AI struggles to build multi-year financial models when you skip the setup. A balance sheet that doesn't balance in year two shows the problem: users need step-by-step guidance through each stage of model construction, not just a prompt and a result.
I'm still seeing a lot of people open up Excel. Hey, Claude, build me a model. And then they're disappointed when the balance sheet doesn't balance in year 5. Well, you've missed like 50 steps in between where you started and where you want to get to. And I think being able to hold users' hands in terms of building out in particular context is everything. Being able to support them and to teach them how to use these tools effectively, providing that support is, I think, job number 1 for everyone right now because the learning curve is so steep that people are having a hard time just understanding what's all the functionality I need to understand to be able to make this work well for me.
Trust and Leadership Lessons for FP&A From 100+ Top Leaders with CFO Jon Laudie
