The Future of Corporate Finance with Complete Intelligence's CEO Tony Nash

Episode Summary: Host Chris Howard is joined by Tony Nash, CEO and Founder of pioneering AI-powered financial forecasting company Complete Intelligence. Originally started as a hypothesis, Complete Intelligence automates the financial forecasting process to limit time spent manually budgeting. Talking points include financial forecasting automations that save time and money, the biggest debates around corporate AI usage, and advice for entrepreneurs seeking success in the Texas Triangle.

Key Insights & Timestamps:
•[00:00]: Podcast begins
•[01:15]: Founding Complete Intelligence & building AI forecasting models
•[07:59]: Forecasting, flow, & forging a new customer process
•[15:45]: How corporate finance inspired Complete Intelligence
•[20:33]: Will AI overlords steal our finance jobs?
•[27:35]: Advice for older entrepreneurs & first-time founders
•[31:23]: Finding success in the Texas Triangle

Guest Spotlight:Tony Nash, CEO & Founder of Complete IntelligenceTen years ago, Tony Nash founded Complete Intelligence, an artificial intelligence platform that provides highly accurate cost and revenue forecasts fueled by billions of enterprise and public data points. Previous to his venture into entrepreneurship, Tony worked for notable financial institutions, such as IHS and the Economist. In his everyday work at Complete Intelligence, and with his more recent project Nerd Roaster, Tony aims to exceed client expectations with cutting-edge, ground-breaking AI solutions.

Key Takeaways:
• The first step of Complete Intelligence’s process is called audit flow, where a customer gives their data and an audit is performed using AI. Using this audit, Complete Intelligence shortens months-long consulting and accounting processes into a single week. Putting the information about problems in accounting right into the clients’ hands as quickly as possible allows the client to make a faster decision about hiring consultants or fixing their problems themselves.
•When asked is AI will take away jobs, Tony explains that AI, especially with Complete Intelligence, aims to only take away the boring parts of any job. The interesting parts of a job, company, or industry will still fall into the hands of smart human beings who value the work and opinions of other humans. AI should be used to replace tired processes, not interesting projects.
•Tony considers himself as being older for an entrepreneur, founding his company in his 40s and learning harder lessons with the increased risk of becoming a founder later in life. For other older entrepreneurs, Tony recommends being comfortable with risk and having a strong, thorough business plan. Unlike early-20s founders, older founders may encounter more risk and have to consider their founder’s journey as an instrumental element in the latter part of their career journey.