaller public companies by FBI Silicon Valley. Here is a concise summary of the key points from the discussion: FP&A professionals should act as strategic partners to executives, helping them achieve financial roadmaps and objectives. Understanding both internal and external factors is crucial for effective financial planning and analysis. AI and software are transforming FP&A roles, pushing analysts to mature faster and providing deeper insights. Despite the rise of AI, the need for human intelligence to interpret data and make strategic decisions remains critical. FP&A is a strong pathway to becoming a CFO, but professionals need to understand the technical accounting side and have business acumen. Building strong relationships with the executive team and demonstrating strategic thinking are essential for aspiring CFOs. FP&A teams play a vital role in M&A activities, particularly in modeling and due diligence. Professionals should volunteer for tasks and demonstrate business intelligence to stay relevant during acquisitions. Technical skills like Excel are fundamental, but equally important are soft skills such as emotional intelligence (EQ) and effective communication. Understanding and defining key performance indicators (KPIs) is crucial for measuring success and aligning with strategic goals. Quotes: Here are a few relevant quotes from the episode "Every time they come up with something new I've always fallen back to the good old days of that quick shortcut the ctrl+C, ctrl+V anyway.”-Bonnie Tomei “Getting involved and understanding how you can help in looking at all of that and being a trusted advisor from a financial standpoint would help tremendously.”-Bonnie Tomei In this episode, Bonnie Tomei provides a comprehensive look at the evolving landscape of FP&A, emphasizing the importance of strategic partnership, the impact of AI, and the essential skills needed to excel in the field. Bonnie's insights offer valuable guidance on navigating the complexities of financial planning and analysis. Stay curious, be proactive, and focus on building strong professional relationships to thrive in your FP&A career. Link to courses: FP&A Business Partnering (thinkific.com) Modern Microsoft Excel (thinkific.com) Follow Bonnie: LinkedIn - https://www.linkedin.com/in/bonnie-tomei-a288b91/ Website - https://saliencelabs.ai/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions. For AFP FPAC certification answer the questions and contact Paul Barnhurst for further details. In today's episode: [01:01] - Introduction [01:43] - Guest Introduction [03:35] - Defining Great FP&A [05:21] - Future Changes in FP&A [07:00] - Career Progression to CFO [11:07] - Advice for FP&A During M&A Activities [13:19] - Transition to CFO [16:27] - FP&A as a Pathway to CFO [27:35] - Skills for Aspiring CFOs [30:55] - Being More Strategic in FP&A [34:02] - Rapid Fire Session [37:34] - Contact Information of the Guest [39:10] - Final Advice and Conclusion | |||
| Innovative Approaches to Financial Modeling And Risk Management With Raphael Benhamou | 02 Jul 2024 | 00:50:16 | |
Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally. Raphael Benhamou, an independent consultant and fractional CFO explores the art and science of financial modeling. Raphael shares his experiences, insights, and a few horror stories from his extensive career, highlighting the importance of operational understanding and the advantages of using modern tools like Causal for financial modeling. Sample Causal Financial models if you want to review how Causal works:
Key takeaways from this week's episode include:
Quotes: Here are a few relevant quotes from the episode on financial analysis and modeling: "My perspective on this is what I was saying earlier about operating connecting to finance. I think to be a good financial modeler, you need to have a good understanding of what what's going on in the business as well, not just at the finance level.”- Raphael Benhamou “It gave me a great grounding in best practices for modeling across all modeling platforms, especially Excel. Because one of my big nitpicks with Excel and Google Sheets is that it's too freeform.”- Raphael Benhamou This episode provides valuable insights into the evolving landscape of financial modeling. The discussion sheds light on the benefits of modern financial modeling tools like Causal, the necessity of regular audits, and the critical role of understanding business operations. Whether you're a seasoned financial modeler or just starting, this episode offers practical advice and thought-provoking perspectives on how to enhance your financial modeling practices. Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use code “Podcast” to save 15% when you register. Follow Raphael:
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In today’s episode: [00:03] - Introduction [01:01] - Guest Introduction [03:47] - Key Takeaways from the Horror Story [04:55] - Guests’ Background [07:13] - Introduction to Causal [08:03] - Transition to Finance [12:29] - Love for Modeling [14:00] - Early Career and Tools [17:46] - Flexibility vs. Structure [23:50] - Types of Models Built in Causal [39:43] - Rapid-Fire Session [48:12] - Get to know the guest [49:46] - Conclusion | |||
| Strategies for Integrating Data and Driving Decisions With Michael Dion | 27 Jun 2024 | 00:47:23 | |
Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst. In today’s episode, Paul engages in an insightful roundtable discussion with Michael Dion on how FP&A goes beyond numbers and reports, focusing on collaboration and leveraging cutting-edge technology like generative AI to drive business success. Michael, a seasoned finance professional and senior manager at a Fortune 100 company, is passionate about storytelling and presentations, transforming traditional financial reviews into engaging, story-based approaches. As a finance leader with extensive experience in media and entertainment, his innovative use of generative AI and dedication to continuous learning set him apart as a visionary in the FP&A field. Key takeaways from this week's episode include: Here is a concise summary of the key points from the discussion:
Quotes: Here are a few relevant quotes from the episode
This discussion with Michael Dion focuses on the evolving role of financial planning and analysis (FP&A) in modern organizations. Key topics include the importance of collaboration, the integration of advanced technologies, and practical strategies for FP&A professionals to enhance their effectiveness and impact. Exciting Announcement I am excited to share my two new digital FP&A Courses with you FP&A Business Partnering, and Modern Excel. They just launched and I am excited to offer a 20% discount to my listeners using code PODCAST. Link to courses: FP&A Business Partnering (thinkific.com) Modern Microsoft Excel (thinkific.com) Follow Michael: LinkedIn - https://www.linkedin.com/in/dionmichaelc/ Website - https://www.f9finance.com/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions. For AFP FPAC certification answer the questions and contact Paul Barnhurst for further details. In today's episode: [01:20] - Introduction [02:00] - Guest Introduction [03:05] - Integrating Consumer Insights [04:44] - Preparing for Technological Changes [05:30] - How technology enhances the abilities of FP&A professionals [11:30] - Media Industry Passion [15:30] - Amortization of Film Costs [18:00] - Response to F9 Finance [24:00] - Transforming Business Reviews [28:34] - Advice for Story-Based Reporting [38:00] - Career Advice [39:00] - Rapid Fire Session [41:07] - Use of Generative AI [45:00] - Business Partnership [46:14] - Contact Information of the Guest [47:00] - Conclusion | |||
| The Financial Fallout of Trump’s Tariffs for Pricing Teams with Karan Sood | 16 Apr 2025 | 00:42:36 | |
In this episode of Future Finance, host Paul Barnhurst (aka The FP&A Guy) welcomes Karan Sood, a global pricing expert with over a decade of experience in revenue management and pricing strategies. Karan shares his knowledge on the impact of tariffs on global trade and pricing models. He talks about the complexities of tariffs, offering advice on how businesses can effectively manage the financial implications and adapt their pricing strategies during these uncertain times. Karan discusses the importance of collaboration across departments and creating flexible models that can quickly adjust to changing market conditions. Karan Sood is a global pricing expert and the Director of Sales Operations with a wealth of experience overseeing revenue management for over $6 billion across a wide range of industries. He is passionate about using pricing as a powerful tool to drive profitability and improve business performance. Karan has worked across industries including automotive, digital marketing, consumer goods, and more, developing pricing strategies that create real business value. Expect to Learn:
Karan Sood shared meaningful strategies for managing the complexities of tariffs in today’s global trade environment. His advice to stay calm, work collaboratively, and prioritize flexibility in pricing models is invaluable for finance professionals looking to navigate the challenges posed by tariffs. By emphasizing the importance of cross-departmental communication and transparency with customers, Karan offers actionable steps that can help businesses succeed in a volatile market. Follow Karan: LinkedIn - https://www.linkedin.com/in/soodkaran/?originalSubdomain=ca Website - https://substack.com/@karansood Follow Paul: LinkedIn - https://www.linkedin.com/in/thefpandaguy Follow QFlow.AI: Website - https://bit.ly/4i1Ekjg Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai. Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike. In Today’s Episode: [02:08] - Introduction of Episode [03:05] - Karan’s Journey into Pricing [06:45] - The Global Impact of Tariffs [12:05] - Why One-Size-Fits-All Doesn’t Work [16:00] - Managing the Impact of Tariffs [20:04] - Building Flexible Pricing Models [23:09] - Transparency with Consumers [28:46] - Short-Term vs. Long-Term Strategy [34:34] - Cross-Department Collaboration [39:06] - Book recommended by Karan | |||
| Ensuring Fairness and Privacy in the Digital Age With Ben Dooley | 26 Jun 2024 | 00:37:32 | |
This week on Future Finance before getting to our guest interview HAL 9000l makes a guest appearance and Glenn has a fun discussion about romantic relationships and AI that you will not want to miss. Welcome to the exciting world of Future Finance! Today's episode dives into the exploration of the dynamic intersection of AI and finance. Ben Dooley, the global head of Productized Solutions at Infospace, joins Paul Barnhurst and Glenn Hopper for a thought-provoking discussion on responsible AI, strategic innovation, and the future of financial automation. Here are the key takeaways to whet your appetite for the full episode:
