I used to waste hours on repetitive finance tasks

Now, 20 AI prompts do the heavy lifting for me

Copy my prompts below: Excel Formulas - Use AI to write Excel formulas

“I’m working in Excel with two sheets: one has sales order & order amount, the other has sales orders with customer names & dates
I need a formula to fetch the customer name in the first sheet using sales order as the key

How can you use AI for Finance?

Below I am telling you how 👇 1. Beginner

You know AI exist but you don’t know where to start and you are afraid to start because of confidentiality issues.

👉 My advice to go to the next level:
Start using ChatGPT or Bard (it doesn’t matter which one) and do this:

Today take notes of all the mini tasks you do at work.
Tomorrow, try to perform each of the tasks with ChatGPT by just asking:
“My job is X and I want to do Y, can you draft it for me?”

It might only work 20% of the time… but that’s already many use cases in one day!

PS: don’t give any confidential information about your company, clients or colleagues.

How can you use AI for Finance?

Below I am telling you how 👇 1. Beginner

You know AI exist but you don’t know where to start and you are afraid to start because of confidentiality issues.

👉 My advice to go to the next level:
Start using ChatGPT or any LLM Chatbot (it doesn’t matter which one) and do this:

Today take notes of all the mini tasks you do at work.
Tomorrow, try to perform each of the tasks with ChatGPT by just asking:
“My job is X and I want to do Y, can you draft it for me?”

It might only work 20% of the time… but that’s already many use cases in one day!

AI won't replace finance teams

It'll replace finance teams who don't use AI

Finance pros who master AI will outperform those who don't every single time.

Here's how to start your journey: 1. Beginner

You know AI exists, but you don’t know where to start, and you are afraid to start because of confidentiality issues.

👉 My advice to go to the next level: Start using ChatGPT or any LLM Chatbot (it doesn’t matter which one) and do this:

Today, take notes of all the mini-tasks you do at work. Tomorrow, try to perform each of the tasks with ChatGPT by just asking:

“My job is X and I want to do Y, can you draft it for me?” It might only work 20% of the time… but that’s already many use cases in one day!

How can you use AI for Finance?

Here's how 👇 1. Beginner

You know AI exist but you don’t know where to start and you are afraid to start because of confidentiality issues.

👉 My advice to go to the next level:
Start using ChatGPT or any LLM Chatbot (it doesn’t matter which one) and do this:

Today take notes of all the mini tasks you do at work.
Tomorrow, try to perform each of the tasks with ChatGPT by just asking:
“My job is X and I want to do Y, can you draft it for me?”

It might only work 20% of the time… but that’s already many use cases in one day!

Ratios are essential to analyze a company.

Here are 12 Financial Ratios every investor should understand:

Credits @QCompounding 1. Interest coverage: ratio used to determine how easily a company can pay the interest on its outstanding debt.

The higher this ratio, the better.

Seek for companies with an interest coverage ratio higher than 5.

How can you use AI for Finance?

Below, I am telling you how 👇

Here are the five stages you need to go through: 1. Beginner

You know AI exist but you don’t know where to start and you are afraid to start because of confidentiality issues.

👉 My advice to go to the next level:
Start using ChatGPT or Bard (it doesn’t matter which one) and do this:

Today take notes of all the mini tasks you do at work.
Tomorrow, try to perform each of the tasks with ChatGPT by just asking:
“My job is X and I want to do Y, can you draft it for me?”

It might only work 20% of the time… but that’s already many use cases in one day!

PS: don’t give any confidential information about your company, clients or colleagues.

20 Best Excel YouTube Videos

Open the thread to find the videos: 1. Excel for Accounting - 10 Excel Functions You NEED to KNOW!
By Leila Gharani

2. The Ultimate LOOKUP Guide (XLOOKUP, VLOOKUP, HLOOKUP)
By Kenji Farré

3. 4 Mins. to MASTER Excel INDEX & MATCH formulas!
By Mynda Treacy

4. Monthly Budgeting & Forecasting Model [Template Included]
By: Eric Andrews

5. Excel Formulas YOU NEED for Business & Finance Roles
By Kenji Farré

Is AI Going to Replace Excel?

I get this question all the time in my AI for Finance courses & keynotes.

Short answer: No.

Better answer: AI + Excel = Magic.

Let me explain. 🧵👇 1/ AI and Excel are two different types of technologies. AI is great at processing large data and simulating human intelligence, while Excel is built for structured spreadsheet activities.

