by Tara Parker | Jun 10, 2024
ChatFin and ChatGPT serve different purposes and have different capabilities. ChatFIN is a purpose-driven language model. It is designed specifically for accounting and finance. ChatFIN not only understands finance and accounting contexts but also has the ability to...
by Tara Parker | May 8, 2024
Large Language Models (LLMs) have taken the tech world by storm, offering impressive capabilities across a range of applications. With many models already available and more on the horizon, the landscape of LLMs israpidly evolving. The Potential Shift to Specialized...
by Tara Parker | Apr 2, 2024
Debunking Myths: Embracing AI in Corporate Finance As companies begin to integrate AI into their corporate finance teams, numerous misconceptions have emerged. Here are a few common myths that frequently arise in discussions with finance teams: Myth 1: AI Will...
by Tara Parker | Jun 28, 2023
The Shift from Excel to AI Traditionally, finance professionals have relied on Excel for modeling, but its limitations often lead to inaccuracies due to overgeneralization of data relationships. In contrast, AI can develop more accurate formulas based on historical...
by Tara Parker | Mar 28, 2023
Use A.I to forecast Account receivables This blog explains how FP&A can utilize Artificial Intelligence (AI) to make a data-driven forecast of Account Receivables by examining historical invoices and payment data. Account Receivables play a critical part in a...
