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Deterministic vs. Probabilistic: The Right Tech for Finance Problems

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Manage episode 486689562 series 3516957
Content provided by Earmark Media and Isaac Heller. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Earmark Media and Isaac Heller or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Jason Berwanger, CEO and co-founder of Hubify, joins Isaac to discuss why the accounting industry needs to focus on bulletproof automation before jumping into AI solutions. Drawing from his experience leading financial systems through Root Insurance's IPO and now serving high-volume PLG companies like Strava, Jason explains the critical difference between deterministic and probabilistic problems in finance. The conversation covers the challenges of building sustainable accounting tech companies, why venture capital approaches often misalign with accounting buyers' risk tolerance, and how the industry can avoid the pitfalls of "tourist" founders who lack real practitioner experience.

  • (00:00) - Introduction and Welcome
  • (00:44) - Meet Jason Berwanger: CEO and Co-Founder at HubiFi
  • (01:55) - Jason's Journey in Accounting and Technology
  • (06:14) - The Intersection of Finance and Data
  • (08:19) - Becoming an Entrepreneur in Accounting
  • (12:14) - Advice for Aspiring Accounting Entrepreneurs
  • (16:24) - The Role of Venture Capital in Accounting Tech
  • (24:16) - Automation and the Future of Accounting Jobs
  • (28:23) - The Strategic Role of Accounting and Finance in the Era of AI
  • (31:36) - The Pyramid of Finance Systems
  • (35:47) - Deterministic vs. Probabilistic Solutions in Finance
  • (42:35) - The Importance of Long-Term Sustainable Solutions
  • (49:09) - Future Trends in Order to Cash and Automation

Learn more about HubiFi
https://www.hubifi.com/

Connect with Jason
https://www.linkedin.com/in/jason-kyle-berwanger

Learn more about Trullion
https://trullion.com

Connect with Isaac Heller
https://www.linkedin.com/in/isaacheller

Get NASBA Approved CPE or IRS Approved CE
Launch the course on Earmark to get free CPE/CE for listening to this episode.

Review
Leave a review on Apple Podcasts or Podchaser

Subscribe
Subscribe to the AI: Accounting Intelligence podcast in your favorite podcast app!

This podcast is a production of the Earmark Media

  continue reading

19 episodes

Artwork
iconShare
 
Manage episode 486689562 series 3516957
Content provided by Earmark Media and Isaac Heller. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Earmark Media and Isaac Heller or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Jason Berwanger, CEO and co-founder of Hubify, joins Isaac to discuss why the accounting industry needs to focus on bulletproof automation before jumping into AI solutions. Drawing from his experience leading financial systems through Root Insurance's IPO and now serving high-volume PLG companies like Strava, Jason explains the critical difference between deterministic and probabilistic problems in finance. The conversation covers the challenges of building sustainable accounting tech companies, why venture capital approaches often misalign with accounting buyers' risk tolerance, and how the industry can avoid the pitfalls of "tourist" founders who lack real practitioner experience.

  • (00:00) - Introduction and Welcome
  • (00:44) - Meet Jason Berwanger: CEO and Co-Founder at HubiFi
  • (01:55) - Jason's Journey in Accounting and Technology
  • (06:14) - The Intersection of Finance and Data
  • (08:19) - Becoming an Entrepreneur in Accounting
  • (12:14) - Advice for Aspiring Accounting Entrepreneurs
  • (16:24) - The Role of Venture Capital in Accounting Tech
  • (24:16) - Automation and the Future of Accounting Jobs
  • (28:23) - The Strategic Role of Accounting and Finance in the Era of AI
  • (31:36) - The Pyramid of Finance Systems
  • (35:47) - Deterministic vs. Probabilistic Solutions in Finance
  • (42:35) - The Importance of Long-Term Sustainable Solutions
  • (49:09) - Future Trends in Order to Cash and Automation

Learn more about HubiFi
https://www.hubifi.com/

Connect with Jason
https://www.linkedin.com/in/jason-kyle-berwanger

Learn more about Trullion
https://trullion.com

Connect with Isaac Heller
https://www.linkedin.com/in/isaacheller

Get NASBA Approved CPE or IRS Approved CE
Launch the course on Earmark to get free CPE/CE for listening to this episode.

Review
Leave a review on Apple Podcasts or Podchaser

Subscribe
Subscribe to the AI: Accounting Intelligence podcast in your favorite podcast app!

This podcast is a production of the Earmark Media

  continue reading

19 episodes

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