The FP&A Guy Network

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai.

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:27] – Josh Schauer Background

[01:33] – AI in Finance & Accounting for Dummies

[04:13] – AI as a Teammate, Not a Threat

[05:40] – AI as a Thought Partner

[08:06] – Why Finance Teams Struggle with AI

[09:46] – Evolution of FP&A

[10:53] – RevOps & Finance Alignment

[12:32] – Practical AI Use Cases

[15:03] – Closing

Evergreen Fund Growth and the NAV Valuation Challenges Financial Modelers Face with Rafael

Tue, 14 Apr 2026 05:00:00 -0600

In this episode of Financial Modeler’s Corner, Paul Barnhurst sits down with Rafael Le Saux to talk about valuation, modeling, and how the field is changing. They dig into real challenges from working on complex models and what happens when things go wrong. The conversation also covers how private markets are evolving and why valuation is getting harder. It’s a practical look at how modeling connects to real decisions in today’s finance world.

Rafael Le Saux is a valuation and modeling expert with over 16 years of experience in financial advisory and alternative investments. He leads Valuation and Modeling Services at PwC Luxembourg, working across multiple asset classes. He has also worked at Partners Group and across global markets, including France, Australia, and Chile. Alongside his professional work, he teaches, speaks at industry events, and supports the valuation community.

Expect to Learn

Why a strong model structure is critical in real-world projects
The impact of evergreen and semi-liquid funds on valuation risk
Why regulators are increasing scrutiny on valuation practices
How AI is helping improve workflows but not replacing human judgment
How to bridge the gap between auditors and investment teams

Here are a few quotes from the episode:

“Some students are actually afraid of Excel, and you can see that change in just a couple of days.” - Rafael Le Saux
“Financial modeling is not just about numbers. It’s about understanding where you are today and where you’re going tomorrow.” - Rafael Le Saux

Valuation and modeling are becoming more demanding as markets continue to change. Better tools make the work faster, but they don’t replace the need for clear thinking and solid structure. The people who focus on understanding the “why” behind the numbers, not just the output, will be the ones who stand out.

Follow Rafael:

LinkedIn: https://www.linkedin.com/in/rafael-le-saux/

Website: https://www.pwc.lu/

Follow Financial Modeler's Corner:

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/

Newsletter - Subscribe on LinkedIn -https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.

In today’s episode:

[04:25] – Modeling Horror Story

[06:36] – Teaching Modeling

[09:11] – AI in Education

[11:21] – AI in Daily Work

[16:45] – Luxembourg as a Financial Hub

[19:48] – Regulation & Valuation

[22:55] – Retail Investors & Private Markets

[26:59] – Valuation Frequency

[30:10] – Auditors vs Investment Teams

[33:30] – Excel Tips

[35:20] – World Cup Model

[37:30] – Rapid Fire

[44:00] – Final Advice

What 100 FP&A Episodes Taught Me About Career Growth, Failure, and the Future of Finance

Thu, 09 Apr 2026 05:00:00 -0600

In this special solo episode of FP&A Unlocked, Paul Barnhurst celebrates reaching 100 episodes of the podcast while also reflecting on his broader journey of hosting over 200 FP&A episodes across multiple shows. He shares lessons from his experience in FP&A, career growth, and learning AI, along with what actually matters in the field today. He also shares his thoughts on AI and how it’s changing finance workflows, explaining why building repeatable processes matters more than just prompting. He also previews upcoming conversations with professionals already using AI in their day-to-day work.

Expect to Learn:

What helps FP&A professionals grow beyond technical skills
Why career paths are rarely linear
How to approach networking in a more effective way
Why AI is more about processes than prompts
How AI can help save time in finance roles

Here are a few relevant quotes from the episode:

“AI is a magnifier. If you don't know what you're doing, it will magnify that.” - Paul Barnhurst
“Technical skills get you your first job, the soft skills get you promoted.” - Paul Barnhurst

Paul explains that FP&A is not just about reports and models. It’s about understanding the business and working with people. AI can help speed up tasks, but it doesn’t replace core skills like financial modeling, data understanding, and communication. If anything, those skills matter more now.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Earn Your CPE Credit

In Today’s Episode

[00:00] – Trailer

[01:41] – 100 Episodes Milestone

[02:36] – What Makes FP&A Professionals Stand Out

[03:38] – Career Growth Is Not a Ladder

[04:25] – Early Career Struggles After Graduation

[05:47] – How to Approach Networking the Right Way

[06:37] – Turning Down Offers & Career Decisions

[07:28] – Moving into FP&A & Career Shift

[09:08] – Learning AI & Current Challenges

[10:06] – AI Skills, Courses & Future Focus

How Finance Teams Can Overcome AI Fear and Build Real Use Cases That Work with Josh Schauer

Wed, 08 Apr 2026 05:00:00 -0600

In this episode of Future Finance, Paul Barnhurst and Glenn Hopper are joined by Josh Schauer to explore how AI is being adopted in finance and why many teams are still hesitant. They discuss the gap between understanding AI’s importance and actually using it, along with the challenges around data quality, risk, and expectations of accuracy.

Josh Schauer is the CFO at insightsoftware, where he leads financial strategy and operations. He previously served as SVP of Finance from 2020 to 2024 and led Financial Planning and Consolidation at Longview before its acquisition by insightsoftware. Josh has extensive experience in FP&A, consolidation, and finance transformation, and holds a Bachelor’s degree in Accounting from the University of Wisconsin–La Crosse.

In this episode, you will discover:

Why are finance teams slow to adopt AI despite knowing its importance
Why AI should be treated as a teammate, not a replacement
How poor data and broken processes limit AI’s value
Practical use cases for AI in FP&A, including variance analysis
How scenario planning can be done faster using AI

Josh emphasizes that AI is not a shortcut. It works best when built on strong data, clear processes, and a thoughtful approach. While the pressure to adopt AI is real, the focus should be on using it in a practical way that improves decision-making and productivity without compromising accuracy.

Follow Josh:

LinkedIn: https://www.linkedin.com/in/josh-schauer-51b18b115/

Website: https://insightsoftware.com/

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:35] – Josh Schauer Background

[03:02] – AI in Finance & Accounting for Dummies

[05:57] – AI as a Teammate, Not a Threat

[07:09] – AI as a Thought Partner

[10:01] – Why Finance Teams Struggle with AI

[11:51] – Evolution of FP&A

[14:30] – RevOps & Finance Alignment

[16:41] – AI Use Cases in Finance

[19:20] – Agentic AI & Future Direction

[22:31] – Process, Data & AI Limitations

[28:52] – AI Questions & Closing

What Every Finance Student Should Learn Before Graduating with Riley Edwards

Tue, 07 Apr 2026 05:00:00 -0600

In this episode of Financial Modeler’s Corner, Paul Barnhurst sits down with Riley Edwards to discuss what it’s like starting out in financial modeling and how those skills carry into real-world financial planning. The conversation covers early mistakes, learning experiences, and the importance of presenting financial information clearly. Riley shares his journey from studying finance to working in wealth management, along with how financial modeling helped him build confidence, improve communication, and handle client conversations more effectively.

Riley Edwards is a Financial Planning professional at IG Private Wealth Management, working with Fox-Revett Heslegrave & Associates. He is an Adrian College alumnus and is currently building his career in the financial planning industry. Based in Schomberg, Ontario, Canada, he focuses on helping clients understand their finances and make better decisions through clear analysis.

Expect to Learn

What early mistakes in financial modeling look like and how to fix them
Why understanding the basics is more important than just building models
How financial modeling improves confidence in professional settings
Why presentation skills matter just as much as technical skills
How modeling helps handle difficult client conversations

Here are a few quotes from the episode:

“Learning modeling is easier when you have people around you to share ideas and solve problems together.” - Riley Edwards
“Financial modeling is not just about numbers. It’s about understanding where you are today and where you’re going tomorrow.” - Riley Edwards

Financial modeling is not just about spreadsheets. It’s about turning numbers into something people can understand and use. As Riley explains, the real value comes from how you present and communicate that information, especially when the conversation is not easy.

Follow Riley:

LinkedIn: https://www.linkedin.com/in/rileyedwards0405/

Company’s Website: https://www.foxrevettassociates.com

Follow Financial Modeler's Corner:

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/

Newsletter - Subscribe on LinkedIn -https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.

In today’s episode:

[02:57] – First Modeling Mistake

[05:07] – Getting Started in Financial Modeling

[07:29] – Learning Experience & Education

[10:04] – Most Rewarding Part of Modeling

[12:23] – Importance of Presentation Skills

[13:37] – Challenges in Learning Modeling

[15:29] – Current Role in Wealth Management

[17:38] – Personal Motivation & Background

[19:00] – Using Modeling in Client Work

[21:18] – AI in Learning & Modeling

[25:18] – Excel Tips & Shortcuts

[27:28] – Rapid Fire Round

How AI Agents are Reshaping the Finance Tech Stack with Josh LaSov

Thu, 02 Apr 2026 05:00:00 -0600

In this episode of FP&A Unlocked, Paul Barnhurst is joined by Josh LaSov to explore how FP&A is evolving with data, BI, and AI. They discuss how finance professionals can move beyond traditional reporting by combining financial and operational data, and why understanding data at a deeper level is now essential. Josh shares how AI is changing analysis, forecasting, and workflows, and how FP&A teams can use it to increase productivity and deliver faster insights.

Josh LaSov is an FP&A and data professional with experience in consulting, ERP implementations, and analytics. He has implemented NetSuite and FP&A tools across many companies and previously co-founded Satori Reporting, a BI platform for NetSuite users that was later acquired by private equity. He is now the founder of Causi AI, where he focuses on building AI agents to help finance teams automate analysis, processes, and forecasting.

Expect to Learn:

What makes FP&A professionals stand out today
Why combining financial and operational data is critical
How BI tools expand the role of FP&A
How AI is improving analysis, forecasting, and workflows

Here are a few relevant quotes from the episode:

“AI helps you save a lot of time, but the judgment and analysis still need to be done by you.” - Josh LaSov
“You can’t explain why numbers changed if you don’t understand the data behind them.” - Josh LaSov

Josh highlights that FP&A is no longer just about building reports or models. The role is shifting toward deeper analysis and faster decision-making. While AI can handle large amounts of data and speed up workflows, the real value still comes from understanding the business and communicating insights clearly.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Josh:

LinkedIn: https://www.linkedin.com/in/josh-lasov-7897334/

Homepage: https://www.cauzzy.ai/

AI Agent Marketplace: https://marketplace.cauzzy.ai/

YouTube Channel: https://www.youtube.com/@cauzzyAI

Follow Glenn:

LinkedIn: linkedin.com/in/glenntsnyder

Earn Your CPE Credit

In Today’s Episode

[02:25] – Introducing Josh LaSov

[04:59] – What Great FP&A Looks Like

[09:52] – Building Satori Reporting

[13:19] – BI Tools and Reporting Challenges

[16:25] – Introduction to Causi AI

[25:05] – AI Agents and Accuracy Challenges

[29:22] – How FP&A Should Use AI

[36:10] – AI Tech Stack & Future Direction

[43:05] – Key Skills for FP&A

[46:53] – Get To Know Function

AI Governance for Board Directors to Fix Risk Exposure with Actionable Tools - Shannon Nash

Wed, 01 Apr 2026 05:00:00 -0600

In this episode of Future Finance, Paul Barnhurst and Glenn Hopper are joined by Shannon Nash to discuss how finance roles are evolving and how AI is changing the way businesses operate. They talk about Shannon’s career journey, the importance of understanding operations, and how companies are handling AI at different levels.

Shannon Nash is a CPA, attorney, and experienced C-suite leader. She has worked as CFO at companies like Wing, Reputation.com, and Inside Source. She is now a Partner at Alpha AI, focusing on AI governance for executives and boards.

In this episode, you will discover:

Why career paths are not linear anymore
Why finance leaders need to understand operations
How AI is being used across companies
The gap between AI usage and leadership awareness
What CFOs need to manage when it comes to AI
Key questions boards should ask about AI

AI is becoming part of everyday business, but many companies are still catching up when it comes to managing it properly. Understanding where AI is used and how it’s controlled is becoming essential for leaders.

Follow Shannon:

LinkedIn: https://www.linkedin.com/in/shannonknash/

Podcast: https://www.noboxesjustverses.com/

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:03] – Shannon Nash Background

[05:54] – Why Switching Careers Is the New Normal

[09:00] – Finance Leaders & Operations Mindset

[08:33] – From AI Tools to AI Strategy

[14:26] – The Challenge of Catching Up with AI

[20:00] – How Boards Should Approach AI Oversight

Excel Will Never Be the Same Again after AI Copilot with Brian Jones

Tue, 31 Mar 2026 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst sits down with Brian Jones to explore how Excel is evolving in the era of AI and large language models. They discuss how Copilot, agent mode, and AI-driven capabilities are transforming the way users build, analyse, and improve spreadsheets. Brian shares insights into how Excel is becoming more like a developer tool and how AI can automate repetitive tasks while enhancing productivity for both beginners and advanced users.

Brian Jones is the Vice President of Microsoft Excel, Forms, and Office Platforms. He has been with Microsoft since 1999, working across multiple productivity products, including Word, Office Forms, and developer extensibility tools. In his current role, Brian leads a global team responsible for Excel and related platforms, driving innovation and integrating AI capabilities like Copilot and agent mode into the product ecosystem.

Expect to Learn

What “agent mode” means and how it enables automation in spreadsheets
How AI can help analyse, fix errors, and improve financial models
Why Excel still requires strong logic and formula knowledge
How different AI models impact outputs and workflows in Excel Edge

Here are a few quotes from the episode:

“Excel really is like a developer tool. When you're writing formulas, you're essentially coding.” – Brian Jones
“It’s not just about building from scratch, it’s about improving what you already have.” – Brian Jones

Excel is evolving into a more intelligent and interactive platform where AI acts as a powerful assistant rather than a replacement. From fixing broken references to building dashboards and automating workflows, tools like Copilot and agent mode are helping users work faster and smarter

Follow Brian:

LinkedIn: https://www.linkedin.com/in/brijones/

Website: https://learn.microsoft.com/en-us/archive/blogs/brian_jones/

Follow Financial Modeler's Corner:

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.

In today’s episode:

[00:51] – Introducing Brian Jones

[02:50] – Returning to the Excel Team

[04:05] – AI & the Future of Excel

[06:38] – Customer Questions About Copilot

[10:22] – Agent Mode Explained

[11:41] – Modeling the community about the Excel agent

[13:14] – AI Models & Output Differences

[17:16] – Final Thoughts

AI Strategy Finance Leaders Must Use to Avoid Siloed Tools and Failed Adoption with Vikram Bhandari

Thu, 26 Mar 2026 05:00:00 -0600

In this episode of FP&A Unlocked, Paul Barnhurst and Glenn Snyder are joined by Vikram Bhandari to explore how organizations should approach AI in finance and FP&A. They discuss why most companies fail with AI adoption, the importance of enterprise-wide strategy over siloed tools, and how finance teams can evolve from reporting to forward-looking decision-making. Vikram shares practical insights on AI readiness, forecasting, and how leaders can leverage AI to drive better business outcomes.

Vikram is the Chief Technology & Innovation Officer at Riveron, where he leads AI, digital transformation, and finance modernization initiatives. With nearly 25 years of experience, Vikram works closely with CFOs to transform finance functions through technology. He previously served as the President and CEO of Yantra, a company he founded and led for over 15 years before its acquisition by Riveron.

Expect to Learn:

Why most AI implementations fail and how to avoid common mistakes
The importance of enterprise AI strategy vs. siloed tool adoption
How FP&A is evolving into a forward-looking, decision-making function
What it takes to prepare your data, processes, and governance for AI

Here are a few relevant quotes from the episode:

The real question is not which AI tool is best, it’s whether your finance architecture is ready to absorb AI.” - Vikram Bhandari
If you treat AI as a feature, you get incremental gains. If you treat it as a strategy, you get competitive advantage.” - Vikram Bhandari

Vikram emphasizes that AI should be treated as a capability multiplier rather than a shortcut. He highlights the importance of strong data foundations, governance, and enterprise strategy to unlock real value. The episode reinforces that the future of FP&A lies in combining machine intelligence with human judgment to drive better, faster decisions.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Vikram:

LinkedIn: https://www.linkedin.com/in/vikrambhandari/

Company: https://riveron.com/

Website: https://www.tutorialspoint.com/

Follow Glenn:

LinkedIn: linkedin.com/in/glenntsnyder

Earn Your CPE Credit

In Today’s Episode

[02:08] – Introducing Vikram Bhandari

[03:16] – What Great FP&A Looks Like

[05:21] – AI in Finance Today

[05:09] – Why Most AI Implementations Fail

[11:05] – Enterprise AI Strategy vs. Siloed Tools

[15:16] – AI Readiness: Data, Decisions, Governance

[17:54] – AI Forecasting: Calibration & Trust

[23:14] – Skills Finance Needs in an AI World

[34:24] – AI Agents, Excel, and Productivity vs. Strategy

[41:40] – Final Advice on AI Strategy

[47:52] – Closing Thoughts

AI Governance for CFOs to Control Board Risk and Lead Strategic Transformation with Shannon Nash

Wed, 25 Mar 2026 05:00:00 -0600

In this episode of Future Finance, host Paul Barnhurst is joined by Glenn Hopper and special guest Shannon Nash to explore how AI is transforming the role of finance leaders and boardrooms. The conversation dives into AI adoption, governance, and the shift from traditional finance responsibilities to more strategic, decision-driven roles.

Shannon Nash is a global C-suite leader, CPA, attorney, and board director with over 30 years of experience across finance, technology, and governance. She is a Partner at Alpha AI, where she helps organizations strengthen AI governance and strategic decision-making. Shannon has served as CFO at companies like Wing, Reputation.com, and Inside Source, and currently sits on multiple boards, including SoFi Bank and NetScout Systems.

In this episode, you will discover:

Why finance professionals must continuously retool in the age of AI
How AI is changing the role of CFOs and decision-making
The importance of AI governance at the board level
How to manage AI investment alongside “AI sprawl.”
What key questions boards should be asking about AI

AI is rapidly evolving from a tool that supports workflows to one that actively drives decisions. As Shannon highlights, this shift requires stronger governance, better alignment between leadership and operations, and a proactive approach from both CFOs and boards. The future of finance will belong to those who can balance innovation with control and strategy with execution.

Follow Shannon:

LinkedIn: https://www.linkedin.com/in/shannonknash/

Podcast: https://www.noboxesjustverses.com/

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[02:37] – Shannon Nash Background

[04:53] – Career Journey & Non-Linearity

[09:00] – Finance Leaders & Operations Mindset

[11:44] – AI & Alpha AI

[17:47] – AI Across Companies

[24:32] – AI Governance & Board Questions

[31:31] – AI in Decision-Making

[35:26] – Shannon’s Podcast

[42:22] – AI Questions & Closing

AI Builds Obsession for Financial Modelers to Refocus on Specification Testing and Trust Now

Tue, 24 Mar 2026 05:00:00 -0600

In this episode of The ModSquad, Ian Bennett, Partner at PwC, joins Paul Barnhurst, Giles Male, and Ian Schnoor to discuss the rapid changes happening in financial modeling with the rise of AI. The team explores how AI tools like Claude are revolutionizing the industry, the critical role of strong modeling skills, and the ongoing importance of trust in financial modeling. They also touch on the future of Excel in the age of AI and how professionals can adapt to stay ahead in this rapidly changing landscape.

Ian Bennett is a Partner at PwC, leading Deals Modeling in Australia and globally. With over 25 years of experience, Ian has built and reviewed complex models for transactions, infrastructure, finance transformations, and BAU forecasting across Australia and the UK. Ian is a founding member of the Financial Modeling Institute's (FMI) Advisory Council and a member of FMI's Financial Modeling Global Leaders Council. He is also the lead author of PwC’s Global Financial Modeling Guidelines.

Expect to Learn

How AI tools like Claude are reshaping the financial modeling process.
The crucial role of human oversight and strong modeling skills, even with advanced AI.
Why AI in financial modeling is seen as an augmentation tool rather than a replacement.
How the role of financial modelers is evolving in the age of AI and automation.
What the future holds for Excel, and how AI integration is transforming it.

Here are a few quotes from the episode:

“We all trade in trust. Whether you use AI or not, it’s your name behind it. That’s the most valuable thing in our profession.” - Ian Bennett
“Financial modeling is so much more than just building a calculator in a spreadsheet. It’s a profession, it’s a discipline, it’s a career.” - Ian Bennett

Claude and other AI tools are significantly enhancing the way financial modeling is done, but as Ian Bennett highlights, trust and deep foundational knowledge remain critical. The future of financial modeling isn’t about AI replacing human modelers; it’s about how professionals can use AI to work smarter, faster, and more accurately.

Follow Ian:

Follow Giles:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

Follow Ian Bennett:

LinkedIn - https://www.linkedin.com/in/ianrbennett/

Website - https://www.pwc.com.au/deals/modelling.html

In today’s episode:

[02:10] – Introducing Ian Bennett

[07:00] – Testing Claude in Excel

[10:10] – Focusing Beyond the Build Phase

[14:00] – How AI is Enhancing Modeling Phases

[17:30] – The Importance of Reviewing AI-Generated Models

[19:45] – Trusting AI: Augmentation vs. Replacement

[25:00] – Rethinking the Role of Financial Modelers

[30:00] – The Future of Excel and AI Agent Mode

[33:00] – Reinventing the Financial Modeling Profession

[36:00] – The Future of Excel in the AI Era

[39:30] – Final Thoughts

How CFOs Are Using the Return on Change to Fix Failing Projects and Rethink ROI with Vincent & Ilana

Thu, 19 Mar 2026 05:00:00 -0600

In this episode of FP&A Unlocked, Paul Barnhurst is joined by Vincent Messina and Ilana Esterrich to discuss how organizations should approach ROI and transformation. They dive into why traditional ROI methods often fail, the concept of Return on Change, and how financial leaders can better manage software implementations and drive business outcomes.

Vincent is a seasoned enterprise software sales leader with over 25 years of experience. Vincent is currently the Northeast Director of business development at UHY, a CPA firm, and works on advising CFOs through his partnership with UHY. Ilana is the Chief Financial Officer at Planned Parenthood Federation of America, where she oversees a comprehensive portfolio, including accounting, treasury, compliance, and financial planning.

Expect to Learn:

Why ROI calculations often fail and how Return on Change provides a more effective approach.
How to align financial decisions with business outcomes.
The evolving role of FP&A professionals in driving decisions beyond traditional reporting.
Key strategies for managing change during financial transformations.

Here are a few relevant quotes from the episode:

“The real value comes when technology enables people to do different, more impactful work.” - Vincent Messina
“As CFOs, our job is to help guide the organization by providing the right insights for informed decision-making.” - Ilana Esterrich

Vincent Messina and Ilana Esterrich emphasize the importance of shifting from traditional ROI to Return on Change in financial transformations. They highlight the crucial role of FP&A professionals in driving strategic decisions and managing change effectively.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Vincent:

LinkedIn: https://www.linkedin.com/in/vmessina/

Company: https://uhy-us.com/

Follow Ilana :

LinkedIn: https://www.linkedin.com/in/Ilanaesterrich/

Website: https://www.plannedparenthood.org/

Earn Your CPE Credit

In Today’s Episode

[02:30] – Introducing Vincent Messina

[02:55] – Introducing Ilana Esterrich

[05:00] – What Great FP&A Looks Like

[08:00] – Why ROI Fails in Transformations

[13:00] – Shifting from ROI to Return on Change

[19:00] – The Importance of Consensus in Transformation

[25:00] – Business Outcomes vs. Software Decisions

[30:00] – How to Make Change Work

[35:00] – Mindset Shifts in CFOs and FP&A

[40:00] – Final Thoughts

How Augmented Intelligence Will Replace AI Hype in Finance with John Thomas

Wed, 18 Mar 2026 05:00:00 -0600

In this episode of Future Finance, hosts Glenn Hopper and Paul Barnhurst are joined by John Thomas Foxworthy, the founder and CEO of the Global Institute of Data Science (GIDS). John discusses the role of augmented intelligence in the future of AI, particularly in finance, and shares his insights from his book The Augmented Intelligence Revolution: How Leaders Win in the AI Century.

John Thomas is the Founder and CEO of the Global Institute of Data Science (GIDS), a consulting and professional development organization focused on helping organizations successfully implement AI and data science initiatives. He serves as a Fractional Chief AI Officer for Fortune 500 companies and teaches AI and machine learning courses at Caltech CTME and UC San Diego Extended Studies.

In this episode, you will discover:

The role of augmented intelligence in finance
How GIDS helps companies implement AI
Overcoming AI adoption challenges and cognitive biases
The evolution of machine learning and AI terminology
How AI enhances decision-making and operations in finance

John highlights how the rapid evolution of AI can create challenges in its adoption, especially within complex industries like finance. The Global Institute of Data Science addresses these issues by focusing on feasibility studies, AI strategy, and tackling cognitive biases, ensuring the successful integration of AI in business operations.

Follow John:

GIDS: https://gidsco.substack.com

LinkedIn: https://www.linkedin.com/in/john-thomas-foxworthy-m-s-data-science-1718073/

Future Alpha Event: https://www.alphaevents.com/events-futurealphaglobal/agenda-page/filter?_gl=1*1j0347f*[…]ovIhoCWOYQAvD_BwE&gbraid=0AAAAAomEzrlLzh-epjUJjbfXNnASlChga

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:50] – John’s Background and Expertise

[03:11] – The Augmented Intelligence Revolution

[05:40] – Machine Learning vs. Augmented Intelligence

[08:45] – The Global Institute of Data Science

[11:04] – Feasibility Studies in AI Projects

[15:17] – Managing AI Expectations

[17:18] – Closing Thoughts and Book Release

How Microsoft is Making Excel an AI-Powered Platform with Product Manager Brian Jones

Tue, 17 Mar 2026 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst sits down with Brian Jones, Vice-President: Microsoft Excel, Forms, Office Platforms, to discuss how Excel is evolving in the era of AI and large language models. They explore how Copilot, agent mode, and AI-driven features are reshaping how professionals build, analyse, and improve spreadsheets. Brian also shares insights into how AI can assist financial modelers, automate tedious spreadsheet tasks, and help users understand complex workbooks faster.

Brian Jones is the Vice-President: Microsoft Excel, Forms. He has worked at Microsoft since 1999 across several productivity platforms, including Word, Office Forms, and developer extensibility tools. In his current role, Brian leads the Excel product team as they integrate AI capabilities like Copilot and agent mode to expand what users can accomplish inside spreadsheets.

Expect to Learn

How AI and Copilot are changing the Excel user experience
What “agent mode” means for automating spreadsheet tasks
How AI can help analyse and improve financial models
Why Excel still requires strong modeling and formula knowledge
How skill sheets and templates can guide AI inside workbooks

Here are a few quotes from the episode:

“Excel really is like a developer tool. When you're writing formulas, you're essentially coding.” – Brian Jones
“One of the strengths of Excel is that the work is visible. You can see the formulas, the logic, and how the result was produced.” – Brian Jones

Brian explains how AI is transforming Excel from a traditional spreadsheet tool into a more collaborative environment where users can interact with their data through conversation. Copilot can analyse spreadsheets, suggest formulas, correct errors, and even rebuild broken references automatically.

Follow Brian:

LinkedIn: https://www.linkedin.com/in/brijones/

Website: https://learn.microsoft.com/en-us/archive/blogs/brian_jones/

Follow Financial Modeler's Corner:

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/

Newsletter - Subscribe on LinkedIn -https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.

In today’s episode:

[02:53] – Brian’s Background at Microsoft

[03:09] – Returning to the Excel Team

[04:24] – The Rise of AI and LLMs in Excel

[07:08] – Customer Questions About Copilot

[10:39] – AI Rollouts and Product Updates

[12:03] – How modelers Are Using Excel AI

[17:52] – What Skill Sheets Are and Why They Matter

[23:07] – Power Query and Excel Programming Languages

[30:51] – Do We Still Need to Learn Formulas

[36:07] – Getting the Most Out of Copilot

[38:40] – Favorite Excel Shortcut and Functions

[41:31] – Where to Follow Brian

The Marketing Attribution Strategy for FP&A Teams to Take Control of Marketing ROI with Jeff Greenfield

Thu, 12 Mar 2026 05:00:00 -0600

In this episode of FP&A Unlocked, host Paul Barnhurst is joined by Jeff Greenfield, an entrepreneur, advisor, and founder of Provalytics, a leading attribution and measurement solution. Jeff discusses marketing attribution, the challenges marketers face in proving the impact of their campaigns, and the evolving role of FP&A in understanding marketing spend. He shares his entrepreneurial journey, from building an SEO platform to leading Provalytics in providing marketers with a single source of truth for their efforts.

Jeff Greenfield is the co-founder and CEO of Provalytics, a "cookie-less" attribution solution that helps marketers demonstrate the value of upper-funnel channels like CTV, podcasting, and more. Before founding Provalytics, Jeff built and led multiple digital marketing companies, pioneering the use of data-driven approaches to improve marketing performance.

Expect to Learn:

The challenges marketers face in proving campaign ROI and how to overcome them
Why FP&A professionals should understand marketing’s data models
How marketers and finance teams can align on data-driven goals
How to ensure marketing budgets are being spent effectively

Here are a few relevant quotes from the episode:

“A great FP&A relationship is when marketing can demonstrate that their efforts are working and walk away with the budget they need.” – Jeff Greenfield
“It’s important to understand that marketing is not just about clicks, it’s about capturing attention.” – Jeff Greenfield

Jeff Greenfield shared valuable insights on the challenges of marketing attribution and how finance teams can collaborate with marketing to ensure efficient budget allocation. He emphasized the importance of understanding marketing data and aligning on a common measurement framework for better decision-making.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Jeff:

LinkedIn: https://www.linkedin.com/in/jeffgreenfield/

Company: https://provalytics.com/

Earn Your CPE Credit

For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions and earn your CPE certification. To earn education credits for FPAC Certificate, take the quiz on earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[02:40] – Jeff’s Background

[03:33] – What Does Great FP&A Look Like?

[08:21] – Measuring Revenue from Podcasts

[11:25] – From Chiropractic to Marketing

[15:10] – Founding Provalytics: Marketing Attribution

[18:48] – The Google Tax in Attribution

[29:46] – Why Google Isn't Enough Anymore

[37:49] – AI and Podcast ROI

[41:07] – Top Technical Skill for FP&A

[48:00] – Last Questions & Final thought

How Finance Leaders Can Stop AI Failure and Adopt Augmented Intelligence with John Thomas

Wed, 11 Mar 2026 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper explore how leaders can cut through the hype around artificial intelligence and focus on real-world impact. The conversation dives into why so many AI initiatives fail, how cognitive biases affect AI adoption, and why finance professionals must learn to ask better questions before deploying models.

In this episode, you will discover:

Why 85% of AI projects fail and how to avoid
The difference between AI hype and real implementation
How augmented intelligence improves human decision-making
Why asking the right questions about AI models matters most
How AI can help with risk analysis and financial decision-making

This episode highlights that successful AI adoption is not about chasing the latest technology trends but about asking better questions, understanding assumptions, and focusing on real business problems. As AI continues to evolve, finance leaders who combine human judgment with intelligent systems will be best positioned to turn AI from hype into measurable results.

Follow John:

GIDS: https://gidsco.substack.com

LinkedIn: https://www.linkedin.com/in/john-thomas-foxworthy-m-s-data-science-1718073/

Future Alpha Event: https://www.alphaevents.com/events-futurealphaglobal/agenda-page/filter?_gl=1*1j0347f*[…]ovIhoCWOYQAvD_BwE&gbraid=0AAAAAomEzrlLzh-epjUJjbfXNnASlChga

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[03:05] – Meet John Thomas

[04:11] – Augmented intelligence explained

[11:21] – Global Institute of Data Science

[15:18] – Why AI projects fail

[21:29] – Understanding AI models

[24:45] – AI in portfolio risk analysis

[30:16] – Best advice for finance leaders

[32:15] – Rapid-fire questions & wrap-up

Tips For Aligning the Forecasting Process between Finance and Operations with Amber Johnson

Tue, 10 Mar 2026 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst sits down with Amber Johnson to discuss forecasting, financial modeling, and how operational decisions impact financial outcomes. They explore the connection between logistics forecasting and financial forecasting, the importance of tracking forecast accuracy and bias, and how small operational issues can create large financial impacts. Amber also shares lessons from her experience working with data, forecasting demand, and helping businesses improve their systems and decision-making.

Amber Johnson is a fractional industrial engineer and the founder of Peachy Profitability, where she helps teams work smarter through process improvement, data storytelling, and automation. She began her career as a “beer psychic,” forecasting demand at Anheuser-Busch, and has since built logistics networks, optimized warehouse flows, and guided businesses through transformational change. Amber is also the creator of Office Hours with Amber, a weekly livestream that encourages continuous improvement with curiosity and confidence.

Expect to Learn

How logistics forecasting connects to financial forecasting
Why forecast accuracy and bias matter in decision-making
How operational drivers influence financial results
Ways finance, sales, and logistics teams can align better
How Excel and data analysis support forecasting and planning

Here are a few quotes from the episode:

“Sometimes the smallest operational issue becomes the biggest financial problem later.” – Amber Johnson
“Good forecasting isn’t about being perfect, it’s about learning and adjusting.” – Amber Johnson

Amber Johnson shared practical insights on forecasting, operational drivers, and financial modeling. She highlighted how understanding logistics and operational data can improve financial decisions and help businesses plan more effectively.

Follow Amber:

LinkedIn: https://www.linkedin.com/in/ambernjohnsonwmu/

Website: https://peachyprofitability.com/

Follow Financial Modeler's Corner:

LinkedIn Page - https://www.linkedin.com/company/financial-modeler-s-corner/

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.

In today’s episode:

[02:23] – Amber’s Background

[08:21] – Founding Peachy Profitability

[10:38] – Learning Excel and Forecasting

[15:37] – Logistics vs Financial Forecasting

[18:59] – Forecast Accuracy and Bias

[23:59] – Finance vs Logistics Perspectives

[31:41] – Aligning Teams Around Goals

[36:07] – Favourite Excel Shortcuts

[37:46] – Rapid Fire: modeling Opinions

[44:39] – Where to Find Amber

Practical Charts for Finance Teams to Turn Data Visuals into Strategic Tools with Nick Desbarats

Thu, 05 Mar 2026 05:00:00 -0600

In this episode, host Paul Barnhurst is joined by Nick Desbarats, a data visualisation expert, bestselling author, and independent educator, to discuss data visualisation. Nick talks about the skills needed to create effective charts, how to avoid common mistakes, and the importance of understanding the "job" of a chart. He shares his journey from software executive to becoming an authority in the field and explains why the true skill of visualising data goes beyond knowing the software.

Nick is the author of Practical Charts (Amazon #1 New Release) and the upcoming Practical Dashboards. He has taught thousands of professionals globally, including teams at NASA, Bloomberg, Visa, the United Nations, Shopify, and more. He is also the first educator authorised by Stephen Few to teach his foundational data visualisation workshops.

Expect to Learn:

Why understanding the "job" of a chart is more important than the data itself
The key skills needed for creating effective charts
Common mistakes in data visualisation and how to avoid them
Why empathy for your audience is crucial when designing visuals
How to decide when to use default charts vs. creating custom visuals

Here are a few relevant quotes from the episode:

“The real job of a chart is to serve people, not the software.” – Nick Desbarats
“Data visualisation is not about the tool, it’s about the message you want to convey.” – Nick Desbarats

Nick Desbarats shared valuable insights on creating effective data visualisations, emphasizing the importance of understanding the purpose behind each chart. He highlighted key skills, common mistakes, and the need for empathy with your audience.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Nick:

LinkedIn: https://www.linkedin.com/in/nickdesbarats/

Company: https://www.practicalreporting.com/

Earn Your CPE Credit

In Today’s Episode

[03:33] – Nick’s Background

[05:32] – Key Skills for Data Visualisation Experts

[09:50] – Executive to Data Viz Educator

[12:35] – Book Recommendations

[19:35] – Moving Beyond “It Depends”

[26:08] – Common Finance Chart Mistakes

[34:13] – The Pie Chart Dilemma

[37:54] – AI in Data Visualisation

[45:56] – Chart Type Selection Skills

[58:30] – Final Wrap-up

The Human-in-the-Loop AI Is the Future of Finance Automation with Riya Grover

Wed, 04 Mar 2026 05:00:00 -0600

In this highlights episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper chat with Riya Grover about how AI is transforming order-to-cash workflows. Riya shares insights into billing automation, revenue operations, and the evolving role of finance teams. She also discusses her entrepreneurial journey and the evolution of Sequence, the first agentic AR platform, which is revolutionizing B2B pricing and contracts.

Riya Grover is the Co-founder and CEO of Sequence, an AI platform automating accounts receivable for B2B companies. Backed by a16z with $40M raised, Sequence streamlines quoting, billing, invoicing, and revenue recognition. Before Sequence, Riya founded Feedr, a venture-backed company acquired by Compass Group in 2020. She holds an MBA from Harvard and a BA from Oxford University.

In this episode, you will discover:

The role of AI in automating order-to-cash workflows
How Sequence helps B2B companies with custom pricing and revenue operations
Insights into building and scaling a venture-backed company
Why talent density is key to scaling businesses

Follow Riya:

LinkedIn: https://www.linkedin.com/in/riya-grover-a22a4822/

Website: https://www.sequencehq.com/

Sequence Series A Fundraising: Announcement

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:26] – Riya’s background

[04:05] – Challenges of a Two-Sided Marketplace

[05:57] – Building Sequence: AI for AR

[10:00] – Human Oversight vs. AI Automation

[12:52] – Revolutionizing Billing & Invoicing

[14:18] – Defining Workflow Rules for AI

[19:23] – Final Thoughts

Why Structure and Design are Critical Elements of Trust and Credibility in Financial Modeling with Nick Boberg

Tue, 03 Mar 2026 05:00:00 -0600

In this episode of Financial Modeler's Corner, host Paul Barnhurst chats with Nick Boberg, a financial modeler and consultant based in Hamilton, New Zealand. Paul and Nick explore the essentials of building well-structured, effective financial models. They discuss Nick’s approach to simplicity and consistency, the importance of clarity in model design, and the role of competition in refining one’s Excel and modeling skills.

Nick is a financial modeler and the co-founder of Boberg Advisory, a consultancy that specializes in providing financial modeling services to SMEs. With extensive experience as Finance Director at Anglesea Hospital and Associate Director at PwC, Nick has built and reviewed hundreds of models, many focused on cash flow forecasting, budgeting, and management reporting. He is also an accomplished competitor in the Financial Modeling World Cup and the Microsoft Excel World Championships, where he has achieved finalist and semifinalist placements.

Expect to Learn

Why structure and consistency are key in financial modeling
The role of simplicity in building models
Insights from Nick’s competitive modeling career
How to balance technical expertise with user-friendly design

Here are a few quotes from the episode:

"The beauty of financial modeling lies in its simplicity. If you can make a model both functional and easy to follow, you've mastered it." - Nick Boberg
"Consistency in formatting is key. A model that looks clean and well-structured builds trust with the user, especially when it's used for important decision-making." - Nick Boberg

Nick shares that the core of building great financial models lies in structure and simplicity. He emphasizes the importance of creating models that are not only accurate but also easy to follow and understand. Whether in competition or in client work, Nick highlights that clear, well-structured models make a real difference in their effectiveness and usability.

Follow Nick:

LinkedIn: https://www.linkedin.com/in/nickboberg/

Company: https://www.linkedin.com/company/boberg-advisory/

Follow Financial Modeler's Corner:

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/

Newsletter - Subscribe on LinkedIn -https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.

In today’s episode:

[03:30] – Worst Modeling Experience

[08:08] – Running Boberg Advisory

[12:11] – Competing in Excel Championships

[17:42] – Importance of Structure

[20:00] – Risks of Complex Formulas

[23:20] – Avoiding Hard Codes

[27:13] – Building "Pretty" Models

[30:10] – Dynamic Arrays in modeling

[36:05] – Rapid fire Section

[40:54] – Last Question & Wrap up

How HR & FP&A Teams Build Trust to Improve Decision-Making & Business Performance with Deborah & Cynthia

Thu, 26 Feb 2026 05:00:00 -0600

In this episode of FP&A Unlocked, hosts Paul Barnhurst and Glenn Snyder are joined by HR leaders Cynthia Kenny and Deborah Hill to discuss the important partnership between HR and FP&A. They explore how aligning goals across departments can drive organizational success, share personal stories about career development, and highlight the importance of trust and collaboration.

Cynthia Kenny is a CHRO and C-suite partner with over 30 years of experience in human resources, focusing on change management and organizational transformation. Deborah Hill is an HR leader with over 10 years of experience leading HR teams in tech-focused and tech-enabled companies. She specializes in building culture and driving talent initiatives, and has managed businesses with revenues ranging from $400M to $5B.

Expect to Learn:

How HR and FP&A can partner to drive organizational success
The importance of aligning company, team, and individual goals
Best practices for goal-setting and performance management
Why flexibility is important when managing goals throughout the year
How to build trust and collaboration between HR and FP&A

Here are a few relevant quotes from the episode:

“Great FP&A is about turning financial data into actionable insights for business leaders.” - Deborah Hill
“Real success happens when HR and FP&A work together, understanding each other’s worlds and creating synergy.” - Cynthia Kenny

Cynthia Kenny and Deborah Hill provided valuable insights on the critical partnership between HR and FP&A, emphasizing the importance of aligning goals across departments to drive organizational success. They discussed how clear, actionable goals can lead to better decision-making, stronger collaboration, and improved business outcomes.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Deborah:

LinkedIn: https://www.linkedin.com/in/deborah-hill-8a24771/

Company: https://www.linkedin.com/company/american-tire-distributors/

Follow Cynthia:

LinkedIn: https://www.linkedin.com/in/cynthiakennymaccp/

Company: https://www.linkedin.com/company/sunland-asphalt/

Follow Glenn:

Linkedin: https://www.linkedin.com/in/glenntsnyder

Earn Your CPE Credit

In Today’s Episode

[05:44] – What Great FP&A Looks Like

[10:07] – COVID Finance & HR Decisions

[16:55] – Hiring, Headcount & Data Issues

[23:49] – HRIS, ERP & Source of Truth

[27:29] – Aligning Corporate & Individual Goals

[36:07] – Flexible Performance Management

[47:56] – Effective Goal-Setting Practices

[59:17] – Final Takeaways & Career Growth

How Modern Finance Teams Are Automating Billing and Revenue Workflows with AI Tools - Riya Grover

Wed, 25 Feb 2026 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper sit down with Riya Grover to explore how AI is transforming order-to-cash workflows. The conversation explores billing automation, revenue operations, and the evolving role of finance teams. Riya shares her entrepreneurial journey and how Sequence is building the first agentic AR platform. This episode is packed with practical insights for modern finance leaders navigating AI adoption.

Riya Grover is the Co-founder and CEO at Sequence. Sequence, backed by a16z with $40M raised, is building the first agentic platform for accounts receivable. The company helps B2B businesses automate quoting, billing, invoicing, and revenue recognition, especially for complex pricing and custom contracts. Prior to Sequence, Riya founded Feedr, a venture-backed company that exited to Compass Group in 2020. She holds an MBA from Harvard Business School and a BA in Economics and Management from Oxford University.

In this episode, you will discover:

Why building a two-sided marketplace is incredibly difficult
How modern B2B pricing models break traditional billing systems
The difference between deterministic systems and generative AI in finance
Why human-in-the-loop design is critical for financial AI agents
What the future finance tech stack will look like in the next five years

Riya explains how complex contracts, usage-based pricing, and custom deal structures create massive billing challenges for growing companies. Sequence solves this by combining deterministic billing foundations with AI-powered workflow agents. The discussion highlights where AI should and should not be used in finance operations. Trust, auditability, and human oversight remain central to successful AI implementation.

Follow Riya:

LinkedIn: https://www.linkedin.com/in/riya-grover-a22a4822/

Website: https://www.sequencehq.com/

Sequence Series A Fundraising: Announcement

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[02:05] – Riya’s Startup Journey

[06:55] – Marketplace Challenges

[08:28] – Modern Billing Gaps

[10:46] – AI in Finance

[13:10] – Human-in-the-Loop Design

[18:35] – ML vs. Gen AI

[24:26] – Series A & Scaling

[30:11] – Future Finance Stack

[35:15] – Rapid Fire & Wrap-Up

We Tested Claude Opus 4.6 and the Results were Super Impressive

Tue, 24 Feb 2026 05:00:00 -0600

In this episode of The ModSquad, Paul Barnhurst, Ian Schnoor, and Giles Male put Claude 4.6 to the test on real financial modeling accreditation cases. From three-statement forecasts to complex debt sculpting scenarios, the team examines just how far AI tools have come. The results are impressive, but not flawless. The discussion explores what this leap forward means for finance professionals and whether modeling is truly entering a new AI-assisted era.

Ian Schnoor is Executive Director of the Financial Modeling Institute (FMI), the global accreditation body for financial modeling professionals. He brings extensive experience in modeling, training, and industry standards. Giles Male is Co-Founder of Full Stack Modeller and a two-time Microsoft MVP. He specializes in Excel, financial modeling systems, and practical AI implementation.

Expect to Learn

How Claude 4.6 performs on real financial modeling accreditation cases
Where AI tools still make subtle but significant modeling errors
The difference between automation and augmentation in AI usage
Why strong modeling fundamentals remain essential
Practical ways to begin integrating AI into your modeling workflow

Here are a few quotes from the episode:

“I’m not even doing this from a testing perspective now. I’m just using it because it’s adding so much value.” – Giles Male
“Modeling is just as much about the process as it is about the end result.” – Ian Schnoor

Claude 4.6 marks a significant step forward in AI-assisted financial modeling, handling complex builds faster than ever before. However, subtle errors still highlight the need for strong technical knowledge and human oversight. The future of modeling isn’t replacement, it’s skilled professionals using AI to work smarter and deliver greater value.

Follow Ian:

Follow Giles Male:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

In today’s episode:

[04:06] – Testing Claude

[11:14] – Augmentation vs. Automation in Modeling

[18:14] – The Value of Documentation in Modeling

[28:43] – Debt Modeling with AI

[33:20] – Transition from Manual to AI-Enhanced Modeling

[38:16] – Testing with New Tools

[41:24] – Debt and Equity Modeling with AI

[46:45] – Claude's Progress & Areas for Improvement

[57:33] – Final Thoughts

FP&A Career Path for Finance Professionals to Become Strategic CFOs with Rey Del Valle

Thu, 19 Feb 2026 05:00:00 -0600

In this episode of FP&A Unlocked, host Paul Barnhurst sits down with Rey del Valle to discuss what it really takes to move from reporting the business to steering it. Rey shares lessons from more than 25 years across media, entertainment, ecommerce, and fintech, explaining why curiosity, collaboration, and driver-based modeling are essential to effective finance leadership.

Rey del Valle is a strategic CFO with deep roots in FP&A, having built his career at organizations such as FedEx, Norwegian Cruise Line, MTV Networks, and The Walt Disney Company. He has since served as CFO and advisor for companies including Ticketmaster, AXS, Guitar Center, OpenX, and several entertainment-focused fintech platforms.

Expect to Learn:

What great FP&A looks like beyond spreadsheets and reporting
The biggest mindset shift required when moving from FP&A to CFO
Why curiosity and operational understanding matter in finance
How collaboration plays a key role in successful turnarounds
How benchmarks and driver-based models uncover opportunities

Here are a few relevant quotes from the episode:

“FP&A is about taking data and turning it into actionable insight so the business can actually do something with it.” - Rey del Valle
“Our role in finance is not to look at numbers for their own sake, it is to help the company make better decisions.” - Rey del Valle

Rey shares practical insights on how FP&A teams can become stronger strategic partners by understanding business drivers, building models that support decision-making, and working closely with operations. He emphasizes that finance leaders create the most value when they listen first, stay curious, and help teams translate strategy into execution, especially during periods of change.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Rey:

LinkedIn - https://www.linkedin.com/in/reydelvalle/

Company - https://www.linkedin.com/company/everestadvisorsllc/

Earn Your CPE Credit

In Today’s Episode

[03:12] - What Great FP&A Really Means

[04:56] - Choosing the CFO Path

[07:49] - CFO of the Year Nomination

[10:00] - Architect vs Engineer in Finance

[13:38] - Execution and Overcommunication

[16:41] - Understanding Business Drivers

[21:26] - From Reporting to Steering

[29:03] - Finance Inside Operations

[33:25] - Turning Around a Business

Claude AI to Automate Bookkeeping with Real Business Workflows

Wed, 18 Feb 2026 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper discuss their latest experiences in the finance world. They explore how tools like Claude and Copilot are transforming workflows, and Glenn shares how he tackled personal finance challenges, from tracking expenses to handling journal entries. Glenn also highlights a real-world example of using these tools for bookkeeping and expense tracking, giving listeners insights into how these technologies can streamline financial tasks.

In this episode, you will discover:

How tools are changing workflows in finance and accounting
Real-world use of tools for bookkeeping and expense tracking
The speed of technology development and its impact on financial tasks
How small businesses can leverage Excel for planning and reporting
The challenges and benefits of using financial assistants for business workflows

Paul and Glenn discuss how tools like Claude and Copilot are transforming finance workflows, saving time, and improving efficiency. The future of finance is evolving rapidly, and businesses of all sizes should embrace these innovations to stay ahead.

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:45] – Glenn's Recent AI Breakthroughs

[02:24] – Frustration with ChatGPT & Switching to Claude

[04:22] – Using Claude for Personal Finance

[07:00] – Organizing Expenses & Journal Entries

[09:45] – Claude’s Role in Financial Workflow Automation

[11:15] – Copilot vs. Claude: A Quick Comparison

[14:00] – AI’s Influence on Financial Planning Tools

[16:45] – Rapid AI Advancements and Global Competition

[19:15] – Closing Thoughts & Final Remarks

AI in Finance for Modelers to Succeed by Mastering the Fundamentals with Chris Reilly

Tue, 17 Feb 2026 05:00:00 -0600

In this episode of Financial Modeler's Corner, host Paul Barnhurst is joined by Chris Reilly, founder of Financial Modeling Education, for an insightful discussion on the importance of mastering financial modeling fundamentals in the age of AI. Chris shares his perspective on how AI is transforming the modeling industry, why understanding the basics is more important than ever, and how dynamic arrays are changing the modeling landscape.

Chris Reilly is a financial modeling expert with over 91,000 students trained globally. He has a diverse background, having worked in private equity and FP&A, and has developed a range of training programs through Wall Street Prep, Wharton, LinkedIn Learning, and his own courses. Chris emphasizes that strong foundational knowledge in finance and accounting is crucial to leveraging AI and new technologies effectively.

Expect to Learn

Why mastering the fundamentals of financial modeling is essential in an AI-driven world
How Chris integrates AI tools to enhance his modeling work
The role of dynamic arrays in streamlining financial models
The balance between technical skills and business decision-making
Insights on why complex models aren't always better

Here are a few quotes from the episode:

“AI is a magnifier. If you know what you're doing, it helps you get more done. If not, it makes problems worse.” - Chris Reilly
“The real goal of any model is to help the business understand what to do next, not just to show off technical skills.” - Chris Reilly

Chris highlights how AI can help with dynamic arrays and improve model efficiency, but stresses that it should never replace the need for a strong understanding of financial fundamentals. His focus is on helping modelers leverage the right technology without bypassing essential knowledge.

Follow Chris:

LinkedIn: https://www.linkedin.com/in/chris-reilly-mission-capital/

Homepage: https://www.financialmodelingeducation.com/

Email list: https://financialmodelingeducator.com/

Follow Financial Modeler's Corner:

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/

Newsletter - Subscribe on LinkedIn -https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.

In today’s episode:

[02:06] - Why Fundamentals Matter in AI Modeling

[03:29] - Chris's Focus on Education & Clients

[04:44] - How AI Amplifies Strengths & Weaknesses

[05:39] - Dynamic Arrays: Excel's Game-Changer

[07:09] - Should Dynamic Arrays Be Taught?

[09:47] - Combining Functions for Efficient Models

[12:01] - Struggles with New Excel Features

[13:18] - Technical vs. Business-Focused Models

[14:59] - The Joy of Mastering Balanced Models

[15:44] - Closing & Chris' Educational Resources

Establishing A Mission, A Culture And Trust Is Key To Building A High Performing FP&A Team With Aswin

Thu, 12 Feb 2026 05:00:00 -0600

In this episode of FP&A Unlocked, host Paul Barnhurst sits down with Aswin Saravanan, VP of Finance at Qualtrics, to explore what it really takes for FP&A teams to move from insight to action. Aswin shares why trust is the foundation of strategic finance, how culture and vision enable better decision making, and why simplicity in financial modeling often delivers the greatest impact

Aswin is a strategic finance leader with over a decade of experience across global technology companies. He specializes in connecting strategy to execution and helping finance drive business outcomes. Currently the VP of Finance at Qualtrics, he brings deep expertise across corporate, product, and go-to-market finance. He has previously held leadership roles at Microsoft and HubSpot.

Expect to Learn

What great FP&A looks like as a strategic business partner
Why is trust required to move from insight to action
How culture and vision shape high-performing FP&A teams
The importance of simple financial models over complex ones
How FP&A teams create strategic value that influences the future

Here are a few relevant quotes from the episode:

“Taking something from insight to action requires trust. Without trust, nothing really moves.” - Aswin Saravanan
“Great FP&A is when the team can be a proactive strategic partner and actually change the trajectory of the company.”- Aswin Saravanan

Aswin Saravanan shares practical insights on how FP&A teams can move from reporting to truly influencing business outcomes. By building trust, setting a clear vision, and keeping financial models simple, finance leaders can turn insight into action. The conversation reinforces that strategic value comes from helping the business make better decisions about the future.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Aswin:

LinkedIn - https://www.linkedin.com/in/aswinsaravanan/

Company - https://www.linkedin.com/company/qualtrics/

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions and earn your CPE certification. To earn education credits for FPAC Certificate, take the quiz on earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[03:56] - What Great FP&A Looks Like

[05:23] - Why Finance in Tech

[07:20] - Outcome-Based Pricing Risks

[10:49] - Leading Finance at Qualtrics

[13:13] - Culture and Vision in FP&A

[17:16] - Building Team Culture

[22:47] - Trust and Core FP&A Skills

[26:18] - Defining Strategic Value

[32:39] - Driving Operational Excellence

[34:37] - Simple Financial Modeling

Claude AI Replaces ChatGPT and Copilot in Finance to Automate Workflows without Planning Tools

Wed, 11 Feb 2026 05:00:00 -0600

In this episode of Future Finance, Paul Barnhurst and Glenn Hopper explore how AI tools like Claude, Copilot, and Excel agents are transforming financial workflows in 2026. As the finance industry continues to evolve, AI is playing an increasingly crucial role in automating routine tasks, improving accuracy, and boosting efficiency.

Paul and Glenn discuss their firsthand experiences with AI-driven tools, from tracking expenses and managing journal entries to building financial models. They also dive into the ways small and medium businesses are utilizing AI-powered Excel agents to streamline their financial processes without the need for expensive, traditional planning tools.

In this episode, you will discover:

The impact of AI agents in finance and how they simplify workflows.
Personal experiences with Claude and Copilot in real-world finance tasks.
How to integrate AI into your finance team’s daily tasks.
The benefits and challenges of AI-powered automation in finance.

Paul and Glenn emphasize the importance of embracing AI in finance, highlighting how tools like Claude, Copilot, and Excel agents are transforming everyday workflows. They encourage finance professionals to experiment with AI, even if it means starting small.

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:00] – AI’s Role in Finance

[03:47] – AI Agents in Excel

[06:12] – Claude vs. Copilot

[09:27] – Automating Expenses & Journal Entries

[15:56] – AI for Financial Models

[21:21] – Future of AI in Small Business Finance

[26:26] – Workflow Automation in Finance

[35:28] – AI & Human Collaboration

[39:31] – Experimenting with AI in Finance

[41:45] – Data Quality & Governance

[43:07] – Key Takeaway

Financial Modelers Must Master the Fundamentals Before Trusting AI with Chris Reilly

Tue, 10 Feb 2026 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst welcomes back Chris Reilly for a deep and practical conversation on financial modeling fundamentals in the age of AI. Chris shares why mastering the basics still matters more than ever, how AI is changing modeling workflows in reality (not hype), and where automation genuinely adds value versus where human judgment is still essential.

Chris Reilly is a former private equity professional and financial modeling expert with experience spanning restructuring, FP&A, treasury, and middle market private equity. He began his career at FTI Consulting during the financial crisis, working on major bankruptcies, including Lehman Brothers, before moving to Hilton Worldwide and later into private equity. Chris is the founder of Financial Modeling Education, where he has trained more than 90,000 professionals worldwide, teaching real-life models used to acquire and manage private equity-backed businesses.

Expect to Learn

Why financial modeling fundamentals matter more than ever in an AI-driven world
How Chris actually uses AI in real client models versus online hype
Why simple, well-built models outperform overly complex ones
How to balance technical modeling skills with business decision-making

Here are a few quotes from the episode:

“AI is a great accelerator if you already understand the fundamentals. If you don’t, it just magnifies the problem.” - Chris Reilly
“There’s a missing middle right now where people are skipping the fundamentals and jumping straight to the results.” - Chris Reilly

Chris emphasizes that while AI and automation can improve efficiency, they do not replace the need for strong accounting knowledge, modeling fundamentals, and business understanding. He explains that the best modelers focus less on tools and functions and more on clarity, reliability, and helping decision makers understand what to do next.

Follow Chris:

LinkedIn: https://www.linkedin.com/in/chris-reilly-mission-capital/

Homepage: https://www.financialmodelingeducation.com/

Email list: https://financialmodelingeducator.com/

Follow Financial Modeler's Corner:

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/

Newsletter - Subscribe on LinkedIn -https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.

In today’s episode:

[02:35] - Fundamentals Before AI

[05:55] - From PE to Teaching

[09:17] - Dynamic Arrays in Practice

[13:25] - Limits of Dynamic Models

[18:09] - Modeling vs Technical Debate

[21:04] - AI Hype vs Reality

[26:45] - Avoiding Bad Models

[33:00] - Advice for Modelers

[35:38] - Future of AI in Excel

[38:02] - Closing Thoughts

The Analytics Lessons FP&A Leaders Need to Build Better, Repeatable Workflows with Ned Harding

Thu, 05 Feb 2026 05:00:00 -0600

In this episode of FP&A Unlocked, host Paul Barnhurst sits down with Ned Harding - a true pioneer in the data analytics space - to talk about why most data tools still don’t meet the needs of today’s collaborative teams. From building Alteryx from the ground up to launching a new venture (Enso Analytics), Ned shares his take on what’s broken in data workflows and how FP&A teams can fix it.

Ned Harding is the Chief Product Officer at Enso Analytics, a platform that helped define the self-service analytics category. He started coding at eight years old, taught himself from PDP-11 manuals, and has spent the last two decades creating tools used by hundreds of thousands of analysts worldwide. He’s a product guy through and through, and he’s on a mission to help teams work smarter with their data.

Expect to Learn:

Why most data tools fall short when it comes to real team collaboration
The importance of repeatability and testing in FP&A workflows
How to avoid common pitfalls with AI and overfitting in forecasting
Why Excel is both a lifesaver - and a landmine
How to build a true “culture of analytics” across your entire org

Here are a few relevant quotes from the episode:

“The biggest successes happen when teams collaborate - analytics shouldn’t be a solo act.”- Ned Harding
“If your team’s not getting value from your data work, you’re not doing your job.”- Ned Harding

Ned shares practical insights on how FP&A teams can become strategic partners by embracing collaborative, repeatable analytics. He emphasizes the value of integrating data across teams, avoiding AI pitfalls, and applying the scientific method to drive consistent, data-informed decision-making.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Ned:

LinkedIn - https://www.linkedin.com/in/ned-harding-34a57526/

Company - https://www.linkedin.com/company/enso-analytics/

Website - https://ensoanalytics.com

Earn Your CPE Credit

In Today’s Episode

[02:43] – Meet Ned Harding & His Journey to Enso

[06:04] – Accidental Start in Analytics

[10:59] – Turning Tools into a Business

[14:49] – Why Enso Analytics?

[25:43] – Analytics Across the Org

[29:16] – Context is Everything

[35:51] – The Risk of Overusing AI

[43:56] – Are We in an AI Bubble?

[47:07] – Top Skills for FP&A Pros

[49:54] – The Excel Debate

[53:12] – Fun Final Questions

The Future of SMB Finance Is AI Bookkeeping to Replace Broken ERP Systems with Kevin & Drew

Wed, 04 Feb 2026 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper talk with Kevin Thomas and Drew Hyatt, co-founders of Omniga, about solving persistent issues in bookkeeping and the monthly close process for small and mid-sized businesses. They discuss how finance leaders often struggle with unreliable data and how Omniga is creating a more structured, review-ready accounting workflow.

Kevin Thomas brings a background in corporate FP&A and a CFA perspective. His hands-on experience with messy books and data integrity problems in SMBs led him to co-found Omniga. Drew Hyatt is a technology leader with a background in FinTech integrations and data pipelines. He previously worked in construction finance and medical supply chains, building systems that manage high-volume, rule-based transactions.

In this episode, you will discover:

Why clean financial data is essential for any finance function to scale.
What makes SMB accounting workflows difficult and how Omniga is addressing it.
How Omniga uses automation to classify, normalize, and escalate accounting entries.
The structure of a scalable, review-focused operating system for fractional CFOs.

Kevin and Drew share how Omniga is tackling the core challenges of bookkeeping and monthly close for SMBs. Their approach brings structure, control, and scalability to finance operations where it’s needed most.

Follow Kevin:

LinkedIn: https://www.linkedin.com/in/kevin-a-thomas/

Company: https://www.linkedin.com/company/omniga-ai/

Follow Drew:

LinkedIn: https://www.linkedin.com/in/drew-a-hyatt/

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:15] - Meet Kevin and Drew

[01:28] - Why Omniga Started

[04:38] - Drew’s Tech Background

[07:04] - The Name “Omniga”

[10:33] - Controlling AI Output

[13:57] - Guardrails and Escalation

[16:18] - Final Thoughts

The Excel Techniques for Modelers to Build Real World-Business Forecasts - Luke Phillips

Tue, 03 Feb 2026 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst sits down with Luke Phillips, Senior Business Analyst at Access Analytic. Luke shares how he transitioned from Division I basketball to financial modeling, and how he helps clients solve complex budgeting and reporting problems using Solver, Excel, and Power BI.

Luke Phillips is a chartered financial modeler and the Senior Business Analyst at Access Analytic. He works with clients across mining, oil and gas, manufacturing, and professional services to streamline budgeting and reporting through Solver and Excel. Luke holds a BBA in Finance from the University of Louisiana at Monroe, where he also played Division I basketball.

Expect to Learn

How a bad college project helped kickstart Luke’s modeling career
What Solver is and how it supports complex planning and reporting
Tips for simplifying models without losing value
The role of communication in building useful models
Luke’s take on AI and dynamic arrays in Excel

Here are a few quotes from the episode:

“We're not hiring you for your technical ability, we're hiring you for your potential.” – Luke
“I love spreadsheets, the way you can pull complex calculations together and form a view of a company.” – Luke

Luke Phillips brings a grounded, real-world perspective to financial modeling, shaped by both professional experience and athletic discipline. His approach blends technical skill with a clear focus on communication and usability. Whether solving client challenges with Solver or exploring new Excel features, Luke keeps modeling practical and purpose-driven.

Follow Luke:

LinkedIn: https://www.linkedin.com/in/luke-phillips-75859013a/

Company: https://www.linkedin.com/company/access-analytic/

Follow Financial Modeler's Corner:

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/

Newsletter - Subscribe on LinkedIn -https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.

In today’s episode:

[02:09] - Life in Australia & Background

[03:16] - First Model Mistake & Lesson

[04:46] - From Basketball to Finance

[08:49] - What is Solver & Luke’s Role

[10:33] - Learning Supply Chain & Ops

[13:11] - Simplicity vs. Complexity

[18:24] - AFM & CFM Exam Journey

[22:46] - XLOOKUP Over INDEX MATCH

[27:46] - AI in modeling & Challenges

The Role Of FP&A In Being IPO Ready With Jeffrey Bernstein

Thu, 29 Jan 2026 05:00:00 -0600

In this episode of FP&A Unlocked, hosts Paul Barnhurst and Glenn Snyder sit down with Jeffrey Bernstein to explore how finance leaders can better communicate financial insights and influence decision-making across an organization. The conversation focuses on the gap between technical financial knowledge and the ability to clearly explain what the numbers actually mean to non-finance stakeholders.

Jeffrey is a Senior Managing Director and Head of Capital Markets Advisory at Riveron, a leading advisor to the Office of the CFO and Private Equity. Early in his career, Jeff was a Managing Director at Goldman Sachs, where he helped execute IPOs in the technology sector for over a decade. Afterward, he spent more than 15 years as a portfolio manager investing in disruptive public and private companies. For the last eight years, Jeff has served as a trusted strategic advisor to pre-IPO companies, guiding them toward successful public exits.

Expect to Learn:

Why finance professionals play a crucial role in the IPO process
How to prepare a company financially for a successful public listing
The importance of building financial trust with public investors
How to evaluate the readiness of your financial systems and team for the IPO process

Here are a few relevant quotes from the episode:

“The biggest change from private to public is transitioning from over-promising to under-promising and over-delivering.”- Jeff Bernstein
“Financial integrity isn’t just about the numbers; it’s about being transparent, avoiding gimmicks, and sticking to metrics that have real meaning.”- Jeff Bernstein

Jeff shares valuable insights on the complexities of going public, managing quarterly earnings, and maintaining investor trust. He also discusses how FP&A teams can help steer the company through financial reporting, forecasting, and strategic decision-making post-IPO.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Jeffrey:

LinkedIn - https://www.linkedin.com/in/jeff-bernstein-498a23158/

Company - https://www.linkedin.com/company/riveron/

Website - https://riveron.com/

Follow Glenn:

LinkedIn - https://www.linkedin.com/in/glenntsnyder/

Earn Your CPE Credit

In Today’s Episode

[01:42] – Meet Jeff Bernstein

[04:58] – Transitioning to Public Company

[08:36] – The Role of FP&A in IPO

[12:44] – Investor Trust and Forecasting

[17:10] – Financial Integrity

[21:58] – Preparing for the IPO Process

[26:35] – Stress-Testing Forecasts

[30:42] – Earning Investor Trust

[34:18] – Organizational Behaviour Shift

[37:33] – Key to Success in IPOs and SPACs

How SMBs Can Fix Bookkeeping to Build Trustworthy Data and Scale Finance with Kevin & Drew

Wed, 28 Jan 2026 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper sit down with Kevin A.Thomas and Drew Hyatt, the co-founders of Omniga, to discuss the often-overlooked but critical challenges facing small business finance teams. While enterprise companies get most of the attention, Kevin and Drew are focused on the backbone of the economy, businesses under $30 million in revenue—and the unique struggles they face when it comes to closing the books, managing data, and generating strategic insight.

Kevin A.Thomas, CFA, is the founder of Omniga and a seasoned strategic finance leader focused on scaling digital businesses. Kevin is passionate about rebuilding the back office to help businesses make smarter decisions, faster. Drew Hyatt is the Co-Founder and CTO of Omniga. He plays a key role in architecting Omniga’s infrastructure, translating complex workflows into scalable technology for finance teams.

In this episode, you will discover:

Why clean books are the foundation for strong financial decisions
The hidden risks in small business bookkeeping and how to fix them
The difference between replacing tasks and supporting human judgment
How to expand from bookkeeping to full finance strategy support
How to structure a finance workflow that scales with your business

Kevin and Drew leave us with a clear message: better finance starts with a stronger foundation. By focusing on clean books and scalable workflows, Omniga is reshaping how small businesses manage finance. It’s not about replacing people, it’s about empowering them to do more with less.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance.

Follow Kevin:

LinkedIn: https://www.linkedin.com/in/kevin-a-thomas/

Company: https://www.linkedin.com/company/omniga-ai/

Follow Drew:

LinkedIn: https://www.linkedin.com/in/drew-a-hyatt/

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:00] –Trailer

[03:39] – Why They Started Omniga

[07:11] – Drew’s Tech Journey

[09:28] – What "Omniga" Means

[11:26] – Rules vs. Suggestions

[14:33] – How the Workflow Scales

[19:28] – Above the Ledger

[25:40] – From Inputs to Entries

[29:50] – Real-World Use Cases

[35:05] – When to Add FP&A

[37:45] – Closing Fun Segment

The Storytelling Techniques for Financial Modelers to Impress Investors with Karishma Karishma Ramnawaj

Tue, 27 Jan 2026 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst sits down with Karishma Ramnawaj, a financial modeler based in Mauritius, to talk about her journey in financial modelling, building and reviewing models, and the lessons she’s learned from both success and failure. Karishma shares her experience of learning on the job, why understanding the end user is critical, and how she balances practical standards with flexibility.

Karishma is a Certified Advanced Financial Modeler (AFM) and FMVA® professional, currently working as a Financial Modeler Associate at Hawkins Eberdal Ltd in Mauritius. With a strong foundation in both project and corporate finance, Karishma specializes in building decision-ready financial models that support capital raising, risk evaluation, and business growth.

Expect to Learn

Why using someone else’s model as a template can be risky
The importance of understanding and communicating key assumptions
How to tailor models for investors and third-party users
What it’s like to fail, and then pass, the AFM exam
The value of applying both corporate and project finance in modelling

Here are a few quotes from the episode:

“If you're going to use someone else's model, make sure you understand everything inside it.” – Karishma
“It's not just about Excel. It's about who's using the model and what story you're telling with it.” – Karishma

Karishma's story is a great example of growth through practice, persistence, and passion for financial modeling. Her focus on clarity, flexibility, and end-user needs brings valuable perspective to the modelling process. From overcoming early challenges to passing the AFM exam, she shows the importance of continuous improvement.

Follow Karishma:

LinkedIn: https://www.linkedin.com/in/karishma-ramnawaj/

Follow Financial Modeler's Corner:

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/

Newsletter - Subscribe on LinkedIn -https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register.

In today’s episode:

[01:56] - Guest Intro

[04:51] - Journey into Modelling

[06:00] - Why She Loves Modelling

[08:37] - Storytelling with Numbers

[10:56] - Key Assumptions & End Users

[13:00] - Project vs. Corporate Finance

[14:26] - Renewable Energy Focus

[15:44] - Modelling Standards & Reviews

[22:16] - AFM Exam: Fail to Pass

[29:18] - Tools, Tips & Final Advice

How FP&A Professionals Can Evolve Beyond Reporting and Become Strategic Partners with Bryan Lapidus

Thu, 22 Jan 2026 05:00:00 -0600

In this engaging episode of FP&A Unlocked, host Paul Barnhurst welcomes back Bryan Lapidus, Director of FP&A Practice at the Association for Financial Professionals (AFP), to explore how finance professionals can better prepare for the evolving demands of the industry. They discuss how AFP supports the finance community, the role of technology in shaping FP&A, and why soft skills are critical in today’s collaborative environment.

Bryan Lapidus is the Director of FP&A Practice at AFP, where he serves as a subject matter expert on financial planning and analysis. With more than 20 years in FP&A and treasury at organizations like American Express and Fannie Mae, Bryan brings deep knowledge of corporate finance. At AFP, he develops thought leadership, leads advisory councils, and curates content that helps professionals thrive in a rapidly changing landscape.

Expect to Learn:

The two core competencies every great FP&A professional must master
Why “getting out from behind the screen” matters for business insight
How AFP curates learning and networking experiences for finance professionals
What to expect from AFP’s FP&A Forum and Annual Conference
How to avoid low-value work and focus on driving business impact

This episode highlights the evolving role of FP&A, emphasizing the need for both strong technical skills and human-centered business insight. Bryan Lapidus reminds us that tools like AI are valuable, but true impact comes from understanding the business and adding strategic value. Continuous learning and community are key to thriving in today’s finance landscape.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Bryan:

LinkedIn - linkedin.com/in/bryan-lapidus-fpac

Company - https://www.linkedin.com/company/association-for-financial-professionals/

Earn Your CPE Credit

In Today’s Episode

[03:33] – What Is AFP?

[05:38] – What Makes Great FP&A?

[13:34] – Inside the AFP Conference

[18:13] – How AFP Chooses Conference Tracks

[23:12] – AFP FP&A Forum Highlights

[27:30] – How Soft Skills Shape Career Growth

[33:27] – Top Technical Skills

[37:27] – Eliminating Low-Value Work in FP&A

[43:23] – Wrap-Up & Final Thoughts

AI Adoption Divide in Finance for Leaders to Bridge the Gap Between People and Systems

Wed, 21 Jan 2026 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper discuss the AI landscape and how CFOs and finance leaders should approach AI in 2026. Reflecting on the developments of 2025, they explore how AI adoption is progressing at the individual and company levels and discuss the surprises and challenges they've encountered in the AI space.

In this episode, you will discover:

The current state of AI adoption by individuals and companies.
Surprising shifts in AI companies like OpenAI and Microsoft in 2025.
The growing role of specialized AI models and their potential impact on industries like finance.
Predictions for the future of AI in 2026, including advancements in LLMs and robotics.

Glenn and Paul discussed the evolving AI landscape and its impact on finance, offering insights into key developments and predictions for 2026. They highlighted the challenges, growth, and opportunities AI presents for finance leaders and businesses.

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:15] - Reflections on AI in 2025

[05:07] - Paul’s Surprises on AI’s Progress

[11:05] - OpenAI’s Consumer Focus

[13:23] - Predictions for Specialized Models

[14:51] - AI and Robotics

[17:20] - Small vs Large Models

[18:28] - Closing Thoughts on AI in Finance

How Excel AI Agents Actually Work for Financial Modelers to Understand LLMs & Tools with Tim Jacks

Tue, 20 Jan 2026 05:35:00 -0600

In this episode of The ModSquad, hosts Paul Barnhurst, Ian Schnoor, and Giles Male welcome Tim Jacks, founder of Taglo, for an insightful discussion on the integration of AI in financial modeling. Tim’s expertise bridges the worlds of financial modeling and AI, and in this episode, he shares his journey and discusses how AI is reshaping the financial modeling landscape.

Tim Jacks is the founder of Taglo, a company dedicated to improving financial modeling with AI technology. His career journey spans financial consulting and software development, including building financial modeling tools. Over time, Tim's interest in artificial intelligence grew, and he delved into how AI, particularly Large Language Models (LLMs), could be used to enhance financial modeling processes.

Expect to Learn

How AI is revolutionizing financial modeling and the specific ways it’s being used today.
The technical components behind AI agents and how they differ from simple chatbots.
The importance of context and system prompts when working with LLMs in financial tasks.
Insights into the memory limitations of LLMs and how agents work around this challenge.

Here are a few quotes from the episode:

"If you're using AI for Excel modeling, you need to remind it to follow good financial modeling principles, like the FAST Standard." – Tim Jacks
"The beauty of LLMs is that you can go back and change the conversation, they're stateless, so it's like resetting the clock." – Tim Jacks

Tim Jacks provided valuable insights into the integration of AI in financial modeling, particularly how LLMs and agents are transforming workflows. While AI can significantly enhance efficiency, human expertise remains essential for applying financial modeling principles. Understanding the technical workings of these tools helps users leverage them effectively. The future of financial modeling will be human-led, AI-assisted.

Follow Tim:

LinkedIn: https://www.linkedin.com/in/timjacks/

Follow Ian:

Follow Giles Male:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

In today’s episode:

[00:05] - Intro & Hosts

[01:33] - Guest Introduction: Tim Jacks

[02:42] - Tim's Background in Modelling & AI

[04:16] - What Are LLMs Really?

[09:55] - ChatGPT vs. LLMs Explained

[12:09] - LLMs Have No Memory

[15:02] - How Tools Add Context to AI

[19:35] - What Is an AI Agent?

[22:35] - How Excel Agents Work

[30:08] - Demo: Tools in Action

[35:03] - Defining an Agent: LLM + Tools + Prompts

[38:49] - Key Takeaway for Modellers

How To Make FP&A Software Tools Work For You And The Future Of FP&A With Ben Pierce

Thu, 15 Jan 2026 05:00:00 -0600

In this episode of FP&A Unlocked, host Paul Barnhurst talks with Ben Pierce, General Manager of Workday Adaptive Planning, to discuss the evolving landscape of FP&A, the challenges of planning software, and the future of finance in an AI-driven world. Ben shares his career journey, from semiconductor engineering to leadership roles in the FP&A software industry, and dives into his vision for how AI is transforming the way businesses plan and make decisions.

Ben Pierce is an experienced executive with over two decades of experience in the enterprise software industry. Currently, he leads Workday Adaptive Planning’s global strategy, growth, and innovation efforts. Prior to joining Workday, Ben held senior roles in several companies, including River Logic, Tidemark, and IBM, where he honed his expertise in analytics, financial software, and business leadership. His career has been shaped by his passion for leveraging technology to improve business operations and drive impactful change.

Expect to Learn:

Why Ben believes the future of FP&A is in AI and analytics
The importance of challenging the business with actionable insights
How to make FP&A tools work for you, not just as a data repository
What to consider when choosing and implementing FP&A software
The balance between strategic planning and flexible budgeting processes

Here are a few relevant quotes from the episode:

"A great FP&A partner doesn’t just provide data, they come to the table with a point of view and push you to do better." – Ben Pierce
"At the end of the day, it’s not about the tool, it’s about the implementation and how you engage with it." – Ben Pierce

Ben Pierce offers invaluable insights into FP&A, emphasizing the need for technology to not only streamline processes but also enhance decision-making capabilities. His advice on selecting the right FP&A tools and the importance of having a supportive implementation partner is essential for any finance team looking to modernize their planning processes.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Free Trial of Workday

Try Workday Adaptive Planning free for 30 days - https://forms.workday.com/en-us/sales/adaptive-planning-free-trial/form.html?locale=enus&aud=ada&stage=ce&size=all&pblr=wd&assettype=oth&productfocus=pl&utm_medium=evnt&utm_source=evlv&step=step1_sales_contact

Follow Ben:

LinkedIn - https://www.linkedin.com/in/benpierce23/

Company - https://www.linkedin.com/company/workday/

Website - https://www.workday.com/

Earn Your CPE Credit

In Today’s Episode

[02:50] – From Engineering to Software Leadership

[04:56] – What Makes Great FP&A

[09:23] – The Importance of Customer Success

[12:05] – How to Choose the Right FP&A Tool

[13:33] – Advice for Moving to the Vendor Side

[16:03] – The Future of AI and FP&A

[18:12] – Bridging the Gap Between Planning and Analytics

[21:04] – The Role of Zero-Based Budgeting

[25:46] – Best Practices for Annual Budgeting

[28:06] – Handling Headcount Planning Challenges

[32:28] – Getting the Most Out of FP&A Software

[36:52] – Closing Thoughts and Final Advice

AI Adoption Is Surging but Finance Pros Are Falling Behind Due to Bad Data and Poor Strategy in 2026

Wed, 14 Jan 2026 05:00:00 -0600

In this first episode of Future Finance for 2026, hosts Paul Barnhurst and Glenn Hopper take time to reflect on how AI actually showed up in finance over the past year, and what that means going forward. Without a guest, the conversation focuses on real experiences, observations, and lessons from working directly with finance teams, CFOs, and operators who are navigating AI adoption day to day.

Paul and Glenn discuss how individuals have become far more comfortable using AI tools in their own work, while companies as a whole have moved much more slowly. Topics include ongoing data quality problems, hesitation around governance and security, and why many organizations still struggle to integrate AI into core systems and workflows. They also share their thoughts on notable developments from 2025, including OpenAI’s shift toward consumer use, Microsoft Copilot’s mixed results, Google Gemini’s rapid improvement, and Nvidia’s continued growth.

In this episode, you will discover:

How AI adoption differs between individuals and organizations
Why poor data quality still limits many finance teams
What recent changes from OpenAI, Microsoft, Google, and Nvidia suggest
Where Microsoft Copilot works well today and where it falls short
Why automation and basic app-building are becoming more important

Paul and Glenn share concrete examples from Excel, Outlook, reporting, and close processes. They also emphasize that banning AI use is no longer realistic and that clear guidelines matter more than strict restrictions.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance.

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[02:47] – How Individuals vs. Companies Used AI in 2025

[06:12] – OpenAI, Monetization, and Market Signals

[09:27] – Google Gemini’s Turnaround

[15:56] – Big Models vs. Specialized Tools

[21:21] – Consumer AI and Platform Control

[26:26] – Real Copilot Use Cases in Excel

[35:28] – What Finance Professionals Should Focus on in 2026

[39:31] – What Finance Leaders Need to Do Now

[41:45] – Automation, Vibe Coding, and What’s Next

[43:07] – Final Thoughts and Closing

Financial Modeling for Corporate Finance Teams to Unlock Business Without Templates - Carolina Lago

Tue, 13 Jan 2026 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst welcomes Carolina Lago, a seasoned FP&A professional, to discuss how financial modelers can transform data into actionable insights while avoiding common modeling pitfalls. Together, they explore best practices in financial modeling, the dangers of hard-coded models, and why structure, flexibility, and clear purpose are essential for effective decision-making. Carolina also shares lessons from her international career, including her experience supporting a major IPO and leading global software implementations.

Carolina Lago is an FP&A professional with over 15 years of international experience across multiple industries. She has played key roles in high-impact projects, including IPO preparation and enterprise-wide financial system implementations. Carolina is also the creator of the TACTIC framework, which helps financial professionals build models that are structured, insightful, and decision-focused.

Expect to Learn

Why hard-coded models are a major risk to accuracy and flexibility
How to turn raw data into insights that drive real business decisions
The importance of starting every model with a clear question or goal
How the TACTIC framework improves structure and clarity in modeling
Why strong modeling skills matter at every career stage

Here are a few quotes from the episode:

“I inherited one, and I had to try to change it. I spent probably a couple of weeks trying to make it better, and I couldn't. It was just too full of hardcoded numbers and no design at all.” – Carolina Lago
“Data is only useful if it can be transformed into actionable insights.” – Carolina Lago

Follow Carolina:

LinkedIn – https://www.linkedin.com/in/s-carolinalago/

Website – https://www.tacticfinancial.com

In today’s episode:

[00:00] - Trailer

[00:50] - Guest Introduction

[01:00] - Horrifying Financial Models

[02:00] - Early Career Modeling Mistakes

[03:10] - Carolina’s Global Career Journey

[05:00] - Turning Data into Actionable Insights

[07:30] - Introduction to the TACTIC Framework

[09:50] - Learning Resources & Community Engagement

[20:00] - Certifications and Continuing Education

[22:40] - Rapid-Fire Round

[24:50] - Advice for Aspiring Financial Modelers

[26:00] - How to Connect and Learn More

Scaling FP&A with Growth to Build Trusted Processes and Strategic Influence with Noam Sever

Thu, 08 Jan 2026 05:00:00 -0600

In this episode of FP&A Unlocked, host Paul Barnhurst welcomes Noam Sever, Head of Global FP&A at Cellebrite, for a deep and thoughtful conversation on building impactful finance teams, scaling FP&A processes, and the human side of finance leadership. Noam shares his experience driving financial planning in high-growth environments and highlights the value of simplicity, consistency, and communication in finance transformation. This episode is a masterclass in aligning FP&A with business needs and building trust through data, systems, and people.

Noam Sever is a seasoned finance executive with over 15 years of leadership across global tech and manufacturing firms. At Cellebrite, he leads a multinational FP&A team overseeing full P&L ownership, strategic planning, and operational excellence. His expertise includes business modeling, systems implementation, and data-driven decision-making. Known for his structured approach and people-first mindset, Noam is passionate about building agile finance organizations that deliver real business impact.

Expect to Learn:

Why “tiny gains” and small process improvements compound to drive big FP&A impact
How to scale FP&A processes from startup chaos to structured efficiency
The importance of aligning finance with go-to-market and sales operations
Why trust, communication, and curiosity are the top soft skills in FP&A
The framework Noam uses to evaluate when and how to scale teams, tools, and processes

Here are a few quotes from the episode:

As a company scales, FP&A must shift from being reactive to becoming a proactive business partner.” – Noam Sever
Start simple, make it repeatable, and always leave room to improve. That’s the foundation of great FP&A.” – Noam Sever

Noam Sever offers a blueprint for building impactful FP&A teams through simplicity, structure, and strategic business partnership. His insights emphasize that real value comes from understanding the business, earning trust, and continuously improving processes to drive meaningful results.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Noam:

LinkedIn - https://www.linkedin.com/in/noamsever/

Company - https://www.linkedin.com/company/cellebrite/

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode:

[04:11] – Defining Great FP&A

[07:12] – The Power of Tiny Gains

[10:54] – Favourite Company Stage

[13:18] – FP&A at Scale

[15:59] – Evolving Budget & Forecast

[21:41] – Advice for First-Time Forecast Leads

[25:24] – Scaling Teams & Tools

[33:20] – Traits for Early-Stage FP&A

[36:40] – Rapid-Fire & Final Thoughts

What 2025 Taught Us About Excel AI and Where Financial Modeling Is Heading in 2026

Tue, 06 Jan 2026 05:00:00 -0600

In this special episode of Financial Modeler’s Corner, host Paul Barnhurst recaps an exciting 2025 and outlines what's ahead for 2026. Paul reflects on the top five most downloaded episodes of the year, shares insights from key guests, and highlights major developments in financial modeling, including Excel's newest features and the growing role of AI.

Expect to Learn

Key trends in Excel and financial modeling from 2025
How AI is changing the way models are built, tested, and audited
The importance of simplicity, documentation, and user involvement in model design
Why communication and business understanding are becoming essential skills for modelers

Here are a few quotes from the episode:

“Complexity can backfire by making you indispensable in ways that hurt your career growth.” – Paul Barnhurst
“AI is a magnifier, it makes good modelers better and highlights weaknesses in those without a solid foundation.” – Paul Barnhurst

In today’s episode:

[02:01] – Mod Squad Launch

[03:02] – AI and Modeling

[03:45] – Excel Feature Highlights

[06:28] – Excel Championship Recap

[10:12] – AI in Financial Modeling

[12:54] – Time-Saving Modeling Tips

[16:02] – Three-Statement Modeling

[17:38] – Strategic Thinking for Modelers

[20:30] – Final Thoughts and Certification Offer

The 80/20 Strategy for FP&A Leaders to Replace Long Budgeting with Business Impact - Andrew Hull

Thu, 01 Jan 2026 05:00:00 -0600

In this episode of FP&A Unlocked, host Paul Barnhurst talks with Andrew Hull, a seasoned finance leader in the consumer packaged goods (CPG) industry. They explore the role of FP&A professionals in driving business results, navigating inflation, and transitioning from traditional budgeting to impactful analytics.

Andrew Hull is a financial executive with over two decades of experience in CPG. Currently the Vice President of Finance at UNFI Canada, Andrew has a proven track record of partnering with business leaders to deliver results through strategic insights and principled financial analysis. With a competitive spirit and passion for team leadership, Andrew shares his unique approach to FP&A, analytics, and the importance of actionable storytelling.

Expect to Learn:

The three pillars of great FP&A are technical skills, storytelling, and actionable decisions.
Why Andrew advocates for changing FP&A to “FA&P” and focusing more on analytics.
Lessons learned from leading finance during the pandemic.
Key metrics for success in the distribution industry include variable margin and truck utilization.
Practical advice for accelerating budget processes and focusing on analytics that drive results.

Here are a few relevant quotes from the episode:

"The most value FP&A can add is when we take complex data and distill it into actionable insights." - Andrew Hull
"Variable margin is the backbone of understanding financial performance in a distribution business."- Andrew Hull
"A one-page visual with clear recommendations is the best way to communicate with executives."- Andrew Hull

Andrew Hull shared a wealth of knowledge for FP&A professionals, including rethinking the role of analytics to the importance of actionable storytelling. His practical advice on managing inflation, leading during a crisis, and accelerating the budgeting process offers valuable lessons.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Andrew:

LinkedIn - https://www.linkedin.com/in/andrewhull4/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

In Today’s Episode

[01:59] - Meet Andrew Hull

[02:50] - Redefining Great FP&A

[06:46] - Career Highlights in CPG

[10:35] - Leading Finance at UNFI Canada

[18:55] - Managing Inflation with Analytics

[22:24] - The Art of Storytelling in FP&A

[35:47] - Revolutionizing the Budget Process

[51:20] - Beyond Work: Hobbies and Passions

[58:07] - Closing Thoughts

The Future of Finance for CFOs to Automate Accounting with AI-First General Ledgers - Sasha Orloff

Wed, 31 Dec 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper sit down with Sasha Orloff, CEO of Puzzle, to discuss the future of accounting and how AI is poised to transform the finance industry. Sasha Orloff shares his journey from founding LendUp and Mission Lane to building Puzzle, an innovative accounting software platform designed to solve the industry’s most pressing challenges.

Sasha Orloff is the CEO of Puzzle, a modern accounting software platform focused on building the future of finance. Before Puzzle, Sasha Orloff founded LendUp and Mission Lane, which both scaled to hundreds of millions in revenue. He has a deep background in finance, technology, and AI, and his insights are helping to shape the next wave of innovation in the industry.

In this episode, you will discover:

The challenges of traditional accounting systems and outdated software
How AI and predictive analytics can streamline financial tasks and improve decisions
The need for an evolving general ledger and the role of blockchain in enhancing transparency
How AI reduces errors and provides more accurate insights for finance professionals
The future of accounting and how AI will enable faster, smarter decision-making

Sasha Orloff explains how Puzzle is addressing the foundational issues with traditional accounting software by focusing on trust, transparency, and flexibility. He also shares his thoughts on the importance of building the right data infrastructure to enable AI-driven insights in finance.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance.

Follow Sasha:

LinkedIn: https://www.linkedin.com/in/sashaorloff/

Company: https://www.linkedin.com/company/puzzlefin/

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:00] - Meet Sasha Orloff

[03:30] - The Problem with Traditional Accounting Software

[06:00] - The Future of the General Ledger and Data Transparency

[10:30] - How AI Enhances Finance and Accounting Tasks

[12:45] - Blockchain’s Role in Financial Trust

[17:30] - The Role of AI in Business Decision-Making

[20:00] - How Puzzle is Revolutionizing Financial Software

[27:00] - AI and the Democratization of Data Science

[33:00] - Lightning Round: Fun Personal Questions

How Curiosity and Listening Help Financial Modelers Build Trusted Models with Ian Bennett

Tue, 30 Dec 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst welcomes Ian Bennett, Partner and Deals Modelling Leader at PwC Australia, to discuss the art and science of financial modeling. Together, they explore what makes a good financial modeler, how Excel has evolved dramatically in recent years, and how emerging tools and AI are shaping the future of modeling. Ian reflects on his decades-long career, from his early days discovering Excel during audits to leading a large team of modelers across Australia and India.

Ian Bennett is the Deals Modelling Partner at PwC Australia and a Master Financial Modeler (MFM) certified by the Financial Modeling Institute. With 24 years of hands-on experience in building and leading modeling teams, Ian’s approach combines deep technical expertise with a strong focus on communication, design, and problem-solving. He leads a 50-person modeling team at PwC and is known for his passionate advocacy for best practices, new tools, and innovation in modeling, including integrating AI and the latest features in Excel.

Expect to Learn

Why defining a model’s purpose upfront is essential to success
The most important listening and scoping skills great modelers must develop
How Excel’s evolution over the past 18 months is changing the game
What it means to be model-first vs. outcome-focused
Why curiosity and human insight are irreplaceable, even in the age of AI

Here are a few quotes from the episode:

“Every model tells a story, and that story should be known at the start of the project. It’s about understanding what questions the model needs to answer.” – Ian Bennett
“Be curious. That curiosity is what drives innovation in modelling, learning new tools, asking better questions, and solving real problems.” – Ian Bennett

Follow Ian:

LinkedIn - https://www.linkedin.com/in/ianrbennett/

Website - https://www.pwc.com.au/deals/modelling.html

In today’s episode:

[00:00] - Trailer

[01:09] - Introduction to Ian Bennett

[02:13] - Worst Model Ian Has Seen

[06:17] - Ian’s Background & Early Interest in Excel

[08:19] - Becoming a Master Financial Modeller (MFM)

[09:43] - Global Excel Summit Highlights

[11:53] - What Makes a Great Financial Modeller

[16:38] - Importance of Listening & Understanding Client Needs

[23:03] - Time Allocation: Design vs. Building in Excel

[28:14] - Modelling Tools Beyond Excel

[31:34] - Excel’s Evolution & Exciting New Features

[39:08] - Rapid Fire Questions

[41:50] - Will AI Build Financial Models?

[47:12] - Final Advice for Aspiring Modellers

How Finance Leaders Can Transform FP&A Through Vision and Team Culture with Brett Hampson

Thu, 25 Dec 2025 05:00:00 -0600

In this episode, Paul Barnhurst looks into practical frameworks and leadership strategies for finance professionals with guest Brett Hampson. Brett discusses what he believes constitutes great FP&A and how grassroots finance transformations, rather than top-down technology implementations, can foster a proactive, value-creating FP&A culture.

Brett Hampson has spent over a decade in corporate FP&A, working with some of the world’s largest companies. He is the author of The FP&A Operating System, a book that outlines his approach to establishing a high-functioning FP&A department. Brett is also the founder of Forecasting Performance, a platform that promotes best practices in financial analysis and forecasting.

Expect to Learn

What grassroots finance transformation entails and why it’s preferable to technology-centric approaches.
How to implement Brett’s FP&A Operating System and FP&A Flywheel framework to drive efficiency and value.
The importance of setting a clear vision and objectives for FP&A teams to move from reactive to proactive operations.
How to leverage attribution analysis and storytelling to enhance FP&A’s influence on business decisions.

Here are a few relevant quotes from the episode:

“Grassroots finance transformation happens when each person on the team has their own vision and works towards solving specific challenges.” - Brett Hampson
“Technology alone doesn’t solve problems. It might fix one, but often creates new ones if cultural issues aren’t addressed first.” - Brett Hampson

With insights into creating effective FP&A systems and teams, Brett Hampson provides a refreshing perspective on FP&A transformation. He highlights the importance of people, process, and then technology, in that order, as the foundation for a high-performing FP&A team.

Follow Brett:

Website - https://bretthampson.gumroad.com/l/proactive

LinkedIn - https://www.linkedin.com/in/brett-hampson/

Newsletter - https://blog.forecastingperformance.com/subscribe

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

In Today’s Episode

[02:12] - Brett’s Background and Introduction

[05:17] - The Creation of The FP&A Operating System

[08:04] - Developing a Proactive FP&A Culture

[13:22] - Grassroots FP&A Transformation

[16:32] - People and Process Before Technology

[29:28] - Building the Right Team and Culture

[35:11] - Establishing Efficient Processes with the FP&A Flywheel

[39:52] - Case Study: Turning Around Forecast Accuracy

[52:16] - Final Advice and Wrap-Up

How Finance Teams Can Solve the Monday Morning Problem with Real-Time AI - Ian Wong

Wed, 24 Dec 2025 05:00:00 -0600

In this episode of Future Finance, hosts Glenn Hopper and Paul Barnhurst are joined by Ian Wong, co-founder and CEO of Summation, a cutting-edge AI platform designed to help enterprise leaders navigate complex data and make smarter business decisions. Ian shares his journey from CTO at Opendoor to founding Summation, inspired by his frustration with the inefficiencies of traditional reporting and analysis systems.

Ian Wong is the co-founder and CEO of Summation, an AI-powered decision platform built to help enterprise leaders better understand how their businesses are performing. Before Summation, Ian co-founded Opendoor and served as CTO through its journey to going public. He was also Square’s first data scientist, where he built early fraud and risk systems. Ian holds degrees in electrical engineering and statistics from Stanford University and brings a rare blend of deep technical expertise and business leadership experience.

