Glenn Hopper: Using ChatGPT to Build an FP&A tool and What Happened Next

Many CFOs preach about keeping up with technological change. But CFO Glenn Hopper went a step further. As ChatGPT talk reached fever pitch he was ready with a proof of concept for an FP&A version of Chat GPT. For good measure he also provided 30 pages of documentation about the process (“Application of ChatGPT to Build an FP&A Tool”) - to acclaim among FP&A professionals. Hopper, a serial startup CFO, and U.S. Navy veteran who earned a master’s degree at Harvard says: “I wanted to see if someone with just a base understanding of the underlying technology could use artificial intelligence to first off build a tool that would help automate some of the FP&A processes and secondly, get to a way where you could use that tool to interact with your company's financial data.” The Chat GPT project was a perfect technical project for Hopper, playing to his technological mindset and  skills foreshadowing technological transformation for finance professionals as explored in his book Deep Finance In the Information Age: www.amazon.com/Deep-Finance-Corporate-Information-…. The study also draws on his career and love of FP&A. In this episode Glenn Hopper discusses His unusual transition to CFO, moving from journalism in the Navy to product manager.    How a passion for writing helps to formulate projects and challenges in finance His experience with financial transformation in finance companies and the lessons he learned from the experience – as set out in his book Deep Finance How having a mathematical and analytical mindset is crucial for anyone in FP&A How his biggest corporate failure (missing a $1.5million invoice in budget preparation) was essentially his “origin story” to becoming a transformative CFO How he wrote a feature film – a low budget horror movie, The Hanged Man which streamed on Netflix His favorite Excel function Links from the show Deep Finance In the Information Age: www.amazon.com/Deep-Finance-Corporate-Information-… “Application of ChatGPT to Build an FP&A Tool” - github.com/ghopper3/ChatGPT-Project/blob/main/Chat… The Hanged Man (2007) Written by Glenn Hopper www.imdb.com/title/tt1185596/ Watch the full show on YouTube Read the full transcript and blog Follow Glenn Hopper on LinkedIn Follow Paul Barnhurst on LinkedIn Follow Datarails on LinkedIn