mika AI’s Post

In an interesting plot twist, Puzzle, an accounting startup, is leveraging #AI and #Automation to streamline accounting and financial management where there is currently a talent shortage. https://buff.ly/3ywTHOd #DigitalTransformation #FinTech #FinServ

What Challenges do Early Stage Founders face with their Accounting and Finance teams? -> Decision-Making Delays: Heavy reliance on accountants for data reporting can slow down critical decisions. -> Error-Prone Manual Processes: Manual data entry and consolidation increase the risk of errors and significant delays. -> Inaccurate Financial Projections: Early-stage founders often struggle with creating precise financial projections, essential for planning and securing funding. -> Complex Tax and Regulatory Compliance: Navigating tax requirements, financial reporting standards, and regulatory obligations is often complicated and time-consuming. This is where dayX AI changes the game. We are the only platform that provides early stage founders with a comprehensive intelligence suite of Accounting with Integrated planning and Real time reporting on the go. Here is a sneak peak of our Real-time, Interactive dashboard. To learn more, you can reach out to us info@dayx.ai. #Accounting #Fintech #Founders #Startups #AI #Forecasting #Growth #Strategy #VentureCapital #automation #bookkeeping #Planning

News flash 📢 Accountants aren't in danger of losing their jobs to automated accounting, and unified financial platforms can't replace an experienced finance professional 🙅 But! If you're not using finance AI to your advantage, you're going to get replaced by those that are. 👀 Discover how combining human experts with AI can revolutionize the way startups manage finance. Link in the comments 👇

Ever wish you could take back your time from endless financial admin? ⏰ With Finance Box, you can! Our AI technology auto-extracts bills and updates your accounts instantly. No more accountant chases – just the power of AI making your life easier. Connect with Finance Box today! 🚀🕒 https://financebox.co.uk/ #AIrevolution #businessefficiency #AItools #businesstools #moneyhelp #taxreturn #accounting #personalfinance #business #startup

👏👏 Our clients really are the best! 👏👏 This review from Robert at Tax Torch made the team smile this morning: "We tried it once and haven't stopped using it since. Gigged AI has become our go-to partner for all development work. They helped us navigate a world we didn't fully understand, and their milestone feature ensures effective project management." Thank you, Robert and Tax Torch, for your trust and partnership! Review collected on G2. #ClientLove #CustomerReview #GiggedAI #SkillsBasedHiring #TechPartners #ProjectManagement #CustomerSuccess

🚀 Exciting news in the fintech world! Numeric, an innovative AI-powered accounting automation company, has just secured a whopping $10 million in seed funding to supercharge their product development and expand their talented team. 💡🌟 As someone who has navigated the demanding world of accounting, I've experienced first-hand the challenges and the tedious nature of manual accounting tasks. That's why Numeric's mission to transform accounting workflows through AI technology resonates deeply with me. By automating complex tasks like technical accounting research and month-end close processes, Numeric is not just enhancing efficiency but revolutionizing the role of accountants, transitioning them from number crunchers to strategic advisors. The backing by heavyweights such as Founders Fund, Menlo Ventures, and 8VC highlights the industry’s trust in Numeric’s potential to streamline accounting practices dramatically. Such innovations are especially crucial now, as we face a nationwide shortage of accounting professionals. Imagine a world where AI does the heavy lifting, allowing accountants to focus on strategic decision-making and advisory roles! 🔍 Are you ready for the shift from traditional accounting to strategic, AI-enhanced advisory? 📊 Do you think AI in accounting will become a standard practice in the next five years? ✨ Share your thoughts, or better yet, if you’ve got a story where AI has transformed your workflow, drop it in the comments! Let's embrace the future together! 🌐📈 #Accounting #AI #Fintech #Innovation #VentureCapital #WorkflowAutomation #Numeric #FutureOfWork

Fascinating opportunities with AI in Finance at all levels. I'm focusing my career and attention on how it can take FP&A (the central brain of a healthy company) to the next level, probably a few levels. I've led successful Business Intelligence and FP&A teams at large public companies (Expedia) and a high-growth FinTech start-up (Tango), and the opportunity is clear. Simplify your needs, focus your attention, scale with technology, and integrate AI into all levels (BUT, lean back on the first 3 in how you go about it). #AI #AIinFinance #FPA #fpanda #data #technology #FinTech

AI is reshaping finance, and CFOs are at the helm. AI in finance: threat or ally? Spoiler: It can be your biggest asset. Let's decode how together. Imagine a future where financial forecasting isn't just accurate, but almost predictive. That's the power of AI in the hands of today's CFOs. Here are 5 most probable ways, how AI can supercharge your finances: 1. Predictive Analytics: AI doesn't just process data, it foresees - predicting trends, behavior, and revenue with utmost precision. 2. Risk Management: AI will reduce risk by turning conjecture to confidence, pinpointing potential pitfalls before they occur. 3. Efficiency Unleashed: AI will automate tedious tasks, freeing CFOs for strategy and innovation. It’s not just faster but transformative. 4. Real-Time Decisions: AI will deliver instant insights, enabling swift, precise decisions backed by executive wisdom. 5. Personalized Customer Experiences: AI will help CFOs understand each customer's unique financial journey. This isn't just good finance; it's good business. The future of finance is “Powered by AI”, and that’s exactly why at Growwth Partners we’ve built RyzUp, an AI-powered Fintech SaaS tool, designed to empower CFOs with the tools they need to make data-driven decisions and navigate the complex financial landscape with confidence. Link to the Beta version of Rzyup - www.ryzup.ai (Right now its only catered to Xero users) Try out our Beta version and let me know your thoughts and feedback on the product. #saas #fintech #financialmodelling #corporatefinance

Picture this: it's 4 PM on a Friday, and you're drowning in a sea of invoices while your team is frantically trying to close the books. Sound familiar? 🥴 As a business leader, I've been there, and it's not pretty. But then, something amazing happened. I discovered the power of AI in accounting. It was like a weight lifted off my shoulders. Suddenly, those tedious tasks like bookkeeping and invoicing were being handled seamlessly by virtual assistants. 🤖 Imagine never having to chase down an invoice again or spending countless hours wrestling with spreadsheets. With AI, you get real-time financial insights, automated compliance, and most importantly – time back in your day. Time to focus on growing your business and driving strategic initiatives. 🚀 Ready to see how this magic works? Let's chat about how AI can transform your finance team from stressed-out number crunchers into strategic powerhouses. #AIaccounting #financeinnovation #businessgrowth

How can finance functions scale and integrate GenAI across organizations without disrupting existing processes and ensuring department alignment?🤔   Teamwork, clear communication, and early involvement are crucial for success. Rushing into GenAI integration risks worsening inefficiencies and facing staff resistance. Balancing innovation with stability is vital. Addressing AI hallucinations and biases is key to maintaining trust in outputs and preventing data misinterpretations. Craig Dickson #Finance #CFO #FinanceInnovation