Expect to Learn:

The Monday Morning Problem and its impact on business operations
How AI can eliminate tedious data analysis processes
The difference between traditional BI tools and the AI-powered platform Summation
The importance of real-time, decision-grade data for enterprise leaders

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Ian:

LinkedIn: https://www.linkedin.com/in/ian-wong/

Company: https://www.linkedin.com/company/summation-hq/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:01] - The Monday Morning Problem and Decision-Making

[03:46] - The time and effort spent on manual data analysis

[08:48] - Ian’s Motivation Behind Summation

[10:40] - What Makes Summation Different

[12:48] - The Importance of Accurate Data in Finance

[13:53] - Wrapping Up and Farewell

We Tested 7 AI Tools in Excel for Financial Modeling, and None Could Build a Reliable Model

Tue, 23 Dec 2025 05:00:00 -0600

In this episode of The ModSquad, hosts Paul Barnhurst, Ian Schnoor, and Giles Male are joined by Tea Kuseva, Community Manager at the Financial Modeling Institute, for a detailed discussion on the state of AI tools in financial modeling. The group continues its hands-on testing of seven tools, including TabAI, Excel Agent, Shortcut, and TrufflePig, evaluating how these platforms perform on real-world financial modeling tasks

Tea Kuseva is the Community Manager at the Financial Modeling Institute (FMI), the only global accreditation body dedicated to financial modeling. With her deep involvement in the modeling community and her role supporting professionals worldwide, Tea Kuseva brings thoughtful questions and provides structure to the discussion, helping translate technical insights into practical takeaways for finance professionals.

Expect to Learn

How leading AI tools perform on real financial modeling tasks
Common issues like unbalanced sheets and flawed formulas
Key differences between Excel-based and standalone tools
Practical ways AI can assist with analysis and reporting
Why Excel and modeling expertise still matter in an AI-driven workflow

Here are a few quotes from the episode:

“Even five years from now, you’ll still need to understand every cell if you're handing in a model.” – Ian Schnoor
“Fast, consistent outputs are still better achieved by experienced humans than by today’s AI tools.” – Giles Male

AI tools show promise in assisting with financial modeling, but they are not yet reliable enough to replace human expertise. Strong Excel skills and sound judgment remain essential. Used wisely, AI can enhance productivity, but it should complement, not replace, technical understanding. The future of modeling is human-led, AI-assisted.

Follow Ian:

LinkedIn - https://www.linkedin.com/in/ianschnoor/?originalSubdomain=ca

Follow Giles Male:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

Follow Tea:

LinkedIn: https://www.linkedin.com/in/tkuseva/

In today’s episode:

[01:16] - Guest Intro

[06:07] - Tools Under the Microscope

[07:59] - The Testing Framework

[13:43] - Lessons from the Esports Challenges

[19:33] - Real Examples from the Tools

[25:54] - Practical Use Cases for AI Today

[33:56] - Variability in AI Outputs

[39:40] - Looking Ahead: The Next Five Years

[44:58] - Final Comments

[46:13] - Final Thoughts and Key Takeaways

A Developer Toolkit for FP&A Professionals and Various Musings with Microsoft MVP Jordan Goldmeier

Thu, 18 Dec 2025 05:00:00 -0600

In this episode of FP&A Unlocked, host Paul Barnhurst welcomes back Jordan Goldmeier, Excel expert, author, and longtime friend of the show, for a wide-ranging and honest conversation about careers, technology, and growth. Jordan reflects on his unconventional career path, from auditing and operations research to becoming a Microsoft MVP, author, and entrepreneur. The discussion covers Excel’s evolution, why many finance professionals underuse powerful tools, and Jordan’s latest projects aimed at modernizing how power users work with spreadsheets.

Jordan is an entrepreneur, event producer, author, and Microsoft Excel MVP based in the Lisbon Metropolitan Area. He is widely known for his work helping professionals master Excel, data analysis, and modern spreadsheet practices. Jordan has authored several well-known books, including Advanced Excel Essentials, Dashboards for Excel, and Becoming a Data Head. In addition to his work in Excel education, he produces global events that bring together leaders across finance, technology, and entrepreneurship.

Expect to Learn:

How Jordan’s career twists shaped his approach to Excel, data, and problem-solving
Why most professionals only scratch the surface of Excel’s capabilities
Jordan’s perspective on why VBA is outdated and what could replace it
Why vertical learning beats beginner–intermediate–advanced training paths

Here are a few quotes from the episode:

“Excel isn’t dead, but the way we develop in it needs to change.” – Jordan Goldmeier
“You don’t become great by learning everything. You become great by going deep where it matters.” – Jordan Goldmeier

Jordan also shares the story behind his latest project: a developer-style environment designed to help Excel power users work faster, cleaner, and more confidently, without relying on outdated tools like VBA. He explains why Excel should be treated as part of a broader finance tech stack and how modern coding concepts could dramatically improve spreadsheet workflows.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Jordan

LinkedIn - https://www.linkedin.com/in/jordangoldmeier/

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode:

[02:15] – Jordan’s Career Journey

[08:30] – Setbacks, Resets, and Growth

[15:00] – Writing Books on Excel

[25:59] – How Excel Is Really Used

[29:12] – Why VBA Is Outdated

[33:54] – Building Better Tools for Excel

[42:25] – Advice for FP&A Professionals

[47:16] – Creating Your Own Network

[52:12] – Rapid-Fire & Final Thoughts

How Finance Pros Can Fix Broken Reporting and End the Monday Morning Problem with Ian Wong

Wed, 17 Dec 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper sit down with Ian Wong, co-founder and CEO of Summation, to talk about one of the most frustrating challenges in finance and analytics: getting timely, trustworthy answers to basic business questions. Ian shares the story behind what he calls the “Monday Morning Problem” and explains why finance teams often spend weeks chasing insights that arrive too late to matter. The conversation explores the limits of dashboards, the risks of AI hallucinations in finance, and what decision-grade analytics really means.

In this episode, you will discover:

What the “Monday Morning Problem” is and why it slows down decision-making
Why dashboards and ad hoc reports often fail finance leaders
The risks of relying on generic AI tools for financial analysis
How decision-grade analytics differ from conversational AI
What the coming “query flood” could mean for data infrastructure and costs

Ian explains how Summation helps finance and operations teams move from manual data stitching to faster, more reliable insights. The discussion also covers AI hype versus reality, why trust matters so much in finance analytics, and how leaders can think more clearly about where AI fits into real business workflows.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance.

Follow Ian:

LinkedIn: https://www.linkedin.com/in/ian-wong/

Company: https://www.linkedin.com/company/summation-hq/

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:58] – Meet Ian Wong

[05:25] – The “Monday Morning Problem”

[09:23] – What Empathetic Leadership Really Means

[13:15] – How Enterprise Research Really Works

[16:34] – The Monday Morning Numbers Meeting

[21:25] – A Balance Sheet That Still Doesn’t Balance

[25:53] – Where AI actually helps finance teams

[28:27] – The AI Hype Question of 2025

[33:07] – Moving into Personal Questions

What Happens When the AI Tools Fail Basic Math and More with Ian and Giles

Tue, 16 Dec 2025 05:00:00 -0600

In this episode of The Mod Squad, hosts Paul Barnhurst, Ian Schnoor, and Giles Male continue their hands-on testing of AI tools for financial modeling. This time, they put Subset, an AI-powered spreadsheet tool still in beta, through its paces. The hosts explore whether Subset can realistically handle core financial modeling tasks, including importing Excel files, building three-statement models, and applying basic accounting logic. Along the way, they uncover significant limitations, bugs, and logical errors that highlight the risks of relying on unsupported or immature tools.

Expect to Learn

What Subset promises to do and how it performs in real-world testing
The challenges of importing Excel files into non-Excel environments
Why basic accounting logic still breaks many AI modeling tools
The risks of using outdated or unsupported AI tools found online
What it would actually take for professionals to move away from Excel

Here are a few quotes from the episode:

“There’s no AI on the planet that should tell you gross profit is revenue plus costs.” – Ian Schnoor
“It’s clever, but massively flawed and unreliable in lots of areas right now.” – Giles Male

Subset shows ambition in trying to act as a full AI spreadsheet, but the testing reveals serious issues, from incorrect formulas to flawed financial logic and unstable performance. While the tool demonstrates how far AI experimentation has come, it also serves as a cautionary example of why finance professionals must validate outputs and maintain strong technical foundations.

Follow Ian:

LinkedIn - https://www.linkedin.com/in/ianschnoor/?originalSubdomain=ca

Follow Giles Male:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

In today’s episode:

[02:40] – Welcome back to The Mod Squad

[05:04] – Introducing Subset and its promises

[08:38] – Importing Excel files into Subset

[11:27] – Errors, bugs, and beta limitations

[13:50] – Building a three-statement model from scratch

[19:25] – A Basic Revenue Reality Check

[22:37] – Why Excel Is Hard to Replace

[27:10] – Lessons learned from testing multiple tools

[30:01] – Why Structured Data Matters

The CFO Leading Talent, Operations & Corporate Communications (Kate Gulliver, CFO & CAO, Wayfair)

Mon, 15 Dec 2025 05:00:00 -0600

Disclaimer:

This is a podswap episode from The Growth-Minded CFO, hosted by Lauren Pearl and Alex Louisy, featuring Kate Gulliver, CFO and CEO of Wayfair.

The path to becoming a CFO today is rarely a straight line. Finance leaders are increasingly coming from diverse backgrounds, bringing a broad range of skills to the role. After all, the best CFOs don’t just manage numbers; they shape strategy, foster talent, and drive innovation across an organization.

In this episode of The Growth-Minded CFO, hosts Lauren and Alex sit down with Kate Gulliver, CFO and CAO of Wayfair. It's an insightful conversation about leadership, adaptability, and impact. Kate shares her journey from investor relations to overseeing finance, legal, talent, and corporate communication, offering a rare look at the evolution of a top executive.

She reflects on the challenges of stepping into new roles, the power of an entrepreneurial mindset in a high-growth company, and the lessons learned from integrating finance with people strategy. Kate also opens up about balancing a demanding career with motherhood and the importance of fostering an inclusive, authentic workplace.

In this Episode:

[00:58] - Meet Kate Gulliver: Wayfair's Multifaceted Leader

[01:53] - Journey Through Wayfair: From IPO to CFO

[06:55] - Transitioning to Talent: A Leap of Faith

[10:28] - Learning and Leading in Talent Management

[16:08] - The CFO Perspective: Integrating Talent and Finance

[17:11] - Navigating the CFO Role: Insights and Reflections

[18:50] - The Importance of Cross-Departmental Communication

[21:30] - Wayfair's Latest Launch: Wayfair Verified

[24:49] - Operationalizing New Ideas at Wayfair

[29:59] - Balancing Work and Life

[33:23] - The Importance of Authenticity at Work

Connect with Kate:

LinkedIn: https://www.linkedin.com/in/kate-gulliver-3b242762

Connect with Alex:

LinkedIn: https://www.linkedin.com/in/alexlouisy/

Connect with Lauren on LinkedIn: https://www.linkedin.com/in/laurenepearl/

Follow The Growth-Minded CFO:

Apple Podcast: https://podcasts.apple.com/us/podcast/the-growth-minded-cfo/id1773662367

YouTube: https://www.youtube.com/@Upflow_FRM

The Soft Skills in Finance for CFOs to Build Influence and Leadership with Rosemary Linden

Thu, 11 Dec 2025 05:00:00 -0600

In this episode of FP&A Unlocked, host Paul Barnhurst is joined by Glenn Snyder and Rosemary Linden to talk about the important role of FP&A in today’s business world. They share stories from their careers, including lessons learned from failures, unique requests they've received, and their experiences navigating the complex world of finance.

Glenn Snyder brings years of experience in finance and FP&A, focusing on budgeting, strategy, and improving financial processes. Rosemary Linden is the founder and president of Momentum CFO, where she provides fractional CFO services and FP&A consulting. With over 25 years in the industry, she recently won CFO of the Year from the San Diego Business Journal and is passionate about mentoring women in finance.

Expect to Learn:

How clarity, influence, and foresight define great FP&A work
The importance of empathy and communication in leadership roles
Real-world lessons from career failures and how to bounce back
Best practices for budgeting and data governance
How to make sure your financial forecasting is both transparent and trustworthy

Here are a few quotes from the episode:

“FP&A is all about helping leaders make better, faster decisions.” – Glenn Snyder
“The way you say things can matter just as much as what you say in FP&A.” – Rosemary Linden

Glenn and Rosemary shared valuable insights on the strategic role of FP&A, the importance of empathy in leadership, and how to learn from failures. Their stories and advice will help anyone in finance make a greater impact within their organization. Tune in for more practical tips on navigating the world of FP&A!

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Rosemary Linden:

LinkedIn - https://www.linkedin.com/in/rosemarylinden/

Company - https://www.linkedin.com/company/momentumcfo/

Follow Glenn:

LinkedIn - https://www.linkedin.com/in/glenntsnyder/

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode:

[02:04] – What makes great FP&A

[07:00] – Glenn’s career failure and lesson

[11:06] – Rosemary on empathy and tone in FP&A

[19:09] – Managing failure

[26:00] – Unusual FP&A requests

[38:40] – Streamlining budgeting and setting targets

[45:30] – Importance of data governance

[49:40] – FP&A’s role in raising capital

[54:35] – Final thoughts on FP&A’s impact

ERP and AI Failures Finance Pros Face Without Data and Process Governance with Cindy Vindasius

Wed, 10 Dec 2025 05:00:00 -0600

In this episode of The Future Finance Show, hosts Paul Barnhurst and Glenn Hopper sit down with Cindy Vindasius, an expert in accounting and process transformation with over 30 years of experience in the Silicon Valley ecosystem. Cindy, the founder and CEO of her advisory practice, shares her expertise on ERP implementations, system transformations, and how AI is reshaping the finance landscape. They discuss her experiences with ERP failures, her new online course for ERP readiness, and the challenges companies face when navigating ERP transformations and adopting AI tools.

Cindy Vindasius is a CPA and MBA with over 30 years of experience guiding high-growth technology and manufacturing companies through complex ERP, finance transformation, and AI-readiness initiatives. As the founder of Vindasius Advisory, she has led 12 ERP implementations, 8 IPO and M&A, and numerous SOX compliance projects. Her clients include industry leaders such as Tesla, Apple, 23andMe, and TenX. Through her ERP Preparedness Master Workshop and executive advisory programs, Cindy helps CFOs and CIOs align systems and processes for scale, resilience, and efficiency.

Expect to Learn:

Why legacy ERP systems are fundamentally flawed in design
Cindy’s journey into ERP transformations and system implementations
The complexity of ERP migrations and why they’re often harder than expected
How AI is changing ERP systems and the finance industry
Cindy’s ERP readiness course, which helps businesses prepare for successful ERP transformations

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

AI Readiness Assessment:

Take the free 3-minute AI Readiness Assessment to clearly identify your strengths and weaknesses across Finance and Operations: https://cindy-tooq6nwx.scoreapp.com/

AI First Vendor Evaluation Checklist:

Evaluate smarter and avoid costly mistakes with this AI First Vendor Evaluation Checklist packed with key criteria: https://www.vindasius.com/opt-in

Follow Cindy:

LinkedIn: https://www.linkedin.com/in/cindy-vindasius/

Website: https://www.vindasius.com

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:29] - Cindy’s Background and ERP Experience

[03:30] - The Challenges of ERP Implementations

[07:00] - AI’s Role in Changing ERP Systems

[10:10] - Lessons from AI-Native ERP Platforms

[12:00] - Cindy’s ERP Readiness Course

[16:30] - Closing Thoughts and Thanks

The Reality of AI Excel Tools for Finance Teams to Understand Formula Complexity with Ian and Giles

Tue, 09 Dec 2025 05:00:00 -0600

In this episode of The Mod Squad, hosts Paul Barnhurst, Ian Schnoor, and Giles Male continue their exploration of tools for financial modeling. This time, they test Melder, a tool designed to streamline financial modeling tasks in Excel. The hosts evaluate how it handles various financial exercises, such as creating formulas and generating a deferred revenue schedule. While the tool shows promise, the hosts identify areas where Melder has room to improve, particularly with bugs and user experience quirks. This episode also highlights the challenges of using tools still in beta.

Expect to Learn

A detailed review of Melder’s features for Excel-based financial modeling.
How Melder compares to other tools previously tested by the team.
Challenges faced when using Melder for tasks like building formulas and financial schedules.
The pros and cons of using Melder, especially when it comes to its unique features and limitations.
Insights into tools’ development process, especially when still in beta.

Here are a few quotes from the episode:

"I appreciate the confidence behind the bold statements, but at the end of the day, tools need to make sure they’re doing the job correctly." – Ian Schnoor
"When tools go wrong, it’s not just about fixing the error; it’s about understanding what went wrong so we can avoid future issues." – Giles Male

Melder offers some useful features for financial modeling, such as custom formulas and file handling, but it still faces challenges like data overwriting and slow performance. While it shows potential, especially in automating tasks, it needs further refinement to become a reliable tool for complex financial tasks. As it continues to evolve, we look forward to seeing how it improves and addresses these issues.

Follow Ian:

LinkedIn - https://www.linkedin.com/in/ianschnoor/?originalSubdomain=ca

Follow Giles Male:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

In today’s episode:

[00:31] - What is Melder?

[03:30] - Melder’s Website and Features

[08:40] - Testing Melder on Financial Modeling Tasks

[12:00] - Exploring Melder’s Formula Creation Capabilities

[14:30] - Overview of the LLM Model and Google Gemini Models

[19:43] - Testing the Trial Balance and Tool's Thought Process

[24:08] - Understanding Overengineered Formulas

[32:05] - Testing the PVM Use Case and Encountering Errors

[41:51] - Final Thoughts and Melder’s Future Potential

The CFO Role is Changing for Finance Leaders to Own AI, Talent, and Strategy with Omar Choucair

Thu, 04 Dec 2025 05:00:00 -0600

In this episode of FP&A Unlocked, host Paul Barnhurst sits down with Omar Choucair, the CFO of Trintech, to discuss the evolving role of the CFO, the importance of technology in finance, and the strategic value of FP&A teams. Omar shares insights on how AI is transforming financial operations, the need for technical skills in FP&A, and the shift in CFO responsibilities over the years.

Omar Choucair brings over 25 years of experience in corporate finance, accounting, governance, and FP&A. His background spans private equity, public company software businesses, and M&A deals, having successfully navigated over 40 major transactions. With expertise in financial software solutions, he leads Trintech in helping businesses automate and streamline critical financial processes.

Expect to Learn:

The evolving responsibilities of CFOs and the strategic value they provide in today's organizations
How AI and technology are revolutionizing finance and FP&A functions
The critical role of FP&A in helping companies understand and act on data
Why intellectual curiosity and technology expertise are essential for modern FP&A professionals
Key insights on hiring and developing top FP&A talent

Here are a few quotes from the episode:

“To be successful in FP&A, you have to be technically savvy. If you are afraid of technology, you will not do well in FP&A.” – Omar Choucair
“The CFO is the voice of reason, objective under pressure, and the protector of the company and its employees.” – Omar Choucair

Omar discusses the increased pressure on CFOs, the growing reliance on AI tools like ChatGPT, and the importance of being inquisitive to drive better financial insights. He also touches on the importance of collaboration between FP&A and other departments to drive business success and better decision-making.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Omar:

LinkedIn - https://www.linkedin.com/in/omar-choucair-cpa-80264815/

Company - https://www.trintech.com/

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode:

[02:04] - Omar’s Career Journey and Experience in Finance

[04:41] - Defining Great FP&A and What It Looks Like in Practice

[07:19] - The Role of Technology in Modern FP&A

[11:40] - Leveraging AI to Drive Efficiency in Finance

[14:04] - The Key to Unlocking FP&A Success

[26:21] - Best Practices for Building and Leading an FP&A Team

[33:13] - Integrating Business Intelligence into FP&A Workflows

[38:55] - Managing the Budgeting Process and Alignment with ELT

[44:27] - Key Skills for Future FP&A Leaders and Career Advice

What Finance Professionals Must Fix Before AI and ERP Transformations Fail with Cindy Vindasius

Wed, 03 Dec 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper are joined by systems and finance transformation expert Cindy Vindasius to explore why so many ERP implementations fail, and what companies can do to fix that. They discuss the often-overlooked groundwork needed before selecting a system or deploying AI tools, and why jumping straight to automation without strong data and processes is a recipe for chaos. Whether you're planning an ERP rollout or modernizing finance operations, this conversation is packed with practical guidance for long-term success.

In this episode, you will discover:

Why 70% of ERP implementations fail and how to avoid common missteps
What ERP readiness really means, and why it's often overlooked
How AI-native ERPs compare to legacy systems in real-world implementations
Why scalable data governance and documented processes are essential
How Cindy’s ERP Preparedness Master Workshop helps teams succeed

This episode highlights the often-missed foundations of ERP and AI success: preparation, clarity, and scalability. Cindy Vindasius shares the roadmap finance leaders need to transform systems from a source of chaos into a driver of growth.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance.

AI Readiness Assessment:

Take the free 3-minute AI Readiness Assessment to clearly identify your strengths and weaknesses across Finance and Operations: https://cindy-tooq6nwx.scoreapp.com/

AI First Vendor Evaluation Checklist:

Evaluate smarter and avoid costly mistakes with this AI First Vendor Evaluation Checklist packed with key criteria: https://www.vindasius.com/opt-in

Follow Cindy:

LinkedIn: https://www.linkedin.com/in/cindy-vindasius/

Website: https://www.vindasius.com

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:36] – Meet Cindy

[04:33] – ERP Beginnings

[07:43] – AI-Native ERP Landscape

[11:41] – AI in Finance

[15:25] – ERP Readiness Course

[21:36] – Data Migration Issues

[25:53] – ERP vs AI Readiness

[29:44] – Outsourcing Pitfalls

[30:46] – Rapid-Fire & Fun

[32:57] – Closing Thoughts

TrufflePig AI vs Excel for Finance Teams from Building Models to Real-Time DCFs with Ian Schnoor

Tue, 02 Dec 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, hosts Paul Barnhurst and Ian Schnoor continue their exploration of AI tools for financial modeling. This time, they test Trufflepig, a tool designed to help financial analysts automate spreadsheet tasks while still allowing them to focus on the insights. The hosts test Trufflepig on various financial modeling tasks, discussing its performance and how it compares to other tools they've used. They cover tasks such as building a DCF model for Nvidia, generating executive summaries, and creating a financial forecast. While Trufflepig performs well in some areas, there are still challenges that need to be addressed, particularly with certain financial concepts like working capital and net income.

Expect to Learn

A review of Trufflepig, an AI-powered spreadsheet tool.
How Trufflepig performs on real-world financial tasks.
The benefits and limitations of AI tools in financial modeling.
Insights into how Trufflepig compares with other financial modeling tools.

Here are a few quotes from the episode:

“The biggest advantage of using Trufflepig is that it helps you with the repetitive tasks, so you can focus on higher-level analysis.” - Ian Schnoor
“Trufflepig is an interesting tool, but as with any new software, there’s a learning curve. But if it delivers value, it’s worth it.” - Ian Schnoor

Trufflepig is a promising tool for financial professionals, particularly those looking to automate repetitive spreadsheet tasks. While it performs well on basic tasks like building DCF models and creating executive summaries, there are areas for improvement, especially around financial concepts like working capital and the handling of complex formulas.

Follow Ian:

LinkedIn - https://www.linkedin.com/in/ianschnoor/?originalSubdomain=ca

Trufflepig: https://Trufflepig.ai/

In today’s episode:

[01:40] – Review of Previously Tested AI Tools

[05:15] – Trufflepig’s Positioning and Messaging

[12:00] – Trufflepig Attempts the eSports Modeling Case

[22:00] – Challenges with TEXTSPLIT and Modern Excel Functions

[30:50] – Executive Summary Generation

[40:01] – Data Sourcing and Web Pulling Behavior

[49:26] – Reasons for DCF and Market Price Differences

[59:45] – Exporting to Excel and Formatting Issues

[1:12:26] – Final Review and Closing Thoughts

Power BI and a Creator Mindset Are Essential for FP&A Teams to Replace Excel with Rishi Sapra

Fri, 28 Nov 2025 05:00:00 -0600

In this episode of FP&A Unlocked, host Paul Barnhurst sits down with Rishi Sapra to explore how finance professionals can leverage business intelligence tools like Power BI to drive better decision-making. Rishi discusses how the role of FP&A is evolving with technology, and why it’s essential for finance teams to not only consume data but to create and model it in ways that deliver actionable insights.

Rishi Sapra is a Group Manager at Avanade, a global technology consulting firm, and a Microsoft Most Valuable Professional (MVP). With over 20 years of experience in major firms such as Deloitte, KPMG, HSBC, and Accenture, Rishi combines his financial expertise with cutting-edge data and AI solutions. Rishi is also the founder of Power Platform Finance, where he runs an accelerator program to teach finance professionals how to use tools like Power BI, Power Query, and semantic modeling to transform business data into actionable insights.

Expect to Learn:

Why learning Power Query is a must-have skill for every finance professional
The mindset shift from being a consumer of data to becoming a creator of data solutions
How to build simple, effective data models and dashboards using Power BI
Tips for applying semantic models and data storytelling in financial reporting
How AI and business intelligence tools are changing the role of FP&A professionals

Here are a few quotes from the episode:

“As a finance professional, you need to understand not just the data, but how to create the solutions that bring out insights from it.” – Rishi Sapra
“It’s less about learning every tool, and more about understanding the fundamentals that remain the same, regardless of the software.” – Rishi Sapra

Rishi Sapra highlights the importance of shifting from being a consumer to a creator of data solutions within finance teams. By mastering tools like Power BI and embracing a mindset of data storytelling, finance professionals can unlock actionable insights and drive meaningful change. Rishi’s advice empowers finance teams to not just adapt to technology, but to lead the way in transforming business intelligence.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Rishi:

LinkedIn - https://www.linkedin.com/in/rsaprano/

Website - www.rishisapra.com

Company 1 - www.msfabrictraining.com

Company 2 - www.learndatainsights.com

Company 3 - www.powerplatformfinance.com

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode:

[02:04] - Rishi’s Career Journey

[04:41] - Career Expectations After Accounting

[07:19] - Becoming a Microsoft MVP

[11:40] - Why Finance Needs Power BI

[14:04] - Shifting from Consumer to Creator

[26:21] - Best Ways to Learn BI

[33:13] - Integrating BI into FP&A

[38:55] - Dashboard & Visualization Tips

[44:27] - Best Career Advice

The ERP Problem for Finance Teams to Replace Consultant Lock-In with AI - Santiago Nestares

Wed, 26 Nov 2025 05:00:00 -0600

In this episode of The Future Finance Show, hosts Glenn Hopper and Paul Barnhurst speak with Santiago Nestares, co-founder and CEO of DualEntry, about the urgent need for modern ERP systems built from the ground up. Santiago shares the origin story behind DualEntry, born from his frustrations with legacy finance systems while scaling a $100M+ global business. The conversation explores how DualEntry eliminates painful ERP implementations, delivers live data in under 24 hours, and empowers finance teams to operate with greater automation and control

Santiago Nestares is the CEO and co-founder of DualEntry, an AI-native ERP platform. Prior to DualEntry, he co-founded Benitago, which scaled to over $100 million in revenue. His first-hand struggles with outdated ERP systems inspired him to build a finance platform that automates workflows, simplifies migrations, and improves operational transparency, without the typical consulting overhead or nine-month implementations.

Expect to Learn:

Why legacy ERP systems are fundamentally flawed in design
How DualEntry enables 24-hour data migrations with minimal disruption
The practical difference between AI-native vs. AI-layered ERP platforms
How consumer-grade experience is redefining enterprise finance software
Why ERP implementation doesn’t have to feel like back surgery

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Santiago:

LinkedIn: https://www.linkedin.com/in/santiago-nestares/

Website: https://www.dualentry.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:58] - ERP Pain Points from Scaling a $100M Business

[02:39] - Why Simple ERP Migrations Are Surprisingly Hard

[06:13] - From Stealth to $90M Series A

[10:01] - Where Finance Teams Will See ROI First

[14:42] - How 24-Hour ERP Migration Works

[19:26]- Fixing ERP: From Back Surgery to Massage

Elkar AI Put to the Test in Live Financial Modeling with Honest Results for Modellers - Ian & Giles

Tue, 25 Nov 2025 05:00:00 -0600

In this episode of The ModSquad on Financial Modeler’s Corner, Giles Male and Ian Schnoor put Elkar to the test, a financial modeling tool that's been getting attention for its speed and slick design. From solving structured Excel challenges to building full forecast models, they push the tool to its limits. What follows is a revealing look at how Elkar performs when accuracy, logic, and professional modeling standards are on the line. Along the way, they uncover surprising strengths, critical flaws, and even moments of unexpected comedy. Whether you’re curious about automation or cautious about AI in finance, this episode offers plenty to think about.

Expect to Learn

What Elkar gets right: speed, formatting, and a sleek interface
Where it breaks down: logic errors, disconnected assumptions, and unreliable outputs
How Elkar stacks up against other AI tools like TabAI and Agent
Why using AI without understanding modeling fundamentals can be dangerous
What it takes to turn a promising AI output into a reliable financial model

Here are a few quotes from the episode:

"Right now, Elkar is like a junior analyst, you see potential, but you can't let them run unsupervised." - Giles Male
"AI tools like this might build something that looks like a model, but without logic, it’s a house of cards." - Ian Schnoor

In this episode, Elkar proves to be a fast and visually polished AI tool with clear potential, especially in formatting and task execution speed. However, when it comes to financial logic, assumption structuring, and balance sheet integrity, it consistently misses the mark. The tool even resorts to shortcuts like hardcoding values and plugging imbalances.

Follow Giles Male:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

Follow Ian:

LinkedIn - https://www.linkedin.com/in/ianschnoor/?originalSubdomain=ca

Elkar: https://elkar.co

In today’s episode:

[06:48] - Exploring Elkar: Website, Pricing, and Features

[10:34] - Elkar Takes on the Esports Excel Challenge

[20:14] - Elkar Gets Caught Cheating

[24:18] - Elkar Struggles with Complex Logic

[35:45] - Cash Flow Logic & Balance Sheet Errors

[46:38] - From Hardcoding to Dynamic Assumptions

[53:45] - Balance Sheet Plugging and Logical Failure

[57:34] - Reviewing Elkar’s Working Capital Assumptions

[1:04:20] - Wrap up & Final Thoughts

Key learnings and takeaways from actual attendees of Campfire's AI finance summit

Thu, 20 Nov 2025 05:00:00 -0600

In this episode of FP&A Unlocked, host Paul Barnhurst takes you inside the Campfire Finance Forward AI Summit in San Francisco, a one-of-a-kind event exploring how AI is transforming finance. Instead of one guest, this special edition features four conversations with top finance leaders and innovators who share what they’re seeing, building, and doing with AI in real time. From ERP innovation to the EQ behind great CFOs, this episode delivers tactical advice and big-picture thinking from the forefront of modern finance.

John Glasgow is the CEO and co-founder of Campfire, leading the charge in AI-native ERP innovation for modern finance teams. CJ Gustafson, the founder of Mostly Metrics and a former CFO, brings real-world insights on scaling, AI adoption, and the shift from executive to creator. Libby Francke, Head of Finance at Klarity, shares her experience modernizing data infrastructure and running a lean, high-impact finance function with Campfire. Kevin Neary, VP of Finance at Brainly, reflects on managing global finance operations and how AI is helping his team boost efficiency and productivity.

Expect to Learn:

Why Campfire is building an AI-native ERP with its own large accounting model
How to identify when legacy systems like QuickBooks are holding your company back
What makes great FP&A beyond technical skill: EQ, storytelling, and sniff tests
How to think tactically about AI adoption, agents, and automation

Here are a few quotes from the episode:

“Trying to make the most of AI and low-cost solutioning is how we’re building the finance function of the future.” - Libby Francke
“A lot of companies are stuck in pilot purgatory; they test AI, think it’s cool, but don’t know how to roll it out.” - CJ Gustafson

This special episode of FP&A Unlocked captures the momentum and insight from the Campfire Finance Forward AI Summit, showcasing how finance leaders are navigating the rapid shift toward AI-native systems. From foundational models to practical automation, the conversations with John Glasgow, CJ Gustafson, Libby Francke, and Kevin Neary highlight that the future of finance isn’t just about technology; it’s about strategic thinking, clean data, and bold leadership.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow John:

LinkedIn - www.linkedin.com/in/johnglasgow/

Follow CJ Gustafson:

LinkedIn - https://www.linkedin.com/in/cj-gustafson-13140948/

Follow Libby:

LinkedIn - https://www.linkedin.com/in/libby-francke-cpa-831b4854/

Follow Kevin:

LinkedIn - https://www.linkedin.com/in/kevin-neary-cpa/

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[01:37] - Overview of the Campfire Summit & Key Panels

[07:39] - Interview: John Glasgow on Building Campfire and AI-Native ERP

[15:47] - Interview: CJ Gustafson on Scaling, AI Hype, and EQ in Finance

[29:00] - Interview: Libby Francke on ERP Migration, Data, and Lean Finance Teams

[37:58] - Interview: Kevin Neary on Global Finance Ops and Getting AI-Ready

[44:52] - Final Reflections & Takeaways

DualEntry's Co-founder Santiago Nestares shares why Mid-Market CFO are ditching Legacy ERPs

Wed, 19 Nov 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper talk with Santiago Nestares, co-founder and CEO of DualEntry, about the reinvention of ERP systems through AI-native design. After scaling a global e-commerce business to over $100 million in revenue, Santiago experienced the frustrations of legacy finance systems firsthand. That pain sparked the vision for DualEntry: an ERP platform built from the ground up for the AI era.

Santiago Nestares is the CEO and co-founder of DualEntry, an AI-native ERP platform. Before DualEntry, he co-founded Benitago, a leading Amazon brand aggregator. His experience running a multi-entity, high-growth business exposed the inefficiencies in traditional finance systems, inspiring him to build a next-gen ERP solution from scratch.

In this episode, you will discover:

Why legacy ERP systems are fundamentally broken, and how AI changes the game
How DualEntry enables 24-hour ERP data migration
The role of AI in journal entries, reporting, and reconciliation
How auditors are embracing automation and AI for compliance and accuracy
Why ERP systems must evolve beyond just being "AI-enabled" to truly AI-native

Santiago Nestares joins Paul and Glenn to reveal how DualEntry is transforming ERP for the AI era. From eliminating painful migrations to building systems finance teams actually enjoy using, Santiago makes it clear: the future of ERP is AI-native, fast, and built with users in mind. ERP doesn’t have to be a burden. With the right tools, it can become a strategic advantage.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Santiago:

LinkedIn: https://www.linkedin.com/in/santiago-nestares/

Website: https://www.dualentry.com/

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:36] - Lessons from Scaling to $100M & ERP Frustrations

[03:37] - Why ERP Migrations Are So Broken

[07:47] - How DualEntry Raised a $90M Series A

[10:51] - AI-Native vs. AI-Enabled ERP Systems

[18:23] - Challenges and Realities of 24-Hour ERP Migration

[23:26] - Why Building a Mid-Market ERP Is a Bold Move

[28:18] - Using AI in Audits & Real-Time Reporting

[31:45] - Rapid-Fire AI Questions

[35:52] - Final Reflections & Wrap-Up

Testing Shortcut AI's bold claims: Did it live up to the hype with Giles Male

Tue, 18 Nov 2025 05:00:00 -0600

In this episode of The ModSquad on Financial Modeler’s Corner, Paul Barnhurst and Giles Male put Shortcut under the AI microscope, testing one of the most hyped AI tools in the financial modeling world. With claims like “the most accurate Excel agent in the world” and the ability to outperform human champions in modeling tasks, Shortcut has made a big splash, but does it live up to its own bold promises? Paul and Giles run it through a rigorous series of real-world modeling challenges, from esports cases and financial forecasts to dashboard analysis and deferred revenue schedules. What they find is a tool with clear potential, and some serious red flags.

Expect to Learn

Where Shortcut impresses with formatting, speed, and usability
Where it fails, especially with modeling logic
How Shortcut compares to Excel Agent and TabAI across key modeling tasks
Why reversing formatting in a model is a huge red flag
What to consider when investing in premium AI tools for modeling

Here are a few quotes from the episode:

“Shortcut has potential, but right now it’s flash over fundamentals.” - Giles Male
“Could you imagine an analyst reversing formatting to make a number look negative? They’d be out the door.” - Giles Male

Despite the hype, Shortcut proved to be a solid tool with promise. It delivered impressive formatting and UI, yet had some serious issues like incorrect logic, hardcoded values, and non-balancing models, which held it back. A promising AI assistant, just not a replacement for real modeling expertise.

Follow Giles Male:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

In today’s episode:

[01:15] - Intro & Where the AI Modeling Journey Stands

[05:11] - Shortcut: First Impressions & Bold Claims

[14:28] - Viral Demo Video Breakdown

[23:12] - Esports Challenge: Basic Excel Tasks

[31:19] - Intermediate Case: Modeling Accuracy

[36:10] - Building a 3-Statement Forecast

[44:24] - Red Flags: Formatting & Balance Sheet Errors

[50:27] - Deferred Revenue Test

[56:32] - Trial Balance Dashboard: Visuals vs. Substance

[1:07:22] - Final Thoughts & Shortcut's Ranking

Best Practice Tips to Successfully Implement FP&A Software with James Myers

Thu, 13 Nov 2025 05:00:00 -0600

In this episode of FP&A Unlocked, Paul welcomes James Myers, a financial systems and planning expert known for helping organizations modernize their FP&A functions. Drawing from years of experience implementing planning, modeling, and consolidation tools, James breaks down what makes FP&A software implementations succeed or fail. From understanding when your system has reached its limits to managing change and choosing the right implementation partners, James shares the steps every finance leader should take to avoid expensive mistakes.

James Myers has led multiple large-scale planning system implementations for global organizations. He specializes in modeling and financial planning solutions that help companies reduce reliance on spreadsheets, improve collaboration, and achieve scalable performance management. His consulting work spans industries including manufacturing, technology, and retail, where he focuses on aligning processes, people, and systems for long-term success.

Expect to Learn:

The signs your FP&A system is broken and ready for replacement
How to select the right planning or modeling tool for your company size
The real cost behind system implementation (and how to plan for it)
Why clean data and cross-functional collaboration are essential
Best practices for RFPs, vendor selection, and proof of concept testing

Here are a few quotes from the episode:

“Reducing reliance on Excel isn’t about killing it, it’s about freeing up your team to think strategically.” - James Myers
“The role of FP&A is to be a true value partner to the business—combining data, strategy, and people.” - James Myers

James Myers reminds us that FP&A transformation is less about tools and more about mindset. By focusing on vision, data quality, and collaboration, finance teams can build systems that scale with their companies instead of holding them back. If you’re preparing for a software upgrade or implementation, this episode will help you do it right the first time.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow James:

LinkedIn - https://www.linkedin.com/in/jamesmyersw/

Follow Glenn:

LinkedIn - https://www.linkedin.com/in/glenntsnyder/

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[00:00] - Trailer

[01:58] - What Makes Great FP&A

[03:17] - Signs Your Current System is Broken

[07:03] - The Hidden Cost of Excel Dependency

[08:16] - How to Choose the Right FP&A Tool

[13:35] - Setting a Vision Before Selecting Vendors

[22:52] - RFP and Demo Best Practices

[30:36] - Negotiating the Best Deal Without Cutting Corners

[36:35] - Why Change Management Matters Most

[47:00] - Implementation Pitfalls and How to Avoid Them

[52:40] - Final Thoughts: Building the Future of FP&A

The NetSuite AI & MCP Connector Help Finance Teams Turn ERP into a System of Action with Ranga & Joe

Wed, 12 Nov 2025 05:00:00 -0600

In this episode of Future Finance, Glenn Hopper and Paul Barnhurst sit down with Joe Friedman and Ranga Bodla from Oracle NetSuite to explore how AI is transforming enterprise resource planning (ERP) systems. Amidst rising competition and a rapidly changing tech landscape, NetSuite is doubling down on intelligent automation, open platforms, and embedded AI to redefine how finance teams operate.

Joe Friedman is the Senior Director of AI Innovation at Oracle NetSuite, driving efforts to integrate practical AI across finance and operations. With over 15 years at NetSuite, Joe focuses on converting AI into measurable productivity gains. Ranga Bodla is the Vice President of Field Engagement and Marketing at Oracle NetSuite, with more than 20 years in enterprise software. He leads industry strategy across verticals, helping businesses convert innovation into performance

Expect to Learn:

Why AI is reinvigorating interest in ERP platforms like NetSuite.
How NetSuite’s AI strategy balances “AI every day” and “AI your way.”
What the MCP connector does and why it’s a game-changer for data analysis.
How NetSuite’s clean data models fuel better AI outcomes and user productivity.

Joe Friedman and Ranga Bodla offer a compelling look at how NetSuite is embedding AI into the core of ERP to drive smarter, faster decision-making. Their insights show that clean data, open platforms, and practical AI tools are key to transforming finance operations today.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Joe:

LinkedIn: https://www.linkedin.com/in/friedman-ns/

Follow Ranga:

LinkedIn: https://www.linkedin.com/in/ranga-bodla-bb45b/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[02:00] – Where NetSuite Stands in Today’s ERP Landscape

[05:17] – Why ERP and AI Go Hand-in-Hand

[07:29] – AI Every Day, AI Your Way: What NetSuite’s MCP Connector Unlocks

[10:29] – Practical AI Integration Inside NetSuite

[13:30] – Real-World Use Cases for AI in Finance

[16:22] – AI Agents, Automation, and What’s Coming Next

[18:05] – SaaS as the Real Driver of AI Adoption

[19:48] – Why Clean Data Fuels Better AI Outcomes

[21:12] – Closing Thoughts

How TabAI stacks up as an Excel AI Agent for Financial Modeling Pros, with Ian and Giles

Tue, 11 Nov 2025 05:15:00 -0600

In this episode of The Mod Squad on Financial Modeler’s Corner, Paul Barnhurst, Ian Schnoor, and Giles Male take a close look at TabAI, a tool designed to simplify and speed up Excel tasks using automation and intelligent suggestions. With more tools dropping out of the market and Excel’s own Agent feature gaining ground, the question is simple: Does TabAI offer something worth switching to? From cleaning data and building dashboards to attempting a full five-year forecast, the team puts TabAI through a series of real-world modeling challenges to see what it gets right and where it still falls short.

Expect to Learn

Where TabAI shines in helping analysts and where it needs improvement.
How does it compare to Excel Agent in terms of speed, usability, and accuracy?
Why finance pros still need to understand what’s going on under the hood.
What to watch for when relying on tools that promise “done-for-you” modeling.

Here are a few quotes from the episode:

“Agent was faster, but TabAI handled more advanced stuff better.” - Ian Schnoor
“AI is great at building things fast, but one small mistake can make the whole model unusable.” - Giles Male

TabAI turned out to be one of the more impressive tools we’ve tested so far, especially when it comes to everyday Excel tasks and building dashboards. It’s not perfect, especially with full-scale models, but it’s definitely a step in the right direction. For now, it’s a great helper, but you’ll still need your own modeling skills to get the job done right.

Follow Ian Schnoor:

Follow Giles Male:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

In today’s episode:

[02:28] - TabAI Leaves Retail

[05:17] - Competing with Excel Agent

[06:50] - TabAI Feature Overview

[10:30] - The “Iron Man Suit” Claim

[14:28] - eSports Case Test

[23:12] - Dancing Fur Coat Model

[29:14] - Trial Balance Dashboard

[33:56] - Deferred Revenue Test

[38:36] - Full Forecast Model Build

[51:10] - Final Thoughts

The Strategy Gap in FP&A for Finance Leaders to Bridge Cash Flow and Planning with Moataz Mukhaimer

Thu, 06 Nov 2025 05:00:00 -0600

In this episode of FP&A Unlocked, Paul is joined by strategic advisor and podcast host Moataz Mukhaimer to explore the intersection of finance and strategy, where true business impact is made. With over 20 years of experience guiding SMEs, family-owned businesses, and startups across the Middle East, Moataz explains why finance professionals must step beyond Excel and deeply understand the business to add real value. From diagnosing problems through numbers to designing KPIs that reflect a company’s vision, this episode is a masterclass in how FP&A can lead, not just support.

Moataz Mukhaimer is a strategic and financial advisor with over 20 years of experience supporting SMEs across the MENA region. A graduate of McGill University (MBA) and Boston University (BA in Accounting & Finance), he specializes in helping businesses identify challenges and align strategy with execution. His client portfolio spans sectors including retail, med-tech, e-commerce, ed-tech, manufacturing, and software.

Expect to Learn:

Why cash from operations is the true measure of business value
How to design KPIs that align with both strategy and financial outcomes
Why most pricing problems are rooted in poor positioning, not high costs
How to diagnose problems through both numbers and conversations
The two most important habits for connecting finance with strategy

Here are a few quotes from the episode:

“Most companies aren’t overpricing, they’re underpricing and positioning poorly.” - Moataz Mukhaimer
“Cash from operations is the truest form of value creation.” - Moataz Mukhaimer

Moataz Mukhaimer reminds us that the power of FP&A lies in understanding the whole business, not just the numbers. By aligning strategy with financial planning, simplifying KPIs, and focusing on communication, finance professionals can become essential partners in growth. If you're ready to elevate your impact, this episode is for you.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Moataz:

LinkedIn - https://www.linkedin.com/in/moataz-mukhaimer/

Website - https://moatazmukhaimeradvisory.com/

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[04:05] - What Defines Great FP&A?

[05:56] - Great Planning in Action

[08:40] - Cash Flow is Queen

[14:15] - Why Budgeting Often Fails

[26:45] - Pricing: The Hidden Problem

[30:04] - Moataz’s Four-Part Strategy Framework

[33:07] - Diagnosing Problems Through People and Numbers

[36:27] - Advice for Connecting Finance to Strategy

[40:09] - Hosting Business Talk and Giving Back

[43:36] - FP&A Fast Five

[48:31] - Final Advice: Always Tie Finance to Strategy

How NetSuite uses AI and how the NetSuite Connector is a Game Changer for accountants with Joe and Ranga

Wed, 05 Nov 2025 04:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper sit down with NetSuite’s Joe Friedman and Ranga Bodla to explore how AI is transforming enterprise resource planning (ERP) systems. With decades of combined experience in enterprise software, Joe and Ranga discuss how NetSuite is innovating ERP through AI-native capabilities, open platforms, and real-time automation. The conversation spans AI agent adoption, data clarity, and how finance teams can start harnessing AI today without major overhauls.

In this episode, you will discover:

Why NetSuite believes ERP is the core of AI transformation in finance
How the new MCP connector integrates AI agents like Claude and ChatGPT
Practical AI use cases: from variance analysis to journal entry creation
Why clean ERP data is essential for effective AI outcomes
How companies can start AI initiatives without high risk or cost

Joe Friedman and Ranga Bodla offer a compelling look at how NetSuite is leading the charge in making AI practical and accessible within ERP systems. Their insights show that businesses don’t need massive overhauls to start seeing value from AI, just clean data and the right tools. As ERP evolves, NetSuite’s hybrid approach positions it to stay ahead. This episode is a must-listen for anyone navigating the intersection of finance, tech, and AI.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Joe:

LinkedIn: https://www.linkedin.com/in/friedman-ns/

Follow Ranga:

LinkedIn: https://www.linkedin.com/in/ranga-bodla-bb45b/

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[04:15] - Competing with New ERP Platforms

[09:42] - What is MCP & AI Everyday?

[13:47] - AI Use in Daily Finance Tasks

[20:18] - Why Many AI Projects Fail

[27:14] - How to Start with AI in NetSuite

[30:25] - Building AI Workflows Without Engineers

[35:19] - Future of ERP: Embedded AI vs. External Agents

[39:33] - The Most Human Thing About AI

[43:49] - Closing Thoughts & Takeaways

How AI Excel Tools Stackup Against the Hype and How Excel Agent Has Disrupted the Marketplace with Ian and Giles

Tue, 04 Nov 2025 04:00:00 -0600

In Episode 5 of The ModSquad on Financial Modeler’s Corner, Paul Barnhurst, Ian Schnoor, and Giles Male take a hard look at the changing landscape of financial modeling in the wake of Microsoft’s release of Excel Agent. Since launching at the end of September to coincide with Excel’s 40th birthday, Excel Agent has quickly changed the competitive dynamics for AI-powered modeling tools. The team explores the implications: how Excel Agent’s capabilities compare to other tools, why third-party platforms are shutting down, and what all this means for the future of work in modeling-heavy industries like investment banking.

Expect to Learn

Why Excel Agent is pushing competing modeling tools like Rosie AI out of the market.
What makes Excel Agent a “magnifier” of both modeling skill and error.
How fast AI is evolving inside Excel and what that means for modelers today.
Why AI won’t reduce hours in finance, despite speeding up modeling work.
What OpenAI’s Project Mercury reveals about the next phase of automation in investment banking.

Here are a few quotes from the episode:

“You can't hit a prompt, go get a coffee, and expect a working model.” – Giles Male
“If you don’t understand what the AI just built, you’re in trouble.” – Ian Schnoor

This episode makes it clear: AI is not a replacement for skill; it’s a multiplier. Excel Agent may be setting the new standard, but success still comes down to human understanding, judgment, and accountability. As the modeling world evolves rapidly, professionals who stay informed and upskill will thrive. The Mod Squad isn’t slowing down either; more tool reviews and sharp conversations are coming.

Follow Ian Schnoor:

Follow Giles Male:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

In today’s episode:

[05:29] - AI Tools Recap

[07:26] - AI Hype and Hidden Risks

[10:23] - AI as a Skill Magnifier

[13:48] - Microsoft’s Impact on AI Startups

[16:15] - Rapid Evolution of Excel AI

[21:29] - OpenAI’s Role in Financial Modeling

[29:17] - Understanding Assumptions and Calculations

[31:53] - Final Thought

The Transformation Framework for CFOs to Lead Strategy, Culture & Execution at Scale with Paul S. Young

Mon, 03 Nov 2025 05:00:00 -0600

Note:

This episode is a pod swap from The Diary of a CFO. We’re sharing it here to help you discover another excellent show in the finance leadership space. All content belongs to the original podcast and host Wassia Kamon.

In this episode of The Diary of a CFO, Wassia Kamon sits down with Paul S. Young, EVP and CFO at Liberty Bank, to uncover what modern finance leadership looks like in an era of rapid transformation. With decades of experience across institutions like TD Bank, Citizens Bank, and Siemens, Paul shares how CFOs can lead with purpose by aligning strategy, driving innovation, and cultivating future-ready talent. From intelligent automation to authentic leadership, this episode offers a comprehensive framework for CFOs navigating complexity at scale.

Paul S. Young is the Senior Executive Vice President and Chief Financial Officer at Liberty Bank, the oldest and largest independent mutual bank in the U.S. With over 25 years of experience spanning finance, digital transformation, and strategy, Paul is a respected leader in shaping the future of finance. He serves on the AICPA Future of Finance Leadership Advisory Group and the AICPA Council, helping steer the next generation of financial professionals.

Expect to Learn

How Liberty Bank integrates strategic planning into its budgeting cycle for real impact
Why creating a Business Transformation Office and EPMO was a game-changer
Where AI and intelligent automation fit in the finance function, without losing the human touch
How finance apprenticeship and rotational programs are developing future leaders
Paul’s leadership philosophy is rooted in authenticity, gratitude, and work-life balance

Here are a few quotes from the episode:

“You prepare for this all your life. Have the courage of your convictions and don’t be afraid to fail.” – Paul S. Young
“AI won’t replace people, but it will replace the people who don’t embrace AI.” – Paul Young

Connect with Guest Paul S. Young

LinkedIn: https://www.linkedin.com/in/pyoungcpa/

Liberty Bank: https://www.linkedin.com/company/liberty-bankct/

Liberty Bank (Website): https://www.liberty-bank.com/

AICPA Future of Finance Leadership Advisory Group: https://www.aicpa-cima.com

Connect with Host Wassia Kamon on

LinkedIn: https://www.linkedin.com/in/wassiakamon/

Instagram: https://www.instagram.com/wassiakamon/

Connect with The Diary of a CFO Podcast on

LinkedIn: https://www.linkedin.com/company/the-diary-of-a-cfo-podcast/

YouTube: https://www.youtube.com/@Thediaryofacfopodcast/featured

Website: https://www.thediaryofacfo.com

X (Twitter): https://x.com/thediaryofacfo?

TikTok: https://www.tiktok.com/@csuitestories?

Episode Breakdown with Timestamps

[00:00:00] – Introduction to Paul Young and His Role at Liberty Bank

[00:02:00] – From Prudential Insurance to CFO: Paul's Career Journey

[00:07:11] – Lessons from the Transition to Corporate CFO

[00:12:15] – Aligning Strategic Planning and Budgeting for Agility

[00:18:40] – Launching the Enterprise Project Management Office (EPMO)

[00:24:00] – How the Business Transformation Office Enables Intelligent Automation

[00:31:00] – AI in Finance: Balancing Tech and Human Judgment

[00:37:20] – Cultivating Talent Through Apprenticeships and Rotational Programs

[00:46:00] – Paul’s Leadership Principles: Authenticity, Gratitude, and Balance

[00:47:45] – Personal Reflections: Family, Boating, and Life as “PopPop”

The Power of Teaching in FP&A to Influence Executives & Bridge Communication Gaps with Carl Seidman

Thu, 30 Oct 2025 05:00:00 -0600

In this episode of FP&A Unlocked, Paul and Glenn are joined by Carl Seidman to explore a powerful but often overlooked role in finance: being a teacher. Drawing from decades of experience across consulting, education, and finance leadership, Carl discusses how FP&A professionals must learn to teach, whether it’s helping executives see the story behind the numbers, guiding junior staff, or translating finance for cross-functional teams. The episode is packed with practical advice, personal stories, and thoughtful insights about how teaching, influence, and communication shape success in finance.

Carl Seidman is a seasoned management consultant, fractional CFO, and educator. With over 20 years of experience advising companies from startups to Fortune 500s, Carl also teaches at Rice University and runs finance training programs for corporate teams. He brings a unique blend of technical mastery, business strategy, and teaching skill, making him the perfect voice to discuss why FP&A must go beyond the spreadsheet and into the realm of influence.

Expect to Learn:

Why teaching is an essential skill for every FP&A professional
How to tailor your message to different audiences, from analysts to executives
Why oversharing details can derail your influence
How to spot when your audience is confused (and how to pull them back in)
Practical strategies for teaching finance without using jargon or acronyms

Here are a few quotes from the episode:

“The best presenters speak to the audience’s needs, not their own ego.” - Carl Seidman
“FP&A is often the bridge, translating finance for operations and operations for finance.” - Glenn Snyder

Carl Seidman reminds us that the heart of FP&A isn’t just analysis, it’s communication, clarity, and connection. Through teaching, finance professionals can elevate their impact, build trust, and drive real business understanding. This episode reinforces that the most effective finance leaders don’t just present data, they help others make sense of it.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Carl:

LinkedIn - linkedin.com/in/carlseidman

Website: seidmanfinancial.com

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[02:30] - Meet Carl Seidman

[04:48] - What Does “FP&A as a Teacher” Mean?

[08:20] - Teaching Early in Your Career

[19:33] - Who Does FP&A Need to Teach?

[25:54] - Teaching Financial Impact

[29:19] - Ditch the Jargon

[35:44] - Spotting Confused Audiences

[41:59] - Teaching for Long-Term Growth

[43:58] - Celebrity on a Deserted Island

The AI Paradox for Finance Leaders to Solve with Data Clarity & Smarter Decisions - Khaled Chowdhury

Wed, 29 Oct 2025 05:00:00 -0600

In this episode, Paul sits down with renowned data strategist Khaled Chowdhury to unpack what it means to bring clarity to data in the age of AI. With a background in FP&A and a track record as an early Power BI adopter, Khaled brings a rare blend of financial and technical expertise. The conversation explores the concept of "data clarity," the challenges behind AI adoption in business, and why clean data models matter more than ever.

Khaled Chowdhury is a globally recognized expert in data strategy and the founder of Data Crafters. With roots in FP&A, Khaled was among the first to integrate Power BI into planning workflows. Today, he helps executives and teams transition from data chaos to clarity, particularly as AI transforms the business landscape.

Expect to Learn:

What “data clarity” really means and why it matters for business decisions.
The two big barriers preventing organizations from becoming data-driven.
What the “AI paradox” is and why 95% of enterprise AI projects fail.
Why your data model is the hidden make-or-break factor in using AI tools.
How to think about probabilistic vs. deterministic results in AI systems.

Khaled Chowdhury and Paul Barnhurst offer a thought-provoking exploration of how data and AI are reshaping decision-making in the modern enterprise. From breaking down the myths of being data-driven to unpacking the AI paradox, their conversation highlights the growing need for clean data, smart models, and strategic thinking.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Khaled Chowdhury:

LinkedIn: https://www.linkedin.com/in/khaledchowdhury/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:44] - Defining Data Clarity and the Cost of Chaos

[04:05] - Data-Informed Gut vs. Data-Driven Myths

[06:54] - The AI Paradox Explained

[09:18] - Why AI Projects Fail in the Enterprise

[13:33] - Clean Data Models: No Hiding Behind Lipstick

[14:26] - Closing Thoughts & What’s Next

Testing The New Microsoft Excel Agent for Finance Pros with Ian and Giles

Tue, 28 Oct 2025 05:00:00 -0600

In this episode of The ModSquad on Financial Modeler's Corner, Paul Barnhurst, Ian Schnoor, and Giles Male explore Microsoft’s newly released Excel Agent, a beta tool designed to bring AI into Excel Online. The team compares its performance to Rosie AI, running both through a range of tasks, including formula building, audit reviews, and a full five-year model forecast. Along the way, they test the tools against real modeling challenges like the Excel Esports case and a creative custom case, "The Humble MVP." This isn’t just about flashy tech. It’s a deeper conversation on where AI can help, where it falls short, and why core financial modeling skills still matter.

Expect to Learn

What happened when Excel Agent tried to build a full five-year forecast model.
Why solid modeling skills still beat "one-click" AI hype.
Where AI tools succeed, and fail, in reviewing formulas and detecting issues.
Why you should never fully trust AI without understanding what it’s doing.

Here are a few quotes from the episode:

“Building a model is like flying a plane; you don’t want a rookie in charge when something breaks.” - Ian Schnoor
“You can’t hit a prompt, go get a coffee, and expect a working model.” - Giles Male

Follow Ian Schnoor:

Follow Giles Male:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

In today’s episode:

[02:21] - What is an Excel Agent and why does it matter?

[05:37] - Sharpen Your Modeling Skills

[06:51] - Modeling Requires Human Judgment

[09:27] - Esports Case: Rosie AI vs Excel Agent Test

[19:39] - Excel Agent Hangs in Beta Mode

[25:26] - Testing PVM in the Smoothie Business Case

[30:01] - Ian Takes Over: Testing Excel Agent on AFM Model

[44:11] - Building a five-year forecast model from scratch

[55:19] - Adding a revolver to the model

[01:00:12] - Why the balance sheet doesn’t balance

[01:03:46] - Final thoughts and takeaways

The Complexity Trap in Finance for FP&A Pros to Escape Using Simpler Tools & Strategy - Matt Brattin

Thu, 23 Oct 2025 00:45:00 -0600

In this episode of FP&A Unlocked, host Paul Barnhurst talks with Matt Brattin, a former CFO who’s now building solutions to cut down on the complexity that often slows finance teams down. Drawing from his 20-year career in FP&A, Matt shares what inspired him to start Siplify and Close Pack, two platforms designed to save time and reduce manual work, especially around sales commissions and reporting. The conversation also explores leadership, analytics, and what it really takes to drive value in finance.

Matt Brattin is a finance leader turned entrepreneur. After serving as a CFO, Matt launched two startups: Siplify, which helps automate and streamline sales commission processes, and Close Pack, a tool aimed at making financial reporting more efficient. He’s also writing The Art of Analytics, a book that ties together strategy, storytelling, and behavioral insights. Matt brings a deep understanding of finance, technology, and human behavior to every conversation.

Expect to Learn:

Why most commission plans fail, and how to fix them
The value of simplicity in finance systems and processes
How behavioral insights and empathy can improve analytics
Why storytelling matters more than models at the executive level
Tips for building tools that actually make a difference for finance teams

Here are a few quotes from the episode:

"Nobody gives a crap about your model. They want the story, and they want the numbers to make sense." - Matt Brattin
"Authentic leadership; there is no substitute for that. Life is too short to act like somebody else when you're at work." - Matt Brattin

Matt Brattin shows how true FP&A impact comes from simplifying complexity, leading with authenticity, and combining technical skill with a deep understanding of human behavior. His journey from CFO to founder highlights the value of clarity, behavioral insight, and thoughtful system design.

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for the general ledger, revenue automation,

close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Matt:

LinkedIn - https://www.linkedin.com/in/mattbrattin/

Website - https://siplify.io/

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[02:27] - Matt’s Mission: Saving a Million Hours

[04:11] - What Great FP&A Really Looks Like

[08:26] - Leadership Lessons from the CFO Seat

[14:10] - Writing ‘The Art of Analytics’

[21:53] - Building Siplify and Close Pack

[28:16] - Real Talk on Sales Commissions

[37:02] - Advice for First-Time Commission Owners

[45:04] - FP&A Skills: From Excel to Selling the Story

[55:49] - Final Thoughts and How to Connect

Why AI Projects Fail for Finance Teams and How Power BI and Clean Data Fix It with Khaled Chowdhury

Wed, 22 Oct 2025 05:00:00 -0600

In this episode of Future Finance, host Paul Barnhurst speaks with data expert Khaled Chowdhury, a renowned leader in the data and AI space. Khaled shares his journey from finance to data analytics, offering insights into the evolving role of AI in business decisions, the importance of data clarity, and how tools like Power BI and Fabric are transforming the data landscape. Khaled’s approach to data clarity in the age of AI brings a fresh perspective to the conversation on how companies can leverage data to make better, faster decisions.

Khaled Chowdhury is a data expert and founder of Data Crafters, helping businesses, especially in finance, build clear data strategies in the age of AI. With a background in FP&A, Khaled’s unique journey spans from finance director to certified data professional, with expertise in tools like Power BI and Fabric. He’s been recognized globally for his contributions to the data world, empowering organizations to make data-driven decisions. Khaled’s experience bridges finance, technology, and business leadership.

In this episode, you will discover:

Khaled’s journey from finance to data analytics and AI
The importance of data clarity and the common mistakes companies make
Why AI and data-driven decisions require a strong foundation
How AI can both enhance and challenge business decision-making
Practical advice on how companies should prioritize AI investments and data management

Khaled Chowdhury highlights the importance of building a solid data foundation before diving into AI and advanced tools like Power BI and Fabric. His journey from finance to data leadership demonstrates how clarity, smart data strategies, and a focus on outcomes can transform decision-making.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Khaled:

LinkedIn:https://www.linkedin.com/in/khaledchowdhury/

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[02:12] – Khaled’s Journey: From Finance to Data

[06:10] – Defining Data Clarity

[10:15] – The AI Paradox

[14:42] – The Power of Power BI and Fabric

[18:30] – The Data Maturity Curve

[22:05] – How Companies Should Invest in AI

[25:03] – The Future of Data and AI

[29:12] – The AI Chatbot Question

[34:25] – Wrapping Up: Final Thoughts from Khaled

How Excel AI Agents Like Rosie Work for FP&A Tasks but Fail at Building Models with Giles and Ian

Tue, 21 Oct 2025 05:00:00 -0600

Note: This episode was recorded and scheduled for release before the recent announcement that Rosie AI is shutting down.

In this episode of the ModSquad series on Financial Modeler’s Corner, host Paul Barnhurst is joined by modeling experts Ian Schnoor and Giles Male to evaluate Rosie AI, a new tool that integrates with both Excel and Google Sheets. Together, they test its capabilities in building financial models, solving complex FP&A tasks, and performing real-world use cases. They push Rosie through a series of tests, from basic formula creation to building full three-statement models, and discuss where it excels, where it needs improvement, and its potential future in the world of financial modeling.

Expect to Learn

How Rosie AI performs in real-world financial modeling tasks
The strengths and weaknesses of Rosie in building models and formulas
Key insights into how AI tools are evolving in financial modeling
The importance of knowing how to validate AI-generated models
How Rosie compares with other AI tools and traditional financial modeling techniques

Here are a few quotes from the episode:

“AI can’t replace the need for modelers to understand the logic, but it can help speed up certain tasks.” - Giles Male
“If you know what you’re doing, these tools can save you time. If you don’t, you need to double-check everything.” - Ian Schnoor

Follow Ian Schnoor:

Follow Giles Male:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

Rosie AI: https://www.askrosie.ai/

In today’s episode:

[02:23] - Excel Turns 40

[07:29] - Microsoft’s AI Agent vs. Modeling Tools

[16:18] - Exploring Rosie’s Website and Features

[25:35] - Real-World FP&A Test: Trial Balance Summary

[35:53] - Deferred Revenue Schedule Test

[50:54] - Detecting Inconsistent Formulas in Financial Models

[01:00:53] - Testing Rosie AI on a Five-Year Forecast Model Build

[01:08:31] - Final Thoughts: Where AI Helps and Where It Doesn’t

How FP&A Pros Can Use Automation & Python to Save Time & Become Better Business Partners with Willian Gomes.

Thu, 16 Oct 2025 05:00:00 -0600

In this episode of FP&A Unlocked, host Paul Barnhurst (The FP&A Guy) welcomes Willian Gomes, a finance and analytics professional with over 15 years of experience spanning telecommunications, aerospace, investment markets, and consumer goods. Willian shares how combining technical expertise with empathy and communication skills has enabled him to thrive as a financial partner across 60 countries in EMEA.

Willian Gomes is a seasoned FP&A and data analytics professional currently supporting EMEA supply chain operations at a global consumer goods company. Based in Brazil, he holds an MBA in Project Management and advanced certifications in machine learning from Stanford. Willian brings deep expertise in automation, process improvement, and financial storytelling, having saved tens of thousands of work hours through custom-built tools and insights-driven analysis.

Expect to Learn:

How to evaluate whether an automation project is worth pursuing
The challenges of implementing machine learning in corporate environments
How Python enables scalable automation over Excel
How cultural awareness enhances business partnering across global teams

Here are a few quotes from the episode:

"Finance isn’t just about numbers, it’s about helping people make better decisions." – Willian Gomes
"Empathy is a skill that’s not often associated with finance, but it’s essential for business partnering." – Willian Gomes

Willian Gomes shows how true FP&A impact comes from blending technical expertise with empathy, communication, and continuous learning. His journey across industries and continents highlights the value of automation, cultural awareness, and a people-first mindset. This episode is a testament to how finance leaders can drive change by being both data-driven and deeply human..

Campfire: AI-First ERP:

Campfire is the AI-first ERP that powers next-gen finance and accounting teams. With integrated solutions for general ledger, revenue automation, close management, and more, all in one unified platform.

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Willian:

LinkedIn - https://www.linkedin.com/in/wjgomesds/?originalSubdomain=br

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[02:48] - Willian’s Background and Global Role

[04:03] - What Great FP&A Looks Like

[11:46] - Moving Back to FP&A from Data Analytics

[19:52] - Where FP&A Struggles with Analytics

[27:16] - Saving 7,000 Hours with Automation

[38:55] - Must-Have Tech and Soft Skills

[44:36] - Travel and Fun Facts

[47:49] - Final Advice for FP&A Pros

AI in Finance for CFOs to Replace Failing Top-Down Projects with Bottom-Up Shadow AI Wins

Wed, 15 Oct 2025 06:00:00 -0600

In this special episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper explore how AI agents and productivity tools like Excel’s newest features are transforming the finance function. They contrast grassroots, employee-led innovation with large-scale, enterprise-driven AI projects, offering practical guidance and examples from their own experiments.

Expect to Learn:

The difference between top-down and bottom-up AI deployments in organizations
Why “shadow AI” and “secret cyborgs” are redefining workplace productivity
The crucial role of change management in enterprise AI adoption
What Excel’s new AI agent can (and can’t) do for financial modeling

Glenn Hopper and Paul Barnhurst deliver an insightful look into how AI is reshaping the finance profession, from enterprise-wide transformations to individual experimentation. Their discussion on agents, automation, and Excel’s evolving capabilities highlights how innovation and adaptability are redefining what it means to be a modern finance leader in a technology-driven world.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:22] - Top-Down vs Bottom-Up AI Adoption & Excel Agents

[01:26] - Building a Personal AI Agent

[04:01] - Top-Down vs Bottom-Up AI Strategy Explained

[06:41] - Change Management in AI Projects

[08:42] - Bottom-Up AI: Enable Use, Ensure Safety

[11:10] - Excel’s 40th Anniversary

[17:13] - Evaluating Excel's DCF Output

[18:23] - Final Thoughts and Takeaways

Testing Excel AI Software Tracelight on Excel Esports, Financial Modeling and FP&A with Ian And Giles

Wed, 15 Oct 2025 05:00:00 -0600

Disclaimer: This episode is best experienced in video format. Since we’re testing new tools like Tracelight, the visuals add valuable context and make everything much clearer. We highly recommend watching the video for the full experience.

In this episode of the ModSquad series on Financial Modelers’ Corner, host Paul Barnhurst is joined by modeling experts Ian Schnoor and Giles Male to evaluate Tracelight, a new Excel-based modeling tool. Together, they explore how well it performs across real-world use cases in FP&A, Excel eSports, and corporate finance. From auditing balance sheets to solving Excel battle cases and building five-year forecast models, the ModSquad puts Tracelight through a comprehensive test to assess what it gets right, what it gets wrong, and where it still needs improvement.

Expect to Learn

How Tracelight performs across different financial modeling scenarios
The impact of LLM selection and prompt design on tool output
Where Tracelight excels, and where it falls short, in building models and running checks
How Excel eSports challenges expose strengths and weaknesses in formula logic
When these tools can save time, and when they create more work

Here are a few quotes from the episode:

"If you don't know your stuff, you're going to learn the wrong things; or worse, think it's right when it’s not." - Giles Male
"The best Excel modellers aren’t the fastest, they’re the most thoughtful."- Ian Schnoor

Follow Ian Schnoor:

Follow Giles Male:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

Tracelight: https://tracelight.ai/

In today’s episode:

[02:22] - Tracelight Overview & Positioning

[09:46] - Giles vs. Excel eSports Battle Case

[18:00] - Reviewing Tracelight’s Logic and Output

[28:04] - Advanced Test: Championship-Level Modeling

[33:59] - AI Tools and the Learning Curve

[41:49] - Deferred Revenue Schedule Test

[56:26] - Why Doesn’t the Balance Sheet Balance?

[1:02:21] - Fixing Balance Sheet Errors Using Cloud Opus

[1:316:00] - Episode Wrap-Up and Final Thoughts

FP&A at Early-Stage Companies and the Benefits of Using Python to Automate Data and Enhance Analysis with Todd Niemann

Thu, 09 Oct 2025 05:00:00 -0600

Note: Please note that all opinions and thoughts shared during this episode represent those of our guest, who joined in his own personal capacity and he is not representing any of the companies he works for.

In this episode of FP&A Unlocked, host Paul Barnhurst welcomes Todd Niemann, Treasurer at Varo Bank, who shares his unique path through finance, treasury, and FP&A across multiple startup banks. Todd discusses how he helped launch and scale three new banking institutions, how FP&A supports better decision-making in banking, and why he believes Python is transforming financial analysis.

Todd Niemann is the Treasurer at Varo Bank, where he oversees treasury and FP&A functions. A CFA charterholder with an MBA from Brigham Young University and a BA from Utah State University, Todd has helped build treasury and FP&A teams for three startup banks. His background spans banking, investing, and corporate finance, making him an authority on financial analytics and modeling in regulated industries.

Expect to Learn:

How to build and scale FP&A and treasury functions at startup banks
Why speed and accuracy are essential hallmarks of effective FP&A
How to forecast effectively when historical data doesn’t exist
The benefits of learning Python for finance automation and analytics

Here are a few quotes from the episode:

“The best FP&A teams don’t wait for perfect data; they create frameworks that help the business move forward anyway.” - Todd Niemann
“In finance, speed matters. The faster you can analyze accurately, the more valuable you are.” - Todd Niemann

Todd Niemann brings clarity to how FP&A drives smarter banking decisions through data, speed, and precision. His journey shows the power of combining technical skill with curiosity and innovation. This episode proves that the future of finance belongs to those who build, automate, and never stop learning.

Campfire: AI-First ERP:

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Todd:

LinkedIn - https://www.linkedin.com/in/toddniemann/

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[02:58] - What Makes Great FP&A?

[05:27] - Building FP&A at New Banks

[10:37] - Banking and Regulation

[15:08] - Challenges of FP&A in Early-Stage Banks

[23:08] - Learning and Applying Python in Finance

[31:51] - Predicting Deposits with Big Data

[38:21] - Recommended Reading for Finance Pros

[40:19] - Top Technical and Soft Skills for FP&A

[42:48] - What Todd Would Change About FP&A

[47:00] - Wrapping Up the Conversation

AI in the Finance Team for CFOs to Lead Bottom-Up Adoption with Excel Agents and Shadow Tools

Wed, 08 Oct 2025 05:00:00 -0600

In this special episode of Future Finance, your hosts, Glenn Hopper and Paul Barnhurst, explore how artificial intelligence is making waves in the finance world. They explore two distinct approaches to AI adoption: top-down initiatives, driven by company leadership, and bottom-up strategies, where employees are introducing AI tools on their own. Glenn and Paul also discuss the latest AI tools in Microsoft Excel, including AI agents, and how they’re transforming financial modeling and decision-making. Tune in for a mix of practical advice, real-world experiences, and a bit of humor along the way.

In this episode, you will discover:

How top-down and bottom-up AI adoption strategies differ in business.
Why employee-driven AI innovation is on the rise and how to manage it.
The role of AI-powered tools like Excel Labs in transforming financial work.
How AI agents can help upskill finance professionals and streamline tasks.

Glenn and Paul explore the evolving role of AI in finance, from top-down strategies to employee-driven innovation. They highlight the potential of AI tools like Excel Labs and AI agents to transform financial processes. Tune in for insights on how embracing AI can help professionals stay ahead in a rapidly changing field.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[05:17] - Glenn’s New Book for Wiley

[08:21] - The AI Budget Mandate

[12:11] - Managing Bottom-Up AI Adoption

[15:39] - The Carol Office Question

[26:00] - Why Use Hard-Coded XLOOKUP?

[29:56] - Building and Customizing an AI Agent

[36:36] - Career Transitions and AI in FP&A

[39:50] - Final Thoughts and Wrapping Up

Introducing the ModSquad: Testing AI Financial Modeling Tools, So you Don't Have To... with Ian and Giles.

Tue, 07 Oct 2025 05:30:00 -0600

In this special launch episode of The Mod Squad, host Paul Barnhurst is joined by co-hosts Giles Male and Ian Schnoor to explore the evolving intersection of artificial intelligence and financial modeling. Together, they introduce a new podcast series, The ModSquad, designed to test AI tools built for financial modelers, FP&A professionals, and analysts. The trio shares their excitement, cautious optimism, and the pressing questions they hope to answer through hands-on experimentation with cutting-edge tools that promise to transform the modeling landscape.

Paul, Giles, and Ian bring decades of combined experience across FP&A, corporate finance, Excel training, and financial modeling accreditation. This introductory episode sets the tone for a candid, unscripted, and deeply analytical journey into the practical realities of AI in finance.

Expect to Learn

Why AI won't replace financial modelers, but will transform the way they work
How AI tools are being developed to serve finance professionals specifically
The importance of judgment, communication, and scoping in effective modeling
What The Mod Squad plans to test: from three-statement models to Excel esports
How to prepare your career for the AI revolution in modeling

Here are a few quotes from the episode:

“Just because it looks cool doesn’t mean it gives you a finished product.” - Giles Male
“Modeling is just as much the journey as it is the destination.” - Ian Schnoor

Follow Ian Schnoor:

Follow Giles Male:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

In today’s episode:

[01:21] - Introduction of the Episode

[04:57] - Why This Series? Helping Modelers Cut Through the AI Noise

[09:14] - Fear & Job Security: Will AI Replace Financial Modelers?

[14:14]- The Human Element in Modeling: Judgment, Communication, Scoping

[21:03] - Series Format: Tools We’ll Test & Why

[26:03] - Testing Assignments: Who’s Doing What?

[29:03] - FP&A Use Cases Paul Will Explore

[35:21] - What to Expect: Raw Prompts, Real Results

[36:52] - Closing: Why This Series Matters & How You Can Engage

From FP&A Analyst to Private Equity Operator with Alex Fabry: The Day-2 Lunch That Changed Everything

Fri, 03 Oct 2025 05:00:00 -0600

In this episode of FP&A Unlocked, host Paul Barnhurst is joined by Alex Fabry, the founder of KFA, an advisory firm focused on scaling businesses.. Alex takes us through his journey from FP&A to private equity, sharing his valuable experiences working at firms like Saber, BCG, and Charles Bank Capital Partners. Their conversation explores how FP&A can serve as a stepping stone to leadership and investment roles, and the key skills that helped Alex succeed in both corporate finance and private equity.

Alex Fabry is the founder and managing partner of KFA, a private investment and advisory firm focused on growing and scaling businesses in Saint Louis. Before founding KFA, Alex started his career in FP&A roles at Saber, where he supported multi-billion dollar business units, managed complex budgets, and played a pivotal role in the $1.2 billion sale of Active Network to Global Payments. Alex also has experience as a Vice President at Charles Bank Capital Partners. He holds an MBA from the Kellogg School of Management at Northwestern University.

Expect to Learn:

How FP&A provides a solid foundation for leadership and private equity operator roles.
The significance of automation in improving FP&A efficiency and enabling more strategic analysis.
Why private equity and FP&A require different skill sets but can work in tandem to drive business growth.
Key skills FP&A professionals need to transition into private equity.
The value of relationships and trust in both FP&A and private equity environments.

Here are a few quotes from the episode:

“The real value of FP&A is in helping businesses make decisions, not just report numbers.” - Alex Fabry
“Being a business partner looks different depending on the business—it's about them, not you." - Alex Fabry

Alex shared thoughtful and practical insights into the evolving role of FP&A in driving business success and the transition to private equity. He highlighted the importance of automation and strategic analysis in improving financial operations, the value of building strong business relationships, and how FP&A professionals can leverage their skills to thrive in the private equity space. Alex’s journey serves as a valuable playbook for those looking to navigate the complexities of both FP&A and private equity, emphasizing the need for adaptability, operational efficiency, and a keen understanding of the bigger business picture.

Campfire: AI-First ERP:

Explore Campfire today: https://campfire.ai/?utm_source=fpaguy_podcast&utm_medium=podcast&utm_campaign=100225_fpaguy

Follow Alex:

LinkedIn - https://www.linkedin.com/in/alex-fabry/

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[02:27] - Alex’s Background

[03:50] - What Makes Great FP&A?

[14:03] - The Three Key Questions in Finance

[18:38] - Private Equity Operations and FP&A

[27:14] - Early FP&A Experience at Saber

[36:36] - The Reality of Private Equity

[43:16] - Lessons from 100 LinkedIn Posts

[53:47] - The Biggest Excel Lesson

[54:32] - Wrapping Up the Conversation

AI Hype in Finance for Executives to Avoid Failure from Poor Data, Hype and Top-Down Rollouts

Wed, 01 Oct 2025 05:00:00 -0600

In this episode, hosts Paul Barnhurst and Glenn Hopper discuss the realities behind the AI hype cycle and how it's playing out in finance, from inflated ROI expectations to unscalable AI tools and organizational chaos, Paul and Glenn unpack what’s working, what’s failing, and why so many companies are stuck. With no guest this week, the duo shares their honest takes on the state of AI, its practical limits in financial workflows, and how companies are fumbling both bottom-up adoption and top-down implementation. This one’s a mix of hot takes, technical insight, and just enough despair to keep things real.

In this episode, you will discover:

How bottom-up AI adoption is outpacing executive-led rollouts in finance.
The problem with inflated expectations and what’s really causing AI project failures.
Why Excel tools powered by AI are promising, but limited by context windows.
How governance and data issues are crippling enterprise AI strategies.
What OpenAI, Oracle, Nvidia, and Microsoft’s latest moves mean for the AI landscape.

AI isn’t a magic solution; it’s a powerful tool that still depends on good data, realistic goals, and a bit of patience. Paul and Glenn make it clear that while the hype is loud, real progress takes thoughtful implementation and education. The future of AI in finance looks promising, but only for teams willing to do the work.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/scott-strachan-ca-a795851a4/?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:56] - AI Hype Cycle Meltdown

[04:50] - AI Tools in Excel

[07:33] - Bottom-Up vs Top-Down Adoption

[11:33] - Why AI Projects Fail

[14:38] - Change Management Gaps

[17:23] - Context Window Limitations

[20:30] - Learn the Basics of AI

[23:11] - Oracle, Nvidia & OpenAI Deals

[30:07] - Microsoft Adds Anthropic to Copilot

[34:24] - Copilot Improvement & Wrap-Up

Financial Modeling for Finance Pros to Fix Real-World Mistakes Using Balance Sheets - Scott Strachan

Tue, 30 Sep 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst speaks with financial modeling expert Scott Strachan about the role of financial models in business planning and decision-making. Scott shares lessons from over 30 years of experience in accounting, consulting, private equity, and corporate finance. The discussion covers the importance of modeling for startups, the problems with annual models, the risks of overrelying on EBITDA, and how the FMI certification has helped him stay sharp in a changing industry.

Scott Strachan is a Chartered Accountant and Chartered Financial Modeler who has worked across the UK, the Arabian Gulf, and now serves clients in Qatar and London. He has built and reviewed complex financial models for deals worth hundreds of millions of dollars, and now contributes to the Financial Modeling Institute as a content developer and exam writer. Scott is known for applying practical thinking to modeling and helping bridge the gap between theory and real-world execution.

Expect to Learn

Why annual models are often inappropriate for startups and small businesses
The difference between one-time-use models and those built for regular updates
How poor modeling leads to funding gaps and business failure
Why EBITDA can be misleading in deal evaluation
How preparing for the CFM exam can improve your modeling skills

Here are a few quotes from the episode:

“A model is just an appendix to a business plan. If you don’t understand your market or product, no model will save you.” - Scott Strachan
“EBITDA is a fantasy land metric. It ignores reality and tells you what you want to hear, not what you need to know.” - Scott Strachan
“Every business fails because of bad management, and that often starts with not modeling your cash needs properly.” - Scott Strachan

Follow Scott:

Follow Paul:

Website - https://www.thefpandaguy.com  

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow Financial Modeler's Corner: 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 

Newsletter - Subscribe on LinkedIn -https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:20] - Scott’s Background & Career in Modeling

[06:26] - Why Annual Models Often Fall Short

[09:11] - Why Startups Need Monthly Models

[13:54] - Working Capital Mistakes in Startups

[17:59] - Disposable vs. Ongoing Models

[26:37] - Thoughts on EBITDA and Adjusted EBITDA

[33:31] - Why Models Don’t Replace Business Fundamentals

[40:25] - Excel Shortcuts and Modeling Habits

[42:43] - Rapid Fire: Modeling Preferences

[45:58] - Final Advice & How to Reach Scott

What FP&A Pros need to know to be successful working in Private Equity with Jamie and Nate

Thu, 25 Sep 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst and co-host Glenn Snyder discuss the dynamic intersection of private equity and financial planning & analysis (FP&A). With private equity firms increasingly focused on operational value creation over financial engineering, this discussion offers valuable insights into the evolving expectations for FP&A teams within PE-backed companies. The conversation covers everything from deal flow trends and building high-performing FP&A functions to the nuances of trust, alignment, and data in the PE environment.

Nate is a Senior Managing Director at Riveron Consulting, where he leads the private equity practice. With extensive experience supporting portfolio companies, Nate brings a sharp understanding of how to structure FP&A functions that drive value from early investment to exit. Jamie is Director of Financial Operations at Trivest Partners, a middle-market private equity fund. Jamie works closely with FP&A teams across Trivest’s portfolio, guiding companies through growth, transformation, and exit, with a clear focus on data-driven decision-making and operational excellence.

Expect to Learn:

How private equity firms are shifting from financial engineering to operational value creation.
Why FP&A is becoming a core strategic partner in PE-backed companies.
The importance of early investment in data, tech stacks, and FP&A infrastructure.
The difference between corporate FP&A and PE-backed FP&A environments.
What skills and traits do PE firms value most when hiring FP&A professionals?

Here are a few quotes from the episode:

“Private equity used to be all about financial engineering; now it’s about operational value creation.” - Jamie Lukaszewski
“The most successful FP&A teams are the ones that align financial and operational KPIs to tell a complete story.” - Nate Heeren
"You're not going to win many races with your legs tied together; you've got to be set up for success." - Nate Heeren

Nate and Jamie shared thoughtful and practical insights into the evolving relationship between private equity and FP&A. They emphasized the growing importance of operational value creation, the foundational role of trust and alignment, and the need for robust data infrastructure to support strategic decision-making.

Get Certified with the FPAC Credential

Earn the only FP&A credential that proves your expertise and commitment to the profession.

Use TheFPAGuy-FPAC for $150 off the Exam

Use TheFPAGuy-FPACEPP for $100 off the Exam Prep Platform

Learn more: https://www.thefpandaguy.com/fpa-certifications

AFP FP&A Forum: All insights. Zero spin.

March 23 – 25 in Indianapolis

This immersive, three-day event is built for financial professionals, by financial professionals, and it’s designed to help you sharpen your skills, stay on top of trends, and connect with peers who understand your challenges.

Learn more: https://www.financialprofessionals.org/events/meetings/afp-fp-a-forum

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Nate:

LinkedIn - https://www.linkedin.com/in/nate-heeren-91a1644/

Website - https://riveron.com/

Follow Jamie:

LinkedIn - https://www.linkedin.com/in/jamie-lukaszewski-b1766119/

Website - https://www.trivest.com/team/

Follow Glenn:

LinkedIn - https://www.linkedin.com/in/glenntsnyder/

Website - https://onemomentintimenovel.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[02:11] - Guest Introduction

[02:58] - What Great FP&A Looks Like

[04:42] - PE Trends & Market Shifts

[07:31] - Early vs. Late Stage Projects

[12:02] - PE & FP&A: Building Trust

[17:32] - Corporate vs. PE FP&A

[22:24] - Hiring: What PE Firms Look For

[32:49] - Successful FP&A-PE Relationship

[41:57] - Final Advice & Wrap-Up

AI ERP Innovation for Financial Executives to Disrupt Legacy Software with Franz Faerber

Wed, 24 Sep 2025 05:00:00 -0600

In this episode of Future Finance, Hosts Glenn Hopper and Paul Barnhurst sit down with Franz Faerber, Co-founder and CTO of Everest Systems, and one of the key minds behind SAP HANA. Franz shares his remarkable journey from leading SAP’s real-time database revolution to building Everest, a next-generation ERP platform designed from the ground up to embrace AI and modern business needs.

Franz Faerber is the Co-founder and CTO of Everest Systems, a next-gen AI-native ERP company. Before Everest, Franz spent over 26 years at SAP, where he served as Executive VP of Technology and was the original architect behind SAP HANA, one of the most advanced in-memory databases in the world. His work helped transform data processing and analytics for thousands of global enterprises. Now, at Everest, he is on a mission to revolutionize ERP from the ground up, embracing AI and agile development to tackle the inefficiencies of traditional systems.

In this episode, you will discover:

Why the ERP space is finally ready for disruption, and how Everest is leading that charge.
How Everest built a fully functional inventory management system in just four months without writing a single line of code.
The role of AI in accelerating ERP development, reducing costs, and enabling mass personalization.
Why Franz believes the future of ERP lies in integration, automation, and adaptability.

Franz Faerber’s insights offer a compelling vision for the future of ERP, one where AI, speed, and simplicity are no longer optional but essential. His journey from SAP HANA to Everest showcases what’s possible when innovation meets experience.

Follow Franz:

LinkedIn - https://www.linkedin.com/in/franz-faerber/

Company - https://everest-systems.com

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[02:18] - Meet Franz Faerber

[03:53] - The SAP HANA Revolution

[09:00] - Leaving SAP for Everest

[10:39] - Why Build a New ERP?

[18:36] - Dev & Release Cycles at Everest

[21:20] - What Sets Everest Apart

[25:48] - Leadership & Vision

[29:32] - Chess, Books & Strategy

[33:20] - Final Thoughts

Why Finance Students Must Learn Discipline Before AI Replaces Their Jobs with David Stangeland

Tue, 23 Sep 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, Host Paul Barnhurst sits down with David Stangeland, a finance professor at the University of Manitoba, to talk about teaching financial modeling, how students learn best, and the tools that have changed over the years, from PV tables to Excel. David shares what he's learned from more than 30 years in the classroom, why planning is so important in modeling, and how he uses real money investing through a student-managed fund to teach hands-on skills. He also talks about the value of the FMI curriculum, the role of judgment in modeling, and why he still learns something new every time he teaches.

David has been teaching at the University of Manitoba’s Asper School of Business since 1991. He has a PhD from the University of Alberta and is both a CPA and a CMA. His research focuses on corporate governance and performance and has been published in top finance journals. He’s co-authored two corporate finance textbooks and currently advises the school’s $2.8 million student-managed investment fund.

Expect to Learn

The most common mistakes students make when building models
How Excel helps students better understand what they're doing
Why structure and layout matter in a financial model
The importance of combining modeling with real-world context
How the FMI curriculum is used in teaching valuation and asset management

Here are a few quotes from the episode:

“There’s no one right answer in valuation. It’s about making good assumptions and thinking through your logic to build a credible story.” - David Stangeland
“Don’t think you know it all. Always be open to learning and improving. That mindset will take you further than any formula.” - David Stangeland
“Spreadsheets aren’t going anywhere. Whether it’s Excel or something else, that flexible grid is still the best way to work with data.” - David Stangeland

Follow David:

LinkedIn - https://www.linkedin.com/in/david-stangeland-phd-cpa-cma-b-comm-29773946/?originalSubdomain=ca

Follow Paul:

Website - https://www.thefpandaguy.com  

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow Financial Modeler's Corner: 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 

Newsletter - Subscribe on LinkedIn -https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:03] - David’s Background

[06:36] - Love for Teaching

[10:05] - Starting with NPV Tables

[13:54] - From Calculators to Excel

[22:20] - Teaching with Three-Model Framework

[27:54] - Current Projects Outside Teaching

[33:19] - Modeling Standards Followed

[35:20] - Favorite Lookup Function

[37:18] - Advice for Aspiring Modelers

How FP&A Teams Can Enhance Visuals and Improve Dashboards: Practical Tips from Zebra BI CEO Andrej Lapajne

Thu, 18 Sep 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst welcomes Andrej Lapajne, the CEO and founder of Zebra BI. Andrej shares his thoughts on the evolving role of data visualization in financial planning and analysis, the importance of clear communication through standardized visuals, and how automation is transforming the way we analyze and present financial data. Later in the episode, Paul and Andrej discuss the challenges of data modeling, how AI is shaping business intelligence, and why effective data storytelling is crucial for making impactful business decisions.

Andrej Lapajne is the CEO and founder of Zebra BI, a company dedicated to revolutionizing the way businesses communicate financial insights. With over 20 years of experience in business intelligence and data visualization, Andrej has helped organizations across industries implement better reporting systems. He is a passionate advocate for the International Business Communication Standards (IBCS), a methodology he helped popularize to improve data reporting and visualization.

Expect to Learn:

Why is consistent, clear communication in data visualization vital for FP&A professionals?
The key skills FP&A professionals need to master such as data modeling and communication.
How Zebra BI helps businesses generate actionable insights with ease.
Andrej's methodology for data visualization and the importance of standardized charting in business reporting.
Key advice on mastering data modeling and communication skills for finance professionals

Here are a few quotes from the episode:

“Effective communication is the key to FP&A. You can have all the data, but if you can’t communicate the insights, it’s wasted.” - Andrej Lapajne
“AI is transforming the way we consume analytics and freeing up time for more strategic decision-making.” - Andrej Lapajne
"If your dashboard doesn’t show variances, it’s not actionable. You’re just looking at pretty colors." - Andrej Lapajne

Andrej Lapajne shared a clear and insightful perspective on the future of data visualization in financial planning and analysis. He emphasized the need for standardized communication, the importance of clean data, and the power of automation in transforming analytics. Together with Paul Barnhurst, this episode highlights the critical role of FP&A professionals in driving business decisions and how the integration of effective data visualization and modern technology will shape the future of the profession.

Get Certified with the FPAC Credential

Earn the only FP&A credential that proves your expertise and commitment to the profession.

Use TheFPAGuy-FPAC for $150 off the Exam

Use TheFPAGuy-FPACEPP for $100 off the Exam Prep Platform

Learn more: https://www.thefpandaguy.com/fpa-certifications

AFP FP&A Forum: All insights. Zero spin.

March 23 – 25 in Indianapolis

Learn more: https://www.financialprofessionals.org/events/meetings/afp-fp-a-forum

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Andrej Lapajne:

LinkedIn - https://www.linkedin.com/in/lapajne/

Website - https://zebrabi.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[01:51] - Andrej’s Background

[02:38] - What Great Data Visualization Looks Like

[08:34] - Getting Into Data Visualization

[13:15] - Founding Zebra BI

[17:50] - IBCS: The Method Behind the Charts

[26:14] - Key Elements of a Compelling Visual

[34:54] - The Impact of AI on Analytics

[40:18] - AI Needs Clean Data

[45:27] - Essential FP&A Skills for Success

[52:29] - Last Question & Episode wrap-up

AI Accounting for FP&A Professionals to Deliver Real-Time Finance Insights with Jeff Seibert

Wed, 17 Sep 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper welcome Jeff Seibert, CEO and founder of Digits, a cutting-edge accounting platform. Jeff shares how Digits is transforming the finance world by automating accounting workflows and providing real-time visibility into financial data. He explains how integrating modern technology into the general ledger (GL) and other accounting processes is streamlining the financial close and eliminating inefficiencies that have long been part of traditional systems.

Jeff Seibert is the founder and CEO of Digits, a groundbreaking accounting platform. Previously, he was Twitter's Head of Consumer Product and appeared in the Emmy-winning Netflix documentary The Social Dilemma. Jeff co-founded Crashlytics, acquired by Twitter in 2013 and now owned by Google. A self-taught programmer, he started coding at 13 and graduated from Stanford with a B.S. in Computer Science. Jeff is also an angel investor in over 100 startups and was named one of Insider’s Top 100 Seed VCs.

Expect to Learn:

The difference between traditional and AI-native accounting systems
How Digits uses machine learning for near-perfect transaction classification
Why legacy systems struggle with AI and how Digits solves it
How predictive models enable real-time financial insights
Jeff’s predictions on AI’s future in finance, automation, and reconciliation

Jeff Seibert provides a fascinating insight into the future of finance, showcasing how AI can transform the accounting space from a slow and manual process to one that’s fast, predictive, and automated. His journey from self-taught programmer to CEO of a company revolutionizing accounting highlights the power of innovation in today’s tech-driven world.

Follow Jeff:

LinkedIn - https://www.linkedin.com/in/jseibert/

Website - https://jeffseibert.com/

Company - https://digits.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:00] - Introduction to Jeff Seibert

[02:25] - What Inspired Jeff to Start Digits

[05:24] - How Did Jeff Overcome the Data Gap

[08:11] - Did You Expect the Digits Timeline

[12:38] - AI Agents in Classification

[16:50] - The Future of Real-Time Accounting

[18:43] - Wrapping Up with Jeff Seibert

From Classic Cars to Aircraft: The Art of Modeling Distressed Companies with Vaughan Grandin

Tue, 16 Sep 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst welcomes Vaughan Grandin, Managing Director and Head of Financial Modeling at Teneo. They discuss his experiences building financial models in distressed situations, the importance of empathy in working with clients, and provide examples of complex models, including those from the airline, aircraft leasing, and classic car dealership industries.

Vaughan Grandin is the Managing Director and Head of Financial Modeling at Teneo in London. He is a Chartered Accountant with the South African Institute of Chartered Accountants and has more than 20 years of experience in corporate advisory, finance, and restructuring. He leads Teneo’s financial modelling team, which supports clients and other advisory teams by creating reliable models for distressed companies, transactions, and stakeholder analysis.

Disclaimer: All examples and stories shared in this video are from Vaughan Grandin’s previous roles and do not reflect his current employer.

