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:

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

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:

[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