What $5M to $30M Scaling Actually Looks Like Behind the Scenes

Yeah, so let's talk about AI for a second because we've mentioned it in passing a little bit.

All right.

So there's a book called Range, How Generalists Survive in a World of Specialists.

I think that's the title.

I think it's by David.

Good book.

Recommend it if you read it.

Great.

But he talks about AI in it and he mentions a specific use case.

I won't I won't ruin it for you.

But he basically says, in this use case, in this example, we see that AI is great with tactics.

And I'll apply this to accounting.

But they're great with tactics.

They're great with processes and following through on step-by-step procedures.

But where humans excel in is strategy implementation.

And so what does that mean for your accounting or your finance department? AI, we are definitely seeing AI come in and do categorizations, do some of the day-to-day work, some of the repetitive manual processes.

We're seeing AI come in and do that.

We're also seeing a little bit of AI hype where something is promised.

And maybe it's accomplished, but not with accuracy.

So there was a recent article in CFO.com where somebody basically reviewed different accounting AI software.

And what they found is at the best, which was Claude, Claude for finance, at best, Claude was the best.

They had a 75% to 80% success rate.

the remaining 25 to 20%, they miscategorize something.

They failed in that categorization or that process and procedure.

So there will always be an accountant in the loop.