Expect to Learn

Why empathy matters in financial modeling
How to approach modeling in distressed situations
The role of entity priority models and circular references
Key principles for building robust financial models
Lessons from real-world modeling cases across industries

Here are a few quotes from the episode:

“Empathy is a word I think about a lot in modeling, especially in distressed situations.” - Vaughan Grandin
“A good model should be able to take whatever inputs you give it and actually use them to solve a problem.” - Vaughan Grandin
“In distressed situations, time pressure is real; sometimes, a company only has weeks of cash left.” - Vaughan Grandin

Follow Vaughan:

LinkedIn - https://www.linkedin.com/in/vgrandin/?originalSubdomain=uk

Company - https://www.teneo.com/person/vaughan-grandin/

Follow Paul:

Website - https://www.thefpandaguy.com  

LinkedIn - https://www.linkedin.com/in/thefpandaguy

https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Follow Financial Modeler's Corner: 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 

Newsletter - Subscribe on LinkedIn-

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[03:22] - Model Horror Stories

[06:52] - Empathy in Modeling

[07:55] - Inside Teneo’s Team

[12:50] - Classic Car Dealership Model

[21:16] - Modeling in Distressed Situations

[27:56] - Managing Complexity

[32:07] - Aircraft Leasing During COVID

[40:31] - Six Elements of Robust Modeling

[46:51] - Rapid-Fire Excel Q&A

[53:45] - Closing Reflections

The Future of FP&A and How the Association For Finance Professionals (AFP) is Leading the Way with Pat and Bryan

Thu, 11 Sep 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst welcomes Patrick Culkin, the new President and CEO of AFP. Pat shares his thoughts on leadership, professional development, and the evolving role of finance as AFP looks to expand its global reach and support a changing profession. Later in the episode, Paul gives a walk-through of his scenario planning framework using Gen AI, followed by a conversation with Bryan Lapidus about the return of the FP&A Forum, the state of the profession, and what financial professionals need most right now.

Patrick Culkin is the President & CEO of the Association for Financial Professionals (AFP), stepping into the role in July 2025 after more than two decades with the organization. He previously served as Executive Vice President and began his AFP journey in Human Resources. Bryan Lapidus, FPAC, is Director of the FP&A Practice at AFP, where he leads thought leadership, education, and community-building for financial planning professionals. With a background in corporate finance and consulting, Bryan is also a certified FPAC holder.

Expect to Learn:

What drives AFP’s mission and how its leadership is preparing for the future of finance.
How finance professionals can navigate uncertainty, AI adoption, and rapid change.
Why growing a strong professional network is key to career and organizational success.
A practical framework for scenario planning and how Gen AI can support it.
What to expect from the FP&A Forum and why it’s become a must-attend event for finance professionals.

Here are a few quotes from the episode:

“Everything we do at AFP has to drive the success of the corporate finance professional. That’s our North Star.” - Patrick Culkin
“Technology is a tool; what really matters is how you use it to drive better business outcomes.” - Bryan Lapidus
“Everyone in the company plans, but FP&A is about return on capital; that’s what sets us apart.” - Bryan Lapidus

Patrick Culkin shared a clear and practical outlook on the future of corporate finance. He highlighted the importance of staying connected, continuing to learn, and being ready to adapt as the profession evolves. Together with insights from Bryan Lapidus and Paul Barnhurst, this episode underscores the growing role of finance as a strategic partner in business.

Get Certified with the FPAC Credential

Earn the only FP&A credential that proves your expertise and commitment to the profession.

Use TheFPAGuy-FPAC for $150 off the Exam

Use TheFPAGuy-FPACEPP for $100 off the Exam Prep Platform

Learn more: https://www.thefpandaguy.com/fpa-certifications

AFP FP&A Forum: All insights. Zero spin.

March 23 – 25 in Indianapolis

Learn more: https://www.financialprofessionals.org/events/meetings/afp-fp-a-forum

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Patrick:

LinkedIn - https://www.linkedin.com/in/patrick-culkin-5981032/

Website - https://www.financialprofessionals.org/

Follow Bryan:

LinkedIn - https://www.linkedin.com/in/bryan-lapidus-fpac/

Website - https://www.financialprofessionals.org/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[01:33] - Pat Culkin Introduction

[06:30] - Global growth and networks

[11:09] - Changing role of finance

[13:07] - Challenge for Corporate Finance

[16:03] - Opportunities in uncertainty

[21:05] - Why Join AFP or Pursue the FPAC

[26:54] - Scenario planning framework

[41:03] - Bryan Lapidus on the Forum

[47:27] - FP&A Forum: What to Expect

[53:43] - Wrap-up and closing thoughts

Modern AI-ledgers for Accounting and Finance Teams to Replace QuickBooks and Automate the Books with Jeff Seibert

Wed, 10 Sep 2025 05:00:00 -0600

In this episode of Future Finance, hosts Glenn Hopper and Paul Barnhurst are joined by Jeff Seibert, founder and CEO of Digits. Jeff shares his journey from creating his first app at the age of 13 to building Digits, a platform that’s changing the way businesses approach accounting. With a background in tech and a passion for solving real-world problems, Jeff explains how his frustration with outdated financial systems led to the creation of Digits, which now provides real-time financial data to businesses.

Jeff Seibert is the founder and CEO of Digits, an innovative accounting platform that helps businesses manage their finances with real-time insights. Before starting Digits, Jeff co-founded Crashlytics, a mobile performance analytics company that was acquired by Twitter in 2013. He went on to lead Twitter's consumer product team and later appeared in the Emmy Award-winning Netflix documentary The Social Dilemma. A self-taught programmer, Jeff has been a part of the startup world for years and has invested in over 100 companies, earning recognition as one of Insider's Top 100 Seed VCs.

In this episode, you will discover:

How Jeff’s passion for coding started at age 13.
The story behind founding Digits and solving slow financial systems.
How Digits provides real-time financial data to businesses.
Why traditional accounting systems fail and how Digits overcomes it.
Jeff’s vision for AI and automation in the future of accounting.

Jeff shared his journey from building his first app at 13 to leading Digits, offering an insightful look at how modern accounting platforms are reshaping finance operations. His perspective on real-time financial data, overcoming the limitations of traditional systems, and the role of AI in automating workflows provides valuable guidance for finance leaders navigating the future of finance.

Follow Jeff:

LinkedIn - https://www.linkedin.com/in/jseibert/

Website - https://jeffseibert.com/

Company - https://digits.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[02:25] - Jeff’s Background

[07:11] - Why Traditional Accounting Fails

[10:24] - Overcoming Data Challenges

[13:17] - The Long Road to Market

[17:42] - AI Agents in Real-Time Accounting

[21:55] - Overcoming AI Adoption Resistance

[23:20] - What’s Next for AI in Five Years

[25:41] - The Future of Accounting

[30:44] - Transition from Startup to Big Company

[33:56] - Personalized and Fun Questions for Jeff

Why Spreadsheets Will Stay, but Financial Modeling Workflow and Version Control Must Be Rebuilt with Matt Lee

Tue, 09 Sep 2025 05:00:00 -0600

In this episode of Financial Modeler's Corner, host Paul Barnhurst is joined by Matthew Lee, Co-Founder and CEO of Nummo, a software tool built to help analysts and bankers build financial models more efficiently. Matt explains why he started the company after years in investment banking and as a CFO, and what he sees as the real opportunities and limits of automation in financial modeling. The conversation covers the pressure of dealing with work, common modeling mistakes, and where tools like Nummo can help speed things up without replacing analysts. Matt also shares thoughts on what makes a good model and why hands-on understanding still matters most.

Matt is the Co-Founder and CEO of Nummo, an AI co-pilot for financial modeling that he wished he had during his time in finance. Before Nummo, Matt worked as an investment banker at Lazard, helping to execute sell-side and buy-side M&A deals totaling around $6 billion in enterprise value. He also served as CFO at a digital product studio, overseeing financial planning for emerging tech products launched by Fortune 500 firms and early-stage ventures. With over 40,000 hours in Excel, Matt built Nummo to deliver a banker-grade modeling platform that runs fully on-device, maintains cell-level accuracy, and automates workflows like DCFs, LBOs, comps, and fairness opinions.

Expect to Learn

Why financial models still need human input
Where tools like Nummo can improve modeling workflows
Why version control and hidden hard codes cause major issues
How to balance automation with accuracy and narrative
Why it’s critical to never outsource your understanding of a model

Here are a few quotes from the episode:

We’re about 30% of the way there. AI can help, but it can’t yet build a fully detailed, nuanced model.” - Matthew Lee
“Even with automation, you still need to check for hidden hard codes and make sure your model tells the right narrative.” - Matthew Lee
“Formatting, standardization, and QA are where AI is already adding value today.”- Matthew Lee

Follow Matthew:

LinkedIn - https://www.linkedin.com/in/matthew-m-lee/

Company - https://www.nummo.xyz/

Follow Paul:

Website - https://www.thefpandaguy.com  

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow Financial Modeler's Corner: 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 

Newsletter - Subscribe on LinkedIn -https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:28] - Matt’s background

[03:54] - Worst modeling mistakes

[06:24] - What Nummo is and how it works

[11:10] - Biggest Challenge in M&A Transactions

[15:34] - Building models that tell a story

[28:23] - How workflows are changing

[31:53] - Favourite Excel Shortcut

[39:44] - Rapid fire: Excel habits and preferences

[45:35] - Final Question & Episode

People First Leadership Lessons for building High-Performing finance teams from one of the TOP 10 Most Admired CEOs in the world, Garry Ridge

Thu, 04 Sep 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst welcomes Garry Ridge, former CEO of WD-40 Company and a globally recognized leadership coach, to discuss how company culture and employee engagement can drive business success. With his extensive experience building a culture of trust, respect, and belonging, Garry shares how FP&A professionals can align financial strategy with a purpose-driven organizational culture. From leadership to mental health in the workplace, Garry’s insights provide valuable lessons for creating thriving teams and lasting business impact.

Garry Ridge is a purpose-driven leader, coach, and global keynote speaker. As the former Chairman and CEO of WD-40 Company, Garry led the brand to become one of the world’s most trusted names, achieving over 90% employee engagement and consistent shareholder growth. Known as The Culture Coach, Garry helps leaders create values-driven workplaces where learning, innovation, and connection fuel success. He is the author of Any Dumb-Ass Can Do It and co-author of Helping People Win at Work with Ken Blanchard.

Expect to Learn:

The connection between company culture and business success
How FP&A can guide strategy while fostering engagement
Why servant leadership is key to unlocking innovation
Practical advice on building a workplace of belonging
The importance of "learning moments" in continuous improvement

Here are a few quotes from the episode:

"Great FP&A looks like a road map to a destination that’s directionally very concise and understandable." - Garry Ridge
"If only a small percentage of your organization is passionately working on executing your strategy, you’ll get limited outcomes." - Garry Ridge
"If you want to create a high-performing culture, focus on building trust, respect, and belonging." - Garry Ridge

Garry Ridge offered a powerful vision for the future of leadership and organizational culture, one where trust, respect, and belonging are the foundations of success. He emphasized that great leaders are not just managers, but coaches who inspire their teams to thrive by focusing on values-driven cultures. From building employee engagement to navigating mental health challenges, Garry’s insights provide actionable guidance for leaders looking to create work environments where people feel valued, connected, and empowered to contribute to a greater purpose.

Get Certified with the FPAC Credential

Earn the only FP&A credential that proves your expertise and commitment to the profession.

Use TheFPAGuy-FPAC for $150 off the Exam

Use TheFPAGuy-FPACEPP for $100 off the Exam Prep Platform

Learn more: https://www.thefpandaguy.com/fpa-certifications

AFP FP&A Forum: All insights. Zero spin.

March 23 – 25 in Indianapolis

Learn more: https://www.financialprofessionals.org/events/meetings/afp-fp-a-forum

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Garry:

LinkedIn - https://www.linkedin.com/in/garryridge/

Website - https://thelearningmoment.net/any-dumb-ass-can-do-it/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[02:51] - Introduction of Garry Ridge

[05:35] - All Models Are Wrong, Some Are Useful

[07:18] - Creating Memories with WD-40

[12:48] - The Consequences of Ignoring Culture

[24:29] - Reactions to Going Back to School as CEO

[29:44] - Making "Are You Okay?" Meaningful

[32:27] - Embracing Vulnerability as a Superpower

[35:13] - Curiosity as a Business Partner

[42:29] - Parting Advice for Improvement

[59:47] - Final Thoughts and Wrap Up

How Finance Modelers and Professionals Align Stakeholders and Support M&A Success with Morten

Wed, 03 Sep 2025 05:00:00 -0600

In this episode of Financial Modeler's Corner, host Paul Barnhurst is joined by Morten Lykke Pedersen, a seasoned financial expert and Partner at Deloitte, where he leads the financial modeling division within the Strategy, Risk, and Transaction Advisory group. Morten discusses his extensive experience in mergers and acquisitions (M&A), strategic financial modeling, and how financial models can empower businesses to make informed, data-driven decisions. He also shares insights on the importance of collaboration during the modeling process, tips for ensuring client engagement, and the role of financial models in presenting a company’s equity story.

Morten Lykke Pedersen, CFA, CFM, is a financial expert with over a decade of experience. He specializes in mergers and acquisitions (M&A), providing strategic insights that empower businesses to optimize their strategies through forecasting and risk assessment. Morten's career spans notable roles, including his tenure at PwC, where he managed valuation and modeling services. At Deloitte, Morten is dedicated to guiding businesses through complex transactions and strategic initiatives, helping them navigate industry dynamics and execute transformative transactions successfully. He holds a CFA charter and certifications in financial modeling, and his educational journey includes advanced degrees from Aarhus University, Saint Mary’s University, and the CFA Institute.

Expect to Learn

The critical role of collaboration in transaction modeling
How to build financial models that communicate a company’s story and manage risk
The importance of scenario analysis in M&A transactions
Why financial models should reflect business realities, not just numbers
How formal training programs, like the Chartered Financial Modeler (CFM), can elevate modeling skills and team capabilities

Here are a few quotes from the episode:

“Financial modeling is about understanding the business, not just crunching numbers.” - Morten Lykke Pedersen
“A financial model should only do what it’s supposed to do, keep it simple and fit for purpose.” - Morten Lykke Pedersen
“It’s not about the formulas; it’s about making sure the people who own the numbers understand what’s going on in the model.” - Morten Lykke Pedersen

Follow Morten:

LinkedIn - https://www.linkedin.com/in/mortenlykkepedersen/?originalSubdomain=dk

Company - https://www.linkedin.com/company/deloitte/

Follow Paul:

Website - https://www.thefpandaguy.com  

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow Financial Modeler's Corner: 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 

Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:16] - Guest Background

[03:43] - Worst Model Horror Story

[07:58] - Client Engagement

[11:52] - Conveying Company Value

[13:35] - Supporting Assumptions with Data

[21:11] - The CFM Journey with Morten's Team

[31:19] - Favorite Excel shortcut.

[32:14] - The Number One Career Lesson

[33:39] - Rapid-Fire Questions

[37:38] - Final Advice

Why 95 Percent of AI Projects Fail and What FP&A Teams Must Fix in their data and Workflows

Wed, 03 Sep 2025 05:00:00 -0600

In this episode, hosts Paul Barnhurst and Glenn Hopper explore the challenges and opportunities that come with incorporating AI into finance. They discuss why so many AI projects fall short of expectations, the importance of having clear processes and clean data, and how businesses can get the most out of these technologies. The conversation also covers the practical uses of tools like ChatGPT and Excel Copilot, and the need for realistic expectations when adopting new technology.

In this episode, you will discover:

Why 95% of AI projects don’t deliver the results businesses expect.
The critical role that data quality and solid workflows play in making AI work.
How businesses are using tools like ChatGPT and Excel Copilot to enhance financial operations.
How to integrate these tools effectively into existing systems.
The importance of setting realistic goals and expectations when using new technologies.

Paul and Glenn stress that while AI offers great potential, it’s important to approach it with a clear understanding of its capabilities and limitations. They discuss how businesses can align technology with existing processes, manage expectations, and avoid common pitfalls.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:41] - Welcome to the Episode

[01:07] - Funny News of This Week

[04:00] - Why AI Projects Underperform

[09:12] - AI Automation for New Hires: Realistic or Hype

[16:01] - Understanding AI Fundamentals in Finance

[17:41] - Thoughts on ChatGPT-5

[31:06] - Summary of Key Takeaways from the Episode

The Top Skills FP&A Hiring Managers Want from Finance Analysts to Get Hired Fast with William Spengler

Thu, 28 Aug 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst is joined by William Spengler, founder of Frederick Fox, a recruiting firm specializing in placing top-tier finance and accounting talent. They discuss what employers are looking for in FP&A professionals and the growing demand for technical skills such as Power BI, Tableau, and SQL. William shares insights into the current job market, what makes candidates stand out, and why effective communication and a curious mindset are essential for success in finance. The episode is packed with practical advice for job seekers and finance professionals looking to advance in their careers.

William is the founder and principal of Frederick Fox, a recruiting firm that specializes in placing finance and accounting talent. Since its launch in 2019, Frederick Fox has grown rapidly, serving over 700 clients with a team of 55+ experienced recruiters. The firm has achieved this growth without outside funding, focusing on speed, accountability, and results. Frederick Fox has redefined the recruiting process, prioritizing lean systems and performance-based partnerships to help companies make confident hires. Outside of work, William is a guitar-playing father of three, a math nerd turned entrepreneur, and an enthusiast of spicy food and hot yoga.

Expect to Learn:

Why accounting and finance roles are becoming more crucial to businesses today
How to stand out as an FP&A candidate in a competitive job market
The importance of mastering technical tools like Power BI, Tableau, and SQL
Why humble curiosity is key to becoming a better business partner
How recruiters assess FP&A candidates and what skills they prioritize

Here are a few quotes from the episode:

“Accountants are becoming like the new software engineers. They’re in high demand and increasingly critical to business operations.” - William Spengler
“The biggest mistake candidates make is not reaching out directly to hiring managers with relevant examples. Networking is key.” - William Spengler
“If you're not networking continuously, you're not future-proofing your career.” - William Spengler

William Spengler shared valuable insights into the FP&A job market, highlighting the demand for technical skills, the importance of effective communication, and the value of humble curiosity. His practical advice on networking, understanding business needs, and positioning yourself for success will help both job seekers and finance professionals advance in their careers.

World-class Digital FP&A Course Bundle:

Sign up for over ten hours of video content with 4 different courses and 8 modules on FP&A topics, including: Business Partnering, Data Analysis, Financial Modeling Design Principles, and Modern Excel. Use code Podcast to save 25%. What are you waiting for? Sign up today: https://bit.ly/4decOf3

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow William:

LinkedIn - www.linkedin.com/in/william-spengler-2193433a

Website: https://frederickfox.com/

Facebook: https://www.facebook.com/FrederickFoxGroup/

Company LinkedIn: https://www.linkedin.com/company/frederick-fox/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[02:28] - William's Introduction

[07:20] - Build Models or Value Companies

[10:42] - What's Driving CPA Demand

[16:00] - How People End Up in FP&A

[18:09] - CPA is Still the Gold Standard

[27:37] - Communicating Data That Drives Action

[30:30] - Identifying Action-Oriented Candidates

[36:36] - Biggest Mistake Candidates Make

[42:38] - No.1 Technical Skill for FP&A

[49:16] - Connect With William

The 40th Anniversary of Excel: Unlocking the fascinating History, Easter Eggs, Excel humor, and more

Wed, 27 Aug 2025 06:00:00 -0600

In this episode of Financial Modeler's Corner, host Paul Barnhurst celebrates the 40th anniversary of Microsoft Excel, a tool that has revolutionized the financial modeling industry and many others. Paul explores Excel’s fascinating history, its evolution over four decades, and shares interesting facts, hidden Easter eggs, and fun surprises that Excel enthusiasts will appreciate. From the first graphical interface to modern-day features like dynamic arrays, this episode showcases how Excel has shaped the way we work and how it continues to be an essential tool for financial modelers.

Expect to Learn

The fascinating origin story of Excel and its early days on the Mac.
Fun facts about Excel’s features, including its secret limitations and quirky surprises.
Excel's functionality has evolved over the years to include over 500 functions.
Hidden Easter eggs and games that were embedded in older versions of Excel.
Creative and unique Excel projects, including games and pixel art, showcase the limitless possibilities within Excel.

Here are a few quotes from the episode:

"The first version of Excel only had 150 functions, and now we’re up to 516! That’s quite a leap over 40 years." - Paul Barnhurst
"Sometimes, the most creative projects come from using Excel in ways you never thought possible, like pixel art or creating a full video game." - Paul Barnhurst
"The tool of choice for modelers is Excel, and it has a lot more to offer than meets the eye." - Paul Barnhurst

Follow Paul:

Website - https://www.thefpandaguy.com  

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow Financial Modeler's Corner: 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 

Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:17] - 16 Fun Facts About Excel

[08:11] - Excel's Evolution

[14:58] - Excel Easter Eggs

[16:55] - Excel Jokes to Lighten the Mood

[19:13] - Epic Excel Creations: Stunning Art

[23:11] - Wrapping Up and Final Thoughts

What the Excel workflow of the future will look like with Rosie AI CEO and Excel expert Dennis Jiang

Wed, 27 Aug 2025 05:00:00 -0600

In this episode of Future Finance, hosts Glenn Hopper and Paul Barnhurst welcome Dennis Jiang, co-founder and CEO of Rosie. Dennis shares how Rosie helps professionals navigate complex spreadsheets, debug formulas, and optimize financial models. The conversation explores how AI is transforming spreadsheet use, streamlining tedious tasks, and empowering users to focus on strategic insights. Dennis also explains the unique challenges of integrating AI into financial workflows and how Rosie is changing the landscape of Excel usage for power users.

Dennis Jiang is the co-founder and CEO of Rosie, an AI-powered assistant that helps professionals understand, build, and analyze spreadsheets with ease. Dennis started his career as a consultant at Bain & Company, where he became an Excel whiz, so much so that he later worked as a freelance Excel consultant for high-profile clients like Apple. Having seen firsthand how much his clients and colleagues rely on spreadsheets yet struggle with them, Dennis founded Rosie to leverage agentic AI to finally solve that problem and help professionals focus on insights rather than wrestling with formulas.

In this episode, you will discover:

How Rosie’s AI assistant redefines how professionals use Excel.
The role of AI in auditing and debugging complex financial models.
How Rosie saves time for finance teams by automating tedious tasks.
The difference between Rosie and tools like Microsoft Copilot for advanced users.
Why Dennis believes that spreadsheets will remain central to finance, even as AI technology evolves

Dennis shared his journey from consulting to founding Rosie, offering an inspiring look at how AI is transforming Excel modeling and financial workflows. His insights into automating tedious tasks, debugging complex models, and enhancing financial analysis provide invaluable guidance for professionals looking to leverage AI to improve productivity and decision-making.

Follow Dennis:

LinkedIn - https://www.linkedin.com/in/dennis-jiang-0387923/

Website - https://www.askrosie.ai/?utm_source=podcast&utm_campaign=futurefinance1

Special Offer for Our Listeners: Enjoy 1 free month of Rosie Premium (a $20 value) using the code FUTUREFINANCE at checkout.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

LinkedIn - https://www.linkedin.com/in/gbhopperiii

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[03:04] - Why Rosie Was Created

[05:22] - Microsoft’s AI Integration Struggles

[06:45] - Rosie vs. Microsoft Copilot

[10:05] - Managing AI Hallucinations with Rosie

[12:55] - Rosie’s First Fan Club Website

[17:08] - The Future of Entry-Level Roles in Finance

[20:50] - Modeling with Punch Cards

[26:23] - The Future of Financial Analyst Roles

[33:05] - The Aha Moment for Rosie

[36:21] - Wrapping Up and Free Access to Rosie

Why Traditional FP&A Fails and How to Lead with Revenue-Driven Planning with Darrell Cox

Thu, 21 Aug 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst explores the transformation of finance into a strategic driver of business performance with seasoned CFO Darrell Cox. They unpack the modern challenges of FP&A, emphasizing how teams can move beyond traditional reporting to become proactive, data-savvy partners across the organization. Darrell shares real-world insights on forecasting, revenue intelligence, sales collaboration, and building a tech-enabled finance function that delivers tangible value.

Darrell Cox is the Chief Financial Officer at Una Software, bringing over 25 years of executive leadership across high-growth companies. His background includes CFO roles at Vena Solutions and FreshBooks, as well as leadership positions at Virgin Mobile, Rogers Communications, and ATI Technologies. Known for scaling finance teams and overseeing more than $1 billion in exits and transactions, Darrell focuses on blending financial insight with operational data to elevate finance's role as a strategic partner.

Expect to Learn:

Why FP&A must evolve into strategic finance to remain relevant
How to continuously improve forecasting through agile, data-rich practices
The critical role of CRM and daily data in revenue intelligence
How finance and sales can work together as partners, not opponents
Career advice for FP&A professionals aiming to become CFOs

Here are a few quotes from the episode:

“If you're not networking continuously, you're not future-proofing your career.” - Darrell Cox
“Come bearing gifts, not with a rubber stamp and a hatchet. That's how you partner with sales.” - Darrell Cox
“It’s no good having a beautiful bathroom if there’s no water going to it. You need the plumbing.” - Darrell Cox

Darrell Cox brings sharp insights and practical wisdom to this episode of FP&A Tomorrow, shedding light on how finance can step up as a true business partner. Whether you're building forecasts, aligning with sales, or plotting a path to CFO, Darrell's experience and advice offer a roadmap to smarter, more strategic finance.

Easy Strategic FP&A:

Introducing BEZ (BE EASY), with Agentic AI capabilities to maximize FP&A’s strategic impact. Automate complex FP&A processes and have a conversation with your data. Modern FP&A can Be Easy.

Learn more at: https://bit.ly/3H0Dqpp

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Darrell:

LinkedIn - https://www.linkedin.com/in/darrell-cox-547a461/?originalSubdomain=ca

Website - https://unasoftware.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[04:08] - What Great FP&A Looks Like

[06:54] - Enabling the Finance Team

[09:12] - Finance Career Insights

[12:04] - Overview of Una's Mission and Vision

[18:48] - Building a Revenue Forecast

[24:00] - Ideal Revenue Data Inputs

[27:18] - Counterintuitive Data Insights

[32:58] - Partnering with Sales

[42:53] - Career Growth in FP&A

AI ERP for FP&A Teams to Replace Legacy Systems and Automate 300 Workflows Fast with Nicolas Kopp

Wed, 20 Aug 2025 05:00:00 -0600

In this episode of Future Finance, host Glenn Hopper and co-host Paul Barnhurst welcome Nicolas Kopp, a visionary leader in the AI-native ERP space. Nicolas shares how AI is transforming finance operations by offering real-time visibility, automation, and a path to zero-day close. He explains how AI integration redefines financial workflows, from data ingestion and processing to output, offering a more streamlined approach compared to traditional systems.

Nicolas Kopp is the founder and CEO of Rillet, the AI-native ERP designed to automate accounting and close books faster. Backed by Sequoia, Rillet empowers accountants by integrating AI seamlessly into financial workflows. Previously, Nicolas served as the US CEO of N26, a fintech bank valued at $9 billion, where he played a key role in leading its expansion into the US market. Prior to N26, he spent five years in investment banking at Morgan Stanley. Nicolas holds a BA from the University of St. Gallen in Switzerland and an MSc in Accounting from the London School of Economics.

Expect to Learn:

The difference between AI-native ERP systems and legacy systems
How AI is transforming data ingestion and transaction processing in finance
The role of AI agents in automating finance workflows, from cash transfers to accruals
Why legacy systems struggle to integrate AI and how ReLit does it differently
The typical implementation process for AI-native ERPs and how it compares to traditional ERP rollouts

Nicolas Kopp provided an insightful look at the future of finance and the potential of AI-native ERP systems. His work with ReLit showcases how AI can transform finance operations, offering real-time visibility and automating complex workflows. From narrowing the scope of AI agents to building smarter systems, Nicolas’ insights are invaluable for finance professionals looking to leverage AI for operational success.

Follow Nicolas:

LinkedIn - https://www.linkedin.com/in/nicolas-kopp/

Website - https://www.rillet.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:10] - What Makes an AI-native ERP?

[03:22] - Integrating AI into Legacy Systems

[04:51] - Exploring AI Agents in Workflows

[07:24] - How Close Are We to Autonomous AI Agents?

[11:31] - The Challenge of Quick ERP Implementations

[15:45] - Celebrating Success and Sequoia Backing

Three-Statement Modelling for FP&A Pros to Avoid Complex Builds & Forecast Errors with Chris Reilly

Tue, 19 Aug 2025 05:00:00 -0600

In this republished episode of the Financial Modeler’s Corner, host Paul Barnhurst revisits the intricate world of financial modeling with returning guest Christopher Reilly. The conversation centers around what is necessary to build robust financial models, highlighting the importance of three-statement models and cash flow forecasting. The episode is filled with practical insights, advanced techniques, and professional experiences that underscore the significance of simplicity, accuracy, and best practices in financial modeling.

Christopher Reilly is a seasoned financial modeler with extensive experience in consulting, private equity, and financial modeling education. Starting his career during the financial crisis, Chris worked on high-profile bankruptcies such as Lehman Brothers and Rescap. His journey took him from a senior analyst role at Hilton Worldwide to a middle-market private equity firm, and eventually led to founding his own financial modeling education business. Today, he focuses on teaching and building financial models, with his work being featured by Wharton Online, Wall Street Prep, and LinkedIn Learning, among others.

Expect to Learn:

The importance of simplicity in financial models and how over-complicating can hinder their effectiveness.
Practical steps and considerations for building robust three-statement financial models.
Tips for auditing models to ensure accuracy and integrity.
How to use advanced Excel functions and shortcuts to enhance modeling efficiency.
Insights into the role of AI in financial modeling and how it may shape the future of the profession.

Here are a few quotes from the episode:

“All models are wrong, some are useful, and if it’s too complicated, it’s not useful.” - Chris Reilly
“AI won’t replace modelers, but it will complement us by improving assumption accuracy and reducing bias.” - Chris Reilly
“Use the BASE structure: Beginning, Addition, Subtraction, Ending, it’s the easiest way to audit support schedules.” - Chris Reilly

Follow Christopher:

Website - https://www.financialmodelingeducation.com/
LinkedIn - https://www.linkedin.com/in/chris-reilly-mission-capital/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner: 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:13] - Horror Story

[03:46] - Why simple models are most effective

[04:52] - Christopher’s career journey

[08:07] - Passion for teaching financial modeling

[11:31] - Why finance pros need 3-statement modeling

[14:13] - Getting started with a 3-statement model

[26:18] - Setting Up the Financial Plumbing

[32:01] - Tips for error checks & model integrity

[38:26] - Must-know Excel formulas & functions

[46:16] - How AI may shape financial modeling

[49:13] - Chris Reilly’s Financial Modeling Courses

Top Budgeting Tips for FP&A Professionals to Build a Strategic & Smooth Planning Process - Glenn Snyder

Thu, 14 Aug 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst and co-host Glenn Snyder explore what really makes a budgeting process succeed, or fall apart. Drawing from decades of experience in finance and corporate strategy, Paul and Glenn share lessons learned from real budgeting cycles, including where things went wrong and how they were fixed. They cover everything from headcount planning mistakes and unrealistic timelines to aligning business partners and creating buy-in at the executive level. Whether you're in the middle of budget season or preparing for one, this conversation is packed with practical advice you can take straight to your team.

Glenn Snyder is a strategic finance leader with deep experience across public, private equity, private equity-owned, and family-owned companies. He currently serves as Head of FP&A at Riveron and brings expertise in financial analysis, corporate strategy, modeling, and budgeting. Glenn has worked across several industries including SaaS (healthcare and telecom), eCommerce, data centers, and FinTech. He is also a Fractional CFO, mentor, and educator, with a long-standing connection to UCLA where he supports students and emerging finance professionals

Expect to Learn:

Why automation should be baked into FP&A from day one
What accountability-based forecasting looks like in practice
How to shift FP&A from a cost center to an operational partner
Practical methods for protecting your most valuable asset: time
Why “humble curiosity” is essential to understanding the business

Here are a few quotes from the episode:

"Fully burdened compensation isn’t just salary plus bonus, there’s a lot more under the hood." - Glenn Snyder
"Budgeting is a chance to learn the business, not just fill in a template." - Glenn Snyder
"Finance exists to help the business make better, faster decisions." - Paul Barnhurst

Glenn Snyder emphasized that budgeting is most effective when it's collaborative, strategic, and grounded in real business understanding. He reminded us that finance’s role is to support decision-making, not just manage numbers. With clear communication and thoughtful planning, budgeting can become a tool for alignment and impact.

Easy Strategic FP&A:

Introducing BEZ (BE EASY), with Agentic AI capabilities to maximize FP&A’s strategic impact. Automate complex FP&A processes and have a conversation with your data. Modern FP&A can Be Easy.

Learn more at: https://bit.ly/3H0Dqpp

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Glenn:

LinkedIn - https://www.linkedin.com/in/glenntsnyder/

Website - onemomentintimenovel.com

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[04:37] - Why Stay in FP&A?

[07:40] - Glenn Outside of Work

[13:59] - A Tough Business Transformation

[21:31] - Comp, Vacancies & Budget Math

[25:32] - Top 5 Budgeting Tips

[37:48] - Top 5 Budgeting Pitfalls

[50:22] - Planning Over Perfection

[59:54] - Closing Thoughts & Budgeting Humor

AI ERP for Finance & Accounting teams to Replace NetSuite and Automate Close in 4 Weeks With Nicolas Kopp

Wed, 13 Aug 2025 05:00:00 -0600

In this episode of Future Finance, hosts Glenn Hopper and Paul Barnhurst sit down with Nicolas Kopp, the founder and CEO of Rillet, to discuss how AI is transforming finance operations. The episode dives deep into the practical applications of AI-native ERPs, with Nicolas explaining how his platform redefines general ledger management. The discussion explores the future of finance workflows, from the zero-day close to AI-driven automation in accounting tasks. It's a compelling conversation about integrating advanced technology into finance without needing deep technical expertise.

In this episode, you will discover:

How AI-native ERP systems like Rillet are revolutionizing general ledger operations.
The process of automating complex accounting workflows with AI agents.
Why finance leaders need to embrace AI and the practical steps to do so.
The challenges and benefits of shifting from legacy systems to AI-driven platforms.
How CFOs can leverage AI today, even without a dedicated tech team.

Nicolas shared his journey from investment banking to leading Rillet, offering an inspiring look at how AI-native ERPs are transforming finance operations. His insights on automating workflows, achieving zero-day closes, and embracing AI-driven innovation provide essential guidance for finance leaders looking to stay ahead in the evolving landscape. This episode is a must-listen for professionals eager to drive change, innovate, and lead with purpose in the AI-powered future of finance.

Follow Nicolas:

LinkedIn - https://www.linkedin.com/in/nicolas-kopp/

Website - https://www.rillet.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[02:57] - What is an AI Native ERP?

[06:41] - AI Agents and Workflow

[09:15] - The Future of AI Agents with Autonomy

[11:47] - The Story Behind the General Ledger

[16:15] - The ERP Implementation Process

[23:43] - CFO Hesitations in Competitive Deals

[27:34] - Preparing Finance Leaders for AI Integration

[31:43] - Zero-Day Close as a Sport

[34:26] - Wrapping Up with Nicholas Kopp

How FP&A Teams Turn Confusing Budgets into Strategic Tools That Drive Alignment with Sarah Schlott

Tue, 12 Aug 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst welcomes Sarah Schlott, founder of The Schlott Company. Sarah shares her perspective on why financial models often fail, not because of bad math, but because they don’t reflect how real businesses work. She talks about what it takes to earn trust as a finance partner, how to clean up messy data without losing momentum, and the importance of getting the right people involved in the process. Sarah and Paul also dive into how finance teams can shift from reactive number-crunchers to proactive business partners that bring clarity and confidence to decision-making.

Sarah Schlott is a strategic finance leader with over 18 years of experience guiding companies through growth, M&A, and operational change. She’s worked across corporate finance, forecasting, budgeting, and reporting infrastructure. Sarah is the founder of The Schlott Company, where she helps founders bring order to financial chaos. Her approach blends classic FP&A with modern tools and a deep understanding of real-world business dynamics. She believes finance should bring clarity, not confusion.

Expect to Learn

Why overly complex models usually create more confusion than insight
What it means to be “battle-tested” as a finance leader
How to build models that reflect business reality, not just spreadsheets
What to do when the data is unreliable or inconsistent
Why involving department heads early leads to better models and better outcomes

Here are a few quotes from the episode:

"When you’re constantly fighting about the numbers, you’re not ready to present the model." - Sarah Schlott
"If the people who own the numbers don’t see themselves in the model, you should probably just chuck it." - Sarah Schlott
"Stop being the cop. Be the radio tower that keeps everything aligned." Sarah Schlott

Follow Sarah:

LinkedIn - https://www.linkedin.com/in/sarahschlott/

Website - http://www.sarahgschlott.com/

Company - https://theschlottco.com/

Follow Paul:

Website - https://www.thefpandaguy.com  

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow Financial Modeler's Corner: 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 

Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:53] - Introduction to Sarah Schlott

[03:14] - Worst Model Horror Story

[07:48] - Founding The Schlott Company

[10:19] - Experience Needed to Go Fractional

[14:53] - Building Finance That Brings Calm, Not Confusion

[17:28] - How to Work with Messy Data

[20:58] - Pressure Testing Financial Models

[28:04] - Finance as a Radio Tower, Not a Traffic Cop

[39:39] - Rapid-Fire: Excel Tools and Modeling Styles

[43:37] - Wrapping Up and Final Thoughts

FP&A Framework for Finance Leaders to Drive $15B Growth with AI & Forecasting Tools - Brian McGrath

Thu, 07 Aug 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst welcomes Brian McGrath, Co-Founder and COO of FutureView Systems, to explore how FP&A teams can scale smarter, automate faster, and operate as strategic business partners. With over 20 years of experience leading finance transformations in high-growth companies, Brian dives into why finance must be more than a cost center, it should be a driver of operational success and storytelling. From automation frameworks to AI and the power of curiosity, Brian shares lessons that can help FP&A professionals become essential, not just operational.

Brian McGrath is the Co-Founder and COO of FutureView Systems, a firm dedicated to delivering scalable, technology-enabled FP&A solutions for growing companies. A graduate of the University of Florida and UNC Chapel Hill, Brian has helped organizations streamline processes, eliminate manual workflows, and build finance functions that influence real-time decisions. His hands-on experience, systems thinking, and deep commitment to automation and business alignment make his insights invaluable for any finance professional ready to modernize their approach.

Expect to Learn:

Why automation should be baked into FP&A from day one
What accountability-based forecasting looks like in practice
How to shift FP&A from a cost center to an operational partner
Practical methods for protecting your most valuable asset: time
Why “humble curiosity” is essential to understanding the business

Here are a few quotes from the episode:

“The best way to elevate your career? Focus more on your customer’s success than your own.” - Brian McGrath
“FP&A should be embedded in operations, helping deploy capital in ways that truly move the business.” - Brian McGrath
“Accountability-based forecasting means budget owners own their numbers, finance is there to support, not control.” - Brian McGrath

Brian McGrath delivered a compelling vision for the future of FP&A, one where automation, process thinking, and operational alignment are non-negotiable. He emphasized that great FP&A professionals are not just technically skilled, but also curious, empathetic, and strategically embedded within the business. From designing scalable systems to navigating AI and storytelling, Brian’s insights offer actionable guidance for finance leaders looking to evolve from number crunchers to decision enablers.

Easy Strategic FP&A:

Introducing BEZ (BE EASY), with Agentic AI capabilities to maximize FP&A’s strategic impact. Automate complex FP&A processes and have a conversation with your data. Modern FP&A can Be Easy.

Learn more at: https://bit.ly/3H0Dqpp

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Brian:

LinkedIn - https://www.linkedin.com/in/financial-planning-and-analysis/.

Website - https://www.futureviewsystems.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[02:04] - Brian’s Background

[07:42] - Scaling Finance Teams

[09:52] - Accountability Forecasting

[14:00] - FP&A as Ops Partner

[20:23] - FP&A Get Involved in Ops

[24:59] - Developing Curiosity in Finance

[29:16] - Guarding Your Time in FP&A

[43:21] - How AI is Reshaping FP&A

[48:47] - #1 Technical Skill for FP&A Pros

[56:14] - Final Advice for FP&A Success

From Hype to Workflow: How AI in Excel Is Actually Helping Finance Teams Today

Wed, 06 Aug 2025 05:00:00 -0600

In this episode, hosts Paul Barnhurst and Glenn Hopper discuss the latest updates in AI and how these advancements are impacting the finance sector. They explore the practical challenges that come with integrating AI into existing finance workflows and the real-world limitations of AI tools. The conversation covers new tools like Claude for financial services and the recent developments from OpenAI, while also delving into how AI can be used in financial modeling and analysis. The hosts also share their personal experiences, frustrations, and optimism about the future of AI, offering a balanced view of the excitement and challenges that come with these technologies.

In this episode, you will discover:

How Claude for Financial Services is changing AI in finance.
Insights on OpenAI’s agent rollout and its impact on the industry.
The challenges of integrating AI into financial workflows, especially Excel.
The practical limitations of AI in real-world finance applications.
The future potential of AI tools and their role in financial decision-making.

Paul and Glenn highlighted the potential of AI tools like Claude and OpenAI’s agents in finance, stressing the importance of understanding their limitations. While these technologies offer exciting opportunities, integrating them effectively into existing workflows is key to realizing their value. The journey to fully harness AI in finance continues, and practical, cautious adoption will be crucial.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:43] - Welcome to the Episode

[01:09] - Claude for Financial Services

[04:59] - OpenAI’s $10 Million Model

[06:41] - Integrating AI into Excel Workflows

[11:56] - Maintaining Data Integrity in AI Models

[13:37] - AI Integration via Spreadsheet Sidebars

[16:10] - Testing Data Formats: CSV vs JSON for LLMs

[21:59] - SNL Skit with Debbie Downer

[24:54] - Closing Remarks

An AI Excel Tool for Finance Teams to Speed Up DCFs and Scenario Modelling with Nico Christie

Tue, 05 Aug 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst welcomes Nico Christie, co-founder of Fundamental Research Labs and creator of Shortcut, the superhuman Excel agent. Nico shares insights into his fascinating journey, from being a professional athlete to leading groundbreaking AI projects. Together, they explain how AI is revolutionizing financial modeling and making Excel smarter than ever before. Nico also discusses his work at Fundamental Research Labs, where they aim to build digital humans using AI, and the development of Shortcut, which aims to streamline the way we use Excel for financial modeling tasks.

Nico Christie is the co-founder of Fundamental Research Labs and the CEO of Shortcut, a cutting-edge AI tool designed to supercharge Excel. Nico’s diverse background spans professional athletics, corporate finance, and AI research. His work at Fundamental Research Labs focuses on building AI that mimics human-like qualities, such as emotional experiences and consciousness. Nico has a passion for both technology and the real-world applications of AI in tools like Excel, making complex tasks faster and more intuitive.

Expect to Learn

How Shortcut is revolutionizing Excel for financial modeling with AI.
The process behind building digital humans at Fundamental Research Labs.
Nico’s journey from professional dunker to AI innovator.
How AI tools like Shortcut are transforming the financial modeling landscape.
Insights on the future of AI in Excel and the response from companies like Microsoft.

Here are a few quotes from the episode:

"I just think Excel is the most beautiful design software ever created by humans." - Nico Christie
"The goal of the company is to build digital humans, giving AI all of the fundamental human qualities, not just intelligence." - Nico Christie
"People who were initially afraid of AI are no longer afraid once they see how it can be used in software engineering." - Nico Christie

Follow Nico:

LinkedIn - https://www.linkedin.com/in/nicochristie/
Twitter - https://x.com/nicochristie

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy
YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner: 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:15] - Introduction to Nico Christie

[02:38] - Worst Model Horror Story

[06:32] - Upcoming Projects and Exciting Roadblocks

[09:14] - The Journey to Dunking

[17:21] - The Power of Excel's Top Buttons

[20:17] - Reviewing vs. Starting from Scratch

[21:38] - Struggles with Formatting in Model Reviews

[32:35] - The Impact of AI Tools on the Profession

[37:26] - Favorite Excel Shortcut

[39:54] - Financial Models as Decision-Making Tools

[42:34] - Wrapping Up

How FP&A Pros Build High-Performing Teams through Trust and Problem Solving with Jesse Mishler

Thu, 31 Jul 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst welcomes Jesse Mishler to explore what it takes to build a thriving FP&A function grounded in purpose, people development, and strategic problem-solving. From military discipline to corporate finance leadership, Jesse offers a rare blend of operational rigor and emotional intelligence. His reflections on transforming real estate spaces, empowering teams, and navigating financial complexity will resonate with finance professionals and leaders alike. This episode dives into the evolving role of finance in shaping organizational culture, driving performance, and making workspaces more human-centered and impactful.

Jesse Mishler serves as Senior Vice President of FP&A at Carr Properties, where he oversees corporate forecasting, executive reporting, and strategic financial planning. A U.S. Marine Corps veteran with over two decades of experience, Jesse brings a mission-driven mindset to FP&A leadership. He is known for building high-performing, people-first finance teams, championing cross-functional collaboration, and implementing innovative planning tools like JEDOX to drive operational efficiency. With a master’s in real estate from Georgetown University and a passion for continuous learning, Jesse’s leadership reflects both financial precision and personal authenticity.

Expect to Learn:

How military principles like integrity and resilience translate to corporate leadership.
What makes FP&A a strategic hub, not just a back-office function.
Why developing people is one of the most fulfilling aspects of leadership.
Key operational metrics in commercial real estate and how they guide decision-making.
The power of curiosity in becoming a better business partner.

Here are a few quotes from the episode:

"FP&A should be the hub of the company, connecting insights, strategy, and communication across the business." - Jesse Mishler
"The most rewarding part of my job is seeing others grow and surpass even their own expectations."- Jesse Mishler
"Sometimes the most impactful help you can offer takes less than five minutes, it starts with listening." - Jesse Mishler

Jesse shared powerful insights into how leadership, resilience, and curiosity can shape a successful FP&A career. He highlighted the importance of problem-solving over perfection, the value of building trust through authentic actions, and the transformational impact of investing in people. From leveraging real estate finance to fostering team growth, Jesse’s advice offers practical, inspiring takeaways for finance professionals aiming to elevate their strategic influence and lead with integrity and empathy.

Corporate Finance Institute:

You know the numbers. Now it’s time to own the story.

The new FP&A Professional (FPAP) Certification from CFI is built for finance professionals who want to lead with insight-not just report the data.

Learn more at: https://corporatefinancialinstitute.pxf.io/c/6003589/3067930/23723

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Jesse:

LinkedIn - https://www.linkedin.com/in/jessemishler/

Company - https://www.carrprop.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on Earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[03:58] - What Makes Great FP&A

[06:05] - Lessons from the Marines

[09:01] - FP&A as a Problem Solver

[12:36] - Why Real Estate Finance

[15:23] - Key Metrics in Real Estate

[18:41] - Choosing & Using JEDOX

[22:54] - Developing People in FP&A

[30:41] - Leadership & Trust

[36:26] - No.1 Technical FP&A Skills

[41:02] - Favorite Hobby

[47:08] - Closing Advice: Be Curious

From PepsiCo to AI Expert: Lessons for FP&A Pros to Lead with Mindset over Tech with Tariq Munir

Wed, 30 Jul 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper welcome digital transformation expert Tariq Munir to explore how AI and data are reshaping finance leadership. The conversation centers on the core message of Tariq’s upcoming book, Reimagine Finance: A Guide to Leading in the Age of Data, AI and Digital, and how finance professionals can drive transformation without needing deep technical expertise. The episode emphasizes mindset shifts, the human role in AI adoption, and the practical use of digital twins and reasoning models in finance.

Tariq Munir is a keynote speaker, writer, and digital transformation consultant with over two decades of experience working with Fortune 500 companies. Formerly with PepsiCo, Tariq recently transitioned to full-time entrepreneurship. His work focuses on empowering CFOs and finance teams to lead enterprise-wide digital transformations. He’s also the author of the forthcoming book Reimagine Finance, scheduled for global release with Wiley.

In this episode, you will discover:

Why mindset, not technical expertise, is the key to digital transformation in finance.
How AI is changing leadership expectations and essential skillsets.
What digital twins are and how they can optimize finance processes.
The challenges of applying reasoning models in financial AI use cases.
Why critical thinking and human judgment remain vital in an AI-driven world.

Tariq shared his inspiring transition from corporate executive to digital transformation leader, making this episode a compelling listen for anyone aiming for future-proof finance in the AI era. His reflections on leadership, his vision for human-centered AI adoption, and practical strategies like digital twins offer essential insights for finance professionals seeking to embrace innovation, drive change, and lead with purpose in an increasingly data-driven world.

Follow Tariq:

LinkedIn - https://www.linkedin.com/in/tariq-munir

Website - https://www.tariqmunir.me/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[02:23] - Writing "REIMAGINE FINANCE"

[03:45] - Key Takeaways For Finance Leaders

[06:02] - Career Shift And Current Update

[09:56] - AI And The New Breed Of Leaders

[14:57] - Balancing AI And Human-Centricity

[20:21] - Jobs And Technological Change

[28:42] - Challenges With AI Reasoning Models

[36:00] - Fun Questions & Episode Wrap-Up

The Truth About Project Finance for Modelers to Avoid Complexity & Build Impact with Patrick Daguet

Tue, 29 Jul 2025 05:00:00 -0600

In this episode of Financial Modeler's Corner, host Paul Barnhurst sits down with Patrick Daguet, a seasoned finance professional, educator, and structured finance expert for a thoughtful and inspiring conversation about the real-world side of financial modeling. With over four decades in the industry, Patrick shares what he's learned from years of building models, working on massive infrastructure deals, and teaching the next generation of finance professionals. From navigating the challenges of project finance to celebrating those satisfying “balance sheet balances” moments in the classroom, Patrick offers a grounded, practical perspective on how modeling works beyond the spreadsheet.

Patrick is the President of Sharklets, a training company specializing in CFA, FRM, and CAIA prep, and a Senior Professor at IÉSEG School of Management. With a background in structured finance, infrastructure projects, and model design, he bridges academic rigor with practical experience. He has helped train thousands of finance professionals across the globe and continues to lead CFM study groups. Patrick’s love for teaching is matched by his real-world expertise, having worked on major infrastructure deals, including France’s national stadium.

Expect to Learn

Why financial models should be treated as decision-making tools, not just math.
What makes project finance models more complex than corporate ones.
The real-world impact of financial models, from runways to stadiums.
How teaching has shaped Patrick’s understanding of modeling.
Why lifelong curiosity is the key to staying relevant in finance.

Here are a few quotes from the episode:

“A financial model is a decision tool that incorporates all the information necessary to form your own judgment." - Patrick Daguet
"I fell into teaching when people told me I had a talent for explaining the complex clearly." - Patrick Daguet
"You are sentenced to lifelong learning when you choose a career in finance." - Patrick Daguet

Follow Patrick:

LinkedIn - https://www.linkedin.com/in/patrickdaguet/
Email - p.daguet@ieseg.fr

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy
YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:59] - Guest Intro: Patrick’s Background

[03:34] - Modeling Horror Story

[07:28] - Defining a Financial Model

[08:46] - Lifelong Learning & Certifications

[11:58] - Passion for Project Finance

[14:39] - Favorite Project: Stade de France

[17:58] - Challenges in Project Finance Models

[24:59] - Transition to Teaching

[31:30] - CFM Study Groups & Community

[37:20] - Excel Tools & Rapid Fire Round

[45:12] - Closing Advice & Takeaways

CEO Mindset for Finance Pros to Scale Firms, Avoid Failure & Replace Technical Focus - Chris Ortega

Thu, 24 Jul 2025 05:00:00 -0600

In this episode of FP&A Today, host Paul Barnhurst, aka The FP&A Guy, welcomes Christopher Ortega for a candid conversation about the evolution of finance and building a business from the ground up. From basketball analogies to real-world advice, this episode blends personal experience with professional insight. Chris opens up about what it takes to grow a consulting business, how to handle setbacks, and why financial professionals need to think beyond spreadsheets and become true business partners.

Christopher Ortega is the CEO and founder of Fresh FP&A, a financial strategy firm that supports small and mid-sized businesses with fractional CFO services. With more than 20 years in accounting, FP&A, and finance leadership, Chris has built a career around driving growth, navigating acquisitions, and helping organizations build financial clarity. He’s worked with global companies, led finance teams through complex M&A deals, and now channels that experience into helping others succeed

Expect to Learn:

Why FP&A needs to evolve from reporting to a real business partnership
How Chris shifted his mindset from CFO to CEO
The importance of focusing on the right industries instead of trying to serve everyone
Why failing early became one of his greatest learning tools
What to do before you land your first paid client

Here are a few quotes from the episode:

"You either win or you learn. You only lose if you don’t learn." - Christopher Ortega
"To scale, I had to stop thinking like a CFO and start thinking like a CEO." - Christopher Ortega
"Sales and marketing taught me more about business than any finance book." - Christopher Ortega

Christopher shared valuable insights on evolving from a technical finance role to a strategic business partner, the mindset shift required to grow from CFO to CEO, and the power of narrowing your focus in business. His advice on embracing failure, building with purpose, and putting impact before income offers meaningful takeaways for anyone looking to lead with confidence in the finance world.

Corporate Finance Institute:

You know the numbers. Now it’s time to own the story.

The new FP&A Professional (FPAP) Certification from CFI is built for finance professionals who want to lead with insight, not just report the data.

Learn more at: https://corporatefinancialinstitute.pxf.io/c/6003589/3067930/23723

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Chris:

LinkedIn - https://www.linkedin.com/in/freshcfo/

Website - https://freshfpa.com/our-team/john-kobs-ceo/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[03:14] - What Does Great FP&A Look Like?

[07:21] - Starting the Entrepreneurial Journey

[11:21] - Reflecting on College Memories

[16:36] - Embracing Failure in Finance

[22:11] - Starting Without a Paid Client

[20:23] - Advice for Aspiring Entrepreneurs

[26:08] - Revenue Before Quitting

[37:44] - Dream Boxing Matches

[27:35] - The Hardest Part of Entrepreneurship

[34:18] - Essential Technical Skill for Professionals

[44:30] - Roles in Business: The Football Analogy

How Runway Helps Startup Leaders Simplify Finance with Design-First FP&A Tools with Siqi Chen

Wed, 23 Jul 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper sit down with Siqi Chen, founder and CEO of Runway. Siqi opens up about the challenges he faced understanding finance as a founder, and how those frustrations led him to build a more intuitive platform. The conversation explores what’s broken in traditional finance tools and how better design can make finance easier to grasp for everyone in the business, not just the experts.

Siqi is a builder and investor with a background that spans NASA, gaming, and high-growth startups. Before Runway, he led products at Zynga and Postmates, served as CEO of Sandbox VR, and invested in companies like Clubhouse and Amplitude. His journey gives him a unique perspective on how product design can solve real business pain points, especially in finance.

Expect to Learn:

Why traditional finance tools are often disliked.
The common spreadsheet struggles growing teams face.
How user-friendly design improves collaboration.
Why Runway focuses on clarity and flexibility over complexity.
What it means to build a thinking tool, not just a planning tool.

Siqi shares practical, hard-earned insights on what it takes to build a truly useful finance platform, one that prioritizes clarity, flexibility, and collaboration. If you're frustrated by rigid systems or drowning in spreadsheet chaos, this episode offers a fresh perspective on how thoughtful design and a new approach to financial modeling can help you make better, faster decisions.

Follow Siqi:

LinkedIn - https://www.linkedin.com/in/siqic/

Company - https://www.linkedin.com/company/runway/

Twitter - https://x.com/blader

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:05] - Origin of Runway

[03:00] - Early Challenges & First Users

[04:10] - Early Demo & Launch Delay

[05:29] - User-Friendly Design

[11:43] - Winning by Being Different

[15:53] - Powerful Tech, Simple Design

[16:33] - From Workflow to Thinking Tool

How Financial Modelers Rely on Memorability, Not Accuracy, to Get Ahead in Excel with Finance Bro

Tue, 22 Jul 2025 05:00:00 -0600

In this episode of Financial Modeler's Corner, host Paul Barnhurst invites "Your Average Finance Bro," for a light-hearted and humorous conversation about financial modeling. The episode takes a comedic spin on the often serious world of finance, diving into the importance of Excel, the art of building memorable models, and even how Excel proficiency can play a role in dating. Expect a mix of fun and insight, with Finance Bro offering his unconventional wisdom about financial modeling, presenting with confidence, and making your work stand out in the finance world.

Your Average Finance Bro, is a renowned figure in the financial modeling world. He has built a reputation not just for his financial modeling skills but also for his humorous take on the profession. He's a self-proclaimed founder of Goldman Sachs, inventor of the discounted cash flow model, and someone who has been involved in some of the most memorable (and fictional) moments in finance history. Finance Bro brings a fun and unconventional approach to the world of finance, often blending humor with expert insights.

Expect to Learn

The importance of memorability in financial modeling and how it can impact your career.
Why Excel continues to dominate financial modeling and how Finance Bro contributed to its popularity.
The lighter side of financial modeling, including hilarious pranks and Excel jokes.
How to present financial models with confidence, even if the numbers are questionable.
The essential skills and mindset needed for financial modelers to stand out, especially in high-pressure situations.

Here are a few quotes from the episode:

"Memorability is extremely important in financial modeling. If you screw up, people will remember that forever." - Your Average Finance Bro
"The ability to present a model is more important than the model itself." - Your Average Finance Bro
"If you can't teach someone how to build a model, you’re not teaching them anything at all." - Your Average Finance Bro

Follow Finance Bro :

LinkedIn - https://www.linkedin.com/in/your-average-finance-bro/
Instagram - https://www.instagram.com/youraveragefinancebro/?hl=en
Website - linktr.ee/financebro
YouTube - youtube.com/@youraveragefinancebro

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy
YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:57] - Guest's Background

[04:33] - Becoming a Strong Financial Modeler

[06:27] - Defining Financial Modeling

[09:20] - What to Do When Your Model Breaks

[14:14] - Why Excel Dominates Over Google Sheets

[17:46] - Circular References vs. Leg Day

[19:28] - Favorite Code Words

[24:40] - Favorite Industry to Model

[26:07] - Rapid Fire Section

[28:38] - Favorite Lookup Function

[29:51] - Closing Thoughts

The Budgeting Process Fix for FP&A Leaders to End Chaos and Improve Team Impact with Adam Rakich

Thu, 17 Jul 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst welcomes Adam Rakich, founder and Consulting Director at Northexis, to discuss why the budgeting process is universally loathed and how to fix it. Drawing from decades of experience implementing planning and consolidation systems, Adam shares strategies to transform budgeting from a burdensome task into a strategic advantage. With humor, insight, and plenty of real-world experience, Adam breaks down common pitfalls and offers practical, actionable advice for finance professionals at every level.

Adam Rakich has spent over a decade streamlining finance processes across industries, working with top software platforms like Adaptive Insights, Workday, and OneStream. As the author of The Business User’s Guide to Data Integration, he is known for making complex finance concepts accessible, especially to non-technical professionals. At Northexis, Adam helps organizations build better, more collaborative FP&A functions without the pain.

Expect to Learn:

Why most budgeting processes are broken and how to shift the mindset to fix them.
The importance of soft skills in elevating finance's strategic impact.
How to avoid the "Jurassic Park" trap of doing more just because you can.
The value of driver-based planning and why simplicity often beats complexity.
The "James Bond Philosophy" of budgeting: when to seduce and when to take a firmer stance.

Here are a few quotes from the episode:

"The James Bond approach to budgeting: seduce when you can, shoot when you have to metaphorically, of course." - Adam Rakich
"Pick your battles. If you ask for everything, people will tune out and give you nothing." - Adam Rakich
"Budgeting works best when it’s not adversarial. Finance shouldn’t be the department of ‘no’." - Adam Rakich

Adam shared valuable insights into why budgeting processes often fall short and how a shift in mindset can make all the difference. He emphasized the power of simplicity, the role of soft skills in finance, and the importance of involving stakeholders in meaningful ways. His practical advice on driver-based planning, managing expectations, and building strong business relationships offers key takeaways for finance professionals looking to lead more effective and collaborative FP&A functions.

Corporate Finance Institute:

You know the numbers. Now it’s time to own the story.

The new FP&A Professional (FPAP) Certification from CFI is built for finance professionals who want to lead with insight-not just report the data.

Learn more at: https://corporatefinancialinstitute.pxf.io/c/6003589/3067930/23723

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Adam:

LinkedIn - https://www.linkedin.com/company/northexis/

Website - https://northexis.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[01:29] - Guest’s Background

[04:06] - Defining Great FP&A

[07:58] - Why People Hate Budgeting Process

[09:28] - 10 Ways to Fix Budgeting

[19:51] - Driver Tree and Revenue Impact

[23:39] - Jurassic Park Hubris and Budgeting

[30:23] - Accountant vs. FP&A Professional

[43:42] - James Bond Philosophy & Budgeting

[46:51] - No.1 Technical Skill

[52:17] - Superhero of Choice

Why Siqi Chen is building an AI Thinking Platform for finance leaders at Runway

Wed, 16 Jul 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper welcome Siqi Chen, founder and CEO of Runway, a finance platform built to help operators understand their business without needing a degree in finance. The discussion explores how traditional FP&A tools fall short, and why Runway is reimagining financial modeling by combining flexibility, design, and deeper thinking.

Siqi is the founder and CEO of Runway, a modeling platform designed for operators and finance professionals who need flexible, intuitive tools to manage business complexity. He previously served as CEO of Sandbox VR, VP of Product at Postmates, and Head of Product at Zynga. Siqi has also invested in over 100 startups, including Clubhouse, Amplitude, Pipe, and Italic. Early in his career, he worked at NASA, where he was awarded a Congressional Space Act Award while still in school for his work on the Mars Exploration Rover.

In this episode, you will discover:

Why FP&A platforms often fail to replace spreadsheets for financial modeling.
How Runway is addressing the core pains of collaboration, complexity, and data integration.
Why flexibility and speed of thought matter more than workflow automation.
How Siqi thinks about AI’s role in making finance tools more usable and accessible.
A remarkable story of how a meme coin helped fund life-saving research for his daughter’s brain tumor.

Siqi shared his remarkable journey from NASA engineer and tech executive to founder of a finance platform built for modern operators. His experiences across product leadership, startup growth, and personal resilience highlight why tools like Runway are redefining how finance professionals think, plan, and collaborate. This episode is a must-listen for anyone looking to move beyond outdated systems and embrace a more flexible, human-centered approach to financial modeling and decision-making.

Follow Siqi:

LinkedIn - https://www.linkedin.com/in/siqic/

Company - https://www.linkedin.com/company/runway/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:48] - Siqi’s Background

[04:41] - Runway Journey So Far

[07:11] - Approachable Finance Tools

[14:28] - UX & What Makes Runway Unique

[20:26] - Thinking Tool Idea

[24:28] - Excel Flexibility Trade-Offs

[33:46] - AI as a Financial Exoskeleton

[40:21] - The Meme Coin Surprise

[44:40] - Wrap-Up

How Students Master Financial Modeling and Bridge the CFA Practical Skills Gap with Stephen Horan

Tue, 15 Jul 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst welcomes Dr. Stephen Horan to discuss the fundamentals of financial modeling, the challenges and rewards of teaching finance, and how curiosity and simplicity are central to both education and professional modeling. Dr. Horan draws on his extensive experience as a finance professor and former Managing Director at CFA Institute, offering unique insights into the intersection of academia, practical modeling, and credentialing.

Dr. Stephen is a finance professor at UNC Wilmington and former Managing Director at the CFA Institute. He has over 30 years of experience in academia and industry, has authored award-winning research, and co-wrote Strategic Value Investing, featured on Warren Buffett’s reading list. His work bridges theory and practice in finance education. Dr. Horan is also a sought-after speaker and serves on editorial boards for leading finance journals.

Expect to Learn

What makes a model readable and useful and why fundamentals matter.
How to teach financial modeling in a way that’s active and practical.
The difference between book knowledge and real-world application in finance.
Insights into CFA Institute’s evolution toward practical skills and global relevance.
The mindset and skills students need to transition from learning to doing.

Here are a few quotes from the episode:

"Curiosity is the skill I had to learn and it’s the one that’s helped me most in my career." - Stephen Horan
"Give someone the experience of building a model and solving problems. That’s the real education." - Stephen Horan
"The ability to explain how you built a model is more powerful in an interview than listing courses on a résumé." Stephen Horan

Follow Stephen:

LinkedIn - https://www.linkedin.com/in/stephenhoranphd/
Twitter - http://twitter.com/StephenHoranCFA

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy
YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:07] - Guest Introduction

[04:19] - Modeling Horror Story

[10:41] - Bridging Theory and Practice

[13:31] - Power of Teaching

[17:55] - Learning by Modeling

[26:23] - CFA Institute Insights

[35:07] - Favorite Excel Shortcut

[39:36] - Rapid Fire Round

[46:02] - Final Thoughts and Contact

Being a First Time CFO in The Restaurant Industry, Lessons Learned with Alex Holt

Thu, 10 Jul 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst welcomes Alex Holt, the CFO of Milo’s Hamburgers, to discuss the intersection of finance, business operations, and growth. Alex shares his journey from public accounting to the food service industry, offering insights into the challenges of managing finance in a family-owned, fast-growing restaurant chain. He also discusses the unique dynamics of budgeting, forecasting, and providing advice for aspiring finance leaders.

Alex Holt is the CFO of Milo’s Hamburgers, a beloved 23-unit fast-food chain known for its iconic burgers and sweet tea, based in Alabama. With experience as the Executive Vice President of Finance at Capstone Communities and a background in real estate, Alex brings a wealth of knowledge in finance, data visualization, and process improvement. He is passionate about making data useful and has a strong focus on enhancing financial operations.

Expect to Learn:

How the role of FP&A extends beyond reporting to driving business change.
The unique challenges of managing finances in a growing, family-owned restaurant chain.
The importance of process improvement and documentation when scaling operations.
How Alex uses technology to improve efficiency and communication.
Key metrics and strategies for managing finance in the restaurant industry, including labor and food costs.

Here are a few quotes from the episode:

"I use ChatGPT every day for communication, summarizing information, and even Excel formulas. It's a great productivity tool." - Alex Holt
"If accounting is reporting what happened, great FP&A is about understanding the why behind the business activities." - Alex Holt
"Great FP&A is about pulling insights from what's going on in the business and using that to drive change." - Alex Holt

Alex shared valuable insights on what makes a great FP&A professional, the importance of process improvement in a growing company, and how technology can enhance financial operations. His practical advice on managing costs, forecasting, and building consensus provides key takeaways for aspiring finance leaders.

Corporate Finance Institute:

You know the numbers. Now it’s time to own the story.

The new FP&A Professional (FPAP) Certification from CFI is built for finance professionals who want to lead with insight-not just report the data.

Learn more at: https://corporatefinancialinstitute.pxf.io/c/6003589/3067930/23723

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Alex:

LinkedIn - https://www.linkedin.com/in/holtale/

Twitter - https://x.com/holtale

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[04:02] - What Does Great FP&A Look Like?

[06:28] - Alex’s Transition to CFO at Milo’s Hamburgers

[08:13] - The First 90 Days as CFO

[14:36] - Using AI in Daily Operations

[16:14] - Standardizing Processes for Growth

[23:44] - Expense Ratios in Fast Food

[25:02] - Considering Franchising at Milo’s

[27:06] - Budgeting Horizons in Real Estate

[30:45] - Advice for Aspiring CFOs

[36:57] - Soft Human Skill

[42:56] - Theme Song for Entering a Room

AI Solution for CFOs to Replace Outdated ERP and Accelerate Financial Operations with John Glasgow

Wed, 09 Jul 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper welcome John Glasgow, the founder and CEO of Campfire. With backing from Y Combinator and Foundation Capital, Campfire is rethinking the general ledger using AI-powered workflows that streamline accounting and accelerate financial reporting. John shares his journey, his experience with traditional finance systems, and how Campfire is bringing AI to the forefront of finance transformation.

John is the founder and CEO of Campfire, a cutting-edge AI-powered ERP platform that redefines how finance teams manage the general ledger. With a career that spans strategic roles in companies like Adobe, Magento Commerce, and Buildcon, John’s expertise in finance and corporate development has helped shape his vision for the future of financial reporting. He shares insights on how his career led him to solve the pain points in the finance sector, particularly around outdated software and complex financial processes.

Expect to Learn:

How AI is transforming finance systems, especially in accounting and financial reporting.
The challenges of ERP implementation and how Campfire is tackling them with AI-powered solutions.
Insights on getting closer to a “day zero” close and speeding up financial closing cycles.
The evolution of the general ledger and how modern ERPs are rethinking traditional finance tools.

John offers practical insights and forward-thinking strategies for embracing AI in finance. If outdated systems and slow processes have been holding you back, this episode provides a refreshing look at how AI can drive efficiency and smarter decision-making in finance.

Follow John:

LinkedIn - https://www.linkedin.com/in/johnglasgow/

Website - https://campfire.ai/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:23] - John’s Background

[01:34] - $35M Series A Announcement

[02:46] - Career Background & Campfire

[04:45] - Long-Term Vision & Career Decisions

[07:22] - Accelerating Financial Close

[12:05] - Modern Ledger vs. Legacy

Building a Practical Financial Modeling Course for students focused on sustainability with Michael & Janice

Tue, 08 Jul 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst speaks with Janice Shade and Michael Tapia about the intersection of sustainability, financial modeling, and education. They share the behind-the-scenes creation of a unique MBA course focused on sustainable finance and modeling at Bard College. The episode dives into horror stories from the modeling trenches, highlights the challenges of teaching complex topics in an accessible way, and explores the future of financial education and tools.

Janice is a systems entrepreneur and finance educator with over 30 years of experience. She has worked with both for-profit and nonprofit ventures, focusing on democratic access to capital and economic justice. Janice is also the author of Moving Mountains and teaches finance at Bard’s MBA in Sustainability program. Michael transitioned from the fitness industry into sustainable finance. With an MBA in Impact Finance from Bard, he co-developed and co-taught a financial modeling course that incorporates ESG data and sustainability into traditional financial analysis. Michael is passionate about inclusive, community-driven investment strategies and financial education.

Expect to Learn

What makes a financial model “fit for purpose”, and why complexity isn’t always better.
How financial modeling can support sustainability and social impact.
Tips for teaching finance to non-finance students and building curriculum from the ground up.
The importance of scenario and sensitivity analysis in forecasting.
Practical insights on bridging theory and hands-on financial modeling in academia.

Here are a few quotes from the episode:

"Finance shouldn't feel mystical or exclusive, our goal is to make it approachable and relevant." - Janice Shade
"As a former trainer, I saw how performance metrics drove change. Now I see capital can do the same, if used with purpose." - Michael Tapia
"Forecasting is hard, and no forecast is ever right. We're just trying to make it less wrong." - Janice Shade

Follow Janice:

LinkedIn - https://www.linkedin.com/in/janice-shade/
Website - https://innovatecapital.org/team

Follow Michael:

LinkedIn - https://www.linkedin.com/in/michael-tapia-

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy
YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:29] - Introduction of Janice and Michael

[07:20] - Worst Financial Model

[14:04] - Defining a Financial Model

[15:18] - Story Behind the MBA Modeling Course

[22:43] - Janice’s Key Takeaways from First Cohort

[29:34] - Michael’s Course and Podcast Episodes

[42:45] - Favourite Shortcut in Excel

[43:47] - Creative Excel Uses

[47:32] - Rapid Fire Section

How SaaS FP&A Teams Leverage AI to Manage Cloud Costs & Transform Decision-Making with Raheli Sasson

Thu, 03 Jul 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst is joined by Raheli Sasson, the Director of FP&A at JFrog. Raheli shares her expertise on the evolving role of FP&A professionals, discussing the importance of being proactive, clear, collaborative, and continuously learning. She also dives into the challenges of managing cloud hosting costs in a hypergrowth environment and how AI is transforming the finance industry. Raheli discusses the use of AI tools for productivity, forecasting, and machine learning, and provides insights on data storytelling and its impact on decision-making.

Raheli Sasson is the Director of FP&A at JFrog, where she partners with executive leadership to deliver financial and operational results. With deep expertise in budgeting, forecasting, and process automation, Raheli is passionate about leveraging technology and AI to drive efficiency in finance. She has managed budgets exceeding $1 billion and spearheaded global initiatives to integrate AI in finance.

Expect to Learn:

How finance can act as a strategic partner to drive company growth, especially in the early stages.
The importance of balancing growth with sustainability in high-growth SaaS companies.
Key metrics and strategies for scaling operations and go-to-market efforts in early-stage startups.
Insights into how AI is changing the landscape of finance and operations.
Tips on building trust and accountability within teams to ensure collaborative success.

Here are a few quotes from the episode:

"The ability to present financial data clearly and compellingly is one of the most powerful tools you can have in your FP&A toolbox." - Raheli Sasson
"AI is transforming finance, and for me, it's not just about automation. It's about leveraging it to forecast better and make smarter, data-driven decisions." - Raheli Sasson
"A great FP&A professional is not just reactive but proactive, anticipating needs before they arise and simplifying complex financial data for everyone." - Raheli Sasson

Raheli shared key insights on what makes a great FP&A professional, the importance of collaboration in high-growth environments, and how AI is transforming finance. Her practical advice on managing costs, forecasting, and data storytelling provides valuable takeaways for aspiring finance leaders.

Corporate Finance Institute:

You know the numbers. Now it’s time to own the story.

The new FP&A Professional (FPAP) Certification from CFI is built for finance professionals who want to lead with insight-not just report the data.

Learn more at: https://corporatefinancialinstitute.pxf.io/c/6003589/3067930/23723

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Raheli:

LinkedIn - https://www.linkedin.com/in/rahelisasson/?originalSubdomain=il

Company - https://www.linkedin.com/company/jfrog-ltd/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[03:49] - What’s Great FP&A?

[07:15] - Transitioning from Auditing to FP&A

[10:35] - Managing Cloud Hosting Costs in Hypergrowth

[15:48] - Passion for AI and Becoming an Advocate

[22:57] - Impact of AI Workshops on Team Productivity

[27:44] - Introduction to Deep Research

[33:36] - Best Use Cases for AI in FP&A

[37:15] - Implementing AI Training in Finance

[43:04] - Favorite Gen AI Tool

[44:55] - Soft FP&A Skill

How Finance Leaders Use AI to Kill Legacy ERP and Achieve Day Zero Close with John Glasgow

Wed, 02 Jul 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper welcome John Glasgow, founder and CEO of Campfire, a modern AI-native ERP system designed for finance teams. The discussion centers on why traditional ERPs are no longer meeting the needs of growing businesses and how Campfire is offering a new solution built with automation and finance-first design. John shares insights from his career in finance and explains how his own challenges inspired the creation of Campfire.

John is the founder and CEO of Campfire, an ERP platform developed for mid-sized and enterprise finance teams. With prior roles at Adobe and Invoice2Go, where he led strategic finance and corporate development, John has experienced firsthand the limitations of legacy ERP systems. Campfire, backed by Y Combinator and Foundation Capital, is rethinking the general ledger using AI to accelerate financial reporting, reduce manual work, and help finance professionals focus on strategic insights.

In this episode, you will discover:

Why companies are replacing legacy ERPs like NetSuite and what they look for in a modern solution.
What a modern general ledger looks like, and how AI can support, not replace finance teams.
Why finance leaders need systems that enable real-time visibility and decision-making.
How strategic accounting is becoming a core part of modern finance.

John shared his insightful journey from finance leader to founder, making this episode a must-listen for anyone interested in modernizing finance through technology. His experiences in building an AI-native ERP, tackling the challenges of traditional systems, and redefining the role of finance offer valuable lessons for professionals seeking to drive efficiency, accuracy, and strategic value in their organizations.

Follow John:

LinkedIn - https://www.linkedin.com/in/johnglasgow/

Website - https://campfire.ai/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[04:36] - Career Journey & Inspiration

[06:35] - From Finance to Founder

[10:12] - Day-Zero Close & Real-Time Finance

[14:58] - Modern vs. Legacy Ledgers

[19:48] - The Case for a New ERP Tool

[23:14] - Campfire’s AI in Action

[28:20] - Key Differences: FP&A vs. Accounting

[31:17] - How to Humanize Finance

[35:08] - Wrap-Up & Takeaways

CFM Certification Tips for Financial Modelers to Pass Without 100 Hours with Carolina Lago

Tue, 01 Jul 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst and co-host Carolina Lago explore their experiences with financial modeling and the Advanced Financial Modeler (AFM) certification. They discuss the value of these certifications, the challenges of studying for them, and how these programs can improve financial modeling skills. They also provide helpful tips and insights into preparing for the Chartered Financial Modeler (CFM) certification.

Carolina is a financial modeling and FP&A specialist with over 20 years of experience. She holds the Advanced Financial Modeler (AFM) certification from the Financial Modeling Institute (FMI) and is working toward the Elite Certified Financial Modeler (CFM) credential. Carolina is passionate about teaching financial modeling and helping professionals use financial models to make better strategic decisions. Her workshops focus on best practices, scenario analysis, and providing businesses with the tools needed to navigate financial challenges.

Expect to Learn

The definition of a financial model and how to differentiate it from other types of business models.
Tips for studying for the AFM and CFM certifications, including managing time effectively and balancing models as you work.
Carolina’s experience preparing for the AFM and how to build financial models quickly under pressure.
The importance of practice in financial modeling and how to improve speed and efficiency.
The differences between the AFM and CFM certifications and why both are valuable for financial modelers.

Here are a few quotes from the episode:

"Even if I don’t pass the first time, I will have already succeeded by learning new techniques and improving my skills." - Carolina Lago
"You need to be resourceful and think quickly when preparing for the CFM. It’s about adapting to complexity in multiple areas." - Carolina Lago
"A financial model is anything that has inputs, calculations, and outputs, but at the same time answers a business question." - Carolina Lago

Follow Carolina:

LinkedIn - https://www.linkedin.com/in/s-carolinalago?originalSubdomain=ch
Website - carolinalago.com
Course Tactic On-Demand: https://tacticfinancial.com/financial-model-for-you/
newsletter: https://pages.tacticfinancial.com/thetacticalroom

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy
YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[08:03] - What is a Financial Model?

[12:52] - Fun Use of Excel in Personal Life

[17:06] - Learning About FMI

[24:41] - Toughest Area in AFM Preparation

[28:19] - Advice for AFM Exam

[38:07] - CFM Difficulty and Value

[42:36] - Broken Spreadsheet Joke

[44:56] - Wrapping Up the Episode

The Go-To-Market Strategy for FP&A Pros to Drive Growth using Operational Metrics with Rohit Divate

Thu, 26 Jun 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst welcomes Rohit Divate, to discuss the intersection of finance, operations, and the high-growth startup world. They explore how finance leaders can partner with teams to drive growth while maintaining sustainability, the role of AI in finance, and the importance of communication and trust in leadership. The conversation dives deep into the challenges and opportunities faced by finance professionals in high-growth environments and provides actionable insights for those navigating this fast-paced industry.

Rohit is a seasoned finance leader with expertise in high-growth SaaS companies. Having raised over $500 million and driven revenue growth from $20 million to over $500 million, Rohit has a deep passion for improving finance team effectiveness and is especially active in the AI space. He currently serves as the head of operations and finance at Sprig, an all-in-one product experience platform.

Expect to Learn:

How finance can act as a strategic partner to drive company growth, especially in the early stages.
The importance of balancing growth with sustainability in high-growth SaaS companies.
Key metrics and strategies for scaling operations and go-to-market efforts in early-stage startups.
Insights into how AI is changing the landscape of finance and operations.
Tips on building trust and accountability within teams to ensure collaborative success.

Here are a few quotes from the episode:

"You need to build trust with your teams before you can build accountability. It’s not about numbers, it’s about relationships." - Rohit Divate
"AI is going to be a game changer. Right now, we’re still figuring out how to use it in finance, but I’m excited for the day it makes me 10x more productive." - Rohit Divate
"In early-stage companies, you don’t really know what your metrics are yet, but you can always measure improvement." - Rohit Divate

Rohit shares valuable insights, real stories, and practical advice for anyone in finance, particularly those working in high-growth startups. If you’re looking to understand the dynamics of scaling a business, driving sustainable growth, and partnering effectively with teams, this episode is for you. Rohit talks about what’s worked for him, the challenges he’s faced, and the key lessons he’s learned throughout his career, offering actionable takeaways for aspiring finance leaders.

Corporate Finance Institute:

You know the numbers. Now it’s time to own the story.

The new FP&A Professional (FPAP) Certification from CFI is built for finance professionals who want to lead with insight-not just report the data. Enroll by July 1st and get 40% of this new Certification.

Learn more at: https://corporatefinancialinstitute.pxf.io/c/6003589/3067930/23723

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Rohit:

LinkedIn - https://www.linkedin.com/in/divate/

Twitter - https://x.com/rohitdv8

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[03:41] - What’s Great FP&A?

[06:13] - Growth Challenges

[14:26] - Product-Market Fit at Pre-seed

[17:37] - Go-to-Market Strategy for Growth

[27:54] - Building Trust Through Action

[32:02] - Why Rohit Loves Equals

[35:17] - CFO’s Guide to AI Scaling

[46:49] - Biggest Opportunity for FP&A

[50:18] - Fun Questions

How Generative AI Helps FP&A Pros Replace Legacy Systems and Boost Accuracy with Natalia Toronyi

Wed, 25 Jun 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper welcome Natalia Toronyi, a finance executive with nearly 20 years of experience in financial transformation. The conversation delves into Natalia’s impressive journey from navigating life during the collapse of the Soviet Union in Ukraine to leading financial transformations in major global companies. The episode explores how AI is reshaping finance, particularly in the areas of internal audits, treasury, and talent management. Natalia shares insights on the real-world applications of AI in finance, discussing both its potential and challenges.

Natalia Toronyi is a finance executive with nearly two decades of experience leading financial transformations across various sectors, particularly in Fortune 500 global industrial manufacturing companies. Known for her problem-solving mindset and focus on data-driven decision-making, Natalia has led numerous automation and digital transformation projects. Her passion for people-first leadership, integrity, and innovation has made her a trusted leader in the finance space.

Expect to Learn:

How AI is reshaping traditional finance roles, especially in audits and treasury.
Why standardized operating procedures (SOPs) are crucial for successful AI implementation.
How to evaluate AI tools effectively, focusing on scalability, ROI, and integration with existing systems.
The evolving skillsets finance leaders should prioritize in the era of AI.

Natalia brings clarity, depth, and a grounded perspective to the conversation around AI in finance. If you’ve ever felt overwhelmed by the speed of technological change or unsure where to begin with AI integration, this episode offers a refreshing take. Her insights are both practical and empowering, showing that transformation starts with well-defined processes and a people-first mindset.

Follow Natalia:

LinkedIn - https://www.linkedin.com/in/nataliatoronyi/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:59] - Natalia’s Journey

[05:41] - Generative AI Shift

[07:08] - Treasury Insights

[09:57] - Audits with AI

[12:39] - Documenting SOPs

[14:15] - Evaluating Tech

How Finance Professionals Can Grow with Excel, Avoid Automation Traps, and Build a Brand with Jon Acampora

Tue, 24 Jun 2025 05:00:00 -0600

In this episode of Financial Modeler's Corner, host Paul Barnhurst sits down with Jon Acampora to discuss the ever-evolving world of financial modeling, focusing on Excel. Jon shares about the importance of creating user-friendly models and the impact of Excel Esports on financial modeling skills. The conversation covers best practices for building efficient models, lessons from Excel competitions, and how new technologies like Power Query and AI are shaping the future of modeling.

Jon is the founder of Excel Campus, a Microsoft MVP, and an expert in helping Excel users simplify and automate their workflows. With over 600,000 YouTube subscribers, Jon is passionate about making Excel both fun and efficient. He’s also a regular commentator for Excel Esports competitions, where Excel professionals compete to solve complex modeling challenges in real time. Jon’s mission is to help people leverage Excel to boost productivity and creativity, making financial modeling more accessible and enjoyable.

Expect to Learn

The importance of building financial models that are easy for others to understand and use.
Jon's take on the role of Excel Esports in advancing modeling skills and fostering creativity.
How Power Query can save you hours of data processing time in Excel.
Why financial modelers should focus on simplicity and automation rather than over-complicating their models.
Insights into the future of financial modeling with the integration of Python and AI tools.

Here are a few quotes from the episode:

“AI is great at generating code, but it’s the human creativity that still leads the way.” - Jon Acampora
“As an Excel professional, it's important to make models that others can easily work with, even if they don't have the same technical skills you do.” - Jon Acampora
“If you want to be great at Excel, you have to understand that learning never stops. There’s always something new to discover.” - Jon Acampora

Follow Jon:

LinkedIn - https://www.linkedin.com/in/jonacampora/
YouTube - https://www.youtube.com/user/ExcelCampus
Website - https://www.excelcampus.com/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy
YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[03:45] - Horror Story

[08:50] - Defining Financial Models

[11:55] - From Accounting to Excel Business

[18:42] - Competing in Excel Esports

[21:27] - What Jon Enjoys About Announcing

[27:36] - Advice for Aspiring Excel Competitors

[37:43] - Memorable Teaching Moment

[42:43] - Favourite Excel Shortcut

[45:12] - Rapid Fire Section

How To Master FP&A Business Acumen and Communication with John Sanchez

Thu, 19 Jun 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst sits down with John Sanchez, an expert in Financial Planning & Analysis (FP&A) with over 20 years of experience. John, now the managing director of FP&A Group, discusses his journey from accounting to FP&A, the importance of effective communication in finance, and why understanding the business is crucial to delivering great financial analysis. The episode delves into how FP&A professionals can elevate their work beyond spreadsheets by getting involved with business partners and focusing on the bigger picture.

John Sanchez brings over 20 years of experience in FP&A and corporate finance. He has worked with world-class organizations such as Royal Caribbean Cruises and AutoNation, and now trains finance professionals through his consulting firm, FP&A Group. With a background in accounting and M&A, John brings a wealth of knowledge and practical insights to FP&A, including the importance of business acumen and communication skills for financial professionals.

Expect to Learn:

How great FP&A professionals go beyond Excel to understand the business.
The importance of business acumen in making impactful financial decisions.
Why communication, especially listening, is crucial in FP&A.
Insights on John’s career journey from accounting to FP&A.
Practical tips for improving communication and networking in finance.

Here are a few quotes from the episode:

"Great FP&A is about getting out of your chair, away from Excel, and interacting with your business partners to understand how the business really works." - John Sanchez
"Communication is everything in FP&A. If you’re not a good listener, you’re going to miss a lot." - John Sanchez
"If you’re just good at Excel, you’ll always be an Excel monkey. You need to understand the business to truly add value." - John Sanchez

John shares valuable insights, real stories, and practical advice for anyone in FP&A. If you want to level up in finance or just learn from someone who’s been there, this episode is for you. He shares what’s worked, what hasn’t, and the key lessons he’s learned along the way.

Corporate Finance Institute:

Master real-world finance skills with CFI’s FMVA program to learn financial modeling, valuations, and strategic insights top finance teams use. Get 30% off any plan and take the next step in your career. Explore now at https://corporatefinanceinstitute.com/pricing-FP&A guy/?utm_source=FP&A guy&utm_medium=organic&utm_campaign=podcast_ads

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow John:

LinkedIn: https://www.linkedin.com/in/fpajohn/

Website: https://thefpagroup.com/

YouTube: https://www.youtube.com/@FPAFastTrack

Follow Paul:

LinkedIn -https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[04:00] - What is Great FP&A?

[15:13] - From Accounting to M&A

[22:00] - The Power of Communication

[28:14] - Life Keeps Going

[37:57] - Communication in FP&A

[45:57] - Top Technical Skill

[52:38] - Get to know You

[54:32] - Superpower Question

[56:09] - Closing Remarks

AI Strategies for Finance Leaders to Streamline Audits and SOPs Using GenAI with Natalia Toronyi

Wed, 18 Jun 2025 05:00:00 -0600

In this episode, you will discover:

How AI is transforming the finance function, from internal audits to treasury management.
The importance of creating well-defined processes and SOPs as AI continues to integrate into business functions.
How automation and AI tools can optimize working capital, cash flow forecasting, and financial risk management.
The evolving role of talent in the finance industry and how leaders should focus on developing strategic and critical thinking skills.
Key considerations when evaluating AI tools for finance teams, including scalability, security, and ROI.

Natalia’s expertise makes this episode a must-listen for anyone interested in AI and finance. Her insights on AI in audits, treasury, and talent management offer valuable takeaways for both finance professionals and tech enthusiasts, inspiring new ways to approach decision-making and business processes.

Follow Natalia:

LinkedIn - https://www.linkedin.com/in/nataliatoronyi/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[03:27] - Natalia’s Background

[10:09] - Treasury & AI

[13:08] - AI in Audits

[17:07] - Evaluating AI Tools

[24:39] - Talent Development & AI

[28:10] - Future of Finance

[32:41] - Advice to Younger Self

[33:23] - Leadership Across Cultures

[35:02] - Episode Wrap-Up

Excel SIM Method for Finance Students to Master Three Statement Models Fast with Drew Blazsik

Tue, 17 Jun 2025 04:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst sits down with Drew Blazsik to dive into the evolving world of financial modeling in academia. Drew brings a fresh perspective on how students can better grasp complex concepts using structured, interactive learning. The conversation touches on practical teaching methods, the common pitfalls students face, and why blending creativity with structure is key to mastering the three-statement model.

Drew Blazsik is an assistant professor at Adrian College, where he teaches finance and economics. With over a decade of teaching experience at institutions like the University of Toledo and Lourdes University, Drew has a passion for connecting academic finance theory with real-world applications. He is also the creator of the Structured Immediate Method (SIM), an innovative teaching tool designed to help students master financial modeling skills in a dynamic and engaging way. Drew hosts the Faith and Finance Podcast and runs the Logos and Markets YouTube channel, where he explores financial modeling, economic theory, and more.

Expect to Learn

Common mistakes students make in financial modeling and how to avoid them.
How Drew’s Structured Immediate Method (SIM) enhances student learning.
Why learning Python is crucial for modern financial modelers.
The impact of gamification and interactive learning on mastering financial concepts.
Drew's take on the future of financial modeling in the age of AI.

Here are a few quotes from the episode:

“Once you understand how to create a financial model, it all clicks and makes finance come together.” - Drew Blazsik
“AI is awesome for creativity, but it starts with you, the human, being creative.” - Drew Blazsik
“The SIM method helps students get instant feedback, which improves their learning and engagement.” -Drew Blazsik

Follow Drew:

LinkedIn - https://www.linkedin.com/in/drewblazsik/
YouTube - https://www.youtube.com/drewblazsik

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy
YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[04:15] - Student Modeling Mistakes

[09:07] - Defining Financial Models

[12:08] - Teaching Finance vs. Economics

[18:21] - Course Feedback

[36:27] - Unique Excel Model

[39:04] - Excel Shortcuts

[42:44] - Financial Models in Decision Making

[45:40] - Importance of Python

[50:39] - Last Question

The CFI Certification for Finance Professionals to Master Excel and Power Query with Landon & Clarke

Thu, 12 Jun 2025 05:00:00 -0600

In this episode, Paul Barnhurst sits down with Clarke Carter and Landon Cortenbach, two finance professionals who’ve taken different paths into the world of FP&A and both turned to Corporate Finance Institute (CFI) to level up their skills. They discuss why Excel still dominates the finance world, what separates good FP&A from great, and how to pick the right certification to match your career goals. How Clarke used CFI’s FP&A specialization to move from accounting into planning and analysis, and how Landon, a seasoned CFO, turned to CFI’s FMVA program to sharpen his modeling and Excel chops after years in senior roles.

Clarke Carter is a CPA and CMA working as a senior accountant in the healthcare industry. He supports budgeting and planning and has deep experience with Adaptive Insights and Excel modeling. Landon Cortenbach is a veteran CFO and finance executive who has scaled startups and worked with Fortune 50 companies. With a background in accounting, operations, and enterprise tech, Landon’s passion is in financial transformation and continuous learning. He’s a CPA, Six Sigma Green Belt, and a big advocate for real-world financial education.

Expect to Learn:

Why mastering Excel is still foundational in FP&A
The difference between theory and real-world finance training
How Power Query can save you hours every week
What separates effective FP&A teams from the rest
How to choose between certifications like CFA, FMVA, or FPAC

Here are a few quotes from the episode:

"Slow and steady wins. Make time daily to learn, and you’ll be amazed where you end up." - Clarke Carter
"Power BI and Excel together are unstoppable once you know how to use them." - Clarke Carter
"The moment I understood how three-statement models fit together, everything clicked." - Landon Cortenbach

Clarke and Landon bring practical advice, personal stories, and a lot of perspective. If you’re looking to level up in FP&A or just want to hear from two people who’ve learned through doing, this one’s for you. They share what worked, what didn’t, and what they’d tell anyone trying to move forward in finance.

Corporate Finance Institute:

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Landon:

LinkedIn - https://www.linkedin.com/in/landonjcortenbach/

Follow Clarke:

LinkedIn - https://www.linkedin.com/in/clarke-carter-cpa-cma-47392180/

Follow Paul:

LinkedIn -https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[02:18] - Guest Introductions

[06:22] - What Is Great FP&A?

[08:57] - Choosing the CFI Program

[14:20] - Program Impact

[17:19] - Top Skills Learned

[23:42] - Study Advice

[28:07] - Modeling & Excel

[32:16] - Advice about the CFO

[39:13] - Soft Skills for FP&A

[47:17] - Book Recommendation

How Digital Avatars and GenAI Tools Help Strategic Operators Save Time without Losing Trust

Wed, 11 Jun 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper take a deep dive into the latest developments in AI, especially how the technology is transforming the business world, from tools that help with forecasting to the ongoing evolution of AI avatars and agents. They also explore the impact of multimodal models, like OpenAI’s multimodal capabilities and Google's recent advancements. From AI-generated images to automated agents, the discussion reveals how AI is quickly becoming a game-changer across industries, including finance, content creation, and customer service.

In this episode, you will discover:

How multimodal AI models are changing content creation and business operations
The role of AI-generated avatars in training, presentations, and content production
The current limitations of AI agents and how businesses are adopting them
Google’s new video AI tools and their impact on content creation
How AI memory is enhancing personalized digital assistants and business processes

In this episode, Paul and Glenn explored how AI is transforming content creation, business operations, and personal assistance. While AI advancements are exciting, they also highlight the current limitations of AI agents. Stay tuned for more as they continue to dive into AI’s evolving role in finance and beyond..

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:41] - Welcome to The Episode

[05:28] - AI-generated images

[08:33] - Google’s video AI

[13:28] - Multi-step vs. Workflow Agents

[17:53] - Persuasion Through Visuals & AI

[20:32] - AI: Progress or Rebranding

[26:40] - Moore’s Law on Steroids

[29:55] - AI Models for Clients

[39:32] - Closing Thought

The Financial Failures in Startups for Founders to Fix Bad Data and Build Profit with Alyona Mysko

Tue, 10 Jun 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, Alyona Mysko shares her journey from a PwC auditor to a fintech founder creating FuelFinance, a no-code financial planning tool tailored for startups and small businesses. She discusses common financial modeling challenges faced by first-time founders, the complexities of the manufacturing and fashion industries, and the importance of simplifying financial models for better decision-making. Alyona emphasizes the power of effective communication and scenario planning, helping entrepreneurs and modelers make sense of numbers to drive business success.

Alyona Mysko is the Founder and CEO of FuelFinance, a fintech startup delivering no-code financial planning tools designed specifically for startups and small businesses. With a professional background starting as an auditor at PwC, Alyona transitioned into financial analysis and fractional CFO roles before launching her own company. She brings deep expertise in financial modeling and a passion for simplifying complex financial data to empower founders and entrepreneurs.

Expect to Learn

How Alyona’s audit background influenced the creation of a finance platform for startups
Why first-time founders struggle with financial modeling and how second-time founders differ
The complexity behind manufacturing and fashion business models and modeling nuances
The importance of simplified dashboards focusing on key metrics for decision-making
Why communication and storytelling in financial modeling is essential for impact

Here are a few quotes from the episode:

“Finance is just like fuel for a business. If you understand your numbers, you can go fast.” - Alyona Mysko
First-time founders don’t know what they don’t know. Second-time founders know to start with the financial model.” - Alyona Mysko
“Communication is 50% of your success as a financial modeler.” - Alyona Mysko

Follow Alyona :

LinkedIn - https://www.linkedin.com/in/alyona-mysko/
Website - https://fuelfinance.me/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy
YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:31] - The Story Behind FuelFinance

[06:00] - Aylona’s Background

[11:03] - Industry-Specific Modeling Challenges

[18:14] - Cross-Functional Realization

[23:57] - Revenue vs. Cash Flow Realities

[28:14] - Balancing Model Simplicity

[35:11] - Key Career Lesson

[39:41] - Rapid Fire Section

How SaaS CFOs Can Fix FP&A Gaps to Scale Performance and Boost Profitability with Paul Lynch

Thu, 05 Jun 2025 05:00:00 -0600

In this episode, Paul Barnhurst sits down with Paul Lynch, the energetic and straightforward CEO of Centage. They dive into what makes great FP&A in today’s world and why so many companies are still stuck with outdated tools and bad habits. From growing startups to leading mature SaaS businesses, Paul shares lessons learned, mistakes made, and why data, not gut instinct, is what really drives success. You’ll hear why Excel refuses to die, how sales and finance can (and should) work better together, and why chasing growth without understanding your numbers is a recipe for disaster.