How can you use AI for Finance?

Below, I am telling you how 👇

Here are the 5 stages you need to go through: 1. Beginner

You know AI exist but you don’t know where to start and you are afraid to start because of confidentiality issues.

👉 My advice to go to the next level:
Start using ChatGPT or Bard (it doesn’t matter which one) and do this:

Today take notes of all the mini tasks you do at work.
Tomorrow, try to perform each of the tasks with ChatGPT by just asking:
“My job is X and I want to do Y, can you draft it for me?”

It might only work 20% of the time… but that’s already many use cases in one day!

PS: don’t give any confidential information about your company, clients or colleagues.

The 48 Laws of Power Applied to Finance

Here is my The 48 Laws of Power Applied to Finance,

Inspired by Robert Greene's timeless principles. 💡 1. Never Outshine the Master

💡 2. Never Put Too Much Trust in Friends, Learn How to Use Enemies

💡 3. Conceal Your Intentions

💡 4. Always Say Less Than Necessary

💡 5. Guard Your Reputation With Your Life

💡 6. Court Attention at All Costs

💡 7. Get Others to Do the Work, But Always Take the Credit

💡 8. Make Others Come to You

💡 9. Win Through Actions, Not Arguments

💡 10. Avoid the Unhappy and Unlucky

Free Excel Template

Complete Financial Statements + Key Ratios
👉 Save time and money with this free template

Like, comment "Excel Free Template," and DM me to get the link to download the free template.

Note: You must follow me so I can reach out to you. Here is what is included:

1) Profit and Loss Statement
2) Balance Sheet Statement
3) Cash Flow Indirect
4) Cash Flow Direct
5) Ratio Analysis

Like, comment and follow to receive the template.

How can you use AI for Finance?

Here are the 5 stages you need to go through: 1. Beginner

You know AI exist but you don’t know where to start and you are afraid to start because of confidentiality issues.

👉 My advice to go to the next level:
Start using ChatGPT or Bard (it doesn’t matter which one) and do this:

How can you use AI for Finance?

Here are the five stages you need to go through: 1. Beginner

You know AI exist but you don’t know where to start and you are afraid to start because of confidentiality issues.

👉 My advice to go to the next level:
Start using ChatGPT or Bard (it doesn’t matter which one) and do this:

Do you want to become proficient in Excel?

I have curated a free Excel course for you which will save you 1000s of dollars! 1. Presentation of Excel and PowerQuery lnkd.in/eyx2Hg3a

2. Excel Ultimate Guide lnkd.in/eT8wWia7

3. Excel Vlookup lnkd.in/eHjZrf_y

4. Excel Lookups lnkd.in/eCNRGYAg

5. Excel Shortcuts lnkd.in/esMKGVqf

How to Analyse Financial Statements?

Learn today the Vertical Analysis method

A financial analysis method that looks at each line item as a percentage of a base figure within the statement.

Open the thread to start learning the vertical analysis method. Use ratios to compare financial statements of different sizes - like stating each line as a percentage of sales for P&L or as a percentage of total assets for the balance sheet.

Are you looking to explain accounting to kids in a fun and easy-to-understand way?

Here is the easiest way! 1/25

What is accounting?

When a company makes money, it has to keep track of where that money came from and where it goes.
This is called Accounting.

How to deal with inflation?

We are starting 2024 soon

And chances are, that on 1st January, your suppliers will increase prices!

What are the solutions to face this problem?

Here are my propositions based on an exercise I did for a previous company last year: 1. Raise Prices

Common way that companies do to help against inflation is by simply raising their prices.

Make sure to include a clause on variation of price based on indexes. This will cover the risk of inflation for the future.

50 Finance Concepts Explained to Kids (Part 1) 1. Business

Let’s imagine you are selling lemonade.

Example: Your lemon stand is your business because you sell lemonade there.

50 Finance Concepts Explained to Kids (Part 1) 1. Business

Let’s imagine you are selling lemonade.

Example: Your lemon stand is your business because you sell lemonade there.

Analyze your balance sheet analysis with these 5 key ratios! 1/5

Quick Ratio

🎯Goal: Check the solvency of a company and how fast can they repay their short term debts with their quick assets.

💡Formula: Quick Assets / Current Liabilities
(where Quick Assets = Current Assets - Inventory)