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GenAI for Finance teams: assessment & advice on ERP improvements
The finance teams can benefit more and more from GenAI and tools like OpenAI ChatGPT, Anthropic Claude, and Google Gemini. The use cases go beyond financial data analysis, forecasting, and anomaly detection but go to an operational part of finance functions. In just 20 minutes, you can get such powerful insights from Google Gemini about your ERP usage and efficiency, for which you would have paid $3,000- $10,000 for a consulting company back in the day! What it can give to finance teams is simply amazing! #transform.energy.flow
From Awareness to Efficiency: Mastering Transformation in Finance
Finance departments undergo constant transformation, from large-scale system changes to daily process optimizations. Successful transformation requires understanding the starting point—without it, achieving meaningful progress is difficult. Transformations can be Upward (major system changes), Spiral (process automation), or Circular (routine improvements). By recognizing these types and aligning energy flow, finance teams can drive more effective, sustainable change in response to evolving business needs.
Measuring Financial Systems Efficiency: Three Key Indicators
To assess the efficiency of finance systems, we focus on three key indicators: Time Spent in a System, Number of Objects Created, and Data Accuracy & Completeness. These metrics help finance teams understand where time is spent, how productive system interactions are, and the quality of financial data.
Unifying Finance Systems: The Transformative Power of iPaaS Solutions
This article explores how Integration Platform as a Service (iPaaS) solutions can revolutionize finance functions by streamlining data flows, reducing manual effort, and enhancing transparency. Unlike custom-built integrations, iPaaS offers faster implementation, better security, scalability, and ease of use—empowering finance teams without requiring deep technical expertise.
Applying the I Ching: Assessing Financial Transformation through Hexagrams
Can ancient wisdom improve modern finance functions? Andrew Rudchuk explores how the I Ching (Book of Changes) helps assess financial transformation using hexagrams. By analyzing key factors like processes, technology, leadership, and strategy, businesses can gain structured insights and drive meaningful change. Hexagram 34: “The Power of the Great” highlights how companies can harness strengths and modernize effectively.