AI Accounting for FP&A Professionals to Deliver Real-Time Finance Insights with Jeff Seibert

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper welcome Jeff Seibert, CEO and founder of Digits, a cutting-edge accounting platform. Jeff shares how Digits is transforming the finance world by automating accounting workflows and providing real-time visibility into financial data. He explains how integrating modern technology into the general ledger (GL) and other accounting processes is streamlining the financial close and eliminating inefficiencies that have long been part of traditional systems.Jeff Seibert is the founder and CEO of Digits, a groundbreaking accounting platform. Previously, he was Twitter's Head of Consumer Product and appeared in the Emmy-winning Netflix documentary The Social Dilemma. Jeff co-founded Crashlytics, acquired by Twitter in 2013 and now owned by Google. A self-taught programmer, he started coding at 13 and graduated from Stanford with a B.S. in Computer Science. Jeff is also an angel investor in over 100 startups and was named one of Insider’s Top 100 Seed VCs.Expect to Learn:The difference between traditional and AI-native accounting systemsHow Digits uses machine learning for near-perfect transaction classificationWhy legacy systems struggle with AI and how Digits solves itHow predictive models enable real-time financial insightsJeff’s predictions on AI’s future in finance, automation, and reconciliationJeff Seibert provides a fascinating insight into the future of finance, showcasing how AI can transform the accounting space from a slow and manual process to one that’s fast, predictive, and automated. His journey from self-taught programmer to CEO of a company revolutionizing accounting highlights the power of innovation in today’s tech-driven world.Follow Jeff:LinkedIn - https://www.linkedin.com/in/jseibert/Website - https://jeffseibert.com/Company - https://digits.com/Join hosts Glenn and Paul as they unravel the complexities of AI in finance:Follow Glenn:LinkedIn: https://www.linkedin.com/in/gbhopperiiiFollow Paul: LinkedIn -  https://www.linkedin.com/in/thefpandaguyFollow QFlow.AI:Website - https://bit.ly/4i1EkjgFuture Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai. Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.In Today’s Episode:[00:00] - Introduction to Jeff Seibert[02:25] - What Inspired Jeff to Start Digits[05:24] - How Did Jeff Overcome the Data Gap[08:11] - Did You Expect the Digits Timeline[12:38] - AI Agents in Classification[16:50] - The Future of Real-Time Accounting[18:43] - Wrapping Up with Jeff Seibert