Paul Lynch has spent his career leading B2B software companies and helping them scale with better decision-making tools. He’s been CEO at Assembla and Import.io, and now heads up Centage, a modern FP&A platform. Originally from Dublin and now living in Texas, Paul brings a mix of humor, experience, and blunt truths about finance, growth, and leadership. He’s also a former whiskey salesman in South Africa, a passionate cook, and a lifelong Liverpool fan.

Expect to Learn:

Why reporting is not just planning should be the core of FP&A.
How poor unit economics can quietly destroy your business.
Why hiring data people early matters more than sales or recruiters.
The lasting dominance of Excel and what that says about innovation.
How Paul’s early sales career in South Africa shaped his leadership style.

Here are a few quotes from the episode:

“We need to stop worshipping Excel and start building tools for the next 40 years.” - Paul Lynch
Many companies chase growth without even knowing if they’re making or losing money.” - Paul Lynch
“The moment you think you know more than your customer, your business starts to fail.” - Paul Lynch

Paul brings energy, candor, and real-world perspective to a topic that’s often bogged down in spreadsheets and jargon. This episode is a must-listen for finance professionals who want to rethink how they use data, sharpen their business instincts, or learn from someone who’s built and led through both booms and busts. If you’ve ever questioned how to grow responsibly, build a smarter team, or move beyond Excel, Paul’s insights will challenge your thinking and leave you with practical takeaways to act on.

Corporate Finance Institute:

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Paul Lynch:

LinkedIn - https://www.linkedin.com/in/paulglynch/

Website - https://www.centage.com/

Follow Paul:

Website - https://www.theFP&A ndaguy.com

LinkedIn - https://www.linkedin.com/in/theFP&A ndaguy

Earn Your CPE Credit

For CPE credit, please go to earmarkcpe.com, listen to the episode, download the app, answer a few questions, and earn your CPE certification. To earn education credits for the FP&A Certificate, take the quiz on earmark and contact Paul Barnhurst for further details.

In Today’s Episode

[03:37] - Real-Life FP&A Example

[06:28] - Starting in Sales

[09:39] - Customer-Led Roadmaps

[11:53] - FP&A in Sales

[14:18] - Key SaaS Metrics

[16:09] - Ignoring Unit Economics

[18:26] - VC and Growth

[24:13] - Innovation in FP&A

[32:51] - Rise of Data

[35:42] - Key FP&A Skills

[38:27] - Get To Know You

The AI Decision Models for PE-Backed Tech CEOs to Predict Strategic Growth with Kam Star

Wed, 04 Jun 2025 05:00:00 -0600

In this episode of Future Finance, host Paul Barnhurst chats with Kam Star, a strategic product and technology leader with over 25 years of experience in AI, finance, and digital innovation. Kam shares his unique perspective on the evolution of artificial intelligence from early expert systems to today's powerful neural networks and how AI is shaping decision-making in finance and private equity. The discussion discusses the prediction, gamification, motivation, and the future of AI-assisted strategic decisions in business.

Kam Star is a visionary in AI and technology, with a rich background blending computer science, psychology, and architecture. He has led significant business growth initiatives, including scaling Blue Prism’s product portfolio and founding ventures with revenues exceeding £100 million. Kam holds a PhD in Computer Science and Psychology, alongside advanced studies in AI from MIT, Sloan, and LSE. Passionate about emerging tech, Kam currently focuses on predictive analytics to support better decision-making in private equity-backed companies.

In this episode, you will discover:

The history and evolution of AI from rule-based expert systems to modern neural networks.
How gamification and motivation impact team performance and customer engagement.
The role of predictive analytics in supporting strategic business decisions.
Challenges and opportunities in democratizing advanced AI tools for mid-market companies.
Kam’s vision of AI’s future impact on decision-making, creativity, and personalization.

Kam’s expertise and thoughtful insights make this episode a must-listen for anyone interested in the intersection of AI and finance. His stories about the evolution of technology, combined with practical advice on predictive analytics and gamification, offer valuable takeaways. Whether you’re a finance professional or a tech enthusiast, Kam’s vision will inspire you to think differently about how AI can transform decision-making.

Follow Kam:

LinkedIn - https://www.linkedin.com/in/kamstar/?originalSubdomain=uk

Website - kamstar.net

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[05:48] - Childhood programming story

[10:16] - Evolution of AI and expert systems

[13:26] - Gamification’s role in engagement

[19:07] - Predictive analytics focus

[22:25] - Cause and effect in decision making

[30:46] - Generative AI and creativity

[38:22] - Fun rapid-fire: Secret room

[42:48] - Ambitious bucket list goal

[43:32] - Closing thoughts and thanks

How To Simplify Complex Financial Models And Save Time with Scott Powell

Tue, 03 Jun 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst sits down with Scott Powell, co-founder and board member of the Corporate Finance Institute (CFI), to discuss the principles and pitfalls of financial modeling. The conversation centers around how overcomplication, legacy models, and misused functions can undermine even the most polished models, and how thoughtful planning, stakeholder consideration, and service-oriented teaching can significantly enhance modeling effectiveness.

Scott Powell brings over 25 years of global experience in corporate finance education and financial modeling. He is a founding member of the Corporate Finance Institute, where he has led the creation of impactful learning tools and courses. Based in Vancouver, Canada, Scott has worked with major financial institutions worldwide and is deeply passionate about practical finance education and the power of financial literacy to transform lives.

Expect to Learn:

Why financial models often fail and how to avoid those pitfalls.
The importance of balancing technical precision with stakeholder usability.
How teaching and empathy enhance modeling skills.
Key Excel techniques and when to avoid overengineering.
Scott’s insights into using AI and advanced Excel tools to stay current.

Here are a few quotes from the episode:

"Every time you're in Excel, try to learn just one new thing. In a year, you're going to have learned a ton." - Scott Powell
"If you open your model three days later and can’t understand what you did, then you made it too complex." - Scott Powell
"Don’t start building your model until you understand the end goal and the user’s needs." - Scott Powell

Scott’s thoughtful and service-driven approach makes this episode a must-listen for anyone in the world of financial modeling. His real-world stories, practical Excel strategies, and emphasis on simplicity offer powerful insights. Whether you’re building your first model or refining your 100th, Scott’s advice will help you level up. A valuable guide for modelers who want to build with purpose and clarity.

Follow Scott :

LinkedIn - https://www.linkedin.com/in/scott-powell-cpa-fca-fmva-84baa71/overlay/photo/
Website - corporatefinanceinstitute.com
Company - learningstrategiesgroup.com

Follow Paul:

Website - https://www.theFP&A ndaguy.com  
LinkedIn - https://www.linkedin.com/in/theFP&A ndaguy 
YouTube - https://www.youtube.com/@theFP&A ndaguy

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:14] - Welcome and Guest Intro

[03:00] - Model Horror Story

[10:09] - Founding CFI

[14:13] - Memorable Teaching Moments

[16:30] - Starting a Model

[21:28] - Technical vs. Soft Skills

[24:20] - Advice for Trainers

[30:23] - Keeping Up with Excel

[39:44] - Fun with Excel

[41:18] - Rapid Fire Round

[47:21] - Final Thoughts and Wrap-Up

The FP&A Fix for Finance Leaders to Solve Data Trust Issues using Empathy and Strategy with Ramya

Thu, 29 May 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst sits down with Ramya Krishnaganth, founder of Yuvi Consulting and a leader in finance transformation. Ramya brings a thoughtful and practical perspective on how FP&A goes far beyond numbers; it's about understanding the business, working across departments, and making real-world decisions easier. She shares stories from her work helping companies solve messy data problems, improve cost control, and build stronger financial processes.

Ramya Krishnaganth is an experienced advisor with a background in cost accounting, financial planning, and enterprise transformations. She holds an executive MBA from Wharton and has helped companies across industries build smarter, more responsive finance functions. Her passion is making data more meaningful and empowering teams to work better together not just through systems, but through clarity, communication, and care.

Expect to Learn:

Why great FP&A is about being the “nervous system” of a company, not just reporting numbers.
How a CFO used one simple metric to drive company-wide cost discipline.
Why fixing data issues means looking beyond tech and starting with people and processes.
How to build credibility in finance by solving one problem at a time.
What it means to approach data with empathy and why it changes how you solve problems.

Here are a few quotes from the episode:

“You don’t always need a new system. Sometimes clarity and better definitions solve the problem.” - Ramya Krishnaganth
“Credibility comes when you give people answers they can use, when they need them.” - Ramya Krishnaganth
“Transformations aren’t about technology alone. They’re about making real decisions easier.” - Ramya Krishnaganth

Ramya brings warmth and wisdom to a topic that often feels technical and dry. This episode is a great listen for finance professionals looking to strengthen their influence, better understand how to approach messy data, or simply hear how someone else has helped real companies tackle hard problems. If you’ve ever felt overwhelmed by data or unsure where to start, Ramya’s insights will give you both a fresh perspective and practical next steps.

Corporate Finance Institute:

Master real-world finance skills with CFI’s FMVA program to learn financial modeling, valuations, and strategic insights top finance teams use. Get 30% off any plan and take the next step in your career. Explore now at https://corporatefinanceinstitute.com/pricing-fpaguy/?utm_source=fpaguy&utm_medium=organic&utm_campaign=podcast_ads

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Ramya:

LinkedIn - https://www.linkedin.com/in/ramyadurgak/

Website - https://uvidconsulting.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

In Today’s Episode

[01:51] - Welcome to The Episode

[05:16] - A CFO’s Smart Cost-Control Strategy

[08:55] - Why Financial Transformation Matters

[13:05] - Why Companies Struggle With Data

[14:32] - Root Causes: People, Process, or Tech

[19:25] - Smart Approaches to Fixing Data

[24:29] - Empathy and Data: What It Really Means

[27:41] - Finding and Solving the Right Problems

[32:48] - Practical Advice for Analysts

[38:42] - Must-Have Skills for FP&A

[43:04] - Ramya’s Personal Interests

[49:01] - Final Thoughts and How to Connect

The Excel Copilot Features Finance Pros Need To Boost Productivity using AI with David Fortin

Wed, 28 May 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper sit down with David Fortin CPA, Microsoft MVP, and the creative mind behind the Piggybank Accountant YouTube channel. They get into the real deal behind Microsoft Copilot: what it actually does well, where it’s still rough around the edges, and how it’s starting to make a difference for people working in Excel every day. David shares how he got recognized by Microsoft, what it’s been like behind the scenes, and why he’s focused on teaching finance pros to use these tools without losing sight of the basics.

David Fortin brings a mix of startup experience, accounting know-how, and a ton of enthusiasm to the conversation. After helping raise $30 million and navigating a successful exit at a SaaS company, he turned his attention to content creation-making Excel and Copilot more approachable through online courses and quick-hit tutorials. He’s passionate about helping people understand tools that can save time and make their jobs a little easier, especially in finance.

Expect to Learn:

What it’s like becoming a Microsoft MVP and how David ended up on their radar.
The strengths and limits of Copilot in Excel today especially for those new to the tool.
Why features like “clean data” and basic Python functionality can be surprisingly useful.
How to avoid being overwhelmed by buzzwords and just focus on what works.
The value of starting small, staying curious, and being honest about what tech can (and can’t) do.

David brings clarity, honesty, and a little humor to the conversation around Excel, Copilot, and where these tools are headed. If you’ve ever felt overwhelmed trying to keep up with the latest features, this episode will help you see how to use what’s already available without needing to be an expert. It’s a conversation that feels more like advice from a savvy colleague than a tech demo.

Follow David:

LinkedIn - https://www.linkedin.com/in/david-fortin-cpa-816b20b5/

Website - https://courses.davidpba.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:11] - Introduction of guest

[03:05] - How He Became a Microsoft MVP

[06:00] - What Copilot Does Well Right Now

[09:46] - “Clean Data” and Smarter Tools in Excel

[10:44] - Using Python Without Being a Coder

[13:03] - What the Future Could Look Like

[14:11] - Cutting Through the AI Hype

[17:21] - Final Thoughts & Wrap-Up

How Financial Modeling Errors in Real Estate and Biotech Cost Analysts Millions with Narek Grigorian

Tue, 27 May 2025 05:00:00 -0600

In this episode of Financial Modeler's Corner, host Paul Barnhurst talks with Narek Grigorian, a seasoned financial modeler and investment professional with deep experience across real estate, energy, and biotech sectors. Narek shares candid stories about the worst financial model he ever worked on, one that looked polished but was fundamentally flawed, missing key components like taxes, depreciation, and tenant turnover. He explains how these mistakes can mislead decision-makers and why it’s critical to understand not just the numbers but also the assumptions behind them.

Narek Grigorian currently works at US Capital Global, a global investment banking firm focused on real estate and energy projects, particularly in the lower to middle market space. He holds degrees from Georgetown University and the University of Maryland and brings a passion for financial modeling, innovation, and teaching. Narek believes that while all models are inherently imperfect, they still provide valuable guidance, if built with thoughtful assumptions and continual refinement.

Expect to Learn:

Why can you never fully trust a model just because it looks polished.
The critical real estate assumptions that are often overlooked, like tenant turnover and escalating costs.
How to approach energy modeling with real-time data inputs and complex variables.
Why biotech models are uniquely challenging due to regulatory and clinical uncertainties.
Tips and shortcuts Narek uses in Excel to make modeling faster and more reliable.

Here are a few quotes from the episode:

““The toughest part is you have the wardrobe of clothes but have to create the person.” - Narek Grigorian
“Power Query and Power BI are essential tools for modern financial modelers.” - Narek Grigorian
“Vacancy rates and market growth assumptions are the most common pitfalls in real estate models.” - Narek Grigorian

Narek’s practical and approachable style makes this episode valuable for anyone involved in financial modeling whether you’re just starting out or have years of experience. His clear advice on key assumptions, Excel techniques, and industry-specific challenges offers useful takeaways to help you create more accurate and effective models.

Follow Narek :

LinkedIn - https://www.linkedin.com/in/narek-grigorian-8869a7254/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:12] - Welcome To The Episode

[06:00] - About Narek and US Capital Global

[08:25] - Market Outlook: Inflation, Tariffs, and Stagflation

[10:33] - Narek’s Journey from Armenia to the US

[14:49] - Favorite Industry to Model: Energy

[17:42] - Real Estate Modeling Insights

[25:34] - Common Mistakes in Real Estate Models

[27:19] - Biopharma and Modeling Challenges

[31:42] - Excel Shortcuts and Tools

[38:22] - Power Query, Power BI, and Future of Excel

[44:18] - How to Connect with Narek and Closing

Strategic Finance Insights for FP&A Executives to Drive Growth in PE-Backed Companies with Nate Saperia

Thu, 22 May 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst sits down with Nate Saperia, a seasoned finance professional and founder of his own consulting firm, to explore what great FP&A truly looks like, especially in private equity-backed companies. Nate draws from over 20 years of experience in consulting, corporate finance, and strategic roles, sharing practical insights on how to make KPIs measurable and actionable, the blurred lines between strategic finance and FP&A, and what working in fast-paced PE environments really entails. He also talks about the skills FP&A professionals need today, from mastering Power Query to building effective business partnerships that drive real impact.

Nate Saperia is a finance veteran with a background spanning economic consulting, corporate finance at companies like GE and Hess, and advising private equity-backed firms on financial planning and analysis. Recently, Nate launched his own consulting firm, focusing on helping businesses navigate strategic finance challenges and achieve smarter growth. Known for his clear and pragmatic approach, Nate is passionate about helping FP&A professionals elevate their role beyond reporting into true business partnering.

Expect to Learn:

Why truly great FP&A means understanding the business and enabling better decision-making.
How to break down high-level financial goals into clear, measurable, and actionable KPIs.
The nuanced difference between traditional FP&A and strategic finance roles.
What it’s like working in private equity-backed companies, including the heavy reporting demands and rapid pace.
The top technical and interpersonal skills FP&A professionals should prioritize now.

Here are a few quotes from the episode:

“If we had truly clean data, FP&A would be more exciting because we’d spend more time on analysis, less on manual work.” - Nate Saperia
“Business partnering is about empathy and understanding others’ perspectives, not assuming you have all the answers.” - Nate Saperia
“Power Query is the single most important technical skill for FP&A professionals today it solves most data cleansing headaches.” - Nate Saperia

Nate delivers a thoughtful and practical perspective on the evolving role of FP&A, especially within private equity-backed companies. He highlights the importance of building actionable KPIs, mastering essential technical skills like Power Query, and developing genuine business partnerships grounded in empathy and understanding. This episode is a must-listen for finance professionals aiming to elevate their strategic impact and navigate the fast-paced demands of PE environments.

Corporate Finance Institute:

Master real-world finance skills with CFI’s FMVA program to learn financial modeling, valuations, and strategic insights top finance teams use. Get 30% off any plan and take the next step in your career. Explore now at https://corporatefinanceinstitute.com/pricing-fpaguy/?utm_source=fpaguy&utm_medium=organic&utm_campaign=podcast_ads

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Nate:

LinkedIn - https://www.linkedin.com/in/nathansaperia/

Website - accordion.com/team/nate-saperia

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

In Today’s Episode

[01:11] - Introduction to the Episode

[03:07] - What Makes Great FP&A?

[05:08] - Nate’s Career Journey

[07:25] - The Role of EBITDA in Private Equity

[11:12] - Defining and Using KPIs Effectively

[17:42] - Building a Metrics Matrix

[20:34] - Strategic Finance vs FP&A

[28:41] - Life in a Private Equity-Backed Company

[35:17] - Reporting Expectations in PE

[41:47] - Power Query and Business Partnering

[46:05] - Nate Personal Insights

[48:45] - Final Advice for FP&A Professionals

Excel Automations to Save Hours with Microsoft Copilot & Python the easy way with David Fortin

Wed, 21 May 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper sit down with David Fortin, CPA, YouTuber, and 2024 Microsoft MVP, to explore the real-world evolution of Excel, Microsoft Copilot, and how AI is changing the finance landscape. With his signature humor and down-to-earth style, David shares how he transitioned from SaaS finance to teaching Excel online, and why he believes learning should be both practical and fun.

David is the creator behind Piggybank Accountant, a fast-growing YouTube channel that teaches Excel and Copilot to accountants and finance professionals. Before diving into content creation full-time, David helped raise $30 million for a SaaS startup and supported its successful exit. Today, he’s known for making even the most technical topics feel approachable. Whether he’s talking about conditional formatting or Python in Excel, David’s mission is simple: help people learn skills that matter in the most engaging way possible.

In this episode, you will discover:

What it means to be a Microsoft MVP and how it’s opened doors in David’s career.
Why Copilot is ideal for Excel beginners and how it’s starting to serve power users too.
How finance professionals can actually use Copilot today to save time and improve workflows.
Where Copilot shines, where it falls short, and what to expect next.
Why David walked away from a corporate role to pursue content full time.

David brings fresh energy to conversations around Excel, Copilot, and how technology is changing the way finance professionals work. This episode is perfect for anyone curious about Copilot, looking to up their Excel game, or wondering how to bring creativity into finance. David proves that learning can be entertaining, and still incredibly useful.

Follow David:

LinkedIn - https://www.linkedin.com/in/david-fortin-cpa-816b20b5/

Website - https://courses.davidpba.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:07] - Welcome & Introduction

[02:04] - Meet David: From CPA to Microsoft MVP

[05:00] - What the MVP Journey Has Been Like

[08:08] - Copilot in Excel: Where It Is Now

[12:33] - New Features and Real Use Cases

[17:33] - Sorting Through the AI Hype

[21:03] - Using Copilot as a Finance Pro

[25:40] - Time-Saving Examples from the Field

[29:06] - Thoughts on Prompting and Productivity

[36:06] - Excel Meets World of Warcraft

[43:12] - Leaving the 9-5 for YouTube

[49:00] - Wrap-Up & Final Thoughts

A Finance Horror Story: The Currency Conversion Catastrophe with Lauren Pearl

Tue, 20 May 2025 05:00:00 -0600

In this special episode of Financial Modeler's Corner, host Paul Barnhurst is joined by CFO and startup finance educator Lauren Pearl for a storytelling session that’s equal parts funny and terrifying. They walk through “The Currency Catastrophe,” a true finance horror story about a global company, a junior analyst, and a massive mistake involving currency conversions. As the story unfolds, Paul and Lauren react, unpack what went wrong, and share their own war stories from years working in finance.

Lauren Pearl is a CFO, startup advisor, and finance educator who specializes in helping early-stage companies build strong financial foundations. With a career that spans startups, venture-backed firms, and a stint in top-tier management consulting, Lauren brings a unique blend of strategic thinking and practical execution. She's also known for her hands-on approach to teaching financial modeling and startup finance through courses, content, and mentorship.

Expect to Learn:

What happens when you skip currency conversion in a global revenue allocation.
Why getting the basics right is just as important as the big strategy.
How one mistake can ripple across budgets, teams, and trust.
The value of transparency and ownership is when something goes wrong.
Why it’s crucial to put checks in your models, especially when currencies are involved.

Here are a few quotes from the episode:

“The finance department was such a dumpster fire, it created cloud cover for the mistake.” - Lauren Pearl
“Modelers: always put currency checks in your spreadsheets. This stuff happens more than you think.” - Paul Barnhurst
“Apologize and overcorrect. That’s the CFO playbook when you make a mistake.” - Lauren Pearl

Lauren and Paul share a story every finance professional can relate to, a small mistake that snowballs into something much bigger. Whether you’re new to finance or have been around the block, this episode is a reminder of why fundamentals matter and how a little humor can help you get through even the most stressful moments. If you've ever cringed at your own spreadsheet or scrambled to fix a report before a meeting, you'll feel right at home.

Follow Lauren :

LinkedIn - https://www.linkedin.com/in/laurenepearl/
Website - https://www.laurenpearlconsulting.com/link-list

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[00:00] - Trailer

[01:43] - Welcome & Intro to the Horror Story

[03:01] - Meet Lauren Pearl

[06:07] - The Story of the Currency Catastrophe

[09:54] - When Meetings Could Just Be Emails

[13:52] - Accounting Chaos and Rising Tension

[16:59] - The Currency Blunder Uncovered

[20:00] - Why the Mistake Mattered So Much

[24:33] - Quiet Fixes and Avoiding Fallout

[27:34] - Paul’s Own Finance Mishap

[30:13] - Lauren’s Pricing Error

[34:19] - Final Lessons for Modelers

[35:07] - Closing Thoughts

The Influence Skills for FP&A Pros to Build Boardroom Trust Without the CFO Title with Wassia Kamon

Thu, 15 May 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst chats with Wassia Kamon, the Chief Financial Officer at Access to Capital for Entrepreneurs (ACE), about her journey from financial planning and analysis (FP&A) to leading as a CFO. Wassia opens up about the challenges, surprises, and growth she's experienced, particularly in learning to navigate the boardroom and building strategic influence within her organization. Along the way, she shares valuable insights into leadership, trust-building, and why it's essential for finance professionals to expand beyond the numbers.

Wassia Kamon is a finance powerhouse with over 15 years of experience across various industries, including manufacturing, technology, pharmaceuticals, and nonprofits. As CFO at ACE, a nonprofit lending institution, she plays a key role in providing capital to entrepreneurs. Wassia has also been recognized as a 40 Under 40 honoree by CPA Practice Advisor and is the host of the podcast The Diary of a CFO. She's passionate about helping high-potential finance leaders step into executive roles and shares her expertise through coaching, speaking engagements, and teaching at the Wharton Online Certificate Program.

Expect to Learn:

How Wassia transitioned from FP&A to CFO and the unexpected challenges she faced along the way.
The power of trust and relationships in becoming a key business partner, not just a number cruncher.
Why being invited into decision-making conversations early is a game changer for finance teams.
What it was really like dealing with the board of directors for the first time as a CFO.
How to expand your influence and take a broader view of business to become a true strategic partner.

Here are a few quotes from the episode:

“In FP&A, it's important to build those relationships early and not just be the person catching up after decisions are made.” - Wassia Kamon
“You can’t be great at FP&A unless you are in the room where decisions are made. It’s about having the trust to influence, not just report.” - Wassia Kamon
“Good FP&A is when you're already top of mind to decision makers, and they come to you for input, not the other way around.” - Wassia Kamon

Wassia delivers a powerful perspective on the role of financial leaders and the critical need for stronger relationships, trust-building, and strategic influence in today’s business environment. This episode is essential listening for finance professionals, aspiring CFOs, and business leaders looking to enhance their impact, improve decision-making, and build stronger, more collaborative teams.

Corporate Finance Institute:

Master real-world finance skills with CFI’s FMVA program to learn financial modeling, valuations, and strategic insights top finance teams use. Get 30% off any plan and take the next step in your career. Explore now at https://corporatefinanceinstitute.com/pricing-fpaguy/?utm_source=fpaguy&utm_medium=organic&utm_campaign=podcast_ads

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Wassia:

LinkedIn - https://www.linkedin.com/in/wassiakamon/

Website - https://www.wassiakamon.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

2025 FP&A Tools Showcase:

Discover the best in FP&A without the sales pressure. The 2025 FP&A Tools Showcase is a free event where top platforms demo their solutions, share their approach to planning, and answer your questions with no pitches, just insights. Join us on May 22nd and see how today’s leading tools stack up.

Earn Your CPE Credit

In Today’s Episode

[01:42] - Welcome and Introduction

[03:29] - Wassia’s Journey from FP&A to CFO

[05:02] - What Makes Great FP&A?

[07:13] - Dealing with the Board for the First Time

[09:45] - Building Trust and Strategic Influence in Finance

[13:20] - Leading in Multiple Industries

[17:05] - Expanding Your Network and Influence

[21:14] - Managing Uncertainty as a CFO

[25:32] - Leadership Lessons from Wassia’s Career

[29:00] - Building Effective Relationships in Business

[33:47] - Key Takeaways

How Finance Teams Can Automate Internal Controls and Stop Data Errors with AI – Ahikam Kaufman

Wed, 14 May 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst (aka The FP&A Guy) and Glenn Hopper welcome Ahikam Kaufman, veteran finance leader and co-founder of Safe AI, the world’s first platform for financial data governance. Ahikam shares how his experience at companies like Intuit led him to build a solution that replaces manual processes with smarter, more reliable financial oversight. He explains how Safe AI connects data across systems like ERP and CRM to catch issues early and automate routine checks. The conversation explores how finance teams can move faster, stay compliant, and trust their data.

Ahikam Kaufman is the co-founder and CEO of Safe AI, a platform built to monitor and govern financial data across systems like ERP, CRM, and payroll. With over 20 years of experience in corporate finance and entrepreneurship, he’s seen both the promise and pitfalls of financial operations. From M&A and compliance challenges to launching B2C fintech ventures, Ahikam’s career shaped his vision for making financial data easier to manage, review, and trust. At Safe AI, he helps companies replace manual work with smart oversight so teams can close the books faster, avoid errors, and stay ahead of compliance.

In this episode, you will discover:

What inspired Ahikam to move from finance leadership into founding Safe AI
Why traditional finance teams struggle to govern their own data across systems
How Safe AI helps companies spot errors, detect fraud, and stay ahead of compliance
The real-world challenges of financial close and how to fix them before they snowball
How finance teams can embrace innovation without giving up control

Ahikam Kaufman gave us an inside look at how finance teams can take control of their data and move beyond the manual processes that slow them down. From automating reconciliations to catching issues before close, he showed how Safe AI helps finance professionals work smarter and stay compliant without the last-minute scramble. This episode is a great reminder that true financial leadership isn’t just about tracking numbers-it’s about building systems that support accuracy, trust, and long-term growth.

Follow Ahikam :

LinkedIn - https://www.linkedin.com/in/ahikam-kaufman-688310/

Website - https://safebooks.ai/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:00] - Welcome to the Episode

[00:24] - SXSW and Startup Energy

[01:00] - Transitioning from Corporate to Startup

[03:25] - Replacing Manual Financial Controls

[05:09] - AI-Powered Financial Graphs at SafeBooks

[08:33] - Ensuring Compliance with SafeBooks

[14:14] - AI’s Impact on CFOs

[16:51] - AI-Powered Priority Alerting

Why Most Financial Models Fail for FP&A Pros to Build Business-Aligned Models with Maria Zlobina

Tue, 13 May 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst welcomes Maria Zlobina, a finance professional with over a decade of experience in Big Four audit, FP&A, and business partnering roles across the US, Australia, and Russia. The conversation explores the importance of understanding the purpose behind financial models, the challenges of inheriting others’ models, and the value of continual learning in finance. Maria also shares insights into the Advanced Financial Modeler certification, her passion for efficiency, and her experience navigating the world of financial modeling.

Maria, who has a rich background in financial modeling, discusses her journey in the finance industry, her love for continuous learning, and her adventures living in different countries. She offers practical advice for modelers and professionals, including tips on making financial models dynamic, understanding the business context, and utilizing the right tools like Power BI and XLOOKUP. Maria also touches on her passion for languages and learning, sharing how her diverse experiences contribute to her success as a financial modeler.

Expect to Learn:

Why financial models are critical for decision-making and how to avoid common pitfalls
The importance of understanding the context and objectives behind a model
Tips for inheriting and improving existing financial models
The benefits of continuous learning, both professionally and personally
Insights on dynamic financial models and best practices for forecasting

Here are a few quotes from the episode:

"The magic of financial modeling isn’t in the model itself, but in how it helps guide decisions." - Maria Zlobina
"It’s not about creating the perfect model, but the model that gives the best insight for decision-makers." - Maria Zlobina
"The best financial models don’t just answer one question; they provide a range of answers." - Maria Zlobina

In this insightful episode, Maria Zlobina emphasizes the importance of dynamic financial models and understanding the business context behind them. She highlights the value of continuous learning and staying curious to improve as a financial modeler. With practical advice on overcoming challenges in modeling and working with stakeholders, Maria reminds us that great models support better decision-making.

Follow Maria :

LinkedIn - https://www.linkedin.com/in/maria-zlobina-afm-4642576b/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpandaguy

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:13] - Introduction to the Episode

[03:52] - Worst Financial Model

[06:37] - The value of continuous learning

[10:24] - That One Defining Moment

[13:09] - From Curiosity to Certification

[17:49] - Starting with the Goal in Modeling

[25:17] - Transparency in Modeling

[31:07] - XLOOKUP Time Saver

[34:24] - Rapid-fire questions

[38:16] - AI and Tools in Modeling

[43:56] - Final thoughts on modeling

How Finance Teams Can Eliminate Data Errors and Automate Accounting with AI Parker Gilbert

Thu, 08 May 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst sits down with Parker Gilbert, CEO and Co-founder of Numeric, to explore the transformation of accounting through smarter tools and processes. From his background in investment banking to leading finance at a startup, Parker shares the inspiration behind Numeric, a platform built specifically to simplify the financial close. Why the financial close is still so manual, how poor tooling can hinder team performance, and what it takes to modernize accounting. Parker discusses the pain points accounting teams face with existing software and explains why Numeric was designed to meet the real-world needs of growing finance teams.

Parker Gilbert is the CEO and Co-founder of Numeric, a financial close platform designed to make accounting teams faster, more accurate, and more collaborative. With a background in investment banking and hands-on experience as Head of Finance at Hearth, Parker understands both the strategic and operational challenges finance teams face. Frustrated by the limitations of traditional accounting tools, Parker set out to build Numeric, software purpose-built to simplify and streamline the month-end close.

Expect to Learn:

Why Parker and his team started Numeric to solve overlooked pain points in accounting.
How traditional tools like Excel and legacy ERP systems are failing modern accounting teams.
What it means to build software specifically for the financial close process.
Why visibility and collaboration are essential in reducing close errors.
How Numeric empowers teams to understand what’s been done, what’s left, and where issues arise.

Here are a few quotes from the episode:

“The close is this sort of well-understood pain point in accounting, but there's no purpose-built software that helps solve it.” - Parker Gilbert
“We believe the best way to build software is to partner really closely with customers.” - Parker Gilbert
“Accounting is really about trust, it’s about giving your team the confidence that everything is covered.” - Parker Gilbert

Parker delivers a powerful perspective on the role of accounting teams and the urgent need for smarter, more intuitive tools. This episode is essential listening for finance professionals, controllers, and startup leaders looking to improve their close process, enhance accuracy, and make better business decisions. If you’re tired of copy-pasting across spreadsheets and guessing what’s done, this conversation will inspire you to rethink your accounting stack.

Corporate Finance Institute:

Master real-world finance skills with CFI’s FMVA program to learn financial modeling, valuations, and strategic insights top finance teams use. Get 30% off any plan and take the next step in your career. Explore now at https://corporatefinanceinstitute.com/pricing-fpaguy/?utm_source=fpaguy&utm_medium=organic&utm_campaign=podcast_ads

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Parker:

LinkedIn - https://www.linkedin.com/in/parker-gilbert-99483298/

Website - https://www.numeric.io/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

2025 FP&A Tools Showcase:

Earn Your CPE Credit

In Today’s Episode

[01:42] - Introduction to the Episode

[03:29] - What Makes Great FP&A?

[05:02] - The Importance of Pricing Strategy

[08:45] - Global Trends in Pricing

[10:26] - Coaching Rugby at Duke

[12:17] - Adapting to Economic Shifts

[15:20] - Challenges in Today’s Market

[21:14] - Winning Big-Name Clients

[24:32] - Unexpected Surprises in Finance

[27:13] - Transparency in Pricing

[32:31] - Why Finance & Ops Often Go Together

[36:17] - Why FP&A Must Understand the Business

[42:44] - Parker’s Time Travel Wish

How AI Could Have Saved Macy's $150M and Prevented Financial Disasters – Ahikam Kaufman

Wed, 07 May 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst (aka The FP&A Guy) and Glenn Hopper welcome Ahikam Kaufman, Co-Founder and CEO of Safebooks AI. They dig into what it really takes to run finance at a fast-growing global company. From building systems that can handle international payroll to staying on top of ever-changing rules and regulations, Ahikam shares a behind-the-scenes look at how finance can be a key driver of growth, not just a support function.

Ahikam Kaufman is the Co-Founder and CEO of Safebooks AI, a platform focused on ensuring the integrity and accuracy of financial data for organizations. With a strong track record in leadership roles across finance and technology, Ahikam brings deep insight into the challenges companies face in managing financial data at scale. Prior to Safebooks AI, he held key positions in companies like Buildup and ScanModul, giving him a well-rounded view of both startup growth and enterprise needs.

In this episode, you will discover:

Why paying people in different countries is way more complicated than it sounds
How finance teams can shape a company’s strategy-not just track expenses
What makes Papaya Global stand out in the crowded HR and payroll space
How to deal with the endless maze of international tax and labor laws
Advice for finance pros who want to grow their careers in a changing world

Ahikam Kaufman shared practical insights on how messy and unreliable financial data can hinder companies and what it really takes to fix that. Drawing from his experience as Co-Founder and CEO of Safebooks AI, he offered a grounded view on why visibility, structure, and accountability in financial operations are crucial for any organization. He emphasized that success starts with clean data and clear systems, not just better dashboards. At the heart of it all: discipline, attention to detail, and building tools that make finance teams stronger.

Follow Ahikam:

LinkedIn - https://www.linkedin.com/in/ahikam-kaufman-688310/

Website - https://safebooks.ai/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:53] - Welcome to the episode

[02:19] - SXSW and Startup Energy

[02:53] - Transitioning from Corporate to Startup

[03:46] - The Importance of a Strong Foundation

[05:40] - Replacing Manual Financial Controls

[08:03] - AI-Powered Financial Graphs at SafeBooks

[17:10] - Ensuring Compliance with SafeBooks

[22:49] - AI’s Impact on CFOs

[26:57] - AI-Powered Priority Alerting

[32:26] - Fintech’s Biggest Problem

How FMI and Ian Schnoor Are Helping Financial Professionals Build Better Models Around the Globe

Tue, 06 May 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst welcomes Ian Schnoor, Executive Director of the Financial Modeling Institute. The conversation focuses on the growing role of financial modeling in uncertain markets, the expanding reach of FMI, and the importance of structure, clarity, and accreditation in building better business decisions. Ian shares practical insights from his global work, recent collaborations, and lessons from building multiple businesses.

Ian Schnoor is the Executive Director of the Financial Modeling Institute (FMI), the only organization offering globally recognized financial modeling accreditation. He founded The Marquee Group, which was acquired by Training the Street in 2023. Ian has trained thousands of professionals in modeling, valuation, and Excel. He teaches at Queen’s University, holds a CFA charter, and began his career in investment banking with Citigroup and BMO. He’s focused on raising the standard of modeling across the world through education and certification.

Expect to Learn:

Why financial modeling is essential during market volatility
How FMI is earning global recognition from top firms
The impact of adding financial modeling to the CFA program
Insights from FMI’s expansion into China and India
Three principles for building a successful business
A creative use of Excel to solve a real-world inventory challenge

Here are a few quotes from the episode:

“A good model helps you ask the right ‘what if’ questions, not deliver perfect answers.” - Ian Schnoor
“The true purpose of a model is to give decision-makers confidence in uncertain times.” - Ian Schnoor
“Getting the AFM means you’ve shown up, done the work, and proved your skills under pressure.” - Ian Schnoor

Ian Schnoor shared powerful insights on the role of modeling in today’s uncertain world.

He emphasized clarity, structure, and the value of accreditation in building trust and better decisions. His global work is helping elevate modeling into a true professional discipline.

A strong reminder that great models lead to great leadership.

Follow Ian Schnoor:

LinkedIn - https://www.linkedin.com/in/ianschnoor/?originalSubdomain=ca

Website - https://fminstitute.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy 

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 

Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:27] - Welcome back to the Episode

[04:04] - Financial modeling during market volatility

[08:01] - Updates from FMI and its global growth

[11:47] - Accreditation and why it matters

[16:41] - Partnerships in China and India

[22:02] - Excel World Cup and the global community

[24:22] - CFA Institute collaboration

[28:23] - Global expansion stories

[32:34] - Three principles for business success

[37:23] - Real-life Excel project: Baby blanket logistics

[42:48] - Rapid-fire: tools and trends in modeling

[47:37] - Final advice for modelers

How FP&A Pros Can Fix Poor Executive Communication Using a 5-Step Framework with Anders Liu-Lindberg

Thu, 01 May 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst (aka The FP&A Guy) welcomes Anders Liu-Lindberg, a leading expert in business partnering and finance communication. Anders discusses how finance teams can elevate their role from traditional number crunchers to strategic partners within the business. He shares his insights on the importance of effective communication in finance, the value of business partnering, and how FP&A professionals can make a greater impact within their organizations.

Anders is the co-founder and partner at the Business Partnering Institute, where he helps finance teams transform into strategic business partners. With over 10 years of experience as a business partner at Maersk, Anders has firsthand knowledge of what it takes to create value through finance. He is the co-author of Create Value as a Finance Business Partner and is about to release his new book, Communicating Financials to Executives. He is also a top LinkedIn voice with over 400,000 followers, where he shares valuable content for finance professionals looking to grow their careers and impact.

Expect to Learn:

How FP&A can go from just reporting numbers to playing a strategic role in the company.
The best way to present financial insights so executives can act on them.
Why synthesizing data is important for decision-making, and how it's different from just summarizing it.
Practical steps to improve communication between finance teams and business leaders.
How to build strong relationships with stakeholders, even when they’re hesitant to work with finance.

Here are a few quotes from the episode:

"Business partnering isn’t about pushing your thoughts on the business; it’s about bringing them along." - Anders Liu-Lindberg
"The true value of FP&A comes from helping the business translate strategy into actionable plans." - Anders Liu-Lindberg
"FP&A should move beyond budgeting and forecasting to become a strategic business partner." - Anders Liu-Lindberg

Anders Liu-Lindberg provided valuable insights on how finance professionals can become strategic business partners. His advice on communication, synthesizing data, and building relationships offers practical steps for success. This episode is a must-listen for anyone looking to make a bigger impact in FP&A. The wisdom shared will help professionals thrive in an evolving business environment.

Corporate Finance Institute:

Master real-world finance skills with CFI’s FMVA program to learn financial modeling, valuations, and strategic insights top finance teams use. Get 30% off any plan and take the next step in your career. Explore now at https://corporatefinanceinstitute.com/pricing-fpaguy/?utm_source=fpaguy&utm_medium=organic&utm_campaign=podcast_ads

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Andres:

LinkedIn - https://www.linkedin.com/in/Anders liulindberg/?originalSubdomain=dk

Website - https://www.bpidk.org/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Streamline Financial Planning with Kepion:

Get up and running fast with planning that grows as you do. Kepion is a Microsoft-based solution that helps you implement quickly, integrate data seamlessly, and scale with self-service. From FP&A to CapEx, and workforce planning, Kepion empowers you to adapt faster, plan with confidence, and drive real ROI.

Learn more at https://bit.ly/3YI5cfp

Earn Your CPE Credit

In Today’s Episode

[02:10] - Meet Anders Liu-Lindberg

[04:47] - What Makes Great FP&A?

[06:26] - Example of Great FP&A in Action

[08:10] - The Business Partnering Institute

[11:24] - Anders’ New Book: Communicating Financials to Executives

[13:27] - Framework for Communicating Financial Insights

[15:59] - Importance of Aligning on Numbers

[21:39] - Synthesizing vs. Summarizing Data

[29:11] - Using Qualitative Data in Decision-Making

[33:01] - Building Strong Business Relationships

[39:20] - Key Skills for Success in FP&A

[45:18] - Final Advice on Business Partnering

How Cash Flow Data Helps CFOs Fix Forecasting Using AI-Powered Order to Cash Tools with Carlos Vega

Wed, 30 Apr 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst (aka The FP&A Guy) and Glenn Hopper welcome Carlos Vega, fintech founder, investor, and AI enthusiast. Carlos shares his unique path from investment banking to co-founding Tesorio, an AI-powered financial operations platform helping companies optimize cash flow and unlock real working capital. Carlos reveals how his frustration with traditional finance workflows led him to build tools that empower finance teams to move at AI speed - with smarter forecasts, automated collections, and deeper financial visibility.

Carlos Vega is the co-founder and CEO of Tesorio, an AI-powered financial operations platform. He has over a decade of experience in finance, including investment banking at Lazard and co-founding a factoring business. Carlos holds an MBA from Wharton, where he created a custom focus in “Innovation Through Analytics” He’s passionate about turning data into actionable insights and making cash flow more predictable. At Tesorio, he helps companies automate collections and optimize working capital using AI.

In this episode, you will discover:

Why Carlos created his own MBA path at Wharton focused on analytics
Why cash flow forecasting isn’t just a finance problem - it’s a data problem
The hidden reasons businesses turn to factoring (and why that’s risky)
How Tesorio uses AI to clean up messy financial data
Why actionable insights are way more valuable than fancy reports

Carlos Vega gave us a fresh look at why cash flow is so critical and how using AI to clean, structure, and act on financial data can change the way businesses operate. From building smarter forecasts to creating better cash management habits, Carlos showed that real success isn’t just about growing fast, it’s about being predictable and staying in control.

Follow Carlos:

LinkedIn - https://www.linkedin.com/in/carlos-r-vega/

Website - https://www.tesorio.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:15] - Guest Intro

[01:58] - Innovation and AI MBA

[05:51] - Telecom Data Insights

[06:41] - MBA as a Career Catalyst

[07:19] - From Factoring to Forecasting

[09:26] - Cash Flow vs Budgeting Focus

[13:48] - Unlocking Cash Flow Insights

[15:28] - Three Pillars of Data

[17:57] - Final Takeaway

How Startup Founders Can Build Investor Ready Models to Win VC Trust with Arta Ramaj

Tue, 29 Apr 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst welcomes Arta Ramaj, co-founder of 360 Finance, for a discussion into the real-world challenges and nuances of financial modeling. Arta shares her journey from a geography degree to a thriving career in finance and entrepreneurship. Together, they explore the art and science of building robust financial models, the entrepreneurial mindset, and the evolving role of finance as a strategic business partner.

Arta Ramaj is the co-founder of 360 Finance, a boutique consultancy specializing in financial modeling, FP&A, and finance system implementations for private equity and venture-backed companies. With a background in private equity and a passion for bridging financial data with strategic execution, Arta brings a unique entrepreneurial perspective to the finance world. She’s dedicated to creating investor-ready financial solutions and scaling businesses through dynamic, data-driven insights.

Expect to Learn:

How Arta transitioned from studying geography to founding a financial consulting firm.
The critical importance of structure and design in financial modeling.
Key strategies for building "investor-ready" financial models.
The role of soft skills and storytelling in becoming a great finance business partner.
Why simplifying assumptions and focusing on key metrics are essential for early-stage modeling success.

Here are a few quotes from the episode:

“If you're scaling and your finance function isn't solid, you're really scaling on shaky foundations." - Arta Ramaj
”Credibility and clarity are the north stars for building investor-ready financial models." - Arta Ramaj
“Modeling for a startup is often more about flexibility and storytelling than creating a perfect spreadsheet." - Arta Ramaj

Arta Ramaj gave us a fascinating look into the world of financial modeling for startups and private equity-backed businesses, showing how structure, clarity, and strategic insight shape high-impact financial decision-making. Her experiences revealed how finance principles, business partnering skills, and storytelling all intersect to build trust with investors and stakeholders. From building investor-ready models to navigating the entrepreneurial journey, this episode showcased the critical role financial modelers play in driving growth, strategic planning, and value creation.

Follow Arta:

LinkedIn - https://www.linkedin.com/in/artaramaj/
Website - https://www.three6ixtyfinance.com

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:04] - Welcome to the Episode

[03:21] - Horror Financial Model Story

[07:02] - From Geography to Finance

[11:33] - Love for FP&A and Business

[14:26] - Starting 360 Finance

[17:46] - Why Finance Gets Overlooked

[23:32] - Building Investor-Ready Models

[29:27] - The Financial Modeler as a Therapist

[35:14] - Fun with Excel and Wedding Modeling

[38:20] - Career Advice and Final Tips

How the FPAC Certification Helps FP&A Professionals Get Promoted and Earn Strategic Credibility

Thu, 24 Apr 2025 05:00:00 -0600

In this special episode of FP&A Tomorrow, host Paul Barnhurst (aka The FP&A Guy) welcomes Cassie McCombs, Marcus Gadson, and Mario Vasquez. Together, they share their experiences with the Certified Corporate FP&A Professional (FPAC) credential from the Association for Financial Professionals (AFP). The guests discuss how earning the FPAC has shaped their careers, the impact it’s had on their professional growth, and why this certification is becoming an essential asset for finance professionals.

Cassie is the Vice President of FP&A at Ultradent Products, a dental manufacturing company, where she played a key role in building the company’s first FP&A team from the ground up. Marcus serves as the Senior Finance Director at Wellpath, a healthcare company, where he is passionate about making finance accessible across all departments. Mario is the Senior Director of Finance at E.W. Scripps Company, brings over 25 years of experience in FP&A. He was part of the first cohort to earn the credential and shares valuable insights on how the certification helped him stand out and advance in his career.

Expect to Learn:

The impact of continuing education on staying up-to-date in the field of FP&A.
The value of the credential and how it can impact your career in FP&A.
Key insights on how to prepare for the exam and tips for success.
The importance of continuous learning and staying updated in the financial industry.
The role of FP&A in driving business strategy and decision-making.

Here are a few quotes from the episode:

"Data is not a four-letter word. It's essential to understanding and improving the business." - Cassie McCombs
"If you’re not learning, you're going backward. The FPAC credential helps you stay on top of industry trends." - Mario Vasquez
"Collaborating with non-finance teams is essential for making an impact as a finance leader." - Marcus Gadson

Cassie, Marcus, and Mario shared valuable perspectives on the impact of the FPAC credential on their careers and the financial planning and analysis profession. Their advice on the importance of continuous learning, collaboration across departments, and staying adaptable in an ever-evolving industry provides actionable steps for finance professionals seeking to advance their skills and make a greater impact within their organizations. The experiences and wisdom shared in this episode are invaluable for anyone looking to navigate the complexities of FP&A and drive long-term business success.

FP&A Community Hub:

Tired of searching for answers and sifting through sales pitches? The FP&A Hub is your go-to online community where finance professionals connect, learn, and grow without the distractions of sales pitches or generic LinkedIn content. Engage in real conversations, attend exclusive events, and gain insights from over 100 FP&A experts.

Be a part of the future of FP&A networking. Join for free at https://bit.ly/3DQWLrJ

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Mario:

LinkedIn - https://www.linkedin.com/in/mario-vasquez-finance/

Follow Marcus:

LinkedIn - https://www.linkedin.com/in/marcusgadson/

Follow Cassie:

LinkedIn - https://www.linkedin.com/in/cassie-mccombs-fpac-10a373a4/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

FP&A Certificates:

FP&A Certificates is where finance professionals go to level up, stand out, and grow their careers. Built by FP&A experts for the FP&A community, this platform features the top certificate programs from Wharton Online,, CFI, FMI, and more. It’s the smartest way to compare your options, find the right fit, and get exclusive discounts. Show your commitment to FP&A and take your skills to the next level. Explore now at https://www.thefpandaguy.com/fpa-certifications

Explore the resources and discounts available:

FPAC Program from Association of Financial Professionals (AFP)
Use Code Exam: TheFPAGuy-FPAC – Exam for $150 Discount
Use Code Exam Prep Platform: TheFPAGuy-FPACEPP – Exam Prep Platform for $100 Discount
Certificate of FP&A from Wharton Online and Wall Street Prep
https://secure.enroll.wharton.wallstreetprep.com/referral/
Use Code: THEFPAGUY300 – $300 Program Discount
Certified Global FP&A Professional (CGFPA) | FP&A Professionals
Use Code: FPAGUY - $200 Program Discount
Financial Modeler's Corner Podcast - FMI
Code: Podcast for a 15% Program Discount
Corporate Finance Institute (CFI) Programs
Financial Modeling & Valuation Analyst (FMVA)
Code: FPAGUY30 for a 30% discount on the FMVA and FP&A Specialization programs
FP&A specialization
Certification in Financial Planning & Analysis Modeling (CFPAM™) | Wall Street Prep

Earn Your CPE Credit

In Today’s Episode

[01:34] - Introduction of Episode

[02:35] - Meet the Guests: Cassie, Marcus, and Mario

[04:30] - What Makes Great FP&A?

[07:21] - The Decision to Get Certified

[10:13] - Other Credentials Considered

[13:19] - Career Impact of the FPAC

[19:19] - Study Approaches & Exam Tips

[27:06] - Continuing Education with AFP

[29:23] -'s Long-Term Career Impact

[41:41] - Top FP&A Skills

[46:36] - Fun Questions with the Guests

How AI Cash Flow Automation Helps CFOs Reduce Late Payments and Improve Working Capital - Carlos Vega

Wed, 23 Apr 2025 05:00:00 -0600

In this episode, you will discover:

How Carlos designed a custom MBA in “Innovation Through Analytics”
Why cash flow forecasting is more of a data problem than a finance one
The real reason so many businesses rely on factoring (and what it reveals)
How Tesorio uses AI and ML to clean and structure financial data
Why actionable insights matter more than predictive reports

Carlos Vega shared practical insights on why cash flow is one of the most overlooked-yet critical-parts of running a business. With his background in finance and experience building Tesorio, he brought a real-world perspective to the conversation. He emphasized the importance of understanding where your money is coming from and when, and how small changes can make a big difference. At the heart of it all: clear processes, good habits, and staying on top of the details.

Follow Carlos:

LinkedIn - https://www.linkedin.com/in/carlos-r-vega/

Website - https://www.tesorio.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:28] - Welcome to the Episode

[02:54] - Creating a Custom MBA

[09:46] - Lessons from a Factoring Business

[10:50] - Why People Ignore Cash Flow

[12:27] - Building in Panama vs. the U.S.

[14:12] - Cash Flow Is a Data Problem

[19:21] - Is Cash Flow Forecasting Overlooked?

[21:01] - Building Accurate Collection Models

[23:53] - Real AI Use Cases in Finance

[32:05] - Carlos’s Grounding Habits

[36:53] - Final Thoughts & Key Quote

Litigation Risk Modeling for Finance Professionals with David Perla

Tue, 22 Apr 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst (aka The FP&A Guy) welcomes David Perla, Vice Chair of Burford Capital and a pioneering voice in the legal finance industry. David discusses how financial modeling plays a central role in evaluating and funding high-stakes litigation, offering a behind-the-scenes look at how his team monetizes legal risk with structured financial strategies. From managing long litigation timelines to leveraging Monte Carlo simulations and AI tools, David shares how Burford builds sophisticated models to guide investment decisions and mitigate risk.

David Perla has an extraordinary background at the intersection of law, entrepreneurship, and finance. He’s a former president of Bloomberg Law, co-founder of legal outsourcing pioneer Pangea3 (acquired by Thomson Reuters), and was named a top 50 innovator by The American Lawyer. At Burford Capital, David is helping reshape how the legal world accesses and deploys capital.

Expect to Learn:

What legal finance actually is and how it works
How Burford structures deals and evaluates legal risk
The modeling techniques used to forecast legal outcomes
Why Monte Carlo simulations are central to their underwriting process
How AI is used (and misused) in legal finance

Here are a few quotes from the episode:

“Behavior that’s irrational but predictable? We can model that. Idiosyncratic behavior? We avoid it.” - David Perla
Modeling helps us decide not only how to price a deal, but how to structure incentives.” - David Perla
Everything we do depends on modeling.” - David Perla

David Perla gave us a fascinating look into the world of legal finance and how modeling plays a critical role in managing complex litigation risk. His knowledge revealed how finance principles, AI tools, and human judgment all intersect in this unique investment space. From non-recourse funding to Monte Carlo simulations, this episode showcased the depth of modeling required in high-stakes legal decision-making.

Follow Dave:

LinkedIn - https://www.linkedin.com/in/davidperla/
Website - https://www.burfordcapital.com/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:12] - Welcome to the episode

[03:37] - Defining Legal Finance

[04:53] - Typical Legal Finance Timeline

[07:56] - Structuring Deals with Non-Recourse Funding

[11:17] - Modeling Risk with Monte Carlo Simulations

[16:32] - High-Stakes Legal Deal Sizes

[21:34] - Predictable vs. Rational Behavior in Modeling

[26:02] - Data Transparency in Insurance vs. Legal Finance

[32:31] - Tools of the Trade: Excel, Python & More

[39:44] - Future of Excel, AI, and Model Confidence

[41:32] - Strategic Decision-Making and Wrap-Up

The Real Revenue Risk from 104% Tariffs for CFOs with Karan Sood

Thu, 17 Apr 2025 05:00:00 -0600

In this special episode of FP&A Tomorrow, host Paul Barnhurst (aka The FP&A Guy) welcomes Karan Sood, a global pricing expert with over a decade of experience in revenue management and pricing strategies. Karan shares his knowledge on the impact of tariffs on global trade and pricing models. He talks about the complexities of tariffs, offering advice on how businesses can effectively manage the financial implications and adapt their pricing strategies during these uncertain times. Karan discusses the importance of collaboration across departments and creating flexible models that can quickly adjust to changing market conditions.

Karan Sood is a global pricing expert and the Director of Sales Operations with a wealth of experience overseeing revenue management for over $6 billion across a wide range of industries. He is passionate about using pricing as a powerful tool to drive profitability and improve business performance. Karan has worked across industries including automotive, digital marketing, consumer goods, and more, developing pricing strategies that create real business value.

Expect to Learn:

How tariffs impact different industries and pricing strategies.
Why a one-size-fits-all approach to tariffs is flawed and the importance of tailored strategies.
The role of cross-functional collaboration in managing tariff impacts.
How to create flexible pricing models that can quickly adjust to shifting market conditions.
The importance of transparency with customers when adjusting prices due to tariffs.

Here are a few quotes from the episode:

"Every industry is different; you can’t use the same assumptions for all goods under tariffs." - Karan Sood
"Stay calm, don’t make decisions too quickly. Information is constantly changing." - Karan Sood
"The key to managing tariffs is creating a flexible pricing model that can adapt quickly to new developments." - Karan Sood

Karan Sood shared meaningful strategies for managing the complexities of tariffs in today’s global trade environment. His advice to stay calm, work collaboratively, and prioritize flexibility in pricing models is invaluable for finance professionals looking to navigate the challenges posed by tariffs. By emphasizing the importance of cross-departmental communication and transparency with customers, Karan offers actionable steps that can help businesses succeed in a volatile market.

FP&A Community Hub:

Be a part of the future of FP&A networking. Join for free at https://bit.ly/3DQWLrJ

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Karan:

LinkedIn - https://www.linkedin.com/in/soodkaran/?originalSubdomain=ca

Website - https://substack.com/@karansood

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

FP&A Certificates:

FP&A Certificates is where finance professionals go to level up, stand out, and grow their careers. Built by FP&A experts for the FP&A community, this platform features the top certificate programs from Wharton Online, FPAC, CFI, FMI, and more. It’s the smartest way to compare your options, find the right fit, and get exclusive discounts. Show your commitment to FP&A and take your skills to the next level. Explore now at https://www.thefpandaguy.com/fpa-certifications

Earn Your CPE Credit

In Today’s Episode

[02:08] - Introduction of Episode

[03:12] - Karan’s Journey into Pricing

[06:53] - The Global Impact of Tariffs

[12:13] - Why One-Size-Fits-All Doesn’t Work

[16:24] - Managing the Impact of Tariffs

[20:06] - Building Flexible Pricing Models

[27:03]- Smart Pricing Strategies

[33:15] - Transparency with Consumers

[34:34] - Cross-Department Collaboration

[40:02] - Book recommended by Karan

The Financial Fallout of Trump’s Tariffs for Pricing Teams with Karan Sood

Wed, 16 Apr 2025 05:00:00 -0600

In this episode of Future Finance, host Paul Barnhurst (aka The FP&A Guy) welcomes Karan Sood, a global pricing expert with over a decade of experience in revenue management and pricing strategies. Karan shares his knowledge on the impact of tariffs on global trade and pricing models. He talks about the complexities of tariffs, offering advice on how businesses can effectively manage the financial implications and adapt their pricing strategies during these uncertain times. Karan discusses the importance of collaboration across departments and creating flexible models that can quickly adjust to changing market conditions.

Expect to Learn:

How tariffs impact different industries and pricing strategies.
Why a one-size-fits-all approach to tariffs is flawed and the importance of tailored strategies.
The role of cross-functional collaboration in managing tariff impacts.
How to create flexible pricing models that can quickly adjust to shifting market conditions.
The importance of transparency with customers when adjusting prices due to tariffs.

Follow Karan:

LinkedIn - https://www.linkedin.com/in/soodkaran/?originalSubdomain=ca

Website - https://substack.com/@karansood

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[02:08] - Introduction of Episode

[03:05] - Karan’s Journey into Pricing

[06:45] - The Global Impact of Tariffs

[12:05] - Why One-Size-Fits-All Doesn’t Work

[16:00] - Managing the Impact of Tariffs

[20:04] - Building Flexible Pricing Models

[23:09] - Transparency with Consumers

[28:46] - Short-Term vs. Long-Term Strategy

[34:34] - Cross-Department Collaboration

[39:06] - Book recommended by Karan

The Real Cost of Trump’s Tariffs for Pricing Teams with Karan Sood

Tue, 15 Apr 2025 05:00:00 -0600

In this special episode of Financial Modeler's Corner, host Paul Barnhurst (aka The FP&A Guy) welcomes Karan Sood, a global pricing expert with over a decade of experience in revenue management and pricing strategies. Karan shares his knowledge on the impact of tariffs on global trade and pricing models. He talks about the complexities of tariffs, offering advice on how businesses can effectively manage the financial implications and adapt their pricing strategies during these uncertain times. Karan discusses the importance of collaboration across departments and creating flexible models that can quickly adjust to changing market conditions.

Expect to Learn:

How tariffs impact different industries and pricing strategies.
Why a one-size-fits-all approach to tariffs is flawed and the importance of tailored strategies.
The role of cross-functional collaboration in managing tariff impacts.
How to create flexible pricing models that can quickly adjust to shifting market conditions.
The importance of transparency with customers when adjusting prices due to tariffs.

Here are a few quotes from the episode:

"Every industry is different; you can’t use the same assumptions for all goods under tariffs." - Karan Sood
"Stay calm, don’t make decisions too quickly. Information is constantly changing." - Karan Sood
"The key to managing tariffs is creating a flexible pricing model that can adapt quickly to new developments." - Karan Sood

Follow Karan:

LinkedIn - https://www.linkedin.com/in/soodkaran/?originalSubdomain=ca

Website - https://substack.com/@karansood

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy 

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 

Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:08] - Introduction of Episode

[03:05] - Karan’s Journey into Pricing

[06:45] - The Global Impact of Tariffs

[12:05] - Why One-Size-Fits-All Doesn’t Work

[16:00] - Managing the Impact of Tariffs

[20:04] - Building Flexible Pricing Models

[23:09] - Transparency with Consumers

[28:46] - Short-Term vs. Long-Term Strategy

[34:34] - Cross-Department Collaboration

[39:06] - Book recommended by Karan

An overview of the CGFPA Certification & How it Helps FP&A Professionals Become Strategic Leaders with Alfredo and Jihane

Thu, 10 Apr 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst (aka The FP&A Guy) speaks with Alfredo Kinanga and Jihane Mochamad, two graduates of the Certified Global FP&A Certificate Program (CGFPAC). They share why they chose the program, the key takeaways that shaped their professional growth, and how the course helped them sharpen both technical and soft skills. From business partnering and financial modeling to data storytelling and AI, their experiences offer practical insight for anyone considering an FP&A certification or looking to elevate their career in finance.

Alfredo Kinanga is a finance and trade marketing professional with 14+ years of experience in accounting, planning, and commercial finance.He’s passionate about driving business growth and using FP&A to connect strategy and execution. Jihane Mochamad is a CPA from Canada with over 10 years in payroll, financial reporting, and budgeting.She works in the senior living industry, focusing on automation and preparing for the future of finance.

Expect to Learn:

What Alfredo and Jihane gained from the strategy and AI modules
How financial modeling and data storytelling helped transform their work
The power of co-creation and business partnering in FP&A
Why communication, empathy, and stakeholder relationships are must-have skills
How the program helped them reconnect with foundational finance knowledge

Here are a few relevant quotes from the episode:

“Strategy gave me a big picture view, even from a payroll position.” - Jihane Mochamad
“FP&A is about empathy, collaboration, and understanding the business.” - Paul Barnhurst
“Data storytelling taught me how to present insights with clarity.” - Alfredo Kinanga

Alfredo and Jihane brought energy, honesty, and real-life examples to this episode, sharing how the Certified Global FP&A Program helped reshape their careers and perspectives. From strengthening their technical and soft skills to embracing AI and strategy, their stories show what’s possible when you invest in your own development and approach FP&A with curiosity and collaboration.

FP&A Community Hub:

Be a part of the future of FP&A networking. Join for free at https://bit.ly/3DQWLrJ

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Alfredo:

LinkedIn - https://www.linkedin.com/in/alfredo-kinanga/?trk=org-employees&originalSubdomain=ao

Follow Jihane:

LinkedIn - https://www.linkedin.com/in/jihane-mochamad/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

FP&A Certificates:

FP&A Certificates is where finance professionals go to level up, stand out, and grow their careers. Built by FP&A experts for the FP&A community, this platform features the top certificate programs from Wharton Online, FPAC, CFI, FMI, and more. It’s the smartest way to compare your options, find the right fit, and get exclusive discounts. Show your commitment to FP&A and take your skills to the next level. Explore now at https://www.thefpandaguy.com/fpa-certifications

Explore the resources and discounts available:

FPAC Program from Association of Financial Professionals (AFP)
Use Code Exam: TheFPAGuy-FPAC – Exam for $150 Discount
Use Code Exam Prep Platform: TheFPAGuy-FPACEPP – Exam Prep Platform for $100 Discount
Certificate of FP&A from Wharton Online and Wall Street Prep
https://secure.enroll.wharton.wallstreetprep.com/referral/
Use Code: THEFPAGUY300 – $300 Program Discount
Certified Global FP&A Professional (CGFPA) | FP&A Professionals
Use Code: FPAGUY - $200 Program Discount
Financial Modeler's Corner Podcast - FMI
Code: Podcast for a 15% Program Discount
Corporate Finance Institute (CFI) Programs
Financial Modeling & Valuation Analyst (FMVA)
Code: FPAGUY30 for a 30% discount on the FMVA and FP&A Specialization programs
FP&A specialization
Certification in Financial Planning & Analysis Modeling (CFPAM™) | Wall Street Prep

Earn Your CPE Credit

In Today’s Episode

[02:20] - Meet Alfredo and Jihane

[04:08] - What Makes Great FP&A

[06:10] - Discovering the CGFPAC Program

[12:35] - Alfredo’s Biggest Takeaway

[16:23] - Co-Creation in Finance

[18:36] - Jihane’s Shift Toward FP&A

[23:56] - Favorite Course Modules

[30:32] - AI Section Highlights

[33:33] - Advice for Future Students

[38:40] - Must-Have Technical Skills

[40:25] - Top Soft Skills for FP&A

[42:58] - Career Reflections and Final Thoughts

ChatGPT Strategy for CFOs to Build Trust in AI Tools and Win Faster ROI in 2025 with Joyce Li

Wed, 09 Apr 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper are joined by Joyce Li, a CFA, AI strategist, and former investor. Joyce shares her journey from managing multi-billion dollar portfolios to advising businesses on AI strategy and governance. She offers a thoughtful take on how AI is transforming decision-making, the importance of trust in technology, and why being human in a tech-driven world still matters more than ever.

Joyce Li is a CFA, board director, AI strategist, and entrepreneur with a background in managing multi-billion dollar investments and advising corporate leaders. With an MBA from Wharton and a master's in computer science, she bridges the worlds of finance and technology. Joyce is a recognized voice in AI and advises companies on how to develop practical, trusted AI strategies for long-term value.

Expect to Learn:

How Joyce transitioned from finance and investing into AI strategy
Why trust and governance are essential for AI adoption
How SMBs and large companies can adopt AI more effectively
Tips for building AI readiness in your company
Why generative AI adoption is moving faster than past tech waves
Why “human in the loop” matters now more than ever

Joyce Li brought clarity, experience, and a grounded view on what it really takes to adopt AI in a meaningful way. From building trust and transparency to thinking critically about end goals, her perspective helps bridge the gap between tech hype and business value. Whether you're leading a large company or a growing startup, Joyce’s insights make it clear: real AI success starts with the right questions and ends with thoughtful execution.

Follow Joyce:

LinkedIn - https://www.linkedin.com/in/sjoyceli/

Website - https://averanda-ai.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:00] - Intro and Guest Welcome

[01:04] - Joyce’s Shift Into AI

[03:46] - Guiding Leaders on AI Strategy

[06:42] - Lessons from an AI Startup

[09:24] - Trust and AI in Finance

[11:07] - Why Governance Matters in AI

[12:57] - Replacing Legacy Tech

[15:00] - AI Myths in Small Business

[16:32] - Enterprise Hesitation with AI

[17:58] - Speed of Generative AI Adoption

[19:53] - Final Thoughts and Takeaways

Startup vs. Corporate Financial Models & How To Build Each For Maximum Strategic Impact - Carl Olson

Tue, 08 Apr 2025 05:00:00 -0600

In this episode of Financial Modeler's Corner, host Paul Barnhurst (aka The FP&A Guy) welcomes Carl Olson, a seasoned finance leader with over two decades of experience in FP&A, consulting, and startup finance. Carl discusses the nuances of financial modeling in both startups and large companies, sharing war stories, practical frameworks, and the lessons learned from building models that drive real business decisions. Whether it's simplifying startup forecasts or navigating layers of corporate planning, Carl emphasizes the importance of context, communication, and staying aligned with business partners.

Carl Olson is a finance consultant and strategic advisor with more than 20 years of experience in FP&A, startup modeling, and enterprise finance. His background includes roles at Jamba Juice, Yelp, Unity, and several startups. Carl specializes in building operating and strategic models, guiding fundraising efforts, and helping businesses link financial modeling to real-world execution.

Expect to Learn:

How financial models differ for startups vs. large companies
Why listening to business partners is essential for model effectiveness
How to test assumptions when historical data is limited
The danger of over-automation in modeling
What makes a model usable vs. impressive

Here are a few quotes from the episode:

“If your sales model shows unrealistic rep productivity, that’s a red flag.” - Carl Olson
“Meet your business partners where they are, not where you want them to be.” - Carl Olson
“Use industry benchmarks, but know your secret sauce.” - Carl Olson

Carl Olson shared honest and practical insights from years of building financial models across startups and large companies. He reminded us that the real value of a model comes from how well it supports decision-making and helps the team move forward. His approach to keeping things simple, clear, and business-focused is something every finance professional can learn from.

Follow Carl:

LinkedIn - https://www.linkedin.com/in/olsoncarl/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:12] - Introduction of Episode

[02:02] - Carl’s Worst Modeling Experience

[06:43] - Rebuilding a Model from Scratch

[10:36] - Startup vs. Corporate Modeling

[12:57] - Big Data to Startup Forecasting

[15:09] - When Mistakes Go Unnoticed

[22:42] - Finding Gaps Through Modeling

[29:41] - Using Excel for Personal Life

[30:47] - Carl’s Favorite Excel Shortcuts

[33:32] - Rapid Fire: Tools, Preferences, and Advice

[36:24] - Avoiding the VBA Trap and Growing in Your Career

[40:38] - Carl’s Closing Advice for Financial Modelers

How Wharton’s FP&A Program Teaches AI and Automation - from real students! Dan Cotoia and Anh Tran

Thu, 03 Apr 2025 05:00:00 -0600

In this episode, host Paul Barnhurst (aka The FP&A Guy) sits down with Dan Cotoia and Anh Tran, two accomplished finance professionals who recently completed the FP&A Certificate Program from Wharton Online in collaboration with Wall Street Prep. They share their reasons for enrolling, how the program supported their career growth, and what aspiring FP&A professionals can expect. From personal career pivots to practical tools and concepts, this conversation offers a clear and relatable look at the value of formal training in today’s finance landscape.

Dan Cotoia is a Senior Finance Director in the pharmaceutical industry with 18+ years of FP&A experience across commercial finance, R&D, and cost accounting.Anh Tran is a finance professional with a background in investment banking and regulatory finance, recently returning to corporate finance after completing the Wharton FP&A Certificate Program.

Expect to Learn:

Why Dan and Anh chose the Wharton FP&A Certificate over other programs
What makes the program stand out, from live interaction to practical content
Key takeaways they applied directly to their jobs
How much time you’ll actually spend on the coursework
How the program supports career transitions and networking
The role of AI and Power Query in modern FP&A training

Here are a few relevant quotes from the episode:

“The AI module helped me see where FP&A is heading. It’s not just Excel anymore.” - Dan Cotoia
“It’s not just about learning concepts, it’s about connecting with others who live FP&A every day.” - Anh Tran

Dan Cotoia and Anh Tran shared honest, practical experiences about completing the Wharton FP&A Certificate Program.Their stories show how structured learning and the right tools can make a real difference in everyday finance work.

FP&A Community Hub:

Be a part of the future of FP&A networking. Join for free at https://bit.ly/3DQWLrJ

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Dan:

LinkedIn - https://www.linkedin.com/in/dancotoia/

Follow Anh:

LinkedIn - https://www.linkedin.com/in/anh-tran-fpna-ccar-ppnr/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

FP&A Certificates:

FP&A Certificates is where finance professionals go to level up, stand out, and grow their careers. Built by FP&A experts for the FP&A community, this platform features the top certificate programs from Wharton Online, FPAC, CFI, FMI, and more. It’s the smartest way to compare your options, find the right fit, and get exclusive discounts. Show your commitment to FP&A and take your skills to the next level. Explore now at https://www.thefpandaguy.com/fpa-certifications

Explore the resources and discounts available:

FPAC Program from Association of Financial Professionals (AFP)
Use Code Exam: TheFPAGuy-FPAC – Exam for $150 Discount
Use Code Exam Prep Platform: TheFPAGuy-FPACEPP – Exam Prep Platform for $100 Discount
Certificate of FP&A from Wharton Online and Wall Street Prep
https://secure.enroll.wharton.wallstreetprep.com/referral/
Use Code: THEFPAGUY300 – $300 Program Discount
Certified Global FP&A Professional (CGFPA) | FP&A Professionals
Use Code: FPAGUY - $200 Program Discount
Financial Modeler's Corner Podcast - FMI
Code: Podcast for a 15% Program Discount
Corporate Finance Institute (CFI) Programs
Financial Modeling & Valuation Analyst (FMVA)
Code: FPAGUY30 for a 30% discount on the FMVA and FP&A Specialization programs
FP&A specialization
Certification in Financial Planning & Analysis Modeling (CFPAM™) | Wall Street Prep

Earn Your CPE Credit

In Today’s Episode

[02:05] - Dan and Anh’s Backgrounds

[06:33] - Defining Great FP&A

[10:31] - Why Anh Chose Wharton

[15:55] - Team Reaction to Dan Upskilling

[17:47] - Cohort and Community Experience

[24:27] - Anh’s Takeaways and Connections

[27:29] - Dan’s Practical Learnings

[31:44] - How Anh Built Her FP&A Network

[38:51] - Favorite Modules and Tools

[50:16] - Key FP&A Skills Today

AI (Like ChatGPT) Is Disrupting Finance and Reshaping Investment Decisions with Joyce Li

Wed, 02 Apr 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst (aka The FP&A Guy) and Glenn Hopper welcome Joyce Li, a seasoned investor, AI strategist, and entrepreneur. Joyce shares her fascinating journey from being a CFA and managing multibillion-dollar investments to transitioning into AI and tech strategy. With nearly two decades of experience, Joyce now helps board directors and business leaders develop AI strategies and governance frameworks.

Joyce Li is a seasoned investor, entrepreneur, and AI strategist. With an MBA from Wharton and a master’s in Computer Science from the University of Virginia, Joyce has spent almost 20 years managing investments and guiding businesses in technology adoption. She now advises leaders on developing AI strategies and governance frameworks. Joyce also co-founded an AI-powered financial planning platform, where she learned the challenges and opportunities AI can bring to business.

In this episode, you will discover:

How Joyce’s background in finance led her to focus on AI
The real challenges businesses face when adopting AI
Why trust is crucial when introducing AI into decision-making
The speed at which AI is changing business models
How to build a successful AI strategy without getting lost in the tech
Why businesses need to focus on their goals before diving into AI tools

Joyce Li shared valuable insights on how AI is transforming business strategy and decision-making. Her experience in both finance and technology has given her a unique perspective on the challenges and opportunities businesses face when adopting AI. Trust, transparency, and a clear understanding of business goals are essential when integrating AI into decision-making.

Follow Joyce:

LinkedIn - https://www.linkedin.com/in/sjoyceli/

Website - https://averanda-ai.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:46] - Welcome to the Episode

[04:02] - Shifting Focus to AI Strategy

[10:52] - Lessons from Co-Founding an AI Platform

[12:42] - Building AI with Limited Resources

[16:12] - Generative AI and the Future of Robo-Advisors

[20:44] - AI’s Role in Startup Growth

[23:23] - Why Startups Are Winning Big Clients

[25:03] - Redesigning Workflows for the Future

[32:26] - Why Big Companies Hesitate

[38:24] - Describe AI’s Personality

[42:58] - Wrapping Up the Conversation

Financial Modeling in Retail, managing Insolvency & How Finance Can Master Cash Flow - Dave Hallwood

Tue, 01 Apr 2025 05:00:00 -0600

In this episode of Financial Modeler's Corner, host Paul Barnhurst is joined by Dave Hallwood, a finance director and certified financial modeler, for a practical and candid conversation about real-world modeling in the retail industry. From managing day-to-day operations in a fast-growing fashion retail group to navigating insolvency and restructuring, Dave shares the hard-earned lessons that have shaped his approach to modeling, decision-making, and leadership.

Dave Hallwood is the Finance Director of a group of independent fashion retailers in the UK. After spending years in retail and hospitality management, Dave transitioned into finance in his 30s, becoming a fellow of ACCA and earning his Certified Financial Modeler (CFM) designation from the Financial Modeling Institute. With a passion for practical financial modeling, Dave has built and managed models for nearly every scenario a small retailer can face, from budgeting and forecasting to store openings, closings, and insolvency planning.

Expect to Learn:

How to model retail cash flow when weather drives sales
The importance of simplicity and storytelling in financial models
What it’s like to manage an insolvency and restructure a business
Why Dave believes gut instinct still plays a big role in decision-making
How Dave uses modeling to support store openings, closures, and growth
Practical advice for switching into a finance career later in life

Here are a few quotes from the episode:

"Financial models help guide the business, but people and relationships still make it work."
"The best decision is often a balance between what the model says and what feels right."
"No matter how great the numbers look, if your gut says no, listen."

Dave Hallwood shares what it’s really like to model for a retail business. From managing cash flow swings to making tough calls during insolvency, he brings a grounded, real-world perspective. Dave reminds us that models should support decisions, not replace them. It’s a must-listen for anyone juggling numbers and navigating uncertainty.

Follow Dave:

LinkedIn - https://www.linkedin.com/in/david-hallwood-fcca-cfm-87270449/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy 

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 

Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:31] - Welcome to the episode

[03:45] - Inheriting a messy Excel model

[06:17] - Why Dave switched careers in his 30s

[10:13] - Life as a finance lead in retail

[14:16] - Forecasting cash flow in a seasonal business

[18:54] - How to model each store differently

[26:58] - Lessons from an insolvency and business rescue

[32:59] - Why Dave supports the FMI community

[40:01] - Horizontal or Vertical Modeling Preferences

[42:23] - Gut vs. model: what really drives decisions

[44:36] - Closing Reflections with Dave

Scaling An Office of CFO SaaS Software Powerhouse with AI, Acquisitions & Finance Innovation - Elias Apel

Thu, 27 Mar 2025 05:00:00 -0600

In this episode Host Paul Barnhurst (aka The FP&A Guy) sits down with Elias Apel, the CEO of Lucanet, to explore the evolving landscape of financial planning and analysis. From transforming the Office of the CFO with AI to driving strategic acquisitions, Elias shares how he’s leading Lucanet through hypergrowth and innovation while staying grounded in customer-centric leadership.

Elias Apel is the CEO of Lucanet, a global provider of “Office of the CFO” software solutions for enterprises and SMEs. Founded in 1999, Lucanet offers tools for financial planning, consolidation, ESG reporting, tax compliance, and treasury management. The company supports nearly 6,000 customers in over 50 countries, with offices across Germany, Europe, the UK, Asia, and North America. Elias previously served as Lucanet’s CFO and VP of International Go-to-Market. He is also the co-founder of Argonas Corporate Finance Advisors, specializing in complex M&A and financing transactions.

Expect to Learn:

What makes FP&A truly impactful and strategic
How to build trust across finance functions
Leveraging AI to boost financial operations
Transitioning from advisor to successful CEO
Integrating data analytics under finance leadership
Strategy behind Lucanet’s acquisition of Causal

Here are a few relevant quotes from the episode:

"Communication is the most important soft skill for any finance business partner."
"Data analytics is the number one technical skill FP&A professionals should master today."
"A modern CFO needs to be commercially minded, not just financially accurate."

Elias Apel shares valuable knowledge on leading through transformation, leveraging AI, and redefining the role of the CFO. He emphasizes the importance of trust, data-driven decision-making, and staying customer-focused. Whether you're in FP&A or executive leadership, his journey offers inspiration for building an agile, future-ready finance team.

Operators Guild:

Operators Guild is where the best CEOs, CFOs, VPs of finance, and BizOps leaders in the business connect, network, and grow together. Built by operators for operators, this members-only community is home to more than 1000 of the most elite high-growth operators in the world. Experience connection and knowledge share with professionals who understand you like no one else does. Learn more and apply at https://bit.ly/3F6sghS

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Elias:

LinkedIn - https://www.linkedin.com/in/eliasapel/

Website - https://www.lucanet.com/en/solutions/extended-planning-and-analysis/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

FP&A Community Hub:

Be a part of the future of FP&A networking. Join for free at https://bit.ly/3DQWLrJ

Earn Your CPE Credit

In Today’s Episode

[01:51] - Introduction to the Episode

[03:34] - Defining Great FP&A

[09:18] - From M&A Advisor to CEO

[14:49] - Shifting from Operator to Strategic Leader

[19:31] - Why Roles Beyond Finance Matter

[25:36] - Embedding Data to Empower Finance Teams

[27:26] - The Evolving Role of the CFO

[35:51] - The Thinking Behind Lucanet’s M&A Strategy

[47:31] - Top Technical Skill for FP&A Professionals

[54:01] - Final Thoughts and Career Advice

How AI Digital Avatars in Banking Will Revolutionize Financial Advisory with Geoff Robinson

Thu, 27 Mar 2025 02:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper are joined by Geoff Robinson, founder of TheInvestmentAnalyst.com and former Managing Director at UBS. Geoff shares his passion for innovation in finance and technology, diving deep into how AI, digital avatars, and automated agents are reshaping the way we learn, invest, and deliver financial advice.

Geoff Robinson is an investment analyst and former Managing Director at UBS, with years of experience in financial modeling and research. After a successful corporate career, he founded theinvestmentanalyst.com, a platform designed to deliver high quality financial training using AI-driven avatars and cutting edge technology. Geoff is at the forefront of exploring AI’s impact on financial education, advisory services, and market predictions.

Expect to Learn:

How digital avatars are revolutionizing financial education
Why traditional institutions struggle with tech adoption
The power of combining AI agents and personalized content
How Geoff is building a fully AI-generated financial podcast
What the future holds for AI in finance, training, and recommendations

In this episode, Geoff Robinson offers a glimpse into the near future of finance where AI-generated avatars, real-time advisory bots, and metadata-driven recommendations shape how professionals learn and interact with data. His message is clear: those who stay closest to the technology frontier will be the first to innovate, adapt, and lead.

Follow Geoff:

LinkedIn - https://www.linkedin.com/in/geofftheinvestmentanalyst

Website - https://theinvestmentanalyst.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[02:12] - Starting the Platform

[03:30] - Digital Avatars and AI

[05:25] - AI Agents in Action

[07:12] - Personalized AI Experiences

[08:45] - AI-Generated Podcast

[10:53] - Managing AI Risks

[11:38] - Favorite Tech Tools

[13:18] - AI Recommendations

[14:10] - Final Thoughts

Financial Modelers Simplify Spreadsheets to Reduce Errors and Succeed in 2025 with Myles Arnott

Tue, 25 Mar 2025 04:00:00 -0600

In this episode of Financial Modeler's Corner, host Paul Barnhurst welcomes Myles Arnott, co-founder of Full Stack Modeller and founder of Clarity Consultancy Services. Myles shares his 25+ year journey in Excel, his philosophy of keeping things simple, and how structured design and tools like Power Query have transformed his approach to modeling. He also opens up about taking the FMI Advanced Financial Modeler (AFM) exam and co-building a global modeling community.

Myles Arnott is a CMA-qualified accountant, Excel trainer, and fractional finance director. He leads Clarity Consultancy Services and co-founded Full Stack Modeller, a platform built to provide finance professionals with a full toolkit of modern Excel and modeling skills. Myles blends operational finance experience with teaching, making complex modeling concepts accessible through real-world insights and practice.

Expect to Learn:

The power of simplicity in model design
How to effectively prepare for the AFM exam
Best practices for managing data flow in Excel
Why Power Query is one of Excel’s most powerful tools
How Full Stack Modeler is helping professionals level up in finance
The value of designing with clarity and reviewing with confidence
Myles’s journey from complex automation to clean, intuitive spreadsheets

Here are a few quotes from the episode:

Spreadsheet risk skyrockets when models are messy and undocumented.”- Myles Arnott
“If your data flows are poor, your insights will be too.”- Myles Arnott
“Power Query changed everything for how we manage data in Excel.”- Myles Arnott

In this episode, Myles Arnott shares how clarity, consistency, and structure create better financial models. He emphasizes the importance of design thinking, simplifying complexity, and continuously developing your skills. Whether you're preparing for the AFM or just want to clean up your modeling, Myles’s advice will guide you toward modeling excellence.

Follow Myles:

LinkedIn - https://www.linkedin.com/in/mylesarnott/

Website - https://www.fullstackmodeller.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy 

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 

Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:39] - Episode Introduction

[02:49] - Worst Financial Model Mistakes

[07:55] - Leadership and AFM

[13:26] - Balancing Under Exam Pressure

[19:17] - Full Stack Origins

[23:01] - MVP Antics and Office Fun

[27:04] - Simplifying Systems and Processes

[31:13] - Power Query Tips

[36:37] - Career Lessons Learned

[46:09] - Advice to Aspiring Modelers

How FP&A Teams can Influence CEOs and CFOs and drive the business forward with Glenn Snyder

Thu, 20 Mar 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst (aka the FP&A Guy) welcomes Glenn Snyder, a seasoned FP&A leader with over 20 years of experience. Glenn shares insights on financial planning and analysis, leadership strategies, and building effective business partnerships. He discusses the keys to driving business impact, managing teams, and navigating career growth in FP&A.

Glenn Snyder is a Senior Director at Riverrun Consulting, specializing in interim financial leadership. With a career spanning financial services, fintech, SaaS, private equity, and more, he has held leadership roles at Franklin Templeton, Visa, Charles Schwab, and Digital Realty. Glenn is also an author, educator, and board member, passionate about mentoring finance professionals and improving FP&A effectiveness.

Expect to Learn:

The key elements of great FP&A and how it drives executive decisions
How to balance company goals with employee career development
Strategies for building strong business partnerships in FP&A
The role of automation and efficiency in FP&A reporting and analysis
How to successfully transition into a new leadership role
Overcoming resistance from business leaders and earning trust in finance
The importance of storytelling and data visualization in financial reporting

Here are a few relevant quotes from the episode:

“The best leaders give credit to their teams and create opportunities for them to shine.” - Glenn Snyder
Your career growth is your responsibility. Stay curious, stay connected, and keep learning.” - Glenn Snyder
“You don’t have to be the smartest person in the room, but you must be the most adaptable.” - Glenn Snyder

In this episode, Glenn Snyder shared his expertise on what makes FP&A impactful, how to lead finance teams, and the importance of strong business partnerships. He emphasized that great FP&A professionals don’t just report numbers, they drive decisions, build trust, and continuously improve processes. Being proactive, investing in relationships, and focusing on delivering insights, not just reports, are key. Success in FP&A comes from adapting, influencing, and always adding value.

Operator’s Guild:

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Glenn:

LinkedIn - https://www.linkedin.com/in/glenntsnyder/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

FP&A Community Hub:

Be a part of the future of FP&A networking. Join for free at https://bit.ly/3DQWLrJ

Earn Your CPE Credit

In Today’s Episode

[01:39] - Introduction to the Episode

[04:12] - What Great FP&A Looks Like

[09:17] - Transitioning to Leadership

[14:49] - Balancing Change in a New Role

[18:20] - Early Leadership Challenges

[23:36] - Flexibility in FP&A

[27:03] - Playing Sponge

[34:16] - Managing Career Growth

[46:51] - The #1 Technical Skill for FP&A

[59:32] - Great Advice for FP&A

How AI, Avatars and Voice Cloning Can Be Used to Improve Finance Education and Content with Geoff Robinson

Wed, 19 Mar 2025 05:00:00 -0600

In this episode of Future Finance, hosts Glenn Hopper and Paul Barnhurst welcome Geoff Robinson, a financial expert, tech enthusiast, and founder of theinvestmentanalyst.com. Geoff shares his insights on the intersection of AI, financial markets, and digital avatars, discussing how technology is reshaping finance, training, and investment strategies.

In this episode, you will discover:

How AI powered digital avatars are transforming financial education
Why traditional financial institutions struggle to keep up with tech innovation
The role of AI agents in real time investment advice and analysis
How banks like JP Morgan are integrating AI into their operations
The ethical and reputational risks of AI generated financial content

In this episode, Geoff Robinson shared how AI, digital avatars, and automation are transforming finance. He discussed the power of AI driven training and the rise of digital investment advisors. Geoff emphasized the need for finance professionals to embrace technology and adapt quickly. Staying ahead in banking, investing, and education requires leveraging AI tools. Those who innovate will lead the future of the industry.

Follow Geoff Robinson:

LinkedIn - https://www.linkedin.com/in/geofftheinvestmentanalyst

Website - https://theinvestmentanalyst.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:55] - Introduction to the Episode

[06:39] - Innovation Challenges in Finance

[10:49] - AI in Financial Training

[15:16] - AI Avatars in Advisory Services

[19:36] - AI in Investment and Risk

[22:19] - AI-Generated Podcasts

[26:50] - Managing AI Risks and Reputation

[37:08] - Lessons Learned and Final Thoughts

[48:55] - Main Takeaway

How Excel Transformed a Beginner into a 9 Million Follower Educator with Emma Chieppor

Tue, 18 Mar 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst welcomes Emma Chieppor, founder of Excel Dictionary, a social media-driven Excel education platform with over 9 million followers. Emma shares her journey from being an actuary to becoming one of the most influential Excel educators online. She discusses the power of Excel, the challenges of running a business, and how short-form content transformed Excel learning for millions.

Emma Chieppor started her career as an actuary before launching Excel Dictionary, a platform dedicated to providing quick and practical Excel tips. Through social media, Emma has built a massive following by sharing 30-second Excel tutorials. Her expertise has helped professionals worldwide enhance their Excel skills efficiently.

Expect to Learn:

How Emma transitioned from actuary to Excel influencer
The challenges of learning Excel while starting a corporate job during COVID
Why pivot tables in financial models can be a nightmare
How Emma grew her social media following to over 9 million in less than a year
The most underrated Excel shortcuts that can save hours of work

Here are a few quotes from the episode:

“I had never really used Excel before my first job, so I had to teach myself from scratch.”
There’s no secret formula for social media. Just post good content and stay consistent.”
“If you’re learning Excel, repetition and practice are key.”

In this episode, Emma Chieppor shared her journey from actuary to Excel influencer, emphasizing consistency, hands on learning, and creativity in Excel. She highlighted the power of shortcuts, automation, and social media in making Excel more accessible. Excel is more than a tool; it is a platform for innovation and efficiency. Keep learning, stay curious, and master the skills that set you apart!

Follow Emma Chieppor :

LinkedIn - https://www.linkedin.com/in/emma-chieppor-excel-dictionary-261444235/
Website - https://excel-dictionary.com/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:30] - Introduction to the episode

[03:09] - Worst Financial Model Mistakes – Avoiding Pivot Tables

[06:43] - Emma’s Background from an Actuary to an Excel Star

[09:03] - How COVID Led to the Creation of Excel Dictionary

[13:04] - Emma’s Journey to One Million Plus Followers

[17:49] - The Importance of Consistency in Content Creation

[28:23] - Rapid-Fire Excel Questions on Excel Features

How FP&A Can Use External Data to Improve Forecasting with Jeff Casale and Rich Wagner

Thu, 13 Mar 2025 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst (The FP&A Guy) sits down with Jeff Casale and Rich Wagner to explore the role of Financial Planning & Analysis (FP&A). They discuss how AI, external data, and continuous planning are transforming the industry, making FP&A a more strategic function. The conversation covers the power of AI-driven forecasting and how businesses can leverage external economic indicators to gain a competitive edge.

Jeff Casale is the CEO of Board, a leading FP&A software company. With previous leadership roles at MarkLogic, Dell Technologies, VMware, and EMC, Jeff has a deep understanding of enterprise technology and how finance functions can drive business growth. Rich Wagner is the Field CTO at Board and the former CEO & Founder of Prevedere, a predictive analytics company that leverages external data for accurate forecasting. With over 20 years of experience in technology, consulting, and Fortune 500 leadership, Rich brings valuable expertise in the intersection of AI, finance, and business strategy.

Expect to Learn:

How AI is transforming financial planning, reducing manual work, and improving decision-making.
Why integrating external data is essential for more accurate forecasting and risk management.
Why traditional budgeting cycles are outdated and how real-time, agile forecasting is becoming the new norm.
How CEOs and finance leaders rely on FP&A teams for strategic decision-making.
How finance professionals can improve their skills and become more valuable business partners.

Here are a few relevant quotes from the episode:

“AI is revolutionizing FP&A by reducing manual work and improving time-to-value.” - Rich Wagner
“The companies that embrace continuous planning will be the winners in their industries.” - Jeff Casale
“External data helps FP&A teams anticipate risks, not just react to them.” - Rich Wagner

This episode reinforced the idea that FP&A is evolving into a strategic powerhouse. AI, external economic data, and real-time forecasting are changing how companies plan, react, and make decisions. FP&A professionals must develop both technical and strategic skills to stay relevant.

Operator’s Guild:

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Jeff:

LinkedIn - https://www.linkedin.com/in/jeffreycasale/

Board- https://www.board.com/

Follow Rich:

LinkedIn - https://www.linkedin.com/in/rich-wagner1/

Prevedere - https://prevedere.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Planning in BI Showcase:

Gone are the days of juggling multiple platforms. Now, with business intelligence tools you can integrate planning directly into your BI system. Join Paul on March 20th for the Planning in BI Showcase, where industry leaders will demonstrate how top BI tools are reshaping strategic planning. See firsthand how modern FP&A solutions can drive real value across your enterprise. Don’t miss out!

Earn Your CPE Credit

In Today’s Episode

[01:49] - Welcome & Guest Introductions

[03:53] - What Does Great FP&A Look Like?

[06:22] - Why Enter the FP&A Software Space?

[08:05] - Acquiring Prevedere: The Strategy Behind It

[14:28] - How External Data Improves Forecasting

[18:54] - How AI is Changing FP&A

[24:29] - How FP&A Teams Can Start Using External Data

[33:57] - The Shift to Continuous Planning

[41:50] - FP&A’s Role in Leadership & Decision-Making

[47:48] - The #1 Skill for FP&A Professionals

[56:33] - Who Would You Swap Jobs With?

[59:53] - Final Thoughts & Where to Learn More

How AI Search Wars Are Changing Business for Professionals to Master Perplexity and ChatGPT 4.5

Wed, 12 Mar 2025 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper talk about the latest AI developments impacting the finance and technology sectors. They discuss Perplexity AI’s rise, OpenAI’s new AI agent pricing, and how finance professionals can leverage cutting-edge AI tools to stay ahead. The growing AI browser wars, with Perplexity challenging Google and Microsoft, and the role of AI-powered financial tools like Lucid Now in transforming forecasting and decision-making for finance professionals.

In this episode, you will discover:

How Perplexity AI is competing with ChatGPT and Gemini in AI-powered search
The impact of AI-driven networking tools like Boardy on business connections
OpenAI’s AI agent pricing and why some models cost up to $20,000 per month
The AI browser wars and Perplexity’s challenge to Google and Microsoft
How finance professionals can use AI to enhance efficiency and decision-making

AI is advancing rapidly, and finance leaders must adapt to remain competitive. Whether it’s leveraging AI for research, forecasting, or automation, staying informed is key to success in this evolving landscape. As new AI tools emerge, understanding their strengths and limitations will be crucial for making informed decisions. Those who embrace AI early will gain a significant edge in efficiency, strategy, and innovation.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:32] - Perplexity AI’s rise and its impact on AI-powered search

[04:19] - Boardy’s AI networking tool and its implications for professionals

[05:51] - The risks of AI-generated content and best practices for using AI

[16:11] - AI-powered financial tools like Lucid Now and their impact on forecasting

[18:53] - Deep Research AI and how finance professionals can use it

[28:52] - Final thoughts on AI adoption in finance

Why Law Firm Revenue & Cash Flow Forecasting Is a Nightmare (and How to Solve It) with Sean Mooney

Tue, 11 Mar 2025 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst (aka The FP&A Guy) welcomes Sean Mooney, a senior financial consultant specializing in automated financial modeling for professional services. Sean shares his journey from accounting to financial modeling, the challenges of revenue forecasting for law firms, and the power of Excel automation.

