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#259 He Reveals the First AI Project That Actually Saved Money, Marco Torrente, Interim Group CFO, Bakuun Holdings

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Manage episode 518839529 series 2953650
Content provided by Kevin Appleby. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kevin Appleby 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.

As AI transforms the business landscape, finance leaders are seeking practical examples of true value creation—not just hype. In this episode, Marco Torrente, Interim Group CFO at Bakuun Holdings, joins host Kevin Appleby to share real financial transformation lessons from the front lines. Marco’s candid reflections move beyond generic AI discussions to pinpoint what actually saves money, emphasizing the importance of getting digital transformation right and building team mindsets that embrace technology.

The conversation explores the practicalities of starting the AI journey, including improving transactional systems and data quality, as well as how AI enables FP&A teams to shift from data crunching to value-adding activities. Marco further reveals that while AI projects haven’t yet drastically reduced headcount, they empower teams to deliver faster, more adaptive business forecasts and partner more effectively with the business. Listeners gain actionable insights on risk analysis, business partnering, and future-proofing the finance function in an era of rapid technological change.

Key topics covered:

  • Mindset change is the hardest aspect of finance digital transformation
  • Accurate, clean data is critical for successful AI adoption and savings
  • AI enables finance teams to spend less time crunching numbers, more time adding value
  • Savings are real when AI is applied to transactional and repetitive processes
  • AI leads to more frequent, adaptive forecasting and better business partnering
  • Boardroom strategy discussions increasingly focus on AI-driven transformation

Links

Timestamps

  • 03:57 Overcoming mindset challenges in tech and finance teams
  • 07:45 How clean data and smart choices spark successful AI projects
  • 14:48 Impact of AI on workflows—shifting FP&A from data crunching to insights
  • 18:16 Balancing business strategy with transformation and risk
  • 26:15 Real savings and workforce impact: redeployment not just reduction
  • 30:04 Future plans, ongoing learning, and actionable advice

Find out more about GrowCFO

If you enjoyed this podcast, you can subscribe to the GrowCFO Show with your favorite podcast app. The GrowCFO show is listed in the Apple podcast directory, Spotify and many others. Why not subscribe there today? That way, you never miss an episode.

GrowCFO is a great place to extend your professional network. Join GrowCFO as a free member today and participate in our regular networking events and webinars. Premium members can also access our extensive training center and CFO Digital Toolkit. You can enroll in our flagship Future CFO or Finance Leader programs here.

You can find out more and join today at growcfo.net

  continue reading

263 episodes

Artwork
iconShare
 
Manage episode 518839529 series 2953650
Content provided by Kevin Appleby. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kevin Appleby 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.

As AI transforms the business landscape, finance leaders are seeking practical examples of true value creation—not just hype. In this episode, Marco Torrente, Interim Group CFO at Bakuun Holdings, joins host Kevin Appleby to share real financial transformation lessons from the front lines. Marco’s candid reflections move beyond generic AI discussions to pinpoint what actually saves money, emphasizing the importance of getting digital transformation right and building team mindsets that embrace technology.

The conversation explores the practicalities of starting the AI journey, including improving transactional systems and data quality, as well as how AI enables FP&A teams to shift from data crunching to value-adding activities. Marco further reveals that while AI projects haven’t yet drastically reduced headcount, they empower teams to deliver faster, more adaptive business forecasts and partner more effectively with the business. Listeners gain actionable insights on risk analysis, business partnering, and future-proofing the finance function in an era of rapid technological change.

Key topics covered:

  • Mindset change is the hardest aspect of finance digital transformation
  • Accurate, clean data is critical for successful AI adoption and savings
  • AI enables finance teams to spend less time crunching numbers, more time adding value
  • Savings are real when AI is applied to transactional and repetitive processes
  • AI leads to more frequent, adaptive forecasting and better business partnering
  • Boardroom strategy discussions increasingly focus on AI-driven transformation

Links

Timestamps

  • 03:57 Overcoming mindset challenges in tech and finance teams
  • 07:45 How clean data and smart choices spark successful AI projects
  • 14:48 Impact of AI on workflows—shifting FP&A from data crunching to insights
  • 18:16 Balancing business strategy with transformation and risk
  • 26:15 Real savings and workforce impact: redeployment not just reduction
  • 30:04 Future plans, ongoing learning, and actionable advice

Find out more about GrowCFO

If you enjoyed this podcast, you can subscribe to the GrowCFO Show with your favorite podcast app. The GrowCFO show is listed in the Apple podcast directory, Spotify and many others. Why not subscribe there today? That way, you never miss an episode.

GrowCFO is a great place to extend your professional network. Join GrowCFO as a free member today and participate in our regular networking events and webinars. Premium members can also access our extensive training center and CFO Digital Toolkit. You can enroll in our flagship Future CFO or Finance Leader programs here.

You can find out more and join today at growcfo.net

  continue reading

263 episodes

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