One of the key challenges to fully deploy AI in finance and accounting is that 95% just isn’t good enough, and the last 5% is VERY costly to get right 💲💲💲 95% is typically the threshold to be considered statistically significant ✅

How are your collections doing? Most people assume once you have a signed contract, revenue will just magically flow into your bank account 💰 ❌NOPE! Finance and accounting professionals know better. Invoicing and collecting revenue needs a dedicated workflow with the right data and processes. If you don't already have these basic processes, I highly recommend spinning them up: ➡️ Weekly collections reporting by customer: Invoices coming due and outstanding invoices with specific days outstanding. ➡️ Send reminder emails 1-2 weeks ahead of an invoice due date. ➡️ Assign internal owners who will reach out to customers if they are past due. Draft comms that show empathy, but then eventually ask for the money. ➡️ Decide if it's worth sending customers to an external collections agency or legal team. 💡Be transparent about collections in your reporting and update your cash model to reflect actual collections. You are doing your company a disservice if you're in denial about collections. Unfortunately I'm not surprised at all that Twitter isn't paying bills, but there are things you can do to increase your chances of getting paid!

If you haven't been building AI models your entire life and you want to understand a bit more about these models... where do you start? 𝐒𝐓𝐀𝐓𝐈𝐒𝐓𝐈𝐂𝐒!! 🎲🎲 Jumping right into complex language models is like trying to do a Simone Biles style backflip before nailing a cartwheel. 🤸🏽‍♀️

What kind of crazy woman starts a company when she has a 1 year old 👶🏻 and is pregnant 🤰🏻 with her second? Oh wait… that’s me…😁 As a CFO, I was so frustrated with the options on the market to connect the dots between procurement, vendor renewals, risk management, payments and budgets. I decided to start my own company to solve my procurement and finance problems. A little over two years ago, I started Sudozi to build a solution that: 👀 Increases visibility ✂️ Reduces wasted spend 📈 Enables smart growth

👩🏻‍💼 Investors and CEO: “We need more AI - NOW” 👩🏻‍💻 Product and Engineering: "We need more hardware to power these super cool new models" 🙋🏻‍♀️ Procurement and Finance: "We can buy the hardware you're asking for....but are you sure the improvements justify the extra investment?"

Kicking off this Friday with some optimism ☀️ Like so many Chinese citizens last December, my 99 year old grandfather got COVID and was hospitalized in a Shanghai hospital ICU (he was lucky to get a bed). He’s been in the ICU, on a ventilator, and using a feeding tube for most of 2023 (100+ days!). During April, he started weaning off the ventilator and back on solid foods.