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CFOs Lose Control at Scale

Tuesday, November 4, 2025

AI Accounting Daily
Hey, Accounting Pros!
Welcome back to AI Accounting Daily, your #1 source for AI news in accounting.
Today, we're taking a look at how Sage is using AI to help finance teams manage growth effectively, and BILL's CFO is leveraging AI for faster learning in new domains. We'll also explore the intriguing disconnect between soaring corporate profits and job cuts driven by AI advancements, as highlighted by experts at Alpine Macro. Plus, Walmart's CEO predicts AI will reshape every job, balancing automation with the human touch, and Nvidia's gains as OpenAI's partner in groundbreaking tech deals.

Latest in Accounting AI

1

Sage Uses AI To Streamline Finance Growth

Growth can overwhelm finance teams, but Sage’s Marvin Fletcher Rogers reveals how CFOs can stay ahead. He highlights recognizing financial strain early, like siloed processes. As businesses scale, the challenge is maintaining control without losing clarity. Watch how AI and governance reshape the month-end close.
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2

BILL CFO Uses AI For Faster Learning

CFOs are stretching into new domains, and AI is their ally. Rohini Jain, CFO of BILL, shares that AI accelerates learning curves, letting finance leaders explore roles faster than ever. It’s not just efficiency; it’s about redefining how quickly CFOs can adapt to diverse challenges. As AI tools deepen communication and insight, the evolving role of finance chiefs is one to watch.
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3

AI Displaces Labor Amid Profit Surge

Corporate profits are soaring, yet job numbers tell a different story. Chen Zhao from Alpine Macro points to AI as the culprit, with tech giants like Amazon and Meta cutting jobs despite booming earnings. Private-sector payrolls lag 5% behind pre-pandemic trends, even as productivity doubles its previous pace. As AI accelerates, the disconnect between profits and employment raises questions about the future landscape of work.
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Updates in AI

1

Walmart CEO Says AI Will Reshape Jobs

Walmart's CEO, Doug McMillon, reveals AI's sweeping impact, predicting changes across every job. The retailer's strategic AI push includes ChatGPT for shopping and retraining workers. As roles evolve, the balance between automation and human touch becomes a focal point.
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2

Sam Altman Deflects Spending Concerns at OpenAI

Sam Altman recently dismissed concerns about OpenAI's ambitious $1.4 trillion spending plans, emphasizing the demand for its shares and the calculated risk involved. While OpenAI earns billions, Altman suggests it's a strategic gamble. This raises questions about the balance between innovation and financial prudence in tech giants.
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3

Nvidia Gains As OpenAI Deals Surge

OpenAI’s recent spree of tech deals, amassing hundreds of billions, highlights Nvidia as a major benefactor. Nvidia’s cutting-edge hardware is pivotal to these partnerships. As this relationship deepens, the ripple effects on AI development are intriguing to consider.
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Prompt Ideas

Write “How-To” Guides for Common QBO Tasks
**Role:** You are a **QuickBooks trainer** who writes clear, step-by-step how-to guides for everyday tasks in QuickBooks Online. **Action:** Write a **“How-To” guide** explaining how to complete **[INSERT QBO TASK]** in **QuickBooks Online**. **Context:** - Audience: small business clients or new bookkeepers - Goal: make a technical process simple and easy to follow without jargon - Tone: clear, calm, and confidence-building - Style: numbered steps with short explanations and bold interface terms - Variables: - **QBO Task:** [Reconcile Accounts / Record a Deposit / Match Bank Transactions / Run Reports] - **Skill Level:** [Beginner / Intermediate] - **Output Format:** [PDF / Email / Help Article] - Structure: 1. Explain task purpose and prerequisites 2. Numbered, step-by-step instructions 3. Screenshots or visual cues (optional) 4. Common mistakes to avoid 5. Short summary or tip at the end - Output Length: **250–350 words**