Summary
This conversation explores the transformative impact of native AI ERP applications on SaaS-based organizations, focusing on automation, billing complexities, cloud cost management, and compliance. Sandeep Chopra, co-founder of Everest, discusses how AI enhances finance operations, simplifies subscription billing, and supports real-time monitoring of cloud costs. The discussion also highlights the importance of a unified data model for recurring revenue businesses and the innovative features of Everest's platform, including a live sandbox for configuration changes and a modular deployment approach for ERP systems.
Key Takeaways
-
AI can massively increase productivity gains.
-
Billing complexity requires integrated solutions.
-
Understanding cloud costs is vital for companies.
-
Run your ERP in a what-if mode.
-
Recurring revenue models change business processes.
-
AI can automate flux analysis.
-
Versioning enables rich compliance capabilities.
-
Live sandbox allows infinite configurations.
-
Changes should be made inside the system.
-
Deploy ERP modularly for flexibility.
Chapters
00:00 Introduction to AI in ERP for SaaS
02:50 Simplifying Subscription Billing Complexity
03:48 Monitoring Cloud Costs in Real Time
04:44 Adapting to Product and Pricing Changes
05:35 Building a Data Model for Recurring Revenue
06:31 AI Reducing Manual Finance Work
07:58 Ensuring Compliance and Auditability
09:55 Innovative Sandbox Environments
10:53 Future Roadmap for Everest's Product
11:50 Advice for CFOs on ERP Deployment
The future of ERP is here, and it’s #Native AIERP. Let’s build it together.
Cameron Ackbury, CPA
Advisor to the Office of the CFO
+1 650-223-4557