Getting to big wins with AI in FP&A – Don Tomoff

In this episode of FP&A Today, host Glenn Hopper interviews Don Tomoff, an expert in accounting, finance, and consulting, about the transformative potential of generative AI in finance. Don shares his early experiences with AI, emphasizing the importance of an AI-first mindset and continuous learning. He provides practical examples of how AI can streamline tasks, such as writing complex Excel formulas and automating reports. The discussion covers the democratization of data science through AI, enabling finance professionals to perform advanced analytics without extensive coding knowledge. They also address the challenges and opportunities of AI adoption, including the need for validation and the importance of bottom-up implementation within organizations. Don offers advice for finance professionals looking to upskill in AI, highlighting the value of collaboration, experimentation, and focusing on easy wins.