Automation of decision making through the implementation of RPA, task automation robots, advanced analytics and artificial intelligence is becoming the defacto direction for accountants, controllers and CFOs, but what does working with a Bot squad mean for you and your team?
We learn from Aico’s CTO Marko Maunula, who explains nine trending cornerstones of this brave new robot/human world.
And Marko, I love the Little Britain quote! A rare treat for me.
We talk about Prescott’s pod and unpack his insightful comment on presenting data, and pull on a few expert comments on data visualisation and why its critical to finance teams. Sponsored by Vena Solutions
Continue reading “S1 E7 – What Prescott said, Data Visualisation micro learning #CFOchat”
Data Scientist: Yo accountant dude! Why do you never forecast your miscellaneous revenue line?
Accountant: It’s miscellaneous, you can’t forecast that line.
DS: But dude, it’s 1% of your total revenue, that’s gotta impact the business and your forecast sensitivity, right?
AC: That line has no owner, you can’t forecast that line.
DS: I got exciting news dude, I can predict this line for you and be 75% accurate. That’s gotta be better than putting in a big fat zero? <holds up hand for a high five> Continue reading “Is your forecasting mindset killing CFO innovation – almost certainly!”