FLOQAST
The benefit there is AWS has a partner collecting the dollars instead of them losing them. For FloQast, the benefit is obvious – it makes it effectively free. It’ s a really nice win-win partnership.”
Navigating expectations vs reality Managing the gap between AI hype and operational reality is a primary challenge for today’ s finance leaders. While bold predictions about automation are common, Mike focuses on a more grounded objective: determining how to deploy AI practically and effectively today.
“ There are undeniable efficiency gains with AI, but the hurdle is implementation,” Mike says.“ We are currently focused on educating teams on how AI functions and how it will fundamentally change the audit process. Our goal is simple: when a board asks a CFO about their AI strategy, we want the answer to be‘ FloQast.’ We want to equip them with a strategic story that proves they are using a solution built for the future of accounting.”
For Mike, this educational mission extends beyond the C-suite. To ensure the entire profession is ready, the company launched the FloQast Certified Accountant( FCA) programme. More than just a training course, Mike views the FCA as a critical step in upskilling the workforce in AI foundations and advanced application usage.
“ This is a major step toward our mission: having accountants own the future of their profession by giving them the power of the technology we’ ve built,” Mike explains.
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