Sean Mooney is the founder of SJ Finance, a consultancy specializing in financial modeling automation for professional services firms. With 12+ years of executive finance experience in the UK and Australia, Sean has built financial models that have helped businesses secure millions in funding. He is an expert in Power Query, Excel automation, and M&A financial modeling, helping companies save up to 75% of reporting time through smart automation.

Expect to Learn:

How Sean transitioned from accounting to financial modeling
The role of Power Query in automating financial modeling processes
Key revenue forecasting challenges in law firms and service businesses
Why scenario planning is critical for financial models
How financial modeling influences business strategy and decision-making

Here are a few quotes from the episode:

“Law firms have long cash cycles, so tracking work-in-progress (WIP) is absolutely critical.”
“Debt financing can sometimes be a better alternative to private equity, but many business owners don’t realize that.”
“The biggest risk in a financial model? A black hole of stagnant WIP that never turns into revenue.”

In this episode, Sean Mooney shared his expertise on how automation, Power Query, and strong forecasting techniques can transform financial models from static spreadsheets into dynamic decision-making tools. He advises financial modelers to stress-test their models, embrace automation, and always keep learning.

Follow Sean:

LinkedIn - http://www.linkedin.com/in/sean-mooney-sjf
Company - https://sjfinance.co.uk/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:24] Introduction to the Episode

[06:55] Sean’s Passion for Financial Modeling

[09:45] Guiding Clients on Financial Decisions

[15:30] Revenue Forecasting for Law Firms

[24:38] The Potential of Power Query

[30:04] Sean’s Favorite Excel Shortcuts & Tips

[31:39] Excel Nerd Moment

[34:18] Rapid-Fire Questions

[37:53] Final Advice for Financial Modelers

How AI Agents will Streamline and Eliminate Manual Work for FP&A Professionals with Albert Ramos

Thu, 06 Mar 2025 04:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst (The FP&A Guy) welcomes Albert Ramos. He shares his thoughts about financial planning and analysis (FP&A), the role of AI in finance, and how businesses can leverage predictive analytics to make better strategic decisions. They also discuss pricing strategy, AI adoption, and the growing importance of financial professionals transitioning into advisory roles.

Albert Ramos is a fractional CFO, AI strategist, and the founder of Stratego Intel Consulting, an AI-powered fractional CFO and virtual Chief AI Officer firm. With 15 years of executive leadership across finance, operations, sales, and technology, Albert has worked with publicly traded, private equity-backed, and employee-owned companies. He is a strong advocate for mental health awareness in high-pressure industries, emphasizing how AI can help reduce stress and improve efficiency.

Expect to Learn:

How AI and predictive analytics are shaping the future of finance.
Why businesses often get pricing wrong and how FP&A can help fix it.
How AI and agent-based automation are streamlining financial processes.
Transitioning into a strategic business partner and the key skills required.
How AI tools can help reduce anxiety, stress, and improve work-life balance.

Here are a few relevant quotes from the episode:

“AI won’t replace finance professionals, but those who use AI will replace those who don’t.”
“AI can enhance financial modeling, but the human element of strategic thinking is irreplaceable.”
“Companies that ignore AI today will be struggling to catch up in the next two years.”

Albert explains how AI is revolutionizing finance, why pricing strategy is critical for business success, and how finance professionals can future-proof their careers by evolving into strategic advisors. He also shared an important perspective on mental health, emphasizing how AI can help reduce stress by automating repetitive tasks, allowing finance professionals to focus on higher-value work.

Operator’s Guild:

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Albert:

LinkedIn - https://www.linkedin.com/in/albertramosjr/

Company - https://www.strategointel.com/

Email - albertramosjr@strategointel.com

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Planning in BI Showcase:

Earn Your CPE Credit

In Today’s Episode

[01:38] - Meet Albert Ramos

[04:16] - What Makes Great FP&A?

[06:56] - Pricing Strategy Mistakes & Best Practices

[15:20] - Albert’s Experience in Fitness Industry

[19:08] - Going Full-Time as a Fractional CFO

[23:19] - AI tools and agentic workflows

[28:06] - The Future of AI in FP&A

[41:43] - AI’s Impact on Mental Health & Work-Life Balance

[48:08] - How to Get Started with AI in Finance

[51:46] - FP&A Quickfire Questions

[01:00:10] - Where to Find Albert Ramos

AI and ChatGPT Skills Every Finance Expert Needs to Automate Data Analysis and Reporting |Tom Hinkle

Wed, 05 Mar 2025 04:00:00 -0600

In this episode of Future Finance, host Glenn Hopper talks about the intersection of AI, data analytics, and finance with guest Tom Hinkle. Tom is a Microsoft MVP and analytics expert who shares his unique knowledge about AI’s impact on Excel, data science, and workforce analytics. He also discusses his Minesweeper project in Excel and the changing role of finance professionals in an AI-driven world.

Tom Hinkle is a Microsoft MVP with 20+ years of experience in analytics, data science, and business intelligence. Based in Charlotte, North Carolina, Tom has worked with major financial institutions, including Bank of America, Wells Fargo, and TIAA. He is known for his problem-solving mindset, technical expertise, and ability to bridge the gap between business and technology.

In this episode, you will discover:

How AI is revolutionizing Excel and what that means for finance professionals.
The role of AI in data cleansing and automation, making finance and analytics work more efficient.
Why the best coders may not be the most valuable team members in the future of finance.
Insights on Copilot in Microsoft 365 and how it’s changing financial modeling and reporting.
The story behind Tom’s Excel Minesweeper project—how he built a game in VBA using AI.

As AI continues to automate repetitive tasks, finance professionals must adapt, refine their analytical skills, and focus on storytelling to translate data into meaningful information. Tom’s journey highlights how embracing new technologies like Microsoft Copilot can enhance productivity rather than replace human expertise.

Follow Tom:

LinkedIn - https://www.linkedin.com/in/tomhinkleclt/

Website - https://excel-cafe.teachable.com/

Minesweeper Game - https://www.thefpandaguy.com/new-page-3

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:46] - Introduction to the Episode

[03:36] - Meet Tom Hinkle

[06:07] - The Future of AI in Finance

[11:53] - AI’s Impact on Excel and Financial Modeling

[15:31] - The Skills Professionals Need in an AI-Driven World

[24:02] - Building Minesweeper in Excel with AI

[29:51] - Exploring Microsoft Copilot & AI Coding Assistants

[33:07] - The Importance of Storytelling in Data Analytics

[36:54] - Fun Segment & Tom’s Personal Quirk

[40:53] - Closing Thoughts

Building Better Biotech Financial Models and Managing Valuation Risk with Frank David

Tue, 04 Mar 2025 04:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst (aka the FP&A Guy) sits down with Frank David, an expert at the intersection of corporate strategy, clinical medicine, and biotech research. They discuss the unique challenges of financial modeling in the biopharma industry, the importance of understanding patient populations, and how drug development strategy influences financial decision-making.

Frank David is the Founder and Managing Director of Pharmagellan, a consulting firm specializing in biotech financial modeling and valuation. With a background as a physician scientist, Frank has extensive experience advising biopharma teams and investors. He also teaches at Tufts University and is the lead author of The Pharmagellan Guide to Biotech Forecasting and Valuation and The Pharmagellan Guide to Analyzing Biotech Clinical Trials.

Expect to Learn:

The unique challenges of financial modeling in biotech and pharma.
Why "small percent of a big market" is a flawed valuation approach.
How patient segmentation impacts drug development strategy.
The importance of risk-adjusted modeling and scenario planning.
How financial modeling supports strategic decision-making in biotech investments.

Here are a few quotes from the episode:

"Most early-stage biotech entrepreneurs don’t realize they need to think about who their patients actually are and what alternative treatments exist."
"In drug development, forecasting is about managing uncertainty, not predicting exact numbers."
"The clinical strategy and commercial strategy in biotech are so intertwined that modeling them separately can be misleading."

This episode explored the complexities of biotech financial modeling. Frank shared why traditional financial modeling approaches don’t always work in the biotech industry and how strategic decision-making relies heavily on understanding patient needs, regulatory pathways, and risk assessment.

Follow Frank:

LinkedIn - https://www.linkedin.com/in/frank-s-david/
Company - https://www.pharmagellan.com/
Email - frank@pharmagellan.com
Book - https://a.co/d/gf8SwzI

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:14] - Introduction to the Episode

[02:02] - Meet Frank David

[04:17] - Financial Modeling Horror Story

[09:38] - Understanding Biotech Financial Models

[13:57] - Biotech Forecasting and Valuation

[18:15] - Where to Start When Analyzing a Drug Project

[24:52] - Risk-Adjusted Modeling in Biotech

[32:01] - Advice for Modelers in Biotech

[40:56] - Fun & Rapid-Fire Questions

[49:32] - How to Connect with Frank David

How AI is Being Used by FP&A professionals & Implemented by Software Vendors with Vena CTO Hugh Cumming

Thu, 27 Feb 2025 04:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst, aka The FP&A Guy, sits down with Hugh Cumming, the CTO of Vena Solutions. They explore how AI and technology are transforming financial planning and analysis (FP&A) by discussing real-world AI implementations. With over 20 years of experience in fintech and digital transformation, Hugh shares his perspectives on AI-driven efficiency, the evolving role of FP&A professionals, and the future of Excel in financial modeling.

Hugh Cumming is the Chief Technology Officer (CTO) at Vena Solutions, a leading FP&A platform for Excel users. Hugh has led global teams in engineering, UX, cloud computing, and AI-driven innovation at companies like Finastra, SecureKey Technologies, ADP Canada, and Manulife. Hugh talks about his passion for using technology to drive efficiency and smarter decision-making, and helping to overcome change resistance in finance teams

Expect to Learn:

How AI is reshaping FP&A workflows and automating financial reporting.
The role of AI-powered copilots in driving business efficiencies.
Why change resistance in FP&A is common and how to overcome it.
The future of Excel, Python, and automation in financial modeling.
Practical advice for FP&A professionals to prepare for AI-driven changes.

Here are a few relevant quotes from the episode:

“One of the biggest barriers to AI adoption in FP&A is simply finding the time to implement it.”
“AI-driven tools should feel like an extension of your team, not an external system you have to fight against.”
“When you start using AI for small tasks, you quickly realize how much time you’ve been wasting on manual work.”

Hugh Cumming provided incredible knowledge about how AI-powered tools like Vena Copilot are helping finance teams become more efficient, strategic, and data-driven. Excel isn’t going anywhere, but it’s getting smarter. AI isn’t replacing people, but it’s making their work more valuable. As Hugh emphasized, those who adapt and leverage these innovations will thrive in the evolving financial landscape.

The AFP FP&A Forum:

The Association for Financial Professionals FP&A Forum, March 17–19 in Austin, is the must-attend event for finance professionals seeking sales-free, expert-led insights on AI, process efficiency and strategic planning. With 18+ actionable sessions and a community of peers, this forum is all about real learning, no fluff—join us and take your finance game to the next level.

Explore the agenda: https://bit.ly/40W1eCh

Use the code FPAGuy2025 for $200 off: https://bit.ly/40Cts3B

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Hugh:

LinkedIn - https://www.linkedin.com/in/hughwcumming/

Company - https://www.venasolutions.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Planning in BI Showcase:

Earn Your CPE Credit

In Today’s Episode

[01:44] - Meet Hugh Cumming

[02:53] - What Does Great FP&A Look Like?

[06:27] - Hugh’s Early Start with Programming

[09:38] - The Rise of AI in FP&A

[14:44] - Vena’s Vision for AI in FP&A

[19:28] - Managing AI Hallucinations & Building Trust

[26:23] - Real AI Use Cases in FP&A

[29:13] - Advice for FP&A Professionals on AI Adoption

[32:42] - The Future of Excel & AI

[35:18] - Rapid-Fire Questions

[42:54] - Closing Thoughts & Where to Connect

How AI Training on Fake Data is Creating Automation Failures for Tech Leaders with Adam Shilton

Wed, 26 Feb 2025 04:00:00 -0600

In this episode of Future Finance, hosts Glenn Hopper and Paul Barnhurst sit down with Adam Shilton, a digital transformation expert, TEDx speaker, and founder of Shilton Digital. They explore the intersection of AI, automation, and business efficiency, discussing how leaders can leverage digital tools to replace manual work with more meaningful, impactful tasks. The conversation also focuses on the risks and challenges of AI-generated content, synthetic data, and the future of AI-driven business solutions.

Adam Shilton is a leading voice in digital automation, specializing in helping businesses streamline operations using AI-powered systems. As the founder of Shilton Digital and a sought-after speaker, Adam brings interesting knowledge about the importance and role of AI in modern workplaces.

Expect to Learn

The potential and limitations of AI-generated content in podcasts and media
How AI tools like Notebook LM can assist in decision-making and business analysis
The risks of AI models training on synthetic data and the potential for misinformation
How businesses can effectively integrate AI without fully outsourcing decision-making
The future of AI-driven automation, including domain-specific AI agents

The real value of AI lies not in outsourcing thinking, but in amplifying our ability to innovate, streamline, and create. As businesses navigate the digital transformation, the key isn’t just to adopt AI blindly, but to use it as a strategic partner.

Follow Adam:

LinkedIn - https://www.linkedin.com/in/adamshiltontech/

Website - https://www.adamshilton.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:29] - Adam’s experiment with AI in comparing ERP systems.

[02:29] - The Risks of AI-Generated Content

[03:33] - AI Training on Synthetic Data

[05:24] - Digital Data vs. Human Knowledge

[07:23] - The Importance of Keeping AI Creative

[08:36] - AI as a Support Tool, Not a Replacement

[09:59] - The Future of AI Agents and Domain-Specific Models

Financial Modeling Frameworks to Build Error-Free Models In Excel Using SIMPLE Method

Tue, 25 Feb 2025 04:00:00 -0600

In this episode of Financial Modeler's Corner, host Paul Barnhurst sits down with Babatope Agbeyo, a corporate trainer with extensive experience in financial modeling, Excel, and valuation. Babatope shares about his "SIMPLE" modeling framework, experiences in financial advisory at Deloitte, and lessons from training over 3,000 professionals globally. He also discusses his passion for keeping financial models structured, logical, and error-free.

Babatope Agbeyo is a financial modeling expert and corporate trainer who has worked across multiple industries, including telecom, manufacturing, oil & gas, and tech. With experience at Deloitte and D Brown Consulting, he has reviewed and audited countless financial models, refining his approach through his "SIMPLE" modeling framework. Babatope is a certified AFM and FMVA and is passionate about making financial modeling more structured and effective.

Expect to Learn:

The importance of keeping financial models simple and structured
Babatope’s SIMPLE modeling framework and how it improves modeling efficiency
Common financial modeling mistakes and how to avoid them
How to effectively audit financial models using the PAINS approach
The best industries for financial modeling and which ones are the most challenging

Here are a few quotes from the episode:

"A great financial model should be modular, meaning each calculation block is distinct and easy to read."
"Most errors I find in financial models come from poor calculations and linking mistakes."
"A well-structured financial model should be easy to read, navigate, and troubleshoot."

Financial modeling isn't just about crunching numbers, it's about telling a story with data, making informed decisions, and ensuring accuracy at every step. Babatope’s SIMPLE framework and PAINS approach remind us that clarity and structure are just as important as technical skill. If you’ve ever struggled with a model that just wouldn’t balance, or spent hours troubleshooting an error, this episode is a must-listen.

Follow Babatope:

LinkedIn - https://www.linkedin.com/in/babatopesamuelagbeyo/
Email - babatopesamuelagbeyo@gmail.com

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:18] Introduction to the Episode

[03:39] Financial Modeling Horror Story

[05:28] Lessons from Working with David Brown

[07:15] What It’s Like Working at Deloitte

[09:48] The SIMPLE Framework

[14:06] The Art of Teaching Financial Modeling

[16:16] Preparing for the AFM Exam

[21:16] The PAINS Approach to Auditing Models

[24:20] Excel Shortcuts & Unique Modeling Use Cases

[26:08] Biggest Career Lesson

[28:58] Rapid-Fire Questions

[33:38] Final Advice

[34:46] Where to Connect with Babatope

Why FP&A Fails at Supporting Go-To-Market and How to Fix it with Chris Walker

Thu, 20 Feb 2025 04:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst (aka "The FP&A Guy") sits down with Chris Walker to explore the intersection of finance, marketing, and sales. They break down why most companies struggle with measuring the return on go-to-market investments and how finance teams can step up to own and optimize this critical function. Chris shares his unconventional yet data-driven approach to revenue operations, highlighting how traditional marketing and sales attribution models are broken and what companies should do instead.

Chris Walker is a visionary in B2B go-to-market strategies. As the CEO of Pasetto and Executive Chairman of Refine Labs, he is shaping the future of revenue operations by integrating finance, marketing, and sales intelligence. With years of hands-on experience in sales, marketing, and finance, Chris brings a unique perspective to understanding and improving go-to-market efficiency.

Expect to Learn:

Why go-to-market investments are often misallocated and how finance can take ownership of optimizing them.
The biggest mistakes companies make when measuring marketing ROI and sales effectiveness.
How finance leaders can work more strategically with marketing and sales teams to drive profitable growth.
The importance of rethinking attribution models and revenue operations frameworks.
Why Chris believes that FP&A should play an offensive, not defensive, role in shaping business strategy.

Here are a few relevant quotes from the episode:

“Finance leaders need to stop looking at marketing as an expense and start seeing it as an investment portfolio.”
“Marketing attribution models are fundamentally broken because they try to divide credit rather than measure impact.”
“Go-to-market investments are often misallocated because finance and marketing don’t speak the same language.”

In this episode, Chris Walker delivers a wake-up call to finance and revenue leaders, urging them to rethink how they measure and optimize go-to-market investments. If FP&A wants to drive better business decisions, it must stop looking at marketing as an expense and start managing it like an investment portfolio. By adopting a data-driven, strategic approach to go-to-market, finance teams can help their companies grow more efficiently and profitably.

The AFP FP&A Forum:

Explore the agenda: https://bit.ly/40W1eCh

Use the code FPAGuy2025 for $200 off: https://bit.ly/40Cts3B

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Chris:

LinkedIn - https://www.linkedin.com/in/chriswalker171/

Company - https://www.passetto.com/

Website - https://www.refinelabs.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Planning in BI Showcase:

Earn Your CPE Credit

In Today’s Episode

[01:35] - Introduction to the Episode

[03:33] - What Great FP&A Looks Like

[04:43] - Why Go-to-Market Efficiency is Broken

[07:23] - The Role of FP&A in Go-to-Market

[11:01] - Rethinking Marketing & Sales Attribution

[18:36] - The Shift from Growth-at-All-Costs to Efficiency

[26:40] - Chris’s Companies & Their Mission

[33:41] - Practical Steps To Better Understand Go-to-Market

[41:06] - Evaluating Marketing Investments

[48:10] - The Right Way to Measure Content Marketing

[53:15] - Content Strategy for Business Growth

[58:34] - Inbound And Outbound Marketing Strategies

[01:10:47] - Final Thoughts & Wrap-up

Financial Modeling Insights for Startups Seeking Venture Capital with Andres Klaric

Tue, 18 Feb 2025 04:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst welcomes Andres Klaric, the co-founder and co-CEO of Fuse. In their conversation, Andres discusses common financial modeling mistakes, how startup models differ from corporate M&A models, and what investors truly look for when evaluating projections. He also shares firsthand experiences on navigating the fundraising process, balancing work ethic with personal life, and the strategic approach to scaling a company.

Andres Klaric is the co-founder and co-CEO of Fuse, a next-generation loan origination system designed to streamline lending for financial institutions through self-serve customization, a low-code API builder, and personalized agent portfolios. Andres shares his journey from investment banking and private equity to launching a fintech startup that’s reshaping loan origination. He provides insights into financial modeling for startups, securing venture capital, and the critical lessons he’s learned from Wall Street.

Expect to Learn:

The biggest mistakes and horror stories in financial modeling.
How startup financial models differ from corporate M&A models.
The key factors venture capitalists look for in startup projections.
Lessons from private equity and investment banking that shaped Andres as a CEO.
The art of balancing complexity and simplicity in financial modeling.

Here are a few quotes from the episode:

“The biggest mistake in startup modeling? Overcomplicating things when simple assumptions will do.”
“Modeling for investors and modeling for internal operations are two completely different things.”
“A bad financial model won’t kill your startup, but a bad go-to-market strategy will.”

This episode with Andres Klaric was packed with insights on financial modeling, fundraising, and the lessons learned from both Wall Street and the startup world. From the importance of keeping financial models simple to navigating investor expectations, Andres provided a masterclass on startup finance and strategic thinking. Hard work, strategy, and the ability to adapt will always outweigh an over-engineered spreadsheet.

Follow Andres:

LinkedIn - https://www.linkedin.com/in/andresklaric/
Company: https://www.fusefinance.com/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:59] - Worst Financial Model Horror Stories

[08:57] - The Journey to Founding Fuse

[11:53] - Lessons from Wall Street

[18:07] - Financial Modeling for Startups

[23:05] - How VCs Evaluate Startup Models

[25:06] - Fundraising Strategies & Finding the Right Investors

[32:07] - Rapid-Fire Financial Modeling Q&A

[42:34] - Final Advice & Closing Thoughts

Business Partnering Strategies for Women in FP&A to Influence Decisions and Get Promoted with Ritu Saxena

Thu, 13 Feb 2025 04:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst (aka The FP&A Guy) sits down with Ritu Saxena, a chartered accountant, career coach, and founder of Project Upgrade Her. Ritu shares insights on transitioning into business partnering, building a strong personal brand, and empowering women to elevate their careers with confidence.

Ritu is an accomplished finance professional and career coach with over 13 years of experience spanning investment banking, Big Four consulting, and commercial finance in India and New Zealand. She is the founder of Project Upgrade Her, a platform dedicated to helping women increase their career confidence and earning potential. Ritu has also been recognized as one of the Top 20 Chartered Accountants to Watch in Australia and New Zealand.

Expect to Learn:

Going beyond budgeting and forecasting to provide strategic insights.
How to transition into business partnering and key skills required.
Why it’s essential for career growth to build a strong personal brand.
The power of networking and how it can open unexpected doors in your career.
Strategies for advocating for yourself and stepping into leadership roles.

Here are a few relevant quotes from the episode:

“Meeting people where they are and speaking their language is what makes a great business partner.”
“The ability to be concise and communicate the ‘why’ behind the numbers is an underrated but essential skill.”
“Trust is built when you consistently deliver value, flag risks proactively, and help stakeholders make better decisions.”

Ritu shared invaluable advice on transitioning into business partnering, building a strong personal brand, and taking control of your career growth. She highlights the importance of advocating for yourself and never letting your job title define your potential.

The AFP FP&A Forum:

Explore the agenda: https://bit.ly/40W1eCh

Use the code FPAGuy2025 for $200 off: https://bit.ly/40Cts3B

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Ritu:

LinkedIn - https://www.linkedin.com/in/ritusaxena1/

Company - https://www.projectupgradeher.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Planning in BI Showcase:

Earn Your CPE Credit

In Today’s Episode

[02:25] - Introduction to Ritu Saxena

[04:04] - What Makes Great FP&A?

[07:06] - Ritu’s Unconventional Career Path

[11:51] - Project Upgrade Her: A Mission to Empower Women

[16:51] - Breaking Into Business Partnering

[24:52] - The Three Key Skills for Business Partnering Success

[33:28] - Personal Branding for Career Growth

[45:36] - Must-Have FP&A Skills

[48:40] - Fun Segment: Getting to Know Ritu

[52:31] - Final Advice from Ritu

DeepSeek AI Shakes Finance as China Challenges OpenAI and Nvidia’s Market Lead

Wed, 12 Feb 2025 04:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper talk about the latest AI advancements shaking up the finance and tech industries. They discuss China’s new AI model DeepSeek and the evolving landscape of AI-powered finance tools. The discussion breaks down what’s happening, what it means for businesses, and how finance leaders should navigate the AI revolution.

In this episode, you will discover:

The impact of DeepSeek, China's new AI model, on the global market and major tech stocks.
The data security concerns surrounding AI tools, including the latest ChatGPT data breach.
A discussion on Gemini 2, Google's AI model, and how it stacks up against competitors.
The rise of AI productivity tools like Operator, Deep Research, and AI-powered finance assistants.
Why CFOs and finance professionals must embrace AI now and how to integrate it effectively.

AI is moving at an unprecedented speed, reshaping industries, markets, and the way we work. For finance professionals, the challenge is no longer if AI will play a role, but how to use it effectively. Whether it’s choosing the right tools, navigating security concerns, or leveraging automation, those who adapt will gain a competitive edge.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:27] - DeepSeek’s sudden market entry and its impact

[03:44] - Data Security Concerns with AI

[08:24] - Gemini 2 & AI Benchmarks

[09:25] - Exploring New AI Productivity Tools

[14:15] - Practical Advice for CFOs on adopting AI

[16:14] - The Future of AI Automation & RPA for Everyone

[17:26] - Wrapping Up & Looking Ahead

The Role Of Financial Modeling In Investing With Author Of "Why Does The Stock Market Go Up?" Brian Feroldi

Tue, 11 Feb 2025 04:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst sits down with financial educator and author Brian Feroldi. They discuss the fundamentals of stock investing, financial modeling, and how to identify high-quality companies. Brian shares insights from his investing journey, his investing checklist, and his thoughts on valuation, competitive advantages, and the role of financial models in investment decisions.

Brian Feroldi is a financial educator, investor, and author dedicated to demystifying the stock market. With nearly two decades of investing experience, Brian has written over 3,000 articles on stocks, personal finance, and investing. His best-selling book “Why Does the Stock Market Go Up?” explains market fundamentals in simple terms. Through his YouTube channel, social media presence, and educational content, Brian helps investors make smarter decisions by focusing on business quality, valuation, and long-term investing strategies.

Expect to Learn:

Why financial models depend on good assumptions and how they can be manipulated
The biggest mistakes investors make and how to avoid them
How Brian analyzes financial statements and what metrics he prioritizes
The five key types of competitive advantages (EMOTs) in business
How to build an investing checklist to guide stock selection

Here are a few quotes from the episode:

“When I invest, I’m looking for businesses that can outperform even the most bullish expectations.”
“Understanding where a company is in its business lifecycle is critical to valuation.”
“The biggest mistake people make is using the wrong valuation model for the wrong type of company.”

Brian’s emphasis on having a structured investing checklist, focusing on competitive advantages, and choosing the right valuation method for the right stage of a company’s lifecycle highlights the importance of strategy over speculation. If you're looking to improve your investing game, start by educating yourself, refining your process, and remembering that patience often wins the race.

Follow Brian:

LinkedIn - https://www.linkedin.com/in/brianferoldi/
Website - https://www.brianferoldi.com/
Email - brian@brianferoldi.com
YouTube - https://www.youtube.com/brianferoldiyt
Book - https://a.co/d/3gS5JZL

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:02] - Introduction to Guest Brian Feroldi

[06:35] - Brian’s Investing Journey and Early Mistakes

[10:19] - Brian’s Checklist for Evaluating Companies

[15:41] - The Financial Statement Analysis

[20:24] - Competitive Advantages (EMOTs)

[29:50] - Advice to Begin Investing in the Market

[31:20] - Common Investor Mistakes

[33:51] - Valuation Models & Growth Cycles

[41:36] - Final Advice & Book Recommendations

[42:55] - Where to Find Brian

How Finance Leaders Can Overcome Burnout, Find Purpose & Love Mondays in FP&A with Ron Monteiro

Thu, 06 Feb 2025 04:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst, known as "The FP&A Guy," welcomes returning guest Ron Monteiro. Ron is a seasoned finance professional turned author who shares highlights from his new book, Love Mondays!, which looks into finding joy in your work life, particularly in the finance and FP&A sectors. Together, they explore how mindset, workplace culture, and personal development play pivotal roles in career satisfaction.

Ron Monteiro is a finance veteran with over 20 years of experience in FP&A roles at companies like Kraft, Campbell Soup, and Kruger Products. He has served as VP of Finance and is now an entrepreneur focused on teaching storytelling and communication in finance. Ron's journey from a shy, anxious teenager in Kenya to leading meetings with CEOs is a testament to his growth and resilience. His latest book, Love Mondays!, aims to help people across all professions find joy in their work and personal lives.

Expect to Learn:

The story behind Love Mondays! and how Ron transitioned from corporate finance to author.
Why attitude and environment are equally important in finding fulfillment at work.
Practical steps to identify your purpose using frameworks like Ikigai.
How networking and mentorship can transform your career trajectory.
Strategies to avoid burnout in demanding FP&A roles and maintain a healthy work-life balance.

Here are a few relevant quotes from the episode:

“A boss can make or break your experience early in your career, but as you grow, it’s the culture and mentors that shape you.”
“Gratitude is a game-changer. It’s hard to be unhappy when you’re focused on what’s going well.”
“Surround yourself with people who uplift you. The right network can open doors you didn’t even know existed.”

It’s clear that loving your work and yes, even your Mondays is about more than just the role you’re in. It’s about your mindset, your environment, and the intentional steps you take toward fulfillment. Whether you're deep in FP&A or exploring a completely different path, Ron’s four-step framework offers a roadmap to not just surviving your workweek but truly thriving in it.

The AFP FP&A Forum:

Explore the agenda: https://bit.ly/40W1eCh

Use the code FPAGuy2025 for $200 off: https://bit.ly/40Cts3B

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Ron:

LinkedIn - https://www.linkedin.com/in/ronmonteiro18/

Check out Book: Love Mondays! - https://lovemondaysbook.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Planning in BI Showcase:

Earn Your CPE Credit

In Today’s Episode

[01:29] - Introduction to the Episode & Guest

[02:12] - Ron's Journey: From Kenya to Finance Leadership

[04:12] - Inspiration Behind the Book - Love Mondays!

[05:13] - Do Finance Professionals Love Mondays?

[07:55] - The Role of Bosses and Company Culture

[10:09] - The Power of Networking and Building Career Resilience

[14:08] - Burnout in FP&A and Taking Control

[19:06] - The Four-Step Framework to Love Mondays!

[30:23] - Practical Advice for Career Shifts

[43:57] - Final Thoughts & Where to Find Love Mondays!

How CFOs Can Slash IT Waste and Maximize ROI with an Efficiency Mindset with Ben DeBow

Wed, 05 Feb 2025 04:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper sit down with Ben DeBow who is a trailblazer in technology efficiency and sustainability. Ben is at the forefront of helping businesses optimize their tech investments while balancing environmental impacts. His book, End of Abundance in Tech (Forbes Books, 2023), challenges conventional IT practices and advocates for a more sustainable, efficient approach to technology.

Ben is a serial entrepreneur, author, and advocate for leveraging technology efficiently and sustainably. Through his companies, Fortified Data and Fortified, he helps organizations streamline data management and tech investments. Ben also hosts the Tech Evaluation podcast, where he discusses pressing tech challenges with industry leaders. With dual degrees in Information Systems and Accounting from the University of Cincinnati, Ben bridges the gap between finance and technology, offering unique insights into how organizations can thrive in the digital age.

In this episode, you will discover:

How technology spending has shifted from 2-3% of revenue to a major line item in company budgets.
The concept of “tech debt” and how it silently eats into company resources.
Why understanding the true cost of digital services is critical for CFOs.
The environmental impact of AI and cloud computing, and how efficiency can mitigate it.
Practical strategies for aligning IT and finance teams for better ROI on tech investments.

Ben’s knowledge highlights the importance of adopting an efficiency mindset, not just to control budgets, but to create sustainable, long-term value. By aligning IT strategies with business goals and fostering better communication between finance and tech teams, organizations can optimize their technology investments without compromising growth or sustainability.

Follow Ben:

LinkedIn - https://www.linkedin.com/in/bendebow/

Website - https://bendebow.com/

Company - https://fortified.com/

End of Abundance in Tech - https://a.co/d/iu0FqG0

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:53] Ben DeBow’s background

[04:44] The Rising Cost of Technology

[07:12] Inefficiencies in IT Systems

[11:43] Subscription Creep & SaaS Spending

[14:12] Aligning Tech with Business Value

[19:11] Environmental Impact of Technology

[28:08] Fortified Data & SaaS Solutions

[30:07] Future Trends in Tech Efficiency

[34:51] Fun Questions for Ben

[39:30] Conclusion and Final thoughts

Discover How Financial Modelers Are Using Copilot and ChatGPT with Global Expert Kenny Whitelaw-Jones

Tue, 04 Feb 2025 04:00:00 -0600

In this episode of Financial Modelers Corner, host Paul Barnhurst, aka The FP&A Guy, looks into the transformative impact of Artificial Intelligence on financial modeling. The discussion explores how AI is reshaping the industry, the challenges and opportunities it brings, and what financial modelers can expect in the coming years.

Kenny Whitelaw-Jones who is the founding partner at Gridlines joins the show. As a leading expert in project finance modeling, Kenny has played a pivotal role in shaping financial modeling standards globally. With over a decade of experience training blue-chip clients and developing complex models, he brings invaluable insights into how AI is poised to revolutionize financial modeling.

Expect to Learn:

How AI is expected to significantly impact financial modeling, with Kenny's recent industry survey.
The current limitations of AI tools like ChatGPT in financial modeling and where they excel.
How project finance modeling differs from other types of financial modeling, and why Kenny finds it exciting.
The importance of soft skills and communication in the evolving role of financial modelers.
The future skills financial modelers will need to stay ahead in an AI-driven world.

Here are a few quotes from the episode:

"In the future, the routine tasks will be automated, and modelers will focus more on strategic, value-adding activities."
"Being a good modeler isn’t just about Excel skills. It’s about interpreting data and communicating results effectively."
"The change AI brings is inevitable because as soon as we can imagine it, someone will figure out how to make it happen."

As AI continues to evolve, it's clear that financial modeling is on the brink of a major transformation. Kenny Whitelaw-Jones shared not just the technical impacts we can expect from AI, but also how the role of financial modelers will shift toward strategic thinking, business interpretation, and effective communication. While tools like ChatGPT and Copilot are making waves, it’s the human element that will remain irreplaceable.

Follow Kenny:

LinkedIn - https://www.linkedin.com/in/kennywhitelawjones/
Website - https://www.gridlines.com/
Email - kenny@gridlines.com

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:46] – Meet Kenny Whitelaw-Jones

[02:35] – The Worst Financial Model Encountered

[05:43] – Why Project Finance and Renewables?

[10:04] – Survey for AI in Financial Modeling

[14:58] – ChatGPT vs. Copilot

[18:57] – Excel Innovations & the Future of Modeling

[22:34] – The Future of Financial Modeling with AI

[26:50] – Soft Skills & the Evolving Role of Financial Modelers

[33:51] – Rapid-Fire Round

[40:51] – Life Beyond Financial Modeling

[43:48] – Final Thoughts & How to Connect with Kenny

80/20 Rule for FP&A Experts to Transform Decision-Making Through Analytics with Andrew Hull

Thu, 30 Jan 2025 04:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst talks with Andrew Hull, a seasoned finance leader in the consumer packaged goods (CPG) industry. They explore the role of FP&A professionals in driving business results, navigating inflation, and transitioning from traditional budgeting to impactful analytics.

Expect to Learn:

The three pillars of great FP&A: technical skills, storytelling, and actionable decisions.
Why Andrew advocates for changing FP&A to “FA&P” and focusing more on analytics.
Lessons learned from leading finance during the pandemic.
Key metrics for success in the distribution industry, including variable margin and truck utilization.
Practical advice for accelerating budget processes and focusing on analytics that drive results.

Here are a few relevant quotes from the episode:

"The most value FP&A can add is when we take complex data and distill it into actionable insights." - Andrew Hull
"Variable margin is the backbone of understanding financial performance in a distribution business."- Andrew Hull
"A one-page visual with clear recommendations is the best way to communicate with executives."- Andrew Hull

In this episode, Andrew Hull shared a wealth of knowledge for FP&A professionals including rethinking the role of analytics to the importance of actionable storytelling. His practical advice on managing inflation, leading during a crisis, and accelerating the budgeting process offers valuable lessons.

FP&A Your Way with Paris Technologies:

PARIS Technologies delivers an enterprise planning platform in Excel, which makes FP&A work a breeze! Centralize and consolidate cloud data into a self-service, collaborative modeling environment featuring the everyday spreadsheet. Visit PARIS Tech for FP&A Your Way!

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Andrew:

LinkedIn - https://www.linkedin.com/in/andrewhull4/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Enroll for Wharton Online Certificate Program:

Sign up for the 8 week online financial planning & analysis certificate program by Wharton Online and learn the art of forecasting, analysis, business partnering and financial storytelling: https://bit.ly/4debs46 Use Code: THEFPAGUY300 to save $300.

Earn Your CPE Credit

In Today’s Episode

[01:59] - Meet Andrew Hull

[02:50] - Redefining Great FP&A

[06:46] - Career Highlights in CPG

[10:35] - Leading Finance at UNFI Canada

[18:55] - Managing Inflation with Analytics

[22:24] - The Art of Storytelling in FP&A

[35:47] - Revolutionizing the Budget Process

[51:20] - Beyond Work: Hobbies and Passions

[58:07] - Closing Thoughts

Why Auditors Struggle to Adopt Generative AI and How to Fix It with Jason Pikoos

Wed, 29 Jan 2025 04:00:00 -0600

In this highlights episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper discuss generative AI in finance and accounting with Jason Pikoos. As industries adopt AI for efficiency and innovation, they must also understand the challenges like audit readiness, compliance, and explainability. Our guest, Jason Pikoos, unpacks the complexities of using AI in financial operations and what it takes to align emerging technologies with rigorous audit standards.

This episode focuses on the need for finance professionals to stay informed and proactive as the industry grapples with the opportunities and risks of AI. AI Technology continues to revolutionize finance, but auditors face an uphill battle in adapting to this unpredictable and rapidly evolving technology. The black-box nature of AI, combined with its non-deterministic outputs, challenges traditional auditing methods that rely on consistency and explainability. Without clear guidance from regulatory bodies like the PCAOB, companies are left navigating a landscape where the rules are yet to be written.

Expect to Learn

Why generative AI presents unique challenges for audit and compliance.
How companies can implement AI while staying audit-ready and minimizing risk.
The importance of “reperformance” and ongoing validation for AI systems.
Real-world examples of companies navigating AI implementation in finance.
Predictions for the future of audits, including real-time monitoring powered by AI.

Jason Pikoos emphasizes the importance of cautious adoption, ongoing validation, and strategic planning to bridge the gap until formal frameworks are established. While the potential of AI to transform audits is undeniable, the journey will require auditors, companies, and regulators to work together to define how trust and compliance are maintained in this new era.

Follow Jason:

LinkedIn - https://www.linkedin.com/in/jason-pikoos/

Connor Groups - https://p.connorgp.com/l/

Governance Framework - https://uploads-ssl.webflow.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:09] – Challenges of Using AI in Auditing

[01:11] – Current Gaps in Audit Guidance for AI

[02:13] – The Role of Reperformance in AI Validation

[03:28] – Balancing AI Adoption with Audit Risks

[04:20] – Lessons from Real-World AI Implementation

[06:15] – The Future of Finance and AI

[06:32] – Final Thoughts and Key Takeaways

Named Ranges and External Links Fixes for Finance Professionals to Build Accurate Models - Joel Steendam

Tue, 28 Jan 2025 04:00:00 -0600

In this episode, host Paul Barnhurst aka The FP&A Guy looks into Excel expertise with Joel Steendam. Joel shares his global experiences, technical know-how, and practical advice to improve Excel proficiency and financial modeling outcomes. Their conversation covers Excel tools, design principles, and the importance of curiosity and cultural awareness in professional success.

Joel Steendam is a global Excel expert and educator with a passion for helping professionals create better financial models. As a key member of PerfectXL, he develops software to improve spreadsheet quality, mitigate risks, and promote best practices in Excel. With a multicultural background and years of experience in financial modeling, Joel blends technical expertise with a deep understanding of how culture influences collaboration and problem-solving.

Expect to Learn:

Worst financial models and how to fix common spreadsheet issues.
Why named ranges and documentation are essential in financial modeling.
How Joel’s multicultural upbringing has shaped his professional approach and success.
Practical advice on staying curious and learning new Excel skills.
The role of tools like PerfectXL in auditing and improving spreadsheet quality for financial modeling.

Here are a few quotes from the episode:

"Even best practices, when misused, can have a massive negative impact on Excel models."
"PerfectXL’s tools focus on mitigating risks and improving model quality by emphasizing structure and consistency."
"If you build something on Monday that you don’t understand by Wednesday, you’re not building the right thing."

Joel Steendam shared his expertise on improving Excel models, staying curious, and navigating the challenges of financial modeling. Financial models are powerful decision-making tools, but they’re only as effective as their structure and design allow them to be. Joel provided invaluable lessons for both beginners and experienced modelers on structure, documentation, and tools.

Follow Joel:

LinkedIn - https://www.linkedin.com/in/joel-steendam/
Website - https://www.perfectxl.com/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:49] - Introduction and Meet the Guest

[02:49] - Horror Stories in Financial Models

[04:28] - Key Takeaways from Bad Models

[06:45] - Joel’s Global Background

[10:18] - PerfectXL and Best Practices in Excel

[14:56] - Staying Updated on Excel

[18:03] - Advice for Beginners in Excel

[29:14] - Balancing Excel’s Flexibility and Risks

[36:12] - Fun Projects in Excel

[38:38] - Rapid-Fire Questions

[48:26] - Final Advice for Financial Modelers

FPAC vs Wharton - Which is the Best FP&A Certification for Career Growth with Paul Barnhurst?

Thu, 23 Jan 2025 04:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst, aka "The FP&A Guy," provides a complete guide to FP&A certifications and programs. He offers valuable information into their structure, benefits, costs, and ideal candidates. The conversation covers leading certifications like the FPAC by AFP, Wharton’s FP&A Certificate Program, FMI’s Advanced Financial Modeler (AFM), and more. Paul provides discount codes for many of the programs in the show notes below. You can also find a complete written analysis of each certificate on his website: FP&A Certifications — The FP&A Guy

With a career marked by expertise in FP&A, Paul answers what certifications can help advance your career in FP&A. Paul compares these options, emphasizing their focus on technical skills, networking opportunities, and career applicability. He also shares personal experiences with several programs, highlighting their strengths and areas for improvement.

Expect to Learn:

A detailed comparison of leading FP&A certifications.
Key differences between training programs and certification exams.
Insights into lesser-known but impactful programs like the Certified Global FP&A Professional.
Recommendations for financial modeling programs, including those from FMI and CFI.
Tips for navigating costs, preparation, and maximizing the value of FP&A certifications.

Here are a few relevant quotes from the episode:

"Certifications are not mandatory, but they can help you stand out in a competitive field."
"Wharton’s FP&A Certificate Program is a great option for building both technical and interpersonal skills."
"Most certifications will require a significant time investment, so choose the one that aligns with your goals."

Certifications are valuable but they’re just one part of your professional journey. The real goal is to continuously enhance your skills, adapt to industry changes, and become an indispensable business partner. If you have questions or need guidance, feel free to reach out at https://www.thefpandaguy.com/fpa-certifications

FP&A Your Way with Paris Technologies:

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Explore the resources and discounts available:

Certified Corporate FP&A Professional (FPAC) from Association of Financial Professionals (AFP) - FPAC Program

The longest-established FP&A credential that validates your expertise. Ideal for early-career professionals or those transitioning into FP&A.
Use Code Exam: TheFPAGuy-FPAC – Exam for $150 Discount
Use Code Exam Prep Platform: TheFPAGuy-FPACEPP – Exam Prep Platform for $100 Discount

Certificate of FP&A from Wharton Online and Wall Street Prep - https://secure.enroll.wharton.wallstreetprep.com/referral/

A cohort-based training program designed to build technical and soft skills, with networking opportunities and industry-leading instructors.
Use Code: THEFPAGUY300 – $300 Program Discount

Global Certified FP&A Professional (CGFPA) from FP&A Professionals Institute (FPI) - Certified Global FP&A Professional (CGFPA) | FP&A Professionals

A six-month, live coaching program ideal for finance and accounting professionals. Accessible globally, with a strong foundation in core FP&A skills.
Use Code: FPAGUY - $200 Program Discount

Advanced Financial Modeler (AFM) by Financial Modeling Institute - Financial Modeler's Corner Podcast - FMI

Certification focused on building integrated, best-practice financial models. Recognized as a gold standard for demonstrating modeling proficiency.
Use Code: Podcast for a 15% Program Discount

Corporate Finance Institute (CFI) Programs

The program offers certifications such as the Financial Modeling & Valuation Analyst (FMVA) and FP&A specialization. These focus on modeling and technical skills with flexible self-paced learning.
Check it out at https://corporatefinancialinstitute.pxf.io/c/6003589/1951334/23723

Financial Planning & Analysis Modeling (CFPAM) Program from Wall Street Prep - Certification in Financial Planning & Analysis Modeling (CFPAM™) | Wall Street Prep

A cost-effective, self-paced program emphasizing budgeting and three-statement modeling. Best suited for those wanting targeted technical training.

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Earn Your CPE Credit

In Today’s Episode

[01:57] - Overview of FP&A Certifications

[03:26] - Certified Corporate FP&A Professional (FPAC)

[12:42] - Wharton FP&A Certificate Program

[17:50] - Certified Global FP&A Professional (CGFPA)

[21:17] - Corporate Finance Institute (CFI) FP&A Programs

[28:03] - Wall Street Prep’s Financial Planning & Analysis Modeling (CFPAM)

[31:38] - Advanced Financial Modeler (AFM) by FMI

[37:08] - How to Choose Certification vs. Training

[40:02] - Final Thoughts and Resources

Generative AI in Auditing for Accountants to Master Compliance and Efficiency with Jason Pikoos

Wed, 22 Jan 2025 04:00:00 -0600

In this episode of the Future Finance Show, hosts Paul Barnhurst and Glenn Hopper check out the transformative potential of AI and its implications for businesses, especially in finance and compliance. With guest Jason Pikoos, the discussion unpacks the opportunities and risks associated with adopting generative AI. Jason shares his experience developing frameworks that guide companies in responsibly leveraging AI while maintaining agility and compliance.

Jason Pikoos is a seasoned expert in accounting and operational transformation and has over 18 years of experience working with high-growth and tech-driven companies. Currently at The Connor Group, Jason has supported over 40 businesses in IPO preparations and implementing transformative governance systems. He has co-authored a framework addressing the challenges and risks of AI adoption. Jason’s extensive background includes roles at McAfee, KPMG, and collaborations with industry giants like Google and Sony.

In this episode, you will discover:

Why AI governance can accelerate adoption instead of slowing it down.
The risks and opportunities in using generative AI for finance and accounting.
How companies can prepare for audits and compliance in the AI era.
The role of AI in revolutionizing business processes through advanced automation.
Practical advice for businesses to integrate AI thoughtfully without jeopardizing compliance.

The intersection of AI, governance, and business transformation is both exciting and complex. By embracing thoughtful governance, companies can not only mitigate risks but also unlock AI’s full potential to transform finance and operations. The key lies in understanding the balance between control and innovation, ensuring AI adds measurable value to your organization.

Follow Jason:

LinkedIn - https://www.linkedin.com/in/jason-pikoos/

Connor Groups - https://p.connorgp.com/l/

Governance Framework - https://uploads-ssl.webflow.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:31] Introduction and Opening Thoughts

[02:37] Meet Jason Pikoos

[04:09] Why AI Governance Matters

[06:10] Driving Innovation with Governance

[09:30] Challenges of Generative AI in Public Companies

[14:19] Reperformance and Ongoing Validation

[17:59] AI Adoption in Finance

[25:02] The Future of Auditing with AI

[32:17] What’s Next in Advanced Automation

[41:46] Fun Insights and Closing Thoughts

Master The Secrets for Building Better Financial Models with The Co-founder of CFI - Tim Vipond

Tue, 21 Jan 2025 04:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst sits down with Tim Vipond who is a seasoned finance professional and co-founder of the Corporate Finance Institute (CFI). They discuss financial modeling nightmares, strategy’s vital role in modeling, and the importance of avoiding shortcuts. Tim also shares his unique entrepreneurial journey and offers practical advice for improving modeling and strategic decision-making.

Tim Vipond began his career as an investment banking analyst and later transitioned to wealth management, corporate development, and e-commerce finance. As the co-founder of the Corporate Finance Institute, Tim has trained over 2 million students and introduced practical certifications that reshape how finance professionals develop their skills. Tim’s blend of financial expertise, entrepreneurial spirit, and focus on strategy makes him a compelling guest for this conversation.

Expect to Learn:

How to avoid and learn from common financial modeling mistakes.
Why aligning financial models with business strategy is critical.
The journey of building the Corporate Finance Institute and insights into e-learning success.
The role of assumptions, execution, and scenario analysis in effective modeling.
Tim’s advice on combining unique skills to propel your career.

Here are a few quotes from the episode:

“Never take shortcuts in your modeling. It’s tempting when you’re under pressure, but those shortcuts will come back to bite you later.”
“Combining two or more unique skills is the best way to get significantly ahead in your career. It’s where you stand out and add the most value.”
“Many scenarios in models are not grounded in strategy. Thoughtful, realistic scenarios tied to strategic goals are what add real value.”

Tim Vipond highlighted the interplay between technical mastery and strategic insight in financial modeling. Tim provided actionable advice on avoiding pitfalls, validating assumptions, and connecting models to overarching business goals. His emphasis on skill stacking and execution underpins the value of continuous learning and adaptation in a rapidly evolving field.

Follow Tim:

LinkedIn - https://www.linkedin.com/in/timvipond/
Website - https://vipond.com/
Company - https://corporatefinanceinstitute.com/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[02:53] Financial Modeling Horror Stories

[06:03] Building the Corporate Finance Institute

[11:18] The Role of Strategy in Modeling

[19:07] Execution and Modeling Feasibility

[22:11] Scenarios and Sensitivity Analysis

[30:52] Tim’s Favorite Investments and Skill Stacking

[34:48] Unique Modeling Stories

[36:06] Rapid Fire Questions

[41:14] Closing Thoughts and Advice

Financial Modeling for Startups to Drive Growth and Make Better Decisions with Lauren Pearl

Thu, 16 Jan 2025 04:00:00 -0600

In this episode, host Paul Barnhurst, aka The FP&A Guy, looks into the challenges and opportunities in financial planning and analysis (FP&A) within startups and high-growth companies. He is joined by Lauren Pearl who is an experienced fractional CFO and podcast host. They explore how finance professionals can thrive in the ever-evolving landscape of early-stage businesses, leveraging financial modeling, strategic thinking, and communication skills.

Lauren Pearl brings a wealth of experience in operational finance, entrepreneurship, and advisory roles. She has grown startups from concept to scale, worked as a CFO at tech companies, and now runs her own fractional CFO consultancy. Her unique background also includes hosting Growth Minded CFO, where she speaks with finance leaders about driving growth and innovation.

Expect to Learn:

Why financial modeling is a feasibility study, not just a forecast.
Strategies to simplify complex finance concepts for founders and non-finance professionals.
How to craft models that focus on usability, speed, and strategic decision-making.
The importance of understanding and addressing the unique needs of various departments.
How listening and adapting to your audience can elevate FP&A’s impact.

Here are a few relevant quotes from the episode:

“Finance isn’t just about numbers; it’s about translating those numbers into something actionable for the entire organization.” - Lauren Pearl
“If I were to define FP&A in one sentence, it’s the financial engineering of past, present, and future decisions.” - Lauren Pearl
“You can’t force people to care about finance, but you can present it in a way that resonates with their priorities.” - Lauren Pearl

Lauren’s emphasis on the importance of usability, communication, and empathy highlights how finance professionals can create meaningful impact. Her career journey underscores the value of adaptability and collaboration in today’s dynamic financial landscape.

FP&A Your Way with Paris Technologies:

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Lauren:

Website - https://www.laurenpearlconsulting.com/newsletter

LinkedIn - https://www.linkedin.com/in/laurenepearl/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Enroll for Wharton Online Certificate Program:

Earn Your CPE Credit

In Today’s Episode

[01:36] - Introduction to the Episode

[06:40] - Lauren’s Journey to FP&A and Entrepreneurship

[09:51] - Challenges of Financial Modeling for Startups

[16:09] - Educating Founders on Finance

[25:27] - Finance as a Partner, Not Just a Function

[36:40] - Simplicity and Usability in Modeling

[39:42] - Lessons from Hosting a Podcast

[50:45] - Rethinking Budgeting for High-Growth Companies

[56:04] - Getting to Know You Segment

[01:00:05] Closing Thoughts and Contact Information

Why Losing My Dream Job Made Me the FP&A Tools Expert with Paul Barnhurst

Tue, 14 Jan 2025 04:00:00 -0600

In this special solo episode of Financial Modeler’s Corner, host Paul Barnhurst, known as the FP&A Guy, takes the spotlight to share his personal journey from a corporate financial analyst to an influential voice in financial modeling and FP&A. This episode is packed with career highlights, trends in financial modeling, and a mix of humor to kick off the new year.

With over a decade of experience in corporate FP&A, Paul is a Microsoft MVP, a globally recognized trainer, and the founder of several successful podcasts. His personal story exemplifies persistence, continuous learning, and the value of building a personal brand.

Expect to Learn:

The career journey of Paul Barnhurst of creating a thriving business and gaining global recognition.
Key lessons in financial modeling, including best practices in designing effective models.
Trends shaping financial modeling and analytics for 2025, including the role of AI.
Practical advice on building a personal brand and leveraging LinkedIn to grow professionally.
A lighter side of finance with Paul’s humorous take on financial and Excel-related jokes.

Here are a few quotes from the episode:

"When I started my own business, I didn't have everything figured out, but I believed in taking the leap and figuring it out along the way."
"The ability to build a personal brand is a career game changer, especially for financial professionals."
"If you’re not having fun with what you do, find ways to bring your personality into your work—it makes all the difference."

Paul Barnhurst takes us on a journey through his career by highlighting the lessons he’s learned and the challenges he’s faced. With light humor and practical advice, Paul inspires listeners to embrace growth, take risks, and build their own paths to success.

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:13] - Introduction and Context

[02:14] - The Early Career Struggles

[04:50] - The Pivot to FP&A

[06:24] - Building Financial Modeling Expertise

[08:44] - Starting His Own Business

[15:54] - Career in Financial Modeling

[17:24] - Humor and Fun

[20:06] - Trends for 2025

[25:43] - Rapid Fire Financial Modeling Opinions

[28:14] - Closing Remarks

How Finance Professionals Can Build Success in Corporate Spin-Off Transformations with Jens Gutberlet

Thu, 09 Jan 2025 04:00:00 -0600

In this episode, Host Paul Barnhurst, aka The FP&A Guy, explores the complexities of corporate spin-offs with guest Jens Gutberlet. They focus on Kenvue’s remarkable journey of separating from Johnson & Johnson with strategic reasoning and organizational transformation. This discussion highlights the challenges and opportunities that arise when creating a standalone company from a global giant.

Jens Gutberlet is a seasoned finance leader with over 15 years of experience in multinational consumer goods companies like Henkel, Edgewell, Johnson & Johnson, and now Kenvue. Based in Toronto, Jens has spearheaded major transformation projects, including two large-scale company separations. His expertise in FP&A and organizational change shines through as he shares his insights from Kenvue’s historic spin-off.

Expect to Learn:

Why Johnson & Johnson decided to spin off Kenvue and the strategic benefits of the separation.
The key challenges and milestones in creating a new standalone company.
How FP&A professionals can contribute to major transformation projects.
The importance of mindset and communication during organizational change.
Opportunities for improvement in finance systems and processes during spin-offs.

Here are a few relevant quotes from the episode:

"Understanding the 'why' behind a transformation is crucial for keeping people engaged and motivated." - Jens Gutberlet
"Managing cultural and people aspects during transformation is often harder than tackling technology." - Jens Gutberlet
"The key to success is breaking down massive projects into manageable, bite-sized steps." - Jens Gutberlet

Jens emphasizes the importance of communication, strategic thinking, and adaptability in navigating the complexities of organizational change. For FP&A professionals, spin-offs are a unique opportunity to shape the future of a company and build robust financial systems.

World-class Digital FP&A Course Bundle:

Signup for over ten hours of video content with 4 different courses and 8 modules on FP&A topics including: Business Partnering, Data Analysis, Financial Modeling Design Principles, and Modern Excel. Use code Podcast to save 25%. What are you waiting for signup now: https://bit.ly/4decOf3

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Jens:

LinkedIn - https://www.linkedin.com/in/jens-gutberlet/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Enroll for Wharton Online Certificate Program:

Earn Your CPE Credit

In Today’s Episode

[01:28] - Introduction to the Episode

[03:24] - Defining FP&A Excellence

[05:41] - Lessons from Consulting

[09:26] - Kenvue’s Creation

[17:02] - Transformation Challenges

[23:59] - Cultural Considerations

[26:44] - Technology Transformation

[33:39] - Advice for FP&A Professionals

[37:49] - Mindset for Success

[50:34] - Wrap Up and Closing Comments

Future of AI and Quantum Computing for Finance Leaders to Scale Fast in 2025 with Glenn Hopper and Paul Barnhurst

Wed, 08 Jan 2025 04:00:00 -0600

In this special episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper take a reflective look back at the year 2024. They explore the biggest moments in technology and finance, share personal milestones, and make bold predictions for 2025. The conversation is an engaging mix of professional insights, personal anecdotes, and a bit of humor to ring in the new year.

Paul Barnhurst known as "The FP&A Guy," is a finance thought leader who bridges the gap between finance, technology, and strategy. Glenn Hopper: A finance professional and author focused on leveraging AI and technology in finance to drive innovation. Glenn brings expertise from a practitioner’s perspective and insights into the evolving role of technology in business.

In this episode, you will discover:

Key technological advancements of 2024, including AI tools and quantum computing breakthroughs.
The challenges and opportunities in integrating generative AI into financial workflows.
Reflections on the professional and personal growth journeys of the hosts over the past year.
Predictions for 2025 in AI, finance, and beyond, including the potential of AI agents and quantum computing.
The evolution of tools for fractional CFOs and the future of scalable financial solutions.

Paul and Glenn explored the dynamic intersection of finance, technology, and innovation. 2025 holds the promise of even greater strides in AI, quantum computing, and tools that redefine how finance professionals work and collaborate. This episode has been a blend of reflection, insight, and a bit of fun to welcome the new year.

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:44] Introduction to the Episode

[02:44] Looking Back at 2024

[12:45] Biggest Tech Trends of 2024

[19:49] Emerging Financial Technologies

[23:06] Fractional CFO Tools

[27:21] Innovative Planning Tools.

[30:57] Predictions for 2025

[37:08] Fun with AI-Generated Songs

[44:26] Closing Remarks

AI vs. Human Insights in Financial Modeling to Build Accurate Models for Decision-Making

Tue, 07 Jan 2025 04:00:00 -0600

In the second part of "The Great Debate," expert financial modelers from around the globe discuss controversial and thought-provoking questions about the art and science of financial modeling. The discussion focuses on the enduring relevance of Excel, the role of AI and Power BI in shaping the future of modeling. This episode highlights the nuances, complexities, and future of financial modeling as a discipline.

This episode features Giles Male, co-founder of Full Stack Modeler and an Excel MVP, Will Wardle, an independent financial modeler with over two decades of experience, Carolina Lago, founder of Classic Financial, specializing in FP&A and financial restructuring for SMEs, Hedieh Kianyfard, a project finance expert from Iran, known for her practical solutions to complex modeling challenges, Oz du Soleil, a YouTube star and Excel MVP, renowned for his engaging tutorials and insights, Rishi Sapra, a former accountant turned Power BI advocate, and David Brown, a seasoned financial modeler with 27 years of experience, excelling in blending Excel with Power BI.

Expect to Learn:

The role of circular references in financial models.
Why named ranges in Excel can either simplify or complicate financial models.
The impact of AI on the future of financial modeling.
How Power BI complements financial modeling by enhancing data visualization and storytelling.
The debate on the most important financial statement and how it informs decision-making.

Here are a few quotes from the episode:

"Dynamic arrays offer huge improvements, and we should aspire to use them more effectively as a community." - Giles Male
"A three-statement model is the universal language of finance, connecting operations and strategy for decision-making." - Carolina Lago
"Power BI complements financial models by adding context, automation, and storytelling, making it a must-learn tool." - Rishi Sapra

This episode of The Great Debate offers a lively exploration of financial modeling. The expert panelists highlight how financial modeling combines art and science, requiring technical mastery, critical thinking, and creativity. The discussions underscored the importance of balancing simplicity with complexity, leveraging technology without losing sight of foundational principles.

Follow Giles:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

Follow Will:

LinkedIn - https://www.linkedin.com/in/will-wardle-3396259/

Follow Carolina:

LinkedIn - https://www.linkedin.com/in/s-carolinalago/

Follow Hedieh :

LinkedIn - https://www.linkedin.com/in/hediehkianyfard/

Follow Oz:

LinkedIn - https://www.linkedin.com/in/ozdata/

Follow Rishi:

LinkedIn - https://www.linkedin.com/in/rsaprano/

Follow David:

Website - https://www.dbrownconsulting.net/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:23] - Introduction to the Panel

[05:51] - Circular References in Models

[10:14] - The Use of VBA

[14:55] - Dynamic Arrays Debate

[19:57] - Named Ranges in Excel

[24:50] - Will Excel Ever Die?

[33:43] - Can AI Build Models?

[37:56] - Should Modelers Learn Power BI?

[53:28] - Most Important Skill for Modelers

[57:40] - Closing Remarks

How Generative AI is Revolutionizing FP&A Processes for Financial Leaders with Bryan Lapidus

Thu, 02 Jan 2025 04:00:00 -0600

In this episode of FP&A Tomorrow, Paul Barnhurst discusses the ever-evolving field of financial planning and analysis (FP&A) with Bryan Lapidus. They explore the shift from traditional roles to value-driven finance. The discussion focuses on the rising importance of generative AI, and examines the essential skills needed for success in the field.

Bryan Lapidus is the Director of the Association for Financial Professionals (AFP) and a leading voice in the FP&A community. With decades of experience spanning senior roles, an MBA from NYU, and a history of helping finance professionals elevate their skills, Bryan brings a wealth of knowledge on FP&A trends, certifications, and technological advancements.

Expect to Learn:

The evolution of FP&A and how specialization is reshaping the field.
The critical role of generative AI in finance and practical advice for adoption.
How the FP&A certification can boost career growth and salary potential.
Differences between value-creating and control-focused CFOs and why it matters.
Key technical and soft skills to thrive as an FP&A professional.

Here are a few relevant quotes from the episode:

"To excel in FP&A, you need the why, the what, and the how: why we allocate capital, what we deliver, and how we use technology and people." - Bryan Lapidus
"When finance focuses solely on controls, it limits its ability to contribute to the company’s growth." - Bryan Lapidus
"The rise of data analytics in FP&A means more roles require coding knowledge like Python and SQL." - Bryan Lapidus

In this episode, Bryan Lapidus shares the transformative impact of technology, and the skills that define the role of FP&A. He emphasized the importance of value creation, specialization, and adopting tools like generative AI while staying grounded in foundational skills.

Plan Smarter with Workday:

Workday Adaptive Planning empowers organizations with AI-driven insights, advanced data visualization, and powerful reporting tools. Make smarter decisions faster and elevate your budgeting, forecasting, and modeling. Learn more at http://www.workday.com/fpaguy

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Bryan:

LinkedIn - https://www.linkedin.com/in/bryan-lapidus-fpac/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Earn Your CPE Credit

In Today’s Episode

[01:43] - About Bryan Lapidus

[03:04] - Defining FP&A

[06:30] - Challenges in FP&A

[10:30] - Bryan’s Career Journey

[14:51] - AFP Overview

[19:09] - AI’s transformative potential

[29:55] - FPAC Certification Value

[32:59] - Value-creating vs. Control-focused CFOs

[39:46] - FP&A Standard Questions

[50:36] - Advice for FP&A Professionals

Understanding AI Challenges and Opportunities in Financial Decision-Making with Jon Brewton

Wed, 01 Jan 2025 04:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper talk about the role of artificial intelligence and high-stakes industries, including finance, energy, and defense. Guest Jon Brewton shares how his company is leading the charge in explainable and traceable AI solutions.

Jon Brewton is the founder and CEO of Data Squared, a service-disabled veteran owned business at the forefront of generative AI solutions. With a history of impactful roles at BP and Chevron, Jon’s expertise combines technology innovation and operational efficiency. His work emphasizes AI solutions that prioritize traceability, explainability, and reliability.

In this episode, you will learn:

How AI traceability and explainability are transforming finance and other industries.
The significance of knowledge graphs and Graph Rag techniques in financial data.
The challenges of AI hallucinations and how to mitigate them in critical applications.
Practical strategies for integrating AI and advanced analytics into financial workflows.
Jon’s personal journey from the military to pioneering cutting-edge AI solutions.

Jon Brewton explains the importance of traceability and explainability and the transformative potential of knowledge graphs and advanced analytics. He shares practical tips and approaches that financial professionals can adopt today.

Follow Jon:

LinkedIn: https://www.linkedin.com/in/jon-brewton-datasquared/

Website: https://www.data2.ai/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:05] - Introduction to Jon Brewton

[01:41] - Founding Data Squared

[04:58] - Why Traceability Matters in AI

[10:07] - Generative AI in High-Stakes Industries

[12:10] - Role of Knowledge Graphs

[18:11] - Linking Financial Data

[20:38] - Addressing AI Hallucinations

[27:36] - Starting with AI in Finance

[32:00] - Personal Reflections

[35:05] - Closing Thoughts

How to Simplify Data Integration for Finance Teams with Adam Rakich

Tue, 31 Dec 2024 04:00:00 -0600

In this episode, host Paul Barnhurst talks about data integration, focusing on how finance professionals can streamline data processes and optimize workflows. The conversation also explores the balance between spreadsheets and specialized tools in financial modeling. He provides practical guidance for professionals navigating data challenges in the modern financial landscape.

Adam Rakich is an experienced professional in financial planning and analysis (FP&A) software and data integration solutions. With career spanning tools like Adaptive Insights, OneStream, and DataBlend, Adam brings a unique perspective on how accountants and finance teams can leverage technology to overcome data-related inefficiencies.

Expect to Learn:

Why assumptions in financial models can make or break their reliability.
The key factors that determine when to move from spreadsheets to planning tools.
How to make data integration less intimidating for finance professionals.
Practical solutions for accessing data across multiple systems, including API usage and hybrid approaches.
Insights into the evolving role of Excel and Google Sheets in modern financial modeling.

Here are a few quotes from this episode:

“Spreadsheets are not multi-user, and anyone trying to make them that way is spending more time than they should.” - Adam Rakich
“For fractional CFOs, marketplaces like Zero and QuickBooks can be lifesavers with cost-effective integrations.” - Adam Rakich
“Every small automation reduces time and errors, even if the entire process can’t be automated.” - Adam Rakich

Adam Rakich shares the challenges and opportunities in data integration and financial modeling. He offers practical solutions to approach data integration without fear, and the evolving roles of tools like Excel, Google Sheets, and APIs.

Follow Adam:

LinkedIn - https://www.linkedin.com/in/rakich/
Business User’s Guide to Data Integration - https://a.co/d/5xSL3g4

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:30] – Introduction to the Episode

[07:18] – Adam’s Career Journey

[09:38] – Moving Beyond Spreadsheets

[16:56] – Why Data Integration Matters

[21:03] – Common Methods of Accessing Data

[32:35] – SQL vs. Modern Tools

[37:46] – The Business User’s Guide to Data Integration

[44:32] – Rapid-Fire Questions

[52:47] – Closing Thoughts

Effective Communication and Strategic Thinking for FP&A Professionals with Carl Seidman

Thu, 26 Dec 2024 04:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst, aka “The FP&A Guy,” talks about financial planning and analysis (FP&A) with Carl Seidman. They discuss how technology, strategic thinking, and effective communication are reshaping FP&A roles, making them more agile and impactful than ever.

Carl Seidman is an FP&A advisor, educator, and fractional CFO with over two decades of experience in financial strategy, business storytelling, and leadership development. Founder of Seidman Financial, Carl helps organizations build robust FP&A capabilities and fosters the development of professionals through learning programs and mastermind groups.

Expect to Learn:

How the FP&A profession is transitioning from backward-looking analysis to strategic business partnering.
The growing importance of communication and influence in advancing FP&A careers.
Insights into scenario planning and anticipating disruptions in uncertain times.
The role of technology and tools like Excel and generative AI in enhancing FP&A processes.
Tips for becoming a more effective presenter and influencer in professional settings.

Here are a few relevant quotes from the episode:

"Critical thinking and communication are the two most essential skills for FP&A professionals." - Carl Seidman
"FP&A professionals must move beyond technical skills to focus on strategy and influence." - Carl Seidman
"Excel is still powerful, but integrating it with modern tools can unlock even greater efficiency." - Carl Seidman

Carl shared actionable insights and practical advice that can help FP&A teams navigate the complexities of today's business environment. As FP&A transitions from traditional analysis to becoming a vital strategic partner, professionals must cultivate critical thinking, effective communication, and the ability to influence decisions.

Plan Smarter with Workday:

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Carl:

LinkedIn - http://linkedin.com/in/carlseidman

Website - https://seidmanfinancial.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Earn Your CPE Credit

In Today’s Episode

[02:29] - What Great FP&A Looks Like

[07:12] - The Evolution of FP&A Roles

[17:27] - Communication as a Key Skill

[21:05] - The Role of Feedback

[30:05] - The Power of Presentation

[34:39] - Influence and Strategy

[41:28] - Anticipation and Scenario Analysis

[47:06] - LinkedIn Learning Course

[49:24] - Rapid-Fire Questions

The Impact of AI on Finance and Business Decision Making with Jon Brewton

Wed, 25 Dec 2024 04:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper discuss the intersection of artificial intelligence (AI) and finance. They explore how AI tools like large language models (LLMs) are transforming data analytics and decision-making processes. They also examine the broader implications of AI advancements in other high-stakes industries such as energy, defense, and healthcare.

Jon Brewton is the founder and CEO of Data Squared. He brings extensive expertise in machine learning, AI solutions, and digital transformation. With a career spanning roles at BP, Chevron, and military service, Jon has spearheaded projects achieving significant operational efficiencies. At Data Squared, he focuses on creating reliable, traceable, and explainable AI solutions for critical sectors.

In this episode, you will learn:

Microsoft’s advancements in LLMs for better integration with structured data.
The five levels of AI capabilities outlined by OpenAI and what they mean.
Why traceability and explainability are essential for deploying AI in finance.
Innovative applications of Knowledge Graphs and RAG (Retrieval-Augmented Generation) technology
Strategies to mitigate AI hallucinations and enhance reliability in decision-making processes.

In this episode, Jon Brewton discusses the transformative role of AI in the financial sector, advancements including spreadsheet-specific LLMs, the power of knowledge graphs, and the critical importance of traceability and explainability in AI deployment.

Follow Jon:

LinkedIn: https://www.linkedin.com/in/jon-brewton-datasquared/

Website: https://www.data2.ai/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:50] - Advancements in Spreadsheet LLMs

[04:54] - OpenAI’s Roadmap to AGI

[13:49] - Jon Brewton Introduction

[18:45] - Importance of Traceability and Explainability

[25:40] - Knowledge Graphs and Financial Data

[34:56] - Addressing AI Hallucinations

[42:01] - Advice for Finance Leaders

[45:48] - Jon’s Unique Experiences

[48:53] - Closing Remarks

How Excel Competitions Transform Data Professionals into Experts Using Power Query and VBA

Tue, 24 Dec 2024 04:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst aka The FP&A Guy talks about the electrifying world of Excel Esports at the Financial Modeling World Cup (FMWC) in Las Vegas. This special episode captures the energy and innovation of the event, showcasing interviews with top competitors, including Excel MVPs and data enthusiasts, while exploring how Excel competitions push the boundaries of modeling expertise.

The episode features Josh Aharonoff: Microsoft MVP, "Your CFO Guy," specializing in dynamic financial modeling and consulting. David Fortin: Excel expert, Microsoft MVP, and creator of the World of Warcraft-themed FMWC case study. Jaq Kennedy: UK-based actuarial consultant and Excel enthusiast, sharing personal stories and insights from the event. Amber Johnson: Industrial engineer turned Excel champion, known for her creative modeling approach.

Expect to Learn:

Insights into the competitive world of the Financial Modeling World Cup and the role of Excel Esports.
Unique perspectives on the creative use of Excel, from real-world modeling to themed case studies.
How Excel innovations like Power Query, dynamic arrays, and VBA are transforming data work.
Personal journeys of Excel enthusiasts and their favorite tips and tools.
Why participating in competitions like FMWC can rapidly enhance your financial modeling skills.

Here are a few quotes from this episode:

"I’ve spent 24 years working in Excel, and competing here has tripled my knowledge in just two years." - Jaq Kennedy
"Competing is less about beating others and more about seeing how much you’ve improved." - Amber Johnson
"Creating a case with input from Blizzard Entertainment was surreal—it brought my gaming passion into Excel." - David Fortin

The Financial Modeling World Cup is a celebration of creativity, community, and growth. Events like these provide an experience of learning from the best in the field, or simply embracing the love of Excel.

Follow Josh:

LinkedIn - https://www.linkedin.com/in/joshaharonoff/
Website - https://www.yourcfoguy.com/

Follow David:

LinkedIn - https://www.linkedin.com/in/david-fortin-cpa-816b20b5/
Website - https://linktr.ee/Piggybankaccountant

Follow Jaq:

LinkedIn - https://www.linkedin.com/in/jaqkennedy/

Follow Amber:

LinkedIn - https://www.linkedin.com/in/ambernjohnsonwmu/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:27] - Introduction and Event Overview

[03:39] - Interview with Josh Aharonoff and David Fortin

[10:12] - Horror Stories and Excel Lessons

[12:25] - Excel Preferences

[23:04] - Interview with Jaq Kennedy

[30:14] - Rapid Fire with Jaq

[33:27] - Interview with Amber Johnson

[42:22] - Closing Thoughts and FMWC Invitation

[43:02] - Giles Male's Anthem

Transforming Excel Competitions into Million-Dollar Events with Andrew Grigolyunovich

Fri, 20 Dec 2024 04:00:00 -0600

This episode takes you to the heart of the Financial Modeling World Cup (FMWC) 2024, hosted at the HyperX Gaming Arena in Las Vegas. Known as the "Excel Esports Championship," this unique event blends competitive financial modeling with the energy of live sports entertainment. From electric arenas to engaging case competitions, discover how Excel enthusiasts and world-class modelers push the boundaries of what's possible in financial modeling.

This episode features an exceptional lineup of guests, including Andrew Grigolyunovich, founder of the Financial Modeling World Cup and a pioneer in turning financial modeling into an esport; Michael Jarman, the 2024 FMWC World Champion known for his innovative modeling techniques and leadership at Operis; Giles Male, a commentator and self-proclaimed “Most Humble MVP”. Klinsmann Langhanz, founder of FMWC Brasil and a passionate advocate for Excel training and community-building; and appearances from Danielle Stein Fairhurst and Jaq Kennedy.

Expect to Learn:

How the FMWC is transforming financial modeling into an exciting esport.
Insights from top modelers on preparing for high-pressure competitions.
The role of networking and community in fostering innovation and growth in the Excel world.
Practical advice for improving financial modeling skills through competitions.
Behind-the-scenes from the HyperX Arena, including hilarious moments.

Here are a few quotes from this episode:

"Financial modeling competitions make you better at work and expand your career horizons." - Andrew Grigolyunovich
"The FMWC community is about helping each other, not tearing each other down." - Giles Male
"The unthinkable becomes possible when you network and collaborate." - Klinsmann Langhanz

With the Financial Modeling World Cup 2024, we've seen how Excel has grown from a business tool to the centerpiece of a thriving global community. From the inspiring vision of Andrew Grigolyunovich to the insights of world champion Michael Jarman, this event celebrates the art, science, and camaraderie of financial modeling.

Follow Andrew:

LinkedIn - https://www.linkedin.com/in/andrewgrig/
Company - https://fmworldcup.com/

Follow Michael:

LinkedIn - https://www.linkedin.com/in/michael-jarman-excel/
Email: mjarman@operis.com

Follow Giles:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

Follow Danielle:

LinkedIn - https://www.linkedin.com/in/daniellesteinfairhurst/

Follow Klinsmann:

LinkedIn - https://www.linkedin.com/in/klinsmann-langhanz/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[00:01:42] - Host Paul Barnhurst sets the stage

[00:03:59] - A recap of the event's atmosphere

[00:07:13] - Interview: Andrew Grigolyunovich

[00:12:14] - Vision for the Future of FMWC

[00:22:54] - Creating FMWC Case Studies

[00:34:13] - Michael Jarman's Journey

[00:49:50] - Commentary with Giles Male

[00:56:22] - Jaq Kennedy and Danielle Stein Fairhurst

[00:58:24] - Interview: Klinsmann Langhanz

[01:08:38] - Closing Thoughts

Storytelling Skills for FP&A Professionals to Elevate Business Partnering with Greg Adams

Thu, 19 Dec 2024 04:00:00 -0600

In this insightful episode of FP&A Tomorrow, host Paul Barnhurst, "The FP&A Guy," explores the dynamic world of financial planning and analysis with guest Greg Adams, a seasoned CFO and author. They discuss how finance professionals can drive value through storytelling, critical thinking, and strategic insights. The conversation also delves into Greg's journey from leading finance teams to writing an international crime thriller with an accountant hero, redefining the image of finance professionals.

Greg Adams is the SVP and CFO of the American Management Association (AMA), with over 25 years of leadership experience in public and private finance. He is a CPA and a published author whose debut novel, Green Shades: Accountants Aren't Supposed to Die This Way, combines financial intrigue with a thrilling narrative. Greg's leadership mission is centered on fostering corporate excellence and empowering finance professionals to embrace their strategic potential.

Expect to Learn:

The evolving role of FP&A as a strategic partner in business.
Why storytelling is a critical skill for finance professionals.
How to leverage external data and AI for more robust financial planning.
Insights into the value of "power skills" like communication and leadership.
Greg’s journey writing a crime thriller that challenges stereotypes about accountants.

Here are a few relevant quotes from the episode:

"If you control information, you control the world. FP&A professionals need to look beyond internal data and consider external benchmarks." - Greg Adams
"AI and machine learning allow us to move beyond just historical data to anticipate what’s coming." - Greg Adams
"Step away from your desk and talk to people. The best insights often come from conversations." - Greg Adams

Greg Adams offered a fresh and inspiring perspective on the role of finance professionals. From emphasizing the art of storytelling in FP&A to advocating for the integration of external data and AI, Greg highlighted how finance can be a driver of change and innovation.

Plan Smarter with Workday:

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Greg:

LinkedIn - https://www.linkedin.com/in/gregdadams/

Website - https://www.cpa-author.com/

Email - mailto:greg@cpa-author.com

Special Offer for Listeners

The first three listeners to contact Greg at greg@cpa-author.com can access a free AMA course (valued at $2,000-$3,000). Mention FP&A Tomorrow in your email!

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Earn Your CPE Credit

In Today’s Episode

[01:39] - Meet Greg Adams

[04:01] - What is Great FP&A?

[06:17] - External Data and AI in Finance

[10:46] - The Art of Storytelling in Finance

[11:59] - Greg’s Role at AMA

[19:38] - Writing Green Shades

[27:58] - Lessons from a CFO's Career

[38:31] - Evolution of CFO Role

[43:23] - Tips for FP&A Professionals

[51:53] - Final Thoughts and Takeaways

AI-Powered Metrics and Data Visualization for Transforming Finance with Gabi Steele

Wed, 18 Dec 2024 04:00:00 -0600

In this episode of Future Finance, we explore the intersection of data, storytelling, and financial strategy. Hosts Paul Barnhurst and Glenn Hopper sit down with Gabi Steele to discuss how modern AI tools are transforming FP&A teams and creating new opportunities for organizations to harness their data effectively. From manual processes to automated systems, we dive into the strategies behind making businesses truly data-driven.

Gabi Steele is an acclaimed entrepreneur and data visualization expert, best known for her work as co-founder of Data Culture, a consulting firm enabling data-driven decisions, and Preql, an AI-powered enterprise metrics platform that recently secured $7 million in seed funding. With a background in graphic design and a master's in data visualization, Gabi is passionate about making data accessible, accurate, and actionable for businesses of all sizes. She shares insights from her journey, including her time at The Washington Post and the founding of innovative startups.

In this episode, you will discover:

How Gabi's creative background in graphic design shaped her approach to data visualization and entrepreneurship.
The role of AI in automating data cleaning and governance for finance teams.
Strategies for reducing technical debt in SMBs to unlock the full potential of data.
Why storytelling is critical in finance and how data visualization bridges the gap between insights and action.
Tips for fostering a data-driven culture within organizations and empowering FP&A teams.

Gabi Steele provided a wealth of knowledge on how data visualization, AI, and automation are transforming the way finance teams operate. From reducing manual processes to fostering data-driven cultures, her expertise inspires both SMBs and larger organizations to rethink how they leverage data for strategic growth.

Follow Gabi:

LinkedIn: https://www.linkedin.com/in/gabriellasteele/

Website: https://www.preql.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:09] Introduction for Gabi Steele

[01:09] From Art to Analytics

[04:33] Data Storytelling in Finance

[08:04] AI and FP&A Transformation

[14:14] The Democratization of Analytics

[18:15] Challenges in SMB Data Adoption

[19:04] Building a Data-Driven Culture

[33:58] Fun Get-to-Know-You Questions

[38:16] Closing Thoughts

How Finance and Supply Chain Teams Can Align for Better Decisions with Lyndsey Weber & Marcia Williams

Thu, 12 Dec 2024 04:00:00 -0600

In this insightful episode of FP&A Tomorrow, we explore the dynamic relationship between Financial Planning and Analysis and Supply Chain Planning. Host Paul Barnhurst aka The FP&A Guy discusses how these two critical functions can work together to create better outcomes for businesses, particularly in challenging environments. With supply chain disruptions and evolving market needs, aligning these disciplines is more vital than ever.

Guests: Lyndsey Weber, a seasoned expert with a background in supply chain and finance, and Marcia Williams, a supply chain planning professional with roots in accounting. Lyndsey transitioned from ExxonMobil to tech, where she focuses on optimizing supply chain planning with financial insights. Marcia brings a wealth of knowledge on integrating operational and financial strategies to drive value and efficiency.

Expect to Learn:

How FP&A and supply chain planning intersect and complement each other.
Key differences in planning horizons and decision-making processes between FP&A and supply chain.
The role of integrated business planning (IBP) in achieving cross-functional alignment.
Strategies to enhance communication and collaboration between finance and supply chain teams.
Real-world examples of overcoming challenges during the COVID-19 pandemic and creating value through supply chain optimization.

Here are a few relevant quotes from the episode:

"Every company has supply and demand, whether it's a product or a service. Matching them is the core of supply chain planning." - Lyndsey Weber
"Finance and supply chain must combine top-down and bottom-up approaches for effective planning." - Marcia Williams
"The more granular focus in supply chain planning complements the high-level strategy in FP&A." - Lyndsey Weber

From breaking down the barriers between FP&A and supply chain to leveraging collaboration for unlocking new opportunities, this episode highlighted actionable strategies for creating alignment and driving business value. Finance and supply chain are two sides of the same coin, and when aligned, they enable better, faster decisions that benefit the entire organization.

Plan Smarter with Workday:

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Lyndsey:

LinkedIn - https://www.linkedin.com/in/lyndsey-weber/

Follow Marcia:

LinkedIn - https://www.linkedin.com/in/marciadwilliams/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Earn Your CPE Credit

In Today’s Episode

[01:43] - Meet the Guests

[04:09] - Career Shifts and Lessons Learned

[07:38] - Understanding Supply Chain Planning

[12:21] - Challenges in Integrated Planning

[17:51] - Ensuring Cross-Functional Alignment

[26:59] - Leveraging Metrics for Better Collaboration

[37:00] - Key Advice for FP&A Professionals

[42:14] - Skillsets in Finance vs. Supply Chain Planning

[49:56] - Fun and Personal Insights

[54:10] - Conclusion

How AI Automation Saves FP&A Teams 70 Hours Monthly with Gabi Steele

Wed, 11 Dec 2024 04:00:00 -0600

In this insightful episode of the Future Finance Show, hosts Paul Barnhurst and Glenn Hopper explore the evolving landscape of finance, data analytics, and automation with Gabi Steele, a seasoned data visualization expert and co-founder of Preql. The discussion navigates the challenges finance teams face in building data-driven cultures, leveraging AI tools, and creating efficiencies in data management.

Gabi Steele is a graphic designer turned data visionary and entrepreneur. She is the co-founder of Data Culture and Preql, a platform streamlining data metrics for businesses. With a background in data visualization at The Washington Post and a passion for making data accessible, Gabi brings valuable insights on transforming data into actionable business strategies.

In this episode, you will discover:

How finance teams can leverage AI tools to reduce manual data processes and improve accuracy.
The importance of storytelling and accessibility in data visualization.
Ways to foster a data-driven culture within organizations of all sizes.
Challenges and solutions for integrating AI with financial planning and analysis (FP&A).
The future of low-code/no-code tools in democratizing data analytics.

Gabi Steele offered a masterclass in how finance professionals can embrace the transformative power of data and AI. From simplifying complex data processes to fostering a culture of analytics, Gabi underscored the importance of aligning teams, tools, and technology for smarter decision-making.

Follow Gabi:

LinkedIn: https://www.linkedin.com/in/gabriellasteele/

Website: https://www.preql.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:48] - Introduction to the Episode

[08:23] - Financial Modeling World Cup

[19:37] - Discussion on AI Subscriptions

[25:53] - Meet Guest: Gabi Steele

[26:59] - Data's Role in Finance

[33:58] - Leveraging AI in Data Management

[39:07] Democratizing Data Access

[44:57] Building a Data-Driven Culture

[49:45] Challenges in SMB Data Integration

[59:51] Fun Segment: Get to Know Gabi

Excel Hacks for Financial Modelers to Simplify Valuations and Save Hours with Charles Keepman

Tue, 10 Dec 2024 04:00:00 -0600

In this episode of Financial Modelers Corner, host Paul Barnhurst (aka The FP&A Guy) welcomes Charles Keepman, a seasoned financial modeler and valuation expert, to discuss the intricacies of financial modeling, best practices, and common pitfalls. They explore real-world scenarios, discuss the value of creating dynamic models, and delve into the art of valuing companies, focusing on how different industries and stages of business impact modeling strategies.

Charles Keepman has spent years honing his skills in financial modeling, starting at Ernst & Young and later working at Economics Partners (now Ryan Valuation). With deep expertise in business valuation, Charles currently applies his modeling skills to help clients make strategic financial decisions. His career trajectory has been shaped by his passion for creating efficient and dynamic financial models that help businesses make informed, data-driven decisions.

Expect to Learn:

Key principles for building auditable, easy-to-follow financial models.
Insights into business valuation: when to use different approaches like DCF, asset, and market-based methods.
The role of qualitative factors in valuation and how they can drastically influence outcomes.
The role of Excel and financial modeling software in today’s fast-paced financial world.
Why simplicity often trumps complexity in financial modeling, and how to strike the right balance.

Here are a few quotes from Charles Keepman:

"I think AI will have a profound effect on financial modeling, but we need to make sure it’s auditable and understandable."
"Financial models are great tools, but the true value lies in understanding the assumptions behind them."
"You can get stuck in analysis paralysis if you overcomplicate your models with too many variables."

From emphasizing the importance of simplicity and clear assumptions to his preference for using tools like XLOOKUP over complex formulas, Charles provides a wealth of practical advice. His perspective on AI in financial modeling highlights the balance between leveraging technology and maintaining human judgment, ensuring that models remain accurate and useful.

Follow Charles:

LinkedIn - https://www.linkedin.com/in/charles-keepman-58766a40/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:24] - Introduction to Charles Keepman

[02:03] - The "Worst Financial Model" Horror Story

[05:57] - A Rundown of Charles’ Career

[09:04] - The Favorite Part of Financial Modeling

[14:53] - The Most Unique Uses of Excel in Personal Life

[17:26] - Valuing a Company: The First Steps

[21:43] - The Most Unique Business Models

[23:41] - Excel vs. Deal Work

[27:03] - The Simplicity vs. Complexity Debate

[32:49] - Excel's Evolution: Favorite Features

[36:20] - Rapid Fire Segment

[45:27] - Final Advice and Closing

SaaS Metrics for CFOs to Elevate Strategic Growth with Mark Hansen

Thu, 05 Dec 2024 04:00:00 -0600

In this engaging episode of FP&A Tomorrow, host Paul Barnhurst, the FP&A Guy, sits down with Mark Hansen, CFO of Entrata. Their conversation explores financial planning and analysis (FP&A), strategic business decision-making, and the evolving role of finance teams in organizations. This episode provides valuable insights into how FP&A professionals can align metrics, foster relationships, and utilize data to empower strategic growth.

Mark Hansen brings a wealth of experience as the CFO of Entrata, a comprehensive ERP platform for the multifamily housing industry. Prior to this role, Mark held pivotal finance positions at Pluralsight and Skullcandy, leading finance teams through periods of significant growth. A CPA with a master’s in accounting from the University of Utah, Mark combines technical expertise with a strategic vision, making him a thought leader in the financial industry.

Expect to Learn

Understanding the transition from accurate forecasting to strategic decision-making.
Why FP&A is positioned as the "center of the universe" for organizational data.
Practical advice on aligning and rolling forward metrics to track business performance.
How to leverage diverse experiences (the "bingo card" approach) to achieve career growth.
Insights into hiring, mentoring, and fostering curiosity and technical skills within finance teams.

Here are a few relevant quotes from the episode:

"Understanding unit economics, gross margin, and other granular financial details helps inform better business decisions." - Mark Hansen
"Understanding SEC reporting is like leveling up in financial knowledge. It's the major leagues of financial reporting." - Mark Hansen
"FP&A teams of the future will not just focus on budgeting and forecasting but also on data analytics and business modeling." - Mark Hansen

In this insightful episode, Mark shares valuable advice on career development, stressing the importance of building strong relationships, acquiring diverse skills, and being proactive in one's career progression. Mark’s focus on curiosity, technical skills, and business partnering provides a roadmap for any finance professional looking to elevate their impact.

Plan Smarter with Workday:

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Mark:

LinkedIn - https://www.linkedin.com/in/mark-hansen-7b79045/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Earn Your CPE Credit

In Today’s Episode

[01:57] Introduction to Mark Hansen

[02:55] Defining Great FP&A

[08:41] Lessons from SEC Reporting

[15:01] Pluralsight’s Growth Journey

[25:48] The Challenges of Metric Alignment

[32:22] First CFO Role at Entrata

[39:10] The Hardest Roles to Fill in Finance

[44:35] The Future of FP&A Teams

[49:26] Fun insights into Mark’s hobbies

[52:49] Final Takeaway: Business Partnering

Mastering Data Governance and Analytics for Finance Leaders with Nathan Bell

Wed, 04 Dec 2024 04:00:00 -0600

In this episode of Future Finance, Glenn Hopper and Paul Barnhurst welcome Nathan Bell, a seasoned executive with over two decades of experience navigating complex intersections of finance, data analytics, and digital transformation. From his roots in coding at TransUnion to becoming a chief credit officer and later a CFO, Nathan shares his compelling journey and invaluable insights into leveraging data for decision-making and efficiency.

Nathan Bell is a transformative leader in finance and technology, specializing in data-driven decision-making and digital transformation. With expertise spanning data governance, advanced analytics, and financial operations, Nathan has worked at the forefront of technology adoption in organizations ranging from startups to established enterprises. A former Gartner analyst, he now leads VI Consulting, helping finance teams unlock the potential of data and AI.

Expect to Learn:

The interplay between finance, data, and technology in decision-making.
The critical first steps to establishing effective data governance and management.
Real-world stories of overcoming challenges with data literacy and BI implementation.
How to prepare finance teams for scaling and adopt advanced analytics.
The importance of a sufficient "truth" in reporting and avoiding pitfalls in self-service BI.

From building foundational data governance structures to navigating advanced analytics, Nathan emphasized that success lies in aligning teams, leveraging the right tools, and cultivating a culture of data literacy. His unique journey underscores the importance of embracing change and preparing for a future where finance professionals who adapt to AI and data-driven decision-making will lead the way.

Follow Nathan:

LinkedIn: https://www.linkedin.com/in/nathan-bell-1038662/

Website: https://www.vai-consulting.com/

Company: https://meetvirginia.io/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:59] From Coding to Finance Leadership

[04:22] Building Stories with Data

[09:35] Transition to Data Analytics Leadership

[12:49] Tackling Data Governance Challenges

[17:17] Owning the Data Narrative

[19:57] Typical Clients and Scaling Finance Teams

[25:23] Bridging the Finance Skills Gap

[30:02] Fun and Random: Nathan’s Travel Tales

[32:52] Closing Thoughts and Wrap Up

The Great Debate on AI, Excel, and the Future of Financial Modeling

Tue, 03 Dec 2024 04:00:00 -0600

In this special debate episode, host Paul Barnhurst aka The FP&A Guy is joined by an all-star panel of modeling experts to tackle some of the most contentious questions in the financial modeling world. This lively discussion promises insights, entertainment, and plenty of surprises as the panelists bring their expertise and humor to the table. Together, they bring decades of experience, fresh perspectives, and a shared passion for the art and science of financial modeling.

The powerhouse panel of financial modeling experts include: Derek Baker, FP&A professional and co-founder of the FP&A Hub; Lance Rubin, CEO of Model Citizen and Chief Excel Officer at Excel Cloud; Diarmuid "Dim" Early, founder of Early Days Consulting; Craig Hatmaker, retired founder of Beyond Excel and advocate for modern modeling techniques; Dr. David Brown, finance professor at the University of Arizona and founder of the Microsoft Excel Collegiate Challenge; Danielle Stein Fairhurst, Sydney-based financial modeling trainer, author, and Microsoft MVP; Ian Bennett, leader of PwC's global financial modeling practice and Master Financial Modeler; and Craig Thompson, former investment banker now innovating in software at Aleph.

Expect to Learn:

Why financial models are (or aren’t) the ultimate decision-making tool for businesses.
The role of Excel in the future: is it here to stay, or will it be replaced by emerging technologies?
Power BI, Power Query, and Python in financial modeling—are they worth learning?
Controversial techniques: the debate on circular references and dynamic arrays.
Whether AI will eventually replace human modelers—and how soon.

Here are a few quotes from the episode:

"Excel’s modern tools, like Power Query and lambdas, are setting the stage for AI to change how we build models." - Lance Rubin
"AI can process data, but it lacks the creativity and business acumen needed for financial modeling." - Danielle Stein Fairhurst
"Excel is the foundation of the financial system, and its adaptability ensures it will last for years to come." - Dr. David Brown

From the future of Excel to the role of AI, the importance of financial statements, and the tools that modelers should master, this episode explored the evolving landscape of financial modeling.

Follow Derek:

LinkedIn - https://www.linkedin.com/in/derek-d-baker/

Follow Lance:

LinkedIn - https://www.linkedin.com/in/financial-modelling/

Follow Diarmuid:

LinkedIn - https://www.linkedin.com/in/diarmuidearly/

Follow Craig H:

LinkedIn - https://www.linkedin.com/in/craig-hatmaker-4449879/

Follow David:

Website - https://www.davidclaytonbrown.com/

Follow Danielle:

LinkedIn - https://www.linkedin.com/in/daniellesteinfairhurst/

Follow Ian:

LinkedIn - https://www.linkedin.com/in/ianrbennett/

Follow Craig T:

LinkedIn - https://www.linkedin.com/in/cfthompson/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:42] - Introduction to the Episode

[04:16] - The Debate Battle Starts

[07:12] - Should Financial Modelers Learn Python?

[11:15] - Dynamic Arrays vs. Traditional Models

[16:52] - Will Excel Ever Die?

[20:55] - Should Financial Modelers Learn Power BI?

[26:21] - Will AI Build Financial Models?

[32:09] - Circular References: Useful or Evil?

[39:27] - VBA in Financial Models

[44:41] - Number One Corporate Decision Making Tool

[52:58] - Which Financial Statement is Most Important?

[59:50] - Conclusion and Audience Poll

Why FP&A Needs a Chief Customer Happiness Officer with Charlie Liu

Thu, 28 Nov 2024 04:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst, aka The FP&A Guy, explores the evolving world of financial planning and analysis (FP&A) systems. With guest Charlie Liu, the conversation shifts to the art and science of optimizing financial tools and processes to drive business success. Charlie brings a wealth of experience in FP&A, systems consulting, and fractional CFO services, offering listeners practical advice on navigating challenges in financial operations.