With over a decade of experience in managing complex projects, driving corporate change, and leading entrepreneurial ventures, Ben is an expert in AI and change management. This insightful episode with Ben Dooley underscores the importance of responsible AI and its transformative potential in finance. Follow Ben: LinkedIn: https://www.linkedin.com/in/bendooley/ Website: https://www.infocepts.ai/ Follow Glenn: LinkedIn: https://www.linkedin.com/in/gbhopperiii Follow Paul: LinkedIn: https://www.linkedin.com/in/thefpandaguy Follow QFlow.AI: Website - https://qflow.ai/future-finance Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike. Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai. Learn more at Qflow.ai/future-finance. In today's episode: [01:16] - Episode Overview and Sponsorship [03:00] - Responsible AI Framework Introduction [04:40] - Reliability and Compliance in AI [06:21] - Current AI Capabilities and Risks [11:47] - Guest Introduction [12:14] - AI in Traditional Finance Tasks [17:52] - Fairness and Bias in AI [19:40] - Trust and Verification in AI [22:02] - Strategic Use of AI and Balancing Privacy in Finance [27:32] - Future Predictions for AGI [28:52] - Other Exciting Technologies [31:57] - Fun rapid-fire Session [34:20] - Best Career Advice [36:34] - Conclusion | |||
| Building Structured Financial Models from Chaos With Brian Vaddan | 25 Jun 2024 | 00:39:59 | |
Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally. In today’s episode, Paul engages in a conversation with Brian Vaddan. Brian Vaddan is a distinguished financial modeler with a rich background in investment banking and financial engineering. His emphasis on intellectual curiosity, the need for simplicity, and the creative nature of financial modeling provide listeners with a fresh perspective on the discipline. Key takeaways from this week's episode include:
Quotes: Here are a few relevant quotes from the episode on financial analysis and modeling: "I guess, the easiest way for me to describe it is the difference between somebody who sketches on paper and someone who's an architect, or someone who has a hammer and someone who's an actual carpenter.”- Brian Vaddan “One of the primary differences is that you will do it for someone else. So when I built a lot of the initial models from the earlier part of my career, it was for me. It was to derive an answer that I needed to a question that was asked of me.”- Brian Vaddan “The way you display the depth of your intellect, to me, is not the complexity in the formula that you build, but how you take that complex formula and simplify it into a manner that anyone with just a basic understanding can understand.”- Brian Vaddan “Never stop learning and don't quench that intellectual curiosity that will make your modeling experience and career so much richer and so much more rewarding.”- Brian Vaddan In this engaging episode of Financial Modeler's Corner, Brian Vaddan shares his insights on the intricacies of financial modeling. He recounts his journey from investment banking to EY, emphasizing the importance of intellectual curiosity and perseverance. He advises aspiring modelers to maintain a growth mindset and continually seek learning opportunities, providing valuable insights into the discipline of financial modeling. Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use code “Podcast” to save 15% when you register. Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit. View and download the Financial Modeling Code at financial-modelling-code.ashx (icaew.com) Follow Brian: Follow Paul:
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In today’s episode: [00:03] - Introduction [01:00] - Guest Introduction [01:14] - Horror Story [03:40] - Rule of Thumb [04:10] - Guests’ Background [06:28] - Spreadsheets vs. Modeling [10:16] - Essential Traits for Modelers [13:30] - Modeling as a Discipline [19:00] - Simplicity in Complexity [24:00] - Modeling as a Creative Exercise [28:10] - Transition to Team Leadership [33:00] - Rapid-Fire Session and Guests’ Contact Information [38:10] - Conclusion | |||
| Revolutionizing Mid-Market FP&A with Advanced Data Solutions With Julio Martinez | 20 Jun 2024 | 00:43:58 | |
Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst. In today’s episode, Paul engages in an insightful roundtable discussion with Julio Martinez on how mid-market companies can harness the power of technology, data, and business partnering to drive performance and accountability. Julio, a visionary in the finance world, currently serving as the CEO of Abacum. His passion for innovation and technology makes him a leading voice in transforming the finance sector. With over two decades of experience in finance, investment banking, and fintech, Julio brings unparalleled insights into the evolving landscape of FP&A. Key takeaways from this week's episode include: Here is a concise summary of the key points from the discussion:
Quotes: Here are a few relevant quotes from the episode
