Rillet

Last night, alongside our friend, Seema Amble from a16z, we hosted finance and accounting leaders across the Bay Area to discuss how AI is reshaping our workflows. Some of my personal takeaways from the night: 1. AI is vastly reducing the time spent on complicated writing tasks. Finance leaders are using ChatGPT to write technical accounting memos, draft board reports, generate images for company all hands and document their teams processes (no more bottlenecks when folks are OOO). 2. AI is great at providing feedback on how to build the financial model or answer questions like “how does index match work again?”. Unfortunately, it can’t build the model for you considering the historical data, your expectations for the future and relevant benchmarks. Not yet, anyway. 3. 99% right is 100% wrong in finance and accounting. If an AI agent categorizes all but a few of the transaction correctly…it can create more work not less for teams already strapped for time. A key responsibility of our teams is reducing risk to the organization. Human judgment will be a necessary component of AI implementation within finance, at least in the short term. 4. The work available to junior employees is quickly getting consumed by AI agents and AI enhanced tools. This leaves an open question: where do junior employees fit within our teams and how do we train the next generation of finance and accounting leaders? 5. Maybe giving the CEO an AI chatbot on top of the financial model is a bad idea. Sure, they can stop using the CFO as their personal FinanceGPT but they’ll also miss important context. Plus, we like our jobs. Sorry Nicolas Kopp :) If you’re interested in attending our future events, send me a DM or comment below!

G2 just published their latest data. ?? Rillet is the Momentum Leader and Higher Performer in the ERP category! We are working our way up on the market presence axis and our goal is to claim #1 spot on the ease of usability index. Let's tackle all financial problems at the core, starting with your ERP. Clean data at your source of truth = the future of accounting ??

G2 just published their latest data. ?? Rillet is the Momentum Leader and Higher Performer in the ERP category! We are working our way up on the market presence axis and our goal is to claim #1 spot on the ease of usability index. Let's tackle all financial problems at the core, starting with your ERP. Clean data at your source of truth = the future of accounting ??

What an evening sailing on the Hudson, with ?? as the backdrop. Thanks to all who joined our Rillet x Rippling Sunset Sail for making it such a memorable networking and knowledge-sharing event! Special thanks to our incredible panel with 60+ years of experience in VC and PE-backed companies sharing their insights and experience on best practices on board reporting and SaaS metrics Ray Rike, Erik Meyer, Peter O'Brien. Looking forward to the next one! ? ??

What an evening sailing on the Hudson, with ?? as the backdrop. Thanks to all who joined our Rillet x Rippling Sunset Sail for making it such a memorable networking and knowledge-sharing event! Special thanks to our incredible panel with 60+ years of experience in VC and PE-backed companies sharing their insights and experience on best practices on board reporting and SaaS metrics Ray Rike, Erik Meyer, Peter O'Brien. Looking forward to the next one! ? ??

Want to do better board reporting? Join us this Thursday with Myoung Kang (ex-Head of Finance at Notion), Chris Brubaker (VP of Finance at Postscript) and stephen hedlund from Rillet as they discuss how to make the most of your board meetings. Plus, get access to best-in-class board pack templates — including a board deck, board memo, and investor update email. Register now! Link in the comments ??

Want to do better board reporting? Join us this Thursday with Myoung Kang (ex-Head of Finance at Notion), Chris Brubaker (VP of Finance at Postscript) and stephen hedlund from Rillet as they discuss how to make the most of your board meetings. Plus, get access to best-in-class board pack templates — including a board deck, board memo, and investor update email. Register now! Link in the comments ??

Not ready for the summer to end? ?? Neither are we! That's why we've teamed up with Rippling to bring you the Sunset Sail on the Hudson ?. Let's enjoy a few drinks while sailing to the Manhattan skyline, catch the last bit of summer vibes with your fellow finance leaders coming in from across the country. You'll also get to take home a cute Rest & Relax swag brought to you by your best R&R team. We have a waitlist for this event and would love to try to accomodate as many of you as possible. Register in the link in comments and we'll let you know when a spot frees up!