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Eric Siu demonstrates an AI CFO tool that analyzes QuickBooks and Ramp data to find duplicate spending, contractor waste, and subscription bloat. Running it on his own finances surfaced $500,000 in cost reductions within days.
Eric Siu demonstrates an AI CFO tool that analyzes QuickBooks and Ramp data to find duplicate spending, contractor waste, and subscription bloat. Running it on his own finances surfaced $500,000 in cost reductions within days.
I have this little finance ops skill here that saved me $500 grand. Like literally I ran the skill and you can see it. This is your AI CFO that finds hidden costs in 30 minutes. Am I saying cut your CFO? No, I'm not saying that. I'm just saying that instead of waiting days or weeks to get your data pulls, you can do this a lot faster. So you pull your QuickBooks exports and then you can pull whatever else that you're using. Maybe you're using Ramp or something like that, and it'll give you an executive financial summary, profitability analysis, people cost breakdown, tool subscription audit. And so basically for me it said, hey, you're actually spending a lot on these tools over here and you're spending a lot over here on maybe contractors that you might not need based on the goals that I know that you have. They'll call it anomalies or call it maybe duplicate spend as well, 'cause duplicate spend happens. And so in a span of like me running this in the next 3 days, I cut that $500 grand in costs.
