John Toon has no patience for the phrase, arguing it is so ambiguous it means nothing: does zero mean zero days after the month end, or zero days of processing once you start? Alastair Barlow points out he was watching multinationals close in 24 to 48 hours two decades ago, long before anyone said AI. Eriona Bajrakurtaj makes the case that the real consequence is firms having to sit far closer to the client than most of them do now.
The point they land on is that the interesting word is not zero, it is continuous. Knowing where a business stands on the 17th rather than waiting for the 30th.
From the episode with Eriona Bajrakurtaj, Alastair Barlow and John Toon.
Digi-Tools in Accrual World is The Loop's weekly accounting tech podcast, hosted by Ryan Pearcy, John Toon, Indi Tatla, Eriona Bajrakurtaj and Ian Gregory.
Full episodes: https://digitoolsinaccrual.world
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