AI In Finance: How AI Is Changing The CFO Role – Insights From CFO Julianne Averill
As technology reshapes industries, financial leaders are increasingly turning to AI to streamline operations and enhance decision-making. Today’s episode features insights on this transformative trend from a distinguished CFO.
I’m thrilled to welcome Julianne Averill, a Managing Director and CFO at Danforth Advisors, to the show. Julianne is at the forefront of biotech and digital health finance, providing vital guidance on corporate development strategies for companies navigating complex markets.
We touch on the critical challenges of obtaining clean data, especially in healthcare tech, and how AI can help convert unstructured data into usable formats. Julianne discusses the importance of human supervision in AI tasks, ensuring accuracy and continuous improvement.
Our conversation highlights how AI can enhance CFO roles and the complexities of integrating technology in mergers and acquisitions.
Listen in to gain a deeper understanding of these critical topics.
Specifically, this episode highlights the following themes:
- The role and value of executive coaching in leadership and decision-making.
- Strategies for improving communication skills and understanding the audience
- The importance of humility, learning, and adaptability in evolving as a leader.
Links from this episode:
- Get to know more about Julianne Averill: https://www.linkedin.com/in/julianneaverill
- Learn more about Danforth Advisors: http://www.danforthadvisors.com
- Get to know more about Steven Swan: https://www.linkedin.com/in/swangroup
==== Time Stamps ====
00:00 – Introduction
00:49 – About Julianne Averill
05:23 – Variable resource model: Flexibility in staffing needs
07:58 – Emerging AI finance model streamlines business operations
10:00 – Excited about AI’s potential in finance
13:43 – Challenges of unstructured data in finance
17:06 – AI is helpful, but not fully understood
21:21 – Removing barriers for women and underrepresented founders
24:31 – Collective intelligence brings diversity and decision making
27:44 – Biotech industry complexity and collective technology efforts
30:57 – Relationship business addresses unique individual problems
35:14 – Researching artist, amazed by stage mishap
