The text highlights the importance of focusing on key tasks in finance automation to enhance efficiency, particularly through AI. By identifying and automating the 20% of tasks that consume 80% of time, finance teams can significantly accelerate their processes, achieving up to three times faster book closing. The author also reflects on costly mistakes in hiring, auditing, and technology implementation, emphasizing the need for strategic decision-making and timely adoption of AI. This serves as a reminder that adapting to technological advancements is crucial for maintaining competitiveness in the finance sector.
Very curious to hear about your SFDC big mistakes in detail, and insane amount of money and time goes into this
The text highlights the importance of focusing on key tasks in finance automation to enhance efficiency, particularly through AI. By identifying and automating the 20% of tasks that consume 80% of time, finance teams can significantly accelerate their processes, achieving up to three times faster book closing. The author also reflects on costly mistakes in hiring, auditing, and technology implementation, emphasizing the need for strategic decision-making and timely adoption of AI. This serves as a reminder that adapting to technological advancements is crucial for maintaining competitiveness in the finance sector.