Charlie Liu, founder of Monte Carlo Consulting, has over 15 years of expertise in corporate performance management and FP&A systems. He specializes in helping businesses streamline operations with the right tools, enhance financial visibility, and achieve data-driven decision-making. Charlie’s unique background in consulting, product management, and sales enables him to deliver strategic and technical insights that empower organizations.

Expect to Learn

Key traits of successful FP&A systems and how to separate from traditional accounting
When and how to implement financial planning tools with key indicators
Overcoming challenges in digital transformation and common pitfalls to avoid
Leveraging generative AI to revolutionize FP&A processes and reporting
Lessons learned from entrepreneurial ventures and adapting FP&A for startups

Here are a few relevant quotes from the episode:

"There’s no perfect tool; focus on understanding your needs and defining negotiables versus non-negotiables." - Charlie Liu
"Data is the foundation of FP&A. Clean, accurate data is essential for meaningful insights." - Charlie Liu
"We’re at a point where AI can handle repetitive tasks, allowing FP&A professionals to focus on strategy." - Charlie Liu

In this insightful episode, Charlie Liu shared his expertise on optimizing FP&A systems and leveraging the power of generative AI. His advice resonates for businesses of all sizes as he emphasized the importance of customer focus, strategic thinking, and adaptability.

Streamline Financial Planning with Kepion:

Scale and automate your financial planning beyond spreadsheets with Kepion—trusted by top industries to automate, customize, and optimize complex planning. Learn more at https://bit.ly/3YI5cfp

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Charlie:

LinkedIn - https://www.linkedin.com/in/charliexwliu/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Earn Your CPE Credit

In Today’s Episode

[01:57] - Introduction to the Episode and Guest

[03:50] - What Does Great FP&A Look Like?

[09:48] - Lessons from an E-Commerce CFO Role

[17:30] - Why Planning Tools Matter

[23:39] - Key Takeaways from OnPlan Experience

[30:38] - Overcoming Digital Transformation Challenges

[37:56] - Framework for Choosing FP&A Tools

[45:51] - The Future of FP&A with AI

[54:17] - Closing and Final Thoughts

How CFOs Can Master Data Governance to Scale Their Companies with Nathan Bell

Wed, 27 Nov 2024 04:00:00 -0600

This episode of Future Finance explores how organizations can better align their finance and data strategies to harness the power of emerging technologies like AI. With a focus on data governance, analytics, and the integration of advanced tools into financial workflows, hosts Paul Barnhurst and Glenn Hopper discuss both challenges and opportunities for finance professionals in the digital age.

Nathan Bell, is a seasoned executive with over 20 years of experience in steering organizations through complex financial and digital transformations. His career spans roles in credit management, banking, venture capital, and corporate finance, with expertise in data governance, analytics, and strategy. Nathan's passion lies in helping finance leaders leverage data to drive decision-making and growth.

In this episode, you will discover:

The importance of getting your “data house” in order before implementing AI.
How self-service BI tools can both empower teams and create challenges in organizations.
Why data governance and stewardship should be a co-led initiative between finance and engineering.
The role of finance leaders in ensuring data literacy and ownership across departments.
Practical insights into scaling finance operations for mid-market companies looking to grow.

As AI and automation tools continue to evolve, organizations must focus on integrating these technologies into their workflows in a way that complements their existing data strategies. Nathan emphasized the critical role finance leaders play in ensuring data quality and ownership across the organization.

Follow Nathan:

LinkedIn: https://www.linkedin.com/in/nathan-bell-1038662/

Website: https://www.vai-consulting.com/

Company: https://meetvirginia.io/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:58] - Generative AI and Finance: Myths vs. Reality

[11:17] - AI's Dependency on Clean Data

[12:36] - Guest Introduction: Nathan Bell

[20:02] - Bridging Data, Finance, and Storytelling

[25:25] - Foundations of Data Governance

[29:54] - Challenges with BI and Metrics Ownership

[32:33] - Scaling Finance Teams for Growth

[42:38] - Fun Segment: Travel Stories

[45:29] - Closing Thoughts and Call to Action

How Aligning Strategy with Modeling Transforms Corporate Deals with Sean Corcoran

Tue, 26 Nov 2024 04:00:00 -0600

In this episode of Financial Modelers Corner, Paul Barnhurst aka The FP&A Guy dives deep into the intersection of corporate development and financial modeling, focusing on mergers and acquisitions (M&A). Sean Corcoran, a seasoned expert with over 20 years in corporate development, shares his insights on navigating complex transactions, building effective financial models, and driving strategic growth through acquisitions.

Sean Corcoran is the Head of Corporate Development at DigiCert and has an illustrious career spanning Fortune 50 companies, private equity-backed ventures, and public firms. With experience leading over 60 acquisitions worth billions, Sean has a comprehensive understanding of the M&A lifecycle, strategic planning, and financial modeling.

Expect to Learn

Why simplicity and strategy are vital in corporate development financial models.
Common pitfalls in financial models and how to avoid them.
The importance of aligning strategic intent and integration during acquisitions.
How FP&A professionals can transition into corporate development roles.
The evolving tools and techniques in M&A due diligence and decision-making.

Here are a few quotes from Sean Corcoran:

"Culture is one of the key criteria for successful acquisitions; the only way to assess it is to spend time with the prospective target."
"A strategic partnership often evolves into an acquisition when both sides see value and alignment."
"From a corporate development perspective, simplicity is king when building financial models."
"AI is starting to play a role in M&A, especially in reviewing contracts and highlighting potential red flags."

From understanding the nuances of culture in acquisitions to navigating the challenges of carve-outs and earnouts, this episode offers an insightful conversation that highlights the complexity and opportunity within corporate development and the critical role of financial modeling.

Follow Sean:

LinkedIn - https://www.linkedin.com/in/sean--corcoran/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://bit.ly/497oAqW and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:19] - Introduction to the Episode and Guest

[05:37] - Sean’s Background and Career Journey

[08:09] - Key Lessons from M&A Experience

[12:43] - Responsibilities in Corporate Development

[17:10] - Favorite Deals and Lessons Learned

[21:37] - Building Effective Financial Models

[30:11] - Ensuring Alignment in Financial Modeling

[34:36] - Lessons from a Career in Corporate Development

[37:39] - Rapid-Fire Questions

[42:59] - Closing and Networking

The Real Reason CFOs Have the Shortest Careers With Steve Rosvold

Thu, 21 Nov 2024 04:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst, aka The FP&A Guy, dives into the evolving role of the CFO and the impact of financial planning and analysis (FP&A) on modern businesses. Steve Rosvold joins the show to explore the critical skills and strategies that drive success in financial leadership today.

Steve Rosvold is a seasoned finance leader and the founder of CFO University, a platform dedicated to developing CFOs and aspiring financial leaders. With a robust career spanning over two decades, including a CFO role at ConAgra Malt, Steve shares his journey from corporate finance to entrepreneurship, offering invaluable insights into the CFO's expanding role.

Expect to Learn:

The evolution of the CFO role: from cost controller to strategic partner.
Key challenges CFOs face in balancing tactical and strategic priorities.
How FP&A professionals can better align with business objectives to drive value.
The importance of technical and soft skills in transitioning from FP&A to the CFO role.
Practical advice for aspiring CFOs, including mentorship and self-awareness.

Here are a few relevant quotes from the episode:

"Human capital is becoming one of the most critical areas for CFOs to manage and measure." - Steve Rosvold
"One of the best ways to refine your communication is to get feedback from mentors." - Steve Rosvold
"The foundation of FP&A is in accounting, but its value lies in its forward-looking insights." - Steve Rosvold

This episode of FP&A Tomorrow provided a masterclass in the evolving landscape of financial leadership. From the significance of self-awareness to the need for actionable insights, Steve emphasized the blend of technical expertise and interpersonal skills required for success.

Streamline Financial Planning with Kepion:

Scale and automate your financial planning beyond spreadsheets with Kepion—trusted by top industries to automate, customize, and optimize complex planning. Learn more at https://bit.ly/3YI5cfp

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Steve:

Website - https://www.cfo.university/

LinkedIn - https://www.linkedin.com/in/steverosvold/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Earn Your CPE Credit

In Today’s Episode

[02:13] Steve’s Career Journey and Background

[03:57] Transition Challenges as a CFO

[09:53] The Changing CFO Role and Responsibilities

[14:11] FP&A Transformation as a critical function

[21:37] Skills and mindset shifts for aspiring CFO’s

[29:14] Steve’s Approach to Training Finance Leaders

[34:31] Great FP&A Practices

[45:29] Embracing Generative AI Tools

[55:08] Closing Advice and Wrap Up

Insights from the FATE Conference to navigate Success in Finance and Technology

Wed, 20 Nov 2024 04:00:00 -0600

In this insightful episode of Future Finance, Paul Barnhurst and Glenn Hopper bring the highlights of the recent Finance and Technology Expo (FATE) in New York. With a focus on financial planning, AI in finance, and the power of in-person networking, they provide insights from their roles as speakers and share perspectives from industry experts. The episode also includes contributions from Alex Brower, CEO of Qflow, and Liran Edelist of FP&A Hub, who dive into practical advice on software selection, innovation in finance, and the strategic role of AI.

The guests, Alex Brower shares advice on evaluating software vendors, and Liran Edelist emphasizes the importance of data and innovation in financial modernization. The episode also dives into trends to watch in 2025, from Nvidia’s AI initiatives to new generative AI tools in finance.

Expect to Learn:

How to evaluate financial planning tools effectively and cut through vendor hype
The impact of live AI integration on financial software and employee productivity
Key lessons from Daymond John’s FATE keynote on goal-setting and personal growth
Trends in finance tech and new generative AI capabilities from OpenAI and Anthropic
Practical approaches to implementing generative AI in finance while managing risk

This episode of Future Finance provides a firsthand look at the Finance and Technology Expo (FATE) and the powerful intersection of finance and technology. Paul and Glenn's recap emphasized the value of informed software choices, the necessity of a forward-thinking approach to AI, and the ever-present importance of data-driven modernization.

Follow Alex:

LinkedIn: https://www.linkedin.com/in/alexbrower/

Follow Liran:

LinkedIn: https://www.linkedin.com/in/drliranedelist/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

AI Mastery for Finance Professionals: https://a.co/d/hOEegnR

Follow Paul:

Follow QFlow.AI:

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:19] - Conference Overview and Experience

[03:50] - Keynote Highlights from Daymond John

[05:28] - Alex Brower on Vendor Selection and Demos

[10:29] - Paul on Navigating the FP&A Tool Market

[17:58] - Glenn on Generative AI in Finance

[23:30] - Liran Edelist on Modernization and Data Strategy

[29:13] - Tech Trends to Watch for 2025

[34:18] - Fun Segment: Spreadsheet Challenges

[36:23] - Wrap-Up and Feedback Request

Excel Problem-Solving Strategies for Financial Modelers to Build Robust Models with Liam Bastick

Tue, 19 Nov 2024 04:00:00 -0600

In this engaging episode of Financial Modelers Corner, host Paul Barnhurst, aka "The FP&A Guy," sits down with Liam Bastick, Managing Director of Sum Product and a highly respected figure in financial modeling and Excel expertise. Known for his complex modeling work, quirky sense of humor, and love for a good challenge, Liam shares insights into the nuances of financial modeling, discusses his favorite Excel tips, and reveals his fascination with the evolving role of AI in modeling.

Liam Bastick is a seasoned corporate trainer, author, and financial modeling expert, with a focus on Excel, Power BI, and AI applications. With a career that includes awards like Microsoft’s Most Valuable Professional and the inaugural Lifetime Achievement, international recognition, and extensive teaching, Liam provides listeners with both practical advice and fascinating anecdotes from his career.

Expect to Learn:

Excel optimization tips and learn how to effectively use Quick Access toolbar
Circular references and financial modeling horror story insights
Challenges and advantages of modeling in Power BI
How AI is changing financial modeling and what the future might hold
Liam’s approach to problem solving to stay at the forefront of innovation

Here are a few quotes from Liam Bastick:

“The best tip I can give is to put the tools you use most often on the Quick Access toolbar. It’s underused but incredibly helpful.”
“If you've got circular references in your model, you’re already on thin ice. They can lead to wrong answers and complete chaos.”
“With AI, you can do the front-end and back-end work in financial modeling, but it’s still not there yet for the mechanics in the middle.”

In this insightful episode, Liam Bastick shared his passion for financial modeling, bringing both humor and depth to complex topics in Excel, Power BI, and AI. His reflections on adaptability, continuous learning, and challenging the limits of traditional tools serve as powerful reminders for anyone in finance or data analysis.

Follow Liam:

Website - https://www.sumproduct.com/
LinkedIn - https://www.linkedin.com/in/liam-bastick-73a39114/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:52] – Introduction to guest Liam Bastick

[03:44] – Liam’s Modeling Horror Stories

[08:32] – Liam’s Professional Journey and Challenges

[14:17] – Running a Business and Reinvention

[16:05] – Discussing AI’s Impact on Financial Modeling

[20:39] – Books and Teaching Tips

[35:50] – Rapid Fire: Excel Best Practices

[46:57] – Advanced Modeling Techniques and Final Tips

[54:16] – Contact Information and Wrap Up

How FP&A Professionals Can Bridge the Gap Between Finance and Operations with Kathy Svetina

Thu, 14 Nov 2024 04:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst, also known as The FP&A Guy, dives deep into the world of financial planning and analysis with Kathy Svetina. As a fractional CFO for businesses, Kathy shares her expertise in transforming small to mid-sized companies’ financial health and operational efficiency. She discusses her five-part framework for building a solid financial foundation and shares insights on how smaller businesses can leverage FP&A to drive sustainable growth and avoid common financial pitfalls.

Kathy Svetina is the founder of Newcastle Finance, specializing in fractional CFO services for businesses with $10 million+ in annual revenue. With over 14 years in senior-level FP&A roles in Fortune 500 companies, Kathy brings top-level financial acumen to smaller enterprises, helping them scale while improving financial stability and operational efficiency. Passionate about strategic finance, Kathy provides invaluable advice on how FP&A functions can help build resilient and thriving companies.

Expect to Learn

Kathy’s five-part framework that structures financial health
Practical approaches to FP&A for smaller businesses
The critical role of financial systems and processes
The importance of internal controls and risk management
Tips for effective financial storytelling and influence

Here are a few relevant quotes from the episode:

“I created Newcastle Finance to bring big-league financial savvy to smaller businesses that want to scale sustainably.” - Kathy Svetina
“For small businesses, strong internal controls are essential to protect against risk and ensure financial security.” - Kathy Svetina
“Good accounting and FP&A systems help the business see trends and understand what’s generating revenue against expenses.” - Kathy Svetina

Kathy shows how establishing solid foundations—like effective bookkeeping, robust internal controls, and meaningful financial analysis—can drive growth and stability. Emphasizing the value of communication and active listening, Kathy encourages FP&A professionals to think beyond reporting and embrace their role as strategic partners within the organization.

Streamline Financial Planning with Kepion:

Scale and automate your financial planning beyond spreadsheets with Kepion—trusted by top industries to automate, customize, and optimize complex planning. Learn more at https://bit.ly/3YI5cfp

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Kathy:

Website - https://www.newcastlefinance.us/

LinkedIn - https://www.linkedin.com/in/ksvetina/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Earn Your CPE Credit

In Today’s Episode

[01:57] – Kathy Svetina's Background

[03:58] – Defining Great FP&A

[07:07] – Why Kathy Left Corporate Finance

[09:57] – A Success Story in Financial Transformation

[19:26] – The Five-Part Financial Framework

[32:10] – FP&A's Role in Bridging Business Silos

[43:06] – Key Skills for FP&A Professionals

[49:34] – Personal Insights and Interests

[54:06] – Parting Advice on FP&A Excellence

Finance & Technology Trends from FATE Conference with Paul & Glenn

Wed, 13 Nov 2024 04:00:00 -0600

In this episode of the Future Finance Show, hosts Paul Barnhurst and Glenn Hopper dive into the convergence of finance, technology, and AI. They reflect on their experiences at the recent Finance and Technology Expo in New York, where they were both speakers. Covering themes from AI integration to the role of data in financial planning, they explore how these emerging trends are transforming the finance landscape.

The episode features Paul Barnhurst, known for his expertise in FP&A (Financial Planning & Analysis), and Glenn Hopper, author and finance tech expert currently on a speaking tour for his new book, AI Mastery for Finance Professionals. They’re joined by guests from the Finance and Technology Expo, including Alex Brower, CEO of Qflow.AI, and Liran Edelist, co-founder of the FP&A Hub, who share insights on technological innovation in finance.

In this episode, you will discover:

Frameworks for choosing FP&A tools that match different organizational needs
The real impact of AI on finance jobs and practical uses of AI
Top Takeaways from the Finance and Technology Expo
Why consolidated data is crucial for effective AI and planning applications
The importance of having policies for AI integration to prevent misuse

In this episode, Listeners are reminded that as powerful as AI and tech tools can be, their impact hinges on having the right infrastructure, skills, and a strong strategy for integration. The hosts offer actionable advice on navigating today’s finance tech landscape and preparing for tomorrow.

Follow Alex:

LinkedIn: https://www.linkedin.com/in/alexbrower/

Follow Liran:

LinkedIn: https://www.linkedin.com/in/drliranedelist/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

AI Mastery for Finance Professionals: https://a.co/d/hOEegnR

Follow Paul:

Follow QFlow.AI:

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[02:44] - Paul’s Monologue: People, Process, and Technology

[05:32] - The Future of Jobs in the AI Era

[08:45] - Reflections on the Finance and Technology Expo

[14:15] - Alex Brower on Choosing the Right Finance Tools

[19:17] - Insights from Paul’s Presentation

[26:47] - Glenn on Effective AI Strategy for Finance Teams

[31:47] - Modernization and Data-Driven Decision Making

[38:01] - Latest AI Innovations and Predictions for 2025

[45:35] - Wrap-Up and Closing Remarks

Why Skills & Storytelling Matter More Than Degrees in Financial Modeling – Rachit Jain

Tue, 12 Nov 2024 04:00:00 -0600

In this insightful episode of Financial Modelers Corner, host Paul Barnhurst (aka The FP&A Guy) welcomes financial modeling expert Rachit Jain. They delve into the nuances of financial modeling, exploring the art of building accurate, reliable models and the importance of critical thinking and lifelong learning in finance. Rachit shares real-world horror stories from his early career, reflects on the challenges of predictive modeling, and emphasizes the human elements that make models truly effective.

Rachit Jain is a seasoned financial modeler with extensive experience in finance, auditing, and quantitative modeling. Having worked with firms like Hewlett Packard and Deloitte, Rachit brings a wealth of knowledge on creating models that inform decision-making and avoid critical pitfalls. His expertise spans FP&A, data science, and quantitative finance, making him an authority on building dynamic, real-world financial models.

Expect to Learn:

How to build trust in financial models through transparency and sound design
Why critical thinking and communication skills are crucial in financial modeling
Rachit’s career journey and his transition from audit to financial modeling
The role of data science in enhancing financial modeling capabilities
Strategies for applying financial modeling in personal decision-making

Here are a few quotes from Rachit Jain:

"The first step in financial modeling is critical thinking – you need to know what you want to achieve before you start building."
"In financial modeling, curiosity is everything. It’s what drives you to improve and learn beyond the basics."
"Before starting in financial modeling, understand what part of FP&A suits your skills. Not everyone is a ‘numbers person,’ and that’s okay."

In this episode, Rachit Jain highlights financial modeling as both an art and science, emphasizing the importance of accuracy, clarity, and storytelling. Rachit’s approach shows that great financial modeling goes beyond numbers; it requires curiosity, critical thinking, and a balance between simplicity and sophistication.

Follow Rachit:

LinkedIn - https://www.linkedin.com/in/jainrachit1008/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:15] - Introduction to the Episode and Guest

[05:26] - Rachit’s Background and Career Path

[09:00] - Advice for Transitioning to Financial Modeling

[11:01] - Lifelong Learning in Finance

[13:17] - Financial Modeling as a Way of Thinking

[18:15] - Unique Applications of Financial Modeling

[22:23] - Building Models for Decision Making Process

[26:57] - The Intersection of Data Science and Financial Modeling

[33:40] - Rapid-Fire Financial Modeling Preferences

[38:53] - Closing Advice and Wrap Up

How Data Storytelling Can Transform Your FP&A Strategy with Brent Dykes

Thu, 07 Nov 2024 04:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst, the FP&A Guy, dives deep into the art of data storytelling with analytics expert Brent Dykes. With extensive experience in data visualization and analytics, Brent shares insights on how finance professionals can effectively communicate data insights. He emphasizes that data storytelling is more than visuals—it's about crafting a compelling narrative that bridges data and decision-making.

Brent Dykes is the founder of Analytics Hero, a consultancy dedicated to data storytelling. He's also an author and educator with years of experience in data analytics, consulting, and data visualization. Brent wrote the book Effective Data Storytelling and has taught data visualization at the University of Utah. His work focuses on enhancing how organizations use data to inform strategy and decisions.

Expect to Learn:

The core components of data storytelling: data, narrative, and visuals.
Why narrative is often the missing link in data-driven presentations.
The role of empathy and audience understanding in effective communication.
Practical steps for creating a data-driven culture within your organization.
How human intuition complements data in decision-making processes.

Here are a few relevant quotes from the episode:

"The last mile of analytics is where data storytelling lives. That’s where insights turn into action." - Brent Dykes
"It’s the combination of data, narrative, and visuals that makes a message stick and drives action." - Brent Dykes
"If you just present a problem without recommendations, you're leaving too much on the table. A story includes a path forward." - Brent Dykes

By explaining the science behind storytelling and offering practical advice, Brent Dykes underscores that empathy, clarity, and audience engagement are at the heart of effective data storytelling. FP&A professionals are encouraged to embrace this skill, not only to communicate data effectively but to foster a more data-driven culture in their organizations.

Streamline Financial Planning with Kepion:

Scale and automate your financial planning beyond spreadsheets with Kepion—trusted by top industries to automate, customize, and optimize complex planning. Learn more at https://bit.ly/3YI5cfp

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Brent:

Website - https://www.analyticshero.com/

LinkedIn - https://www.linkedin.com/in/brentdykes/

Book - https://www.effectivedatastorytelling.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Earn Your CPE Credit

In Today’s Episode

[01:37] - Introduction to the episode

[02:44] - The Importance of Clarity in FP&A

[09:02] - The Last Mile of Analytics

[11:25] - Defining Data Storytelling

[20:03] - Creating a Data-Driven Culture

[25:22] - The Psychology Behind Storytelling

[36:03] - Lessons Learned from Early Data Communication Mistakes

[42:36] - Getting Started with Data Storytelling

[52:13] - Closing Thoughts and Course Announcement

Why Finance Teams Resist Change And How to Fix It with Joe Manganelli

Wed, 06 Nov 2024 05:00:00 -0600

In this episode, the hosts Paul Barnhurst (aka The FP&A Guy) and Glenn Hopper welcome Joe Manganelli, Chief Revenue Officer at Amalgam and founder of Calculate, a consultancy for financial solutions in startups. Joe shares his entrepreneurial journey, explaining how Amalgam evolved from a simple Excel macro into a powerful tool that integrates with platforms like QuickBooks, Xero, and Shopify.

The discussion turns to the role of technology in finance, how companies can better utilize data, and why AI will reshape the landscape of finance teams. Joe also offers insights into AI's impact on investing, risk management, and the growing importance of adaptable, tech-enabled tools in finance.

Expect to Learn:

How Amalgam helps businesses automate data processes without complex implementations
Key challenges in transitioning from simple tools to robust financial platforms
The role of AI in finance and how to prepare for its ongoing integration
Joe’s approach to investing in AI-focused startups and risk mitigation
Practical steps finance teams can take today to become more tech-enabled

Joe’s insights highlighted how simplicity, adaptability, and technology-driven solutions are redefining finance functions, especially for startups and agile teams. Whether you’re in finance, tech, or an entrepreneurial role, Joe’s practical advice offers a roadmap for leveraging technology to maximize efficiency and data security in finance.

Follow Joe:

LinkedIn: https://www.linkedin.com/in/joemanganelli/

Website: https://www.amalgam.me/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:56] – The creation and purpose of Amalgam

[02:07] – Challenges in scaling a product for the finance market

[03:44] – How fractional CFOs and in-house finance teams leverage Amalgam

[05:46] – Thoughts on agnostic, supportive, and proactive AI investments

[11:09] – How not storing data directly adds value and simplicity

[18:51] – Joe’s three-part approach for finance teams preparing for AI

[21:19] – Moving beyond chatbots to a seamless integration in daily workflows

[28:12] – Fun segment – “Get to Know You”

[32:47] – Closing remarks and final thoughts

Fractional CFO Insights on Financial Modeling and Business Turnaround with Carl Seidman

Tue, 05 Nov 2024 05:00:00 -0600

In this episode, Paul Barnhurst, host of Financial Modeler’s Corner, is joined by Carl Seidman, an experienced financial consultant and financial modeling expert. Together, they explore the intricacies of financial modeling, discuss the art and strategy of dynamic cash flow modeling, and touch on the unique challenges and lessons Carl has gathered from his years in turnaround consulting. They also discuss the broader skills and mindset shifts required for modelers who aim to excel in the complex field of financial analysis and corporate finance.

Carl Seidman is the founder of Seidman Financial and a recognized expert in financial planning, forecasting, and modeling. With experience in turnaround consulting and as a fractional CFO, Carl has worked extensively with underperforming companies and complex restructuring cases. He brings an in-depth understanding of the strategic nuances in financial modeling and cash flow management, which he shares in this episode.

Key takeaways from this week's episode include:

The importance of long-term, flexible thinking in financial modeling and planning.
Carl’s top lesson learned from a modeling “horror story” and how it shaped his approach to dynamic modeling.
How dynamic arrays are transforming cash flow modeling and how to implement them.
Why operational knowledge is crucial for effective financial modeling in turnaround situations.
The value of networking and formal certifications in restructuring and financial advisory roles.

Here are a few quotes from Carl Seidman:

"Financial modeling in complex situations is about facilitating discussions, not just presenting numbers."
"A good model tells you the ‘what,’ but the analysis and conversations that follow tell you the ‘so what’ and ‘now what.’"
"It's important to know when to push the boundaries of what a model can do and when to keep things simple."

In this insightful episode, Carl Seidman leaves listeners with practical advice and a fresh perspective on financial modeling’s role in modern business. He highlights the value of flexibility, clear communication, and a long-term mindset, particularly in the complex terrain of turnaround consulting.

Follow Carl:

Website - https://seidmanfinancial.com/
LinkedIn - http://linkedin.com/in/carlseidman

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:12] – Introduction to the episode and guest

[05:44] – Key Lessons in Modeling and Long-Term Strategy

[10:36] – From PwC to Turnaround Consulting

[16:02] – Certified Insolvency and Restructuring Advisor (CIRA)

[20:20] – Diagnosing Cash Flow Issues in Underperforming Companies

[28:52] – Embracing Dynamic Arrays for Efficient Cash Flow Modeling

[32:40] – Modeling Mindset: Curiosity and Continuous Improvement

[37:57] – Rapid-Fire Q&A: Financial Modeling Preferences

[41:59] – Advice for Aspiring Modelers: Practice and Experiment

[43:30] – Closing Remarks and Where to Connect

Why FP&A Should Be Your Strategic Powerhouse, Not a Reporting Tool – Olivia MacDonald

Thu, 31 Oct 2024 05:00:00 -0600

In this episode, host Paul Barnhurst (aka The FP&A Guy) dives deep into the evolving world of Financial Planning & Analysis with Olivia MacDonald, a highly skilled financial professional with a diverse background in FP&A process optimization and system implementation. The conversation explores what makes FP&A great, focusing on business partnerships and the strategic role FP&A can play beyond just reporting numbers.

Olivia is a qualified CPA and ACA with a proven track record of delivering strategic solutions that drive efficiency, accuracy, and transparency across organizations. With a mastery of data extraction and transformation tools like MQL, SQL, and SOQL, Olivia has helped companies streamline operations, enhance financial transparency, and drive decision-making through data. Her non-traditional path into FP&A—from audit to FP&A consultancy—gives her a unique perspective on how finance can be a business driver, not just a reporting function.

Expect to Learn

What distinguishes great FP&A teams, with a focus on strategic business partnering.
How audit and FP&A share common skills, and how auditors can leverage financial modeling experience.
The importance of building strong relationships as an FP&A professional and working with different business units.
Olivia’s unique career journey from auditing in Ireland to working in FP&A and the key lessons learned.
Strategies to streamline the budgeting process and engage business partners in decision-making.

Here are a few relevant quotes from the episode:

“FP&A shouldn’t just be a reporting function. It needs to be a strategic business partner that helps drive decision-making.” - Olivia MacDonald
“Having mentors who can tell you, ‘That’s a bad idea,’ is invaluable. It’s how I ended up taking risks in my career that paid off.” - Olivia MacDonald
“When I got into FP&A, I realized how important it is to be a business partner, not just a numbers person.” - Olivia MacDonald

This episode with Olivia MacDonald takes us through the evolving role of FP&A where she emphasizes the importance of involving business partners in the budgeting process, learning from mentors, and embracing technology, including generative AI.

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Olivia:

LinkedIn - https://www.linkedin.com/in/oliviarosemacdonald/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Enroll for Financial Planning & Analysis Certificate Program:

Earn Your CPE Credit

In Today’s Episode

[02:13] Introduction to the episode and guest

[04:22] What Does Great FP&A Look Like?

[06:21] Olivia’s Journey from Auditing to FP&A

[09:31] Learning from Audit to Excel in FP&A

[12:31] Transition to Canada and FP&A Consulting

[22:09] Data Skills and the Future of FP&A

[29:03] Tips for Selecting FP&A Tools

[38:54] A Blitz Approach to Budgeting

[46:55] Using Generative AI in FP&A

[55:49] Closing Thoughts & Advice

Empowering Fractional CFOs with AI and Automation for Better Financial Solutions with Joe Manganelli

Wed, 30 Oct 2024 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst (The FP&A Guy) and Glenn Hopper welcome guest Joe Manganelli. Joe shares his journey from creating a simple Excel macro to founding Amalgam, now an integrated platform for financial automation. With rich insights on AI in finance, entrepreneurship, and investments, Joe discusses the evolution of his company, modern finance's future, and why simplifying processes is often key to innovation.

Joe Manganelli is the Chief Revenue Officer of Amalgam and founder of Calculate, a finance and accounting consultancy for startups. With a background in finance and accounting for emerging businesses, Joe has deep expertise in building practical tech solutions for finance teams. His current focus with Amalgam is making financial data easily accessible, automating workflows, and developing tools that streamline the finance function.

In this episode, you will discover:

How Amalgam helps finance teams by simplifying and centralizing financial data through Excel.
The steps finance functions can take to prepare for AI integration and data automation.
Insights into the challenges of scaling a tech product from a macro to a platform.
Joe’s perspective on investing in AI technology and the importance of aligning with market needs.
The practical future of AI in finance, from predictive analysis to process automation.

In this episode, Joe Manganelli offers a wealth of insights into the intersection of finance, automation, and AI, underscoring the importance of simplifying financial workflows for greater efficiency. Joe’s perspective as both a founder and investor provides valuable guidance for anyone navigating the evolving landscape of finance and technology.

Follow Joe:

LinkedIn: https://www.linkedin.com/in/joemanganelli/

Website: https://www.amalgam.me/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

AI Mastery for Finance Professionals: https://a.co/d/h8cTGeR

Follow Paul:

Follow QFlow.AI:

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:47] – Real Use Cases of Generative AI

[09:14] – Introduction to guest Joe Manganelli

[11:13] – Overcoming Challenges and Scaling the Product

[13:51] – Joe’s Investment Philosophy in AI and Startups

[19:36] – Amalgam’s Data Security and Efficiency Approach

[28:05] – The ‘Walk Before You Run’ Strategy for AI in Finance

[30:33] – The Proactive Potential of Generative AI in Finance

[35:16] – Future of Predictive Financial Analysis with AI

[38:01] – Fun Q&A segment with Joe

[42:01] – Closing Remarks and Wrap Up

The Secrets to Automating Data Integration and Reporting in Excel With Mark Proctor

Tue, 29 Oct 2024 05:00:00 -0600

In this episode of Financial Modelers Corner, host Paul Barnhurst (aka The FP&A Guy) is joined by guest Mark Proctor. Together, they delve into the intricacies of financial modeling and data analysis, with a focus on building efficient models and leveraging automation in Excel. Mark shares his deep expertise on why structure is key, how to automate tedious tasks, and how Excel continues to evolve to meet the demands of modern financial professionals.

Mark Proctor is a seasoned financial professional with a background in accounting and finance, an Excel MVP, and the founder of Excel Off the Grid, a platform dedicated to improving efficiency and effectiveness in Excel. With decades of experience, Mark's insights are invaluable for anyone looking to optimize their use of Excel for financial modeling and beyond. He has helped countless professionals streamline their work through better data structure and automation techniques.

Key takeaways from this week's episode include:

Key differences between financial modeling and data analysis
Importance of automation in Excel and how tools like Power Query and Power Pivot can drastically improve efficiency.
Why traditional tools like Vlookup aren’t ideal for modern data analysis and what functions you should be using instead.
How to approach building models that are flexible and easy to use, even when multiple stakeholders are involved.
Practical strategies for reducing manual processes and eliminating the need for repetitive tasks in Excel.

Here are a few quotes from Mark Proctor:

"Hard coding is the enemy of a flexible financial model. Once you start hard coding, you lose the ability to see what's really driving the model."
"One of the key takeaways from bad models is that manual adjustments should always be documented and trackable."
"Automation should be about freeing up your time to focus on high-value tasks, not just about making things faster."

As Excel continues to evolve with powerful features like dynamic arrays and advanced automation, the tools discussed in this episode are essential for anyone looking to keep pace with the future of financial modeling. Mark’s emphasis on mastering the basics and thinking structurally will help you work faster and more effectively.

Follow Mark:

Website - https://exceloffthegrid.com/
LinkedIn - https://www.linkedin.com/in/markstephenproctor/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:54] - Financial Modeling Horror Stories

[04:55] - Lessons from Bad Models

[06:28] - Mark's Career Journey and Background

[12:59] - Data Analysis vs. Financial Modeling

[19:17] - Excel as a Data Analysis Tool: Key Innovations

[22:55] - Automation in Excel and Practical Tips

[33:59] - The Importance of Mastering Excel Basics

[44:19] - Wrap-Up and Closing Remarks

Budgeting Strategies for Business Leaders to Maximize Growth and Efficiency with Aaron Goss

Thu, 24 Oct 2024 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst (aka The FP&A Guy) engages in a deep discussion with guest Aaron Goss where they explore the intricacies of effective FP&A from the perspective of a company leader. The conversation provides insights into how budgeting and forecasting evolve when a company transitions from privately owned to being backed by private equity.

Aaron Goss is a seasoned executive with a unique career path. Starting as a part-time sales employee, Aaron quickly rose to the position of Chief Revenue Officer before becoming president of Brothers Paving and Concrete. With a background in public administration, Aaron brings a fresh perspective to leadership in the construction industry, having steered his company from small-scale operations to large-scale growth under private equity backing.

Expect to Learn

How Aaron Goss defines good FP&A and what makes an ideal business partner for a CEO.
The differences between budgeting in a privately owned company versus one backed by private equity.
Leadership strategies to improve collaboration between finance and operations teams.
Insights into transitioning from sales to executive leadership, and how skills from different fields translate into success.
How empathy and understanding the challenges of other departments lead to better leadership and company culture.

Here are a few relevant quotes from the episode:

"There’s often a natural conflict between the CEO's broad vision and the finance team’s need for detail, but it’s essential to balance those perspectives." - Aaron Goss
"Being a partner in solutions, rather than just a reporter of data, is what makes FP&A truly effective." - Aaron Goss
"A great leader is a great coach, communicator, and someone who can build trust across teams, regardless of their technical expertise." - Aaron Goss

This conversation with Aaron Goss offers a wealth of insight into team collaboration, effective FP&A, and executive leadership. He emphasizes the need for empathy, clear communication, and balancing details with the broader company vision.

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Aaron:

Email - agossva@gmail.com

LinkedIn - https://www.linkedin.com/in/aaron-goss-a06b36b/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Enroll for Financial Planning & Analysis Certificate Program:

Earn Your CPE Credit

In Today’s Episode

[01:25] - Introduction to the episode

[03:06] - What is great FP&A to a CEO?

[10:24] - Budgeting process in different ownership structures

[17:10] - Leadership and finance collaboration

[23:08] - The importance of understanding operations

[28:04] - Sales and finance relationship dynamics

[31:52] - Key skills for FP&A professionals

[43:11] - Final thoughts on business partnering

[47:20] - Wrap up and contact information

AI Tools for Finance Professionals to Automate Reporting & Forecasting Today with Nicolas Boucher

Wed, 23 Oct 2024 05:00:00 -0600

In this episode, the hosts Paul Barnhurst (aka The FP&A Guy) and Glenn Hopper explore how artificial intelligence, particularly generative AI, is transforming the world of corporate finance. The conversation dives into the practical applications of AI in finance, the current trends shaping the industry, and the steps finance professionals can take to embrace these new technologies.

Nicolas Boucher, founder of the AI Finance Club, shares his expertise on how AI is helping finance teams work faster and more efficiently, with real-life examples and insights from his vast experience. With over 15 years of experience at global companies like PwC and Thales, Nicolas has trained more than 5,000 professionals on the power of AI in finance and is on a mission to reach a million finance leaders.

Expect to Learn:

How generative AI can revolutionize corporate finance
Practical examples of how AI tools can improve productivity for finance professionals.
The importance of becoming a "citizen developer" in the finance industry
The role of Python in automating financial processes and making data-driven predictions.
The best practices for finance professionals to adopt AI and integrate it securely

Whether you’re already experimenting with AI or just starting to explore its potential, this discussion highlights the tools and strategies that can drive efficiency and innovation in your finance team. By adopting AI and automation, finance professionals can stay competitive in a rapidly evolving landscape. Nicolas’ advice and experience provide a valuable roadmap for leveraging these technologies effectively.

Follow Nicolas:

LinkedIn: https://www.linkedin.com/in/bouchernicolas/

Website: https://ai-finance.club/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:04] - Introduction of Nicolas Boucher

[01:46] - Nicolas’ AI Discovery Journey

[03:47] - Using AI in Day-to-Day Business

[08:03] - The Role of Python and Automation in Finance

[15:05] - Exciting AI-Powered Software in Finance

[20:11] - Democratizing Finance Through AI

[25:31] - How Finance Professionals Can Stay Ahead in AI

[30:12] - Random Question Segment

[36:28] - Closing Thoughts and contact information

Next-Level Financial Modeling with AI and Automation for CFOs with Chase Wright

Tue, 22 Oct 2024 05:00:00 -0600

In this episode of Financial Modeler’s Corner, host Paul Barnhurst dives into the evolution of financial modeling with guest Chase Wright. The discussion focuses on modern financial modeling tools and workflows, particularly a new spreadsheet tool called Equals, and how it compares to Excel and Google Sheets. Wright shares his journey from a finance background to working at startups, where he developed innovative methods to streamline financial operations using cutting-edge tools.

Chase Wright is a seasoned finance executive with a decade of experience across startups and tech companies like GitLab, Instabug, and Red Hat. Currently the Head of Finance and Data at Uniqode, Chase has a unique blend of corporate finance, data science, and business management expertise. He’s also an advisor to Cacheflow and a limited partner at FOG Ventures. With an engineering background and deep experience in finance, Chase brings a fresh perspective on the challenges and innovations in financial modeling.

Key takeaways from this week's episode include:

How Chase Wright’s career journey led him to innovate in financial modeling
The role of modern spreadsheet tools like Equals in finance and data teams
How to use tools like Equals to automate reporting and financial analysis
The importance of balancing curiosity and necessity when developing career skills
The pros and cons of traditional modeling tools like Excel and Google Sheets versus newer alternatives

Here are a few quotes from Chase Wright:

“Equals is a modern spreadsheet for data and finance teams, connecting directly to your data sources.” - Chase Wright
“Financial models are incredibly helpful, but at the end of the day, it's the intuition behind the model that really matters.” - Chase Wright
“Slack integration in Equals makes communicating insights across the company incredibly simple.” - Chase Wright
“AI in Equals acts as a copilot, making things like summing columns or adding borders incredibly intuitive.” - Chase Wright

In this episode, Chase Wright shares his journey from struggling with complex models in Excel to embracing the automation and connectivity that Equals offers highlights the growing need for more intuitive and efficient financial tools. He emphasizes that the right tools, combined with critical thinking, can not only improve workflows but also provide deeper insights that drive business success.

Follow Chase:

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:45] – Introduction to Chase Wright and his journey

[02:54] – The nightmare of VBA models and lessons

[04:24] – Educational Path: Finance to Engineering

[07:01] – Equals: The modern spreadsheet tool

[15:13] – How Equals Simplifies Data Integration

[20:02] – Financial modeling: Critical Thinking in Action

[31:03] – Rapid Fire Segment: Excel and Equals

[39:37] – Conclusion and Final Thoughts

Leadership Skills for FP&A Professionals to Improve Forecasting and Analysis with Brett Hampson

Thu, 17 Oct 2024 05:00:00 -0600

In this episode, Paul Barnhurst dives deep into practical frameworks and leadership strategies for finance professionals with guest Brett Hampson. Brett discusses what he believes constitutes great FP&A and how grassroots finance transformations, rather than top-down technology implementations, can foster a proactive, value-creating FP&A culture.

Expect to Learn

What grassroots finance transformation entails and why it’s preferable to technology-centric approaches.
How to implement Brett’s FP&A Operating System and FP&A Flywheel framework to drive efficiency and value.
The importance of setting a clear vision and objectives for FP&A teams to move from reactive to proactive operations.
How to leverage attribution analysis and storytelling to enhance FP&A’s influence on business decisions.
Tips on creating a culture of continuous improvement within FP&A by focusing on people, processes, and technology in that order.

Here are a few relevant quotes from the episode:

“Grassroots finance transformation happens when each person on the team has their own vision and works towards solving specific challenges.” - Brett Hampson
“Technology alone doesn’t solve problems. It might fix one, but often creates new ones if cultural issues aren’t addressed first.” - Brett Hampson
“Our greatest challenge in FP&A is often ourselves – we need to avoid being too introspective and focus on the business.” - Brett Hampson

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Brett:

Website - https://bretthampson.gumroad.com/l/proactive

LinkedIn - https://www.linkedin.com/in/brett-hampson/

Newsletter - https://blog.forecastingperformance.com/subscribe

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Enroll for Financial Planning & Analysis Certificate Program:

Earn Your CPE Credit

In Today’s Episode

[02:12] - Brett’s Background and Introduction

[05:17] - The Creation of The FP&A Operating System

[08:04] - Developing a Proactive FP&A Culture

[13:22] - Grassroots FP&A Transformation

[16:32] - People and Process Before Technology

[29:28] - Building the Right Team and Culture

[35:11] - Establishing Efficient Processes with the FP&A Flywheel

[39:52] - Case Study: Turning Around Forecast Accuracy

[52:16] - Final Advice and Wrap-Up

AI Investment Strategies for Retail Investors to Outperform the Market with Andrew Einhorn

Wed, 16 Oct 2024 05:00:00 -0600

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper delve into the world of AI-driven financial analysis with Andrew Einhorn. From anecdotes about early AI experiments to deep insights on leveraging data, Andrew shares how his platform helps investors move beyond opinions and make data-backed decisions.

Andrew Einhorn is an entrepreneur and data scientist with over a decade of experience in creating technology companies. As the CEO and Co-Founder of Level Fields, Andrew's mission is to make sophisticated investment analysis accessible to everyday investors. His background spans epidemiology, regulatory science, and technology, with a focus on using data to simplify complex financial landscapes. He is passionate about solving problems and democratizing investment strategies.

In this episode, you will discover:

How AI can analyze real-time events to provide actionable investment insights for retail investors
The role of data in replacing opinion-based decisions with factual, evidence-driven analysis
Strategies for successfully integrating AI tools into financial decision-making processes
Insights into the challenges and rewards of being a startup entrepreneur in the fintech space
Key factors in building AI models specific to financial services and tailoring models to sector-specific needs

The conversation offers valuable perspectives on the transformative role AI plays in the financial industry today. Andrew’s insights emphasized the importance of moving past traditional investment analysis methods and adopting cutting-edge technology to unlock greater market opportunities.

Follow Andrew:

LinkedIn: https://www.linkedin.com/in/einhorn/

Website: https://www.levelfields.ai/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[02:09] – Why your company needs an AI strategy

[09:59] – Navigating the pitfalls of early AI adoption

[16:50] – Introducing Andrew Einhorn and Level Fields

[18:01] – The entrepreneurial drive and startup challenges

[24:02] – From epidemiology to AI in finance

[33:14] – How level fields makes advanced investment analysis accessible

[40:27] – Leveraging proprietary AI models in financial analysis

[44:05] – Quick-fire personal questions with Andrew

[47:12] – Closing remarks and wrap up

A Ground Breaking AI Generated Podcast on Financial Modeling with Paul Barnhurst

Tue, 15 Oct 2024 05:00:00 -0600

In this innovative episode, Paul Barnhurst experiments with Google’s AI tool, Notebook LM, and transforms previous guest interviews into an AI-generated episode. He explores the insights and best practices in financial modeling, as shared by veterans Scott Rostan, founder of Training the Street, and Ian Bennett, a PwC Australia leader with extensive experience in managing large modeling teams.

By leveraging AI, this episode explores how technology can recreate meaningful conversations with industry leaders, providing an interactive look at best practices, common pitfalls, and the evolving landscape of financial modeling. Paul explores advanced technical skills and the human elements that are essential to successful financial modeling.

Key takeaways from this week's episode include:

Four essential key pillars for excelling in financial modeling
Strategies for maintaining simplicity and auditability in financial models
Emerging tools in Excel and functionality of traditional financial modeling
How financial modeling expertise goes beyond technical skills
Insights on the potential future of financial modeling with AI advancements

Quotes from the Episode:

"Even in the world of complex finance, sometimes the simplest approach is the best approach." - Scott Rostan
"It’s about seeing the big picture, understanding your client’s needs and using your modeling skills to craft a solution, not just a spreadsheet." - Ian Bennett
"AI will get really good at those technical tasks, cleaning up data, maybe running some basic forecasts, but that just frees us humans up to focus on the stuff that requires creativity, critical thinking, and emotional intelligence." - AI

In this special AI-driven episode, Paul Barnhurst invites listeners to consider how the field of financial modeling is both grounded in foundational skills and evolving with new technologies. It’s about connecting with clients, asking the right questions, and using your skills to drive better business decisions.

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:17] Introduction to the episode

[03:57] Lessons from modeling mistakes

[06:29] Four key pillars of financial modeling

[08:51] Managing large-scale models

[13:40] Excel’s power stack and future enhancements

[15:14] Modeling standards and best practices

[19:38] Excel’s longevity and AI’s role

[22:44] The World of fractional FP&A

[27:38] AI’s place in financial modeling

[33:16] Wrap-up and invitation for feedback

How to Communicate Complex Financial Data Like a Pro with Soufyan Hamid

Thu, 10 Oct 2024 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst dives into the future of Financial Planning and Analysis (FP&A) with guest Soufyan Hamid. The discussion focuses on the evolving role of FP&A, from its traditional technical functions to a more business-focused and communicative role. Soufyan shares his journey and insights into improving presentation skills, communication, and becoming a valued business partner in the finance world.

Soufyan Hamid has over 17 years of corporate experience in finance, starting in auditing and consulting with PwC before becoming a finance business partner. Today, he leads The Finance Circle, where he trains finance professionals on improving their storytelling and presentation skills, a key aspect often missing in FP&A. Soufyan is known for his Financial Storytelling Program and his popular LinkedIn presence, where he shares tips with over 75,000 followers.

Expect to Learn

Why it's not just about numbers but adding strategic value to the business.
How effective storytelling can turn data into impactful business insights.
Soufyan’s transition from corporate finance to entrepreneurship.
How to prepare messages that resonate and drive action.
Overcoming the habit of over-detailing and shifting focus to clear communication.

Here are a few relevant quotes from the episode:

“Great FP&A today is about balancing technical skills with business partnering to add real value beyond the numbers.” - Soufyan Hamid
“In finance, it’s not just about the analysis, it’s about what you do with it and how you communicate it to others.” - Soufyan Hamid
“Storytelling in finance is essential because it helps non-financial people understand the business impact behind the numbers.” - Soufyan Hamid
“You need to focus on what’s important to your audience, not just what you think is important in the data.” - Soufyan Hamid

This episode underscores the power of clear, concise communication in transforming financial analysis into business value. Soufyan provides practical tips and frameworks, such as the "what, so what, now what" method, and shares actionable insights for FP&A professionals looking to make a greater impact.

Follow FP&A Tomorrow:

Newsletter - Subscribe on LinkedIn - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6957679529595162624 

Follow Soufyan:

Website - www.thefinancecircle.com

LinkedIn - https://www.linkedin.com/in/soufyanhamid/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Enroll for Financial Planning & Analysis Certificate Program:

Earn Your CPE Credit

In Today’s Episode

[01:38] – Introduction to the episode

[04:04] – What makes great FP&A today

[05:30] – Key lessons from auditing

[08:10] – A passion for finance business partnering

[12:08] – Soufyan’s transition to entrepreneurship

[18:59] – Discovering the power of storytelling

[27:24] – The four-step framework for presentations

[40:56] – Standard FP&A questions and insights

[46:36] – Personal insights: hobbies and favorite book

[52:18] – Closing and how to connect

How to Build Superior Financial Models for M&A With Patrick McMillan

Tue, 08 Oct 2024 05:00:00 -0600

In this episode of Financial Modelers Corner, host Paul Barnhurst dives deep into the world of Quality of Earnings (QofE) with expert guest Patrick McMillan, a seasoned CFO and transaction advisor. The conversation explores the intricacies of QofE, its importance in financial transactions, and the role it plays in assessing a company's financial health during mergers and acquisitions. Patrick shares real-world examples and insights into how financial professionals can use QofE to make informed decisions.

Patrick McMillan is a fractional CFO and transaction advisor at Amplēo, a Utah-based firm specializing in providing executive support to growing companies. With over two decades of experience in guiding businesses through periods of growth and M&A transactions, Patrick is known for his expertise in Quality of Earnings analysis. He brings a dynamic and passionate approach to finance, blending technical skill with strong storytelling abilities to help businesses navigate complex financial landscapes.

Key takeaways from this week's episode include:

The role of Quality of Earnings (QofE) in mergers and acquisitions, and how it differs from an audit.
How to differentiate between non-recurring and operating items when analyzing financial statements.
The importance of normalizing earnings for better understanding of a company’s performance.
Why soft skills like communication and storytelling are crucial in financial analysis.
Insights into how personal finance modeling can improve your financial modeling skills.

Here are a few quotes from Patrick McMillan:

"Quality of earnings isn't just an audit; it shows you how and why a company is performing in a certain way." - Patrick McMillan
"Understanding non-operating and non-recurring items is crucial to a quality of earnings report." - Patrick McMillan
"Patience is the most important lesson I’ve learned in my career, especially in communication." - Patrick McMillan
"Modeling your own personal finances is a great way to practice financial modeling skills." - Patrick McMillan

With actionable advice on financial modeling, transaction strategies, and lessons learned from his personal experiences, Patrick’s insights will resonate with professionals looking to sharpen their financial skills and improve decision-making in dynamic business environments.

Follow Patrick:

Website - https://ampleo.com/contact/
LinkedIn - https://www.linkedin.com/in/patrickmcmillan/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:10] - Introduction to Patrick McMillan

[04:25] - Worst Financial Model Story

[07:30] - Quality of Earnings vs. Audits

[09:30] - Identifying Non-Recurring vs. Operating Items

[13:31] - Patrick’s Journey to Becoming the "QofE Guy"

[17:57] - The technical understanding of QofE

[24:51] - Patrick’s decision for MBA

[29:56] - Importance of soft skills in QofE

[35:20] - Rapid-Fire Financial Modeling Tips

[38:44] - Personal Insights: Mountain Biking and Life Lessons

Essential Soft Skills for FP&A Analysts to Influence Decisions and Build Strong Relationships

Thu, 03 Oct 2024 05:00:00 -0600

In this special episode, Paul Barnhurst, aka the FP&A Guy, recaps key insights from the past six months of interviews on the "FP&A Tomorrow" podcast. He reflects on the soft and technical skills needed for financial planning and analysis (FP&A) professionals, shares standout advice from his expert guests, and dives into what makes great FP&A.

Paul Barnhurst, known as the FP&A Guy, is a finance professional with years of experience in the field of FP&A. Through his podcast, Paul brings in thought leaders to share their expertise, providing actionable advice for finance professionals looking to level up their skills. The episode is packed with tips from top CFOs, finance leaders, and FP&A professionals who have shaped the field.

Expect to Learn:

Learn the human skills that will help you collaborate better and drive impact in your organization.
Discover why financial modeling, Excel mastery, and understanding data are critical for FP&A success.
Hear expert perspectives on what makes FP&A teams truly world-class, with an emphasis on technology, data, and strategy.
How to translate complex financial data into actionable insights that your business partners can easily understand.
Why anticipating business needs and solving complex problems are vital traits for anyone in finance.

Here are a few relevant quotes from the episode:

"In FP&A, communication skills are crucial because you're translating complex finance into actionable insights." - Paul Barnhurst
"Learning to simplify is an art. Great FP&A professionals can take complex models and make them understandable." - Paul Barnhurst
"Understanding data architecture has been huge in my career—knowing how systems work together can set you apart." - Paul Barnhurst
"Great FP&A comes down to having the right people with the right skills, all working toward the same goal." - Paul Barnhurst

From mastering technical skills like financial modeling to honing soft skills like empathy and storytelling, Paul highlights how FP&A professionals can drive real business impact. By empowering teams with data, communicating clearly, and anticipating future needs, FP&A becomes more than just a financial function—it becomes a strategic partner to the business.

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Enroll for Financial Planning & Analysis Certificate Program:

Earn Your CPE Credit

In Today’s Episode

[01:29] – Introduction and overview

[03:27] – Key soft skills in FP&A

[09:44] – Essential technical skills

[15:50] – Personal dinner choices

[20:10] – Defining great FP&A

[26:25] – Courses and training for FP&A

[31:41] – Business partnering in FP&A

[36:37] – Final reflections and wrap up

The Role of AI in Shaping the Future of Finance Automation and Innovation with Nicolas Boucher

Wed, 02 Oct 2024 05:00:00 -0600

In this episode of the Future Finance, hosts Paul Barnhurst and Glenn Hopper do an in-depth analysis of the transformative role of AI in finance with Nicolas Boucher. With AI becoming increasingly central to the finance industry, this conversation explores how generative AI and automation are reshaping the future of financial operations, decision-making, and business strategy.

Nicolas Boucher is a finance expert and the founder of AI Finance Club, a platform dedicated to educating finance professionals about the integration of AI into their workflows. With over 15 years of experience in global finance positions at firms like PwC and Thales, Nicolas has trained more than 5,000 finance professionals. He shares his passion for AI and finance, emphasizing the importance of AI tools like ChatGPT, Python, and generative AI in driving efficiency and innovation in the finance world.

In this episode, you will discover:

How AI and generative tools like ChatGPT can help finance professionals streamline tasks and enhance productivity.
The importance of debiasing AI models and ensuring fairness in AI-driven decisions.
How to incorporate Python and automation into finance operations to accelerate workflows.
Practical insights on how companies can integrate AI without needing vast data science teams.
The future of citizen developers in finance and the democratization of coding with AI tools.

In this episode, Nicolas Boucher discusses the vast potential of AI in finance, from automating mundane tasks to empowering professionals with tools that enhance productivity and decision-making. Ultimately, while AI is revolutionizing finance, human expertise, creativity, and strategic thinking will remain irreplaceable.

Follow Nicolas:

LinkedIn: https://www.linkedin.com/in/bouchernicolas/

Website: https://ai-finance.club/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:57] Addressing bias in AI and its impact

[06:25] Your Job is Safe (for Now)

[09:50] Introduction to guest Nicolas Boucher

[13:41] AI in day-to-day business

[17:53] Generative AI and Python in finance

[25:01] AI tools for finance professionals

[30:02] Citizen developers and AI in SMBs

[35:14] How to stay ahead in AI

[40:02] Random questions segment

[46:18] Conclusion and final thoughts

The Future of Financial Modeling with AI Usability and Best Practices featuring Ruby Liu

Tue, 01 Oct 2024 05:00:00 -0600

In this episode of Financial Modelers Corner, host Paul Barnhurst welcomes Ruby Liu, Director at KPMG Australia’s Valuation Team, to dive into intricacies of financial modeling. Having led KPMG Australia’s Sydney modeling team and worked as the head of corporate finance in the energy sector, Ruby’s vast experience spans from transactional modeling for infrastructure assets to advising clients on valuation and capital raising. Ruby Liu brings over 16 years of professional expertise in corporate finance, financial modeling, and valuations.

This episode offers practical insights on managing complex financial models, optimizing processes, and the challenges of transitioning models from transactional to operational use. Ruby’s guidance provides a valuable learning opportunity on how to build efficient and user-friendly financial models. Her deep knowledge and hands-on experience make her a key voice in the field of financial modeling.

Key takeaways from this week's episode include:

The key differences between transactional and operational models and how to adapt them for long-term use.
Why keeping the model user in mind is crucial for building effective financial models.
Ruby’s top strategies for creating models that are simple, visually appealing, and efficient in calculation speed.
Insights into the challenges of working with large, complex models and how to manage issues.
How Ruby’s experiences at KPMG shaped her understanding of the financial modeling landscape.

Here are a few quotes from Ruby Liu:

"The most efficient model isn’t the one with the most complex formulas, but the one that’s easy to understand and use." - Ruby Liu
"In financial modeling, the goal is to fit the user’s purpose, not dazzle them with complexity." - Ruby Liu
"I think AI can help build models, but we’ll still need human oversight to interpret the results." - Ruby Liu

In this insightful episode, Ruby Liu offers a masterclass in financial modeling. From her candid reflections on the pitfalls of overly complex models to the importance of keeping the end user in mind, Ruby’s practical advice is invaluable for both novice and seasoned modelers alike.

Follow Ruby Liu:

LinkedIn - https://www.linkedin.com/in/liuruby

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:13] - Introduction to the episode and guest

[03:01] - Worst financial model and lessons learned

[08:28] - Ruby reflects on her evolving perspective on the industry

[12:47] - Ruby’s leadership experience at KPMG’s Sydney team

[16:47] - Insights into Ruby’s current role in valuations

[22:14] - Different valuation methods; income and market approaches

[25:57] - Converting transactional models into operational ones

[41:16] - Rapid fire questions segment with Ruby

[47:49] - Advice for modelers and contact information

Optimizing Cash Flow & Simplifying Financial Models with Brian Lanier

Thu, 26 Sep 2024 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst interviews Brian Lanier, a seasoned CFO with extensive experience in financial planning and analysis (FP&A) across multiple industries, including SaaS, technology, and healthcare. The discussion revolves around how FP&A can evolve from just reporting numbers to becoming a key partner in driving business decisions and transformations. Brian shares insights from his journey in private equity-backed companies, turnarounds, and M&A activities.

Brian Lanier is a CFO who has held financial leadership roles in multiple growth-stage companies. With a career that started at EY as an auditor, he has since moved into CFO roles across public, private, and private equity-owned companies. His expertise includes introducing companies to their first budgeting processes, upgrading accounting systems, and overseeing over $7 billion in M&A transactions. His deep understanding of business levers and their impact has led to successful turnarounds and significant cost savings.

Expect to Learn:

How FP&A has evolved from reporting to business partnering and transformation.
The key components of a successful FP&A function, including operational alignment.
The role of data and its quality in making sound financial decisions.
Strategies for managing financials during mergers, acquisitions, and divestitures.
The importance of flexibility and simplicity when creating financial models and budgets.

Here are a few relevant quotes from the episode:

“Great FP&A starts off with partnership with the company itself. It’s about more than reporting numbers.” - Brian Lanier
“I build my models with flexibility in mind, so if things change, you can quickly adjust without having to start from scratch.” - Brian Lanier
“Data is critical, but a lot of companies don’t have clean data. The first step is cleaning it up so you can make informed decisions.” - Brian Lanier
“Predictability is essential in FP&A. The more predictable you can make your revenue and expenses, the better decisions you can make.” - Brian Lanier

From his hands-on experience in growth-stage companies and M&A activities, Brian emphasizes the importance of understanding key business levers, fostering collaboration, and building flexible financial models that can evolve with the company. His deep dive into topics such as budgeting, pricing strategies, and operational alignment offers listeners practical advice on how FP&A can be a strategic partner in business transformation.

Follow Brian:

LinkedIn - https://www.linkedin.com/in/brianlanier1/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Enroll for Financial Planning & Analysis Certificate Program:

Earn Your CPE Credit

In Today’s Episode

[01:34] - Introduction of the episode and guest

[03:31] - What makes great FP&A?

[06:15] - First 90 days as a CFO

[10:49] - Real-life examples of pricing and margins

[16:43] - Balancing optimism in sales forecasting

[21:39] - Tying operations to financials

[27:03] - Brian’s approach of understanding the business

[31:56] - Advice for building a robust budget model

[37:44] – M&A and Turnarounds

[41:18] - Key skills for FP&A professionals

[49:26] - Final thoughts and contact information

VBA, AI, and Excel - Paul Barnhurst’s Key Takeaways from 40 Episodes

Tue, 24 Sep 2024 05:00:00 -0600

In this special solo episode, host Paul Barnhurst, also known as "The FP&A Guy," reflects on key insights gathered from past episodes of Financial Modeler’s Corner. With over 40 episodes under his belt, Paul dives into recurring rapid-fire questions posed to expert financial modelers worldwide. From circular references to VBA use and Excel's future, this episode offers valuable wisdom on the art and science of financial modeling.

Paul Barnhurst, an accomplished financial modeling professional and host of the podcast, takes center stage. Paul is the founder of “The FP&A Guy” and has earned the prestigious Advanced Financial Modeler (AFM) certification from the Financial Modeling Institute (FMI). His wealth of experience and insights makes this solo episode both engaging and informative.

Key takeaways from this week's episode include:

The most common preferences of expert financial modelers on key technical decisions.
Why dynamic arrays and other Excel functions are becoming increasingly important, and the pace of their adoption.
Insights into how artificial intelligence (AI) could impact financial modeling and whether it will replace human modelers.
The importance of good design principles in financial models, as shared by leading financial modeling experts.
Fun and practical Excel shortcuts used by seasoned modelers to boost efficiency and accuracy.

Here are a few quotes from Paul in this episode:

"Circular references are dangerous because most people don’t really understand what’s going on, and it can lead to other errors in your model." - Paul Barnhurst
"If at all possible, don’t use VBA in your model. The less you use it, the simpler the model is." - Paul Barnhurst
"I’m of the belief that AI will build models for us. It’s a question of when, not if." - Paul Barnhurst

In this special solo episode, Paul Barnhurst takes a moment to reflect on the lessons learned from over 40 episodes of Financial Modeler’s Corner. He shares key takeaways from the rapid-fire questions posed to some of the top financial modelers in the world, offering a wealth of advice on best practices, common pitfalls, and emerging trends in financial modeling. As always, he invites listeners to reach out with feedback, questions, and guest suggestions, reinforcing the show's commitment to fostering a global community of financial modeling enthusiasts.

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:09] - Introduction and background

[03:18] - Circular references in models

[04:55] - VBA in financial models

[06:45] - Dynamic arrays: the future of excel?

[16:50] - Will excel ever die?

[18:16] - AI and financial modeling

[20:31] - Financial models as corporate decision-making tools

[22:26] - Favorite excel shortcuts from top financial modelers

[30:34] - Closing thoughts and invitation to audience

Leadership, Strategy, and the Evolving CFO Role in Modern Finance with Jack McCullough

Thu, 19 Sep 2024 07:00:00 -0600

In this episode of FP&A Tomorrow, Paul Barnhurst interviews Jack McCullough to discuss the evolving landscape of FP&A and the changing role of CFOs. They explore the journey from FP&A to CFO roles, the strategic importance of finance today, and how CFOs are transitioning into broader leadership roles such as CEO. With insights into board management, leadership, and career growth, this episode offers a comprehensive look at the finance function's future.

Jack McCullough is a recognized authority in the world of finance leadership. As President of the CFO Leadership Council, Jack has guided countless CFOs through leadership development and strategic decision-making. He holds an MBA from MIT, is the host of the podcast Secrets of Rockstar CFOs, and is the author of two books, including The Psychopathic CEO. With a background in accounting and finance, Jack brings deep expertise in helping finance professionals thrive in leadership roles.

Expect to Learn:

The key skills FP&A professionals need to develop to become future CFOs.
How the role of CFO has shifted from financial control to strategic leadership.
The importance of building strong relationships with board members and using them as resources.
Insights into creating effective board presentations that align with audience expectations.
Leadership qualities that define successful CFOs and finance leaders.

Here are a few relevant quotes from the episode:

"FP&A is all about the future—how to consider it, prepare for it, and react when things go off course." - Jack McCullough
"Empathy is one of the most underrated leadership skills for CFOs." - Jack McCullough
"When you see a problem no one else sees, and you solve it, that’s real value-add." - Jack McCullough

In this episode, Jack McCullough provides a clear vision of the evolving role of CFOs and offers a wealth of knowledge on navigating the complexities of modern finance. His practical advice on building relationships with the board, crafting effective presentations, and honing leadership qualities such as empathy and transparency are invaluable for finance professionals at every level.

Follow Jack:

LinkedIn - https://www.linkedin.com/in/jackmcculloughcfo/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Visit Abacum - The Ultimate FP&A Solution

The title sponsor for this week’s episode of FP&A Tomorrow is Abacum, the leading mid-market FP&A solution trusted by hundreds of companies to eliminate the spreadsheet struggle. https://www.abacum.io

World-class Digital FP&A Course Bundle:

Earn Your CPE Credit

In Today’s Episode

[01:32] Introduction to the episode and guest

[02:54] The role of FP&A in today’s finance world

[04:03] The Shift in the CFO role

[08:33] Stories from Jack’s Podcast World

[11:17] Mastering the key principles behind board deck

[13:46] Building relationships with board members

[18:09] Optimism vs. Realism in leadership

[22:53] Jack’s book “The Psychopathic CEO”

[34:47] Essential leadership qualities for CFOs

[39:09] Key technical and soft skills for FP&A

[45:26] Jack’s personal life and fitness insights

[52:19] Closing remarks and contact information

The Future of AI in Business Mastering Effective Interaction and Resource Planning with Conor Grennan

Wed, 18 Sep 2024 23:45:00 -0600

In this episode of Future Finance Show, hosts Paul Barnhurst and Glenn Hopper dive deep into the revolutionary impact of generative AI on industries, with a particular focus on its implications in finance. They explore how AI transforms workflows, enhances productivity, and shifts the focus from tasks to higher-level thinking. The conversation breaks down common misconceptions about AI, such as the overhyped role of “prompt engineering,” and emphasizes how businesses can integrate AI while maintaining data privacy and security.

Conor Grennan, the guest of this episode, is the Chief AI Architect at NYU Stern School of Business and the founder of AI Mindset, a company helping leaders adopt AI effectively. Beyond AI, Conor is a New York Times best-selling author, recognized globally for his humanitarian work. His expertise lies not only in AI implementation but also in helping non-technical individuals understand and utilize AI's potential.

In this episode, you will discover:

The reality behind generative AI myths and why prompt engineering is overrated.
How AI transforms jobs by automating tasks, not replacing roles.
Ways finance professionals can balance AI efficiency with data privacy concerns.
Why adopting an AI mindset is crucial for leveraging its full potential.
How embracing AI in your work can give you a competitive edge in your career.

For finance professionals interested in harnessing the power of generative AI while balancing efficiency and security, this episode offers practical insights and frameworks. Conor Grennan’s unique blend of technical knowledge and relatable, human-centered teaching makes this a must-listen for anyone looking to stay ahead in the AI revolution.

Follow Conor:

LinkedIn: https://www.linkedin.com/in/conorgrennan/

Website: conorgrennan.com

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:59] - Concerns about data privacy in AI

[08:32] - Introduction of Conor Grennan

[10:10] - Conor's background and AI journey

[12:40] - The role of a chief AI architect

[16:42] - The truth about prompt engineering

[20:54] - The AI mindset and learning curve

[27:55] - AI’s impact on jobs

[35:23] - Conor's AI course and framework

[37:29] - Conor’s book: Little Princess

[42:47] - Conclusion and final thoughts

The Power of Data Automation in Financial Models and Tools for Corporate Success with Paul Medici

Tue, 17 Sep 2024 05:00:00 -0600

In this episode of Financial Modelers Corner, host Paul Barnhurst welcomes Paul Medici, founder and CEO of Medici Financial Modeling. They dive into the art and science of financial modeling, sharing horror stories, insights, and practical tips on how to avoid common pitfalls. The discussion revolves around the importance of simplicity and structure, and how mastering the fundamentals can save time and deliver better results.

Today’s guest is Paul Medici, the Founder and CEO of Medici Financial Modeling. With over a decade of experience, Paul specializes in building bespoke financial models and custom data automation tools for corporate clients across the US, Canada, and Europe. His expertise spans a wide range of industries, including financial services, healthcare, manufacturing, mining, real estate, retail, technology, and even charitable organizations. He holds an MBA from the University of Toronto and a Master’s in Geological Science and Engineering from Queen’s University.

Key takeaways from this week's episode include:

The most common mistakes in bad financial models and how to avoid them.
How a background in geology led Paul Medici to a career in financial modeling.
The importance of understanding revenue and cost build-ups in different industries.
Why practicing financial modeling on personal projects can enhance your skills.
Key shortcuts and techniques to speed up your Excel modeling process.

Here are a few quotes from Paul Medici:

"All bad models have one thing in common: they're not user-friendly, difficult to update, and time-consuming." - Paul Medici
"Most corporate models start simple but turn into 'Frankenstein' models over time as people add complexity." - Paul Medici
"If you're thinking about financial modeling, practice by building models for everyday tasks like personal budgets." - Paul Medici
"The key to mastering financial modeling is understanding how the financial statements and supporting schedules link together." - Paul Medici

From his early career in geology to teaching advanced Excel at top investment banks, Paul brings a wealth of knowledge to the conversation. He emphasizes the importance of building user-friendly models, practicing regularly, and finding the right balance between complexity and functionality.

Follow Paul Medici:

Website - https://medicifinancialmodeling.com/
LinkedIn - https://www.linkedin.com/in/paulmedici/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:27] - Introduction to the episode and guest

[03:15] - The worst financial model story and lessons learned.

[07:17] - Career transition from Geology to Finance

[12:40] - Challenges in modeling different industries

[19:22] - Favorite industries and financial models

[22:17] - Bespoke data automation tools

[25:47] - Teaching Excel and financial modeling courses

[34:29] - Advice for FMI Certification

[39:03] - Rapid fire: financial modeling preferences

[44:13] - Final advice and contact information

Finance secrets for driving business success through FP&A with Jim Caltabiano

Thu, 12 Sep 2024 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst is joined by Jim Caltabiano, a seasoned finance leader with over 30 years of experience in financial planning and analysis (FP&A) across various industries, including consumer packaged goods and food and beverage. The discussion centers around the evolving role of FP&A, the importance of insights over data, and strategies for building effective finance teams that can drive business value.

Jim Caltabiano brings a wealth of knowledge from his extensive career in FP&A and finance leadership roles at major companies such as Procter & Gamble, General Mills, Campbell Soup Company, Ajinomoto Foods, and Del Monte Foods. With a background in both finance and marketing, Jim offers a unique perspective on how FP&A professionals can go beyond traditional financial functions to become true business partners.

Expect to Learn:

Insights over data and the importance of connecting financial insights to drive business decisions.
Strategies to move from a siloed finance function to a business-first approach.
How FP&A professionals can better understand and contribute to business goals.
Techniques for making sound decisions when data is less than perfect.
Insights from Jim’s experience as a CTO on the role of data cleanliness and AI in future finance functions.

Here are a few relevant quotes from the episode:

"Great FP&A is all about the insights. It's all about being able to connect insights for the business." - Jim Caltabiano
"Thinking of data as a product rather than just a system changes how you manage and use it." - Jim Caltabiano
"Active listening is the most underutilized skill in business; it’s key to building relationships and understanding the business." - Jim Caltabiano

In this episode, Jim Caltabiano shares valuable insights on the evolving role of FP&A professionals in today's dynamic business environment. By adopting a holistic approach to data, leveraging multiple data sources, and focusing on active listening, FP&A professionals can elevate their role from number crunchers to strategic business partners. This episode is a must-listen for anyone looking to sharpen their FP&A skills and drive meaningful impact within their organization.

Follow Jim:

LinkedIn - https://www.linkedin.com/in/jimcaltabiano/

Email - j.caltabiano@icloud.com

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Enroll for Financial Planning & Analysis Certificate Program:

Earn Your CPE Credit

In Today’s Episode

[01:24] - Introduction to the episode and the guest, Jim Caltabiano

[02:38] - Defining great FP&A and the importance of insights

[04:50] - Jim’s career journey and professional background

[07:12] - Jim’s philosophy of business first, function second

[12:19] - Strategy for learning new businesses as an FP&A professional

[17:06] - Techniques for FP&A professionals to provide insights beyond reports

[25:00] - Managing data quality issues and incomplete information

[28:11] - Insights from Jim’s tenure as Chief Technology Officer

[38:27] - Discussion on the use of generative AI in FP&A

[40:51] - Quick insights on essential technical and soft skills

[49:30] - Closing thoughts and how to connect with Jim

Quantrix Approach to Simplify Complex Financial Problems with Gilbert Hangartner

Tue, 10 Sep 2024 05:00:00 -0600

In this episode of the "Financial Modelers Corner," host Paul Barnhurst welcomes Gilbert Hangartner, a financial modeler with a background in science. The discussion delves into the intricacies of financial modeling, the importance of simplicity in model construction, and the application of Monte Carlo simulations to understand risk. Gilbert shares his insights on how to approach financial modeling by asking the right questions rather than having complex formulas.

Gilbert Hangartner is a seasoned financial modeler who transitioned from a career in science, specializing in chemistry and physics, to financial modeling and risk analysis. His scientific training gives him a unique perspective on financial modeling, treating it as both a creative process and a technical discipline. Gilbert emphasizes the importance of simplicity and clarity in building effective models and is an advocate for using models as tools for communication and strategic decision-making.

Key takeaways from this week's episode include:

Understanding the importance of simplicity in modeling
The debate on whether financial modeling is more of an art or a science
Simplifying a problem and understanding the question before diving into model building.
Introduction to Monte Carlo simulations for risk management
A discussion on the limitations of Excel and future of financial modeling

Here are a few quotes from Gilbert Hangartner:

"A good model is not about complexity; it's about clarity and answering the right question." - Gilbert Hangartner
"For me, modeling is a creative act, much like writing a song or painting a picture." - Gilbert Hangartner
"Multi-dimensional modeling is key; real-world problems are never just two-dimensional." - Gilbert Hangartner
"The future of financial modeling lies beyond Excel; it’s time for more advanced, structured tools." - Gilbert Hangartner

In this episode, Gilbert Hangartner offers a fresh perspective on the world of financial modeling and challenges the conventional wisdom that financial models must be complex to be effective. Whether you're a seasoned modeler or just starting out, Gilbert's insights on Monte Carlo simulations provide valuable guidance on how to enhance your modeling skills and approach.

Follow Gilbert:

LinkedIn - https://www.linkedin.com/in/gilbert-hangartner-71754047/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:16] - Introduction to the episode and the guest, Gilbert Hangartner

[01:57] - The worst financial model horror story shared by Gilbert

[04:42] - Discussion on the importance of simplicity in financial modeling

[06:10] - Gilbert explains his transition from science to financial modeling

[10:11] - Art or Science? The nature of financial modeling

[13:45] - Strategies for asking the right questions when building a model

[17:16] - An overview of Monte Carlo simulations for risk modeling

[28:31] - The advantages of Quantrix over Excel

[44:47] - A contrarian view on the future of Excel in financial modeling

[47:48] - Closing Remarks and Contact Information

What Every FP&A Leader Must Know About Driving Change with Leslie Stuart

Thu, 05 Sep 2024 05:00:00 -0600

In this episode of FP&A Tomorrow, we dive into the evolving landscape of Financial Planning & Analysis (FP&A) with a focus on finance transformation. Leslie Stuart, a seasoned expert in FP&A and finance transformation, shares her insights on how modern finance functions are adapting to new technologies, data management practices, and process improvements to drive better business outcomes.

Leslie Stuart is the Director of Financial Planning & Analysis at Walmart Canada and a certified CPA. With a robust background in accounting, auditing, and operational finance, Leslie has been at the forefront of finance transformation, leading initiatives that integrate cutting-edge technology with traditional finance functions. Her career journey from external audit to leading finance transformations offers valuable lessons for anyone involved in or aspiring to drive financial excellence.

Expect to Learn:

The importance of data quality and its impact on business decisions.
Strategies for successfully managing finance transformation projects.
How to navigate challenges in data management, from garbage data to valuable insights.
The role of technology, including AI, in modernizing FP&A processes.
Tips for engaging teams and fostering change in finance departments.

Here are a few relevant quotes from the episode

"Data and technology are often the easier pieces; the real challenge is with people and processes." - Leslie Stuart
"Starting with a strong foundation in processes and controls is critical to any successful transformation." - Leslie Stuart
"AI and machine learning are the way of the future for finance—helping us work more efficiently and effectively." - Leslie Stuart

In this insightful episode, Leslie Stuart takes us through the intricate process of finance transformation, emphasizing the importance of data quality, the role of technology, and the critical need for effective communication and process management. Her practical advice and personal experiences offer a roadmap for those looking to navigate the complexities of modern FP&A.

Follow Leslie:

LinkedIn - https://www.linkedin.com/in/leslie-stuart/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Enroll for Financial Planning & Analysis Certificate Program:

Earn Your CPE Credit

In Today’s Episode

[01:31] - Introduction to the episode

[02:17] - Leslie’s career journey and background

[02:46] - Discussion about evolution of FP&A

[08:07] - Leslie explains her transition from audit to FP&A

[12:35] - Managing large-scale finance transformations

[20:18] - Project management approaches in finance transformations

[31:14] - The Role of AI in FP&A

[37:06] - Continuous evolution in finance

[49:13] - Final thoughts and conclusion

Revolutionizing Finance through AI and Data Science with Gabriela Gutierrez

Wed, 04 Sep 2024 05:00:00 -0600

In this episode of the Future Finance Show, hosts Paul Barnhurst and Glenn Hopper explore the transformative impact of artificial intelligence (AI) on financial planning and analysis (FP&A). The discussion revolves around how AI tools, from generative AI to sophisticated models like OpenAI's Project Strawberry, are reshaping the finance landscape. The episode features Gabriela Gutierrez, a finance professional turned AI enthusiast, who shares her journey of integrating AI into finance.

Gabriela Gutierrez is a dynamic finance leader and entrepreneur with a strong background in AI, Python programming, and machine learning. She has worked in various financial roles, including FP&A at eBay and as a local CFO for Teads in Germany. Gabriela’s passion for innovation led her to launch a stealth startup focused on AI-powered finance solutions. She shares her insights into the evolving role of finance professionals in the AI era and her experiences in building an AI-centric company.

In this episode, you will discover:

The potential of AI to automate and enhance FP&A processes.
Insights into OpenAI's Project Strawberry and its implications for the finance industry.
The skills finance professionals need to thrive in an AI-driven world.
How Gabriela Gutierrez transitioned from traditional finance roles to becoming an AI-driven entrepreneur.
Predictions on the future of finance jobs in the context of advancing AI technologies.

It's clear that the intersection of AI and finance offers both exciting opportunities and unique challenges. This episode provides a wealth of knowledge for finance professionals to embrace AI as a tool for innovation, efficiency, and strategic growth.

Follow Gabriela:

LinkedIn: https://www.linkedin.com/in/gabriela-gutierrez-15ba0571/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:59] - Introduction to the episode

[01:43] - Key takeaways from Carl Seidman’s FP&A insights

[07:02] - Exploring OpenAI’s project Strawberry

[11:58] - Gabriela Gutierrez background and career journey

[16:39] - Overcoming challenges in AI integration

[19:51] - Insights on Gabriela’s Stealth Startup

[26:29] - Fun segment: get to know Gabriela

[30:31] - Conclusion and episode wrap-up

Discover the Power of Simplicity in Financial Modeling With Giles Male

Tue, 03 Sep 2024 05:00:00 -0600

In this episode of Financial Modelers Corner, host Paul Barnhurst is joined by Giles Male, who brings his unique perspective on the rapidly changing landscape of financial modeling. Together, they explore how the latest advancements in Excel—such as dynamic arrays and Lambda functions—are revolutionizing the way financial models are built and used. Giles also provides invaluable advice on the importance of simplicity, adaptability, and effective communication in modeling.

Giles Male is a CMA-qualified accountant and a seasoned financial modeler with extensive experience in bid analysis and complex financial modeling. As a co-founder of Full Stack Modeler, Giles is passionate about training and mentoring the next generation of financial modelers. He holds the prestigious Master Financial Modeler (MFM) accreditation from the Financial Modeling Institute, making him one of only seven individuals worldwide to have achieved this honor. Giles brings a wealth of knowledge on modern Excel and its application in financial modeling.

Key takeaways from this week's episode include:

The importance of embracing modern Excel techniques, including dynamic arrays and Lambda functions.
Insights into the changing landscape of financial modeling and why simplicity is often more effective than complexity.
The challenges and rewards of transitioning from traditional modeling methods to modern approaches.
How Giles's experiences in ultra-marathon running have influenced his approach to problem-solving and pushing beyond perceived limits in both personal and professional contexts.
Practical advice on maintaining model integrity, including the use of structured standards like FAST or SMART while adapting to specific project needs.

Here are a few quotes from Giles Male:

"Simplicity is the biggest lesson I’ve learned in my career. Complex models might seem impressive, but they’re often impractical." - Giles Male
"A good financial model should be as complex as it needs to be, but as simple as possible." - Giles Male
"There’s a visibility fog when reviewing your own models. Stepping away and coming back later is essential." - Giles Male

In this episode, Giles Male offers a wealth of insights into the evolving world of financial modeling. He emphasizes the importance of simplicity, the transformative power of modern Excel, and the critical need for clear communication in model design. As the industry continues to evolve, Giles’s focus on adaptability, continuous learning, and user-centric design serves as a guide for both seasoned professionals and newcomers alike.

Follow Giles:

Website - https://www.fullstackmodeller.com/
LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:18] - Introduction to the topic and guest Giles Male

[05:31] - Lessons from complex models

[07:12] - Giles shares his career journey into financial modeling

[16:10] - Achieving master financial modeler accreditation

[17:19] - Giles shares practical project insights

[28:42] - Defining advanced modeling skills

[34:00] - The future of excel and financial modeling

[41:50] - Excel shortcuts and best practices

[47:47] - Conclusion and contact information

AI, Technology & The Modern FP&A Mindset – Insights with Dr. Liran

Thu, 29 Aug 2024 05:00:00 -0600

In this insightful episode of FP&A Tomorrow, host Paul Barnhurst dives into the future of Financial Planning and Analysis (FP&A) with Dr. Liran Edelist, a seasoned expert with over 30 years of experience in finance and technology. The discussion focuses on the importance of modernization, the role of technology, and how FP&A professionals can better align their tools and processes with the needs of the business.

Dr. Liran Edelist, referred to as "The Doctor" by Paul, is a distinguished professional with a PhD in Business Administration. Originally from Israel, Liran now operates out of the Greater Boston area and has extensive experience in consulting, technology, and business leadership. With a career spanning nearly three decades, including a presidency at Jedox Americas and a role as an adjunct professor at Boston University, Liran brings a wealth of knowledge on the intersection of finance, technology, and business processes.

Expect to Learn:

The key components that define modern FP&A and why reducing manual work is crucial.
How to find the right balance between people, processes, and technology in FP&A.
The importance of selecting the right FP&A tools and avoiding common pitfalls during implementation.
Insights into the role of AI in FP&A and how it can act as an additional "pair of hands" rather than a replacement.
The significance of having a modernization mindset and how it can lead to continuous improvement in FP&A processes.

Quotes:

Here are a few relevant quotes from the episode

"The great FP&A is a modernized FP&A where you don't have too much manual work." - Dr. Liran
"FP&A should be the front office of the organization, helping lead the business alongside the CEO." - Dr. Liran
"The key to successful FP&A is balancing the right people, processes, and technology." - Dr. Liran

In this episode, Dr. Liran Edelist emphasizes the importance of modernization in FP&A, urging professionals to adopt a mindset of continuous improvement rather than relying on outdated methods. This episode underscores FP&A’s vital role as a strategic partner in guiding organizations toward a more data-driven and forward-thinking future.

Follow Dr. Liran:

Website - https://www.topit.biz/

LinkedIn - https://www.linkedin.com/in/drliranedelist/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Enroll for Financial Planning & Analysis Certificate Program:

Earn Your CPE Credit

In Today’s Episode

[01:35] - Introduction to the episode and guest, Dr. Liran

[02:57] - What defines great FP&A?

[04:24] - Critical balance between people, processes, and technology

[09:18] - Key considerations for selecting the right FP&A tools

[15:06] - Trends in FP&A technology

[23:32] - The Role of AI in FP&A

[26:00] - FP&A as the front office of organization

[28:46] - The Plan Buddies community

[33:23] - Implementing FP&A tools successfully

[45:27] - Conclusion and closing remarks

Continuous Planning vs. Annual Budgets | Randy Brown’s Game-Changing FP&A Insights

Tue, 27 Aug 2024 05:00:00 -0600

In this episode of Financial Modelers Corner, Paul Barnhurst dives into the intricacies of financial modeling, focusing on cash flow forecasting and continuous planning with FP&A expert Randy Brown. Randy shares his unique journey from music school to becoming a financial consultant and emphasizes the importance of practical financial strategies, especially in volatile markets.

Randy Brown is a seasoned financial consultant with a rich background in FP&A, corporate finance, and financial modeling. After initially pursuing a career in music, Randy transitioned into finance, where he has built a successful career, particularly in cash flow management and continuous planning. His approach blends technical financial skills with real-world business acumen, making him a sought-after consultant in the industry.

Key takeaways from this week's episode include:

The critical importance of cash flow forecasting for business stability.
Practical steps to build a 13-week cash flow forecast.
Why continuous planning is more effective than traditional annual budgeting.
Common pitfalls in financial modeling, including the dangers of circular references and external workbook links.
Randy’s insights on managing finances for small to medium-sized businesses, especially in distressed situations.

Here are a few quotes from Randy Brown:

"The minute you create a budget, it’s meaningless. The business environment changes too fast for a static plan." - Randy Brown
"For cash flow forecasting, it’s all about identifying your sources and uses of cash and laying them out on a calendar." - Randy Brown
"The flexibility of working from home and being my own boss was the number one driver for becoming an independent consultant." - Randy Brown
"Learn relational data structures; understanding how data relates will improve every analytical task you do." - Randy Brown

In this insightful episode, Randy Brown shared his wealth of knowledge on financial modeling, continuous planning, and the critical importance of cash flow forecasting. His emphasis on the importance of relationships, the simplicity of effective cash forecasting, and the pitfalls of traditional budgeting methods offers a fresh perspective for financial professionals striving to improve their modeling practices.

Follow Randy:

Website - https://www.instagram.com/randy_brown/
LinkedIn - https://www.linkedin.com/in/randyjbrown/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:28] - Introduction to the episode and guest Randy Brown

[07:27] - Insights into Randy’s background and career journey

[13:17] - Continuous planning vs. annual budgeting

[20:36] - The benefits of fractional consulting

[23:37] - The Importance of cash flow forecasting

[28:01] - Building a 13-Week Cash Flow Forecast

[34:53] - Key considerations for cash flow management

[42:48] - Rapid fire financial modeling questions

[48:28] - Final advice and closing thoughts

Don’t Let Your Startup Fail – Essential Financial Tips For Entrepreneurs with Renato Villanueva.

Thu, 22 Aug 2024 05:00:00 -0600

In this episode of FP&A Tomorrow, host Paul Barnhurst, aka "The FP&A Guy," dives into the intricacies of financial planning and analysis (FP&A) with Renato Villanueva, CEO of Parallel, a startup FP&A tool for early-stage founders. They discuss what makes great FP&A, the journey from risk management to FP&A, and the challenges of scaling a startup while maintaining financial discipline.

Renato Villanueva is an accomplished finance professional and the CEO of Parallel, a company providing innovative financial modeling and forecasting solutions for startups. With a finance degree from Utah Valley University, Renato's experience spans multiple high-profile companies, including Qualtrics, American Express, and Divvy. His deep understanding of FP&A and his entrepreneurial spirit drive the conversation as he shares valuable insights from his career and current ventures.

Expect to Learn:

The essential characteristics of effective FP&A and why understanding your company's goals is crucial.
How persistence and networking can open doors in your career, as demonstrated by Renato's journey into Divvy.
The importance of aligning financial planning with company growth strategies, especially in a startup environment.
Key operational metrics to focus on during the early stages of a startup.
Strategies for building strong relationships between finance and other business departments to drive success.

Quotes:

Here are a few relevant quotes from the episode

“Great FP&A is about understanding what the company is trying to accomplish and the role your leader plays in that. It's knowing the North Star metric and ensuring your department has the resources to achieve it." - Renato Villanueva
"You want to make it as easy as possible for whoever you work with. Sometimes that means meeting people where they’re at rather than forcing them into a new process." - Renato Villanueva
"The most rewarding part is tackling a really hard problem and empowering founders to make better, bigger bets with confidence." - Renato Villanueva

Renato's journey from risk management to becoming the CEO of Parallel offers valuable lessons in persistence, adaptability, and the power of understanding the big picture. Tune in for expert insights as we continue to explore the evolving landscape of FP&A.

Follow Renato:

LinkedIn - https://www.linkedin.com/in/villanuevar/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Enroll for Financial Planning & Analysis Certificate Program:

Level up your career and build skills for financial planning and analysis. Sign up for the 8 week online financial planning & analysis certificate program by Wharton Online and learn the art of forecasting, analysis, business partnering and financial storytelling: https://bit.ly/4debs46 Use Code: THEFPAGUY300 to save $300.

Earn Your CPE Credit

In Today’s Episode

[01:32] - Introduction to the topic and guest Renato Villanueva

[02:35] - Renato shares his views on what constitutes great FP&A.

[03:29] - Discussion of Renato's career journey

[05:46] - Renato explains how persistence and networking led to his role at Divvy

[14:12] - A look at the key metrics Renato focused on while scaling Divvy

[24:05] - The evolution of the budgeting and forecasting process at Divvy

[26:19] - Tips on how finance professionals can build strong relationships with other departments

[33:10] - Renato shares insights into his current venture, Parallel, and the rewarding experience of building a company from the ground up.

[39:24] - Renato answers quick questions about key FP&A skills

[48:17] - Final thoughts and how to connect with Renato

A Bold Prediction for the Future of Accounting in the AI Era By Tom Hood

Wed, 21 Aug 2024 05:00:00 -0600

This week’s show notes are written by Microsoft CoPilot.

What does the future of accounting and finance look like? How can you leverage technology, especially generative AI, to take your career to the next level? Join Paul Barnhurst and Glenn Hopper as they explore these questions and more with Tom Hood, a renowned leader and innovator in the accounting profession.

Tom Hood is the EVP of Business Engagement and Growth at the Association of International Certified Professional Accountants. He has been a pioneer in integrating technology into finance for over 24 years, and he shares his insights and advice on how you can do the same.

In this episode, you will discover:

How technology is reshaping the accounting and finance industry and what it means for you.
How to start using generative AI today to automate tasks, generate insights, and create value.
How to overcome the fear of failure and embrace risk-taking as a way to learn and grow.
How generative AI will become more sophisticated and powerful in the near future and what you need to prepare for it.
How to communicate effectively with your stakeholders and clients in the age of AI.

Don't miss this opportunity to learn from one of the most influential voices in the accounting profession. Listen to this episode and find out how you can harness the power of technology and generative AI to transform your career and the future of finance.

Follow Tom:

LinkedIn: https://www.linkedin.com/in/tomhood/

Company: https://blionline.org/

Blog: http://blionline.org/blog

AICPA & CIMA: http://www.cgma.org/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:38] - Latest AI developments and their impact on the finance industry

[11:40] - Introduction to the episode and guest Tom Hood

[12:58] - The intersection of technology and accounting

[17:03] - Practical benefits and risks of generative AI in finance

[21:03] - The future of generative AI in finance

[30:28] - Advice for aspiring accountants

[32:50] - Fun segment: get to know Tom Hood

[36:55] - Conclusion and final thoughts

E-Commerce Growth vs. Profit – Drew Fallon's Insights.

Tue, 20 Aug 2024 05:00:00 -0600

In this episode of Financial Modelers Corner, host Paul Barnhurst delves into the intricacies of financial modeling in the e-commerce industry with guest Drew Fallon, a seasoned e-commerce entrepreneur and co-founder of Iris, a cutting-edge FP&A tool for e-commerce businesses. The discussion offers valuable insights into the unique challenges of financial modeling in a rapidly evolving digital landscape, particularly in direct-to-consumer (DTC) businesses.

Drew Fallon is an experienced entrepreneur in the e-commerce and CPG sectors. He began his career in equity research, working on high-profile IPOs like Airbnb and Corsair. Drew later co-founded and served as CFO for Mad Rabbit, an e-commerce brand that achieved significant growth under his leadership. Currently, he is the co-founder and CEO of Iris, a financial modeling platform that integrates AI to help e-commerce businesses automate their financial forecasting and analysis.

Key takeaways from this week's episode include:

The key components of effective financial modeling for e-commerce businesses.
How cohort forecasting and customer retention play crucial roles in revenue prediction.
The importance of understanding fulfillment costs and their impact on gross margins.
Why many e-commerce brands fail due to poor financial modeling and how tools like Iris can help.
Insights into Drew's journey from equity research to building successful startups in the e-commerce space.

Here are a few quotes from Drew Fallon:

"The number one thing to focus on with these e-comm businesses is the returning revenue number. If you mess up the forecast for your returning customer, it's the easiest way to mess up the gross profit forecast." - Drew Fallon
"E-commerce is a tough business on working capital. It can be really challenging if you don't model out your cash flow accurately." - Drew Fallon
"If you get the gross profit wrong, then you get the CAC wrong. And then all of a sudden you're losing money, and you die." - Drew Fallon

In this insightful episode, Drew Fallon emphasizes the critical importance of precise financial modeling in the e-commerce sector, particularly in managing customer retention, fulfillment costs, and the dynamics of working capital. His experience in scaling e-commerce brands and developing Iris underscores the need for specialized tools and methodologies to navigate the complexities of this industry. Whether you're an entrepreneur, financial modeler, or simply interested in the intersection of finance and technology, this episode offers valuable lessons on how to build sustainable, profitable e-commerce businesses.

Follow Drew:

Website - https://www.irisfinance.co/
LinkedIn - https://www.linkedin.com/in/drew-f-74947b117/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:10] - Introduction to the episode and guest Drew Fallon.

[04:44] - Drew’s background and E-commerce journey

[11:52] - Discussion on Drew’s passion for startups and its challenges and rewards

[17:04] - Key elements of financial modeling specific to e-commerce

[28:16] - Operational metrics and cost assumptions and how they affect overall financial health.

[35:06] - The advantages of using Iris in e-commerce financial modeling.

[41:53] - Quick insights into Drew's financial modeling preferences

[47:08] - Drew’s advice for aspiring financial modelers

[49:30] - Final thoughts and how to connect with Drew

How to Become a Finance Athlete with Zach Rial

Thu, 15 Aug 2024 05:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In this episode of FP&A Tomorrow, host Paul Barnhurst dives into the evolving role of FP&A (Financial Planning & Analysis) within organizations. The discussion focuses on the shift towards a more strategic and operations-focused approach to finance, exploring how modern finance professionals can become indispensable business partners. The conversation also touches on the concept of a "finance athlete" and the importance of being versatile and adaptable in today's dynamic business environment.