This conversation with Julio Martinez offers an in-depth look into the current and future state of FP&A, emphasizing the importance of business partnering and the transformative power of technology. As the FP&A field continues to evolve, professionals can take inspiration from Julio's journey and the innovative approaches discussed in this episode to excel in their roles. Exciting Announcement I am excited to share my two new digital FP&A Courses with you FP&A Business Partnering, and Modern Excel. They just launched and I am excited to offer a 20% discount to my listeners using code PODCAST. Link to courses: FP&A Business Partnering (thinkific.com) Modern Microsoft Excel (thinkific.com) Follow Julio: LinkedIn - https://www.linkedin.com/in/thejuliomartinez/ Website - https://www.abacum.io/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions. For AFP FPAC certification answer the questions and contact Paul Barnhurst for further details. In today's episode: [00:50] - Introduction [01:48] - Guest Introduction [03:54] - Blending of Operations in FP&A [04:47] - Guest’s Background and Career Journey [07:00] - The Value of a Sabbatical [09:12] - The Impact of Community in Microfinance [14:57] - Launching Fintech Startups and the Transition to Abacum [18:16] - Why FP&A for a Startup- Motivation from Guest [20:30] - Identifying Key Pain Points in FP&A [23:34] - Mid-Market FP&A Challenges and Opportunities [33:59] - Opportunities in Business Partnering for FP&A [36:00] - Rapid-Fire Session [39:50] - Get to Know Guest [42:22] - Conclusion | |||
| Secrets to Building Error-Free Financial Models with Cameron & Nicholas Hay | 19 Jun 2024 | 00:46:50 | |
Welcome to a special episode of our podcast! Today, we're thrilled to bring you an exciting Podswap. We are sharing an episode from Financial Modeler’s Corner. Stay tuned for an engaging conversation you won't want to miss. Here are the show notes from our previous episodes. Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally. In today’s episode, Paul engages in a conversation with Cameron and Nicholas Hay to discuss dynamic arrays in financial modeling. Cameron and Nicholas share their experiences and insights on using dynamic arrays to build fully dynamic models, avoiding common pitfalls, and the benefits of this approach. Cameron and Nicholas are seasoned financial modeling experts and co-founders of Finomatic Consulting. Their practical advice and innovative tips have helped countless professionals enhance their modeling skills. Key takeaways from this week's episode include:
Download a sample fully dynamic 3-statement model Excel Files — The FP&A Guy (thefpandaguy.com), courtesy of Cameron and Nicolas Hay. Quotes: Here are a few relevant quotes from the episode on financial analysis and modeling: "A blank Excel workbook doesn't have any errors in it until you add data and formulas. Minimizing the number of formulas should reduce the error potential of the file.” “With business, if you can understand how cash flows around a business, that's you can get in and really understand a business.” “If you're going to dip your toe into dynamic arrays, you've got to make sure you commit fully with 100% commitment.” Follow Cameron and Nicholas: Cameron Hay LinkedIn - https://www.linkedin.com/in/cameron-hay-ca-a31b4752/ Nicholas Hay LinkedIn- https://www.linkedin.com/in/nicholas-hay-1992/ Website - https://finomatic.co.uk/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy Follow Financial Modeler's Corner LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984 In today’s episode: [00:03] - Introduction [00:40] - Guest Introduction and Theme for the Week: Dynamic Arrays [01:50] - The Worst Financial Model the Guest Experienced [02:00] - Horror Stories: Mixed Calculations and Unrealistic Assumptions [04:10] - Key Takeaways from Horror Stories [05:00] - Guests’ Backgrounds and Career Journeys [10:00] - The Importance of Structure and Design in Financial Modeling [14:10] - Introduction to Dynamic Arrays and Their Benefits [21:30] - Challenges with Corkscrews and Lambdas [31:20] - Rapid-Fire Session and Guests’ Contact Information | |||
| Discovering New Dimensions In Accounting with Sasha Orloff | 18 Jun 2024 | 00:44:14 | |
Welcome to a special episode of our podcast! Today, we're thrilled to bring you an exciting Podswap. Stay tuned for an engaging conversation you won't want to miss. Here are the show notes from our previous episodes. TLDR: These show notes were optimized using Claude AI Haiku and are designed to make you listen to the full episode. We even asked Haiku to provide a Haiku summarizing the show notes for your reading pleasure. Haiku: Finance takes new shape, AI-driven transformation, Shaping the future. Prepare to be captivated as hosts Paul Barnhurst and Glenn Hopper welcome Sasha Orloff, CEO of Puzzle, to uncover the technological advancements reshaping the world of finance and accounting. In this eye-opening episode, you'll discover: - How generative AI is seamlessly integrating into everyday software, automating tasks and delivering data-driven insights. - The rise of "AI agents" in 2024 - advanced systems designed to autonomously process complex problems and provide tailored solutions. - Sasha's visionary project, Puzzle, modernizing accounting software with real-time, flexible financial data processing. - The transformative potential of blockchain technology to enhance transparency and traceability of financial transactions. - The future of finance is reimagined through AI and predictive analytics, empowering more precise forecasting and strategic decision-making. Sasha shares his insightful perspective: - "I'm building Puzzle, which is modern accounting software for growing companies." - "We may not yet be at a point where AI is going to take our jobs, but the future will be divided into two camps: people who use AI and those who don't. One of these groups is going to be left behind." Don't miss this captivating conversation that explores the intersection of finance, technology, and AI. Gain invaluable insights to stay ahead of the curve and thrive in the rapidly evolving world of corporate finance. Follow the Conversation:
