Innovating Spend Management through AI with Pedro Franceschi from Brex
Podcast: No Priors: Artificial Intelligence | Technology | StartupsPublished On: Thu Aug 08 2024
Description: Hunting down receipts and manually filling out invoices kills productivity. This week on No Priors, Sarah Guo and Elad Gil sit down with Pedro Franceschi, co-founder and CEO of Brex. Pedro discusses how Brex is harnessing AI to optimize spend management and automate tedious accounting and compliance tasks for teams. The conversation covers the reliability challenges in AI today, Pedro’s insights on the future of fintech in an AI-driven world, and the major transitions Brex has navigated in recent years. Sign up for new podcasts every week. Email feedback to show@no-priors.com Follow us on Twitter: @NoPriorsPod | @Saranormous | @EladGil | @Pedroh96 Show Notes: (0:00) Introduction (0:32) Brex’s business and transitioning to solo CEO (3:04) Building AI into Brex (7:09) Solving for risk and reliability in AI-enabled financial products (11:41) Allocating resources toward AI investment (14:00) Innovating data use in marketing (20:00) Building durable businesses in the face of AI (25:36) AI’s impact on finance (29:15) Brex’s decision to focus on startups and enterprises
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