Blood, Sweat & Balance Sheets
The accounting profession is in a state of flux. With a shocking number leaving the industry and fewer students opting to major in Accounting, it's clear that change is needed — and fast. Hosted by FloQast co-founder and CEO Mike Whitmire, inactive CPA, Blood, Sweat & Balance Sheets explores the modern accounting landscape to identify how to uplift the profession, ways in which leaders can evolve operations to empower employees, and highlights individuals making material impacts in finance and accounting.
Blood, Sweat & Balance Sheets
The AI Imperative: How CFOs Are Embracing a Smarter Future
Five years ago, a CFO's main focus was cutting costs and boosting efficiency, but that conversation has dramatically shifted, with artificial intelligence (AI) now topping the priority list. In this episode of Blood, Sweat & Balance Sheets, host Mike Whitmire sits down with Andrew Moses, Associate Director at Cross Country Consulting, to dive into the evolving role of the modern CFO and the urgent need to adopt AI.
They'll unpack why AI is no longer a "nice to have," but an essential budget item. You’ll learn:
- How finance leaders can overcome the challenge of implementing AI, especially when general-purpose tools like Copilot and Python fall short for accounting-specific tasks.
- The critical difference between general-purpose and purpose-built AI solutions that seamlessly integrate with existing accounting systems.
- How to view AI as an investment not just in technology, but in your people.
This discussion will provide a clear path for companies to effectively and easily adopt solutions purpose-built for the accounting function, making AI a practical reality.