This week’s guest is Zach Rial, the Senior Director of Finance and Strategy at Peak, a travel company based in Salt Lake City, Utah. With a background in finance, holding a bachelor's degree from Utah State and an MBA from the University of Utah, Zach brings a unique perspective to FP&A, blending operational insights with financial strategy. Known for his hands-on approach to finance, Zach shares his journey from operations to senior finance roles, emphasizing the importance of understanding the business from the ground up.

Here is a summary of the key points from the discussion:

What defines great FP&A and why partnerships are crucial for financial success.
The concept of a "finance athlete" and how it applies to modern finance roles.
The importance of intellectual curiosity and its role in driving business insights.
How to manage tough conversations in the workplace with transparency and trust.
The evolving role of finance professionals in strategic decision-making and operations.

Quotes:

Here are a few relevant quotes from the episode

"Great FP&A is about great partnerships. It’s understanding the business, what drives different departments, and being a great partner to make things better." - Zach Rial
"A finance athlete is someone who says, ‘I do finance,’ and that means many different things. It’s about helping the business in whatever way is needed." - Zach Rial
"I consider myself an unusual finance person because I approach finance from an operations perspective—always asking, ‘What does this mean for the business?’” - Zach Rial
"Finance is finance. Whether it's a software company or consumer goods, if you understand what drives the business, you can adapt and succeed." - Zach Rial

World-class Digital FP&A Course Bundle:

Follow Zach:

LinkedIn - https://www.linkedin.com/in/zacharyrial/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Enroll for Financial Planning & Analysis Certificate Program:

Earn Your CPE Credit

In today's episode:

[01:36] - Paul Barnhurst introduces the episode and the guest, Zach Rial.

[02:27] - Overview of Zach Rial’s background and his approach to FP&A.

[04:46] - Discussion about Zach’s unique path from operations to finance.

[11:05] - Explanation of the "finance athlete" concept and its significance.

[15:29] - Exploration of how modern CFOs are becoming more like CEOs, blending operations with finance.

[26:34] - The role of finance in RevOps and how these functions can collaborate effectively.

[34:37] - Zach shares his approach to handling difficult discussions in the workplace.

[39:26] - Quick insights into essential skills and the future of FP&A.

[42:52] - Personal insights into Zach’s hobbies, favorite books, and life philosophies.

[46:44] - Final thoughts and closing remarks from Paul Barnhurst.

The Art of Financial Modeling and Data Management with Adam Rakich

Tue, 13 Aug 2024 05:00:00 -0600

Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst.

Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally.

In this episode, Paul Barnhurst delves into the intricate world of data integration, especially within financial modeling and FP&A. The discussion revolves around the practical challenges and solutions for accessing and automating data flows, a topic crucial for finance professionals who often grapple with multiple data sources and complex modeling tasks. The episode offers insights into the evolving landscape of data management tools and how they can streamline processes for businesses.

Adam Rakich, a seasoned expert in the world of FP&A tools and data integration, joins the show. With a diverse background spanning social media marketing software, FP&A consultancy, and leadership roles at companies like Workday and OneStream, Adam now focuses on making data integration more accessible through his work at Data Blend. His deep understanding of the challenges accountants and financial modelers face with data management makes him a valuable resource for listeners looking to optimize their processes.

Key takeaways from this week's episode include:

The common pitfalls and solutions in financial modeling and data integration.
When and why businesses should transition from spreadsheets to specialized planning tools.
Practical strategies for automating data workflows, even when dealing with outdated or diverse systems.
The importance of understanding APIs, SQL, and other technical aspects of data integration.
How to build a business case for investing in data integration solutions.

Follow Adam:

LinkedIn - https://www.linkedin.com/in/rakich/
Click the link below to claim your free book (For a limited time only): The Business User’s Guide to Data Integration
https://www.amazon.com/Business-Users-Guide-Data-Integration-ebook/dp/B0CMBMDCJ2/
https://www.amazon.co.uk/dp/B0CMBMDCJ2/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:30] - Introduction and worst financial model experiences

[07:18] - Adam shares his career path from economist to data integration expert

[09:38] - Transitioning from spreadsheets to planning tools

[16:56] - The challenges of data integration

[26:01] - Hybrid approaches to data automation

[28:55] - Tools and strategies for freelancers and small businesses

[37:46] - Adam talks about his book and the key takeaways for readers.

[44:32] - Rapid fire questions on financial modeling tools and techniques.

[52:47] - Final thoughts and contact information

The Critical Role of FP&A in Today's Market with Ryan Sanders

Thu, 08 Aug 2024 05:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In this episode of FP&A Tomorrow, host Paul Barnhurst dives into the world of growth equity investing with Ryan Sanders, a seasoned investor from Mercato Partners. The conversation explores the critical role of FP&A (Financial Planning and Analysis) in supporting growth-stage companies, the nuances of growth equity investing, and how entrepreneurs can best position themselves for success. Ryan shares insights from his extensive experience, offering valuable lessons on what it takes to scale companies in today's competitive market.

Ryan Sanders is a growth investor at Mercato Partners, a growth equity firm based in Salt Lake City, Utah. With a background in finance and an MBA in entrepreneurship from the University of Texas, Ryan has a deep understanding of what it takes to support and scale innovative companies. His career spans various roles in investment, and he is known for his strategic approach to partnering with entrepreneurs. Ryan also recently completed the Kauffman Fellows program, which has further enriched his expertise in venture capital and growth investing.

Expect to Learn:

The key attributes and skills that FP&A professionals need to excel in supporting growth-stage companies.
The importance of customer-centric growth and why organic growth strategies often outperform inorganic ones.
Insights into the investment process at Mercato Partners and how they identify and support promising companies.
The role of AI in transforming FP&A functions and the broader finance industry.
Practical advice for entrepreneurs on when and how to raise capital effectively.

Quotes:

Here are a few relevant quotes from the episode

“For the CEO and for the board and for the investors, the FP&A is most often a partner, demonstrated through accuracy and speed. But perhaps as important are curiosity, comparison, and completeness.” - Ryan Sanders
“The number one skill, in my opinion, for someone in FP&A has to be effective communication. We’re all in sales.” - Ryan Sanders
“We’re in the age of AI, and I think AI eats the lunch of vertical functions. If finance believes their only value is debits and credits, I believe that will be obviated over time.” - Ryan Sanders
“For me, I wanted three things from the Kauffman Fellows program: to be an active learner, to expand my network, and to learn how to become a better support for a CEO.” - Ryan Sanders
“One of the most interesting exercises is to think about the business through a series or a set of stop lights. Red light, yellow light, green light—that accumulation of answers should drive the decision on the type of financing.” - Ryan Sanders

In this insightful episode, Ryan Sanders shared invaluable lessons on growth equity investing and the critical role of FP&A in supporting successful business scaling. From the importance of curiosity, comparison, and completeness in FP&A to the strategic decision-making processes that drive value in growth-stage companies, Ryan’s expertise offers a roadmap for professionals and entrepreneurs alike. Whether you're an FP&A professional, an entrepreneur, or an investor, Ryan's experiences and advice provide actionable takeaways that can help you navigate the complexities of business growth.

World-class Digital FP&A Course Bundle:

Follow Ryan:

LinkedIn - https://www.linkedin.com/in/sandersryan23/

Website - https://www.mercatopartners.com/

Kauffman Fellows Program - https://www.kauffmanfellows.org/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Enroll for Financial Planning & Analysis Certificate Program:

Earn Your CPE Credit

In Today’s Episode

[01:15] - Paul introduces the podcast and guest, Ryan Sanders.

[02:26] - Ryan's background and career path

[07:03] - The role of FP&A in growth investing

[10:26] - The benefits of focusing on customer-driven, organic growth strategies over acquisitions.

[14:51] - Insights into the technical and soft skills that FP&A professionals should develop

[24:48] - Strategic decision making and financial planning & how FP&A can support this process.

[35:20] - Kauffman Fellows Program Experience

[41:30] - The Impact of generative AI on finance

[51:10] - Conclusion and contact information about Ryan

Why AI is a Game-Changer for Finance Professionals - Insights from Christian Martinez

Wed, 07 Aug 2024 07:00:00 -0600

In this episode of the Future Finance Show, hosts Paul Barnhurst and Glenn Hopper sit down with Christian Martinez, a finance transformation expert and AI enthusiast, to explore the intersection of finance, artificial intelligence, and data analytics. The discussion covers the growing importance of AI and Python in finance, the benefits of leveraging dashboards for financial storytelling, and how professionals can enhance their skill sets to stay ahead in a rapidly evolving industry. Christian shares his journey, the practical applications of AI in FP&A, and offers insights into how Python, integrated with Excel, is revolutionizing finance functions.

Christian Martinez is a Finance Transformation Senior Manager at Kraft Heinz, with extensive experience across Europe, Australia, and South America. Known for his expertise in combining finance, Python, AI, and machine learning, Christian is passionate about teaching others how to harness these tools to improve financial analysis and decision-making. He recently launched a newsletter, "AI for FP&A and Finance," where he shares practical AI applications tailored for finance professionals.

In this episode, you will learn:

The critical role of AI and Python in transforming financial planning and analysis (FP&A).
How to leverage dashboards like Tableau and Power BI for effective financial storytelling.
The evolving landscape of AI tools in finance and the growing need for data literacy.
Practical tips on integrating Python with Excel to enhance financial operations.
The importance of continuous learning and staying updated with the latest technology trends in finance.

Follow Christian:

LinkedIn:https://www.linkedin.com/in/christianmartinezthefinancialfox/

Website: https://linktr.ee/Thefinancialfox

Blog: https://christianmartinezfinancialfox.medium.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

In Today’s Episode:

[01:51] - Introduction and context setting for discussing the impact of AI on finance

[08:01] - Introduction to Christian Martinez, highlighting his unique expertise in finance, Python, and AI.

[09:12] - Christian’s newsletter and practical AI tools for finance professionals

[15:39] - The Power of dashboards in financial analysis

[25:05] - A discussion on the value of coding skills in finance

[29:38] - Python in Excel: A game changer

[37:51] - Getting personal: Christian’s hidden talents

[41:52] - Final remarks from Christian and closing thoughts

Learn Best Practices with Excel and Google Sheets - David Benaim

Tue, 06 Aug 2024 05:00:00 -0600

Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst.

Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally.

In this episode of Financial Modelers Corner, host Paul Barnhurst sits down with David Benaim, an Excel MVP and data consultant based in Cambodia. They delve into a comparative analysis of two of the most popular spreadsheet tools—Excel and Google Sheets. The discussion covers the strengths and weaknesses of each platform, providing listeners with insights into when and how to use these tools effectively in their financial modeling and data analysis work.

David Benaim is a chartered accountant and Excel MVP who has made a name for himself as an expert in both Excel and Google Sheets. Originally from the UK, David now runs a data consulting firm in Cambodia, where he specializes in Excel training and data solutions. With a deep passion for spreadsheets, David is uniquely positioned to discuss the nuances of both platforms, making this episode a must-listen for anyone looking to optimize their use of Excel or Google Sheets.

Key takeaways from this week's episode include:

Key differences between Excel and Google Sheets, including tables, functions and data entry features.
The strengths of Google Sheets in collaborative environments and its data validation capabilities.
How to decide whether to use Excel or Google Sheets for different types of projects.
Insights into the new table features in Google Sheets and how they compare to Excel’s tables.
David’s tips on getting started with Google Sheets for those accustomed to Excel.

Follow David:

Website - https://www.xlconsulting-asia.com/
LinkedIn - https://www.linkedin.com/in/davebenaim/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:21] - Introduction to the episode and guest David Benaim.

[03:52] - David shares his unique global background and career journey from Deloitte to founding his own firm in Cambodia.

[07:00] - Discussion about David’s transition from working at Deloitte to starting his own business in Cambodia and the challenges he faced.

[14:38] - In-depth comparison of functions unique to Google Sheets, like “COUNTUNIQUE”, “FLATTEN”, and others not found in Excel.

[23:35] - Criteria and scenarios where Google Sheets is the better tool, particularly in collaborative environments and data entry tasks.

[30:25] - A look at the newly implemented table features in Google Sheets and how they stack up against Excel’s tables.

[38:54] - David shares his decision-making process for choosing between Excel and Google Sheets based on project needs.

[43:56] - Quick-fire questions where David shares his preferences on various Excel and Google Sheets functionalities.

[49:31] - Tips and resources for users looking to improve their skills in Google Sheets.

[50:47] - Final thoughts and how to connect with David Benaim.

Strategic FP&A Moves That Transform Businesses With Josh Aharonoff

Thu, 01 Aug 2024 05:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In this episode of FP&A Tomorrow, host Paul Barnhurst delves into the dynamic world of financial planning and analysis (FP&A). He is joined by Josh Aharonoff, an experienced finance professional who has navigated the complexities of FP&A, accounting, and entrepreneurship. The conversation offers insights into the current state of FP&A and its evolving future, with practical advice for both aspiring and seasoned finance professionals.

Josh Aharonoff is a seasoned finance expert with a background in accounting and a wealth of experience in both big four accounting and startups. After obtaining his CPA and working in global banking services, Josh ventured into entrepreneurship, co-founding a startup and later establishing his own firm, Mighty Digits, specializing in outsourced finance and accounting services. Josh is also a prominent figure on LinkedIn, with nearly 400,000 followers, and runs a popular daily newsletter and YouTube channel.

Here is a summary of the key points from the discussion:

Understanding what makes financial planning and analysis effective and impactful.
Josh’s professional journey from big four accounting to entrepreneurship and becoming a fractional CFO.
Insights into the chaotic yet rewarding environment of early-stage companies.
Essential technical and soft skills needed to excel in financial planning and analysis.
How to leverage social media for professional growth and its impact on career opportunities.

Quotes:

Here are a few relevant quotes from the episode

"Great FP&A is quick access to data that does not conflict with one another and easy inputs to see different scenarios, different outcomes." - Josh Aharonoff
"If you're working for someone and you're thinking of going off on your own, it's a good idea to try to pick up some clients while you're still working." - Josh Aharonoff
"In FP&A, it’s crucial to understand how to put together a forecast that not only tells the future but also showcases the past and allows you to easily tell the story of where the company has been." - Josh Aharonoff
"People think that you create a financial model once. Okay, now you're done with it. In reality, every single month you should be updating your assumptions. You should be analyzing what exactly took place." - Josh Aharonoff

World-class Digital FP&A Course Bundle:

https://bit.ly/4decOf3

Follow Josh:

LinkedIn - https://www.linkedin.com/in/joshaharonoff/

Website - https://www.mightydigits.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

Enroll for Financial Planning & Analysis Certificate Program:

https://bit.ly/4debs46

Earn Your CPE Credit

In today's episode:

[01:38] Introduction to the show and welcoming the guest

[02:14] Josh shares his perspective on what constitutes great financial planning and analysis.

[02:44] Josh discusses his career journey, from big four accounting to starting his own firm.

[05:31] Josh explains why he enjoys working with startups and the unique challenges they present.

[06:54] Josh shares memorable experiences with clients, particularly with the company Chili Piper.

[09:25] Josh reflects on why big four accounting wasn’t the right fit for him and what he learned from the experience.

[15:51] Discussion on the biggest challenges of working with startups, including fundraising and constant evolution.

[21:48] Josh offers advice for those looking to start their own advisory services.

[26:05] Josh talks about his favorite aspects of working in FP&A.

[34:55] Josh shares his journey of growing a significant following on LinkedIn and being recognized as a top voice.

[40:12] Josh discusses his recent recognition by Microsoft and what it means to him.

[41:25] Quick insights into Josh’s technical and soft skills, favorite tools, and personal preferences.

[50:53] Information on how listeners can reach out to Josh and learn more about his offerings.

Managing Complex Models with Structure with Christopher Reilly

Tue, 30 Jul 2024 05:00:00 -0600

Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst.

Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally.

In this episode of the Financial Modelers Corner, host Paul Barnhurst delves into the intricate world of financial modeling with returning guest Christopher Reilly. The conversation centers around what is necessary to build robust financial models, highlighting the importance of three-statement models and cash flow forecasting. The episode is filled with practical insights, advanced techniques, and professional experiences that underscore the significance of simplicity, accuracy, and best practices in financial modeling.

Christopher Reilly is a seasoned financial modeler with extensive experience in consulting, private equity, and financial modeling education. Starting his career during the financial crisis, Christopher worked on high-profile bankruptcies such as Lehman Brothers and Rescap. His journey took him from a senior analyst role at Hilton Worldwide to middle-market private equity, and eventually to founding his own financial modeling education business. Today, he focuses on teaching and building financial models, with his work being featured by Wharton Online, Wall Street Prep, and LinkedIn Learning among others.

Key takeaways from this week's episode include:

The importance of simplicity in financial models and how over-complicating can hinder their effectiveness.
Practical steps and considerations for building robust three-statement financial models.
Tips for auditing models to ensure accuracy and integrity.
How to use advanced Excel functions and shortcuts to enhance modeling efficiency.
Insights into the role of AI in financial modeling and how it may shape the future of the profession.

Follow Christopher:

Website - https://www.financialmodelingeducation.com/
LinkedIn - https://www.linkedin.com/in/chris-reilly-mission-capital/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true

Newsletter - Subscribe on LinkedIn-https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use the code “Podcast” to save 15% when you register. 

In today’s episode:

[01:11] - Paul introduces the episode and welcomes back Christopher Reilly.

[02:31] - Christopher shares a story about a complex healthcare deal model that required significant simplification.

[03:55] - Discussion on the importance of keeping models simple and useful.

[05:01] - Christopher talks about his career journey and experiences over the past year.

[08:31] - Christopher explains why he is passionate about teaching financial modeling.

[11:43] - Why every finance professional should understand how to build a three-statement model.

[14:20] - Steps to take when beginning to build a three-statement model.

[22:17] - Tips on structuring models vertically and building essential checks to ensure accuracy.

[28:07] - How to effectively use support schedules and detailed assumptions in modeling.

[32:36] - Essential tips for error checking, building support schedules, and maintaining model integrity.

[39:10] - Key Excel formulas and functions necessary for building financial models.

[46:58] - Discussion on the potential impact of AI on financial modeling and its future integration.

[49:53] - Final thoughts and details on Christopher Reilly’s courses and where to find them.

The Secret to Transforming FP&A into Business Strategy with Ron Monteiro

Thu, 25 Jul 2024 03:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In this episode of FP&A Tomorrow, host Paul Barnhurst explores the evolving landscape of Financial Planning and Analysis (FP&A) with expert insights from Ron Monteiro. The discussion centers on the crucial role of FP&A in shaping business strategies, driving financial performance, and fostering cross-functional collaboration within organizations.

Ron Monteiro is a seasoned FP&A professional with extensive experience in the consumer goods industry. Having worked with major brands like Kraft Foods, Campbell Soup, and Kruger Products, Ron brings a wealth of knowledge in financial analysis, business partnership, and strategic decision-making. He now runs his own training business, helping finance teams worldwide enhance their skills and impact.

Here is a summary of the key points from the discussion:

The essential attributes of great FP&A and how it contributes to business success.
Practical strategies for FP&A professionals to integrate themselves into business operations.
The importance of building trust and cross-functional relationships in FP&A roles.
Key operational metrics in the consumer goods industry and how to use them effectively.
Tips for transitioning from accounting to FP&A and developing strong presentation skills.

Follow Ron:

LinkedIn - https://www.linkedin.com/in/ronmonteiro18/

Website - https://www.kictinc.com/

Follow Paul:

The FP&A Guy (thefpandaguy.com)

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

Wharton FP&A Certificate Program

FP&A Tomorrow Listeners are eligible to receive $300 off tuition for the FP&A Certificate Program from Wharton Online and Wall Street Prep.

Learn More (use discount code THEFPAGUY300)

The FP&A Certificate Program is a self-paced rigorous online program for professionals pursuing careers in corporate finance.

PROGRAM AT A GLANCE

Format: Self-Paced & Live Office Hours (8 hours/week)
Certificate: Issued by Wharton Online and Wall Street Prep
Closing Ceremony in NYC (Attend Live or Virtually)

Enrollment is currently open for the September 2024 cohort. Please note that the program is limited and filled on a first-come, first-served basis.

In today's episode:

[01:36] - Paul Barnhurst introduces the podcast and welcomes Ron Monteiro to the show.

[02:17] -Ron shares some light-hearted and embarrassing stories about Paul.

[03:43] - Discussion on what makes FP&A great and its role in business involvement.

[04:35] -Ron talks about the importance of trust and getting involved with other business functions.

[05:26] - Ron shares his career journey from the University of Toronto to his current role in training.

[09:11] - Ron reflects on his time in the consumer goods industry and memorable product launches.

[11:38] - The critical operational metrics in consumer goods and their significance.

[14:40] - Challenges and advice for moving from accounting to an FP&A role.

[27:28] - Ron's journey from being terrified of presenting to becoming a confident presenter, with tips for others.

[33:23] - Why FP&A departments should invest in training and continuous learning.

[38:03] - Insight into Ron’s upcoming book and its focus on finding joy and passion in your career.

[41:01] - Quick answers on technical and soft skills, forecasting methods, and more.

[46:20] - Final tips on being better business partners and embracing a growth mindset.

[47:08] - Information on how listeners can reach out to Ron Monteiro.

Unlock Financial Success with AI With Jon Brewton

Wed, 24 Jul 2024 04:50:00 -0600

Future Finance: Unlocking the Power of AI for Finance Professionals With Jon Brewton

TLDR: Jon Brewton, the founder and CEO of Data2, talks about how his company uses AI and machine learning to help clients in make better decisions and avoid errors.

Each week we ask AI to generate our show notes and optimize them to get you interested in the story. This week we used Microsoft CoPilot to write the shownotes.

This episode of Future Finance features Jon Brewton, the founder and CEO of Data2, a company that provides AI and machine learning solutions for finance and other industries. He discusses how his company helps clients use AI to analyze data and make better decisions, as well as the challenges and risks of using AI in high-stakes contexts.

Jon Brewton is an expert in AI and machine learning, with a rich background in operations management, digital transformation, and engineering. He has worked at major energy companies like BP and Chevron, and he is a US Air Force veteran and a graduate of some of the top universities in the world. He shares his insights and best practices on how to leverage AI and machine learning to enhance financial performance and outcomes, and how to avoid common pitfalls and errors that can arise from AI applications.

In this episode, you will learn:

· What Data2 does and what its goals and principles are in AI and machine learning.

· Why traceability and explainability are crucial for AI applications in high-stakes industries like finance.

· How Knowledge Graph technology can enhance financial data analysis and provide more context and meaning.

· What AI hallucinations are and how they can affect financial decision-making.

· How to integrate advanced analytics and AI into your finance workflows and processes.

This episode is a must-listen for anyone who wants to learn how AI and machine learning can help them make smarter decisions. Listen to the episode now and discover how you can use these technologies to your advantage.

Follow Jon:

LinkedIn: https://www.linkedin.com/in/jon-brewton-datasquared/

Website: https://www.data2.ai/

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

[01:50] Introduction to the episode

[02:29] Opening remarks by Paul Barnhurst.

[04:54] Why your job is safe for now

[13:50] Introducing Jon Brewton and his extensive background.

[14:51] Welcoming Jon Brewton to the show

[15:31] Jon shares the story and mission of Data 2.

[18:47] Discussing the critical features for financial institutions.

[25:11] Exploring advanced applications and their benefits including generative AI and knowledge graphs.

[34:24] Addressing AI hallucinations and how Data Squared tackles this issue to ensure reliable outcomes.

[41:41] Advice for finance departments on adopting AI technologies.

[46:28] Jon shares his most rewarding job and a cause he's passionate about.

[48:54] Final thoughts and closing remarks.

Power Query Magic to Become a Financial Modeling Master with Ken Puls.

Tue, 23 Jul 2024 03:00:00 -0600

Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst.

Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally.

In this episode, Paul Barnhurst sits down with Ken Puls, a renowned expert in financial modeling and Excel. The discussion delves into the intricacies of financial modeling, the evolution of tools like Power Query and PowerPivot, and how they are revolutionizing data management and reporting. Ken shares insights from his extensive experience and offers practical advice for both novice and seasoned financial modelers.

Ken Puls is a Chartered Professional Accountant (CPA) and a Microsoft Excel MVP. He is the founder of Excel Guru, a platform dedicated to Excel-based solutions, and the co-founder of Skill Wave Training, which offers comprehensive courses on Power Query, PowerPivot, and Power BI. With a career that bridges both finance and IT, Ken has become a leading voice in the world of financial modeling and data analysis.

Key takeaways from this week's episode include:

Ken's personal journey and how he became a leading figure in Excel and financial modeling.
The importance of simplifying data entry and reducing errors through automation.
Key features and benefits of Power Query and PowerPivot.
Practical tips for financial modelers, including the use of VBA and dynamic arrays.
Insights into the future of AI in financial modeling and its current limitations.

Follow Ken:

Website - http://www.excelguru.ca/
LinkedIn - https://www.linkedin.com/in/kenpuls/
Level up Your Skill with Ken’s book - https://excelguru.ca/master-your-data/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

[01:15] - Introduction to the show

[01:55] - Welcome to the guest

[02:15] - Horror Stories in Financial Modeling: Ken and Paul share their worst financial modeling experiences.

[04:50] - Lessons Learned: Key takeaways from those early modeling experiences.

[06:02] - Ken’s Background: Detailed overview of Ken’s career and expertise.

[08:24] - Current Projects: Ken discusses his current ventures, including Excel Guru and Skill Wave Training.

[12:14] - Technology in Accounting: How being tech-savvy has benefited Ken in his accounting career.

[16:04] - Discovery of Power Query: Ken shares how he first learned about Power Query and its impact on his work.

[26:04] - Getting Started with Power Query: Recommendations for beginners on how to learn and use Power Query.

[29:00] - Building Financial Statements with PowerPivot: Overview of Ken’s course and its benefits.

[37:46] - Rapid Fire Questions: Ken answers quick questions about financial modeling preferences.

[46:47] - AI and Financial Modeling: Discussion on the role of AI in the future of financial modeling.

[48:59] - Conclusion: Final thoughts and where to find more information about Ken’s work.

Modernizing FP&A in 2024 With Ken Lane

Thu, 18 Jul 2024 05:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In today’s episode, Paul Barnhurst is joined by Ken Lane, to discuss what makes great FP&A, the challenges and opportunities in mid-market companies, and the impact of technology and AI on finance.

Ken, a seasoned financial controller and FP&A professioal from Ontario, provides valuable guidance about the importance of collaboration, the role of AI and technology, and why he feels mid-market companies allow you to make a bigger difference in the work you are doing.

Here is a summary of the key points from the discussion:

Great FP&A is about collaboration across all entities within a business. Understanding and addressing the bottlenecks in each area is crucial for driving meaningful business change.

Discussion on the necessity for mid-market companies to upgrade their legacy systems to leverage the full value of future FP&A. He highlights the challenges and the importance of investing in technology to streamline data and improve decision-making.

The episode delves into the ongoing supply chain issues post-COVID. Ken explains how these challenges necessitate holding more inventory, which impacts cash flow and requires careful management of cash conversion cycles.

The discussion highlights how Gen Z's expectations for efficient and advanced systems are pushing companies to invest in better technology. This shift is essential for retaining top talent and staying competitive in the market.
Ken stresses the importance of understanding the broader picture of the business and continuously learning. Whether it's through different industries or new technologies, staying adaptable and informed is key to succeeding in FP&A.

Quotes:

Here are a few relevant quotes from the episode

"A lot of mid-market companies still have a lot of legacy systems or multiple legacy systems within a business, and they're going to need to upgrade and change those to get the full value of the future of FP&A.”
“When I'm in mid-market companies, I feel like that when you're helping out or you're driving decision-making, you see that impact on the bottom line. When I was with large companies I would see a strategy that would come down from the corporate office, but didn't understand how what I did fed into that strategy.”

Follow Ken:

LinkedIn - https://www.linkedin.com/in/kennethlane/

Website - https://smoothaccounting.ca/

Follow Paul:

The FP&A Guy (thefpandaguy.com)

LinkedIn - https://www.linkedin.com/in/thefpandaguy

World-class Digital FP&A Course Bundle:

In today's episode:

[00:00] - Introduction

[00:47] - Guest Introduction

[02:01] - Anticipating Changes in FP&A

[02:40] - The Challenge of Legacy Systems

[03:35] - Guest’s Career Journey

[06:51] - Impactful Mid-Market Examples

[08:52] - Attraction to Manufacturing

[09:57] - Key Metrics in Manufacturing

[12:12] - Transition to FP&A

[15:50] - Managing Technology on a Limited Budget

[17:47] - Choosing the Right ERP Partner

[20:19] - Real-Time Decision Making with AI

[23:02] - Investing in Tech to Retain Talent

[24:55] - Rapid Fire Session

[25:57] - Role-Level Headcount Planning

[27:10] - Importance of Clean Data

[29:20] - Get to Know the guest

[32:20] - Advice for Better Business Partnering

[32:55] - Conclusion and Contact Information

Full Show Transcript: 

Host: Paul Barnhurst:: Hello, everyone. Welcome to FP&A Tomorrow, where we delve into the world of financial planning and analysis, examining its current state and future prospects. I'm your host, Paul Barnhurst, guiding you through the evolving landscape of FP&A. Each week, we're joined by thought leaders, industry experts, and practitioners who share their insights and experiences helping us navigate today's complexities and tomorrow's uncertainties. Whether you're a seasoned professional or just starting your FP&A journey, this show has something for everyone. This week, I am thrilled to welcome to the show Ken Lane. Ken, welcome to the show.

Guest: Ken Lane:: Oh, thank you for having me, Paul.

Host: Paul Barnhurst:: Yes, excited to have you. So just a little bit of background about Ken and I'll allow him to introduce himself further in a few minutes. But he comes to us from Ontario, Canada. He is a financial controller. He spent most of his career either working as a controller or manager, finance, or accounting, and he spent most of it in the mid-market, in several different industries. So, Ken, we like to start the show with this question for all our guests? From your viewpoint, what does grade FP&A look like?

Guest: Ken Lane:: For me, the great FP&A is a collaboration with all the entities within your business. Because the goal of FP&A is to drive business change. So you need to understand the bottlenecks in each area. If those people feel heard, they'll buy into what you're delivering.

Host: Paul Barnhurst:: I would agree with that. So it's around collaboration and making sure the business feels heard.

Guest: Ken Lane:: Correct.

Host: Paul Barnhurst:: What are your thoughts? What do you expect it to look like in the next 3 to 5 years? Do you think what grade FP&A is going to change with everything that's going on with technology and other things?

Guest: Ken Lane:: I do, I think it will. I think in large companies it's going to change faster than in smaller mid-market companies. The reason is I think a lot of mid-market companies still have a lot of legacy systems or multiple legacy systems within a business, and they're going to need to upgrade and change those to get the full value of the future of FP&A.

Host: Paul Barnhurst:: We're not speaking from experience, having worked with a lot of mid-markets by chance, are we?

Guest: Ken Lane:: Not at all.

Host: Paul Barnhurst:: I'm sure you could tell me some data horror stories. That's probably what I should start off with. Tell me your worst data horror story. I keep that in mind for future episodes. Tell me a little bit about yourself and your background.

Guest: Ken Lane:: Yes. So I'm here in southern Ontario. Been in accounting now for 20-plus years. To be honest, went through school, came out with a computer science degree, and then fell into accounting and then worked my way up, worked with some great mentors, then went back and took some university courses for management, accounting, financial accounting, all those key things. But it never worked my way through to get licensed as a CPA. Then I've transitioned from working across a whole variety of industries, some of those interesting enough to progress and take a step up. Then even in some of those took a step back because a job or role had skills that maybe I didn't have yet. So went back in pay, went back maybe in leadership to eventually elevate myself later.

Host: Paul Barnhurst:: Got it. What led to accounting if you started with computer science? Maybe dig into that a little. I'm curious how the switch happened.

Guest: Ken Lane:: Sure. I got my first job with a finance organization, a financial banking organization, and they were looking for someone who both understood the business and understood IT. I fit that role. Growing up, my parents had multiple small businesses, and my mom always did the accounting, so I was always around it. So it wasn't brand new to me. I'd been around it. It comes naturally to me to a certain extent. So I'd seen it growing up using original ledger books writing it in pencil and putting everything in the ledger books and sawing all that, seeing all that. Then when I went to this finance institution, I did both for a while and then they opted, they felt that I gave them more value on the accounting side and then kept pushing me to progress and progress and progress. I just realized that I did enjoy it. Then started taking additional courses and doing everything to get certifications to move on.

Host: Paul Barnhurst:: So you grew up around it. They want someone on the business side, found you, liked it, and figured you'd get some more education in the area.

Guest: Ken Lane:: Correct.

Host: Paul Barnhurst:: Got it. So I know you spent pretty much your entire career working in the mid-market. Why? Why mid-market companies? What is it you like so much about them?

Guest: Ken Lane:: I like the fact that you get to. I feel like you make an impact. So when I'm in mid-market companies, I tend to find that most of those are still family-owned companies, maybe multi-generational companies as opposed to large ones. I did spend some time at some very large companies, but most of it was in the mid-market. I feel like that when you're helping out or you're driving decision-making, you see that impact on the bottom line. You see that impact on the family that helps them. When I was with large companies, sometimes I was I'd see a strategy that would come down from the corporate office, but didn't understand how what I did fed into that strategy.

Host: Paul Barnhurst:: So you mentioned one can make a bigger difference. You feel more involved than sometimes the big, huge companies. If anyone's worked in one, sometimes you feel a little bit like a cog or can't see how everything relates. So I'm curious, can you share an example where you felt like your work made a big difference in the mid-market, where you've seen that direct impact of what you were doing?

Guest: Ken Lane:: Sure. One of the companies I've worked for, they've acquired other companies over time. They had this nice small portfolio of companies that were doing very well. Somebody in their field became available. So what I was able to do then was forecast out all their portfolio of companies, do the FP&A, and do the forecast for the next so many years. Then with that work, were able to get them preferential financing from the banks to acquire that company that they later acquired and has been growing since.

Host: Paul Barnhurst:: Thanks. I appreciate you sharing that. It sounds like that's one opportunity that you're proud of and made a big difference. So that's always fun to have. Speaking of making a big difference, do you feel like it's hurt you in any way that you've worked for so many different industries, or do you think it helps you when you go to a different industry, having worked in several I think you've worked manufacturing, automotive, cannabis, commercial property, and I know different areas within manufacturing. So maybe talk a little bit about that.

Guest: Ken Lane:: It's a two-edged sword. It can help you. It can hurt you. For me, it helped me. One of the reasons is accounting is different based on what company or industry that you're in. So I've worked with people that is like, oh I spent four years getting an accounting degree. I got my CPA and I realized I hate accounting. you go, do you hate accounting or do you hate the field that you're in because you're not relating to what you're doing, what you're working on, the business that you're in, it doesn't speak to you. So I've tried a variety of different industries to see where I enjoy my fit. I always tend to come back to manufacturing, and that's where I am now. I enjoy it. I enjoy a company that manufactures something to go out. They tend to be complex. you have a lot of inventory, a lot of a lot of things to work on, a lot of different. You're working with sales across a variety of spectrum. Spectrums. So I ended up finding that manufacturing is the niche I like working in, but going across those industries allowed me to figure that out.

Host: Paul Barnhurst:: And what is it about manufacturing that you enjoy? What is it that makes that fun compared to other industries?

Guest: Ken Lane:: For me, it's the complexity of it, especially since post-COVID, the complexity of the supply chain just in time, other than maybe the Ford, GM, and Chrysler's the world. It doesn't exist anymore. You still have supply chain problems. You're still having problems bringing stuff in from China. You have to look at the macro environment as well. There are a lot of things that come into China in all of North America. What happens with the relationships between the government and all these things? You have to take into your forecast and that and go, what if scenarios and things like that. So for me manufacturing, there's just so many moving parts versus let's say, a service business that I just enjoy seeing all those different things come together and able to deliver a product to the market that the market wants.

Host: Paul Barnhurst:: Got it. That makes a lot of sense. What are the maybe the key metrics you like to look at in a manufacturing industry? What are those maybe those key operational metrics that you feel help you have a good understanding of is the business doing well or is it struggling or hey, there's a sign something may be going wrong?

Guest: Ken Lane:: Yes. The big thing for manufacturing is your cash conversion, making sure that you're turning that inventory over on a regular basis to bring the cash in for your operating cash flow. It's easy right now. I'm finding this with businesses right now, what they're doing is in order to make sure that they have a safety stock to get things out because the just-in-time isn't there anymore. They're holding more and more inventory, which is tying up dollars. But then you're watching that bank account drop, drop, drop because you got more going out than coming in. So it's watching that turnover ratio, as well as working closely with the supply chain to make sure that you have what you need, that you can get what you need, but you're not harming the business cash wise.

Host: Paul Barnhurst:: So it sounds like you're still dealing with a lot of supply chain issues. So companies are holding on to longer supply and inventory. So you got to manage that because that's cash, which isn't surprising. I mean at the end of the day, doesn't matter how profitable you are, if you have no cash in the bank, you have a problem. Makes a lot of sense there. How did you transition from accounting to more of an FP&A role, and how did that come about?

Guest: Ken Lane:: So for me, right from the beginning of my career, I guess I have a different, slightly different, different definition of accounting. To me, FP&A is a subset of accounting. Accounting is the overarching umbrella all the way from the bookkeeping, which is all the recordings and now most certified bookkeepers will take you right to the financials and then your FP&A. So every corporation I've been part of, we've had to whether I've had the title of cost analyst, you have to understand your business. You have to understand the cost and the drivers. You have to understand your sales, and what the variances are. Is it a mix, a pricing, and what is going on? So it's always been part of my role from day one. It's never been just recording. It's always been part of it.

Host: Paul Barnhurst:: And I think that makes a lot of sense being in smaller mid-market companies to have that because I've seen some of the bigger companies I work in where some people's roles are just recording and I've been in an FP&A role. I've done some accounting, not a lot, but I booked some journal entries here and there and helped with all those things. So I get it. There's some overlap between the two. Interesting perspective. I don't think I've ever thought of FP&A, including accounting. I've generally thought of them differently, so I appreciate you sharing a different perspective there. It's always good to see how people think about it. Any advice you'd offer for someone who they've been in just heavy accounting roles, and wants to make that change to FP&A. How do you think they go about that?

Guest: Ken Lane:: A couple of ways. The first way is understanding your business. So again, what are the drivers in your business to do FP&A? I think to do very well at FP&A, you have to understand everything on the accounting side, especially the cost drivers and things that are driving those bottom numbers. you have to understand your purchasing department, what is cost avoidance versus cost savings, and things like this. So get to know all the different individual areas of the company, and how they impact the company, so that you can start thinking, how does this work as a whole? And I think that's what you need to do because when you're in sometimes just in an accounting role, you're looking at one small section versus looking at the broader picture. So you need to understand that broader picture. I think when you're looking to move over when you get interviewed, you can start expressing, hey, this is how the broader picture is impacting you. I see that I can help you there.

Host: Paul Barnhurst:: Got it. I would agree with that. Starting to understand the broader picture of the business is one of the most important things you have to do. I want to switch gears here a little bit. I know when you and I chatted,As we talked quite a bit about technology, and you mentioned how SMBs and mid-markets, from your perspective, will need to invest more in tech going forward. Why is that?

Guest: Ken Lane:: As I alluded to before, a lot of these companies have multiple legacy systems. A lot of SMBs will...

Quantrix vs. Excel - Financial Modeling with Lyndsey Weber

Tue, 16 Jul 2024 03:00:00 -0600

Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst.

Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally.

Lyndsey Weber, a seasoned expert in financial and supply chain modeling join us this week for a lively conversatio on both financial and supply chain modeling. She recounts her experience with some of the worst models she has encountered, the lessons learned, and the importance of organization and design in creating effective models.

Lyndsey shares her journey from ExxonMobil to Quantrix, offering a deep dive into the art and science of financial modeling.

Key takeaways from this week's episode include:

Having a well-defined structure and approach is crucial for creating and maintaining effective financial models. Poorly organized models can lead to significant challenges and inefficiencies.

A horror story about inheriting a model filled with bad practices, including hidden reference cells and broken VBA code. The experience teaches her the value of starting over and building a model from scratch with best practices.

The importance of understanding stakeholder needs, both emotional and practical, and designing models that cater to these needs. This approach helps in building models that are not only functional but also user-friendly.

The benefits of using Quantrix over traditional Excel, highlighting features like always-on pivoting, natural language formulas, and role-based access, which enhance efficiency and collaboration.

One of Lyndsey's key pieces of advice is to prototype models on paper before building them. Mapping out inputs, outputs, and key calculations in plain English helps in creating a clear and effective model structure.

Quotes:

Here are a few relevant quotes from the episode on financial analysis and modeling:

"This model that I inherited had, I feel every bad practice in the book, I vividly recall a couple of formulas where they just pointed to what I would call a cell island.”-Lyndsey Weber

“Having a defined structure and approach that can be repeated, I think is essential.”-Lyndsey Weber

In this episode, Lyndsey provides valuable insights into the complexities of financial and supply chain modeling. She sheds light on the best practices and tools that can make a significant difference in model-building. This episode will help you enhance your modeling skills and create more effective and user-friendly models.

Sign up for the Advanced Financial Modeler Accreditation Today and receive 15% off by using the special show code ‘Podcast’. Visit www.fminstitute.com/podcast and use code “Podcast” to save 15% when you register. 

Follow Lyndsey:

LinkedIn - https://www.linkedin.com/in/lyndsey-weber/

Follow Paul:

Website - https://www.thefpandaguy.com  

LinkedIn - https://www.linkedin.com/in/thefpandaguy 

YouTube - https://www.youtube.com/@thefpaguy8376 

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 

Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

[00:55] - Introduction;

[03:57] - Worst spreadsheet model horror story

[04:43] - Key takeaway: Importance of organization in modeling

[06:57] - Guest Backgrounds

[12:10] - Evolution of modeling roles at ExxonMobil

[14:20] - Differences between supply chain and financial modeling

[20:30] - Overview of Quantrix as a modeling tool

[22:00] - Advantages of Quantrix over Excel

[28:40] - Areas for improvement in Quantrix

[35:27] - Considerations for scalability and collaboration in modeling

[38:50] - Excel Discusssion

[44:58] - Rapid Fire Section

[52:23] - Importance of prototyping models

[53:00] - Get to know our guests personally and Conclusion

The Importance of Predicting and Influencing in FP&A with Carl Seidman

Fri, 12 Jul 2024 03:00:00 -0600

Welcome to a special episode of Financial Modeler’s Corner! Today, we're thrilled to bring you an exciting Podswap from FP&A Tomorrow. Stay tuned for an engaging conversation with Carl Seidman that you won't want to miss. Here are the show notes from our previous episode.

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In today’s episode, Paul engages in a conversation with Carl Seidman to discuss why mastering presentation skills, and understanding the needs of the audience is crucial for excelling in your FP&A career.

Carl is a premier FP&A and Fractional CFO expert, providing financial advisory and leadership development services to top companies including Deloitte, Verizon, and Walmart. Carl is known for his impactful training programs and advisory work that drive success in financial planning and analysis.

Key takeaways from this week's episode include: :

Here is a concise summary of the key points from the discussion:

In FP&A, the ability to distill complex information into a concise, impactful message is paramount. It's not about how much you know, but what you can communicate effectively.

The ability to distill complex information into a concise, impactful message is paramount. It's not about how much you know, but what you can communicate effectively.

FP&A isn't just about numbers, it's about storytelling with data, painting a vivid picture of the financial landscape that guides strategic decisions and drives organizational success

Anticipating potential disruptions or changes in the business environment is a fundamental aspect of FP&A. By identifying risks and developing strategies to mitigate them, FP&A professionals can help the organization stay ahead and adapt effectively.

Quotes:

Here are a few relevant quotes from the episode about FP&A mastery:

"You're not going to go to a nice restaurant and pay a lot of money for a delicious dish, and then have it be delivered in a greasy brown paper bag. Right. So the deliverable matters a whole lot. It can actually significantly dismiss the credibility or value of everything that came up before at that point in time."-Carl Seidman

"I think that Great FP&A looks like a team of people who are equipped, from a technical standpoint, to be able to execute the kinds of requests that are being asked of them."-Carl Seidman

“The demands in business, the increasingly fast-moving environment, competition, the risks of getting some of this planning wrong are pushing the need of FP&A to be a whole lot more proactive, a lot more agile, a lot more well rounded and thinking instead of just being about financial planning and reporting."-Carl Seidman

Follow Carl:   

LinkedIn - https://www.linkedin.com/in/carlseidman

Website - https://seidmanfinancial.co

For CPE credit please go to earmarkcpe.com, listen to the episode, download the app, and answer a few questions. For AFP FPAC certification answer the questions and contact Paul Barnhurst for further details.

In today’s episode: 

[01:25] Carl introduction;

[02:42] Changing FP&A trend over the next five years:

[10:00] Carl’s background:

[12:05] Carl’s passion for presenting and communication

[15:44] Favorite voice Carl can impersonate?

[20:42] Becoming better speakers and why presentation matters

[33:44] How you can be better at influencing

[40:44] Most important skills for FP&A professionals

[45:00] Carl’s LinkedIn learning course

[47:15] Rapid Fire

[51:35] Carl’s book recommendation

[55:51] Parting words

The Power of Partnerships in Finance With Andrew Jepson

Thu, 11 Jul 2024 03:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In today’s episode, Paul engages with Andrew Jepson, to discuss the world of Financial Planning and Analysis.

Andrew, founder of the FBPteam, has over 20 years of experience in financial planning and analysis, starting his career as an auditor and evolving into a sought-after business partner and trainer. As a passionate advocate for professional development, Andrew has authored a book on business partnering, facilitated numerous training programs worldwide, and is dedicated to elevating the capabilities of finance professionals.

Here is a concise summary of the key points from the discussion:

The great FP&A professionals go beyond just reporting numbers—they anticipate future trends and needs. This proactive approach is crucial for providing real value to the organization.
Transitioning from a focus on being right to being effective is vital. Andrew shares his personal journey of learning to communicate better and build stronger relationships within the business.

Business partnering involves working cohesively with other departments to solve real business problems and achieve strategic goals. Andrew outlines a framework for becoming an effective business partner, emphasizing understanding the business, effective communication, and building strong relationships.

Time management, perception of finance, and systems and processes are common barriers to effective business partnering. Andrew provides practical advice on how to navigate and overcome these challenges.

Mental Health and Work-Life Balance and the importance of seeking professional help. This episode highlights the need for self-awareness and taking care of one's mental health to maintain a successful career in finance.

Quotes:

Here are a few relevant quotes from the episode

"You do have time. What you've got to decide is what you choose to do at that time.”-Andrew Jepson
"It's not what you say, it's how you say it. Your energy, all that sort of stuff."-Andrew Jepson
"I think FP&A has a spectrum from average to really good. I think the average FP&A person is generally just pumping out numbers to their organization."-Andrew Jepson

In this episode, Andrew shares his journey from auditor to business partner and offers valuable insights into the evolving landscape of FP&A. Remember to prioritize your mental health and continuously seek ways to improve your processes and time management.

Link to courses:

Follow Andrew:

LinkedIn - https://www.linkedin.com/in/financebusinesspartnering/

Website - https://www.thefbpteam.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

In today's episode:

[01:01] - Introduction

[01:43] - Guest Introduction

[02:35] - Defining Great FP&A

[03:34] - Anticipation in FP&A

[05:21] - Andrew’s Career Journey

[08:10] - Importance of Business Partnering

[11:45] - Key Skills for FP&A Professionals

[15:45] - Transitioning from Being Right to Being Effective

[28:10] - Common Themes in FP&A Struggles

[43:17] - Rapid Fire Session

[50:01] - Get to know the Guest

[53:15] - Conclusion

The Role of AI in Modern Finance With Jim O'Neill

Wed, 10 Jul 2024 03:00:00 -0600

TLDR: Jim O'Neill, co-founder of SaaSWorks, discusses the critical role of AI in modern finance, emphasizing the importance of clean data, the convergence of AI with other technologies, and the need for businesses to adapt to an AI-driven landscape.

These show notes were written by Claude.AI Sonnet LLM Model.

Dive into the Future of Finance with AI Pioneer Jim O'Neill

Are you ready to revolutionize your business with AI? Join us as we explore the cutting edge of financial technology with Jim O'Neill, co-founder of SaaSWorks and former HubSpot executive. In this eye-opening episode, Jim unveils the secrets to harnessing AI's power in finance and beyond.

Key Insights:

The make-or-break factor for AI success: pristine data
AI's game-changing fusion with quantum computing, nanotech, and gene editing
Why your company needs an AI budget – now
Navigating the ethical minefield of AI advancement
Cultivating an AI-driven culture of innovation

Don't miss Jim's invaluable wisdom on preparing your business for the AI revolution. Learn how to stay ahead in a rapidly evolving technological landscape and transform your financial operations.

Follow Jim:

LinkedIn: https://www.linkedin.com/in/jim-oneill/

Website: https://www.saasworks.com/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance.

Follow them on LinkedIn:

Glenn: https://www.linkedin.com/in/gbhopperiii

Paul: https://www.linkedin.com/in/thefpandaguy

Sponsored by QFlow.ai – Revolutionizing B2B revenue planning and analysis. Learn more at Qflow.ai/future-finance.

In honor of having the show notes written by AI we have added the below sonnet as Claude.AI, Sonnet model wrote the notes.

Sonnet:

In finance's realm, where numbers reign supreme, A new force rises, born of silicon, Artificial minds, a waking dream, O'Neill speaks of change that's just begun.

Clean data's key, the lifeblood of AI, As quantum leaps with nano-innovations dance, In gene-spliced futures, new worlds we'll spy, While ethics guard our technological advance.

Businesses must adapt or fade away, Embracing risk and AI's transformative might, O'Neill's wisdom lights the coming day, Where human and machine in harmony unite.

So heed this call, let Future Finance guide, To prosperous tides on which we'll proudly ride.

In today's episode:

[00:52] - Episode Overview and Sponsorship

[01:38] - Monologue

[07:31] - Your Job is Safe

[08:56] - Importance of clean data for effective AI implementation

[09:58] - Guest Introduction

[15:30] - Founding SaaSWorks and its mission

[18:11] - Common issues with spreadsheets and data management

[21:09] - Discussion on generative AI in business operations

[25:55] - Using AI for innovative and unexpected solutions

[29:11] - Recommendations for companies adopting AI

[32:07] - Discussion on AI adoption and Excel parallels

[32:37] - Random AI-Generated get to know you questions

[36:08] - Conclusion

The Future of Financial Modeling With George Mount

Tue, 09 Jul 2024 03:00:00 -0600

Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst.

Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally.

George Mount, Excel MVP and data analytics expert, with an extensive background in finance and data science, shares his insights into the evolution of Excel, the integration of Python, and the importance of data analytics for financial modelers.

Key takeaways from this week's episode include:

Excel's flexibility is both its greatest strength and weakness. While it allows for complex modeling, this same flexibility can lead to chaotic and error-prone spreadsheets if not managed properly.

Today's Excel is vastly different from the Excel of a decade ago. With features like Dynamic Arrays, Power Query, and the integration of Python, Excel has become a powerful tool for modern data analysis and financial modeling.

Python’s capabilities in handling time series analysis, data visualization, and complex computations complement Excel’s functionalities, making it a valuable skill for modelers.

Excel excels in prototyping and wireframing due to its immediate data visibility and user-friendly interface. This makes it ideal for quickly iterating models and understanding data before moving on to more complex tools when necessary.

George shares advice on how to get started learning Python and other analytical tools to take your analysis and modeling to new heights.

A core principle for George is the importance of sharing what you know about Excel and data analytics. He emphasizes building a culture of knowledge sharing to foster growth and efficiency within teams.

Quotes:

Here are a few relevant quotes from the episode on financial analysis and modeling:

"Excel’ greatest strength and weakness is its flexibility.”-George Mount

“Excel is not the Excel of ten, 15 years ago. I often like to kind of think of it as modern Excel with Power

"Query, Power Pivot, now Python, Dynamic Arrays, LAMBDA, LET, and other things.”-George Mount

“The first rule of knowing Microsoft Excel is not to tell anyone that you're good at it.”-George Mount

In this enlightening episode, George Mount provides valuable insights into the evolving world of Excel and data analytics. By integrating new tools like Python and embracing the advanced features of modern Excel, financial modelers can significantly enhance their analytical capabilities.

 Follow George:

LinkedIn - https://www.linkedin.com/in/gjmount/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

[01:06] - Introduction;

[02:14] - Worst spreadsheet model horror story

[04:49] - Importance of achievable modeling in Excel

[05:16] - Guest Backgrounds

[08:57] - Combining data science and data analytics in Excel

[11:01] - Necessity of learning Python and R

[17:19] - Recommended resources for learning Python

[20:27] - Exciting new features in Excel

[22:25] - AI's role in Excel and financial modeling

[25:55] - Favorite function in Excel

[29:00] - Rapid fire;

[37:08] - Get to know the guest and Conclusion

Becoming a CFO through FP&A With Bonnie Tomei

Thu, 04 Jul 2024 03:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In today’s episode, Paul engages with Bonnie Tomei, in the discussion on what makes great FP&A, the future of AI in finance, and key strategies for aspiring CFOs.

Bonnie, the CFO of Salience Labs and Chief Strategy Officer for K2X, has a wealth of experience in finance, strategic planning, and M&A activities, including being the former CFO of Spectra7, where she was voted Woman CFO of the Year for smaller public companies by FBI Silicon Valley.

Here is a concise summary of the key points from the discussion:

FP&A professionals should act as strategic partners to executives, helping them achieve financial roadmaps and objectives. Understanding both internal and external factors is crucial for effective financial planning and analysis.

AI and software are transforming FP&A roles, pushing analysts to mature faster and providing deeper insights. Despite the rise of AI, the need for human intelligence to interpret data and make strategic decisions remains critical.

FP&A is a strong pathway to becoming a CFO, but professionals need to understand the technical accounting side and have business acumen. Building strong relationships with the executive team and demonstrating strategic thinking are essential for aspiring CFOs.

FP&A teams play a vital role in M&A activities, particularly in modeling and due diligence. Professionals should volunteer for tasks and demonstrate business intelligence to stay relevant during acquisitions.

Technical skills like Excel are fundamental, but equally important are soft skills such as emotional intelligence (EQ) and effective communication.

Understanding and defining key performance indicators (KPIs) is crucial for measuring success and aligning with strategic goals.

Quotes:

Here are a few relevant quotes from the episode

"Every time they come up with something new I've always fallen back to the good old days of that quick shortcut the ctrl+C, ctrl+V anyway.”-Bonnie Tomei

“Getting involved and understanding how you can help in looking at all of that and being a trusted advisor from a financial standpoint would help tremendously.”-Bonnie Tomei

In this episode, Bonnie Tomei provides a comprehensive look at the evolving landscape of FP&A, emphasizing the importance of strategic partnership, the impact of AI, and the essential skills needed to excel in the field. Bonnie's insights offer valuable guidance on navigating the complexities of financial planning and analysis. Stay curious, be proactive, and focus on building strong professional relationships to thrive in your FP&A career.

Link to courses:

FP&A Business Partnering (thinkific.com)

Modern Microsoft Excel (thinkific.com)

Follow Bonnie:

LinkedIn - https://www.linkedin.com/in/bonnie-tomei-a288b91/

Website - https://saliencelabs.ai/

Follow Paul:

Website - https://www.thefpandaguy.com

LinkedIn - https://www.linkedin.com/in/thefpandaguy

In today's episode:

[01:01] - Introduction

[01:43] - Guest Introduction

[03:35] - Defining Great FP&A

[05:21] - Future Changes in FP&A

[07:00] - Career Progression to CFO

[11:07] - Advice for FP&A During M&A Activities

[13:19] - Transition to CFO

[16:27] - FP&A as a Pathway to CFO

[27:35] - Skills for Aspiring CFOs

[30:55] - Being More Strategic in FP&A

[34:02] - Rapid Fire Session

[37:34] - Contact Information of the Guest

[39:10] - Final Advice and Conclusion

Innovative Approaches to Financial Modeling And Risk Management With Raphael Benhamou

Tue, 02 Jul 2024 03:00:00 -0600

Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst.

Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally.

Raphael Benhamou, an independent consultant and fractional CFO explores the art and science of financial modeling. Raphael shares his experiences, insights, and a few horror stories from his extensive career, highlighting the importance of operational understanding and the advantages of using modern tools like Causal for financial modeling.

Sample Causal Financial models if you want to review how Causal works:

Subscription Model - https://www.benhamouconsulting.com/subscription-saas-revenues

Pipeline Model - https://www.benhamouconsulting.com/pipeline-saas-revenues

Key takeaways from this week's episode include:

Raphael emphasizes the critical need for regular audits of financial models to prevent errors and ensure accuracy. He shares a horror story about a model that wasn't audited for five years, leading to significant financial discrepancies.

While Excel is known for its flexibility, Raphael discusses the trade-offs of using more structured tools like Causal, which can help reduce errors and provide more insightful analysis through its object-oriented approach and natural language variables.

The importance of integrating operational data with financial models to provide actionable insights. He stresses that understanding business operations is crucial for building effective and useful models.

Raphael shares his journey from using traditional Excel spreadsheets to adopting Causal, a modern financial modeling tool. He explains how Causal's dynamic dashboarding, probability distribution modeling, and seamless integration with other systems offer significant advantages over Excel.

The discussion focuses on the potential of AI in financial modeling, Raphael notes that while AI can build models, the real question is whether it should. He also touches on the importance of human judgment and expertise in interpreting and using these models effectively.

Quotes:

Here are a few relevant quotes from the episode on financial analysis and modeling:

"My perspective on this is what I was saying earlier about operating connecting to finance. I think to be a good financial modeler, you need to have a good understanding of what what's going on in the business as well, not just at the finance level.”- Raphael Benhamou

“It gave me a great grounding in best practices for modeling across all modeling platforms, especially Excel. Because one of my big nitpicks with Excel and Google Sheets is that it's too freeform.”- Raphael Benhamou

This episode provides valuable insights into the evolving landscape of financial modeling. The discussion sheds light on the benefits of modern financial modeling tools like Causal, the necessity of regular audits, and the critical role of understanding business operations. Whether you're a seasoned financial modeler or just starting, this episode offers practical advice and thought-provoking perspectives on how to enhance your financial modeling practices.

 Follow Raphael:

LinkedIn - https://www.linkedin.com/in/raphaelmibenhamou/
Website - https://www.benhamouconsulting.com/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
TikTok - https://www.tiktok.com/@thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true

Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

[00:03] - Introduction

[01:01] - Guest Introduction

[03:47] - Key Takeaways from the Horror Story

[04:55] - Guests’ Background

[07:13] - Introduction to Causal

[08:03] - Transition to Finance

[12:29] - Love for Modeling

[14:00] - Early Career and Tools

[17:46] - Flexibility vs. Structure

[23:50] - Types of Models Built in Causal

[39:43] - Rapid-Fire Session

[48:12] - Get to know the guest

[49:46] - Conclusion

Strategies for Integrating Data and Driving Decisions With Michael Dion

Thu, 27 Jun 2024 03:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In today’s episode, Paul engages in an insightful roundtable discussion with Michael Dion on how FP&A goes beyond numbers and reports, focusing on collaboration and leveraging cutting-edge technology like generative AI to drive business success.

Michael, a seasoned finance professional and senior manager at a Fortune 100 company, is passionate about storytelling and presentations, transforming traditional financial reviews into engaging, story-based approaches. As a finance leader with extensive experience in media and entertainment, his innovative use of generative AI and dedication to continuous learning set him apart as a visionary in the FP&A field.

Key takeaways from this week's episode include:

Here is a concise summary of the key points from the discussion:

Great FP&A emphasizes collaboration across departments, enabling informed decision-making rather than merely generating reports and numbers. This approach fosters a more integrated and strategic business environment.

Future FP&A professionals need to be technically proficient with tools like Python and generative AI. These technologies are crucial for handling and processing large data sets efficiently, enhancing overall effectiveness.

Implementing automation and AI can streamline FP&A processes, increasing efficiency and productivity. This allows FP&A professionals to focus on more strategic tasks, driving greater impact within their organizations.

Moving from traditional, number-heavy presentations to story-based approaches that incorporate insights from various departments can make financial reviews more engaging and actionable, leading to better business outcomes.

Strong relationships with business partners are essential for FP&A professionals. These relationships enable them to provide valuable support and drive strategic decisions, ultimately benefiting the entire organization.

Continuous learning and adapting to new technologies are critical for FP&A professionals to stay relevant. Embracing technological advancements ensures they can meet the evolving demands of the industry.

Proactively providing useful insights and well-prepared reports can make life easier for business partners and managers. This approach fosters better collaboration, enhances strategic decision-making, and supports career growth for FP&A professionals.

Quotes:

Here are a few relevant quotes from the episode

"We need to almost be pseudo IT professionals just like how you had to learn and transition into Excel 20 years ago”-Michael Dion

“AI is going to make us in some ways more technical, not less.”-Michael Dion

“I'm all about efficiency, and I've been using the generative AI to teach myself Python by learning its functionality by reviewing libraries of code.”-Michael Dion

“My goal going in was to just engage people and make them, dare I say, excited about finance.” -Michael Dion

This discussion with Michael Dion focuses on the evolving role of financial planning and analysis (FP&A) in modern organizations. Key topics include the importance of collaboration, the integration of advanced technologies, and practical strategies for FP&A professionals to enhance their effectiveness and impact.

Exciting Announcement

I am excited to share my two new digital FP&A Courses with you FP&A Business Partnering, and Modern Excel. They just launched and I am excited to offer a 20% discount to my listeners using code PODCAST.

Link to courses:

Follow Michael:

LinkedIn - https://www.linkedin.com/in/dionmichaelc/

Website - https://www.f9finance.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

In today's episode:

[01:20] - Introduction

[02:00] - Guest Introduction

[03:05] - Integrating Consumer Insights

[04:44] - Preparing for Technological Changes

[05:30] - How technology enhances the abilities of FP&A professionals

[11:30] - Media Industry Passion

[15:30] - Amortization of Film Costs

[18:00] - Response to F9 Finance

[24:00] - Transforming Business Reviews

[28:34] - Advice for Story-Based Reporting

[38:00] - Career Advice

[39:00] - Rapid Fire Session

[41:07] - Use of Generative AI

[45:00] - Business Partnership

[46:14] - Contact Information of the Guest

[47:00] - Conclusion

Ensuring Fairness and Privacy in the Digital Age With Ben Dooley

Wed, 26 Jun 2024 03:00:00 -0600

This week on Future Finance before getting to our guest interview HAL 9000l makes a guest appearance and Glenn has a fun discussion about romantic relationships and AI that you will not want to miss.

Welcome to the exciting world of Future Finance! Today's episode dives into the exploration of the dynamic intersection of AI and finance. Ben Dooley, the global head of Productized Solutions at Infospace, joins Paul Barnhurst and Glenn Hopper for a thought-provoking discussion on responsible AI, strategic innovation, and the future of financial automation.

Here are the key takeaways to whet your appetite for the full episode:

Ben emphasizes the importance of a responsible AI framework that includes human-centric design, fairness, explainability, security, reliability, and compliance to ensure ethical and effective AI implementation.

Tailoring AI to meet human needs without mimicking human intelligence is crucial for making AI tools that enhance human capabilities and ensure user trust.

The need for AI to be explainable is highlighted, with Ben suggesting models should cite their sources and provide logic for their decisions to build trust and understanding among users.

Privacy concerns around AI usage are discussed, emphasizing the necessity for better regulatory frameworks to control who has access to data and how it is used.

The discussion on how AI can play a strategic role in finance by improving forecasting, automating processes, and driving strategic transformation within organizations.

The discussion touches on the current capabilities of AI in automating traditional finance tasks and the potential future where true autonomous agents could revolutionize the industry.

With over a decade of experience in managing complex projects, driving corporate change, and leading entrepreneurial ventures, Ben is an expert in AI and change management. This insightful episode with Ben Dooley underscores the importance of responsible AI and its transformative potential in finance.

Follow Ben:

LinkedIn: https://www.linkedin.com/in/bendooley/

Website: https://www.infocepts.ai/

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

Learn more at Qflow.ai/future-finance.

In today's episode:

[01:16] - Episode Overview and Sponsorship

[03:00] - Responsible AI Framework Introduction

[04:40] - Reliability and Compliance in AI

[06:21] - Current AI Capabilities and Risks

[11:47] - Guest Introduction

[12:14] - AI in Traditional Finance Tasks

[17:52] - Fairness and Bias in AI

[19:40] - Trust and Verification in AI

[22:02] - Strategic Use of AI and Balancing Privacy in Finance

[27:32] - Future Predictions for AGI

[28:52] - Other Exciting Technologies

[31:57] - Fun rapid-fire Session

[34:20] - Best Career Advice

[36:34] - Conclusion

Building Structured Financial Models from Chaos With Brian Vaddan

Tue, 25 Jun 2024 03:00:00 -0600

Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst.

Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally.

In today’s episode, Paul engages in a conversation with Brian Vaddan.

Brian Vaddan is a distinguished financial modeler with a rich background in investment banking and financial engineering. His emphasis on intellectual curiosity, the need for simplicity, and the creative nature of financial modeling provide listeners with a fresh perspective on the discipline.

Key takeaways from this week's episode include:

A distinction between those who use spreadsheets casually and those who build models as a core discipline. He emphasizes the importance of creating models that are understandable and usable by others, akin to the difference between a sketch artist and an architect.

Intellectual curiosity, an almost obsessive desire to solve problems, and the ability to bring structure out of chaos are highlighted as key traits for successful financial modelers. Brian stresses that these traits are more critical than technical skills alone.

One of the profound insights shared is the importance of simplifying complex problems. Brian believes that the true measure of a modeler’s intellect is their ability to present complex ideas in a straightforward and understandable manner.

Financial modeling is described as a deeply creative exercise. Brian compares it to art, where each model reflects the modeler’s thought process and experiences, much like an artist’s painting.

Brian shares his experience transitioning from being a modeler to managing a team. He discusses the challenges of letting go and empowering others, and the iterative learning process involved in both building and reviewing models.

Quotes:

Here are a few relevant quotes from the episode on financial analysis and modeling:

"I guess, the easiest way for me to describe it is the difference between somebody who sketches on paper and someone who's an architect, or someone who has a hammer and someone who's an actual carpenter.”- Brian Vaddan

“One of the primary differences is that you will do it for someone else. So when I built a lot of the initial models from the earlier part of my career, it was for me. It was to derive an answer that I needed to a question that was asked of me.”- Brian Vaddan

“The way you display the depth of your intellect, to me, is not the complexity in the formula that you build, but how you take that complex formula and simplify it into a manner that anyone with just a basic understanding can understand.”- Brian Vaddan

“Never stop learning and don't quench that intellectual curiosity that will make your modeling experience and career so much richer and so much more rewarding.”- Brian Vaddan

In this engaging episode of Financial Modeler's Corner, Brian Vaddan shares his insights on the intricacies of financial modeling. He recounts his journey from investment banking to EY, emphasizing the importance of intellectual curiosity and perseverance. He advises aspiring modelers to maintain a growth mindset and continually seek learning opportunities, providing valuable insights into the discipline of financial modeling.

Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit. 

View and download the Financial Modeling Code at financial-modelling-code.ashx (icaew.com)

Follow Brian:

LinkedIn - https://www.linkedin.com/in/brian-vaddan-62ba7325/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
TikTok - https://www.tiktok.com/@thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

[00:03] - Introduction

[01:00] - Guest Introduction

[01:14] - Horror Story

[03:40] - Rule of Thumb

[04:10] - Guests’ Background

[06:28] - Spreadsheets vs. Modeling

[10:16] - Essential Traits for Modelers

[13:30] - Modeling as a Discipline

[19:00] - Simplicity in Complexity

[24:00] - Modeling as a Creative Exercise

[28:10] - Transition to Team Leadership

[33:00] - Rapid-Fire Session and Guests’ Contact Information

[38:10] - Conclusion

Revolutionizing Mid-Market FP&A with Advanced Data Solutions With Julio Martinez

Thu, 20 Jun 2024 03:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In today’s episode, Paul engages in an insightful roundtable discussion with Julio Martinez on how mid-market companies can harness the power of technology, data, and business partnering to drive performance and accountability.

Julio, a visionary in the finance world, currently serving as the CEO of Abacum. His passion for innovation and technology makes him a leading voice in transforming the finance sector. With over two decades of experience in finance, investment banking, and fintech, Julio brings unparalleled insights into the evolving landscape of FP&A.

Key takeaways from this week's episode include:

Here is a concise summary of the key points from the discussion:

Effective FP&A requires breaking down traditional silos in finance, fostering collaboration, empathy, and rapport to influence and persuade stakeholders across the organization.

Mid-market companies face unique challenges with data volume and complexity. They require tailored solutions that provide sophisticated capabilities without the long implementation times of enterprise-level software.

Clean, well-organized data is essential. Many FP&A teams still spend excessive time on data cleaning and assembly, limiting their ability to focus on strategic business partnering.

The CFO's role is evolving towards a Chief Performance Officer, integrating strategy, operations, and performance management to drive accountability and execution throughout the organization.

There is a growing trend for FP&A to take on revenue operations and data analytics roles, ensuring objective performance analysis and avoiding biases from other departments.

Despite advancements in technology, mastery of spreadsheets remains a critical technical skill for FP&A professionals, along with knowledge of SQL and potentially Python for data modeling.

Taking a sabbatical can be a powerful, life-changing experience, providing valuable personal and professional growth that can significantly impact one's career trajectory.

Quotes:

Here are a few relevant quotes from the episode

"FP&A will become the command center of the company's operational rhythm.”- Julio Martinez

“The mid-market is a very unique, complex, sophisticated, and underserved category.”- Julio Martinez
“I think professionals still need to master Excel and Google Sheets and that spreadsheet realm.”- Julio Martinez

This conversation with Julio Martinez offers an in-depth look into the current and future state of FP&A, emphasizing the importance of business partnering and the transformative power of technology. As the FP&A field continues to evolve, professionals can take inspiration from Julio's journey and the innovative approaches discussed in this episode to excel in their roles.

Exciting Announcement

Link to courses:

Follow Julio:

LinkedIn - https://www.linkedin.com/in/thejuliomartinez/

Website - https://www.abacum.io/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

In today's episode:

[00:50] - Introduction

[01:48] - Guest Introduction

[03:54] - Blending of Operations in FP&A

[04:47] - Guest’s Background and Career Journey

[07:00] - The Value of a Sabbatical

[09:12] - The Impact of Community in Microfinance

[14:57] - Launching Fintech Startups and the Transition to Abacum

[18:16] - Why FP&A for a Startup- Motivation from Guest

[20:30] - Identifying Key Pain Points in FP&A

[23:34] - Mid-Market FP&A Challenges and Opportunities

[33:59] - Opportunities in Business Partnering for FP&A

[36:00] - Rapid-Fire Session

[39:50] - Get to Know Guest

[42:22] - Conclusion

Secrets to Building Error-Free Financial Models with Cameron & Nicholas Hay

Wed, 19 Jun 2024 03:00:00 -0600

Welcome to a special episode of our podcast! Today, we're thrilled to bring you an exciting Podswap. We are sharing an episode from Financial Modeler’s Corner. Stay tuned for an engaging conversation you won't want to miss.

Here are the show notes from our previous episodes.

Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst.

Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally.

In today’s episode, Paul engages in a conversation with Cameron and Nicholas Hay to discuss dynamic arrays in financial modeling. Cameron and Nicholas share their experiences and insights on using dynamic arrays to build fully dynamic models, avoiding common pitfalls, and the benefits of this approach.

Cameron and Nicholas are seasoned financial modeling experts and co-founders of Finomatic Consulting. Their practical advice and innovative tips have helped countless professionals enhance their modeling skills.

Key takeaways from this week's episode include:

Use dynamic arrays to reduce the number of formulas and potential error points. Clearly separate inputs, calculations, and outputs into distinct sheets. This enhances clarity and ease of use.

Ensure uniform column and row structures across sheets. This consistency minimizes errors and simplifies formula management, making models easier to audit and understand.

Mixing traditional Excel formulas with dynamic arrays reduces the benefits. A complete commitment ensures better performance and error reduction.

Using graphs and charts helps quickly identify trends and anomalies, making it easier to ensure realistic assumptions and accurate models.

Establishes a solid foundation, ensuring you learn best practices early on, which prevents the development of bad habits and enhances overall modeling skills.

Implementing dynamic arrays can drastically reduce the file size and complexity of models, making them more efficient and manageable.

Issues like mixed calculations and unrealistic assumptions emphasize the importance of thorough checks and realistic inputs in financial modeling.

Download a sample fully dynamic 3-statement model Excel Files — The FP&A Guy (thefpandaguy.com), courtesy of Cameron and Nicolas Hay.

Quotes:

Here are a few relevant quotes from the episode on financial analysis and modeling:

"A blank Excel workbook doesn't have any errors in it until you add data and formulas. Minimizing the number of formulas should reduce the error potential of the file.”

“With business, if you can understand how cash flows around a business, that's you can get in and really understand a business.”

“If you're going to dip your toe into dynamic arrays, you've got to make sure you commit fully with 100% commitment.”

Follow Cameron and Nicholas:

Cameron Hay LinkedIn - https://www.linkedin.com/in/cameron-hay-ca-a31b4752/

Nicholas Hay LinkedIn- https://www.linkedin.com/in/nicholas-hay-1992/

Website - https://finomatic.co.uk/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy 

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 

Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

[00:03] - Introduction

[00:40] - Guest Introduction and Theme for the Week: Dynamic Arrays

[01:50] - The Worst Financial Model the Guest Experienced

[02:00] - Horror Stories: Mixed Calculations and Unrealistic Assumptions

[04:10] - Key Takeaways from Horror Stories

[05:00] - Guests’ Backgrounds and Career Journeys

[10:00] - The Importance of Structure and Design in Financial Modeling

[14:10] - Introduction to Dynamic Arrays and Their Benefits

[21:30] - Challenges with Corkscrews and Lambdas

[31:20] - Rapid-Fire Session and Guests’ Contact Information

Discovering New Dimensions In Accounting with Sasha Orloff

Tue, 18 Jun 2024 03:00:00 -0600

Welcome to a special episode of our podcast! Today, we're thrilled to bring you an exciting Podswap. Stay tuned for an engaging conversation you won't want to miss. Here are the show notes from our previous episodes.

TLDR: These show notes were optimized using Claude AI Haiku and are designed to make you listen to the full episode. We even asked Haiku to provide a Haiku summarizing the show notes for your reading pleasure.

Haiku:

Finance takes new shape,

AI-driven transformation,

Shaping the future.

Prepare to be captivated as hosts Paul Barnhurst and Glenn Hopper welcome Sasha Orloff, CEO of Puzzle, to uncover the technological advancements reshaping the world of finance and accounting. In this eye-opening episode, you'll discover:

- How generative AI is seamlessly integrating into everyday software, automating tasks and delivering data-driven insights.

- The rise of "AI agents" in 2024 - advanced systems designed to autonomously process complex problems and provide tailored solutions.

- Sasha's visionary project, Puzzle, modernizing accounting software with real-time, flexible financial data processing.

- The transformative potential of blockchain technology to enhance transparency and traceability of financial transactions.

- The future of finance is reimagined through AI and predictive analytics, empowering more precise forecasting and strategic decision-making.

Sasha shares his insightful perspective:

- "I'm building Puzzle, which is modern accounting software for growing companies."

- "We may not yet be at a point where AI is going to take our jobs, but the future will be divided into two camps: people who use AI and those who don't. One of these groups is going to be left behind."

Don't miss this captivating conversation that explores the intersection of finance, technology, and AI. Gain invaluable insights to stay ahead of the curve and thrive in the rapidly evolving world of corporate finance.

Follow the Conversation:

Glenn Hopper (LinkedIn: https://www.linkedin.com/in/gbhopperiii)

Paul Barnhurst (LinkedIn: https://www.linkedin.com/in/thefpandaguy)

Sasha Orloff (LinkedIn: https://www.linkedin.com/in/saor/)

Puzzle (LinkedIn: https://www.linkedin.com/company/puzzlefin, Website: https://puzzle.io)

Future Finance is sponsored by Qflow.ai. Learn more at Qflow.ai/future-finance.

Financial Modeler’s Corner is sponsored by the Financial Modeling Institute. Learn more at https://fminstitute.com/podcast/.

In today's episode:

[01:52] Introduction

[03:30] The latest phase of the AI revolution

[04:49] Pros and cons of chatbots and the rise and evolution of AI agents

[09:15] Recent updates about AI

[12:51] Guest’s background

[14:00] Insights from guest’s career

[16:35] Introduction of Puzzle and future of general ledger in accounting

[25:10] How blockchain can be an effective tool for accounting

[30:22] How AI and predictive analytics can change finance in upcoming years

[34:32] Democratization of data science and various uses of machine learning

[39:05] Lighting Round Questions

Why Your Pricing Model Is Costing You Millions With Nathan Kaemingk & Karan Sood

Thu, 13 Jun 2024 03:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In today’s episode, Paul engages in an insightful roundtable discussion with Nathan Kaemingk & Karan Sood on LinkedIn. In the episode, we discuss the nuances of strategic pricing and its immense impact on business profitability.

Karan, a seasoned pricing professional, shares his extensive experience across various industries, emphasizing the importance of cross-functional alignment and value-based pricing.

Nathan, with a unique background in mechanical engineering and forecasting, highlights the critical role of understanding costs and leveraging pricing strategies to combat inflation and optimize profits.

Key takeaways from this week's episode include:

Here is a concise summary of the key points from the discussion:

Effective pricing requires collaboration between finance, FP&A, and pricing teams. Transparent communication and alignment on goals are essential to ensure cohesive strategies that drive profitability.

Value-based pricing is the gold standard, especially in service industries. By quantifying and communicating the value provided to customers, businesses can justify higher prices and enhance profitability.

Inflation significantly affects pricing strategies. Companies must adjust prices to keep up with rising costs and maintain profit margins, making strategic pricing more critical than ever.

Relying solely on cost-plus pricing can lead to missed opportunities. Understanding customer value and competitive positioning allows for more strategic price setting, rather than simply adding a margin to costs.

Constructively using promotions and discounts can drive volume without eroding profit margins. Measuring and optimizing these strategies ensures they contribute positively to overall profitability.

Rebates can be effective for maintaining uniform pricing across different channels and incentivizing performance. However, companies must measure and adjust rebate programs regularly to ensure they are beneficial.

Accurate forecasting and aligning sales with operational capacity are crucial. Effective sales inventory and operations planning [SIOP] can significantly increase net profit margins by optimizing resource utilization and pricing strategies.

Quotes:

Here are a few relevant quotes from the episode

"The art of pricing goes beyond just number crunching, it goes into cross-functional alignment on what the goals are."

“The 1% increase in price leads to an 11% increase in profit margins coming out of McKinsey years ago. It still holds true.”

“It's amazing how easy it is to increase profits by being good at pricing.”

“Pricing is going to become one of the most important things that we get good at over the next half-decade.”

Exciting Announcement

I am excited to share my two new digital FP&A Courses with you FP&A Business Partnering, and Modern Excel. They launched yesterday and I am excited to offer a 20% discount to my listeners. Use code PODCAST.

Link to courses:

Follow Karan:

LinkedIn - https://www.linkedin.com/in/soodkaran/

Website - https://www.kobo.com/

Follow Nathan:

LinkedIn - https://www.linkedin.com/in/nathankaemingk/

Website - https://www.betterforecasting.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

In today's episode:

[01:10] - Introduction

[02:00] - Guest Introduction

[03:00] - Misconceptions About Pricing

[04:20] - The importance of Value-Based Pricing

[07:00] - The Role of FP&A in Pricing

[11:40] - Leveraging Digital Courses for FP&A Professionals

[12:00] - Guest Backgrounds

[18:40] - Impact of Inflation on Pricing

[22:00] - Strategies for Competitive Markets

[26:30] - Effective Rebate Strategies

[31:00] - Collaboration Between Finance and Pricing Teams

[36:10] - Rapid-Fire Session

[58:30] - Conclusion

How Generative AI Is Changing The Game for Finance Professionals - Featuring Adam Tzagournis

Wed, 12 Jun 2024 03:00:00 -0600

TLDR: These show notes were optimized using Google Gemini after we tried Meta Llama 3 8B and ran into issues. The show notes are designed to make you listen to the full episode thanks to AI.

Below is a poem for the show from Gemini

The numbers whiz by,
a blur in the night,
Financial wizards locked in a fight.
AI swoops in, a tool sharp and bright,
Saving precious hours,
making data take flight.

Future Finance: AI Revolutionizes Financial Planning

Welcome to the exciting world of Future Finance! Today's episode dives into the transformative power of Artificial Intelligence (AI), specifically generative AI, in the financial industry. Our guest, Adam Tzagournis, a CPA, full-stack developer, and the founder of FlowCog Canvas, joins Paul Barnhurst and Glenn Hopper for a thought-provoking discussion.

Here are the key takeaways to whet your appetite for the full episode:

Generative AI for the Win: Researchers are making significant strides in AI, with studies demonstrating its ability to outperform human analysts in tasks like financial statement analysis. This translates to more accurate and timely insights for better decision-making.

AI as a Powerhouse for Productivity: Generative AI automates repetitive tasks such as data analysis and reporting, freeing up valuable time for finance professionals to focus on strategic analysis and decision-making.

Human-AI Collaboration is Key: The future lies in a collaborative approach where AI empowers human expertise. Financial professionals can leverage AI tools to gain deeper financial insights and proactive risk management strategies.

The Rise of the Evolving Workforce: The financial industry is on the cusp of a transformation. While some jobs may be displaced by AI, new roles will emerge, emphasizing the need for data science and AI literacy.

Follow Adam:

LinkedIn: https://www.linkedin.com/in/adam-tzagournis-cpa/

Website: https://canvas.flowcog.com/

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website: https://qflow.ai/future-finance

Stay tuned for the full episode where you'll learn more about the exciting applications of generative AI in financial projections, the future of financial roles, and much more

Learn more at Qflow.ai/future-finance.

In today's episode:

[06:54] Introduction

[07:30] AI and Nose-Picking

[08:55] Guest Introduction

[10:10] Early Adoption of AI

[13:28] Generative AI in Financial Projections

[17:00] Pace of AI Advancements

[18:12] AI as a Productivity Tool

[25:39] AI for Small and Medium Businesses

[30:35] Fun rapid-fire Session

[33:40] Future of Finance Predictions

[36:50] Contact information for more learning opportunities

Secrets to Building Error-Free Financial Models with Cameron And Nicholas Hay

Tue, 11 Jun 2024 03:00:00 -0600

Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst.

Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally.

Key takeaways from this week's episode include:

Use dynamic arrays to reduce the number of formulas and potential error points. Clearly separate inputs, calculations, and outputs into distinct sheets. This enhances clarity and ease of use.

Ensure uniform column and row structures across sheets. This consistency minimizes errors and simplifies formula management, making models easier to audit and understand.

Mixing traditional Excel formulas with dynamic arrays reduces the benefits. A complete commitment ensures better performance and error reduction.

Using graphs and charts helps quickly identify trends and anomalies, making it easier to ensure realistic assumptions and accurate models.

Establishes a solid foundation, ensuring you learn best practices early on, which prevents the development of bad habits and enhances overall modeling skills.

Implementing dynamic arrays can drastically reduce the file size and complexity of models, making them more efficient and manageable.

Issues like mixed calculations and unrealistic assumptions emphasize the importance of thorough checks and realistic inputs in financial modeling.

Download a sample fully dynamic 3-statement model Excel Files — The FP&A Guy (thefpandaguy.com) courtesy of Cameron and Nicolas Hay.

Quotes:

Here are a few relevant quotes from the episode on financial analysis and modeling:

"A blank Excel workbook doesn't have any errors in it until you add data and formulas. Minimizing the number of formulas should reduce the error potential of the file.”

“With business, if you can understand how cash flows around a business, that's you can get in and really understand a business.”

“If you're going to dip your toe into dynamic arrays, you've got to make sure you commit fully with 100% commitment.”

Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit. 

View and download the Financial Modeling Code at financial-modelling-code.ashx (icaew.com)

Follow Cameron and Nicholas:

Cameron Hay LinkedIn - https://www.linkedin.com/in/cameron-hay-ca-a31b4752/
Nicholas Hay LinkedIn- https://www.linkedin.com/in/nicholas-hay-1992/
Website - https://finomatic.co.uk/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
TikTok - https://www.tiktok.com/@thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true

Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

[00:03] - Introduction

[00:40] - Guest Introduction and Theme for the Week: Dynamic Arrays

[01:50] - The Worst Financial Model the Guest Experienced

[02:00] - Horror Stories: Mixed Calculations and Unrealistic Assumptions

[04:10] - Key Takeaways from Horror Stories

[05:00] - Guests’ Backgrounds and Career Journeys

[10:00] - The Importance of Structure and Design in Financial Modeling

[14:10] - Introduction to Dynamic Arrays and Their Benefits

[21:30] - Challenges with Corkscrews and Lambdas

[31:20] - Rapid-Fire Session and Guests’ Contact Information

Why FP&A Professionals Are Struggling in The Age of Al - Insights from Philip Watson

Thu, 06 Jun 2024 03:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In today’s episode, Paul engages in an insightful interaction with Philip Watson, for a discussion on what it takes to excel in financial planning and analysis (FP&A).

Philip, the CFO of Paddle, brings a wealth of knowledge, having led FP&A at ZoomInfo through its rapid growth and IPO. He is known for his commitment to developing talent, Philip's leadership has shaped the careers of many finance professionals. Currently leading Paddle’s financial strategy, Philip is transforming how fintech companies handle complex financial operations.

Key takeaways from this week's episode include:

Here is a concise summary of the key points from the discussion:

Great FP&A extends beyond finance skills, encompassing the ability to communicate with stakeholders, understand the business, and manage relationships. It's about being operationally involved, translating complex financial stories, and driving business insights.

While finance skills are fundamental, the future of FP&A will require advanced technical abilities. Soft skills, like communication and stakeholder management, remain crucial, but familiarity with data science and coding will become increasingly important.

Emphasizing the importance of small, incremental improvements, aiming for 1% better every day. This approach, combined with rigorous measurement and process optimization, helps drive long-term business success and operational excellence.

Sales compensation is a significant driver of behavior and revenue. Aligning incentives with business goals is essential to ensure that sales efforts contribute positively to the company’s financial health and strategic objectives.

Implementing a detailed, three-statement forecast on a rolling 18-month basis provides valuable insights into future business performance. This process requires the right tools, experienced personnel, and a robust infrastructure to ensure accuracy and reliability.

FP&A serves as an excellent training ground for becoming a CFO. Exposure to various business aspects, forecasting, and financial strategy prepares professionals for leadership roles, making FP&A a vital stepping stone in a finance career.

The title sponsor for this week’s episode of FP&A Tomorrow is Plan Buddies. Plan Buddies, where professionals meet excellence. Ready to elevate your career? Visit plan-buddies.com and become a member today. Here's a special treat. Use the promo code TheFPandAGuy, that is TheFPandAGuy for an exclusive 25% discount on your first-year membership.

Quotes:

Here are a few relevant quotes from the episode

"Some of the nice stuff, some of the machine learning stuff will probably take care of some of the grunt kind of modeling grunt, grinding through Excel that we have now, and it will automate some of that. It won't replace. I don't think it will replace people. It will change their job."

“I think FP&A is probably the best launchpad for being a CFO. You get exposure to all the business leaders. You get exposure to all other aspects. It forces you to think ahead and not behind.”

“Your job is to go translate numbers, to go communicate to the business, and be out with the business, in the meetings, in the room. It's important to be in the room.”

“Sales comp is a massive driver. I mean, compensation is a massive driver of behavior.”

Follow Philip:

LinkedIn - https://www.linkedin.com/in/philipawatson

Website - https://www.paddle.com

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

In today's episode:

(01:10) - Introduction

(01:45) - Guest Introduction

(02:00) - Defining Great FP&A

(03:25) - Future of FP&A

(04:20) - Guest Background

(06:04) - Scaling at ZoomInfo

(18:17) - FP&A as A Launchpad for CFO

(27:40) - Sales Commission Strategies

(32:47) - Effective Forecasting Practices

(41:49) - Rapid-Fire Session

(43:20) - Guest’s Personal Insights

(45:30) - Advice for FP&A Business Partners

Golden Rules to Prevent Excel Disasters in Financial Modeling with Gary Knott

Tue, 04 Jun 2024 03:00:00 -0600

Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst.

Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally.

In today’s episode, Paul engages in a conversation with Gary Knott, to discuss invaluable insights and tips on avoiding common Excel pitfalls, structuring workbooks for success, and the importance of consistency and clarity.

Gary is a seasoned financial modeling expert and author of "Avoid Excel Horror Stories." He shares his golden ground rules for Excel modeling. With a background at Deloitte and his successful consultancy, Gary's practical advice and innovative tips have helped countless professionals enhance their modeling skills.

Key takeaways from this week's episode include:

Organize workbooks with clear, logical structures. Separate inputs, calculations, and outputs into distinct sheets. Use consistent naming conventions and separator sheets to enhance clarity and ease of use.

Maintaining a consistent design throughout the workbook. Use uniform column and row structures across sheets. Consistency minimizes errors and simplifies formula management, making models easier to audit and understand.

Formal training in financial modeling is crucial. It establishes a solid foundation, ensuring you learn best practices early on, which prevents the development of bad habits and enhances overall modeling skills.

Real-life horror stories highlight common errors, such as improper data copying and pasting. Ensuring consistent data formats and understanding the intricacies of your calculations are essential to avoid costly mistakes.

Use Macros for repetitive tasks like generating output sheets, not for complex calculations. They help automate processes and reduce manual errors but should be applied judiciously to maintain model integrity.

Implement data validation to restrict inputs. This minimizes user errors by ensuring only valid data entries are made, such as positive numbers or specific date ranges, enhancing the reliability of your models.

Regularly test models to ensure accuracy. Use master check sheets to consolidate checks and quickly identify errors. This proactive approach helps maintain the model’s integrity and reliability over time.

Quotes:

Here are a few relevant quotes from the episode on financial analysis and modeling:

"Consistency is key." I think of all the rules there are, that's the one. If you follow that one, that can bring you a long way in terms of getting a reliable model.

“Certainly, getting trained early, not trying to learn it yourself, but taking some formal training course so you can learn the basics.”

“I'm always a very keen fan of putting checks in models, collating them all on a master check sheet, and then adding them all up.”

"If the difference is zero, then your balance sheet balances. You can send that through to a master check sheet. Then if you add them all up, all the checks up and they're totally zero, then you haven't identified any issues"

Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit. 

View and download the Financial Modeling Code at financial-modelling-code.ashx (icaew.com)

Follow Gary:

LinkedIn - https://www.linkedin.com/in/garyknottconsulting/
Website - https://www.knott-consulting.com/
Book - Amazon.com: Avoid Excel Horror Stories

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
TikTok - https://www.tiktok.com/@thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true

Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

(00:55) - Introduction

(01:40) - Guest Introduction

(01:50) - The worst Financial Model the Guest Experienced

(01:56) - First Horror Story and Mixed Calculations

(02:50) - Second Horror Story and Daisy Chains

(04:06) - Guest’s Career Journey

(05:50) - The Role of Accounting in Financial Modeling

(08:45) - Guest’s Introduction as Author

(10:00) - Golden Ground Rules for Financial Modeling

(14:00) - Importance of Using a Clear and Logical Workbook Structure.

(17:00) - A clean, Consistent Design to Make Models Professional and User-friendly.

(23:10) - Instructions for Users to Ensure They Understand How to Use the Model.

(29:00) - Horror Stories from Financial Modeling

(33:40) - Tips and Tricks and Benefits of Using Power Query

(37:19) - Rapid-Fire Session

(42:10) - Guest's Contact Information

The Ultimate FP&A Playbook For Cloud Spend Optimization with Tyler Cyphers

Thu, 30 May 2024 03:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In today’s episode, Paul engages in an insightful interaction with Tyler Cypher, for a discussion on how generative AI is reshaping FP&A, the importance of business partnering, and optimizing cloud spend.

Tyler, the founder and CEO of OpsCipher, shares his journey from Disney finance intern to leading FP&A at top cybersecurity firms. He is an expert in leveraging generative AI for strategic decision-making. Also a passionate advocate for effective business partnering and optimizing cloud spending.

Key takeaways from this week's episode include:

Here is a concise summary of the key points from the discussion:

Generative AI simplifies data processing, enabling FP&A teams to focus more on strategic analysis and decision-making, ultimately enhancing their value to the organization.
Success in FP&A hinges on understanding business challenges, effective communication, and building trust with stakeholders. Being curious and proactive is key to growth.
Effective cloud spend management requires visibility, collaboration across teams, and financial stewardship from the early stages of product development to avoid unnecessary costs.
Financial operations play a critical role in managing cloud costs. Establishing a dedicated FinOps team or center of excellence can provide significant benefits.
How skills from varied roles like investment banking and consulting can enhance FP&A effectiveness. Exposure to various business aspects through FP&A provides a strong foundation for leadership roles.

The discussion highlights the necessity of mastering copywriting to communicate effectively and set clear expectations with stakeholders. For FP&A professionals this skill helps in selling ideas and managing business relationships successfully.

The title sponsor for this week’s episode of FP&A Tomorrow is Plan Buddies. Plan Buddies, where professionals meet excellence. Ready to elevate your career? Visit plan-buddies.com and become a member today. Here's a special treat. Use the promo code the FP&A Guy, that is TheFPandAGuy for an exclusive 25% discount on your first-year membership.

Quotes:

Here are a few relevant quotes from the episode

"The people who are the most successful have a genuine curiosity about the business. It's very hard to go into those teams and try to be that analytical value-add extension if you can't understand their challenges."

“If you think about software business, generally, the two biggest expenses are people and then the cost of running the software.”

“FinOps as an organizational structure. So from the first part, I think, it's inherent in the word financial operations. It's a financial stewardship-driven culture in the first place.”

Follow Tyler:

LinkedIn - https://www.linkedin.com/in/tylercyphers

Website - http://opscipher.com

Follow Paul:

Website - https://www.thefpandaguy.com

LinkedIn - https://www.linkedin.com/in/thefpandaguy

In today's episode:

(1:20) - Introduction

(01:50) - Guest Introduction

(02:26) - Defining Great FP&A

(05:01) - Impact of Generative AI on FP&A

(06:59) - Future of FP&A with AI

(13:25) - Becoming A Strategic Business Partner

(17:40) - Cash Flow for Coders Newsletter

(21:30) - Optimizing Cloud Spend

(30:12) - Advice for Managing Cloud Spend

(44:12) - Rapid-Fire Session

(46:40) - Essential Skills for FP&A Professionals

(47:40) - Guest’s Personal Insights.

(50:42) - Advice for FP&A Business Partners

How AI and Automation Is Bridging The Accountant Shortage with Mitchell Troyanovsky

Wed, 29 May 2024 03:00:00 -0600

TLDR: These show notes were optimized using Claude ChatGPT 4.0 and are designed to make you listen to the full episode. We also asked H4.0 to write a brief limerick summarizing the show notes.

There once was a podcast on AI,

Transforming accounting, oh my!

With Mitchell's insight,

Efficiency in sight,

A must-listen for those on the fly.

Show Notes:

Welcome to Future Finance, with your hosts Paul Barnhurst and Glenn Hopper, where we focus on the technological advancements and emerging trends fueling the FP&A professionals. We bring you vital updates and insights into the technologies that are going to shape not just finance and accounting, but every sector of the world in the years ahead.

In today’s episode, Paul and Glenn engage in a conversation with Mitchell Troyanovsky, Co-Founder of Basis, to discuss the transformative impact of AI on the accounting profession. The discussion highlights the differences between rule-based systems and generative AI.

Highlights of the Episode:

Generative AI vs. Rule-Based Systems: Generative AI offers contextual understanding and reasoning, unlike rule-based systems that rely on rigid if-then statements, making it more adaptable to complex accounting tasks.

AI as a Digital Assistant: AI can create first drafts of accounting tasks, enabling accountants to review and refine the work, thus saving time and increasing productivity. "You'll start having accountants much more of their job, rather than being this kind of monotonous manual work, start to be like, okay, this work has been done for me as a first draft, let me now review it."

Enhancing Strategic Value: AI acts as a digital assistant, supplementing the workforce rather than replacing it, and allowing accountants to provide more strategic value to their clients. "It is a tool for accountants. Explicitly, at the end of the day, the job that they can do the best is to advise their clients, help their clients, help them make better decisions, and be that partner, with them, rather than needing to be stuck in all the manual work needed to get to that actual real value add at the end of the day."

