Empowering Fractional CFOs with AI and Automation for Better Financial Solutions with Joe Manganelli

Future Finance

In this episode of Future Finance, hosts Paul Barnhurst (The FP&A Guy) and Glenn Hopper welcome guest Joe Manganelli. Joe shares his journey from creating a simple Excel macro to founding Amalgam, now an integrated platform for financial automation. With rich insights on AI in finance, entrepreneurship, and investments, Joe discusses the evolution of his company, modern finance's future, and why simplifying processes is often key to innovation.

Joe Manganelli is the Chief Revenue Officer of Amalgam and founder of Calculate, a finance and accounting consultancy for startups. With a background in finance and accounting for emerging businesses, Joe has deep expertise in building practical tech solutions for finance teams. His current focus with Amalgam is making financial data easily accessible, automating workflows, and developing tools that streamline the finance function.

In this episode, you will discover:

• How Amalgam helps finance teams by simplifying and centralizing financial data through Excel.
• The steps finance functions can take to prepare for AI integration and data automation.
• Insights into the challenges of scaling a tech product from a macro to a platform.
• Joe’s perspective on investing in AI technology and the importance of aligning with market needs.
• The practical future of AI in finance, from predictive analysis to process automation.

In this episode, Joe Manganelli offers a wealth of insights into the intersection of finance, automation, and AI, underscoring the importance of simplifying financial workflows for greater efficiency. Joe’s perspective as both a founder and investor provides valuable guidance for anyone navigating the evolving landscape of finance and technology.

Follow Joe:

LinkedIn: https://www.linkedin.com/in/joemanganelli/

Website: https://www.amalgam.me/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

LinkedIn: https://www.linkedin.com/in/gbhopperiii

AI Mastery for Finance Professionals: https://a.co/d/h8cTGeR

Follow Paul:

LinkedIn: https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://qflow.ai/future-finance

Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai.

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:47] – Real Use Cases of Generative AI

[09:14] – Introduction to guest Joe Manganelli

[11:13] – Overcoming Challenges and Scaling the Product

[13:51] – Joe’s Investment Philosophy in AI and Startups

[19:36] – Amalgam’s Data Security and Efficiency Approach

[28:05] – The ‘Walk Before You Run’ Strategy for AI in Finance

[30:33] – The Proactive Potential of Generative AI in Finance

[35:16] – Future of Predictive Financial Analysis with AI

[38:01] – Fun Q&A segment with Joe

[42:01] – Closing Remarks and Wrap Up