A Truckload of Financial Value: The Logistics of Moving from Excel to Automation at Merchants Fleet

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This is a podcast episode titled, A Truckload of Financial Value: The Logistics of Moving from Excel to Automation at Merchants Fleet. The summary for this episode is: <p>When Finance and Accounting rely on spreadsheets, those teams have little time to do more than report the numbers. Join Russ Bonilla, Director Financial Planning &amp; Analysis at Merchants Fleet, to learn how the company's Office of the CFO moved to Planful and turned its team from reporters into consultants. He'll also explore how the company uses Planful to manage structured planning, deliver balance sheet and cash flow reports, run a rolling 12-month forecast, and more. He'll also explain how Planful Predict: Signals added AI into this traditional company's fleet of financial capabilities.</p>
Planful helped save us 280 hours per person
04:29 MIN
Budgeting process went from 3 months to 6 weeks
01:15 MIN
Implementing AI/ML using Planful's Predict help train new associates
03:00 MIN
Signals associates ask better questions and took 40mins to implement
02:51 MIN
Automation journey has allowed the team to become more strategic consultants for the business
02:56 MIN
Impact of Planful on career and team
01:06 MIN
Train the trainer package is the best investment you could make
01:59 MIN

DESCRIPTION

When Finance and Accounting rely on spreadsheets, those teams have little time to do more than report the numbers. Join Russ Bonilla, Director Financial Planning & Analysis at Merchants Fleet, to learn how the company's Office of the CFO moved to Planful and turned its team from reporters into consultants. He'll also explore how the company uses Planful to manage structured planning, deliver balance sheet and cash flow reports, run a rolling 12-month forecast, and more. He'll also explain how Planful Predict: Signals added AI into this traditional company's fleet of financial capabilities.