Future Finance is sponsored by Qflow.ai. Learn more at Qflow.ai/future-finance. Financial Modeler’s Corner is sponsored by the Financial Modeling Institute. Learn more at https://fminstitute.com/podcast/. In today's episode: [01:52] Introduction [03:30] The latest phase of the AI revolution [04:49] Pros and cons of chatbots and the rise and evolution of AI agents [09:15] Recent updates about AI [12:51] Guest’s background [14:00] Insights from guest’s career [16:35] Introduction of Puzzle and future of general ledger in accounting [25:10] How blockchain can be an effective tool for accounting [30:22] How AI and predictive analytics can change finance in upcoming years [34:32] Democratization of data science and various uses of machine learning [39:05] Lighting Round Questions | |||
| Why Your Pricing Model Is Costing You Millions With Nathan Kaemingk & Karan Sood | 13 Jun 2024 | 01:00:59 | |
Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst. In today’s episode, Paul engages in an insightful roundtable discussion with Nathan Kaemingk & Karan Sood on LinkedIn. In the episode, we discuss the nuances of strategic pricing and its immense impact on business profitability. Karan, a seasoned pricing professional, shares his extensive experience across various industries, emphasizing the importance of cross-functional alignment and value-based pricing. Nathan, with a unique background in mechanical engineering and forecasting, highlights the critical role of understanding costs and leveraging pricing strategies to combat inflation and optimize profits. Key takeaways from this week's episode include: Here is a concise summary of the key points from the discussion:
Quotes: Here are a few relevant quotes from the episode
Exciting Announcement I am excited to share my two new digital FP&A Courses with you FP&A Business Partnering, and Modern Excel. They launched yesterday and I am excited to offer a 20% discount to my listeners. Use code PODCAST. Link to courses: FP&A Business Partnering (thinkific.com) Modern Microsoft Excel (thinkific.com) Follow Karan: LinkedIn - https://www.linkedin.com/in/soodkaran/ Website - https://www.kobo.com/ Follow Nathan: LinkedIn - https://www.linkedin.com/in/nathankaemingk/ Website - https://www.betterforecasting.com/ Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions. For AFP FPAC certification answer the questions and contact Paul Barnhurst for further details. In today's episode: [01:10] - Introduction [02:00] - Guest Introduction [03:00] - Misconceptions About Pricing [04:20] - The importance of Value-Based Pricing [07:00] - The Role of FP&A in Pricing [11:40] - Leveraging Digital Courses for FP&A Professionals [12:00] - Guest Backgrounds [18:40] - Impact of Inflation on Pricing [22:00] - Strategies for Competitive Markets [26:30] - Effective Rebate Strategies [31:00] - Collaboration Between Finance and Pricing Teams [36:10] - Rapid-Fire Session [58:30] - Conclusion | |||
| How Generative AI Is Changing The Game for Finance Professionals - Featuring Adam Tzagournis | 12 Jun 2024 | 00:35:17 | |
TLDR: These show notes were optimized using Google Gemini after we tried Meta Llama 3 8B and ran into issues. The show notes are designed to make you listen to the full episode thanks to AI. Below is a poem for the show from Gemini
Future Finance: AI Revolutionizes Financial Planning Welcome to the exciting world of Future Finance! Today's episode dives into the transformative power of Artificial Intelligence (AI), specifically generative AI, in the financial industry. Our guest, Adam Tzagournis, a CPA, full-stack developer, and the founder of FlowCog Canvas, joins Paul Barnhurst and Glenn Hopper for a thought-provoking discussion. Here are the key takeaways to whet your appetite for the full episode:
Follow Adam: LinkedIn: https://www.linkedin.com/in/adam-tzagournis-cpa/ Website: https://canvas.flowcog.com/ Follow Glenn: LinkedIn: https://www.linkedin.com/in/gbhopperiii Follow Paul: LinkedIn: https://www.linkedin.com/in/thefpandaguy Follow QFlow.AI: Website: https://qflow.ai/future-finance Stay tuned for the full episode where you'll learn more about the exciting applications of generative AI in financial projections, the future of financial roles, and much more Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai. Learn more at Qflow.ai/future-finance. In today's episode: [06:54] Introduction [07:30] AI and Nose-Picking [08:55] Guest Introduction [10:10] Early Adoption of AI [13:28] Generative AI in Financial Projections [17:00] Pace of AI Advancements [18:12] AI as a Productivity Tool [25:39] AI for Small and Medium Businesses [30:35] Fun rapid-fire Session [33:40] Future of Finance Predictions [36:50] Contact information for more learning opportunities | |||
