Our expert panel discussed on the revolutionary impact of AI in finance and corporate performance management. This candid conversation features Carl Yost, Vincent Valentine, Daniel Hopson, and Randy Werder as they explore how artificial intelligence is fundamentally changing the way CFOs and finance executives approach planning, forecasting, and decision-making.
We dive deep into the practical realities of AI implementation, moving beyond the buzzwords to discuss real-world strategies, challenges, and opportunities. From understanding executive mindset shifts to navigating the evolution from Excel-based processes to AI-enhanced workflows, this discussion provides actionable insights for finance leaders at every stage of their AI journey.
Recorded at the premier OneStream user conference, this podcast captures the urgency and excitement surrounding AI adoption in finance, featuring real client stories, implementation strategies, and candid advice from industry experts who are actively guiding organizations through this transformation.
75% of CFOs now prioritizing AI discussions (from Splash 2025 keynote)Fundamental shift in executive engagement with technologyGenuine curiosity driving attendance at AI events and conferencesExecutives seeking practical knowledge and implementation strategiesAI vs Traditional Performance Management:
Moving beyond "Excel in my cold dead hands" mentalityEvolution from driver-based planning to AI-enhanced forecastingThe critical role of change management in AI adoptionEducation requirements for leaders to craft AI messagingTwo Categories of AI in Finance:
1. Sensible AI (Platform-Based):
OneStream's existing predictive analytics capabilitiesNumber-based analysis and forecasting improvementsPlatform-native AI integration within existing workflows2. Large Language Models:
ChatGPT-style conversational AI applicationsOneStream's emerging agent-based technologiesNatural language interfaces for financial dataFrom Driver-Based Planning to AI:
Driver-based planning as essential foundation for AI readinessUnderstanding business connectivity between operational and financial metricsMoving beyond "same as last year plus 2%" approachesBuilding models before implementing AI solutionsPractical Implementation Strategy:
Crawl, Walk, Run Approach:
Start with small wins in specific business areas or product linesIdentify biggest problems and apply AI to targeted solutionsBuild on initial successes rather than attempting complete transformationFocus on incremental improvements leading to significant changePlatform-First Philosophy:
AI implementation within OneStream application layerLeveraging existing data stores and workflowsAvoiding external AI solutions separate from core processesUsing OneStream's extensibility for AI integrationMoving from monthly forecasting to on-demand analysisResponding to real-world events (elections, tariffs, geopolitical changes) immediatelyBuilding "muscle memory" for rapid forecasting capabilitiesEnabling scenario planning beyond traditional cyclesClient Maturity Evolution:
Eight-year OneStream journey case studyClients advancing from basic implementation to AI readinessMature conversations focusing on model training and optimization"Earning the right" to examine AI process transformationRequirement to defend any process NOT using AIAssumption that all operations should leverage AI capabilitiesChallenging traditional operational componentsSetting new industry standards for AI adoptionImplementation Readiness Assessment:
Do you understand your business model and metrics?Are you still struggling with basic forecasting processes?Have you moved beyond Excel-based planning?Is your data foundation ready for AI enhancement?Black Diamond's Advisory Role:
Moving from words to numbers in client discussionsCreating practical roadmaps beyond buzzword discussionsTaking stewardship responsibility for client AI transformationLaunching AI education book and resourcesAI is not a magic wand - foundational work required firstStart somewhere but don't wait - action required nowFocus on solving real business problems, not implementing technologyEducation and change management are critical success factorsPartners must lead AI transformation, not just implement technology"If you don't have an AI plan now, you might be too late"Three-year timeline thinking means missing the opportunityStalling on AI while competitors advanceTalking about AI without creating actionable roadmapsCFOs and finance executives evaluating AI strategiesFinance professionals seeking practical AI implementation guidanceOrganizations using OneStream considering AI enhancementChange management leaders driving technology transformationAnyone interested in the future of corporate performance managementTransform your finance function from traditional forecasting to AI-enhanced decision making with practical guidance from Black Diamond's expert panel.