On this Pi day, I’m super excited to help moderate FIF Collective’s AI in Finance Discussion. Meghan Curtin McKenna 🔥 Dana Forfa CJ Gustafson Kate Mikolenko, CPA Carmen Li Jessica Chen Rebecca Schwartz Ruchi Varshney Amy Kux and so many more smart people. Chat soon!!

I asked ChatGPT 4o to share a quick LinkedIn post on the evolution of procurement. Here's what it said. Not a bad response! What did it miss? The part about "Revenue-Generating Procurement" resonates most with me and the procurement teams we work with. 𝘏𝘦𝘳𝘦'𝘴 𝘢 𝘱𝘰𝘭𝘪𝘴𝘩𝘦𝘥 𝘓𝘪𝘯𝘬𝘦𝘥𝘐𝘯 𝘱𝘰𝘴𝘵 𝘵𝘩𝘢𝘵 𝘤𝘢𝘱𝘵𝘶𝘳𝘦𝘴 𝘵𝘩𝘦 𝘦𝘷𝘰𝘭𝘶𝘵𝘪𝘰𝘯 𝘰𝘧 𝘱𝘳𝘰𝘤𝘶𝘳𝘦𝘮𝘦𝘯𝘵 𝘢𝘯𝘥 𝘪𝘵𝘴 𝘧𝘶𝘵𝘶𝘳𝘦 𝘳𝘦𝘴𝘱𝘰𝘯𝘴𝘪𝘣𝘪𝘭𝘪𝘵𝘪𝘦𝘴 𝘪𝘯 𝘢𝘯 𝘦𝘯𝘨𝘢𝘨𝘪𝘯𝘨 𝘸𝘢𝘺:

A month and a half into 2025, and here are some trends we're hearing in our Procurement conversations. Can you relate? 1) Using more AI. It’s not going anywhere. 2) Related to #1, Increased importance of collaboration between procurement, finance, accounting, GRC, legal, compliance, IT, security, and alignment on process, especially focused on using AI.

Too many procurement projects happen backwards because "IT'S URGENT" -Send wire to vendor -Create PO -Receive Accounting approval -Receive Compliance approval -Receive Budget approval

he office of the CFO is already being transformed with AI. 🙌 10x+ operational efficiencies for some tasks are already a reality. Take tools like Orby AI capable of automating highly manual and repetitive workflows for general accounting using their proprietary Large Action Model (LAM). 🧩 Integrated data flows between finance, strategy and key business decision makers are happening with solutions like Sudozi which streamlines procurement with data.

AI models are acing Biology, Physics, and Mathematics exams with flying colors. But is that really what the world needs? What if we started scoring these models on 𝐫𝐞𝐚𝐥-𝐰𝐨𝐫𝐥𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐰𝐨𝐫𝐤𝐟𝐥𝐨𝐰𝐬, like in procurement and accounting? Imagine an AI that could: 🔍 Demystify data privacy clauses in multilingual global contracts ⚙️ Orchestrate lengthy internal approvals with GRC, Security, IT, Ops, etc 📈 Forecast total expenses and savings for usage-based pricing models 🧾 Determine accurate accounting line allocations for bookkeeping