| Secrets to Building Error-Free Financial Models with Cameron And Nicholas Hay | 11 Jun 2024 | 00:47:05 | |
Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally. In today’s episode, Paul engages in a conversation with Cameron and Nicholas Hay to discuss dynamic arrays in financial modeling. Cameron and Nicholas share their experiences and insights on using dynamic arrays to build fully dynamic models, avoiding common pitfalls, and the benefits of this approach. Cameron and Nicholas are seasoned financial modeling experts and co-founders of Finomatic Consulting. Their practical advice and innovative tips have helped countless professionals enhance their modeling skills. Key takeaways from this week's episode include:
Download a sample fully dynamic 3-statement model Excel Files — The FP&A Guy (thefpandaguy.com) courtesy of Cameron and Nicolas Hay. Quotes: Here are a few relevant quotes from the episode on financial analysis and modeling: "A blank Excel workbook doesn't have any errors in it until you add data and formulas. Minimizing the number of formulas should reduce the error potential of the file.” “With business, if you can understand how cash flows around a business, that's you can get in and really understand a business.” “If you're going to dip your toe into dynamic arrays, you've got to make sure you commit fully with 100% commitment.” Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use code “Podcast” to save 15% when you register. Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit. View and download the Financial Modeling Code at financial-modelling-code.ashx (icaew.com) Follow Cameron and Nicholas:
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In today’s episode: [00:03] - Introduction [00:40] - Guest Introduction and Theme for the Week: Dynamic Arrays [01:50] - The Worst Financial Model the Guest Experienced [02:00] - Horror Stories: Mixed Calculations and Unrealistic Assumptions [04:10] - Key Takeaways from Horror Stories [05:00] - Guests’ Backgrounds and Career Journeys [10:00] - The Importance of Structure and Design in Financial Modeling [14:10] - Introduction to Dynamic Arrays and Their Benefits [21:30] - Challenges with Corkscrews and Lambdas [31:20] - Rapid-Fire Session and Guests’ Contact Information | |||
| Why FP&A Professionals Are Struggling in The Age of Al - Insights from Philip Watson | 06 Jun 2024 | 00:47:24 | |
Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst. In today’s episode, Paul engages in an insightful interaction with Philip Watson, for a discussion on what it takes to excel in financial planning and analysis (FP&A). Philip, the CFO of Paddle, brings a wealth of knowledge, having led FP&A at ZoomInfo through its rapid growth and IPO. He is known for his commitment to developing talent, Philip's leadership has shaped the careers of many finance professionals. Currently leading Paddle’s financial strategy, Philip is transforming how fintech companies handle complex financial operations. Key takeaways from this week's episode include: Here is a concise summary of the key points from the discussion:
The title sponsor for this week’s episode of FP&A Tomorrow is Plan Buddies. Plan Buddies, where professionals meet excellence. Ready to elevate your career? Visit plan-buddies.com and become a member today. Here's a special treat. Use the promo code TheFPandAGuy, that is TheFPandAGuy for an exclusive 25% discount on your first-year membership. Quotes: Here are a few relevant quotes from the episode
Follow Philip: LinkedIn - https://www.linkedin.com/in/philipawatson Website - https://www.paddle.com Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions. For AFP FPAC certification answer the questions and contact Paul Barnhurst for further details. In today's episode: (01:10) - Introduction (01:45) - Guest Introduction (02:00) - Defining Great FP&A (03:25) - Future of FP&A (04:20) - Guest Background (06:04) - Scaling at ZoomInfo (18:17) - FP&A as A Launchpad for CFO (27:40) - Sales Commission Strategies (32:47) - Effective Forecasting Practices (41:49) - Rapid-Fire Session (43:20) - Guest’s Personal Insights (45:30) - Advice for FP&A Business Partners | |||
| Golden Rules to Prevent Excel Disasters in Financial Modeling with Gary Knott | 04 Jun 2024 | 00:44:02 | |
Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally. In today’s episode, Paul engages in a conversation with Gary Knott, to discuss invaluable insights and tips on avoiding common Excel pitfalls, structuring workbooks for success, and the importance of consistency and clarity. Gary is a seasoned financial modeling expert and author of "Avoid Excel Horror Stories." He shares his golden ground rules for Excel modeling. With a background at Deloitte and his successful consultancy, Gary's practical advice and innovative tips have helped countless professionals enhance their modeling skills. Key takeaways from this week's episode include:
Quotes: Here are a few relevant quotes from the episode on financial analysis and modeling: "Consistency is key." I think of all the rules there are, that's the one. If you follow that one, that can bring you a long way in terms of getting a reliable model. “Certainly, getting trained early, not trying to learn it yourself, but taking some formal training course so you can learn the basics.” “I'm always a very keen fan of putting checks in models, collating them all on a master check sheet, and then adding them all up.” "If the difference is zero, then your balance sheet balances. You can send that through to a master check sheet. Then if you add them all up, all the checks up and they're totally zero, then you haven't identified any issues" Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use code “Podcast” to save 15% when you register. Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit. View and download the Financial Modeling Code at financial-modelling-code.ashx (icaew.com) Follow Gary:
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In today’s episode: (00:55) - Introduction (01:40) - Guest Introduction (01:50) - The worst Financial Model the Guest Experienced (01:56) - First Horror Story and Mixed Calculations (02:50) - Second Horror Story and Daisy Chains (04:06) - Guest’s Career Journey (05:50) - The Role of Accounting in Financial Modeling (08:45) - Guest’s Introduction as Author (10:00) - Golden Ground Rules for Financial Modeling (14:00) - Importance of Using a Clear and Logical Workbook Structure. (17:00) - A clean, Consistent Design to Make Models Professional and User-friendly. (23:10) - Instructions for Users to Ensure They Understand How to Use the Model. (29:00) - Horror Stories from Financial Modeling (33:40) - Tips and Tricks and Benefits of Using Power Query (37:19) - Rapid-Fire Session (42:10) - Guest's Contact Information | |||
| The Real Cost of Trump’s Tariffs for Pricing Teams with Karan Sood | 15 Apr 2025 | 00:42:29 | |
In this special episode of Financial Modeler's Corner, host Paul Barnhurst (aka The FP&A Guy) welcomes Karan Sood, a global pricing expert with over a decade of experience in revenue management and pricing strategies. Karan shares his knowledge on the impact of tariffs on global trade and pricing models. He talks about the complexities of tariffs, offering advice on how businesses can effectively manage the financial implications and adapt their pricing strategies during these uncertain times. Karan discusses the importance of collaboration across departments and creating flexible models that can quickly adjust to changing market conditions. Karan Sood is a global pricing expert and the Director of Sales Operations with a wealth of experience overseeing revenue management for over $6 billion across a wide range of industries. He is passionate about using pricing as a powerful tool to drive profitability and improve business performance. Karan has worked across industries including automotive, digital marketing, consumer goods, and more, developing pricing strategies that create real business value. Expect to Learn:
Here are a few quotes from the episode:
Karan Sood shared meaningful strategies for managing the complexities of tariffs in today’s global trade environment. His advice to stay calm, work collaboratively, and prioritize flexibility in pricing models is invaluable for finance professionals looking to navigate the challenges posed by tariffs. By emphasizing the importance of cross-departmental communication and transparency with customers, Karan offers actionable steps that can help businesses succeed in a volatile market. Follow Karan: LinkedIn - https://www.linkedin.com/in/soodkaran/?originalSubdomain=ca Website - https://substack.com/@karansood Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy YouTube - https://www.youtube.com/@thefpaguy8376 Follow Financial Modeler's Corner LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984 Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. In today’s episode: [02:08] - Introduction of Episode [03:05] - Karan’s Journey into Pricing [06:45] - The Global Impact of Tariffs [12:05] - Why One-Size-Fits-All Doesn’t Work [16:00] - Managing the Impact of Tariffs [20:04] - Building Flexible Pricing Models [23:09] - Transparency with Consumers [28:46] - Short-Term vs. Long-Term Strategy [34:34] - Cross-Department Collaboration [39:06] - Book recommended by Karan | |||
| The Ultimate FP&A Playbook For Cloud Spend Optimization with Tyler Cyphers | 30 May 2024 | 00:52:28 | |
Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst. In today’s episode, Paul engages in an insightful interaction with Tyler Cypher, for a discussion on how generative AI is reshaping FP&A, the importance of business partnering, and optimizing cloud spend. Tyler, the founder and CEO of OpsCipher, shares his journey from Disney finance intern to leading FP&A at top cybersecurity firms. He is an expert in leveraging generative AI for strategic decision-making. Also a passionate advocate for effective business partnering and optimizing cloud spending. Key takeaways from this week's episode include: Here is a concise summary of the key points from the discussion:
The title sponsor for this week’s episode of FP&A Tomorrow is Plan Buddies. Plan Buddies, where professionals meet excellence. Ready to elevate your career? Visit plan-buddies.com and become a member today. Here's a special treat. Use the promo code the FP&A Guy, that is TheFPandAGuy for an exclusive 25% discount on your first-year membership. Quotes: Here are a few relevant quotes from the episode "The people who are the most successful have a genuine curiosity about the business. It's very hard to go into those teams and try to be that analytical value-add extension if you can't understand their challenges." “If you think about software business, generally, the two biggest expenses are people and then the cost of running the software.” “FinOps as an organizational structure. So from the first part, I think, it's inherent in the word financial operations. It's a financial stewardship-driven culture in the first place.” Follow Tyler: LinkedIn - https://www.linkedin.com/in/tylercyphers Website - http://opscipher.com Follow Paul: Website - https://www.thefpandaguy.com LinkedIn - https://www.linkedin.com/in/thefpandaguy For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions. For AFP FPAC certification answer the questions and contact Paul Barnhurst for further details. In today's episode: (1:20) - Introduction (01:50) - Guest Introduction (02:26) - Defining Great FP&A (05:01) - Impact of Generative AI on FP&A (06:59) - Future of FP&A with AI (13:25) - Becoming A Strategic Business Partner (17:40) - Cash Flow for Coders Newsletter (21:30) - Optimizing Cloud Spend (30:12) - Advice for Managing Cloud Spend (44:12) - Rapid-Fire Session (46:40) - Essential Skills for FP&A Professionals (47:40) - Guest’s Personal Insights. (50:42) - Advice for FP&A Business Partners | |||
| How AI and Automation Is Bridging The Accountant Shortage with Mitchell Troyanovsky | 29 May 2024 | 00:37:36 | |
TLDR: These show notes were optimized using Claude ChatGPT 4.0 and are designed to make you listen to the full episode. We also asked H4.0 to write a brief limerick summarizing the show notes. There once was a podcast on AI, Transforming accounting, oh my! With Mitchell's insight, Efficiency in sight, A must-listen for those on the fly. Show Notes: Welcome to Future Finance, with your hosts Paul Barnhurst and Glenn Hopper, where we focus on the technological advancements and emerging trends fueling the FP&A professionals. We bring you vital updates and insights into the technologies that are going to shape not just finance and accounting, but every sector of the world in the years ahead. In today’s episode, Paul and Glenn engage in a conversation with Mitchell Troyanovsky, Co-Founder of Basis, to discuss the transformative impact of AI on the accounting profession. The discussion highlights the differences between rule-based systems and generative AI. Highlights of the Episode:
Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai. Learn more at qflow.ai/future-finance Follow Mitchell: LinkedIn: https://www.linkedin.com/in/mitchelltroyanovsky/ Website: https://www.getbasis.ai/ Follow Glenn: LinkedIn: https://www.linkedin.com/in/gbhopperiii Follow Paul: LinkedIn: https://www.linkedin.com/in/thefpandaguy Follow QFlow.AI: Website: https://qflow.ai/future-finance In today's episode: [01:32] Introduction [06:35] Real-world applications of ChatGPT 4.0 in financial analysis [08:50] Evolution of AI models and their impact on specialized financial tools [11:23] Guest’s background [13:43] Overview of Basis and the need for AI in accounting [17:10] Differences between rule-based systems and generative AI [20:22] How AI handles accounting workflows [26:42] Addressing fears and trust issues with AI in accounting [33:11] Fun rapid-fire Session [37:40] Contact information for more learning opportunities | |||
| Leveraging Data Insights For Smarter Business Decision Making with Jim Cook and Winnie Aoieong | 23 May 2024 | 01:00:33 | |
Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst. The title sponsor for this week’s episode of FP&A Tomorrow is the Third Generation FP&A Tools Showcase. Join the Showcase and see the latest technology in FP&A planning software. Register for free today: https://www.accelevents.com/e/fpatoolsshowcase In today’s episode, Paul engages in a thought-provoking conversation with the awesome Jim Cook and Winnie Aoieong, for a fascinating discussion on the importance of decision-making systems, the value of trust in business partnerships, and the role of generative AI in modern FP&A. Jim Cook, former CFO of Mozilla with a rich history at Netflix and Intuit, shares his valuable insights on effective decision-making systems and the power of community building. Winnie Aoieong, VP of Business Finance at PowerSchool, discusses her experience in scaling financial operations and the critical balance of technical skills and business communication. Key takeaways from this week's episode include: : Here is a concise summary of the key points from the discussion:
Quotes: Here are a few relevant quotes from the episode about the importance of decision-making systems, building trust in business partnerships, and the role of generative AI in enhancing FP&A efficiency:
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For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions. For AFP FPAC certification answer the questions and contact Paul Barnhurst for further details. In today's episode: [00:05] Introduction [01:20] Guest’s background [01:28] What Does Great FP&A Look Like? [02:13] Evolution of FP&A [02:45] Future of FP&A [10:30] Scaling a Company [12:00] Leadership Changes [16:00] Role of Finance in Business [21:32] Systems and Chart of Accounts [29:40] Safe Space for Innovation [40:52] FP&A Tools and Generative AI [42:00] Rapid Fire Questions [49:20] Get to Know Our Guests Personally | |||