Shifting Roles and Skills: The introduction of AI in accounting will shift the focus from data entry and basic tasks to more analytical and advisory roles, making the profession more appealing to new graduates.

Addressing Trust Issues: While AI will make mistakes, just like human employees, it is essential to implement systems to catch errors and continuously improve AI performance through feedback and iteration.

Learn more at qflow.ai/future-finance

Follow Mitchell:

LinkedIn: https://www.linkedin.com/in/mitchelltroyanovsky/

Website: https://www.getbasis.ai/

Follow Glenn:

Follow Paul:

Follow QFlow.AI:

Website: https://qflow.ai/future-finance

In today's episode:

[01:32] Introduction

[06:35] Real-world applications of ChatGPT 4.0 in financial analysis

[08:50] Evolution of AI models and their impact on specialized financial tools

[11:23] Guest’s background

[13:43] Overview of Basis and the need for AI in accounting

[17:10] Differences between rule-based systems and generative AI

[20:22] How AI handles accounting workflows

[26:42] Addressing fears and trust issues with AI in accounting

[33:11] Fun rapid-fire Session

[37:40] Contact information for more learning opportunities

Leveraging Data Insights For Smarter Business Decision Making with Jim Cook and Winnie Aoieong

Thu, 23 May 2024 03:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

The title sponsor for this week’s episode of FP&A Tomorrow is the Third Generation FP&A Tools Showcase. Join the Showcase and see the latest technology in FP&A planning software. Register for free today: https://www.accelevents.com/e/fpatoolsshowcase

In today’s episode, Paul engages in a thought-provoking conversation with the awesome Jim Cook and Winnie Aoieong, for a fascinating discussion on the importance of decision-making systems, the value of trust in business partnerships, and the role of generative AI in modern FP&A.

Jim Cook, former CFO of Mozilla with a rich history at Netflix and Intuit, shares his valuable insights on effective decision-making systems and the power of community building.

Winnie Aoieong, VP of Business Finance at PowerSchool, discusses her experience in scaling financial operations and the critical balance of technical skills and business communication.

Key takeaways from this week's episode include: :

Here is a concise summary of the key points from the discussion:

Great FP&A goes beyond data analysis to create effective decision-making systems, allowing businesses to make strategic decisions based on comprehensive insights.

Building strong, trust-based relationships with business partners is essential for effective collaboration and achieving organizational goals.

Discussion on harnessing the power of community and crowdsourcing can significantly enhance problem-solving and innovation within an organization.

How to balance technical skills with effective communication is crucial for translating complex financial data into actionable business strategies.

Adaptability to embrace a mindset of continuous improvement and learning from failures. Progress over perfection drives long-term success.

Utilization of generative AI for tasks like meeting summaries and action item tracking can enhance efficiency and focus on high-value activities.

Leadership development within the team and creating a safe environment for challenging assumptions encourages innovation and growth.

Quotes:

Here are a few relevant quotes from the episode about the importance of decision-making systems, building trust in business partnerships, and the role of generative AI in enhancing FP&A efficiency:

"Great FP&A is the balance of technical skills and translating that into actionable plans to communicate with the business."

"Ultimately what they're trying to do is partner with their department business unit and create excellent decision-making systems because that's what our data is eventually doing."

"A relationship builds on trust. So trust comes from your capacity, your capabilities, but also your way of wanting to build that alliance with whoever you work with."

"Mozilla taught me about how powerful communities are. Communities always win."

"Perfection is a prison. It's about always progressing and improving because there is always room to get better."

Follow Jim:

LinkedIn - https://www.linkedin.com/in/cookflix

Website- https://www.benchboard.com

Follow Winnie:

LinkedIn - https://www.linkedin.com/in/winnie-aoieong-6852212

Website- https://www.powerschool.com

Follow Paul:

Website - https://www.thefpandaguy.com

LinkedIn -https://www.linkedin.com/in/thefpandaguy

In today's episode:

[00:05] Introduction

[01:20] Guest’s background

[01:28] What Does Great FP&A Look Like?

[02:13] Evolution of FP&A

[02:45] Future of FP&A

[10:30] Scaling a Company

[12:00] Leadership Changes

[16:00] Role of Finance in Business

[21:32] Systems and Chart of Accounts

[29:40] Safe Space for Innovation

[40:52] FP&A Tools and Generative AI

[42:00] Rapid Fire Questions

[49:20] Get to Know Our Guests Personally

Unlocking Financial Model Secrets and Advanced Techniques with Stephen Aldridge

Tue, 21 May 2024 03:00:00 -0600

Welcome to the Financial Modeler's Corner (FMC), where we discuss the Art and Science of Financial Modeling with your host Paul Barnhurst.

Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally.

In today’s episode, Paul engages in a conversation with Stephen Aldridge, to discuss developing and implementing Financial Modeling standards and best practices, including insights from his work on the Financial Modelling Code. This conversation is packed with practical advice and fascinating anecdotes.

Stephen, the founder of Numeritas, has over 20 years of experience in Financial Modeling. Stephen has worked with and for top firms like KPMG and Deloitte. With a background in engineering, sales, and corporate management, he offers a unique perspective on Financial Modeling standards and best practices.

Key takeaways from this week's episode include:

Standards in Financial Modeling ensure consistency and reliability in financial models. Having an agreed-upon approach within a firm allows for seamless transitions when different individuals work on the same model, promoting accuracy and ease of understanding.

Financial modeling involves various acceptable methodologies, making consensus on best practices challenging. Flexible guidelines, like the Financial Modeling Code, help streamline processes and ensure consistency across different approaches.

Prototyping in Financial Modeling bridges the gap between modelers and users by creating early mock-ups of input areas. This approach ensures the model meets user expectations and captures necessary inputs accurately, saving time and resources in the long run.

Human factors, such as biases and assumptions, significantly impact financial modeling. Effective communication and understanding stakeholder interactions are crucial for creating accurate and practical models.

In implementing Modeling Standards, Firms should adapt modeling standards to their specific needs with a focus on basic principles like avoiding hard coding and maintaining consistency to enhance model quality and reliability.

Quotes: 

Here are a few relevant quotes from the episode on financial analysis and modeling:

“I suppose a few things within a firm, you probably want a house style, at least an agreed approach, so that if somebody else picks up the model, has to work on it or somebody leaves, then you've got continuity.”

“Prototyping helps the user to see what they like to get. If they think, oh no, this isn't what I would imagine, what about these things then? You're getting all that out in the open before you start coding.”

“It's very important to think about the human aspect of modeling and what goes around it as well, and the assumptions we make and the bias that can creep in and all these sorts of things.”

“Keep the user at the center of everything you do, keep them at the center of your thinking, and that way you'll produce a model that's much easier to use, and likely to have a longer life.”

Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit. 

View and download the Financial Modeling Code at financial-modelling-code.ashx (icaew.com)

Follow Stephen:

LinkedIn - https://www.linkedin.com/in/stephenaldridge/
Website - https://numeritas.co.uk/

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
TikTok - https://www.tiktok.com/@thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true

Newsletter- Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode: 

(00:50) Introduction

(01:40) Guest Introduction

(01:45) Horrifying Financial Models

(04:10) Approach to Financial Modeling

(05:25) Guest's Background and Career Journey

(08:20) Developing Modeling Standards

(15:09) Divergent Views and Common Agreements

(18:15) Best Practices and Lessons Learned

(24:30) Importance of Prototyping

(28:00) Most Enjoyable Modeling Project

(30:30) Joking on Big Numbers

(33:20) Rapid-Fire Question Round

(44:20) Guest's Advice for Aspiring Financial Modelers

(44:47) Guest's Contact Information

Harnessing FP&A For Enhanced Business Growth & Success with Julian Castelli

Thu, 16 May 2024 03:00:00 -0600

In today’s episode, Paul engages in an insightful interaction with Julian Castelli, for a discussion about the transformative role of FP&A and evolution from basic finance to a strategic role influencing business decisions and investor relations, highlighting his leadership experiences and the importance of core values.

Julian is currently serving as a board director and board chair. With experience as a board director and operating partner many times over, Julian assists SaaS and Marketplace technology companies in areas like strategy, team development, growth execution, fundraising, executive coaching, and board governance. He began his career in investment banking at Goldman Sachs and later worked as a consultant at McKinsey & Company.

Key takeaways from this week's episode include: :

Here is a concise summary of the key points from the discussion:

The competitive dynamics and funding needs of marketplace and SaaS (Software as a Service) businesses. SaaS businesses can be more capital efficient and have multiple successful players compared to winner-take-most marketplaces.

The transformative power of adhering to and actively promoting company values, even in crisis, which can galvanize a team and reinforce commitment to the organization's mission and customer service.

Growth-stage companies need sophisticated FP&A to meet investor expectations and aid decision-making. FP&A should influence a company's financial and strategic decisions, not just report on them.

Promoting company values strengthens internal culture and aligns team actions with the organization's mission. Companies must evolve from managing daily finances to integrating broad strategic financial planning.

How skills from varied roles like investment banking and consulting can enhance FP&A effectiveness. Exposure to various business aspects through FP&A provides a strong foundation for leadership roles.

The discussion highlights the necessity of presenting financials in a way that aligns with investor expectations, which is often different from traditional accounting reports.

The title sponsor for this week’s episode of FP&A Tomorrow is the Plan Buddies. Join Plan Buddies. Plan Buddies, where professionals meet excellence. This isn't just any community. It is a community run by and for planning professionals. At Plan Buddies we’re all about fostering connections, sharing knowledge, and providing mentorship among FP&A experts. Ready to elevate your career? Visit plan-buddies.com and become a member today. Here's a special treat. Use the promo code the FP&A Guy, that is TheFPandAGuy for an exclusive 25% discount on your first-year membership.

Quotes:

Here are a few relevant quotes from the episode about FP&A's transition from basic finance to a strategic role, the critical importance of financial planning and analysis, and the influence of leadership and core values in navigating business challenges.

"So without FP&A, you can't see what's ahead of you."

"But if you present a P&L like that [Natural Account Line] to an investor, you might end the meeting right there."

"Unfortunately, I'm kind of shocked that the ERPs out there make it so difficult to actually produce financial reporting the way the investors want."

"FP&A is not just a luxury; it's essential as you scale and begin dealing with institutional investors."

Follow Julian:

LinkedIn - https://www.linkedin.com/in/juliancastelli1

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy

In today's episode:

[01:16] Introduction

[03:20] Guest’s background

[05:50] How did previous experiences prepare Julian for FP&A expertise

[08:35] Turning critical information into actionable reporting

[11:05] How the value of FP&A goes beyond controller or bookkeeping

[28:20] Guest’s view about the evolution of FP&A

[30:22] Interesting facts and differences between SaaS and Marketplace

[41:49] Guest’s career journey and previous experiences

[48:27] Upcoming event promotion

[49:56] Rapid-fire session

[52:24] Guest’s personal insights.

[55:27] Advice for being a better business partner

[57:27] Conclusion

Discovering New Dimensions In Accounting with Sasha Orloff

Wed, 15 May 2024 06:00:00 -0600

Haiku:

Finance takes new shape,

AI-driven transformation,

Shaping the future.

How generative AI is seamlessly integrating into everyday software, automating tasks and delivering data-driven insights.
The rise of "AI agents" in 2024 - advanced systems designed to autonomously process complex problems and provide tailored solutions.
Sasha's visionary project, Puzzle, modernizing accounting software with real-time, flexible financial data processing.
The transformative potential of blockchain technology to enhance transparency and traceability of financial transactions.
The future of finance reimagined through AI and predictive analytics, empowering more precise forecasting and strategic decision-making.

Sasha shares his insightful perspective:

"I'm building Puzzle, which is modern accounting software for growing companies."

"We may not yet be at a point where AI is going to take our jobs, but the future will be divided into two camps: people who use AI and those who don't. One of these groups is going to be left behind."

Follow the Conversation:

Glenn Hopper (LinkedIn: https://www.linkedin.com/in/gbhopperiii)
Paul Barnhurst (LinkedIn: https://www.linkedin.com/in/thefpandaguy)
Sasha Orloff (LinkedIn: https://www.linkedin.com/in/saor/)
Puzzle (LinkedIn: https://www.linkedin.com/company/puzzlefin, Website: https://puzzle.io)

Learn more at Qflow.ai/future-finance

In today's episode:

[01:53] Introduction

[03:34] The latest phase of AI revolution

[04:51] Pros and cons of chatbots and the rise and evolution of AI agents

[09:17] Recent updates about AI

[13:52] Guest’s background

[15:30] Insights from guest’s career

[17:51] Introduction of Puzzle and future of general ledger in accounting

[25:12] How blockchain can be an effective tool for accounting

[30:24] How AI and predictive analytics can change finance in upcoming years

[34:34] Democratization of data science and various uses of machine learning

[39:05] Lighting Round Questions!

Welcome to Future Finance - Subscribe Now!

Mon, 13 May 2024 05:15:00 -0600

New show coming soon...

How FP&A Expertise Paves the Way for Becoming a Chief of Staff with Trevor Anthony

Thu, 09 May 2024 03:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In today’s episode, Paul Barnhurst engages Trevor Anthony, for a fascinating discussion on the evolution of financial planning and analysis (FP&A) and how artificial intelligence (AI) is shaping its future.

Trevor, a seasoned Chief of Staff at FranConnect, excels in transforming FP&A roles into powerful business partnerships that drive organizational success. With a rich background in private equity-backed software companies, Trevor is known for his expertise in creating simple and impactful financial models, he simplifies complex financial data into actionable intelligence.

Key takeaways from this week's episode include: :

Here is a concise summary of the key points from the discussion:

How AI could significantly reduce costs and streamline operational processes, positioning FP&A to be more efficient and strategically integral to businesses.

The importance of mastering the skill of creating clean and straightforward financial models for FP&A professionals. By prioritizing simplicity and clarity, these models become crucial tools for delivering precise financial data for business insights.

The value of experience, mentorship, and strategic thinking in the evolution of FP&A professionals. It stresses how these elements help transition from traditional analytical roles to more influential positions.

How private equity (PE) impacts FP&A operations, setting high expectations for teams to act as the definitive source of truth within companies.

The discussion highlights how PE firms demand thorough, detailed financial reporting and forecasts, reflecting their reliance on FP&A teams to provide thorough insights and accurate analysis to guide investment decisions and business strategies.

The discussion also highlights the anticipation of a future where AI not only supports but enhances the FP&A functions across various industries.

Quotes:

Here are a few relevant quotes from the episode about the strategic thinking around technology investment, the value of networking, the importance of responsiveness in professional settings, and the encouragement for community engagement:

"The best FP&A groups, I've seen, have solidified themselves as a mission-critical function, not just to check the box type of group."

"First and foremost, keep it simple. I think in the sales process, they demo flashy things... focus on what the tool does."

"The beginning of what I'd call a business partnering relationship was when I'd sit down with the business owner and have to intimately understand their business and their financials."

“Dealing with ambiguity, especially when you're working with senior leaders, they constantly vaguely describe things. You, as a professional, need to understand what that means.”

“If you're like a traditional corporate FP&A person or you're just a data analyst, find those opportunities."

Follow Trevor:

LinkedIn - https://www.linkedin.com/in/trevoranthony
Website - https://www.franconnect.com

Follow Paul:

Website - https://www.thefpandaguy.com
LinkedIn - https://www.linkedin.com/in/thefpandaguy

Financial Modeling Techniques for Global FP&A Success with Carolina Lago

Tue, 07 May 2024 03:00:00 -0600

Welcome to the Financial Modeler's Corner (FMC), where we discuss the art and science of financial modeling with your host Paul Barnhurst.

Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally.

In today’s episode, Paul engages in an interaction with Carolina Lago and discusses the essential tips for transforming data into actionable insights and the strategic approach to avoiding common modeling pitfalls. This discussion offers valuable wisdom that will enhance your analytical skills and financial acumen.

Carolina, a seasoned FP&A professional with over 15 years of international experience, shares profound insights from her extensive career, including her role in a significant IPO and leading software implementation across global departments.

Key takeaways from this week's episode include:

An early career encounter with a poorly designed financial model, filled with hard-coded numbers, underscores the necessity for creating flexible and dynamic financial models that can adapt to changing business needs.

The discussion highlights the critical need to avoid hardcoded data and external links in financial models, which can lead to rigidity and errors.

Insights from the financial modeling newsletter and courses show a wide range of professionals benefiting, from newcomers to seasoned directors. This variety demonstrates the widespread need for improved modeling skills.

The discussion focuses on the importance of transforming data into actionable insights. It's stressed that without the ability to analyze and interpret data effectively, its value is minimal.

The conversation sheds light on techniques for deriving actionable insights from complex data, crucial for any financial modeler. It also discusses the value of formal certifications like the Advanced Financial Modeler Certification as tools for professional development and skill validation.

Quotes: 

Here are a few relevant quotes from the episode on financial analysis and modeling:

“I inherited one, and I had to try to change it. I spent probably a couple of weeks trying to make it better, and I couldn't. It was just too full of hardcoded numbers and I had to find everything the way around and no design at all.”

“The first thing I learned about financial modeling was not to use hard codes and don't link outside of the spreadsheet.”

“Data is only useful if it can be transformed into actionable insights.”

“The TACTIC is (Targets, Assets, Calculations, Tools, Insights, and Correlations.) You start with the target which is the question that you need to answer with that financial model.”

“That's why I like financial modeling so much because it can transform data into something. So you can make decisions on top of that data.”

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register. 

Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit. 

Follow Carolina:

LinkedIn - https://www.linkedin.com/in/s-carolinalago
Website - https://www.tacticfinancial.com

Follow Paul:

Website - https://www.thefpandaguy.com  
LinkedIn - https://www.linkedin.com/in/thefpandaguy 
TikTok - https://www.tiktok.com/@thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode: 

(00:04) Introduction

(00:50) Guest Introduction

(01:00) Horrifying Financial Models

(02:00) Insights from Guest’s Early Career Challenges

(03:10) Guest’s Career Journey and Global Experience

(05:00) Turning Data into Actionable Insights

(07:30) Introduction of the Tactic Framework

(09:50) Audience Engagement and Learning Opportunities

(20:00) Certification and Continuing Education

(22:40) Rapid-Fire Round

(24:50) Advice for Aspiring Financial Modelers

(26:00) Contact information to learn more about various modeling techniques and tools.

Evolution of FP&A and Insights on Wharton Online Program With Christian Wattig

Thu, 02 May 2024 03:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

The title sponsor for this week’s episode of FP&A Tomorrow is Wharton Online, one of the world's leading business schools. The gateway to mastering financial planning and analysis through a rigorous, comprehensive curriculum crafted by industry experts is only a click away- https://wallstreetprep.wharton.upenn.edu

In today’s episode, Paul Barnhurst engages Christian Wattig on the journey into the evolving world of financial planning and analysis.

Christian Wattig, a seasoned FP&A professional and educator. As the program director for the Wharton Online and Wall Street Prep FP&A Certificate, Christian brings a wealth of experience and innovative strategies to the table. He shares how AI and technology are transforming the field.

Key takeaways from this week's episode include: :

Here is a concise summary of the key points from the discussion:

How excellent FP&A practice hinges on making solid business recommendations from detailed analysis and storytelling, emphasizing the importance of implementing and monitoring these recommendations for impactful outcomes.

The discussion is on how AI and new planning tools are revolutionizing FP&A by streamlining data collection and reporting, thus allowing analysts to concentrate more on strategic analysis and business partnerships.

Insights into a career that transitioned from major corporations to spearheading an FP&A education venture, sharing valuable lessons from varied professional experiences.

Introduction to a new certificate program that merges technical FP&A skills with interpersonal development, designed to equip professionals with comprehensive financial planning and analysis expertise.

The discussion highlights the importance of digging beyond the surface of financial data to find actionable insights and the art of crafting these insights into stories that drive strategic business decisions.

The reflection on the personal gratification from teaching and mentoring in FP&A, and anticipation of the future developments in the field as technology and analytical methods advance.

Quotes:

Here are a few relevant quotes from the episode about FP&A skills and making concrete, impactful business recommendations:

"FP&A is at its best when you make a concrete recommendation that helps the business move forward."

"With AI and not just with AI, but also with FP&A and planning tools and software, it will be possible that you don't have to pull data from lots of different sources."

"When you're just taking people and walking them step by step through how I build a financial model from scratch, it's a different way of teaching."

“Give them those metrics, those insights, or you can get them something that gets them at least halfway there. By doing that, you can demonstrate that you want to do more than just cutting budgets and updating forecasts.”

Follow Christian:

LinkedIn - https://www.linkedin.com/in/christian-wattig/
Website - https://wallstreetprep.wharton.upenn.edu/

Follow Paul:

Website - https://www.thefpandaguy.com
LinkedIn -https://www.linkedin.com/in/thefpandaguy

From CFO to Fractional Leadership Navigating AI and Financial Growth with Tom Schultz

Mon, 29 Apr 2024 03:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In today’s episode with Tom Schultz, Paul had an insightful conversation about the evolving landscape of financial planning and analysis (FP&A) and its implications for fractional CFOs.

Tom Schultz, founder and CFO of NextGen CFO, sheds light on the crucial skills behind successful financial analysis and the evolving role of technology in finance. From his extensive experience, Tom shares invaluable insights into transitioning from traditional FP&A roles to becoming a sought-after fractional CFO.

Key takeaways from this week's episode include: :

Here is a concise summary of the key points from the discussion:

Professionals in financial planning and analysis are tasked with translating real-world events into financial data, forecasting, and modeling these numbers to plan for future outcomes strategically.
The discussion concerns how advancements like AI and prebuilt dashboards might impact the depth of learning traditionally required in FP&A roles. Integrating new technologies poses challenges and opportunities for professionals in the field.
The evolution of a career in finance, emphasizing the shift towards providing strategic fractional CFO consultancy.
With the increasing demand for fractional CFOs, there's a spotlight on the advantageous position of FP&A professionals looking to transition into these roles.
The intent is to offer a comprehensive resource for those interested in the niche, inspired by numerous informal mentorship interactions.
The strategic adoption of technology in financial practices, highlighting the importance of aligning technology use with client needs and exploring the capabilities of generative AI to streamline writing and documentation processes in finance.

Quotes:

Here are a few relevant quotes from the episode about FP&A and CFO insights:

"A great FP&A person in my mind is someone who knows what's behind the numbers."

"It's more in private companies that are slow to hire a professional CFO. I think if you're out there fundraising and I've seen pre-revenue hire a fractional CFO just because they need navigation for investors."

"The young people coming into this profession, I'm concerned that they'll take that stuff for granted and learn down to the root that we learned."

"If you look at the CFO in the finance department, the controller and everyone below them tend to look backward in history. The CFO tends to look forward, so the FP&A person is more forward-looking than anyone else in the finance department."

Join Plan Buddies

Plan Buddies, where professionals meet excellence. This isn't just any community. It is a community run by and for planning professionals. At Plan Buddies were all about fostering connections, sharing knowledge, and providing mentorship among FP&A experts. Ready to elevate your career? Visit plan-buddies.com and become a member today. Here's a special treat. Use the promo code "TheFPandAGuy", that is the FP&A Guy for an exclusive 25% discount on your first-year membership.

Follow Tom:   

LinkedIn - https://www.linkedin.com/in/tom-schultz-5926815
Website - https://www.nextgencfo.com

Follow Paul:

Website - https://www.thefpandaguy.com
LinkedIn - https://www.linkedin.com/in/thefpandaguy

The Influence Of FP&A On Business Decision Making with Jon Laudie

Thu, 25 Apr 2024 03:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In today’s episode, Paul sits down with Jon Laudie, to discuss integrating FP&A into strategic planning and decision-making across businesses.

With Jon Laudie, CFO at Zerorez, plunge into Financial Planning & Analysis (FP&A) and learn from Jon's rich experience and strategic insights. From his initial roles in investment banking to his current position as CFO, Jon shares his valuable lessons.

Key takeaways from this week's episode include:

Here is a concise summary of the key points from the discussion:

The transition challenges and learnings involved in moving to a CFO position, including dealing with complex financial operations and integrating multiple acquisitions.

FP&A functions are evolving to become more aligned with strategic finance, significantly enhancing their impact on business decision-making.

Emerging technologies are streamlining FP&A processes, making them more efficient and reducing reliance on manual tasks.

Strategies for FP&A professionals to become more strategic and operationally focused are discussed, including building relationships outside of finance and understanding the broader business context.

Quotes:

Here are a few relevant quotes from the episode about FP&A and CFO insights:

“I think great FP&A in my mind is a function that is deeply integrated into the strategic planning and the decision-making of any organization.”

“We still come across things that surprise us, like, 'Oh, we didn't realize how this is or this contract existed.”

Follow Jon:   

LinkedIn - https://www.linkedin.com/in/jonlaudie
Website - https://www.zerorez.com

Follow Paul:

Website - https://www.thefpandaguy.com
LinkedIn - https://www.linkedin.com/in/thefpandaguy

Embracing Skepticism To Enhance Financial Modeling Techniques With Geoff Robinson

Tue, 23 Apr 2024 03:00:00 -0600

Welcome to the Financial Modeler's Corner (FMC), where we discuss the art and science of financial modeling with your host Paul Barnhurst.

Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally. https://www.abacum.io

In today’s episode, Paul engages in a conversation with Geoff Robinson, to discuss the financial modeling world, blending technical skills with behavioral economics to enhance decision-making in finance.

Geoff Robinson, founder of TheInvestmentAnalyst.com and seasoned financial modeler with a rich background in investment banking and education, notably as a former managing director at UBS.

Key takeaways from this week's episode include:

An unconventional entry into investment banking at 43, highlighting how the background in education enriches the approach to financial analysis and modeling, emphasizing the crossover skills between teaching and financial analysis. This highlights how teaching skills are transferable and beneficial in the financial analysis and modeling sectors.
An anecdote about a significant error in a financial model, which failed to detect a $29 billion discrepancy, underscoring the critical importance of rigorous validation and diagnostic checks in financial modeling.
In the role of behavioral factors in financial modeling, adopting a stance of professional skepticism and the need for understanding and questioning the assumptions underlying a model before trusting its output.
For simplicity and planning in financial modeling, the most effective models are those that are straightforward, well-planned, and can communicate complex financial insights in an accessible manner.
Strategies for mitigating bias, such as incorporating different perspectives and rigorous testing of hypotheses, as the influence of cognitive biases on financial modeling to enhance the reliability of financial models.

Quotes:

Here are a few relevant quotes from the episode on financial analysis and modeling:

"The diagnostic on this model was said if total assets equal total liabilities and equity, okay. So no matter what happened, your balance sheet, even if it was mashed up, the diagnostics said it was fine and when you went into the detail, there was a $29 billion hole in that balance sheet."

"Financial models are a real kind of insight and window into the personality of the modeler. You can see how they think, you can see how they overcomplicate things. You can see if they're sloppy."

“Models are question-asking tools. One of your questions was is it a primary decision maker, a financial model? I don't think models are decision-makers. I think models are the way you test a hypothesis.”

"I suppose the blunt thing to say is don't trust anything until you understand it."

Follow Geoff:

LinkedIn - https://www.linkedin.com/in/geofftheinvestmentanalyst

Website - https://theinvestmentanalyst.com

Follow Paul:

Website - https://www.thefpandaguy.com

LinkedIn - https://www.linkedin.com/in/thefpandaguy

For an experienced-based approach to financial modeling, emphasizing skepticism, the effective communication of complex financial data, and the intersection of analytical rigor, educational techniques, and behavioral economics, visit FMI at www.fminstitute.com/podcast and use code ‘Podcast’ to save 15% when you register. Contact Paul Barnhurst for further details.

In today’s episode:

(01:58) Introduction

(02:44) Guest Introduction

(03:00) Horrifying Financial Models

(04:01) Joking on Big Numbers

(04:24) Approach to Financial Modeling

(05:14) Behavioral Insights in Modeling

(05:56) Best Practices and Lessons Learned

(42:40) Rapid-Fire Question Round

(47.09) Guest's advice for aspiring financial modelers

(47.38) Contact information to learn more about various modeling techniques and tools

Achieving FP&A Excellence in Rapidly Expanding Enterprises with Richard Tame

Thu, 18 Apr 2024 03:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

In today’s episode, Paul engages in a conversation with Richard Tame, to discuss the essential elements that define excellent financial planning and analysis.

Richard, CFO of Coeus Institute, with over 25-plus years of experience in finance across various sectors, including his significant role at Aurora, brings a wealth of knowledge and a unique perspective to the evolving landscape of FP&A.

Key takeaways from this week's episode include: :

Here is a concise summary of the key points from the discussion:

FP&A is rooted in having the right team. The focus is on hiring the right people with the necessary skills and ensuring they work well together.
FP&A teams are not just about number crunching, they should also influence business decisions. The ability of FP&A to be involved in strategic discussions varies by company culture, from being central to decision-making to being viewed as a back-office function.
FP&A professionals adapt their strategies to fit the culture of the company, whether it's a traditional corporation or a fast-paced tech startup.
It is important to prepare an organization structurally and financially for potential public offerings or other major corporate transitions.

Quotes:

Here are a few relevant quotes from the episode about FP&A mastery:

"I've been in companies whereby finance has a really strong seat at the table and you know, you can't blow your nose unless finance is holding the handkerchief. Then I've been in companies where finance is seen as an inconvenience at best."

"You have to make the relationships not about you. You're there to partner with the business, and invariably the business knows more about the business. You need to have a relationship such that you can influence them. You're serving them."

We had built the company in a way that we would have expected to go public at some point, and one of the things that I'd seen at Lyft, for example, I joined Lyft the day after the IPO, and it became clear that perhaps they hadn't built the infrastructure in the way that they could of to make life easier and that was very messy."

Follow Richard:   

LinkedIn - https://www.linkedin.com/in/richardtame
Website - https://coeus.institute

Follow Paul:

Website - https://www.thefpandaguy.com
LinkedIn - https://www.linkedin.com/in/thefpandaguy

Future-Proof Your FP&A Career with Carl Seidman

Thu, 11 Apr 2024 03:00:00 -0600

Welcome to FP&A Tomorrow, where we discuss financial planning and analysis, examining its current state and future prospects, with your host Paul Barnhurst.

Key takeaways from this week's episode include: :

Here is a concise summary of the key points from the discussion:

In FP&A, the ability to distill complex information into a concise, impactful message is paramount. It's not about how much you know, but what you can communicate effectively.

The ability to distill complex information into a concise, impactful message is paramount. It's not about how much you know, but what you can communicate effectively.

FP&A isn't just about numbers, it's about storytelling with data, painting a vivid picture of the financial landscape that guides strategic decisions and drives organizational success

Anticipating potential disruptions or changes in the business environment is a fundamental aspect of FP&A. By identifying risks and developing strategies to mitigate them, FP&A professionals can help the organization stay ahead and adapt effectively.

Quotes: :

Here are a few relevant quotes from the episode about FP&A and product working together effectively:

"I think that Great FP&A looks like a team of people who are equipped, from a technical standpoint, to be able to execute the kinds of requests that are being asked of them."

Follow Carl:   

LinkedIn - https://www.linkedin.com/in/carlseidman

Website - https://seidmanfinancial.com

Follow Paul:

Website - https://www.thefpandaguy.com

LinkedIn - https://www.linkedin.com/in/thefpandaguy

How Simplicity In Financial Modeling Enhances Decision Making

Tue, 09 Apr 2024 03:00:00 -0600

Welcome to the Financial Modeler's Corner (FMC), where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally.

In today’s episode, Paul engages in a conversation with Scott Rostan, Founder of Training The Street.

Scott found his passion for finance with his dedication to teaching and has been driving innovation in financial training ever since. As CEO of Training The Street and as an adjunct professor at UNC Kenan-Flagler Business School, he inspires the next generation of finance professionals

Through his leadership as CEO of Training The Street, Scott has reshaped the landscape of financial education, equipping individuals with the skills and knowledge needed to thrive.

In this episode, expect to learn:

The significance of technical skills, such as financial modeling, accounting, and Excel proficiency, in the finance industry
How specialized training programs can help individuals enhance their financial knowledge and technical abilities
The evolving role of AI in finance and how it complements human expertise rather than replacing it
The balance between technical proficiency and interpersonal skills to excel in their careers
How individuals can build trust with clients, colleagues, and stakeholders, ultimately contributing to the integrity and credibility of the finance profession.

Quotes: 

“It's really easy to start throwing stuff together and writing a nasty old nested if formula or whatever it might be, but that doesn't always mean it's clean or effective or meets those requirements we talk about.”

“And when you get good with the prompt engineering typing, questions, and answers, you can get a lot more productive and faster.”

“It's not ideal because circular references can make your model more complex and harder to understand, but in certain situations, they're necessary for accuracy.”

“If you just blindly took the financial information from this database, it could be off by a big factor. So again understanding what's going on, understanding the nuance, understanding the limitations is going to be much more valuable.”

“They're going to trust you and value you to distill what's important and then present it in an easy-to-digest way so that they can understand in simple terms what is happening. The analysis comes from the model, but the story is going to come from you.”

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register. 

Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit. 

Follow Scott:   

LinkedIn - https://www.linkedin.com/in/scott-rostan-86b44417a
Website - https://trainingthestreet.com/

Follow Paul:

Website - https://www.thefpandaguy.com/  
LinkedIn - https://www.linkedin.com/in/thefpandaguy/ 
TikTok - https://www.tiktok.com/@thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode: 

[00:45] Introduction;

[01:00] Scott’s horror story of the worst Financial Model;

[01:58] The KISS principle;

[03:53] Scott’s background;

[05:56] Key projects that helped Scott;

[19:17] Training the Street courses;

[21:02] How is AI changing modeling;

[28:59] Skills required for a great modeler;

[42:50] Scott’s favorite Excel shortcut;

[44:18] Rapid fire;

[48:55] Scptt’s final piece of advice;

Strategies For Effective Partnership Between Product and Finance

Thu, 04 Apr 2024 09:00:00 -0600

Welcome to this episode of FP&A Tomorrow, a podcast where we explore the currency state of financial planning and analysis (FP&A) and the future of business operations. Hosted by Paul Barnhurst, also known as the FP&A Guy, this episode is sponsored by Abacum, the leading mid-market FP&A solution.

This week, we're diving into the crucial relationship between FP&A and product management, featuring insights from three distinguished guests: Dara Goroff, Navya Rehani Gupta, and Urvi Kapadia.

This special episode focuses on the synergy between FP&A and product management, addressing the essential qualities of a fruitful partnership that drives business growth and product success.

A little about our guests:

Dara Goroff: Specializes in product management within the automotive space, currently leading initiatives at I-CAR to standardize collision repair education.

Navya Rehani Gupta: Chief Product Officer at Peek, with a rich background in engineering, finance, and high-growth startups.

Urvi Kapadia: FP&A Manager at Netdocuments, bringing an accounting perspective to tech and product finance, with experience in various industries including manufacturing.

Expect to Learn:

The Art of Possibility: Understanding how FP&A can support product management through the lens of future potential, not just immediate financials.
Customer-Centric Financial Planning: The importance of FP&A professionals familiarizing themselves with customer needs and product value propositions.
Strategic Alignment and Empathy: Both teams striving for mutual understanding and alignment on business objectives to ensure cohesive movement towards shared goals.
Analytical Collaboration: Leveraging analytical skills in both domains to iterate product features and pricing strategies that align with market demands and financial realities.
Early Involvement and Transparency: The significance of involving FP&A in product planning stages for better financial planning and risk management.

This episode promises a comprehensive look into how FP&A and product management can collaborate more effectively, emphasizing strategic alignment, empathy, and a shared vision for the future. Whether you're deeply embedded in FP&A, just beginning your journey, or part of a product team, these insights will guide you in fostering stronger, more productive relationships across these critical business functions.

Some Insightful quotes:

On Strategic Partnership:

“True excellence in FP&A comes from not just understanding the numbers, but from understanding the story behind the numbers. It's about being a strategic partner who can translate data into actionable insights." - This highlights the evolving role of FP&A professionals from number crunchers to strategic advisors who can guide decision-making processes.

On Collaboration with Product Management:

"The magic happens when FP&A and product management see the art of the possible together. It’s not just about balancing the books; it’s about understanding and investing in the future of the product." - This quote encapsulates the importance of collaboration between FP&A and product teams, emphasizing a shared vision for innovation and growth.

On Analytical Prowess:

"An FP&A professional’s strength lies in their ability to see beyond the immediate financials to the broader business implications. It’s about connecting the dots in ways that others haven’t yet seen." - This quote reflects the analytical prowess required in FP&A, highlighting the need to provide insights that drive forward-thinking strategies.

On the Importance of Customer Understanding:

"FP&A isn't just about internal metrics and forecasts; it's about deeply understanding the market and customer needs. Our financial planning must align with delivering value to our customers." - This underscores the necessity for FP&A professionals to have a customer-centric approach, ensuring that financial plans are always aligned with customer value.

On Empathy and Alignment:

"Effective FP&A requires empathy towards the teams we partner with. Understanding their challenges and aligning on common goals is essential for moving the business in the right direction together." - This quote highlights the soft skills needed in FP&A, particularly the importance of empathy and alignment with other departments to achieve shared business objectives.

Abacum is the leading mid-market FP&A solution trusted by hundreds of companies to eliminate the spreadsheet struggle. Visit Abacum.io today and multiply the impact of your finance team.

Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit.

Checkout Our Amazing Guests:

Dara: https://www.linkedin.com/in/dara-goroff-pmp-0228691

Navya: https://www.linkedin.com/in/navyarehani/

Urvi: https://www.linkedin.com/in/urvi-kapadia-fpna/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy/

Welcome to FP&A Tomorrow - Subscribe Now!

Fri, 29 Mar 2024 00:00:00 -0600

FP&A Tomorrow is where we discuss what FP&A looks like today and help shape what it should look like tomorrow by interviewing the best and brightest people in FP&A globally.

Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit.

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy/

Unraveling the Mystery: Roderick Mckinley's Guide to Navigating Tokenomics

Thu, 28 Mar 2024 03:00:00 -0600

In today’s episode, Paul engages in a conversation with Roderick McKinley, blockchain & Tokenomics advisor of Rmckinley.net

Roderick, a crypto expert, discusses financial modeling in the crypto space, highlighting challenges like token volatility and treasury management. He emphasizes aligning incentives for healthy exchanges and discusses his online course on Tokenomics Modeling and fundraising.

Roderick also offers strategic guidance, product development, and Tokenomic design services for various blockchain applications, including DeFi, blockchain games, and Layer 1 protocols. He assists in developing tokenized business models, designing token utilities, and structuring token allocations for successful capital raises.

In this episode, these are your learnings:

Understand the integration of finance and blockchain and Tokenomics and strategic guidance for blockchain projects.
Gain insights into challenges and opportunities in transitioning from traditional finance to the crypto space.
Learn how to navigate complexities like token volatility and incentive alignment in blockchain projects.
Obtain practical tips on developing tokenized business models, designing token utilities, and structuring token allocations for successful fundraising.
Acquire valuable knowledge for navigating the evolving landscape of blockchain and cryptocurrency.

Quotes:

“Financial modeling often has a lot to do with client and industry expectations. What passes as good work or what passes as enough can change very dramatically from country to country and sector to sector.”

“Some of the stuff they teach you is that, well, the world's this way because it can't be any other way. And you pass exams sort of like explaining why it's impossible to fix things but suddenly blockchain technology actually gives you a completely different kind of tool chest that opens that up again.”

“Try and look for the shortest and most efficient way to express your calculations. Try and maximize the speed of your model.”

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.

Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit.

Follow Roderick McKinley:

Linkedin: https://www.linkedin.com/in/roderickmckinley

Website: https://rmckinley.net/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy/

Follow Financial Modeler's Corner

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/

Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

01:10 Introduction

01:55 Rodrick’s horror story

03:55 Rodrick’s background

05:25 Getting stuck on a tropical island

06:08 Rodrick’s love of problem-solving, geeky coding, and number-crunching

11:50 Interview with Boris Johnson

13:17 Definition of token economics

21:39 How do crypto companies manage their treasury?

28:04 Simplifying Tokenomics modeling

30:01 Deciding on tool selection

35:51 Rodrick’s Favorite and Most Valuable Excel Shortcuts

37:25 Rapid fire

42:42 Wrap up

Shaping Business Strategy: Ian Bennett's Insights on What Makes for a Great Financial Modeler

Thu, 14 Mar 2024 03:00:00 -0600

In this episode, Paul is joined by Ian Bennett, Partner, Deals Modelling team at PwC, Australia.

With over 20 years of experience as a professional financial modeler, Ian has constructed and assessed models critical for major transactions, infrastructure projects, and routine forecasting and reporting. Today Ian leads the deal modeling practice for Pwc Australia.

In addition to being a world-class Modeller Ian is incredibly dedicated to diversity, inclusion, and wellbeing (DI&W). This has propelled him through various positions within PwC and beyond. As a proud LGBTIQ+ ally, he serves on the Steering Committee of Shine@PwC, the firm's LGBTIQ+ employee network, and currently holds the role of wellbeing lead for the Financial Advisory business.

In this episode, expect to learn:

Why understanding the stakeholders involved in a project is vital
Why it's essential to listen actively to clients, understand their needs, and ask the right questions
How to analyze the success and effectiveness of the financial modeling process
What are the tools and technologies available in the market
What are the new technologies and methodologies for financial modelers to stay effective and successful in their roles

Quotes:

“You need a desire to understand the power of the things you have in front of you and not be scared.”

“Every model tells a story, and that story is known at the start of the project, and the questions that the model will be able to answer.”

“Models are built for a single primary purpose at the time that they are conceived’

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.

Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit.

Follow Ian Bennett:

Linkedin: https://www.linkedin.com/in/ianrbennett

Website: https://www.pwc.com.au/deals/modelling.html

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy/

Follow Financial Modeler's Corner

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/

Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

00:20: Introduction

01:10: Problem that bettered Ian

03:00: Ian’s insights on financial models

05:18: Ian’s story

07:13: What is MFM and why did Ian pursue it?

08:35: Ian’s experience in the Global Excel Summit

10:49 Why Ian is passionate about financial modeling

11:52: Ian’s favorite industry that he likes to model

13:13: What makes a good financial modeler?

16:49: Things beyond the model that help in a project?

22:05: Approach and methodology

27:00: Tools beyond Excel

34:40: Technical nugget when building new models

36:50: Rapid fire

39:08: Ian’s favorite function

45:00: Ian’s advice to become a better financial modeler

45:36: Wrap up

Mastering SaaS Models: Derek Baker's insights on building robust SaaS models

Thu, 29 Feb 2024 11:06:12 -0600

In this episode, Paul Barnhurst is joined by Derek Baker, who is drawn to really hard problems. Derek discovered early in his career that he loves startups and building companies.

He began his career working for SaaS startups, building out their core FP&A processes. For many of the companies he worked with, he was building their very first financial model to help them operate the business and make capital allocation decisions. He found that every business - regardless of stage - can improve performance with excellent FP&A.

Today, he works at Neighbor.com, a Series B startup, building the “Airbnb” of personal storage. Building the FP&A function for a marketplace has been the biggest challenge of his career, and he is loving every minute of it.

Listen to this episode as Derek shares:

How he got into financial modeling for SaaS companies
His advice for building robust SaaS Models.
The importance of understanding a business to build better Models.
Everything about SaaS and SaaS Companies.
His position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, AI in modeling, and more.

Quotes:

“ The only way you're really going to learn how to build a model is by building it. You can do all the study you want, but at the end of the day, it's like anything, without practice, it's just theory. ”

“ The better you know an industry, the better you know the operations of the business, the easier it is to build a model.”

“ [ What separates good FP &A from great FP & A] I think it's 1- business acumen and 2- business partnering. Anyone can build a model in Excel and can learn those technical skills. But using those technical skills to help the business and partner with the business to help them understand the business better and grow the business is exactly what FP&A should be doing....”

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit https://fminstitute.com/podcast/and use code Podcast to save 15% when you register.

Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.

Follow Derek:

LinkedIn - https://www.linkedin.com/in/derek-d-baker/
Website - https://community.plan-buddies.com/home

Follow Paul:

Website - https://www.thefpandaguy.com/
LinkedIn - https://www.linkedin.com/in/thefpandaguy/
TikTok - https://www.tiktok.com/@thefpandaguy
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true
Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

(00:22) Intro;

(00:45) Welcoming Derek;

(01:00) The worst Financial Model Derek has ever seen ;

(02:00) Key takeaways from the worst Financial Model;

(02:41) Derek’ s background;

(04:41) Experience and Challenges while building the first Financial Model;

(07:20) What Derek thinks was missing from Finance Education in school?;

(10:13) What is it that Derek likes about SaaS and SaaS companies?;

(12:31) Key inputs in SaaS Revenue Models;

(15:08) What is the first tool that SaaS Startups must invest in?;

(16:40 - 17:25) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad ) ;

(17:26) Building a Three Statement Model - SaaS vs other Industries;

(19:00) Building Deferred Revenue;

(21:56) How to get started with building SaaS Models?;

(24:05) How often does Derek use Dynamic Arrays?;

(27:20) One thing that helped Derek in building Financial Models;

(29:20) Technical advice that can help people become better Modelers;

(32:26) Derek’s favorite Excel Shortcut;

(32:58) Rapid Fire;

(36:09) Nugget;

(36:55) Connect with Derek;

(37:21) Outro;

Beyond the Numbers: Lance Rubin's Insights on AI, Power BI, and the Future of Financial Modeling

Thu, 15 Feb 2024 10:00:00 -0600

In this episode, Paul Barnhurst is joined by Lance Rubin, who has a wealth of financial modeling experience including working for PwC & KPMG, Investec Bank Corporate Finance & Advisory, National Australia Bank, and starting his own practice.

Lance spent two decades working for corporations (PwC & KPMG, Investec Bank Corporate Finance & Advisory, National Australia Bank). It was during this time he gained a love of modeling.

Lance was previously the CFO of fin-tech start-up Banjo (SME lender) and Sequel CFO whilst founding Model Citizn, a financial modeling, analytics, and automation consultancy firm following his 20 years in corporate. He has delivered a number of online training workshops in financial modeling and Power BI whilst also being a certified trainer for the FMI and he wrote a large portion of the CA (ANZ) study guide on financial modeling. He was also a judge at the world’s first Financial Modeling Innovation Awards and he presented at the Power BI Global Summit in 2022.

Listen to this episode as Lance shares: 

His learning from the worst models he has come across.
His journey into Financial Modeling and how he fell in love with modeling.
The key to Financial Transformations.
The HACK Framework.
The importance of Power BI and similar tech.
His advice on the use of tools and shortcuts.
His position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, AI in modeling, and more.

Quotes: 

“Financial Transformation is the combination of process, tech, and people. With people being the most important.”

“The HACK Framework (Hygiene, Automation, Capability, Knowledge) allows you to bring technical skills and soft skills. together...You need to develop capability and knowledge and you need to bring that together with hygiene and automation.”

“Data Modeling and Financial Modeling sound the same but are fundamentally quite different.”

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register. 

Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit. 

Follow Lance:   

Website - https://www.modelcitizn.com/
LinkedIn - https://www.linkedin.com/in/financial-modelling/

Follow Paul:

Website - https://www.thefpandaguy.com/  
LinkedIn - https://www.linkedin.com/in/thefpandaguy/ 
TikTok - https://www.tiktok.com/@thefpandaguy 
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner 

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true 
Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode: 

(00:22) Intro;

(00:47) Welcoming Lance;

(01:00) The worst financial model Lance has ever seen;

(05:14) Takeaway from the worst financial model;

(08:02) Lance’s background;

(11:27) Key to Finance Transformation;

(17:37) The Hack Framework;

(18:43 - 19:29) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad);

(19:30) What led to Lance’s love for Modeling?;

(22:38) The most interesting model;

(26:30) Importance of Power BI and similar Tech;

(31:51) AI and Financial Modeling;

(36:10) The learning that saved Lance a lot time while Modeling;

(41:16) Rapid Fire;

(46:58) Connect with Lance;

(48:15) Outro;

Beyond the Classroom: Why Learning Excel is an Investment for your Career

Thu, 01 Feb 2024 11:58:13 -0600

In this episode, we have another special treat for you which is part two of the Financial Modeling World Cup (FMWC) and the Microsoft Excel Collegiate Challenge (MECC). Paul attended modeling competitions in Arizona and Las Vegas watching competitors compete and talking to the commentators, spectators, and faculty, and we have brought you a few of those interviews.

Listen to this episode as :

Andrew Ngai shares how amazing it was to look out at the facility, the HyperX arena in Vegas, and realize that this was his hobby.
The founder of FMWC, Andrew Grigolyunovich talks about how it fulfilled a dream of his to talk about that.
Competitors share why learning Excel is so important for your career.
The students share some of their experiences, favorite Excel formulas, and why they're such big fans of Excel and financial modeling.

Quotes:

“Our slogan is “Learn, Train, Compete” for the Financial Modeling World Cup.”

Andrew Grigolyunovich

"It was the dream come true...that was exactly the moment that the thing that I was dreaming of, probably since back in 2016."

Andrew Grigolyunovich

"You're able to just help each other out. So, yeah, for me, my favorite part was the collaboration, just interacting."

Zach

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.

Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit.

Follow Andrew Ngai :

LinkedIn - https://www.linkedin.com/in/andrewngai

Follow Andrew Grigolyunovich :

LinkedIn - https://www.linkedin.com/in/andrewgrig/

Follow Paul Wagner:

LinkedIn - https://www.linkedin.com/in/phwagner/

Follow Paul:

Website - https://www.thefpandaguy.com/
LinkedIn - https://www.linkedin.com/in/thefpandaguy/
TikTok - https://www.tiktok.com/@thefpandaguy
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true

Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

(00:45) Intro;

(01:34) A clip with Andrew Ngai ;

(02:00) Interview with Andrew Grigolyunovich ;

(11:46) Interview with Paul Wagner ;

(17:12) Interview with Sarah ;

(22:12 - 22:58) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad ) ;

(22:59) Introduction to Students Clips Section ;

(24:30) Interview with Tess Patton and Spencer Angell ;

(39:57) Interview with Kameron ;

(43:56) Interview with Daniel;

(46:37) Interview with Mikayla & Carson ;

(52:20) Clip from the Team of Utah;

(58:43) Outro;

From Campus to Spreadsheet: The Microsoft Excel Collegiate Challenge Journey

Thu, 18 Jan 2024 10:55:31 -0600

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI) the most respected accreditation in Financial Modeling globally.

In this episode, we have a special treat for you with multiple guests who attended the Microsoft Excel Collegiate Challenge (MECC). At the beginning of November, Paul had the opportunity to spend a day at the University of Arizona campus and watch these students compete and talk to commentators, spectators, competitors, and faculty, and we have brought you a few of those interviews.

Listen to this episode as:

Excel MVPs, Oz Du Soleil and Jon Acampora share why they attended the show, what they love about the competition, and the magic of Power Query
The host of this competition, Prof David Brown talks about MECC.
The winner, Patrick Chatain and 3^rd-place finisher Benjamin Weber share their experiences.
Missy and Teresa from Salve Regina University, talk about why they started with Excel as they were building out a data analytics business program.
Craig Hatmaker shares everything about LAMBDA's and 5G modeling components.

Quotes:

“[How does MECC benefit students in the real world] Sometimes we get sponsors to actually write cases that are based on what they do . S o it gives them real-world experience of what they would be doing, which is invaluable w hen you're interviewing for a job . ....... ” - Professor David Brown

“ [Do you feel like you're better in Excel today for having competed] When I started competing, I didn't even know what Lambda, let alone dynamic arrays and all of that was. Now I know most of them and I think those are pretty good functions with pretty good use cases. So I think that made me a much better user in Excel. ” - 3rd Place Finisher Benjamin Weber

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.

Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.

Follow Oz du Soleil :

YouTube - https://www.linkedin.com/in/ozdata/

LinkedIn - https://www.youtube.com/channel/UCZgOVykPoRbSZQfY9YysiRQ

Follow Jon Acampora :

Website - https://www.excelcampus.com/

LinkedIn - https://www.linkedin.com/in/jonacampora

Follow David Brown:

LinkedIn - https://www.linkedin.com/in/dr-david-c-brown/?trk=public_post_feed-actor-name

Follow Craig Hatmaker :

LinkedIn: https://www.linkedin.com/in/craig-hatmaker-4449879/

Website: https://sites.google.com/site/beyondexcel/home
YouTube: https://www.youtube.com/@CraigHatmakerBXL

Building with Fast + 5G- https://www.youtube.com/watch?v=8Zl3yURsvdE&t=1s

Demo using 5G Components-
Intro 5G - Watch an Excel Model do something incredible using 5G methods - YouTube

Gist site to download Craig Hatmakers LAMBDAs for 5G modeling- https://gist.github.com/CHatmaker

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy/

Am I Ok? - https://www.amazon.co.uk/Am-Essential-Questions-Investors-Financial-ebook/dp/B0CKY6XB4K?ref_=ast_author_mpb

Follow Financial Modeler's Corner

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true

Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

(00:43) Intro;

(01:44) Interview with Oz Du Soleil and Jo n A campora ;

(19:51) Everything about MECC with David Brown;

(25:43 - 26:30) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad);

(27:30) Interview with Benjamin Weber ;

(36:34) Interview with Patrick Chat ain ;

(41:28) Interview with Missy and Teresa ;

(48:38) Interview with Craig Hatmaker;

(54:00) Outro.

Precision in Modeling: Sam Sivarajan’s Wisdom on Balancing Art, Science, and Decision-Making

Thu, 04 Jan 2024 10:00:00 -0600

In this episode, Paul Barnhurst is joined by Sam Sivarajan , who is a Speaker, Wealth Management Consultant, Behavioral Scientist, Stoicism Padawan, Fintech Advisor, Podcast Host, Bestselling Author and an Adventurer. He has a law degree, an MBA, a PhD in behavioral science, and has also earned a CFP.

Sam’s work is focused on how we can make better decisions so that we can get to better results – in investing, in leadership, and in our personal lives.

Listen to this episode as Sam shares:

His journey working in Telecom during the tech boom.
Advice on balancing the art and science of Modeling.
His advice on making smart assumptions.
The importance of Decision Making.
How to think critically when building a model and making assumptions.
Everything about his books ‘Making your money work’, ‘Uphill’ and ‘Am I Ok?’
His position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, AI in modeling, and more .

Quotes:

“ Never forget and lose sight of why you're creating the model, and who will use it....... ”

“ In my view, the model is simply a numerical representation of some prior deep-rooted strategic thinking , a nd you're bringing that to bear in that model as a representation . ”

“ A model is a simplification of reality. It isn't reality. And to remember that the model is but one tool in making key decisions. It shouldn't be the be all and end all...... ”

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.

Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.

Uphill - https://www.amazon.co.uk/Uphill-Ancient-Science-Choices-Challenges-ebook/dp/B0BGMJX9VN?ref_=ast_author_dp&dib=eyJ2IjoiMSJ9.fVxD2IJYvz1m0ZgBXJmkb595Ei0TtF8Wjx2TMOwZWzVdTmpjGxlD9-zbKVPzvrFn.gUxmNYfh-t6jXwKbr2EqugQZ4LBWXPOLoX6DrlNEsU0&dib_tag=AUTHOR

Follow Sam:

Website - https://www.samsivarajan.com/

LinkedIn - https://ca.linkedin.com/in/samsivarajan

Podcast - https://www.samsivarajan.com/podcast

Twitter - https://twitter.com/SamSivarajan

Sam’s books:

Making your Money Work - https://www.amazon.co.uk/Making-Your-Money-Work-Financial-ebook/dp/B0B36PDQLX?ref_=ast_author_dp&dib=eyJ2IjoiMSJ9.fVxD2IJYvz1m0ZgBXJmkb595Ei0TtF8Wjx2TMOwZWzVdTmpjGxlD9-zbKVPzvrFn.gUxmNYfh-t6jXwKbr2EqugQZ4LBWXPOLoX6DrlNEsU0&dib_tag=AUTHOR

Follow Financial Modeler's Corner

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true

Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

(00:22) Intro;

(00:45) Welcoming Sam;

(01:01) The worst financial model Sam has ever seen ;

(02:57) Sam’ s background;

(04:22) Sam’s experience at Telecom;

(10:27) How to balance the art of Art and Science of Modeling ;

(12:27) Why is the process often more important than the actual Model? ;

(17:07) Advice on Assumptions;

(21:51) Sam’s technique to get better at Modeling;

(22:30 - 23:15) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad);

(23:21) How people think about making decisions;

(24:35) How to make better decisions;

(27:40) Frameworks that help with Decision Making;

(31:57) Sam’s experience while writing his books - Making your Money Work, Uphill and Am I Ok?;

(34:20) Rapid Fire;

(37:38) Connect with Sam;

(38:17) Sam’s advice on being a successful Modeler;

(39:34) Paul’s Top Picks

- The importance of the Thinking Process

- Validating Assumptions

(41:00) Outro

Exclusive Talk: Dave Hallwood, Giles Male, and Rafaël Le Saux Explore Being a Better Financial Modeler and Financial Modeling Certifications

Thu, 21 Dec 2023 21:22:54 -0600

In this LinkedIn Live, Paul Barnhurst is joined by three amazing Modelers, Dave Hallwood, Giles Male and Rafa ë l Le Saux.

Dave is the Group Finance Director at Aldrich Group Ltd . He is a Chartered Certified Accountant, Commercially minded with a background in Accounting and Business in SMEs

Dave took the AFM last year and the CFM this year.

Giles Male is a co-founder of Full Stack Modeler - an award-winning training program and community for Modelers at every level, with an opportunity to gain Full Stack Modeler accreditation. He will also be taking on a limited number of coaching clients in 2024. Giles took his AFM 2 years ago and is awaiting the result of CFM.

Rafaël Le Saux is a Director and Valuation & Modeling Advisory Lead at PwC Luxembourg / LVPA Board Member. He is passionate about Valuation and Modeling disciplines and has piloted his professional path toward amassing sufficient knowledge to support clients in solving complex valuation problems across different asset classes, industries, and geographies.

Listen to this episode as the guests talk about:

Their experiences in Modeling.
The value of Financial Modeling Accreditation.
How to improve your Financial Modeling skills
Their position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, AI in modeling, and more.

Quotes:

“this job is about people, it's about talking to people, it's about giving them information instead of data”

“One of the really good things about FMI is if you have got both AFM and CFM on your CV, that’s the level of credibility that reflects what you are doing.”

"Simple is hard, complex is easy"

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.

Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.

Follow Dave:

LinkedIn - https://www.linkedin.com/in/david-hallwood-fcca-87270449/

Follow Giles:

LinkedIn - https://www.linkedin.com/in/giles-male-30643b15/
Apply to get Coached - https://fullstackmodeller.typeform.com/to/RezB1GRA

Follow Rafaël:

LinkedIn - https://www.linkedin.com/in/rafael-le-saux/

Follow Paul:

Website - https://www.thefpandaguy.com/
LinkedIn - https://www.linkedin.com/in/thefpandaguy/
TikTok - https://www.tiktok.com/@thefpandaguy
Twitter - https://twitter.com/TheFPandAGuy
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true
Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

(00:22) Intro;

(00:46) Background of the guests - Dave, Giles, Rapha ë l;

(02:36) How did they become interested in building Financial Models?;

(06:40) Rapid Fire;

(14:55) What led these guys to take the FMI?;

(21:45) Why are they a fan of Financial Modeling World Cup?;

(23:36) How FMI helped them professionally?;

(24:45 - 25:30) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad);

(27:18) What makes FMI unique?;

(37:36) When must someone take AFM and CFM?;

(41:03) FMI as a part of regular Graduation;

(46:08) Advice on being a better Financial Modeler;

(49:26) Connect with Dave, Giles and Rapha ë l ;

(50:40) Outro

From Classroom to Certification: Andy Temte's Unique Perspective on Financial Modeling

Thu, 07 Dec 2023 12:37:12 -0600

In this episode, Paul Barnhurst is joined by Dr. Andy Temte .

Dr. Andrew Temte, CFA, is the former CEO of Kaplan Professional and author of “Balancing Act: Teach, Coach, Mentor, Inspire,” and "The Balanced Business: Building Organizational Trust and Accountability through Smooth Workflows." He is also a board member and senior advisor at the FMI.

A thought leader on financial education and issues related to organizational health, continuous improvement, and workforce re-skilling, his articles have appeared in a number of media outlets, including Chief Executive and Chief Learning Officer.

This blend of higher education and professional education experience gives Dr. Temte a unique perspective when it comes to financial education and financial modeling

Listen to this episode as Andy shares:

His learning from the worst models he has come across.
His experience reviewing financial models for acquisitions.
His experience as a Member of the Board of FMI.
The value of Financial Modeling Accreditation.
Why he wrote his book ‘The Balancing Act’.
His position on controversial modeling issues.

Quotes:

“FMI is one of the only institutes that’s delivering a truly experiential credentialing process.”

“At the end of the day, modeling is about communication because you're helping communicate insights, derived from data and assumptions to drive behavior or changes or decisions. And so it's all about communicating.”

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.

Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.

Follow Andy Temte:

LinkedIn - https://www.linkedin.com/in/atemte/

Podcast - Balancing Act

Website - https://www.andrewtemte.com/

Andy’s books:

Balancing Act - https://www.amazon.com/Audible-Balancing-Act/dp/B0CFCZT4HN/ref=sr_1_2?crid=17K8UI3208G9Q&keywords=Andy+Temte&qid=1701342458&sprefix=andy+temte%2Caps%2C150&sr=8-2

The Balanced Business: Building Organizational Trust and Accountability through Smooth Workflows - https://www.amazon.com/Balanced-Business-Organizational-Accountability-.

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy/

Instagram - https://www.instagram.com/thefpandaguy/

Follow Financial Modeler's Corner

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true

Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

(00:22) Intro;

(00:46) Welcoming Andy;

(01:05) The worst financial model Andy has ever seen ;

(01:52) Andy’s key learning experience from the worst financial model ;

(02:45) Andy ’s background;

(05:07) Andy’s journey as a professor;

(07:16) Andy’s motivation to teach Finance ;

(11:02) Time at Kaplan;

(13:55) Andy’s views on the CFA program;

(17:27 - 18:13) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad);

(18:18) Andy’s experience as a Member of the Board of FMI;

(20:03) Value of Financial Modeling Accreditation;

(25:23) Andy’s motivation behind writing the book “The Balancing Act”;

(33:17) What motivated Andy to start a Podcast?;

(34:54) Rapid Fire;

(37:27) Advice on being a successful Modeler;

(39:32) Connect with Andy;

(40:10) Outro.

Special Bonus Episode: Run the Numbers by CJ Gustafson

Thu, 30 Nov 2023 09:40:22 -0600

This week, we are bringing you another special bonus episode. This week, we are sharing a podcast that our host, Paul Barnhurst, recommends.

The Run the Numbers podcast is hosted by CJ Gustafson. The podcast is designed to talk about things he wishes he knew during the early days of his career that no amount of Googling would answer.

This week's Show Notes:

Sebastian Duesterhoeft, partner at Lightspeed Ventures, joins CJ to talk about anything and everything start-up operators need to know about your Total Addressable Market.

Request from you, the audience: We are constantly working to improve Financial Modeler’s Corner, and this week, I would like to ask for your help completing the survey about the podcast. This will help us make future episodes better for you, the listener. The survey will only take a few minutes to complete, and your response is invaluable to the team at Financial Modeler’s Corner.

Link to survey: https://forms.office.com/r/K2fHfSUvFp

TIMESTAMPS:

(00:00) Episode Preview

(00:55) SEGMENT: CJ's opening “Off the Books” monologue - the Billion Dollar outcome

(02:59) Start of interview

(04:38) Why is TAM so important to investors?

(09:19) Is a $2B TAM not good enough?

(12:06) How big is enough TAM?

(13:23) Sponsor: NetSuite

(14:44) Frameworks to calculate TAM

(19:19) Second and third growth engines

(25:18) On "maturity of the market"

(28:36) On extensibility

(32:27) Why your initial insertion point is crucial to your business

(36:22) ServiceNow and Datadog: why these companies are shining examples of expanding their TAM

(45:03) SEGMENT: Long-ass Lightning Round

(48:43) SEGMENT: Rep Yo Stack - Sponsored by Tropic

How Financial Modelers build a goldilocks “Just-right” Financial Model with Brian Egger

Wed, 22 Nov 2023 11:58:03 -0600

In this episode, Paul Barnhurst is joined by Brian Egger .

Brian is the Global Head of Financial Modeling, Senior Gaming/Lodging Analyst at Bloomberg Intelligence.

He has been publishing models professionally and writing investment research since the 90s on the sell-side as a brokerage analyst. His industry focus has always been broadly centered around consumer gaming, lodging, and leisure.

Brian has also worked in player-coach roles, whether it's being a research director or team leader or his current role, head of financial modeling, and outside the realm of being a practitioner, he has experience teaching as well.

Listen to this episode as Brian shares:

His experience with finding the right balance as a Modeler
His learning from the worst models he has come across.
His role as the Global Head of Financial Modeling at Bloomberg
Everything about Bloomberg’s Interactive Calculator.
Trends of the Industry over the years.
His thoughts on the FMI program and why continuous learning is so important.
His position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, AI in modeling, and more .

Quotes:

“ Models should be dynamic and not static, they should be integrated and not sort of siloed pieces not speaking to each other. ”

" There's a lot of merit just to continuously reinvesting in both your skill set and your credentials, and that it's really important to never stop doing that. The FMI has created a really intriguing platform as a way to do that. ”

“ The CFA exam prepares you in many ways to be a capable securities analyst. ”

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.

Join Paul in Vegas for the FMI World Cup Championship from

December 7, 2023 - December 9, 2023.

Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit.

Follow Brian Egger:

LinkedIn - https://www.linkedin.com/in/brianegger/

Brian’s article on the balance between complexity and simplicity -https://www.linkedin.com/pulse/what-level-detail-enough-financial-model-brian-egger/?trackingId=08lGH6pSQ865qLFJar2nzQ%3D%3D

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy/

Instagram - https://www.instagram.com/thefpandaguy/

Follow Financial Modeler's Corner

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true

Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

(00:22) Intro;

(00:46) Welcoming Brian;

(01:02) The worst financial model Brian has ever seen ;

(02:37) Brian’s key learning experience from the worst financial model ;

(03:13) Brian ’s background;

(05:05) Role as a Global Head of Financial Modeling at Bloomberg;

(06:19) How to find the right balance while Modeling? ;

(08:08) Signs that a Model is too detailed;

(10:57) Signs that a Model is too simple to make decisions;

(13:43 - 14:30) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad);

(14:39) About Bloomberg’s Interactive Calculator;

(15:58) Brian’s key learning from that Project;

(20:25) Guidelines on Balance;

(23:52) Brian’s thoughts on FMI;

(27:44) Trends of the Industry over the years;

(29:58) Rapid Fire;

(34:31) Advice on being a successful Modeler;

(35:23) Connect with Brian;

(35:50) Paul’s Top Picks - Finding the balance between complexity and simplicity

(39:32) Outro.

From Rocks to Riches: The Power of Financial Models in the Mining Industry with Emilie Williams

Thu, 09 Nov 2023 10:48:57 -0600

In this episode, Paul Barnhurst is joined by Emilie Williams.

Emilie holds a Bachelor of Engineering (B.Eng.) in Mining, a Masters degree in (M.A.Sc.), Civil Engineering, a nd has earned her Level I and II FMI modeling certifications.

She has been bridging the gap between mine engineers, operations, finance, and management for more than 15 years. She has real-world, industry experience working on mine project strategies, diagnosing, and solving for factors that lead to project delays and inefficiencies, and creating best-practice tools and models to help her clients manage their operations, costs and realize their objectives.

Listen to this episode as Emilie shares:

Her journey from mine engineer to full-time financial model
Her learnings from the worst models she has come across
The unique challenges of modeling in the mining industry
Her experience with competing in ESPN’s most recent Excel Battle
The importance of practicing to be a better modeler
Her position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, AI in modeling, and more

Quotes:

“ The dependencies on physical constraints are not always easy to model. ”

"[Attending an FMI Course was] the first time I realized that there was actually a way to do it and actually the structure of modeling was a real thing, as opposed to, let's just stick things in our Excel spreadsheet …”

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.

Join Paul in Vegas for the FMI World Cup Championship from

December 7, 2023 - December 9, 2023 .

Sign up for the event today and receive 10% off by using the special code ‘FP&AGUY10’.Click on the link to register: Financial Modeling World Cup

Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.

Follow Emilie Williams:

LinkedIn - https://www.linkedin.com/in/emilie-williams-06582761/

Website - https://cvmconsultants.ca/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy/

Instagram - https://www.instagram.com/thefpandaguy/

Follow Financial Modeler's Corner

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true

Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Special Episode: Breaking into Finance Podcast with Craig Thompson

Thu, 02 Nov 2023 12:30:16 -0600

Special Episode

This week we are bringing you a unique episode. This episode is a Breaking Into Finance podcast episode hosted by Craig Thompson featuring Paul Barnhurst.

Show Notes from Breaking Into Finance

Last episode we teed up the topic of exit opportunities and the types of careers paths available to finance professionals. Today we're excited to be joined by Paul Barnhurst AKA The FP&A Guy, host of FP&A Today and Financial Modeler's Corner. Financial Planning & Analysis ("FP&A") drives the strategic finance function at corporates and is an increasingly popular next step for ex-bankers. Paul is a thought leader in the space who helps break down the FP&A role, the skills you need to be successful, and his thoughts on the future of financial modeling.

For more Breaking Into Finance Episodes click here

https://open.spotify.com/show/3KtwQ1mhwj7X0HKK7RyJHc?si=8e9eeeed0c18463f

Mastering Finance: Navigating CFA Institute and CFA Program Changes with Rob Langrick

Thu, 26 Oct 2023 09:00:00 -0600

Rob Langrick, CFA, CIPM, is the General Manager of the CFA Program. He was previously Head of Practice Analysis, overseeing annual curriculum updates to the CFA Program.

Before joining CFA Institute, he lead Bloomberg’s finance education division, where he built and launched Bloomberg’s certification product. He began his career as a sell-side equity research analyst in London and, after earning his MBA from Dartmouth worked in the private equity diligence unit of Bain & Company in New York.

List to this episode as Rob Shares:

His learnings from the worst models he has seen in his career
His experience as an Equity Analyst
The CFA Program and why they modified the program to include new content
The value of FMI's financial modeling content to the new CFA Program
The importance of learning about Financial Models
His views on why financial models are one of if not the most important corporate decision making tool

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.

Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.

Quotes:

“Often the best way to learn something is to teach it to others.”

“Modeling is just another branch of logic, reason and rationality.”

Follow Rob Langrick:

LinkedIn - https://www.linkedin.com/in/rob-langrick-cfa-cipm-b16736/

Follow Paul:

Website - https://www.thefpandaguy.com/
LinkedIn - https://www.linkedin.com/in/thefpandaguy/
Instagram - https://www.instagram.com/thefpandaguy/
TikTok - https://www.tiktok.com/@thefpandaguy
Twitter - https://twitter.com/TheFPandAGuy
YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner

LinkedIn Page- https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true
Newsletter - Subscribe on LinkedIn- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

(00:22) Intro;

(00:48) Welcoming Rob;

(01:00) The worst financial model Rob has ever seen ;

(02:33) Rob’s key learning experience from the worst financial model ;

(04:20) Rob’s background;

(06:28) Rob’s experience as an Equity Analyst;

(08:53) What motivated Rob to move into Education;

(10:27) What lead Rob to join the CFA Institute;

(11:55) Roles Rob had at CFA;

(14:33 - 15:19) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad);

(15:20) Changes to the Practical Skills Modules;

(16:43) People’s response to change;

(19:20) Changes apart from Practical Skills;

(22:22) The main benefit to Charter Holders;

(24:55) Experience with FMI;

(26:24) Why is it important for everyone in finance to learn the basics of financial modeling ;

(28:33) Rapid Fire;

(32:47) Advice to college students;

(34:27) Connect with Rob;

Financial Modeling Through the Years: Stories & Insights from Colin Human, David Thompson, and Prem Beejan

Thu, 12 Oct 2023 09:00:00 -0600

In this episode, Paul Barnhurst is joined by three distinguished modeling experts: Colin Human, David Thompson, and Prem Beejan.

Colin Human started out his financial career as a 22-year-old chartered accountant in South Africa. Today, he is the CEO of Goalfix and provides financial modeling consulting and training.

David Thompson is an independent financial consultant who provides expert financial modeling, financial planning & analysis, independent valuations, strategy, and corporate development services to both the public and private sectors.

Prem Beejan is the Chairman at Maubank Holdings LTD and the Co-founder of the Financial Modeling Centre in Mauritius. FMI recently awarded Prem the Master Financial Modeler, and he is one of only 6 people globally to be awarded the designation.

Listen to this episode as they share about:

How they got started in financial modeling
Their experience and learning from the worst models that they came across
Financial modeling over the years and how it has changed.
The various Modeling tools used by them
The impact of Generative AI on Models
The importance of Formal Accreditation
Their position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, and more

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.

Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.

Follow Colin Human:

Website - https://goalfixglobal.com/staff/colin-human/

LinkedIn - https://www.linkedin.com/in/colin-human-b8072812/

Follow Prem Beejan:

Website - https://www.fmcmauritius.com/

LinkedIn - https://www.linkedin.com/in/prem-beejan-msc-mfm-5a921025/

Follow David Thompson:

Website - https://tghcorp.com.au/

LinkedIn - https://www.linkedin.com/in/strategy-finance-valuations-modelling/

Follow Paul Barnhurst:

Website - https://www.thefpandaguy.com/

LinkedIn - https://www.linkedin.com/in/thefpandaguy/

Instagram - https://www.instagram.com/thefpandaguy/

TikTok - https://www.tiktok.com/@thefpandaguy

Twitter - https://twitter.com/TheFPandAGuy

YouTube - https://www.youtube.com/@thefpaguy8376

Follow Financial Modeler's Corner

LinkedIn Page - https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true

Newsletter - Subscribe on LinkedIn https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Quotes:

“ Strategic thinking is really crucial for financial modelers as it allows them to create dynamic, adaptable, insightful models that can support a company's strategy and decision-making . ” - David

“ Unquantified strategy is just wishful thinking. It's as simple as that. ” - Colin

“ I am not saying that we cannot build models in other tools , t here could be other tools to build financial models , b ut the best, the easiest, the most accepted, the way it's made, the presentation, the reporting , and everything, it's all Excel. ” - Prem

In today’s episode:

(00:22) Intro;

(00:55) Welcoming the Guests - Colin, Prem and David;

(01:33) The worst financial model David has ever seen ;

(02:31) The worst financial model Colin has ever seen ;

(04:16) The worst financial model Prem has ever seen ;

(05:44) David’s key learning experience from the worst financial model ;

(06:23) Colin’s key learning experience from the worst financial model ;

(07:16) Prem’s key learning experience from the worst financial model ;

(08:00) David’s background;

(09:01) Colin’s background;

(10:51) Prem’s background;

(13:48) First Model Colin built;

(17:10) First Model David built;

(19:27) First Model Prem built;

(21:55) First Model Paul built;

(22:39) Changes seen over the years in Modeling ;

(24:52) Tools used in Modeling;

(28:19 - 29:05) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad);

(29:06) What kept David interested in Modeling;

(31:08) Prem’s take on the impact of Generative AI on Models;

(32:24) Colin’s take on the impact of Generative AI on Models;

(34:48) David’s take on the impact of Generative AI on Models;

(36:20) Important skills to be a great Financial Modeler - David;

(37:29) Important skills to be a great Financial Modeler - Colin;

(38:53) Important skills to be a great Financial Modeler - Prem;

(40:37) The need for Formal Accreditation’s;

(43:19) Why Prem decided to earn the designation of Master Financial Modeler;

(46:51) The importance of Strategic Thinking;

(49:41) Rapid Fire;

(56:42) Nugget on Financial Modeling from the renowned Guests;

(58:51) Connect with David, Prem and Colin;

Charting a Start-up’s Journey: Financial Models for start-up’s with Zainab Nwachuku

Thu, 28 Sep 2023 09:00:00 -0600

In this episode, Paul Barnhurst is joined by Zainab Nwachuku , who is the Managing Director and the lead Financial Modeler of The Intellectual Plug which is a consulting firm in Nigeria that helps founders get ready for funding with investors.

Zainab is extremely passionate about financial modeling and hopes more women who are fond of numbers choose to join the profession.

Listen to this episode as Zainab shares:

Her journey from accounting to financial modeling
Her experience and learnings from the worst models she has come across
Her experience working with founders to help turn their ideas into a financial model that can help make their dreams a reality
The horror story of linking workbooks in Excel
Her unwavering passion for Modeling
Her position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, and more

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.

Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.

Quotes:

“ I feel like you actually have to make those mistakes yourself to even get it to understand because otherwise, you know, how do you even know that o h, it's not a model ?”

“ Simply being able to actually build a financial model has really taught me a lot about communication. ”

“ If you're not listening to the founder, whether or not they can implement some strategies i f you don't understand that from the founder, the model isn't going to make sense .”

Follow Zainab:

Website - https://theintellectualplug.com/

LinkedIn - https://www.linkedin.com/in/mszainababu/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy/

Instagram - https://www.instagram.com/thefpandaguy/

https://www.linkedin.com/company/financial-modeling-world-cup/

Follow Financial Modeler's Corner

LinkedIn Page - https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true

Newsletter - Subscribe on LinkedIn https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Must follow LinkedIn Profiles:

Financial Modeling World Cup

Financial Modeling Institute

https://www.linkedin.com/company/fminstitute/

Chris Reilly

https://www.linkedin.com/in/chris-reilly-mission-capital/

Danielle Stein Fairhurst
https://www.linkedin.com/in/daniellesteinfairhurst/

Hedieh Kianyfard

https://www.linkedin.com/in/hediehkianyfard/

Lance Rubin

https://www.linkedin.com/in/financial-modelling/

Giles Male

https://www.linkedin.com/in/giles-male-30643b15/

In today’s episode:

(00:22) Intro;

(00:51) Welcoming Zainab;

(01:06) The worst financial model Zainab has ever seen ;

(02:27) Zainab’s key learning experience from the worst financial model ;

(03:30) Zainab’s background;

(05:00) What is fun and challenging about Modeling;

(07:05) About the Financial Modeling Group for women;

(09:50) Women in Modeling;

(11:17) About The Intellectual Plug;

(12:38) Common Company challenges;

(14:21) Funding routes for Start-ups in Nigeria;

(16:10 - 16:57) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad);

(16:58) What does Zainab love about working with these start-ups;

(18:36) Challenges Zainab faced to build a model for early stage companies;

(20:57) Advice on building models for early stage companies;

(24:16) Rapid Fire;

(28:07) Nugget on Financial Modeling;

(29:45) Connect with Zainab;

(30:30) Paul’s best picks

The way Zainab talks about terrible models.
The way she communicates her journey of building models.
The horror story of workbooks
And her incredible passion for Modeling.

(32:00) Rapid Fire: The Pattern So Far;

(35:18) Must Follow LinkedIn Profiles

(37:22) CPE Credit

(37:40) Outro

Are LAMBDAs & Dynamic Arrays the future of Financial Modeling? A lively discussion with 4 modeling experts.

Thu, 14 Sep 2023 00:00:00 -0600

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI), the most respected accreditations in Financial Modeling globally.

In this episode, your host, Paul Barnhurst is joined by 4 fabulous guests, namely, Jeff Robson, Danielle Stein Fairhurst, Craig Hatmaker & Ian Schnoor. They are all highly accomplished and respected modelers in the Financial Modeling profession. In this episode they share thoughts on Dynamic Arrays and LAMBDAs.

Jeff is a Financial Modeler, Business Analyst, International Trainer & Presenter. Danielle is a Financial Modeler, Author, and Corporate Trainer based in Australia. Craig is a retired Financial Modeler and is a 5G (fifth generation) modeling enthusiast, and Ian is the Executive Director at the Financial Modeling Institute (FMI), which is also the sponsor of this Podcast.

Listen to this episode as the guests talk about:

Why it is important to keep current on the latest developments in modeling
LAMBDAs what they are and how they could revolutionize financial modeling
Dynamic Arrays, what they are, how they work, and what it is like to build a model using Dynamic Arrays
How Dynamic Arrays will make auditing models easier
The guest's favorite Dynamic Array formulas

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.

Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit with this episode.

Follow Jeff Robson:

Linkedin: https://www.linkedin.com/in/jeffrobson/
Website: www.accessanalytic.com.au
YouTube: https://www.youtube.com/@AccessAnalytic

Follow Danielle Stein Fairhurst:

Linkedin: https://www.linkedin.com/in/daniellesteinfairhurst/
Website: https://plumsolutions.com.au/

Upcoming Events for Danielle Stein Fairhurst

Danielle is speaking at the global excel summit - Global Excel Summit 2024 | Microsoft Excel Event | Welcome
Upcoming webinar on Scalable models - https://www.linkedin.com/events/scalablemodelling-usingmsfabric7106464501708840960/

Follow Craig Hatmaker:

Linkedin: https://www.linkedin.com/in/craig-hatmaker-4449879/
Website: https://sites.google.com/site/beyondexcel/home
YouTube: https://www.youtube.com/@CraigHatmakerBXL

Building with Fast + 5G- https://www.youtube.com/watch?v=8Zl3yURsvdE&t=1s

Demo using 5G Components-
Intro 5G - Watch an Excel Model do something incredible using 5G methods - YouTube

Gist site to download Craig Hatmakers LAMBDAs for 5G modeling- https://gist.github.com/CHatmaker

Follow Ian Schnoor:

Linkedin: https://www.linkedin.com/in/ianschnoor/
Website: https://fminstitute.com/

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy/

Instagram - https://www.instagram.com/thefpandaguy/

YouTube - _{https://www.youtube.com/@thefpaguy8376}

Follow Financial Modeler's Corner

LinkedIn Page - https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true

Subscribe to our Newsletter- https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Quotes:

“Python brings a suite of libraries that can do some amazing things.”

“You don’t have to learn Python, Dynamic Arrays, or LAMBDAs for Financial Modeling, but you need to know it exists to stay relevant.”

“ Dynamic arrays force you to have consistent formulas. ”

“ LAMBDAs are functions that write functions using native excel functions. ”

“Learn the basics and start experimenting.”

In today’s episode:

(00:22) Intro;

(00:39) Introduction of Guests;

(03:30) Take on Python into Excel ;

(06:49) Addressing Security Issues ;

(07:32) What are Dynamic Arrays ;

(09:58) Use case of Dynamic Arrays;

(11:45) What is LAMBDA;

(18:20) FMI exams and Dynamic Arrays;

(21:57) LAMBDAs for 5G modeling ;

(24:13) How to use 5G modeling;

(26:29 - 27:15) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad);

(28:59) Auditing Dynamic Array Models;

(33:30) Favorite spillable functions;

(36:58) The potential of a standard to use LAMBDAs and Dynamic Arrays;

(39:45) AI building Models;

(44:20) Advice for the audience;

(46:59) Advice on LAMBDAs;

(49:15) Advice for Modelers;

(51:42) Connect with Jeff, Danielle, Craig & Ian

(52:57) Outro

Become a better Modeler by developing a decision-making mindset: Hedieh Kianyfard

Thu, 31 Aug 2023 00:00:00 -0600

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host, Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI) the most respected accreditations in Financial Modeling globally.

In this episode, Paul Barnhurst is joined by Hedieh Kianyfard, who is the founder of Finexmod. This is the website where Hedieh shares her views on financial modeling and shows that it’s possible to have fun with finance.

Hedieh is passionate about economic development and aims to make financial modeling easy and fun for everyone.

Listen to this episode as Hedieh shares:

Her journey and background in financial modeling
Her experience and learning from the worst models that she came across
How Hedieh considers Modeling as a great career and more than a stepping stone.
Responsibility as a modeler to reject bad projects and help ensure good projects are accepted.
Everything about her book- Financial Modeling Detective
10 Financial Modeling Commandments
Why people should avoid circular references – hint they are the devil 😊
The importance of having a decision-making mindset
Her position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, and more

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.

Quotes:

“A Financial Modeler is like a Fortune Teller.”

“Modeling is a great career and more than a stepping stone.”

“ It’s important to put yourself, in the end, users' shoes to understand their needs better. ”

“ As modelers we have a responsibility to reject bad projects and help ensure good projects are accepted. ”

Follow Hedieh:

Website - https://www.finexmod.com/

LinkedIn - http://linkedin.com/in/hediehkianyfard

Instagram - https://instagram.com/finexmod

Facebook - https://m.facebook.com/people/Finexmod/100063965894693/

Youtube - https://youtube.com/@FinancialModelDetective

The Interpolate-Lookup function as explained by Professor Edward Bodmer- https://edbodmer.com/interpolate-lookup-function/

Financial Model Detective Book: Financial Model Detective: Hints and tricks for review of financial models: Kianyfard, Hedieh: 9781074174606: Amazon.com: Books

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy/

Instagram - https://www.instagram.com/thefpandaguy/

Follow Financial Modeler's Corner

LinkedIn Page - https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true

Newsletter - Subscribe on LinkedIn https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

In today’s episode:

(00:22) Intro;

(00:45) Welcoming Hedieh;

(01:06) The worst financial model Hedieh has ever seen ;

(03:26) Hedieh’s key learning experience from the worst financial model ;

(06:23) Hedieh’s background;

(09:35) About Hedieh’s website - Finexmod

(10:23) About Hedieh’s book - Financial Modeling Detective

(12:25) Why is it important to have someone audit Financial Models

(16:12) Financial Model Ten Commandments

(17:31) Rule 9 - Why people should avoid circular references

(19:21) Rule 10 - The Modeler shouldn’t be selfish

(21:15 - 22:02) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad);

(22:03) The decision makers mindset;

(26:31) How to develop that decision making mindset;

(28:30) What is the process of infrastructure project;

(30:58) Rapid Fire;

(35:31) When did Hedieh realize Financial Modeling as a career

(37:31) Connect with Hedieh;

(38:32) Paul’s best picks:

(40:50) CPE Credit with this episode;

(41:20) Outro

Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.

Becoming a Better Financial Modeler with Chris Reilly

Thu, 17 Aug 2023 00:00:00 -0600

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI), the most respected accreditations in Financial Modeling globally.

In this episode, Paul Barnhurst is joined by Chris Reilly, who is the founder of Financial Modeling Education. Chris spent many years working in private equity, and today, he runs his own business focused on providing financial modeling education and financial modeling consulting services.

Chris is very passionate about Financial Modeling and helping others learn to build robust financial models focused on the 3-financial statements.

Listen to this episode as Chris shares:

The worst model he ever built; hint it involves using his phone :)
His journey and background into Modeling
The importance of simple, uncomplicated model design
How being a part of a financial modeling community like FMI can help modelers
The revolver approach for managing cash and why it is important in modeling
The benefits and challenges of using EBITDA to value a company
His position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, and more

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code Podcast.

Visit www.fminstitute.com/podcast and use code Podcast to save 15% when you register.

Follow Chris:

Website - https://www.financialmodelingeducation.com/

LinkedIn - https://www.linkedin.com/in/chris-reilly-mission-capital/

Newsletter - https://financialmodelingeducator.com/

Follow Financial Modeler's Corner LinkedIn Page & Subscribe to Newsletter

Linkedin Page - https://www.linkedin.com/company/financial-modeler-s-corner/?viewAsMember=true

LinkedIn Newsletter - https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7079020077076905984

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy/

Instagram - https://www.instagram.com/thefpandaguy/

Quotes:

“ A poor design leads to a poor output. ”

“ Schedules feed the structure. Once you have that dialed in your head you can build whatever you want. ”

“ It’s nice to have a community where you can get some live feedback on your search as opposed to going down the internet rabbit hole. ”

“To learn to be a modeler you need to model. Spend time finding ways to improve your modeling skills.”

In today’s episode:

(00:22) Intro;

(00:47) Welcoming Chris Reilly;

(01:00) The worst financial model Chris has ever seen ;

(03:01) Chris’s takeaway from the worst financial model ;

(05:56) Chris ’s background;

(07:40) What Chris wished he had known that he knows now;

(11:52) FMI’s Premier Modeling Community;

(14:33 - 15:20) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad);

(15:21) Hardest concept for people to grasp;

(18:23) Reasons why balance sheets do not work;

(20:00) The Revolver Approach;

(21:48) The most important skill to build a Financial Model;

(23:22) The value of EBITDA and its pitfalls;

(29:07) Rapid Fire;

(31:35) Chris’s take on Circular References

(33:23) Nugget on how to become a better modeler;

(36:36) Connect with Chris;

(37:48) Paul’s best picks- how Chris learned from his initially not so perfect models and how those mistakes helped him become the best educator.

(38:56) CPE Credit with this episode;

(39:07) Outro.

Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.

Financial Modeling education, Excel competitions, exciting academic research and more with Professor David C. Brown

Thu, 03 Aug 2023 00:00:00 -0600

In this episode, Paul Barnhurst is joined by David C. Brown, an Associate Professor of Finance. David focuses on teaching finance and financial modeling, bringing his real-world experience to the classroom with his students. He is also heavily involved in helping students improve Excel skills, including running the Microsoft Excel Collegiate Championship (MECC)

He is very passionate about research and his work has been highlighted by the Wall Street Journal and MarketWatch.

Listen to this episode as David shares:

His journey and background into Modeling
His experience starting and running the Microsoft Excel Collegiate Challenge
How Financial Modeling competitions help you grow and learn
The key differences between modeling for competition and modeling for work
His learning from his research and years of experience
How he would structure the college finance program if he were in charge
His latest research on Target Date Funds and how they perform relative to other retirement portfolios
His position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, and more

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code podcast.

Visit www.fminstitute.com/podcast and use code podcast to save 15% when you register.

Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit.

Follow David:

YouTube - https://www.youtube.com/@docbrownexcels

Website - https://www.davidclaytonbrown.com/

E-mail - dcbrown@email.arizona.edu

· To learn more about Microsoft Excel Collegiate Challenge, visit this website- https://mecc.college/

Follow Paul:

Website - https://www.thefpandaguy.com/

LinkedIn - https://www.linkedin.com/in/thefpandaguy/

Instagram - https://www.instagram.com/thefpandaguy/

TikTok - https://www.tiktok.com/@thefpandaguy

Twitter - https://twitter.com/TheFPandAGuy

YouTube - https://www.youtube.com/@thefpaguy8376

Quotes:

“ Collegiate Challenge is not about being the best, its about challenging yourself, learning more and getting better at it. ”

“ If you understand Python you can figure out Excel. ”

“ Excel is the way to get people into data analytics. ”

“ Challenge the assumptions, challenge the model and eventually figure out whats wrong. ”

In today’s episode:

(00:22) Intro;

(00:45) Welcoming David Brown;

(01:25) The worst financial model David has ever seen ;

(03:17) David’s take away from the worst financial model ;

(06:08) David ’s background;

(10:05) How David decided to become a Finance Professor ;

(12:39 - 13:25) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad);

(13:27) What is the Microsoft Excel Collegiate Challenge;

(17:20) Excel Tables;

(19:17) Advice to students willing to participate in these competitions;

(21:33) David’s experience with these competitions;

(24:47) How to help students with a hands on experience to building models;

(27:04) David’s suggestion to changes in college curriculum;

(29:07) Financial Modeling for competitions vs. Building it for clients;

(31:10) David’s learning from his research;

(37:58) Rapid Fire;

(42:19) Nugget on how to become a better modeler;

(43:57) Connect with David;

(44:50) Paul’s best picks

– How David wishes to teach the college program for Finance

(45:23) CPE Credit with this episode;

(45:40) Outro.

Benefits of competing in the Financial Modeling World Cup - Insights from World Champion Diarmuid Early

Thu, 20 Jul 2023 00:00:00 -0600

In this episode, Paul Barnhurst is joined by Diarmuid Early, one of the best modelers in the world and, the Founder of Early Days Consulting. He is a regular competitor in the Financial Modeling World Cup (FMWC) and is often referred to as the Michael Jordan of financial modeling for his impressive results. He is the winner of the 2021 FMWC and a runner-up in the 2020 and 2022 editions.

Listen to this episode as Diarmuid shares:

His journey and background into Modeling

How Financial Modeling competitions help you grow and learn

The key differences between modeling for competition and modeling for work

His practical advice on how to build a 3-statement model

How assumption ambiguity and structural ambiguity impact your model.

His position on controversial modeling issues including circular references, dynamic arrays, modeling standards and more

Financial Modeler’s Corner is sponsored by the Financial Modeling Institute

Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% of by using the special show code FMC15.

Visit www.fminstitute.com/podcast and use code FMC15 to save 15% when you register.

Go to https://earmarkcpe.com , download the app, take the quiz and you can receive CPE credit for listening to the episode.

Follow Diarmuid:

YouTube - https://www.youtube.com/@DimEarly/

LinkedIn - https://www.linkedin.com/in/diarmuidearly

Stream the events of FMWC live on YouTube by visiting - Financial Modeling World Cup

Link to the next streaming session on July 27th at 9 AM MST of which Paul Barnhurst will be a part - Battle VII - Road to Las Vegas 2023 (Excel Esports)

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy/

Instagram - https://www.instagram.com/thefpandaguy/

Quotes:

“You need to have certain discipline around what you want your model to do.”

“Getting better at excel has been more valuable than getting better known by winning the FMWC.”

“ Do terribly struggle for an hour and a half with what should have been a 30-minute question, but eventually get it out. You'll learn a ton from that. ”

“ The big value in the competition is a learning opportunity and you don't need to train to start learning. ”

“ The person who is most valuable as a financial modeler is the one who can tell you what are good assumptions to make. ”

In today’s episode:

(00:22) Intro;

(00:45) Welcoming Diarmuid;

(01:16) The worst financial model Diarmuid has ever seen ;

(04:13) Diarmuid’s take away from the worst financial model ;

(07:45) Diarmuid ’s background;

(09:45) How Diarmuid became interested in Financial Modeling Competitions ;

(11:48) How Diarmuid felt after winning the competition;

(12:51) What Diarmuid enjoys about competing;

(18:05) Financial Modeling for competitions vs. Building it for clients;

(22:37 - 23:23) Validate your Financial Modeling Skills with FMI’s Accreditation Program (ad);

(23:30) Diarmuid’s top advice for competitions;

(25:10) Rapid Fire;

(29:45) Nugget on how to become a better modeler;

(34:40) Connect with Diarmuid;

(35:40) About FMWC;

(37:55) CPE Credit with this episode;

(38:30) Outro;

David Brown: The Future of Financial Modeling

Thu, 06 Jul 2023 00:00:00 -0600

Welcome to Financial Modeler's Corner (FMC) where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by Financial Modeling Institute (FMI), the most respected accreditations in Financial Modeling globally.

In this episode, Paul Barnhurst is joined by David Brown, the Managing Partner of D Brown Consulting and one of the most respected financial modelers, consultants, and educators in the field of finance with offices on multiple continents.

Listen to this episode as David shares:

His journey and background into Modeling
How to find your passion and be willing to put yourself out there
How he learned he had a passion for teaching at a young age
How intuition is a good place to start, but the model helps validate hunches and numbers
How he explains the balance sheet without using numbers to non-finance people
Ways to embrace AI and use it to be more efficient in the work you do.
His position on controversial modeling issues, including circular references, dynamic arrays, modeling standards, and more

Follow David:

Website - https://www.dbrownconsulting.net/

Twitter - https://twitter.com/dbrownanalyst

Instagram - https://www.instagram.com/dbrownconsulting/

YouTube - https://www.youtube.com/c/dbrownconsultingdbrownconsultingtv

To learn more about David Brown and his offerings, see below:

Learn more about dbrownconsulting and their practices and methodologies for working with data, by following this link: https://youtu.be/4qp8f3u3NvM
Take your financial modeling skills to new heights with dbrownconsulting’s Advanced Financial Modeler Certificate Course!

Ian Schnoor: Why validate your Financial Modeling Skills?

Thu, 22 Jun 2023 00:00:00 -0600

In this first episode, Paul Barnhurst is joined by Ian Schnoor, the Executive Director of the Financial Modeling Institute and one of the foremost educators on financial modeling globally.

Listen to this episode as Ian shares:

· What it was like in the early days of financial modeling

· Why FMI created a financial modeling accreditation in the first place

· The importance of Financial Modeling as a profession

· How FMI created a community to help all modelers find the best resources and elevate the profession in the process

Follow Ian:

Website - https://fminstitute.com/

E-mail - info@fminstitute.com

Follow Paul:

LinkedIn - https://www.linkedin.com/in/thefpandaguy/

Instagram - https://www.instagram.com/thefpandaguy/