How Microsoft's approach to AI could shape the future of finance
Better Finance: CFO Insights podcast
Release Date: 12/03/2024
Better Finance: CFO Insights podcast
The question facing every CFO and finance leader right now is, how to invest in AI when the value case is still emerging? Andrew Ashton, Cisco’s Senior Vice President of Corporate Finance, sits down with host Myles Corson to discuss the strategy behind how finance leaders can prove AI’s impact. Follow the EY Better Finance: CFO Insights podcast for more conversations with global CFOs and finance leaders on AI, finance transformation and business strategy. Find out more at . Key takeaways: Treat AI spend as additive rather than a substitute for existing budget and...
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In this episode of the Better Finance: CFO Insights podcast, Myles Corson speaks with Sheryl Estrada, senior writer at Fortune and author of the CFO Daily newsletter. Drawing on her conversations with finance leaders, Sheryl shares insights into how the CFO role is evolving beyond traditional finance responsibilities. She also explores how CFOs are playing an increasingly influential role in enterprise transformation. Sheryl explains that finance leaders are rethinking whether traditional performance metrics fully capture business...
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Many finance organizations are exploring how to scale AI, but readiness remains uneven across teams and processes. In this episode of the EY Better Finance: CFO Insights podcast, host Myles Corson speaks with Mike Whitmire, CEO and co-founder of FloQast, about what CFOs need to get right before scaling AI in finance. Drawing on his experience working with thousands of finance teams and building FloQast’s accounting workflow platform, Mike explains why visibility into workflows, structured processes and reliable data remain essential for...
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Treasury is entering a new phase of responsibility, one defined by continuous action rather than periodic oversight. In this episode of the EY Better Finance: CFO Insights podcast, host Myles Corson speaks with Stephen Randall, Global Head of Liquidity Management Services at Citigroup, about how treasury is adapting to an always-on, real-time global economy and becoming more central to enterprise value creation. Stephen shares insights from Citi’s research and client experience on what differentiates high-performing treasury functions, highlighting the importance of strong...
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In this episode of the Better Finance: CFO Insights podcast, host Myles Corson is joined by Jack McCullough, President of the CFO Leadership Council, to explore how CFOs can uncover and support hidden talent within their organizations to thrive in an AI-driven world. They discuss the concept of indispensable specialists — those individuals who may not hold senior titles or be highly visible but possess unique skills that drive significant value and impact. Jack shares insights on why recognizing these key contributors are important for CFOs...
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In this episode of the EY Better Finance: CFO Insights podcast, Myles Corson speaks with David Homonoff, CFO at Feast & Fettle, about what it takes to lead finance in a fast-growing business where culture and customer experience are deeply intertwined. David shares how Feast & Fettle’s success stems from a simple yet powerful idea: make decisions through the lens of the customer. He explains why treating the customer as the North Star shapes nearly every decision, from pricing and expansion to how the organization thinks about...
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In this episode of the EY Better Finance: CFO Insights podcast, Brian Tomlinson, Managing Director, ESG, Financial Accounting Advisory Services, Ernst & Young LLP, speaks with Jan Rosenow, Professor of Energy and Climate Policy at the University of Oxford, about how the global energy transition is reshaping the economic landscape for businesses. The discussion explores the growing role of industrial policy in decarbonization and how different regions are using incentives such as tax credits and subsidies to influence where clean energy technologies are developed and...
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In this episode of The EY Better Finance: CFO Insights podcast, host Myles Corson speaks with Riya Grover, CEO and co-founder of Sequence, about how CFOs and finance leaders can navigate revenue complexity and enhance collaboration. Riya shares her entrepreneurial journey and discusses the important role of finance in shaping revenue strategy. She highlights how identifying disconnects between pricing, revenue data and accountability can improve decision-making and business...
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Cash flow forecasting and liquidity confidence have become defining priorities for CFOs and finance leaders, yet both remain persistent challenges across organizations. Two studies, APQC’s Cash Flow and Liquidity Management Practices Report and the , found that even with automation, AI and analytics, many finance teams may struggle to trust their source data and forecast with accuracy. In this episode of the EY Better Finance: CFO Insights podcast, host Myles Corson speaks with...
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In this episode of the EY Better Finance: CFO Insights podcast, host Myles Corson speaks with Simon Brown, EY Global Learning and Development Leader and co-author of The Curious Advantage. Drawing on years of research into learning, leadership and behavioral science, Simon explains how embedding curiosity into everyday practices can help finance teams evolve beyond traditional ways of working. The conversation explores how a mindset of curiosity can help CFOs lead through uncertainty and respond to emerging challenges. Through real-world examples, Simon illustrates how...
info_outlineIn this episode of the Better Finance: CFO Insights podcast, Cory Hrncirik discusses how artificial intelligence (AI) is changing finance at Microsoft.
Join host Myles Corson as he welcomes Cory Hrncirik, Modern Finance Lead at Microsoft, to discuss the transformation of Microsoft's finance function through the strategic application of artificial intelligence (AI). This episode of The EY Better Finance podcast delves into how AI is modernizing finance processes, enhancing forecasting accuracy and streamlining risk management.
The conversation highlights Microsoft's journey toward innovation within its finance department, marked by the rapid adoption of Microsoft Copilot. Cory Hrncirik outlines the critical role of high-quality, structured and pre-indexed data as the cornerstone for successful AI implementation and the continuous evolution of data management practices at Microsoft.
Moreover, the episode sheds light on the importance of a collaborative culture and systems thinking in achieving corporate objectives. It details Microsoft's strategic efforts to empower finance professionals as citizen developers, enabling them to leverage low code, no code tools, or partner with IT and engineering to catalyze the finance function's transformation.
Insightful and forward-looking, this episode provides a glimpse into how Microsoft's strategic approach to integrating finance and technology is securing its position in the rapidly evolving digital landscape.
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