Recommended AI Tools to Use
Is anyone leveraging ChatGPT like tools in the workflow? I have a couple friends who started doing that and they are pleased about the time savings. Keen to find out what tools you guys use that are more professional and appropriate for finance and advisory instead of classic ChatGPT
Bump
I’m not able to use it in my current role but my previous firm leveraged a platform called Parrot AI for transcribing and summarizing internal meetings and customer calls (after being given consent to record). Otherwise I just use ChatGPT to assist with desktop research and to help get up to speed on complex industries.
We also took a look at an AI solution for modeling but really only found it useful for quickly putting together a mini model on CIMs, and even then it wasn’t really saving you any time because you still had to input financials. For a more robust operating model tailored to a specific business, it wasn’t very helpful. Happy to follow up on this thread and provide the name of the business when I can think of it
That sounds useful still - care to share the name of the solution? I know Canalyst but they do it without AI manually
Parrot AI. I mentioned it in the original
Check one I posted below. They gave access to financial statements data: https://app.withmaterial.com/
My bank has blocked access to ChatGPT but I think GPT 4 has some useful plugins for finance. How do I get around this?
You could use dedicated different tools that are not as famous as ChatGPT directly
Useful stuff indeed I use it as well
We started using something called MaterialHQ. It is connected to most financial data and web search and you can create docs to export into MS Office or copy paste stuff. I think it is free to try out
https://app.withmaterial.com/
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